The New York Herald Newspaper, March 11, 1849, Page 1

THE NEW YORK HERALD. NO. 5392 cieaaanaaal SUNDAY MORNING, MARCH Ii, 1849. THE DETA LS OF THE NEW RECEIVED BY THE STEAMSHIP AMERICA. TWO WEEKS LATER FROM ALL PARTS OF EUROPE. THE FOREIGN CORRESPONDENCE OF THE NAW YORE HERALD. Sc. Re. dee The mails of the Amenca reached this city early yesterday morning. Our despatches came in hem. . ‘The steamship Canada, hence, arrived at Liver pool in 12 days. The packet ship Montezuma in 17 days, the Henry Clay in 16 days, and the Sheridan in 20 days, had all arrived at Liverpool. Our Liverpool Corresponde: Lonpon, Friday Evening, Feb. 23, 1849. The Proc.edings in Parliament—A Libel Case-- Arbitratum vs. War—Puseytsm— Theatricals— Sporting— Cholera Again— Money and Railway Markets, &c., §¢., &. The proceedings in Parliament, at this period ef the session, although not particularly important, have been invested with some little interest. De- bates upon Ceylon and British Guiana have led to inquiries whether better management could not, in future, be introduced for the benefit of those places. The niggardly grant of £50,000 for the immediate reliet of Ireland, has very naturally been the main topic of discussion during the week. Some obstinate members wished to have it voted only asa loan—others did not wish to give it, under any eircumstences ; but now the subjeet may be considered as virtually settled, aithough there are some formal stages to be gone througa betore the matter can be finally arranged. It may do very well for present emergencies to award grants ot mopey; but Ireland will never recover itself uatil the Juarge laudholders jive on theirestates. Ab- senteciem ig the primary source of the poverty and misery ut the country, from which very naturally #prings the yoor law system, with its attendant de- gradations, It is really palatal to read the ae- counts that are Say tase jing London from this unhappy island. ther an important bill has been laid before Parliament. It 1s to sweep away the absurd privileges enjored by insolvent mem- bers of the House of Commons. At present a member of Parhament cannot be arrested while the House is eittmg, a statute which has ven rise to many abuses. There is no doubt But that the custom will be aone away with, and Tepresentatives of the people be made liable tor their just debte, in the same manner as other per- sone. The House has gone into committee tor the purpose of repealing the navigation laws. It is oposed to remove all restrictions upon the three Tonowmng clauses in the vresent act, viz: those which telate to carrying on the trade, to the long voyage trade, and the lawe . regulate the registration ‘of ships and seamen, so as to allow the British ship owner een, his ships trom foreign ship builders, and likewise to abolish the obligation to have a certain number of appren- ces. The second reading of the bill is fixed for the 6th of March, by which time it is hoped that replies will have been received by our goverament from those countries to whom application nas been made, to know what course they would pursue should Englund repeai the navigation laws. There is some opposition to the measure, but not sufli- cient to endanger the passing the modified arrangé- ments, The above i summary of the pal Mentary proceedin: ince the departure of the last eteamer, with the exception of several notices of motions that have been laid ne the table, rela- tive to universal suffrage, the ballot, capital pumish- mnt, &c , the consideration of which will doubt- less be at an early period of the session. Th? House of Commons has gone inte committee on the Jew’sh disabilities bill. Everybody 18 alive to The result of @ verdict gavep & day or t¥* clnce in the court of Exchequer, in favor ot Mr. Wakley, the member for Finsbury, who 18 a'so Coroner for Middiesex, and editor of the Lancet newspaper. Mauy of your readers may perhaps remember that a few months ago a soldier named White, belong- ing to one of the Hussar regiments, died almost immediately atter a severe flogeing he received by order of the commanding officer at hounslow. An inquest was necessarily held on the body, and Mr. Wakley, in his capacity of coroner, addressed the jury, st retareed @ verdict of censure on the flogging system. The cota of the eeasices Times Mr. Healey) commented in very severe language Me the method in which the Coroner had charged the jurv, and asserted that Mr. Wakley could not live without popularity, and that he pandered to the vulgar taste by making democratic speeches. In pursuance ot this, an action for libel was laid against the Medtcal Temes, and Mr. Wakley has sbeained £350 damages. The subject has inte- rested many paities thus far. Mr. Wakleyisa most indefatigab!e coroner, as well as being a man of ultra-liberal politics. He has theretore gained the favor of a very large portion of the peaple of the metropolis, who very reasonably awaited the ixsue a this legal contest with some feelings ap- reaching to anxiety. ¥ A ari ot iectingy are being convened through- out London, to bring forward betore the public the advantages of a system of arbitration over the practice of war. The notion was (as I intormed you long since) one of Mr. Cobden’s—or at least he suggested an immediate consideration of the question to the Eoghish. [Che persons who are at the head of this agitation are chiefly members of the Society of Friends, many of them being con- neeted with the associations for the abolitioa of cayital punishment. How their new movement wili succeed 18 of course open to conjecture. The manner in which they have set about the agitation betrays no want either ot fends orenergy. The plen would unquestionably be an economic one, could st be brought rte general use, besides beiag more humace and Christan. The Bishop of Exeter has completely confounded tome of his sanctimomous rishroners. It ap- pears that in his diocese he established a convent of Sisters of Merey, to which establishment his Revererd Lordship patd a visit last week. Alter iueyecting the atrangements of the place, and being made acquainted with the duties of the Sisters of Charity, the Bishop expreesed himself in twrme of high adavration ot their conduct, and termed the Superior an “angelic woman.” As this was a portion of a epeech made betore the public, a few of the red-hot evangelieal persuasion freee, laughed, and made a most discordant noise. The bi-oted inhabitants of Exeter vow they will petition the Archbishop ot Canterbury, and altogether the diocese ig in a most perturbed stare. There are in England many establishments ot Sisters of Mercy thut these sanctimonious hypo- eritex would do well to foliow in their really cha- ritable practices. Without ostentation they pursue their calling, relieve the poor and sick, as well as other matters of suse! wood; yet the people of Exeter are positively wild that there should be such an establishinent in the diocese. It savora stropuly ot the dog and manger fable, They will neither do good themselyes nor permit others. ‘The priaciple ot economy has not only imsinu- ated Meelt into matters relating to the united eer- vice, but has peered its way into time itselt. A tacit arrangement has been made by the members of Parliament, that nove shal! speak more than an heur. This new reguation, in addition to causing much merriment amoug many people, 18 a source of considerable anxiety to eeveral geotie- men who have been in the practice of enlightening the Honse for a aeres of nninterrupted hours The newspapers have resolved te condense the long speeches, and there is quite a cevolution amongst the long-winded orators. ‘Eust I: dia Company have raised Captain Waghorn’s pensiva frou one tw two huadred pounds 4 year, in conaideration of his distinguished services in faciitating the mtereourse between thie emvatry and iodia Toe Captain has unquestion- ably been of important nse v0 the company, and it as bot an net of justice that his labors should be re~ werded & mmensurate with their value. The Acadia and Britanaia have undergone con- + siderable alterations, to rake them verviceuble a8 war steamers, in the German oavy. One of the saloons in cach bas been entirely romoved, 60 that they are now flueh tere and att, and, of course, betier acconmedated for working guos than before. The caunon they are intendrd to carry will be of the heaviest metal. The Sheridan packet chip arrived at Liverpool trem New York, on Friday, the 16th instant, with advices to the 27th ult. The intelligence she has brought from the United Stat is not considered very impor- tant. The Canada arrived on Sunday night. A sonr/e was given, last week , at the Whittington Cibuto Mesers. Louis Blanc and Caussidiere. It was more 8 private than a public entertainment, and the party was almost exelusively made up of that class of persons who are known in France as socialists and communists. On this being made publica day or two after in the Papers, the Secretary ot the Clul rave a distinct denial that the banquet was of a po- itical cast, and particularly specified that it was neither the intention nor the wish of the members of the Whittington to identify themselves with either of the political sections alluded to. This x declaration is repacteg to have caused consi derable annoyance to Louis Blancand Causa who very naturally regarded. the invitation in tl light of a sympathetic feeling with their political opinions, and not as a private party. The Bath baer chase has been run for, but was a oa dull affair. No horses of note were | emtered, tl | select. The Chester cup and the Liverpool steeple \el are the races that are exciting the interest of the sporting world. The entries are very large for both, and they are generally the crack events of the spring season. . i The theatrical circles are beginning to be a lit- tle more lively than they have been for the past week or two. At many of the houses the Christ- mas spectacles have been withdrawn, al at the tigalenincte| Lyceum, and Princese’s, they are, sull continued. Sheridan Knowles’ play of “Love” has been produced at the Marylebone, rome and ‘heir reading of the characters their pertormances. Banvard’s Panorama in- creases, rather than diminishes, in attraction; and the proprietor has issued an advertisement statin; that a party of Americans have sgiled tor Englani with a picture which they aseert to be the origi- nal, and cautioning the public against the decep- tion, He need not much fear rivalry on this score, for the merit of his paimting has been discovered, and liberally kein! yin The gallery where 1t is exlnbited 1s crowded, and there are two per- formances (if 1 may term them so) daily, The Queen went, with her suite to the Lyceum last week, to witness the pieces at this house. Charles Matthews played im one or two of his most attrac- tive characters, but Madame Vestris was pre- vented by allness from appearing. This_ is the first ‘time her Majesty has been to this theatre, as the only minor house she has pa- tronized has been the Haymarket. At the latter place, ‘ Othello” is announced for im- mediate representation. James Wallack plays the Moor; Charles Kean, Iago; his wite Emilia, and Mies Laura Addison, an actrees of considerable talent, will take the character of Desdemona — The cast 1s very powerful, and will be sure to draw. The arrangements about the Opera houses are entirely changed trom what was laid down a few months 280 5 they will shortly open upon the eame plan as last year. Delafield and Webster will etill have an expe ve company tor Covent Garden, and severul additions and importations trom the Continent will be made, and open on the 10th of March. The Jawsuit thy has lately taken lace .between these he company was neither large nor | with Mrs. Mowatt and Mr. Davenport as the he- | is excellent, and the press speaks very highly of | | vows ferat de bonnes finances.” To those who have not paid attention to the oscillations of the Bourse, who have not reflected on the intimate alliance that exists between it and events accom- plished in another, sphere, this “mot” explains the extreme sensibility ot credit to all the phases ot the political world. Internally the condition of France has gamed much during the last two menths. A government 18 constituted. It has not yet been so consolidated as fully to bring back employment, prosperity, the increase of income, the equilibrium of the migcte-elt results.of a wise and strong government—but it has driven away trom the minds of the people all fear of socialism and bankruptey; it has pone and maintained order, and restored confidence in the future. Our geen present difficulty is the solution of the italian. queation, so big with intestine war and foreign intervention. Foreigners, who often discover better the game ot their neighbours than their own, have not failed toseize the opportunity afforded by the improve- ment in the state of our affairs, and have bought lately Jatealy into our funds. Holland and Eng- land have Itierally swept off our rentes. We thin these are purchases for investment, for it 18 not probable, as it has been assested, that they are merely poping. with a view to profit by the divi- dend on the Fives becoming due on 7th March. | The dividend may be an inducement, it is trae; | but co large amounts ure not frequently put in ha- zard for so small a profit. The capitalists on the | other side of tne Channel and the Rhine must have ' been struck at the low pace of our funds, as com- pared with those of other countries, and have no doubt been decided to avail themselves of it since | the full adoption of the propositions of M. Lanjui- nais fer the dissolution of the National Assembly, and the defeat of all the projects of the Moatag- nards to stifle or render it abortive. Another proot of, the return of contidence is to be tound in this fact:—Within a few day ze amounts of Treasury bons have been taken at 54 per cent. for three months, and 6 per cent. for six monthe. It this should be centinued, the Trea- sury will be able to reduce the rate of interest on these bons. Bank shares have been much in demand, and have risen considerably; although the weekly ba- lance sheets do net show any increase in commer- cial discounts. It has been seen that the Baok is taking active measures to resume cash paymenta, by reetricting its issues and continually augment- ing cit; and it has even been suid that it wus only waiting to adopt this measure, tor the payment of the half-yearly dividend on the five per cents, in March, or at least until it could ob- tain the amount that would be demanded ot it by the government fer that purpose. On the whole, I may sately say that our financial situation is improving. é ae following are the prices for the last fort- night :— entlemen and Roger, the ‘yench tencr, will, I fear, drive the latter from them The old Italian Opera House will number, amongst its forces Jenny Lind, who is announced to play a round of her characters in May. She will be married very shortly toa Mr. Harris thenephew ot Mr. Grole, the banker. In addition to her ser- vices, some eminent professionals have accepted engagements, and, altogether, the ensuing season promises to be a brilliant one. ,Professor Risley and his son, who have lately visited the United’ States, are Te-commencing a eeries of perlormances. Report speaks highly of a young equestrian they have brought from Ame- Tica. A most shocking accident happened on Satur- day, atthe Dunlap street ‘Theatre, in Glasgow. During the performance of the “Surrender ef Ca- Tare,” an alarm of fire was raised, and the contu- sion became so general jong the occupants of the gallery, that yn the rush to eseape, 61 persons were czushed to glegth: The theatre was unin- joréc—it being merely a slight escape of gas that caused the commotion, which ignited, on a piece of lighted paper being dropped close to the hole in the Pipe. Everything that could possibly be ef- tected to alleviate the sufferings of the poor crea- tures, was done by Mr. Alexander, the manager, to whom no blame is attributable for the 8au dis- acter, The trial of the man named Rush, who stands committed on the verdict given at the coroner’s inquest for the murder of Jermy, at Stanfield Hall, will be likely to take place in about a month. No farther discoveries have been made in the case.— Emily James, the housekeeper ot the accused, has given birth to a daughter in the Norwich prison. J regret to say that the cholera is not diminish- Ing 1n its ravages. The official returns of the 22nd inst., give in one day 174 additional cases, 67 of which have been fatal, 80 have recovered, and the remainder aré under medical treatment. A considerable rise has taken place in the prices of coneols since the departure of the last steamer, but within the last few days quotations have been lower. The funds are steady thie afternoon at 933 to}. Railway shares have undergone precisely the same process, but the value of shares is now pretty fair and just for both buyers and sellers. Gur Liverpool Correspondence, ‘ Lrvgrpoon, Feb. 9, 1849. The Commencement of Operations Under the Postal Treaty, a Fuilure. It is to be regretted that after a successful termi- nation of the postal difficulties between the two countries, the public should be so long deprived of its benefits. It has now been nearly two months mince the treaty was signed at London, and sent to the United States for ratification. This having been done, 1t was tent back to this country to receive the finishing stroke of the contracting parties, by a formal exchange of ratifications ; this being done, nothing remained but to fix upon the mode of keep- ing accounts between thetwo countries. The ope- ration of making up the mail under the treaty, was eommenced in New York, for the last steamer which lett Boston, Whether it was done accord- ingto the directions of Cave Johuson we have no means of knowing; but, judging from the tough-and-tumble Tammany Hall way in which the mails were made up, and the condition in which they were received at the Liverpool post office, we should say they e. Mr. Morris un- doubtedly supposed thet his acts would be recog- nised by the post office authorities on this side— that letters and other mailable matter, pre-paid in New York, would be delivered without further charge. But euch was not the case. All pre-pay- ments meade at the New York city post office were disregarded, and one shilling collected upon each single letter on this side, as heretofore. lunderstand, however, had any thing systematic been adopted in making up the mails, by which any sort ofa check, or any means afforded, by which the amount of postage collected at New Yerk could have been aecertuined, the post office authorities here would have recognized the act. Mr. Bourne, one ot the superintending Presidents ot the London post office, came dowa by direeuon of Col. Maberly, betore the arrival of the last steamer, (0 be here to see the condition in which the mails were received, 1m anticipation of finding them mae neces hs eye me Paeiee goes outby the Europa, for the purpose of arranging, with "the pest office authorities of the Unite Stutee, the plan ot keeping the accounts between the two governments. | . , The plan to be submitted for adoption will not be likely to meet the approbation ot Major Hobbie, on account of its being too complicated. Our French Correspondence. Panis, Feb. 22, 1849. The Bourse and Money Market. The confidence which was exhibited in all transactions, in consequence of the vote of the National Assembly, would seem sufficient to ex- plain the extraordinary rise in the market ; it 1, however, to be attributed in part to the position taken by eeveral large speculators since the end ot January ; but although the manmavres, the ca- prices of the Bourse, and the combinations, more or lees ehilful, of capitalists enabled to control quotaticns, mast be admitted to have been‘a partial, 't is net the only cause of the state of things which ieexhibited. It is in some measure to be attri- buted, doubtlese, to the emelicraticn of our political rituation since thé election of the President, to the wite avd fair conduct of the ministry, and above all to the termination of the conflict which for a ume threatened to continue in antagonism be- tween the two great powers of the State. The Beursé has pot forgouen the “ mot” of Baron Lows. Tues moi de ba bowne poltirgue et , Sp.ct, Sp.ct, Bank loan. Shaves. 1145 «1790 (1780 7860 ©7840 1790 7875 = 78 66 = «1700 79 65 79 55 1800 8010 8005 =—-1825 80 10 — 1880 $2.00 _ 1870 8060 8040 1845 81 55 81 40 1860 8240 ©8380 = 1920 8199 8200 1970 81 60 — 2000 Panis, Feb. 22nd, 1819, The Throes of the National Assembly—The Efforts to Prevent tts Dissolution—The Balls of the Pres- ident—Thew Social Complexton— Morals of the National Assembly, §c., §c. Allthat Ihave prepared you to expect in my correspordence, for the last #1x weeks, is now in rapid progress of fulfilment. ‘The reaction 1s ram- pant—the pure republicans of the vele are in des- pair. Within the last fortnight they have made desperate struggles. Repugnantas are the senti- ments of the sincere and philosophic republicans of the Natsonal for the red men of the Reforme, and the socialists and communists of the Demo- cratic Pacifique and La Republique, they have co- alesced 12 the common struggle against the mo- narchicel or imperial reaction! but iuey D272 9 yet struggled in vain. The great point was to pro- tract the power of the present assembly, and to Postpone the elections, ‘You will have seen by the reports of the proceed - ings of the Aesembly, that nct{means were neglect- de no expedients that parliamentary ingenuity could suggest were lett untried, to accomplish this. Yet why, will you ask, was it not easily effected, since Its notorious that the sincere Tepublican party have a majority in the Assemply? The an- swer, however, 1s obvious. _ Their majority in the Assembly dare notact. It is controlled by an infinitely more formidable ma- jority outside the walls of the Assembly ; a majori- ty which has been constantly on the increase since last June. This reactionary majority has always been immense in the de; ents, and latterly it 'n into formidable importance, even in the din the capital. The miserable state of prostration to which commerce hes been reduced, 18, whether justly or not, universally laid to the charge of the republic. it has been assumed that if there had been merely a change of dynasty, or even a transition to the empire, confidence would have been maintained, public credit would have been supported, the Bourse would’have acquiesced, the high finance would have been in some measure eatitfied, strangers would not have fied, and mcney weuld not have been locked up. That these eflects, thus imputed to the republie, are greatly ex- eggerated, no well-informed person can doubt, but that exaggeration 1s the inevitable result of the situation of the republic, and like individuals, must sufler the consequences of its position. 3 The prevent Ministry, which, as I have explained to you in former letters, 18 eminently reactionary, maintains its ground triumphantly, and is now considered as having obtained a lease of office, at least until the convocation of the new Assembly. Although the decree which has been adopted by the Assembly does not fix specifically the day for the general election and for the convocation of the new Aseembly, still the conditions which have been fixed are sufficiently definite to enable us to say with certainty that the functions of the present Assembly will cea the new Assem- § Es ny will be convoked, on or about the 7th of May. 18 state of things ‘has already in a great mea- ture paralyzed the present Assembly. It can scarce- ly be considered now wget bay be agency. All its votes are delivered with the fear of the ap- proeching elections before its bp Ae The question which representatives ask themselves, is not whether this or that measure is right or wrong, beneficial or pernicious, but how the vote they are about to give will affect their return in the next legislative Assembly. A Jarge portion abstai. together frem the sessions; and although they can- not depart tron: Pare, numbers find innumerable excuses for absence during the day. The benches are conerquently in general empty, and it 18 with some difficulty that the requisite number 1s brought together to give validity to the votes. Congé’s are demanded in immense numbers on every imagina- ble pretext, the real parpons being of course to al- Jow members to go to their respective departments for electioneering pur; A proposition has juet been presented to the mobly, having tor its Object to limit these congé’s and only to grant them when special and sufficient motives shall be Jaid before the houge. It will, however, be diffi- cult to carry this into effect, and it 1s not improba- ble that before the term assigned to its existence, the Assembly will tall into a state of torper. Amonget the indications of the state of public cpinron, one was presented last week, which is worth notice. The President of the Republic has announced a eerics ef balls to be given at the Elysée Bourbon. The first of these took place on ‘ey Jast, and was one of the most brilliant Poris bas tor some time witneesed, distinguished esit war no less by ificence than by the goed taste which pr tthis fete. Of Parisian eociety ttered as it has been by political storms, end mode to eufler so cruelly as it hes done during the port year, but few members were present; but the few were of the more inguished class. The National Asrembly, diplomacy, magistracy, potions) gnord, army, sciences, letters, arts, com- merce and manutwctures, were all amply repre- rented. Meu of all shades of political opinion were prevent. : At halt past 8, the ball commenced. The great aj artments of the Rez de Chavesée, and a portion o} the emall apartments, bad been prepared for the fete ard ideas decorated The anil had been, as well as the dinirg room, traneformed into a eplencid ‘salle de dumse.” Two <rchestras, led by M (M. Strause, thousands of bowges 3 buffet terved with pretusion and ormamented with mugnificert flowers, were there, anc nothing was went, that ceuld contribute to comfort or be re- guited by at A . On entering salons, the President of the Re- public wes the object of the liveliest felicitations. very one pressed about him, and all did homage to the elect of the people, who appeared to be des- tuned, not only by his position, but by his conduct, | tor Hugo, who was, it will he recollected, taken | erownin isaminga co both public and private, to promote conculation aud restore confidence. « _At 10 o'clock, the salons were crowded. The rich touettes, the brilliant jewels, the varied uni- forms, presented a coup d’eut which could only be rendered more striking by that which wasthere in all 1ts enchantment, the eflulgeace of female beauty. iy appeared to pervade all the guests, and the ex- hilirating dance was kept up until the decaying lights warned the delighted throng that the little hours had rome time glided by. ° Thie ball will be an epoch in the souvenirs of. Pansian life; for the first time, at all events within this century, were its * assistants” com- posed of elements so various ; tor the first time were the principal families of the old moblesse of a Faubourg St. ‘Germain seen in public since You will naturally ask what is the solution of the curious problem presented by this circumstance. The Faubourg St. Ge:main, which has ehut iteelf up since 1630, and obstinately retused to join in the general circle of Parisian society, and turned up its nose in contempt at the court balls and re- ceptions of Louis Philippe and his family, have come out and paid their homage to the heir of Na- poleon and the representative of his dynasty, as | were firm. On the Thursday preceding, the report | Ww. ihe did to Charles X. and Louis XVIII. What 8 the meaning ot this? Are we to understand that the Faubourg St. Germain is ready to accept the empire; ordo they only craftily make use of Prince Louis Napoleon for the moment, as a convenient ‘repping. stone to a restoration? On this there are cifferent opinions. I have met with many here who have hitherto held Jegitimist opinions, many who have supported Henri V., and others who are ; artisans to the Orleans dynasty, who now speak confidently of the re-establishment of the empire «8 the only practicable and profitable solution of the problem; and 1 have no reaeon to believe that they epewk insincerely. Henri V. is understood to ie personally indifferent. The conditions which ‘e imposes for his own restoration ate impracti- cable. He will only come back upon his ligit- mate and hereditary right, and under the white flag. On these bases he will not be accepted. France will not consent to give up the flag of Austerlitz, nor will she return to the prenciple of striet heredi- tary night. Evenin England, the sovereign holds her authority not so much by hereditary right as by the presumed continuance of popular choice, indicated by umivereal acquiescence. More than this cannot, ond will net, be conceded in France ; and it Henri V. return, he must be content to do so as the chosen of the people, and not as the heir aud descendant of his ancestors. On the other hand, the O:leanists propose a compromise which satis- fies no party. ¢ republicaus declare that af they cannot have the government of their choice, they would rather have strict legitimacy, whichis adis- unct and macedigible: Principles but if they cannot have this, ten would not give the glory attached to the name of the empire to a basterd monarchy like that of the Orleans party. * Be this as it may, it is now past all doubt that Louis Napoleons now surrounded by the partisans of every shade of monarchy, and has opposed to him only the communists, socialists, red republi- cans, and pure republicai and even the pure re- publicans support him nsibly, and must con- tunue to do ge, until some overt act be committed, having for its object the transition to the empire. Nothing of this sort will, however, be attempted for the present. All will go on smoothly uatil the convocation of the new Assembly. Noone doubts, not even the democrats themselves, that this new Assembly will present a most imposing anti-repub- licen mojority. This majority, it 1s true, will be split into factions— Henri Quin pisses, imperialists, Orleanists,etc., but still they will have one common principle, namely, an intense and invincible detestation of the republic. The republicans rely upon their disunion because of the alleged impossibility of their agreeing on a chiet. ialists build their hopes upon the powerlessness ot either of the two monatchical par- ues standing alone, and of their respective aver- sion. Both, it is hoped, may be impelled by their hatred to the republic, to jon in establishing the empire. _ We had, on Monday, another social manifesta- tion at the Hotel de Ville, where a magnificent tall was given by the Prefect of the Seine to the Pre t of the republic. The splendid salons of this magnificent hotel were thrown open to a 6e- lect but numerous party. From 1,500 to 2,000 per- rons, including the éiie of Paris society, assem- bled there. Among them, as at the Elysee Bour- bon, were observed the old families of the Fau- Slagrante deticto with the wite of an artist, some time betore the revolution of February. A prose- cution took place thereupon, and the poet fled inglo- novsly from France; his flight, however, being said to have been conaived at; but his frail companion was brought to trial and sentenced to three months imprisonment, a@ punishment which was actually inflicted. Parts, Feb. 8, 1849, The Bourse and Money Market The Bourse remained, up to Friday, the 26th ult., snastate of the most complete stagnation, Ou that day a modification took place; in consequence | ot the report of M. Grevy, and the fears excited hy the debates in the Assembly, the funds fell suddenly, but, notwithstanding their fall, little | business was done. The Bourse of Saturday, the 27th, closed on a falling maraet, with anxiety much more general than during the preceding week, on the question of the dissolution of the Assembly, and our financial position. Bank shares alone resisted the general tendency to decliae, and of the Bank for the last six months of 1543, was pre sented to the shareholders, and showed a saustuc: tory result tor them, notwithstanding the complet stagnation of commercial affairs, By that report it up month of May, 1848, amounted to 47 muiions, had been reduced to 14 millions, and was progressively decreasing. On the vote of the decree by the Assembly, for the tormation ot the High Court of Justice, for the pored that the cabinet was assure: jority: and the influence was felt at the Bourse; but the Assembiy soon put anend to their hopes.— Two prepositions, the one by M. Bullault, and the other by 80 members of oppositioa, triumphed, of come ma- of the Committee and Minister of Fiuance. The first proposition had for its object, to determine the Minister to conform his expenditures to that mount, The second, to appoint a committee of 80 members, to supersede the committee, and the Minister cf Finances to supersede that com- mittee, composed of the most enlightened, the most practicul of the tinancial statesmen of France, of men,such as MM. Thiers, Leon Faucher, But- tet, Wolowski. As might have been expected, this did not tend to raise the funds. The Bourse testified its opinion in its usual manner; it sold, and after this operation anxiously inquired to what fot the mutual hostilities of the Ase:mbly and the imistry could lead the finances of the country. Besides the contortions of the great powers of the state, the masses began to threaten to overthrow one or the other of the contending parties. Inthis Sxtreuitt, the credit ot France appeared on the point 14 being completely swallowed up. Oa Mon- day, the 29th, occurred the great military demon- stration of the government, having for its object the defeating of the conspiracy whose ramifica- tions spread ito all the departments. The rappel was ceaten, and the National Guards and the army descended into the streets, ready to do battle to the disturbers of order. ‘The foresight and skill | and prudence of the Ministry re-assured the public mind, and the Bourse has felt all the eflects of a wise, vigilant and aitoDg government. The fives, which closed on the 27th at 74f. 80c., have since nearly touched S0f., and there is an apparent firm- ness in the market. ¢ Bourse appeared to consider that the 20th settled the question between the Assembly and the Executive, and it has given litle attention to the resistauce—the obstacles thrown in the way of the Ministry by the Assembly. The large majority of one hundred and two on the vote of Rouiidehcs in the Ministry—the vote as to the dissolution on the proposition Lanjuinais—the violence of the discus- sions on the part of the Mountain—all have made little er no imprersion on the market. A proapect ot a better order of things 1s now afforded. It is hoped that the greatest perils are past, and that affairs will once more soon resume something like their usual course. Our German Correspondence. Berwin, Feb. 20, 1849. Interesting Intelligence—-Important Movement— The Germamc Empwe—The Difficulties in effect- tourg St. Germain. The room was a pertect blaze of diamonds. Prince Louis was received at halt past ten, at the head of the principal staircase, by the Prefect and Madame ereer surrounded by all the ministers of state, ani all the public functionaries, Giving his arm to the hostess, receded by the Prefect, and followed by 18 ministers, with heir ladies, he passed through the crowded apartments, where a lene was made for him, lined on either side by the beauty, tashion, aud splendor of Paris. Oa entering the ceveral ball rooms, the orchestra played national airs, and, in skort, nething was ‘wanting but the name to realize the idea of a sove- Teign or anemperor. Prince Lauis wore, on this occesion, the plain dress of a citizen, having, however, the ribbon and jewels of the Legion of Honor—the identical ones which were put on him as en infant by the hands of the Emperor himself. ‘This is the week of the carnival—Tuesday last being the well-known Mardt Gras. It has, howe- ver, vanished since the revolution of February.—- There is no indication of its usual gaiety—no masks, or aby other manifestation of that kind, to be seen. The town presented nearly the eame as- pect as on the days of ordinary fetes. The state of the Bourse, which you will see in the money article, which I send, 13 a subject of great triumph to the ministry and the party of reac- uuon. The rentes are higher than they have ever been since February. Itis well known that the Jeaet indication of the return to power of the repub- lean party would tumble them down, \ The complaint, nevertheless, of the prostration of commerce, continues to prevail, nor does it ap- peer likely that any serious revival of general ness will take place until the issue of the con- ion of the Legislative Assembly in May shall have become known. _ There are but few strangers in Paris. Every one is afraid of another outbresk. n instance of the condition of the capital, in this respect, | may mention to you this fact. To pay the expenses of Maurice’s hotel, whieh, hitherto, even in the worst times, has been well filled, two hundred guests are necetsary. For the last three weeks there have not been twenty. At the laet masked ball at the Opera, an agent of police watched a tellow who was picking pockets with a dexterity, showing that he was an old hand. He had just taken from one otf the party near him a.watch and chain; but betore the agent could seize them, he had passed them away to a red domino by his side. This was done, however, so precipitate- | Jy that the watch tell trom the hand of the domino tothe ground. The agent seized it and the thief. The red demino fled. The pockets ot the thief being eearched, led to a somewhat ae re disco- very. He had in them a false nose, a large beard, | spectacles anda cap. It seems that he occasional- | y chunged his dress to elude the police. Steger (for so the thief 18 named) took off his Gibus hat | und substituted the cap, false nose, beard and spec- tecles, and thus changed his identity. He was haud- ed over tothe prefecture. — We had rather an amusing ecene in the Assem- bly yesterday. You will see that among the few | Ciequalifications pronounced against the represen- tatives, have been the circumstances of being con- victed of robbery, murder, thett, &c. M. Pierre Leroux and the socialist patty opposed these dis- qual fications, declaring thet they saw no reagon why the people, if they choee to be represented by a | robber, a thiet or a murderer, ought not to be ale lowed to have their own way. ‘Lhe Assembly, | Lowever, thought otherwise, and decided by a | urge mejority that no thiel, robber, swindler or murderer, should be allowed to take a seat beside. them. M. Pierre Leroux yesterday, by way of | irony upen this, made a proposition that the dis | qualifications shou'd be extended to persons con- victed of adultery. ; This was a ticklish point, for no inconsidera- ble number of the members ot the Assembly, and anong them some of the most eminent, were ao unlucky a8 to be already in this predicament. M. Pievre Leroux of course never dreamt that his emendn.ent could be carried, and hoped by its re- yecnon to bave atopic of declumation against the Chomber tor 118 consistency in excluding one close of cflenders ond sdmitting another. The debate, however, become so ridiculous that a coa- sidermble number ot members had left the Assem- bly, und When a division took pace, the mont gharon and sociavets having all remained tn the heure, a mvjority Was vetunliy obtamed in tavor of the propestien ofM: Pierre Leroux, and the house has accordingly decided that no person who has coveted ard Obtained his neighbor's wife shall Hencetor ward be qualified to sitia the Chamber of Re prere niativer, This overmion will strike at some eminent pers mg an Union—Austria and Russia agawmst Prussia, Se. §c. &c. The policy of the cabinets of Austria and Prus- ared that the protested bills, which in the , tral of the accusea ot the 15th May, it was sup- | rte of all the resistance of the government, aud | threw into confusion the deliberations and plans | umount of the receipts of 1849, and to compel the | SS SS eee TWO CENTS. p astitntion,'s to be reeogniz =d5 and, alter thia will be uffirmatived, the Chambers will proeeed tothe revision of the lawa of the cous stitution. The Bravdenburg ministry will not, as | was suyposeu, retire before the meeting of ‘the Legislative Assembly; nor ia it likely that it willdo so when the Chambers have met; «nd it 1s even be- lievedjthat it will sueceed in obtaining a majority in both houses. The rumors respecting the termi- nation of the state of siege have not yet been veri- fied, though itis now contidently asserted that the military régme will end shortly, and the re-orga- | mization of tne Civic Guard take place in the be- ginning ot next month The negotiations to bring about a peaceable settlement with Denmark have | not yetled to any result, but I am enabled to tell | we on the very best authority, that a further pre- ongation of the term ot the armistice has been de- termined upon, Mr. Van Bunsen, who bad bees | Sent on a misrion relatiog to the Danish question, from this government to Franktort, hus returned to London. On Wedachinys Tie ele iust., Mr again brought torward the gover) ment proy | for the modification of the Bavigation lg hatever may be te tate of tie important meas | Sure, every credit is due to the present Mumieters tor their promptitude, courage, and inflexubility in grappling thus early in the session witi all the dif- iculues of so important a subject. Mr. Labou- chere, instead of retreating from the poeition he aesumed last year, hus made a great step in ad- | Vance, and we have further the welcome assurance from Mr. Bancrott, that to whatever extent in liberality the British Parliament may be disposed | to legislate in this matter, ** that he 18 ready to sign | aconvention to-morrow, based upon complete re- The Navigation Laws or Bngiand. bouchere | ciproeaty, and upon the opening the entire coasting trade of the two countries t the vesseis or potn pations.” It is pabece scarcely neeessury to repeat the details ot the mewsure proposed lust session. — it wilt be remembered that, with the exception of | the coasting wade aud he home feheres, the whole of the navigation laws were proposed to be abrogated, ‘The building trade was to be thrown open; ships were to be owit at any port of the world, und a register granted—the prneiple. of ownership to be retained. Iu the plan now propos- ed by Mr. Labouchere, the very important feature | has been introduced of throwing open the coast- | ing trade to all vessels of above one hundred tons burthen. This important alteration has been made to meet the wishes of those who concur with Mr. ,; Gladstone in the propriety of throwing open our own coasting trade, su chat British and colontal ves- relsmuay participate in the American coasting trade, and indeed in the cousting trade of the countries bordering on the Mediterranean, the Baltic, and other parts of the world. Astaras we understand, the measure will require no reciprocity treaties or conventions whatever, except as respects minor re- gulations; but a powers reserved to the Queen in council of re-enacting the present proibitory laws iu all cases where we find other nations refuse to us the privileges we offer to concede to the proposed [aw it wall be competent to’ rican vessel to come to Liverpvol trom the United States laden with cottou and tobacco; she will be peimitted to discharge all or part oi her cargo in the Mersey, take in Manchester goods, or coals, or passengers, and carry them to Glasgow or Lon- don in transit, and clear out with perhaps a fresh cargo fiom her tinal port of discharge This par= ticipation in the coasting trade is not to be a regu Jur pernodicel * to and tre” trade, but incidental to the general voyage. It is not yet explained where the strict line willbe drawn between the coasting vessels aud the foreign trading vessels; bur the custome officers having been consulted.on the point, no difficulty is antic:pated. The une- quivocel declarauon of Mr. Bancrott that the Uai- ted States government will unite in the mutual concessions necessarily invelved in this vast change, 18 most sutistactory, and relieves us of many of the apprehensions we should otherwise experience upon the subject. To the Canadians the alterations now poposed will prove ot incaleu- lable benefit. The hope of a return to » protective 8) stem being out of the questien, no alternative is left but to remove the restrictious which prevent the Cunedians from procuring treight tor their pro duce wt the lowest terms, wherever it canbe ob- tained. If the system sow proposed by Mr. La- bouchere should Slits be adopted by all the countries of the world, there cau bene doubt what- ever that we and the Americans, as being the mest seafaring people amongst ail nations, wath the iargest number of ships, will enjoy the greater portion of the carrying trade of the world. Up to this moment neither London, Liverpool, nor Hull, has signified any opmionup- on the changes meditated. The resofution paseed sia, with regard to the “German question,” is no longer a mystery. Two official note: within a fortnight, from the governments at Vien- na and here, have enlightened the world on the views and opinions entertained by these cabinets with respect to the proposed union of the States of Germany. The Prussian note, to which [ alluded in my last letter, objects to the form of a union and constitution tor Germany, such as proposed by the National Assembly at Franktort, but invites the different governments to negotiate between the States and that Assembly for a settlement on that uestion. Thus far, it at least expresses a jesire that a union should be established. And though the earnestness of the uvowals cn the part of the Prussian government, to promote the “unity of Germany,” 1s question- ed by many, the note contaius nothing trom which we might infer that Prussia was unwilling to jom a union ot the States, provided her interests do not tufler by it. But the Austrian note, ad- dressed to the central power, 16 a complete death- blow to the umty of Germeny, the censti- tution, the National Assembly, the. | power, and all; for, unless the very crisis: which 18 now brovght on, in consequence of the declara- tions made by Austria, produces a :eaction in favor of a union, with the exclusion of that State, the political consolidation ot Germany will not come to pass—at all events, not for the | present. The note from the Austrian govern- ment disavows the right of the National As- sembly to frame a conetitution which is to be adopted by all the States in Germany. It de- mies thatjan intimate union would promote the in- tereets of the German nation, but maintains that the independence of the States 13 essential to the prosperity of Germany ; and therefore advises the restoration #f the Germanic confederation, which established a treaty of alliance between all the States. The sensation which this note has pro- duced, not only in this capita) but throughout Ger. muny, 18 profeund ; and the first impression seems | the central | Uv the Cominons without any divisioa, but the pro- tectionists, through Mr. Herries, have signified their intention to oppose the bill in the most stre- nuous manner. The torm ot the resolution was the same as that of lust year, with the addition that it was expedient “to amend the Jaws relating to the coasting trade of the United Kingdom.” Whe- \ ther this part of the measure wiil be sanctioned by Parliament 18 very coubtful. Ut, however, minis- ters should succeed in carrying all the other por- tions of the bill, a vast change will be eff-cted, and will pave the way for the removal et all restric- tions atafuture period. We are curious to ascer- tain the feeling of the Americans themselves upon the question of throwivg open their own cuasting trade. It seems, however, to us, that the surren- der of the exclusive trade with cur own ¢ ‘lonies to them, for which we shall receive nothing in re- turn, will be of such manifest advantage that the question of their own coxsting trace will be ca: paratively disregarded. With regard to that par: of the measure which removes the restrictions to the European trade, we have no doubt that a ma~ jority will be found in both houses to approve, it. The demands of Prussia and Russia to be placed na footing of reciprocity must be acceded to. The question of light dues will be brought tor- ward 4s soon as the navigation laws are disposed of, andgthe Merchant Seaman's Fund will be placed upona different footing. The second read- ing of the navigation laws amendment bill stands for the Sth March, when, ao doubt, the whole question will be fully discussed, and upon the di- vision which will then take place will depend whe'her the measure will be allowed to pass either, in part or in 118 complete form, during the present st e8ion.—E£uropean Times, Frb. 24. AComprehensive View of the Unl (erom the London {1 or The New Worldis tated to yrctot gro- grayhical problems. First, there was the question, whether there be such a place ; and then, how to get atit. Columbus solved both by a sort ot mis- take, and got to the other side ot the globe oy trying a shert cut tothe mines of Gulcouda and tect States, 4) to be, that if the Prussian goverument really in- | tends to adhere to a union, as it roe to doin | the note lately issued, a complete rupture with Austria. is inevitable, The Austrian note contains ge veri usions to the part Prussia has acted in the tregi-comedy, called the ‘regeneration of | Germany,” which are stated to have given | much offence. I em intormed, moreover, | ep good authority, thut the regulations be- tween this governmentand Austria on the “Ger- | man quertion,” which, as | stated to you in a pre- vious letter, had already led to an agreement on certain points, have been suspended, in conse- nee of proposels recently made by Austria. To | crease the apprehensions which are evtertained of the possibility ot hostilities with Austria, we have news to-day that an augmentation of the Aus- trian army has just been determined upon; and it is reported that these preparations on the part of | Aurtiia ate by no means to provide for the chance ot a war in Itsly or with France. A treaty be- tween Austiia, Ruseia and Bavaria against Prus- sia and the other States of Germany, it is almost universally believed, 18 about being conelnded, tor the purpore of frustrating] a uoion of the German States, Frence aid England, it 18 well knows, | ¢o not favor the plan of a German unon.— Prossia, then, it 38 believed, would not lend her eupport to the realization of a project which all there po 8 would oppose. Neverthe- Jeev, the teelimg am the Germen people, to unite am one bedy poline, has lately become stronger, ard the declarations ot Austria have, at the present moment, sgain caused a crisis, the resuits of which itis imporsible to foresee. Some ot the parlia- ments of the smaller German States, of which no ese then thirty gre new sitting, have recently de- claied their achesion to the censiitution for Ger- Mary, 8 proposed by the National Assembly, at Fruvkiort Buta great part have notyetgiventheir astent, ard i cannet be said with certainty if they willl uit mately do so The die-union between the yieuter Stores has also epread among the tmoller, of wiich thore adhering to Austria will be very low in recognizing a@ constitution txeludong that State. Ia the present moment of exentement agaist Austria, a union between the Proteetont States, with Pruseia at the head, 18 much disenseed) Meanwhile, however, aflaire sre eppronching A crisis with regard to the Ger mon questi The ume fixed for the meeting of the Prussinn Chembere has drawa nigh, On the 26th metant, the ce,uties are to assemble im the reyal palace here, where the Chambere will be tone, and will no doubt have some en wos effects bereatter, Among the most prominent will be the celebrated remancrer and poet, the Viscount Vie- opened by the King. The first question taken up wm the Chambers wil be whether the mght of the the realms ot Prevter Joho. Taree centuries have passed, and one great problem survives for the curiosity, the ingenuity, or the perseverance | of competing nut/ons—How to get across this huge double continent, which stretcnes, as if it were the back-bone of the earth, from the north tothe sours pole. For the pure love of geographical science we are sending expedition after expedition to fiad a northwest passage. The United States, animated at thie moment by a more earthly passion, are cou- ering whether it is better to cut across at once the erow flies, orto go round Cape Horn, or cross ‘entral America at Panama, or at Lake Nicaragua, or at Tehuantepec, or at some other place. A glil- tering prize excites the ente rprise ot these diseover- ers, a the golden cup tempted the Sicilian diver to the bottom ot the Charybdis. But another problem, of almost equal importance, vexes Americaa in- genuity. “It ie, how to get out of North Ame- vica. The intenor of that continent 18 @ re- gion unsurpassed fi stness, for fertility, tor its noble rivers, and its inland eeus. How ts the in- creasing produce ot this region to be extricated and launched on the ocean! Nuture takes the waters ot these inland seas, und the produce of their shores, ten degrees to the north, through a British colony, and Town a Brien stream ot dilfie cult navigation, fifteen hundred miles lovg. Art has already achieved another sulution of the diffi- culty, by linking Lake Ene with New York. ‘There stil, however, remains the question, which Conada and the United States are busily discuss- ivg, which 18 the easier, shorter, and the cheaper ronte, the St. Lawrence or the Lake Ere Canal? ‘The case of the United States 13 some hat bird. So beset are they with natural and political impe- cimente, they cannct reach their owa western thores, When they k at the aurrow neck of isthmus which fed O1UVINDE a COntraL drewry interval ef rocky mountains and sandy jlais which separate San Francisco from New York, they see it 10 the hands of otrer powers. When they lock at the natural outlet ot their mighty lakee, there again they behold a toreiya fleg. “Brother Jonathan, indeed, cau trimmph over vacure as well as any otner member of the race to. whem that dominion is given, Halt maa, halt alligator, he wall daeh on, by land or by water, as they happen to come, founder through bege, splarhing through torrewts, cuttay bis way throvgh forests, and tollowing the stars throug’ isterminuble plains. He wil extend the Misia: fipyi with & railroad, or join seas witn a canal, as it may suit his convenience. Geve him three wears, and he will lease the wadertaking to a howse wm Naw York which will do it, or dee, mw the stipwe