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ELISA See te C0 ERI Nat as ab Me eda Danie a ‘We are no nearer 4 sound cur- | NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR NOTICE TO SUBSCRIBERS.—On and- aiter Jenuary 1, 1875, the daily and weekly | editions of the New York Hxnaup will be _ sent free of postage. THE DAILY HERALD, published every day in the year. Four cents per copy. An- nual subscription price #12. All business or news lctters and telegraphic | despatches must be addressed Naw Yorx Henatp. - Rejected communications will not be re- turned, Letters and packages should be properly sealed, Ariens LONDON OFFICE OF THE NEW YORK HERALD—NO. 46 FLEET STREET. PARIS OFFICE—RUE SCRIBE. ubseriptions and advertisements will be received spd forwarded on the same terms as in New York. ————— ES ooeNO, 154 AMUSEMENTS TMS APTERNOON AND EVENING. NTRAL PARK GARDEN. THEODORE faowas? CONCERT, at SP. M. LYCE| oie murteenth street, near >t —LA FILLE DE RaBANE ANGUS, ats Py x Miss Soldene. METROPULITAN THEATRE, No. 386 Brondway.—VAMIETY, at 8. SAN FRANCISCO MINSTRE! im tgrner Ce awen' ninth, sigeet—-NZGRO NoTHELSY, ater, loses at 10 P. Wal K'S THEATRE, way,—IHi DONOVANS, at 5 P.M. ; closes #t20:40 Messrs. Uarrigan aud Hart F M. BOWERY OPERA Hose, os aad Bowery.—VARIETY, at 8 P. closes at 10:45 ROBIN: oo _ HALL, teen: Mikorek atse. WOOD'S MUSEUM, ft Thirtieth tL—SHERIDAN & | it i aey i ald have | PRS Geeky vate ty COMBINATION, at 8 Peay don 3 (at; Hoeaey Sick ed | closes at 10:45 7. M. Matince atz P.M. shown good temper and a patriotic and un- ATRE comt THE. UE, Ko, Sl4 Brosdway-—BUPALO BILL, ats P, M.; closes at 10:45 F. METROPOLATAN MUSEUM OF ART, West Fourteenth street—Open from 104. M.to5 P. M. HEATRE, proutypy euros Ns TQACIPORNTA MINSTRELS, vIC THEATRE, Pout Bronway.—' oubric TBF ai SP. pt. ; closes at 10.45 BOO?H’S THEATRE, mer sof of Swenprepis street and Sixth avenoe.— a4 atll P.M. Miss Clara heal He Matinee a te 380 P. GILMORE’S SUMMER GARDE: ite. Barnum's s Hippodrome. OURAND POPULAR CON- ERT, at 8 P. M.; closes at ll P.M. Ladies’ matinee at 2 PTH AVENUE THEATRE, Broadway. —ThE BIG BO- Sati 3) F. RIPLE SHEET. NEW YORK, THURSDAY. JUNE 3, 1875. From our reports this morning the probabilities sre that the weather to-day will be cool and tloudy, with occasional rain. | Sitedlpecncipaesecinpsnee at | Wau Srezet Yesterpay.—Stocks strong in | tke morning, feverish and fluctuating in the later dealings. Gold strong, 116} and 116. | Wrst Porvr.—The annual examinatior of | the cadets now enlists publicattention. Gen- eral Batler has been around putting the beys ap toa point or two, especially in siege bat- | con aE ALIMENT. el } Tae Asrenicany Revivatists, Moody and Bankey, are as popular as ever in London. Crowds attend their religious séances in spite | of the newspapers, and other crowds go away | reluctantly, unable to obtain admission. Tux Usvat Story.—An insurgent captain has been captured bya Spanish general in Cuba, and he promises to make the most im- portant revelations, and the rebels have re- | tired beyond the trocha. We may hear of | them in the vicinity of Havana next week. Mixx. Trersexs, when she comes to this tountry in the fall under the direction of Mr. Btrakosch, wili be accompanied on her oper- atic tour by Mille. Beloeca the Russian prima flonna, Brignoli, Trebelli-Bettini, and the pther leading members of Mapleson’s com- | pany. Tae Corrox Crop of this year in the South- | ern States is generally favorable, notwitb- standing the exceptionally inclement seasop. Louisiana reports an increase in acreage of four per cent, Mississippi of three per cent and Arkansas the sxme. Texas shows still more satisfactory returns and Alabarma is also encouraging. Poor, downtrodden Sonth Carolina is the lowest on the list. The won- | derful resources of the South can bring that section back to its normal state of pienitado and prosperity if needless government inter- ference be omitted. Lanon Srurres have their reprehensible as well as their commendable features, In this country they generally resolve themselves into a mere problem of the exact relations be- tween capital and Jabor, amicably and logi- eaily considered. But in England it is other- | wise, Ono of those significant Hyde Park mass meetings has taken place to sym- pathize with certain workmen who were im- | prisoned for no overt act against the peace, | but for arguing with their fellow craftsmen | against the right of continuing work on re- dncod wages. This isa serious enbject in London, and arrests on its account are likely to prove extremely dangerous. A Srxcvran Tn is recorded as being | made by an American schooner on her way from the tropical regions of Contral America | to this port. First of all the captain, who took the vessel from New York to the southern lati- tades, refused to be responsible for the return trip. His successor, after taking the schoonor ® short distunce from shore, reconsidered his intention of returning to the metropolis, and went back in a small boat. A iew days after the crew thought that they should like to visit land, and thoy icft the boatswain alone in | charge of the schooner. Finally, the vessel reached Pinar del Rio in tow of a fishing agi Opera—GIROFLE | | will have to devise measures to relieve in- (aera aa Re a ce a aS A “NEW YORK HERALD, THURSDAY, JUNE 8, 1875.—-THKIPLH SHEET, | Adviee Gratis to Presidential Candi- dates. General Grant's letter of resignation, as it may without impropriety be called, has one good and very important effect upon American polities—it deprives them, for the next year's | | canvass, of their purely personal drift. While | | the President was universally believed to be | | determined on his own renomination the re- | publican leaders were busy only in thinking of how to deteat him in the nominating con- | vention, and the democratic leaders thought only of what candidate could most surcly defeat him before the people. The moment General Grant steps down and out, resigns his pretensions, as he has just done, that | moment he leaves the people and the politi- cians at tiberty to plan a broader policy, to select candidates not alone for their capacity to beat Grant, and to look to the general | interests of the country, where heretofore | | their sole study necessarily was to save it from | | the calamity of a “third term;” from being | saddied and ridden for another four years by an over-ambitious, ignorant and unscrupulous man, whose administration of affairs in the last six years has brought general distress upon the country and disrepute upon the party which chose him, and which is held responsi- ble tor his mismanagement. It is not too much to say, therefore, that in writing his letter General Grant has per- formed one of the most important public ser- vices of bis life. If he has done it in a chur- i lish as well as disingenuous spirit we are in- clined to blame for that less himself than the | boon companions and intimates who make up his kitchen cabinet, and who naturally oppose | every act which militates against a’ third ‘term. ‘Tho President may be wearied of | | office; the statesmen in his Cabinet may be thoroughly satisfied that he onght not to ran | for another term of office; but the kitchen | | aud back sfairs members of the administra- | | tion are sure to disapprove anything which will force them to step down and ont. If, in- | stead ot taking their advice, General Grant had sough: that of his best and truest friends if, for instance, he had not merely read the | good counsel which the Hxnarp has showered upon him, but had sensibly acted upon it, he | would long ago have given public notice that | | he sought no third term, and he would have | | selfish desire for the public good. Itis buta | | melancholy satisfaction to us to think that the | longer General Grant lives the more clearly | he will see that one of his most grievous errors | in the Presidency has been that he failed to act | upon the good advice which the Hznratp lib- | | erally and patiently gave him. The letter of resignation is so important a political event that it has forced the leaders | of both parties to begin recasti#g their policy | | and troublesome. Every needless tax or duty | tration are remedied; until a sound cur- | and artisans are once more allowed to labor | timid and time serving politicians will have | for 1876. Fortunately for tho country it has come in time to allow the wisest statesmen on | both sides to survey the field and consider | | maturely what the condition of the country | demands. They have a task before them | which calls for all the wisdom in their posses- | sion. At the close of the war the party in | powe er had the South to reconstruct; but the | | men who are to be chosen in 1876. will have | the whole country to reconstruct. The next | | President will have more varied and more im- | portant interests to manage and evils to rem- | edy than any President since Washington. | In the South it will be his duty by wise and prompt firmness to discourage the wicked | men of both parties. The federal influence, | | honestly and judiciously used, has there to bring to the front as federal office-holders | | the best and wisest men of those long dis- | tracted communities, which can no longer, as | every one now sees, be ruled by the brute force | of federal soldicrs and federal enforcement | | acts. “hat reformation of parties which is slowly preparing in the Southern States and | which, by finally breaking the color line, will | give peace and good government to the South- ern States, needs but little, except federal non- interyention, to help it; but that little is ex- tremely important. It consists in the selec- | tion of honest, capable and moderate men to | fill the federal offices and to replace the vile | | and dishonest politicians who, for the most | part, have been General Grant’s favorites in | the South. | In the country at large the next President dustry of burdens under which it has sunk to | the lowest level during General Grant's ad- | ministration. Irredeemable paper money, | extravagance and corruption among office- holders, a tariff which has prevented the re- } vival of our foreign trade aud disabled us | from selling our surplus manufactured prod- | ucts abroad—these causes have demoralized | American industry and caused a prolonged stagnation in business which seems hopeless, apprehensions for the future, in spite of a | succession of good crops. Wherever one looks he sces only laborers ott of work, mer- | chants out of business, shopkeepers in dis- | treas, mechanics seeking employment, mauu- factarers vainly looking for a market for their | goods, farmers erying out against exorbitant freight charges, which would not troublethem | if tho universal depression and stagnation in | | business did pot so greatly narrow their mar- kets. There is general conviction among the people that we cannot longer go on as we have beea going on since General Grant came into power. The mass of the people are usually contented when industry is fairly rewarded, and when they are relieved of the pressure or the apprehension of poverty and want, This is to them—very properly—the measure and indication of good government. But they have seen, during the last six years, the wolf coming ever closer to their doors, | and they begin to ask, ‘Why these long con- tinned hard times?” And they find tho answer easy. We have been going on since 1868 in one consistent path. General Grant does not change. He has acted in the Presi- dency, as he did at the head of the army, on one single, undeviating line of policy. He has rejected the advice of the wisest repub- licans, and has compelled bis party to acqui- | esce in his own methods, Doubtless he per- suaded himself that his chosen policy was the best for the country. It consisted in ruling the South by brute force and by the help of = set of unscrupulous and dishonest politi 28, to whom he has constantly lent the overpowering aid of federal office, White House favor and United States troops. His general policy for the country has been of a | they were,'’ rency to-day than we were in 1868; and the laborer to-day looks with apprehension upon the gold quotations, as he did during the wer. The tariff, which ought long ago to have been so simplified and lowered as to give us for our surplus manufactures a constant and profit- able market abroad, bas been nofaintained at a point where it compels a universal stagnation | of manufacturing. Those branches which | have béen specially favored are now, as was | natural, specially prostrated. We have no | ships; we have but an inconsiderable foreign trade, and that mostly in erude products; skilled labor has been discouraged; American | ingenuity, famous formerly all over the world, is no longer respected or admired abroad. To add to these evils General Grant has been from the first careless in administration. He has systematically encouraged extrava- gance in the use of public money. His chosen friends are men accused of peculation and notorious for their wasteful use of the peo- ple’s means, Frauds upon the revenue, of vast extent and ruinous to honest dealers, have occurred time and again until they almost cease to attract public attention. But every dollar wasted by the government comes out of the people’s pockets, Every act of maladministration in a federal agent or officer encourages greed and corruption among the people. Every revenue fraud ruins or disables multitudes of honest dealers, Every incapable favorite makes the conduct of private business and enterprise more costly disables a usoful enterprise and makes the people poorer. “Hard times’’ is the universal complaint, and it will be the watchword of the next election. We cannot have relief from the pressure of adversity until misgovernment in the Southern States is cured; until extrava- gance and corruption in the federal adminis- renoy of gold and silver makes the laborer's reward sure and definite ; until the shackles | are removed from our foreign commerce and | the ingenious hands ot our skilled mechanics for the whole world and not confined to the limited home market. These are the tasks to which American statesmanship must set itself this year. The to stand aside. The people will no longer be scared by the Southera bugaboo. They can- Colleges and Coliege Commencements, Next week the series.of annual college com- mencements, which occur in the months of Juno, and July, will begin with the Boston University. As nearly every city and State has its university and every town and village | its college, there will be a busy time in many ont of the way places, as well as at the seats of the older and more prominent institutions, | before the festive season closes, The list in- cludes not fewer than one hundred and 4fteen places of learning, and it is curious to observe that while nono of them are satisfied with a less pretentious name than college or seminary | many affect the higher title of university. New York, Boston and Chicago, Pennsyl- yania, Vermont, Virginia, Kentucky, Michi- gan, Iowa, Georgia and Mississippi are only among the cities and States giving their names to institutions pretending to the highest grade. There are besides many universities of which most people have not even heard, and these are multiplying every year. If matters go on as they have been going we sball not be sur- prised if every public school dubs itself a uni- | versity, and it is naturally to be expected that every cross-roads will set up a college as soon as it is able to afford a blacksmith shop. In this way we may have plenty of college com- mencements, and the village folks everywhere be able to talk grandly of their university, but beyond these insignificant advantages the re- sults are almost worthless. We have too many colleges and universities so called and too few reel institutions of learning liberally endowed and capable of fulfilling the functions inci- dent to their names. What, for instance, does Boston want with its Boston University when it has that grand old institution at Cambridge, worth a hundred of the other? It requires years of growth to make a university, and yet old gentlemen when they die think they have nothing to do but to give a hundred thousand dollars in trust to somebody and a university will be the result. ‘The long list of institutions of learning claiming attention in these summer days contains only three or four names worthy of much recognition or respect by the sincere friends of education in tho United States, and until we have fewer col- leges and universities and more concentration of effort the commencement season will be one rather to be regretted than welcomed. At the same time we must admit that the present anomalous condition of things is the necessary result of the causes which produced it, The tendency has been to multiply and not be deceived by glittering projects of costly internal improvements. They have | | given the greenback a fair and long trial, and | they see to-day that only California and | Texas, where gold and silver form the cur- rency, are measurably prosperous. They have | seen home industry ‘‘protected” until the iron furnaces, the cotton and woollen mills, andall | the otner protected industries are prostrate | and ruined. It is a good time to change, not | only the ship’s captain, but the ship’s course. | It we had to advise a Fgesidential aspirant, under the present ‘circumstances of the | country, we should say to him, ‘Grant is out | of the way. The people ask for a new man | and a new policy. dence are to-day out of place. If you want to succeed in 1876 define your position before the people. Begin the canvass to-day. Lay | your plan beiore the public. | know how to remedy the evils which have too long cursed us. Care nothing for party; the | people are ready to break parties to pieces. If you believe in anything announce it boldly. | What is demanded is a leader; a man who will command parties, and not one who will be the creature of conventions, the obedient tool of political hacks, the slave of expe- diency.” Party nominations will not be worth six- pence next year. The nominating conven- tions will havea rew clement to deal with. | They may be composed of politicians; but untess they grasp with the question of the day they will make shipwreck of party. | The only “‘available’’ man in 1876 will be the | man who has courage and ability to command, to lead, to remedy evils and bring us back to wholesome government and to renewed pros- perity.- Hence we believe that silence is now the most dangerous vice tor a Presidential | candidate. The people want to know before- hand where men stand. They are ready | enough to follow a leader, but they will not | follow a wooden figurehead. They will elect | | that man who most surely persuades them | before his nomination of his ability to re- | deem the country from evils of which it is | tired, and which it can no longer afford. The Interna al Rifle Match. The final practice yesterday of the Ameri- can team at Creedmoor was eminently satis- | factory, the scores made at eight hundred | | and which covers the country with gloom and | i and a thousand yards presenting a better avorage than any we have as yet seen re- ported from Ireland. It is evident that the | honor of America can be safely intrasted | to the hands of the gentlemen composing the team. Their skill has been most thoroughly tested, and they must prove dan- | gerovs opponents even to the most skilful | riflemen that can be pitted against them. The next few days will be devoted to preparing for their voyage across the ocean. On Satur- day next they will embark on board the City ot Chester, and will carry with them the best wishes of their country for their success and safe return. Whatever the issue of the com- ing contest, we feel it will be onty less honor- able to the defeated than to the victorious party. With excellent taste the Irish ridemen are making such arrangements as will prevent their visitors from being inconvenienced by the too lavish hospitality which might be thrust upon them from a spirit of friendlinoss. No | | doubt the Irisli riflemen feel that the im- portance of the coming contest will ba en- hanced by the American team doing their best shooting, so that the meeting at Dollymount | may be in reality what it purposes to be—a | trial of skill between the very best marksfnen of ether country, with a fnir ficld and no favor. Tae Vixgnanp Acrpy.—The wonderful journalist who received a pistol bullet in tho head, in the place where the brain is pepu- larly and medically supposed to be located, and who is rapidly recovering, has given the gentleman who shot him an op; sed on a writ of habexs corpus, Accord ing to our reporter the latter was the cynosure of all eyes on this interesting occasion, which seems to be the cage with all actual or inten- riunity to be emack—o rather peculiar ending foralong trip, | similar kind, Itaimed to ‘keep things as | tionél homicides, Timidity, silence, pru- | not to strengthen; and this tendency was owing to distinct causes. The early colleges in America were the exponents of some re- ligious sect, and so every sect came to think it | must have’ its college at convenient distance. Thus in Pennsylvania the Presbyterians have two colleges, one in the east and another in | the west, though it is plain that Lafayette was not needed while Princeton flourished, and even Princeton was not required so long as Yale was orthodox. In consequence none of the colleges, not even Yale, are supported as they should be, while the Keystone State, like | every other, is full of half fed, half starved in- stitutions, Tae German Reformed Church has a college and theological gehool at Lan- caster and another college at Mercersburg; the Lutheyans have a college and divinity school at Gettysburg; the Methodists a college Show that your! at Carlisle; the Episcopalians an institution | of some kind at Meadville, and the Roman | Catholics three or four colleges at different | localities in the State. The same thing is | true of New York, while here the cities like Rochester and Syracuse all pretend to the possession of a university. Then, as we have before obssrved, nearly all of the States have set up a university, but failed properly to endow or to organize it, and those mortuary nuisances, the people who leave universities in their wills, bave | added to the number, without conferring any real benefit upon the cause of education. | And what is worse even than all this is the fact that the same causes are still at work and | apparently will continue to operate as long as the multiplication table endares. Should any of the friends of education ask us what remedy we have to suggest for this evil we would be compelled to admit that there is none which can be brought into im- | mediate or well directed operation. The only | thing to do isto wait. Before many years the poor colleges must die from sheer pov- erty, and the fat up the lean ones. It will thus be seen that | we believe in poverty tor our poor colleges | two forces shall have produced tiveir legiti- mate results we shall have many college com- mencements, but the season will be ono of | little real significance, Ingersoll’s Affidavit. If this remarkable piece of testimony by a | confidential accomplice of the Ring could bave been procured and published in the year of the great explosion it would have eclipsed all the other sensations of that exciting period. We have since passed through an | era | the public sensibilities; snd as Inyersoll only |‘ divulges in detail what was before known | in substance his affidavit will be regarded only in its legal aspect and be judged solely with reference | to its value in facilitating the recovery of the stolen property. of his pardon, because it substitutes direct for inferential evidence, and is calculated to make @ great impression on juries when In- gersoll repeats the facts in the coming trials. Both as against Tweed and against his con- federates, who have fled from the country, it is of the highest value, provided they have | property in this State which can j be reached in satisfaction of judg- ments, On this pomt the managers | of the suits profess ‘to have no doubts. At- | tachments against property have already been issucd, which will keep it within the control of the Court until the suits shall have heen decided. Of course the full amount of ‘olen money will never be recovered, but it is worth whiie to get back any part of it Which exceeds the legal expenses of the suits. T ieves have been hoping to fight off until they were barred by the statute of ious. For the frauds committed in toe suis the limit is nearly reached; but for the colossal plunder of 1870, which was the masterstroke of iniquity, the six years will not bave expired until 1876. The statute of limitations does not, | | therefore, apply to the greater part of the kine,’ unlike those in | | the dream of Pharaoh of old, may thus ent | and plenty for the rich ones, and until these | of astounding exposures, which has dulled | It vindieates the propriety | plunder. Since Ingersoll's pardon there is no defect or flaw in the evidence; and, if it be true, os is asserted, that there is o large amount of property within reach which can be seized to satisfy judgments, we see no Teason why these suits may not at last be suc- cessful. We trust they may now be pursued with vigor and with such substantial fruits as | will forever silence the charge that they have beon nursed for the promotion of political and personal aims. If any considerable portion of the stolen money is recovered everybody will applaud the wisdom as well as the zeal of the prosecutors. The Ohio Republican Convention, The action of the Republican Convention ot Ohio at Columbus yesterday is anomalous even where it betrays the greatest political wisdom. In the preamble to the platform we find the principles enunciated by the party de- | scribed ag sentiments, and so we arc ina measure | prepared for the peculiar method employed in their elaboration. Instead of grappling boldly with grave political questions every attitude is an innuendo, and the position assumed may mean much or little, according to exigency or locality. The necessity of limiting the power of giant monopolies is met by the insinuation that the patent laws are to blame for all the evils from which the people have suffered. Specie payments, instcad cé being handled boldly, are evaded by means of a platitude, which declares that some day it would be desirable if a paper dollar should be made equal in value toa dollar in gold. The contest between protection and free trade is dismissed with the old Polk and Dallas fallacy of a tariff for revenue with incidental protection. Even the bitter pill of opposition to the third term issue is sugar-coated with an antidote of fulsome compliment to the statesmanship of General Grant. Through- out the platform is composed only of senti- ments, and it is impossible on any question to deduce from these a well defined political | principle. The policy of the republican party ot Obio is indicated, not avowed, and it wiil be almost as easy to argue one way as another, from the suggestions of the twelve resolutions which embody all that the Convention thought it safe to assume before the people. Ina transition period, such as the present, this course may be the wisest political policy | of the party, especially if the democrats, | as they almost inevitably must be, are equally | | nopv-committal in the declaration of prin- ciples which are to guide them in the canvass and prepare the way for the great Presidential struggle next year. The only real effort of | the republicans just now is to get Grant out | of the way for another candidacy end another | term, and in this matter Ohio, following the lead of Pennsylvania, has made the great promise of the President's letter irro- vocable. With these great States op- posed to o third term and other con- | ventions ready to adopt a similar policy | Grant can no longer be considered as in the | field as a candidate, and it may be wise for the party to wait until next year before con- solidating its policy for the future. With re- | gard to the nomination of General Hayes for Governor of Ohio it is probably the best tliat could have been made. He is young, earnest | and popular. In the ficld he won a reputa- | tion for gallantry of which his State may well be proud, In Congress he earned a recognition for purity which will serve him in good stead at a time when so many public men are not above suspicion, | But his excellent record, his unquestioned abilities and his personal magnetism will all be required in the canvags that is before him, and with all these we shall be surprised if he | is able to contend successfully with the vete- ran who is likely to be his competitor. Gov- | ernor Allen has the prestige of previous suc- | cess, when success seemed more difficult than now, and his administration has strengthened rather than weakened his chances for re-clec- tion. It may be fairly assumed that the can- | yass will be a very active one, and the strength of both parties cannot fail to be tested to the utmost, especially as the Obio election this fall will have an important bear- | ing upon tie Presidentiul campaign of 1876. Wendell Phillips on the Third Term, The interview with Mr. Phillips, which we | print to-day, merely gives the individual | views of a man who glories in leading a for- lorn hope. In spite of President Grant's letter Mr. Phillips thinks the republican party | should insist on running him for a third term, and he goes so far as to say, “If Grant does not give us the use of his name in my | opinion the democrats will elect their Presi- | | dent.” The republican party is in a bad | way if its escape from political drowning depends on its catching at such a straw. | Mr. Phillips does not meet the real question, which is, whether Grant's | letter takes him out of the canvass. Mr. | Phillips evades this point and reasons as he | written. What we wanted to know from Mr. | Phillips was, what chauge, in his opinion, the publication of the letter makes in the political | situxtion? But on this cardinal point he has | nothirg to say. The possibility of General | | Grant being the republican candidate in 1876 | depends on the sense in which his letter is taken by tho republican | party. If they wish to run him there is nothing in the letter to discourage their hopes, but if they do not want him it gives them an easy means of sinking his claims “deeper than ever plummet sounded.”’ It is notorious that their greatest fear bas been that Grant would thrust himself upon the party in spite of the ruinous inexpediency of arousing general opposition to | third term. It is preposterous to | suppose that they will not take advantage | of the letter to excinde Grant from the race. | The letter, indeed, admits of two in- terpretations; but a party which was prepared to shove Grant aside by repeating the Pennsylvania resolution in a score of State conventions will not miss the oppor- tunity to put him quietly aside with his own declared consent, The individual preferen { Mar. Wendell Phil- lips will weigh nothing against the nearly imons so of republican y ident he has given o the spt to pac’ the Re on throng) the ing par: Natiox nal Con activity of his of is only from this source that his nomination | has ever been possible. Whatever wishes he may continue to cherish the republican party hold will take good care that his nolo episcopari be | | Queen of Beauty. might have done if the letter had not been | - taken literally. Mr, Phillips has made hig advocacy ridiculous by winding up with ar opinion that General Butler would be even t better candidate than Grant, ‘If New Eng land were privileged to furnish tho Presi dent,’’ says he, ‘no friend of the negro ract would dream of suggesting any other namt than that of General B, F. Butler.” Thia brilliant idea illustrates the practical value of Mr. Phillips’ political advice, The Masons’ Day. The Masonic parade yesterday was one of the most successiul and important events of the kind which ever took place in this coun try, and, aside from its interest to the men bers of the society, it has a significance that is uviversal in its application. Among the thonsands who participated in the fostivities of tho day and the tens of thousands whe witnessed the pageant there was a tecling of good will that must have the most beneficial results, It is only half a century since, Ma« sonry was an angry element in our politics, and many public men are still living or bul recently dead who entered political life in op+ position to the Masonic Order. Notwithstand« ing the acerbities of the struggle all the acri- mony has passed away, and on every hand there is only a feeling of kindness for the fraternity. Without political aims it was im. possible that Masonry shovld long continue an important element in politics, and yet it ia worthy of remark, in reviewing an event like that of yesterday, that no real or fan. cied danger ever more completely moved the American people. We owe to the anti- Masonic struggle some ot the most powerful minds that have taken part in public affaira in this country—as Seward in New York and Stevens in Pennsylvania—while Masonry owes to the ordeal through which it was com- | pelled to pass much of the prosperity it has since enjoyed. Confined to its own legitimate channels by ihe fiery opposition it encoun. | tered the Order has pursued ifs work of char. ity and fraternity without ostentation until it has not only earned many claims to recogni- tion, but has beer able to attain a standing through which its claims are readily accorded, The festivities of yesterday are a harbinger of still greater prosperity for the Masonic Order and of increased kindliness among the chil- | dren of men, and the occasion will be long remembered as one of the red-letter days of Masonry in the United States. Phil Sheridan’s Wedding. What may be called our military aristoce | racy has lately given us some noteworthy sensitions in the domain which borders so nearly upon romance that we are apt to in- | vest it with something more than tho attri- - butes of real life, The son and daughter of the President were both married with much of the military éclat that was to be expected from the relations of the parties to the conntry and | thearmy. Then the marriage of the daughter of General Sherman was an event which called out all the military grandeur necessary to the occasion and to the fume of the distin. guished soldier who was the father of the bride. And now, as if emulating in the only way possible to him the happiness of his brother officers who thus gave their children away with so much pride, the Lieutenant Gen- eral is to lead to the altar the beautiful dangh- ter of another soldier, to unite her fate with his active career and blend his reputation with her young life. While he was writing his rather remarkable bulletins from New Orleans, and startlng the coun- try with spectres of banditti whose exist- ence everybody was eager to deny, few of us suspected that General Sheridan himself | was being wounded by that most terrible of all bandits—the heart-piercing son of the Yet so it was; and all the while the intrepid soldier was being bound by a rosy chain strong enough to hold the bravest captain captive. After a good many years of bachelorbood—aore than even Phil | Sheridan would like to acknowledge if they had been less bright for him—it was an. nounced for the twenticth time, but at last with truth, that he was to be married. This evening the wedding takes place in Chicago, and in another column we print the story of the preparations for this notable event. On such an occasion it is scarcely necessary that we should indulge in many words of congratulation ; but we would not fully perform the wishes of our readers it we failed to recognize in their name this new evidence of the daring and courage of Cavalry Sheridan and felicitate him and his bride upon the happy future that all their country. men earnestly hope may open before them and bear them forward until the boat which carries them down the stream of time shall | leave them in the heaven beyond which is the consummation of all earthly happiness, PERSONAL INTELLIGENCE, Cholera in Indja ts much worse this year than usual. General George W. McCook, of Onto, is sojourn ing at the Hotel Brunswick. Congressman Horace B. Strait, of Minnesota, is | Stopping ne St. Nicholas Hotel, Congressman W, H. Barnum, of Connecticut, ta ogain registered at the Windsor Hotel. Generai John J. Abercrombie, United States | Army, is quartered at the Hotel Brunswick. Professor Jules Marcon, of Harvard College, ta residing (emporartly at the Filth Avenue Hotel. Congressman N, Holmes “Ocell, of Tarryrown, N. Y., arrived Inst evening at the St, James Hotel, Adjutant General James A. Cusningham, o: Massachusetts Is staying at the St, Nicholas Hotel. soeretary Belknap arrived in this city yesterday morning from Washington, and ts at the St James Hotel. Assembilymen W. W. Braman, of West Troy, and F. W. Vosburgh, of Albany, have arrived at the Metropolitan Hotel. fir. Power Henry Le Poer French, Second Seo rotary of the British Legation at Washington, has apartments at the A!bemarie Hotel, Supervising Arcmitect of the Treasury Potter hag gone to Chicago to look alter matters in connec tion with the new Castom [House ouilding in that city. The city of ‘Lyons is excited over a schema to make ita port for lorge steamers from the East Indies vy improvement of the navigation of the aid that in Mr. Tens § forthcoming vill be found @ simile derived from the seit of Venus. Poetry brouglit down to tue latest datos a paige Ei. WH, Role second, directors of tie Unton Pactiic Railway Company, age at the Windsor HHorei. For the racehorse Kangaroo the Marqois of Tastings once paid 12,009 gnincar—say $63,000, Tits horse now goes in front of a Londom cab as Sixpence @ mile, Vicissitudes of great families,