The New York Herald Newspaper, December 26, 1857, Page 4

4 NEW YORK HERALD. JAMES GO TOR AND PROPRIETOR, OFFICE N. W. CORNKR OF FUL EATRE, BROADWAY—Afternoon and Ay Zooioeroal AND HirropRamic Ex —Tient Rore Feat wasten—Tiour Rore Kv ROWERY THEATRE. Bowery—Afternoon and Evening, Facesteian, Gyanastic ap Kuernastine Prats—Musaa Pue BURTON'S THEATRE, Broadway, opposite Bond atreot— Rvening, He Wou.p as a» Acton—Tae Great Gum Trick— You Re ANOTAER—Siames TWINS. WALLACK’S THEATRE, Broadway—Tar Poor or New one. LAURA EE! 8 Hamigguix Bie Braxp. Haniggois Bive Beaso. AGADEMY OF MUSIC, I or Martma, witn batier. BARNUM'S AMERICAN MUSEUM, Broadway —Afieraoon oud Bveulng, Vairntixe axp ORSON WoON'Ss BIIT irosdway—Aflernoon, Comsioan BROTHRES— street—Crnwan Orera PINGS, 561 sod 563 Broadway—Grorce Cwawrr & Woon's Minstaxis—Mr Fstenp Brack Gromer reom Waite Puaiss, BUCKLEY'S OPERA HOUSE, No. 53 Broadway—Erm- OPIAN Moniz: —Dows 1s Mississirre MECHANIC'S FALL jroadway—BRYANT's MINSTRELS —ETHiOPLAN SONGS—MOTLEY BaoTMERs, NATIONAL CIRCUS, 8 Rowery—Equgstauan, Grunastic Aonoaric Feats, Ac The News The ateamship Persia, from Liverpool afternoon of the 12th instant, arrived at this port yesterday fore noon. The news by this arrival, which is three days later than previous advices, is of a very interesting character. Cotton was in limited demand, and prices of both new and old had declined half a cent per pound. The market closed quiet on the 11th. The sales during the week amounted to 20,300 bales. Flour had recovered from the decline last reported, while provisions were quite neglected. The London money market was buoyant on the 9th, 10th and 11th instant, and an improved tone was observable. There was not sucha heavy demand for money at the Bank of England, and gold wag daily flowing in in large sums. The announcement of a number of serions jal failures on the 11th, therefore, created se, and consols on the evening of that day closed at #1j.a 91}. On the 12th consols for account were quoted at 91j a 91]. The American fiuancia! crisis had develeped its effects on the Continent, and the most serious results were being felt in Madrid, Vienma, Berlin and Ham- burg, while the pressure had set in intensely even in St. Petersburg and Warsaw. At St. Petersburg seve- ral houses had stopped payment, and among them that of M. Balden, whose liabilities amount to about a million of roubles. Apprehensions were felt for Warsaw, and all houses in connection with Poland. Affairs at Hamburg were very slightly improved. The following heavy failures were announced from the day of the sailing of the Adriatic (on the 9th) up to the evening of the 11th inst.:— (. Ward, West SmithGeld, e, Semon & Co. HAMBURG. ©. A. Staelen, T. O. Sbubach, H. Rucker, C Godett, Campe & Meyer CH. Lutee &C ETRRSBURG M. Baldeo WARSAW. Hermann, Meyer, Kintz & Co. The liabilities of three of the London houses alone | amounted to 5,800,000, and the amounts due by all the others were exceedingly heavy, but are not men- | tioned. The head of the firm of Pontoppidon & Co- acted as Danish Consul in Hamburg, and the house beld large sums paid in liquidation of the Sound dues: they were, therefore, aided by the banks of Copenhagen and Hamburg. Parliament had passed the Bank of England In- demnity bill, and it was to be signed by the Queen by the 12th inst. The joint stock bank system of Great Britain, the Suez Canal project, the American slave trade in Africa, and the French negro emigra- tion system were also considered. With respect to the atter Lord Clarendon gave it as his belief that the French plan had unquestionably a tendency to revive the slave traffic and cause great injury to the grow- og trade of England on the African coast. The Persia brings later news from India. It is dated at Calcutta on the 10th and Bombay on the ith of November. Generals Havelock and Outram were 80 closely besieged by twenty thousand sepoys at Lucknow that no direct communication had been had with them during three weeks, except a few lines. They hoped to he able to hold ont until re- ved. There was mnch severe fighting around ‘know, and Outram’s division was terribly cut ap. Generals Sir Colin Campbell, Greathead and Grant were marching to their aid. Sir Colin crossed from Cawnpore into Oude on the 10th of November ere were no fresh outbreaks, but the mutineers of nap marching for Oude. ne life ¢ og of Delhi was to be spared. | e Scinde, the Panjaub and the Nizam’s country were quiet Int e from Hong Kong to the 30th of Octo- i reached England. The English and French Ministers w both in the city. Preparetions were king for the assault of Canton, and a French ship- of-war had proceeded up the Canton river. The ex- pedition to the north had been abandoned. It is re- ported that the French are fitting oat an expedition China, and that the land force alone will comprise three thousand men. The Russian ambas- | sador had been refused permission to proceed to | Pekin. Officia! reports from Shanghae state that the Chinese had demanded the immediate evacuation by the Rassians of territory onthe Amoor river claimed by China. This movement will probably lead to a forther complication of the China question, as affords the Russians pretext for their co-operation with the English and French at Canton. Indeed, a Rassian naval squadron is already under orders for the Chinese seas. From South America we have advices dated Buenos Ayres 24, Montevideo 5th, Rio Janeiro ‘4th, Bahia 18th, and Pernambuco 21st of Novem- ber. Brazil was assembling a large steam fleet, with @ view to a war on Paraguay. The Don Pedro TL. Railroad was to be opened on the 2d inst. The Rio coffee market remained entirely inactive. A stock of 180,000 bags had accumulated, and it was supposed thata heavy fall must take place. At Pernambuco about 2,860 tons of sugar were in atore, r sale or shipment; and 2.700 to 2.750 per arroba yeen paid for channel browns, and 2.800 to 5.000 + American yellows. Buenos Ayres wax kept ina state of uneasiness by the Indians. Produce wagqvery At Montevideo all wae quiet, saving a little excitement with respect to the coming elections. Swited hides for forward delivery, 95. The steamship Gambia had arrived in England | m Africa, with dates at Fernando Po to the 3d, acarce, tonny 6th, and Ta ith of November. She had *20,000 in specie and 2,000 onnces gold dust. re was nothing of importance transpiring on the Senate not long since adopted @ resolation ‘ng on the President for al! correspondence that | passed between France and England and oor rhmemnt with reference to claims for indemnity + leqed lonses by the bombardment of Greytown. tingly the letter of M. Sartiges, urging the of French subjects to indemnification for ned on asion, and the reply of the reclamation, have been yM NEW YORK HERALD SATURDAY, DECEMBER 26, 18657. brought to light, and are both published in our columns this morning. The arguments of Mr. Marcy were ao resistleas that no claim has been preferred on behalf of subjects of Great Britain. The police on Monday night arrested about a dozen persons who attempted to pass counterfeit bills on the John Hancock Bank of Springfield, Mass. Shop- Keepers should be on their guard, and not receive any of such notes, The corner stone of the new Broadway Tarbernacle church, to be erected at the corner of Broadway and Thirty-fourth street, was yesterday laid with appro- priate ceremonies. ‘The Crisjs with the Democratic Party—The « Prospect fur 1860, The great and searching political revolution, which was commenced with the administration of poor Pierce, has at length reduced the demo- cratic party to the very verge of diasolution. The once pawerful whig party was wrecked and broken to pieces among the shoals and reefs of the slavery question; and the formidable Ameri- can party, which grew up into an overshadowing national organization as in the course of a single night, perished under the blaze of the slavery excitement as suddenly as Jonah’s gourd under the beams of the noonday sun. The democratic party, in its turn, is now reduced to the same ordeal, and from all the signs of the times, it must suffer the same fate of a radical and de- cisive disruption. The test, indeed, between the pro-slavery ideas of the South and the anti-slavery senti- ment of the North, was very severely applied in the election of 1856 ; and neither the personal popularity, nor the conservative antecedents of Mr. Buchanan, nor the accommodating conces- sions of the Cincinnati platform, would have saved him from a crushing defeat but for the intervention of Millard Fill- more as an outside opposition candi- date. Thus Mr. Buchanan was elected as General Taylor was elected, and as Mr. Polk was elected, by the balance of power which the other side threw away upon a third candidate; but, notwithstanding the respect- able vote polled in the North by Mr. Fillmore, so narrowly did Mr. Buchanan escape a defeat, and so overwhelming was the combined vote of the opposition forces, in almost every Northern State, that the general result could not fail to convince every Northern democratic politician that, from another such contest upon slavery, not a vestige of his party would be left standing north of Maryland and the Ohio river. This view of the subject throws a flood of light upon the late Kansas coup d’éat of Mr. SenatorDouglas. We cannot satisfactorily ac- count for it upon mere personal disappoint- ments in reference to the administration, nor in reference to the ingratitude of the fire-eaters of the Cincinnati Convention. Self-preservation is the first law of nature, and the main plank in the platform of every politician; and with every aspirant for political honors, charity begins at home. Last autumn, in Iili- nois, the democracy, upon their State ticket, with Mr. Rictmrdson, (House Chairman on the Kansas-Nebraska bill,) as their candidate for Governor, were sig- nally defeated; and Mr. Buchanan would have sbared in this defeat, but that the opposition, which was united upon the Governor, was di- vided upon the President. The Fillmore party were under the delusion that they could carry the Presidential issue into Congress, if they could prevent the election of Fremont by the | people; and hence the Know Nothing managers cheerfully assisted in making an opening for Mr. Buchanan in New Jersey, Pennsylvania, Indiana and Illinois. The united opposition could have carried all thege States, under the tremendous pressure of th sas excitement; and of this fact Mr. Douglas and his Northern ; democratic supporters and organs are fully aware. Hence, the first law of self-preservation has admonished Mr. Douglas that he has gone as far in his slavery concessions to the South as he can possibly go, and that if he would save himself at home he must take the back track. This is the solution of his case, and all the other considerations involved in it are subsi- diary to this. From this point, then, let us cast our horoscope for the future. We take it for granted that Kansas must be admitted as a free State: the passage through the popular branch of Congress of the Lecomp- ton or any other State constitution, as a slave State charter, ie out of the question. Assuming that with the admission of Kansas as a free State all Presidential relations between the Southern fire-eaters and Northern democracy will cease, and that from this point the party will be divided into a Northern and a Southern, an ultra pro-slavery and an anti-slavesy party, what next ? The Northern democracy will have their Presi- dential candidate; the Northern republicans will have theirs; and the Southern democracy will not only have their sectional candidate, par excellence, but they will most probably take good care to give him a Southern platform which will secure him the solid vote of the South. On the other hand, in the new departure, on the anti-slavery tack, of the Northern democracy, they may divide the Northern vote so as to defeat an election by the people. In this event the election will go into the House, where, under the rule, which gives to every State one vote and to each State only one vote—New York or Florida—the South will be able to elect their man, or to dictate the terme of the election. In the meantime we perceive that our South- ern propaganda of Southern institutions are actively turning their attention from Kan- sas, which is lost, to Mexico, Cuba, and Cen- tral America, which may be saved and ab- eorbed. There is something in this con- nection most strikingly suggestive, in the appa- rent ease with which Gen. Walker, in the South, mustered, armed, equipped, and sailed upon bis late expedition to Nicaragua. Here in the North we imagined he was upon a fool's errand; but our incredulity ie at length removed. His wonderful success in the South, in the collection of men and munitions, under the pressure of this financial crisis, indicates very forcibly the Southern popularity of his enterprise and the | ultimatum at which he is driving. There is something also very significant in | the sensitiveness of the Southern members of the Cabinet upon this subject of filibustering. If we may believe half the rumors upon the sub- ject. the harmony of the Cabinet has been threatened upon this question ; and some mar- gin in the premises must be allowed to the citi- zens right of expatriation or emigration, or else there will be another rupture in the family. Whatever may be the exact state of the case in the Cabinet, it is very evident that the men of the South have lately turned their attention southward for Southern accessions of strength ; and upon this matter it is possible that, by a judicious course of conciliation, the adminis- tration may at the same time strengthen itself and harmonize the party. But, on the other | San! hand, a violent course of résistance to this new Southern programme may not only precipitate the diseolution of the democracy in the South, but so far complicate the sectional troubles of the administration as to leave it without a party in either section. For good or evil, North and South, we are closing up the last chapter in the history of that great national party which was organized under Gen. Jackson. Its prestige of invincibi- lity, its unity, its harmony, its discipline and its strength are gone. The reconstruction of its broken battalions depends upon sectional issues raised by two little filibusters of the name of Walker. We await the closing scenes of the drama. The Financial News from Eurepe. No one will be taken by surprise by the news that, amid the general contraction of business in Europe, the failures should rather increase than diminish in number. Such, as will be seen by our extracts from foreign files by the Persia, seems to be the fact; while the funds are steadi- ly rising, and in certain quarters very conside- rable relief is beginning to be experienced, the number of mercantile failures increases steadi- ly, as well in Great Britain as on the Continent of Europe. As the struggle progresses, the slaughter of mercantile houses aaturally pro- ceeds with increased impetus, each failure ren- dering others inevitable, until the entire body of the over expanded merchants has been swept from the commercial arena, Those who remember the struggle which ac- companied and followed the revulsion of 1837 can realize at once the movement that is now going on in the commercial world. The failures in that year, prior to the suspension of the banks, were few in number; it was after the banks suspended, and especially after they re- sumed, that the full severity of the crisis was felt by the merchants, and thot terrible list of bankrupts—over thirty-eight thousand in all— reduced to take the benefit of the act. The foreign merchants are sounder, perhaps, as a general rule, than the mercbants of this coun- try were in 1837; but a vast proportion of them nevertheless bave been eapanding—on the strength of California and Australia—far be- youd the limits of prudence and discretion. These, when the revulsion burst upon them, be- gan to struggle. Some obtained help from | that the merchan' ‘all be able to pay 4 hundred cents on the dol- banks, some from friends; some procured an extension of their liabilities: and thus but a few only were wrecked and disappeared in the first outburst of the storm. But as neither help from friends nor extensions can ultimately avail to liquidate real liabilities, the ultimate fate of these houses—constituting full a half of the commercial community—depends on the means which can be realised from the sales of their property. And of the fearful depreciation in the value of property of all kinds the market and commercial reports in every day’s papers contain crushing evidence. As the revulsion was a collapse of inflated values, the recovery must date from the inaygu- ration of new and more nearly intrinsic values. The merchants and brokers may be bulls and bears by turns, and one day see the horizon couleur de rose, the next, black as Erebus: i} is to be expected that the merchants who are in liquidation will carry on a long and strenuous contest with the new merchants, who have sprung up since the collapse in order to take the places of houses which have broken: but the public may rely upon it, no real recovery will take place either here or in Europe un- til all kindsof property, real aad per- sonal, merchandise, produce and goods of every -description, fall to an approxi- mation to the price at which they were held some years ago. If California and Australia have, as is calculated, added thirty per cent to the amount of gold in the possesion of the world; and if the amount of that gold which is known to have been absorbed by india and China be deducted, leaving as a balance the exact per centage by which the gold diov- eries have enriched us; by so much ané no more may property be rated higher than it was in 1848. We have, as is known, treated the California and Australia gold as a wild cat banker treats his bullion; on the strength of every dollar we have received we have ex- panded ten to twenty. and property, as a neces- eury consequence, has risen in value not fifteen Wut one hundred per cent. This error—wheh caused the revulsion—has now to be retraced. No recovery will he permanent uatil it is, The position of the banks of Europe affords no more criterion to the position of the country than our city banks do to our trade. Nothing can be gathered from their statements that te'!ls the whole truth about them, save only the fact that both in England and on the Continent they are continuing to carry many mercantile howes which otherwise would fail. We note, again, as before, the absurdity of the so called informa- tion about the Bank of France. In Germary the crisis does not yet appear to have reached ite climax, and it is quite impossible to say 'o what lengths it may not proceed. Those err gravely who argue that becavse our banks are so rich, and because Decemter has been so calm and quiet a month, and de- cause the commercial community of England is recovering from the effects of the revulsion, therefore we shall have no gore trouble, and the spring business of 1858 will be like the spring business of 1857, or 1856, or 1855. It seems, in all human probability, that we shall be the firet of all the commercial nations to re- cover, and that our injuries by the revulsion will be the least fatal of any; because we are a debtor nation, and do not suffer by not paying our debts and keeping the foreign goods we bought on credit, and our own produce as well. But to pretend that we have done with the matter, and that all oar trouble is ended; that all the notes which fall due this spring will be met, and that the depre- chation which is going on in every article of merchandise and every kind of property will be borne with fortitude and complacency ; finally who are in liquidation will lar, is wickedly and mischievously preposterous. Tue New Ternrrory or Anivova.—It is stated that twenty or thirty fat gold and silver mining | schemes are hidden away nicely and quietly under the movement to induce Congres to or ganize thenew Territory of Arizona. If thie be true it wil be advisable for Congress to pase the bill organizing the Territorial govarn- ment at once, and thus give facility to"the gathering of a new gold and silver cron which may bring us next year from tweaty twenty-five millions of dollars. With the ‘ a | crease in the California crop this would give vs about ninety millions of dollars—a good specie capital with which to commence the good ¢ of next year Objections to the Park as a Post Office Bite—Leesons Borrowed from the Ex- Pertence of Older Times, We are inundated with communications re- monstrating against the vandaliam of sac- rificing the Park to the wants of the Post Office Department. Could no other or more suitable site be obtained, there might be some show of necessity for appropriating a portion of it to this purpose, though even then the sanitary considerations in favor of its being left in its present state would outweigh, with us, the inconveniences of a badly situated Post Office. The public health should at all times be the paramount consideration in city legisla- tion, and it is precisely in this regard that our city Boards have always shown themselves most indifferent. We sacrifice too much to fancied business necessities as it is, and now, not con- tent with overworking both body and mind, we are about to’ give up the few natural advantages which our’ city possesses in the way of open spaces—its lungs as they are properly consi- dered—to the ever craving demands of the Mo- loch whieh is consuming the physical healt of our community, e In no other city of the world is such infatuation to be witnessed. The older communities of Europe, taught by their expe- rience, are everywhere seeking to burst the limitations imposed upon them by old corporate restrictions and barriers—the growth of sani- tary ignorance—and to create in their midst the very spots that we are eager to destroy. Look at what has been done in London within the last quarter of a century. Not only have whole streets, the centres of moral and epidemica! in- fection, been cleared away, but parks and squares have been opened in the more populous districts, to serve as breathing places for the masses of human beings crowded into their con- fined streets and alleys. St. Giles, which was for ages famous as the haunt of the beggars and thieves of the metropolis, and the fruitful source of pestilential visitations, has within the last few years been transformed into quite an open and healthy locality. Bethnal Green, which had also a bad suburban reputation, has undergone a similar purification, and the new Victoria Park, in its vicinage. now serves as a sort of ventilator to its atmosphere, as well asa place of exercise and recreation to its artizan population. Everywhere, in fact, where the lessons of sanitary experience could be brought to bear on the public health, the cor- poration of London, with the aid of its able inspector, Dr. Simon, has not hesitated to ap- ply them, even to the arbitrary sacrifice of eco- nomical considerations or even of public con- venience in other respects. In Paris, under the personal direction of Louis Napoleon, we find works of a similar character everywhere in progress. It is charged against the Emperor that it is his ambition and not his philanthropy which suggests the improvements that are now ventilating and beautifying bis capital; but whatever may be the motive, it is quite certain that the public works that have been carried into effect in Paris during his reign have con- ferred immense sanitary benefits upon its popu- lation. The clearances that have been made of confined and crowded neighborhoods, the broad channels of ventilation which have been opened by the continuation of the Rue de Ri- voli and the construction of other wide streets, and the compulsion which all these improve- ments have exercised upon the thousands dis- placed by them from their hive-like and un- wholesome tenements to s the more open space and purer atmosphere of the suburbs, have had a sensible effect upon bills of mor- tality. We are pursuing a course the oppo- site to this. We are yielding up, one by one, the green spots and breathing places which our | forefathers wisely appropriated to the necessi- | ties of the public health, and the more essential in our case because of the arbitrarily limited site of New York. And we are doing this, be it observed, without a shadow of reason, either as regards the public convenience or the prospective improvement of our city. Instead of seeking, | like the manicipalities of London and Paris, te remove from our midst the moral and physical plague spots which are a continual source of anxiety and trouble to us, and to devote the space thus obtained to useful and healthy par. pores, we hug our cores and make up our minds to bequeath them to our children as an inhe- ritance. Thus the Five Points viously the cheapest and most central site for which is ob- the new Post Office. and the clearance of which of its present deniz would be a great public benefit, haf been wholly overlooked in the consideration of a titting location for it. Its present character and surroundings would in any other city be a motive for its selection, inasmuch as the erection of a public huilding like the Post Office in its centre must have the effect ming the whole neighborhood and rai the value of property there. We prefer, however, to per- petuate an existing nuisance: and not satisfied | with this, we are now about to create another | hy sacrificing to the wants of the Post Office | one of the few remaining lungs of the city. The folly, the infatuation{of such a proceeding, | is only to be accounted for by the corrupt in- fluences that are always at work amongst Any job is likely to find favor with our city Boards which will enrich the public treasury their individual advantage. The citizens at | large will, they may rest assured, never derive 4 ehilling’s benefit from the eam that is to be received from government for the Post Office site. It will all pass into the pockets of the | hungry cormorants who live upon the public | spoils; and thus present and future generations | will be made to suffer for the cupidity and gteediness of those who have been unable to re- sist so tempting a bait Trovwi.s Amono tae Sroitsmes.—Mr. Ben. Wood, the brother of the ex-Mayor that is to | be, is the principal proprietor and controller of the News. Under his direction it professes to breathe nothing but the purest atmosphere, eat | nothing but fresh oysters, and drink nothing but the unadulterated spirit of democracy. Its Washington correspondent, however, seems out of temper, out of sorts and out of spoils, He expresses a wish that certain high officials sbould be “stabbed to the entire core;” that is, they should be killed outright. Is there no method of assuaging the ferocity of this sangui- nary individual without proceeding to such ex- veme measures? Could not the News be quar- red upon the mavagers of the policy awin- dies or the illegal traffic in lottery tickets? Try , something to quiet hie nerves, and do it very s000 ) Rerriastsm av ocr Doors, —Editorial abuse of | Caleb Cushfrig, lately Attorney General of the «| United States, may befound fn the columns of ibune two or three times a week | West. | sition ‘The New Aspect of the Central Ameri°®" QuestionySouthern Sentiment and Brit” Intrigue, Most of the members of Congress have gone home to eat their Christmas turkey, and the Washington correspondents tell us that the diplomatic corps are busy with the compliments of the season, while Lord Napier and Sir Wm. Gore Ouseley are waiting further instructions from Palmerston in regard to Central Ameri- can affairs—they considering the new Nicara- guan treaty to be a virtual abrogation of the Clayton-Bulwer stupidity. The whole course of the British government in relation to Central American affairsis marked by that matchless system of impudence and intrigue that has characterized its pelicy of bullying and cheating the lesser powers of the world into an acquiescence with its grasping procedure. Palmerston is by turns the bully and the sycophant of Europe; and though he sometimes meets with a check—like that from the King of Naples, backed up by the Russian circular,—or at others is led to play second fid- dle to some stronger man—as with Louis Na- poleon,—still he continues his system of bully- ing and intrigue, in his management of the fo- reign relationsof England, for the simple reason that it is his nature, and he cannot comprehend any higher policy. We care nothing for his doings in Europe, or Africa, or Asia. It is not the policy of the United States to meddle with the domestic affairs of those countries, and we take no interestin the question whether a Bonaparte shall be placed on the throne of Mol- davia and Wallachia, an exotic despot sustained in the misgovernment of Greece, or an idiot Bomba or a foolish Murat rule the lazzaroni that cluster round the foot of Vesuvius. But when he brings the same system across the At- lantic, and after having in vain tried threats to enforce our government to accept his reading of that piece of consummate stupidity—the Clay- ton-Bulwer treaty—he consults the Yankee money brokers on the London Exchange, and on their recommendation selects a gentleman with American connections to come over here, under the guise of Minister to Central América, and deliberately opens a lobby agency at Wash- ington, in order to intrigue against the natural course of our national developement, it is time he were told what is his proper place, and to mind his own business. For a long time last spring Lord Napier en- deavored to get his finger into the Central Ame- rican questions at Washington; and when he found at last that the common sense of the President and his Cabinet saw through the whole scheme, and. were not disposed to be hoodwinked, he frankly ‘told Palmerston how matters stood, and that some new plan was necessary in order to ensure the success of his designs. It is this that has led to the es- tablishment of a British Central American mis- sion at Washington, and great hopes are enter- tained that it will succeed in defeating the ab- rogation of the Clayton-Bulwer treaty. Under the present difference in construction of this treaty Palmerston can not only carry out his schemes in relation to the Bay Islands and the fine naval stations of Ruatan and Greytown, but may obtain some further advantages in the present distracted condition of the Central American republics. Under these circum- stances, and the pressure of pending events in Central America, it behooves Congress to act immediately after the holidays upon the recom- mendations of the President's Message, and not only abrogate the Central American treaty, but pass the laws necessary to enable the govern- ment to carry out the stipulations of the new treaty of Nicaragua. Such a course would not only settle all the filibuster movements toward Central America, but give our national pro- gvess in that direction a proper direction and restraint which would redound to our perma- nent advantage, and at the same time avoid much internal dissension at home. But whether this is done or not will not affect the final issue. The peo- ple of this country have long since deter- mined to take no part in the concerns of Eu- rope, and to permit no European Power to in- trigue and prevent the natural developement of our growth, If Congress will not abrogate the Clayton-Bulwer treaty, the people will; if Congress will not authorize the Executive to Awmericanize the isthmus of Nicaragua, and thus give safety not only to our own commerce there but to that of the whole world. the people will; and should the Britisb, or any other European government, attempt to interfere forcibly in the matter, and Congress should not at once defy them, there will be such a political reval- sion from one end of the country to the other as has never yet been known in our history. The resolutions of the Mobile meeting, which we published yeeterday, are pregnant with matter for deep consideration. All parties in the South unite upon the platform of the Ame- ricanization of Nicaragua, and its principles are not repugnant to the North, for it opens new markets for the fabrics of New England, the coal, iren and machinery of New York and Pennsylvania, and the meats and grains of the The sooner the politicians of America and Europe come to recoghise these great truths, the sooner will the Central American questions be placed on the firm and enduring | basis of complete Americanization. Lovrs Napotxon axp tae Nicowns.—Lord | Clarendon and the neophytes‘of Exeter Hall do not seem to be very well pleased with Louis Napoleon's new speculation in niggers, and have had the subject overbauled in Parlia- ment. Their chief argument against it is, that , he is setting all the African chiefs to catching slaves for Martinique and Guadaloupe—thereby interfering greatly with the commerce in palm oil, which enters largely into the composition of British eoap. Clarendon says he has remon- strated with Louis Napoleon about this matter ; but, from the tenor of his speech, we do not see hat he got much satisfaction, The fact is that Louis Napoleon is a man of hard-headed sense; and he probably told my Lord Clarendon to mind his own affairs, and he would take care of those of France. The family of nations, like all other families, gete along best when each minds ita own business and don’t meddle with that of others; and Louis Napolgon has given England a sharp lesson on her meddling dispo- Will not some sensible member of Con- gress move, at an early day, a vote of thanks to the French Emperor for this practical lesson to the Paul Pry of nations Goon News rom tir Boroers.—The latest news from Kansas is to the effect that there has heen a pitched battle at Fort Scott, in which five border ruffians on one side were killed, and twenty on the other side taken prisoners. This is all good news, and everybody would be delighted to hear that the fures had beep two or three times multiplied, There are probably more vagabonds deserving of the halter in Kan- sas, with a population of two or three hundred thoyisand, than in all the rest of the civilized world put together. The politicians on all sides, and in all parts of the country, have sent to that Territory all the rowdies and ruffians they could pick up to fight out a certain amount of political capital. If the President would only call off the United States troops and allow the ruffians to put each other out of the world after their own manner, it would be a very de- sirable thing for the conservation of the peace of the country, and save the hangman a great deal of hard labor hereafter. Harp Times amona THe Newsparers.—The Washington Hra—a strong but fair-minded anti-slavery newspaper—says that the revul- sion has reduced its patronage one-third in amount, We believe that all the anti-slavery journals at the North are reduced even more than that figure by the hard times. In the same period the aggregate receipts of the New Yorx Heratp have increased. THE LATEST NEWS. Destructive Fire in Buffalo, Burrato, Dec. 25, 1867. ‘The variety store of Henry Hart, No. 171 Main street, was destroyed by fire at about 4 o’clock this morning, together with a stock valued at $20,000, Insured in East- ern companies for $10,000. The building was owned by Wm. A. Sutton; valued at $10,000, and insured in the Buffalo Mutual office for $2,800. The stock of H. Stillman, dealer in hats, caps and furs, the next door south, was damaged by water to the amouat of $6,000; insured in Massachusetts companies for $4,000. The stock of Tweedy & Smith, hat, cap and fur dealers, the next door north of Mr. Hart's, was also damaged by water to the amount of $2,000. Loss covered by in- surance, Observance of the Day in the City—The Charitable Institutions and the Poor—The New Tabernacle—-Rows Between Target Parties and Stage Drivers and Dead Rab. bits, &. Yesterday being the festival of Christmas, the day was celebrated in the usual manner by the great mass of our citizens, and resembled the Sabbath in the perfect quiet which until evening was observed in the streets, and the total cessation from business which appeared in every part of the city. ‘The weather was less propitious than was anticipated the day before, the clear, mild atmosphere, which seemed like October, havimg been succeeded by chilly east winds and the dull leadea aky which betokens the near approach of snow. Fortunately, however, sunshine is not necessary to the enjoyment of turkeys and mince pie, and the bright faces and cheerful warmth indoors made ample amends for the dismal state of things without. Santa Claus was around as usual, his panniers piled high with toys of every de- scription, and confectionery enough to give all New York the dyspepsia, a3 the children’s well filled stockings testified. In many families the grand Christmas dinner was suc- ceeded by the “Christmas tree’? in the evening—a trea- sure which had been carefully brought home after dark, and when the children had gone to bed the evening be- fore, and was here revealed to them in all its wonderful and shining beauty, glistening and glittering with mani- fold offerings, gifts from and to father, mother, sister and brother, besides kind aunts, uncles, cousins; and even the dear old grandma. No one is forgotten; even Bridget has a sixpenfy delaine which she thinks “ beau- tiful;”’ and the baby a set of silver bells, over which he crows With delight. Over all the little colored hove =f throw a radiance which reflects itself in a hundred bright tic association connected eyes. This is decidedly the most with Christmas festivities, and we are glad to see it every, year becoming more a feature of the occasion; es} am lary —— Until Fy bsg was not ob- serve any extest in city—New Year's the Fourth of July being the onl; Y periocs of wl Ban of which was devoted to friendship and the other to patri- otism. The observance of Christmas was chiefly limited to one or two religious sects, and a class of fore population. now, however, nearly all suspend their -— nary occupations, and ipate, to some extent, in the Joyour influences which accompany its celebration. mong all those who were remembered, we hope and believe the poor were not forgotten. Many a pair of chickens and fat turkey found their way yesterday to the poor man’s table, to which they had loug been strangers— Private charity never having been more active than now, when it is so much needed. The Komen Catholic and Ey lian churches present- ed Oe a festive appearance. Most of them were decked with Christmas garlands, and trimmed with ev and holly, The services were interesting and well attend- ed, notwithstanding the gloomy weather. In the Episco pal churches the Sunday school children bad their anni- versaries, which were attended with what was to them the pleasant exercise of eating and drinking. Christ mas gifts were also given to the little ones. The day was also well observed at the public institu tion. On Ward's Island, which is inhabited entirely by poor and diseased emigrants, a bountiful repast was pro- vided by the Commissioners, and the poor Paupers were treated to an extra pudding in honor of the day. The Randall's Island children had a fine time, They had acclebration, at which dialogues and speeches wore made, and Mr, Gunther, President of the Board of Alma house Governors, delivered an address to thom, full of scood adtviee ax to their future behavior in life, A bounti ful — in the school room concluded the entertain. mente. There were also interesting exercises at the Five Points Mission, and at other private charitable institutions, all of which received bountiful donations of money, clothing and food from their patrons. The poor will have no rea. son to regret the advent of this Christmas. jermans eeem to hold Christmas day in peculiar The lager bier saloons and houses of enter: tainment which they most frequent were gaily decked with evergreens and artificial flowers, while their fre- quenters ‘showed their appreciation of the holiday by drinking lager all day ng illimitable quantities of ‘brod”’ and Limburger cheese The firemen observed the day after their own fashion, which has the merit of being original. It is the fashion rs of the different companiat to bring their try their capacity over some one of rty poles. “The Park is also a rendezvous. ¥ quite a number of companies were thus em ed, and profitably, as this driil makes them much more efficient at fires. steam cartiage was exbibited in the streets yester. day, and excited a lively curiosity. It seems to be quite & success, and may, perhaps, some day be brought into general use. The most noticeable feature of the present Christmas is the almost entire stoppage of target excursions. But ver. few passed the Henan office yesterday as compared with previous Christmas Days. hard times has evidently affected this class of pleasure seekers, Among the few companies out we noticed the James Irving Musketeers, Captain Holly; a flue body of men, who after parading through the streets partook of a ‘dinner at the Astor House; and the Peterson Light Guard, Capt. Jackson, who ooo 160 of the best drilled men we have seen in some ime. ‘The ie ah pe ta wa Rall Club bad their first me yesterday, and played a game of foot ball, at Hobo- fe, with the gentlemanly Caledonian Club. ‘The beat feeling was exhibited by both partion, and they partod with understanding that they should often meet y hurl, wrestle and foot-ball, az they were wont to. do in old land. The Irish Club will playa grand hurling match on St. Patrick's day. LAYING THE CORNER STONE OF THE NEW BROADWAY TABERNACLE CHURCH. ‘The corner stone of an edifice to be erected at the cor ner of Broadway and Thirty-fourth street for the Broad- way Tabernacle church, was yesterday laid with appro- priate ceremonies, and notwithstanding the bitter cold there was a large audience in attendance. The proceed- ings commenced with prayer, singing of the 117th Psalm, Teading of an appropriate passage of Scripture, a brief address by Rey, Dr. Buddington and prayer by Rev. Dr. Vermilyea. The audience then adjourned to the southwest OF laying the stone, the pastor, Nev. Jonsp P Toompeos, as stone, ', Rev, Joseph P. Thom who ‘officiated, spoke as fellows — uf Lees than hen 3 years ago the ol Tabernacle church in Broadway was built. To-day we stand on a apot nearly three miles from that building, and we trust to re main here at least ten times twenty years. We come here in a comy ively uni Bitod phice; we come in the spirit Christianity, ards the sur. rounding churches, who reciprocate the same spirit to. wards us. Weshall not endeavor to reproduce the olf Tabernacte on this spot either in sie or form. Our new building, although not quite so large as the old one, will, when finished, seat eighteen hundred persons. ‘the reverend gealiomen then cnumeraied tees 10 reveren! en enumeral artic! in the box beneath the stone, consisting of there articles of faith as an Evangelical church, the holy Bible, the latest edition of the American Bible Society for this year, the la of the Church; a Copy of the History of the Broadway Tabernacle oburch: Reports of the Bible Society, Home Missionary’ ¥oclety, American Society, New York ity Tract Society, American Board of Foreign Missions, and Sunday School Ugion, the Congregational Year Book ot thot present year; iatory of the Mercantile Library Association; Mandal of Plymouth church, Brooklyn and copies of the religious and secular { There was also deposited in the box an engraved portra't —— Pt ee oy ofl complimentary method of ying him aside before his time, pessibly to be bronght Ment fn erm future soastinne diac ne ved © corner stone was aid with the customary so. lemnities, Dr. Thompson officiating and using a "ania