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NEW YORK HERALD. North-west Corner of Fulton and Nassan sts. JAMES GORDOYV BENNETT, PROPRIETOR. DAILY HERALD—Rvery day (Sunday included . Price 2 cents per copy—87 2 per annum—in the Unite Sates pean oribere oi per annum, including the postawe WEEKLY HERALD—Every Saturday—Price 6% cents per copy—83 '2ig. ‘annum—in the United States Furenean subscribers, by steamship, $5 per annum, inchu- ding the postage HERALD FOR EUROPE—Every Steam Packet Day — Price 6% cents per copy—85 per annum. deginding post are, or $3 % exclusive 0) ne Suhcortesions and a: weriigements will he received by Messrs Galignani, 18 rue Vivwenns, Paris; PL. oamonds. 18 Cornhill, and John Henrietta street. Lendon PRESIDENTIAL HERALD—Every Tuesdey—One Delay for the Compaign AUP ERTISE MENTS at reasonable prices; to be writ- tem ina plain legible manner The proprietor not respon- Fihle for aroore in manuseript. PRINTING of ail kinds exeonted heautsfully and with despatch. All orders at the Publication Office, corner of Fulton and Naseau strects. ALL LETTERS by it advertisements to he post paid, or the postage will be de- duoted from the maney remitted _ POLUNTARY CORRESPONDENCE. containing important news, solicited from any quarter of the wond— and if weed w:!! always he Wserally paid for. NO NOTICE can he taken of anonymous communica- tions Whatever is intended for insertion must be authents- * cated by the name and address of the writer ; rily for publication. but OIG tacsered | f hi We commat umilertake ta return ceje ALL PAYMENTS to be mate Vee for subscriptions. or with AMUSEMENTS THIS DAY AND EVENING. PARK THEATRS&—Sanps Lent & Co's Ameriexn irons, 1» their wsrios s—two performances—afternoon at | ay o'clock, evening at 7 o'clock. BOWERY THEATER &, Bowery —Ricnanp Ill—Crim- son Carmics=Srrctar Bripranoom, CHATH *M THRATR matham street—Tapy of Ly- oss—Dar. Vatentine x mis Tanue Tatx—Ourn Frac ‘2 MEREOR, OR THE OnrHan or Gengva. PYRCUS, BOWERY AMPHITH@ATRE, Bowery.— Pavystrias. PrrrowmaxcessErmorian MinstRELI— Varctino—Pan tome, ko BROADWAY ODON, Broadway.—Sixainc—VEntRi Loguism—Mopet ARtists. MECHANICS’ HALL Brostway, near Broome —Cmnie Ty's Minerarte THI Sinaiva Buataseur Dano- inn, &e - two performanet 2and 8 P.M. PANORAMA HAL! Vanp’s Panorama oF T. Broadway, near Houston —Ran- Misstesrrt River, at 3 and 7 P.M. TARERNACLE —Srereamanxiscne Muscat Contra: KY Concent, at 7 PM es | New York, Saturday, January 8, 1848, Important from Washington. We publish, in another co)umn ot this day’s paper, a letter from one of our Washington cor respondents, containing information of a highly important and interesting character. This letter was transmitted by telegraph, and contains all the rumors afloat at Washington, up to nine o’clock last night, at which hour it was des- patched to us. The most important fact contained in this des- patch is that a letter has been received at Wash- ington, conveying the intelligence that the Bri- tish courier had passed through Jalapa, and that a treaty of peace had actually been concluded at the capital, between Mr. Trist and three com- missioners on the part of Mexico, and that the opinion prevailed in Mexico, that in less than sixty days the American army would be with- drawn from that country. That Mr. Trist has for- mally entered into a treaty, we think is impro- bable; for it is well known that his powers asa commissioner were some time since withdrawn from him, and he himself recalled to Washing- ton. Itisprobable, however, that the Mexican government has submitted the project of a treaty to the American government, and entrusted the same to Mr. Trist to convey to his government at Washington. The fact that the names of the Mexican commissioners are mentioned,and also that the report comes through the British cou- rier, gives more weight to the intelligence than it would be entitled to if it came through a Mexi- can source, without such names being men- tioned. While, however, this report is in circulation, the prospect of an increase of the regular army becomes strongerand more probable. The bill of Gen. Cass to raise ten new regi- ments of troops, is likely, according to our des- patch, to become a law. Its fate is watched with intense anxiety by the commercial and financial classes. We have already stated, that in the event of this bill passing, large additional loans will be required by the United States for their support, probably amounting to one hun- dred millions of dollars in the agoregate. It is the eflect which it will produce on the financial The Age of Mtracles—The New York Herald Last Week. On the first of January, 1848, of the Christian era, the new age of miracles began—an age that will be more astonishing and wonderful than all the preceding ages of the world. We have had geological periods, traditionary eras, historical ages, and now we have just cOmmenced, on the let of January, 1848, the electric, or miraculous age, of the history of this world, and the races on it, that will far outstrip that of Moses and the Prophets. Printing was the first invention, steam was the next discovery, and the third was that of the electric telegraph. They are now combined in one movement, and have presented, during the last week, one of the first symptoms of the new miraculous age, inthe columns of the New York Herald. From the first of the present month to the se- venth, this journal contained the following state- ment of work done by the telegraph :— Teveanarnic Worx x tHe New Yorx Henatp, From Jan 1 toJan. 7, incius HMstance Spacetn in miles. the Herald. 236 7%6 colamas Matter. Congressie + hence. | Reports, Washington joaton 20 New Orleans 2400 Bostor 320 ry Cineranati * Albany Batvimore m News, Mucellaneous, Total distance and matter, 6002 img Total member of wards by relegvaph lst Sreak of 1800... 42,007 Total telegraphic expense for the ist week of 1848... . $1,706 00 This isthe amount of work done, and the ex- pense exclusively borne by the Herald. But in order to .understand this better, we annex che following specimen of the mode in which the telegraph works :— Terecrarnic Cuanacrens anp Trangcation. capo ieee », ios row Pp ° hoe (Biche yell 76) 61 imal wilh elie) veut cote rick Val te $0.16) hee) (ae) ig Jord ce Seti mie) to cers t ; Sie Mr. Calhoun said he was an old man—he was almost among strangers ; and if he hed urged anything that was strange or peculiar upon the Senate, they must at- tribute to the associations of thirty-five years ago. The dots and dashes represent the letters of the English words written below them, which are read off by the operator, and taken down by the reporter, to be handed by him to the printer, and by him set up and printed, and circulated in the columns of this journal every morning. It is difficult, however, to convey to the public any idea of the wonderful combination by which these miracles are performed. electricity and machinery, operated upon by Heaven-born intellect, produce the whole. The result is, that space and time are annihilated. By this wonderful procees, the city of New York becomes the central point of the nation, and all the cities connected with it by telegraph, on the Atlantic sea-board, become its faubourgs—its warde—communicating with them as rapidly and readily every hour, as Wall street does with Chambers street, or Astor Place does with the Park. Infact, time is not only beaten, but it 18 annihilated. Wecan send a message from New York to St. Louis at twelve o’clock at noon, and it will reach its destination on the banks of the Mississippi at ten minutes before twelve. The city of Washington, and Congress, are affairs of the country which entitles it to so much consideration at the present time, and which must be disastrous to the banking institutions, and all men engaged in speculative business of ell kinds, and end most probably in a ge- neral suspension and revulsion, more fatal in jts consequences than any we have yet experi- enced. Waris atall times a costly and expen- sive matter, Its sinews are gold and silver; and to carry it on, of course requires a drain of the precious metals, to the amount required for sus- taining the army and paying for the victories we achieve. This drain, in the face of that now going on towards England, will cause a panic—the banke, if they curtail in time, may | avert suspension fora time; but a continuance of the war, at the estimated expenses, will ulti- mately produce a general revulsion. The information telegraphed to us, shows that the feeling in the Senate ia averse to Mr. Calhoun’s policy of sbandoning the central por- tions of Mexico and retiring to a defensive line, and that that body is in favor of prosecuting the war in the manner indicated by the President in his mersage, and according to the known policy of the administration. We shall wait with anxiety, further intelligence from Washington. In the meantime, ae the passage of the ten regiment bill may take place, it will be well for every person to make up his mind that a revul- sion, such as we have predicted, will occur, and for them to prepare for the consequencee.— Economy must be the order of the day, and pru- dence, care, »nd forethought, the cloud by day and the pillar of fire by night, of all who wish to escape the coming storm. But read the telegraphic correspondence. Unnecessary Derence or Mr. Fiacc.—Some of the newspapers, we perceive, are making a great noise in defence of Mr. Flagg, late Comp- troller, against the imputation that he furnished the New York Herald with « copy of hie report, previous to his presenting it to the Legislature. This defence may be very liberal and very generous, but it is entirely unnecessary. We | can acquit Mr. Flagg of any intention to furnish the report to the Herald, and we also acquit the printers of the report, at Albany. As toany disre- spect towarde the Legislature, in the publication of thatreport, we don’t think there is much neces- sity to make much apology forthat. The Legie- lature of New York, if they don’t behave them- selves better than former ones have done, are not entitled to much respect, and we shall always treat that body just as they deserve publishing that report, we exercised our own ctivity and intelligence, without invading the te of any one, or any body of men [tis no person’s business how we got that re- port, and if the devil himself was the personage | t tous, itis the devil’s business who furnished yy It is not the first to manage his own affairs. time thet we have besten the whole press of | New York, neither will it be the last. The Le- gislature of New York were made by the peo- ple, who are their masters and makers. We fur- nished the public with that valuable report, be- fore their servants of the I lature received it; and who had a better right or title to receive it firet?—the sovereign people of New York, or their well paid servants at Albany? “ Balder. d, when the aboli him by hie wide de ht’? ae General Taylor letter wee reed omen ps In | now part of the metropolis of New York. by means of the telegraph; and by our system of reporting and our machinery, we have accom- plished the removal of the Capitol northward, even nearer than Hoboken is to New York. These wonders of the week—these miracles of seven days—in the beginning ot the year 1848, are only the first rude efforts of genius and art, directed to elements that will revolu_ Morse, the inventor of the telegraph; Hoe, the inventor of the new printing press; and those editors and conductors of public journals, who understand and have enterprise to use those in- ventions and discoveries, and to combiae them with intellect all together, will henceforth cre- | ate achange inthe history of the human race that will make them be remembered thousands of years hence, as the Confuciuses, or the Maho- mets, or the Zoroasters, or the Moseses of the nineteenth century, in those matters which change the destiny of races, of nations, and of people. The expense of this isgreat ; but what of that? The American people love, adore, idolize, and cheerfully patronise and pay for enterprise, skill, sagacity, talent, genius, in the greatest and sub- limest efforts. They are just going to make Ge- neral Taylor the President of the United States. They already support the Herald so liberally \ that its circulation is rapidly going to sizty thou- sand copies ; and our net receipts, each year, are equal to nearly thirty thousand dollars, after pay- ing allexpenses. We have no doubt of reaching, | yet, ina short time, a circulation of one hun- | dred thousand per day, and anet income, over all expenses, of one hundred thousand dollars a year. John Jacob Astor is buta common man to what the world may yet see. Yet money is nothing—reputation every thing. The dollar is but dirt—the glory of the reputation everything. Brrsery on a Laxce Scate.—Thurlow Weed, David Hale, Wm. C. Bryant, and a few other saints, say that it was by bribery that the Herald was enabled to anticipate them all in the publi- cation of the Comptroller’s Report. Very likely. We bribe printers, and reporters, and agents, and correspondente at so much per week. We bribe news-boats and steam-boats by the month. Even the electric telegraph cannot escape. Daring the present week we bribed the lightning from heaven, to the extent of five hundred dol- lar’s worth, merely to give us the first report of the speech of Mr. Calhoun, the great Southern Senator, and that of Mr. Hale, the great aboli- tionist. All bribery and corruption We con- fess all—all—all. New Jersey Banns anv Banginc—What ie the cause that the highly honorable and respectable receivers of the Plainfield Bank maintain silence, and do not accept the offer made by Meesrs. Beach, of this city? We will call upon them day after day to give publicly their reasons for not consenting to have | the outstanding bills redeemed, until they give | public satisfaction. A great number of poor people have been robbed of their little means by these bills, and no one ought to tolerate any | longer the silence of the regeivers of the Plain- field Bank, in New Jersey. This silence speaks most unfavorably as to the morals of finance and banking in New Jersey Come forward, gentlemen, and show your Voande Steam, | tionise the whole world in less than fifty years | Mx. Hate’s Srercn on tae Wan.—We pub- lished, in yesterday's Herald, the speech of Mr. Hale, of New Hampshire, in the Senate of the United States, on the bill introduced by General Cass, to add ten regiments to the present mili- tary force of the United States, for the purpose of prosecuting the war with Mexico. Mr. Hale | wae unfortunate in the time he selected for | delivering his sentiments on the momentous question which is now causing so much excite- ment and agitation throughout the country. He spoke the day after Mr. Calhoun did, on the me subject, who made one of the most bril- liant displays of eloquence, profound intelli- gence, sound argument and logic, which that distinguished orator ever delivered—and by far the best speech that has yet been made, in or out of Congress, since the annexation of Texas. The contrast between Mr. Calhoun’s and Mr. Hale’s speech, is very great, and cannet fail to strike the most superficial observer. The one is character- ized with honest conviction, argument, and grounds for every position taken; while, in every line of the other, you can read abolition, fanaticism, and party spirit, running reckless and wild. {tis a palpable evidence of the length to which the spirit of party will Jead a man, irre- spective of all consequences to himself or his country. Can Mr. Hale suppose, for a moment, that his violent denunciations of Mr. Polk, the President of the United States—his stale and ridiculous aseertion that the war was commenced expressly for the extension of slavery—can have the remotest tendency to promote the abolition of the institution by means of which he has reached a place in the Senate of the United States? Can he flatter himself that his refusal to sustain the honor and dignity of his country in the hour of her emergency, and in the day of trouble, will release a single slave from bondage, or hasten the abolition movement? It cannot. He will injure the cause he attempts to sustain, more than he will benefit it, by the course he has seen fit to adopt. The people are narrowly watching the course of their representatives in Congress ; and hereafter, when we shall be in the enjoyment of peace—when the passions of all parties shall have subsided—the cool and dis- passionate historian will refer to the public acts and votes of every man in the present Congress, and comment on them as they deserve. Let Mr. Hale, and such other representatives as are in- clined to follow his example, reflect on this— for the year 1848 will be a reference year fora quarter of a century to come. Lawygrs aNp Lrseis.—We have frequently al- luded to the annoyance occasioned by pettifog- ging lawyers, in bringing frivolous suits against newspaper proprietors, merely for the sake of the fees and other items of black mail ; and we pro- posed a remedy to correct that annoyance. This remedy was to exclude the names of all lawyers engaged in such petty suits, from the reports pub- lished in the journals so annoyed. This remedy we mean to pursue on our own account, and we have, therefore, furnished, con- fidentially and privately, all the reporters of this journal, with a complete list of lawyers, and other pettifoggers, their clients, their witnesses, and, also, all judzes, who have decided wrongfully in those suits of libel, in any mode orshape, and who have exhibited malevolence or ill-will to- wards this establishment. Such men _ will neither be reported, nor mentioned, in the columns of this journal, either in law reports, or in thoee of public meetings, if they should speak as politicians, or in the legislative bodies of any kind; neither shall any advertisement, for no amount of money, be ever taken from any of those persons, or their aiders or abettors, and published in our adver- tising columns, in any manner. Whenever anything is said in this journal, in- jurious to any individual in the way of business, there is every disposition to correct it, on a pro- per representation being made to the conductor. There is no desire on our part to libel, orubuse, or do any injury, to any private person, or even to any of a public character, compatible with our duty towards the public, in any point of view ; but ofall lawyers and pettifoggers, a private catalogue has been made out, of all concerned in those annoyances, and it will be adhered to by thie journal. This is the best and most effectual remedy to correct such annoyances perpetrated towards the press. If every newspaper conductor, through- out the country, would adopt the same plan, without any other general action on the subject, but merely from their own volition, the news- | paper conductors throughout the Union would teach those pettifogging lawyers, clients, wit- | nesses and judges, a new lesson inthe mat- ter of proper conduct towards the independent press. Detrae oe Tre Free Banxs or New Yorx.—We hope and trust that some member of the Legislature | will offer a resolution calling for all the cor- | respondence, communicatione, information, and | documents, which may be in any of the public offices in Albany, connected with the organiza- tion, progress, and explosion of every bank in the State. There is no doubt, after reading the Comptroller’s able report, which we gave onTues- day, that a vast quantity of valuable information | on those swindling and dishonest institutions is now in the hands of some of the public officers in Albany, that ought to be known to the whole community. It is time that a stand should be taken against the gross corruption and dishonesty | which the free system of banking is beginning to | develope in this State. It professes to be founded | on State stocks; but any basis but gold and silver for currency, is utterly futile and dishonest to the community at large. There is now in the United States, probably, a sum of one hundred millions of specie, and the whole of our banking system ought to be reformed and brought down to a specie paying system; and no bank ought to be allowed to exist in any out-of-the-way place, oranywhere but in large cities, with bills of no smaller denomination than five dollars. The multitude of banks pow in existence, issuing one, two and three dollar bills, only represent a mul- titude of swindlers—a multitude of dishonest men, a multitude of scoundrels—who deserve nothing less than the State prisons or peniten. tiaries of the country. A great portion of the working community are shaved, and shaved, and shaved, trom the beginning of the year to the end of it—from the rising to the setting of the sun—by those rascally institutions in this and other States. The free banks in this State, thus far, and those of recent establishment, are some of the worst in the lot. We trust, theretore, there will be a rigid and searching investigation made on this subject, in the present session of the Legislature More Courts Martiav.—We understand that several Courts Martial will soon be ordered by the war department at Washington, upon some of the officers of the army in Mexico. We should not be surprised to see Generals Worth and Pillow, and Colonel Duncan, all ordered home, including Gen. Scott, to take part in these singular investigetions. These Courts Martial will be the most interesting investigations that ever took place in this country, because the evi- dence that will be given at them, will show us the internal history and secret movements of the American army, during that brilliant campaiga —what led to their success, and their glory and brilliant deeds. We do not deprecate those Courts Martial. Ae faras their results to indi- viduals are concerned, they are of little conm quence, but the investigations will bring to light atter most interesting to the public, We ber | lieve in them, therefore INTELLIGENCE BY TELEGRAPH. HIGHLY IMPORTANT FROM WASHINGTON. | RUMORED TREATY OF PEACE, The Ten Regiment Bill in the Senate. THE PRES DENTIAL ELECTION. Opinions at the Capital, be. be. be. Special Telegraphic Correspondence. Wasuincron, Jan. 7, Evening. A letter is in town, dated at Jalapa, on the 16th De- eember, stating that the British courier hed passed through that place on the day previous, the 16th, bear- ing the intelligence, that a treaty of peace had been con- cluded at the city of Mraico, between Mr. Trist and the Mezican Commissioners, Conte, Cuevas and Atristian; end that the opinion prevailed in Mexico that the army could return homein sixty days. If Mr. Trist has made the treaty after receiving his recall, he will be censured by his government. Such a treaty can have no force, except as a mere naked Project or proposition offered by the Mexican govern- ment. It will be so viewed by this government. The recall of Mr. Trist was moat peremptory. In his last note he acknowledged its receipt, and declared his in- tention of returning home. Ifthe new treaty be based upon the letter of his former instructions, it will scarcely ‘be acceptable to this government. x The vote in the Senate on Mr. Crittenden’s amend- ment to the ten regiment bill, exhibits two whig votes in favor of the vigorous prosecution of the war. Mr Johnson, of Maryland, is one of the two; he is a Taylor whig, and will give his views on the Mexican question om Monday. There is no doubt but that the bill will pass both houses. The Southern democrats are determined to remain passive in the next convention, and to accept any man the Northern demoorats will designate as their choice, provided he be nota Wilmot Proviso man. Mr. Cass has defeated hisnomination in the North by his recent letter. He goes as far asthe most ultra Southern man, and yet the South is not altogether pleased with his sentiments. There is every reason to believe that the question will finally be settled by ® compromise, as there are principles on both sides which neither section is willing to abandon; but which both will consent to sink fora time for expedioncy’s sake. The South, with the exception of Mr. Calhoun’s friends, will be content with the line of the Missouri compromise. The North has already abandoned the extreme of the Wilmot Pro- ‘viso, and says it will be content if the South will by some mesns acknowledge that slavery doesnot now ex- ist in Mexioo, and cannot be introduced into Mexican territory, except by act of Congress. The South does not wish to admit Congress has s right to legislate in the matter atall, but for sake of union, will be content to settle by act of Congress, some line North of which slavery ehall not exist—both sections thus approximate, and there js little doubt # compromise will be effected Should this beso, Mr. Buchanan will receive the nom- imation. Pennsylvania will give her vote for him in con- vention, and will claim the next President. Mr. Dallas has no strength outside the city and county of Philadel- phis. General Cass has killed himself by his letter, and consequently the contest will be between Messrs. Wood- bury and Buchanan, with the chances in favor of the latter. Mr. Clay’s friends are endeavoring to turn his arrival in this city to his advantage. There has been for a few days, a strong reaction in his favor ; and if he oould be induced to modify the views contained in his Lexington speech, he would assuredly receive the nomination. Gen. Taylor's friends sre active, but there are causes at work, which may withdraw him from the political arens altogether fora time. and thus leave » clear field for Mr. Clay. What these causes are, I wiil explain to-mor- row. N, Telegraphic Correspondence No. 2. ‘Wasutxoron, Jan. 7—Night. ‘We understend that a letter is in town from Generai Worth, setting forth that he is inclined to be democrat tic, It is beginning here to be discussed whether he or Gen. Cass should be the man. The military fame of Cass is eclipsed by that of the American Massena in Mexico, and by many it is thought nothing less than Molino del Rey can carry the field against the old brown coat of Buena Vista. A movement it is said will be made in the House next ‘week for the creation of a fall mission to Reme, and that Bishop Hughes will undonbtedly get the appointment. Mr. Clay will not bs here till Monday. Peace offers are expected from Merico. and the oon- templated demand for more loans and treasury notes is held in abeyance accordingly. General Scott will be recalled as a witness against Ge- nerals Werth and Pillow and Col. Duncan, who are to by tried by Court Martial. The battle of Molino del Rey will be one of the charges against General Worth He waited till day light before commencing the attack, it is said im disobedi-nce of orders for a night assault. Hence the loss of four hundred men. In the event of a recall of General Scott, we suppose General Butler will take the supreme command. Mr. Webster made another star speech to-day in the Supreme Court. The subject was the Warren Bridge Company versus the State of Vermont, (Massachu- setts?) Open house at the President's to-night. Democratic members going up to consult in a conversational way on the affairs of the nation ces THIRIIETH CONGRESS, FIRST SESSION. Wai Senate. ‘The Senate was not in session to-day. House of Representatives. After the meeting of the House, the transaction of the-usual routine of business was attended to. AN EXTRA CLERK, On motion of Mr. Vixrox, the Committee of Ways and Means was authorized to employ aclerk at four dollars per day. NaToN, Jan. 7, 1848, PUBLIC PRINTING, Mr, Conon, from the Printing Committee, reported that no present motion or action was necessary in refe- renee to the public printing. THE SOUTHERN MaIL CONTRACT. A vote was then taken on Mr. Stewart’s motion of yesterday, to reconsider the vote closing the debate in Committee of the Whole on the resolution renewing the Southern mail arrangement. It was negatived. The Committee of the Whole, Mr. Smitn, of Indiana, in the Chair, resumed the consideration of the question on yesterday's appeal from the decision of the ohair. It was dissussed at great length by Messrs. ) Pollock Duer, Stanton, Cobb, of Georgia; Wiek, Schenck, Thomp- son, of Mississippi; Traman Smith, Green, Stewart, Woodward, C. J. Ingersoll, Gentry and Rhett. Tho Chair was sustained, 101 to 73. Mr. Goacin, having concluded bis hour, the House proceeded te vote on the amendments. Mr. Jonxe’ amendment, providing for indemnity by the Railroad Company to the Chesapeake Bay Company, eto., was adopted, 80 to 60. Mr. Med offered bis substitute for the original reso- ution, which was rejected. Several amendments were offered and rejected or withdrawn. Mr. Green propored to amend, by providing that the proposed contract shall not increase the expenditures from the funds of the department. Adopted, 88 to 62, Mr. Goacin offered a substitute, directing the renewal of the old comtract at prices not less than those paid up to July last. Rejected, 49 to 107. Mr. Rocxwext, of Connecticut, moved that the com- mittee rise and report, with « recommendation to re- commit the subject to the Port Office Committee, with instructions to inquire and report what legislation of general character is necessary in reference to the tran- sportation of the mail by railroad, steamboat, or other mode. On motion of Mr. McKay, the amendment was modi- fied #0 as to include inquiry as to the probable cost of breaking the arrangement with the Bay line. Mr. Rocxwew’s resolution as amended was then re- jected; 86 to #2. The committee rose and reported the ov iginal resolu- tion as amended by Mesers. Jones and Green. On motion of Mr. Steve the House then ad- journed. From the South, Petenssueo, Jan, 7, 1848 The overland express this morning brought New Or- jeeas papers of Jan, Ist, but they do not contsin s par- Fad t oe. LEGISLATURE OF NEW YORE. Avaant, Jan, 7, 1849, Senate. 4 ‘The standing committees were announced, vis :— On Finance—Jobn L. Lawrences, Allen Ayrault and Platt Adams. On the Judiciery—Samuel J. Wilkin, John Fine and A. Hyde Cole. On the Canale—Jerome Fuller, Saxton Smith and Frederick S. Martin. On Railways—William 1. Cornwell, William Samuel Johnson and John Fine. On Benks—Allen Ayrault, John W. Tamblin and De- vid A, Bokee. On State Prisons—Samuel H. P. Hall, John M. Hetts and David H. Little. On Manufactures.—Thomas E. Clark, Willism M. Hawiey and Alexander J. Coffin. THE MEXICAN WAR, Mr. 8. H. P. Have moved totake up the resolutions relative to the Mexican war, the extension of slavery, kc: Mr. Coanwett opposed their consideration at this time. Mr. Hawt insisted that immediate action was ne- cessary. The times demanded that the State of New York should make her voice heard on these important questions. The question being called, the Senate re- fused to consider them by a vote of 23 to 6. TAXATION. Mr. Lirtie offered a resolution te refer the petition for the repeal of the law equalizing taxation, to the Finance Committee. Laid over. Mr Boxce’s resolutions relative to the Mexican war wore reefrred to the Committee of the Whole on the Governor's message. Mr. Witxin moved a similar disposition of Mr. Hall’s resolution. Mr. Haxt opposed. A secret caucus he said had been held, at which it was agreed to send the resolutions to a committee, for report thereon. Mr. Wiixrn denied it, and pressed his motion, which was rejected. THE GOVERNOR'S MESSAGE. The Senate then passed into Committee of the Whole on the Governor’s message, portions of which were re- ferred to appropriate committees. Adjourned. Assembly. MISCELLANEOUS. Mr. Brewer presented # petition from the Savings Bank of New York. Notice was given of bills to protect emigrants, and to amend the Judiciary Act of 1847, relative to appeals from the Superior Court, and Court of Common Pleas of New York, and to abolish imprisonment for debt. A resolution was presented, requiring the Clerk of New York to report the fees paid to Coroners, from 1842 to 1848, A bill was introduced by Mr. Puorsix to increase the number of Harbor Masters in New York. Referred to a select committee. Adjourne ‘Tremendous Explosion of 1000 Kegs of Gun- powder on Board a Steam-! t. Sr Louis, Jan. 7, 1848. The steam-boat Sea-bird, from New Orleans, bound for St. Louis, and loaded with 1000 kegs of powder, took fire om Wednesday last, the Sth inst., near Cape Girar- deau. There was a tremendous explosion, which was heard forty miles around the country. The boat was blown to atoms. The passengers narrowly escaped before theexplosion took place, Railroad Accident. Axsany, Jan. 7, 1848, A man was killed to-day in Troy, nearthe depot of the Troy and Greenbush Railroad. The cars run on the wrong track, the switch being misplaced. He was killed instantly. Pedestrianism. Norroxx, Va., Jan, 6, 1848, Gildersleeve, the American runner, best Steeprock, in the 10 mile race at Montgomery, Ala. Time, 1 hour, 4m and 24800. No local news of interest. Election In Canad. Ausany, Jan. 7, 1848, In Lower Canada, five liberalsand two tories have been elected to the new provincial parliament. In Up- per Canada, two liberals, twelve tories, and two doubt- fut. These are the results, as far as heard from. Markets. New Oaxeans, Jan. 1.—Cotton—Sales of middling to good middling at 6% 87. Sugar is in fair demand; fair qualities sold for 3}¢ @ 35. Sules of molasees we: effected at 174. Flouris quiet; sales of Illiuois at $5 75. Freights—Vessels are taken for cotton to Liverpool at 7-16d° Exchanges.—-There is some demand for sterling for the next steamer. Cincinwatt, Jan. 7.—Flour—The market was dull, and no sales were making worth reporting; both wheat and corn were dull, and prices inclined to droop; small. sales old corn were making at 330 Provisions — How Sales 0! 2000 head it $2 25 a $2 50! Sales of 2000 packages good Hams—Sales were making at $ in shoulders. Whiskey remained about the same. material change in the river since yesterday. Ba.timone, Jan, 7.—Vlour—The market was dull. Sales of £00 barrels Howard street were made at $6, ‘Wheat—Sales of 3000 bushels were made, including Maryland rede, at $1 30, and family white, at $1 40 Cc Sales were made of 10,000 bushels, including white and mixed Maryland. 2, and yellow do.,at 580. Meal was inactive. Th les of provisions were confined to the retail trade, Whiskey was dull. Axsany, Jan. 7.—Flour and grain are dull. Pork is more firm, but prices are no better Sales of ordinary jots at $5 a $5 50, and prime parcels at $5 9234. Boston, January 7.—Flour—The market shewed no change. Sales of 4 500 bbls were made at $6 37K a $6 6234, embracing Genesee, Sruthern and Western brands. Corn—Sales of 3000 bushels were made, em- bracing Western mixed at 72c, and yellow at 750. Oats —Sales of 1000 bushels were made at 53c. Rye—Sales of 400 bushels were made at $1. Provisions were inac- tive. Freights—No change, while there appeared to be some more offering Peansyivania Legisiature. (Telegraphic Correspondence of Phil. Bulletin.) Harnispone, Jan. 7, 1848. But little business done in either branch to-dsy. In Senate, after the announcement of the death of the Hon. Jacob Wageneseller, the usual tribute of respect w: aid, and it then adjourned. In the House, a set of reso- tions in support of the Mexican war were introduced and laid on the table, The Speaker announced the Standing Committees. Various petitions were present- ed among them, praying for authority to close the busi- ness of the Phi a charter of the nominated in House adjourned upon the receipt of a message from the Senste announcing Mr. Wi ller’s death. Shipping In' ince. New Oateans, Jan 1—Arr ship John Carter, New York. Cld ship Robert Parker. do: , Baltimore. _—_————=- Tux Crry Government.—We understand that a number of politicians, of the cheap and nasty order, are’preparing to go to Albany—perhaps some have gone—for the purpose of procuring an alteration in our cit charter, so as to throw the charter election forward to the same period when we hold the fall election—in November. It isa sort of whig movement. The prospects of that party, under the policy of taking hold of the skirts of General Taylor, are brightening; and they think they could get the whole corpo- ration into their hands, by holding the city elec- tion on the same day that the Presidential elec- tion will be held. Now, we doubt whether the mass of the people of this city, and particularly those who pey taxes,are favorable to blending those elec- tions together. The motive in separating them was to give the people an opportunity to canvass singly for members of the corporation, and to en- able them to elect men to office on tneir indi- vidual merits, as far as regards the city govern- ment, and not blend them into a mass, with the affairs of the country at large. We want an amended charter, but not in this shape or form Monsizur Tonson Aaain.—Mr. Gallatin is bringing out another brochure on the war with Mexico—the effect of the war expenditures on the banks and ths currency. On this point, Mr. G. may be more successful than on the diplo- matic and moral part. During the last war, when Mr. Gallatin was Secretary of the Trea- sury, he saw the approaching crisis among the banks, and he immediately left his post. He will, probably, show and prove that the existing war expenditures will cause a general suspen- sion of the banks in a short time. No doubt of it. slides Newsrarsr Enrenrrise.—The New York Herald has a right to speak in the strongest terme of its enterprises No paper in the country bas accomplished 80 much in effec # revolution and ostablighing a cew era in journalizing, as the Herald — ! 4 is snieuned,) papers of Fhe Fepecta ble (ua cromene eg stant it, are now obliged of yesterday contained ten hews reosived by Tel io the Atlantic and tamce belong 1,40 mniles. Faxsm Apvertisemznts Every Dar.—The advertisements in the Herald are fresh every day. We receive none over a day’s length, payable in advance. By this system, the read- ing of the advertising columns in the Herald is rendered as fresh, interesting and useful, to the inhabitants of New York, as the foreign news, or the telegraphic intelligence brought from all the country round. We have adopted this system, for the purpose of producing economy, and of lightening the burden and expense of advertising to the public. The advertising business in this city has been, heretofore, a system of waste, extravagance, folly and absurdity. Look at the immense blan- ket sheets, with their immense columns crammed full of old advertisements, some three, or six, may, even twelve months old! No one reads them—no one ever looks at them. Paper, type, and work, are thrown away. How different are the advertisements ot the Herald, which are fresh, new and useful on the day when they appear, thus economising the time and money of the advertising reader. In this telegraphic age, when thunder and lightning, or rather the lightning without the thunder, is brought down and harnessed to the press, like horses to a wagon, no other system than that which we have adopted is suitable to the age; namely, causing advertisements to appear once for a day, and fresh every day, in- stead of inundating the public with trash a year or two old. Tue Senate anv THE Eprror or THE Umi0n.— There is some probability that our highly re- spected contemporary, Mr. Ritchie, of the Union, wiil be once more permitted on the floor of the Senate, Mr. Mason having introduced a reso- lution for that purpose. We regret, however, that the resolution was not acted upon immedi- ately; for, although we have been obliged, on many occasions, to speak somewhat harshly of Mr. Ritchie, we have a filial regard for the old gentleman who presides over the government organ. Se him on the floor of the Senate, by all means, poor old eoul. Tue Sreamsuir Norruerner,from Charleston, arrived yesterday morning, having left on Mon- day afternoon. The Northerner was due on Thursday; but owing to an occurrence, an ac- count of which Capt. Budd gives in the follow- ing communication, the ship was detained near- ly twenty-four hours. Her accounts are, never- theless, one day later than received by mail :— “ The Northerner had to put back, in consequence of lave secreted in one of the cosl bunkers — ‘apes of Virginia on her return, a pilot sp he slavesent in charge of the clerk to Norfolk, and the steamer resumed her voyage. When off the mouth of the Delaware river, the weather bein, boisterous, with every appearance of a 4 E., Capt. Budd thought it advisable to make a harbor at the breakwater. While there the steamer took in ° about twentytons of coal, and then departed at 8 0’- clook in the evening. Capt. Budd returns thanks to Capt Nones,of the U. 8 revenue schr. Nautilus, forthe Proms eae in which he offered his services to the Wheatrical and Musical. Panx Tueatn performances at this house last evening were attended by a very lafge audience; in fact, in halfan hour after the commencement, almost every seat was filled. That delightfal little pair of po- nies, Damon and Pythias, are really gems in the way of horse-flesh, Pythias? waltaing is capital, and th gravity of the little fellow’s phiz, ne pewetheateaea Keeps time to the musi», is very amusing. As for Damon and his “cowtillion,” a» Master Merryiman calls it, he hows that he has an ear for music, though his sphere of ion on his board is not quite large enough for him, it ikes us. Not the least surprising of these little ani- mals’ feats, is their jumping through a hoop both to- gether. Sergeant sud M: Gardner are splendid equestrians; the perfect eae and grace with which they o through ‘their acts, shows how much practice they ve devoted to their art. San bis children were, t, the whole entertainment is ‘ternoon Bowery Tneatnre.—This place still continues to be crowded nightly, -o witness the many attractions there presented. To nighta rich bill is offered. The tragedy of “Richard [II together with the “Spectre Bride- groom,” and “Crimson Crimes,” cannot fail of success. CwatHam Tueatre.—The proprietor of this theatre has taken great pains to present a good bill for to-night, To-day being the anniversary of the battle of New Or- leans, the nautical drama of “Our Flag,” will be play- ed, as will those of the “Lady of Lyons,” and “Th the Orphan of Geneva” Dr Valentine will also ap- pear in bis famous caricatures of Yankeeism. Cincvs—BowrnrjAnrnitHeaTRe.—Tryon is jogging along at this house with quite good auccees ips ‘hes some ex ot performers engaged, such as Mise Jessa- Mne-Smith, the comio si repeng scone the exible phenomenon—and a couple of fu lowns, Wells and Williams; Madigan, pha ko per ved After having beenso much patronized during the seasot he is determined to deserve it to the last, and though houses hate been a littie thin lately, we have no dou! he will short!y have rousing ones. Cunisty’s Minstres.—Last night the house was fill- ed to overflowing again. It seems as if the floodgate of popularity has been torn off its hingeain thecase of these minstrels, and the folks having got accustomed to the fun, it cannot be put on again and shut down in any way whatever. They are now cenoluding their 14th week “Think of that, Master Brookes. ‘I'o-day, by way of au anchovy, they give an afternoon performance. Broapwar Onron.—That ventriloquist, Valentine, singular genius, The most perfect ventrilcquial illusions ate produced by him ; indeed, one can soarcely realise that he has not some one concealed who answers him. Such is not the case, however, we can assure unbelievers, The model ariists here are as popular as ever, and still willing to suffer in the oxuse of the fine arts, if calied on on todoso, They ars a grand troupe. Tue Steveamanxiscne Mustcat Comrany give thelt fifth concert this evening at the Tabernacle. They have given great satisfaction at their previous enter- teinmenta. Laraverre Bazaan.—This i¢ a delightful loun; there is every variety of fancy articles to be found t! » ‘and besides that, beautiful cioramas, mechanical figures, &o., are exhibited. pose Brot are performing full programme Lynne’s Musicat Inivetrat or iS which was intended to be given next Tuesday evening, at the Brookiyn Female Institute, is postponed until the following Thursday. Tue Barrtisn Protective: Emionant Society will .—A band of singers under this title ‘olumbian Hall. They give quite give e grand concert and literary entertainment, on Fri- day evening next, at the Tabernacle. Mr. Lover, Mr. Loder, Mr Lynne, and many other eminent artiste will appear. The object of the concert is to raise funds for the charitable committee of the society. Mississtrrt River.—We are glad that Banvard is got- ting so muoh patronege at his panorama. It is well worth a walk of ten even to see it. Those whe wish to go, however, need not put themselves to on trouble, for the stages will set them down at the joor. Mapame Avavusta.—This distinguished doneeuse gives three performances next week, at Newark— Monday, Tuesday, and Wednesday evenings. We perceive that the beautiful ballet ef Nathalie is announced for Mon day evening, when we promise the citisens of Newark one of the richest treats they have received for some time. Madame Augusta will be assisted by Miss Wrlis, Mona. Frederiok de ballet. If wark think as gardii nt of this beautifal, fascts danseuse, there is little doubt but that the theat be crowded on that night, to witness the onaste, e and truly graceful dances of the ¢ueen of ballet per- formers. We are informed that Mr. Malone Raymond, whose Irish entertainments were so popular in London and other parts of England, when we were there, and which wehad the pleasure of attending, purposes making a tour in the United States, and that he will shortly ar- rive here. ‘The Bostonians are elated at their good fortune in having Signora Bisoaccianti to sing to them. The pe pers are filled with her praises. It issaid. e opinion reome to be general among all classes of listeners, that Signora Bisoacoianti is @ most delightful singer, and an actress of uncommon capabilities.” ARREST OF A MAN SUSPECTED OF BRING A PARTY yo Tax ronpery oF Dr. Dartinctox.—This morning I am informed that the supposed robber of the President of the West Chester Bank, has been oaptu- od within one mile of Port Deposit. The fellow who ieved to be the robber, was traced from Philadel- phia to an old school house near Dr. Broughton’s farm, (about two miles from Port Deposit.) now in the oceu- pancy of a follow by the naue of McDowell, o brother of the supposed robber. A stranger oalled on Dr, Broughton, and after making inquiries in relation to the residence of McDowell, went there and arrested the aus- peoted individual, Inthe mean time, the re were no less than eight men stationed in the wi around the house, which, after the arrest, was searched, but no money found. ‘The police officers, (for #0 they proved to be.) [pres iphia. is eaid to have been in the penitentiary Pt doubtless is no novice.—Correspondence Delaware Re- publican, Jan. 4. The report of the warden of the Ohio penitentiary, states the number of convicts on the lat of November, a 445, of which number 300 were white males, and 7 white fematen, 46 colored wales, and 2 colored females. Of the convicts, 207 oun read and write, 69 oan rad print only, 47 have learned to read in prison, 1) osncot read inte) igibly, and'?4 oonnct reed at all,