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se NEW YORK HERALD. JAMES GORDON B PROPRIETOR AND EDITOR. OFFICE N. W. CORNER OF FULTON AND NESSAU STS. THE DAILY HERALD, 2 cents per copy—? per “THe WEEKL: ox | eanis per copy, oF printer SA 90 tthe Continend beth t the « bape be mail, fo *"FERMS. cash in advance. Wolume XVI. .....eee sees sees eee seen eres NOs BLE ‘AMUSEMENTS THIS EVENING. | CASTLE GARDEN—La Sonvamnura. BOWERY THEA’ Bowery—A Hussann's SecnetT— ‘Taare Guanoanxs, ‘Tout Rore—Vans- TION, HEATRE, Chatham street—’ cassoarysCuomer im tus Woon -Savex ov ApgLame or Daxspen. | ply MINSTRELS, Mechanics’ Hall, 672 Broadway AMERICAN eE~e- Panronmancas As- WERWOON AND New York, Monday, August 4, 1551. Telegraphic Summary. According to our advices by telegraph, received ysst night from New Orleans, bearing date July 31, and August 1, (rather stale for the telegraph,) the steamship Alabama had arrived from Vera Cruz, I vinging intelligence of another destructive fire in San Francisco. The news probably came overland | from Mazatlan or Accapulco, via the city of Mexico to Vera Cruz. The fire in San Francisco is reported to have extended over ten squares of the | city, and is said to involve an aggregate loss of | three millions of property. Several lives, it ap- pears, were also sacrificed; but the most ominous | feature of the intelligence is that the conflagration ‘was the work of incendiaries. If this be so, life and property in San Francisco are truly ina most precarious and lamentable state of insecurity.— ‘The facts, however, may possibly be exaggerated. ‘We wait for further intelligence by one of the steamers now nearly due at this port. Later advices had been received at New Orleans from the island of Cuba. ment is reported to be extending, and that Trin- dad and Villa de Clara had declared for the insur- gents. We expect more direct and copious infor. mation to-day. Btate Elections To-day—Position of Parties Signs of the Tim. On this day, elections will be held in the States ef Indiana, Missouri, lowa, Kentucky, Arkansas, Alabama, and Texas; and on Thursday, in North Carolina, and Tennessee. We give in another column a table of the candidates of the several parties in the field, for the various offices for which elections are to be made in the States that elect to-day. Beginning with Kentucky, we find that the elec- tion involves the choice of a Governor, State officers» | members of the Legislature, and ten eepresenta~ tives to Congress. Cassius M. Clay is here in the | field as the independent emancipation candidate for | Governor, and it is apprehended, by the whigs, that me may draw off some five or six thousand votes from their regular nominee. Although the contest | is maialy conducted upon old political issues, ia | ite general aspect, it savors of disaffections in the whig ranks, which may result in important ad- Tus Paorus’s Escares The revolutionary move- | ‘State, we are not without our hopes of a port from the Union party. The result im Ala- bama will be of the greatest moment in reference to the elections which subsequently occa in Missis- sippi and Georgia. The brunt of the battle lies between those three States. If they sustain their Union ticket, the trouble is over, aad Sou’h Oaro- lina must come back to ber old allegiance to the Union ; but if in those other three States the Uaioa party fail, and secession is affirmed as a right, no man may foretell the consequences. For the deci- sion, one way or the other, we shall look with par. ticular interest to the result in Alabama. In North Carolina and Tennessee, where mem- bers of Congress are also to be chosen, the compro- mise questions, though no’ entering so largely iato the controversy, are still made, to a considerable extent, the leading issue. And consistent with the position of too many of the democrats in the South- ern States, they are, in these States, as they are fur- ther South, the most active enemies of the adjust- ment. It is hardly possible to conjecture the resul! in North Carolina and Tennessee ; but entertaining the opinion that a large majority of their people are in favor of the compromise, we count upon a result favorable to the Union. Conjectures and speculations, however, are idle, when within a day or two we shall have the actua; returns. It is only when the battleis over that we can know the number of the killed and wounded. But, whatever the results, we are satisfied that they will be of vast interest to the whigs of New York, and very useful to them in building up their plat- form at their September convention. A good stiff breeze from the South can hardly fail to wake un | our drowsy politicians of all parties, cliques, and factions, to the necessity of action, union, and | downright hardwork for the campaign of ’52. | Arrival of the AtianticmFour Days Later from Europe. After a short passage from Liverpool, the Col- ling steamer Atlantic arrived yesterday morning at this port, bringing European intelligence four days later than that recently received by the British steamer Niagara. Cotton has again declined, and sales have been very dull at Liverpool. Failures have created apprehensions, and a want of confidcace has prevailed in the market. The general trade reports note the dulness of the English marke! In France there is much more activity in trade and manufactures than in England. The political intelligence is interesting. The Ecclesiastical Titles Assumption bill has passed to a second reading in the House of Lords, by a large majority; and this fact, taken together with an- other one, in which the House of Commons has shown its strong Protestant and church prejudices, is very significant. It seems that Mr. Solomons» | of Greenwich, has been returned by the electors of Greenwich to Parliament, aod that be took his seat in the House of Commons, after having taken all but aslight moiety of the oaths nescessary to his qualification as a member of that body. Being | a Hebrew gentleman, he could not conscientiously | assert that be wasa Christian. The whole story is told by our correspondent ; and that portion | which describes the unebristian temper of the Christian gentlemen of the House, is a fit theme for comment. In these days of religious freedom, we think hisees and jeers might have been dispensed with, and that the Sergeant at Arms might have been instructed to remove Mr. Solomons from thy House, without disgracivg ull Christendom by rudeness and a hostile spirit. However, Parliament exhibits its Protestant predilections and power, and might will appear right, in very spite of all reason. The cause of religious freedom gains much when a beyond the pale of common urbanity and politeness- not permit Papacy to encroach on that domain, which the State guards and protects, and of which it is the proprietor ; and that it views with a natural ‘vantages to their adversaries. As he withdraws re’ | Bargain Betvicen the 8 ward Whigs character. Our readers are aware that fortwo of three days past an effort was being made by the silver gray and Seward, or abolition, whigs, of this State, to unite on a platform that would be accept- able to each, and to join in calling a Whig State Convention for the nomipation.of candidates to be and the Pilver Gra: the . Oar news from Albany is of supported at the fall election. We did not seo any likelihood of success from the movement, for we gave | the silver grays more credit for consistency and | honor than they deserved. The silver grays are | small in pumber, compared to the abolition whigs; | and if a union were formed, we knew it would | qe at a sacrifice of the principles entertained by | the former. The overtures made by this branch | of the party were fair and equitable, and would | have been accepted by the abolition whigs if they | had not determined to re-open the agitation ofthe slavery question on the earliest opportunity, for pur- Poses of theirown. They would have been willingly accepted if the abolition whigs, under the leader- | ship and at the dictation of Seward, Weed & Co., were not bent upon following the course marked ous | for them by those demagogues. Indeed, it would have been inconsis*ent in the abolition whigsof New York to entertain such overtures for a moment, wher we look at the course which the majority of the last Legislature adopted on the compromise | meaeures. During the regular session and the extra | session, Mr. Anthon, of Richmond county, and Mr. Thompson, of NewYork, proposed, a! different times, resolutions for the consideration andadoption of the majority, on the subject of the compromise measures; but they were stifled in committee, or laid on the table, never to be called up. The same course was pursued in the legislative caucus, after the ad- journment. How, then, could it have been expected | at this late day, they would listen to overtures based on the silver gray platform, which they had repeatedly rejected? The policy of the abolition | | | NEWS BY TELEGRAPH. mean TWO WEEKS LATER FROM CALIFORNIA. ener ns. ANOTHER CONFLAGRATION IN SAN FRANCISCO, Three Mittions Worth of Property Destroyed, and Several Lives Lost. FURTHER FROM HAVANA. mere Progress of the Cuban Revolution, Bic. de. Kee ‘The Intelligence from California. New On.eans, July 31, 1851, ‘The steamship Alabama, which arrived here to-day, from Vera Cruz, brought advices from California to the Ist of July. Another tremendous fire had occurred in San Fran- cisco, by which ten squares of the city had been laid in ashes, and three millions of dollars worth of property destroyed, It is also stated that a number of persons perished in the flames. ‘The origin of the fire was believed to have been the work of incendiaries. The Cuban Revolution. New Oareans, July 31, 1851. Later advices received here from H«vena, state that Trinidad and Villa Clara had both declared against the | goverpment, and in favor of the insurgents. A despatch just received from Cincinnati, Ohio, an: nounces that large bodies of young men in that region are awaiting an opportunity to join the revolutionists in Cuba. The Southern Mall. Bautimons, August 3, 1851. The New Orleans mail, as late as due, hus arrived; but the Southern papers at hand are barren of news. whigs was this:—They wanted a union—they wished the disjointed factions of the whig party re-united, as | much, and more, than the silver grays did ; for, al- Meeting or tHE Common Covuncit-—TuE Cater oF Porice.—In accordanye with the amend- ment that has recently been made to the city though they may attempt to despise the silver gray | charter, the Common Council will assemble this force in the Legislature, where they did not particu- | afternoon. This amendment provides that monthly larly need it, they would be glad to have it on the | sessions shall be held, beginning on the first Mon- day of election, so as to present @ united front tothe day of each month. It also provides that the disjointed democracy. But, in order to effect such ; members shall be entitled to their ‘four dollars a union, they wanted the silver grays to abandon | a day and roast duck” for no more than eight days their platform—to consent to a union, without any after the commencement of the session. This is a | reference to the compromise measures of last Con- serious matter to the highly respectable members | gress, which constilute the great question of the of the Common Council, but we venture to say that day, so that they might be able, when the proper | the “Bureau of the City Hall,” under the direo- time arrived, to renew the slavery agitation, and | tion of Father Taylor, will be made to produce as recommence the war against the South, by pro- | much feed during these eight days, as it was drawn posing a repeal of the Fugitive Slave law, or such | upon for a month under the old system. We do not, } | | \ | | a modification of i:s provisions as would render it nugatory to all intents and purposes. This was the kind of union which the abolition Se- ward whigs wished to form with the silver grays, and one which the latter could never enter into without a sacrifice of honor and principle. The compromise measures were intended by their authors as a final | settlement of the slavery question, on the basis of the constitution. They were accepted as such by the patriotic of all parties, throughout the land; and any attempt to repeal any one of thom, espo- | cially the Fugitive Slave law, would rekindle the flame of excitement which burned so fiercely a year ago, and threatened to consume the govern- ment and the republic. Such, however, is the union, or bargain, which the silver grays have enter- ed into with the Seward abolition whigs. A more dishonorable or disgraceful surrender of principle we never heard of. Thesilver grays abandoned the | governmental principle has to be sustained by means | ™#2ly platform which they laid out for themselves, | number of aspirants for that office, having for a threw aside their principles, and caved in, body and | As to the Ecclesiastical Titles bill, little need be | *U) to the enemics of the constitution—for enemies | thinking, no doubt, that it could be made exceed- said. It is quite evident that Protestantism will | ‘© that sacred instrument the Seward whigs are, | ingly profitable, determined upon ousting the pre- notwithstanding all the twaddle to the contrary. | Our readers will mark that portion of the joint caly | for a convention which is intended to refer to the however, complain of the teatable. We are per- fectly willing that our Common Councilmen should have their refreshments during the evening recess, | provided they do not “run the thing iato the | ground,” by incurring an expense, disproportionate to the object. Ours is a large and wealthy city, and we can well afford our municipal legislators a stomach full of “‘vittles” if they will promise not to pocket the segars, which is about as mean a thing as any person, alderman or no alderman, can do. If rumor speaks truly, segars disappear in a very mysterious manner from the aldermanic table. The most important business that will be acted upon by the Common Council, during | the session that will commence this afternoon, is the appointment of a Chief of Polize to fill the | place oscupied by Mr. Matsell for a number of years past. In this matter there will be some ex- citement and fun, according to all appearances. A long time envied Mr. Matsell’s possession of it, and sent functionary, and getting it into their possession as part of the spoils. A majority of the Common Couneil are in favor of Mr. Matsell’s removal, we understand, but the Mayor is opposed to it. We Lope: Tsaw a dirk, resem SS om bis pocket And x. when we shipped; can tell more about the kni Lopes Sanders rning of vy last; of- ficer Prendergast was pushing me along, and telling me to go home; we bad a diffic * tod a drinking house in Water et 0 few doors from 4 the cry of murder when at the corner of street; the officer then left me and ran in the of the ery bd murder; port bad) during the eet chee two or ree glasses of liquor, was 8 fected by it; Tapes, on teak night women Rawema nes bat .B. Leroy, resident ‘at the City Hospital, saye:—The deceased was ited into the ital on the morning of the 2d instant, in a state of great pros- tration, having received a maya, Aaah of the ab- domen, two and a half inches in situated on the inches below right of the medium line, three - wand bad been dremed by a physician 7 ane a de My hi previous niission; deceased ngered ry and died at between half-past six and seven o'elock last evening; deponent has made & post mortem examination of the the deceased, and found the cellular tissue around the wound, and on the right side of the abdomen, distended with coagulated blood; the wound presented the appearance us if there had been two thrusts of the knife; that of the peritonium had two distinct perfora- tions—one one half aninch in length, and the ot! inches, which corresponds in extent to the external in- cision; cause of death was the blood, and the shock to the nervous system caused by a wound of the abdomen; deponent further says that wounds might be inflicted by such # dirk knife as now exhibited in court; traces of blood are perceptible on the blade of the kpife or dink. The medical evidence concluded the investigation, and never have we witnessed a countenance indicating guilt more than did that of the prisoner Lopez during the investigation ‘The case was now submitted to the consultation of abor following verdict :— jury, and, after @ returned the f That the deceased, Michael Foster, came to his death by a wound of the abdomen, inflicted by @ dirk knife, while in the hands of Antone Lopez, on the morning of the 2d of August, 1861; perpetrated at or about the corner of Roosevelt and Water streets,” The prisoner, Lopez, was remanded buck to the Tombs for trial, to answer the charge of murder, and the two men, Sanders and Cotono, were committed to prison 2s witnesses, ‘The body of deceased was removed from the hospital xesterday afternoon, and conveyed to his late residence, ‘o. 319 Pearl street, and the funeral will take place at three o'clock this day. GENERAL ORDER, 295. Orrice or tHe Crier or Porice, New Yorx, August 3, 1851, Dist. a Sin :—The melancholy death of Sergeant Michael Fos- ter, of the Fourth Patrol District, who was struck down by an assassin on the night of August Ist inst., and the recent cruel murder of policeman George Gillespie, of the same district, while in the faithful discharge of their duty, both of whom signalized themselves by acts of bravery, and a strict conformity to the discipline of the department. calls for more than ordinary marks of re- spect and sorrow from us, their comrades. You will, therefore, at 3 o'clock, P.M.,4th August inst., attend the funeral of Sergeant Michael Foster, from his late residence, No. 319 Pearl street, with pol any of your command, with the usual badge of mo: 1g (stars covered with crape The column will be formed in sections at P. M., inthe Park. in front of the City Hall. Capt. Hopkins, Third District, ) Will act as aids to the *“ Turnbull, Fighth “ -Chiefof Police, and be obeyed seoordingly. Capt. —— 234 o'clock, “ Salters, Seventeenth “ By order of GEO. W. MATSELL, Chief of Pclice. City Intelligence. Tur Wearnen.—On Saturday, the weather began to resume its usual warinth, and yesterday it was as warm as anybody could wieh it’ while, at the same time, there was # delightful sea breeze, which was quite refreshing. | Everybody seemed to be abroad, enjoying the day. Hvpson River Rarroan Accroenr.—The Coroner yesterdey held an inquest on the body of John Carson, eged 23 years, bern in Ireland, who came to his death by his hea coming in contact with @ bridge, while @ short distance this side of Peekskill, ‘standing on the Hudson river train of cars on their way to New York. The de- ccased, it seems, was one of the hands engaged on the train. The body was brought to this city and carried to the residence of his wife, corner of Thirty-fourth street po og avenue, A verdict was rendered of accidental jeath. Drowxen.—About nine o'clock on Saturday night, as one of the Hoboken ferry boats was just about to touch the bridge, at the foot of Barclay street, an unknown man fell into the water, while in tke ect of stepping ashore, and was drowned, notwithstanding that every effort was made to rescue him by the ngers and Loat’s hands. One man jumped after him, but all he could see was the hat, which he picked up. Immediate rearch wee made for the body, — it was not recovered till about five o'clock y . Coroner Geer short! an inquest on the at the two | store, nowthwenk rf ‘ALEX. band. To those wi spectiuly oles hand Vandam § ite poppy on Eerday! 5,000 Bent ‘Paugien hie ° ho desire call at bio 94 itreete, has ovens day. be km that boas. Hancox, who has no interest in any ry Capt. J. W. cthor bout MONEY MA T. Sunpay, August 3—6 P. M, The stock market closed yesterday in a state of de~ pression greater than has been experienced at any time within the past twelve months, and there is evidently om the part of holders of fancy stocks, a derire to get rid of) them as rapidly as possible, without causing an unduo- depreciation. Railroad stocks have fallen off as muck. as any other class of securities, notwithstanding the fa~ vorable monthly reports made by each company, of in_ come; and such is the want of confidence in the public: mind that those who are disposed to purchase at prices ten and twelve per cent above those now current, wil! not now touch them at ruling rates, Stocks of a more. fancy order, are almost entirely neglected, and have, therefore, fallen off more largely in market valuo. Government and State securities have been compara- tively quiet. Capitalists looking more to security than productiveness, have beemcontent with such investments | knowing very well that they will be the lastto feel the ef-. | fects of a tight monry market, and that at any time they can be realized without serious loss. In times like thes», that is very important question for consideration. Such is the apprehension of many capitalists in this par- ticular, that they prefer to let their means remain on de- posit in bank, without interest, so that the principal car» be commanded at any moment, in case of an emergency A want of confidence in financial and commercial affairs, has, therefore, a tendency to increase deposits, and ac_ cumulate available funds in the hands of capitalists. Such a state of affairs exists at this moment, and the effect is likely to be most disastrous upon that elass of business men and speculators who have ventured so far beyond their depth as to require aid to keep them from sinking. There are thousands in that condition, and we see no way of preventing a crash among them. The ease with. which money has been obtained during the Past two or three years—the low rates of interest which have for some time past ruled—the facility with which any one could obtain credit, and the recklessness with which people have entered the various speculative move- ments of the day— particularly operations connected with Calijornia—bave placed insny in position little able te bear the slightest withdrawal of capital from the market, or the slightest change in public confidence. The pro- pensity to use credit to its utmost is so great and so genera! among the mercantile clagses, that every opportunity to do so is made available. The effect of such an ex- pansion never seems to enter the minds of those con- cerned. Revulsions in former years, which have been the result of such fatal errors, appear to have passed. entirely beyond recollection, The reckleseness of the commercial clases is, without doubt, incurable, and it is a useless expenditure of paper and ink to warn the pub- He against past errors. We have done so repeatedly; notwithstanding which, we are now upon the verge of & revulsion, which we fear will equal in intensity and ex- tent that of any previous period. The suddenness with which the money market con- tracted, and the rapidity of the contraction, produced a panie in the public mind, which, for atime, threatened the most fatal consequences, The effect has not as yet been 50 disastrous as anticipated, but we have hardly yet seen the beginning of the end. Hundreds of houses in this and every other city in the Union are struggling, staggering along, like a foundering ship at sea, previous to pitching headforemost to the lowest depth of the ocean. Hundreds of merchants and speculators are at this mo ment urable to tell whether they will be able to pre. ferve their mercantile existence another week, and no_ thing prevents an immediate dissolution but the hope that some favorable change will take place im their affairs, to keep their heads a little while longer above water, During the past three years, we have been rapidly run- ning up an indebtedness to foreign countries. Our im, ports have so Jargely exceeded our exports, that during a period cf about two years, enormous amounts of our jealousy the establishment of a spiritual kingdom | Fugitive Slave law. It says “that the rights o¢ public securities were remitted, to liquidate the balance 5 ned bel slip, foot of Barclay street, and a verdict of “ Accidental from the political arena, the great name of Henry pagepdagse, ¢ 5 here, P ars Seeouliaaur tron wae ratntogaca | In the Legislative Assembly of France, the divi ‘Bo sufficient substituie has been yet discovered to | ‘in on the questionof # revision of the constitution intain the ancient unity, harmony and entha, | has resulted in still keeping the forty-fifth article as siasm in the ranks. In Kentucky, however, the a barrier to the hopes of Louis Napoleon for s re- whigs, in good faith, and without equivocations | election in 1852. The question may come up again d upon the platform of the compromises, and thus in three monthe; but the republi: may be stronger far have the benefit of the popularity of Henry | ‘hen than it isat the present moment, and Louis citizens as voters are equally undeniable to discuss | shall see what the result of this contest between the with the full and mutual regard for the rights and | logislative and executive branches of our municipal interests of all parts of the confederacy, (which is | government will amount to. It seems to be deter- as necessary now to maintain, as it was indispensa- | mined that Mr. Matsell shall be removed, and his ble to achieve the blessed union of these States,) | only hope for continuance in office rests on the the expediency of such laws and the propriety of | Mayor, Mr. Kingsland has shown spunk in any of their provisions, and to seek by constitutional some cases, anda want of itin others. If he should means their repeal or modification.” Could any- b¢ spunky in this we may look for come fan. One Clay. But their local and petty divisions threaten to interfere with their success. Next comes the State of Indiana. Here ten mem- bers of Congress are to be elected, chiefly upon the old party landmarks, as far as they remain to dis- tinguish one party from the other. The mere Bame of whig or democrat, however, in some States, Seems yet to be sufficient, at this important crisis, with the spoils of $50,000,000 a year in the prospec: tive, for the rallying of the masses together, under their respective party banners. Asa general rule, in- deed, principles have become secondary to the spoils. At the last Congressional election in Indiana, the result stood eight democrats, one whig, and one free soiler. The whigs may gain a member or two in this election; but we presume the majority of the delegation will be democrats, which, inthe eve: t of the election of a President by the House, secures the vote of the Sate to the democratic candidate In lowa and Missouri, the elections are mere- ly of a local character. In Missouri the contest is rendered a little pungent from the continued hostilities between the “‘hards” and “softs,” or the Benton and anti-Benton fa:tions of the democracy; a division exactly corresponding with the late dis tressing split between the barnburners and old bunkers in this State. Tho Missourians, no doubt, like their New York confreres, will, after a year or two of losses of the spoils, agree to rally to- gether again upon the seven indestructible pri: ciples of John Randolph, to wit :—the “‘ five loaves and two fishes.” Meantime Col. Benton will, no doubt, find sufficient employment in the compila- tion and collocation of his inside history of the Statermanchip, politics, and political intrigues of the United States for the last thirty years. Bat it is in crossing over into the great eotton producing section of the Union, that we approach the most impartant field of the polities of the day. From North Carolina, westward to Arkansas, and southward to the Gulf, and particularly in the States of South Carolina, Georgia, Alabama, Mis- sissippi, and Arkansas, cotton is the great staple of commerce and of politicos; and it is here that the in stitution of slavery, lying at the vory basis society, is paramount in political fairs. Llere it Me that we find the Union iteotf oxteewed as on secondary importance to the preservation intact of this domestic institution—here the late compro mise measures have scattered the old whig and of democratic parties and platforms to the winds— | ‘and here we find, on this vital question of savery, two new parties organized out of the fragmerts of the old ones—the Union party and the Souteern righte party. Nor ia it to be dieguised that the Breat iveue between those partics is the continuany Of the Union or the dissolution of the Union, and the formation of an independent Southern con(ede- racy. The actual iseues now ponding in tho @otton States may bo mere abetractions:; but they @re abstractions which, if z may result ia speedy action, disrupt loss disasters. The elections in tton States, therefore, ehal- | lenge our attention, a# of tho highest importance to the country, and of the restora’ m of that peace | @ud harmony #0 indispensably essential t servation of the Union Yet we have ominous signs of impending misfor tunes to the Union party in th ath the two other candidates for Governor in the chances are at least equal for Johass minee of the ultra Southern rights, party. In Alabama, wi @locted and seven mombers of Congress, the Orn rights party appear to be confident of eu and are canvassing the State with great spirit and energy. But although the spirit of dissatisfaction With the compromise measures runs bigh in thi pre Governor i | Napoleon less influential. There seems no madness | sufficiently general to assault the constitution for | the ambition of a single individual, and: no dispo- sition to devise a new experiment before the present | one has been fairly tried. The party of peace and | order, of which Cavaignac may be deemed the em- | bodiment, is now protesting the republie, and it | will continue to protect it up to the hour of dan | ger, and through that very hour itself. The de” bate in the Assembly has been violent, some of the seenes being as turbalent as those which excited Paris inthe days of Couthon, St. Just, and the Robespierres, or as those of our own House of Repreventatives, where personal passions have sometimes bad the start of moderation and dele- gated dignity. The members have not come to blows during the debate; but their language bas been vituperative and quarrelsome, and they have calledeach other hard names, during the heat of the excitement, for lack of arguments with whieh to crush opposition. This is always the result o¢ factions, and of mistaking the principles which men defend for the men themselves. Still, this argues nothing against the prospects of France for | a government of order from the republic. Should therepublic hold to its constitution, it is stroag | | enough to resist all attacks, and it will continue to | | exist, not only for the beneiit of France, but for the whole of Europe. The other news from Europe is of little public | interest. ‘The misceilaneous information furnished by our correspondents and by the publie journals, will give the reader a clear view of every even, worthy of notice, and to our columns we referfora number of facts in the current history of the world’s progress. Tur Law Covrts.—The City Hall has been | | almost deserted by the gentlemon of the long robe, | | for the past month, and left in the quiet possession | of the Common Council, who, with a Judge or two in chaunbere, and a few law clerks, seem to be the | sole occu, ante of the building. Little legal busi- nees has therefore been done during the month of Jaly, and less may be expected in the month of | August, though Judge Woodruff sits in Common Pleas Chambers and Special Term, Judge King in Supreme Court Chambers and Special Term, and | Judge Paine in the Chambers and Special Term of n¢ Superior Court. These, and the Marshal's office, furvich some occasional duties for tho re. | porters. In September, however, all the courts | | will resume their sittings, and in a future notice we | ehall be able to state the most prominent and in- teresting execs that will be placed on the various calendats for trial. The Oyer and Terminer will also open ite session in September, and there the business will be unusually heavy, as some six or | seven cases of murder or homicide will have to be | lieposed of in that Court. | Street assaults with | Cangerous woapons, are becoming very frequent | ant fatal, and have lately furnished many cases of homwide for judicial inquiry. One man remains in the Tombs under a reprieved sentence of execution | for mutter with a knife, and two or mote havo ra siinilar offence. Tie Late Toxvavo —We have additional and xtended accounts of the late tornads in Ohio land, Which will be published to-m>rrow. tion of property and growing er i ated, and many lives were lost. by all within its range, | been since committed for tria iously fermor Promothens, | anta—The if expected to-day, With late news 80 the Mmpire ter inteili- Capt. Sh from Califo: nia, via the new route City, Capt. Wilson, with two wooks Bence, via Panama and Chagros, | ‘power which they recently lost, an thing be more plain than this? Is not this a de. claration—a point blank assertion—that the aboli- tion whigs of New York intend to re-open the sla- very agitation, and move for a repeal of the Fugi- tive Slave law? If it is not, then we do not under- stand the English language. And yet the silver | grays submitted to it—disgracefully surrendered themselves. An attempt is also being made by the huakers and barnburners of this State, t> form a union; but there is not so much likelihood of success in this as there is inthe other case. On the 4th of Jaly a féte was got up at Tammany Hall, for the express purpose of encouraging such a union; and the sub- ject has been more or loss discussed, from that time | tothe present. Both factions express their desire for union—both are loud in professing the necessity ofa union, in order to save, not only the State of New York, but the whole republic; but neither will give in to the other. selves on the platform of 1344 and 1844, on the sub- ject of slavery, and make a corner s‘one of the compromise monsures. This the barnburners will not submit to. Their organ in this city looks upoa such an offer of union as an insult, and ignificantly acks if they are to join the proposed union with a te sticking in their throats, by seying they will uphold the Fugitive Slave law, when they detest ist It is easy to see, therefore, that, at present, there is no prospect ofa union between the two fac- | tions of the democratic party. Such is the present position of the two political parties in this State, and of the fractional parties which were thrown off, by centrifugal force, from the main bodies, in the excitement growing out of the slavery agitation. As for the barnburners, it is very likely they will bold another convention, re-establish the Buffalo platform of 1848, and prepare for the Presidential election of next year. They will pro, bably nominate acandidate for the Presidency, of their own, and scrape together all that oxists of the free soil and abolition materials of the whole North and West, and join them together under their banner. ‘These movements in the North will not escape the attention of Southern politicians. The lea ling men of that part of the country are watching what is going on here. silent as they appear to be. They see in these movements elements of success in the project they have determined w of regaining the of electin candidate of their own tothe Presidency in 1 They would like nothing better than this sur- render of the silver grays to the abolition whigs. | t it ie putting ® trump card in their hands, and its influence in that part of the republic will soon be | seen in the elections about to take place there Istasp Trassrontstios. —Our attention has teen called to the advantages of the route to the Lakes vie Dunkirk and Buffalo, and Cleveland and Sandusky, over the Penn- eylvania canal to Pittsburg, in consequence of part of | the Ohio river being low during (he summer months, and | the danger of shippers being thereby expoved to oxpense and lows, We learn that many merchants of the lower Mirsisnippi States, who have } re shipped by New Orleans, now send their goods we Cincinnati, as the freight from New Yerk to that place can now be fore ach ( N warded at 05 cents per 100 lb in fifteen days; and if rent expre hrie ad, in etx day 0 los. The dite cus and lake it gave ux ne vi thie Pa roper im ardere, run ‘a on Beturday evening, to take aclon ent courte of the Commie m. We have a report of the proceedings, but othe Be | ropean apd other news, we ar tij] to-morrow, my ‘ The bunkers plant them- | thing, however, is certain, that it would be difficult to find a better Chief of Police than the present incumbent. . ‘The Case of the Murdered Policeman. THE INQUEST HELD ON THE BODY—EVIDENCE TAKEN IN THE CASE—THE VERDICT OF THE JURY. In consequence of the absence of Coroner Geer, who jeft the city om Saturday afternoon, Alderman Oakley, of | the Fourth ward, officiated as Coroner, and presided at | the inquest held om the body of Michael Foster, the | Policeman of the Fourth ward, who was mortally stabbed | in the abdomen with dirk or dagger, by @ Spanish | sailor, named Antone Lopez, on the morning of Satur- | day last, the particulars of which we published ia yes- terday’t lirraid, At about 12 o'clock, Mr. Bleakley, the | Deputy Coroner, empannelied a jury, and the following evidence Was taken '— TRETIMONY. Patrick Dusty, Policeman of the Fourth ward police, sworn, says:—I was standing at the corner of Peck slip | | and South street, on Saturday morning about 1 o'clock, | the 2d of August; I heard the cry of “murder!” and | “stop him ' the alarm was coming along Front street towards Dover; I ran up Peck slip towards Front street; and as I was running ap, I saw man eres the slip in | Front street, and I ran after bim and overtook him about the middie of the block in Front street; when I got within two or three peces of him I called to him to stop, or I would strike bim; I calied out the second time, but he paid no attention, and kept on running; I then struck lutm with my club on the «ide of the head; he staggered, and before he recovered himeeif, I seized him by the cravat and shirt. and immediately he dropped a dirk on the sidewalk; about this time policeman Prendergast enme up, and I teid him to pick up the dirk or knife, which he did, and conveyed it to the station house, along with the prisoner now present, named Antone Lo- ea; L recognise the prisoner here ax the man I arrested; am not positive that blood was on the dirk; there was 4 tinge of something on the blade of the dirk, but I can- Lot ir it was blood; the dirk here showa, I should | fay. in the sume oue dro i, es Langdon, policeman of the Fourth ward, | | rays :—I saw the dirk handed to Capt, Baird, by officer rendergast; the one here exhibited is the one given to Capt. Baird; I am positive it is the same dirk; I saw it Landed to Capt. Baird, it was placed in a drawer and locked up. | Patrick Prendergast. policeman cf the Fourth ward, Sworn, says :—~T was on duty about one o'clock on Satur- day morning, the 2d of August, when my attention was | attracted honse in Water street, kept by named Crist, between Koosevelt and Dover streets; I was under the impression that a fight had token place by the noise, I proceeded to the spot and found ene of the pri- seners, named Joseph Cotono, and the other two prison- ers; Cotono was very violent, and wanted to get into the house; I teck bold of him te take him away, when he etruggicd from me and struck the door of the house With his tist; I seized him aud pushed him along the sidewalk, and he kept talking in a language that I did not know; the other two prisoners followed after, but did not appear to be so violent; when I got to within a | drowning " was rendered, after which the remains were conveyed to the dead house in Twenty-sixth street. The drowned man had on a light colored linen coat, dark vest, fancy calico shirt, blue cotton its, and coarse shoes, There were no persons to claim ‘him, or who knew anything sbout him. We understood from one of the ferry masters at the foot of Canal street. that his mame was Jackson. Deceased appeared to be about 35 ears of age. ‘Wroxo, 1 Trve.—Yerterday evening, at our office, with his head bandaged, and stated that on Saturday night, about ten o'clock, as he and acom- QS along Water street, between er them both several timer, with a club. One of the men, it appears, bad his arm broken, and the other, whom we raw, bad his head badly bruised. He also stated that they went to Dr. who dressed their wounds. The man asserted positively that no cause was given to justify the conduct of the he be- policeman, and lieved the latter had acted from spirit of revenge, in SS two of the officers of the Fourth ward, in which they were attacked, having recently been killed by sailors, Axornrn Fouspirxc.—About ten o'clock, last night, Police officer Feldman found # male child on the stoop, at the door of house Ne. 125 Pitt street. where the re- puted father is supposed to reside. The mother of the child bad also lived in the same house, but she took her departure thence, and no traces of her can be found. Her name is Doyle, or Accipent.—On Saturday, a German woman named Bar- bara Williams, reeiding at 107 Third street, got her broken in two places, and her body otherwise mutilated, yard of William Webb. foot of Seventh street, ing of s plank, while she was gathering fuel, the fi was taken home, in a feeble condition. él Albany Datehian—Newsmen ‘wishin, supply o is ular wee! fil pl fe the Gets to the subscribers, DEXTER BROTHERS. eas 2 LK: 45 Ann street. Albany Dutchman.—Wanted a few active City.” te cireu! ate the Davchman in Brooklyn and J literal.” The Dutehman is the most reaavie rica. Apply to TER & BROTHERS, 3 Ann steeot, Terms to West Point, Catskill jon Springs, Saratoga, Trenton Fall Or to Newport, Wockaway, Long to miters, elippers, th find ail the diners few doors of the corner of Roosevelt street, Mr. Foster the deceased, came up and asked me what the troub I told him I did not know; I told bim I did not understand their language; the deceased then asisted me to endeavor to get them home; Cotono | all the time appeared to be the most violent, ani my #t- tion was taken up with him; when arriving at the | corner of Roosevelt and Water streets, [ pushed Cotono | on the cross walk, and told him to go home, and at that moment I heard deceased exclaim he was st ; Lim. d saw a man cuaning down ront street. and deceased run- ning after him; I came up to the deceased at Dover st., when he said he felt faint and could not go any further; deceased raid Lo me,“ There he goes’ —meaning the man that wee running; | followed on in pursuit, and saw him crore Peck slip, and came up to the prisoner just as po. | liceman Dufly had arrested him, aud was in the eet of | putting my hand on him, when the prisoner dropped a | irk from his hand on the sidewalk; the one here produced, I betieve, is the one [ picked up and took to the station house end gave to Asristant Captain Baird, the prisoner | now present, called Antone Lopes, ie the man who dropped the dirk; aesisted officer Duily to convey the prisoner to | the station house, [ did vot find any sheath belonging to the dirk knife when I seerehed him at the station house | suitable for the t he is prey * than Bi } "y ¥ » rench Doeskin Pants $% best qualities lower prices. Eetabliohed tan Roots, El rae immer months, Well #tocked establish Fulton street, Be yon telat is re ato nd his prices are very tom: Aibany Dutchman,—{This onces this week @ magnificent histor! nt Dallas, U.S. A. The Dutehman | er published in the United Stet Dexter & Brother, 43 Ann street, New Oxygenated Bitters. This Moderne 6 A are . Whole. ork. 1 believe the dirk now produced to be one I picked up from the sidewalk or pavement; there were no other | ¢ time the deceased was stabbed ox- ¢ prisoners; I ar- myself, th Francis Sanders about half past tix o'clock the fame mornin; ked me if the man with th waning Lopes, who were ah thon; he said he was th bbing of the de arrested for, at man who did Sanders and Cotono, were then es- amined as The first called was Francis fanders, who being «worn, eays—The prisoner, Antone Lopes, was & seaman on board the schooner | Habana, Captain Noles, from New Orleans; on the mor ing of the disturbance in Water street, Antone Lopes | bad a difficulty with a man in a porter house in Water ar hi; the policemen then came; Iraw | et, who etgwok entitled to the confidence of every suff n pa Sethms, and general eebilite. Phe certticeten metre. Puente in ite favor aro of the hishest Fer ine members of Congress anil other diet the U Btatees 4 ety Alm ke tone A.D. 3 Broa I &T. Ooadi Broadway; BM. Gy street; Hall, Ruckle, & Co Grugaists genernily in the t tr Bye, without ex red or gray hair, to black of ated So ‘ony lien Me mle Rese at the old established uo- rect, near Broadway. Hate Dye and Wi be fomnd tn th Ber ala fs ra bil i wit Dye ” met: it ean be proe c ia town and | | sgainst us, Fortunately, at that time our public credit abroad was very good, and our stocks were freely taker by European capitalists. So long as our supply of the right kind of securities held out, there was no necessity to look for any other way of paying our foreign debts,and individual obiigations were replaced with government and State liabilities, The operation of this movement run up prices for public stocks to a very highpoint, and. they became permanent investments in the hands Of large capitalists. Within the past year, specie has taken the place of stocks for remittance, and the shipmente bsve been very heavy. When we were fending out from five toten millions of public securttier «very month, year after yoar, it was a subject of een. gratulation, and great joy was manifested that Ameri” can credit stood so high in Europe. The cause or conse- quences of Fyeh remittances were fot for 4 indment eon. eidered, and the weekly reports of transfers of United! States sixes made to foreigners, were supposed to be the dest evidence ip the world of our financial and’ coms mercial prosperity and progress. Not the first thought was given to the annual drain upon us for the payment of interest upon the enormous amount of such remit- tances, or upon the ultimate effect cf such indebtedness to foreigners, When the shipmonts of rpecie coms monced, the seeno was changed. At first they created no alarm, as it was the universal impression that our receipts from Culiforoia would more than counter. balance the exports; but as time rolled on, the ship- ments increased, until they reached an extent well cal- culated to cause the most fearful apprehensions, as wil’) be seen by the annexed statement : Stirments OF Srecte rnom tHe Port or New Yor, 1861. January +$1,266.000 May . : February 1,007,000 Jun 462,000 March. 2,308,000 July .. + 6,004,000 Aprile 2,000 — ‘otal, eee eee eee wenn ees $25,095,000 Tn seven months the exports of specie from this port exceeded the aggr otbipments from the United States in any previous year within the history of the couatry. | The total receipts of California gold dust at the United States Mint, Philadelphia, this year, up to the lst of August, rlightly exceed twenty-three millions of dollars It therefore appears that the exports frova this port have. | during the first seven months of the year, been wearily | two millions more than the imports from California, The eld mines of California have not kept up our supply of ape cle previous to the Ist of January last; but we do not look. upon this as an unfavorable feature, except 0 far as thy «fect may be upon the minds of timid capitalista, Bo long a8 we are indebted abroad, the shipment of speci payment, is much better than remittances of stocks An exportation of specie is calculated to have « favorable influence upon commercial affairs ia two ways—first, by checking « further expansion of credits and prices at home—and second. by produc ing @ grenter abundance of money abroad—gene- rally in the most extensive foreign markets for our pro- ducte—a more active demand is likely to arise, at better Prices, which would aid materially in relieving our in. debtedness. The existence of an unusually large amount | of «pecte in the vaults of our banks, is sure to create a Corresponding expansion in the movements of thos, institutions, which invariably leads to all sorts of specu. lations—to an advance in prices of every description of merchandise—in fact, to an artificial, unnatural, discased state of trade, in all ite ramifications ; whereas, on the other hand, a moderate amount of specie in the banks compels them to move cautiously; a healthy check i, Placed upon individual operations; prices do not beeom> inflated; our imports are kept within proper limite, and OUF progiess is less rapid but more permanent, and upon ® More substantial basis. There is, therefore, in our pinion, only one way to bring things down to a proper level; and that is by large shipments of specie, until the balance of trade is equalized, and the speculatiun, ex- travagree, and follies of the day are removed and matters settle down upon a sound, sttong foun. dation, There is no doubt but that the effect of euch shipments wil bo most disastroud, most fatal, to perhaps hundreds; but in this case partial evil will be wniversn! good. aud delay may be the ruin o tens, where now one might fall By arresting this finan cial epidemic in its early stages. thoasands may be saved from the ravages of the insidious disease, We trust the exportation of specie will continue With unabated vigor until ® more healthy state of affairs exists in the financia; end commercial world. We must keep our stocks at home, Millions of dotiars are now teken from us every year, to pay the interest on American securities In the | hands of foreigners, and it Is full time we should stop V5 | adding to thy nual drain, banks is #0 much dead capital Speoie in the vaults of out By paying our debts with } gh Ne arrest at once ail accumulations of interest, To