The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-01-10

age, and disputes the WITH On ,0e ttvuv Doc TO
served =S--aF 1S
In the Court OF Common Pleas yesterday the case Of
Frederick sey,e against the National Currency Bank
was argued tho question being whether business arm
is obliged TO know II . government bond Is stolen
not before purchasing The defendants claimed thai
such rule were established would dsprsc,ass the value
or the bonds a negotiable security The decision Is
reserved. - No..
George Wagner. the wife murderer, wAs yesterday
sentenced. at The General Term Of the Supreme Court
to b. executed on The LIST day Of March asxI
In the Supreme Court General Term, yesterday, the
cass Of the People against Engis, Bisrsohis Bauer
Kraushsusr, Clans and Raurchardt which came up
appeal from the lower court, indictments for viola
tons Of tho Excise Law, yithdnwn. the questions
involved having been virtually disposed Of By the recent
decisiou OF the Court Of Appeals Affirming the consu
tonality Of the Excise Law.
In the United States Circuit Court yesterday before
Judge Smasy the case Of Sneridsr VI. Barney, late
Collector Of the Port Of New York, was brought to
conclusion. after heightened trial The plaintiff sought
y recover om the defendant csrtan duties deiains
goods alleged 70 have bean Illegally levied. Tho jury
found verdict for the government This was what b
called ssst trial. and u Involves Of nearly
million Of dollsrs Tho government regard very
important verdict In their favor
Nm the Marine Court yesterday in the Of Hollan
va Zimmerman which was action TO recover damages
for cruel treatment the high seas tho jury found
verdict for the plaintiff for $780,
The steamship Eagle Captain Greene will sail from
pier No North river 1t twelve o'clock to-day for Hs
direct The mails will close at the Post once al
half-psst ten.
h G. Bla,sdell was inaugurated Governor Of Nevada
yesterday.
The people OF Victoria vancouvers Island strongly
agatng the removal Of the seat Of for the
island TO that point
Ars. Lincoln was presented with medal on Monday
last in Chicago By gentleman from France, behalf
Of thirty thousand French people In token Of their
respect for the memory Of Abraham Lincoln.
General and MIRA Grant gave grand reception At their
residence In Washington yesterday.
An application for additional warrants against the lead
ing hotel keepers In Boston, for violation Of the liquor
laws has been refused the ground that there not
SUFFICIENT proof against them.
Tho revenue cutter Hugh hcCulloch now lying at Now
Orleans has received orders to leave for Havana Fri
day. there to await sealed orders Her officers Of
opinion that her mission connected with that Of the
Gettysburg party which loft Annapolis recently.
Ben Butler has commenced suit against 'Brick" Pom.
eroy the editor Of Western paper, for libel laying
damages u 100000
Nashville fireman found himself recently heir to
unexpected fortune OF 500, OO0
Ths nsh breeding project inaugurated by the New
Hampshire Legislature several years ago has become
successful ventura
Tho stock market Was dull and lower yssteday. Gold
closed At Is3H.
In simoss I'll branches Of trade business vss limited,
thers being denand beyond she immediass require
ments 1t the trade and prices stu continued 70 rule
favor q ths buyer Cotton though aotive recedsd
tuily kc. Coffee was sesAAy. On Change Hour ~
less sought fos though vachangea Ia vaaA What was
without material change. Oats were duli and lover.
Corn also shade easier. Pork opened heavy but
closed rm Beef quite active. though heavy Lard
was quiet and tending downward Frcghts were quiet
but steady. whisksy nominal. Naval stores were
steady. Petroleum unchanged
The Movements q the Bourbon Denscrscy-
Tho Contest Of 1868. w !.
The democracy in various places have been
celebrating the anniversary Of General Jack
sons victory Of New Orleans victory to
which the party il indebted for Its successful
debut under Old Hickory. With his retire
ment from the stage, however, began the
decline and fall Of their empire, and now from
succession Of crushing defeats, beginning in
1850, they are in the condition of routed
and scattered army, without q leader and with
out any definite plan of offensive or defensive
operations In this condition let US see what
is the drift Of these 9Th Of January celebrations.
We turn first TO the banquet at Washington,
at which old Mr.. Blair, the father Of the ire
pressible Blair family, was the presiding genius.
The general proceedings Of this meeting were
tboaa ~ n mutual adr,;rafinn soo;ofv. hut
there was at least one character in it and one
proposition submitted worthy Of special atten-
ton. We refer to President johnson, who was
among the invited guests. and to bis toast
"No State, Of its own will, has right under
the constitution to renounce lis place in or
withdraw from the Union nor has the Con-
gress of the United States the constitutional
power to degrade the people Of any State by
reducing them to the condition Of mere Terri
torial dependencies upon the federal head.
The one Is a disruption and dissolution of the
government; the other is consolidation and the
exercise OF despotic power" How far this
despotic power was professionally exercised by
President johnson over the rebel States in
the absence of Congress Is q question from
which this toast might be answered. 1t will
suffice, however, that what he assumed. the
responsibility in doing, Congress has the
right to do-that Is, the. right to reconstruct
the States rescued from the rebellion from the
beginning, and upon the terms justified by the
grand issues Of the war. The Presidents
toast Is somewhat cloudy. Does il apply to
the pending constitutional amendment We
do not know, and yet II was the nearest thing
to party platform that was offered at this
democratic banquet.
On the same day the democracy Of Con-
necticut had grand mass convention at New
Haven, al which q long string Of rattling reso-
buttons was adopted, strongly seasoned with
the old democratic leaven of State rights, glori-
nsxa.< Il -