The New York Herald Newspaper, February 16, 1850, Page 2

isk all that they have im the attempt NEW YORK HERALD. | titi tvubtice, So longas man i a social belog, PDAS living in his home, surrounded by his wife and his JAMES GORDON BENNETT. PROFRIETOR AND EDITOR. treasures of the human heart—so long will protec- TRE DAILY MERALD, 2 conte per copy—St Per 4 | ¢) HERALD, for Vireubation on thts Con~ in MERELY MRRALD. Orattenc se Sy er $3 per annum ; fA cireulation in Burope, printe pad Broth and Bnylish, af 6% cents per copy, or SA per an— wom. IR WEEKLY HERALD. every Monday, 3 cote DOLLAR gl per annum; sa copies te clubs, Ge, BOWSRY TUBATES, Bowory—Warcx Asnone—Fonty anp Firti—Potsam, BROADWAY THEATRE, Broadway—Searovs Fawity —Wip Oars. BURTON'S THEATRE. Chambers street—Suai0ous Fa- wmy—Poor GentLeman. NATIONAL THEATRE, Chatham equare—Buy rr Duan ~-Jaxny Lind—Natap QUEEN. OLYMPIC THEA’ Broadway—Macic Hoan--Szn1- ove Famitr--Fivine Covor OHRISTY’S OPERA HO! AMERICAN MUBEUM—Anveine Pemronmasons, Ar- TERROON anv Ere MELODEON - Wart __ APOLLO ROOK— Analysis of European and American De- mocracy, The acquisition and settlement of California, and the establishment of a well ordered and complete government, within the short space ot three years, as a phenomenon which Europeans cannot under- stand or explain. In fact, it cannot be pluloso- phically accounted for, except by analyzing the difference between Europran and American demo- eracy. During the very period this astonishing phenomenon has been working itself out on the shores of the Pacific, Europe has been convulsed by a political earthquake, which for months set most of its governments and thrones reeling to the eonvulsion; and in the old world, we ‘saw two hundred millions of men making what has turned out to bea futile attempt to achieve the liberty of the people, and the establishment of democratic sys- tems of government. In the one case, we discover afew thousand adventurers landing upon a wild and unknown coast, most of them desperate in for- tune, and many of them desperate in character, but all bent upon the great object of winning the smiles of fortune, and accomplishing the great purpose of life. In a solitary and desolate territory, with none of ‘the appliances or means to boot,” except those resources which lay within themselves, their early education in the principles of democracy, and their unconquerable love of independence, they give existence ina day to the thirty-first republic of the United States, and the day follewing send its representatives to gain admission for their new State into the confederacy. That such a State should ccme from nothing, and leap into existence like Minerva from the head of Jove, in armed per- fection, never could have been done, except by men who had been thoroughly educated in the principles of American democracy. In Europe, democracy never shows itself, except in a violent form. Here, it is the natural order of society. There, it is a voleanic eruption—a struggle—a con- spiracy—a battle of life and death, of blood and deepal Here, it is a practical system of every day life, wrovght into the American character. It is with us a philosophical system. It corresponds in some degree, in the permanence of its basis, to the primary geological formation of the earth, on whose everlasting basis are reared ether strata and formations, admutting of end- less advancement, unto absolute perfection. In Europe democracy 1s extraneous. It is a foreign substance. It may be called into ex- istence by a convulsion; but society is not fitted for it. It finds itself surrounded by hostile ele- ments, which at once begin to work 118 overthrow. It is unnetural; it is an exception to their system, and it rushes at once into every manner of extra- vagance, violence and excess. All classes become diseatisfied with the ngw state of things. Dreamers begin to scheme, and impracticable theories are set afloat. Fonatics in their zeal—dreamers in their illusions—egotists, and sensualists, and dema- gogues in their ultraisms—all jostle together in the great game of experiment. The ordinary system of life ceases—the hand of labor is paralyzed grits toil—alarm epreads over the public mind—money | ceases to find its usual avenues of commerce and trade ; and in the general paralysis of society which follows the shock that gave origin to democracy, euch es it is, either one of two results must fol- low—the despotism of one man or the despotism of the mob In such a state of affairs, a well ordered and firmly established democracy cannot exist, because it hes no basis. Nobody has been educated for such a system of government, or for such a system of life. Princes, nobles, and aristocrats may smile upon a people whom they fear, convulsed by the electric shock of {reedom, and transported by the indefined but glowing hope of liberty, send- ing up their shouts of triumph over the fall of | kings and thrones; but before the popular mind has grown calm, aristocrats have been able to plot the overthrow of the new republic, and by force of corruption, intimidation, intrigue and foreign inter- vention, the will of the multitude is made at last to | yield to the power of the few. But the main cause | why these intngues are so generally successful, | can be traced to the existence of a false system of | demceracy, which, in France, has shown its fear- | | | ful form in the shape of socialism. When we use at doctrine which, un- der various modifications, is preached, and has well nigh been reduced to practice, in France, of chang- | ing the entre structure of society, and subvert- | ing all the foundations upon which organized | governments have rested Socialism has been | } } j this term, we meanthe gr reformation abroad. The the bane of true doctrines that were advocated in France by those fanatics, friehtened the real friends of liberty throughout the continent; for in the | general alarm, even such men as had, for a quarter ofa century, all through Germany, boldly and con- stantly advocated the great principles of repuli yam, foresaw that Europe was not ready to carry their principles into effect, without rushing fero- ciously into those excesses whieh, daring the first French revolution, made the nations turn pale with horror, and which came so near deleging that eountry with bleod during the fierce struggle of 1848 | Any one who will take the pains to read Lamar- | tine’s history of that revolution, may see for him- self that from the hour the provisional government was proclaimed, until the election of the President, France wes resting ona volcano. An organiza- | tion had taken place in Paris, and through all the | ‘arge provincial towns, under the management of the leading socialists, which, but for the irre: ble force of half a million of armed men, brought 1 suppress it, would have ended in such scenes of | convulsion and distress as have probably not been witnessed since the irruption of the barbarians iato Italy, to effect the fall of the Roman empire. There were, probably, hundreds of thousands of intelli- gent men throughout the continent, who enter- tained, up to that petiod, the brightest hopes that the day was at hand when democracy would pass te last struggle, and achieve its great victory; | | vital importance to their children—so long as families exist upon the earth, around whose hearthetones are gathered the chief ion be dearer to man under despotism, than liberty ever can be, when it perils his fortune. Hence the hopelessness of any attempt at the present time, to establish democracy in Europe. It cannot exist permanently in a nation, until more prrect ideas in regard to human rights and duties prevail. Men must be educated to demecracy to make them democrats, as they must be educated in ecience to fit them to be the teachers of man- kind. The common idea, which prevails among nine men in ten in Europe, of democracy, is licen- tiousnese—liberty to every body to do what they please, without the restraints of law, or even of constitution. And, indeed, among more enlighten- ed and educated classes, very few correct notions on the subject of self-government prevail. De Tocqueville wrote a very philosophical book about democracy in America; but few men in France did more to bring back the reign of despotism in Eu- rope, than this same philosopher. Having distin- guished himself under the reign of monarchy, as a very knight palladin of republicanism, fighting its battles when there was no struggle coming on, fortune gave him the first chance to miagle in the combat, and to lead the democratic host. He did take the leadership after the victory was gained, and betrayed his party and his principles. So long as he remained in power, he proved a traitor to the doctrines he had preached and published by the volume. These philosophers know very little about practical democracy. Why, our Californians— take them as they ran—some of them digging gold ‘n lumps, and some cleaning boots at five dollars a pair—some of them loafers and some of them scoundrels, but all educated republicans—know in- finitely more about self-government than the best philosophers of Europe. They are more capable of organizing a State; they can lay the foundations of liberty broader and deeper; they can construct a more perfect system, even than Lamartine him- self. Why? They have been educated in the great business of self-government, in the district school house of New England, in the town meet- ing, under the orations of the Fourth of July, with all their fudge, and brag, and humbug, in couaty conventions, in popular meetings, 1n State legisla- tures, on the stump and in the caucus, in the church and in the town house—every where, at al! times, and under all sorts of circumstances—these men have been steadily, infallibly, training to be- come founders of States and empires. And now, when the fair fabric of European de- mocracy, which burst into a gilded existence in a day, and with its shining domes and flashing mi- narets, with its interminable vistas of future free- dom and glory, which made the eye of the world glad to look at, and the heart of mankind glad, has been smitten, as it were, with a bolt from heaven, and driven to hopeless atoms by the shock, leaving ruin for the present, and all but hopelessness for the future—these democratic Californians, these Anglo-Saxon loafars, these district schoolboy gold diggers, in the midst of all their gamblings and bowie knife exercises, and shooting of revolvers, on whom the sneers of Europe have been poured, and against whom even some of their own coun- trymen affect to hurl the shafts of ridicule, have, during a few moments of leisure, elaborated a great system of government, and laid the founda- tions of one of the most powerful empires, that is yet destined to control the fortunes of mankind. Such, to our way of thinking, are some of the more palpable differences between democracy in the old and the new world. Coronis Disarrection my New Brunswick. —There are evidences of a rapidly increasing disaffection towards the mother country, in the minds of the people of New Brunswick. All per- sons engaged intrade, and notimmediately inte- rested in the offices of government, are entertain- ng serious hopes of an early separation from the crown. Theyregard the privilegesand rights of the subject as important as are the prerogatives of the throne, under which it is cont ended they are en- titled to liberty and happiness. Charged with all the responsibilities which may ensue from the encour- agement and diffusion of opinions, constructively opposed tothe perpetuation of the throne-power, hundreds are flocking to the standard which has been reared over the entrenchments of disaflection and independence. lt has not been without a struggle that the peo- ple have defined their position with respeet to Great Britain. Loyal by a natural bias of consti- tution and education, they have endured to the last, through deprivations and miseries, ull loyalty itself has seemeds mockery. All hopes of colo- nia! prosperity have been cut off by the attempts of the mother country to enrich herself at the ex- pense of her colonists. The chief cause of their troubles, it appears, 1s traced to the operation of free trade, which they contend 1s well enough for Great Britain iteelf, but rnous to her colonial depen- dents. They then complain thatas they are not represented in Parliament, there is no opportunity | of being heard upon the questions which are of commercial welfare. While the markets of the world are shut to them, they must anticipate ruin. There 1s no hope of anything better. Looking with euspicion upen the | timber trade of the Baltic with England, they hesi- tate not to avow that the time has come for them to cease cutting deals and building ships, and that their energies must now be turned to the soil, and to a systematic agitation for the purpose of sepa- rating themselves from the country whence they ought, by nght, to draw sustenance and strength. Such is a rapid survey of their position and feel- ings. What stepe will be taken to bring about a better state of things, it 1s impossible to conjecture precisely, though it is perfectly apparent that they will be ready to act with Canada, whenever the Canadiens are prepared to cut the knot that ties them to Great Britain. The agitation will continue, because the evils complained of will not be eradicated ; and after a long period of threats and talk, the mind of the whole people will be consolidated, so that a new and brighter existence will flash upon their eyes, causing them to wonder that they have been be- nighted eo long. So the world revolves. Tne Great Union Martine tus Evenino.—It muet not be forgotten that the friends of the Federal Union will meet this evening, in Tammany Hall, “to take counsel upon the present crisis, and to teke such measures as will tend (o preserve to them and to their posterity, the blessings of our great and glorious Union.” We understand that letters have been received from General Cass and other distinguished statesmen, expressing their deep sympathy with the objects of the meeting. We cere not by whom thie meeting 18 called. It should be attended by all friends of the Union; and we hope that meetings will be called by the whigs, and that afterwards a great mass meeting of all parties will be held in the Park. Now is the time for the sensible, patriotic and moderate men of all parties to arise in thetr might, and plant their heels on the necks of the factionists and disunion- ists. A voice must go forth from this great metro- polie, that “the Union must and shall be pre- who were prepared to aid any movement that | served.” erything must give way to the Union. promised a fair hope of success to establish the | This great confederacy must remain intact and democratic principle on the continent, and who | unbroken. were alarmed by the painful discovery that, if monarchy was abolished on the continent, at that ame, it would be eure to be follewed by socialiem, and that socialiem must inevitably end in chaos. Then was witnessed, on a larger scale than was ever before seen in the world, the trath of that great prinerple, which has in ail ages been found | tue, namely, that the mass of mankind every- where, will choose protection and security to their persona and property, even ander despotiem, rather Maniacs in Conoress —In the House of ltepre- centatives, on Thursday last, Mr. Fitch said ia nis erat, that a greater number of maniace, before the election of Speaker, were never outside of a mad- house, than were in that body. Mr. Fitch uw perfectly right; but he might have gone farther, and said that there are a great many maniacs there still; for the fanatics of both sections in that body are maniacs. Some persons would call them knaves ‘TELEGRAPHIC INTELLIGENCE, The Prospect at Washington. The telegraphic intelligence from Washington dieplaye the unabated interest with which all topics connected with the slavery question are received. In the House of Representatives, the state of the Union became the question yesterday, and several members, each entertaining distinct and individual views, proposed their measures, and marked out the ground upon which they were willing to stand. On the whole, the discussion was carried on with dignity and deliberation, and if con- tinued in the same spirit, will not only redound to the credit of the people’s representatives, but will insure the ultimate safety of the Union. We can have no fears while the minds of eur legislators are steadily bent on a fair and equitable adjustment of the question. Apprehensions of evil arise trom an insane party and sectional spirit, which ought not to exist in the confederate repre- sentative chamber. State legislatures may instruct and advise, as it will be seen our own Assembly has been ambitious to do, but the good sense of | Pofid be no ‘difficulty these who have a national trust in their hands should guide every representative in the per- formance of his duty. The sanctity of the Union is the first great thonght for every true American. {n the Senate, yesterday, Mr. Butler attempted to distort the position taken by Mr. Clay, with re- gard to the latter gentleman’s allegiance to the South; but, as will be gathered from Mr. Clay’s reply, a singularly lame business was made of it by Mr. Butler. The explanation of Mr. Clay was full and explicit, and there could have been no mistake about the expressions he used. They were such as will not pass easily from the memory, and it is surprising by what means they could have been misconstrued. It is seldom that more explicit and direct language has been used in the Senate. Mr. Webster has intimated his intention to speak. But, as we stated yesterday, his reply will probably be to Mr. Calhoun’s positions. Affairs at the Capital. OUR SPECIAL TELEGRAPHIC CORRESPONDENCE. Wasnincron, February 15, 1850, The proceedings in the Senate to-day, plainly ex- question. Everything else melts, like snow flakes, in this turbulent stream. It is understood here, that Mr. Clemens, on Tuesday next, will define and illustrate the extreme feelings of the Southern portion of the confederacy, and that his exposition will be backed by the opinions of silent members. ip Mr. Calhoun is still quite unwell, and scarcely able to exert himself on the question, as his devotion to Southern interests dictates; but being desirous, at an early day, to define his position—probably as a chart for the other Southern members—he will speak some- time during the next week. Mr. Hapnegan, of whom newspaper reports have said much, and who has been censured severely by @ cor- respondent of the Boston Daily .Advertiser, tor alleged misconduct on his foreign mission, is in town. There is great rush to the President's reception, persens of all parties and opinions hurrying to the brilliant scene. ‘We learn that several persons connected with the Indian Department have lately been removed for eup- posed pecuniary THIRTY-FIRST CONGRESS, FIRST SESSION. Wasnincron, Friday, Feb. 15, 1850. After the reception of petitions, reports from com- mittees, and resolutions, the Senate resumed the consideration of the President's message, transmitting the CONSTITUTION OF CALIORNIA, Mr. Burien addressed the Senate in opposition to the separation of the question of the admission of California from the other agitating questions of the @ay-it would be wawies, Ho desired to say to the majority, not to place the question of California's ad- mission in a situation in which the best and wisest | men in the country would have no control over it. He did net make the salvation of the Union, under any cir- cumstances, the greatand paramount question. His | desire was,to have the Union, if it could be done at the same time that the rights and interests of his eon- stituents are saved. He wanted to secure both toge- ther. One was valueless without the other. Heal- luded to Mr. Clay's remarks, yesterday, in relation to the allegiance which he recognised; and expressed his surprise that the Senator had boldly declared that he owed no allegiance to the South. ie was prepered to hear him say that he owed ‘cllegiance to the Union, es anentire body; but not to hear bim declare that he "Nir. Cay taterponing sald, that he thought he had LAY e sald, and if be hed. not sald it, he meant that he se: ded pow Bay ayy ereoetal of for 4 of the Union. ~ pena be knew no connec ing to refer the whole subject to # committee, com- pee seer CK tor td aged of are ing wi yy were to offer the South, Mr. B. then receded” at some length with remarks against the of California with ber present constitution and es, anserti that such aet would be a the weil set practice and He contended also. eviso— the proviso oe gag inexpedienc: State, contending that it the choiee either of sub- secession. The South de- juality—nothing more—and would submit to t jusion, be appealed to the Senate QDY One Of the questions connected tation, until every man who de- an opportunity to express his it some mode of settlement might i i Hie : He aii i Pet 3 E bieh hed thas grown cut of the war with Mexico. If the Senetor from South Carolina, (Mr. Butler.) wbo says he had foreseen the and dif- culties which must result from the acquisition ef new territories, had united with any other two whe also foresaw the diMouity, but voted with him — these Senators bad cast their votes for an amendment tothe Mexican treaty offered by him, (Mr. Badger.) strik: yin all scquirition, these foreseen troables ve beem avoided. . Burien ipterporing, said, that the amendment bad been offered at too late a i Mr. Bavorr —_ ! as uring jon treaty, that, notwithstend- fog he believed the origin of the war with Mexice to Dave been unnecersary and unjust—he would rather have continued it ap hundred years than that it should have resulted in an acquisition of territory, to prodace internal Suuabe eis cabootieas co bn . then pro- ceeded te sta’ jections to tl roposed instrue- ag , Committee on Terriorie ir. Weeeven coneurred in of givin, this rubject « calm and deliborets ccomeseeues id was a grand end important question ppb RG a) it a most careful ¢ a question in ot the ccunt it the duty bie etodiour they ere not inruperabie, it was in this spirit that be Gerigned to meet the rubject. Mr. Hace desired to ray jor the proposed action there were two exciting before the country word in relation to the They both, like went through the Presidential | when the election was over, and Oregon— the Siamere twins, pea ye oye eyjonme to Oregon hed to the cold region of 64 40, This, then bre 7 they would proceed and ta a and dispose of them also rb dey, and the Senate adjourned to Monday next House of Representatives. Waswinoros, Feb. 16, 1850 CONTINUATION OF THE DEBATE O% ADIT TING INTO THE UNION The House went into Committee of the Whole on the State of the Union Mr. Rocr said that he would go for admitting Cali. fornia with her present boundaries end for ratifying all ‘hat bad been done. He differed from the President in bie do nothing policy, and was in favor of doing some thing. He believed that @ majority of both branches of Coppress wore in favor of action. [i was not the fault of the House that nothing wae done at the lost retsion; CALIFORNIA he was not responsible for the | iy. | remarked that he had sald wens mext took the floor, when the farther | conrideration of the eubeet was postponed until Tues — Fi; HE i : rf E | BS a He i i € i Fs Fe i | f 7 zFe FH TEFa suicide. there men could have come here, if t! had told their constituents what they woul neve See should occur, of the ordinance of 1787 would flust up and down the Mississippi River whepever they ¥ ordinance 1187 Mr. wees a ny Bea ur, pd was passed 1 Con; confederation, before constitution, It was a matter of fact of there was no terri belonging to the States when they entered into the Union. Mr. Fitcn asked whether the first Congress did not recognise the ordinance? Mr. Wersoxxe repeated, that no territory then Delonged to the States, and for this reason it was pro- ly remarked in the Federalist, by Mr. M: ‘hat it was out of constitutiowal ant ed to the ordi- mance. He submitted two: lutions, trusted that they would be adopted, vix: that it is dient to receive California as @ State, with restrieting slavery structed to report bills ling of that portion south of that line and the terri! New Mexico and Deseret, prohibiting slavery north of 36 30, ising the ity of fine, until the adoption habitants thereof of State constitutions, and incorporation into the Union. A portion of the People of Catifornia had different languages, religions and colors, and two years they were conquered by our arms. By the laws of naturalization the: could rot recognise the first right of citizei e. Would the free States consent to rece: It proposes repose; but it would the question now, than to let it remain poke earnestly on the importance of settling the question on nation. al grounds. Sometimes he ht that there was only one Sales povele would bow down to, and that was the infernal demon of party. He atterwards et that the American people were the least consi grateful on earib, idering the untold blessings they enjoy trodden people of the old world experie: *, and ere crowded free air of heaven. iy isting difficulties. Mr. Mann claimed to be a free r, if the term in- cluded one who wished territories to befree. if a siave oiler was one who desired it to bear slaves, he was willing to be weighed in the balance, with the epithets which bed been applied to the free soilers. Though the term abolitionist was used as a term of reproach, fortunately it may be used in an honorable sense, and if abolitionist means a man who desires to ¥! | Ought to be abolished. then he took pleasure in being o1 There are som: ho desire the abolition of this U'wion, and he was co: it that to these the term should be used rm of re] . It was applicable to per- the North; but they were few in number, and j feeble in ir. it was announced by G ass, that Cc no right to legislate om any subjects, in- cluding slavery, pertaining to the territories nthe Se. Bator was driven to this, because if he had admitted the right to legislate at all, it can be applied to slavery. If Congress bas no power to legislate, how is it that | men propose to legislate for California, New Mex! | Deseret, and sett! cannot he settled le doe ns leave their States, we behind them their | Focal iaws, | SiO them, & ee ota 3 yay 5% | ; they become subject ws where they locate. Aato the South’ dering the | Wilmot proviso an ineult, there could ‘be none, when ineult is not intended,and disavowed. This is the | Ra pabtta mae steyest Ast Met | Itiee fixed a mee of t that and settled purpose of the North that there be no more slave territory and slave States. He H tien sree of the Seeshorn ¢ onvention. and the threats | whieh been made, in case of the passage of the Wil- | mot proviso. A dissolution of the Union cannot be | peaceable; overt steps must be taken to carry it into | effect; houses, magazines, arsenals, kc, must seized— and this would bring into requisition the roe of the Executive, who has sworn to support the ‘ion, and see that the laws are faithfully executed; and this would inflame the country into civil war. He garments red with suicide! bieod. How could we | Mana before Resterity, and say that the event | to pase use it was determined to slavery to & country where it does not now exist, am: reg Bp Lona Kp yl the id is 3 was ace at id eve Sessed 1 ouch anorent won fall tho commie, eannot but see the disastrous consequences. Ie th: proceeded to show that the slaves could escape wit! more facility than now do into the free States, only @ frontier of 1.000 miles on the north, and @ frontier of 1,500 miles south and east. Where . ew territery fall? Ifa secedes, he feet cons ere force. Slaves would be instigated to escape; and even if « Northern army should invade the South, ves would not turn those who have most . It is said thet there are three millions of slaves—let the adults , and the old and young would soon melt awa: things come to , and the in the East, wi bavi: amar would e Let such @ state of estar bomage. be found more friendly to the South than the North are. There are more ¢ ten toone, there, than here. The | Principle of the age is buman freedom. riteim. France, Sweden, and ee 3 Turkey, bave abolished slavery. iy one to tram ut this love of freedom in’the human breart? Nothing but the love of law, and the restrai | threwn ition, prevent the inflam- { | Mr. Bunt observed that the gentleman bed said that instances of capital punishment were few in the South Bercebary motives, “in South Cares, aod’ thet mercenary motives, In South © an , Seuthern States, it is well known that slaves are subject to capital isbment for erimes unknown to common law. tor white men are not subject. flave is not entitled to the benefit of clergy, and aggravated aseault on a white man, he is put lied om Mr. Mann to withdraw the detrac- r. N-anw said that if he had inadvertently fallen in- tos mistake, he was most happy to be corrected What be had stated was bis im: m. He hed not bis au- thorities, but that he could make good bis fertion in some 1 1B | Mr Vi obtained | , and f yy . the floor, and the House ad. NEW YORK LEGISLATURE. Senate. Atnany, February 15, 1850. PRTITIONS PRESENTED. Mr. Cross presented @ remonstrance of Stephen B, Brophy and others, against allowing the Brooklyn Be- nevolent Society to sell their lands. Mr. Beacn, of merebante of New York, for reduction of tolls on State Canale, Mr. Sxvnxn, of citizens of Dutchess county, for relief of the tewante of manorial lands, Mr. Mann, proceedings of a mass meeting of citizens ot 0 runty, £0 a repeal of the free eaheol law. ir ¢ remomstrativg inet Lake Champlain at Rovse's Point ” mand Mr. Bresstan, (2) of citizens of New York and Wil- liameburgh for s iaw te prevent burials in cities and villager. Mr. Distrex, 4 to Cemesee College. WLS REPORTED act for the better security of me- jselaer county, bill In relation to collection Dill prevents a to have been drawn Mr. Coon. @ bili to imeorporate the South Brooklyn | Savings Bank NOTICES OF BILLA. | - Scnoormanen, of @ bill to regulate telegraph com- panier. | Mr. Mans, of @ bill to submit the repeal of the free | rcheol law to the people at the next election. RILLS ON NOTICE. set to provide for the settlement of ntary trustees, RESOLETIONS. | On motion of Mr. Cross, it was resolved that the Se lect Committee, appototed by the Senate to invest. | Brentyesih Sieten ie. me) ngainet the the ine the cen duvet of certain on! anaes, be conn fr. | to fornich said commissioners with « = end allow them to be heard On motion of Mr. Jonson, tt Did for the relief of tenants i Feieti y are away; the are seeing the poet omer enya Mr. Crorive described the place when the Harlem Road was No quettion was taken when the Committee rose. ‘THE GLAVERY QUESTION. The Assembly returned the slavery resolutions, amended by striking out the second resolution—the in- tructionsto by positive enactment the a to prohibit ert slavery in free territory by whatever the words—* The Repebe, ig arg in bg mat nt as bw 4 cok, Grollus, “Crook, ‘Cross, Cig Bart, Demick, Fox, 80 , Miller, Skinner, “Snyder, Uphain and’ Willisme. Geddes, Guinniss, J - Robinson, Assembly. Avpany, Feb. 15, 1850, The Speaker announced the following members as the Select Committee on Mr. Yarv’s resolutions:— Messrs. Yard, Dean, Raymond, A, B. Davis, and Shep- herd. PETITIONS. The following petitions were received and referred:— Mr O. Auten, for @ railroad from Buffalo to the New York and Erie Railroad. Mr. McLane, for aid to the Genesee College. Mr. Bouren, for the sam Mr. Jexmain, ogaivst the sale of ardent spirits ; also, for homestead exemption. Mr. Livres, against any alteration of tolls on canals. Mr. Peck, for repeal of the school law. Mr. Crunch, for « modification of the railroad law. REPORTS. Mr. H. J. Arcen, a bill im relation to ceding certain lands in Buffalo for harbor pi 8. "be report of the State F-ngineer im relation to rail- ved, and @ motion to print ten times ber adopted. ING SING PRISON, The bill making at appropriation of $10,000 to the Sing Sing pri: The House then went ‘ommittee of the Whole, Mr. A.B. Davis in the cbair, on the bill making appro- priations, in part, for the haere of government for the fiscal year commenced Votober 1, 1349, and for other purposes. a Burnoucns eves. ad — bs be Fog tj the pay of Brigade Inspectors lew York.” Mr. Forp said thet Brij Inspectors should be paid out of the general fund, but the law did not pro- Pleats w Y For the pi of not having this Lili delayed he would not object to strik- ing out, and having another bill presented to pay the rigade Inspectors of the city of New Yerk. Mr. Fiske hoped that the motion to strike out would not be carried. Mr. Raymowp had heard no good and sufficient rea- ton why to strike out this o a Mr. Busrovens thought the law might be changed me Snes this payment. r. Mr. Micks asked Mr, Raymond what had become of o K raped commutation money received in New ork, * would offer a aid him to find out. Ti e bill to B: I of city and county of New York, Pp jog for the payment of Brigade Inspectors out of commutation money received in the city and county IO The Dissolution Quesiton. Boston, Feb. 15—P. M. In the Massachusetts Legislature to-day, on the question of giving petitioners for a dissolution of the Union leave to withdraw, the vote stood, yeas, 268; nays, 1—the latter being Mr. Talman, of Worcester. Whe Case of Capt. Martin, Bosrox, February 15, 1860. The jury im the case of Captain Martin, for destroy- ing the ship Abby Hammond, have failed to agree. They stood eleven for acquittal, and one for conviction. The Pennsyivania Canal. Harnisnencn, Feb. 15, 1860. The Canal Commissioners passed a resolution to-day, to open the canal on the 1th of March, weather per. mitting. Fire in Baltimore—The Mails, &. Bautimonn, Fi P.M. The extensive steam cracker bakery of Richard Ma- son & Brother, on MeEldery’s wharf, was consumed by fire this morning. It was covered by insurance. The mail has failed to connect beyond Raleigh, N. C, The intermediate papers contain nothing of interest. B . 16, At the second beard, 60 shares Reading sold at 1/'¢, buyer two monthe, a Markets, Bartoonn, Feb. 15, 1850. The produce market remaims a* yesterday, with fair business doing key improving Shippin Iw ely ence. oe my TLAND, Feb 15. Siried— Bete Sie Matansas, 18¢h ult. jeared—| ArH. Feb 12. Maria, Matansas. 8 Seiled—Brige Denmark, San Francisco; derer, Car- c an) ¢ rrived—Sehr Failed—Schr Mi Boer Atrived— Ship Ionian, New Orleans, 2% i Double Headed Shot Keys, bark from New Boston Ships Banned Crocker, A icola, let wit: joa, New Orleage, 17th abt; Ai Taluekigelas sist ule, baghe Eee ta, Baltimore, D Geo Srietas, Alioth, Mailla Sept 17, Anjier Now 1. at Freeman, Rownee A tH iy uate en at ja, ult; Alesia, ington, NC; sehre John Francis , Nortoth. ke Ith inst, lat Clears Day State, New Orleans: barks pops. ‘San Francisoo: es ‘tom, Jam; Susen W Lind, Sa~ ¥ ah, stron, Silenns, St Thomas; schrs x Badger. Edenton: Isis, New York. low—Bhip Beatrice, from New Orleans. Arrived—Sche A Hann Portsmouth for Norfolk; 14ti Norfolk 4 barks Bovis Sm jaltimore for a 4 ages j= echoed y "Yorks Presto, Ma nd Canton, thom the wrevk of seh Tyre a a coal; the sobr is still ashore, and will bs Hiberni ine, Mi Shes Era eee Provio satel Bante for a southern port: ward Stapler, Davie, Lomard. CC Zabrishie, N¥ork: sloop Roger Williams, NOrleame. _ Court Catendar—This Day, me Count ae at Team,—Nos, 35, 36, 98, 8, 60, 62 to crt. Count. Now. 906, 318, 921, 82, 926, 227, $28, B81, 882, 339, 994, 906, 890, 887, S37 N4, 888, 270, U. 8. Dreraret Covnr.—Now, 89, 48. 60 to 64. wee Praas — Not. 90, 100, 110, 122, 127, 186, 141, , 166, 160, 168, 168, 168, . Strervon Covnt.—No Calendar, Motions beard and decisions given. Transrennen Surenron Caren robs ay Be total ie 0 arriv 5 tropolis, aad Regulator: trived sloop Rienza, 8 jailed seh November, Francisco, by Steamer eee ed wethe A ny aR og cho Tetsers to San ovonly 30 ovale. titel are takes 3. are A. J. 'e we tnsioaesinnky Ba ee The « a anfalday fot ing tara ae with Bond of Death, anda j The Celebrity which Gouraud’s ful Medicated Fame, boo aneinad, in, the skin, by freeing it from Tan, joth, Ri cy part of Festore. a” Gou-' will instantly a beantifal brown oF adi ‘street, Boston. we ade r ful Metamarphosde—Phaion's to hair hiskers, Hest it is upplisa, without njurh te the "halt ot eT oan be washed im ly rat ae has no bad odor. It is appli Broadway, and by €. L. Fawoott, aelphia. weight, am are ‘way, opposite Howard’s H Hair Dye.—Batchelors’ Genuine Hair Dye, can only be street. The COMMBRCIAL AFFAIRS. BONEY MARKET. Friday, Feb. 15-6 P, a, The stock market was very unsettled this morning, and prices appear to bein a very feverish state. At the first board, to-day, some of the fancies were up and some were down, and most of them are evidently sha- king inthe wind, Aftera few days, when the bulle find that they cannot attract outsiders, and relieve themselves of « portion of the stocks they have om band, they must suffer things to take their own way. Prices are now sustained with the greatest difficulty, for no other purpose than to draw in outsiders; but from the fluctuations from day to day, we should judge that speculators for a rise were engaged in a hopeless task. As soon asit is seen that their efforteare im vain, many of them will turn round and sell most of the fancies short for # fall, There is nothing like keeping with the tide, so far as speculation is con- cerned, as many rich operators have been swamped in trying to stem the current, It may appear to many that the tide is setting up. but if they will look below the surfice they will find & powerful under current that will soon carry everything before it. It is now high tide, and we would advise outsiders ‘to never go clamming at high w .” Outsiders have become as thoroughly disgusted with fancy stock operations as the reading public have with cheap literature; and one will be just about as difficult to overeome as the other, At the first board, to-day, Ohio 6’s advanced 46 per cent; United States 6's, 1868, coupén, \<; Har- lem preferred, \{; Long Island, 4; Reading Railroad, ‘4; Harlem fell off, 4; Farmers’ Trust, ‘4; Erie Rail- road, }4; tem shares of Panama Railroad stook sold to- day at 85—fifteen per cent below par. This is the first public sale of this stock at the board. At the second board, prices were a shade better, with larger sales of Harlem and Morris Canal than in the morning—the former principally om time, seller's op- tion. The amount on deposit in the office of the Assistant Treasurer of this port, at the close of business to-day, was $3,216,076 62. A majority of the stockholders in the late Bank of Ithaca, im connection with parties residing in thie city, have associated themselves for the purposes of banking, with an enlarged capital, changing their mame to the “ Mereantile Bank,” and their location to the city of New York. The bills of banks through- out this State will be received in deposit at a discount. About four weeks since, there was « speculative movement to some extent, in the stock of the North American Trust and Banking Company. In the course of @ few days, quotations for the stock advanced fronz seven to fifteen per cent, in anticipation of a decision im the Court of Appeals in favor of the stockholders. It was generally believed, at the time, that the decision expected would completely annihilate the olaims of the bond holders, and give the stockholders the control of the assets in the bands of thereosiver st once. The moet absurd and ridiculous reports were put im circu- jation at the time, by those engaged in inflating prices, 80 as to enable them to get out, and their organs pub- Mashed all kinds of statements calculated to promote epeculations and induce outeiders to purchase. Un- fortunately, many of these reports were believed, and large purchases of the stock were made, at from twelve to fifteen per cent. At those prices most of the old holders sold out, and the stock now rests in new hands at high rates, It is stated, that most of the present holders are lawyers, whe purchased before the decision was announced, probably, however, with # fall know- ledge of the uncertainties of law, and the chances in their favor as stockholders. So far very good, for we have little sympathy wita those who speculate upom the uncertainty of law, particularly when that class / is composed principally of lawyers. In anticipation of a decision in the Court of Appeals In favor of the stockholders, the stock advanced froua seven to fifteen, and Im less than four weeks after the decision in their favor was announced, the stock fell five per cent. The day the decision was published, the stock fell three per cent. This is a good illustration of the folly of purchating any of these fancy stocks for ® rise, The decision reterred to, which was, according to rome of the bull organs, to carry the stock up to twen- ty: five, amounted to just nothing at all. it was neither one thing nor another and the parties interested on both sides of the house are no nearer a final settlement than: they were eight years ago, and they will probably be at pear ten years hence as they are now. Wehave never Seen a full and fair exposition of the affairs of this con~ cern, but it is our impression, that if a correet report Could be obtained of the present position of the com- pany, its assets, Ko, and a sound legal opinion relative to all the pointe at issue between the boodbolders and stockholders obtained, it would be seen that the stock was not worth « rush, and that the creditors would Dave to wait years and years before realising one cent on their claims. aes slanes EK ie “ Sesess: J tom Co. ere Se eee 4000 do 1000 H Riv RR Bas BOARD. : S2SSsS2sslse5= FINARCIAL. a8 O00 ates RANA ORRRRARARRRN AA OOO —THE, AUBCRIBER, Wisttina Te ne 2 tting of Gee Finvares, Ching Glass Lavoe: Lead ® = the stock * : bei ie stoel ira above cum a VENBL, 3 John street.