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. NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR, THE DAILY UERALD, published ror day in the year, three cents per copy (Sunday excluded). Ten dollars per year, or at rate of one dollar per month for any period less ils hs, or five dollars Jor six months, Sunday ed, free of postage. ws lotters or telegraphic dexpatebes must w York HENALD. kn yes should be properly sealed, Jeatious will not be returned. Rejected eom — PHILADELPUTA OFFICE—NO, 112 SOUTH SIXTH SPREE. LONDON OFFICE OF TUE NEW YORK HERALD— NO, 46 FLEET STREET, KIS OFF VENUK DE L'OPERA, NO, 7 STRADA PACE. a p, fin: DANICHKFRS, nk Princess Rovate BOOTHS THEATRE ACADEMY OF MUSI NIBLO'S GARDEN— GERMANIA THEATRE veiTeR Benue, EAGLE THATRE—Cuows or Tonys. STEINWAY WALUL—Txt! ACADEMY OF DESIG GRAND OPERA HO! BROOKLYN ACAD! BROADWAY THEAT PARISIAN VARIETL COLUMBIA OPERA HC OLYMPIC THRATRE- THEATRE COMIQUE— HELLER'S THEATRES TONY PASTOR'S THEA TIVOLI THEATRE—Val SAN FRANCISCO MINBI EGYPTIAN HALL—Van CHICKERING RALL—Davinsow TestinostaL, = Bit iota ata NOTICE 10 COUNTRY DEALERS. The Adams Express Company run a special newspaper train over the Pennsylvania Railroad and its connections, leaving Jerney City at a quarter past four A. M. daily and Sunday, curring the regular edition of the [Hxmaub as tar West ax Harrisburg and South to Washington, reaching Philadelphia at a quarter past six A. M. and ‘ashington at oue P.M, From our reports thismorning the probabilities are that the weather in New York to-day will be warmer and partly cloudy or clear, 4 Warn Strre ESTERDAY.—There was a much better feeling on the street, and this feeling was reflected by decided improve- ment in prices. Pacific Mail has almost alto- gether recovered its severe fall, and the stocks of the trunk lines are strong. Gold was steady at 105, after opening at 104%. Government stocks were firm, with little doing, while rail- road bonds were higher. Money on call was easy at 31g a 41, per cent, closing at 4 per cent on call. “Biessep Br Noturxe” is the moral of “Win- ter's Wanderings” to the weak minded. Tue Recuiar Spring Revoivtion in Mexico promises to break out shortly, and in Lerdo’s fayor. Two Distix ep Crtiz Donohue’s court yesterday for Massachusetts, with the probability of enjoying that Common- wealth’s hospitalities for a period of years. Ayotnen Nursaxce Terns Out to be no- body's business-—to-wit, the calcium lights in front of theatres. No wonder the people com- plain that the city government has too many heads. Maniresr that the horrible swill milk outra is still being perpetrated. Have not the Society for the Prevention of Cruelty to Animals ‘money enough to have uptown milkmen watched? It Become By tHe Way, where is the money dumped that is annually appropriated for cleaning the streets? We have not heard any complaints as yet from the officials as to a difliculty in dispos, _ing of it. Ir At MEN were pronow ane, as one poor fellow was yesterday, for fearing he would lose his life at the hands of the police, what an enormous lunatic asylum New York would sud- denly become! Axotuer Fou BAR-OLD CHILD proves to haye been shockingly abused in training as a cireus performer. Humane people out of town will do Christian service by acting as spies and informers on managers of juvenile acrobats. Tue GENTLEMEN no Sexp to “Our Com- plaint Book” letters about the obstruction of sidewalks should have long ago learned that, city ordinances to the contrary notwithstanding, the pedestrian has no rights that the truck driver is bound to respect. If the ordinance against obstructing sidewalks was enforced for a single day it would keep busy all court officers for a month to collect the fine Wie tin Streer KANING Bureau accept ns satisfactory the su sful experiments by the kitehenmaids of New York and Brooklyn in cre- mating garbage? Or does it still find the study of the problem productive of an intellectual strain which can only be relieved by an appro- priation of thirty thousand dollars! An early ancwer to cither of these queries will be highly interesting to the public. We make due allow- ance, of course, for the demands of science, par- ticularly Street Cleaning Bureau chemistry and . engineering, the difficulty of resolving a tomcat into its original elements by high temperature and the stubbornfess with which an old boot filled with tea leaves resists amalgamation with a broken soda wate region to the was very rapid. The tated this progress, as the area of high pressure hhad previously moved northward to Newfound- land, leaving the eastward track of the low ba- rometer clear of wtmospheric obstruction, Tn deed, at no point in the region eastward of the Rocky Mountains did the pressure rise to thirty inches except in Manitoba, Southern Florida and over the mouth of the St. Law An extensive area of snow and rain attended th y barometer. ‘The precipitation prevaile Lake Michigan to the Atlantic, and durin morning as tar south as Tennessee. Snow fell on the Atlantic const at New . London and Boston. Except in Northern Minnesota the winds throughout the country were moderate. The temperature is very high in the Lower Mis- sisaippi Valley, moderate in the central, lnke and ‘Weatern districts, cool along the Atlantic coast northward of New York, and falls rapidly north- ward and westward of St. Paul. The variations of pressure and temperature in the central dis- triets favor the development of Jocal disturb- ances. Tho Missouri, Mississippi and the Upper Ohio have risen. The Lower Ohio, the Red and rivers have fallen. The weather in New York toxday will bo warmer and partly cloudy or clear. NEW YORK HERALD, FRIDAY, APRIL 6, 1877—TRIPLE SHEET. Ratiroad Property in the United States—A Great Opportunity for Sec- retary Sherman. i At last there has been a readjustment of through freight rates by the great trunk lines, and it seems to be of such o nature that it cannot be annulled in less than three months' time. A premature report of such an agreement had the effect of improving the prices of railway stocks, thus showing the public a fact which it has not closely enough considered—that the reduced, or “fighting,” rates, were unprofitable and con- trary to every sound business rule and prec- edent. We sincerely trust that this new adjustment will be permanent. It is for the general interest of the country that ourrailroads should be prosperous. In the depressed condition of general busi- ness the railroads necessarily suffer. It is impossible for them to regain any real prosperity until business revives. But it is a great folly for them to sacrifice the profit on the diminished amount of freights which remains to them by a ruin- ous competition with one another. We hope that all parties to the compact will act in good faith, and we regret that the Decem- ber arrangement was broken by one of the roads, precipitating the fresh quarrel which has led to this new attempt at adjustment. We approach the subject now in a very different view from the interest of the rail- roads. Wo desire to gain the attention of the Secretary of the Treasury and point out to him a great opportunity which he cannot afford to let stip. A finance minister ought to be avery active-minded man, es- pecially when ao gigantic task is laid upon him. Nothing is so fluctuating and unsta- Dle as the condition of the financial world— not even the varying states of weather which affect the navigation of a ship on the ocean, §uccessful management of the fiscal affairs of a great government requires as much alertness of observation as the management of a vast private business. If a merchant has no forecast of the market, if he is not keenly alive tothe immediate situation, if he does not seize the nick of time to buy or to sell, he was not born to make a fortune. A finance minister needs the same ready perception of emerging conditions. It will not do for him to hesitate when he ought to act. It is an old lesson that time and tide wait for no man. If Secretary Sherman is not keen, quick and courageous enough to recognize the great opportunities which fall in his way and make the most of them be- fore they pass he will fail to acquire the reputation which is within his reach. We respectfully call his attention to the splendid opportunity which is presented to him in the present unfortunate condition of railroad property in the United States, What, it may be asked, has the Secretary of the Treasury to do with railroad prop- erty? Directly, to be sure, nothing; but incidentally a great deal. He is intellec- tually narrow and financially blind if he does not perceive the connection. One of his chief tasks is to refund something like a thousand millions of six per cent bonds, replacing them by bonds bearing only four and a half or four per cent interest. This is a truly gigantic operation, but Secre- tary Sherman may conduct it with speedy and brilliant success if he has a clear perception of financial relations and confidence enough in his own judgment to act on it with boldness and vigor. But he must see that the cardinal feature of the situation, a feature as transient as it is im- portant, is the present loss of confidence in railroad securities. We can make this very plain with a little explanation. Itis a necessity for capitalists to invest their money. They prefer a large return if they can feel secure in get- ting it, but a moderate interest with safety and disposability appeals more strongly to this conservative instinct. At present no investments are considered as more absolutely safe than the bonds of the United States, and few are thought more hazardous than the railroad securities of this country, which have heretofore been a favorite investment of European capital. Now, the point for Secretary Sherman to perceive and act upon is that the flow of foreign capital into American railway stocks is arrested and blocked, and that while the stream is effectually dammed up in that di- rection it can be easily diverted into the safe channel of our government bonds. If he does not realize this he is conspicu- ously unequal to his position. If he is sagacious enough, courageous enough and prompt enough he can refund the whole amount of the remaining six per cent tonds into bonds bearing a low rate of interest by taking advantage of the distrust which has lately fallen on other classes of securities. Not only has confidence in American rail- way bonds, but in all kinds of South American bonds, in Turkish bonds, in Egyptian bonds, and in various securitios which have of late years absorbed vast amounts of English capital, been shaken and prostrated. With the prospect of a great European war imminent the securi- ties of the most solid governments of the Continent cannot be deemed very attractive. The stream of European capital, which hap- | pens just now to be dammed up in so many other directions, should naturully flow into the government bonds of the United States, which never stood so high in financial esti- mation as they do at present. Does Secre- tary Sherman appreciate this great opportu. nity? With thousand millions of six per cent bonds to refund, does he perceive his ability to tap all the great money markets of | Europe? | The process by which this is to be done is as simple and intelligible as the funda- mental basis of the operation is assured. He is under no necessily of forcing European holders to sell their American railroad bonds, Turkish bonds, South American bonds, and other securities with which they feel that they have been so badly bitten, in order to reinvest the proceeds in the bonds of the United States. Such a plan of opera- tions would be chimerical. The strong point of Secretary Sherman's position, if he really understands it, is that he docs not need to call for a loan of new capital. It is the capital which is alrendy invested in our government bonds that is to be asked to take a’ different security of the same kind. If he is bold enough | hero—the The tive-twenty bonds are redeemable at the pleasure of the government since the expi- ration of the first five years of the twenty. Secretary Sherman has only to give notice that he will pay them in gold, and he will compel their holders to consider what they will do with their money when they get it. It is certain that they will not take the hazard of investing it in any of the various classes of securities which happen just now to be in notorious discredit. A sense of interest and safety will constrain them to take the new government bonds in exchange as the best security available in the present state of the financial world. With fifty millions of gold at his disposal in the Treasury Secretary Sherman can easily and rapidly refund the six per cent five-twenties by successive fifty million instalments, Monumental Mud and Garbage Piles. What opportunities these enlightened Officials of the Street Cleaning Bureau miss in dealing with the city dirt! They tell us that when spread out thinly over a large area, such as that represented by the streets and avenues, it is not hurtful to public health; that if collected in a mass, as in the channel of Little Hell Gate, for instance, it is perfectly harmless. Now, they deal with this dirt so tenderly that we are forced to infer from their arguments that it is really a blessing instead of a curse to New York. Such is the height to which science can soar above the vulgar level of public opinion and common sense that we begin to doubt the evidences of our eyes and noses. Why do not these officials immortalize themselves while they have the opportunity? The prehistoric races of this continent built monster mounds, in which they buried their dead, ant, in some instances, their treasures. Now, the officials of the Street Cleaning Bureau might imitate their example and erect, say in the middle of Union or Madison square, grand monu- mental piles or mounds of mud and garbage. Itis absurd to say that this combining of the useful with the ornamental should not be employed in the solution of the garbage problem. We would have, first, a splendid dumping ground, which is sadly needed ; second, a stupendous pyramid of filth, odorless, by the way, which would in future ages furnish material for the Schliemanns of the period—a glorious pile for excavation and discovery ; and, third, we would have an appropriate place of sepulture for the authors and builders of the vast monuments. When the spaces in the pub- lic squares are filled branch works can be constructed along the prin- cipal thoroughfares. Fifth avenue, for instance, can become the Boulevard des Animauz Morts from the curious collection of carrion that could be artistically arranged along its entire length, Third avenue would rise from its vulgarity as a mere busi- ness road to the Avenue des Tombereaux, and the space at the entrance to the Central Park can be called the Cirque des Parfums Terribles. Really, this is the day of mag- nificent opportunities for the Street Clean- ing Bureau officials. Bismarck’s, Retirement. Speculation is still active as to che nature of the causes that havo induced Prince Bismarck to insist upon withdrawing him- self from public life; for there seems to be but one general rule in regard to such cases, which is, not to believe that the cause assigned is the real cause. Opinion at first fixed upon the rupture with Von Stosch and its consequences as sufficient causes; but now it is declared that not even his brother Jonathan was so pleasant to David as Bis- marck and Von Stosch are to one another. From a perception that if the Von Stosch quarrel were explained away people would endeavor to find the cause in differences between the Emperor and the Prince in the complications of foreign poli- tics, an early and kindly denial has been sent, declaring that the step taken has no relation to any such facts. There is, per- haps, not so much uncertainty on this sub- ject in Berlin as there seems, though thero is, perhaps, some hesitation in distinctly re- ferring to it. There has been a powerful court clique bitterly opposed to Bismarck for several years, and one of the fiercest of his foes in that clique—indeed, the lender of them—is the Empress Augusta. As it is hinted that the cause of the present decision is “something that occurred at court” it would probably not be far out of the way to attribute the Prince’s course to some fierce chagrin provoked by the disfavor of the Empress. An Imterview with Grant, The good wishes of the people of the United States will accompany General Grant wherever he may go and in whatever he may do. Now that he is outof office all unkind feeling growing out of political differences seems to have disappeared, and the General becomes again the nation’s successful soldier of the great rebellion. The St. Louis interview with the ex-President, published in the Herranp to-day, shows with what a relish he enjoys his return to private life, his release from a __ position of anxiety, care and responsibility. There is evident genuineness in‘ the satisfaction with which the General alludes to his future plans and contemplated wanderings. He will have a pleasant time abroad, where he will be reccived and welcomed as an honored and distinguished gaest. The sound doc- trine he now proclaims and his warm in- dorsement of his successor's Southern policy will leave a pleasurable remembrance be- hind him, Perjury. In two cases tried before the Recorder the other day the culprits were concerned in the same crime and the evidence against them was the same; but one was acquitted and the other found guilty. He who was acquitted had “proved” an alibi, which the jury ac- cepted as against the other evidence. From the words of the Recorder, spoken in court, it would appear that there was no reason able doubt of the guilt of the person who escaped a prison through this evidence as to his whereabouts. It follows, theretore, that the person or persons who swore to the alibi the authorities must stand with folded hands—if it is not the duty of some officer to hunt down the perjurer who thus defeats justice—the criminal law is all a mere farce, The Jewett Tragedy. Out of the smoke of the hand grenade ex- plosion in Front street, yesterday, come the dim outlines of a terrible tragedy which is gradually taking shape as a murder and o suicide, All the evidence obtained up to the present time points to the first, while the second appears to be only alittle less certain. The two deaths that havo resulted have unfortunately removed from the inves- tigation the two witnesses who could have given any explanation as to the cause of the catastrophe. The survivor, Mr. Dean, ap- pears to be only a victim who has no knowl- edge of the affair beyond the fact of his sud- den wounds being caused by a terrible ex- plosion which killed one of his companions and wounded another, But an investi- gation, promptly set on foot by the Hznaup reporters and published to-day, shows that behind the mystery there are two facts which will undoubtedly assist in its solution. One of these is that Orville D. Jewett was not on good terms with his uncle and partner, and the other that he was be- lieved to be insane by his acquaintances, The cause of the ill will toward the elder Jewett is said to be a morbid irritableness on the part of the nephew and a desire on the uncle’s part to close all business rela- tions with him, Orville D. Jewett appears to have been a drag-block on the firm. He was ill tempered, careless and inactive asa business man, and took every opportunity to make himself disagreeable. His uncle, who possessed the friendship and esteem of all his brother merchants and held a place in the front rank of our business com- munity, was anxious to secure immunity from the annoyances that were heaped on him by this cross-grained member of his firm. His friend, Mr. Dean, agreed to purchase Orville’s share for a certain sum, The papers were already pre- pared and awaiting the signatures of the parties, when yesterday morning young Jewett threw a percussion hand grenade at his unclo’s feet and killed him by its explosion. ‘The fireman, who entered the office immediately after the alarm was given, says he heard a second report as of a small firearm, and found Orville D. Jewett onthe ground with his vest burning, as if he had placed a pistol to his heart and fired. Tho pistol was found by his side with one chamber empty and a freshly exploded cap on the nipple. One theory of the tragedy, therefore, was, that after throwing the grenade on the floor and being wounded by its ex- plosion Orville D. Jewett drew his pisto} and fired the charge of one chamber into his breast, thus adding to the crime of murder that of suicide, A subsequent examination of Orville’s body, however, shows that no bullet wound is visible, so that the pistol theory must be abandoned. He was, with- out doubt, fatally injured bythe explosion that killed his uncle. Tweed’s Disclosures. Every person will readily appreciate the anxiety of a large number of politicians and others with regard to the disclosures that it is hinted may result from ‘'weed’s ‘‘surren- der,” but it is a matter of public concern that that anxiety shall not impede the course of justice. Tweed’s proposition to restore to the authorities all the money he has left of what was unlawfully taken is a good one; but such restitution is a very inadequate return. If several millions are taken and only several hundred thousands remain to be restored such a return, na- kedly proffered, might justly be rejected as insufficient. But if, in addition to the money he actually returns, the accused is willing to give an account of what became of the rest, to put the authorities, so far as he is able, in the way to continue their endeavors to ex- tort the plunder from those who hold it, this proffer is a substantial addition to the proffer of the money in possession. It covers all that a man in the position of Tweed could possibly do, and justice could fairly be satisfied with it. Thero should, therefore, be no misunderstanding on the part of Tweed. If he returns an account of what he did with the money, to whom he paid it, or gave it, or loaned it, with vouch- ers and evidence such as he possesses that his statement is true, he passes these over in lieu of money, and he must pass one or the other—the money or the evidence of what became of the money—before the authorities can deal with him with the leniency that in such a case would be proper. If Tweed permits himself to bo deterred from this transaction by the entreaties or other en- deavors of those whom his disclosures would injure he sacrifices himself to the interests of those persons. This would be a generous sacrifice not in the spirit of the rest of the transaction. Governor Robinson's Mistake. We have confidence in Governor Robin- son's integrity ond in his practical famil- iarity with the management and the inter- ests of the State canals. If he has made up his mind to continue the canals for the re- mainder of the present year under the control of the Canal Commissioners, and not to make another appointment of Commis- sioner of Public Works until next session of the Legislature, we ure satisfied that his conclusion is based on what he believes to be the public good. Nevertheless, we think he mukes a mistake. The present law in relation to the Superintendent of Public Works leaves the machinery of the canals untotched and.in working order. The change would only set aside the pres- ent three Commissioners and put in command of the machinery a sin- gle manager who would have the benefit of the Governor's valuable advice and instructions and be directly responsible to him for his official action. We can dis- cover nothing but what is desirable in this. It is true that he would step in to carry on plans commenced by other authority, but the experience would be valuable to him and he could remedy next year such faults and errors ashe might discover this year. The Governor can find fully qualified per- committed perjury; and if the case was as clear as the Recorder presents it there | he will not invite the exchange, but force it. should be no great difficulty in proving the | perjury. If in ciroumstances of this nature | est and familiar with all our canal interests, We believe he will make a mistake if he does not select and nominate such a person for the vacant office and thus secure at once the change of system provided by the con- stitutions! amendment. A Lawyer in Contempt. The present representative of the old and well known legal firm of Hill, Cagger & Porter, so well known in the Court of Ap- peals, managed this week to get into a grave difficulty with the judges. The mantle of Nicholas Hill has fallen on the shoulders of Samuel Hand, and few are the causes argued in the court of last resort in which Mr. Hand’s voice is not heard. On Wednesday last the counsel appeared for the plaintiffs in a case involving an alleged infringement upon the trade mark of certain fine im- ported brandies. To illustrate his remarks touching the flagrancy of the iniringement the counsel produced a sealed bottle of the brandy, a specimen of all the packages, and handed it to the Court for its examinatiun. After the adjournment of the Court the counsel was reminded of the grave omission of which he had been guilty by receiving letter from one of the judges calling to his attention with some severity a strict rule of the Court with which so experienced a practitioner should have been familiar. This rule requizes the submission and filing of sixteen copies of all exhibits for the use of the Court. Nodoubt the lawyer made proper amends for his contempt of court by supplying the necessary ‘‘ copies,” and a reference to them will no doubt incline the Court very strongly to his clients’ side. Such o ‘‘case” would be welcome to any good judges. Rats and Philanthropy. Out in Missouri they have done a dread- fal thing—they have put a price on the heads of a large uumber of the inhabitants. Every rat in the State of Missouri has been by law made worth five cents to the person who kills it. Here is an opportunity for Mr. Bergh’s society, ‘based on the best in- stincts of our nature.” It should organize a missionary expedition and carry to these heathen of the West the gospel of regard for the minor creatures. If the ‘best in- stincts of our nature” do not come bravely to the rescue when the whole race of rats is in danger what is the use of these beggarly instincts? No doubt these rats are found inconvenient in Missouri. But a little hu- man inconvenience, what is that to the grent principle of universal gush which has a heart for rats not less than for race- horses? One point is very clear—the State that possesses a ‘Society for the Preven- tion,” &c., is, in point of civilization, enor- mously superior to the State that does not possess such a society, and the superior State should send out missionaries to the other. This is a duty of the first impor- tance. PERSONAL INTELLIGENCE, Now is the time to set out {also ba! ‘Torchon Jaco is used on bonnets, dreases and parasols, “fo be, or not to be,” isthe question with regard to crinoline, Black camel’s hair polonaises are trimmed with wide galloon in India colors and patterns. Indolent Milton Sayler bas exquisitely wandered to Cincinnatl, and is out of violet broath, Ex-President Grant will bo the guest of Sonator Cameron, at Harrisburg, within a fortnight. Bulwer Lytton says:—“Life is short; while we speak it flies.” The same may be said of asparagus. D—noury News:—‘‘An exchange asks, ‘Moy cousins kiss?’ Certainly, if their aunts ain’t looking.”” When Tweed was trying to learn Spanish he could net hit the right acoont until he heard a schoolgirl trying to chew juyube paste. ‘Av American boy at school in England writes home vhat he went to dine with Mrs. A., and that they had soup ond tish, and tnen their dinner. Stanley jhews works too many routes at once, ike a green servant girl trying to put the pepper in through the holcs in the top of the cruet. Sydney Smith says that “manners are the shadows of virtues.’ That is probably the reason why the shadows ol & Congressman always grow less. ‘Among the bright-hued flowers aro seen the tiny yol- Jow buttercups, old-fasbioned marigolds, nasturtium, and great searlet and golden poppies, On bonnets. Detroit #ree Press:—‘‘Don’t go to the Black Hills to got rich. It is far easier to orgapizo a life insurance company and pay yourself a salary of $30,000 por year.” ‘When your wife puts ascuttle of coal on the top stair, and you have a race with it, to see which reaches bot- tom first, do not swear, but hercalter seo that youcarry it yourgolf, all the way up. There are so many bald-headed men tn the Chicago orchestra chairs thas an African chief who sat in the gallery the other night said he bad discovered a now way to pack ostrich eggs. Rome Sentinel. 0 Moravia Register aske, ‘Are American girls delicate?’ It depends very much whether you offer them cocoanut cake and ice cream, or a bar of soap and a washboard,” When a local paper says that the fruit crop ‘‘around here’’ is very encouraging you may be sure that thero are two feet of snow back of the south fences, and that thero is not a sign of a bud/on a tree, An ex-Congressman by tho name of Storm js about to enter the ministry. It is almost incredible that any one who has evor beon in Congress should repent; but we hope Stor will rain pitchforks on the other candidates. LITERARY CHIT-CHAT. “Rahn’s History of the Arts of Design in Switzer. land” is now finished at Zurich In three volumes. Sir John Lubbock has a bill before Parliament ‘for preserving ancient monuments,” which pfoposes that the British nation should take charge of all Roman and other antiquarian remains, many of which are now on private lands, and suffering swift destruction, Tne London Spectator sharply criticises Mrs, M. W. Chapman’s partof Miss Martineau's Memoirs,” and thinks that good lady has done something toward spoiling the work, Dr. J. J. Garth Wilkinson, the acate Swedenbor- gian, is still writing books full of vigorous and eloquent passages, though occasionally obscure. His latest ts on “Human Sctence and Divine Revelation.”” M. Guillemin’s latest book on the heavens, entitled, “The World of Comets,’ has the same characteristics of fine description and Joose mathematical science which mark his previous volumes, A new commercial weekly bas been started in Lon- don under the title of Financwl Opinion. ‘The permission to literary siudents to copy wilis im the London Probate OMice, at Doctor’s Commons, has been recently groatly extended, and the wills of Eng- lishmen as far back as 1700 will soon be an open secret for all curious tn such matters, The great work of Dr. Goldathor, “Mythology Among the Hebrews and Its Historical Development,” has been transiated into English by Russell Martineaa, and 18 pronounced a brillant book, controlled by scientific method, full of Oriental learning and en- thasiasm for the Hebrew race. The April number of the Literary World, publishea 4n Boston, will be the first under the now mui ment, K. H. Hates & Co. are the publishers and Kdward Abbott the editor. 7 Mr. Aloxander J. Ellis leads the British forcesfor a phonetic reform in spelling, the Utopian scheme still actively discussed In literary weeklies, It willbe a sons for the position in the State; men of ability and public experience, perfectly hon- great while before Mr. Kilis will persuade the world to spoll the word beau thus—"'ba,”” . TELEGRAPHIC NEWS From All Parts of the World. TEXT OF THE PROTOCOL, A Remarkable Document, Which Means Noth. ing, but May Mean Anything. BISMARCK’S RETIREMENT. Lively Times Probable in the Reichstag STORMS ON THE ATLANTIO [3x CABLE TO THE HERALD.) Lonpvow, April 6, 1877, Lord Derby, writing to Lord Loftus on March 13, gives in detail the statement made by Count Schouva- loff on presenting a draft of the protocol at the Fors eign Office. Count Schouvaloff stated that the object of Gonoral Ignatiefl’sjourtiey was to explain the real views of the Russian Cabinet and facilitate a pacific solution, After Russia’s seif-1mposed sacrifices, the stagnation of her commerce and the enormous expenditure incurred by tho mobilization of halt a million mon, she should not retire without having obtained some tangible result in regard vo tho improvement of the condition of the Turkish Christians, Tho Emperor desired peace, but not peace at any price. The Russian government fore- saw in the replies to Gortschakofl’s circular which the Powers wore then preparing tho possibility of a great danger. The agreement of the Powers established at the Conforence might be broken up in conse- quence of the shades of opinion manifested ia the replies, Would not that Wo the determining cause to induce Russia to soek a solution either by a direct understanding with the Porte or by force of arms? Under these circumstances the Russian gov- ernment thinks the most practical solution in the in- terests of peace would be the signing of the protecol, which would, 80 to speak, terminate tho incident, THE CHARGES D’AFFAIRES, Lord Derby, on April 2, instructed the Chargé d’Aflaires at Constantinople to point out to Saivet Pacha that the protoco] contains nothing to which the Porte could reasonably object, Several Chargés d@Affaires have asked Safvet Pacha what re- ception tho Porto intended to give the proto- col, Safvet says it is impossiblo to reply at present as no decisiom has been arrived at, On Saturday the Chargés will urge the Porte to receive the protocol favorably. The Cabinet will meet again to consider the matter. It is gonorally believed here that the Porte will send a diplomatic note to the Powors roplying to the protoco.h It is also stated that this question and that relative te Montenegro will be submitted to the Parliament, Great uncertainty and anxicty prevail. England hag again advised the Porte to make peace with Monte nogro, but, according to the latost iuformation, an arrangement appears difficult, The Porto is displeased with the protocol and raises special objections to the conditions of disarmament, The beliof is that it will dectine to disarm immediately. Tho Powers are mak+ ing great efforts to secure the maintenance of poace, The French government bas not decided about sende ing an Ambassador to Constantinopic as the disposie ton of the Porte scems less satisfactory than before, THE PROTOCOL IN FULL. The following is the fuil text of the protocol:— The Powers who commonly undertook the pacification of the East ond therefore pare ticipated im the Conference, recognize that the surest means of attaining that object before all to maintain the agreement catab- lished, and jointly to aflirm afresh the common inter. est they take in the improvement of tho condition of tbe Christians and the reforms in Bosnia, Herzegovina and Bulgaria, which the Porte accepted on the condi- tiou of itscif currying them into execution. They take cognizance of the treaty of peace with Servia, Kogarding Montenegro the Powers consider the rectifcation of the frontiers and the free navigation of the Bojana dosirablo in the interest of a solid and durable arrangement. The Powers con- sider the arrangements concluded or to bo concluded between the Porte and the two principalities as @ step accomplished vowards pacification, which is the object. of their common wishes. They invite the Porte to cons solidate it by replacing its armies on a peace footing, excepting the number of troops indispensable tor the maintenance of order, and by putting im band, with tho loast possible delay, the reforms necessary for the tranquillity and we! og of the provinces, the condi- tion of which was discussed atthe Conterence, They recognize that the Porte has declared itself ready to Tealize an important portion of them. They take cog- nizance, specially, of the circular of the Porte of F ruary 13, 1876, and of the declarations made by the Ottoman government during the conference and since, through its representatives. Tn view of these good intentions on the part of the Porte, and of its ovident interest to carry them immediately into effect, tho Powers believe they bave grounds tor hoping that the Porte will profit by the present lull to apply enorgetic cally such measures as will cause that effective impro ment in the condition of the Christian popul which is unanimously called for as indispensabie to the tranquillity of Europe; and tbat, having once entered on this ‘path, it will understand that it con- cerns its honor as woll us its ipterets to [pad severo in it loyally and _ efficactously. ‘ho Powers proposo to watch carefully, by means of their reprosentatives at Constantinople and their local agents, the manner in which the promises of the Ottoman government are carried into . If their bopes should once more disap- pointed, and if the condition of the Christian subjects of the Sultan should not be improved in a mauner to preventa return of the complications which periodi- cally disturb the peace of the Kast, they think it right to declare that such a state of aflairs would be incom. pativle with their intere: nd those of Earope in gen- eral. In such case they reserve to themsolves to con. sider in common as to tho means which they may m best fitted to secure tho wellbeing of the Chrige tian populations and the interests of general peace, MUNSTER, DERBY. LF, MENABREA, SCHOUVALOFY, Done at London, March 31, 1877. sarD, To the protocol are appended the minutes of the meeting held at the British Foreign Office, March 31, Count Schouvalof made the tollowing deciaration be- fore the signing of the protocol:—“If peace with Montenegro 18 concluded, and the Porte accepts the advice of Europo and shows itself roady to replace ita forces on a peace footing and seriously to andortake the retorms mentioned in the protocol, let it to St. Petersburg a special envoy to treat of disarma- ment, to which His Majesty the Emperor would also, on his part, consent. If massacres similar to those which havo stained Bulgaria with blood take place this would necessarily put a stop to the measures of demobilization,”? LORD DERBY DINOWNING IT, The tollowing declaration was made by Lord Derby before the signature of tho protocol:—'‘Inusmuch ag it ts solely in the interests of Kuropean peace that Her Majesty’s government havo consented to sign the pro- tocol proposed by Russia it is understood beforehand that, in tho event of the object proposed not being attained—vamely, reciprocal disarmament on the part ot Russia and Turkey, and peace between them, the protocol im question shall he regarded as null and void. ’? TO BE MADE PUBLIC TO-DAY, In the House of Commons yesterday afternoon Sir Staflord Nortncote, in reply to a question by Mr, Foster, said the Russian protocol with the correspon- dence and proces verbal would be distributed to-day, It is highly satistactory therefore to be able to lay it before the readers of the Hxranp this morning. HOW THY PROTUCOL 18 RECKIVED. The protocol has reached Constantinople, but bas now yet been formally notified to the Porte, tho represemias