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, State of (Prom the London Tele, i) Oar unial atterocon despatches aria nave not reachéd us; but a correspondent, who left that city yos- terday, and travelled by express, describes the state of things as veay alarming. The operatives demand eight fronca per ditm; it they do not racetve it, they threaten the provisional goverament They say. * We over turned th» monareby, and if you do not as we wish, we will overturn you.’ The Bourse expected aj to close. More failures spoken of Operatives pareds the ttreets singing the Marseillaise. ‘The Restgnation of Metteratch, ‘The resignation of Prince Metternich 1s certain, and the circumstances under which it teok place are extraor- divary. The Prince bad declared himself decidedly fa- vorable to concessions ia Lombardy, as well as in Bobe- mia and Hungary. With regard to Lombardy he advised prompt and ample concesstos, His views iuet no sup- d at the last council at which he at in coercive policy. He did not, however, rr- tign formelly, at the moment. The same evening the Prince went to the theatra. During the performance some insignificant expression tothe offest of ‘We must trid ot theso ministers,” was caught up by the house, A repeated ali eyes being directed to the venerable who soon a:ter rose much affected, and once gave effect to his provious!y expressed intention. Fashions for March. (From London and Paris Ladies’ Magazine of Fashion ) ‘The materials fashionab'e at this moment are f large yatterns, stripes, checks, losanges, bouquets, &o.; the most showy silks for evening weer are the royal l’ompa- dour, and taffetas glaces of light colors; very pretty woollen and silk materials arc appearing for walking Gresees; velvet, both black and colored, is worn, bat not in full dress, made high and without trimming; the only ornament consists in the richness of the button. Many of the ball dresses are of tulle, with two or three skirts, one over the other, and havea very light and pretty effect by candlelight. The skirts are made shorter, par- ticularly in front, and blond is decidedly returning to favor, but of a lighter dercription than formerly, more like lace made of silk; much of it is also used for various purpotes in colors. Checked popelines of every shade of color and description, and tsffetas ia small stripes b»- zines, are worn by young persons ep neglige. Pretty peignors, termed suitanes, are wads of cachemire, me- rino, or mousselaine laine, embroidered fa silk and lined with sarcenet of the color of the embroidery. Cap mall, mostly composed ofa civolet of lace in application, partaking a little of the forma la Folle; others are formed of arquare rounded; the lice, instead of being gathered, is fulied only at intervals; t! form is made of tulle reseau, edged with lace, and nud formed of numerous loops of n2rrow velvet; in evening toillette the petit bord or drees hat ia of black velvet, ornamented at the side by asmall plume of pink fea- thors. Nocuds of gold guipure sre worn in the hair. ‘Turbans are emall and light, composed of tulle, tarla- tave, gold, silver, or silk gauses. There is little variety just ‘yet in bonnets; some change is vamed io the form of the crowns. and velours ¢pingles ma: terials of the moment, and crape is eometimes used; tty oapotes for young ladies are made of whits plusb, ined with pink; half squares of lace form pretty orna- menis for bonnets. Markets, Lonpvox Money Marker, Friday Evening, March 10.— In the English funds the absenceof eny permanent power of re-action is still macifested. Owing to tho circumstances of the French Three per Cents having yosterday risen from 47 to 52 on the Paris Bourse, a ri of 1 per cent ocurred this morning in the Consol ket, but it was only partially maiateined. The first price, both for money and account, was 80}, whence, upon the reoeipt of the Fr avance took 2 ce to 8134, from whieh at the c’ they jain receded to 80% to8l. The purchases on the part ef the public which have bven observable du- ring the entire week were still continued. ik stock left off at 190 to 198; Reduced Three per Cents (which closed to day for the dividends,) 80% to 81; Long Au- nuities, 8% to .%; India Bonds, 68 to 10s premium; and Exchequer Bills, (June,) 268 to 298 premium. Bu ‘was exceedingly limited in foreign securities, this af he transactions me eenne Brezilian small, ea at 7 78; Portuguese Four per Cents, at 16% for mo! d at 16 for the account; Spanis! Cer 4 11%, for the ascount at 1175 11%; Passive,at 3; and the Threo per Cents, at 234; Belgian Four-and.a-Half per Cents, at 60, 6» and 61; Dutch Two-and-a-Halt per Ce: and the Four per Cent Certificate: ‘There was again difficulty expe of bills upon Change, and, wi land and Frankfort, the rai only intelligence in the busin ceived this afternoon, is that Me Gouin & Co, are understoed to have called upon their shareholders to pay up 15,000, 000f., so asto enable the bank to re- eume. A meeting of the shareholders, with the view, ‘we suppose, of considering the proposition, was to be held to-day. The letters from Amsterdam, to-day, men- tion another failure of some importance, the firm be! 141; 69. that of A. an Hi & Sons, this being the xe teenth house which had stopped during the week. From the influence of such multiplied disasters, the funds continued to fall, while the rate of discount was rapidly inoreasing, the charge being now 6 per cent. on the best paper. A atrong teeling of apprehension still prevailed. Or favorable circumstance, however, had oocur- red—namely, the resumption of Messrs. Westendorp & Co., which had taken place om the 6th instant. From Hamborgh it i that nothing can exceed the prevailing duliness; and that, as bad news is expect- edfrom Austria and Lombard; ope is entertain- ed of any present improvement. The political mapifes- tations which had taken place in the city appear not to have been very serious. About 3,000 or 4,000 people as- sembled on the evening of the 4th, near the front of the Exchange, and then proceeded to assail with stones the houses of sore of the obnoxious senators. Upon tho appearance, however, of the burgher guard and military ey effected a precipitate-retreat. In the last advices from Brussels mention is made of the Société Générale having, with the view of increasing its financial resour- ces, given notice to its representatives in the provinces that individuals possessing deporits inthe savings banks can convert such deposits for ali sums not under 500f. into bonds of the Sociecté at 6 per cent per annum. paya- ble at the expiration of two years. As the Beigian savings-bankedo not allow interest beyond rate of 4 per cent, it wes considered that this notice to the well-provi- ded classes of depositors might probably prove attracti ‘The letters from;Bordeaux state that the genoral ex ment o-casioned by the revolution having passed, com mercial atiairs were resumiog thoir former activity. ‘Lhe business of the last few deysin wine throughout the department had been cousiderable ‘The bank,” it is noid, “continues to discount according to the terms of its statutes, and the amount ct notes prosented for cash bas cenribiy diminishea’ The Nantes advices report that their banking administration were doing all they could to afford customers facilities. As confidence was in a great measure restored, aud as capital was flowing in to their assistance, the merchants were anticipating a favorable change in sffiirs. To all persons in arrears with customs duties the authorities had granted @ re- spite of payment, ia consideration of the sum outstand. {og carrying interest at the rate of 6 per cent till the period when they might be able to liquidate it. The return from the Bank of England for the week ending the 4h of March, given the following results when compared with the previous week : — Public Deposits. £6-574,785 Incresst Other deposits 921984 Decreas: Rest... 3.95) 810 Increase... On the other side of the sccount— Goverament securities £11574 921 The same rs before. ou 13,195,456 Increase . + £182,215 ‘ne 18 375 615, being an increase of £195,860 ; and the atock of bullion in both departments is £14,873,927, showing an in- orease of £113,112, when compared with the preceding return. «£157,774 © 3018S + 2t145t Bank or Enctaxp. An account, pursuant to the sci 7th and 8th Victorie, _ cap. 32, for the week ending on taturday, Merch 4. Issue DerantMent. 28,205 830 Eo pea Notes issued... Silver bullion, .. 2:5,838 Baskino DerantMent. Proprietors’ cap'l...£14,553,000 Gov't, securities est, + 8,983,840 (inclnding dead Pablic ‘deposits (in- ; It elndingk.xchequer, Savings’ Banks, Cominissioners of National Debr, and, DividendAcconnts)6 71 785+ Other deposits... . 9,249,804 Seven day and other bill 260 £35,188 669 £3 M. MARSHALL, Chief C Dated the 9h day of March, 1848 Manoa 11, Satunpay, Haty rast One o’ctoce. —The finauciel deorees published by the provisiousl govern- £28,205 830 ment of France yesterday, have excited much attention | ju thecity. On the fire: view of the case, the one which regulates tho payment of the depositors in the savings ponks created considerable alarm; but, on more mavure consideration, it is admitted to be ss judicious as any method which couid be devised uader the ciroumstan- ces. [tis quite obvious that, supposing the demand for repayment to have been continued, tha stock purchased with the deporite could not have been sold in the mar- ket at present without producing « frightfully rainoun | depr-eistion, if it was practicable at ail, ro thet there was evidently no alternative but to cain time, in order to restore public credit. This is ore of the diffloulties which every person tha’ attended to the subject bas long seen to involve: the principle of investi oney of the savings banks in public sec overnment of England wouid be placed in preci ly the same dificulty, if any circumstance occurred #0 ke public oredit asto produce a general run by jogs bank depositors, the stock represonting which, amounts now, to neatly 20 millions in suchan event, some rimilar moasure to that adopted by the pro- yisional goverment of Franco would become insvita- ble, for it is self-evident that the stook could not be sold toimake tho payments, In looking, therefore, at the whole case, the scheme adopted by the French govern- ment is as equitable to all partios asany that could be devised, av it involves the very Smportant point of the immediate payment of tie small deposito: Thore has not been tauch movement in public secuci this morning. Consols were firat done at 81 for account, have since been done at 9134, and aro again nearly at “the opening price. For money they have boen done from 80% to S134 for delivery on Tuesday. The Thres or Cer Reduced are now also shut, but the stock ae been gold at 8134 to 90% for private iranafer. Bark Stock for the opening 192, Exchequer-bills 2639, and | India Bonds 10pm = Tne business trans: d has been | Ineorn ble in amount ‘Tne busines in Foreign Socks has not been extensive. There hes been no im- | provement in Peni bonds, Porturusrs Four per Ce t 15) Spanish Fi 1 . 2254, Passive 289 7977, Belgion Four and a Halt per Cen‘s, 62, ond Dutch | ‘Two-and-a-Half per Cents 412 ‘The announcement of | tue arrival of the Hibernia at Liverpool with the Ame- rican matia has aa yet bad no iotlaenoe, the letters »ni paprre not baving reached town. In conkeqnenos of the renewed oontirmativa of ® peace having been #igned by Ganeral Scott, by the telegraphic comman.eac'ou, Mext oan Bonds have been more in demand, but without pro- docing much differenos in the price in the abmenoe cf partiomars ‘They bave been done for mouey at 14% Phere is » slw A improvement in some of the Rail. way Shares, Dutgbe market cannot bssatd to be actin na, of whic! singe our 1 24 50 to 26 per 50 Kil, for hoy 5 quotations are £21 to. 29 ‘The importe w #705 Heroes rom Charleston, and 3558 by : Vhale- from: Oppcueroey end $600 Dage from Caleutta, Whale. ta jock Copal fot hese $l onpon Conn Manner, Mateh 10.--As this dsy’s mat ket the little English wheat on sale brought readily the onan of Monday last. Wehed again # good atten- dance of country buyers, who purchased more freely cf foreigo, and the turn of price was in favor of the seller Sweet barrel flour was held at 64 to 1s per barrel higher, ‘Vhs quantity of Indian corn on the spot is considerably reduced, and holders have generally required @ further aivance of Is psrqr. Floating cargoes of gond quality, Ivo in requent, bu harcly procura- antageous terms as last werk. Since last market day We have received @ good supply of English oats, and ceveral small cargoes have got ia from Holland and Friesland; this checked any imprcvement in prices, ruled firm at our previous currency Egyptian beans in mére favor. Boiling peas 1s to 2s lower. Barley steady. Other grain without alteration Livearoon Coan Manxxr, March 7—American flour upon @ tolerable demand, 6d to 1s per bb! dearer, In- dian corn upon a less free sale than yerterday, obtained 1s per qr. merely above currency ct this dey eo’nnight ; and corm mealalthough held at somewhat higher prices, was not readily sold over 13s 6d por bbl. At market 10th the domend for ail descriptions of grain small. Prices, however, firm!y maiutained, but buyers operated cau- tiously. In flour somo sales at 22s to 295 64 for western, 273 for Baltimore and 24s 6d to 25s 6d for sour. March 10 —The market was languid throughout, and although bacdly any change was made in the quotations of 7th, still holders would willinaly have sold on lower terms. The value of best W. ©. flour is now about 2 end Canadian sweet 273 to 27s 64. Indian corn sold 284 to 316 per quarter, whilst indian meal 38 6d to 143 6d per 196 Ibs. March 11.—I’he transactions in breadstaffs aro of a imited character, and the market extremely dail. Livenvoor Corton Market, March 3.—The different qualities of American cotton were about id lower dur- ing the beginning of the week, but there has been a slight tendency tosteadiness and recovery yesterday und today, and we con: ly close the week with moe firmness. andat areducetion of }¢1 to ‘4d on our quot tions of Friday last. Surats, Bragils, ana Sea Islands are without change, the demand being only moderate. The disturbances in France, and the apprehension of a some- thing szising elsewhere on the Continent, have for the moment put an end tothe foreign domand in Manohester ‘This is embarrasing our spinners most sensitly, and, were it to continue forany considerablo period, would be uttended by serious inconvenience to a vast hody of our trade, who have always been in great dependence upon thet Uranch of business. On the subject of crop and supply we have nothiog novel to report, there not being avy new feature or estimates upon those important oints. For the present, however, our attention is more jatently fixed upon the treda aud consumption at home, seaing how unavailing the present low prices will prove to any ony, unless the trade have a profitable outlet for their productions. 600 Sea Islands are declared for kustion on Friday next. 1000 American have been tasen on speculation, and 400 American for export, The ae for the week amount to 17,820 bales.— G@co. Holt $ Co. Maken 10 —Notbing can stand against the political and social’ disturoances that are going on throughout the world. There can be no doubt tha: within the last few days the riotous proceedings in our large towns have had a considerable influence on our transactions, much {n the same way a8 a week ago the political changes in Franceaff-cted the export trade in Manchester, Alto- gether, our cotton market has not enly been brought to a check, but low 98 prises previously were, they have given way still further, laet week to the extent of an 3d to 4d perib,and thig week an ‘4d more. Nor is this all; the courseof proceedings consequently aiopted by oll parties is necessarily thas of extreme caution, and the trarsactions are limited and contracted accordingly. Indian cotton is without mach obangs, ,but all qualities of American, Brazils, Egy ptiens, &o. have been affected to the extent above named. Nor is there (having regard to Manchester, the main source of our help) any imme- diate promise of amendment. Our main confidence for the present must, therefore, reat in our smell stock, low probably sort supply. No doubt any bet- im Manchester, and in public affairs generally, instantly be felt here. 400 Amer! have been culation, and 560 American for ¢xport.— The eales to de Sales for the week 24040 cotton market, which closed heavily yesterday, has been further depressed to-day, by the Obareoter of tho intelligence received this morning by the nia steamer. Holders have pressod salen, and 4 penne pore — pa aae ae from yes- prices, but js has not been general. i 2500 bales were sold. Ms OEY. _ Loxpon, Match 11—Coffve—Sales of all sorts exceed- ingly limited, and prices tend downward. Drugs—Cas- tor cilin fair request at full prices; 100 ch camphor, 558; indigo firm, and holders iook for higher prices. Resdy sale for hemp; by auction £84 for good Manilla Iron rails quoted at £7 15s; British bar, £4 104 5a. Cop- per reduced Jgd on sheet. Banca tia firm. and moves slowly at £4" Naval Stores—Rough turpentine held for stiffer prices, but few sales. A steady business done in spirits at about 40s for Americ: Rosin duil. In ni- trate soda, a large business done; holders obtain 14s. Rice—Curolina ia good request. Sugar.—Foreign mar. ket well suppliel, but value of any sort mot much changed. In week ending March 7, public sales 250 hhds Cuba Muscavado, good and fine yellow, 42 to 45s; fine brown and middling, 33 to 41s 6d; 290 hhds and 250 bbis. mot qualified for home consumption, sold in bond 17s to 218, chiefly for re! in bond. 1100 boxes Ha- vana good to fine y sold at 41 to 43s 64; low and middiing, 39s 6d to 408 64; 100 casks and 1000 bbls Cuba, chiefly clayed, low to good white, 46 to 533; low to good yellow, 33 to4is 6d. 150 ch Pernams, sold at 36 to 374 good brown and yellow to low white 293. 1500 bay Vernams offered and bought in, 100 chesis and 500 bar- rels Marceio chiefly sold, soft white 39 to 41; tine brown ‘and yellow 36 to 5. By private con- t 8090 bigs Mas A yeilow Havana, nd 200 chests Bahia brown 37s to 385; white 408 6d to 4iséd. Onthe Sth, sales of foreign, 2500 boxes yel- Jow Havana and 20 cages Brazil nearly all bought in at 6d decline for want of purchasers. Saltpetre-A great re-ection; some large sales on speculation, and about 5000 bags dispored of at fully 2s per cwt advance; about 400 tons to arrive, nold at 203 per cwt. Brandy in less repute end market rather flat. Spices—Cloves m good request. Nutmegs and mace more inquired for, and later 24 a 3d per Ib dearer. Pepper also in demand, and tha public salee have gono off readily at full prices; Sumatra 29¢d a 2/44. Malabar 31.83%. Pimento in good request; lasc public sale 270 bags brought high prices, 43g4.84)¢d for low to middling. Tallow- P. Y.C. on ot 50s@ 503 34, For delivery firm 433 61 a 455 jarkes quiet, trade showing no ition to buy revious prices; sales common sound Congou 81 & Santon Y. H 1s 24 @ 1s 44, for Canada. Other descriptions are quiet, and prices nominal, except Twankays, for which no prices can be named with accuracy, as there aro no buyers to be met with except at lower prices. Stock about four millions of pounds more than last year, ebiefly black. The cclonial markets have besn charactetiz'd during the week by considerable heaviness, and a great desire on the part of the various dealers to avoid transactions of every description. Salt- Petre has continued te command attention, but this is the only exception to the general depression. A decline ia the value ofsugar of Is per owt, has taken place, Atthis reduction, however, the importers have not been: free rellers. ‘The parcels offered on Tu atthe opening of the markets wero large, but in s-quence of the heaviness attending those auctions, hoiders have since felt indispored to bring forward any quantity, omd the sales this moroing have beon exceed- ingly etaall alers in ocftee bave also shown greet disinelination to extend their purchases, and where sales have been made the previous quotations have not been maintained Another largs parcel of Mocha haz been offered publicly, end wes all sold, bat, os might have been expected, only at & decline of 23 to 34 per cwt. The tea market has shown little activity, the trade probably having been insome measure prevented from buying largely in consequence of the declaration of public sales for Wednesday next, the 15th, when it is estimated that a large amount will be cffsred. Holders of rice have not beta woul p'aced large quantities on the market, but notwithstand- ing this saies have with difficulty Leen effected at 1s per owt decline. Tho very heavy stock exercices n depresing eee “4 ioflaence ou this artick Havar Marker, March 8.—Cotton—The threatening storm that had for come time past been hovering round the political horizon, bas at Jength burst over our heads ia all its force; another revolution has been accom- plished, still more prompt in its execution than the pre- ceding one, and another dynasty. probubly the last roy- alty that will ever preside ovor the destinies of France, has been suddenly overthrown, and already seems to be quite buried ia oblivion. It ishardly necessary to state that a total prostration of business was one of the im mediate conrequences of such an event; # general con- aternation pervaded all classes of society, and to com: pleto the universal panic that predominated, the public banks were everywhere compelled to saspand their ope- rations;#o that all sources of credit were for a time en- titely exhausted Sines our circular of the 234 uit. the transactions bave, therefore, been on a most restricted sslo The advices from the United States, of 6:h ult, received immediately after ita wp me by the Mis- souri stesmer. and those of 11th ult., which reached us on Monday se’nnight by tho Acadia steamer, via Eng- lad, were.in the tace of the recent imporrant ocour- revees, without any influence on the situation of our market, which has been considerably depressed, and prices of American cottons have declined f2 to 3 during tho past wesk. ;Tho accounts from Liver- pool also announce # ‘decline there, owing to the revolution in this country, and the considerable fluc- tuations in public securitice. At the opening of this week, on Monday, ths acpect of things was less the communications momentarily interrupte depredations of the mob, are beginning to bs re-establiab- ed, and js the banka will now be enabled to procure specie. which was before almoat impracticable, they will immediately resume their ditcounts, although perhaps to a limited extent for some Japse of time. Confidence, however, is far from gaining ground, an important fail. ure having taken plece in Paris, and thrown © gloom Over our market yesterday, which cloned in # very dull and drooping state, and_no attention was paid to tne in- telligence brought us from the United Statos, by tne Packet chip Dashes d’Orlesus, whic onthe 19ch uit, and performed her Ashea—Our stook being entirely exhausted, nothing has been transacted since previous report of American Potash at { 50 to 51, and Pearlasn at f 60 per 50 il, duty (£825) paid. No supplies have arrived. aft New York wage in 16 days, We quote prices Rios—Thero h been a very limited demand in Caroli- hava alargsatock on hand. The sales report amount to only 117 tierces, fair, at are 728 tieroes has bea done in this art to 09, and southern at f 2 0734 to 210 per half Kil., bat hey ate merely nominal. A supply of | sived fom New York. Stock oaftand: 109 face ween 110 tons last in Tallow. A exalt lot of American Lard found ‘ul, duty paid vee Montevid 99, 48 oks and 1470 bb's Lard from the U. Wheat--Acoording (0 the official returns, thy arene, prioe of home growth throughout Franoe, at th jast month wea £19 17% per hectolites' (2% bu showing a decline of 100 on that of January. Our quotations at the co: rarponding period Inat year wan f.33 8) and in 1846,f22 11 por hect The import duty for our port han been inoversed to i475 per French or ditional 10 per cont. deoline of £5 took the averags £46 beypligheg place, 1G being £46 per sack lo, We quote prices of north-western fishery at f2 and : 105 tons, it car. Tallow —We have n0 sales ¢> record Ve qrote prices of Russia, yellow, at f 63 50, juyers ati 6i, ‘The laporta were 50 oasks ‘Tallow from of hela), American vessels, and f6 in other bottoms, with an ad- At the last Montivilliers market a NEW YORK HERALD.) Aorth-weat Commer of Fagjgp and Nassan st. JAMES GORDON BENNETT, PROPRIETOR. DAILY HERALD~Evew day, (Sunday included.) foents per cs pan 3 % annum—in the United States. Ei ube ers. $14 annum, to include the post- age. Subscribers in ‘South Ament the East Indies, or inthe Pacific. and the West Indian ive their papers by every vessel from this WEEKLY ALD By Saturd ig conte per copy—$3 1256 per annum—in the United States. Eu- Topean subscribers, $5 per annum, to include the postage. An edition (in the h Lan ‘ench aswell as inthe Englis fohed on the doy ‘of the detarture af i guage.) will be pub tach steamer for any port in Europe, with intelligence from all the American continent to the l arts y ‘viene, Paris; P. er. bookseller. Henviett London, ‘fercign porte will rece ere op everuccene direct from New York MPRESIDENTIAL HENALD~Svery Tuesdoy—One iy DPE! morning) at iain, legible manner cript. despatch. Ord d at the Publa Gace cor jeapatch. lers received at the Publication ¢, cor ter of Pulton and Nassau streets. “ALL LETTERS fone, or oith 5 dy mail, for subscripti advertisements, to be post paid, or the postage will dusted from, the money remitted: VOLUNTARY CORRESPONDENCE, containing important news, solicited from any quarter af the world-— and if used. will be liberally paid for. f ‘NO NOTICE canbe taken of anonymous communica- ions, Whatever is intended for insertion must be aut red by the name and address of the writer; not nece: 1ily for publication. but asa guaranty of his good We cannot undertake to return yeseties. ‘cammunications. ITALIAN OPERA HOUSE, Astor Plaece.—Lucrezta Boraia. BOWERY THEATRE, Bowery—Tur Wuitesors— Insurrection or Panis; CHATHAM THEATRE, Chatham street—Kira’s Gan- penck—THe REMEARSAL—PrinIT OF THE MECHANICS? HALL, Broadway, neer Broome—Canis- ts Ma taneaenlyoeqeeen Siveina, Buncesqus Das- c1na, ke. CONVENTION HALL, Wooster stree Sauce Brotwers—ETHroriaNn Sinaina, BROADWAY ODEON, Broadway. —Sxnio Comic Pic- runes, kc. PANORAMA HALL, Broad: "ANOR, ATRRS. ar Bleecker. — Honstor street — t Sand 736 P. M. “New York, Wednesday, March 29. 1848. = =— Circulation of the Herald. March 28, Tuesday. ....sse0es +24,240 copies. Average of Daily, Sunday, Week; as 4,960 ‘* Aggregate issue last week. Aggregate issue week before Increase last week. Increase previous w “ ‘Total increase in two weeks... .+.0++ ‘Tho publication of the Herald commenced yesterday morning at 10 minutes before 4 o’clock, and finished at 10 minutes before 10 o’lock. Our Foreign Correspondence, Our correspondence by the Caledonia 1s very full. It makes up the details of the news by this steamer, published in this day’s Herald; it gives a complete history of the events in Europe during the two weeks previous to the sailing of the packet. Whe Great News—France A Republic! The question is settled. The news by the last steamer, the Caledonia, has removed all doubt. France is now a republic, and 1s already acknow- ledged as such, by England, by the United States, by Belgium, and Switzerland. The other mo- narchical powers will probably follow. It they do not, it will be a matter of but little conse- quence. The doubts which lingered in the mind after the receipt of the previous imperfect intelligence, have been entirely dissipated by the news now before the community. This wonderful event has astonished all classes, and created a tumult of excitement be- yond parallel in New York. It will extend from one end of this republic to the other—from the shores of the Atlantic to the foot of the Rocky mountains, and across the continent, wherever an American citizen is to be found, to the bil- ows which wash the sands of California and Oregon. Now that a republic is established in France, what is the next important step? Will that great people be able, peacefully and quietly, and without any convulsion and riot, to carry into effect their great purpose, and organize a republican government, on the principles which have succeeded so well in the United States? There are, no doubt, many obstacles in their way; but the intelligence of the age, and the example of the United States before them, during its past history, will, we hope, enable the edu- cated portion of Frenchmen to instil knowledge and light into the minds of the less educated and more ignorant. Yet the very latest ac- counts present bad symptoms. ‘The revolution itself is amost wonderful event. It seems to have been produced by a combination of all the iafluences, prejudices, traditions, and principles, both modern and ancient, against the naked principle of monarchy asaform of go- vernment for Franc2. One of the most singular combinations presented in this great movement in Paris, is that of the old Carlists, the Catholic clergy, and the Napoleonists, all submitting to the republic, and giving in their adhesion to popular sovereignty. The Archbishop of Paris, Marshal Soult, the descendants and connexions ot Napoleon, the old nobility of the Bourbon dy- nasty, all mingle their approbation together in favor of the new and wonderful republic of France. This is, indeed, a most singular fea- ture; and it shows one truth, that under the guidance of his present Holiness, the Catholic clergy have discovered a new principle of trater- nization between catholicity and «lemocracy— between the ancient dogmas of the church, and the new and freshly developed prin~iple of re- publicanism. This great truth and wonderful fact was firet evolved in the United States, and in the progress and discussion among,.the various sects of Christianity, as connected w ith politics, within this republic. Pius the Ninth may have caught the idea during his journeyi ngs on this continent. By the position he has assumed in Europe, he has given a new impulse to the democratic spirit of the age; ‘combining religion with it, in its best and most sensi- ble aspect, without committing the fate of the church to that of mere monarchy. In this respect, such a feature is directly the reverse of the old revolution, in the time of Liuis the Six- teenth. In that period of French history, the clergy and the aristocracy all combined against the new principle of democracy—in this revolu- tion they all unite; and this marks a feeture in its favor, and leads the mind to believe that suc- cess may attend the new French repebdlic in the effort it has made to organize a gov ernment on principles similar to those of this « ouatry. Other singular features have bee n thrown out, and other principles developed, by the new go- vernment. Capital punishment has been abo- lished—abolition of slavery in tk.e French colo- nies is to be proclained—the ut nost liberty of the press has been established: —universal suf- frage to be the corner stone of the republic—all the population to be considered. soldiers, national guards and military—national. workshops are to be established, besides mar.y of her reforms look- ing to the amelioratior, of the working classes, who form the grev,t bulk of the: new republic. These sweer ing views and. -principl*s have in- duced some of our contemporaries in Wall street to dencunce the new republia, as too radical, too repv')lican, and possessing to» :much socialism, or Fourierism, in its elements. We do not look on the new republic from sv,ch a point .of view. Their avowals ond princi: sles, ats developed by the provisional governme nt, do not go beyond the principles which are practised in this and other Northern States of sur Union. By the con- stitution of the United S tates, the slave property of the South is protected. , and the Northern States cannot interfere with) (. the revolution and of « yur government, to which all must adhere. Th ¢ French republic bursts It was the comyact of hose ties, and abolis pes slavery in all its colo- ed to reduce all France to a system of commun: ism of socialism, as intimated in some quarters. It is true the hours of the working classes for labor are reduced; but why should not the work- ing classes be taken care of now, when we have seen the exclusive classes protected for centu- ries past? The establishment of national work shops 13 merely something similar to our alms- houses. All the other sweeping reforms are si- milar to those which exist among ourselves. If the provisional government does not give way to the influence of the mere mob, every thing may be successful. We see no reason, therefore, to denounce the creed of the new republic, as embraciog within its principles any thing like the visions ef Fou- rieriem, communism, or socialism, or looking to the destruction of personal rights or personal property, by setting one class in opposition to the other. We hope that no euch thing may succeed, but that the provisional govern- ment, and the convention which is about to be elected, may preserve them intact from all such fanciful theories as may lead the country into danger or into impracticable purposes. Universal suffrage is one of the principal ele- ments of the new republic. This will bring forth a constituency of nearly seven millions of persons throughout France. A large portion of them, however, cannot read or write, and it will require great discretion and wisdom in the pro- visional government to carry into effect the pur- pose they have in view, with order, decorum, regularity, and peace. The greatest obstacle they will encounter, is that arising from the old office holders of the late royal government.— These comprise about a million of persons, who have monopolised for yeara the honors and of- fices of the country, and fattened on the toil of the millions below them. That there will be attempts at egitation by clubs and coteries, we have no doubt; but we trust that the people of Paris and the large towns have intelligence enough to carry their sober purposes into effect, of creating a self-acting republic, without more insurrections. As might have been expected, the effect of this wondertul revolution has produced terrible con- stecnation in financial circles, and is beginning to create a financial revulsion that will be felt allover Europe. The provisional government has declared its intention, of preserving the late system of taxation in order to meet the interest on the national debt, handed down to them by their royal predecessors. But this is easier said than done. The prostration of financial affairs, and the derangement of commerce incident to | political agitation, will diminish the texes and create a serious deficit in the revenue. The re- sult of this will, in a short time, make it an im- possibility to pay the interest regularly; and so drive them into a species of practical repudia- tion. This will tend, unfortunately, to injure the attsmpt to form a new republic, with a large portion of those connected with financial affairs. The press, also, will be much affected by the new order of things; and a multitude of cheap papers, of all kinds, will be issued from the printing offices. We hope and trust that success may attend the efforts of the French people to elect a conven- tion, and that this convention may be more suc- cessful than the old constituent assembiy. How they mean to accomplish it, we have no data on which to form an opinion ; but we suppose they will draw most of their information and know- ledge on this important point, from the history and progress of the United States. Thus stood the matter at the last accounts from France. This remarkable and wonderful event has already astonished all Eurepe, and produced serious disturbances in many of the large cities of that quarter of the world. The rapidity with which the British goverament acknow- ledged the new republic, is evidence that the old institutions of England are beginning to tremble. We have not the slightest doubt that ths British people will not re- main long in their present oppressed condition, with their high taxes and terrible inequality of property and condition. Spain also is trembling on the verge of revolution; and if revolution should take place there, and a republic be es- tablished, what will become of the island of Cuba? The first thing would be the abolition of slavery there. Aud what a state of things that would produce on our Southern border! On the | Rhine and in the centre of Germany, in Switzer- land, and particularly in Italy, we find nothing but signs of revolution, and preparations for going over the same work which the French have just accomplished. The resignation of Metternich, and the marching of an Austrian army into Italy, are only the beginning of the end in that glorious peninsula. In short, Europe was never in such an exciting and remarkable condition asit isin at this moment. The civilized world has commenced a new race, that has been for some time expected by acute observers ; but it has already outstripped every fancy, and all im- agination, of the most sanguine character. The effect of all this, too, on the United States, and onthe history of the world, will be most mo- mentous and interesting. ‘The procession of American citizens in Paris, indicating respect to the new government, and the intercourse and mutual compliments between the American lega- tion and the same government, are indicative of the position which this great republic, on this side of the Atlantic, will hereafter hold over the imagination and minds of all Europe and the civilized world. One thing may be considered favorable to this attempt to establish a new republic in France, and that is, the success of the last fifty years ex- hibited by the United States. When the old re- publig was attempted in 1792, the American re- public was only in its infancy, and had exhibi- ted none of the details of practice—its adhe- rence to order and peace—that it has done during the last half century. The history of this re- public and this Americanexample, is now before the world, and will afford those who are at the head of the present movement in France, some happy examples to guide them in the attempt to make a similar government for their own coun- try. The new provisional government is, un- doubtedly, in the hands of a sort of modern Gi- rondists—educated, philosophical and accom- plished men. If with these accomplishments, they have wisdom, moderation, firmness, and good sense in conducting their elections, form- ing their new constitution, and in the proceed- ings of their convention, the new republic may yet be a happy thing for France and the world. Eastern Matt.—The mail bringing the letters and papers by the Caledonia, arrived here last evening at an unusually early hour—a little after sixo’clock, P.M. Wehave to thank Messrs. Adams & Co.’s express for the first package of papers that we received. Messrs. Harnden, Gay & Co., and our own special messenger also, brought us papers; our thanks are due to all of them. Tue Steamsuir Wasmineron, which left here on the morning of the 2st ult., arrived at South- ampton on the 7th inetant, and sailed same day for Bremen, Navat.—The U.S ship of-the-line Ohio, 33 days from Rio Janeiro for California, was spo- ken on the 30.h December, in lat 55 248, lon 62 22 W. Polttical Intelligence. Coxnecticut U, 8. Sema’ — The Legislature to be chosen in Convectioat on Tuesday of next week, will have two United States Senators to elect. Vexmort.—Upon an official canvars of the mejority of thir- of ardent spirits, had been given. TELEGRAPHIC INTELLIGENC Collision on the Hudson Rivers Atuany, March 28, 1848, The steamboat Isaac Newton ran into the schooner Fox, of South river, this morning.— The schooner was cutin two, and sunk. Cap- | tain and crew rescued. | No muil west of Rochester. | NEW ¥ om LEGISLATURE, jen: Avnany, March 28, 1843 DAMAGE BY MOTs, Yesterday afternoon, the Senate in committee rejected the bill in relation to siota, The enacting clause was | restored, and the bill ordered to @ third reading by o vote of Il to 20. SAVINGS BANKS, To-dey,Mr. Avrautr reported againct a bill for the formation of a savings ba eA The resolutions rel laid on the table, 15 to 12. SARATOGA AND SACKETT'S HARBOR RAILROAD ‘The Saratoga and Sackett’s Harbor Railroud bill was ordered to a third reading. SPECIAL ORDERS i ‘The anti-rent resolution was made tho special order for Friday ; aleo the bill protecting the rights of married women. Prains. ive to opening canal locke, were | THY GENERAL RAILWAY ACT. Tho Senate receded from is amendments to the bill amending the general railway act So the bill ispasred. PRACTICE AND PLEADINGS ‘The Dill relative to practice and pleading, was agsin taken up. ‘The vote establishing county courts waa reconsidered —ayes 16, pays 6—and the amendmont proporing their establishment rejected. The bi!l war then ordered to a third reading. Assembly, BENEVOLENT ASSOCIATIONS, Yesterday afternoon, the bill relative to charitable and be t associations, was taken up. OAD MATTERS To-dey, Mr. Urna' ported favorably on tho bill, as amended by the Senate, in relation to existing railways. Tho House refused to consider it ‘The Houge bill to repeal the perronal liability clause of the general railwoy bill, as a; ble to existing rail- up. amendment propored the repeal of the porsonal liability clause, both as regards new as well os existing railways. To reduce the ci takill Bank; relative to the Quarantii i York; to alter the commisetoner’s map of Brooklyn; toamend the Plonk Road act, (limiting amount of detts to 50 per cent of capital, beyond which the atookholders are to be perfon- ally liable.) REJECTED To repeal the act of December. 1847, relative to jurors in New York; to incorporate the American Theatrical Fand Society—a motion was made to reconsider th vote by which this bill was lost, but it was laid on the table. The bill for the organization of Charitable, Benevolent and Missionary Associations, was also lost, and a motion to reconsider laid on the table Markets, Boston, March 28th.—Tho steamer’s news has had the effect of stiff-ning prices, without producing advances in breadstuifs. Sales were moderate. 400 bbls of Ge- neseo, Michigan and other Western biands. Fiour, in lote, were rold at $6 8736 | $5. Corn—Sales of 4,000 bushels were made, including white and yellow, at $56 o 580. Oats—Sales ef 2,000 bushels were made at 500 Provisions remained about the same. There was 0. thing of moment doing in Freights. Meetings in favor of the French Revolution, There was a very enthusiastic meeting of Americans, ‘appointing a committee to unite with other committees in making a grand demonstration in this city, on the re- sult of the recent French revolution in Paris. We regret very much that the pressure on our columns is so great that w. eluctantly compelled to make our report of the meeting much shorter than we intended. The ut- most enthusiasm prevai nd several capital speeches were made on the occasion. But en pervade those assembled, and that was of rejoicing over the brilliant event which called them together. There is every prospect that the general demonstration soon to be bold will bo the most Kmposing thing of the kind that has ever taken place in New York The meeting at the Shakspeare Hotel, to adopt mea- nd, Great Britain, Iast evening. France, Poland, Ir represented ‘on the occasion. A grand demonstration will take place in the Park, on Mondsy evening next, at 4 Vibe The Mayor it is expected will preside on the occasion. Theatrical and Musical. Travian Orena.—The Concert held last evening at the Tabernacle, in presence of an immense end brilliant audience, afforded incontrovertible proof of the lofty ap- preciation in which the highost sphere of artistic excel- lence isheld. The programme exhibited @ fine selec- tion. Aftera splendid overture,{the first duet “Furloso”’ was given by Sigaori Avignone and Sanquirico, whose voices, rich and large in compass, were well illustrated and whose performances elicited gratified applauro, In the duet “William Tell,” Signori Arnoldi, Benevantano and Rosi gave unexceptionable impersonations,imparting to every tone a passionate and thrillingemphasis. Sig- nora Biscacclanti, in “ Cavatina of Beatrice di Tends,” made a splendid effort. From want of sufficient confl- denoe, her voice at the first was trembling and subdued but its eloquent and sweet tones quickly triumphed’ The feeling produced by them waa the dosire to hear them again. In the quartetta, her voice, like @ superior harmony, d overall. The second part of the co cert, distinguished by pieces bsantifal in conception and exquisitely beautiful in music, exhibited that perfeotion whioh the excellence of those engaged had ensurad. Signorinas Amelie Patti was well received, and the accomplished Biscaccianti in the cavatina, gained all the admiration and applause the audience could of- fer. On completion of her part, she was again called on, and even after acquiescense, aliowed with regret to retire. This mognitieent concert was closed by the Marseilles Hymn, in which the entire company took We never heard it more exquisitely sung Its sublime and impetuous strain produced an effect which we know not whether most to accord to Inte events, or the unrivalled excellence of tho repetition Owing to the illness of several individuals who bad beon announced, the programme was considerably departed from. Bowesy Tueatre —There is no theatre like the Bowery in the onterpriso and skill with which new dremas, complete in scenery and personfleation, are brought out with a traly astonishing quickness upon the historic events of the day. Cuatnast Treatne —The rainy weather last evening: was ecmewhat unfavorable for theatre goers; still the Chatham was quite well filled, and the performances gave universal satisfaction. Cunisty’s MinstRets.—The six musicians who com- pose this band. ares whole host in themselves —they darkies like them only can ting they dance like fairies, and take thom all in all, they are what the public has long ego pronounced them—imimitablo. Sante Brotuers—Tho bump of darky minatrelsy, rongly developed in the members of this bacd, and the folks are flading it ou!, os tbeir room is crowded nightly. Baoapwar Opxon —Serio-comio pictures, singing, Greotan exercises, &o., are the chief ammusemonts ut this house, and give great satisfaction. Dioramas.—The moving and mechaszioal dioramas of the battles in Mexico, the preparation of which i cit- ing co much attention in Philadelphia, are from drafts taken on the spot by Messrs Deaves, Jones and others, artists of eoms celebrity, who were attached to the Pennsylvania regiments. ' They combine scenic, artiati- cal and mechanical powers that must excite great admi- ration, and are highly creditable to the city which ori- ginates them. City Intelligence. Democaatic Mavonatity Conrention.—This body met at Tammany Hall, last night, pursuast to sdjourn- ment, but without sucerss in meking a nomination. The principal persons were Mosers. Cillinder, Have- moyer and Cisoo, to each of whom their friends strongly adhered. There were fourteen ballo!s, and the highest number of votes was received by Mr. Havemeyer, on the seventh ballot, which was eighteen, notwithsianding which, the general impression seems to he that Mr. Gii- lender will get the nomination. At twelve o’clock the convention adjourned until Thursday evening. =Tur leasc Newron.—This monster stenmer—this georgeous palace, the wonder of the age, which eclipses in elegance and costly magnificence evory thing built, or and inflaentlal gentleman of this city, whose name she bears, commenced her reguler trips on Monday night for Albany, from the foot of Courilandt street. She was filled with passencers, looked well—even better than the first made her appearace . Sbs has the smo last year, W. H. Peck, Esq , commander, guaranty to the public that she will be the hat she was lestjronson The Oregon,Capt. St. left on her first trip last night, forming in connection with the Isaac Newton, a magnificent line between Alba- ny and New York, running through direct. Tue Farxcn Revorution —The news by the Cale donia had a very great effect upon the Eurcpean popula tion of the bee and every face wore a simile of joy and at the news. The flags of the principal an thore of the public buildings, wore in token of the approbation ot the city, for the success ofa republic in France, French houses were beautifully illu- 0 At night all th minated, Tue Catepowta’s Matts--Quick Worx --By spe- stor of this oity was induced to | maile at @ jate hour last night, of the city who have vitel ‘The front of the office was crowded, | served, The | interests in and hundreds pressed hard to be fir mail arrived at 7 o'clook, and 10,300 le were sorted, | weighed, marked, distributed and delivered, besides (ho newspaper mail, whick was rerved to the prersin the ahort space of three and « quarter hoors from the time ths mailarrived. The marking, weighing, aud assort- | ing of the letters should have been done in Borton ASatuTe To Frasce —Itia understood that a salute | of one hundred guns in Ronor of ths successfal revolution in France. Amen named George Aregood, who od!ained $1 350 under false pretences, from Jacob Hersey, of Dayton. O , was arrested Jast Saturday night in Baltimore, upon in- formation sOmmunicated the day before by telegrapb, feom the police of Wheeling, last evening, held at Lafayette Hall, for the purpose of sures to hold a meeting in the Park, was well attended, Germeny, Switzerland, America, and other nations were dreamt of in the shape of a steamboat, built by a wealthy | 8 complsint inate by cfloer B.yn agslast Mr. Will'am Simpson, ce ° lof Broome Street and Bowery, charging hice cigs allow arch warrant Lo be served on his premises. Yesterday the who.e matter was inventizated before Justice Drinker, when Mr. Simapron proved to the satiefaction of the magistrate that bo reristanee had been made by Mr. Simpson to defeat the ends of justics: but, further, that the cflicer waa informed at the time when ho applied for the erticles which were pawned for $250, that they were takrn out the second day after they were pawned, and shown the book to that ¢ff-ct, therefore it was useless to search the premises. Upon thean fucts been olearly shown, the charge was honorably dismissed agaiost Mr. Simpson A Dishone Slerk ~ Assistant Captsin Chenceilor, of the 2d ward, arrested yesterday a young men by the name of Charles Gaylord. a clerk in the employ cf Fre- derick J. Bearns, of No. 43 Ann street, ou # charge af embezaling $60 and upwards frém his employer. Jus- tice Drinker locked him up for trial, —-—— Honeaty Is the best p iT “y—_Mr, Editor; chool, by giving Ww seiti rom the Kvening Post, eilibg anicstance of subl ismteresied horesty in a young clerk, depeudeut on hia good charseter tor # hi 4 and fiesonce more to ally H wog clerks that after all how: the best % 3 desrrves ty be noticed. ot of respectability, in Pearl dropped f ot stree!, while passing the all street, yeaverda hir pocket book, e« any valuable notesand a eash check of nearly $100) aving my ro opporunity of f you willeall ats of im) 0 Sach honest promptitade deman he: mendation. It isunderstood that Mr. Kugene Da'y isa clerk in the este b on & Co, and it gives us great wn handsome rein lishment of Meswa. Joha Wi pleasure to say, that we this oe neravion for honesty, in the shape of a checie, enclose, aud directed to the worthy young gen/lemau. Clerks of New York, should any incident of the like kivd cecur to you. go and do likewise, Such eximples of intevrity and sterling honesty never fail to be rememvered. JUSTITIA. “ Preserve and regu'ste, not destroy,” Is a political motto; but it will do very well forthe heir, Some tend to preserve, others to destroy this ornament i < the > o purifier and b petition behind. Sold a db fi ‘on's, Gi Broadway, aud u wn and country, Whoiesale Printsellers— st. Oxford st., London, 1ONY, Agent. $1 Rue 4 247 Broadw Gold Pens Chevper than the Ch Country merehants and orbers deal or Silver Fea aad Feneil Cases, will 0 much to their nate- Test to exemine the assortmens of Beers & Clark, 25 John at {ap siains,) before purchasirg elsewhere, Chey ean here (and [ leun at what extremely iow prices good article ‘Their prices are reduced 4 own make, they keep the p country, at tesale or ret exchange gold pers. Woarran' vantages in puichasin 71 Cedar street, (oue do f their own aud all the poor or rejec akers. sts come eff of warranted per onesare givenin their places without eharge. If youbuy a pen of them aud it does not suitthey will exchacge it. Thei prices are lower for a good artreie than any other hous thetrade. Gold pens and cases repaired y Dinmond Pom: Pens—“Richiiteu’: againt the world ! refreshing to witness the sigaal a cess of this magnificent pen, ‘The history of the gold pen cords nothing which equals the achievements of the Rie! eu We have just orot 1m size, befor which the $4 aud $5 pens kt e toys. Remember, the * Kiehi om ‘are soldexclusively by DB. in & Co 45 Willism at, and J. Y- Savage, 92 Fulton Vagly’s pens, by the gross or dozen, at Manufactarei’s prices. Points repaired. Moorhead’s Graduated Magnetic Machines. Each instrument is compactiy arranged with the Battery and all necessaiy appliances. aud put up in neat black walnut boxes. Accompanying each isa new Ma y aud simple disection use and applica Any person of ordinary this machine, as everything Beware of imitations s nufaeturer, D. C. MOOR- Karding it is peifectiy under virions names. HEAD, 182 Broadway Electro Magnetic Machines for Medical Us —These instrumeuts are simple in construction; are aot Ii to getoutof order; are the cheapest to keep operate with a regularity far aurpasting any ulated at the wil! of the operator w produ inte: hock ‘Lhe battery is always clean and ready for use end requires any scraping or clesning. Manufacture by JOHN KOACKH, Upticnan, 82 Nassau street, New York. We desire to infurm Strangers and C! that the only place to obtain Dr. Christie’s Geunive Galvanic and Magaetic Cusntives, is at 182 Brosdway. His country rs are requested to give their orders at as early adare Je, s0 that they may not be disappointed. 1 celebrated curati tice oftwo or three day L can be packed. Particular shippins accompany orders from the country: Ouly York, D.C. MOORH#AD, 182 Broadway. Portable Shaving CascsOf the Subseri- bers’ own manufacture, which, inmany respects, surpass ported. ‘They are'finished in the most tasteful some being richly @ bossed, and contain all that is neces: sary fox the tovet of fastidions. G. SAUNDERS & BON, 177 and 387 Flae Cutlery.—Comprising Over 200 Dif- ferent patterns, of the manufacture of J.“ odgers & Bons, Wostenholm, Crooke & Co, ¥itha comple variety of seis- oot and gaiter hoo! weezers, bail mippers, &e., be- longing to the toilet. fiaxots ground aod set, and cutlery re- paired, at G8. 8 & ©ON’S, 177 and 387 Broadway. Agel Hints on the Halr—What foltage 0 th tree or tencrils nnd clusters are to the vine—the hair is to the head of man or bobingr) Te may not iuappropriately be termed ‘athrone When it is gore, come - brilliant eve set 1mm bald head, be the amb 0 but beware of the ainbuscade when he amid Jurarisct ringlets. Love then, who ™ cainp, the court, the grove. baldness. but Pardoner me ‘Whea fest, or partly tine beauty, by au early apy In Jike menuer gieyness may b druff ersdieated by its tse. ‘There ix no 6 for any of these crawbacks on beauty aud comfort, while BARRY’S Eeeorieos eon be be us ht for 25 cents, by the single bottle. r COMMERCIAL AFFAIRS, MONEY MARKET, Tuesday, March 28.6 P.M. ‘Wall etreet was ia a perfect ferment to day. The news from Europa has completely unastiled business, and such is the excitement that it will require a dey or twoto ena- ble those interested to tako a calm and careful view of things. The advices, in 9 political point of view, are of the most vital importance, as much ro as any ever re- ovived from the other side of the Atlantic, upon matters in which we are not directly interested. We can hardly form any idea at present of the probable effect of tho political movements in Europe, upon fivencial and com- mereinl affairs in this country. There is no doubt but that our French merchants, and all those connected with France commerciaily, will be serioasly embarrassed in their business matters; and we should not be surprised if many failures took place within tho next three months. ‘Trade throughout the Continent will be reriously inter- rupted, and sroyvulsiou, more alarming than that rea- Lzed at the close of 1847, will, without doubt, be the re- salt of the political revolution. It will require months before the political affairs of France become settled, and even aftera form of government has been deter- mined upon by the French poople, and order reigns again in Paris and in the republio, the unsettled of the rest of Europe willfor a long time prevent a re-es- tablishment of public comfdence, and the financial af- fsirs of Europe will contioue more or less deranged, to the destruction of trade and private credit. We shall fuel tho effect of this in a restricted export trade, inre- ducéd prices for our great staplo productions, and in an external demand for specie; and unless our import trade experiences a correrponding reduction, we shail be riously embarrassed in our fiaaaces The revolution ia France, in 1830, had a very unfavorable effect upon our | export trade with that country. Although the revolu- | tion lasted but threa days, and then settled down at ‘once into a permanent government, without any impor- tant changes in its form, our exports to France tho fol- lowing yoar fell of nearly fifty porecent. If such was the effect of a partial change in the government in 1830, we can form some idoa of tho effect of such a thorough snd complete rovolation as has taken place in France within the past month, Ja 1830, the revolutioh did not | extend itself much into the neighboring countries; now | neatly every country in Europe is moro or less affeotot | by the movements in Francs, and evea if the people | ave restrained by concestions from an open hostility by such changes as will bo mado in tho administration of me- narcbial power, It will weakon the thrones of princes and strengthen the people in their position, Revolu~ tiona never go backward, isan old adage, and a true one. if success fails to crown the first effort, it doos not de- stroy the spirit, which ‘is merely smothered ond must find vent again. ‘The French aro better prepared for a republican form of goveroment than any other nation in Europe, and it will be many years before more than one extensive republic existe ia the old world, France will, however, exert a wonderful {nfluence, and her ox- ample will stimulate the people in every part of Enrope, and prevent thoir falling back again into hopeless de- pression. The whole world will be benefitted by the progress France bas made in establishing the only perfect form of goverament|; and if other nations sround her are not yet prepared for such a change, their rights will be more respected, their privileges increased, thelr burdens lightened, and theit cenditicn improved in muny ways, The monarsha cf Kurope have learned be fired to-day. at 12 o'clock; | som this th t there is a limit to forbearance, and they will be very carefal how they arouse that spitit which im France has sent » powerful king flying from bis country in disguise, atthe risk of life and limb—which han seat~ tered the royal family, as a hawk scatters® brood of obickens.