Newspaper of The New York Herald, October 20, 1855, Page 2

Newspaper of The New York Herald dated October 20, 1855 Page 2
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Tb? official statement of Ube exports of UK precious ?'n't from the port of -London during the ??t ending Thuisday last. ui follows llhtr coin for Hamfiorg t1flw on. " " Boukgne o? " Bare tor Boulogne ?>*? * " Rotterdam 13,000 o*. ?iW coin for Hamburg 2,160 o?. " " Boulogne. 80 oa. " " migium 1,240 o?. " Bare for Hamburg 0,200 os. and ?3,218 The ascertained shipments from the outporti hare been to the extent ef about ?60,000. The adTu oH received to-day from Parka apeak ilospond togty at) te the position and prospect of affairs in that capi tal and a panic in spoken of as aim tint inevitable. Toe d?alh ujKin ti e Bank ot France and other institutions t* repo-ied to be very revere, requiring moat energetic and continuous efforts to arrest, more especially aince the government veiy unwisely interfered to coerce the Bunk ef Prunoe into adopting a measure which only the more inveiree the eetabliabeneot, the government, and the country into greater difficulties, which muat make the orine much wo rue when it does take place. The effort to create for a brief period an artificial proeperity must, sooner or later, involve tbe neeeosity of increased sacri ti.ee, and greatly augment both present and future diffi culties. The only judicious action resorted to by the government in the present crisis has been to prevent the Credit Modifier from creating a further issue of bonds. The system ufxin which the concern has teen established is, huuieier, of -o tad a character, as must perforce trienice U in mmng cod print difficult* i in a time of pressure. (Hiring a period ef proeperity and abundance of money, cretlit may be made to take the place of capital, bat when the picture is reversed money becomes scarce and tbe de mand active, and credit, without capital to support it. be bankrnpt. There are, however, very great efforts .fijiti being made to support this establishment, to be seen how far they will be successful. The food question promises to be a more serious affair cam than had tons anticipated. The dearth of grain, so freely ackn <w legged te by the Monde ur, is now said, on careful autho rity, to be much greater than tbe government has ad mitted, or is desirous should be generally known. Con Siently, a much heavier draiu will be experienced for ; the value of money will become dearer, do what government may to keep it down fur a time; and the commerce and industry of the country will propor teenateiy suffer. It has been said that the severe draio which has been felt, aud is yet to be experienced in this country in connection with the state of affairs to France, must sooner or later cease; and the gold which is being withdrawn from hence must return again. Without entering into this part of the subject, It may be more serviceable to remember that there is a far mere Important point lor consideration, namely, what will in the meantime be the effect in this country ol this very unfa ?lafcli date of things in trance. We cannot but ieel the pressure, and that anticipations of the natural order of ?vests are entertained by our most prudent representa tives of the monetary and commercial interests are but to* apparent. Their anticipations have been correct btthei to, and their judgment way, therefore, be relied apon as to the probabilities of the future. Tbe state of the money market during the past month is thus described in tbe honker's Magazine and Ocemmer mui Digest;?''The course of financial affairs during the month just concluded has been distinguished by some re markable changes, which have produced partial alarm in ?seet quarters. A sudden and almost unexampled drain of bnlien to the Continent and to the East set in at the close ?f August, and having continued with some severity since, the directors of the Bank have been compelled to make three advances in the rate of discount, which from iji, has gone up to 6 per cent. Whether any further applica tton of tbe "screw" will be necessary, canout well be de tonauned, because a further alteration will depend great ly open the state of the corn trade, the foreign ex changes and the prospects of the war. There are those, however, who comider that we may yet have ? encoun tor a tighter money market, particularly if Cr? -h tiiuin ?ml operations are to be brought forward early next year. The provision hitherto made for the allied services of fegland and France, although sufficient for current ox peadit ufe, leaves little margin lor future coutingencierf, Aid eon.-equently, if even the preliminaries of a peace were to be speedily announced, arrangements would have to be effected fcr settling tbe outstanding ba iaa*e, and adjusting, after our line experience, the ratio ?f *utlay to maintain a creditable military add naval Cition. The intelligence of tbe fall of tiebaetopol, and re<r*at of the Russians before the victorious progress ?I the forces in tke Crimea, fortunately arrived to arrest the despondency which would have otherwise ensued, had it, in the existing state of things, been much longer de layed, and it has greatly relieved the un:.ioty of the pub lic respecting the ultimate success of the expedition. It it utmost impossible to say what would have bu n the coeuti tton of cju iirmrnl produced, hail the? lute stringency inter vened while this event remained und rifled; Jor, as it is, there has been son it difficulty in rtslraiiuny a pre)tondt ranee *f that gloom which incarialtgacefmpanics such a utiuhLion iff things. At tbe latest moment, the demand for aceura saodation continues active, and although, at present, we have been singularly free trom mercantile disasters, it is scarcely to be expected that the trading interests, while passing through such an ordeal, will escape wholly uu scathed." i ur onrv/new men hum i ii*' luiiirwing:? The French government, it appears, find- it MMMMf 'o adept wry prompt measures in order to check the unfavor able growth of affaire in lJarie. In addit ion to the assistance M has already rendered to the Bank of France and the Credit Mobilier, it has now announced its intenti&n to grant no more concwsions of any kind for the present, and has prevented the latter institution issuing obliga tions it tad resolved upon getting into circulation. All this, however, does not suffice tor the emergency. We believe that it is uow intended that the capital el' the Bank tf France t- ?fo?6f<</, by which it oon iuw a Issrger amount <J notes, ami thai it shall not in future In ?monitory with it to pay its circulation inyol1. This is a measure of so much import ?n<*e that too much considera tion cannot be devoted to the subject. It amo uti to no thing more than this?anatt-mpt to make credit supply the plart vf money. A morejii titsons awl dangerous pro- ess to mrest a f ressurr and curtail eml arrascment cannot loell I, aaasnned. It is an extension to the Bank of France of the policy which called into existence the < 'red11 Mobilier. Its immediate nfTee', however, is to arrest the panic feei ng, and avert the crisis which imperilled the country. For the time being the effect produced will be beneficial, but it remains to he seen what will be the final icsult. The French government, no doubt, anti-ipat'-a that before the reaction takes place matters will have righted them selves by eom? .'.h vet unforeseen favorable turn in af fairs. The government is ividemly rsesolved that no panic shall take plACe if it can by any possibility be avoided. (From the lon-lcm Chronicle c ity article), Oct. 3.) The demand for money and the 'Xpert of gold con tinue. The dealers in money of every kind end degree are operating with extreme caul ion. The reserve adopt ed by the Bank ot Knglaml, of limiting its accommoda tian to the commercial interest by the discount ot bills not having more than one month to run, is being gene rally followed This fact bespieaks a degree of eaution which, although it adds to the prevail.ng pressure smi tightness, has nevertheless a beneficial influence. It I ?peaks. howt?r, the unmistakruUe impn <ton thus wot-,/ <oiil become dearer, the. demand greater, it ml the sn/epty It.". Yestero'ay morning the demand was moderate, and the rates in consequence easy, parties ireely lending at 4'j per cent- but during the afternoon a p-reat alteration took place. The imiuiry became very brisk, and the rate went ap to 5 per cent. Some houses did uo business whatever throughout the day at a less rate than b per cent, whilst, some lew others did business at the unitnrm rate af per cent; but the latter were exception*, and not the rule, the true value of money being live per cent. Bul ben was taken from the Bank of England both yesterday and to-day, and further sums have yet to tie forwarded to the continent in continuation of previous operations. Thus we again have an illustration of our burner re ?arks, that the export will go on d'-spite the adverse state of the exchanges for such an operation. The more we investigate this very interesting end most important ?object, the greater reason do we find to adhere to our previous convictions. From inquiries instituted b >th at nowie and abroad, we derive ample facta to confirm our previous impressions? and support our expressed views, l-oadcn, which is the centre of the wealth >>f the ur,i verse, has for a length of time been drawtng to itself the precious meial in both its natural and arti ficial forms. There is -crrcely any part of the in habitable globe where England has not some trade conducted by baiter of some kind or other; for all trade is but a system of barter. Whilst /marc ex ists the ra lint /ha*'s which trade as times is easily ami readily rigulntnl. and kept in harmony f-v tA' manifold operations which need not be inguiml into?'hey ari rrpr, - tented by ths 'etthangrs." 'Do loar has. hou mrr. entirely altered ,'h> itifci of a fruits. It has checked trade botil :.t home and abroad, deranged the markets for ?very con ?eivable commodity represented by produce, manuf*-. turew and money, and caused an entire chang" m every - tbing. The precious metals, which are the sinews of trade, ate also the sinews of war. Odd, taMefc tans lately siant'tlfor productive peaceful pursuits, is now wnntnl fnr tmpraluetirr warlike puipoos. Its circulation having kern restricted, first, by the decline of trade, and. secondly, .by the reserve which ever attends an interrup tien to the ordinary process of business operations, inducing holders to keep It in hand, from the fear that lest, when once parted with, it may not quickly return?is now being absorbed in the various channels which war provides for Its employment; and they are all, more or less, of an unproductive character. They do not enrich the country, but Impoverish it. Trade pro-luces wealth war 001 somes it. Attempts have been, and still are being made to Induce the belief that when the present drain lor goid upon this country ceases the gold will re turn again. This is a very erroneous view of the sub ject. It is ton restricted, and has Its origin in confining a consideration of the matter to the mere formal pro cesee* of ordinary trade. But It is nota commercial tub J art?it tass no direct reference to it whatever. As its origin i* ft is. from commercial causes, so its consideration mu-t be conducted free from commercial reasoning*. WW, if mod emphatically he ihserrrd, is the most or the do range ment <n the nu m y markets of En ope. The pren te re is not limited to I'aris and london. It exists fit Amsterdam, at Hamburg, at Vienna, at St. Petersburg, Ac. Af the /reseat moment the oalui of motley at Ham leurp (whieh is a market of. mp,ty) n mu>k alvn that cef any other market with which ur hair direct mm munieation. It rules at ? per ,-ent, and weie It to b towered, silver would instantly he purchased fur those countries where It is the standard of value, and is In de mand. fiold, also, would he drawn from that port in nftirh larger quantities than at present, and any one ac quainted With trade knows thai it is not for roanmen-ial purposes or engagements that it is now so kreatly in de ?and. We hnve on several occasions endeavored to draw public attention to the enormous expenditure which this war ? iitalla, not snly <>n England and France, but also on skaiost?if not entirely-?all 'he nations of Europe fhi war iT/rmiitssrr if this rmesstry abme is. urn m r,id '"0 u> the inin, u/iwartli erf fifty miliums de, line/ p rannum, lot ir. reality,! much fill liter, fine I it is ne* sielik'lytha' th, tdni wilt grnil unity inra" as if has done hitherto, iba' efEran e is at least one hundred milliens, and there Is 'hen that ? f Kussia and Turkey to be COClf ide nd; at the lowe*t -al uUtloti it may be said that the pr -at ionr at oris X- 00 ik0 UiO/cr u,u,.,m. A inn so Urge aa this must -Wang' tht n n< y markets and the ?-x liang.c. a? regards hng'and a . ,-m of ?100.14)0 |-er so I is now f. rg exported '0 supply u r wants of 'he c mini- -arlat ?1.'*;* *.h.s p-.ves Irfi-nrsip,,,,,, m-re 'ban lias b"en voted, an-! ?nkddi-ion, there Is the amount of the p ir tbf?fuu\iw at hi>o es t,p account ot 'he war which in . - .v. manltkM of w, elethl??, the hire ?? ?rtT <**? h? ^ ?*rt 010W?K?? l.^J-oTnioductiTe. Tbo drain on our metallicre srsfits 5ft * ""^SUftiSBK?K cwv5vi _ t V?e pubi.ih on abstract ot the and hull year (dtbTTountry.wUcn factory plrture * frrrfvanoed id the eeoond it .a considered that wo art<- ^ Oustom? S^o.rthc ;..? ewoi, i dimnild? rsgh - however, tLere>?>* .MreM accotfT'of thT additional ssi'sMer sSt-a-a; *sfc lutiea. The ,U??Utl&li the decrease ?? ?.48,402 (rem tiie Increased suecoss ,he deficiency is . ^ is ?100,412 ion duty. The tncroaBeon ^al|y three tune; but it would have hmounUd * y which has that sum but for the revenue, with very pro entailed a loan ol a conslat large- The land blen.ati.al gain to the community at ^ ,ter of and assessed taxes PJ**." ol ?>21,107, owing to re ?22,203, and on the ball yea t come to the incoim ductlon-fn rates of ''"tJ- ^ additional rate* of ?aa,andthe increaj?^ ^o,feth1fWiir taTe fuily duty imposed tor the P"rP?f the government. The in answered the exP^tat nearly ??000,000 sterling, and ra? s-S^AA'tiS'a ^^r-SFSatetsssa nese the sudden eapensesol the last mm An additional revcnueof ST., the resources of sterling a year is no smalll ad<m.oo to t e^ provi,twl witbC?uchrycerUinty the means of carrying on tbe war ZJL9&& srSr'SSff r ni?*. Taken altotpitber, the table pre^tHatoUli.. crease of ?1,824^24 on the quarter, and of ?8,-144,781 ""(in thewhole, it may be said that the ?f "ssssrJJSfSS ?t55SSA'iS policy which tbe people hu approved wdl i 3Sttitt3XS?}Sl ge^v-tgf man/with the statement recently made by the Russian Minister of V inane-. The exha^noltheenen.yBm I wire, the ruin of nearly every private enW. pnse, the in 4" ?be "ncV^^but witho" which are great now, ami may be increaaea, ou &sss?SH?Swi^ sassr vsts^sts^. v.? W5-W5''re'2~r.oi;u.?.. ^dwW^rX^tU Princes on Ue ban^.o wlficIfe\tD t:he*nuT' ^angu" with it a period of distress and disturbedDee?-ha W^davear and a half without any 'wWojo'ltj anticipated terrors. A table of tl!call en have been sat is factory in a time ol peace is no swat couragement to renewed exertions in a Just cau?e_ llaiis (Oct. 4) Correepondence of the lhnionTimes.J k measure like that which 1 sent you yesterd.y tfthe Prefect of Police, regulating not ,ml'^ ?! aTaibh.H but also the m(3e ol cutting it up, detail, b of course been a great tope ol would have maintained a struggle for 1 ? r? ,.f home important movement in the Crimea "? the part of the allies hnd been officially announoed. loewu that the butchers of Pans have a very oad tottion and msulcnt old,c?;(u<lunc. and atdacks on th ^ swffl ssrftssyt?isaiftte.^ would be to threw the buMnens open. But tn I J. columns. Ihe writer says. ...... The new n.eastire gives sati start kin io the V xss^-X^^vSSrS^ prutt'wi^in ruXumi^it thus thencefrrim the necessity for it should become apparent.^ior ou. nmt we cannot think that that necessity will .v and we firmly believe 'hat tlie^et uonb^na ti.n?the one that will host secure the ?"PPj7 aive the strongest guarantees for tbe publicbealth. an Cup the j^t balance between the price ol v. udtad meat-is the p.'sent rrff.me of ^'"^..H^war'e that Ihe^'wwTof tTe'meaMir#es enacte.1 by ,,f free trade? Economists consider it as directly co.it.my to all the principles of their^ ^ mairTwPhin^e*<lomainof?theory. But^uesUon^the | U,etfes". will proceed to show. In moderate centres ol population, Ui towns of Irom .0 000 to :A,00() inhahitantH tor in stance. lb- ordinary number of b<?.^" to twenty. It may be easily conceived that, re.tu.eci w t liy* numbwr, .luite%ufflcient h..wever tor the wants of tbe public, the butchers ?t# ^/^X lrioL posed to come to an understanding togethy as_to p.l es comnetttion118 TlmTin h *lilies where monopoly does noTS by K it constitutes itself dc s and the tarifl becomes the only resource shlrk bf mum. cipal administration <an use to put a mrb on e Iiisnds prejudicial to the general interest. At I an , where the butchers ate 4011, the "rc^.^TambS* ceeds the wants of the trade, for, out of t"?t number, w^h an average consumption of 50.000,000 of kilogram Tee cach .mjf.t to retail 126,000 k,I,gramme, a rear or .^ kilograma.e~ per day . but there are ? certain num ber who sell more than double that 1,",nt'tT> " o *j' oiiently nuiny who sell much less ; and hence the diif mob ot the Parisian butchers iivto two < Usees?those.who supply themselves directly at the market^i of ., co ? Md Poissy, and those who purchasa from their (vn/u^the iiuantity of slaughtere.1 meat Ibey require. "? ??_ jorlty of the butchers of l'atia purchase In th a latter way, snd are, pro^rlv shaking, only ve aders a ^coud hand. Thus, a small number of suhst^t.al h .tcliers exercise the law over the market, and It *? F*?*1/ to this inllueuce Uiul the tariff is to form a counterpoise. [Prom tbe l.ondnn ttlotie, Oct. 5.] It any one had yesterday morning inquired among the bunker* and discount brokers concerning the value of money and tbe demand for accommodation, they would have been met almost universally with the reply that not the slightest pressure existed, that the mercantile com munity appeared to be welt furnished with means, and that there was rather a dimunition in the amount <?( pa per offering than an inrreaae. Some of the l/rmlrard street Arms would have supported this statement hy re ference to what they were doing themselves, namely, seeking temporarily to Hnd purchasers for the amounts at their disposal, and which were in excess of their imme diate wants. Need it be said, therefore, that they were mostly unprepared for the course adopted by the Uauk of l.ngland, though it does not necessarily follow that the Hank of Kngland acted in error or with precipitancy. Measured simply by the facts abose referred to. most per sons would have shared the opinion that an increase in the minimum to 6)j per rent was not yet probable. There are. however, other and more weighty influences to which under this head alluiion has been made almost dally throughout the week, and without any disposition to nourish an indefinite testing of uneasiness, or to dis guise tbe movement visible in certain quarters It mat ters little in the abstract whether the Hank of France o? the Kusatan government were straining every nerve to possess themselves of gold, the result practically waa the same, and allowed to be carried out. its lull develops, roent would have been very much more prejudicial to Pritish merchants and manufacturers than the mere ad dltion of half per cent to tbe charge for negotiatiug paper. There is besides this alleviation, that sound commercial bills, based upon that foir element which the working of our currency laws seek to bring about, namely, low prices, would be favorably received at the hank when fo reign bills might mevt with no encourwgement. Al though live snd a half per cent U the minimum, it is not the maiimum. and there is an obligation to do all the l?per offerer, whatever the terms which the patties in terested might l? inclined to submit to. Supposing that the Hank of France ha* entered into contracts for the purchase of ?4,000.0u0. as is asserted, and that >he has already received 43,000 000 of that amount, the sacritice she ha* to mske tor its nbtainment is increased by yesterday's proceeding of the Rank of Kngland. and eke, perhatis. now seeks to get n cheeper suuply elsewhere This Ma lieen partly felt already, and brings nearer an approximation or the Part* and london money markets, a??Jbe Hank of France ha* at last ad vanced Its discount vharge to live per cent. Home satis Is- tlnn may be felt that we are yet sufficiently above that iiguie in have a better chance of holding our own, and that we shall Interfere with those dealer* in exebenge, who. upon transactions of great magnitude, are content with t, to i4 percent profl" and onder a keen competi tion more frequently lower their pretention* to a humble sixteenth. IFrrcm the (London Time-, <ctty article,) <?ct. ?.] 7b' closing quotations of the Friweh Three per Cent* n tl < Pari- Rmirae or the evening if the Ath were d-lf. A5e. tor money and f?tf. 7Ac. for thp end of the month, pre -enting a further decline of nearly one per rent. The ad vance in t) e rate of discount by the I tank ? f England wa? not known on the Bourse yesterday during burin. * hcttr- and the *pr'qk'.tive ..a|e* sn,| heavy foil w'ijh have ?aten place to day ar? attributed to tbo annouaeo "t adyicv# from Porta thia afternoon mention that the Bank of France, in addition to tho measure* adopted yva terday. hare imposed new limitation* oBjTOO their advances on ste eke and shares. Ut nceiorth on^ 60 per cent of their value ia to be advanced on Bentes, in sUad of 70 per cent, while on railway bend* and ^?r?* " ie to he 40 per cent, instead of. as heretofore. 00 per cent on boodo, and 40 per cent on sharea It ia understood thai, notwiflisUnding tbo plans auopted by the Bank of France ftr obuining cold tbmr supply, which was equal lastmonlhto ?1150^000, has now fallen below ?10,000,000. This have been apprehended. Ibey have attracted bilbi on London from other cities, snd have thus rendered all thiir exchanges leas favorable, while, at the fame time, a degree of distrust has probably been exoited, by which :he tendency to hoarding has been itlmiUated. The mode in which the greater part of ihegold -eot froni U. is ude ha* been obtained by the Bank of Franceis as serted not to have been by accommodation paper between the bouses employed in the transaction, Oiit 'dmply hy their cleanue the market of all the bills and bank notes on I ondt n that could be procured. The whole procsas therefore appears to have been as follows:?Ihc Honkoi France pr< pored to the house of M. ril. I'aul, of Bans, to iav a high price lor a ce. tain amount of gold; una price wan tucb an to enable -VI. tit. I'aul to give high terms for draughts on Ixindon, which were accordingly boLght up in all quarters and transmitted to agents on this side, with instructions for the proceeds to be remit ted to 1 ails in gold. On the gold being taken to the Bank of France, the payment of it to M. St. Paul, ot course took place in the notes of that institution, and in this way the affair of the flrst ?3,000,000 was accom plished. But it is not to be supposed that the amount of bills naturally obtainable In Paris would have fur nished the full supply. The artitlcial prices offered at tracted bills from other quarters of the continent, and thus the remittances have probably been composed ol aJ the boating claims en London that could he transmitted to the I'aris market from the trading ports of Prussia and of other neighboring countries, whether the nego tiation ol the remaining ?1,000,008 was managed in the -sme way is uncertain; but, assuming even that th? whole ?4,000,000 has been so obtained, it may be regarded as the wlthdiuwal i* an amount which must, sooner or later, come back. If, for instance, the average total ol claims on london afloat on the continent of Kurope at all periods, when the rates of exchange are not against us, is ?10,000,000, and that average be suddenly reduced by ?4,000,000, our po sition in relation to the continent is precisely to that ex tent better than in ordinary times; and, while the aver age is being allowed to regain its former aggregate, we shall derive the benefit of retaining ?4,000.000 that would otherwise, in the course of trade, pass through, instead of stopping in this country. Doubtless, il all the negotia ble claims of Lngland on the continent were suddenly collected together, and sent oTer for realization in the same manner as the claims upon us have now been accu mulated and presented, we couM at anytime draw thence an equal or much greater amount, and it Is the advan tage of the raising of the i ate of discount by the Hank or Kngland that it promotes in a legitimate, instead ol an ar tificial manner, a process of that description, inasmuch as by rendering money scarce it induces the commercial communities to call in from abroad every amount that may be available. ? . . . . , [From the London News, October o.] Whilst It is generally recognised that the chief imme diate cause of the present drain of golf is the extraordi nary operation ui-on which the Bank ot trance has en tered, we roust not, by following too iin|licity the one sided views put foiward in a certain quarter, lose sight oi 1he facttl at other influences have contributed powe. tully to the result now witnessed. Of these, three are chiefly of importance, vis.: the Turkish loan oi five mil lions, which may be properly described as essentially a bullion loan; secondly, the steady demand lor coin for the war expenditure abioad; ami thirdly, the drain of silver to India and China. As regards the first named, little uncertainty can exist as to its extent, ?5,tWJ,?50 being the utmost limit of the demand, whilst the actual remit tances on this score are diminished bv the disburse ments of the Ottoman government in this country tor military equipments, Ac.: by the advances which had al ready been made by certain capitalists to the Porte prior to the issue of the lean, and again, by the facilities which exist for remitting at least a portion of the sum in bills. Neverthess, when it is recollected that the entire period allowed for paying up the loan was only live months, it will be readily seen that the clement o! monetary dis turbance involve<! in this loan is by no means an incon ride ruble one. With respect to the -ecoud item?the Brt tiah foreign war expenditure?an estimate of its proba hie amount can scarcely be formed. As regarus duri tiin, it will doubtless continue as long as the war itse l. The present remWtances of specie for tho commissarut arc calculated by competent persons to amount to some thing like ?600,000 per month; and a moment s reflection will show that, although roeaus may be found for remit ting a portion of the amount in tho shape c f mercantile paper, the public service in the remote theatre of war cannot possibly be carried on without a plentiful supply of hard cash. Moreover, as we have before pointed out. these war disbursements are not limited to the imiued ate locality oi the conies . We believe there are ftw countries in either the north or south of huroj^in which the agents of the British government have not made their appearance as active purchase? ol some requisite or other lor the war sei vice. Whether the commodity purchased be mules in Spain, or botf and pork in Hamburg, huts and horses in Austria, or oattle snd previsions in North Germany, Mnope, Bulgaria, Kcrtch, Trieste, and a score ol other places, the result remains the -ami'?the expenditure Is esscstially a for eign one, and will inevitably require a large mass ol spe cie. These disbursements, we may hope, apart from their tendency to bring the war to a successful termina tion, will not be eventually unproductive of benefit in a ci mroemisl point of vietv, inasmuch as our foreign trade will be stimulated, and fresh markets opened up for our manufactures. The.-e mure fivorable points, however, belong, we fear, rather to the future than o the prntpni. , . . . The *uHUine<l Asiatic demand for wilTer acts, we vBtnk, an equally important part in promoting the drain ol go Id from this country. In support of this view we need inly adduce statistics of the actual ascertained expvt its iff ril ver to India and CbtDa. The subjoined figures refer to the shipments from Southampton in each quarter since the beginning of last year:? smi'VEVTS OK SILVKK TO 1VDI* AND CHINA. _ ; :.?t quarter of 1864 rtcvud do..... *?'' Third do Fourth do a2"67 Total in ^?2i?7v First quai ttr ot i .IvJVoa second do Third do ^,W. b k> Total in three quarteraol'1868 ?4,K>1 0 l'er fortnightly mail of October 4.1865 140 1 Total to date this year ?4,?ii ? 11 (irund total, 18f?4 and 18.15 7,fiTt 8 In additi<>n, the shipments of gold by the same 1 of ft en mere thin year hove amounted to no less than jJ,< 941; but the ImlW ol these latter remittances ha destined for Malta and Alexandria It will be noticed that the exports of silver hav< iu tieatrd enoimously during the last three months. J "A. I re- < nl moment the drain is at the rate of abott ? > million , er mouth. These last figures become In.'' ,.., ygth gfut iiiiportnnce when we bear in mind thediio t nature of the inttuence thus exercised upon our *u t. , market. As an illustration, we will suppose the <ai-u tif a Loadnn merchant who reiBeives from India aa ormr o transmit 'orthwith, say ?100,COO w< rth of silver. Id make up the amount it will probably be necessary n A e ward buying orders to several ot the leading contiae al markets. The silver is there collected and sent me o England. where it must be packed up, and despatckeo y the mxt steamer leaving Southampton for Alexand. . 1'rior to the late rise in the continental exchange, ,. e Ixmdon buyer ol this silver would probably Audit' 9 cheapest plan to remit gold to the continent in paymf , and. supposing no recent arrivals of gold to be on ft i In the market, the sum would have to be taken from i > Bank of England at the Axed rate of ?3 17s. II1 I er ounce. The bank notes for ?100,000 paid inU i bank for Ibis purpose, it in important to natice, are i mediately cancelled, the bank having no power to i ? issue them, unless against a fresh deposit of gold. As a matter of course, due consideration is received in iome commodity or other from the buyer of the silver in India, hut the fact remains that, as an immediate con tsjuenre ot the operation In question, the nmount of liank r.otes circulating here is diminished by ?100.000. Under these circumstances It becomes highly important to investhate the causes anil probable extent of the Eastern demand for silver. One of the most patent of these la the civil war in China, which has led. during its entire con'inu ance, to the steady absorption anil secretion of an -.or mous mass of silver coin. The coins with which t he Chinese are chiefly familiar are the old Spanish ''pillar'' dollar and the Mexican dollar. Owing to the demand for this | quarter, the available supplies of the former coin have now become extremely scarce ?nd the bulk of the shipments consequently consist at present of Mexican dollars. As regards the probable du ration of the Chinese demand, it would be hazardous to express a decided opinion ill-informed as we are as to the |>ositi(in and prospects ot the contending parties. It msy be observed, however, that the demand tor China Is scarcely so active at present as it was a few months hnck Turning to the second gieat absorber of silver (India), we And reasonable ground for the belief that the drain is not likely to rease suddenly. The demand sbowa no signs of diminution, and is even causing large ma?-es of Ktench Ave tranc piece* to tie bought up, redned in Paris, and sent over here in the shape of bar silver. The same E roc ess has also teen carried on at Brussels. and it i* nown that a portion of the gold lately withdrawn from this side for the account of the Bank of France has been paid for by these silver remittances. During the first pieesure of the Chinese demand large quantities of silver were drawn (mm India snd from various por s of the 1 astern seas. thus occasioning a de ficiency which necessitated an immediate appli cation for European supplies. But the progress of commerce in the whole of those extensive and populous regions affords the chief explanation, in India silver is the only currency, the natives knowing of no coin be sides the lainiliat mpee. a silver coin of abont the eiee of our Aorin. fluid moliurs used to be held in some cases, chiefly by the larger capitalists, as leva bulky than sil ver; but this coin was scaiVe am] is now ti? longer a legal tender in India. Trahably the commercial prngr??* of Ihe conntry is best proved hy the recent marked ex tension of its banking ayvtem. Only a few year* ago b ciliiies of this nature were very circumscribed, whereas now hanking institution* have spuing up over tb* whole country, extending even into the Himalayas. At the same time, this ay-tern ha* tailed to produce its usual effect of an increased economy of the precious metal*. 1 be usual mode ol remittance adopted, as bet ween different paits of the country, Is hy mean* of draft* or < rdor" granted hy one hank upon another; but aa a medium of cii eolation amongst the community nt targe, ?he mpsse mainlaina its solitary position ItrftUh India has yet to experience the advantages of the bank note system, and thus ft fblloar*.'under present circumstances, that tbe larger the nunpber of bunk*, th? greater is the demand for silver There ha* also leen a great inerense of late years in the number ,md wealth of the native es pitall-te, she?? avowed bn-ine?* it Is to lend nun'; at inter'?t. Several town* of Rriti-h India may bs^wiiiited r ut as form.ng a sort of general rendezvous for Ihe?e no rey lenders wh. -e aggregate operation" are in many rg.es i'inrj rj.,rg extent, jtp intrrdui'tioo and extsn sim of the railway system in India may bo referred to aa another important stimulant to the rlilu of lilrn to that front dependency. Perhaps only about one fourth uf the capital of the railway companies may be actually expended on the spot, the outlay for the purchaae and transport of materials forming the chief item of expenditure. We believe, too, that the mo ney to be expended in India ie remitted by means of bills. Nevertheless, the whole of the local expenditure inuit be defrayed in rupees, and the onrront demand for silver is thus inevitably increased. These are only a few of the considerations which strike us as likely to render India for rears to come a ready ahiorberof enormous quantities ol this lees previous metal. The recent parliamentary

papers have sufficiently proved to us the importance which the poor Hindoo attaches to his petty hoard of sil ver, and the tenacity with which he retains his hold upon his treasure even under the inthndon of bodily tor ture by the tax collectors. The influence which is exer cised by the poor ryot's avarice upon our monetary sys tem furni?h< s a curious illustration of the subtle ramifi cations of thd bend of commerce by which the most civil ised and the most barbaroue nations of the earth are now united. IltlBH AGRICULTURAL STATISTICS FOR 1*55. An abstract of the returns ff the agncuJtu ral statis tlep of Ireland, ordered by government, has just been completed, and exhibits the extent of land in statute acies under crops in this country for each county and movinca, in IBM and 1866. That for the latter year has been compiled from returns lately received from the several enumerators, and which may hereafter be altered in some degree upon farther revision; but it is not appre hended that any material change will be found necessary The genera) abstract is as lohows:? ahsttuit or CKOKAL CROPS. 1864. 1666. Jnv'u. Dec'te. Acrct. Acre*. A<rc$. Acre*. Wheat 411,284 446,609 34,226 ? Oats 2,046,198 2,111,955 72,G67 ? Barley, here, rye, he. 287,164 207,685 ?10,689 Total 2,743,736 2,831,029 106,882 19,589 Increase od cereal crops 87,293 acres. SIS TRACT or URJ3EN CHOI 8. 1864. 1866. Inc. Dec. Acre*. Acre*. Acre*. Acre*. l'otatoee 989,060 981,629 ? 8,131 Turnips 329,170 366,497 37,327 ? Other green crops*. 98,777 96,094 ? 3,683 Total 1,417,607 1,443,120 37,327 11,814 Increase on green crope 26,313 acres. URN KRAI. NUMMARY. AcreI. Increase on fere..) crops 87,293 Do. on green crops 26,513 Do. on meadow and clever 63,873 Total Increase in the extent of land under crops.112,382 Total extent in statute acres of cereal and greeD crops grown in Ireland in 1862, 1863, 1864, and 1865 :? Barley,Dare, WhixU. OaCs. Dye,Deans it Pclalo-s. Peas. Aire*. Acre*. Acre*. Acres. 1862 363,666 2,283.440 309,591 876,632 1863 326,896 2,157,849 348,642 898,733 1854 414,284 2,045,298 287,154 980,660 1866 446,509 2,117,956 207,566 981,620 1'uihtj.s. Othtr Green Meadoui and Crop*. Max. Clover. Acre*. Acres. Aires. Acres. 1852 366,790 121,566 137,006 1.270,713 lb53 399,377 120,133 174,979 1,270,742 1854 329,170 98,777 151,403 1,267,864 1866 366,467 96,094 97,106 1,411,737 * Mangel wurzel, beet root, carrots, parsnips, cabbage, vetches, and rape, are included under this head. The returns from which the foregoing table was com piled have been collected, as in former years, by the effi cient aid of the constabulary and metropolitan police. Table* lor 1866, classified by holdings, for each county and barony, are now in course of preparation. The returns for 1866 have not yet been received from portions of tbe following constabulary districts, viz.:? Killarney, Tralee, N'ass and Coleraine. As to them, the extent of land under each description of crop lor this year has been estimated from the returns of 1864, taking into the calculation the changes in tbe crope which are found lo have i cruired in the other districts of the counties of Kerry, KUdareand Londonderry. WIUJAM DONNK1J.V, Registrar General, Office of Agiicultural Statistics, 5 Henrietta street. Dublin, iiept. 26, 1866. FOOD BIOTS IN SWEDEN. The dearness ol food has occasioned some riotous de monstrations in ttwedea. At Karlskrona, on tbe 20th uli., the workmen in the naval dockyards assembled in a body, and invaded the residence oi the Civil Governor ol the province; some of them even entered his private ipaitmente, and Insisted on speaking to him. The Gov ernor appeared, and after healing their complaint, oidered them to return to their work, threatening, if they did not, to request the admiral commanding the town to take energetic measures against them. They, however, demanded that steps should betaken to prevent distillers IT oin buying up all the potatoes brought to market. The Governor promised that he would do all in his puwer to put down that abuse, and the men retired, home of the more violent of the mob proposed to destroy all the distilleries in the town, and especially that of Hartoc, which is the most important of all; but they were dissuaded from the project by their fellow-workmen. At 1'psal, on the same day, a large crowd Collectedbe loie the house of M. Groenbeck, a corn dealer, and, with loud shouts, broke the windows with stones, -hortly nfterv ai ds a fire broke out in some extensive premises belonging to M. Groenbeck, in a different part of the town, ana before it could be extinguished, the buildings, together with an immense nuautity of corn they con tamed, were completely destroyed. It is not doubted that the fire was occasioned by the mob. Other excesses would no doubt have been committed hud not tbe ftudents of the university represented to the people the lolly und wickedness of their conduct, and induced them to disperse. Commissioners of Emigration. THE DIFF 1CULTY WITH THE GOVERNORS OK THE A T MS* HOUSE?REPORT OF THE COMMISSIONERS' COMMIT TEE?THE WHOLE CASE OPENED AND ARGUED OVER AGAIN?VALUABLE INFORMATION FOR THE PUBLIC, ETC. At tbe regular weekly meeting of the Commissioners of Emigration yesterday afternoon, Mr. Verplanck, from the committee to which wan referred the recent report of the Governors of the Almshouse, in regard to this commis sion, respectfully report:? That It is alike matter of regret and astonishment, con sidering the opportunities anil the duty of Ibe Oovernora to become familiar with the facta and tbe law atlecting the controversy between then and this commission that so many misstatement* as are contained in their report should have been given to the public, and that the tone and language of such report slrould have been so over hearing ?nu offensive. It is well known that whatever may have been the matters in dispute between the Governors and the Com mission, it has endeavored to observe due civility in ac tion and words towards the Almshouse Department and all Its officers. It is, therefore, difficult to account for this unprovoked attack, unless the Governors suppose that the public may not distinguish between such angry and unjustifiable assaults and sound argument warmly urged. A good cause rejects all such extraneous and unworthy aids, and your committee in discussing the differences between the two boards hope to avoid the** peculiarities of the Governor*, and will only notice them when they impugn the fair dealing of the Commission. Before entering into an examination or the report, your committee would suggest for the consideration of tie public and tbe Governors this preliminary matter. The Governors, in all their discussions with tills Commission, undertake, as they have done in this report, to announ e the law and define its meaning. This Is done in a man ner so offhand and confident as almost to carry along with it the conviction that the Governors, like the king, can do no wrong and commit no error. Ye*, the action of the Governors fitirly leads to the opinion that it is taken either in ignorsnce or contempt of the theory ami tbe statutes upon which this Commission is organized Nor is this Commission to blame fur this wsnt of knowledge if such exist on the part of the Governors. Almost a year ago a public attempt was made to explain to them these statutes, and what was then said is now repeated:? The law of 1847 subsianUally requires a payment of >1 60 (since Increased to $2) for every emigraat arriving ai ihis port in a vessel from a foreign country, and out of the (units bus raised tbe Commissioners of Emigration were directed to In demnltv as far as might be, the several cities Ac., of Ibe State, Ibr any expense which might be Incurred for such persons, and that surh appropriations should be In proportion to tbe ex penses Incurred by said cities, Ac., severally. The powers and duties thus rotilerred were merely tboee of disbursing officers. The seveial cities, Ac., were to be pakt as far as the receipts were sufficient for that purpose , but no one county, town or eltv was to bat c any advantage over any other connty. or (own, or city but each waa to receive a rateable portion with tbe others according to the amount of expense it had Incurred. The Kupertniendcnts of tbe Poor In other counties, the Gover nora of ibe Almshouse In this city, and the Commissioners of Emigration, are each creatures of the law, which specifies and deflnea their duties. It la not lor them to decide what the law ought to be, but to perform their duties under the law aa It la; A denunciation ot tbe Commissioner! for not doing what the law docs not direct, but In substance prohibits, la aa Improper and unreasonable as a refusal on the other side 10 perform what the statute requliea. It la supposed tbat. holding such relation to the law, obedient c to lis directions would not be made a subject o condemnation or of sneer*. Yet, whenever a refusal to comply with any of the unreasonable demand.- or 'he Governors is made, because a compliance would he with out tbe aulboilty. or in violation of the law. the Com uis ?ion is accused of resorting to quibbles. Your committee now propose to examire the <? >m ?taints and some of the other statements contained iu the overnors' report. The causes urged against the Commi-aion may be re duced to tluee points 1. That bills for support oi vagrants at the I'eni en tlary from 1849 to 186H. and on lllackwell's Island an I at Beltcvu# Hospital "fiotn 1849to 1854, six ysars," amount ing to $49,600, are unpaid. Yet the Govcanora ought to know full well that there I* neither substance nor legality In this claim The per sons for wh? m this charge is made were committed to the vaiious institutions named as vagrants; and last year this ? mmiaeion pi cent ed the Governors w ith their views in regard to It as follows -.? Tbe case of vagranui, as well aa o'ber ca?es. Involving lm prler rment, laquite different, vagianoy, by our laws, i< a mis demeanor. Men are Imprisoned lor It, a? ibr petit larceny or other misdemeanors, and committed for not more than six mouths, and kept "at bard labor ' By tbe sentence of the court Uiey are deprived ol the opportunity of earning tb-ir own livelihood, snd aie obliged to work for the heneffi ot the rliy. Why. then should tbe i'nmmtssloner' of Emigration be (barged for ibetr "tipport. any more than tor the maintenance of an emigrant sent to H'ackwell's Island for their, or to the fttste Prison for burglary or arson, or any other felony, ? there to be kept at hard labor.'' The ? cmmisMoners are not penitentiary officers, but merely disbursing officers flf a ehari'aolc fund collected to Indemnity for paupers, not to pay for the -tipport of criminal. who may. for augrti that is known, earn enough to support themselves hy t h? hard labor' 'to which 'hey have bean sentenced." With this view of the ease, the Governors were not aa tisfled, and apjsaled to Die Is gidature !??t winter. n>?t body. the creator of hoth the Governors and this f'ommis n by Its get it o. declined that there was no validity n this claim, >nJ utterly repudiated it Yet the Gover nors, wttb tlwir habitual deteminotiou ud pertinacity, without regarding the legislative action, again bring it forth, and parade it tor public inspection, and when this Commission invokes for Justification of its disallowance of this claim the argument above urged, the law and the repudiation pf it by the Legislature, it la answered only by the contemptuous reply?' it la a legal quibble," the CotnmisriooerH have tad running account!?n average of forty other eouutiee in the Mate few %m last eight years, and of them all the Almshouse Department of this city is the only one that has ever made such a charge as this, or set up any such claim. II. The next cause of complaint is this, that this Com mission has not paid bills which "have been presented," amounting to $48,412, for support of iumates of lunatic asylum, werkhouse, penitentiary, hospital, and for inter mtnls in the eity cemetery. It this Commission, considering the great numbers chargeable to its fund, being no less than the cn'ire emi gration of the last five years, were to pay all the" sills I resented," especially ae msde up according to the pecu l ar ideas of the Almshouse Department, it could easily exhaust its annual fund at a very early period of the year. It is. however, customary to examine "bills pre sented," and to compare them with the ships' manifests on record in litis office, and thus have been and are all such bills adjusted ana liquidated by the auditor. ITiat officer, after proper examination, has made to your com mittee the following report of the bills presented and i djutted, according to the rules and practice tie* ween the Almshouse Department and this body:? Balance due hew York Almshouse on Jauuary 1, 1853 $19,200 68 Amount of bills rendered and allowed for 1868 . 24,768 08 " " 185-1. 17,5341 98 ii a a ?? ?i from January 1, 1865 to July 1,1866 6,900 42 Amount of hills rendered ibr July and August, 1866, not yet examined 2.110 36 Total $69,516 47 1851? July 6,. *hb $6,000 00 " ?Oct. 5, " 10,000 00 " ?Oct. 26, " 5,000 00 1864?May 31, '? 10,000 00 " ?Nov. 8. " 17,525 88 1865?June 13, " interments..... 1,100 60 " ?Sept. 6. " ?? 140 00- 48,774 88 balance due $30,741 61 Thus, instead ?i a proper claim ol' $48,412 32, the ac tual amount ia onlv $20,741 01, somewhat lean than one half of the Hum claimed by the Governors, and a little m-re than one-fifth of the general claim by them. Thin Commission, in the judgment of your committee, and of counsel, baa a fair ana equitable offset to thin $20,741 61, and it la willing to submit it to public decision. This offset watt last year stated, and is now repeated, as follow*:? Ibe Commissioners are authorized to take care of emigrants alone. During lie seven years oi their existence many emigrant females have been delivered of children in the hospitals of the Commissioners. These children are not emigrants, but nsiive born, and their care and maintenance belong to the Governors ol the Almshouse: and the expeoae of taking care of them, your committee ia advised. Is an equitable aet off; to some extent at least, to the claims ot the Governors for lunatics and smallpox patients This is denied by the latter, and the I'-oma Isskmers are told to send au' h children to the Almshouse, Tney are willing and have ottered to do to, provided the Governors will also take charge of the mothers, for whose expenses they will he indum nified. This is refused on the ground that the mothers, being emigrants, ti e properly inmates of the institutions on Ward's Island, and will not be received into the Poorhouse. And thus the < cmmls*loners are obliged to be either guilty ot the Inhumanity of separating tender babes from tbetr mothers, or must bear the expenses of thousands ot Infants chargeable of right to another fund and another body. The above has been the case for over eight years, and the amount expended for such children is computed to exceed $60,000. The Governors, however, refuse to allow it; and it is, therefore, to be the subject ot arbitration ?r litigation, it Is well worth while, however, to observe in the above statement the ground upon which its disallowance is placed by the honorable the Governors, and to consider whether it may not be that the quibble? the mote in the eye of this Commission?is not seen by the Governors from behind a beam In their own optics. Kven, however, allowing that the Commissioners are in error In claiming an equitable allowance on this account, equal at least to the balanoe claimed by the Governors, still as suredly when it Is considered that this unadjusted ba lance of $20,700 is on a long account, upon which pay ments of seven times that amount have been actually made arid over a hundred times that amount have been expended for the use of the city by this Commission, a little delay in settlement can hardly justify the broad changes ot the Governors, and still less can it affoul any ground for the assertion that it will ''compel this depart ment to call for a sum of not less than one hundred thou sand dollars lor the special purpose of providing for the impositions of the Commissioners of Emigration not other wise provided for." If a deficiency in the large granta to the Governors bus occurred, requiring such an additional call from the de partment, it must arise from ''Impositions" from some other quarter than the Commissioners of Emigration. In this connection it may he well to advert to the re mark ot the Governors, that this Commission has paid large sums to the other counties, whilst it has passed New York by. The Governors know very well, yet seem studiously to conceal the fact, that fltty cents out of every two dollars received by this Commission, are by express law appro priated anu set aside as a separate fund out of which ex penses of emigration In all the counties except New York are to be paid. The Commlsaioners did not advise the enactment of this act and are in no way responsible for It. Mnce its passage in 1863, no money except this fund of liity cents has been paid the counties, and that from time to time, as the law requires. When, therefore, the Com mission is iepi tmanded for paying the counties other than New York, the ccnaure is sLnply for the performance of a duty which the law specially enjoins. In the r.ext place, this Commission expends for the bene fit of the county ot New York an amount ten times great er than lot any other county in the .State, and four times as large as that paid to all the other counties together. At an early period ot the commission, it was judged by the theu Commissioners, Mo-srs. K. ii. Minturn, ilavc meyer, Brerwith, tbe late Messrs. ('olden, Jacob Harvey, Dillon and others, advisable to establish hospitals and refuges in this county, instead of allowing the emigrants to lie maintained in the city establishment. This was done after mature deliberation and calculation, loading to the ronvH'tiox. that this fund conld be thus adminis tered with more economy than the then experience had shown tbe city's bad been. A comparison of the ex Eruses ol this Commission in this city, and of the Alms onse Department during tbe same time, as exhibited in the reports, will show that those gentlemen were not in eiror in their decision. In this county, therefore, this Commission has purchas ed lsnds and erected refuges and hospitals: in ho other county except Richmond, where the Marine Hospital, tor the protection of this city fiom the introduction of dis ease is located, has this been done. In the other coun ties, all the emigrant poor requiring public aid are main tained in the county poorhouses. Such would have been the case here had not the Comuihsioiers institutions of their own. The amount expended in these is therefore in effect so much paid to the city of New York, for to that extent lathis city relieved; yet the governors re port as though the l ommissioners, who. with the excep tion of the Mayor of Brooklyn, are all residents and tax payers in this city, paid nothing lur the city, but weie acting adversely to its claims and its interests. TLe aggiegate amount thus expeneded for the city, and to which extent it has been relieved from taxa tion, is, since 1847, the year of the organization of this Commission, over $2,260,000, and has been for tbe last live years, at the rate of over $300,U00 a year. It must be always born in mind that the Commissioner* of Emigration have no discretion as to the amount of their cxpefRiturea nor any claim on the city or Mate treaanry to make up deficiency or en large their income, but they are the administrators of a limited and fluctuating tuna raised from the emigration itself; that the Legislature never mad* it theit duty, nor ever expected that they should support or pay lor all emigrant poor under all ciicumstances, but merely pre scribed that they should do so as far as the fund would al low. either by institutions of their own, or by repayments to tne counties on which such persons became charge able. Tbe administration of the Commission, however imperfect, has thus fhr exceeded the expectation of the legislature, having, during eight years, entirely sup ported the whole of such poor in this city, the whole qna rs nline and marine hospitals of this port, and refunded tbe counties in full to within the last tew months, during which last j-eriod a dividend of 66 per cent ha* been paid. 3. The third and last point of complaint by the Gover nors ia the refusal ot the Commissioners to receive the lu natics who have been tendered, according to their resolu U ins. On this tbe Governors expend a great deal of un necessary indignation. If the spirit of fairness were aa evident in the Governors' report as ia their eagerness to embatrass and misrepresent the Commission, they would not have been guilty of some important omissions which your committee will proceed to supply. Last winter the Governors, in the same style as they now propose, '? united themselves at a committee," and proceeded to Albany to correct 'he abuse* in this Commis sion, and to amend the defects in the emigrant law*. A bill for that purpose was accordingly introduced into and passed tbe Assembly, without notice to this Commission. In that bill waa a clause authorizing the Governors to transfer lunatics to the charge of tbe Commissioners, just as they have recently attempted, and of the reiaaal to receive whom by the Commissioners they so much com plain. Ibis clause was stricken out by the Senate, and tbe whole idea of such a thing repudiated. Tbe Gov ernors return to New York, and holding up the Commissioners to public view as adverse to the city? mal-ailministrators of the law?riotatera of "the legal pledge" under which they receivs the commu tation fund, exhibit the greal respect entertained by themselves for law and legislative action, by attempting to do just exactly what the law forbids ana the Legisla ture ha* but recently prohibited. 1 ben, again, tbe Commiaaitnera have no authority or light to receive lunatics. The laws of this State are ex press on that point. Lunatics are to be examined by two justices of tbe peace, and committed to auch secure place as may te provided by the overseers of tbe poor. In thla city, by the Governor*. It Is made the duty of the Gover nors to provide such place, and If a public asylum, the approval of It by the Supervisors Is neceesary. The <?o vernor* have not and cannot provide any of tbe institu tions on Ward* Island aa a At place for lunatics, such ts Would meet the approbation of the Supervisors, for there 4s no such edlflce on that Island. Yet, in full view of this law and these tacts, the Governors undertake to transfer to an Irresponsible place, lunatio* who have been com mitted to their charge by the Judgment of a oourt. ami for whose custody they are responsible to their friends and the public. They complain, too, that the Cowls sionera, troubled, perhaps, by a q nibble, refused to aid them in their open and direct violation of the statutes. The law makes such an act as the Governors eoutcm temple ted and attempted, a misdemeanor, punishably by one and imprisonment, and but for the resistance of the Coroml**i"ner* to this attempted unlawful act, the Go vernor* might have found themselves inmates, instead ,.f visiter*, of their penitentiary establishments on Black we'l's Island. Your I ommlttee having thus disposed of the rlaims and charges in the report of (he Governors, derm It a proper time to call attention to some past matters and the action had thereon. Krom time in time during the le-t few year?, differ ences of opinion have arisen t^tween this Commissi"" sod the l ove r.ci?, n regard to the Unlive of each, a?l" SZSLIP*H.of 4h* under pointed and i.Tli Co?fcT*nc? **"" made by the commkSe of tH. ProP??i'i<" legal 'luestionsofUw t,, t?l , , '?!Lrd 10 ,"lbn' the city; but thia offer wu a jf4 .offlcer And ?<*? Another proposition walfi^' i. ? 4,19 oth"'' that certain points should tousi "ubD4ltted and ad J. I. toddingtVn who had to ^'^"n, ?? Hon. Wml HavemeveT ?"? of <*ow and Judge Wm. Kent, we're seUctl{ ?' ^45 tJommi point, were on a case ma ? T..Ti^ "J aTbi'<"?"-o?, last gave their consent ou the aasuran^I ?hf? should be no more offered. This occurred hit &? las^ th2rw legislature was. assembled I I a*"ninrtful ?t thie arraneemen a hilf a?f Clu? 40 1,6 introduced into the Asa. r?i Llnr?,l e 4" itH effect wMrh was to Jtt t_ i ' moht DHtorkl of the nninta ?m?i eora^EttM^2lW ** decldwi aM atx'Vf mentioned. - mlttee hare no comments to make upon this re uZryto^ZmeDt' "C'pt ^ th.tTe L& grant lawH ^Tf"???r TV' ,auy alteration i? th. tkt wit i jSliwu 4h? future, but ,, a cated hy'tW 2?! >W48 propoeed, ' desired ant, f emigrant tund L^"' *D)n"? thaM '^igeable ' - onflned af'er'crmJw? "f emiffrftDt? who mi eons conviction as vagrants or disorder 1 itSdteenmade?Xtine?;wMUttl?e matters invo | oon followed by th* enm ct 01 amitabl? ?djuatmei I Governors have taken lem.1 ml*. ? ?1^' , 5 a Commission; but as usual, not satisiimi^itb^'ho 1J the remedies which the laws afford ?*. nil ? j made from which it is .aidy ^ bef^'r^T * legal steps have been adopted against this Commiss Your committee, nevertheless, would recommo,, do hereby offer, if 'this report beadnpt^Td^ rlfJin!* ^ ? agreement of submission to l I .aldington, Havemeyer and Kent, as above state, agree to any other equally competent and knowr terested gentlemen, and thus without litigation an. out feeling, to dispose of ihe matters at issue betw< Governors and this commission. fonnH^i1^1 tbu TT of ^ Governors been far afbrWinf *v " ,Tn ?hown 40 be-1119 commie dins oi t^ti i ./1'rh4 veare diminished tl and P**d annuully large sums dire ?r,4?e nVPort "f the insane who had no means of keeping, had a right to exoect and libera! indulgence atthis poculiar juncturl SH tf/f> Publ5l DOtorietJ which must be lamiiia the Governors, that a great snd unexpected dim! of emigration has occurred since January 185.r> consequentreduction of more than one-haliot' tin srt:f0,nffii?,loo: whhKt 4he n^b?r of remlloiVfa? former years and the consequent '. remained the same. A vigorous and efficient r?' of expense, in all departments, rendered prlcS the Immense beueflta arising rrom their lately * t *r m.ke'lE w1"' 14 is ?P?ctii, SL diminished income quite adequate Slriod o?dteXp?nWHo,n the m?anwhile, Lowe 5f,.tc?P?rary-financial embarrassment in lairs of the tommisslon could not but occur and WwhtTT w the L9f*laturo the Commissioner* nm efflcHve ?f/ confiding and generous forbeari cause hi ,V' fr0m mitituGons laboring in tb vernors. y regret not 40 luTe found from niihn<ira COm?144ee' in conclusion, utterly regrete P" ,)0 discuasions, and would have recommended in these matters, bad not the report of the Gov m^n/eF V"|W,th "?""tatewente, unfair Imputaiio have id.,eMn,N and aDffry ch"F"- As, L?ye cisi. n of the F,^??r BUbralt l'e,te matters to cause ??rf the tribunal.^?UF C"mraitWe do -t dec! . ,1'1" Commission has endeavored to adrninisi tlFJ? committed to it fairly and impartially for U &' Whln6,^^"1 ttnd for Pce Vthe11 nually, and ^STuS?.4 & - E; whoLKv?bntfr tTuU,h0Be who claim ?nd irtwJTJ' no other Hource has thi? Come ^ lr ?m the moment of its onranigation met wUh i much opposition, ill toeUng, want Sf svmpalh, a K^ten^ thfe)vAlm" ??nse Fdepai'-tn uiK ciiy. I'hls, in view of the pecuniary beoerita i^derivfng fl^Fe ?f it"great interests havederiv. are ueriving frnm emigrauun, was not expected lk7edVon, 11*1 conMd"eJ tl'at this Commission 1 lltved our cititena of over $300,000 a year taxaiio disease lias been kept from the' oUy-ttit hand) fri?"4fi*rK ^ Put aQ ?nd to?that thousr fHeudlesii men and women have been i.roviled w fwi IDridn 7I i,^* "}ck l'aTe h^n healed, the 1 u n*ked clothed, by hundred* And tl 1 4he^,haPPJ "'Ul^ have been in a gr?it m?eu duced by thia tommissiun and under its auspice, ???y expense to the city, your committee appes i SSXS& Uu tor "S^'ST; ] As to U?e immediate controversy in head J charm, of bad faith made against the officers of' th; mission, your committee humbly submit to pub .JSit,?".?'*!'?0'1"* dmrid .el ad?d 'nh^lt u "JXV Z"! ?f P2inta ?f dispute?it off. ^ubmit tiem to the lew offleer of the city?to irerr ii ri am0nfo,,r citieenB tor their intelt s,?J7',u and to the Supreme Co in 1 W , 'ulbSil"Hon?consented to Include in such submission which srere scarcely mooted wl agreement tor it was arranged, and it now renews fer ol such an arbitration; and in ail these thing C"r'7,\0t> pro-positions in perf? alth and honor. The Commission has not declli decision of the law officer of this city. It has not ? agreement it was bound in honor to abide the dec! a^.UH^nae ,lle ?m, n' ru"hod ,0 Albany to | Li .. i debiflf:n on matters which had been ! n? ' when frustrated in this, repudi agreement and commencsl a suit for the enforcen tUt n the" in,or,ne<t the public, in sub IFtLi .v, T measures had been adopted; and it foxtail ^Governor' either to separate new born c from thrir mothers or else lose the expense of th. port. Tbe?e are some things which the Commissi I" which it has not done, and you* Sill y *ubmit the whole matter to the publti ""is York, "*"????. & ? ?? Theatres and Exhibitions Urospwsv Thi^tk*?iir. Korrest will repeat hi lar character of "Metamnra" to-night. The piece is the "Loan of a Lover." be^n^lectid^tinW"IUceoper? "f ' Marltan ' ami HlK^M?;Tening " by 41 ufi??l??An*;rTl? biU for to-night conipr 'l emon of Prance" and "Gwynnsth Vaushn " m Beld and Mr. Johnston are to appear. ^ Bntvo.v's Yhrstrx -The capiui piece of the "pi' the operetta of "John of Paris,-" and the farce of renti<and Guardians" wiU be played to-night lad"vW4,,aek ^oou' lady In Difficulties," "Mrs. Johnston" and "S Piece of Business" for to-night. Te-nlght is positively of Rachel s performances, being for the beneft company. lW attractive ple^s are provide aJ ?" i:"?"" """> ?? iwu JSKgV5K,,Ml'"^ ?? H h.wi'L0?^!.0,>v-?t'ollins' characteristic entertai excellent * ^ The for t> M*' AI l'rr?' continues to do welj at Me. Thk "? Brxxm Hiu. axd Sisr.n or S?v it* well et ended at tbelr reHpectiTe ball*. , fAVSoro is to give his entertainment, ? few^ays n "nd otlj?r lands," in the c isin^' Auti-GiBBs wlli commence her pleasins tainments in Newark on Monday evening next. Dfilriutlrr Con flag ration In Ctnclni [From the Cincinnati Columbian, Oct. 16. The watchman employed at the planing establ and mh, door and blind manubctory ot Mesar*. Guild h Co., on Front, near MUl street, want off a little after half-pant Are o'clock yesterday n baring previously roused up the watchman b guard the premise* on Sunday. The latter rot, ward reached the bctory, and discovered Are basement story. in a part of the building remote t engine and where ordinarily there wae no Are. ' The alarm wae promptly given, but the Aantef with grant rapidity, ana soon wrapped the w( stories In Aamee. He large quantity of dry ? manufactured good* in the building rendered i, aibte. although the firemen did their duty wall, * the Aame* until the rant pile waaahieap of ruin?.j ing to the adjoining buildings, the Are deetrf ?tabIa? of Meaera. Henkie, Guild k Co., a frail, owned by n Mb Smith, and a (table and natt> owned by A. B. Holabird fc Co. Of Henkia, Guil?' building, the basement was occupied by a grindli shop: the firft, second and third stories by MeesiJ tie, Guild k Co.; the fourth story by S. J. Jobmf tura manufacturer. and the Arth story by the tl Manufacturing Co. ? The horse*and wagons in Hankie, Gnild k Co.* were got out safely. The entire lots by thia Are little short of 0260 000, and it will deprive a large" of working men of employ ment. Messrs. Beak . k On. will lose on their building, about t40.000: Mock and machinery, about 070.000' and they t about 800,000 feat of lumber, a (table, and ot^ They ere entirely uninxurod. The Cincinnati ? turing Company nave lost several hundred di? botes, ami several hundred refrigerators, as \ laige quantity of (tock and machinery . Mr S. J. John*, cabinet manufactory. has bl and machinery to the value of $16,000 or ?-*? which there Is a small insurance. ? A. B Holabird k Co s lews will amount to * ?4 000. No Insurance This fire la a very -c?J| to the worthy enterprising and aelf made me* property l.as ffauabeen swept away to gratify tM meligiiiiy ol some scoundrel. e ( Gov Johnson, in his annual message to the F I iwislatura last week, gives the state debt at Ml o (which Is direct and 01,762.000 loaf dorscments. lie adds that 0156,219 of the debt purchased by the State, being proceed*.,f the ? of tlie State in the I'lanters' and I nkm Bank of see. Gov. Johnson again reeommends an amen the constitution of the 1'nitad Jt?te?. meki|.g I dent elected di eclly by the people.