The New York Herald Newspaper, January 1, 1875, Page 4

_ Broadway. * make one great blunder. They should pre- 4 4 NEW YORK HERALD, SRIDAY, JANUARY 1, 1875, NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR THE DAILY HERALD, published every day in the year. Four cents per copy. An- ‘gual subscription price $12, NOTICE TO SUBSCRIBERS.—On and after January 1, 1875, the daily and weekly ‘editions of the New York Henatp will be ‘gent free of postage. * All business or news letters and telegraphic ‘despatches must be addressed New York Hxparp. Rejected communications will not be re turned. Letters and packages should be properly sealed. LONDON OFFICE OF THE NEW YORK ' HERALD—NO. 46 FLEET STREET. {Bubscriptions and Advertisements will be “received and forwarded on the same terms as in New York. ‘aaa ty GRAND OPERA HOUSE, “Twenty-third street and Eighth avenue.—THE BLACK CROOK, at 5 P.M.; closes at P.M. Matinee at 1:30 eM. TONY PASTOR'S OPERA HOUSE, Bowery.—VARIETY, at 6 P.M. ; closes at 10:45 P.M. Mat- dnee at2 P. M. PARK THEATRE. Broadway, between Twenty-first and Twenty-second streets—GILDED AGH, at SP. M.- closes at 10:30 P. M Mr. John 1, Raymond. Matinee at 22. M. OLYMPIC THEATRE, No. €24 Broadway.—VARIBTY, at 8 P. M.; closes at 10 45 P.M. Matinee at2 P.M, e A BOOTH’S THEATRE. corner of Twenty-third street and Sixth avenue.— LIITLE EW'LY, at8 P. closes at 10:50 P.M. Mr. Bowe. Matinee at 1:30 P. NEW YORK STADT THEATRE, Bowery.—LA .ELLE HELENE, at 5 P. M.; closes at 1930 P.M, Lina Mayr. ACADEMY OF MUSIC, Irving place.—AIDA, ats P.M. Mule. Alice Maresi, Miss Annie Louise Cary. ROMAN HIPPODROME, ‘Twenty-sixth street and Fourth avenue.—BLUE REARD and FETE AT PEKIN, alternoon and evening, atzandé TIVOLI THEATRE, Eighth street. —VARIETY, at 8 P. M.; closes at Il P. M. FIFTH AVENUE THEATRE. Twenty-eighth street and Broadway.—PYGMALION | AND GALATEA, at8 P. M.; closes at 10:30P.M, Miss ‘Carlotta Leciercq. Matinee at 1:30 P. M, BRYANT’S OPERA HOUSE, Tne Year 1875 in the United States. | nately, no question as to the general scivens,¥ | could be well more idle and impertinent than tions of what will take place during the new year. We leave that sort of prophecy to the sanguine party journals which never hesitaté to assure their readers of resplendent political victories. Yet it is impossible for the affairs of the year to go on without some foresight, or attempts to exercise foresight, on the part of business men, who must pay the penalty of mistakes in ugly entries in their ledgers under the hevd of profit and loss. This necessity of | trying to estimate the future by business men and projectors of great enterprises may, per- haps, justity us in suggesting such consider- ations as we think worth weighing by the community at the entrance of a new year. We will begin by calling attention to a topic which is peculiarly appropriate to an anniversary occasion and fitted to awaken the kind of sentiment in which anniversary cel- ebrations have their root. During the year on which we now enter aciive preparations will be made for the great Centennial Exposi- tion at Philadelphia in 1876, and its success and éclat depend on what is done during the | present year, We confidently predict that it wilt answee the expectations of its most san- guine friends, and we think ita public duty to express this opinion for their encourage- | ment, In venturing on such a prediction we must vindicate our credit for good sense by declaring that our judgment does aot rest on | the flash and buncombe which have thus far | | been the staple of appeal in favor of the Cen- | tennial Exposition. The proposed Centennial | can be a distinguished success only as an | | international exhibition, and nothing could | ' be more supremely foolish than to expect that | foreigners can be attracted hither to glorify | our democrat institutions and admire the | flight of the American eagle. Forcigners care | nothing tor this shallow, frothy stuff The | grounds on which we predict the success of the Centennial Exposition are the evident in- | terests of those European nations whose pros- | perity depends on their foreign trade. The | | | United Siates are the most extensive market of every such nation, and all foreign producers | of goods tor exportation have a deeper interest | | in the American market than in any other. This is the motive which will make the Cen- | tennial a great success, There is no country | in which a world’s fair or international ex- The French have a proverb that “it is the | Of our banks or the safety ott unexpected that always happens,” and nothing an offer to entertain the public with predic- | might speak words of encouragement, but aking their notes in payment, They are at a discount as compared with gold, but there is no hesitancy as to the perfect safety of receiving them in all business transactions, The revival of business is not obstructed by any necessity of creating a new circulatitig medium to meet the wants of commerce. If our ordinary cur- rency is not good it is not owing to the in- solvency or tottering credit of the banks that issue it, but only to the fact that it is below par in gold. It has tolerable steadiness of value, as is proved by the tact that the price of gold has fluctuated within very small limite during the past year. It is so abundant that larze quantities of it lie idle in the banks. It is certain, therefore, that the revival ot busi- ness cannot be obstructed by the inability of people in good credit to obtain ample pecuni- ary accommodation irom the banks. There is nothing in our monetary condition to prevent the gradual recuperation which always follows in the second year aiter a great | panic in countries where the banks which turnish the currency do not go down in the storm. The industries which supply cloth- | ing, implements and ordinary articles of con- | sumption sre certain to improve, because such things wear out, and the enforced economy of the past year creates a necessity for new pur- | chases. The same argument applies to our vast system of railroads. While they have been curtailing expenses their tracks and roll- ing stock have been wearing out, and the ne- cessity of replacing them will revive the de- pressed iron industry, one of the most im- | portant in the country. By a similar line of | reasoning it would be easy to demonstrate | that all branches of production must be called into increased activity during the | present year, and that the country may fairly expect consideruble relief from the stagnation of the year which has just closed. There are several other topics on which we space fails, and we will conclude by wishing, in a hopeful, but not too sanguine spirit, a Happy New Year to all the depressed indus- tries of the country. The Pacific Mail Investigation. The testimony before the committee yester- day developed no new clew and brought out | no faeis which throw important light on the means adopted to obtain the subsidy. There | was a'great deal of confirmatory evidence re- lating to false entries in the books of the com- position has yet been held which at all com- | pares with the United States asa market for | | the productions of foreign industry. The | | trade statistics of England, to be sure, exhibit | | far heavier importations than ours; but | | her imports consist, to a great extent, | of raw materials for her manutactures, which | are re-exported after being wrought up, and | | not so largely as ours of articles for domestic | | consumption. As the United States are the | | most extensive and valuable of ail markets for the exporting nations they have a deep inter- | addition to the evidence of the preceding pany and irregular transactions, and one wit- ness strengthens the link which connects Mr.' Schumaker with the expenditure of money in Washington. Mr. John Elliott, ot the house | of Riggs & Co., the Washington bankers, who have a branch in New York, testified to one of the checks being sent back to him from Washington to ascer‘ain whether it was good, and stated .that the transaction be- | longed to the Washington house. This is an | day that the large sum of money which Mr. West Twenty-third street, near Sixth avenue.—NEGRO | est in studying it with a view to regulate their | g.humaker handled in May, 1872, when MINSTRELSY, & closes at 10 P.M, Dau Bryant Matine: tS P.M: zs METROPOLITAN MUSEUM OF ART Fourteenth street.—Open trom 10 A. M. to 5 P. M, NIBLO's, Broadway.—JACK AND JILL, at 8 P. M.; P.M. Matinee at2P. M. closes at 10:45 BROOKLYN THEATRE, ‘Washington street.—LEAH, at: P. M. Mr. Frank Roach, Mra, Comway. SAN FRANCISCO MINSTRELS Broadway, corner of Twenty ninth stree.—NEGRO MINSTRELSY, at 8 P.M; closes at 10 P.M, Matinee at 2P.M. Ros Sixteenth .street—BEGONE DULL CARE, at 8 P. M.; | Closes a1 9:45 P.M. Mr. Maccabe. GLOBE THEATRE, | VARIETY, at 8P. M.; closes at 10:30 P, M. | BROOKLYN PARK THEATRE, KING JOHN, at 8 P.M. Mrs. Agnes Booth, J. B. Booth. | Matinee at2 V. M. | Broadway. Maunce at2 LYCEUM THEATRE. Fourteenth street and Sixth avenue.—MADAME L'ARCHIDUC, at 8 P. M.; closes at 10:45 P.M. Miss Emily Soldene. Matinee at 1 30 P. M. WALLACK’S THEATRE, Brosaway.—THE SHAUGHRAUN, at SP. M.; W40P.M. Mr. Boucicault WOOD'S MUSEUM, corner of Thirtletn street—MIRIAM’S M.; closes at 4:45 P.M. AYTER DARK, | at 1045 P.M. J, H. Tinson closes at CRIME, a) acer. M; METROPOLITAN THEATRE, | M.; closes at 10:30 | | | | | P.M. Matinee a NEW YORK, FRIDAY, JANUARY 1 From our reports this morning the probaly are that the weather to-day will be cold and clear. | SON HALL, | industries, and the Centennial Exposition will | afford them a great opportunity. The full ex- | hibition of every variety of American pro- ducts will enable them to estimate both the | tastes of our people and the progress of the | | industrial arts in this country and to judge | | between the products in which we are likely ' to supply ourselves and those for which we | | shall ior some years depend on foreign ' sources. This kind of intormation will be | | invaluable to foreigners who seek to turn our | market to the best advantage. The Centen- | | nial Exposition will also give them an oppor- | tunity to introduce to the attention of the | American public all the new foreign products the Subsidy bill was pending in Congress, was used in Washington. | The fact that Mr. Schumaker was | not heard from yesterday and _ that | nobody is able to learn where he is deepens the unfavorable impression produced by the evidence of Tuesday. It is the gen- eral sense of. the community that if Mr. | Schumaker is innocent he should hasten to_ vindicate his character before the committee, | or at least let it be known- where he can be found, Reporters of the Brooklyn papers made diligent attempts yesterday to ascertain where he is lurking, but with no better suc- cess than attended the efforts of the Hrerap } | tial) relations between a lawyerand his clicnts, | proved by the acquiesconce of Serrano and it will be proper to, consider how far that ex- | the action of the Captain General of Madrid, },cuse is valid, But it is a point which we will | Primo de Rivera, who telegraphed to the no ¢ discuss, unless it arises in a practical | Governors that ‘all the towns have responded fora, by Mr. Schumaker's refusal to testify | enthusiastically to the proclamation of Al- and & ‘fending his contumacy on that ground. | fonso."’ It is too arly to assume that he will refuse to | So the Republic of Castelar passes away answer if, brought before the committee. If | and the Pretorians once more rule Spain. It he shows tht that large sum of money was | is, perhaps, the best thing that could have employed im\\Washington for legitimate uses | happened that unfortunate land. The everybody will ongratulate him on the excul- | military will, at least, rule the country, and pation which seem % 80 necessary for the pro- | there is uow a prospect that the campaign | against the throne, The outcome of their | left open with the gates wide ajar. | government. ' theories and the fitness of their leaders for | government. ‘who had made | tunity. | cause would have been assured. But neither for which they seek to create or extend a market. | reporter on the preceding day. It is incred- The last of these greet expositions, that at | injo that Mn Schumaker should not haye Vienna, was o/ trivial importance ascompared heard the nature of Tuesday's testimony some | to that which we are preparing, if judged by | time during the day yesterday, and the fact the relative value of the Austrian and Ameri- | that he neither appeared nor telegraphed and | fall of the Republic by making it ridicu- caumarkets to the exporiing industry of the world. We trust we preserve our character | for sense and sobriety in predicting a great | success for the Centennial Exposition, and that none of his friends in Brooklyn can tell where he is is at least odd and suspicious, The circumstances against him look strong | on their face, but it is possible that he | mies, From the moment when Isabella fled | tions, because, for this year at least, it will encouraging the preparations which will be might explain them satisfactorily if he wer one of the chief topics of popular interest in 3 : 4 x | aa is to freely testify before the committee. this country during the year 1875. ; It is clearly in proof, both from | The prediction which we venture to make the company’s books and the _ testi- | of a considerable revival of business pros- | mony of Irwin, that the company expended perity during the year seems to us to rest on | money in Washington to procure the passage grounds equally solid. We, of course, ex- ofthe subsidy. It is true in fact, though it pect nothing from the measures of Congress. has not yet appeared in the investigatign, Whether the Senate Finance bill passes or | that Schumaker spent much of his time in fails in the House is of no consequence with | Washington during that session, and was reference to the business of the year. It reputed by everybody who then hung about cannot have any effect on business caleula- the Capitol as a lobbyist. The privilege of the flcor accorded to ex-members by the courtesy of the House increased his facilities, be practically inoperative. Even if, under its free banking feature, there should be | if that was his real employment in Washing- Barry New Yzar to ail! Wax, Srnzet Yesterpay.— Stocks were | firmer. Gold advanced to 1123. Foreign ex- | change was steady. strong. Goop Day to Mayor Wickham. Good night to Comptroller Green. Bonds generally were | | Tar Aswouncemenr that we are to celebrate | the battle of Lexington on the 19th of April shows that we are at last in the range ot Revo- lutionary centennials. Mr. Twexp continues his efforts to obtain | his release from prison by process of law, and ‘we cannot but admire the skill with which his case is pressed. At the same time his lawyers face an application tor mercy by announcing that their client had returned to the city the ] money he stole from its treasury. Think | what an eloquent speech David Dudley Field could make in presenting this fact to the an increase of the bank note circu- | fon at that time. It is now proved that lation, there would be a corresponding | while the subsidy was pending in Congress, withdrawal of greenbacks, and the volume of and while Mr. Schumaker was in Washington the currency and the condition of the money | in the reputed character of a lobbyist, he merket would remain substantially un- | handled a large sum of money belc ig to changed. But the free banking clause is the Pacific Mail Company, which moncy was quite certain to be adend letter during the expended in Washington. He is bound to | present year. By the existing law there is an | explain for what purpose that enormous sum unused permission to increase the bank circu- | was employed. Why did he use it in Wash- lation by several millions, and the experience | ington? What other occasion had the com- of the year just closed shows a greater dis- | pany for employing o large amount of position in the national banks to retire a part | money in Washington at that time of their notes than on the part of projectors to | than that which the company’s books establish new banks. The same causes will and Irwin’s testimony disclose? It is said by operate during 1875, and it will be found at | some of Mr. Schumaker's Brooklyn friends the end of the year that there has been less | that he was mercly the counsel of the com- éxpansion of bank notes than is authorized by | pany. But in that capacity there seems no the law as it now stands. The business of the reason why he should be furnished with any year will not be affected by the passage or the | other money than his own fees. Clicuts who | failure to pass the finance bill now pending in | seek legal assistance are not in the habit of Congress. | putting into the hands of their counsel any Assuming, then, that there is to be no ma- | money beyond a handsome. retaining fee. | cers are scattered through the regiments, but ‘not consider 1t was guilty of a crime. Tf, | tection of his good ‘ame. A Spanteh atevolution, “The King proceeds tox*pain immediately.’ In these few words the atiled Isabella, ex- Queen of the Spaniards, sun's up fersely the errors, the blunders and the cr.imes that have robbed Spain of the glorieus destiny that seemed opening before. her. If eloquent words und grand’ aspira-. tions could secure for a country prosperity and glory then Spaiz would have enjoyed all the blessings that flow from peace and liberty. Only a few years have passed since Isabella, the mother of the new King, fled in dismay from the vengeance of the people whom her reign dishonored. The army and the navy of Spain, from defend- ers of the throne, suddenly rose up to be defenders of the people, the champions of freedom. Abandoning the old time preju- dices of the military caste the generals and ad- mirals set themselves in front of a movement to give freer and more liberal institutions to their country. Such, at least, was the pretext upon which they called their soldiers to arms work is known. Frightened by the power they had called into life the military caste sought refuge from popular power under a foreign Prince. That experiment cost its chief advocate his life, and the bullets which killed Prim tore away the corner stone which was to have supported the throne of Amadeus, The pride of the Spanish people revolted at the sight of a foreign master, and at length Amadeus, taking counsel with prudence, fled to Por- tugal to escape the fate of Maximilian, which he felt was impending over him. If this flight was not in keeping with the chivalry which we associate with adventurer kings it at least had the merit of wisdom. Not alone was Spain relieved irom the dan- ger of a civil war, but the road to liberty was Never did a people have a grander opportu- nity to secure the benefits of popular govern- ment without being called upon to make the sacrifices which are the price ‘commonly paid to escape from thw inherited evils of mis- Then came the opportunity | of the republican party, for which they had so long labored, prayed and fought. It was the moment to test the soundness of their It is with regret we must that the band of brilliant men. the Republic possible in Spain proved unequal to the oppor- | By a most unlooked-for acci- dent the government of the country was thrown into their hands. Had they acted firmly and logically the success of their declare Pi y Margall nor Castelar showed that adaptability to government which had been hoped from them. Pi y Margall | proved a more dangerous enemy to the Re- public than any of the reactionary leaders | could have been. He clogged the wheels of government from a foolish vanity to play the | part of dictator, and first prepared the down- lous. It is painful to think that even the brilliant Castelar, whose splendid oratory more than aught else nursed the seed of re- publicanism in Spain, handed over the nurse- ling Republic to the care of its, bitterest ene- | from Madrid the sympathies of the army have been divided between Alfonso and Don Carlos. Some few republican offi- | the immense majority have always been in | favor of Queen Isabella's son. It was notori- | ous that these men were busy hatching con- | spiracies in favor of the exiled Prince. He | represented the supremacy of the military caste and im being true to him, the military felt they were true to themselves. In conspiring to overthrow the ideal republic of Pi y Margall, with its | impossible ideas of government, the army did | The | and soldiers who supported them sought to serve Spain—their | Spain, themselvyos—for in their own estimation they are ‘good Spaniards’’ par ex- cellence. While communistic dreamers talked | of dividing Spain into independent com- munes and disbanding thé army, the soldiers were conspiring to save the nation and the army. That was all. Andin view of the incom- petence shown by the republican leaders in all | matters pertaining to government, much jus- tification can be found. Had Castelar had the courage of his convictions and acted logically on the principles he taught the Re- public might have been established perma- nently. But he was a ‘Spaniard before a republican,’’ and when he saw the threatening progress of Carlism in the North he endeavored to weid men of all shades of lib- officers Spain, and what with the aid of the trusty against Carlism will be seriously carried on. The civil war, which the Alfonsists encour- aged in order to embarrass the Republic, has grown to such dimensions that it will tax the Tesources of the new government to suppress it. The effort will, however, be loyally made for the first time since the struggle began. The new Ministry includes the names of many liberal men and seems formed of elements cal- culated to reassure the moderate liberals, In a few days the new King will have arrived in bayonets waiting to receive him and the Papal blessing which he has dutifully asked for, it will be strange if he does not succeed in establishing himself securely on the throne—at least till the next revolutionary wave'comes along and sweeps himself and his throne over the: froutiers. The New Governor and Mayor—Tlhe First Step in Reform. To-day Samuel J. Tilden and William H. Wickham will be installed in office, the one as Governor of the State and the other-as Mayor of the city ot New York. Both are democrats inthe best acceptation of the word; demo- erats from their faith in. the fundamental principles of that old and honorable party, and not because accident or interest has thrown them into affiliation with the organ- ization, Mr, Tilden’s demoeracy was learned in the-school of Van Buren, Wright and | Marcy. Mr. Wickham, a younger man, has grown up in reverence of the example afforded by the lives.of those pure and ear- nest statesmen. Neither of them are mere machine politicians. When the leaders of | their party proved unfaithful to public trusts and false to the principles they professed our new Governor and our new Mayor fought side by side against a spurious democracy and labored to cleanse their own politi- cal household. ‘Their triumph to-day is the merited reward of their fidelity then. They have lived to restore their party to honor and to power; to elevate it once more to the head of the leading state and city of the Union, and to place it on the high road to success in the nation. While they have se- cured these advantages to the political organ- ization to which they are attached they have bestowed upon the people of New York the benefit of harmonious State and municipal | governments; for the Governor and the Mayor are happily now in accord. Their principles and their objects are the same. They have no conflicting interests to study— no clashing ends to promote. Standing side by side on the sound democratic platform of | “home rule’’ the object of each will be to | strengthen the hands and invigorate the ad- ministration of the other. Mr. Tilden succeeds a Governor who has filled his office acceptably, and he may not | find so ample a field for reform as_ will spread out before Mayor Wickham. The great advantage he will enjoy over his | predecessor will be his freedom from such | party obligations as would necessitate an un- | due intermeddling with the government of the metropolis. Governor Tilden will seek to | rule the State in an honorable and becoming manner, and, standing on democratic prin- ciple, will leave to Mayor Wickham the en- tire control of the affairs of the city. Thus the mischievous political provision in the charter of 1873, which compelled Governor Dix to act as a republican check on the late Mayor, will be ignored by Governor Tilden, | or, rather, will be interpreted by him as re- | quiring his approval of any removals of | ; assuredly must be by Governor Tilden, not until then, Mr. Wickbam will be in Ma,"or of the city of New York, and can his m tention to the reforfn of the other partme.uts. We may then look for streets, 42 honest and efficient police, a repu- table fire «'epartment, a. useful dock depart. ment and of’er improvements, and may even begin to hope.°F revived business and rapid transit, Enterps,ise will live again when con- fidence is renewed,,.80d confidence will be re- newed as soon as the, 2¢W Mayor and the new Governor give us finwm ial reform ani relief from stagnation by the’stemoval of Comptrol- ler Green. Waorver Mayor Wicxnasn may appoint as ~ Comptroller will be a man ven? careful than Mr, Green of the people's money, . because possessed of greater capacity’ and mre fair- ness and truthfulness. Mayor Wiekh:vm in- tends to guard the’ city treasury effeci‘ually from dishonest claims, and Governor Ti'¢en has full. confidence'in bis.ability todo so, Rapid Transit. : The new year opens with vbrightianticipae tions. So tar as our city iss concerned few years have opened with moreyradiant hopes than those which surround 1875. A new pasty takes posgeasion of the State. and the city. The Mayor is a gentleman. whoareprovents the * confidence of the people. Hei has a: great duty and a still greater egportiunity. Shel- tered by the principle of home .rmle embedied in the platform of the Democratic Conven- tion his judgment is free inall matters con- cerning the administration of thetcity. His duty is to shape our legislation, .in,eonnection with the Governor, so as to compel? the adop- tion of o plan of rapid transit. Thiscan be accomplished by the concerted ferowof a re- sistloss public opinion. We know wkatipublio opinion can do when itis fully aroused. A few speculators, a few lobbyists, a few schewers in legislation who own railway franchises,.a few obstructionists, who care nothing forthe -wdl- fare of the city, but only their own gain,.may oppose rapid transit or seek to embarrass.any legislation in favor of it. Public opiaiom is resolved that this policy of stifling New York must come to an end. Whoever secures rapid transit would achieve as great a fame as: the wise men who gave us the Erie Canal, the Croton water or the Central Park. Tae Haprrest New YEAR the new Mayor cam give the people of New York will be a yeaw free from the financial quackery of Andrew H- Green before two weeks of the twelve months.- are over. Kino Kataxava and suite arrived at New Haven yesterdsy and received a right royal: welcome. His Majesty went through the or deal of long addresses, was feted to his heart's content and made a very enjoyable acquaint~ ance with Yankee land. He then proceeded to New Bedford. Tue Present Crry Desz, including a» much of the floating debt as the city will be: compelled to pay, reaches from one hundred and sixty-five to one hundred and seventy million dollars. This is the best calculation: that can be made from Comptroller Green's! unreliable figures. It is over fifteon per cent on all the real and personal property liable to taxation in the city of New York. Besides: this a tax of three per cent is levied to pay the year’s expense of the city government without paying any of the debt. Thus all the property in the ,city is mortgaged to the amount of eighteen percent. This is what Green’s financial skill has brought us to in | three years. Can Mayor Wickham rid us of such a financier too soon ? Tur Commrrrers or THE Sours.—The com- mittees of Congress in the South are plunged into the investigation of the unhappy troubles that mark the recent history of Louisiana’ and Mississippig In to-day’s Heraup will be found interesting evidence of the | character and purpose of the White League by its commander, General Ogden. The tes- timony appears to be very tull and candid. In the Vicksburg riot investigation nothing ici fficers that b arded by | as % Hfayor Wickham aa nooceaary to. tho intereis | 2°™ has Deen elicited by the committe box of ris city. Amore ample field for reform, | yond the statement that only fifteen, in Place pe havbientd; spreads out before our naw of one hundred and fifty, blacks were killed. Governor TiLpen 1s inaugurated at Albany Mayor. He succeeds an incongruous, inef- ficient and disreputable administration. | to-day as Governor of the State of New York. For two years the city offices have | Mayor Wickham is inaugurated to-day as mainly been partitioned among incapable | Mayor of the city of New York. Governor men on personal considerations in disregard | ‘Tilden will govern the State in his own way— of the interests and wishes of the people. | that is “home rule” for the State. Mayor The consequences have been violations.of Wickham will govern the city in his own law in almost all the municipal departments | way—that is “home rule” for the city. Mayor and corruptions in many. Above all, the | Wickham would not presume to dictate to public finances have been managed by an | Governor Tilden what policy he ought to overbearing and cunning charlatan, who bas | pursue, what appointments he ought to make, managed to usurp functions not pertaining to or what removals he should avoid. Governor his office and to bring the city to the verge of ‘Tilden would not violate democratic principle bankruptcy; for no property can long stand | by attempting to interfere with Mayor Wick-- @ constantly increasing debt that represents | jam's management of the city government, to-day a tax of fifteen per cent on all the real and pacts estate of the city, joined to an| PERSONAL INTELLIGENCE, annual taxation for the ordinary expenses ot VI. the government amounting to three per cent | (Oa vate BTA Ce more, All these evils, Mayos, Wickham is | Adearabiyiacs Warner Miller, of Herkimer, N. Y., called upon to remove, and if he desires to | jg stopping at the Gilsey House. make his administration a success he must set | Ex-Governer William Ligier, of Pennsylvania, earnestly about the work the moment the | {s residing at the St. Nicholas Hotel A ‘ ‘ Senator William Windom, of Minnesota, has potatoe hg ee OS ee apartmenis as the Flith Avenue Hotel. properly dispensed. Commander B.., Taylor, United States Navys tm The firat duty of the Mayor will be to re- | quartwred at the Metropolitan Hotel, model the finance department and to place | Licutenant George E. lle, Untted States Navy,., in the Comptroller's office a financier of Lis among obe latest arrtvais at te Hoffman House eral opinion into one party to combat the re- actionary element in the North. With this end the military power of the country was | intrusted to the hands of men whose affection | Mr. Green hasbeen removed. Trickery, de- | for the cause of Alfonso was notorious. These ogni i i i | General James 1. Doualdson, United. Stasam bee ee aerate Seed yes | army, arrived in this city yesterday and 1s.at whe’ ple must know their actual financial condi- | jin Avenue Hotel. tion at once, and this they cannot Know until | My, Haxter, a Providence artist, has produged some parntinga Which an enthusiast Bossom, eritic cow 3 to Corot’a work. Generai W. B, Hazea has presented to thp Cim- ception and falsehood have marked nis official | terial alteration in the volume of the currency, | as a result of litigation or for other cause, | men and their friends had fanned the flame of | course from his first financial statement in | aimnatt Listorical Society & large numer of Indian if ‘ gand cast » stigma upon Mayor Wickham’ s ad- Court. Think also ot the feeling that would | 9, what do we found our expectation of a | they have occasion to pay heavy sums they do Carlisim in the hope of making the Republic | 1871 down to the fraudulent estimate for the j.1:o. collected by hima. in the ‘i m thereby be produced in favor of tue release of quiet, progressive improvement of business? | it Ly tlc.r own checks on their own bankers. | impossible, Sent against the enemy, they be- | interest account imposed upon the Board of | some Asay Neva bbe: adhee v6.i0e, Ge we i a rd ¢ j bby : | ks 3 % . bi 101 . M | ‘an old man from prison. We do not object | It rests on the uniform experience of the The puiting of two hundred and seventy-five | trayed their trust and rendered all the efforts | Apportionment last June, ive eee Rave tio tauner’s conmeHoN of Asiatic antiquities. %o mercy to Tweed, but we should not begin ‘with mercy. Justice to New York demands ‘What he first return to its treasury the money stolen trom it. » Tam Asszntion made by the Comptroller's ciaries that Governor Tilden ‘‘is pledged save Green at all hazards” is an insult to Governor. It impkes that for personal he would falsicy his democratic prin- ples on the threshold of his official life, modern world in relation to comiercial pan- ics in countries of great enterprise and natural resources. An exception is, indeed, to be made in those instances in which commercial convulsions have been attended with « tensive explosions of rotten or insolvent banks. In sach cases business does not easily recover, because a great vacuum is created in circulat- ing mediums without any immediate source of a new supply. If half the banks of the coun- try had failed in the late panic and their notes ministration at its initiation. Governor Tilden | had been discredited and taken out of circula- the importance of leaving Mayor | tion, as happened with the “wild-cat” banks in sole control of the city govern- and has confidence that the Mayor fully the confidence reposed in him by the people who have chosen him their chief officer. {tein ia not our condition. of the West in 1837, a revival of busi- ness would ‘be postponed the be created to fill vacunm, for a long period, and until a new currency could But Thore is. fortu- thousand. dollars in the hands of a legal ‘ adviser would be most extraordinary under any circumstances, but when so large an amount is intrueted to a man acting at the time as a lobbyist by a company whose books show the obj tor which they incurred expenses in Washington, and when the date of ro unusual a transaction coincides with the pending of the Subsidy bill, the facts are too | suggestive and inculpatory for a man who | values his character to lose any time in facing and explaining them. | If Mr. Schumaker does not appear volun- | | tarily before the committee they are certain | to summon him and compel his attendance if they can find him. It he should then refuse to answer all questions which the committee ) ‘. ; 5 e! | Le of the government to suppress the Carlist in- | satisfactory retorm in the other departments | OT"! 1° oe onartres, youuer brother of the surrection abortive. Under the pretence of lending all their energy to the work of pacify- ing the North they were admitted to power, intrusted with high command. Their gratitude was not long in showing itself, and the arms that should have been used to overthrow re- bellion in the North were used for the estab- lishment of a military dictatorship which wos always meant as the precursor the restoration of the Prince of the Astu- rias. The new revolution is but the crown- ing of the work in which the army has been engaged since Amadeus fled. In all proba- | bility Serrano was a party to the mutiny of | General Carapos, which was simply a sign to the rest of the conspirators that the supreme put to him. pleading in excuse the copfidgn- |,momant for action had errived Thia ia | Groen pas bean made aad approved. a8 it | anyvody. to | | of the city government until the finance de- | (on. ae paris, uas jusi beon giving a house partment has been purified and placed under | worming im his tagmdoent hotel in the Rue Jean- | the control of some such citizen as John J. | Ganon. sseadaunav be seve eaxetaba (oi ‘ pan >, Fabbri, W. | The Fiance Dep: b Cinéo,: SESS Mi ; - rs ri s | making out the bill of costs for the formosa war Seymour, GeorgeS. Forrest, John T. Agnew, | oot it appears that $10,000,000 have been exe | Edward Cooper, Abel Dennison, or some one | yenaed. | of a similar standing. Any one of these names | 4 portratt of General Thomas, by Miss Ransom, would command the confidence and the | 1s onexmbition at Wasiimgton. it is a spiried esteem of the people and improve | W° k, lu. of character and very creditable to the ‘ ; F artist. the yoni credits or, while bebo! It is rumored that Colonel Chapman, who 1s city bonds may find a market, the public | prominent in Brookiva art circles, will sell N18 cole credit suffers severcly from Mr. Green's | lectuon in the spring, He goes My ae 10 COM wretched policy. No one will trust the city | sequence of hia wite's delicate health, ear or do Wek he Ra city on advantageous terms If the thiei Who stole one of Washington's rogn 0 long as he sits at ne head of the finance from the starue in the Capitol Park in Washing- 8 ton will come w New York he may steal the whole department. When the romoval of Mr. | of jincoln in tion amare without regrets (tom