The New York Herald Newspaper, October 15, 1875, Page 6

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NEW YORK HERALD, FRIDAY, OCTOBER 15, 1875—TRIPLE SHEET. Ve aes HERALD OS her eee ee oe BROADWAY AND ANN STREET. — JAMES GORDON BENNETT, PROPRIETOR NOTICE TO SUBSCRIBERS.—On and after January 1, 1875, the daily and weekly editions of the New Yorx Hxnaxp will be sent free of postage. THE DAILY HERALD, published every day in the year, Four cents per copy. Twelve dollars per year, or one dollar per month, free of postage, to subscribers. All business or news letters and telegraphic despatches must be addressed New York Henan. Letters and packages should be properly sealed, Rejected communications will not be re- turned, LONDON OFFICE OF THE NEW YORK HERALD—NO. 46 FLEET STREET. PARIS OFFICE—AVENUE DE L’OPERA. Subscriptions and advertisements will be received and forwarded on the same terms as in New York. VOLUME XL- seseeeee NO, 288 AMUSEMENTS TO-NIGHT. GILMORE’S SUMMER GARDEN, late, Barnum’s Hi .—GRAND POPULAR CON- CERT, at 3 P. M.; closes at 11 P. M. ‘TROPOLITAN MUSEUM OF ART, i ‘est Fourteenth street.—Open from 10 A. M. teS TIVOLI THEATRE, Eighth street, near Third avenue.—VARIETY, at 8 P. M, FIFTH AVENUE THBATER Twenty-elghth street, Broadway.—OU: Pap does ioe PM COLONEL SINN’S PARK THEATRE, Brooklyn.—VAKIETY, at 8 P. M.; closes ab 10:45 P, M, BOYS, at 8 BOWERY THEATRE, Bowery—ON HAND, at$ P.M. John Thompson. HOWE & CUSHING’S CIRCUS, Eighth avenue and Forty-ninth street.—Performances day ‘evening. WOOD'S MUSEUM, yy, corner of Thirtieth street.—MAZEPPA, st 8 3. uh aaacacneel agen Kate Fisher, Matinee at 2 TONY PASTOR" Nos. 585 and 587 Broadws; Pyiuert, ater. M LYCEUM THEATRE, Fourteenth street and Eighth avenue.—French Opera Boufle—GIROF LE-GIROFLA, at 8 P. M. THIRD AVENUE THEATRE, Third avenue, between Thirtieth aud Thirty-first streets.— VARIETY, at 8 P. M. GERMANIA THEATRE, Fourteenth street, near Irving place.—EHRLICHE AR- BEIT, 8 P. M. WALLACK’S THEATRE, Broadway and. Thirteenth street—THE OVERLAND ROUTE, at 8 P. M. ; closes at 10:45 P.M. Mr. Joha Gilbert, Miss Ada Dyas. PARISIAN VARIETIES, Bixteenth street and Broadway.—VARIETY, at 8P, M. DARLING'S OPERA HOUSE, Twenty-third street and Sixth avenue.—COTTON & REED'S NEW YORK MINSTRELS, at 8 P. M.; closes at 10 P. M. THEATRE COMIQUE, thes Brosdway.—VARIETY, at 5 P. M. ; closes at 10-45 SAN FRANCISCO MINSTRELS, Noy ores House, Broadway, corner of Twenty-ntnth street, at SP. AMERICAN INSTITUTE, Third evenue and Sixty-third stroet.—Day and evening, Swentythird strect aod Bitte’ syenue;—Engtish Opers— ‘and Sixth avenue.—En THE HUGUENOTS, at SP. M. Miss Clara Louise Kellogg. HEATRE, at 8 P.M; closes at 10:45 PARK THEATE and Twenty-second street. —' anciey $ MIGHTY DOI- LAR, at 8 P.M. Mr. and Mra. Florence. STADT THEATRE, fot 2 ah Bowery —La FILLE Di MME. ANGOT, at P.M. Mile. Dupare. TRIPLE SHEET. NEW YORK, FRIDAY, OCTOBER 15, 1875, are that the weather to-day will be warmer and tloudy, with rain. Tux Henavp sy Fast Mar, Trams.—News- dealers and the public throughout the States of New York, New Jersey and Pennsylvania, as well as in the West, the Pacific Coast, the North ind Southwest, also along the lines of the Hud= son River, New York Central and Pennsylvania Central Railroads and their connections, will be supplied with Tux Henan, free of postage. Extraordinary inducements offered to newsdealers by sending their orders direct to this office, Wat Sraver Yesterpay.—Current rags were worth anywhere from 85.93 to 85.57. Gold advanced to 116 3-4 and closed at 116 5-8. The English bank rate was ad- vanced from 2 1-2 to 31-2 percent. Foreign exchange unsettled and stocks a trifle firmer4 Jenome Panrx.—The attendance at the Jerome Park races yesterday was good de- spite the weather, and the sport was excel- lent. The winning horses bear such classical names as Leander, Rhadamanthus and Shy- lock. Au Horrs or A Senvian Ixsvnnection seem to be dissipated. Even the military preparations, both on the part of Turkey and Servia, are ceasing. This is the work of the great Powers, which are determined, ap- parently, that the Christian shall not be per- mitted to revolt against the Turk. Axi Prospects or A War between England and China are at an end, Mr. Wade, the English Minister, having obtained from the Chinese government all the guarantees ho considered necessary, This is satisfactory intelligence, as a war with China could have no beneficial results and would be certain to ‘nflict immense damage upon commerce, Spam axp tHe Vaticay.—The Spanish Winistry has replied to the Vatican in regard 0 religious toleration in Spain, and, while sxpressing a desire to come to an under- standing, asks for a settlement upon as broad fo basis as possible. Toleration in religion has become an axiom in modern politics, and, sooner or later, the Vatican will be com- pelled to recognize it even in Spain. Tun Prorie’s Canprpa: ott is the people's candidate for Recorder, By his re-election to the Bench from which poor Kelly has éndeavored to drive him the criminal elasses will be taught that the people of New York respect and will sustain a pure and fearless judiciary. His election will be as good as the addition of one thou- sand policomen to the force at present pro- tocting life and property in the city. ‘We print as much as we can find space for of the elaborate speech delivered by Gen- eral Butler last evening at the re- quest of the Board of Trade. It is a singular production. It is surprising that a man 6o clever, adroit and ingenious as General Butler should so expose himself. We do not ask anybody to take our assertion that Mr. Butler has made an absurd speech, for our assertion is of no more weight than his, neither being of any value on such a subject except so far as it is supported by proofs. We will keep clear of recondite reasoning, for it is not necessary to go deeply into the subject to demonstrate General But- ler's incapacity to discuss it with profit to those whom he undertakes to instruct. Everybody is competent to judge of a ques- tion of fact, and we will begin our exposure by showing that on the mere facts belonging to this controversy General Butler's inaccu- racy, misapprehensions and confusion of thought are so gross as to be perfectly ludi- crous. He goes at some length into the history of the Bank of England and the commercial crises which have from time to time arisen in that country, with a view to prove that a reliance in specie is delusive. The pre- cision of his knowledge may be judged of by his repeated assertions that the Bank of England has several times suspended specie payments since the Bank act of 1844. The truth is that the Bank of England has never suspended specie payments since the act of 1844 was passed, It may be asked how Gen- eral Butler could have fallen into these egregious misstatements of fact and have made them the basis of one of his most prominent arguments, The explanation is easy enough, but it exposes such a blun- dering looseness of thought and dense ignorance of the subject that General Butler will blush when he sees the correction, He has frequently read of the “suspensions” of 1847, 1857 and 1866 in connection with the Bank of Eng- land, and in the profundity of his mis- information he supposed it meant suspen- sions of specie payments, whereas, in fact, the word referred only to the suspension of a particular provision of the Bank act. Specie payments have never suspended for a day since the passage of that act. There has not been a day since 1821 when the notes of the Bank of England were not paid in coin on presentation. By the act of 1844 the Bank is permitted to issue notes to the amount of fifteen millions on securities, but beyond that sum uno note is issued without an equal amount of coin or bullion deposited and kept for its redemption. In a financial crisis, when everybody wants money and fears he cannot get it, the Bank is restrained"by this pro- vision from granting any relief to the community, because the issue of more notes would require the deposit of the same amount of gold, and the avail- able money would not be increased by taking precisely as much gold out of circulation as was equal to the new notes put into circula- tion. In order to relieve financial panics this part of the Bank act has three times been suspended—that is to say, the Bank has been permitted to issue additional notes on securi- ties instead of deposits of equal amounts of gold, It was not suspension of specie pay- ments—which were not interrupted—but sus- pension of the rule which forbids the issue of notes except on an equal amount of gold. And General Butler is so discreditably ignor- ant as to confound this with a suspension of specie payments! It is not a mere inadver- tance such as a man might fall into in the haste of extemporaneous speaking, for the speech was deliberately written out, put in type and the proofs corrected before it was delivered. General Butler says, ‘‘as early as October 23, 1847, three years after the re organization of the Bank, she suspended specie payments ;” and again he says, ‘‘No- vember 9, 1857, the Bank of England again suspended specie payments ;” and still again he says, “In November, 1866, the Bank of England suspended specie payments.” Now, as it is a well known historical fact that the Bank of England did not suspend specie payments on any of these occasions, the public can draw its own inferences as to the acenracy of General Butler’s knowledge and the soundness of the arguments which he builds on his grotesque misconceptions. He is in a muddle, like that of the Englishman who displayed his knowledge of our public men by confounding Webster, the states- man, with the author of the Dictionary. After this specimen of General Butler's discrimination his other blunders will not seem surprising. He thinks an ‘‘intrinsic” value can be given to the legal tender notes by making them always interchangeable with three-sixty-five bonds. Mrs. Malaprop her- self never misused language more ridicu- lously. General Butler does not seem to un- derstand the distinction between intrinsic value and exchangeable value. He thinks that a piece of green paper worthless in itself may have intrinsic value conferred upon it by being made exchangeable for gov- ernment paper of another form! And a man who talks such stuff as this erects himself into a financial instructor, We select for illustration only such blunders as any reader of ordinary intelli- gence is competent to judge of. General Butler seeks to give stability to the value of money by fixing o uniform rate of interest at which it can always be reciprocally lent and borrowed, ‘This idea only betrays the looseness of his thinking. The phrase “value of money” has two meanings—one the rate of interest paid for its use, the other the quantity of other things it a ae for. General Butler confounds thegs totally different meanings, and reasons as if what is true of the one must also be true of the other. It cannot be denied that if the gov- ernment always held itself ready to borrow or lend money at a fixed interest without any limit, the value of money in the sense of the rates paid for its use would not vary, but its value as compared with com- modities would be just as liable to fluctua- tions as before, Ifthe government should establish a system of public granaries and kind, a hundred bushels could always be had by giving security to pay 103.65 bushels in the following year; but can anybody suppose that such a contrivance would make engage to borrow and lend wheat, payable in | the price of corn uniform in spite of difi .- ’ ences in the crops? The depreciation of the currency has no connection with the rate of interest. When the rate is seven per cent for paper money at par it will also be seven per cent for paper money worth but fifty cents to the dollar. The only difference would be that a man would have to borrow two hundred dollars and pay fourteen dol- lars for its use instead of one hundred and pay seven for its use, General Butler as- serts that an increase in the quantity of money does not depreciate its value, which is another remarkable exhibition of acumen. He ought to be able to see that money, like wheat or any other commodity, has its value affected by scarcity or abundance and in accordance with the same laws, Another specimen of brilliancy is his assertion that there is no more necessity for making the measure of value redeemable than for making yardsticks redeemable, It is true enough that it would be nonsense to talk of making gold dollars redeemable, because ,they carry their value in themselves. But it is still greater nonsense to confound paper dollars of no intrinsic value with pieces of coined metal, which are worth as much without the government stamp as with it, We have neither space nor patience to follow General Butler further in his wilderness of absurdi- ties, the specimens we have noticed being sufficient to expose the quality of his finan- cial thinking. “Business On Wall Street.” The character of Wall street business may be understood by reading the reports of what has been done on Wall street in the last week, We learn that in round numbers nine hundred and forty-five thousand shares were bought and sold. Of these shares seven hundred thousand represent what are called faney stocks—that is, stocks of nominal value, the trade in which cannot be con- sidered asa sound expression of business. The buying and selling of these stocks, as reported in the tables, is also a misnomer. They are not really bought or sold, but “puts” and ‘‘ealls” and other contracts for their delivery have been the staple of trade, and many of the sales, too, have been nomi- nal between agents“ of some stockjobber anxious to give a false value to the market, ‘The two hundred and forty thousand shares of honest stocks which have been sold are a gratifying indication of the real revival in business. During the summer the whole burden of shares in Wall street were these fancy securities. We can understand the exact value of Wall street as we mark the diminution in the sales of the fancy stocks and the increase in the sales of the real stocks. We wish the proportion were greater ; but we look upon the two hundred and forty thousand shares of good healthy securities which changed hands last week as the best indication that we are tiding over into a better time, and that Wall street is not alto- gether in the hands of the merciless, The Prehistoric Civilization of America. When we examine the various facts brought to light by the explorers of the Hayden survey in the Western Territories and also the trophies of their industrious search after ancient remains, we cannot re- sist the conviction that, at a period so re- mote as to be literally prehistoric, this con- tinent, and particularly that portion lying between the fortieth parallels of northern and southern latitude, was inhabited by a race or by races of men who enjoyed a state of civilization similar to that of the early Egyptians. The evidences of this civiliza- tion are quite numerous in South America, where, by reason of an earlier settlement by the white race, a more complete knowledge has been obtained of their character. Within our own territorial limits such a knowledge is slowly coming into our possession, and we are gradually establishing a connecting link between the two regions which will enable us to trace their ancient inhabitants toa com- mon origin—what we might term the period of the suspension of development, or, per- haps, more properly, the deviation of the Western from the Eastern civiliza- tion, and the line of progress which, for obvious reasons, was common to both up to the time when intercourse ceased, marks an important feature of the data on which we base our theory. Perhaps we may establish it from the fact that all the great public works of a certain style of construction which occupied the attention and taxed the energies of the people of ancient Egypt have been reproduced in scale, plan and object by those of South and Central America, Palaces for the rulers, temples for the deities, monu- ments to the departed great ones, are alike in character in both countries ; while the works of public utility, the canals for irrigation, the great paved highways for commerce, even the many bastioned fortresses for defence, show a co-origination of ideas between these wonderful peoples that leads to no other conclusion than that they were of the same race. We have in the constitution and peculiarities of the Chinese and Japanese civilizations instances of what nations, com- pletely isolated from outside influences, will accomplish in the development of their social and political conditions. Cortes ahd Pizarro found order, enlightenment and a high degree of civilization in Mexico and Peru. The Montezumas and the Incas ex- ercised a more beneficent sway over their respective peoples than the Neros or Cali- gnlas did over thé Romans or the feudal chiefs and princes in later days. Where |we find the evidences of civilization with barbaric surroundings we must infer that an overwhelming incursion of savages has blotted out or subjugated the original occupants of the country. The Van- dals, the Goths and the Scythians never attempted to decivilize conquered peoples; they destroyed them, The present Indians of the West are de- cidedly of Mongolian origin. They entered | the country via Behring Strait, and being of a fierce and warlike character they finally drove the original and civilized peoples show that these Territories were among the last resting places of an expiring race. The merciless cupidity of the white man as em- bodied in Cortes completed the work of the pavages, John Kelly’s Duplicity. John Kelly has chosen to assume the char- | acter of a conscientious reformer in his at- | tempt to drive Recorder Hackett from the Bench. If all Mr. Kelly's acts asa public officer and as the leader of Tammany Hall were consistent with the position he now ar- rogates the motives of his crusade against the Recorder might not be called in question, however much his judgment might be con- demned. But neither as office-holder nor as political manager does Mr. Kelly's record fit him for the réle in which he now appears. While Sheriff of New York his bills against the county were such as no conscientious official desirous of protecting the taxpayers would have presented. There may have been a thin covering of legality to warrant his ex- travagant charges, but a strictly upright officer would not be willing to strain the law in order to deplete the public treasury. A sheriff who could swell out a bill of nearly one thousand dollars for the execution of a murderer cannot be credited with any nice sense of the rectitude which further south until they were finally destroyed by the Spanish invaders, The remains of ancient pottery and other articles | which have been brought to light in New Mexico and Arizona by the Hayden survey | should control the acts of every upright pub- lic servant. Nor is it to Mr. Kelly’s credit that he allowed his official accounts against the county to be manipulated by such a no- torious corruptionist as the late County Auditor, James Watson. But the insincerity of Mr. Kelly's pres- ent professions is most strikingly illus- trated by his action as the leader of the Tam- many organization. The Recorder's votes in the Board of Supervisors are given as one of the reasons why Mr. Kelly refused to sanc- tion his nomination by the Tammany Con- vention, But last year James Hayes was, with Mr. Kelly’s consent and by his action, placed upon the Tammany ticket for the office of Register. Hayes was notoriously prominent as a member of the Supervisors’ “ying” during its most corrupt days, and supported all the jobs that went through that body. Kelly made no objection to his candidacy on that account, but, as we have said, concurred in and fa- yored his nomination. At the present mo- ment Mr. Kelly is endeavoring to force on the people of the Fourth Senatorial district the nomination of John Fox for Senator. Yet Fox was a Supervisor with Tweed, Hank Smith, Hayes and others of a similar character from 1865 to 1870, during the palmy days of the Court House swindle, and voted consistently with the deposed “Boss” throughout those years. Indeed, the composition of the committees satisfactorily explains the relations then existing in the Board of Supervisors. The Committee on the Court House was composed of Tweed, Orison Blunt, Hank Smith and John Fox. The Stationery Committees com- prised exactly the same names. Of the Committee on Armories and Drill- rooms, Tweed, Blunt, Hank Smith and Fox formed the majority. Yet John Kelly, while pretending to oppose the Recorder, because he voted, as alleged, for the payment of a few extravagant bills, iasists on the nomina- tion of John Fox, whose whole time was oc- cupied in the apparently profitable business of one of Tweed’s favorite supervisors, Tne Ocran Race, in which the yachts Dreadnaught, Resolute and Vesta took part, was concluded yesterday, all of them turning the Cape May Lightship within a few minutes of each other, and the first two being less than two minutes apart at the finish. The Dreadnaught was the first to arrive, but Mr. Hatch claims the race for the Resolute on time allowance. The question has not been settled by the judges. It is to be re- gretted that the accident to the Vesta prac- tically put her out of the race, as the close sailing over the first half of the course made it especially desirable that the qualities of all the yachts should be fully tested. As it was, however, the race was an exceedingly interesting one; and the story is presented in the Hzratp this morning from every point ot view, our reports being written on board of each of the three yachts. These narratives will be read with zest; and, however the dif- ferences between the Dreadnaught and the Resolute may be settled, the story will lose none of its graphic and dramatic interest. Reconper Hackert’s Laxauaaz in reply to poor Kelly’s futile effort to be allowed to par- tition up the offices in the Court of General Sessions among his hungry followers cannot be too often repeated. Whata keen and pol- ished rebuke is contained in the following sentences:—“‘The Legislature has wisely placed the selection of officers for the Court of General Sessions in the exclusive discre- tion of the judges of that court. Every day of experience contributes to a court officer's usefulness, The Court has under it many officers of ten years’ experience; they are reliable, unbribable and discreet. If the notions you foreshadow should be acquiesced in by the criminal judges, inasmuch as the composition of political committees often changes, so might the composition of court officers, and thereby confusion at least be occasioned. Icannot sanction your propo- sition.” Tux Counts Cannot too soon decide the Staten Island ferry cases in the interest of the people. It would be a burlesque of justice if the Jacobus Vanderbilt monopoly should, under any pretence, be enabled to drive from the field an opposition ferry line run in the public interest. The laws are supposed to be framed for the public good, and it would be unfortunate if any statute could be distorted into an instrument to aid in the injury of the many for the benefit of the few. Tux Misstssirrt Disonpers.—If the charges against Sheriff Brown, of Mississippi, that he has been inciting the negroes to destroy the ginhouses belonging to the whites are true he should be punished ; but if they are not true the making of them is as serious an offence as that charged against the colored Sheriff. The truth about this matter is now what is required. Tue Onto Exection.—The original esti- mates of the republican majority in Ohio seem to have been too high, but there is no | reason to doubt the election of General Hayes. A bare majority isa great victory over the inflationists, and Governor Allen's failure, though it may be only by a few votes, will teach the same wholesome lesson as if the republican victory had been overwhelm- ing, Jack Tars and Torpedoes, Nearly every important discovery in the arts of peace or war is at the first presenta- tion received with a salute of pooh-poohs from the class who regard progressive change as the result of a species of lunacy and as meriting the sternest discouragement. When the use of torpedoes for offensive and de- fensive warfare was first suggested a shout of indignation went up from all sides at the barbarity of the proposition, and the pro- fessional Jack Tar was loud in his protests against a weapon which took all the romance out of burning defenceless seaport towns or blockading the harbors of the enemy. Liko the old stagecoach driver who did not be- lieve in riding behind a “tea kettle” on wheels instead of a team of dashing road- sters, the Jack Tars had fixed notions con- cerning the naval proprieties, and regarded the idea of killing or getting killed in any other fashion than that laid down in the official regulations of the service as one sub- versive of strict discipline and calculated to promote unpardonable breaches of naval etiquette, The humanitarian sentiment that gave point to the protests against torpedoes was the most amusing feature of the opposi- tion. The same feeling was entertained by the armor-clad warriors of the Middle Ages toward the newly discovered gunpowder. It was in sooth great pity, so it was, ‘This villanous saltpetre should be digged Out of the bowels of the harmless earth, Which many a good tail fellow had destroyed Socowardly, and but for these vile guns He would hiinself have been a soldior. The worthy knights and gallant gentlemen cdnsidered it a horrible thing to riddle your enemy with bullets, while the good old plan of smashing him like a lobster in the shell was chivalrous and eminently satisfactory to the individual so smashed. Although Bush- nell, of Connecticut, invented the torpedo, it was Fulton who first practically demon- strated its destructive power by demolishing the brig Dorothea in presence of the British Prime Minister Pitt. The Jack Tar Admiral, Earl St. Vincent, remarked on reading an ac- count of the experiment that ‘Pitt was the greatest fool that ever existed to encourage a mode of war which they who commanded the seas did not want, and which, if successful, would deprive them of it.” Later experi- ments caused Admiral Cockburn to remark that torpedoes were ‘‘a villanous, improper and cowardly mode of warfare.” In 1813 Captain Capel, of His. Majesty's ship La Hogue, declared the use of torpedoes by the Americans to be ‘an inhuman and savage proceeding not justified on the most barbarous principle of warfare,” and humanely ordered the destruction of every American ship that was within reach of his squadron. The Naval Chronicle called Fulton ‘a crafty and murderous ruffian,” and deplored the pros- pect of converting ‘four hardy, dauntless tars to submarine assassins.” What a won- derful change has come over the spirit of the nautical man’s dream! To-day our admirals pride themselves on the ingenuity and relia- bility of our torpedo system. Foreign offi- cers are cordially invited to witness our ability to welcome them as friends or ene- mies, the greeting being decidedly warm in either case and expressed either in the form ofa ‘‘spread” or a “blow up,” just as they choose to seek it at our hands. The Henaxp of March 17, 1842, gives an interest- ing account of Colonel Samuel Colt’s exper- ments on the ignition of torpedoes by the electric current, in which he was very suc- cessful. Indeed, it is to him we owe the submarine cable, which he first employed to fire his torpedoes. The tremendous power of these terrible engines of destruc- tion has changed naval tactics almost en- tirely, and not the least alarming prospect for the jolly Jack Tar during a fight is the sudden conversion of his stout frigate into a flying cloud of splinters, driven with the most mathematical accuracy to every point of the compass. The Unjust Action of the sessors. The city of New York has for years been compelled to bear an unfair and unequal share of the burden of State taxation. The honest rural districts are, of course, in a majority in the Board of State Assessors, and the counties particularly represented contrive to make a profit out of the privilege. Cayuga county, while her popu- lation and wealth increase, ; finds a seat among the State Assessors secures her a reduction of three-quarters of a million in her valuation for State taxation. Seneca county, under like circumstances, obtains a reduction of half a million, But these pleasant local economies must be made up in some quarter, and the city of New York is used for that purpose. Tere are your mer- chant princes, with their Broadway palaces and their Fifth avenue mansions ; here are your Wall street and your Central Park ; here are your bawling brokers and your bloated banks. Just the place, says the honest countryman, to add on a few hundred millions of valuation and make up for our own nice little savings. There is, however, a limit to endurance. The State Assessors this year, under the pretence of “equalizing” the valuation of property throughout the State, have thrown upon the city of New York greatly more than one clear half of the entire State tax. That is to say, one million of peoplo living in the city are called upon to pay a proportion of the State tax amounting to a per capita of eight dollars, while three millions and a half of people living out of the city are only taxed at the rate of about two dollars ahead. This result is accomplished by decreasing the valuations fixed by sworn local assessors on all real estate in the State outside New York and Kings and increasing the valuations in those two counties. To New York and Kings the State Assessors say, “It is our duty to raise the valuations made by your local assess- ors, and we, therefore, surcharge New York State As. five hundred and forty-one million dollars and Kings seventy-three millions.” To the rest of the State the same assessors say, “It is our duty to decrease the valuations made by your local assessors, and we, therefore, reduce the total amount fixed upon you by the sum of two hundred and sixty-two mill- ion dollars.” They thus make one sauce for the city geese and another for the rural ganders, New York has suffered more severely than any other part of the State by the depression of tho last two years, Real estate has shrank one-third in value, yet the local authorities have steadily increased the valuations, In 1871 the total valuation was, in round numbers, seven hundred and seventy millions, and in 1875 eight hundred and eighty-four millions—an increase of one hundred and fourteen millions. In the face of these facts, and of the further fact that the local valuations in most of the coun- ties outside New York and Kings have been kept unfairly low, the State Assessors heap up higher and higher the burden of State taxation on the city and correspondingly lighten the load on the outside counties, Some years ago Fernando Wood declared that the interests of the metropolis demanded a division of the State. Let us hope, how- ever, that the good sense and fair play of the Legislature will undo the wrong we have suffered at the hands of the State Assessors. Tue Tween Svurr.—Judge Lawrence has denied the application for a stay of proceed- ings in the six million suit against William M. Tweed and ordered the case toa speedy trial. Thus another attempt to prolong the litigation by premature appeals to the court of last resort has been defeated. If the prece- dents set by the lawyers in this case had been accepted by the courts not only justice, but the administration of justice, would be- come impossible. We have been simplifying the practice in this State until it is no easy matter to get a case of any magnitude tried at all, and so we are especially rejoiced to find the Judges of the Supreme Court de termined to try this case upon its merits, Hackerr anp Pueirs.—The nomination ot Recorder Hackett and District Attorney Phelps by the republican and independent voters of the city of New York ought to in- sure their election. John Kelly’s candidates would, if successful at the polls, place the whole criminal records and process of the city under the control of a political power. New York has already suffered from such an undue influence over her criminal courts, and is not prepared now to elect the tools of any political party to such offices as those of Recorder and District Attorney. Luptow Srrepr Jam.—The management of Ludlow Street Jail was the subject of in- vestigation before the Assembly Committee on Crime yesterday. Such of the prisoners as were examined testified to kind treatment, and the only abuses complained of were the acts of shyster lawyers. It is to these leeches, doubtless, that much of the evil reputation of Ludlow Street Jail is due. Tue Dergzat oy tHe Inruationists in Ohio gives great satisfaction to the English journals. This is not surprising, since the whole commercial world was almost ag deeply interested in the result as the people of the United States. Ovr Porsce.—In another column we pre sent a résumé of tlie corrupt practices of our police officials which clearly demonstrates the demoralization of the force and shows the necessity of complete and thorough re- organization. James Hayes Was Bzaren last year for Register because Kelly and his friends were secretly opposed to his election. The ticket nominated this year by poor Kelly will bo defeated because the people are resolved not to allow that mushroom leader to con- trol the Criminal Courts and the District Attorney's office. PERSONAL INTELLIGENCE, Yoshida Kiyonari, Japancse Minister at Washington, is registered at the Windsor Hotel, The Springfleld Republican says:—Poor Uncle Wilk Jam Allen! Gone to meet Methuselah !” Senator Henry B. Anthony, of Rhode Island, is rosid« ing tomporarily at the Fifth Avenue Hotel. Guibord’s coffin weighs ten tons; and the undertaker is trying to find sixteen horses for pall bearers. Old Cwsar, of Guilford, Conn., the weather prophet, says the first snow storm will come November 21. ‘Admiral David D, Porter arrived in this city with his family yesterday from Newport and took up his residence at the Hoffman House. _uptain H, 8. Buck, of New Orleans, has beon ap- pointed by the Executive Council Secretary, and Will. iam ©. Black, of New Orleans, Treasurer of the Na tional Cotton Exchange of America, ‘An Oswego goat went for a short-stop and broke up @ base ball gamo, and now when a man mentions to the short-stop that his pantaloons have been to the glaziers, ho remarks that it isan off-year in politics. ‘Arizona is fast. advancing in civilization, A Prescott paper announces the following music to be performed on tho plaza:—1. Ola Baldy—Quickstop. 2 I due Foscari. 3. Cesare Valse. 4, Cavatina ‘‘Anna Bolena.”? 5, Polka Revista, ‘The Nation is not surprised that, though Tilden hag nono of Conkling’s fine physique, he should win popu larity by his shrowdness and business ability, This is a poriod of business, and not of sentiment, and Tilden naturally comes forward. A Chinaman’s obituary :— ‘Thlow *way him Ia’ge flat-tlon, Mash him tub an’ bleak him pan, Tiim got thlongh him washee bus'ness; All oe dead Chinaman, Goneo ont How, ‘longside Joss. Right Hon. Lord Houghton and Sir Josoph Horon, ot England, who have spent the past fortnight in visiting yarious places of interest—Lord Houghton chiefly in New England and Sir Josoph as far South as Baltimore and Washington—returned to this city yesterday and aro at the Brovoort Houso. A Now England fireman rose hastily at tho first alarm, Ho ran along the streets bellowing “Fire.” He was en thusiastically “jumping the old machine,” and crying “Now jam hor down fur oar side, Johnny,” when by the light of the ascending flames, which were trying to toy with the pale-faced moon, he discovered that ha had on his wife's velvet basque spangled with buglea and beads, The Rov. Dr. Stoole sails to-morrow for Key West, Florida, It may be remembered how devotedly he ro- mained at the post of daty during tho prevalence of the yellow fever, attending the patients during their sick- ness and officiating at the funerals, After the epidemte was over his parish granted him a leave of absence, and returns to his work. The election, says the Cincinnati Commercial, places both parties on their good behavior for the Presidential contest of the Centennial year, The republican party received their warning last fall. The democrats have, in yosterday’s experience, a greatly needed lesson that may be of much service to them, The floating voto grows with the intelligence of the people, and the politt- cal organizations are admonished that neither can win with its worst elements in front, In Samoa, the new kingdom by the sea, ‘the constl tution provides that “after the expiration of seven years, when the people are accustomed to the ballot ‘and realize the sanctity of tho elvction,’? they may | change the monarchy into a republic, This practising | at voting, with all the appurtenances of challenges, bal- lot distributors and knock-downers, must be as good as thé military movemonts so much in voguo in Europe, | Wo ought to take our boys in hand at fourteen, have a | sort of mock election, and by tke timo they aro twenty. | ono they may say with Ned O’Baldwin, “I’vo voted often in New York, but’ bury me where I Itved foe awhile, behind the irom mosquito-nettings, near Bos ton.” although he has received several flattering calls he now ,

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