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r T x Tur Romance or Hisrony—Tue Last War \ 0 RK H ERA LD. For sometime past, the American public has been ————————— . “ New York, Friday, December 5, 1845- amused by a controversy which has been going on —=—= _ =f —— = | between the Hon. Charles J. Ingersoll, the auther of ‘Weekly Herald, the History of the Late War, Commodore Stewart, ‘This publication will this week be a very interesting | Mr. Coles, and Mr. Gallatin, relative to the ques- ood veludble ‘ong. “itil contain. the opening and tion whether it wes the purpose of the executive proceedings of Congress, the President’s Message, pro” government to lay up, or not, the navy, during the bably the Repért of the Secretary of the Treasury, and last war. pe haps the important foreiga news to come by the Cam- M it i , J poe ~ ‘5 Mr. Ingersoll, it seems, has published in his br wile Dereniy # S o'ciock fomozrew morning, 4... on the war of 1812, that there was a’ Cabinet 2 = as; counsel held for the purpose ef deliberating on the zs Special Express from Boston. propriety of laying up the navy. This is substan- We are now hourly expecting the arrival of our spe- tiated by Commodore Stewart, who alleges that he cial express from Boston, with the nows by the Cambria, | 4144 Commodore Bainbridge addressed a letter to If that steamer, made famous one day by having an abo: | iene Madison at the time, remonstrating a ig lition riot on board, in the middle cf the Atlantic, reaches Boston at the right hour, our express will bring | g#inst the proposed measure. On the other hand, her news. We may, however, hourly look for advices | Mr. Coles, who was for many years Secretary to from her, express or no express President Madison, and Mr. Gallatin, who was a My. Polk’s Adininistration—The New Crisis, ™ember of the President's Cabinet at the time, "The extraordinary message of Mr. Polk is still both come out and declare, that no such measure on every tongue, and every journal is treating of it | WS ever thought of, or submitted to the Cabinet in its own way. All agree in viewing it as one of by the Presidemt, the most important, if not startling, documents that | Thus, then, the parties who ought to be the best jras issued from Washington for many years past, | 2¢quainted with the matter, are diametrieally op- srobably since the last war. | posed to each other. While Commodore Stewart “'The President having taken his position, and given | asserts that the proposition was before the Cabinet, of his principles, equally interesting | #"d that he remonstrated, by letter, against the ca unl Europe, the next important question | Measure, Mr. Gallatin, a member of that same se is, “whether he will be supported by | Cabinet, ia as strong terms, asserts that no such proposition was ever deliberated upon by the Presi- dent’s Cabinet. Here we h&ve a sample of the romance of history, and the reliance which ought to be placed upen its valuable statements. Here is an important public measure, which was acted upon a little over thirty years ago—if it was at all— and which isin the remembrance of many living atthe present time, and still the survivors, those who had the best means ef knowing, are actually divided upon the question whether the measure was even ever proposed or not. What confidence can be placed in any history, after this signal discrepancy among men of the highest honor and intelligence 2 Is not all history half romance ? two houses of Congress, touching our foreign uffairs?” Let us look at this impor- tant question in the most interesting point of view. Already the leading organ of the new opposition to ministration, has commenced its movements ming the pablie mind, and paving the way ic, both in foreign and domestic affairs.— The Nuttonal Intelligencer, at Washington,'the reg- ilar organ of opposition to the administration, after some critical remarks on the details of the message, nas the following important and curious article, de- scribing the deep impression which that document has produced upon the leading elements of the whig party there. MANIFESTO OF THE NEW OPPOSITION [From the National Intelligencer } To take a more general view of the me: great length, to which We have already alluded, is scarcely out of proportion to the magnitude of the public conjunc- ture which it will but too probably be the etfect 0! the policy, now plainly announced, to Create. Ie look on it, in a word—should the measures which it suggests be execu« ted—as perhaps the mst important document of the sort which the country has for @ long term of years had present- ed tot As far as the Executive authority or influence can do so, and as far as the open taking of positions so decisive indicates an assured reliance on a legislative support sufficient to carry them out to national action, the Mes. Of Taising the wind. We recollect, however, a sage seems (o us o distinct public crisis of a very startling precedent, in the case of our friend Gen. Morris, te; and. if a crisis, it is as clearly one entirely ve- nd artificial. who had a complimentary benefit given him, by is nothin domestic CompiimeNtTaRyY Concert—New Mop oF Rais- ING THE Winp.—We notice by an elaborate adver- tisement in several newspapers, that the editor of a weekly journal, published some where about the city, is to have a grand complimentary concert given him, by a number of musicians and members of the musical profession, This is certainly a very curious and funny mode ‘ aches sens uk {5 difculties with Eng- which he pocketed probably $1000. The new candi- land; there is everything to solicit us to good under- y 5 standing with her-a Christian love of peace Niechoneat date ought, undoubtedly to reap the same amount, desire of gain, the Warnings ofat least as muchprudence if he has any wants to meet. We must say, how- Ayoruer Suaver Caprorep.—We learn from Bermuda, thatthe schooner Patuxent, lately of this port, put into St. George’s on the 2Ist ult., in dis- tress, and in charge of Lieut. Chandler, of the navy. it appears that she was aslaver and seized at Cape Mount, Africa, by the U.S. ship Yorktown, on the 27th of September, for having been concern- ed in the slave trade. She was on her passage from Monrovia to New York, when she sprung aleak in lat 34 80 N. lon., 60 W.,and Lieut C. was compelled to put into Bermuda, after having been forty-five days atsea. She would repair immediately, and re- sume her voyage to this port. The Patuxent formerly belonged :o Messrs. Read & Hoppock of this city, and was engaged in the Matanzas trade, under the command of Capt. ag tells us that acontest with her must involve calami- “ye fart ph ties for which the event can afford uslittle compensation CV¢T thatif the editor of a “ weekly,” who per- but the dreadful one of having inflicted loss as terrible haps writes only one or two notices about music at we shall have suffered. Athome, the legislation of CX $ 1842 seems, at least, to have brought back one general ‘This paper, is to have a $1000 concert, we think flow of prosperity, of rewarded and happy labor in near. @ daily editor ought to have at least half a dozen ly every branch of industrial production. And, hand in — 2 i hand with this gcadual and healthy recovery, has come Roee mtOLOne be ney aE SSE OTA URED SE the very utmost which, in that particular, a people need ud profess a deep admiration for the fine arts lesire, or its goverument hope to accomplish for it—a lly. i 4 : i good, sound, sufficient, and no more than sufficient cur, Scnerally. The Ga Ee one eae All this being so—and so it unquestionably is— @bout these complimentary concerts, however, for crfrctly clear thata system of measures imminently they do think it 18 about the meanest way of rais- wus af peace, of production, and of the moneyed cit in th i tha lao 4 i culation, is the creation of a crisis in u state of health; a iz the wind that could be invented. There is not dificult emergency mien we were at ease; a conjuncture a more deserving set of men in the community ar ote mpalting when we were wrapped im the than the artists; but they are poor, and are more in We say it with reluctance | but all the threatening wantof business than any of the fat and indolent contingencies which the Administration seems to US edi 1 thus to have seized, appearto us to be little better than °ditore about town. the fulfilment of engagements in which the Executive has been entangled by circumstances—of a supposed ob- ligation on his part to meet the declarations of a party ution. The tariff isto be pulled down, because the rump of the Baltimore Convention issued that dic- when half the members were gone : the Sub-treasu- is to be restored, because the President supported it been fried: and measures most unlikely to ful ore to be taken as to Oregon, because the ve was unadvised enough to make, in an inaugu- al discourse, a declaration on the subject ‘as extreme as it was inopportune ! * Quicqnid delirant reges, plectuntur Achivi !” Our peace iz to pay for the President’s indiscretion ; bur fortunes are to be wrecked that he may be con: fent on the Sub-treasury : our workshops and looms are to be overturned that the appendix to the Bal- Convention may be glorified! But this especial- y, and say at solemi by an extra official dic- tum, pronounced p ¥ in mere inadvertence, the Ex ecutive at once disabled himself, and went far to disable { Britain, from taking a proper course in this nego on, end conducting it ina due spirit. We protest rst having the mighty y i with, as has been don Clark. She was sold, and then left here in charge the example, and Sir Robert Peel following of Capt. Davis, on the 27th of June, and arrived at rey of the common law disqualifies, in acase yy Ss i > the lowest criminal, to sitas a jury. Monrovia on the 9th of August. She carried out a gny, one har mede-up oc eiereden een be- Jot of religious books and \racts, which were spoken e : \ fous that here, i f pi tr ¢ the lives of thousands of unoffending people are at 0! ia tne highest terms of piety by the African Lu- minary. a President and a premier ehould be allowed to . pledged, by every principle of pularity, ‘before they know what can be t to be done, to yield nothing. however, yet “another general aspect in h we are bound to consider these main recommen us A body of measures-as a system, whether r such or not istry has no more jure divino about it than robably has greater, not less, need to consult the popular passions on subjects where they lis- ten bat little to reason. The Executive should see that n Government is as little like to give way on S question as he ; that, therefore, serious possibilities o! a war are involved in his refusal to compromise or arbitrate ; and that these are strengthened, if what he Proposes to Congress be done. War, then, is quite a possibte part of the political programme which he offers. Aud how does he propose to make us ready for it? By With which he w ? Mrs. Vernon, as Theatrical Park Tuxatne.—Last evening, being Thanksgiving night, one of the best bills we ever saw was presented atthe Park. The house was very well filled bya fash- ionable audience. The evening commenced with the sterling comedy of “Speed the Plough,” in which was the very strong cast of Mr. H. Placide as Sir Abel Handy, Mr. George Barrett as Bob Handy, and Mrs: Biand as Miss Blandford. Of Mr. Placide’s Sir Abel, itis unnecessary to speak. It was one of the richest per” formances we ever saw. Mr. Barrett’s Bob Handy was a capital performance, only marred by the bad tasto dressed. Mr. George Andrews and farmer and Mrs. Ashfield, very ively and spirited ; and Mra, Abbott we never saw look ir coffers By invigorating the ai we @re tocarry on No: : d abolish home industry, that we may have t more charmingly. We very much doubt, if the bu upplies independent of foreign trae iy was ever played with a stronger After the These are, it appears to Us, the geuersl indications of dy, the second act of the opera of Massaniello” this ominous Mess: ‘5 18 a most significant and curious article some respects, its opinions are acurate was played, in which Mr. Brough as Pietro, and Mr. Pearson as Massaniello, sang remarkably well. All the original songs and choruses were given. Alter this, the petite comedy of “His Last Legs,” in which Mr George Barrett, one of the hest living representatives of the legitimate Irishman, appeared as O'Callaghan, was performed to the infinite amusement of the audience and the evening closed with selections from “ Der Freis. chutz,”in which Mr. Brough and Mr Pearson appeared in some of the best songs of the opera, concluding with the ineantation scene. ‘This evening is the benefit of Miss Delcy, and the last evening of the opera, when the opera of Lucy of Lammermoor,’ in which the Delcy a new party is about to be created, to get upa {eure appear and the capital farces of “His Laat striking opposition tothe President’s measures. This «Peculier Penton will benlayed Greener beast: party will be composed partly of natural,jand partly of © Monday avening next, we are to have the Jong- artificial elements. There can be no doubt, and we 100K€d-for treat of Mire. Keun's personation of * Ton,” rt with which she has so delighted the Bostonians. agree with the Intelligencer, that we are in the com- Bowsexy Turatax.—There was an immense assem, mencement of @ crisis of the greatest magnitude, that : it blage at the “ Metropolitan,” last night, to welcome ever took place in our foreign and domestic affairs: the very attractive bill put forth by the enterprising Tcmay as possibly lead to war, as to any other result; anager of this favorite and popular establishment.— but we do not think that in the course of events, it Mrs. Shaw as “ our neighbor” Constance—the dashing, can lead to such a result before two or three years. Volatile, end romantic heroine of Sheridan Knowles’ itis certain, however, that there may be a revolu- (ion in the monetary system of this country. The banking system is placed in a perilous condition, as wellby the message of the President, as by the movements which are making by his party relative to the State banks, here and elsewhere. If a new opposition be organised in Congress, on such grounds, no doubt there will be a great com- raercial crisis, attended by the highest excitement, during the present session of Congress, and for many years to come. We may have another and a larger edition of the times which characterised the country from 188€ to 1837. But this opposition will hardly succeed on the grounds they have now tak- en. The very effort will be to create such a move- ment as will give additional energy and force to the vew administration. Even the elements of opposi- ‘on in his own party, the President will swallow up in one mouthful, All the great and aspiring men— such as Calhoun, Cass, Benton, and otherse—will tave to support his policy, or be thrown off the rail- an track to fortune and futurity. herring pond. ‘Then why leave us? They appear de- ‘ rib out for a great panic, in politics and trade, , termined to do so—success be with them. Mr. Germon oth in America and Europe, about these days. last evening announced the fact, and this is the last In There can be no doubt that this message is the commencement of “a public crisis of startling magnitude,” not only affecting this country, but affecting Europe itself — itis an ominous message, not only to the present British and French Cabinets, but to the opposition in this country. From this manifesto, we learn that o/s. She was particularly Davenport, Milner, and ‘orites here, and by a Mr. E. K. Collins his first appearance) in the character of her father.— ‘The conclu entertainments were well chosen—ap- propriste to the occasion, and exceedingly well per- formed. To-night Mrs. Shaw appears as Evadne, Jit Scott as Ludovico, and Mr. Davenport as Colonna—adde to which, the thriling drama of the Carpenter of Rouen will be presented. The classic tragedy of “lon” is in prepara’ , with Mrs. Shaw in her great part of lon Acwanna.—The Ethiopian burlesque company gave last night the burlesque on the ‘‘Postillion,” entitled the “Post-heel-on of Long Jaw Bone.” It is a capital and funny thing—they also gave a vocal concert. The Dill is presented to-night. Erwiorian Senenavens.—It blew—it rained—it ancle deep in mud and slush, but, notwithstanding, Pa mo’s Theatre was well filled last evening, to witness the performance of this band of unrivalled and novel per- formers. It is truly surprising how they command such sudiences. Nothing but unrivalled talent could possibly doit. While they draw euch hou: it is astonmhing that they should wish to change—they cannot, under aay circumstances, draw better onthe other side of the Miss Nortnan., &e his pretty young cante night of their performances Acrowded house, donbt- trice lost money by her concert. One of our report- ee them farewell. Some novelties will be ers counted the house, and only 47 were found.— Alas! poor young girl! Why so? Where is all the enthusiasm for native talent gone to? Can any one 1? The truth must be told There is a set of and fools who surround e ‘This charming and highly ac- complished young Indy, takes her benefit thiy ; ing at, Old Drury,” and will appear in Donnia ti grand serious operaof “Lucy of Lammermoor.” " Very pretty young de- Those who can appreciate fine musieal talent, and love putanic, and persuade them that they are Malibrans 00d opera, will undoub edly attend. Miss Delcy «l Grisis, when they are only fair and promising %°Wever, is not only a vocalist of superior sbility, but ‘sinners. Young Burke goes to Europe, studies 4% i# #n actrevs of extraordinary merit. This is her while with De Beriot, comes beck, und must be {**t *PPearance this season, and we aro sure there is considéted an Ole Ball. Mary Ann Lee goes a enough gallantry and musical taste in the city to give urope, studies a few months in Paris, comes Pip nite yet " 'ock, and she 1s putupas a Fanny Elssler. The pier th Get Ee ein, poalteor HAH’ anl never be Hébehed ds yee i this city this evening, at the Apollo Rooms. It e will be his firat effort before a dis get a prize in a lottery—by accident tial wudience ae i Balance of Power. The fine packet barque Chancellor, Captain Beau- vois, arrived yesterday from Buenos Ayres, whence she sailed onthe 23d of September. We are in- debted to the politeness of Captain Bofor the early receipt of our despatches. wie The Chancellor was run ashore, in coming into port, by what is called an M. P., a singular sort of pilot, recently started into existence in this city, The intelligence received by this arrival is 1m- portant, not only to those engaged in trade with the Argentine Republic, but tothe whole American peo- ple ; to allthose, more especially, who endorse tl message of Mr. Polk, relative to the * balance power” in America. Itisto be perceived that the English and French have carried their interference in the affairs on this continentto a crisis, in actually blockading Buenos Ayres, and all other ports be- longing to the Argentine confederation. On the 2lst of September, two days before the Chancellor sailed, the commanding oflicers of the English and French squadrons, posted a bulletin in the commercial room, in Buenos Ayres, declaring that port, and all others belonging to the republic, under blockade afier the 24th ; that all vessels ar- riving after that date should be ordered off, and all neutral vessels in port should have fifteen days to discharge and load. Should the blockading squad- ron allow no more than the fifteen days, it would be impossible for the ships in port, eleven of which were American, to load, for the decree that Ro had issued a fortnight previous, compelled all the inhabitants to drill from 4 to 6 P. M., which lessen- ed the hours of labor atter the Custom House closes in the afternoon. The measure will be of serious injury to the American merchants. There are several vessels now on their way trom this port to Buenos Ayres with full cargoes; they, of course, will have to change their destination, perhaps at a great loss Other vessels are on their way from other ports in this country; all these will be ordered off, at a loss to their owners. Will it not be necessary for our government to increase our naval force in that vicinity? . The annexed official document will be of interest just at this moment. The first 1s probably rendered null and void by the blockade. {From the Buenos Ayres British Packet.] Finance Drrantarn Sept. 3, 1845. eration the present t Burnes Ayni ‘The Government taking into con state of war, has ordered and decreed Art. 1.—For the present, and until otherwise ordained, all vessels coming from foreign parts, and not comprised in the decree of the thirteenth of February last, may de- pesit their cargoes 2. Liquids are not comprehended in the deposit. 3. The deposit sball be permitted for one year, within which period the owners or consignees of said cargoes may despatch all, or part thereof, in conformity with the law, deerees, and Custom House regulation. 4. The deposited cargoes, in case of not being des- patched for consumption, shall pay two per cent deposit, although they may not have been deposited for one ear. 5. Within the year of the deposit they may be re-ex- ported, in all or part, for foreign ports, paying the depo- sit dues. 6. At the termination of the year of deposit, the own- ers or consignees shall be obliged to despatch them for consumption, paying the duties specified by the Custom House law, without any charge for the deposit In case Of the revocation of this decree, the cargoes deposited in virtue thereof, shall continue to enjoy the privileges of deposit according to what is stipulated in the preceding articles. 8, Let this be published, &c. ROSAS Manver Iysiantn. preceedings of the navil forces cf Great Britai and F.ance in his river, bave at last pro- vi kd a retalia ory measure ou the part of the Argentin» Government, anda decr.e to toe following effect has been published :— The outregeous ' Burvos Aynrs, August 27, 1845. “The Government of Buenos Ayres, $e. “In consequence of the « flensive and hostile proceed: ings of the naval forces ot Ui. B M. and of HL. th+ king of the French, against those of the Argenti nf der ton, and their successive aggressions against the It pub'ic, and in precaution of the cnsequences that may ensue, which the Goverument is sincerely dosirous of averting, it has resolved and decree. Art. 1.—All kind of communication, direct or ‘udirect, with the vessels of war of H. B. M. and of H. M. the King of the French in this port, in those of the -rovince and on its coasts, and in the ports and on the coasts of the Re- public, is, forthe present, and until otherwise ordained, prohibited. “Art. 2.—Any person contravening the foregoing re- solutions shall suffer the ;enalties which the Govern- ment may deem proper o inflict, according to the cir cumstances of the case.” Burxos Avaes Manket, Sept. 20.—Doubloons, § nish, $248 a 250, each; do Patriot, 242 a 244, macuquina, 12} a 13 do for one; Dollars, Sy 154 each; do Patriot aud Patacones, 1 per cent stock, 76 do per cent; Exchange on England, 3}; do France, 35 a 37 cents per dollar; do Rio Janeiro, 15'per ct prem; do Montevideo, 147 do; do United 8! 14j per US dollar; Hides. ox, for England and Germany 54.058, per pesad , 47 9.60 do; do North Aime- rica, 450 46 do; do Spain, 45 a 60 do; do salted, 42a 43 do; do horse, 22 a 23 do each; Calf skins, 45a 50 per sada; Sheep skins, common, 23 a 30 per dozen: a a 38 do; Deer skins, S210 do; Goat skins, Nutria skins, 5 a 6 dol ¥; Chinchilli skin do per dozen; Horse hair, short, 33.40 do per ar do mixed, 45 a 46 do; do long, 100 a 110 do; Wool, com: mon, washed, 22 a 30 do; do picked, 35 a 40 do, do shorn from skins, 35 a 40 do; do mestiza, dirty, 20 a 30 do; Tal- low, pure, 16 a 20 do; do raw, 11 a 12 do; do with grease, 15 a17 do; Jerked beef, 26 a 28 per quintal; Horns, mis- ed, 1000150 per thousand; do ox, 500a 600 do: Shin Hide cuttings, 24 a 26 per 100 lbs; Os- athers, white, 9a 10 per lb; do black, 8a8} do; Salted tonges, 7 a § per « ; Salt, on board, 15a 16 per fanega; Discount, 1] a3 per ct per month. ‘The highest price of Dowbloons during the week 255 dollars; the lowest price 240 dollars. he highest rate of Exchange upon the week 3} pence. cngland during The lowest 37-16 pence. News from the West Indies. We have received the Bermuda Herald, Gazette, and Bermudian, to the 25th ult., inclusive. There is very little news at Bermuda. The deci- ded stand taken by President Polk in relation to Oregon, the “whole or none,” has astonished the Bermudians. They were auxiously looking tor liter news from this country. The Bermuda papers contain later uccounts of in- terest from the several West India Islands. [From the Bahama Roy; Gazette, Oct. 25 } For the last fortnight our salt ponds, at ‘Turks Island, have presented a most lively and quite a cheering aspect, the whole machinery of the salt works being in full ope- ration ; raking going on in most all directio We are happy to learn that Mr. Phillips, at May- uana, is likely in a few months to reap a rich harvest ef is n the pine apple trade, having over 4000 pines in an excellent and forward state. Our beach presents a noble and harvest like appear: ance with its pyramids of salt heaps. Surely the small quantity which has been shippe! to America, during the Yast few months, must in a short time create a great ( mand, and rise the profitless price of our staple produc Price both at Grand and Salt Cay, 6} cents on board shiv —corn, flour, bread and provisions in demand. His Excellency, the Governor of the Bahamas, being desirous that every encouragement should be afforded to persons disposed to settle at Maynguann, with o view to the cultivation ot Pine Apples, has authorised sales of land on the following conditions, viz : a deposite of ten per: cent on the purchase money, anda uote of hand, with Spproved security, for the remainder, payable at two years date. [From the Ba. bodoes Standard, Noy. 7] The very partial manner in which the rain has fallen has been very unusual; more co t experience it, evel in {he month of October consequence seems to be, that whilst ix canes have improved, and although b in, und show but'a small portion of cum et promising in appearance. In others they iow, with no appestance yet of ca dif the not be speedily invigo by heavy rains, we fear that they will become “‘sedgy.” Arrows are very prevalent amongst those which are at all forward, and verfailing signs of approaching matu tives to the further lengthening of the cane. Pl would suppose, will be very scarce, as soon us th ing season arrives. Gov. Sir C. Grey opened the Legislatn Speech onthe 21st tlt. He on the prosperous The ordinary expenditure of the Coloay amounts to £25,000 sterling the income has now reached £45,000. " (From the Grenada Chronicle, Nov. 1 We regret to state that there has been no alteration in the weather since our lest mention of it @ Country is literally parched up, and the prospect of agood crop for next year entirely destroyed. ‘The heat in town had been distressing! pressive. The thermometer at 89 Ceuaidomnte nf ~~: the reery was visited with ock of earthquake at wbont twenty ten o’clock—motion undulatory. Sats [From the St. Lucia Palladium, Oct. 23} By the return steamer, which arrived on Monday, we have been put in possession of our usual files. His’ 1x cellency Sir Charles Fity, Roy, the very popular Gover- nor-in-Chief of the Leeward islands ms received. hi Majesty's commands to assume the geveromont of New Holland ; and the Lieut -Governor o/ St. Kitts, Mr. Cun ningham, will hold the Government of Antigua, &e., ur til turther notice (From Demerara | A great public meeting was b to petition the Queen fora K Vorhment, direct from the memorial were drawn up views of the for the they ure with along the two Houses Oct 2% } don the 20th October resentative form ot ¢ ple. Resolutic riawa of | eoting. ‘Tne downrightearnest: the Governor aud Court of Polic Fe opposed to the step 5 : {From the St. Vincent Gazette.) 17a ia about to wail for Madeira, in seared of immigrants. We think this iv the fiert vexrel that has left the West Indies for that Isiand on auch a snission. The favourable terms on which tho immigrants will come among Us under the permission of the Colonial ‘The ship E thing gain thing short of thi ars on any particular spot, and which they may be employed on th: ‘THanxsarvine Day nig, and despi'e the misersble, sloppy w and un- derioot, the day was kept in true thankegiving style. In the morning we took a look round the city, and found most of the stores and offices closed. Even Wall stroet, that busy mart which daily teems with life, men and mo. ney, was well nigh deserted; and the noisy jargon of ad mers’ Loan,” Life aud Trust,” Morris Canal,” “buyer thirty,” “seller three days,” “left open,” “1'll take ’em"—which jaily heard ‘at the broker’s board, wos hushed, and the halls dedicated to Mammon, were 1 holee: This is characteristic of the high- ly inc) al and pions denizens of Wall street. They are a Very conscientions class of citizens, and always avail thotnselves of every opportunity to leave their business on days set apart for Worship, by God or wan, The churches were open in the morning, aud were tolerably wellattended. Thanksgivings were offered up, and re- viows of the blessings of the past year taken by the re- verond clergy of the different denominations. But the most substantial part of Thanks; that which all could understand and appre ‘were | the dinners. Everybedy hada turkey orgoose—or duck | or fowl, of some kind. We saw one poor fellow, who looked like an honest mecharic, going thi ugh the Park, about 10 o’clock, bending under the ight of a | huge turkey, that he had bung on his umb: which | he had thrown over his shoulder. Before this time, him- | self and family, and many other honest mechanics, and | their families, have eaten to the full of the luxuries of | fowl, plum pudding. and the ctber “fixins.” We should | think there would, fora time ot least, be a great scarcity among the cackling, crowing, gobbling, and quacking portions of creation, Supposins there are 75.000 families | his city, and that each one Juxuriated upon a turkey, yesterday, there would be 75,000 turkeys consigned to the “tomb of the Capulets. Then looking over the whole State, among the five hundred thousand families who, probably, each had a fowl of some kind for dinner, und what a scene of slaughter presents itself! vrobabl ‘or deed has not been perpetrated throughout all iving, and | ate, F the year. Several companies turned out and marched through | at the city, in the uniforms. Among them were t! Wright Ganrd, the Turkey Hunters, (who, by the way, have been very numerons within the last few days,) the Peterson Blues, nnd Company No. 3, of Brooklyn. There was to have been a fox hunt at Hoboken, but owing to the weather, it was postponed. ‘The Rev. E.H Chapin, of Charlestown, Mass., preach- ed in the Orchard street Church. : Tho day closed with many private parties, and public balls, and every body went to bed in high spirits, excepting those who had caten too much turkey. Oun City Covnts.—None of the bigher courts were in session yesterday - they adjourned over till to-day. For the past and present week, our criminal and civil courts have been unusually occupied with trials of some consequence. The calendars have borne fruitful tosti- mony of an accumulated number of cases, and an earnest disposition manifested by the presiding Judges to bring these litigations to a result, clearly and conclusively proving that, in the discharge of their official duties and responsibilities, their commission is such as to demand an unwearied patience and persevering toil. One of the most annoying perplexities which waits upon the dis- pensations of the bench, is that requiring the exercise of its arbitrary prerogative in restraining the ingenious de- vices of counsel employed on either side, when inter- posing objections, appealing to previous decisions, exceptions to the declared views of the Court, useless questions of law, confusing and discon- certing witnesses, and by atoo frequent indulgence in personal abuse, which bring a stain upon themselves and Contempt upon their profession. Repeated instances of this nature require a prompt interference of judicial authority. Hoxiner, Apventuns.—Capt, George W. Taylor, the inventor of the sub-marine armor, with whi plores the bottoms of rivers, related to us yesterday, ore ‘of the most horrible stores that we ever remember to have heard. He has justreturned from the Chesapeake Bay, where he has been raising the iron from the brig Canton, bound from Havre-de-Grace o Boston, which was sunk in sixty feet of water, about the Istof Sep- tember last, ond three of the hands lost. When they artived there, the captain went dowa first himself, and alter clearing’ the quarter deck, by cutting away the boom, lanyards, &c., sent down one of his men, who was avery expect diver. He, after doing what the captain had ordered him, began to look round for plunder. He first went into the cabin, in hopes of finding the cap- tain’s watch, but coming up said to Capt. Jor that the captain had been “ too sharp for him” and had taken itaway. Hethen crawled through from the cabin into the steerage, for the purpose of picking up some of tho sailors’ dunnage. He found quite a number of old bats, boots, pants, &c., which had belonged to the sailors ; while he had been picking them Cpt back was turn: ed to the companion-way. But when he had got his hands full, he turned round and put one feot upon the first step of the companion-way, realy to tohi a nd, when, ‘horror,a dead man, dressed in a tarpauline and blue ket, seemed to rise up before him, and there he stood h ‘arms extended, opposing his entrance. The poor fellow was horror-struck—what to do he know not. Ho dared not retreat or proceed ; he stood pinned to the it, when, gathering all his courage, man by ‘the middle, and giving him a to the top of the water, The seilors ed at seeing a dead body arise, instead But he, without waiting to give a eights aud rose as quickly as possi: kful for his escape. The poor fellow did not nk all that night next morning the could persuade none of the men to go down, un- asel/ t 1 been down and found that there were no more dead bodies. ‘The body, which was that of one ailors, who had probably been caught in the companion-way when the vessel was sinking, but which could not be cd, Was seut by Captain Taylor to Bakimore, vfcor undergoing an inquest, it was decently int pprehend the sailor will not soon forget t TRALING Spect. stolen a few days ; . 66 Wall street, by a man who entered the office offering matchos for sale. He 1 leave to show how nicoly the matches would nid while the owner’s back was turned, he took aclon Coronra’s Orricr.-- 1 Coroner yesterday afte woman, by the name of Flix Notice was given to the of the death of a colored mith, aged 36 years, lying wed by aisense and want of ‘The Coroner’ will hold an inquest | attendan to-day, Also, Robert ©. Folger, 63 Suftolk street, 56 years of age, a vative of Nantucket, Mass., was found dead in his room this morning; apparently fell ina fit, while endea- voring to go to bed. He was employed at No. 259 Pearl street. Au inquest will be held to-day. Frenew Opinton oN Pouk’s Messace.—The fol- owing remarks on Mr. Polk’s Messege are trans- lated jrom the Courrier des Etats Unis of this city: then, that it (the Message) will disappoint the expectation of those who expected to find in the language of the democratic President an eccentric or licentious rudeness, such as might help to give food to the passions of party, and Le the provecation and sig- nal for international struggles. We do not mean to say thatthe Message is not stamped, in all the questions upon which it touches,with a frankness and with a vigor watch give to it a powerful interes even a terrible inpertarce, One may almost bear in reading it the growling of the thuader, which t ny gu time to burst over the peace of the world. ding ail this, Mr. Polk has had the skill to liegnise in a most surprising manner the energy of bis i and the atdacity (or boldness) of hia intenti under forms full of moderation, tact and courtesy. For real many years past, the people of the United States ce never held forth to foreign powers language so proud and yet so calm. If there is not justice, at least there is always some di in complaints necompanied with menac France cvmes in for her share of these com- plaints; we take them on her behalf in goed part; for if vir, Polk has repreached her with an int i tortuous business of annexation, which he pretends to take as hostile to the United States, though not contrary to the rights of nations, (an interferance which in realty, was a mere bungling piece of business) - yet, at the same timo, he has given this reproach with expressions of regret for the ameginary interruption of French and American (franco-anericaine) friendship, and with hopes and wishes for ita re-establishment, all which affords to us a guaranty, that (when he shall ¢ to make mi takes upon French politics, and on the signification of the “ American Balance” of vir. Guizot, at which he hi made apassing fling—then) the President will entertain notning but sympathy and good feeling towards France. Also, let u4 thank Mf. Polk for the atrong recommenda- tions whieh he has addressed to Congress in favor of an important branch of Freuch commerce, which the ff ot 1842 has completely paralyzed. We meanthe ii tions of the wines of Oporto. v8 4 Z r ‘le comes next to the famous Oregon question, and 8 its diplomatic history atove—from its first com- ment—explaining that since 1818, the parallel of degree of north latitude has been three or four ered to England ; that this has always been re- nd thatafter having himself repeated this offer, mo restrictions, which made it more than ever septable) Mr. Polk fe ly withdrew the offer, now decided not to yield an inch of that territory, ix months ago he was willing to abandon the It is in relerence to this part of the Mes: atoya all, thet We meant (to say the boldness of ite in- teutions or purposes, is masked beneath the adroitnes: of is forms. ‘Toe President, as to the rest, confin himweli to requiring the termination of the joint occu; tion, efter a preliminary notice shall have been giv England, in conformity with the Treaty of 182 only atthe expiration of this delay that he let: the glimpse of a war, which is th journed over for 1501 18 months. consolatory. Jnthe mean tine, io octer to take advan- tage of diplomatic delays, he uske for some measures to be taken, the object of which is to effectuate the instal- lation of American Sovereignty in Oregon. California, sister of Oregon, which with that country also, is an ob- Joct of the covetousness of the American and British ambition, 8 not mentioued by name inthe Message, has not the less evidently inspired that threatening pa graph, which accompanies and finishes the part relating to American Batance of Power! * * od We remarked that we would revert to the question of the tariff, which is, for us, perhaps the most impor tant of all which Mr. Polk has discussed. Aa it is, we cannot follow him inthe skilful and mortal blow which he has given to the tariff of 1842, and we will content ourselves with simply saying that never have the true principles whieh shotld always serve as a basis in lay- ing on import duties been placed in full relief, with so muct force and lowic, Mr. Polk. has placed his finger upon all the sore places, and all the remedies of the pre- ent fisealeysten: butif he has sounded tho depth of the former, he has not meneured all the grandeur which be given tothe | ha haa doue but merely theirs That is to say, to speak more e havi nitrated most clearly the ne- of relorm) » tariff, he has not given the fi 4 (or nomber waieh this reform ought to be d, he could not do this: it is a tawk a. But which door aot belong to him, and which he has left to Surely, this ought the Secretary of the Tregsury, whore report we wait | 184 for, inorder to know the extent and bearing of the re- 7848, form proposed. Then afterwards comes Congress, with — ¥ whom, untortunstely,we must have to do in settling this Tht! matter, tle" Brooklyn Intelligence. Warurp ur eres were last night informed of a | ynost infumous end cruel act, which was committed by | some desperate and inhuman i de, on Thonied rson of a man (whose name we cou! fut seceriais) counectod with one of the Albany lines of ft appears that the poorfellow, whilst quiet- PPulton to Atlantic street, on that even tacked from bi jock, w' ¢ highway men, and robbed of all the mone; pos- e:), smounting 'to five or six dollars. After accom: plishing. this theft. they beat him in a cruel manner, carried bim to @ stone yard in the neighborhood, where they forced him under ‘a large beam, #0 that he could not stir, and afterwards literally walled him up, so that it was utterly impossible for him to escape. He remained in this deplorable situation until two o’clock on the af- ternoon ol Were when he was frvanately releas- ed by some workmen in the neighborhood, from his truly melanchely and perilous sane sonment. Weare told by Mr. James Mors, livery stable keeper, of Liberty street, in this city, who was present at the disentombment of th maimed and injured man, that the appearance of the la! ter, on being disenthralled, was wretched and heartrend- ing inthe extreme. We do not know whether or net the police officers have any cognizance of this affair ; but certain it is that no possible exertions should be spared to discover the guilty and remorseless perpetrators of the act. Tancet Excursion.—The Franklin Volunteers, com- osed of Fire Company No. 3 of Brooklyn, returned irom thei cursion at Hoboken yesterda: target y, bring- ing home wit them a board completely bored through | in every direction ; forty-thr it. The prize was won by a who acted as the substitute o: balls having penetrat oung men nai Ros Mr. Samuel Stri and John Watts. ‘Between threo and four it Powell member of the company. ‘The judges were ‘Thomas R. Mercein, Phillip Fagan, a corner of Pearl and Prospect streets, completely embed ded in snow and mud, aud 60 much exhausted ty cold, dnd previous excessive libations, as almost to be at the point of death. He was very kindly aod humanely treated by those who took charge of him, and proper re- storatives having been applied, he was enabled, a few hours afterwards, to go to his heme in Jackson street, between Fulton street and Myrtle avenue. A woman ed Catharine Brady, formerly of Mulberry street, w York, but lately residing at the corner of Bridge and Tallmadge streets, was arrested by officer Storms on acharge of stealing some shuts and othor articles of wearing apparel, from the premises of Messrs. Brinker- hoff, at the corner of Myrtle avenue and Prince street. She was taken to the police office, and committed by one of the police magistrates to thirty days imprisonment in the county jail. Tue Cnuncue opened for public worship in Brooklyn but thinly attended ; ino inclemency of the weather, and tho absolute necossity entailed on many pew holders and members, to be en- gaged, during the morning, at all events, in their ordinary using! fairs. Batus.—Three or four balls took place at various es- tablishments in Brooklyn last night, 0 on Thanke- giving Eve. Some fights, of a very disgraceful nature, took place at one of the hou without, however, any interference on the part of the watch or police. Fu Yesterday afternoon a fire took place at the house No. 87 Orange streat, near Henry, which was not tended by any serious consequences, the flames being soon subdued by some ofthe firemen, who were prompt- ly in attendance. Coat.—Many complaints are made by the consumers of this article in Brooklya, that the prices demanded by the dealers of this city generally, are excessively high, and, in some cases, exorbitant. It is alleged that the proprietors of several of the yards have entered into a compact to sustain the present outrageous charges ; which, if continued, will fall with great and distressing severity upon the poor. Tue Pustic Pounn.—The stringent measures which have lately been enforced in Brooklyn, in the way of removing stray pigs and other animals from the streets, have excited the cupidity and desperation of some of the owners of quadrupeds which have been taken to the ublic pound, and several successful demonstrations ave, within a few days past, been made upon that es- tablishment ; which, although closely watched, hus twice been broken open, and its live contents forcibly away therefrom. Should the participators in these out- rages be detected, they will be made to suffer severely for their high-handed and nefarious acts. A Lance Business.—We learn that at one establish- ment in Brooklyn yesterday, forty-one thousand oysters were opened and disposed of from sunrise to sunset. Yestenvay.—The several churches iterday, w uppose, of the Police Intelligence. Dec, 4—Daring Burglary—The residence of Mrs. King, No. 135 Grand street, was burglariously entered about four o'clock yesterday morning, through the neg- Ject of oue of the family leaving the back room shutter unfastened. Mrs. King was awoke by the openirg of the bed room door , when, toher surprise, she saw. th head of an ugly buck nigger, entering the room with small lantern, slung from his arm to enable him to use both hands for plunder; he thinking she was asleep, comtnenced to work, when Mrs. King sprang out of bed, seized a large poker, and ran at the black rascal, who immediately doused his “glim,” and cut stick, Mrs. King close at his heels, calling out ‘watch, watch,” but all in vain. However, she made ene clip at his shins, but mis- sing her mark, broke the leg of her table. Mra. King pursued the rascal onto the stoop, he shinning it to- wards Broadway like a deer; but being only in her night dress, was compelled to give up the cl at the same time calling for assistance, and no policemen com- ing to her aid, returned to the back room, when, to her astonishment, she found the bureau drawers’ broken open, aud a number of letters and valuable papers, $76 in bank bills, stolen, Tt appeara that Mra, King iss woman of undauated courage, always keeping a loaded istol in het room, but en this occasion the pistol not be- ing handy, resorted to the poker. Sentence af ain McGrath of the Sixth ph, left this city last Monday, for Norwich, Conu., having in custody three notorious bur- glars, by the names of Henry Scott, James Maxwell, and Bill Walker, they having committed extensive robberies and burglaries at Bridgeport, Norwich and Red Hook. The officers returned last night, and informed us that each ef these men plead guijty, and were seatenced to five years each in the State Prison; also, at the expira. tion of this term, to remain at hard labor—out of such la- hor, the State pay $50 a year to the parties robbed until the amount ot their loss is liquidated, and all expenses paid, incurred by the t: The property siolen, inclu- ding expenses, amounts to nearly $1500, which will in- crease their confinement hard on to ten yt Such is the law of Connecticut, which strikes us excellent system, and ought to be adopt Tn addition to this, the above officers trick Markham, who keeps a ‘‘crib” in this city, at 212 Wert street, where they founda Ged quantity of goods belonging to these burglars, fenced” by Markham, for these " kracksmen” burglars. He is held to bail in $4000, to answer the charge of receiving stolen geods. Stoten from the Fire.—John Ske phies arrested yestor- day and committed by Justice Room, (Police Office, Jefferson Market,) on suspicion of steuling a lar, hair trunk, light color, containing covers, sheets, pil- low cases, blankets, and other bed clothing. One of the cots i i in, marked G. Blanchard. It i was stolen at the time of the gi the 19th of July last. An owner is wante Justice Room. Fugitive from Justice—OMicer Bowyer started thie morning for New Orleans, with a requisition from Go vernor Wright, fer that bold “knuck” pickpocket Geo. Potter, who was pardoned some little time ago, on condi- tion to leave the country. He did not do so, but went on to New Orleans, and there seen by a gentleman who knew him, and was also aware of an indictment pending against him, caused his arrest while ‘ sounding” fing ing the pockets of gentlemen at Madam Pico’s concert. * Movements of Travellers, re among the arri tthe principal paid publication:— AMERICAN, rand, Scotland; George Brown, Baltimore; $ Decatur Smith, Philad; W.A. Warner, Kall River; Samuel Carver, Philad.; Major Ripley, U. 8. ‘A.; D. Bixy, Louisville; W. Parsons, G. Bradford, Pat- terson; ‘Tt, H. Bennedick, Tarrytown; Gideon Mays, Oroco; G. Asvou.—J. G, Walters, Hartford; Copt. Wales, Boston; H. Jaco! harles jo son, Va.; J. C. Hand, Philad. ; Glaring, Boston; Col. N. Johnson, Buffs Newport; G. W. Taylor, Boston; E. B. le W. R. Strong, Geneva; J. H. Usher, Joseph C: land; H. Gray, Boston. City.—W. A. Hunt, Edwin Briggs, Peekskill; T..M Credy, Philad.; Jas. Doughy, Conn.; A 8. Dungan, Bal- timere; A.J. Seaman, Kortright, Mr. Curviil, Halifax, N.8.; B. Duncan, Bristol; W. ©. Richardson, Philadel: hia; H. Cunningham, Somerville; Capt. Kogors, ransw ck. Ki L, Teash, New —N. 8. Hommond, Montreal; R. Broaders jury; J. 5 17S. Edwards, Peterborough; ft Ho: rooks, Bridg port; N. Hufter, Ohio, C. W. Pilcher, Pawtucket, Mass. Hews Laxingtiny Ki, 5. 0). Wren) Leqaira; Me ams, Lexington, Ky.; B, G. Wyman, Laguara; Mr. Dobson, Philaelphis.. nubapdated Howano—T. Hall, Bridgeport; Lever H. Small, Levo- nia, W. 1; T. C. Gould, Bostou, Mass.; R. D. Sillimore, a ‘app, Montrea'; A. H. Peat 5 Morrison, jahon, Albany ngham, Alban: ‘ork; P. D. Jones, Rochester; 8. Tappan, Augusta, Maine Native Canpipatre.—It appears that the natives are in a dilemma in Boston. They compel gentle- men to state in the pablic prints, that their “name: are used without their wish or consent,” as can- dby | of America. J. Thompson, do; ‘bury; W. | | on sthiopia lee goede | the last appearance of the ginal Ethiopian Sereaaders st | , OF OW [ey neat weal tney proce rope, where faine « ‘await them. ever raul with whet ewes ourageme { they are e rer find thee parvo Taud 3 ch reson FRGHEe tnd White, are uow ik extiied with Sale of New and Elegant C Weare reanosted to call the eivatf of Large Farniture. iy t's extensive sule ol rate babi Fora lealer, closing. iste a full axsortmeut of Paricr, Hal aoe iy rae aie corre of rovewood, mahogany and. black Waa acini sommence this’ dy, December sth, tt 10 ofelock, at the Ta Novus Broudway, bet eeu Howard and Grand the Herald, Zieber Philadelphia Agent for word uf Ledgs i i t. who ree & CO. 3 Ledger Building, foraaie daily at lotlock. nel Tie r ond Eloges turer and ; of the Ohio Kiver- eerigeey ©: State of River. «6 foe oe 4} feet vo flats and bers MONEY MARKET: Thursday, Decomber #«6 BP. M- ‘This day having been set apart by the Governor of thit Commonwealth, as a day of thanksgiving and praise, it | has been generally observed. Business of all kinds wae suspended, and the brokers bh: no doubt, been busily engaged in discussing the virtues of roast tur- key and pumpkin pies, instead of the probable effect of the President's Message upon the prices of fancy stoeks. The bulls snd bears have, for the moment, lost sight of their differences, and have become reconciled to each other. Outof Wall streot, these speculators go in for the enjoyment of the good things of this life with as much spirit as they go in for fleecing each other in busi. ness. The titles they assume as stock speculators, aro only heard of in the vicinity of their operations. As Christians and members of society, they are liberal, oftentimes, to a fault, and are generally the first to give impetus tu any charitable object, for the relief of every and any class of their fellow-citizens. {The receipts of the Western Railroad Company, for the weok ending the 29th of November, 18i4and '45, have been as follows Wesrran Rai Roan. ke ending Nov. 29, 1844. jengers .. + $5478 nig, Se. + 13,565 $18,013 Tota! gatn from Jan. Ist to Nov. 29, 1845, There were about four weeks, from the date of the returns, to the close of the fiscal year, the increase in which will, without doubt, swell the aggregate increase for the year to about sixty thousand dollars, or about eight per cent, on receipts of last year. The contempla- ted amalgamation of the Western and Worcester road will be very advantageous to cach, and a good dividend on the whole capital of the two companies will be guar” anteed. The increase in the capital of the Weetern Com” pany will be no obstacle to the payment of dividends as Jarge as hitherto realized. There are two routes between this city and Albany» during the winter season, both by steamboat and road—one via the Housatonic road, and the other via New Haven, Hartford and Springfield. ‘ Travellers be. tween this city and Albany, and the transportation of freight between the two cities, during the close of river navigation, are attracted to these routes as tio cheapest and most expeditious means of com munication with the interior. Even these routes as much as they are preferable to the old stage routes, ere a roundabout way of getting to Albany, and, withal, very expen: strange that efforts are not made at once to completo the New York and Albany railroad. It is already completed to White Plains, 26 miles, under contract 26 miles more; making a | distance of 62 miles ; 30 miles more (through Dutchess | county) will be put under contract early in the spring, making, in all, a distance of 82 miles of gho 150 between Albany and New York. This distance will, without doubt, be completed by another winter, leaving only about sixty-eight miles to complete to connect the two without eonnecting with the Western, and only forty-five to connect with that rocd at West Stockbridge. The whole of this road could be finisted before the Lut of January, 1847 ; and we are not sure but che enterprising president and directors of this company will Recom- plish so desirablo and important an object. Ita time to drop the original name of this company : it is, ut J#ct, no longer the New York and Harlem Railroad Companfy but the New York and Albany Railroad Company. Ite now charter gives it this name, and as such it should bo known. The di ntages and difficulties that will be experienced this winter, in consequence of the absence of acheap and rapid communication with the interior, will, we trust, arouse the people of this city to action upon this subject, that will result in a rapid construction of this road. ‘The financial policy of the government and the modi" fications, alterations and reductions in the tariff, must go hand in hand. They are most intimately connected, aud must go together through the various forms, to act upon the commercial sffairs of the country in a proper, judi" cious and permanent manner. They should go together, for the‘ purpose of neutralizing the restrictions of each. The currency and the tariff are one and the sam. thing, so far as regulating our foreign trade is concerned. The operations of the tariff are controlled entirely by the condition of the currency, and whatever protective fea. ture any tariff act may possess, it is annulled by an over expansion of the currency and a depreciated value of the circulating medium. The manufacturers of Europe are deeply interested in the state of our currency, and every bank expansion, of even moderate extent, is of as much value, for the time, to the manufacturers of Great Britain as any reduction in our tariff. The importation o their fabrice into our ports depends, we might say, almost entirely upon the volume and value of our currency; a8 prices are regulated more by that than by the per cent duty the tariff may enforce The restrictions that are now placed upon the impo:ta. | tion of foreign manufactures through the operations of the tariff, should be transferred to the currency, and we have a protection to every industry, much greater than | the highest tariff would give. A reduced and valuable | Currency would not only close our ports against the im- | Mense quantities of foreign manufactures that now flood | our markets, but it would enable us to export more large” ly than we everhave yet. We should be able to export & greater variety of articles than ever before, ond to mar” hitherto been closed against us on account difference in the value of the currency, duced tariff would reconcile the various sectional int. rests, and do away with the continual agitation of tho subject, and if ways and means can be devised to reduce our average per cent duty, so as to produce sufficient re. ; Yenue, without withdrawing any of that protection | from the manufactories the government has heretofore | extended to that interest, this isa proper time to do:o The protective features of the tariff, for many years past, been the cause of many difficulties between the two Great parties, and which must continue to keep alive the opposition, so long as they exist. The commercial cla: were prostrated by a general revulsion in their affairs, in 1618 and 1819, about five years after the clese of the last war. From the close of the war to the crisis, tho banks then in existence, pro- duced a very great expansion in their movements,to meet the demands from.the mercantile clasees, upon the revi- val of business, efter such a lengthy embargo upon our ports. The revulsion among the commercial classes cre- | Sted an explosion in the banking system. Credits, public and private, were for a time ruined, but slowly recover" od, and became pretty firmly and generally established in 1621 and 22. Commercial affairs assumed a very pros- perous complexion, and business became very active. In 1828 another expansion had proressod so far, that in tho | latter part of that year, and the commencement of 1826, a | Frevulsion,more extensive and more general than the pre- didates for aldermen. This is probably to keep the | vious one, swept through the country, prostrating all municipal affairs of that city in the strange state of | class confusion that they are now in. OrentnG aNp Crosine or THe New Yorn Ca- wiLs.—The following table shows the dete of yee d and closing the canals, and the number of days o! navi- ation in each year, from 1824 to the present :— Navigation. Navigation. No. days a. closed. of navn, 4 219 5 238 and effecting the ruin of the manufacturers. The ruin of the manufacturers, and the general depres- sion that existed at that time in all mercantile matters, created a call for a revision of the tariff, and in 1628 ‘an act was passed, enforcing a very high average rate of duty. The highly protective features of the tariff of 1828 created a very strong opposition to it throughout , the South, and resulted in the nullification of South | Carolina, and the compromise act of 1832. About tho time that act camo into existence, an expansion o! the currency commenced, which increased from yeat to year, until the revulsion of 1837 again prostrated the commercial classes, and produced am explosion in tho State banking systems. From 1839 to 1842, the duty upon imports was very low, and the currency completely de" ranged. In 1842 the present tariff act passed, ‘and wont | | into operation in September of that year. At the same time, the State banks commenced another expansion, which is still steadily incressing, and, unless checked, will assuredly lend to another explosion, The govern- ment has recommended the re-establishment of the sut- | treasury plan, and a reduction of the tariff, to prever | the mcresss of fluctuations in the value of the currenc and the high cost of production in this country. Aro |