The New York Herald Newspaper, December 7, 1874, Page 5

i SPAIN. Active Strategy of the Contending Commanders in the Field. Bepublican Reinforcements Landed at San Se- bastian—Royalist Advances for Sup- pert from Serrano. SANTANDER, Deo. 6, 1874, ‘The republican General Salamanca, at Bilbao, is making s diversion upon Orduna, while General Loma ts operating simultaneously in Gutipazcos. The object of these Movements is to weaken the lines of the Carlist General Mendiri, in Navarre, ‘which now prevent the revictualing of Pampeiuna. Opposed to Salsmance is the Carlist General Mogrovejo, and Genera! Egans conducts the de- fensive operations against the republican General Loma, REPUBLICAN REINFORCEMENTS, Five thousand men, under the latter, have Janded at San Sebastian, Royselisg Advances for Support From Serrano. Paris, Dec. 6, 1874, Inteligence haf been received here that the sup- porters of Prince Alphonso, son of ex-Queen Isa- bella, have made overtures to Marshal Serrano, but withous success, THE BOURBONISTS TO PROPOUND & NEW PLAT- FORM. The Alphonsists, however, continue to be active and hopeful. A very liberal mauiesto has been drawn up and circulated among the members of the royal family to secure their support beiore its Publication, which is expected at un early day, Serrano Delays His March to the North, MADRID, Dec. 6, 1874. Marshal Serrano's departure for the Nortn has ‘keen postponed until next week. FRANCE. Party Tactics for the Promction of a Dissolntion of the Assemb!y—Electcral Indorsement of the Democratic Principle. Paris, Dec, 6, 1874. A meeting of the members of the Lett was held to-day, at which the expediency o/ immediately proposing the dissolution of the Assembly was discussed. The views of Ms Jules Favre, however, were adopted as the sense of the meeting. Tiey were to the effect that it would be best to permit the Giscussion of the constitutional bilis first and await the result, which was sure to be their de- feat. Then all the fractions of the Leit should ‘unite in a vote in favor of dissolution. THE DEMOCBATIO PRINCIPLE SUSTAINED BY THE ELECTORS OF PARIS, The second balloting for municipal councillors in those districts of Paris which fatied of an election fast Sunday were held to-day, and resuited in the return of three moderate republicans and two radicals. GERMANY, “Enperialist Effort for the Concentration of the Banking Interest. Brau, Dec, 6, 1874, ‘fhe Federal Council has accepted the principle of an imperial bank and eed to the conditions submitted by the government for the cession of the Bank of Prussia to the Empire. In order to put the proposals in @ suitable jorm for legisiative consideration, the supject has been referred to a committee, and itis expected final action will be sfeached next month. Prince Bismarck’ ersion of the Voting im the Vatic Council—Napoleon’s Downfall the Result of Jesuistical Dominancy. BERLIN, Dec. 6, 1874, Prince Busmarck in the course of his reply to ‘Herr Windhorst in the Reichstag, said:—‘‘I am in possession of conclusive evidence that the Keu- manical Council was cut short on account of the Franco-German war. The Council's ‘votes would bave been very different had the French been victorious, I know from the very best sources that Napoleon was dragged nto the war very much against hia will by -Jesaltical influences, He strove hard to resist these imfuences. At the eleventh hour he determined on peace andxept his resolu- tion bal{f an hour, Ultimately he was overpow- -ered by persons representing the Vatican.” ITALY. Rome, Dec. 6, 1874, The waters of the Tiber are rising, and an over- Mow is feared. THE LABOR QUESTION IN BRITAIN, Ship Joiners and Carpenters on Strike on the Clyde. i Lonpow, Dec. 6, 1874, The ship joiners and carpenters on the Ciyde shave resolved not to submit to a proposed redac- tion Of Wages, SDu those employea by Elder, Wingate, Henderson and Simuns have struck ‘work.’ ANOTHER OIL BIOT. ‘The Laying of ¢! Pipe from the Oil Sources im Pennsylvania Prevented by an Armed Mob—A Question for the Courts. PHILADELPHIA, Dec, 6, 1874, Aspecial despatch from Huntingdon, Pa., dated ‘last evening, gives the following particulars re- garding the attempt of the Columbia Conduit Company to lay an oil pipe beneath the track of the West Pennsylvania branch road at Powers’ Run:—Since the pipe was torn up on Friday, a force of 100 men under Colonel Creighton have “Deen encamped on the spot to prevent an attempt to relay the pipe. On Saturday evening, in obedience to instruc- ‘tions, nearly 600 machtuists, laborers and car ‘builders assembied at the depot in Altoona and started in a special train to reinforce their (riends at Powers’ Kun, The party are armed, some of them having military equipments obtained in Hol- Ndaysburg. Tne Oil Pipe Company is reported to be backed by the Baltimore and Ohio Railroad Company, who own the Pitisburg and Connellsville Railroad, and claims power to lay pipes from the oll regions into Alleghany county, under a speca- lative charter, which was carried through the Legislature several years ago. The Pennsylvania Ratiroad Company will not permit thelr tracks to be crossed or interfered with until the validity and powers of this charter have been defined by the courts, It is surmised that the reinforcements sent were intended to meet anexpected attack of the oil men on Sunday, ATTEMPTED MUBDER AND SUICIDE. Care May, N. J., Dec. 6, 1874, Thomas Walsh, Of Philadelphia, a furniture dealer, to-day Gred two shots at his wife, both of which took effect in her breast. He then shot himself below the heart. They were boarding at the American House, which is owned by Mrs. Walsh, Both persons still survive, but they are in a dangerous condition, Toe tragedy is attributed to domestic troubles, SUPPOSED INCENDIARY FIRE IN LOWELL, LOWELL, Mass., Dec. 6, 1874, ‘The Lowell Boller Works were nearly destroyea by fire this evening. The Ore is supposed to be the work of wn incendiary. The buildings con- sumed were not costly, but much vainabie ma- chinery was destroyed, ‘he loss 18 $10,000, and is wall nanred NEW YORK HERALD WASHINGTON. The President’s Recommenda- tions to Congress. SKETCH OF HIS MESSAGE. Resumption of Specie Payments at a Fixed Date. THE STATE TROUBLES Inflationists Preparing for the Battle of the Morrow. STARTLING ISSUES OF THE SESSION Wasuinaron, Dec. 6, 1874, Synopsis of the President’s Message— Foreign Relations—Specie Resump- tion, Free mking and an Ample Revenue Recommended—The Internal State Troubles. ‘The President's Message is not yet quite com- pleted, owing to a delay in receiving the report of the District of Columbia Commissioners, a refer- ence to which will be added to the Message to- morrow morning. Copies of the Message are being made to-day for Congress anc the preg. Although the President has shown the Message to no person other than the members of the Cabinet and the copyists, there 18 the best reason for believing it witl contain substantially the following points, founded on expressions of the President to in- timate friends since the Message was submitted to, and cordially indorsed by, the Cabinet on Fri- day last:— The President says that although he did not com- mence the preparation of his Message until a week ago yesterday some of the newspapers previously prognosticated ita contents, although he had con- sulted nobody as to what it should contain, There is no doubt the Message will state that our rela- tions with ail foreign Powers are friendly and Without disturbance, though there is an unsettied question with Venezuela which has not yet paid the awards of the Joilat Commission under the Convention of 1866, Congress, it will be recol- lected, strongly expressed its’ sense on tois subject in February, 187% The President, in his Message of last December, said there was reason to believe the hesitancy of that Republic in recognizing the claims sprang in part at least from real dimiculty in discharging tuem in connec- tion with its obligat.ons to other ¢overoments, and therefore the expediency of turther forbearance on the part of our government was believed to be worthy of the considerarion of Congress. OUR SPANISH RELATIONS, In addition to Venezuela we have unsettled questions with Spain growing out of the affair of the Virginius and other grievous transactions on tbe part of the Spanish authorities in con- nection with events in Cuba. The magnitude of the offences has not deen reduced since the President’s previous Message a year ago. As this unsettled condition of affairs in Cuda cannot long continue it may be- come necessary for other nations, with our own, to imterfere to terminate the insurrection which bas 80 long prevailed, the Spanish government bav- ing unsuccessfully attempted to suppress it. Mean- time the commerce of all countries and especially that of the United States suffers, the flags of the United States and England having been insulted. The President in conversation, although he does not state the fact in nia Message, says the United States purchase about eighty per cent of Cuban exports, and therefore the duties paid by American citizens comtribute ‘to this extent in helping Spam to continue the war against the insurgents. The President had hoped that by the meeting of Congress to-morrow the present negotiations with Spain would nave been ended; but in this he has been disappointed, He therefore says in his Message little or nothing about indemnity pending the ne- gotiations, but ata future time will present the Subject to the special consideration of Congress. ‘THR FINANCES. The position of the President on the financtal question is positive, as follows:—Notwithstanding the former speculations of those who spoke witb- out authority, he desires and will recommend the resumption of specie payments at the earliest practicable aay; but be does not believe this cat be reached as soon as the Ist of January, 1876. He Goes not name any day, leaving Congress to de- vise the means to secure this desired end, it being the duty of Congress to do 80. Tne legal tender clause of the Currency act shoala be repeaied, to take effect as to contracts made after the day to be fixed by law for its re- peal. Power should be given to the Secretary of the Treasury to obtain goid tronf and after the date fixed for the resumption of specie payments by the issuance of bonds. In addition to this the revenues of the government should be in excess of the expenditures, To support resumption greater economy should be practisea in all depart- ments of the government and, if neces ary, the Customs and Internal Revenue laws changed, in order to secure a larger amount of revenue. With the return of specie payments BANKING SHOULD BR FREE. The billholders should continue to be protected as at present under the Banking Jaw. Tnere should be no limitation to the volume of currency, the community itself should determine what amount is required tor business transactions, instead of leaving the Executive, Secretary of the Treasury and Congress to 1x the limit. It would be the duty of Congress, however, to make regulations regarding free banks of issue and to state the con- ditions on which they can be organized and transact business, the legislation to be in accordance with the new order of things, or, in other words, the resumption of specie payments, There should be no monopoly by fixing the amount of issue. The President will recommend that Congress do not?interfere with the present Currency act, passed during last session, unless to amend it so as to conform with a plan for tne resumption of specie payments, The President will make no Fecommendation on the subject of INTERNAL IMPROVEMENTS i by the general government, but will merely refer to the fact that Congress has already appointed a committee on transportation routes to the sea- board, which has aiready made ita report and will give farther information from more recent investi- gations. THE STATE TROUBLES, The President devotes much space to affairs in Arkansas, giving reasons why he declined to interfere in the recent diMculties in that State, and he adverts to the facts narrated in his special Message to Congress in February, 1873, relative to Louisiana, in which he said he had no specific recommendation to make on the suvject. But if there were any practical way of removing these difficulties by legislation then he earnestly re- quested that the question might be taken up at that session of Congress, He was extremely anxious to avoid any pretence of undue interference in State affairs, and, if Congress differed with him as to what ought to be done, he requested its im- mediate decision to that effect, otherwise he shoula teel obliged, as far as he could by the exercise of legitimate authority, to put an end to the anhappy controversy which disturbed the peace and pros- trated the business of Louisiana by the recogni- tion and support of that government which was recognized and upheld by the courts of the State. it seemed advisable he should state which course he should feel bound to pursue in reference to the matter, In the event of no action being taken by Congress at that time, but subject to any satis- factory arrangements that might be made by the parties to the controversy, and which, of all things, was the most desirable, is would be hw duty, so far a8 it | interest those that . Must, in my judgment, , MONDAY, DECEMBER 7, 1874.-WITH SUPPLEMENT. Might be necessary for him to act, to adhere to the government heretofore recognized by bim. The President again submits this question to Con- gress, and will continue to act as he has hereto- fore acted relative to the affaira of Louisiana, unless otherwise controlled by Congress. The President reiterates his confidence in the Indian peace policy. If aahered to, ne says it will Produce additional beneficial results, and ulti- mately free the frontier of Indian depredations. He alludes to the ctvil service reform, saying it bas been as closely adhered to as the opposi:ion maniiested agatnst it permitted. Its résuits have been beneficial, having elevated the capacity and tone of appointments in the several departments of the government; but it would be impossible to continue tne reform without the di- rect support of Congress, sanctioned by the people. The President alludes to the reportsof the heads of the several departments, which accompany the Message, and calls attention to their respective recommendations, He again recommends the passage of a law, eatablishing a court for the adjudication of claims of aliens against the government, @ bill for this purpose Baving been introduced by Judge Law- rence at the previous session of Congress, ‘The President does not allude to Utah aftairs, the subject being left open ‘or (ature consideracion. He cat's attention to the fact that Chinese immi- grants continue to be brought to this country, under the condition of slaves according to con- (ract, and also women, whose character {s such as to demoralize tne communities in which they are located. He invites legisiation on this subject, saying it will be Dis pleasure as well as duty to enforce any jaw on the subject FUTURE APPOINTMENTS. ‘The President, in jurtuer conversation, said he had tnree vacant District Judgesnips to fll, namely —in Alabama, Arkansas and Louisiana. it was probable he might be successful in selecting a suitable appointee for Alabama from tbat State,but 4s to the other States there was more diMculty and he might therefore be forced to appoint per- sons not now resident in them. As to Arkansas, those best fitted for the place were either in favor of tho Garland government or desire ita total overthrow. The Legal Tender Act—Its Proposed Re- peal—Western Inflationists Aroused— Mr. Kelley on His Financial Scheme of Gold Bonds. A report that the President and Secretary Bris- tow alter consultation had agreed to insert in the Message and in the Treasury report a strong and positive recommendation for tae repeal of the legal tender clause and the fixing of an early day for the resumption ot specie payments, bas aroused & good deal of feeling. Many Western members, of both parties, are determined to oppose such measures, and some Senators as well as Repre- sentatives, in conversation with Mr. Kelley to-day, declared themselves ready to aupport the three- sixty-five ipterconvertible bond project of Mr. Kelley which was upfavorably reported by the Com- mittee of Ways and Means last session. There is no doubt that, even without undue excitement or @ coalition of Weatern men of both parties, this scheme could pass the House in its present temper. Tne inflationists claim the elec- tions as strongly approving the! ind they return to Washington with decidedly greater aggressive courage than they had last session. They point to the fact that of the members of the Committee on Banking and Currency, those who favored in- fation, Huater of Indiana, Huobell of Michigan, Farweil of lilinois and Randall of Pennsylvania, Were re-elected, while of those favoring a reform of the currency, Phelps of New Jersey and Merriam of New York were beaten. Mitchell of Wisconsin, they assert, Would have been beaten if he had run, and Hawley, of Connecticut, and Niles, of Mississippi, where ube election occurs in the spring, may be beaten, Under these circumstances there is a disposition to make a vigorous and decided issue with the President if he shall recommend measures look- ing to contraction and specie resumption, and to ao this, even to the extent of forming a coalition of inflationtsts of both parties acting compactly together for this single end. low far this determination bas gone is shown in the letter of Mr. Kelley, given below. He writes in answer to a le‘ter from T. B. Buchanan, Secretary 01 the National Executive Committee of the Indianapolis inflation party, who wrote tc Mr. Kelley:—“‘any measure seeking to meet the de- mands of the people which does not abolish banks of issue, and which does not provide one currency, and that a (ull legal tender with the interconvert- ible feature, will not be satis/actory.” To this Mr, Kelley replied:— Wasnineton, D C., Dec. 6, 1874 T. B. Bucnanax, Esq., Indianapolis, Indiana. ms Dag Sin :—Yours of the first inst., covering the circu. lar of Nove! of the National Executive Commit. tee of the independent party, cume tome in Philadel- hia when I was too much iavo! in preparaiion ior home for the winter to bo able to acknowledge you very h for the expression of con: sideration contained in ‘our favor, Ihave con: throughout my life followed my conviction: | teas ot tog 2 ions, and never to © party when I saw the of — enforcin: them or , modifying proposed measures by the assertion of Hews, and 1am now too old to yield mi sense of the value of’ personal independence and selt- Fespect. For the present lowe a duty to the republican arty and will perform it so far as 1 can conscientiously. , however, the demands of the party shall trench upon the domaii of conscteuce or seli-respect, I shall found, at least in eo tar, in opposition to it A few da: will enlighten me on this subject. It the Message of t! Presit nt and the report of the Secretary ot the T ury to contain such propositions as wo are told they will with reference to the speedy tl resumption ot specie payments and the republican party accept them, { sliall in +0 tar co-operate with those who oppor such opposition lead me into what af- filiation it may. | I have carefully considered your pro- josed basis of unin, and may say that I have lon lieved and for some years enforced the docirine that it is the duty of the government to issue the money of the country and to prohivit the circulation of the nutes of corporations, whether State or national, and that the money so Issued shouid be a legal tender for all debts, puolic and private, including duties on imports, In these te agreed with my late distinguished collearue, Thaddeus Ntevens,so early as 1862, but having been in structed by the results of the issue of assignats based upon property, to whi-h the government had no teal tenure, and of Continental money, tor the tunding of which no provision was made, I have held that coinci dentally with the issue ot government meats should be provided for its tun iug in interest-bear- ing bonds, so that the government might be able to borrow from its owa people and distribute the taxes collecied irom them among them when paying the in- terest on its funded debt. Benjamin Franktin urged the Continental Cungress to make no new emission of Continental notes paver money but to borrow at an adequate rate of had ly ued and were not needed tor the ordinary exchanges ot the people. Had ce heen taken Continental money would not have depreciated and Its story woula not have be- come a delusion and a snare, as it now Is, to many honest and well-meaning people. Two classes of bonds should be issued by the govern- ment for the absorption of any excess of paper mone; that might be tssued—one long’bonds, with a fixed of interest, payable, principal and interest, in pa’ and theretore not likely to be reign investors; another. interconvertible at the option of the holder, which, for the reason that tt would be interconvertible, wouid be in the nature of a call ae ata lower rate Of interest, by th tedl a cent. With these two classes of loans open to the people there need be no apprehension as to the emission of an excessive volume of currency. for any excess that might be emit- ted would Srey lye! back upon the Treasury in the jurchase of one or the other of these classes of interest aring bonds, ‘This pertect scheme was open to us in 1862, But when the House of Representatives, yielding to the imperative, demand of the Senate, so amended the bill which it had assed as to provide that the bonds bear gold tn- reat and that the duties collected from customs shoud be in gold and be specifically pledged to the payment of Interest on the bonds, it became in part impracticable. I leve that we can now, consistently with good accept the ks in payment ot all bt duties, amount recovered in exces of & certain upon bonds that reen of the duties might be received in paper. ntertaining these views you will see how important it be to reduce our foreign gold in- debtedness, for antil we have done so we cannot estab- lish @ perfect and economical system of currency. ‘ihe ational banking system costs us from $16,000,000 to 100,000 gold annually, TT gg ghey 00 than $16,000,u00. 1 therefore agree nekeeeees to substirite greenbacks ik notes, aboiishing the office of Comp- Jurrency, and allow! banking. like every to be' conducted by individuals upon sibility. The government, haying is- the currency, would be responsible for it, and therefore would require no deposit of bonds to secure ir faith in ite ultimate redemption: and it isnot the ot government to so tar medile with the private business of the country a» to take security tor Moneys voluntarily deposited with banks or bankers, Each individual selects = ‘own depository and should m ie sum. do it upon bis own juagme: nd at his own responsibil- ity, against the proceeds of ree-sixty-five bonds. 1 showid like the proceeds of all the many ane loans we m: a for the benefit of the people, and this could be done in no betier man- ner than by redeeming gold bearing bonds with suc roc ; or if bonds were withheld from the market, or run up to specuiator®’ prices, to purchase gold, with which to call such bonds ‘Treasury Depart ment ts now from time to time doing to the profit of the syndicate of American and ‘foreign bankers. one tal tid memes clanet Gama enrey a ny year ol ve a fully employe fe wil see how steadily in Moaiance there in a8 eve jart ot our country whic! coupled “with secks investments, with three conditions:—l, security and saiety. right of immediate payment or payment apecificd ee trom the date of demands. 3 A Fate of interest lower than current rai In the Market of the neighborhood, but which, in conjunction with ey i) safety and the ability to call for che tunds when needed for use, is r Intercon. munerative, vertible bona would meet all these conditions, and Would soon absorb the nundreds of millions which during recent years have iin on deposit with banke, Dancers and savings banks, too mane of which have been without capital, and have "sed the dep for romotion of reckless etia. in disregard of | hire condikon—to wit af avaniute atetv. Hara. tavored or accepted by | = ¢ be a saving of $20,000,000 oF $30,0W,00 goId | ‘de applied. with the other resources of tae ernment, to the redemption of gold-besriag bonds now he.d by foreigners. Iu this way we may turn the balance of trade in our tavor and retain the bullion pro- duced irom our own miu id come natursily to ihe part of our currency, | ible suffering that forced contractiun, mmptio:, 1s how imposing on te mei ert of the com: ed bly yection jeveloping providing diversified mand youtas. I am, as y n intense proecuionist and an examination of my wring will show you that my claim is that we need protection a tie effect of lower wages, lower rates of interest, ana accumulations of capital which ir owners to bear a losson thelr produc- uch a period as may be required to destroy the rising indusiries of unceveloped countries in the assured faith that having thus destroyed competing enterprises they cam reimburse themselves by the inher prices | they may deman! when their monopoly of the market shail be re-estabilshed. So far as oar plan would reduce the rate of interest it as you sugest, diminish the scale uf protection -y to the development of our counry, and, in my Judsment, woul! algo ao something toward ‘abating the ‘dteparity of availa pital; butit would not enable us hout # just scale of protective duties, ages and cheap money of ng and, um and Germany. at risk of weary ing you vy the length of this, permit me, in this connection, to say that the American peupie are nol in ® position to discuss the tariff question as a new or original one. Many of the duties of which complaint is now made are not protective of the capital of tne manu- facturer or the wages of his emploves, hut of thy In ternal revenues of the government, ani he who would aboiish such dutles must prepare tor increased in- t for ite men, worne: ternal taxation to supply the revenue lost by their repeal. Let me giva you an illustration ortwo, ‘the farmer of the West, by putting his i ese: some er cent of the costof trans- ortation to the seabourd. The tax on pure alcohol is 1 30 a gallon, many of our duties are sted to that tax on alcohol; +o thatat it were repealed and the duty reduced to the lowest stancard of revenue tariff, simultaneously the maunutacturer would stuud just where he does now as to toreign competition, but the farmer would have his American market tor tho gicohol thus consumed. Ag illustrations of this truth I would chlorotorm, Collodion aid tan- nico acd, which are alcoholic prepara- tions, ant quinine, which though not an a.cohoiic reparation, requires a waste of from seventeen to wenty, cents of spirit tax in the producti ot wasw beiween the figures I have si. lepending upon the quality of the bark fro wh h the drag ty Produced. Free traders discuss the taruif’ question as hough it were an abstract question cor the world. It is not olitan question. itis. a national question and & question of details and adapt tion, We tain a navy to protect our com- mercial wealth and enterprise ‘upon the ocean; an army to pro‘ect the people of and the tariff should be the means of protecting the Javorer in bis right to empioyment, and the peopie to ihe de’ ot the country the frontier, ad by cipte: elopmens of macy and the tne ‘resources of such richly endowed countries as Turkey, tudia, Portugal and ireland. But What I'meant to be a brief letter has run in'o whet! fear you will regard as an essay. Pray pardon ity length and believe me to ve. dear sir, very trisy yours, WiLLIAM D, KELLEY, Mr. Kelley openly says he ts determined to break, not only with the President, but witn the repuu- lican party On this issue, if 1t be necessary, In- flationists this evening fatter themselves that they can even pass Kelley’s project in the Senate, and it is possible that the financial question may come up sooner and in more decided form than was expected. A Majority of the Congressmen at the Capital. A majority of the members of both houses of Congress are already here. Many arrived to-day, and others will reach Washington to-morrow morning. The Coming Official Reception of the Hawatian King. An officer of the army or navy, the President states, will look alter tue comiort of the King of the Hawaiian Islands and suite during their sojourn in Washington. They will be located at @ hotel, the government paying the expenses. The President will entertain the King at a state dinner tn addition to the courtesies to be ex- tended to him by the Secretary of State. This will be the first visit of a King to Washington. The Work of Congress Before Christmas. Besides the Civil Rights bill the House will Probabiy pass only a few of the minor appropria- tion bulls before the Christmas recess. THE NAVY. ts of trade prevent the WASHINGTON, Dec. 6, 1874. The annual report of the secretary of the Navy has been submitted to the President. It shows the navy to be in a remarkably eMcient condition both as regards the number 61 vessels, their armament and sea-going qualities. A digest of the report is as lollowa:— One year ago the navy consisted of 165 vessels of all classes, armed with 1,269 guns, exclusive of howitsers. that time there have been added w iteight new Ds, tWo torpedo vessels and one despatch boat, it has been dimimsned by ihe sale of (wo wooden eveven light draught iron versets, leaving as the present number 163 vessels, with 1.246 KoLy (he arma- ment having been shghtly increased by the increase in the number of guns on the new ships. O1 this whole number twenty-six have sail power only, and of these four are to be placed at the disposal ot state and local auihorities as schoo! of training ships under the direc- tion of the act ot Congress providing tor such disposi- tion; seven are in use only aa receiving ships; two are ine-of-battle ships, which have been on the stocks jor many years, and eight are of the old type and in vad condition and can be used only for barracks or station- ary school ships, leaving five which can be put to prac- ‘al use at sea as storesMips, transports or surveyiag t vessels, OUR STEAM NAVY consists of 137 vessels ot all classes and every condition. O; this number 25 are tugy used with one or two excep- tions for yard purposes, 37 are armored vessels and 2 e torpedo boats, leaving 73 m vessels orig.nally of class adapted for crussil hese are classified at aE Lio Ws — nieteas Veal. Guns, Tons, First rate. . 5 138 15,163 oo (57,523, + 6 ai 3, 183, sels, 902 guns (including how- nu 94,89 tons, The Secretary, it Fre tfa has given epectal at- tention to Diacing the irvn-ciad vesse navy in @ condition jor active and edicient service, The report says:— Of the tron-clads, or armorial class, and in a condition for actual and euicient service: four others, of the class of pows uble-turre te: monitors, are aciuaily at hand undergomngprepairs, anda futh is weil worth the same aitention; but the remainder may be counted as really useless for | any active ana efficient purpose. Four of the largest of them, designed and commenced during the war, have | never been launched, a sist, only of their | Ht ir incomplete | plating and hinery store the Navy Yards, | though their names and designed dimensions appeat on | the navy list, and the remaining twelve of the class known as lightaraught monitors, not able to carry ineir turret, guns and munitions’ of war. ‘They ure | valuable omy a material, Of the seveuty-ihree STEAM CRUISING VESSELS, five of over 2,000 tons each have remained on the stocks since the war, never having been iaunched, and | are nocestimated to be worth tor our purposes the cost of | completion, seven are condemped and laid np in ordi. nary as Unfit for further use; three others with con- demned machinery, and forty-one are in commission for various duty. U1 the remaining seventeen, upon which take the piace of the cruising and are put | up ready | Is, sixteen are of a 2 & FS ig z ‘3 Se 5S = 2 e 8. : 3 5, 2 2 in a , prudently diminished, but if it 18 to be maintained there must be a gradual and constant addition tothe navy to supply the places of those which are each year found to be worn out and unit for further service, and for this for tonnage shol'd be bi Mount may be small but it should ve | 2 5 3 Hy 3 » | every year. a constant and untatling. ‘To this end the Department has accumulated a mount of VE OAK TIMBER in the navy yards, where it will improve in condition and be available as the verv best material for the trames of any sitmay be necessary or desirable to buil ‘The rapid and almost complete disappearance ot th most valuable ship timber from our suores, large ‘ae tities being sent abroad, should arrest the attention of Congress, and measures should be taken to secure what Dp Me tl rowth of centuries, and once lost will neve! . During the year no change has been made in the num- ber or designation of the cruising stations, which com- prise six separate commands, THE NAVAL DRILL. The Secretary gives the following account of the great naval drill off the coast of Fiorida:— The affair of ‘he Virginius having occasioned the com- centration of @ naval force of our armored and un- armored ships of war in the waters né the Cuban coast much more considerable than had been assembled at any time since the civil war, and the disturbed reia- tions that brought these ships together having been happily compoved, the opportunity was seized to instruct the feet im those naval man@avres so assiduously prsepees every year py the great naval Powers and 40 igbly valued by all naval men as a preparation for war. | The officer in command, K Admiral A. L. Case, was therefore instructed to take his unarmored ships sea and to pertorm tor ® month in the ee wertan Moree actscal agatema of toe new soho bose: fase ines ing the ty fe Dew signal-book. just then Compiled under the direenon of the Bureau of Navigas ton, In the whole wor! agreeable instructions of the deparument were and carried out in detail with much skill by Rear Admiral ‘ase and his officers, and wancu- large force were executed durit day, with great profit to the icting @ ast number of officers ractice of duties hi theory. The leet returned to Key West ear! and the monitors were then instructed in the same ma- ‘separate force. Kear Admiral Case and in devoted ‘hein- to the patent scientific in- officers and men of the vessels in practical gunnery and in the use of torpedoes, that new ani werful entof naval war still inper- Jectly known and needing much careful eapeciipent by the ships that are to use them in battle. The instruc- tions to Rear Admiral Case also called for caretul exer- cise in landing utes ta tee of a and irom the mmanding officers under him 1 weeks 2: ‘sz > 3 unger of the Franklin, iD excellent ord mishers. The brig e aalv 8 cr under the seitiai Naval Acad f the retuily trained during battaior and Geld vacterics ‘at Annapolis may always be reiied on as efticient oops should i be necessary to diseinbark (hem for land ser- At the beginning of April the tactical exercises an ractice with guns and Lorped having been delecat | ce was dispersed. the 1 squadron remaiuin, Gull or Mexico, while hips returned | > in Europe or | A er Usual : Merced, Lo resu duties in sup- Fr. of the interests of our counwy aud in protecung commerce. be important (rus: committed to Rear Admiral Case | w flied with bis accustomed Zea! aad abil a ina manner highly satistacwry to the meat, ‘he department bas ais) much satisted wita the pro ifs given of the success of our X Academy and Torpedo 8hoot in tm arcing . cers the varied tramiug wow become esseutial te acco. | plished seamen. PUBLIC MARINE SCHOOLS. Under the act ot June 2, 1874, to encourage th Ushment ot public marine sctiools applicauon been made by the Governor of the state of r and by the Governor ot the state of Caufornia to huve furnished for those state: CUVe\yY & Veusel dicated ot Con, erred to, the sariing sloop-or-Wwar ed tor the Stu e of own for the Sta.e of Caitor- eat of their class in the navy Dia. sels are ti and are well adaped tor training snips They will be turned over the state authorines, wits all their spars, sails, boats, rigginm chains, anchors, battery and artic'es of general equip: Ment, with the exception of sea stures and ammunition. A commanding otic r or superintendent has deen de- tal.eu lor euch. also an execu ive olticer as an assistant for the 3c Mary’s. ‘The naval service wiil be subjected to a considerabie expense in preparing Less vessels tor this service, tor which provision siuuld be made by Congress. ‘Ine Secretary calls attention to the importance ofthe Hyarograpmic Office anu recommends tuat it receive trum Congress such support as may place it on @ 100'ing with the most important of such institutions abroad, and enapie it to turnisit to our aval und commercial marine the charts, books and information required in the naviga ton of the waters 0. tue globe, lie thinks special atten- tou snouid be given to surveys of the North Pacific Ocean, which ts in @ great measure con- siuered au American ocean. For the prosecution Ol the surveys airesdy commenced there, ne rec- ommends that the appropriation be aliowed in ac- cordance with the estimsies submitied by the Bureau of Navigation, the secretary ai.udes to the report concernin, the navy yards to be made by the Seuute Naval Commictee, rene vs the recommendations made to previous annual reports in reiereuce to tie Davy Yarus, und urges the propriety of mncreasing and weveoping their resources. The attention of Congress 18 Called to THK USE OF TORPEDOES as @ means Of naval warfare which 1s at this time commauaing the aviention of the scientitic world. ‘Two torpedo boats, the lutrepid aud Alarm, bave been compieted, but not in season jor tue ex- vended irtal necessary to fully develop ail their ca- Pabilities, The geuersl proiessional opinion of tne Davy 18 Chat the Gifeusive t-rpedo cao also ve most effectualy Operated irom swiit, inexpeusive, uo- armored Vessels, some of which will escape the hostiie guns, owing their saiery to smail Bize and rapid manceuvripg, ‘Lhe pecretary concindes his report as follows: — In conclusion I am glad to be abie to report the fight- ing force of our navy in good and etlective condi:ion. During the lust two years the wholt tleet ot our single turreed monitors has been vhorouguly overh wed and r ud, their sidey raised up, their roiten w aiid decks replaced by iron aud their turrets nery put in complete order, ¥o that they are Miclent Co Weir uitost capacity and reudy to xo to rt e at any time, as soon as crews can be on board a These, with the tor and mgood order, make @ flect of sixteen iron-clads, powerful tor any naval purpose which dues not require long voyages or ureat speed, Two powertul jron torpedo ve-sels have aiso been completed and are reudy tor service iuily equipped with this most powerful weapon 6f modern wariare. Four of our poweriul doubie-turveted moni ors, viz.— the Jerror, Miantouonoh, Monadnock and Amphittice,by tar the most sor: le Vewse.s ever in oUF Navy, are also now in bund undergoing repairs, ana the piails are also beimg matured tor the repair of the Puritan, he onl one of our efficient iron-clads which remains untouched. ‘ihe eight new sloops specially. t horized, and built en: tirely of live oak or iron, are about eady to be add Our cruising WAYS, aNd seven Uiher Of oUF vesels n been or ave being thuroughly repaired with like dui material and supp ied wiih new improved machinery, | he died, so as tobe in all respects equal to new ships ot their cl fe shall thus have addeu by the year fiieen new and aciive ships to our cruising navy to take the places oi those vessels which are Worn out and must ve reheved. Most of ou ful wooden ships of the first ciass were also dition at the time of our threatened difheuitics of iast yeur, and are now in commis ion or in ordinary, ready for unmet service whec needed. ‘lus all that there fe of our navy either is or will shortly bein the best state possible for vessels of thelr respective classes, and alt will continue to be effective tor service exeent those of our cruis.rs, which, built hastily of green witite oak, are now rapidly reacaing the limits of thetr sea lite and sre one by one fallin of active duty, to be laid up or sold Waried by the oak ships, the department has new wooden ships should be built aud sive repairs made of live 6 purpose, and for the iuture nece secured and accuinuls te invauabie, but rapidly disappearing, variou, Davy yards, where it wil be properly cared for, And seasoued for use as occasion may require. This sia emeni ceriainly shows our navy to-day in a. better condition of effective and permanent sueugth than it has been for years, and when we udderstand years " ago none o new ironclads, except the Dictator and Were fit for auy service whatever; ang that me we huve, in addigon to putting in re- fficen hve oak cruising ships, and carried o1 je necessary repairs to manuin the navy atiout, that at the me there wasscarcely & stick of live oak timber in the government yards Where now in watered an adequate supply | of this most vaiuable aud improving material; when we remember that ic fas been possible under the direction of our skilled and practical ofticers so to utilize the liberality of Congress, that. this has been accomp ished out of the comparatively small por- Hou of the naval appropriation walch If ls possible to devowe to the actual building and equipment of ship: we are justified in teeing some pride in the prospec! that the American navy will be able in tne suture, asin the past, to contribute its tair proportion to the strength, resources and dignity of ® powerful though a peacetul nation. THE JAY COOKE ESTATE. Report of the Trustee—A Discouraging Outlook—The Assets Unsalable. PHILADELPHIA, Dec, 6, 1 Mr. Edward M. Lewis, trustee in oan! roptcy im the case of Jay Cooke & Co, alter many months’ preparation, has at last presented to Mr. Cooke’s creditors his report. He firat proceeds, in this document, to enumerate the railroad stocks, bonds, houses, building lots aud “iands in general” turned over to him for the benefit of the creditors. The out of the line the ‘error, during that pilr, practicaily buiit. mm also th Es pt a in eighty-four boate—the tending “5 made under ft | cover of the guns of four of the all 6 fleet, withio easy Tause of the shore, placed ha tance was landad houses mentioned in the catalogue are all heavily mortgaged, and the actual valuations of the “lands” here, there and everywhere are so covered with encumbrances that they can be locked upon as almost if not entirely swallowed up. Taking the trustees’ report for all it amounts to all the houses, estates, lands, &e., of the firm seem to have been pledged years ago for borrowed money, and the ouly recourse the creditors have ts to accept tne Northern Pacific bonds, upon worch the man- agers of the bankrupt estate have fixed a vaiua- tion which they know to be “fancy,” and ior which they also know said bonds can never be sold in the market. Mr. Jay Cooke’s princely residence in Germantown (Ogantz by name), Which cost over $1,500,000 to construct, decorate and adurn, is offered for sale at the price ‘of $600,000, but to the critical condition of the times finds no The immense hotel at Put-in Bay has also been precipitated upon the market; but only $35. has been bid jor tt, its jurniture and surroundings, the offer has been declined. ‘Ihe managers oi the ruined estate can evidently fod no purchasers jor anytoing they Offer for saie, aud are compeiled to state the prospective value Only of every hing they repre- sent, The most astonishing revelation of the ri port is vhe small capital upon woica the firm con- ducted business. ‘The protits derived from other people's money was divided among themselves. and upon the firm’s coliapse the creditors were leit destitute. Jay Cuvoxe, McCulloch & Co., of London, at first represented claims inst the American house of Jay Cooke & Uo., for $607,000, on which tne iatter had an offset of $500,000, leaving a in London house of about $97,000, But, accoraing to the official re- port, subsequent claims have been presented by this London house, which entirely swallow up tne $500,000 due to tne American house and a great many thousands more. The foreign and American houses war by letters and numbers, instead of the names of the interested parties, so that even now the relations of the different houses are perfectly unintelligible to any but themselve: explaining them indisputabiy beiore courts ol law in any way that will best advance tnew interests, After the London house has made its auexpected claim, the Secretary of tue Navy puts in another, according to the report, equally a8 unexpected and almost as great, #0 that it seems av if there we: conspiracy to 1m- meaiately swaliow up all t! Vatlaole assets, and leave the army of patient, expectant creditors out in the cold. The never have deen written; it giv fo satisiaction, It 18 Weak, Vague and visionary, and the creditors areno more acquainted with their chances of securing their accounts than they were before it was penned. Briefly, it endeavors 10 stave of everything until, wearied by wating and disappointment, the creditors will accept lor pay the miserabie lands of the Nortnern Pacific Rail- way. indeed, one of the lawyers of the former house of Jay Cooke & Ov, has already stated in public that if the claima preferred against the Individual members of the firm are proven there whl be aioe anything lef tor the creditors, Regarding the present report for what it 1s worth, one learns that for many years betore their failure tue firm of Jay Cooke & Wo, Were speculating upon other people's money, were dividing the profits among themselves and were yearly giving enormous amounts of money to their Wives and children, RORRIBLE MURDER OF A MINER, SCRANTON, Dec. 6, 1874. This morning, between three and four o'clock, 100 feet deep tn the outskirts of Soranton. There Wasa verrivie gaan across the crown of bis pi oue of tw legs was broken, and tis body was literally covered with wounus, He was able te talk wheo found, und said that he bad been kicked along tne road like @ [oot ball, and them flung over the precipice, He was carried home, and after ivgering 1n great agony uatil 6 o’cloce He did not give tae names of nis my. ers. Just above ine embankment toere e traces of @ flerce struggie, and great clots of blood | Were scuttered alony the road, An inquest was hed betors Alderman Jones this a‘ternoon, and Join and James Bastow have been arrested on susptciou of aaving com- Ditted the murder, Several stains of biov€ Were found on the pantaovns worn by Johm Bastion, The inquest wil be resumed to-mor- roow afternoon, whea it is expected a bain 3 Phase of social ie will be revealed, The murdet has caused a proionnd sensation here, this veim the second Sunday morning murder commit ‘Within the past thiee weeks ia Cais city, LOUISIANA TROUBLES. New Onieans, Dec. 6, 187% - The radicals to-day are jubilant an@ boast thee they will have General Emory removed within tem days, alleging that tne State was lost owing te his action in stopping Major Merrill irom making arrests upon his own aMdavit. The conserva- tives, om the other band, ciaim that Emory nas assisted the radicals by sending s company of troops, under commana of Captain McGinnis, Thir- teenth infantry, to (uve Marine Hospital on election das, when there was no necessity for it, FALSE CHARGES AGAINST GENERAL EMORY, Emory, in garrisoning the Marine Hospital, took precautionary measures any prudent commander Would have taken, a8 it had been reported to him tnac the White Leaguers had secreted arms in the hospital, with the view of taking them out and capturing certain polis, Troops were placed there beiore daylignt and were under cover. When Emory learved that the report, evidently made by tle radicals to invite conflict, Was salse instead a: removing McG.nute? Company to tne Custom House in daylight, proba- bly aggravating tie turbuieut elemeat aod ving the whites ground for charging that they had bvem intimidated, he ke t them unaer Cover all day and withdrew them quletly at uigut. ‘nese are facts never before puviished. EMORY’S MISTAKE, T have since my arrival in tuis city watched Bm- ory closely and juil to find be has committed a singie error in the interest of etther party, unless it be hia action in smirking the responsibility of putting Major Merri under arrest when he had Violated (he orders of the War Departmeat. Tae army ofMicers bere agree that Emory’s only mide take Was iu Dot bringing Merril before a court martial and Eat IGG the responsibility upon the court instead of the War Departament. Admiral dullaney, fortunately, has not beem Bu jected to such anuoyances as lias Emory, whose dipomaey in the delicate situation presented certatuly deserves the recognition of an Ludo peudent correspondent, even if lt gives offence to carpet-baggers and White Leaguers, who find thas he cannot ue used by them, VIOLENCE AHEAD, All parties expect trounle early this week; bus mdignation will only be direcied against the Re- turning Bourd. Myon impression 1s that there Will be no violence until the Legislature meets, when @ bioody cunflict may be expected, if, the wilt of the people as shown in tne vote, pubuciy coun'ed at tne pulls an’ known everywhere, ts de- teated by @ partisan Legislature or convenient Re- vurning Board. An Offer Will be Received for Twe TEN. CYLINDER HOX ROTARY PRESSES; WILI B& SOLD Low. ‘Tis NE RK HERALD, A.—For » First Class Dress or Business BAT go direct to the manufacturer, ESPENSCHEID, US Nassau street. A.—Life Preservers, Brook’s Cork Sole BOUTS AND SHOES, recommended by all physicians. Largest assortment Boots and shoes in the city. 1196 Broadway, corner Twenty-ninth street. A Cheap Luxury.—Torrrey’ Patent WEATHER STRIPS; cod ughts avoided; tuel saved, E. 8. & J. TORREY, 166 Fulton streey A.—Bargains in Fine Furs, Carrisge and sleigh Robesin variety. BURKE, Manufacturer, ‘ 214 broadway, Park Bank Bulaing. All Gentlemen Desirous of Procuring » clegant SEAL CAPS and GLOVES should make pur- KNOX'S, No. oadwa avenue H ils stock of FANOY FURS ts of Avenue Hotel siore. Matchless excetlonce. A Pure and Delicious Smoking BACCO is SURBRUG’S GOLDEN SCEPIRK; Depot, 151 Fulton street, For Immediate Relief of Coughs aad Colds use the popular remedy, PORTER'S BALSAM. Graecfenberg Vegetable Pills, Graeten- BERG MARSHALLS CATHOLICON, sold by druggists eve ere, Erasinus Homer, M. D., of New York city, ‘Atter more than 30 years’ practice asa a iysician, 1 have come to the conclusion that the raetenberg medicines are most effecuve. Their PILLS and CATHOLICO\ | wish te make especial mention of The CATHOLICON is the greatest blessing to womem ever discovered. GRAEFENBERG COMPANY, 55 Reade street. Get m Bottle of Wistar’s Balsam of WILD CHERRY. You may need it t sudien cough 9 cold, Ble, and $1 a vottle; large botties much cheaper. Hojer & Graham, Wire Sign Makers. Sign, ‘Store and Office Painters. 97 Duane street. Royal Havana Lottery. Extraordina: faethe, To the extraordinary Drawing which will take To- try tt ¢ place on the 16th day of December. 1374, there will ay a 16,00 Tickets, numbered trom | to 16,000, with 4.097 & Prizes, and the amount drawn will be $1,200.00), ‘The prizes in this drawing wiil be as foliows:— lot. - $500, 008 lot 10),000 lof. 50,008 Zor 5 4 of $1),0 0 each 40,008 Wot $5.0each. 0. 6.00 469 of $5) euch 234,500 1,6u9 other prizes, amounting to.. 175,508 2.007 prizes, amount drawn... 1 203,008 ALL THE PRIZES ABOVE AWN A? THIS DRAWING. Price in currency, whole tickets, $10); halves, $50; Quarters, $25; fiths, $20; tenths, $lu; twentleths, $5 TO PXEVENT LOSS BY MALL, remit KEGlof. RED LEITER, * Post Office Money Oraer,” Dratts on New York City Banks, or by Express. are propared fill orders. N. B,—beware of counterfeit tickets. AYLUK & CO., Bankers, 1 Wall street, New York (late of 16 Wall. Post Office address. box 4,44. They Tell Hard Stories of the Metal truss dealers. There 1s no excuse for selling antiquated spring trusses now the comloriable KLASTIC i RUSS, 633 Broadway, so soon permanently cures Rupture. OLOPSDLIA OF fH4 BEST THOUGHTS OF A ries Dickens, compiled by F. G. De Fontain ‘one of the most valuanle books of the vear; indispe’ able Loevery lover of the great author; 563 pages; ls Yoiumes in One: price, K. J. HALE & SON, 17 Murray street, New York. “OBSERVATIONS ON DISEASES OF WOMEN.” by Dr. Spreng, late member New York Acad 4 ota oatled foe ten os an! TH. ‘est Twenty secon 1 stre ie pamphiet should be read by every lady.” —Medi~ cal Keview. RIGHTS DISEASE, DIABETES, GRAVEL, UAL cull, Gout, Rheumatism, Dyspepsia, Disease of the Liver, Kidneys Bladaer, Prostaie Uland, Premature Prostfation, Urganic Deotlity aud Uhronic Affections din- curable by ‘general practitioners). A sixty paze Lana, ainphies, explaining, their successful, treat nent, by Nature's ‘pecitic, Bethesda Mineral Spring Water. an. Dr. A. HAWLBY 'HKATH, the aucaor, iree to any ad~ Gress. Letters trom physicians and others ot hopeless. cuses Cured sent. Depot and reception rooms, No. 28 Broadway, New York. JP 200 want To Lavog read the ARCADIAN. Contents. ‘aricaturist Caricatured,” portrait, “Talmage and His Umbrella,” maeith portrait “‘frothy’ and ‘Trinculo’ Bebina the Scenes at the ‘lack Crook.’ ” ~The Transit of Venus.” ‘ave Field and the Reporter.” ra eet een jacbeth,” jortra Price 10 cents, at the news sands, of at 8 Naswm street, New York. ANHOOD—20TH BDITION. A TREATISE OW e Laws Governing Life, Explanatory of the nd Srnec wie Instructions for ths success tment of Weakness, Low Spirite, Dpepondeass, ryeus Exhaustion, Muscular Debility and Prematu: Dechue in Mavbood, PRICE ® CsNts. Address the author, Dr. 6. ng ¥. 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