The New York Herald Newspaper, November 25, 1857, Page 4

4 NEW YORK HERALD. JAMES GORDON B NETT, EDITOR AND PROPRIRTOR. eee CORNER OF NASSAU AND FULTON 818. OFricy N. W. . No, 335 AMUSEMENTS THIS EVENING. 4 TRE, Broadway—Taxe raat Gini Awa ae AL eee Fisaane NBIGHBOR. LO’S GARDEN, Broadway—Rosert ano Berteaxy a Ree Paate—Panvoutum or BORBAS. BOWERY THEATRE, Bowery—Equasraian anv Gru nastiod nats MONKEY OF MADRID. BURTON'S THEATRE, Broadway, opposite Bond siree(— Brvious FamiLy—Tue TOODLES. WALLACK’S THEATRE, Broadway—Pasr any Paresxr —Levisiaia Hospaxn, LAURA KEENES THEATRE, Broadway—Tus Ses oF Tox, on A Motnen’s PRaveR NAGLE’S JUVENILE COMEDIANS, 444 Broadwa: pure Mai—Dav arrex THe Faik—SiNGiNG, DANCING, AL BARNUM’S AMERICAN MUSEUM. Broadway—After moon and Evening—Ovk COUNTKY’S SINEWS. ‘WOOD'S BUILDINGS, 56! & 563 Broadway—Q@ro, Canuty & Woon's Minstuzis—Dovs 1x tHe Dog Days. MECH ANTOS’ HALL, 472 Broadway—Brvant’s MINsTa mis —Ermorian S0nGe—COLOR FD PICTURE GALLERY. NATIONAL CIRCUS, #4 bowery—Eqvestaian Frars— Gymnastic EXERCISES, de. EMPIRE HALL, 896 Brosdway—Parvtings [otosrearrye RoTIO Exreprrion, &c. or TRE Ka Wew York, Wednesday, November 25, 1857, he New York Herald—Edition for Europe, ‘The Cunard mail steamship Arabia, Capt. Stone, will leave this port to-day for Liverpool. ‘The European mails will close in this city at a quarter past ton o'clock. ‘The European edition of the Hixratp, printed in French and English, wil! be published at half-past nine o’clock in the morning. Single copies, in wrappers, six cents. Subscriptions and advertisements for any edition of the New Yorn Hxnawp will be received at the following places in Europe:— seed np Low, Son & Co. 47 Ladgate hill, aa SS pusopesn Express Co. , 51 King William st Par .....Am.-Buropean Express (®. ,8 Place de la Bourse. Livexpoot, Am.-European Express Co., 9 Chapel street R. Stuart, 10 Exchange street, as! it. Havan,,...Am. European Express Co., 21 Rue Corneille: ‘The News. We have highly important news from Europe. ‘The steamship Vandempilt, which left Southampton on the 14th inst., was boarded by the yacht of the Associated Press on Sunday afternoon, off Cape Race, but owing to the breaking down of the tele- graph wires, in consequence of the recent severe storms at the eastward, the news did not reach us until last evening. The intelligence is three days later than that brought by the Atlantic; but in that brief interval a fearful financial panic had prevailed throughout Great Britain; commercial houses in all directions went down before the storm, and cotton declined three cents a pound, as compared with the prices of a week previous. The crisis culminated on the 12th instant, when the goverment suspend- ed the Charter act of the Bank of England, and authorized an unlimited issue of notes. The effect of this movement was quickly felt at every point— the excitement ceased, and business affairs as- sumed somewhat of their usual quietude. Parlia- ment was to assemble immediately. Cotton re- covered one cent aud a half of the decline, and the | market closed with an advancing tendency. Bread- | stuff were dull, and flour bad fallen sixpence to one shilling. ‘The details of the news from India had reached | England. It was reported that Lucknow, Which had been relieved by Havelock, was again besieged by fifty thousand Sepoys, commanded by Nana Sahib. The massacre at Delhi was horrible. All the people found in the city were put to the sword. By the way of Turks Islands we have advices from | St. Domingo to the 14th ult—wnot so late as those previously received, but, nevertheless, in the dis- turbed condition of affairs in that quarter, quite in- ing. The struggle between the Baez and San- tana factions was likely to be prolonged. Great dismay, bowever, existed among the partians of Baez in the capital, as his troops had been defeated in their sorties by the forces of Santana. The Pro- visional government were about to attempt the re- capture of Samana. The export of cattle from all the ports under control of the Provisional govern- ment was prohibited by decree Our correspondents at Port au Prince, Hayti, writing om the 6th and 13th inst,, state that the business season had commenced with an over impor- tation of American provisions, and the market was consequently dull, but atthe last date there were igus of improvement. The money market was strin. gent. The value of the $16 doubloon had fallen to #190 (Haytien currency.) and was downward. Coffee came in freely, and rated at $8 per hundred weight. Logwood was plenty at $7 75 per ton. There was not much doubt entertained of the final acquittal of Capt. Mayo and his steward on their trial, on an al jeged charge of introducing counterfeit money, as it was pretty clearly believed that native houses were in the habit of importing very large quantities of fraudulent bills. All parties wished for the presence of a manof-war on the coast, owing to the insolence of the native officials to foreigners. We have news from Belize, Honduras, to the 28th ult. Our correspondent states that provisions were | exceedingly high—in fact, that butter, codfish and pork could not be had in market at any price. Pro- duce was also scarce and ruled high. Exchange on New York could hardly be effected at any rate. The kers were much dissatisfied with the late made by the Port Wardens, and would not wr award: go ont, alt gh some veasels were reported in dis- e bark Wm. 0. Olden, of New York, from the Bahama Banks, had repaired damages and was t te rt. The town was being lug from the eflects of wail fe ily rebuilt fires. A letter f maya —T m Moyagver, P.R., dated 8th inst., ¢ brig Delaware sails to-day for Philadel pia. She takes no sugar or molasses, though the | stock of both is far from being exported, but the prices demanded here are more than could be realized in the United The loss, it is feared, will be heavy on speculators here, owing to the de | cline in Europe aud America in consumption and prices. The new crop ks well, and so does native produce generally From the West Indies we hare advices ¢ Bt. Vincent, @1st; Antigua, 26th; Barbadoes, 26th, ond Jamaica 27th ult. Influenza prevailed to a con siderable extent throughout the i The crop of sugar at Barbadoes bad fallen short 4,000 hogs heads. The prospects for a large crop the « NEW YORK HERALD, WEDNESDAY, NOVEMBER 25, 1857 —$ $$ $$$ $$$ $$$ SoS ES ton to study the natural history of Bermuda. Admi- ral Sir Houston Stewart will not leave Halifax for Bermuda as early this month as he intended. Our gorrespondent on board the United Sta te steam frigate Mississippi, at St. Helena on the 9th of October, states that that vessel had coaled and was about to start for Cape Town. Officers and men all well. Trade was very dull at the island, and fuel, provisions and hotel charges exceedingly high. The writer gives a sketch of the scenery in and near the town, which will be found interesting, although the objects spoken of have been often described by others. Longwood, Napoleon’s last residence, was still used as a corn mill. The officers ef the Missis. sippi had been entertained ata grand ball by Mr- Kimball, our Vice Consul. Senors Escalante and Molina were yesterday for- mally received by the President as Envoys Extraor- dinary and lenipotentiary from the repub- lic of Costa Rica. Their address to the President, and his reply, both of which contain strong points with reference to Central American affairs generally, and the Transit route particularly, are given in our despatch from Washington. ‘The Police Commissioners have determined to ap- point one thousand special policemen to do duty on election day. This will practically evade the injunc- tion served on them, restraining their filling up the force with new men until the 26th inst. The prepa- ration of the late offices of the General and Deputy Superintendents for accommodations for witnesses is rapidly progressing. The workingmen yesterday assembled in the Park and at Tompkins square, and resolved to ask work of the Central Park Commissioners. A deputation waited upon the Board, in session in the afternoon, and sent in a communication, but no notice was taken of it. The office was strongly guarded by policemen to prevent any outbreak. After nearly twenty years of litigation, and final decision by the Court of Appeals, attended with immense cost and immense fees to lawyers, a large portion of the Trust funds was paid over yesterday to the legal claimants. The deposit of J. J. Palmer, special receiver of the North American Trust and Banking Company, in the New York Life and Trust Company, amounting to about $600,00@ a $700,000, was yesterday withdrawn and paid over to the holders of the company’s trust bonds on ac- count of their claim, awarded by the late decision of the Court of Appeals. The balance of the assets in the hands of the special receiver, amounting to about the same sum, and consisting of bonds and mort- gages on real estate, will be paid over rateably to the holders as soon as collected. Only e portion of the funds thus thrown into the market have been re-invested here, the largest portion having been en- gaged to go out by the Arabia to-day. The reci- pients, Messrs. Palmer, McKillop, Dent & Co., of London, will doubtless be glad to receive even a portion of their old and long contested claim. After the President of the Board of Councilmen declared the Board adjourned, on Monday afternoon, a number of absent members made thefr appearance and a meeting was organized, when considerable routine business was transacted. Several bills for the erection of polls at the late election were laid over, and a number of polling places for the ensuing city election were selected. A communication from Peter Cooper, relative to the employment of the laboring classes, was referred to the special commit- tee previously appointed. A resolution offered by the President was adopted, requesting the Police Commissioners to procure suitable lodgings for the poor in the vicinity of the station houses, and asking them to supervise the matter during the winter. Councilman Mitchell's resignation was laid on the table. The bill from the Board of Aldermen in favor of paying Stephen H. Branch for his services in establishing the nativity of Mr. Matsell, was lost for want of a constitutional yote. The Board will meet again on Friday afternoon. Stephen H. Branch yesterday petitioned the Ten Governors for leave to go to the Almshouse. It was suggested that some employment might be found for the petitioner, and the document was referred to the appropriate committee. We hope something will be done for Mr. Branch. He has been harshly dealt with by the politicians in and out of the Common Council, and the Governors cannot do better than follow out the suggestions alluded to, Some burglars last night broke into the United States bonded warehouse in Greenwich street, near Beach street. The police of the Fifth ward pursued the thieves, and officer Fields shot one before he would surrender. The ball fractured the jaw in two places. He then surrendered, and was taken to the station house. The two accomplices escaped. The rogues had two hundred and two gold and silver watches selected already to bag. The watches were conveyed to the station house. The new Venezuelan Consul for New York is Senor Guzman Blanco. He left this city on the 9th inst, in the Watson, for Laguayra, with despatches from Senor Rivas, the Venezuelan Minister, to President Monagas. On his return he will assume the duties of his new office. Senor Blanco is, we anderstand, the son of Vice President Guzman, who was the leader of the liberal party in 1844, and who performed the famous Cromweilian act in dispersing that body in that year. A detailed account of the horrible tragedy at Port Jefferson, Long Island, on Saturday last, may be found elsewhere in our columns. Dr. Francis delivered a lecture last evening before the Historical Society. His theme was “ The Church, the Drama and the Opera.” We give a report of the lecture in another column. Mary Malligan, formerly a servant in the employ of Mrs. Cunningham, otherwise called Burdell, emi- grated some time ago to Cincinnati, where she found employment in the dressmaking establishment of a Mrs. Ruggles. Mrs. R. denounced Mary as being no better than she ought to be,” whereupon the latter brought an action for slander, and upon trial of the case the jury awarded her five hundred dollars damages. Clement C. Clay, Jr., has been re-elected by the Alabama Legislature to the United States Senate, for six years from the 4th of March, 1859. The sales of cotton yesterday embraced about 200 bales. based upon middling uplands at about 11 conts, and mid- dling fair do. at about 11}ye. The flour market was heavy, and Closed at easier rates for common and medium grades, while sales were moderate. The receipts wore also light. Wheat was heavy and rather irregular, with moderate tales of Western and Southern at rates given in another column. Corn was scarce, with small sales of Western mixed at 80. @ 82c., and Southern yellow at 860. aorke Pork was heavy, and with some increase in the supply of ew, prices were inclined to droop. Old meas sold at $19 25,_new at $19, and handsome or fancy new at $20. Prime was at $16 75. Sugars were in fair activity, with eales of about 1,226 bhds. of all kinds, and 350 boxes, at rates given in another piace. Coffee was steady. Sales of a} out 9,280 bags of St. Domingo were made at rates given elsewhere. Freighte to English ports were dull, and rates more or less nominal, To Cadiz about 1,600 bbis. flour were engaged at 85 cents. Within a week about 1,200 bbls. of flour have been shipped for ports in Spain from the port of New York. Tue Late Democratic Rarivication.—From the tremendous and enthusiastic gathering in and about Tammany Hall on Monday evening, reason were generally very good, but a deficiency of oe was everywhere complained of. The Council of Trinidad bad approved of the proposed scheme for the construction of railroads in that island. The discovery of gold near Demerara continued to at tract attention. F & were very langnid at Demerara, and rated at £2 10s. per ton. Kingston, Jam., had been visited hy a severe storm of thunder, followed by very beavy rain We have files from Bermuda to the 11th inst. ‘Mhe Royal Gazette of that day says:—The quantity of rain fallen during the mouth of October exceeds by one inch and twenty-three parts of an inch the quan- tity which fell during the mme month within the past five years. Mr. Arnold, of the United States army, who came passenger from New York, has heen eee Loire ‘ FRE halls leu OW asiulug: « it is evident that the democracy of the city were never more united or in a better condition for the work of an important election than they are now! The boly alliance of the Wall street stockjobbers has aroused the democrats to a degree of unanimity which promises the re-elec- tion of Mayor Wood by a majority of many thousands. From the sachems of Tammany down through all the rank and file of the party, it is understood that the battle is not simply an issue between Mayor Wood and Mr. Tiemann, but whether this citadel of the democratic party shall be retained in their possession, or given over to the enemy, as the starting point of their operations for 1860. That i¢ the great question. Let it not be forgotten. Highly Important from Engiand—Suspension of the Bank Act. The news from England, which we publish to-day, is the most important that has ever been borne westward across the Atlantic. The action of the American crisis upon the English com- munity had reached ita height on the 12th instant, when a universal panic took possession of the public mind in Great Britain, and on the next day the government issued a Treasury circular suspending the Bank act of 1844, and authorizing the unlimited issue of paper money by the Bank of England. In this event, the views which the Heraup has expressed fora long time back—views which were founded on a comprehensive, logical and rational study of the state of affairs, both on this continent and in Europe, and a careful sur- vey of the ramifications of material interests, unbiassed by the hopes or fears of interested parties—have been singularly and truthfully borne out; while the efforts of all the jour- nals, from the London Zimes down to the New York Courier and Enquirer, have been ceaselessly employed to convince the world that with their little brooms they could repel the advancing waves of the great financial tempest. We publish elsewhere a succinct account of the several suspensions which have been made by the Bank of England; but the present one must not be confounded with nor its effects judged of by those. Commerce was not king then as now; nor did England have, at the be- ginning of the present century, a young and powerful rival who could dispute with her for its crown. The present suspension is far more than a simple bank failure; it is the failure of the whole monetary and currency system of the empire, and will produce the widest spread and most lasting effects. The Bank act of 1844, con- trived with all the skill and experience of Sir Robert Peel, who began his career with the gold bill that brought about the resumption of specie payments in 1821, after twenty-three years of bank suspension, and which was counted upon as being the great preventive of the very thing that has now occurred, is demonstrated to be as weak as all the other devices that have been brought forward to stay the crash that comes upon the immense system of bank credits whenever public confidence is withdrawn. Much of the supremacy of England’s mer- chant princes will now pass away from them, and pass into the hands of their younger rivals on this side of the Atlantic. Her merchants have not the recuperative energy possessed by our own; and though the measure she has now adopted asa palliative for present disaster may afford relief for a time, she must go through the struggles of a resumption of specie payments, which may produce effects as perma- nent, though less immediately evident, as those of the panic. For these struggles she has not those vast resources that exist with us in our surplus crops of cotton, wheat and other pro- ductions of our vast fields and varied climates. Any speculations as to the effect of a recur- rence to an utlimited paper issue in England upon trade would be premature. It will be seen from our advices that the immediate effect was to cause a reaction in the declining tendency of cotton and other staples, as also in the public funds. Exchanges between Europe and Ame- rica have now become utterly deranged, and what may be their course and their effect upon trade can only be known when we learn the re- sult of the license to issue paper, now given to the Bank of England, Tie Wat Street Stock Gaworers’ Canpr- DATE ¥oR THE MayoraLty.—Mr. Tiemann, the Wall «treet candidate for the Mayoralty of this city, isa very good paint manufacturer, but a very poor specimen of a democratic candidate. Tle was first put forward by the stock gamblers in Wall street, who claim that he is a democrat. These stock gamblers are always engaged in bogus banks, bogus railways, and bogus opera- tions of all sorts. They have now gone into the business of making bogus nominations, Mr. Tiemann bas not the slightest pretensions to be called a democratic candidate; and here is the evidence:— AMERICAN REPUBLICAN NOMINATIONS. (Extract from the of the American Republican Nominating Committee. | The Convention thought it advisable to the following interrogations to the candidates, so that t! people might fully understand the principles and measures to which their candidates had unbesitatingly and unconditionally committed themse! vee — First—Are you in favor of amending the Nataral)zation laws, so as to require an actual residence of at least twen ty one years in the United States of all foreigners, to en Utle them to the elective franchise? Second—Are in favor of the repeal of the present Common Schoo! law, appertaining to this city? Third—Are you opposed to foreigners, or led citi zens, holding offices of hdnor, trust or profit, under the city, State or general government? Fourth—Wili you, if nominated, declare yourself the candidate of the American republican party onty, and if elected, feel yourself bound to carry out their views and principles ? ution respectfully «ubmit for your considera wing ticket, which is composed of our fellow have ¥ responded to the interrogato who are known to be honest men, of irreproachable character, and fully entitled to your confidence and support:— re nator—Mangle M. Quackenboe For County Clerk—Horace Loofborrow. For Sherifi—Charles Henry Hall For Coroner—James C. Forrester JOEL KELLY, Chairman Jons J. R. Dar, ) Jous M. DeGroot s Secretaries Resolved, That the General Exeoutive Committee of the American republican party recognise only the American Citizen, edited by J. K. DePuy, as the organ of the party DANIEL F. TIEMANN, Chairman, Jons B. Draws, Secretary Naw Yorn, Oct, 20, 1863. By this official document it appears that Mr. Tiemann was Chairman of the Executive Com- mittee of the American or Know Nothing party in 1843, when the first Native American organi- zation was established. He isa Know Nothing and a teetotaller, and is one of the most nar- row-minded politicians of that set. If he has ever been taken up by the democratic party, it bas been under false pretences, pretty much in the same manner that he is now put forward by the Wall street etockjobbers. Tur Monwons.—We perceive that in some quarters the policy of blockading the Mormons by a cordon of United States armies is recom- mended. We hope no such policy will be adopt- ed. The true policy is to give them no hope for the further continuance of their adulterous abominations in Utah, but every possible en- gouragoment to Jearg the gountry. ‘The Central American plomatic Movements in Washington. tertained by the British Cabinet that Mr. Bu- chanan will recommend, in his coming message, the abrogation of the Clayton-Bulwer treaty, and that in order to delay or defeat such a pos- sibility Sir William Gore Ouseley was sent to this country, and is to be followed by a new French Minister, appointed also to the Central American republics—Louis Napoleon having joined Palmerston in the policy of adjusting the equilibrium of America, The sudden importance which Louis Napo- leon has discovered, of having an agent in Cen- tral America, where heretofore France has not been represented, and this sending him to his post by the way of Washington, together with the attention that has of late been given by the French journals to Central America, are direct evidences of the part France has agreed to play n the new Palmerstonian programme for check- ng the southward progress of the United States. Palmerston, in fact, stands just where Lord John Russell stood when the Clayton- Bulwer treaty was negotiated, and has clung with great pertinacity to the British interpre- tation of it, which he yet hopes to carry, through the policy of delay. His only fear isthat Mr. Buchanan will take an open stand in favor of its abrogation by this country, as, during the discussions last spring, the Secretary of State, in view of the discordant interpretation put upon it by the two governments, proposed this should be done. Such a course is not at all relished by England, for then this country would be left entirely free to form its own policy in regard to those republics, while now, if they can but partially secure the British interpretation of the treaty, our hands are tied by the joint action. The idea of a balance of power in America is an old one with English and French statesmen; but hitherto it has met with signal defeat. It was the prime motive of the Elliott intrigues, of white hat notoriety in Texas, during the dis- cussion there of the question of annexation. It was the game that Chatfield was sent to Central America to play when he seized Tiger island, and Bulwer wrote him the celebrated letter tell- ing him that the Cabinet at Washington was a weak one, and he could play boldly. It stimulated Pakenham, the British Minister in Mexico, to arrange with Trist, through Manning Mackin- tosh, the terms of the unauthorized treaty of peace, by which our conquests there were given up, to the great chagrin of the Mexicans them- selves, and to the retardation of our progress for fifty years at least. It caused the seizure of the Ruatan Islands from Honduras, and the im- posing of conditions upon their return that looked only to their possible future admission into our Union. It has been the cause of every effort to get us into a joint meddling in Central American affairs, the Webster-Crampton pro- ject, the Clayton-Bulwer entanglement, the pro- posed joint protectorate for Mosquito, and nu- merous other schemes, out of all which we have happily got, save only the unwise Clayton-Bul- wer scheme, which is still an incubus to our government. This, however, they wish and hope to fasten on us, according to their own interpretation, ‘| too, and accordingly have selected a gentleman who is supposed to be a personal friend of Mr. Buchanan to go first to Washington, to befog the question there, and thence to Central Ame- riea, to carry out still further the intrigues of Mr. Wyke, the acting Charge of England in these republics, The new British Minister to Central America has been selected not be- cause he belonged to the ruling political clique in England—which he does not—nor because he is distinguished for any diplomatic ability— which he has not been—but purely because he was supposed to be less distasteful to us, as he married an American lady; and because, being a personal acquaintance of the President, he might, perhaps, find out what he intended to do, and perchance induce him to say nothing against the Clayton-Bulwer treaty in his next message. Mr. Ouseley is to be assisted, however, in Washington and Central America by a cunning agent from France, who has won his way to imperial favor by abusing the United States and praising the much more advanced civiliza- tion of the Central American communities. Mons. Felix Belly will go out charged with in- structions from the French Minister of Com- merce, as well as from the Minister of Foreign Affairs. His principal recommendation for this post seems to have been the publication in the Revue Contemporaine, for June, 1856, of an article entitled “On the Anglo-American Copflict, and the Equilibrium of the New World,” which has since been republished, with additions, in pamphlet form. In this article the policy of the United States is cha- racterized by every odious epithet of which language is capable; and the American charac- ter is painted in the most repulsive colors. The United States, he affirms, “is the hot bed of religious aberrations, where the most mon- strous sects find ready aderents; where the peo- ple are divorced from every moral sense and every Christian sentiment; where the elections | are carried revolver in hand; where the public law of Hurope is trampled under foot; and where, in short, every vice flourishes and every virtue dies! On the other hand, this amiable | philoeopher finds nearly every conceivable vir- | tue, the elements of the most exalted morality, sound Christianity, true conservati«m and the requisites for admission into the rank of Euro- pean civilization amongst the people of Central | and South America! “It is this Christian civili- | zation,” he exclaims, “of Central and South America which now appeals to our justice for security against invasion from Northern bar- varie!” ‘The discriminating Belly proposes a grand combination against the United States, on the part of these anarchical republics and the Powers of Europe; and a notable feature of his plan is to induce the Spanish-American go- vernments to adopt restrictive measures to- wards Americans, while offering liberal en- couragements to Europeans. Such is the scheme, and such are the agents to carry it out, that Palmerston and Ly Na- poleon have jointly devised. Lord Napier will hardly move the questions in Washington more than is absolutely necessary, and Mr. Ouseley, it { no more Borlands or Wheelers, or Joneses sent there, The missions to the countries of Spanish- America are of greater importance than those to European capitals, and should no more be look- ed upon as pleasant sort of Botany Bay for pertinacious partisans and unscrupulous appli- cants for place. How the British Public were Deluded. A question often presents itself in these times to imagining minds. It is—How were the British capitalists and their agents, shrewd men and well versed in business and. other rascali- ties, so thoroughly deluded and humbugged as they seem to have been with regard to the con- dition of business in the United States, and more especially with regard to the stability of the principal railway stocks? For it is quite plain that the panic took everybody by surprise in Europe: no one in England seoms to have had the least inkling of what was about to happen. The first idea, when the news of the beginning of the great fall in railway securities reached England, was that certain stockjobbers here, aided by the New York Heratp, had succeeded, by misrep- resentation, in knocking down certain stocks for gambling purposes; and that as soon as these gamblers had made their pile, the stocks would return to their old level, and business would go on as before. When this theory was disturbed by events, as it very soon was, others were adopted in its place; but from first to Inst the Britieh public, as a whole, seems to have been hopelessly blind to the real state of the case, and neither to have foreseen it before- hand, nor even to have realized it when it was a fact in the act of accomplishment before their eyes. What is the secret of this singular mys- tery? The key must be found in the conspiracy which was formed between several newspapers of this city and the principal foreign bankers, for the purpose of hoodwinking and—to use the right word, though strong—swindling foreign capitalists. For the last two years all the jour- nals of New York, with the single exception of the Hexatp, have incessantly urged upon pub- lic hotice the value of all kinds of corporate property in the United Sates, and the excellent thing it was to invest in stocks of some kind. | For two years the burden of the song of all these newspapers has been a prayer and a counsel to the public—abroad and at home—to buy stocks, especially railway stocks, at any price. The strain was of course kept up by the bankers who had stocks to sell. For two years the bankers’ circulars have preached the same doc- trine as the papers—namely, that everything was going up, that railways were the best pro- perty in the world, that they were all earning enormous dividends, and that a man who want- ed to double his money had only to go into the market and buy. This view has been pressed on public notice in every form and shape; ora- tory, statistics, argument, declamation have all been pressed into the service; no unfairness has been a matter of ecruple for the purpose of dis- crediting those who were not in the great Bull Plof against the Foreign Breeches Pocket. Incidentally to the stockjobbing interests, to serve which was the chief object of the Plot, the commercial developement of the country was also a subject of concern to the conspirators. It was proved fa the confederate papers that trade was never so flourishing, and that nobody, not even the dry goods dealers or the bankers, was in the least degree expanded, or unduly in- flated. This was repeated in the bankers’ cir- culars; aud the perfectly sound condition of every branch of industry was elaborately proved by figures. If any one ventured mildly to suggest that he did not think floating debts a benefit to railways or overtrading to merchants, he was frowned down as a maniac. Upon the Henan especial- ly did the wrath of the conspirators fall in tor- rents. No term of abuse, no insinuation of fraud, no suggestion of black mail, was spared to satisfy the public that our warnings ought to go unheeded, and our predictions be scoffed at. For more than a year not a mail went out to England without ome or more earnest appeals to English capitalists and mer- chants to suppress that mischievous pa- per, the Heranp; to discontinue their sub- scriptions, to get it out of sight, to keep it away from the moneyed men of England. The Anglo-American bankers did us the honor to consider our suppression in England as al- most essential to the success of their schemes of stockjobbing: and very vigorously, no doubt, did they struggle to achieve their purpose. They succeeded so well—they obtained per- mission from so many to substitute the New York papers which were in the plot for the dreaded Heraio—that when the crisis came, it burst like a thunderbolt on the British public, and found no man prepared for it. The Henatp's readers had been prepared for it long before; but those who had relied for in- formation upon the confederates of the Anglo- American bankers were of course taken by sur- prise, and suffered accordingly. Fate seems to be awarding to these conspira- | tors a very different reward from the one they expected. They calculated, with the help of their pet papers, to be able to sell enough rot- ten stocks to the English to make a good thing for all parties concerned; but the fortune is long in coming, and hard knocks are plentiful Of the two leading daily papers which were mainly instrumental in getting up the plot, the chief proprietors, Mr. Wesley, and Mr. McEl- rath, have both unfortunately failed; and close on their heels the proprietors of a largely circulated paper which combined trade with piety—Mesers. Bowen & McNamee—have also be- come insolvent. Another chief proprietor of another leading paper—which was also in the plot—is now likewise on the verge of insol- vency. Now the bankers are catching it. Every mail we hear of this or that Anglo American house—they were the leaders of the plot—going by the board; and according to the news by the Vanderbilt, published in an other column, there is probably not one of the original conspirators left. It is a sorry business; a losing one for all sides, a winning one for none. The English have been deluded, hoodwinked and swindled ; but the rogues, after all, have netted nothing by their trickery. is hoped, will be able to induce Mr. Buchanan to acquiesce in the Clayton-Bulwer treaty a lit- tle longer. The coming movements in Central America will be of great importance, for on them may hingemany of our future questions with the European Powers, and for this reason it is necessary that we should send down there not only a Minister of quick perception and ability, but one who can hold social and per- sonal intercourse with the leaders and the peo- ple of those countries, and not only under- * stand, but be understood by taem, We want ——————E Tae Kansas Extancuement—The late Le- eompton Convention has tangled up the Kan- sas imbroglio a thousand times worse than it was before. All the leading democratic organs, North and South, are running foul of each other like @ collection of vessels—large craft and small—adrift in a gale of wind. “It is a mighty pretty quarrel as it stands,” and we shall not attempt to spoil it. The kernel of the whole question we have already defined, and it is the submission of the test question of “slavery” or “no slavery” to the people will answer the purpose, provided always there is a fair bona fide and honest election. In the meantime the anti-slavery denunciations levelled at the Le- compton constitution makers by Mr. Forney’s organ and the home organ of Senator Douglas, and the New York Tribune, the pro-slavery apologies of the Albany Argus, and the fire- eating jeremiads of the Richmond Sowh and New Orleans Delia, are all boeh. We must await the action of the parties concerned in Kansas, and the show of hands in Congress, be- fore we can undertake to threaten anything or promise anything. Perhaps the President's message may throw some light upon the eub- ject. Let us wait for that. Tux Braancr or Impupence.—John N. Genin is a cool one. He has almost as much impudence as his old prototype, Barnum. He has advertised for the past three or four daysin our columns a great auction sale of furs at hie place, No. 358 Broadway, and has occupied the usual space for such advertisements, at the usual price. Not content with this, Mr. Genin sends us a request for an editorial of a startling character in relation to this auction. This is quite as strong a piece of impudence as when he nominated himself for Mayor. With just aa much propriety might we send to Mr. Genin for a startling present of muffs, cuffs, capes, gloves and what not. This’ is precisely the method that was adopted by old Barnum when he wasa bogus millionaire. He would importune us privately for favors, and then go about the hotels denouncing us in the most atrocious manner, We advise Me. John N. Genin, with his auc- tioncers, Messrs. Herta & Moss, to sell off as many of those muffs, cuffs and capes as possible at the best prices they can get. at will do them much more good than writing to the papers. THE LATEST NEWS. INTERESTING FROM WASHINGTON. ‘The Central American Lmbrogilo in Washing- ton—Interesting Intelligence relative to Sir ‘Wuliam Gore Ouseley and the New Freneh Minister—Presentation of Senors Escalante and Molina, of Costa Rica, to the President— Senor Molina’s Address—Mr. Buchanan hopes for a United States Central American Confe- deracy, dic. $ Wasmnatoy, Nov. 24, 1857, ‘There is a hitch in the Central American negotiations somewhere. I learn from the same undoubted authority that furnished me with the information yesterday, in re- gard tothe appointment of a French Ministor to Contral America in the person of Mons. Belly, that the British and French legations are much exercised upon those subjects. Lord Napier and Sir William Gore Ouseley have had long conferences upon them, in which Mons. Sartiges, the French Minister, bag in a degree participated. Palmer- ston and Clarendon arc both exceedingly fearful that Mr. Buchanan will recommend, in his first message to Con- grea, the abrogation of the Clayton-Bulwer treaty. Such a step on our part would deprive England of every hold she now has upon us in regard to Central Amorican diplomagy, except the moral one of our desire to so conduct th questions there as to conduce to the great good of al the world. ‘They are consequently using every means to preven such ® course on the part of Mr. Buchanan, and it wa ‘this that led to the appointment of Mr. Ouseley, who doe not belong to the friends of Palmerston, but was known te be an acquaintance of Mr. Buchanan, and supposed, beb sides, to be possessed of some influence in this country from being married here, and he thus made a good instru- ment for the chief operators who are pulling the wires bebind him, It will be recollected that the Central Ame- rican questions and the Clayton-Bulwer treaty formed a prominent subject of anxiety to Lord Napier on the ea- trance of Mr. Buchanan into office last spring, and was frequently alluded to in my despatches. As Palmerston could not carry his point then, he succeeded in having the subject laid over, and during the summer Lord Napier haa ‘not referred to it ip his official intercourse with the State Department. Palmerston and Clarendon have since got Louis Napo- Jeon to join them, in order to increase the moral weight en the European side of the question, and France has deter- mined to send a Minister to Central America, where she has never before been represented. The object is, as the French term it, to arrange the equilibrium of Amorica, and with Palmerston it is the old idea of preventing our extension southward. The abrogation of the Clayton-Bul- wer treaty would leave us perfectly free to take such course as events might render necessary, and the con- Stantly increasing influence of our government in all the Spanish-American republics is looked upon with great jea- lousy by the English and French cabinets. Their wish is to keep that treaty in force, because it ties our hands for independent action, under (he Palmorstonian intorprota- Vion of it, and brings England in as a party to every step. ‘They believe if they can provent Mr. Buchanan from re- commending its abrogation now, they will ultimately suc- ceed in establishing their own interpretation of it. This is the great object of Sir Wm. Gore Ouseley's visit here, where he has determined to remain several months, and will take a furnished house for his family, and which is to be followed by that of the now French Minister to America, in order to consult with Mons. Sartiges and follow up the game. Under the circumstances, it ie very doubtful what view Mr. Buchanan will take in his message regarding the Clayton-Bulwer treaty, or whether be will touch it at all. It has been determined to send Gen. Mirabeau B. Lamar, ¢x-President of Texas, as Minister to Central America, and be ts now here. Gen. Lamar is a man of the right political stripe, but he has been retired from public affairs for many years, and is too old for a mission to those countries where physical endurance is as re- quisite as a clear, quick and comprehensive grasp of mind. A younger man would, perhaps, have been better able to undergo the physical toil that will have to be em- dured there. These are too apt to debilitate the mind, and in fact killed the Minister we lately semt to Guate- main, Contral America may yet be the pivot of much of our European diplomacy, and a young and able mam should be sent there, ‘Senor Kacalante and Senor Molina were to day presented by Secretary Cass to the President, as special envoys from Costa Rica to this government. Senor Molina’s credentials as such were brought by his colleague, with instructions for them to act together. Senor Molina thus addreased the President:— Mr. PReaDRT—The government of Costa Rica, actuated by the most friendly feelings towards the United States and their enlightened admimistration under President Bu- chanan, and by liberal views on matters of paramount im- portance to both countries and of groat interest to com- merce, deemed it convenient to credit as on a special mia- sion as Envoys Extraordinary and Ministers Plenipoten- tiny near this government, in the hope that this miasion, being received with a similar friendly and liberal spirit, may contribute to strengthen and develope the good role tions already established by troaty between the two oa- tions. While we have the honor to hand to the President f the United States the lettors that credit us in said ea pacity, it is our duty to express the confidence in the tm- egrity and wisdom of the federal government entertained: ly the President and the people of Cota Rica, for he preservation of thoe rights and legitimate interests which belong to that republic as @ sovereign State. Sharing the expectation of our government, we shall do everything in our power to deserve tho benevolence of the American government and the people in fulfiment of our duty; and we should deom ourselves most happy if we had the fortune thas to be instrumenta] in the advance- ment of those principles of justice and freedom on which the foundation was laid of the wonderful greatness of this republic. In reply, Mr. Buchanan exprewed the pleasure he fele in receiving these gentlemen thus accredited, and assured. them that the United States could wish no wrong to Coste Rica, but her wish and poliey would be to advance and prosper her interests; and that he would be rejoiced to som all the Central American States united in one confederacy. Mr. Slidell has declined the mission to France, and now says he knows of no cont gency under which he would be willing to accept. Secretary Cobb received to-day a handsome mahoganyt | cane containing specimens of the telegraph cable, bat ha will not favor the entorpriae. @ioply tain—that the Leoompiva provisiva (ye | yrders were to-day inqued from the War Departmem ———