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NEW YORK HERALD BROADWAY AND ANN STREET. ?JAMES GORDON BENNETT, PBOPRIETOR. NOTICE TO SUBSCRIBERS.?On and *fter January 1, 1875, the daily and weekly editions of the New Yoke Hf.iut,i> will be ?ent free of postage THE DAILY HERALD, published every day Hi the year. Four cents per copy. Twelve dollars per yea*, or one dollar per Ononth, free of postage, to subscribers. All business or news letters and telegraphic despatches must be addressed New Yobs ?prnATTi Letters and packages should be properly sscaled. Rejected communications will not be re turned. XONDON OFFICE OF THE NEW YORK HERALD?NO. 46 FLEET STREET. ffARIS OFFICE?AVENUE DE L'OFERA. Subscriptions and advertisements will be Received and forwarded on the same terms has in New York. Volume xl no. m ? AMUSEMENTS TO-NIGHT. THEATRE COMfOtTB. jNn.^514 Broadway ?VARIETY, ut 8 P. M. . clou. *t 10:45 WOOD'S MUSEUM, ^lroadwnv, comer of Thirtieth street ?THE ARKANSAS .TRAVELLER, ,it ?> I' M. . close. <U 10:45 1*. M. Matinee Ut Si V. M.?OLIVER TWIST. METROPOLITAN theatre. J(?. 585 and 567 Broadway.?V.VltlKTY, at ?- f M. LYCEUM THEATRE. i Fourteenth street and Eighth avenue,?French Opera iuuffv?MADAM K AN GOT, at * P. M. PARISIAN VARIETIES, ^Sixteenth .treet and Broadway ? VARIETY, at 8 P. M. SAN FRANCISCO MINSTRELS, Jfew Opera House. Broadway, corner of Twenty ninth .tract, jtt 8 r. a. AMERICAN INSTITUTE, Third avenue and Sixty third atreut.?Day and evening. BOOTH'S THEATRE, Twenty third street und Sixth avenue.?THE FLYING KG Lit at 8 P. M. Mr George Belwure. OLYMPIC THEATRE. jjoM524 Broadway.?VARIETY, at 8 P. M ; closes at 10:45 PARK THEATRE, ptroartwnr .nd Twenty-Mound street.?THE MIOUTY DOL J"1 R, at 8 1*. 51. Mr. and Mrs. Florence. GILMORE'S SUMMER GARDEN. Jlcte Barnum's Hippodrome?GRAND POPULAR CON ICERT. at h p. M., dotws at 11 P. M. METBOPOL1TAN MUSEUM OK ART, ^0^128 Weat Fourteenth street.?Open from 10 A. M. to 5 TrVOLI THEATRE. (Eighth street, near Third avenue.?VARIETY, at 8 P. M. FIFTII AVENUE THEATRE, Twenty eighth street, ro ar Broadway.?OCR BOYS, at 8 ?*. M. ; cloaca at 10 :J0 I*. M. COLONEL SINN'S PARK THEATRE, Brooklyn.?VARIETY, at 8 P. M.; ( loses at lu :4t> P. M. BOWERY THEATRE, {Eowary?BELPHBUOR, at 8 p. M. E. T. Stetson. HOWE'S A CUSHING'S CIRCUS, .Eighth avenue and Fortyuintb street.?Porformaitces day bud evening. GERM AMI A THEATRE. ?Fourteenth street, new Irving place.?MONSIEUR AL a*UONSE. at 8 P. B. ACADEMY OF MUSIC, ltd Fourteenth street ? EIGHTY Days, lit 8 P. M.; close. at 11 P. M. Jrvinc plare and Fonrteenth street ?AROUND THE VokLd IN r DARLING 3 OPERA HOUSE. Twenty-third street and Sixth avenue.?COTTON k REED'S MEW YORK MINSTRELS, at 8 P M. . clime, at 10 P. M. TRIPLE SHEET. NEW YORK, FRIDAY, OCTOBER 1. 1875. From our reports this miyrning the probabilities are that the v oat her to-day tcill be coder and cloudy, xcilh areas of rain. The Fast Mail. Trains.?Nercsdealers and the public throughout the States of New York, Netc Jersey and Pennsylvania, as well as in Hut IPfcvf, North and 8outhwest, along the lines of the Hudson liiver. New Y'/rk Central and }'en.ru sylvania Central Railroads and their conventions, +cill he supplied rcilh, The Herald, free of posi-. age, by sending their renters direct to this office. Wall Street Yesterday.?The markets showed some strength in Lake Shore and Western Union. Gold was steady at 117 1-8, at which price currency is worth 85.38. Money on call was quoted from two to three per cent. No alarming rumors assailed the street. A Russian Engineer is making a tour of Canada and Jthe United States, inspecting American canals and railways for his govern- j tnent. He can learn here how to build such works and how not to manage them. The London Qkht announces that England does not oontem plate an increase of her naval force in Chinese waters. She has enough vessels in the neighborhood to meet any emergency that may arise. A Small Bajoj of marauders, passing for Communists, have beou raising trouble in Andalusia, and a body of government troops lias been sent to hunt them down. It is to be jhoped that the soldiers' horses may be fleet and their sabres sharp. The American Cardinal.?Cardinal Mc Closkey was installed yesterday at the Church of the Sancta Maria Supra Miner vam, in Home. The impressive ceremony ?was witnessed by a large number of persons, including many Americans, and the Cardinal subsequently received the spectators in the hall attuched to the church. The IIayden Survey.--The Herald's special correspondence from the IIayden survey presents an interesting picture of the Moqui towns in Arizona, and graphically describes the appearance, manners and habits of the people. The letter of our cor rbspondent will be found to contain much attractive information. Spanish Intrigues. -A story comes by way of Paris that Sefior Cauovas del Castillo is alttat to return to the Spanish Premier ship viith a conciliation Ministry. The main point ^f his policy is ailegod to be dircctod toward the conciliation of Germany by con triving a marriage between King Alfonso and r German priucoss. His intrigue will meet with opposition from those who favor the Montpensier alliance, as well as by the ene mies of Gcrmnn influence. The story has a Tery tipcuwk flavor, The Sp#??h of the Prentdeat. The recollection of perils, sufferings and anxieties endured in common and of notable deeds performed by a general effort is one of the strongest cements of friendship. The generul who has long commanded an army and has led it to battles fought under his own eyes and to victories in which the bravery of the soldiers supplemented the skill and plans of the commander cannot meet his old comrades face to face without emotion, and we do not wonder that General Grant's retiocnce broke down yester day at Dcs Moines when he met the survivors of the old Army of the Tennessee, which he formed, trained ami commanded, and whose members have so many cherished memories in common with him. Such a meeting, even though ex pected and appointed beforehand, could not fail to move all whom Providence has pre served to take part in it, and especially the President, of whose striking career the men he saw before him formed an important and interesting part; and who, perhaps, remem bered that he is soon to retire from the ac tive stage of life, in whose most stirring parts those there gathered were his com rades. Thus it is not surprising that the man usually so reticent spoke, and it was to be expected that he wonld, knowing that his words would be eagerly read by his country men everywhere, use the occasion to speak , of the future of the Union which ho and his comrades did so much to preserve, and which, if dear to all of us, ma? be supposed in an especial manner dear to those wlio fought for its maintenance. Indoed, the speech of General Grant had in some meas ure the solemnity of a farewell address, and we regret that he did not make it longer and more comprehensive ; that he did not take the occasion to express to his countrymen bis opinions and to give them his advice upon all the questions which are engaging their attention. If the President done this perhaps his ad dress would have lost something which will strike many of its readers painfully?some- j thing less in the words than in the spirit which ; seems to inform them of pugnacity, as of a j soldier standing with arms at ease, but yet regardful of an enemy. Surely this was unnecessary. Surely it is a pity in such an address to hear the great soldier and Presi dent, in a kind of defiance, suggest that ltwo aTe not prepared to apologize for the past, or to speak of not "denying to any. who , fought against us any privilege under the J government." These are not questions be- j fore the people. Those who fought against | the Union, now that the war is over, have pre- ] cisely the same rights in it as those who fought for it They are our fellow citizens under tho constitution: no more and no less. There is no more question of denial than of apology. In all that the President says of the neces- ! sity of disseminating intelligence, of keep ing secure "free thought, free speech, free press, pure morals, unfettered religious sen- J tiinent and equal rights and privileges lor ail, irrespective of nationality, color or re- | ligion," he has certainly the hearty agree- i ment of the mass of his countrymen, some < of whom will remember with pain what we here allude to with reluctance, that ho has j himself on some occasions attempted to punish the exercise of free political utter- i ance by removals from oflice. That wo I should "encourage free schools, and resolve that not one dollar appropriated to them shall be applied to the support of any sec tarinn school : that we should "keep ( hurch . and State forover separate that "neither State nor nation should support institutions [of education he evidently meant to say] save those where every child in the land may get a common school education unmixed with atheistic, pagan or sectarian teachings. All this is sound ; it has in advance the sup port of the great mass of the American people. But the words spoken there and by him jar upon the sense of pro priety. They were uncalled for. They are unfortunate, because they will give tho profane reason to suggest that the President was really, under the form of an address to his old comrades of the war, making a stump speech for the Ohio canvass, where the republicans have wantonly and without any justification brought in as one of the political issues opposition to Roman Catholic interference in the schools. Surely, on such an occasion and from such a man as th#President, suspicion, defiance, opposition, are out of place. He could have urged good will?confidence in the future. He could have'exalted the future of our re united country and its vast possibilities. He could have shown the importance of our political experiment, not only for ourselves, but to the whole human race. He, the victor on many glorious fields, speaking to his old comrades in arms, could well have said some words in praise of the bravery, the heroic conduct of those fellow-countrymen who fought Rgninst us. He could have justly and generously praised their submission to defeat anil their acceptance of a change in their social arrangements which is the greatest ever imposed on a defeated people. He could have recalled that noble and pathetic inaugural address of Lincoln, delivered on the eve of his martyrdom, breathing so much loyalty to the Union, so much charity and kindness to the South. He could well have pointed out that, though the time has bet n as y. t too short to heal ull wounds and to recover all losses, it is already certain tluit time is doing its kindly office, and that all over the coun try, with a surprisingly few and sporadic exceptions, peace and order reign, and the great experiment of "governmi nt of the peo ple for the people by the people" promises a new anoceai and renewed prosperity to a nation freer and more securely free than ever before. We criticise the President's spee ch with extreme reluctance. He appears to forget that he is the President of the whole nation; that what he says will be closely scrutinized, and that he could in his high position do a very great deal to allay suspicion, to sink dis cord, to efface hostilities and grudges; to fost/r broth< rly concord and a mutual effort by the people of all parts of the Union for its common prosperity and glory. This is his duty, and in this ho seems to have failed. Wo should be sorry to believe the country in so hopeless and dangerous a condition as this [ presidential speech. judged by the common rules which apply to such utterances, would present. On the contrary, we believe the American people may rejoice over great dan gers past; over a momentous change happily and generally accepted and accomplished; over enemies who are friends and country men once more and who need only time and a manly consideration on our part for their disappointed hopes and tho changes forced upon them to make them rejoice at their failure. We believe that with only moderately good government we may securely look for ward to a period of great national prosperity and happiness, and of liberties securer than ever before?that we are at the beginning of the greatest era of our national history. It is a pity that the President does not believe this also. The "Kane" Regatta. Our yachtsmen were unlucky yesterday in sailing the "Kane" regatta. The weather was inconstant and played sad tricks with the vessels. Of the sixteen yachts that proudly unfurled their suils there were only eight which went out into the sea. Commo dore Kingsland's pretty vessel, the Alarm, went ashore on the West Bank, but received no special harm. The Mohawk, Vice Commo dore Garner's celebrated yacht, was becalmed and did not pass the Hook. The same misfor tune befell the Resolute. Outside there was a heavy head sea, which carried away the masts of the Peerless. These misfortunes, small and great, made the day one of inter est if not of enjoyment. Wo can hardly call it a regatta where one-half of the vessels fail to take part from causes beyond their control. As the turfmen would say, it was a "dead heat," and we should have another meeting, if for no other purpose than to show what our yachtsmen can do with an antnmn i breeze and an autumn sea. The only first I class schooner that went over the course was : the Atalanta. There were two second class 1 schooners?the Comet and tho Estelle?the [_former willing. None of the first class sloops sailed the course, while the Sadie was the only second class sloop that was fortunate enough to do so. We regret that Rear Commodore Kane, who gave the prizes for this regatta, was not more fortunate, as his generous and enterprising liberality, and his zeal for the interests of the club, deserved all the honors that can rest upon a yachtsman's flag. Our yachting clubs were never in a more prosper ous condition, and especially the New York Club, under the command of Commodore Kingaland. The New York Club has now a tine clnb house at the anchorage on Staten Island. This is like the club house at Cowes, the rendezvous of the Eng lish squadrons, and it is owing largely to Vice Commodore Garner, whose efforts on behalf of yachting deserve special recognition and honor. Th? Trouble in Senia and Bosnia. Upon the occurrence of the revolt in Her zegovina the heads of the Bosnian villages were seized by the Turks as hostages. They were not, however, held as hostages to secure good behavior, but were released on the pay ment of heavy ransoms. Government, there fore, under the pretence of taking precautions to preserve the peace, simply practised brigandage on a large scale against these people, and, to secure themselves from in definite repetition of this process, they abandoned their villages and took refuge, first in the mountains and then over the | frontier, and their departure from their vil- | lages, which was called insurrection, was | thus merely flight. Apparently this explano- ! tion applies to all the Bosnians, as well those , on the Austrian frontier as those in tho in- I terior. The consuls who have investigated j the sources of tho trouble now find that ; these men are not willing to trust the Turk- j ish promises, and that, therefore, the insur- I rection cannot be quieted except upon the pledges or guarantees of the \ great Powers, which the rayahs declare ; their readiness to accept. It is not , necessary to suppose the presence behind , this obstinacy of Russian influence. It is the natural caution of people often betrayed by faithless authorities, who have taken a ' position from which they can only be drawn by pledges in which they can have confi dence, or from which otherwise they must be driven by forco. Hitherto Servia, though restive, has been restrained by the intimation that a hostile course on her part wonld necessitate an Austrian occupation of her territory, and our despatches to-day state that the representatives of the foreign Powers demand a cessation of her ambiguous policy. It is doubtful if this apprehension will longer suffice, however, if the Turks carry out their threat to occupy a point regarded as Servian territory, which will, it is said, be regarded as intentionally forcing an issue. This may stir to tlumo the smouldering fire ; and if Austria occupb s Servian territory then in fact the present status will have passed away and a new one can only be reached by the consent of Russia. Its basis will probably be such an administrative reform in European Turkey as will de-Islamize all that part of Islam. Tin: Episcopal Convention Yesterday listened to Bishop Potter's annual address, which was rnaiuly devoted to urging the duty of continuing the labors of the missions and other enterprises of thr Church, notwith standing the depr< sm d fin ncial condition of the country. There is money enough, says the Bishop, but it is lock* 1 up here because people have not enough confidence in each other to put it in circulation. Rut tho Church deserves confidence and yields a re turn for all that is given to her. Tho Bish op's argument is financially sound, and tho mission* can no doubt be well supported without inflation. The review of tho prog ress of th< diocese made by the Bishop at the last Convention rendered it unnecessary to repeat the details now. The financial re ports were all satisfactory. The Countt Board or Freeholders of Jer sey City are endeavoring to turn out of office the keeper of the Hudson County Jail, who happ' ns to ht a female. The counsel to tho Board has stood by the jaileress, but the At torney <ii nernl of the State has been ungal iMltenough to declare that tistho law alludes to the jailer as "he," a "sin " has no right to the office. So the lady will probably be com pelled to find some other occupation than locking up Jersey criminals* Tin* Autumn K?tr>. Tho autumn meeting at Jeromb Fark promises to bo a season of unusual enjoy ment, if this glorious weather holds. We do not see why our Derby should not be run in tho autumn, why we should not make Oc tober tho chief month in the racing calendar This seems to be the purpose of our turf men. We feel sure that if the horses could have their say they would prefer autumn for their contest to an enerv ating day in spring. Tho spring days have a l?eauty which is not to be contemned, and we can understand why in England and Prance they should bo chosen for racing. England and France do not have the American October. That blessing, like the Beecher trial and the Htar-Hpangled Banner, Providence has denied them. We should be a law to ourselves in this, and make our racing meetings to sxiit our season. October is our coronal month. Then nature rises to her full majesty. Then is tho time when wo can completely enjoy the ride to Jorome Park, one of the finest drives in the world, before which those to Longchamps and the Epsom Downs must surrender their world-wido fame. And if we only had a Comx>troller who did not feel that "municipal reform" was municipal strangulation, how much mcrro attractive the approaches to the Park might be. But oven Green cannot last forever, and after Green wo shall have tho Westchester end of our city made worthy of the metropolis. Green is always a tempting subject as wo pass along, but our concern is with tho races. The stables are full, and some of the horses are so remarkablo that, if all is truth that wo hear, any on$ of thorn would mako a better comptroller than the present incumbent Mr. Donahue's hurd lers, we know, have more sense, more conscientious devotion to duty, and more skill in their performance than two-thirds of the men who will bo nominated to of fice by O'Kelly or Van Shafer. We would match Deadhead, for instance, any day against Judge Quinn, either for hurdle-leaping or for a down-town can vass. And much as we respect tho O'Morrissoy, especialfy since ho took to hearing Moody and Sankey, and has sold his gambling shop, we boliove that, in a fair race for the Senatorship, Ascension or Calvin or Oalway would give him weight and load him to tho winning post. The value of these horses is that, like O'Morrissoy, when they go in they mean to win and not to throw their backers. Already more than one hundred and twenty horses have arriyed. They are in fine condition. There was a rumor a few days since that, like the democratic politicians in Ohio or the Loring men in the Massachusetts Convention, they had the epizootic. Some of them coughed as violently as Pig Iron Kelley. But they are all well now. The horses, not the politicians, will make a run on Saturday and the succeeding days that will teach a lesson in running oven to the inflationists. L. P. Lorillard, J. B. Pryor, John M. Davis, E. Snedicor, Jeter Waldron, J. Pincus, Price McGrath and D. McDaniel have all good stables, filled with horses that will stand investigation and in their behavior under trial respect public opinion. This is a good deal more than wo can say of Grant and the present administration. Shirking Reaponxtblllty. There is a rumor that the presentment made by the Grand Jury yesterday in regard to the increase of crime in the city and its causes grew out of evidence placed before the jury with a view to secure the indictment of cer tain heads of departments for misdemeanor. If the report be true the attempt does not reflect credit on those who must clearly have been its promoters. The law provides in what manner unfaithful or incapablo munici pal officers shall bo removed, and the failure of the proper authorities to exercise the power when removals are demanded in the public interests is of itself a breach of duty amounting to malfeasance. There should be no attempt to shirk the responsibility or to shift it on to the shoulders of a grand jury. A stupid attempt was made some time ago to procure Comptroller Green's indict ment. Of course it failed. No person pre tends to believe that Mr. Green ever did a criminal act while in office. At the same time he is incapable, obstructive and arro gant, and the city would tbo benefited if its financial management were transferred from his hands to those of a competent financier. He should have been removed long since on these grounds, just as a busi ness man would discharge a cashien or book keeper who had proved himself unfit for his position. t The sain'- may be said of the Police Com missioner* wl hold over from the former administrate u. The appointments made by the late Muj r llavcmeyer were at once ridiculous and disgraceful to the city. Ex perience has proved that they were danger ous also, for under its present management the force has l>ocome so demoralized and in efficient as to excite general alarm. I?ut it is not necessary to go to the jury room for relief. The Mayor has the power of removal, and in failing to exercise that power firmly and promptly when it becomes his clear duty to do so he makes himself personally re sponsible for any evils that may result from his timidity or neglect Jrsr So. The Orange Lodge at Toronto has passed resolutions protesting against Catholic proo ssions on Sundays, accom panied by bands of music and the sprinkling of holy water, as "calculated to inflame the public mind and lead to strife and disorder." Just so. Wo aro bettor without such processions, whether on Sundays, Twelfths of July or 8t Patrick's days on this side of the Atlantic. But, then, when they do take place, why does not the "public mind" that is "inflamed" by them Btay at home and keep out of their way? There Appears to be Some Prospect at last of an arrangement between the Pennsyl vania Itailroad Company and the Jersey City authorities by which the railroad tracks will be raised, so as to afford protection to the lives of thoijo who use the streets of the city. The company submitted their plans for an elevated track, but the city makes objeotion to the closing of Greene and Washington streets, contemplated in the proposition. It was Agreed, however, that the city shall ap | point on (uutinoex to confyr witjr Uic railroad engineer and agroe npon the details, and it is believed that the conference will lead to a satisfactory resnlt. The Failure of the Third Avenue Savings Bank. The old, old story is told again in account ing for the failure of the Third Avenue Savings Bunk. The funds of the bank were unw iaely locked up in securities which were o$ very doubtful value before the panic and have since become little better than waste paper. The bank has been in difficulties before and has been subjected to "runs." In 1872, to save itself temporarily, the bank disposed of most of its good securities, retaining only those that were questionable, and leaving itself in a crippled condition. It has managed to live since then, although not harmonious in its councils, and at last it goes to Albany, makes an application to the Attorney General for the appointment of a receiver and closes its doors. This is the story. Of course it was natural that the con cern should break down at last, and it is con soling to know that its dissolution is so com pletely in order?that tho rottenness of the institution can be so clearly traced back to "before the panio"?that we need be under no apprehension of any extended ill conse quences as a result of the failure. The only sufferers will be the poor creatures who have intrustod their hard-earned savings to the rotten bonk, and oil of these united can have no effect on the great moneyed interests or create even a p utting ruffle on the surface of the "str?-t." But, th< u, ctfftwiu questions will suggest then^.sul^t-8 tv tbf art us Eiind. this concern km * it- if u> l>. virtually bankrupt two or three year* by what right did it continue to induce the public to believe in its soundness, and where was the honesty of accepting deposits fR>d! poor pooplo who ! cannot afford to lose their few dollars so well ' as tho directors of the bank con afford to j lose their thousands? What security can | there be for tho unfortunate depositor if our j savings bank laws permit a bankrupt insti tution, loaded with worthless securities, to ! oontinue its business for three years and extend the circle of its victims ? Are the laws, indeed, to blame, or is tho evil due to the neglect or incapacity of those whose duty it is to enforce thorn ? There must certainly bo fault somewhere, and the re sponsibility should be fixed where it be longs. Better that all the savings banks should bo wiped out of existence than that depositors should be left at the mercy of in stitutions which can uso the money of the industrious poor for two or three years only to postpone the day of bankruptcy. One thing is certain?the management of this bunk has not been such as to claim pulrtic confidence, and it seems outrageous to make one of its old managers or officers the receiver. Charles Francis Adams. There was no disinclination in the Massa chusetts Convention to have done with Grantism, and even to give formal notice of its difference with the administration on sev eral points of public policy. But though they were ready for any rebuke of Grant they evidently had no quarrol with Vice President Wilson. Indeed, it was that gen tloman's "tea party," and the whole enter prise was in his hands. Now Mr. Wilson is clearly of opinion that there are plenty of ways of expressing disapproval of the ad ministration without going to the wild extremity of nominating for office the best men in any community. That is not precisely his notion of reform in the republican party. lie wants to kill Grant politically, of course ; but he wants to kill him with men who are at least no larger intellectually than Wilson. If Mr. Adams had been nominated by the Convention he might have been elected Governor of Massa chusetts ; and an original republican of his character elected Governor of Massachusetts, in the present conditions, might have ap peared to the next National Republican Con vention a figure of Presidential proportions. It would not square with Mr. Wilson's views of the futuro to have this happen. Hon. Fernando Wood requests us to deny the statement of the New York inflationists that he is "raising money for the democratic canvass in Ohio." He has neither raised nor given a dollar "to assist the election of Allen." It is a strange condition of affairs to see a democratic leader in New York denying with emphasis, and as though it were a serious imputation upon him, that he had "given one dollar" to assist a brother democratic leader in Ohio. If Mr. Wood does not think the election of Allen worth a dollar of democratic money what does he think of the election of Hayes? And if our New Y'ork democrats all feel this way now how will the Ohio and Indiana and other democrats in the West feel when the Now Y'ork dolcgates appear at the door of tho coming Democratic National Convention ? Would it not be amusing to see theso bolting democrats shut out by Western votes, and Uncle Dick, at the head of a paper collar rag money delegation, ad mitted ? The Nr.\ r M ivement of the horse ear com panies, led by the Third avenue line, to de feat u rapid transit road will, it is said, come in the shape of proceedings in the I'nitod States Supremo Court. A non-resident owner on Third avenue is to apply for an in junction to restrain any company from building such a road. The next Legislature should apply some disciplinary legislation to theso grasping corporations. The Periodical Raid ox Skins hung in violation of law is said to liave commenced. Tho laws, however, appear to be more loose and obstructive than the signs, and the end of such demonstrations is generally the pay ment of a few penalties and the continuance of tho nuisance. Tin? Assembrx Committer on Crime con tinued to investigate the management of the Penitentiary yesterday.; The fact thM young boys when committed to the Island ore sent among hardened criminals should attract at tention. The evil, which has too long pre vailed, cannot be too speedily remedied. The Board op Aldermen yesterday adopted resolutions condemning the unjust action of the Board of State Assessors in relation to. ^ew.Yoxk'B share of the, State tax. Telegraph Rntis. On Monday next the Anglo-American Tel egraph Company will increase its charges to one dollar per word. At present the rate is twenty-five cents. This is u difference that must necessarily be of very considerable con sequence to all that portion of the publio which uses the cable freely. To have to pay four thousand dollars where you formerly paid one thousand Lsof consequence to every body, and the burden is none the more agree able because it is imposed by tho mere stroke of a pen in London. Hut what is tho cause? Will it cost any more to cable words next week than it costs now ? Will labor be any dearer? Has any body made a terrible corner in the raw ma terials of electricity ? No. It is the ono word "monopoly" that explains it all. Some days ago tho Direct cable was in operation and the rate went down to twenty-five cents. Now the Direct cable is crippled and the rate goes up to one dollar. This rich com pany put its rates down to crush a com peting line, and now it puts the rato up again to make tho public pay for the opera tion. One dollar a word is an enormous and exorbitant charge for the service. Twenty five cents is an ample rate, and this offensive exhibition of the power to lovy this ex travagant ^oll on commercial, financial and other interests is the strongest evidence of the need for more cables. Tire Grauil Jury's Warning. The presentment made yesterday by the Grand Jury of the Court of General Sessions is not a pleasant document to contemplate. That body, which possesses extraordinary facilities for eliciting facts concealed from the general publio, deems it its duty to declare that th^ oi^i'/oqg of Now York, in con sequence of tile inefficiency of tho police force us at present constituted, are not secure in the possession of either life or property ; that cool and deliberate murderers escape without detection or punishment; that tho Excise laws are not properly en forced ; that there is no combined and har monious action between the Excise and Police Commissioners ; that violators of tho" law, When arrested by the polico, are dis charged or held to bail so insufficient as to insure their escape, even though the evi dence of their crimes is full and ample. These facts were all previously known to our citizens, but brought thus formally and sol" einnly before the public eye in the shape of a presentment by a Grand Jury they become moro impressive. The picture drawn by the Grand Jury may induce the people of New York, on the eve of an election, to reflect on the sort of city government they have secured as the result of their last verdict at the polls. Laviso Out a Dig Piece or Womc?The Washington (7ironU;!e proposes "a restoration of prosperity" by the help of tho govern ment. and mentions the following plan:? Tbo first atop in advance to attain this desirable con dition of alTair* should bo takun by tbo government, under tbo direct ion and with the assistance of Con gress. By opening new resources for industrial pur suits, In aiding tbo completion of the Northern and Southern Pucilic Hallways, the water highways, roc oruiiicnded by Senator Wiudom's committee, a through line of water communication from the Mississippi and Missouri to the l'acific Ocean, through nulrond con nection Willi the Mexican Republic, and l'rora tbonce through Central and South America, until un unbroken line is accomplished from the L'uiled ."stales to Chili, which, if wo had to-day, there need not he any scarcity ol employment, but on the contrary as great a demand for moro industrious hands. Such is tiie road to national prosperity?easily attained by u unity of feel ing of mutual confidence between the peoplo and their government?between the administration and Con gress. "All this can be effected withont inflation or adding much to tho public debt," adds tho Clwu/ude. Query: Ilow much? The FueedmanJb Bank.?It is gratifying to know that the Commissioners of the Freed inan's Bank have declared a dividend of thirty pur cent to depositors. The claims must be audited by November 1 to entitlo the creditor to his dividend. Tho Commis sioners hold out hopes of further payments, and advise depositors not to dispose of their claims at a sacrifice. A Sate, two tons in weight, fell to the sidewalk while being elevated to the first story of No. 177 Broadwuy. Fortunately, no person was killed. A heavy penalty ought to follow such an accident, even though un accompanied by fatal results. PERSONAL INTELLIGENCE. Judge George F. Comstock, ol Syracuse, is staying at tlie Fifth Avenue Hotel. Bishop Thomas Atkinson, of North Carolina, is so journing at the Grand Hotel. Rear Admiral James Aldon, United States Navy, is registered at llio Gilsey House. The first edition of tho "l.acy Diamonds" was ex hausted on tho day of its issue. Commauder Henry Wlisou, United States Navy, ta quartered at the Westminster Hotel. Professor T. R. I.ounsbury, of Yale College, arrived last evening at the Sturicvant House. Senator A. T. Caporton, of West Virginia, has taken up hts residence at the Fifth Avotiuo Hotel. Brevet Major General Goorgc A. Custer, United States Army, has arrived at the Hotel Brunswic k Ceneral Hester II. Faulkner, of Dansvillo, N. Y., Is residing temporarily at tho Holfnian House. He ar Admiral Fabius 8ian!y, United States Navy, has taken up his quarters at tho St. Denis 11 tel. Lieutenant George W. Tyler, of the British Iron clad Bellcrophon, is stopping at tho Brevoort House. Ju ige Harvey Jewell, of ihe Court of Commissioners of Alahuma Claims, Is at the Fifth Avcnuo Hotel. State Engineer Sylvasus U. Sweet, of Albany, is among the late arrival, at the Metropolitan Uotel. Associalo Justice Ward Hunt, ol the United States Supremo Court, lias apartmeuU at tno Fifth Avenue Hotel. M. Drouyn do I.huys and M XIagao were both In v.ied to tho imperial council at Areucnburg, but de dined. Tho German papers state that 'ho Czar has granted the sum ol iifi.OOO roubles for the foundation of the proposed Siberian University. Mrs. Helen Hunt has been In town for some days. She is, her many admirers will be glad to hear, much better in health than she has been for some tltne past. Yeh Shu Tung, a member of tho Commission having charge of the education of Chinese youth In ti ls coun try: arrived at the Astor House last evening from Hart tord. A. J. Sevlaglnzeff, a Russian civil engineer, Is In Toronto. He is inspecting tlio cimals snd railways of the United titatcs and Canada for the Russian govern ment. Mr. Cvotgo 1' Lathrop, whose futritive poems are well known to the magazine readers, will publish a volume this fall, through James K. Osgood A Co., en titled "Rose and Kooftrue." I'aWi has received tt>? gift of a trowel in precious metal, with which *br uld the corner stone of a Lon don Hospital. It was paid for by the pennies of the patients, most of whom are doaf. Invention of a Paris policeman He hat pot thoroughly tlrwd of tho worry over children foun I In the streets, and proposes thai all children too roung to | talk shall have tho addrsvs ol tlioir uarcnu -.ewed oa I their olothos