The New York Herald Newspaper, October 29, 1856, Page 4

4 NEW YORK HERALD. JANES GORDON GENNEDE, =D om aND PROPRIETOR, gern « #-‘ ORNER OF NASSAU AND FULTON 65; GSUEEERNTS TEIO EVENING. wap) Broadway—Suone a ‘B® GARDEN, it MaRRGa—Les peas SOV any A. amine “Powery—Danox AND Pytaras— BY, Al EW THEATRE, Broadway. opposite Bond re ot Sm Dancenc—Jewy Line. WALLACICS THEATRE Broadway—Mvon ‘po 4500T Wommine—C yr vox a Houpay. ™ CAMB) RS STREET THEATRE, (ate Burton’s)—Gux- BAKER OF Moscow—foKEstT OF bonvy. BARN OMS AMERICAN MUSEUM, Broadway—After- aon av 2 Svening— Daun 580 ADWAY VARIETIES, 42 Broadway—Tus Fixing BvrOH Aan—Bay, THB Goop FoR NOTHING. 28 |. @HRISTY 2 WOOD'S MINSTRELS, 444 Broadway Ber tomas Penronwances—-Warra af Beats SEREN ADERS, 583 Sroadway—Brmorius RO pesict—1. Pxovarous. 2 SKLYN Mu SEUM, Brooklyn—Tooptas—Tns SeRiovs F ame — The News. Thesteamahips Atlantic, from Liverpool; Mines, ‘rom Aspinwall, and Philace!phia, from Havana, ar- sived at this port yesterday, bringing important mews from all parts of the world. The dates are— laverp On, 15. ayone . July 22, Bowbay... Sandwich Isands, ‘then those previously received. Both politically and financially their contents sre important. In Spain the O'Donneil ministry has fallen, and, as was anticipated, has been replaced by Narvaez and bis adberents. {hus the Christina clique naa com- pletely triumphed, and the treachery of O'Donnell to Espartero and the liberal cause has been fally 2 Spain will now be governed selon les Sdées Napolconicnnes, and a tight rein will be kept ever both its press and people. This, however, can enly last for a brief period. The very men who have been instrumental in returning Narvaez to power will be the first to plot against him, andwe shovld not be surprised if mm another month or t vo @'Dovnell was again at the head of an insurre>- tionary movement. We give the list of the new micisters in another column—tary are all, we believe, moderados or reactionista. The Neapolitan question Femaing in statu quo, An ultimatnm has been for- warded by the Wnglish and French governments *) ing, and if he refuses to accede to it, it is be hiev hat the combined squadrons will immediately be despatched to the Bay of Naples. There is soms talk of submitting the question to the consideratio. ef a second Paris Congress on the special demand Russia. A letter from Copenhagen, ander date @ctober 11, esser’s thatall the difficulties relating to tbe Sound dues nave been definitively settled; bi: we apprebend tat the alleged arrangement does mot cover the position of this country on the ques tion. Late advices from Bombay state that the Andian government was making preparations on u wast ecule tor the invasion of Persia. The occupa- ticn of Herat by the Persians is the ground assigned for this movement; but this pretence cloaks, ia ull probability, anotber grand annexation scheme like that of Oude. Russia is stated to have abandoned her pretensions to the lele of Serpents. The latest telegraphic despatches from London du net represent financial matters in a more favurabie Night than at the previous advices. The drain of bullion continued nearly as great as ever, the amount withdrawn from the vaults of the bank during the current week being £700,000. This fact, combined with the rumors aflout regarding the altimatum to Naples and the fall ot the O'Donnell Ministry, had sent down stocks three-quarters per cent, and the bank directors were stated to be daily in consultation, and to have it in contempla- tion to raise still higher the rate of discounts. From France the news ia more reassuring. The bullion of the bank was said to be increasing both in Paris and at the branches; and it was rumored that the Rothschilds sad contracted to supply gold to the bank to the amount of 6,400,000 franca, These statements had not prevented the funds falling three-vighths per cent, and it had been resolved to cut down government loans from fourteen days to seven. lt was rumored that Count d’ Argout was to be replaced as Governor of the Bank of France by M. Magne, the author of the famous ministerial report to the government stating the present crisis to be the result of the redundant prosperity of Fronce. ‘The news from California, which may be found in detail in another part of to-day’s paper, cannot be consicered of any great importance. There are, however, a number of interesting items of news aad political intelligence, and among the latter a letter from Colonel Fremont, in which he declares, what was before known, strongly in favor of the build- ing & Pacific rallroad, and says that from the day his connection with the army was dissolved he has con- sidered Lis life copsecrated to the construction of this creat national work. Everything was quiet in California, and affairs in San Francisco were pro- gressing as smoothly as though they had never been disturbed. The Iilinois had on board $1,681,967 in treasure, which comes very acceptable just at the present time, as our merchants have recently been compelled to submit to avery heavy drain tor spe- cie on foreign account. Oregon and Washington Territories were quiet. A difficulty between the savages and British at Vancouver was promptly terminated by the British Aumiral landing a strong force, seizing the Indian culprit and banging him forthwith. At Sydney (Australia) the price of gold remained at £7 Se. 16d. Very heavy rains bad retarded mi ning operations fora brief period, bat hopeful ac- counts had been sent in from the mines, and many had started for the diggings. The gold shipped from Melbourne during the year amounted to 1,093,173 ounces. Trade was quite active at both places. The Fourth of July was celebrated at Bal- larat with great écvat. The news from New Granada is unimportant. A return of the votes taken for President of the repub- lic shows that Ospina (conservative) had received, #0 far, 08,955, and that General Mosquera (national) had 23,073 votes, but the result was not official- ly decided. A new law relative to the sale and wearing of firearms had been promulgated. It gives unlimited right to sell and wear arms to inhabitants, bat restricts their appearance when armed at elec- tion polls, during popular tumult and in cases of riot, unless at the call of the authorities. ConsulCor- wine had arrived at Panama, It was thought doring the ensuing year the income of the State would fall far short of the expenditure. The new tonnage law had been enforced towarda a British steamer. ‘The news from the South Pacific is interesting. In Chile, President Montt was to be inaugurated on 18th of September, when the celebration of the anniversary of independence would also come off. ‘The republic was progressing in commerce, in mining interests. exhibitions of prodacts of native indnstry, and ‘ * of savings banks. Her exports of bret * “ng this year were very lar dime expedi- was to #e ag from the of Hue Of Magellan, NEW YORK HERALD, WEDNESDAY, OCTOBER 29, 1856. Im Peru the liberty of the press was entirely de- stroyed, and President Castilla had advised foreign merchants that in case of anoiher outbreak he could not protect them. Bolivia appeared tranquil, ) candor was peace that the United States ship of war John Adams had arrived. There was a great financial drain on the treasury. A Sailor's Home bed been opened. Mr. Wyllie, Minister of Foreign Affairs, had entered in- to an angry correspondence with a newspaper edi- Yor, and'a duel was on the ¢apis, when both parties determined to resort to court of law for redress. Mrs. Lathrop, wife of the acting United States Con" sul at Honolulu, had sailed for San Francisco. Our advices from the Cape of Goed-Hepe contain nothing of interest. The Kingston (Jameica) Colonial Standard of he 8th instant says:—‘“It was reported shortly af- ter the arrival of the Parana yesterday, that a revo- ution had broken out in Hayti, against the Empe- ror Soulouque, which was likely to result in the latter's deposition.” No particulars had transpired. There had been a great quantity of rain at Kingston, and the crops gave promise of an abundant yield. From other West India Islands the news is interesting The present Governor Tobago has been promoted to the government of Newfoundland. The Granada Legislature had adjourned. At Antigua the ide and disorderly conduct of a large portion of the popala- tion was engaging the earnest consideration of the public authorities. The Barbados papers are de- lighted at the prospect of a plentiful supply of water in Bridgetown. The Dominica Assembly had been in session. In Tobago there had been a break up of the Cabinet, three members having tendered their resignations. In St.Lucia dullness had pre- vailed,.as the.crop was over and shipped. As com- pared with the previous year there had been a fall ing off of 460 hhds. of sugar. The exorbitant tax pon logwood is represented to have fettered trade . the article to such an extent that ina year or two it will cease to be exported The report of the Stilwell proceedings in the case ot Wight, which appeared exclusively in the HexaLp on Monday, coming close as it did upon the Hunt- ington revejations, has excited great interest amongst the financial operators. It appears} .1¢ evidence already adduced in this case under the Stilwell act that aman of very moderate resources —a clerk st a salary of a thousand dollars a year— is cranstormed into an importer, and being such for only ninety days, keeps his equipage and resides in an up town palace, furnished without regard to ex- pense. All this apparent wealth proves to be a shadow snd the millionaire—a myth. The exami- nation in the case of Wight will be resumed to- morrow (Toursday) before Chief Justice Oakley, in the Superior Court. The case of the Park Bank against Davis and another, a suit arising oat of overdrawiog an ac- count, was up before Judge Roosevelt yesterday, and the United States Trust Company, of New York, were appointed receivers. We pubiish elxewhere the details of the news from the city of Mexico to the Sth inst., a brief telegraphic summary of which has heretofore ap- peared in our columns. Revolutionary movements copvulsed the country from centre to circumference. Republican and American conventions for the purpose of forming a union electoral ticket were held in Trenton, N.J., yesterday. The latter, how- ever, refused to amalgamate. One of the most brilliant and effective Fremont demonstrations of the campaign came olf at Brook- lyn last night. Hon. N. P. Banks, Gov. Robinson and others, addressed the meeting, composed of between fifteen and twenty thousand persons. The affuir concluded with a splendid torchlight proces- sion. Our report of the procedings is unavoidably crowded out by the press of foreign news upon our columns. An entbusiastic meeting of the democracy of the Sixth Congressional district was held last evening, on the corner of Third sireet and Second avenue, to support the nominations of Hon. John Cochrane, the democratic candidate for Congress, and Hoa, Fer- nando Wood for Mayor. A series of resolutions expressive of the spirit and character of the meet- ing was passed, and adiresses were made by Mr Cochrane and other distinguished orators. There were between two and three thousand persons pre- sent. The Board of Ten Governors met yesterday. The Warden's report shows that 5,842 persons are now in the institutions, being an increase of 31 in one week. The business performed was of no public interest. The American Board of Commissioners for For- eign Missions met at Newark, N. J., yesterday. After the usual exercises the Treasurer's report was presented. The receipts of the year from all soarces have been $207,318 69; $3,109 less than those of the previous year. The expenditures have been $823,000 49, leaving a deficiency of $15,631 80. which added to the already existing debt of $20,507 90, makes the present indebtedness of the Board $96,189 70. The attendance of members of the Bonrd was very large. In the evening Kev. Dr. Be thune preached the annual sermon. Professor Baché delivered an eloquent address before the members of the American [astitute and their friends last evening, at the Broadway Taber nasle. The effect of educational establishments and industrial exhibitions, as connected with the wan:s of our country and of our day, formed the subject of the learned Professor's discourse. The sales of cotton yesterday embraced about 2,000 bales, on the basis of about 12\c. for middling uplands, the market closieg with rather more firm. ness. Common grades of flour were rather easier, and extra do. were rather firmer, without change of moment in prices in either case. Choice wheat was firm, with a good demand for export, while common and inferior grades were rather easier, and sales were active at prices given in another column. Corn was firm at 65c. a 68}c. Pork was steady, with sales at $21 for mess. Sugars advanced about jc. per Ib., with sales of about 1,660 bhds., at prices stated elsewhere. The public sale of coffee embraced about 2,200 bags Rio at 10c. a 1ljc.; average about 10-66c.—showing a decline of jc. a jc. below the previous auction sale, though the parcels offered contained mixed and irregular lots. Grain was pretty freely taken for Liverpool at 8d. a 84d., in bulk and bags. Rates were firmer at the close. Tur Campaton—Important Movements on THE Cursspoarp.—It is reported far and wide that Commodore Stockton, the forlorn hope of the Fillmore dog-in-the-manger faction of New Jer- sey, has declared for Fremont, and that a mani- festo to this effect has been already prepared. If this be so, it settles the question for New Jersey; because the late accession of the President of the Fillmore Nominating Convention—Ephraim Marsh, of that State—to the Fremont cause, has paved the way for the hearty coalition of the body of the Know Nothings there with the repub- licans, against Buchanan. The personal inflaence and example of Commodore Stockton—who is said to carry the Jerseys in his breeches pocket—wil do the rest. We are also informed that the Hon. Jacob Broom, the great gan of the Fillmore Know Nothings of Pennsylvania, has declared in favor of Fremont as against Buchanan: and trom every quarter of the Keystone State the co-opera- tion upon the union ticket seems to be full of enthusiasm and confidence. We are further given to understand that the Hon. Kenneth Raynor, the great Know Nothing favorite of North Carolina, has declared in favor of Fremont. These are all cheering signe; but we hope that, if there be no mistake in these reporta, the distinguished gen- tlemen concerned will «peak out at once, We are Clore upon the eleventh hour of the day, ‘The European Congress and the United States. The European Congress which pacified Europe is to meet again at Paris on the 15th of Novem- ber for the purpose of settling finally the boundary question in Bessarabia, and in- quiring into the condition of Neufchatel and Naples, both of which countries seem to require foreign intervention. We have no reason to doubs that the former matter will be easily dis- posed of, and also that after due discussion, an understanding will be had on the Neufchatel and Naples questions, which will commard the assent | ef a majority of the Congress, But there are other matters, ef even greater importance than these, to be laid before the Con- gress. Mr. Marcy’s despatch on privateering will undoubtedly be read by M. de Walewski, and duly considered. It has already been dis- cussed with care by the European journals; and though exceptions have been taken to many of its propositions, ite general tenor appears to have been approved. Reducing it to its simplest form, it is a plea for the inviolability of merchant vessels at sea. It seeks to reduce maritime war- fare to a sort of tournament or duello between the national ships of the belligerents. There are many reasons why this proposal should find favor with the States represented at the Congress. Some of those States have small navies or none at all; France, which has always tried to ep up @ maritime establishment, has never held out at sea against England for more than a few mouths after commencement of hostilities; indeed nothing but England’s na- val superiority has prevented her sinking to a position considerably in the rear of the great continental Powers. All these States, therefore, such as France, Prussia, A’ tria, Sardinia, &c., toust fee) an interest in the triumphs of a pria- ciple which—though apparently bringing their inferiority into bolder relief—would in reality neutralize it, and render maritime conflicts of small consequence. On the other hand, England would gain asmuch as she would lose by it; for if she sacrificed a part of the preponderance which her paval armament now ensures, she would secure her enormous mercantile marine forever from molestation. Her trade, which is Eng- land’s lite, could be carried on as well during war as during peace, if Mr. Marey’s proposai were made a part of the law of nations, It is possible that a question of still greater magnitude may engage the attention of the Con- gress. While it isin session, news may arrive at Paris that James Buchanan has been elected President of the United States. This would be regarded, if we mistake not, as a matter of the very highest moment by the envoys of the lead- ing Powers represented at Paris. For if Mr. Bucbanan is elected, the doctriue of the Ostend manifesto will be sanctioned and endorsed by the people of the United States. It will be an unequivocal announcement to Europe that the principles embodied in that document are those which animate a majority of the people of the United States, and will govern the administration during the next four years Here is food for reflection for the friends of Spain. Nor will the topic be wholly speculative. Ene- mies of the United States will point significantly to the establishment of Walker in Nicaragua, to the visit of Soulé to that State, and to the uadis- guised effort to revive African slavery there. Cuba, they will consider, is evidently the goal towards which Nicaragua is the stepping stone. On the other band, the condition of Panama wil! also doubtless command attention. It has hitber- to been grossly misunderstood in Europe, mainly because Europeans have derived their informa- tion concerning it trom the filibuster report of Mr. Corwine; perhaps some member of the Con- grees may be aware that unless this country adopt measures for the actual military control of the transit line, the intercourse betweea the oceans must shortly be brought to a stand. Eag- land, we are told, “cannot permit us to seize the isthmus;” there will ne doubt be leisure during the Congress for some little inquiry into the Bri- tish dominion, or the British sovereignty which imparts to the Queen the right of permitting or restraining such a measure of police on this con- tinent. Perhaps the case of Mexico—a debtor, and without great care, an insolvent debtor of two European Powers—Spain and Eoglaud — both of whom are rather clamorous for paymeni just now, may also engage attention conjointly with these topics. In trade it is not considered good policy to press ones’ creditor beyond enda rance ; the soundest economists reject the princt- ple of imprisonment for debt, especially where the creditor has entered into the bargain knowing the risk ; national transactions are governed by the same rules. And whatever policy may dic tate to the creditors of Mexico, we trast they will be reminded, in good time, that this country wili not permit the independence of the territory or the revenues of the United States of Mexico tu be violently taken away or impaired by any Ea ropean Power whatsoever. In connection with this branch of the subject in the contingency to which we have referred, it may be well for the European statesmen assembled at the Congress to reflect upon the elasticity with which this nation shall then have escaped internal convulsion upon the subject of slavery. It ix not for us to press the spectacle upon the view of Europe as an argument in favor of republican institutions ; that is their concern: but in view of the dealings, peaceful and hostile, which they may have with us in years to come, it may be whole- some for them to study the sudden and general quiescence which follows a period of excitement in this country, and the universal acquiescence of all parties in the will of the majority. A thorough and careful contemplation of this phenome- non would dissipate the hopes of those—if any such there be—who may have expected to find in the internal diseensions of this country an element of strength for her enemies. We should be sorry to look forward to a collision with Europe on so bad ® cause as the wilful and forcible seizure of Cuba, merely because the Southern slaveholders want a market for their surplus produce; bat even in such a case, Europe may rely upon it that the first sound of foreign war would unite the whole people of this country asa single man = their military strength would be very great Tue Bennetts ann THE Boxarantes.—One or more of the journals of this city have mentioned the grave circumstance that through some mys- terious combination of powerful influences a son of James Gordon Bennett has been admitted into the Polytechnic School at Paris, whence so many of the great men of France have emerged, in- cluding the great Napoleon himself. There may be some mystery about this extraordinary event; but what it is we don’t exactly know, and can- not precisely divine. Possibly, the mgacious Louis Napoleon, in view of the perpetuation of the empire, in this mysterious affair, (ehould all the Bonapartes, European and Ai intend to provide another soourtty py 4 cession in this New York e ve of the Polytechnic School. Why not? Bonaparte and Bennett? They both begin with a B, which is a very strong point of circumstantial evidence in our favor. See what a fuss the demoralized demo- cracy are making over their two B’s—“ Buck and Breck,” or Back and Break, as the case may be. Why, them, should there not be something im those other two B’s—Bonaparte and Bennett? The fact is, the influence of the Bonapartes and the policy of the Bonapartes must have secured this young man of our house a place in the Poly- technic School because his family name begins with a B. “ Vive ’ Empereur!” Terrible Steamboat Explosion—in Politics. It has been our painful duty to record several horrible steamboat explosions, but none more terrible than the recent collapse of the ap- parently staunch craft, the George Law. Some year ago or more the George Law went into the dry dock, was turned over on her beam ends, duly scraped, coppered, and fitted out with an entirely new set of political machinery. The George Law then started with a tremendous bead of steam on, and all her colors flying, fer the White House. Under the American flag, and with all her fires up, the George Law steamed away for some time in gallant style, but unfortu- nately ran against a snag at Philadelphia, on the 22d of February last. She was got off with diffi- culty, but leaked badly, and labored for some time in the wake of the clipper Fremont; but coming athwart the hawse of several vessels bound in the same direction, and being very clumsily handled, the George Law was driven into Salt river, collapsed a flue, her boilers exploded with a tremendous crash, her crew blown sky high, and her fragments scat- tered in every direction. To drop metaphor, the recent terrible break- down of George Law, and his last appearance on any stage, at the Academy, have created a degree of intere* and excitement much greater than his equally pid rise. One of the most remarkable developements in the whole affair is found in the conduct of Law’s friends and intimate asso ciates, who now fall to cursing each other with extreme unction. Each charges the other with having been the cause of the demolition of the great idol, and their conduct is rich in the ex treme. Prominent among George’s agents was ex. Senator Westcott, of Florida. ” Ex-Senator West cott was asort of privy councillor to Law—his legal adviser; Westcott prepared his speeches: dictated his political course; gave him bon mots aud funny stories fer ordinary conversation; furnished bits of poetry for quotation, and dealt cut homeopathic doses of historical reminiscences and political records. He was the Dr. Pangloss to this modern Lord Duberly. Since the terrible explosion, poor ex-Senator Westcott has disap. peared from the public view altogether; in fact, he is so entirely used up that there is nothing left of him but a queue, which should be carefully preserved in some museum as a great natural and political curiosity. Then there is George Law's spiritual adviser and chaplain-in-ordiuary—the Reverend Joe Scoville. He, too, isin great tri- bulation. Another of the same party is Doctor Valentine, who is George Law’s physician extre- ordinary, preserving his constitution both physi- cally and politically, regulating his diet, pre- paring prescriptions to keep him in sound order, and a fit article for fashionable consumption. This last named individual has been thrown into an awful state of mind by the great smashup of his great patron, and has come out with a letter in which be threatens to demolish the chaplain- in-ordinary without mercy. Here's the precious document:— New York, Ot 25, 1856. Jow Scovmin—I will rot stay my baad a cpeaing your transactions to the world, and liwewise the mauaer tu whieb you got Mr know that I have all the sooner was this thing done than you commenced your dirty operations. You who commenced with me, in star! ing the Law movement, promised to stick to me through {bick and thin, and not to injure the man if we did not succeed; under these circumstances you were put in cen- jonetion with George Law by me. You commence the ‘work—go on splendialy until the work is neariy finished, ‘and ben like a cow that bas given a good pail of milk, torn round and kick it to hell. When I connected you with George Law, I thought I in troduced & gentleman snd was willing to siaod the Tesponsibility, You bave, therefore, by your dirty ac: Won, thrown me into an embarrassing positicn, which ought to justify me in blowing your God damu brains to the four winds of Heaven. It ia the opinioa of the Florence House that you are a first rate damn s— a— George Sherman says you have broken your oath to him, and he therefore is hkewise of the same optaioa. The Programme of my lecture will shortly be out, in which Will expose your whele ings to the public, and i you attack me in the Heeacn, (a8 what | ehall say will be the truth, and nothing but the wruth,) I will proceed tm mediately to diepacch you to that bourne trom whence no son of & bitch like you ever returns. WM. VALENTINE, ML. D. Some of the language used hy the Doctor may strike our readers as slightly unprotessional, but we give it to show the style of conversation whieh obtains in the upper circles of political life, and how mixing in good society gives one that easy flow of wit, that charm of repartee, that une- tnous humor, that refined courtesy, which makes the letters of Walpole, De Stael, Chesterfield, De Sévigneé and Valentine alike welcome in the li brary of the scholar or the boudoir of the beauty. How refined must bave been the political revnions of the great statesman, George Law, when such elevated Janguage as that of the above morceeu was mingled with the popping of champagne corks and the swallowing of oysters in every style! The representative of the medical profession charges the representative of the clergy with perjury, with kicking a good pail of milk (that's an elegant metaphor) to a place unmentionable, reflects on his character generally and threatens to blow his—the Reverend Joseph’s—brains to the place where the Reverend Joseph kicked the pail of milk. If that isn’t a nice opening for a fight—a mighty pretty quarrel, as Sir Lucins O’Trigger would say—we never saw one. We fancy it is only the beginning of a series of re- markable discloeures. But the moet amusing part of the whole affair 8 what the physician-in-ordinary says about working the Mama.p, as if the Heratn was a band organ, @r a steam engine, or a force pump, which was at anybedy’s service who saw fit to ap- ply the motive power. The fact is, the indepen- dent course of the New York Henatn has so puzzled and mystified the whole batch of blood- suckers who surround George Law, that they fall upon each other, charging treason all around, simply because the Henao, in the course of its duty to the public, exposed a political charlatan, who, without bottom or talent, or even ordinary reepectability, had too long imposed upon a too confiding public. By industry and sharp prac- tice George Law has accumulated a large for- tune—not ro large, however, as is generally sup- posed. He may be something like Barnum in that respect. He evidently supposed from his suecess in steamboats, contracts, buying up Con- and other trash, that he could aiso buy up an independent journal to smooth his way to the White House and impose upon the people of the United States a Presi- dent without talent, magnanimity, ability, or education, but simply beeanse he was a rich man, and everybody must bow down and worship bis We believe that he has now found out his . But we advise all his supporters— Scoville, Valentine, Westcott and others—to cut Joore from him at once, and each to publish a de- tailed statement of the private history of the whole matter. It would make the richest bro- chure of the season—next to the book which the Chevalier Wikoff is about to publish on European diplomacy, with an appendix in relation to Mr. Buchanan in London, But the private transac- tions of George Law with his privy councillor, chaplain and physician will be a most interesting résumé of the inside history of the campaign, and will do to read after we have discussed the dish that Chevalier Wikoff will give us directly after the election. Let us hear from the Law trio, by al] means, Difficulties of the Mexican Government—Its Prospects of Surmounting them. The last news from Mexico conveys rather an unfavorable impression of the prospects of General Comonfort’s government. With treason raising its hydra head in every direc- tion at home, and with the English and Spanish claims unsolved, fhe Mexican Presi- dent has more upon his hands than a man of or- dinary capacity can cope with. It remains to be seen whether his talents and energy will prove equal to the patriotism of his views and to the embarrassments that surround him. His position is just suda a one as would gratify the ambi- tion of a military chief of superior abilities, We question, however, whether Comonfort is the man for the emergency. His measures in regard to the Church, although dictated by a just appreciation of the political necessities of the country, have the great fault of not being sufficiently comprehensive. It is dangerous to touch such interests at all unless it be done witha bold, vigorous and inflexible hand. Comonfort has committed the common error of scotching the snake without killing it. By his half measures he has made enemies of the clergy, without depriving them of the means of resenting the injuries which he has inflicted upon them. This of course has failed to satisfy the liberal party, and their openly expressed dis- content, instead of serving as a warning and guide to the President, has been treat- ed by him as a crime against his ad- ministration. Following the arbitrary example of the French Emperor, he has thought fit to play the despot, and employed force to stifle the ex- pression of public opinion. By the suppression of the Siglio YLY. and the Independiente—the lead- ing organs of the liberals—he has, we fear, com- promised himself irrevocably with the party on which he mainly relied for support. The conse- quence is that he occupies @ position of isolation fatal to a man of feeble abilities and dangerous even to a statesman of pre-eminent intelligence and self-reliance. He may rise superior to the difficulties by which he is beset, but there is little in his antecedents to justify that expectation. Let us examine for a moment the perils by which his admivistration is now menaced. In New Leon, Genera! Vidaurri has hoisted the standard of rebellion, whilst General Garza, of Tamaulipas, one ot the men raised to power by Alvarez, remains indifferent to the embarrass ments of the central government, and watching the course of events to decide to which party he will attach himself. In Sonora, Governor Gon- dara is also in open revolt, whilst General Alvarez, from whom Comonfort’s powers are virtually derived, is understood to be hostile to his adminis- tration, and perhaps even ready to employ against him the force by which he overturned Santa Anna, These facts argue either great indiscre- tion and short sightedness on the part of Co- monfort, or unlimited confidence in his own re- sources. This latter quality often enables men io overcome obstacles that are apparently insur- mountable, and it may be that the Mexican Pre- sident possesses the strength necessary to achieve the objects that he has proposed to himself. The embarrassments of his position, arising from internal causes, are, as we have shown, suf- ficiently serious without being complicated by extraneous influences. In these matters, however, rulers cannot always be choosers, and Comon- fort will, in all probability, have bis foreign ac- counts to settle at the same time that a crisis will call for the exercise of all his energies at home. Spain is said to be making formidable preparations to enforce her demauds against his government, whilst there is no doubt that Great Britain, fatigued by useless expostulation and by the endless shifte of Mexican diplomacy, will back up her own claims by an armed demonstra- tion, It is not likely that the mission of General Almonte to Londou will be productive of satis factory results, sevinz that its object is merely to gain time. The Tepic claims, as well as thore of the Mexican bondholders, press for immediate satisfaction, and this the Mexican government, in the present exhausted state of its treasury, is not prepared to accord. In such a state of affairs we are afraid that the hopes enter- tained of the revivifying inflaence of Comonfort’s administration on the condition of Mexico are doomed to disappointment. Were his policy as consistent as it is well intentioned, we should en- tertain more confidence in the probability of his carrying it out successfully. When, however, af- ter stripping the church of its property, we find him hesitating to complete the grand measures of reform thus inaugurated, by refusing his sanction to the introduction of the principle of religious toleration into the new constitution, we cannot help expressing our belief that he is not the man destined to regenerate the fortunes of Mexico. Fasnionaste Fravos—Crouxars ww Hew Lire.—One of the most remarkable and charac- teristic eymptoms of the mania for display, and for an extravagant style of living, which per- vades thie community, is the ease with which ex- tensive frauds are perpetrated, and the little at- tention they excite. We may be Schuylerized to the amount of a couple of millions, and the operation is not even a nine days’ wonder. In this age of fast living there is no time to regard social morality or to look beneath the surface to find out whether our reputed millionaires and famous financiers have any solid foundation for their pretensions, or whether the bright bubbles of thelr reputation are not in danger of being in a moment collapsed by the unlucky discovery of an overisene of stock or of a widely extended system of forgery. Since the arrest of Chas. B. Huntington, some two weeks since, by reason of one of these unlucky diecoveries, we have from time to time presented to the public view sketches of the lax mode in which commercial and financial transactions are carried ou in Wall street, of the ease with which, taking advantage of that state of things, Huant- ington was evabled to utter forged paper to the amount of over half a million of dollars, and of the sumptuous aid extravagant siyle in which he played the rie of millionaire in bis house ig Twenty-ceccnd street, and fn town generally, Af thoeg developements do not open the eyes of our citizens to the impure state of the social at~ mosphere in the neighborhood of Wall street and of the fashionable quarters where mushroom capi- talists reside, then they are wilfully blind and deserve to be periodically made the victims of” Jeremy Diddlers of every grade. Take this case of Huntington alone, See him, within the last four years, arrested, committed, and indicted for an ingenious swindle, carried into execution hy the connivance of note shavers, in the issuance of bills of a bank which never had existence. All due publicity was given to the facts in that case. The swindle was fully ex- posed in our columns, and one would suppose that the name of Chas. B. Huntington would not, within a decade at least, command any credit im financial circles in this city. But as the bank- rupt trader who resumes busingss can always ob- tain ag much credit as he pleases, on the assamp- tion that he has made money by the operation, so Mr. Huntington, having by some unexplained con- trivance escaped prosecution and punishment, seta up his shingle anew in Wall street, and having given satisfactory evidence of his qualifications for that locality, is taken into full fellowship and obtains the unlimited confidence of his brother sharpers. Being thus once more on the full tide of imaginary prosperity, he launches-out into that course of extravagance and dissipation which distinguishes, par ezcellence, our codfish aris- tocracy. He rides in the most superb carriages, drives the finest span of showy horses, gives the most recherché dinners and parties, and squanders money as if he were an incarnation of the fabled Plutus, His wife tries to outshine all her rivals: in the costliness of her silks, the splendor of her diamonds, and the magnificence of her drawing rooms. The hotel keepers at Saratoga, Newport: and Niagara reverence her, for she is most pro- fuse in her expenditures, as the wife of the millionaire Huntington ought to be; and all this time the broker Huntington is calmly and coolly, as it appears, raising money on forged ac~ ceptances of firms with which he had never, im any other way, the slightest business transaction. And thus, with the combination of note shavers, who care for nothing but their usurious discounts, the credit of our city is sacrificed and the: morality of the respectable portion of our citi- zens shocked, that this gentleman may indulge his tastes for fine living and flashy jewelry. We have said that this is an indication of a lax condition as wel) in financial dealiags as in the tone of public morals. ‘This affair of Huntington’s is not by any means an isolated case. We have had, within: the last day or two, reports of another forgery by a note broker in this city, of forgeries, in Albany, said to have been committed by one of that famous gang of swindlers who were concerned in the burning of the steamer Martha Washington on the West- ern waters, (at the very period when Huntington was last under arrest,) and of other forgeries and frands in one of the New England States. These unfavorable symptoms in the body social are directly traceable, in the first place, to that morbid desire for show and parade, the prevalence of which among all classes of society, none cam fail to notice; and, in the second place, to the lax administration of the laws, which allows rogues to go at large “ unwhipt of justice.” Everybody wants to get rich in a hurry, and is not very par- ticular as to the means of doing so. “Put money in your purse—honestly, if you can; if not, put money in your puree,” seems to be the motto om which far too many are acting. The female taste for costly dress, ‘fine jewelry and extravagant living has much to do in stimulating men to the wild hunt for gold. And until these extrava- gancies give place to simpler and more moderate tastes, we may reasonably look for many such denowements a8 that which now bids fair to close the career of Chas. B. Huntington. MesicaL Rumor.—There is a rumor about that Col. Fuller, of the bandsome beard, intends to assume the direction of the Italian Opera. He has been consulting the spirits, and they advise him by all means to try his luck. Will he en- gage the two Frys—one as the manager and the other as maestro? “Do try. THE LATEST N E-W 8; €Y MAGNETIC AND PRINTING TELEGRAPH, Commodore Stockton “and the the Presidentiad Queation. . Nawank, N. J., Oot, 28, 1866, ‘The Washington deepatch pablished ia the New Yous Hivnsiy of thia morning to the effect that Commodore Stockton will to day come out with a letter in favor of Fremont for the Presidency, flads no credence here, and the letter referred to has not yet been heard of, either ia this city or Trenton. The story is possibly foonded om the efforta the Commodore is making to bring about @ fusion between the Americans and republicans. New Jerscy Republican and American Elece toral Convention, ‘Travton, N. J., Oot, 28, 1866, The republicans am’ Americans met hero to day, for the purpose of forming & union electoral ticket, A re« spectable number of both parties were present. They ‘met in separate conventions. The republicans proposed to the Americans a fusion, similar to thet made in Pena- sylvania, but a difficulty arose about the terms of the Proposition. A secon’ proposition was then made by the republicans, to which the Americana answered that no arrangement could be made. The republicans then di- rected their i.xeoutive Committee to prepare a statement of the matter. Both conventions then adjourned, and 20 fusion was effected. From Washington. Wasmixertow, Oct, 28, 1859. ‘Three hundred thousand dollars of the government stock was redeemed at the Treasury to-day. ‘The special committee bave reported im favor of coms solidating Washington and Georgetown under one mu+ Bictpal government. Boston Weekly Bank Statement. Bowron, Oot. 28, 1856. ‘The following are the footings of our weekly bam statement for the past week, compared with those of the Recruits for General Walker. New Oxtmaws, Oot, 27, 1856, steamabip Tennorroe sailed for Nicaragua to day, \aking 260 recruits for Walker, ‘The Murderer Sentenced. Newarg, N, J., Oot. 28, 1966, In the Essex Court of Oyer and Terminer to-day, Phillip Weber, convicted of the murder of George Delor, in a drunken affray, in Anguet Inst, was sentenced to tweive years in the Now Jersey State prison. Fire at Norfolk, Va. Norvoux, Va., Oot, 28, 1956, A fire broke out here on Sunday morning, which dee troyed about $80,000 worth of property. Bm commenced in the restaurant under the china store of James Barry, whowe family made their escape (rom the burning tng by Inddera. The flames then extended to « of adjoining buildings, entirely destroying them. The lowe of James Barry ie $36,000; ineared for $10,000. RB, Gurney & Co., and Mesere. E.R. Gale and Bj. Crile,