As a newspaper, the _New York Herald_ stands at the head of the city dailies. It aims to be a vehicle for imparting the latest news of the day, and as such it is a great success. Nobody cares for its opinions editorially expressed, for it is the general belief that the _Herald_ has no fixed opinions. It is valued here simply as a newspaper. It is beyond a doubt the most energetic, and the best managed _newspaper_ in the city. Mr. James Gordon Bennett, the elder, has no rival in the art of conducting a popular journal, but his son, Mr. J. G. Bennett, jr., does not seem to inherit his father's ability. Young Mr. Bennett is now the managing editor, and since his accession to that post there has been a marked decline in the ability of the paper, which, under the rule of Mr. Hudson, was unquestioned. Nobody expects consistency in the _Herald_, and its course to-day is no guarantee that it will hold the same tone to-morrow. Mr. Bennett aims to float with the popular current, to be always on the winning side, and he succeeds. The advertising patronage of the paper is immense. The _Herald_ office is one of the most conspicuous buildings in the city. It is located at the corner of Broadway and Ann street, and is built of white marble, in the modern French style. Below the sidewalk are two immense cellars or vaults, one below the other, in which are two steam engines of thirty-five horse power each. Three immense Hoe presses are kept running constantly from midnight until seven in the morning, printing the daily edition. The rooms and machinery are kept in the most perfect order. Nothing is allowed to be out of place, and the slightest speck of dirt visible in any part, calls forth a sharp rebuke from Mr. Bennett, who makes frequent visits to every department of the paper. On the street floor, the main room is the public office of the journal. Its entrances are on Broadway and Ann street. It is paved with marble tiles, and the desks, counters, racks, etc., are of solid black walnut, ornamented with plate glass. Every thing is scrupulously clean, and the room presents the appearance of some wealthy banking office. [Picture: THE HERALD OFFICE.]