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The currency and law.

--In cases of grand larceny and misdemeanors, our city Judges and the Mayor have decided that stolen articles, to amount to the former, must be worth at least $20 in specie. They take the ground that when the law was passed gold and silver were the standard currency, bank notes them representing gold and silver, the banks being specie-paying. If this decision is sustained by the higher courts — and we can see no good reason why it should not be — the thief who steals $110 of Confederate money at this time is only guilty of a misdemeanor, specie being worth six for one. If the Confederate notes were made a legal tender the Legislature would no doubt so amend the criminal laws as to make theft of $20, Confederate money, a felony.

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