The New York Herald Newspaper, March 3, 1877, Page 6

6 f LOUISIANA. President Grant Breaks the Yoke of Bondage. THE NICHOLLS GOVERNMENT SUSTAINED, Packard to Give Up the State House to Nicholls, GENERAL AUGUR TO ENFORCE THE DEMAND ——e——— (BY TELEGRAPH TO THE HEBALD,1] Waraixorox, March 2, 1877, PRESIDENT GRANT'S NOTIFICATION TO MR. PACKARD OF THE WITHDRAWAL OP THE UNITED STATES TROOPS—DISMAY OF THE “CARPET RAGGERS"—THE POLICY ENDORSED BY PRESIDENT-ELECT HAYES, The President telegraphed yesterday to Mr. Packard, in New Orleans, giving bim votice that as soon as the electoral count should be ended and the new Presi- dent declared he intended to rescind al! orders to General Augur about maintaining the status quo, and that Governor Nicholls would thereupon, as a matter of course, take possession of the State. GOVERNOR NICHOLLS NOTIFIED, This morning the Prosident authorized a despatch to be sent to Governor Nicholls informing bim that to- day instructions would be sent down to General Augur, by telegraph, rescinding the military orders under which he has maintained the condition of things in Louisiana, and tat thereafter the military forces would take no part in local affairs in the State, but would remain there aud act precisely as they would in Ohio or Massachusetts, leaving the State entirely to local self-government, and interfering only in caso of a riot or lawless outbreak which the constituted authorities of the State were unable to contro! and subdue. It was Buggested to Governor Nicholls that he would do well to issue at once a proclamation commanding peace and order, and declaring xeneral amnesty, security and equal justice to all. ENDORSED BY PRESIDENT-ELECT HAYES. It 18 understood that this action proceeded with the express agreement of Mr. Hayes, made by bis nearest representatives here with his consent, and that Benator Sherman, as the chosen Secretary of the Treasury, formally agreed to this policy as to both Louisiana and South Carolina. TROUBLE AMONG TIM CARFET BAGGERS. ‘The rumor of thie getting abroad, this afternoon, created a good deal of excitement an:ong the carpet baggers and some of the Northern republicans, and they went so far as to assert that the President had de- veived them, and denounced him as false, and as hav- Ing made promisos to them so late as yesterday to support Packard, There was some talk also of the shamefulness of giving. up our negro allies in the Bouth, and this evening the falsehoods which have been circulated here with great industry for some days by the carpet-bag element are renewed, and itis asserted, among other things, that though tho new orders to General Augur were sent to the tele- graph office they were afterward withdrawn. Whether the new Southern policy will produce trouble among the republicans it is too early to tell; probably not, as most of those who grumble are of the class of pro- festional offico-seckers or office-holders, and will hesi- tate to quarre) with their bread and butter, MORTON AND LOGAN DISSATISFIED, There js areport this evening that Senators Mor- ton and Logan are among the men who take offence at the pew Louisiana policy, and that they will make trouble. They are probably inclined to make their op. position in this matter serve their own political aspi- rations and purposes, | President Grant's action was influenced by despatches | received from General Augur, that any further main- tenance of the status quo in Louisiana wouid be futile, The action of the President found very little opposition \p the Cabinet. Mr. Packard, on learning that such instructions had been sent to General Augur, telegraphed tho President to know if such was true. The President replied in the affirmative, and gave his reasons for such action, INTERVIBW WITH PRESIDENT GRANT, In conversation with your correspondent the Presi- dent stetted that with reference to the question of pre- serving the peace he would not constru2 the efforts of a posse legally called to arrest a criminal by ono of Nicholls’ oflicers as a breach of the peace, LOVISIANIANS WITH THK PRESIDENT. * Just provious to the mecting of the Cubinot to-day Messrs, Eli's and Gibson ana Colone! Burke, ot Louis- tana, had an extended conference with President Grant, when the latter read to them the instructions sent to General Augur. There gentlemen tendered to the President the warmest thanks of toe people of Louisiana for his action in their behalf, and expressed their best wishes for his future happjness and pros- perity. NOT ADMITTED, Shortly after these gentlemen withdrew Mossrs, Kellogg and Pitkin, representing the Packard faction, called to see the President, but he was unable to ac- cord them an interview on account of the assembling of the Cabinet council. THE ACTION arProveD, The President's action meets the most general and hearty approval, and nowhere more than among the friends of President-elect Hayes. FEELING IN WASHINGTON. News received here lato this evening that General Augur has received his orders from the President, and that Governor Nicholls has issued his proclamation of peace, security and amnesty, gave great joy as soon agit became known. There was great anxiety all the evening because there had been some delay in the transmission of Geperal Augur’s orders, and tho car- pet-baggors wero boasting that they would not be sent at all, SENSATIONAL REPORTS. The city was filled with reports all the afternoon that the White League bad risen in New Orleans, and that a battle was imminent, acd the carpet-bag republicans were jubilant over this, which, however, private fespatchos from Now Orleans soon showed to be {als EXTREME KEPUBLICANS THREATENING. Some of the extreme republican loaders are bitterly | opposed to the new Southern policy, and Mr. Hayes | bas alroady been made to fool that they do uot like it. They say that if ho means to do such things as this he had better resign; that they have no uso for him, aud they threaten to make him so much trouble that be will have to back down, They do not like to seo the power in the party depart- ing irom them which they have so long held by their oppression of the Southera States. The understanding here is that the © policy which has been began in Louisiana is to follow in South Carolina, OKDEKA TO GENBRAL AUGUR AND PACKARD, | The following telegrams have just been furnished by | the War Department: Heapgvanrens or THs Arwy, —) | Wasuineros, D.C, March 2—12:22 P.M. ¢ | To Goneral C, U. Acoun, Commanding Department of New Orleans :— | The following despatch bas gone to Governor Packard, and is bereby sent you jor your government | and information. W. T. SHERMAN, Genoral, Exxevtives Mansiox, Waasnixorox, . C., Maret 1, 1877. | To Governor 8. B. Packany rieans, pateh of this date the Lrosi- that he feels it his duty to s frankly that he does not believe public opinion will longer support the maintenance of the State govern. ment in Louisiana by the use of the military, aud that be must concur in this manilest feelin the troops | will hereafier, as in the past, protect ie av y from mob violence when the State authorities jail; | Mt but onder the remuning days of his official iife they | Will. not. be used to establish or to pull down other | Tt is not bis | claimants for the control ped the - urpose to recoguize eithor claima: me . ©. G, SNIFFEN, Secretary, | ACTION IN NEW ORL¥ANS--GOVERNOR NICHOLLS TO ISSUE A PROCLAMATION, AND FORMAL DEMAND OF THE STATE Mouse PRESIDENT GRANT PROMISES TO SUSTAIN THE ACTION OF THE NICHOLLS SUPREME COURT. New Oxneans, March 2, 1 At bal/-past three o'clock P. M, Governor Nicholls received despatches {rom his represeytatives at Wash- on announcing that the order for the removal of the *Jasted States troops had been despatched to General 10 MAKE NEW YORK HERALD, SATURDAY, MARCH 3, 1877.-WITH SUPPLEMENT. Augur by the War Department. Coupled with this was the advice as to what had been agreed upon as the mode of proceedure, Above all things the peace 1s to be pre- served. A PROCLAMATION PREPARED, Immediately upon the withdrawal of the troops Governor Nicholls will issue a proclamation with this end in vie ind which has already becn prepared and may be tssued at any moment, THE DEMAND OF THE STATE HOUSE. A formal demand will then be made for the surren- dor of the State House, and it denied the vurious offl- cers-elect will proceed to recover their offices through the agency of the courts, ASSMMBLING THR TROOPS, With a view of preserving the peace orders havo already beon issued to the First regiment to assemble at ite armory, where it wiil be held in readiness to act, should their services bo needed for that pur- pose, Allagree that the change will be instituted without any violence, WATCHING THR STATE HOUSE. Rumors having been received that the archives of the State were being boxed up this morning prepara- tory to removal from the State House, the streets in the vicinity of that building are being closely watched and will doubtless be picketed to-night. GOVERNOR NICHOLLS SICK, About five o’clock your corresponaent called upon | Governor Nicholls, but found him very sick in bed, attended by his physician and suffering from a se fever. AN INTERVIEW WITH GENERAL AUGCR, General Augur, in answer to the inquiry whether he had received orders tor the immediate removal of the troops, replied that be bad just received a despatch bearing upon that point, but shat he did not as yet know to what extent it would go, He had just sent his aid, Major Russell, to see Governor Nicholls upon the subject, and at half-past sevon o’clock he would be ready to answerthe question definitely. Major Rus- sell’s Interview with Nicholls was postponed until eight o’ciock by the physician in attendance, VICTUALLING THE STATE HOUSE. Up to four P. M. nothing. in regard to the above had been received by Governor Packard at the State Hou: where unusual activity prevails. The barricading is still going on, and this morning a largo quantity of provisions, in the way of hams, canned meats, bread, &c., were conveyed thither, as though preparing for a siege. THY CITY QUIET. The city is very quiet, but few being at present aware of the important movements in progress. PACKARD “‘NOT AT HOMK.’? At-half-past six o'clock Major Russell called on Gov- ernor Packard at the State House, after which timetho latter retused to see anybody, and devied admission to tho Hexatp representative, stating that he would positively communicate no information to-night. ‘the inference js that Major Russell bore General Augur’s no- tification of the prospective abrogation of the statu quo, WHAT GENERAL AUGUR HAS DONE. General Augur informed your correspondent at eight P.M. that up to that hour he bad received no orders concerning the removal of troops. His despatch re- ceived to-day embodied the copy ot one sent yesterday by Goneral Grant to Governor Packard, in which he stated his reasons for declining to recognize him, said it was obviously against public sentimont that United States troops could longer bo used in interfering with the political affairs of a State, and formally withdrawing their support. General Augur interpreted this into a virtual abrogation of the status quo, and has go notified the rival Governors, furnishing Nicholls with a copy of the despaten. He says, however, that the troops will be employed, in cass of any disorder, to presorve pub- lic peace and life. PRESIDENT GRANT'S LATEST VIEWS, Governor Nicholls has just received (ten P. M.) 0 long despatch from the Louisiana representatives at Washington detailing an interview held to-day with President Grant, in which he stated in addition to matters related above that he regarded the status quo as abrogated, and had thought that yester- day’s notice to Packard would have caused him to abandon furthor contest. He advised the issuance of a proclamation by Governor Nicholls, and stated that the processes of the Nichol!s’ Supreme and other courts would not be interfered with, that the troops would only be used to quell mob violonc& and not to obstruct in any way whatever legal action might be taken with regard to tho occupation of offices by the Nicholls candidates elect. NICHOLLS’ PROCLAMATION. Nicholls issued bis proclamation at ten to-night. No definite policy of action has yet been decided upon. Proceedings on a writ of quo warranto requiro a ten days’ citation, and therefors havo been abandoned. It is understood here and be- Neved 10 be so understood at Washington thatthe Packard government will melt away in a few days under the altered status, but measures will certainly bo speedily taken to expedite it, Governor Nicholls is very sick, suffering with a high fever, and the councils of the party leaders are tireroby somowhat distracted. Since nine o’clock his physicians have allowed no ono to seo hin REPORT OF THE SENATE COMMITTEE ON THE LOUISIANA ELECTION—A VOLUMINOUS DocU- MENT—SEVENTEEN PARISHES INTIMIDATED, Wastixetox, March 2, 1877, The report of the Senate Louisiana Committee, pro- sented by Senator Howe to-day, isa voluminous docu. ment of about 100 manuscript pages, although they state it is only a report in part, The comniittee, after explaining what they were required to do under the resolution, say thut thore aro two ways In which tha right of suffrage may be abridged. One is to deny tho legal voter the privilege of depositing his ballot, and tho other is to refuse to count the ballot after it is do- posited, By different parties it fs claimed that both of these methods have been pursued within the State of Louisiana, The allegation as to the last cannot be controverted. The laws of Louisiana authorize its tribunals under certain conditions to reject (rom the count not only the entire vote of a precinct, but tho entire vote of a parish, SEVENTEEN PARISHES BULL-DOZED, In conclusion, the commiitee say that the testimony ta 18 not sufficiently compiele to enable them to say positively what would bave beea the result of the election in the State if intimidation had not been em- ployed atall. But organizea intimidation is charged against seventeen parishes of the State. Against forty no such charges are made, In those forty parishes the colored registration numbered 87,909, and tho white registration numbered 72,034, jority of colored voters registered of 15,965, A REPUBLICAN MAJORITY. Those forty parishes returned 65,747 republican votes and 59,392 democratic votes, so that in that part of the State where intimidauon is not charged there was a republican majority of 6,353 votes. 111s not pretended that the same argument#, &c., were employea in the forty parishes that were employed in the. other seveu- teen, but tbo results are very different, In the seven- teen purishes said to have been terrorized the colored registration was 27,269 and the white rogistration was 20,320, giving a majority of colored vowcrs of 6,949, nearly one half as large as the colored majority 1n all the rest of the State. But the yote in the seventeen parishes, as returned, showed but 10,97! republicans and 21,123 democrats. in tho seventec parishes, where there was a majority of nearly 7, colored voters registered, there was a inajority of 10, democratic votes returned. The report 1s signed by all the republican Senators on the committee. TENNE: 5. [BY TELEGRAPH TO THE HERALD.) Nasnvinte, Mareh 2, 187% Sonators Martin and Arledge, with Representatives Savago, Travis and Shepherd, have been elected by the gislature to confer with the bondholders at New York, They have addressed a despatch to George 8. Joe and others to-night asking that they will meet 1 in New York at th rliest convenience, THE. AMERIQU FURTHER EFFORTS TO FLOAT THE STEAMER, [BY TELEGRAPH TO THE HERALD.) Honsr N. J., March 2, 1877. This morning although the wind was favorable and | tide quite bigh, no attempt was mado to float the steamer Amerique, it belng concluded to wait until this evening’s bigh water, and if the wind remained southeust, to endeavor to make sure work of tho job to-night, About three o'clock P.M. the wind veered around to southwest, and con- tinned to blow a guile from thas quarter till avout aoven o'clock, when it again sifted to the south. cast, much to the delight of those engaged in floating the Amerique, They tuuled her to-night about tive feet south, and Ler stern between ton and twelve feet seaward, but accomplished notnit They ou the lines that connected them with the shore before hauling on the steamer, and have now no communica tion with the shore. They are still working at hor, THE CANAL CA Avasy, N. ¥., March 2, 1977, The Denison canal case has been adjourned to the 29th of March, jeaving a ma- | THE SILVER COMMISSION A Summary of the Conclu- sions Arrived At. UNRESTRICTED COINAGE OF GOLD AND SILVER eer ectninls The Relation of Europe to the Bi-Metal- tic Standard, —— Wasuixctox, Mareb 2, 1877, The following are the conclusions of the report of the Silver Commission, which was presented to Con- gress to-day, signed vy Senators Jones, of Nevada, and Bogy; Representatives Willard and Bland, and Mr, Willtam 8, Groesbeck, Upon the facts and considerations hereinbefore set forth, and alter carefully weighing the views presented to them orally and in writing by various persons, tho commission submit the following answers to the ques- tions referred to them by Congress:— First—The first question ro! to the causes of the recent change in the relative value of gold and silver and to the effect of that change upon the trade, com- merce, finance and the productive: int ta of the country, This commission concur in the following opinion of the British Silvor Commission of 1876:—‘‘That the re- cent increase in the production of silver is not one of the principal causes of decline in {ts relative value, Notwithstanaing the late riso in the production of sil- ver as compared with gold its proportion to gojd is still considerably below what it was in 1848, to say nothing of the period when the proportion was three to one, and tho conclusion seems justified that a review of the relations of the metals in timos past shows that the fall inthe price of silver is not due to auy excessive production as compared with gold.” It is not now seriously maintained anywhere that any recent fact in the production of silver is among the causcs of its relative decline, Changes in the purchasing power of the precious metals must always aud vory speedily affect the quan- tity of their production; but changes I the quantity of their production affect their value as money so closely and insensibly that thoy muy be sald not to affect it at all for any purposes ordinarily deemed to be practical, as mankind chiefly concern thomselves with the interests and affairs of their own generation. This difference arises from the insignificance of the annual production of the precious metals tn compari- son with the accumulated stock held in the world, and this difference exists in respect to either of the metals separately as well as in respect to the two metals com- bined, The causes ot the’ recent chango in the relation of gold and silver are mainly tho demonetization of silver by Germany, the Unitod Statos and uvther coun- trics, and the closing of mints against silver, which resulted from these demonetizations, THE ASIaTIC DEMAND, Theso principal causes were aided by a contempo- rancous diminution of the Asiatic domand for silver and by evormous ex ggerations of the actual and pros- Pective yield of the Novada silver mines, and the effect of all these causes, principal and accessory, reached its culminating point in tho panic of July, 1876. Inthe London silver market many of these causes are cssen- tally temporary, The Asiatic demand for silver has already recovered its accustomed force, and the delu- sions in respect to tho Nevada mineé no longer exist. In the opinion of the commission, if the United States restore the double standard the progress of demonetiz- ing silver will ve decisively checked. The effects of the demonetization s0 far accomplished, and of the re- sulting disturbance of the relative eof gold and silver upon trade, commerce, finance and productive interest& in this country and throughout the commer- cial world have been signally disastrous, and especially to the countries which have recently demoneuzed silver, or in which the gold standard was alroady established. A UNIVERSAL PALL OP PRICES. In all commerctal countrigg the same phenomena are simultaneously presented, of tailing prices of com- modities and real estate, diminishing public revonucs, starving, poorly paid and unemployed laborers and rapidly multiplying bankruptcies, Thee ts, exist. ing everywhere, must arias irom some cause operating everywhere, und po such cause is or can be pointed out except the progress made in oontracting the standard of values from gold and silver to gold alone, This distress dates with the law of the United States of February 12, 1873, apd the law of Germany of July, 1873, giving practical effect to a previous decree of that Empire of December 4, 1871, for tho establishment of a single gold standard, The demonstration of the nature of the mischief seems complete; what the world has witnessed immediately following a copcerted movement to domonetize silver isp cisely that fall in prices, ruin of prodactive interests and increase 1n the absorbing power of moneyed capl- tal which could not fail to attend a sudden narrowing of the measures of values as all dobts, public and pri- vate, in Europe and America have been contracted when prices were regulated by the general existence ofa measure of values consisting of the two metals of about equal proportions in the world’s stock. To an- mihilate the monetary function of one must greatiy increase the purchasing power of the other and greatly roduce prices, Silver tothe amount of $3,000,000,000 in coins, the accumalation of filty centuries, is su worked into the web and woof of the world’s commerce that it cannot be discarded without commercial, political and sovial catastrophy. The evil is cnormously aggravated by solecting gold as the metal to be retained, and silver as the metal to be given up. Tne supply of gold is diminishing, being now but littie wnore than half what it was in 1852, and 1s always so fittul and irregular irom the manner of its production that no metal is so ill-suited to be a sule measure of values, Placer washings require little or no capital, and are soon exhausted, The mining of silver, ou the other hand, as it can neither be commenced without Capital nor abandoned without the loss of heavy in- vestments, 18 comparatively steady. It is this pro- duction of silver which is the moderator of the fluctuations of gold, and which during the sudden and enormous additional supplies of gold since 1848 has saved the commercial world trom ruinuus disuster? The California and Australian placers would re in- flicted practical coniiscation upon the creditor classes if the silver which many of them now seek to discard had not protected them. THE RELATION OF GOLD AND SILVER, Second,—The second question covers the two points of the restoration of the double standard in this country, and of the best legal relation betwoen gold and silver. ‘The commission recommend the restoration and the. unrestricted coinage of both metals of the double standérd, but are unable to agree upon the best legal relation of tho two metals, The views of individ members of the cominission are hereunto appended, CONTINUING LAGAL TENDER NOTES, Third.—The third question relates to vhe policy of continuing legal tender notes currently with the me- tallic standards and the eilects therco! upon the labor, industries and wealth of the country. The cominis- sion do not suppose that it 1s possible to maintain paper tn actual concurrent circulation with com wuless the paper is made equal m market value to coin by actuul convertibility into it, and that the auswer to this question inay be embraced in the answer to the fourth and last question, which relates to the resump- on of apecte payments, SPECIE RESUMPTION, Fourth, —Tho fourth question covers the best means for providing for iacilitauing the resumption of specie payments, The opinions of the witnesses examined Upon this point aud the Views upoa it which are con- tained in written communications addressed to the commission are varions and contradictory. The ex- perience of other countries furmshes fittle aid in reaching conclusions which can command confidence, The geuerai fact in regard to paper moncy issued di- rectly by governments and having a forced curreney is that it has never been redeemed im coin. In many cases Jt has disappeared by progressive de- preciation and inal ~—srepudiation, as in the early history of our own’ National independence. Iu the two empires of the present day covering the greatest extent of territorial area, Russia and Brazil, such paper money bas existed in the first jor a century and in the second for about hull that tine. In Russia there have been excessive issues and occastonal partial repuaiations, or redemptions at a Pp plage. In Brazil the paper seems to bave been maintained at @ close and steady approximation to the value of coin, The ovly conspicuous example ot a government resumption is tuat of Kngland in 1 The suspension of com payments in that cuso was not in form that of the government but, in substance, it was so from the intimacy of the relations between the government and the suspending Bauk of England, and as the government itself gavo up coim payments and tendered nothing to the holders Of national obligations but depreciatcd bank notes, nothing seems to be certain, except that tho British resumption of 1821, ag it was actually accomplished, was followed by on unexampled commercial and ju dustrial depression, © ng neorly the period of a gencration, Ibe economical writers and authorities of that country do not agroe that the resumption wag finally effected’ in the most judicious modo, and still less do they agree as 10 What Would have been a bettor mode. luis not possible, therefore, to draw from that his- | torical examplo mach to-enlighten us as to the proper | how purs States. «! wintssion have Veen able to arrive at only the glo conciusion, hat resumpuion im this coantry is not practicable wider the circumstances until the ex- isting laws making gold the sole metallic logal tender are repealed. Resumption while thosd jaws remain tn force is the establishment of an exclusive gold stan- dard in the United States, Just as Englisn resumption in 1821 gave effect to the English Gold law of 1816. That the Wo precious motals together aro adeauate to main. tain existing prices 13 made at least doubtful by too fact that so many countries have abandoned coin pay- ments Within receut years and have resorted to paper money, tiadequacy of gold alone fs appar- ent. Germany, Great Britain aud Franco are the only - PR oR TG ie three tn the world which havo any consider- able qGantity of it, and the maximum estimates of ail they have will nui exceed $1,500,000,000. ltis not suggested that there are any available and Ne diaposab! quantities elsewhere. In the opinion of the commis- sion, the total quantities inthe Western World are much exaggerated in the average estimates of statis- ucians, Germany commenced its march, not yet completed, toa single gold standard, unembarrassed by national or foreign debt of any kiud, and with atribute exacted from France of $1,000,000,000, If the German movement under these fuvoring circumstances bas resulted in such a great commorcial disturbance and such keenness of ae distress, it may be anticipated what the Guancial ruin will vein this country if it shall persist in the same movement under the weight of enormous debts, public and private. SILVER KSSENTIAL TO SPRCIE PAYMENTS, In the opinion of the commission the remonetization of silver is a measure essential to specie Poy oay and may make such payments practicable, Both the debt paying tmetels are found under our own flag, anda both are necded, and in the fullest measure, to accomplish the task. It is not an easy one at the best, but the en- of the American people may be found equal to it jot deprived of one-half of their ancient and constitutional money, The commission believe that the remonetization of silver in this country will powertul Influence in preventing, and Ligne prevent, the domonetization of silver tu Fran! and other Europeau countries in which the double standard is still legally and theoretically maine tatned. But :f, notwithstandipg remonetization here, further European aemonetization shall take place, the result for us will be ay advantageous exchange of com- modities which we can spare for imuney which we need, ‘The silver of Europe, disposable in the event of turther demonetizations of it on that Continent, will not come tousasa gift. It will come, if at all, in payment tor commodities and 19 transactions which will be free and yountary oo the part of our citizens, who may be trusted “to take care of their own interests, Such transactions. will give a much needed stimulus to our commerce, and cannot fall to be made on terms which will be advantageous to us, Nations canoe suddenly dispose of a censiderable mass of eithor metal without a loss {rom the temporary fall in its price, and this loss becomes the profit of the pur- chasers when the old price is recovered, A FLOOD OF SILVER. Being flooded with the silver of Europe, now treated by many persons ag an alarming danger, is being flooded wih one of the preciocs metals and with) money. Silver the same thing, whether obtained by commerce with Europe or from the Comstock lode, and those who oppose our re- ceiving it from abroad mi losiro soe our mines: closed at home. If the States of the Lotin Union or other countries in Europe abandon the double standard alter we readopt it, or because we readopt tt, it will be a mistake in policy on their part of whith all the ad- vantages will inure to us, It would inaugurate in the United States an era of prosperity based upon solid money obtained upon profitable terms and under cir-, cuinstances neosssarily stimulating to our industry and commerce. ‘ 7 KUROPE AXD THE DOUBLE STANDARD, w pean nations may possibly adopt it, instead of being reasous for perseverance in the attempt to establish it in the United States, are precisely the facts which muke such an attempt entirely impracticable and which would make the success of such an attempt more overwhelmingly ruinous. If the nations on the Continent of Europe had the double standard a gold standard would be possible here, because in that con- dition they would freely exchange gold for silver. It was that condition which enabied Kngland to resume specie payments in gold in 1821, The attatnment of such standard becomes difficult precisely in proportion to the number of countrics simultaneously engaged in striving alter it, and it 1s prasiialy in the game proportion that the ruinous ef- focts of striving aftor it ares aggravated. To propose to this country a contest fora gold standard with the European nations is to propose to it a disastrous race, reducing the prices of commodities and searnrettng, the burden of debts, in which all the contestants will suffer immeasurably, and the victors even more than the vanquished, 4 RLAND. WILLIAM S. GROESBECK, JOHN L, JONES, LEWIS V. BOGY. GEORGE WILLARD, In the accompanying individual reports Senator Bogy and Representative Willard recommend fixing the silver stanaard atl534. Mr. Groesbeck and Rep- resentative Bland recommend the standard at 16 98-100, the present standard, until after an international con- ference, but agree with the threo last named in favor of remonetization, Senator Boutwell, Representative Gibson and Pro- fessor Bowen, of Cathbridge, report in tavor of a sin gle gold standard, restricting the use of silver as money to small coins with its present or only slightly in- creased legal tenaer limit, MR. UOUTWELL'S MINORITY REPORT. The minority report of Mr. Boutwell concludes as follows :— “The evidence taken before the committee tends to show that there is a larger public sentiment in Europe in favor of the remonetization of silver tham’has here- tofore existed, ana that a proposition from the govern- ment of the United States looking to a convention will be accepted by the governments of Europe, and that whe result of the dohberations of such a convention wil! be favorable to the plan suggested. “On the other side, it 18 to bo apprehended that the remonetization of silver by the United States at the present time would be followed by such a depreciation 1n 1ts value as to furnish a reason against the adoption of the plan by the rest of the world, and that an inde- pendent movement on our part would increase the difficultics ratuer than diminish them. However that may be, the undersigned is of opinion that the intro- duction of silver asacurrency should be postponed until the effort to secure the co-operation of other na- tions has been faithfully tried.” OUR GOVEKNMENT, Mr. Enoch L, Fancher, ex-Judge of the Supreme Court of this State, lectured last evening before the Liberal Club at Science Hall, No, 141 Eighth strect, Mr. Fancher’s subject was ‘Constitutional Government of the United States, and the Duty of Citizens Under It.” The speaker profaced his discourse by remarking that it was now the moment when thoughtful mon should utter well considered words touching the government of these United States, that the peoplo of this great nation may continuo to live in peace and prosperity; that they may be protected in the enjoyment of their rights. Men had no right to abjure society, throw off its restraints, and attempt solitary lives. But to be members of society they must be subjects of law, He spoke of constitutional morality, which, according to Grote, moans a paramount detercnce for the forms of the constitution, It had been said that all gov. ernment was founded on election, and that most of the governmen' of the world had originated im force, A splendid example of a govern- ment of olection had existed in this tavored land for 100 years, und the great problem belore the American peo- ple was whether {t should continue to exist. The lec- turer spoke at great length of the privileges of the United Siates, and gave ao interesting bistory of the constitution of the present day. The duty of citizens ‘was to obey the laws of the State, to look to its inter- ests, and be subject to the civil authority. Nothing could justify resistance to that authority but indis- pensabdle necessity. Love of country and patriotism were demanued of us because wo enjoyed a form of governmont that protected civil and religious liberty, At the closo of his remarks Colonel Dawson con- tinued the subject of the government, and remarked that he would give his right arm to have Sam Til- den elected President of the United States. In spite of the hisses which followed this declaration the speaker declared that the republicans hed done s0 much to damage their party 1m the last four years that aw they had tour years more thero would not be a grease szot left of them. THE CUBAN AGENCY, Mr, Miguol de Aldaima, the well known Cuban pa- triot, undor whose auspices a jurge number of expedi- tions have left these shores, has received official notit- cation from the President of the Republic of Cuba that his resignation had been accepted and that he was no longer Cuban agent in this city, A Heranp reporter yesterday received from Mr. Aldama the following statement of tho caso "I have held the position of agent of the Cuban Republic here for a number ot yeurs, but my health will not permit iny holding tt any jonger. I held it from August L, 1869, to Jano, 1871. Then it was held by General F, V. Aguilera, Setor Mayoyo, and for a short period by Genern! Quesada, In + burl ccept February, 1873, L again took hold of the ageuc have at last prevailed upon the government to ation. ”? ma thon showed the reporter the letter he ad Feecived accepting his resignation froin Hresident Eetrada, in Caba, dated February 2 Sumo otf the pas- suges ot the letter were of the most complimentary na- ture to Mr. Aldawa for his long and faithful services to “Cuba Libre’? Mr. Aldama then continued:—*Some Cubans are glad that the agency, Is suppressed, others not, 1 trust and believe it will cause no dissersions among our patriots here. The Cuban government has net appointed any successor to me. Perhaps individual lly ay be more successtul in fending out expedi- tou L have been of | The field is now open Hwish success to all, Mr. Eeheverria, the diplomatic agent, will continue his functions as usual” Feeling among the Cubans is much divided on the subject of the abolition of the agency, Some say that more expeditions wiil now be sent out to Cuba; others say the contrary. Several new secret Cuban organiza- tions are said to be forming, notably in this city, AMATEUR ATHLETIC SPORTS. The decision of the referee, Mr. White, In raling from tho track ofthe Metropolitan Riding Academy Mr. KE. C, Hoilske, of the Harlem Athletic Club, for antair waik- ing in Thursday evening’s amateur games, is protested against as wholly improper by Mr. A. Il. Tooker, Sec retary of the Harlem Athletic Club, who proposes to refer the matter to (ho several amateur athictic ciubs whose members Were present oo the occasion, Only on these assovitions covcurring in the reterce’s de- cision will the Harlem club accopt a decision they now | cousider alike upjust to the club and to Mr. Holsk FIRE IN LEONARD STREEY. A fire on the second floor of John Schmitt’s wheel- wright shop, No, 44 Leonard street, caused $250 loss on building and $500 on contents. The latter was cov- ered by insurance in the Rutgers Insurance Com- pany. | weight was cut, | mortem examin y AMUSEMENTS. ACADEMY OF MUSIC, Notwithstanding the-storm which ragod last night the auditorium of the Academy of Music was well filled with a brilliant audience. This was no doubt duo to the desire to mark their of the young American prima donna who has grown in favor with the public since her first uppearance on the stage in this city. The repetition of “The Daughter of the Regiment” enabled Miss Abbott to appear at her best in a rd/e with which she is very sympathetic and which does not make too great demands on a voice which is pleasing in quality but lacking in volume, Miss Abbott's singing of the title réle is Iikely to be Jonger remembered by its dramatic excellence than by any remarkablo wer OF sweetness of vocalization. But there is something botier in a singer than mere quality of Voice, sympathy and magnetisin, and these desirable ateri Miss Abbott sesses to a fuirextent. Her Preeredf Upnee att of the touching air ‘Convien Partir’’ jeft something to be desired, though it gained the artiste the honor of arceall {romWwn audience not disposed to be over critical, The want of volume in Mise Abvowt’s voice was also felt in the dering, of the duet in the second ac, ‘Strett insiem tutti we.” Signor Briguol gave efliciont support in the role of Louis, His method 18 excellent, and bis voice, which seems to-be for ali timo, gave asionishing re- sulls considering the wear aud tear to which Lis vocal organs = have been subjected during the pumberless has graced the lyric stage. Ha seems de: ed never to grow less. Signor Ferranti acted and sang eliectively the réle of Suipizio, The chorus was not very effec- tive, and med tv And some difficulty in keeping with the orchestra, The periormance, on the whole, was satisfactory, and on its conclusion the audience did the artists the honor of recalling them before the cur- tain. The concluding representation of the Abbott season in this city will be given at the matinde to-day, when Donizetti’s charming opera, **The Daughter of the Regiment,” will be repeated. MUSICAL AND DRAMATIC NOTES, Matinges will be given at all the theatres to-day. Mr. Rowe's engagement in New Orleans bas been a brilliant success, Wilhelm), the violinist, electrifiod the susceptible people of Cork on February 8. “*Mrs. Herman Vezin, at last accounts from London, was about to appear in “Article 47’? at the Globe Theatre. “Our Boarding House” has drawn crowded houses every evoning this week, and is in the height of a great success. Leon Vasseur 38 writing a new opera for the Bouffes Parisiens entitled “La Sorrentide.”” We trust that tho libretto will be less indecent than that of ‘La Timbale @Argent,? : Miss Abbott and her company will leave New York on Monday on an extended tour through the States. Sho gocs firat to Rochester; alterward sho will visit Buffalo and Cleveland, On Monday week “+A Trip to the Moon” will be,pro- duced at Booth’s Theatre, an amicable arrangement having been effected with the Kjralty Brothers, Tao scenery will be new and brilliant. On the samo day, March 12, “Fifth Avenue” 1s to be brought out at the Broad Street Theatro, Philadelphia. OBITUARY. JOEL T, HART. Tho death of Joel T. Hart, the sculptor, is an- nounced this morning from Florence, Italy. Ho was born in Clark county, Kentucky, in 1810, His educa- tion was restricted to a quarter’s schooling, but he was a great reador. He manifested a predilection for artat an early age, preferring sculpture and poetry above allelse, In 1830 be entered a stonecutter’s shop in Lexington and soon began to model busts in clay, making good likenesses of many prominent men of the day, among others General Jackson and Cassius M. Clay, The latter gave him h's first commission tora bustin marble, The work gavo so much satisfaction ‘that the artist was commissionod by the ‘Ladies’ Clay Association of Virginia’ to oxecuto a marble statue of Henry Clay, which now stands in the Capitol square at Richmond. He wont to Florence in 154% to execute this order, but the work was delayed in consequence of the loss of hie model by shipwreck and by other cir- cumstances, and 1t was not until 1859 that tho statue was laude. in the United States, Mr. Hart afterward the colossal bronze statue of Henry Clay which stands in Canal strect, New Orleans, and which every one who has ever been in tho’ Crescent City will remember. He bas resided in Florence since 1849, during which time he has executed many busis of eminent men and several ideal works. Among others of the latter class may be mentioned “Angelina” and “Il Penserosa.’” His Kentucky relatives reside at Loxington. The Clay statue, which adorns the Louis- ville Court House, is one of Hare's best productions His last effort, ‘The Triumph of Chastity,” has been subjected to a great deal of comment in this country and in Europe. Some of his poetry was favorably re- ceived and circulated principally in American news- Papers. SIR JUNG BAHADOOR, G. C. B. A cable despatch from Calcutta announces the death of Sir Jung Bahadoor, G. C. B. Jung Bahudoor Koou- war Ranajeo was a native of India, avd began his public career as an ensign in tho service of the King of Népaul. His career was a most remark- able one. Ho travelled through Northern India, and not until ho bad squandered the means of half tho petty chieftains of the North did ho return to the court of Népaal. He had no sooner recovered his spirits than he again started on a journey through the provinces to incite an insurrection against the King of Népaul, He was captured and taken across the froutier, where he was accorded a quasi liberty. “Upon his arrival at the royal residence he found that a quarrel had grown up votween an uncle of his, who was attached to the royat household, and a principal wife of tho King. The Queen proposed to him to kill his unciey and, hike & true servant, he agreed to do so with as much willingness, apparently, as he would have contracted to despatch the mouafch two months belore, In order to consummate the schemo big unclo was invited to the pal and a8 he was traversing a corridor 8 nephew sprang upon him from an alcove and murdered him in his tracks.” The preceding is what his biographer, Mr. Olipbant, says of bim; bat‘the London Times, of July 7, 1858, in a most sarcastic article, given | below, defends’ Jung Bahadoor in this ' affair, Tt alleges that ‘the death of the uncle was strictly an affair of State, and that bis sacritice f necesstiy, For this little act, however it may be viewed in a too critical light by modern civilization, tho young officer was recompensed by the Quen. He was speedily raised to be commavder-in-chief of the armies of N6paul, Then followed another remarkable exploit. Ata reunion of the nobles of Népaul he wished to ar- Test aud {prison one of his colleagues. When ho at- tempted to make the arrest ths officer resisted, whereupon Jung Bahadoor drew a pistol and killed him on the ball room floor, Tne vietum had fourteen friends present, and these one by ove Jung Bahadoor killed in big tracks, This interrupted the reception, but in less than a half au bour made him the head of the Ministry—all the rest being dead, As Promer of Népaul be visited England to show bis diamonds and ganuy trinkets. He was received everywherv, and {according to the Times, quoted above) cultivated the society of tho best ladies of the British capital, He learned enough during thts trip to tell hifn how to act when he went back to India.” When the Sepoy mu- tiny broke out in 1856 he rendored assistance to tho English, ard as a rosult, m 1858, was made a Com- mander of the Order of ‘the Bath, for notable servic rendered tho Queen at the siege of Luckn Tho granting of this decoration was the event which called forth the biographical sketch referred to above from tho London Times, z ECUTION, EDWARD THOMAS HANGED FOR THE MURDER OF RICHARD SHEFYIELD—TBE END OF A DE- PRAVED LIFE. (BY TELEGRAPH TO THE HERALD. ] Avnury, N. ¥., Mareh 2, 1877, Edward Thomas, the negro who killed Richard Sheffield, acolored tellow convict, with a shockmife, in Auburn Prison, Juno 10, 1875, was hanged here to-day. The gallows was erected within the County Jail, directly in tront of his cell, Thomas was neatly dressed in black. He advanced firmly to the scaffold, and, alter the reading of the death warrant by Sheriff Sanders, made a speech In a low but distinet voice, in which ho asserted that he did not menn to kill Shof- field, but merely to wound hin, AN KMPHATIC LESSON. Ho rebearsed the story of his Ife and held out his death ag a terrible exan: He ended by taking hold of the rope and saying:—"You see what it has brought mo to"? + nts pyixe rrayen, Prayer was offered by I Mr. Searls, Thomas Koecting with im. After shaking hands witb ull im. mediatery aronnd him, his arms and feot wore secured, the fatal noose adjusted and the black cap pulled over his head. His lost words were, 0 God! © Jesus!” A HARD Wy At fifteen minutes to cleven ty bod, rope supporting the unched into the air Ag sown ob the post. hard, and not until 2 Was ho pronounced dead by De, The fall broke two minutes Lo ley Shank, A MINAL 1 Thomas was born at Kast Hartiord, Conn., in May, 1850, and is consequently but iwenty-seven years old. He was sentenced to Sing Sing 10 1869 for fiteon years for breaking into a jewelry store in New York, and transferred to Auburn, where he committed the crime for which he was oxecuted, The koifo with which he Killed bs victim was made, at the hands of Justice, tho instrument of his own death, and was usod to cut the rope in the final scene, appreciation ; PLAY AND PASSION, 4 Walter Ryerson Stabs His Brother Charles After a Rubber, FLIGHT OF THE ASSASSIN. Two Broken Hearted Wives in the City of Newark, ‘This intest addition to the crimson-paged criminal calendar of Newark 1s a reminder of the story in Holy Writ of tho primal murder, the killing of Abel by his brother Cain. Tho Cain and Abel in this Newark trageay ure Walter A Ryerson and his brother Charies,’ In this case the younger brother Walter is the fratricide, and not the elder, and he, like Cato, ia a wanderer und a vagabond on the face of the earth, having thus far eluded the search of the po- lice, The fucts of the dreadful affair are ag follows:—No, 31 Arch sircet, Newark, is a plain, white painted two and @half story frame house, the comfortable home of a highly respectable family named Ryerson. The occupants are, or were until late on Thursday night, Mr. and Mrs. Ryerson, their two sons and their sons’ wives, with one grandchild— seven persons in all. Charles, the cldest son and tho victim of fratricidal anger, waa married acouple of years ago and hag a child about one year old. Waiter, the Cain of the tragedy, was married only on the 20th of January last to Lizzie M. Sleight, whose parents reside ou Parkhurst street, 1t was a happy home, sit- uated in a locality marked for |ts quict and respecta- bility. PATAL CARDS, About eight o'clock on Thursday ovoning a young” man named William F. Rhodes, a friend of Walter, called tg spend a social hour or two, Afier a pleasant chat, in which Walter and bis bride—they are neither of thom much beyond tweaty-one—wero pleasautly bantered about thoir honeymoon, the three youn; men gathered around # table and began a game of cards, There were no stakes) Toward ten o’clock, in order to intuse a greater spirit of rivalry and interest in the game, it was suggested that “chips” be used as stakes. They were, aud the game went on, on, first to anger and inaliy to the ter- rible shedding of biood. Oue or other of tho brothors—which is not positively known yet—was less succossful than the other—Walter, probably, Angry words passed, which ended in Walter seizing the pila of “chips” on tne tabio his brother had won and pase sionately flinging them at Charles, Instantly the brotbers, pale and quivering with rage, were upon their teot and locked in a personal renconire, Walter broke away aud passed to bis bedroom, Charles, the elder, followed quickly and struck his brother several times. In vain Rhodes, the two young wives and the elder Ryersons tried to interfere, Finally Walter whipped out from his pantaloons pocket a glistening deathlike knilo and buried it in his brother’s loft breast, over four inches downward in the direction of the heart. Such wae the anger and exeitemcut of Charles, abd tho quick aztion of his brother, that he did not Know he was stabbed until the blood gushed out und coursed down his bosom, crimsoning his clothing. Immediately he began to weaken and staggered to achair, Rhodes and tho other persons present say thoy gaw no kuile. A HARKOWING SCENE, When the condition of Charles was discovered by his young wile, tus parents, Rhodes and the wife of Walter the scene may bo much moro readily and easily imag ined than described, ‘The fury of tho few minutes bo- fore had given piaco to a deadly calm, Blood, ma meu-ure, acted like oil on the troubled waters. Wal- ter became so calin even that ho wrote a letter to his mother and brother imploring their.torgiveness, Ho then, with bis wife, hurried trom the piace, ‘The wile says they went to the house of her parents, in Parl hurst street, remained there some time, and then Wal- ter went away, where, she says, she does nut know, Meanwhilo the tumult in the Ryerson house and the summoning of ‘doctors alarmed the neighvorhood, and about eleven o'clock the police appeared. Search was mnie inside and outside of the heuxe for the Knife, batit was not found. Tho doctors found Obaries in a very dangerous condition. The knifo had entered at the aupertor border of the pecioral muscle, pressing downward, slightly around and glancing backward on arib. Whetber the wound has pierced the lung or not 18 yet to be ascertained. TUR DYING BROTHER, The wounded man was alive last night, but with only faint hopes ol his recovery. He was attended by Drs, O'Gorman, Mills, and one or two other physicians, The family struggle hard to conceal the facts 1m the cuse, Young Khoues was taken into custody yester- dey aud made the foliowing statement betore the Police Justice, alter which he was liberated on $200 bail, The younger brother, Waiter, picked up what chips ho had lett, threw them ut Charles, aud then went into his drvom; Charles followed bim and struck him twice; 1 seized hold of Charles, and, tuough he throw me over a washstand, clung to him until Walter ot out of the room; Charles again followed his rother and renewed the assault; at this time Walter dealt Charles a blow in the breast with his leit han but I saw no knifo used by him; Charles said durin, the Hight that if Walter was not his brother he pals cut his ——- — heart out; I saw Walter have a Run, which he got in his bedroom; it was double-barrelled ; whether it was joaded or not I cannot say, for it wag not used, his wile taking it awa: her people living in the house and some neighbors were attructed by the noise of the disturbance. WALTER'S LETTER left by Walter before his flight, which object to baving published, and which Was not discovered until, early” yesterday morning, when his wile returned to the Ryerson House, the fugitive says he will be far, far away when it is road, aud will never return, He expresses the greatest sorrow, accuses himsclfot having been selzed with a devil, but says, addressing Charles, “You know th: you began it, that it was your fault in the begining. He implores bis family to take good care of I. wife), and prays that God will pardon him and tw police In the lett his relativ care of those be bus left forever behind, ‘f thiuk his wife knows of his whereabouts. She ag: erated strongly to the contrary wuen iuterviewed last evening. She spoke of her husband us being areal good hearted fellow, and hoped sincerely he would return. He was employed ag ap enatmeller in a jewolry factory in Marsball street. He is described by those who Know him as rather a wild fellow. Charles, on the coutrary, bears an excellent reputation, At Douglass’s furniture store, where he was eluployed ag avarnisher, he is spoken of as an execedingly quiet young man. He admits that Waiter is rignt—that he struck the first blow. He expresses more concer: about bia brother than about himself. as no con plaint Las been made to the authorities against Walter no special efforts are beibg made to discover his hiding place. THY LAST NEWARK FRATRICIDE. About three years ago, mm Newark, two brothers named James and Alexander Birrell quarreliod over an evening meal—-one bad eaten the other's shurg before he reiurned home from work —and one stabb: the other to the heart. The fratricide escaped gallows, but was consigned to the Stato Prison for ¢ term of years, THE NEW STREET, PROPERTY OWNERS’ MEETING TO DISCUSS ITS USE AND VALUE—WILL 1T BE MADE? The third and last meeting of property owners t discuss tho practicubility aud feasibility of construct ing a strect along the sido of that part of the New Yoru and Brooklyn Bridge which will extend over this city was held yesterday before the committee which had been appointed to confer with the holders of property, Mr. Oswald Ottcndorter presided, Mr, Jackson 8. Schultz stated that he had made @ careful estimate of the amount and yalue of proporty to be used in the ing out ot the sv and found Uhat, excepting the French estate, twenty-nine full lots would have to be purchased, aud that these would certainly cost not more than $1,000,000, Of this tv was proposed that the city sbould pay one-third, the Bridge Company one-third and the persons whose property was to be bevelited by the Pro} ect the remaining third, It was further suggest Mr. Schultz said, that those persons who owned prop» erty nearest the bridge should: be assessed $1,000 per Jot forthe building of the thoroughfare; those next pearest, $900; Lhose on the next line, $800, and so on down 10 $100, The property holders could judgo for themselves whether this plun was reasonable or now Mr. Jobn J. Hill remarked that be did not think the consideration of building a street Was necessary at present, as the ervetion of the bridge was, as yet, only problematical. Hoe thought it better to wait une Ul ‘the bridge was completed before the question wag sidered. Mr, Hall sugg at that an underground ilroad be built fro Cny Halt to south street; but aw ik ow decided to gonstruct the avenue, he was of tho opinion that it wdhid be less ox. pensive to build it on the north side of the bridge, as sv wach grading would pot then be vecessary as if it were inid out on the south side, The speaker ofered for the consideration of the committee a resolution to this effect, Mr, Groom advocated the building of tho street on the north side of the bridge, Mr. 1, MoCaffory, representing the French estate, said ho beleved that the cost of the enterprise would be $4,000,000, and tk carried out the project would be of more ady: ‘ooklyn than to New York, inasmuch asthe bridge company would be the body’ really beneited, and it is owned two-thirds by Brooklyn and bet one-third by New York, att, MeCaflery did not think that the estate which he rep. resented would derive one cont’s worth of advantage from the schome. dir. O, mente of the any new outlay of oxy Mr. Potter sui it Wag HOt true that the new street Would ve of any ade vautaze to the city, bub that the Bridge Company would derive ailthe beneit trom it, Lf tke thorough= fare be built, said Mr, Potter, and the assessments be made as proposed, Now York will be calied upon for Feven-ninths of the expense, while Brooklya will be asked for oniy Gwo-ninths, Betore the meeting aujourned Mr. Otvendortor ane nounced that nouce would be given of the timo when the committee would make its inal report ta the Com mitteo of Citizens,