The New York herald., 1867-03-21

The financial "winter of our discomfort" must
follow the order of nature. We must patiently
endure its diminishing rigors until golden
prosperity shall return. The premature re-
sumption Of specie payments would cause
disastrous panics which would postpone
indefinitely the good time coming.
The Foreign Policy Of the Emperor Napelesn--
Debate In tho French Chambers.
According 70 one of yesterdays kilograms
the foreign policy Of the Emperor had been
vigorously attacked in the Corps Legislatif,
MN. Theirs and Favre declaring that the
encouragement which the Emperor had given
to the unifcation of Germany and Italy had
proved hostile to the interests Of France.
Count de Chambord, the chief of all the Bour-
bons has already with much seriousness and
sorrow told France and the world the same
story. Such, therefore, it may be taken for
granted. is the general conviction of the legti-
mists. N. Theirs may be regarded IS giving
expression to the general sentiment of the
| Orleanists. Nor Is it possible to doubt that
M. Jules Favre speaks in the name Of very
large proportion Of the liberals Of France. It
is not difficult to understand the position
assumed by the Count de Chambord. The
position of the exPrime Minister Of Louis
Philippe is equally Ineligible. 1t is impossi-
BILE to deny either the one or the other the
merit of consistency. How the leader Of the
French liberals should adopt such course it
would be less easy to understand did we not
bear in mind that there is nothing which
| so completely blinds a Frenchman to
justice and reason as that which touches
or seems to touch the greatness OF his
country. With united Germany ON the
one hand and united Italy on the other
every intelligent Frenchman sees that his coun-
try can never again occupy the same proud
and prominent position which she has been
wont to occupy in the European system, and
that her influence in European councils must
be materially lessened 1t is our conviction,
therefore, that MN. Theirs and Favre have
bat echoed the general sentiment Of the French
people of oil grades and sections of society.
There are many thoughts to which this view
of the situation gives rise. One is that the
Emperor has been slightly outwitted. He is
entitled to all praise for his policy towards the
Italians. History will not refuse to admit that
the unity Of Italy rebounds to his lasting honor.
But the Emperor did not calculate that united
Italy, which he encouraged, and united Ger
many, which he did not encourage, should
spring into existence at one and the same
time. This is the difficulty which the Emperor
equally with every intelligent Frenchman feels.
Another thought is that foreign war which
promised to win back for her her proud position
would not be unpopular in France. Were it
not for this Exposition which, fortunately or
unfortunately, he has ON hand, we do not be-
lieve that either his infrm health or his ad-
vanced years would prevent Napoleon from
engaging in some such enterprise.
Tho Ferry Leases aad City Frauchisos.
We perceive that lease of the Staten Island
ferry has been granted to Commodore Wander
bilt for the next ten years at the insignificant
sum Of one thousand dollars year. Now, the
income from this and other ferries is part Of
the property Of the city, which goeoto tighten
taxation. The Staten Island ferry, which in
fact embraces three or four ferries, could be
leased for one hundred thousand dollars .
year, and there are, no doubt, companies who
would gladly pay that price for the leass. But
unfortunately the law requires all parties onsr-
ing to lease 1t also to purchase the boats and
other property Of the present owners, and at
valuation which, under the circumstances,
might be inconvenient and improbable, -
some Of the boats are pretty well worn out and
the docks and landings In very Indifferent con-
dition. II is notorious that under the present
management no attention is paid to the safety
or comfort Of the public on the Staten Island
ferry. It is for the profits which 1t returns,
and nothing more. II is therefore to be regret
ted that this ferry should be left in the same
hands for ten years more. The lease Of the
Union Ferry Company Of Brooklyn is pro-
tected by the same provision, requiring pur-
chasers Of the lease to buy the property Of the
company, and in order to keep the lease in
their own hands the company has for some
time past been erecting costly buildings ct
each Of the four ferries under its control, so as
| 10 render the purchase Of the lease by outside
bidders too expenslve, and thus keep the
monopoly in their own handa II the law
upon this point was altered four times the sum
which the city now derives from these ferries
could be realized, and the meney which now
goes into the hands Of few millionnaires would
90 into the city treasury, where 1t properly
belongs. We presume that II ID in the power
Of the Legislature 70 change the law upon this
subject Of the city franchises, and We trust that
they viii give some attention TO 1t before they
adjourn.
The Last 81 Tanaany Hall.
Tanmany Hall has been sold. The sachems
have resolved that the old headquarters shall
know them NO more, but that they win take
their scalps and tomahawn 10 some other
locality. Some months since, after his defeat