The New York Herald Newspaper, June 11, 1858, Page 4

4 NEW YORK HERALD. JAMES GORDO EBNNETT, EDITOR AND PROPRIETOR. ORFLOE N. W. CORNBS OF FULTON AND NASSAU BTS. feceme poo 8 So Bee Bo Spacers aiSiren camer. me MAgoEN. senile Sonooiwastas— noes, A... ode! or ‘© YERATBB. Brosdway—Corraiw or ye wien Dats or Basomsx Youxe—Soors at tas (SAUss XEENwe TEXATER, Brosdway—Marmiip— ‘WOOD'S BUILDINGS 561 and 563 Broadway—| Foras, Daxcxs £0.—Pavonsua ov tar Bupson River, BROADWAY —Marr. Pesz's Camrseut Miunerrare— aieorns Mavopre- ise Dawews— Moviax Maciave. CONCERT BA’ Newark 8. J.—Tox Noppy’s &z- OReT—BinGrno ax” Daworne—Teitn PiGeR New York, Friday, Jane ll, 1858, ‘The News. The President communicated to Congress yester- dsy a message covering a despatch from Governor Cumming announcing his entry into Salt Lake City, and his formal installation into the Goyernorship of the ferritory. Gov. Cumming was met by the Mor- mons in the kindest manner, and everywhere ex- perienced the most respectful attention. It is stated that the Mormon settlements were broken up, and the inhabitants moving south, in the direction of Bonora. The scene upon the departure of the men, women and children, is represented to have been in the highest degree distressing and mournful. We learn from Washington that Lord Napier has not received any despatehes avout the recent outra- ges, as has been reported; but advicesreceived there from Lieutenant Rodgers state that Lieutenant Pym, of the Jasper, had informed him that he had orders from the Admiral to search for the Styx and stop her high-handed proceedings, and that the Devasta- tion was at Havana for the same purpose. Lieut. Pym expressed the greatest surprise that the course of the British cruisers had caused any irritation in the United States, and informed Lieutenant Rodgers that they were acting under no new orders, but only carrying out those issued in 1849. This statement of the commander of the Jasper is the more carious, ‘as he is the ofticer who first began these searches, in firing into and overhauling the Black Hawk last November, while on his way from England to the coast of Cuba, ana when far from either Cuba or the coast of Africa. But we learn from our London correspondent that the Derby , government have al- roady sent ont orders to the West India fleet to stop all visits in future to American vessels. The President adheres to his determination to require ample time for due consideration of acts passed by Congress before signing them, conse- quently both houses are busily engaged upon the Appropriation bills, in order to complete them by Saturday night. In the Senate yesterday the Post Office Appropriation bill was taken up. Amend- ments abolishing the franking privilege of members of Cougress, aud increasing the rates of postage to five cents under %,000 miles, and ten cents over 3,000 miles, were adopted. An amendment pro- viding for the payment of the back pay due the Collins steamship line was also adopted. The bill was finally passed, as also the bill making appro- priations for the expense of collecting the revenue. ‘The House was engaged on the Army, Indian, and Steamer Appropriation bills. ‘The steamship Northern Light will take the next mails to Europe. The mails close to-morrow at half past ten o'clock in the forenoon. The steamship Asia, which left Liverpool on the ‘29th alt, arrived at this port yesterday morning, bringing news from Europe three days later than that received by the Kangaroo. The steamship Borussia reported an additional catalogue of the first British outrages on American traders, at Southampton, on the 27th, and the facts were telegraphed to London; bat they had not been noticed either by the government or press when the Asia sailed from Liverpool. ‘The bullion in the Bank of England had increased $927,110. Console were a fraction lower, closing on the evening of the 2*th at #7] a 971, both for money and account. Cotton was dull in Liverpool, and the market reports show a decline ranging from one- eighth to one-fourth of a penny per pound on the different grades. The weather continued fine and the graig trace in England was very heavy. Flour was exceedingly depressed and had again fallen six- pence per barrel. The Manchester market was at a stand, the whole week having been devoted to holi- day making. Sugar had again declined in London, and moved off slowly. The value of English ex ports fell off balfa million sterling during the month of April. The Hritish Parliament had reassembled. Mr. Disraeli made a most effective speech to the electors of the southern portion of Buckingham county, in behalf of the Derby Cabinet. In the course of his remarks be delivered a scathing exposé of the Palmerston policy, both home and foreign, denominating the late whig premier as the head of a place hunting “cabal,” such as was tinknowa in Fagland since the reign Charles IT. M. de Péne, the victim of the military duels in France, was still alive, but it was thonght that the peace of the empire was materially endangered by the unbridled licentiousness lately assumed by its idle army. The decree relative to the conversion of charity fands into government stock was very strong!y opposed by the people. De Radio, the as- sociate of Orsini, had been deported to Cayenne. ‘Trade was very languid. The Danubian Commission had held a second meeting in Paris. Napoleon's attitude on the Montenegrin question was closely watched by Austria. Buccessful experiments had been made through the entire length of the Atlantic telegraph cable. The latest mails from China and India had reached Engiand. It appears as if the Plenipotentiaries would gain very little by diplomacy from the Court at Pekin, and it is acknowledged that the British Campaign in India will be tedious, dangerous and of Goubtfal success. Revolt in Central India and ‘Amonget the Bombay army was not consilered im- Probable. provided the fagitive Sepoys reached those Qtarters in any force. Onr correspondent at Buenos Ayres, writing on the 28th of April, furnishes some interesting news from South America. Politieal affairs in that region appear to be unusually dull. Paraguay had settled her diMicnities with Brazil and France. The pend- ing dimpute between Paraguay and the United Btates will soon be bronght to an issne, Uruguay was tolerably quiet, the revolutionary troubles hay. ing been settled. General Urqniza had addressed ‘Another communication to Buenos Ayres, demand ing her retarn to the Argentine Confederation: but 8 condition prescribed, that the Argentine constitu. tion should be submitted to a vote of the people of Buenos Ayres, was regarded as inadmissible and de- Clined, and both conntries were preparing for hos Lilities. The upper provinces of Buenos Ayres had Suflered considerably from extraordinary foods, Im- portant postal reforms were in progress, with the de- sign of imitating the Post Office arrangements of the United 8 ates. Ni the protests of foreigners, the government of Buenos Ayres persisted in compelling the sons of foreigners to bear arms, but permission had been allowed them to employ substitutes, We have news from St. Domingo, by way of Bos- ton, dated the 22d ult. Deserters from the Domini- can army reported at Cape Huytion that President Santana had invaded St. Domingo City, and after some months returned to Samana with his troops, who took the place and destroyed it with much slaughter. It was also said that President Baez's fleet had taken and destroyed Port au Platte wader command of an American, and that the Haytien government had sent two war vessels to expel the Americans from the guano island of Nevassa. St. Thomas (West India) papers of 15th ult.inform us that at St. Domingo Baez's vessels had captured three schooners, two of them British. One of them was the Victor, of Turks Island, the other was the Crimea. The two vessels were subsequently re- taken by the British war steamer Arachne. The British Consal had taken refuge on board this vessel. We have files of Bermuda papers to the 2d inst. They notice the reports of the continued British outrages on American trade, and the first batch of papers transmitted to Congress by the President on the subject are re-published by the editors, but the facts are not commented upon. The matter had not been noticed in the local Legislature. The weather was cold and wet, aud the fruit trees, usu- . ally loaded at this season, exhibited only leaves. A large quantity of potatoes, onions and tomatoes had been exported. A semi-monthly meetingof the Association Inter- nationale took place yesterday evening at their headquarters, 72 Leonard street, but nothing of im- portance transpired. The legality of the committee appointed to draw up the declaration of the social principles of the Association was questioned, and a new election is to take place in a fortnight. It seems, from what our reporter heard, that this branch of the “Reds” do not intend to celebrate the outbreak of June, 1858, The Governor and principal officers of the State of New Jersey, together with nearly all the sena- tors and representatives of that little State, went yesterday to the Highlands to view the country, ostensibly to partake of the hospitality of Mr. Thompson, o' the Atlantic Pavilion, but probably to see how much money could be made by selling Sandy Hook to New York ‘or a quarantine station. ‘They had a fine dinner, plenty of old brandy and splendid champagne; but they seemed to be much opposed to selling the Hook to New York. At the meeting of the Board of Aldermen last evening, a resolution appropriating $5,000 for the celebration of Independence Day was adopted The report of the Joint Committee on Accounts’ asking for $5,000 additional, to defray the expense of their investigations into the financial efairs of the city, was agreed to. The Board, after a pro- tracted discussion, by a vote of nine to seven, con- curred with the Councilmen in authorizing the Metropolitan Gas Company to lay pipes in the streets of the city. The Board will meet again this even. ing. ‘The Board of Councilmen were in session last evening, and adopted several reports devoid of pab- lic interest. The Comptroller, in conformity with a resolution adopted by the Board, submitted a state- ment of the appropriations and expenditares from January, 1858, to June, which showed the aggregate amount of expenditures to be $5,952,938 23. In ad- ditiou to the above there has been paid by the issue of assessment bonds for account. of street paving, $50,000; Central Park awards, $146,000; construc- tion of sewers, $15,200; filliug sunken lots, $3,600— being an addition of $214,300. A resolation to hire rooms in the Times Building for the use of tne Street Department, at an annual rent of $5,500, was violently opposed by a majority of the mem- bers, and the motion was lost, but subse- quently laid on the table. The Commissioners of the C@htral Park were requested to open the transverse roads laid down on the map of the Park as adopted by them, so as to afford tho- roughfares across the same. Tl Board concurred with the Aldermen in instructing the Street Com- miarioner to issue proposals for lighting and furnish- ing all the oil lamps in the city and keeping them in repair for one year, which was amended by add- ing “and that ho draw a requisition, under the terms of the old contract, for the payment of 8. D. Bellows, now performing the work, until a new con- tract and specifications shall be confirmed.’ The vote was 11 to 7. It seems that this contractor has been paid $52,000 a year for this work since 1854, and it was asserted that the contract could be performed for $12,000. They also concurred with the other Board in appropriating $2,500 to remove the remains of President Monroe to his native State, The City Inspector was authorized to continue in nse, as heretofore, the docks and bulkheads now in use for the reception and deposit of street soil until the Common Council otherwise direct, and that, in the event of any action being commenced, either against tne City Inspector or the corporation, the Corporation Counsel should defend the suit. The Board of Herlth met yesterday noon, at the Mayor's office. The only business before the Board was authorizing the City Inspector to have the slaughter houses in Vifty second street and Seventh avenue cleansed and kept closed until the Ist Octo- ber. Mayor Tiemann reported that he was carrying on a negotiation with parties to have the night soil immediately removed from the city. > The committee of the Board of Health on swill milk question heard the testimony of Frank Leslie and several other witnesses yesterday "against the ewill milk establishmonts. The evidence of each of the witnesses was little more than a repeti- tion of that of the others, and of the statements con- tained in Leslie's paper. Some sharp words were exchanged between the chairman of the committee and Prank Leslie, but they did not come to an open rupture. Next Monday is the day to which the committee have adjourned, and their next mecting will be the final one on this subject. The Committee on Railroads of the Board of Aldermen met yesterday, and heard parties adyo- cate the running of small cars on Bleventh avenne below Fifty ninth street. No one appeared to re present the interests of the Hudson River Railroad Company, and therefore the committee promised to visit the line of the proposed railroad before they would report in favor of granting the license to run small cars on the road, asasked for by the peti- tioners. The Chamber of Commerce inangurated their new rooms, at the corner of Cedar and William streets, yesterday, with appropriate ceremonies. Addresses were delivered on the occasion by Pele- tiah Perit, Charles King, of Columbia College, Wal- ter S. Griffiths and others, The trial of Paul Hernandez, charged with killing his wife by shooting her with a pistol, in West Broadway, was concluded yesterday in the General Sessions, resulting in « conviction for manslaughter in the third degree. He will be sentenced on Satar- day. Martin Dowd, indicted for the murder of John Dooley, will be placed on trial this morning. The trial of Cancemi for the murder of Anderson was continued yesterday, but nothing new was eli- cited from the testimony. Dr. J. P. Garrish deposed to the natnre of the wounds which caused the death. The case will be continued this morning. James Kelly, who was recently convicted in the Kings County Court of Oyer and Terminer of the murder of his wife, was yesterday soutenced to be honed on the 30th of June. At the meeting of the Polize Commissioners yes. terday, argument was heard in favor of enforcing the ordinance prohibiting the Harlem Railroad Com- Pany from running steam engines through Forty Second street. The committee on the subject will Teport at the next meeting. A menmrial against tue prohibition of the crying of Sunday newspa NEW YORK RERALD, pers, and a petition from shopkeeperson Eighth. avenue, setting forth their from'the unfair administration of the law regarding the Sabbath were received and referred. The subject of the alleged election frauds in the Twelfth.ward, Brook- lyn, was referred to the appropriate committee. The Fourth ward station house, being unfit for occu pancy, is to be abandoned. A number of complaints against delinquent policemen were heard and dis- of, ; The eales of cotton yesterday embraced about 1,000 bales, on the basis of about 1120. for middling uplands Bo far asthe Asia's news was concerned, its character ‘Was pretty muoh anticipated by the Kangaroo, Superdae end common grades of tour were easier, while goo extra brands were unchanged. The asies were made to a fair extent, both fer home use and for export, Wheat wes sctive, ood the sales embraced abcut 70,000 a 80,000 bushels, at rates given in another column. Corn was old to a moderate extent, including distillieg cargoes ot Western mixed at 60c. a 68c., and sound do. at 630. 71c., and yellow at T7c. a78c., and prime round yellow for export to the West Indies at 8lc. Pork was mcre active. but cheaper; sales of mess were made at $17 20 Q$17 2S and cf prime st $14. Sugars were qu'te steady, ‘wish alee of about 600 hhds. at rates given elsewhere. Coffee was frm; the pcblis sale of Santos was woil at tended, and the ing spirited, aud it was considored to be a very good bbe} about 3,500 bags were soid at 7340. a1lc., averaging about 10-32c., and 20@ Rio sold to the trade et 11ic., with 50 bags Java at 15340. Freigate wero more active, and decidedly better; ‘ta Liverpool be ‘tween £0,000 and 100,000 busheis of grain were engaged at 634d. @ Od. in bulk, @ud at 6d3{. in bags; some £40 bales Cotton were taxea at 3 1éd ; atterwards 900.0 1 Ct¢ aquere bales were engaged at 722d. to (4. for centpressed and uncompressed, como flour was taken at Is. 64.; bacon at ‘22s. 6d., and tierce beef at is. The Erd of the British Ontrages—The Coburg Schemes Unmasked, Our readers will fiad elsewhere a most re- markable letter from a high source in London, explaining the whole scheme of the recent British outrages upon our flag, and of the family conspiracy of the Coburgs in Europe. It also gives us the satisfactory assurance that the most s{ringent orders have been despatched to ceare these violations of international law, and that not only will ample and noble apology be made for them, but every officer concerned in them will be punished. The facts revealed in this letter come to sup- port, in every point, the views taken by the Heravp as to the true causes of the recent out- rages upon our commerce; and a slight retro- spect of recent political events in Eagland will demonstrate how nearly Palmerston and the Coburg conspirators succeeded in plunging the two nations into war, in order to carry out their schemes. Had Palmerston succeeded in returning to power three weeks since, there would have been no withdrawal of the odious orders, no cessation of the outrages, and no reparation for the insults. These denials would have caused a universal upheaving of public sentiment here, and a unanimous ery forwar. This danger has now blown over, and not only can we look calmly back upon it, but we can also survey the selfich plots of the several despots now controlling the fate of two hundred millions of men in Europe and six hundred millions in Asia. The future of all this vast masse of humanity lies in the hands of three houses—the Coburg in England, Napoleon in France, and Romanoff in Russia, The experience of the late war in the East has taught them that war is nota necessarily losing business to the people. Cer- tain branches of industry and trade are de- stroyed by it, it is true; but, then, under the stimulus of the demands for the purposes of a great war, new branches of home industry and supply are created, which replace, if they do not surpass, the old. England never saw such prosperous times as during her late war with Russia. Her exports rose from fifty-five to seventy millions sterling. War prices for everything were found to be much higher than peace prices. Taxes could be more easily borne. Fortunes were more rapidly made. The same result was seen in Russia. Nicholas was the most popular of Em- perors, for the industry of the coun- try had never had such demands for ite labor, nor such prices for its products, as during the war in the Crimea. Consumption was stimulated to an extraordinary degree; and that is the only cause of production and wealth. The masses never stop to inquire if this pros- perity is solid and permanent. It is sufficient that it exists today, And if under it certain branches of trade are destroyed, se much the better for the despots, for such are inimical to their policy: while the newly created interests spring from it, and are their ewn creatures. The letter of our well informed London com respondent reveals the plots that are now hatching in Europe. They contain the germs of mighty conflicts and great wars. The house of Coburg aims to become the great German Power, the head of the Teutonic races in Ea- rope, and to divide the Old World with the house of Romanoff, the head of the Sclarcs. Louis Napoleon stands in the w: | is, if pow sible, to be removed. The minor rulers ia Ea- rope are already largely absorbed by matri- mony. The liberal principles and interests of the commercial classes in England are to be de- stroyed by a war with the United States, than which nothing could be more effectual. In the pursuit of absolute power and universal dominion, no scheme is too vast for their at- tempt, no plot too base for their acceptance, no interest too great to be sacrificed. The whole of Europe and Asia is looked upon as a sick man, whose effects are to be partitioned out be- tweea two heirs—Coburg and Romanoff. Louis Napoleon is only a tool in their hands to help kill off the liberalism of Europe, which stands in their way. There are some bold facts in the present and recent past confirming these dedactions in an eminent manner. The Coburg interest in Eng- land opposed the late war in the Hast, and Prince Albert was more than suspected of being the apy of Rassia. Ile wished to give Constan- tinople—the key of the Eastern world—to Nicholas, no doubt for a consideration. The Giscovery of these facts drove the Aberdeen Cabinet from power, and for « time threatened to drive Prince Albert from England. The house of Brandenburg has been brought into the plot by the recent marriage with the British Princess Reyal, and I’rince Albert is now about to visit Berlin for the purpose of persuading the Prince of Prussia to resign his pretensions to the crown in favor of his son, now a Cobwe by marriage, Louis Napoleon suddenly breaks out into a most unaccounta- Wie" fury against England, and eacourages a war feeling in the French army for some reason which the world cannot understand. Palmerston, the tool of the Coburgs, issues or- ders to the British cruisers to pursue a course which he knows will excite the American people to the war point; and then, in order to stima- late the officers to carry them ont, promotes the case of Lieut. Stubbs, which was published few days since. War between the only two really free nations FRIDAY, JUNE U, 1858. frst one that commits an overt sot, a to the would advance the Coburg policy and interest vastly, The humiliation of Eagland would be the death blow to European liberty. We fancy we see the grin of eatisfaction on the couate- nance of the despots of the Old World while contemplating so unnatural a struggle. We trust, however, that there is sufficient common sense in the British people to induce them to adopt measures to avert so fearful a calamity. They have, however, eight ecions of the Coburg to provide for; and it is impossible to conjec- ture what complications they may yet be carried into if Palmerston and the Coburg interest get into power again. They must be provided with kingdoms and prircipalities, either for the pur pose of securing the family hold upon John Bull's purse strings, or to provide for the not mprobable contingency of an upheaving of the British people to throw off the whole Coburg ribe. For the United States the future is plain eail- ing. We shall goon in the path of progress and industrial increase, undisturbed by the plots of the Coburge, the. Romauoffs aud the Nepoleoss. We have already.sbowa that a war with Europe is not a thing to be feared by ug. But for the Napoleonic dynasty in France the question and the crisis is a momentous one. The whole of Europe may be let loose upon him, a8 it was upon his uncle. Palmerston’s organ—tbe London Post—has recently stated that England must go to war with Naples, and at the same time acknowledged that such an event would light a conflagration in Europe, the end of which no man could foresee. Naples wishes to refer the question to Louis Napoleon for set- tlement. It may yet be that the entente cordiale with Ja perfide Albion, which the third Napoleon haslabored as herd as ever did his uncle to establish, is nothing but # sham, and that he may be driven to lead the republicans of Europe in a mighty onslaught upon the crowns and ccronets of their old and inveterate enemies, There are great complications and great results in the not distant future, Tue Centra Park Cowmissioners.—It is a great misfortune for the people of this city that the management of the great Park, which may be truly said to be one of the most important public works ever undertaken in New York, ehould be entrusted to a set of men who are en- tircly ignorant of everything connected with laying out public parks. With the exception of Mr. Belmont and Mr. Dillon, not one of the Cen- tral Park Commissioners knows anything about what a park should be. That is evident from the way they are acting. And, to make mat- ters worse, they are adding wilful mismanage ment to ignorance. The above named gentle- men have not enly visited and observed all the leading public Parks in Europe, but they have given all the plans for our own Park careful at- tention and study, and picked out all the good points from each, which they recommended to the Board for adoption, as modifications of Mr. Olmstead’s design. And with what result? Their amendments were contemptuously ignor- ed, and a resolution passed by the majority ac- tually depriving the Board of its principal rights, privileges and duties, namely, the seleo- tion of the design for the Park. Henceforth all | amendments to Mr. Olmstead’s plan are to be | submitted to that gentleman and the President, | and to them alone, for decision. We can easily | see what the result of that will be, and what | the object of the majority is. They will have | the design which they selected carried out at all risks, in spite of the better taste and judgment of the gentlemen who have shown j themselves competent by the excellence of the | modifications they have suggested. The Presi- | dent knows little or nothing about laying out a | Park; Mr. Olmstead knows as little; so that, be- tween the two, it is not difficnit to divine that the thing will be a failure, and a very expensive one, unless by some spirited move on the part of the public the majority of the Board are Wrought to a sense of their duty. The majority of she commissioners have come out with a oard in reply to Messrs. Dillon and Belmont; but while their statement gives us some idea of what they are doing, it does not deny the allegation of the latter gentle- men’s protest, namely—that their” good and im- portant amendments to the plan were rejected, and the obnoxious resolution above referred to adopted. The public ought to be grateful for this card of the majority, because it throws a little light on the proceedings of the Board, which was very much wanted, although, ac- cording to another card from Mesers. Dillon and Belmont, published clsewhere, they are not over particular in confining them- selves to facts. Heretofore the majority | have constituted themselves a eecret coun- cil, excluded the public from their ses. sions, and transacted everything in the dark, preserving an unnecessary secresy as to all their actions, which was in itself suspicious. What- | ever of their doings we have been able to make | public have been reprehensible ina high do- gree, and prove that the majority of the com- missioners are wholly incompetent. So outrage- ous was their last proceeding in reference to the amendments of Messrs. Dillon and Belmont, that some of their own organs, which have been abusing us for exposing their con- duct, are obliged to censure them. It is no longer doubtful that there is sufficient cause existing already to nek the Gover- nor to make some changes in the Board. As at present constituted it is unfit for its duty, and the people have no confidence whatever in its action. The committee of the Board of Coun- cilmen, to whom the application for $300,000 was referred, express the sentiments of the pub- lic in their report of Wednesday last, when they censure the course of the commissioners with reference to the amendments of Messrs, Dillon and Belmont, and condemn the secret system they have adopted. The committee very pro- perly recommend that the Common Council shall act with great caution in granting the mo- ney of the public until they know how it is to be cxpended. The public will be taxed somo twenty millions, in all probability, for this Park; and hey have, therefore, a decp interost pecuniarily, as well as otherwise, in its proper constractign. They have a right to demand that a com Board of Commissioners, and no other, be en- frusted with the task. Itis of vital importance to them that they should have a good Park, which will not be a disgrace to the olty—a Park equal, as far as possible, to the other great pub- lic Parks of the world, where they, their chil- dren and their children’s children may enjoy themeelves, as do the denizens of other large cities, without half the advantages which we possess in the locality selected for the Central Park. Fatt Traps Prosrzors—It is now time to | Webb.and Masea ov the globe would militate against the best ix | form come sort of judgment with regard to the | b'c tusiness of terests of civilization snd Christianity, but | Prospects of the coming fall trade. Five months of Ske year have passed, and the public have their work—in the shape of commercial statis- tice—before them. The bank statements and the rates of exchange have been long enough uniform to justify calculation for the future. People know what has been and what is; a very little reflection will show what is coming— at least during the next few months. It is certain that during the past five months the reduction in imports, as compared with the corresponding period of last year, is equal to Bot lees than eighty millions of dollars, The Gecline at this port alone is $54,000,000; and other ports havesdeclined in a still greater ratio, It may be said, then, that the country contains, at the present moment, eighty mil- lions lees foreign goods than it did in June, 1857, The means of the nation are not less. Though breadatuffs are not commanding as high figures as they did some time ago, the quantity pro- duced this year will be larger. So of the other staples, Cotton, notwithstanding the decline, will be yielded.so largely by the South that the net product of the crop will be probably more in dollars than that of last year. Farm produce end other articles of export are plentifal, and are not likely as a rule to cell at uoremunera- tive prices. Tho capacity of the people, as an aggregate, to buy foreign produce, is greater than it ever was before. The decline that has taken place in the ex- ports of the nation since May is almost wholly confined to the specie line. Of everything else there has been exported the usual quantity. But the specie, of which the usual amounts have been regularly received from California, has been retained here: whence it follows tuat the banks of New York, Boston, Philadelphia and New Orleans contain considerably more than twice their usual share, TheSub Treasury is bare, it is true; but the banks are full. Thus while continued and profuse production are calculated to enable the farmer to buy at least as much as usual, double the usual tity of means in the bank coffers affords « basis for double the old amount of mercu business at the great mercantile centres, Again: we have by this time thoroughly ex- perienced the wholesome effects of the crisis. All unproductive euterprises have been stop- ped. No new railways are being constructed. No money is being laid out for the benefit of future generations. No mercantile houses are carrying on a ruinous and dishonest trade; for the houses in this line have just been swept away. The whole commercial and financial world is in the most wholesome condition, with but few engagements, with little business, with plenty of caution, and clean books. It was the opinion of many that, when the specie began to increase in the banks above twenty millions, trade would suddenly start up, and by March that everything would be under full sail as before. This expectation proved er- roneous; it made no allowance for the chas- tening effect of the crisis, or for the retrench- ment which people were practising. Our re- covery has taken fully seven months; quite long cnough, considering the amount of actual damage done by the revuleion, to be considered slow and On the whole, then, considering the want of goods which must exist at present in the coun- try, the means of the farmers and country storekeepers, the ample facilities for trade af- forded by the condition of the banks at the financial centres, and the healthy and sound condition of the mercantile community through- out the country, there seems every reason to suppose that the fall business will not only be large, but will be one of the largest that has Tue Witrerr’s Pot IsvestiGarion—Ra- port ror TH® Derenpants.—We publish to-day the report of Messrs. Hopkins and Florence, of the House Committee of Investigation on the Willett’s Point case, and in behalf of the defend- ante—Mr. Floyd, Secretary of War, and Mr. Schell, Collector of this port—concerning the sale to and purchase by the government of the property in question: one hundred acres at two hundred thousand dollars. We ray the defend- ants, for whatever may have beon the object de- clared in the movement for the investigation, the investigation itself, as managed hy the chairman of the committee (Mr. Haskin) has been nothing more nor less than a criminal pro- secution against the parties indicated. ‘The resulte thusfar are—First, three separate reports from the committee of five memers— one report from Mr. Haskin (chairman ); ano- ther from the two republicans on the committee: and another, the report under consideration, from Messrs. Hopkins and Iiorence, democrats, Secondly, the failure of Mr. Ilaskin to make out his case against either Secretary lloyd or Col- lector Schell. Thirdly, a satisfactory acqnittal of these parties “of any official or moral delin- quency” in the premises; and lastly, a reaction ary movement of public opinion, from the facts and the testimony in the case, which will pro- bably operate very dimstrously to the political calculations of Mr. Haskin. It appears, for example, that, according to the original manuscript evidence of Mr. Haskin, he used the following emphatic language in re- gard to the testimony of the Coliector:—“1 know his examination wasa satisfactory one, and proved to me that he had nothing to do with the combination which effected the sale of this property to the government.” But Mr. Haskin, it seems, upon a more deliberate con- sideration of the matter, made the important discovery that this frank exoneration of Mr. Schell would defeat the purpose of the investi- gation; and so it appears that Mr, Haskin was driven to the necessity of mutilating his own record in order to make out even the shadow of case against the Collector. And all this has resulted, no doubt, from some of those con- temptible and disgusting spoils squabbles of Tammany Ilall, on account of which Mr. Iaskin and bis confederates could find no way of re- drees except in Bronsonizing Collector Schell. We think that even a cursory perusal of the facts and precedents grouped together in the report of Messrs, Hopkins and Florence, will fully justify to tho reader the sale and purchase of this Willett’s Point property at $200,000, as a price by no means extravagant, considering the location of the land, the market valao of the londs adjoining, and the circumstances of all government purchases, We consider Seere- tary Floyd and the Collector, therefore, as hav- ing paced through this investigation without the taint of lobby corraption upon their gar- ments As for Mr, Haskin, having failed so in- gloriously in his fort site investigations and mutilations of the record, he had better now turn his attention, with Masteson, the Chevalier ke the more profite- will be refused by the Board of Councllmen, fer the purpose of stoppiag the investigation. It is said tbat an outside pressure among the con- stituents of some of the Councilmen is at work to prevent any further developements being made; but we hope that for the eake of the public good, as well as their own reputation, the members of the board will not venture to vote down this appropriation for the purpose ef shielding any parties who may be implicated ig defrauding the treasury. If the committee are allowed to proceed, frands to the amount of many millions will be exposed, and the perpetrators in some, per- haps in many, cases will be subject to criminal Prosecutions, if it be true, as we are informed, that perjury aud forgery form a conspicuces part of the modus operandi whereby the tax- payers have been fleeced. The public are ac- tively alive to the necessity of this investige- tion being carried on to the end, in the hope that by a thorough exposure of the present infa- mous system, and a reorganization of the de- partments of the city government, New York may be saved from the plunderers who fattea upon the treasury. Asan evidence of the ia- terest they take in it, is the fact that several of the leadizg mercbants in the city, when they heard of the probability of the appropriatioa being refused by the Commoa Council, offered to place the necessary funds at the disposal of the committee to enable them to proceed with the investigation. While this epirit is abroad, it may be dangerous to the political prospects of the members of the Common Council to ea- deavor to stifle the investigation and screen the | crimina’s, Depend upon it their course in thia matter will be closely marked. THE LATEST NEWS. Important Oficis]_ Despatches from Installation of Gov, Cumming into the Governorship, EXODUS OF THE MORMON PEOPLE. Threatened Destruction of all the Property in Utah. Important Letter of Com. Rodgers Belative to the British Outrages. Proposed Increase of the Rates of Postage. Abolition of the Franking Privilege by the Senate. THE APPROPRIATIONS OF CONGRESS, &., &., &e. Settlement of the Utah my rae Wassixctom, June 100, 1858, ‘Tho President to-day transmitted to Congrees a message enclosing a copy of & despatch from Govenor Cumming, dated May 2, recoived at the State Department yesterday. From this the President says there is reagon to believe that our difficulties with Utah have terminated and the laws are restored. He congratulates Con- Grees on this suspicious event; expresses the opinion that there will be no occasion to make the appro- priation for the-three regiments of volunteers receatly ‘authorized for the purpose of quelling the disturbances im Utah and for the protection of the emigrant trains and supplies, and says that Texas can be defended by the regular troope now within her limits, The President is the more gratified because the cvents in Utah will adord Some relief tothe troasury, and not require « loan and additicnal taxation of the people. In @ lotter to Secretary Cass Governor Cumming says that ho lett the camp ou the Sth of April en roule to Salt Lake City, accompanied by Col. Kane aa his guide, and two servants, Io passing through the settiements he was gree‘ed with such respectful attentions as were due to the representative of the Executive authority of the United Sudles in tho Territory. Near Warm Springs, at the line di- vicing Great Balt Lake from Davis county, he was honored with a formal and reepect’ul reception by many gentle- men, including the Mayor and municips! cfficers of that city, and by them escorted to lodgings proviously pre- pered for Lim, the Mayor cocupying a seat at his side im his carriage Fx Governor Young paid him a visit of ceremony as econ as he was suffisiontly relieved of the fatigue of his journey to receive company. In a subsequent interview Young ovinced a willingness to alfurd him every facilay be might require for the efficient performance of his administrative duties. Young's course in this rospect, Goverucr Cumming fanciod, mot with the approval of the: majority of the Salt Lake community. The Territorial seal with other property was tendered Governor Cumming by Wm. H. Hooper, lato acting Seore- tary of the Territory. Tae records and library remain unimpaired. Governor Camming entered on the performance of his cMcial duty with profound regret, when he learned that agent Hart was charged with having incited to sets of hostility the Indians in Vinta valley. The information come from Hooper. Governor Cumming hopes that Hart can vindicate himeelf from the charges, yet thinks they demand an investigation. Gov. Cumming had informed General Johnston that he should probably be compelled to make a requisition upom him for @ sufficient force to chastise the Indians. At cvery point Governor Cumming was recognized as the Governor of Utah, and received with a military salute. He invited responses to bis speesh and eevoral spoke, re- forring in excited tones to the murder of Josoph Smith, te the services rendered by}tho Mormon batalion in the Mex- ican war, and recapitulating long chapters of their wrongs. ‘The tumult fearfully increased as they progressed, but am appeal from Young restored calmness. Several after- wards expreased regret for their behaviour. Governor Cumming proceeds to desoribe the exodus of the Mormons, saying the people, including the inhavitants of Salt Lake in the northern part of the Territory are leaving. Tho roads everywhere are filled with wagons loaded with provisions and household furniture. Women and children, often without shoos or bates, aro driving their flocks, they know not where, seeming not only com tonted but cheerful. It is the will of the Lord, they say, and they rejoice to change the comforta of home for the trials of the wildorness. There wero iiluminations in hia honor, Having heard ‘numerous complaints, Governor Camming caused a pub- Dlic notice to be posted signifying his readiness to relieve these who decmed themselves aggrievod by being ille- gally restrained of their liberty, and assuring protection to all persone. He kept his office open at all hours of the day and night, and registered fifty six mon and thirty- three women and seventy one children, as desirous of his protection and evincing a disposition 0° proceeding to the United States, A large majority of these people wore of English birth, and were promised assistance to remove, Gov. Cumming says his visit to the Tabernacle will never be forgotten. There were between three and four thoa- sand persons assembled for the purpose of public worship, ‘and there was # most profound silence when he appeared. Brigham Young introduced him by nama as Governor of Utah, and be (Jumulog) addressed them for half an hour, tilirg thew Dis purpose to uphold the cvaattution and the