The Argus Readers Will Need No

special urging to "go through the President's message, which is placed be'fore him in this paper. And as he is sure to dissect it carefully it is scarcely necessary for us to give either a lengthy review or general comments. Wo cannot, however, forbear saying that in its financial featuros and recommendations it is rather a weak dilution of the Deniocratio platforms of this State, New York, and Illinois. The President, at least, has read aright the meaniug of the recent political changes. In the light of election figures he is confirmed in his opinions that an inflated and fraudulent currency was the leading cause of the late panic, and is responsible for the present general stagnation in business. This is evident and palpable, though the language he uses lanks the clearness and vigor of the average Democratie editorial of the last campaign : that U out of Ohio and Indiana. Gold and silver coin he recognizes as the money of the world, and urges Congress to take prompt steps to insure an early turn to specie payments ; and navmg read the Kalamazoo platform he recom mends as a mean to this desirable end the repeal of the legal tender act. In this view his Secretary of the Treasury concurs, and it is but fair to say that the language used by the Secretary is much more vigorous than the diffuse and sprawling sentences of the President, and that his arguments against paper legal tenders are not as stale and threadbare. The President also sees the evils of the vicious tariff or miscalled revenue system, a system which pretends to levy taxes for the support of the government, but places them on articles which bring little or no revenue, but pour millions into the pocketa 'of the inanufacturers, whose agents in Congress have so well looked to their intereats. And here, too, the Preaident is at one with the Michigan and New York and IlUnois Deinocracy. Secretary Bristow also concurs with the President, punctures the demagogue's cry of a " a free breakfast table," and recorurnends the restoration of the duty on tea and coffee. He says that taking off the duty on tea and coffee has not cheapened those articles to the consumers; but that it has taken about $20,000,000 from the treasury. This snm lost has been made up by taxing manuctures for the benefit of the manufacturera, or say $2 to the manufacturer for every one turned into the treasury. The President's exposition of the difficulties in the South, Louisiana, Arkansas, etc, ia not so clear. It is evident that he is not quite ready to cut loose from his party, though he is compelled to concede " that the whole subject of executive interference with the affairs of a State is repugnant to public "opin ion, to the feelings of those who, from their official capacity, [meaning position] must be used in such interposition, und to him or those who must direct." The other topics, such as the military, naval, and postal departments, our foreign relations, etc, we will not notioe at this time. A terrible state of affairs exista on the Mexican frontier, judging from the accounts which reach us through the papers. Armed bands of Mexioans are eontinually Crossing the Kio Grande above and below Brownsville, and going on their niarauding expeditions with perfect impunity. They have gone as far inland as fifty miles and laugh at the careless and bungling attempts of United States troops to pursue them. The Mayor of Matamoras, just over the river from Brownsville, is General Cortina, a notorious robber himself. He has half a dozen fine ranches in easy reach of his juriadiotion, and when the stolen herds from Texas are brought over it is a notorious fact that he buys the cattle and puts them on his ranche and then affords every proteetion to the robbers. Of course he makes money by t.hia arrangement. The marauders purchase security from pursuing Texans by selling to Cortina for $4 a head the steers which are worth $20. These bands have already carried off $20,000 worth of stook and valuables. In many instances they burned and destroyed through mere deviltry. The life and property of Americans have no protection for a hundred and fifty milca along the Kio. Everybody curses the Government for its apathy. An act of Congress prevents the Governor of Texas from arming hia own people to defend themselves, so they are at the mercy of these yellow devils. There is serious trouble to come for the whole country out of these border outrages. Bootiis theatre was sold on the 4th on the foreclosure of a mortgage for $100,000 held by the estáte of Oakes Ames. The sale has been postponed several times in the hope that the friends of the tragedian would cancel the mortgage. The sale was announced for bids including the mortgages, but as an idea seemed to prevail that the full ajnount of the mortgage had not been atated, it was agreed that the bids should bo for amounts not including the mortgages, and was knocked down to Oliver Ames for $85,000. The property is valued by real estáte agents all the way from $600,000 to $800,000. TllE people of Michigan are realizing about these days what it oosts to have a Ropublican adininiatration. If the large fund now in the hands of the " bank ring," at 4 per cent to the State, was applied toward the reduction of their taxes it would make many a poor man happy, who does not know what turn to make to get the nioney, or has to borrow it at 15 per cent, to pay them. Ben "Wade says that the Civil Rights Bill is what did it. The New York World says : " Ben is mistaken. Coinpared to the mixture of odors emitted by the Radical cloaca of corruption, the separate smell of Sumner's Civil Bights BilL is like the distilled esence of roses."