The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-16

| oehs disposed or The attendance was large, and III
bidding was animated; but there slight decline II
the prices received from those OF month ago Middln
fair New Orleans and Memphis cotton sold for ythre
cents per pound, and strictly mddling at from fifty
ahalf cents to lfty-ono and one fourth cents.
The steamship City Of New York, Captain Leitch, o
the Inman line, will sail day at for Queenstown
and Liverpool from pier "A North The mails viii
| close at half past ten A. NJ at the Post Once.
The nne steamship Matanzas, Captain Liesegang, O
the Atlantic and Mississippi steamship line, viii sail Al
three p NJ to-day from pier As North river just above
Canal street, for New Orleans direct.
The steamship San Salvador Captain Atkins, OF the
Empire sdewhee line, will sail to day for Savannah
three p N. from pier No. North river.
The steamer Gaatea which did good service for ouI
government during the rebellion, and was afterwards
sold TO tho government of the Hayen republic. sailed
yesterday from this port where she had been for
time undergoing the process Of being fitted out Hay
ten of. war, for Port Prince. She has
of fifty FOUNDER and ten thirty FOUNDER Parrot,
guns and is oficercd principally by white men who
served In the Union ees during the late Her crew
is composed chiefly Of celored who also have
completed their Of service board United States
naval vessels.
The City Council Of Washington inconseQuence Of the
introduced In Congress TO extend the voting
privilege 10 the coored people Of the District Of Colrm
ba propose to hold election Thursday next 70 do
eide the feeling OF the white voters I'm the matter.
There large fires Thursday In the towns Of
Ncwburg and Oswego, in this State In the former q
sash and blind factory. factory, miwrigh shop
dwellings destroyed involving losses aggre
eating nearly forty thousand dollars all Of which
covered by insurance In Oswego the steam sawmi and
shiryard Of Chandler wilmot were partially consumed
and the hre caught the shipping in the river but did
great damage to IT, Thirty thousand dollars is the est
mato Of damages
William Willis, who was TO have been hanged yester-
day In Kingston N Y, for the murder OF Mrs Rock
WE'LL has had his sentence commutei by Governor Fen
ton to imprisonment for life at Sing Sing.
The stock market active and strong yesterday
Governments a fraction higher Gold closed at
la64.
The advance OF gold yesterday occasoncd increased
buoyancy mness in trade circles and both fore
and domestic goods generally sold at an improvement
There speculative inquiry than for some time
previously Groceries dull but rather steady
Cotton less firm, with fair demand Petroleum
was shade easier On Change -four was again higher
Wheat and corn also in sellers favor, with fair
demand. Oats were somcw hat nrncr. Pork was ire
gular closing lower Beef unchanged. lard was
steady whiskey ruled decidedly active. and
higher closing firm at the improvement
ACKNOWLEDGEMENTS CONSTITUTIONAL and
the Radical, the Right and the Wrong
Way. =
present Congress have pretty broadly devel-
oped the reconstruction schemes and pur-
poses Of the leading Northern radicals The
sweeping caucus resolution Of Stevens, which
has been substantially adopted as the rule of
action OF the two houses, indicates so far as
The radicals have the power, the exalu-
sion Of the late rebel States until they shall
have complied with other conditions In addi-
ton TO those laid down by tho President for
the guidance Of the new Southern conventions
and legislatures. What these other conditions
are likely to be we may conjecture from the
propositions introduced into the Senate. by
Messrs. Wilson and Sumner, the two autheri-
tative radical leaders from Massachusetts,.
First, we have the bill introduced by Senator
Wilson. declaring null and void all laws here
toforc in force or held valid in the late insur-
rectionary States, making any inequality Of
civil rights and immunities among the inhsbi-
tants Of said States on account of race and
color Next, we have q resolution from Mr..
Sumner, declaring, in reference to the excluded
Southern States, that cit is the full duty Of Con-
gress to take care that no State declared to be
in rebellion shall be allowed to resume its re-
lation to the Union until after the satisfactory
performance Of Eve several conditions, which
conditions precedent must be submitted to
popular vote and be sanctioned by majority
of the people Of each State respectively, as fol-
lows:-The complete re-establishment Of 10y
atty as shown by an honest recognition Of the
unity Of the republic and the duty Of allegiance
70 II at all times, without mental reservation or
equivocation Of any kind; the complete sup
preston Of all oligarchal pretensions and the
complete acknowledgment Of oil citizens, so
that there shall be no denial Of rights on ac-
count Of color or race, but justice shall be i'm
partial. and all shall be equal before the law;
the rejection OF the rebel debt, and at the same
time the adoption in just proportion Of the no
tional debt and the national obligations to
join in any measure, direct or indirect, for their
reputation or in any way tending to impair
the national credit; the organization of an edu-
cational system for the equal benefit of all,
without distinction Of color or race; the choice
Of citizens for Office, whether State or national
Of constant and undoubted loyalty, whose con-
duct and conversation shall give assurance Of
peace and reconciliation
These propositions Of Southern reconstruc.
| ton, IL will be seen, would reduce the States
directly concerned to the MASSACHUSETTS stan.
dard of political equality, which goes far be.
yond the standard Of loyalty required Of the
several States by the federal constitution. But
granting, to shorten the argument, that, under
the war power, the general government may
impose upon the late rebel States the condi'
tons Of Mr.. Sumner, including negro suffrage
and common school system, upon footing
of white and black equality, what would IL al