The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-09-01

Early THIS month there was every probability
OF an unusually large revenue from customs
The importations were rapidly increasing, and
the duties were for time nearly double those
for the corresponding period last year. In fact
the new tariff.-the ad valorem tariff OF 1876
bid fair for time to give gross income from
customs. many millions larger than realised In
any year under the protective tariff of 1872.
This very gratifying state Of things, par
tcularly on account of the large deficiency in
the receipts into the Treasury of the Govern
ment, compared with the expenditures, in I e
previous quarter.
This fair prospect has become dissipated, and
the present appearance of things connected with
the public finances, is any thing but favorable.
There has been great falling off in the receipts
from the usual sources of revenue, while the ex-
penditures, on account of the war, are daily and
rapidly increasing. The loans still in reserve
must be at once negotiated, and the first act Of
! Congress, when 1t conyenes, will, without
! doubt, be the creation If another loan equal to
! the last. The bids for the loan Of eighteen mil
lions Of dollars, authorised by the act Of Janua-
49,, l347, were for about three times the amount
required, and the probability is that new loan
for twenty-five millions of dollars would be taken
on the most favorable terms. There Is not the
slightest doubt but that the government can get
all the money it wants, at rate OF interest not
above six per cent, but we are fearful the crea-
ton of these large loans will compel Congress
to modify our commercial and financial systems,
to meet the exigencies growing out ola protract-
ed war.
We have already seen improper and illegal
constructions placed upon some of the most I'M
portant sections of the Independent Treasury
| Act. Its most restrictive provisions have been,
in practice, modified, to enable the government
to carry out some of its financial operations,
more favoraby than it otherwise could, and the
tariff of 1916 WILL we are fearful, fall short
of its object 1t is impossible to give any
new financial or commercial measure, In
tended for the time of peace, fair trial
during an expensive war, and however perfect
these acts may be- and however favorably they
may work when the financial operations OF the
government are confined to their usual channels,
and the expenditures are merely Of an ordinary
character, they will be found very detective
when state of war changes all the movements
of the government.
Our commercial and financial systems never
were in more prosperous condition than just
previous to the opening of this war and il its
|
ted to consolidate and strengthen our financial
and commercial prosperity, it will be one of the
greatest evils that could possibly grow out OF 1t.
Theatrical and Musical.
PARK Observation-Disclosures the rain last eve-
ming, there tolerably good house attracted
to the Park, by the announcement that Mr.. For
would appear iu the character Of Damon in the
play of Damon and Pythias" II we are not mistaken
this in tho early day Of Mr. Forests histrionit
fame the part In which no esp ecay exceed 1t Is ye
capital performance but by means to DO compared
with his King Lear. This may be the fault Of the
quire energy and there are many such In the part
Damon, the briliancy Of Mr. Forrests talent appears
pathetic tonchss which tell With such great effect.
these passages Mr. Forrest does not fail exactly but
certainly short of the effect which he gives to
holder touches Are not to be favored with the
Torrance Of Richelieu'' during the present engage
msnt! We told that the Cardinal rs performed b
him. is worthy to rank beside his Lear. Tonight tn
Gladiator is be performed when Mr.. Forrest az
pears spartscus. the Thrsoian The stock actors
play Tor the purpose Of enjoying dramatic exhibitions
may be assured Of seeing the leading parts we'll
Means" in which Messrs Bass, HELD, Stark, fovey
Chapman and Heath, and Mrs. Vernon, Mrs Abbott an
Miss Kate Horn appear
BowERY THEATRE Mrs. Shaw continues the star o
attraction at this favorte place Ct She up
pears nightly In the character In the personation
that the great it Is for her acting
be excened by any the stage 1t is needles
refer to the innumsrable gems with which abound
for the day gone by when criticisms her perform
would be received with any attention. Her repu
tation sealed by the public years ago. and maj
ter Of course she receives the patronage che deserve
She will appear this evening Julia In the Huncf
backn which play together with the drama Of the "F,
" ing Dutchmann compose the bill II must not be fol
gotten that this is positively the last week Of Mrs Shaw
u engagement
CHATHAM THsArRE.-There will without doubt b
another great and crowded house at the Chatham hes
this evening" for the bill of performance that lie
nounced is such would draw large audience an
where In the first place. Mr. Neahs, long and favora
bly, known to the tGeatre public will perform tn
part Of Damon, in the play Of " Damon and Pythias
then the polka will be danced by two Of the Carlo fami
w.. An original polka viii be danced By Mr. Holland
Bud" will then be performed, and the evenings amuse
ments will conclude with the comic pantomme entite
wheh aas bssn renewed several mss With tn.
rapturous applause. Surely there will be crowde
house at the Chatham tonight.
PALMo,s OPERA HoysE-THE RAvELs-There Ia n
storm, wind, hurricane, which prevent tn
admirers Of the Raves exercise from going to their thu
atre. The theatre filed last evening ordinarily
and the performance of with the greatest laugh
ter ever heard anywhere. The vaudeville Of Perfe,
tion," played in very good style and the evol,
o tions the rope, including also the pantomme
- Harlequin Invisible very excellent. Gabriel Rave
in the part Of the Harlequin light q butterfly
This evenings entertainment the beneht of Mi
Taylor and therefore the English vaudeville has grsa
share of the performances The night will begin wit
: tn farce Of "A Loan for Lover" followed by tn
tight rope, different pas de baefs by the Ravel comps
ny, and the whole will conclude with the I" Widow
Victim an excellent play, in which John Seton give
the best imitation possible Of the good actors
Of America. Miss Taylor will enchant her admirers wit
several songs No doubt the benefit OF" ourn Mary
be truly profitable one.
e CASTLE GAnDEs.-Another fine entertainment will b
given this evening at Castle Garden. The gran
4 opera Of Herman" which Is Tedesoo's trump
Is to be performed, and rendered by the best singers
the company, Luigi Vita Pereili and Novei We ha,
also that Botesini and Arditi, these tw
dromeo geniuses will appear between the acts and