The New York Herald Newspaper, June 25, 1858, Page 4

£ NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE N. W. CORNER OF FULTON AND NASSAU BTS, ‘Woteamne XXUME ...... 2-22: sseesereeseeeee Os UTS AMUSEMENTS THIS BVENING, — ACADEMY OF MUSIC, Fourtecath ot.—Iraiam Orana— Barro. — SIBLO'S GARDEN, Broadway—Tus Sraivemn—Lesson Ov res Hast. BOWSEY THEATER. Bowery—Tus Witanp or tan Wave en Boue)s— Paper Caner. BARNUW'S AMERICAN MUSEUM. Breadway—Aferncos Tus MURDERED FauRruax any mis Dos. Evening—Jaras ‘Waanron. WOOD'S BUILDINGS, 6883 Broadway—! Bones, Dances, Ban Pamonana ov tas Huveem Rives, Brosiway—Buvanws Mivernes --Hacto domes snp Bencasgus -Srowrs ov Tun Axaxa: 4 BROACWAY—Mart. Pust’s Canrset: Mores Brmoruaz Movies 4s DANCES—ANG1LO 2 FRi0AN Crnous. New Yerk, Friday, June 25, 1858, Whe New York Herald—Fidition for “urope. Wile rail rteamship Arego, Capt. Lines, will leave this port to-morrow, at noop, for Southampton and Havre. ‘The European mails will close im this city at half past ten o’clock to-morrow morning. ‘The European edition of the Hxratp, printed tm French nd English, will be published at tea o’clock im the morning. Single copies, in wrappers, six centa. Subscriptions and advertisements for apy edition of the New You«x 'xnatp will be received at the following plice rhs get Ladi bil eae ot renthy RT 51 ‘ine Witiaw st. ‘Cans, .....Am.-European Express Co.,8 Place de la Bourse ~vERP0ot.. Am.-European Express Co., 9 Chapel street. R. Saart, 10 Exchange sweet, East. Aven. ....4m.-European Expreas Oo., 21 Rue Corneille, ‘The contents of the Buropeas edition of the Hxrarp wil! combine the newn received by mail and telegraph at the office during the previons week, and up to the hour of pablication. ‘The News. The steamship Indian Empire is now due at Hali. fax, with advices from Galway, Ireland, to Friday, the 18th inst.—six days later than the news by the Persia. The Indian Empire is the pioneer of a pro- posed line of steamers to run regularly from Gal- way. ‘The bids for the three State loans called for were opened at Albany yesterday. The cdmpetition was not so great as was anticipated, but the prices offered were fair on the average. The following are the awards and the rates at which they were made:— , LOAN TO SINKING FUND—$1,500,000, Amount. Rate. Rafus H. King and associates... $1,500, 101,62 LOAN FO® CANAL PURPOBES—$200,000. J. M. Pinokpey & Qo...... + 60,000 101,15 “ “« Sein cree 50,000 109.85 Whitebouse, Son & Morrison... 60,000 100.85 “ “ “ 50,000 100.80 THE COMPTROLLER’S LOAN—$100,000. ‘Tradesman’s Bank, New Yor: 15,009 108,26 Willismaburg City Back 10 660 103.05 James G. King & Sons. 65,000 102.85 “ eee 10,000 102.65 A correspondent writing from Kingston, Ja., says :—The, slaver “Cortes” has been condemned in the Court of Vice Admiralty, and her stores ordered to be sold. She is a noble specimen of naval archi- tecture, and a thorough clipper. While in charge of the prize crew, she ran eleven knots with ease “on a wind.” It is supposed that she was captured early inthe morning before the sea breeze had set in, as she could at any time, with a fair breeze, ail round apy gunboat in the British service. Her hull is long, low, and waspish, painted black, and her masts are tapering and rakish. Her whole appear- ance is symmetrical and graceful, and the fittings of her cabin are chaste and complete. The Cortes will be taken into her Majesty’s service in the place of the Cuba, the slaver captured by Lieutenant Stubbs last year, which has been condemued asa ea boat. We have news from Bermuda dated on the 16th of June. Admiral Sir Houston Stewart, R. N., was to leave on that day for Halifax in his flag ship, the Indus. He would leave in company with H. M. ship Devastation, which arrived on the previous day from Cuba. The British war brig Atalanta had ar- rived from the Mexican coast, by way of Havana, and would remain on the station. The export of preduce was in good quantity. The export of ve- getables had decreased, as compared with 1857. One of the Washington papers of yesterday after- noon “ understands trom a reliable source,” that the President had determined to send such a naval force to Nicaragua o« “would convince the governments of England and France that our way to our Pacific possessions is not to be interfered with.” ‘The yachts entered for the great Ocean Yacht Race around Long d, which started from opposite Hoboken yeste vere favored with a most beau- tifal day and a stiff breeze from the 8. 8. W. They had an excellent start, and if the wind with which they started should continue, we have no doubt some of them will appear at the winning point this afternoon or to-night. A note from our ship news reporter states that the yachts passed through the Narrows at twenty minutes after welve o'clock, the Rebecca first, the Una second, and the Madgie = Police Commissioners met yesterday. The report with reference to the condition of the piers, siready published in the Hexarp, was submitted and referred to the Mayor, with the view of having some action taken by the Common Council. The Property Clerk reported that the sales of stolen pro- perty since his last report amounted to $433 29, of which the expenses of sale and office were $274 52. He complained that some of the police clerks are in the habit of withholding stolen property, and asked for a legal investigation. A resolution of Mr. Bowen was adopted authorizing the chairman of the Com- mittee on Station Houses to rent new stations for the Twenty-second and Fourth precincts, and a sub- sleeping station for the First precinct. After de- ciding upon a number of trials, the Board went into secret session, in which the following sergeants were @ppointed captains:—Seabring, Ninth precinct; Da- vis, Tenth; Steers, Thirteenth; Bennett, Eighteenth; Bryant, Nineteenth, and Curry, of the Tweptieth. All the precincts now have captains except the Sixth. We would call the attention of onr readers to the report of the meeting of taxpayers at Harlem, pub- lished in our papertoday. ‘Bhe tax payers have be- come #o indignant at the manner in which their pro- perty is burthened that they have determined to re sist, and have called upon the Sapreme Court to re fuse to confirm the bills for assessments, &c. The Committee of the Common Council on the re- Moval of President Monroe's remains met yesterday and heard the relatives of the deceased President, the members of the Virginia Committee and others, speak at considerable length upon the subject. The committee seem determined that the occasion shall be one that will do honor to the nation, and the pro- ceedings before them yesterday were very interest ing. The trial of Leroy Ruscher for the murder of John McCarthy, at 19 North William street, on the 3d of April, was set down for Thursday in the General Beasions, but on motion of Mr. Larrowe, it was post: poned till the first week of the next term. The counsel admitted that the prisoner shot the de. oeased without provocation, but confidently ex pected ‘0 establish his insanity by witnesses from Maseaci setts and New Jersey. The Recorder is sued & br och warrant for the arrest of William Mul ligan eesaulting Captain Webb, at the Metro polita: tel, and he was committed in default of $1,006 which was fernished before the court adjourn: ’. Charles Schock, an old thief, pleaded guilty (0 an attempt at grand larceny, and was sent & Whe State prison for two years. James Larkia was convicted of grand larceny, having atole $90 from Margaret Grasch. His Honor in passing sentence, said that Larkin was @ notorious pickpocket—that his portrait was in the Rogues’ Gallery,” and that he should be “sent pp” for fifteen years. He was sentenced to five years imprisonment in the State prison. Johan Schanff, indicted for a felonious as- sault upon a German woman, pleaded guilty to an assault with a dangerous weapon, and was remanded for sentence. Mary Ooles was tried for stealing $140 from John Robbins, but owing to the conflict of testimony the jury failed to agree upon a verdict. The Grand Jury presented a large number of in- dictments, and having finished their business, were discharged for the term. His Honor thanked them for the manner in which they performed their duties, hoping that futare Grand Jurors would take a lesson from them and act in as satisfactory a manner a8 they had done. Several prisoners were arraigned, and pleading not guilty, were remanded for trial. The Committee on the preparations for celebrating the Fourth of July met yesterday, and heard reports of their sub- ittees, but the programme of the arrangements will soon be published, and will show the result of their proceedings. The Psi-Upsillon Fraternity held their twenty- fifth Annual Convention last evening in Fourteenth street Presbyterian church, at which Mr. Edwin P. Whipple delivered an oration on “Young Men in History,” and Mr. Saxe, of Vermont, read a very amusing Poem on “Love.” There was a very large attendance. Accounts from Texas speak in the most glowing terms of the grain cropa@ that State, and say there is a prospect that the present corn crop will be the largest ever known. The trial of Mrs. Littles is still progressing at Ro- chester. The evidence against her is about the same as that produced on the trial of her brother, Tra Stout. In the Eighth Congressional district of Indiana Hon. James Wilson, republican, has been nominated for re-election. The sales of cotton yesterday embraced about 1,500 bales, the market closing firm for middling uplands at 12}¢c. per lb. The flour market opencd with increased activity, and eales were freely made, but closea rather heavy, and with the turn of the market in favor of the buyer. Wheat was steady and firm for good to prime qualities, which were scarce, while other desoriptions were without change of moment, and sales wore toa fair extent at prices given in another columm Corn was rather firmer, but without change of importance in Prices. Pork was more active at the recent reduction in Prices, with sales of mess at $1650, and of primo at $13 25 a $13 35. Sugars were quite active and firm, and the sales embraced about 2,070 bhds. at rates given in another place. Ccffee was firm and quiet. Freight en- gagements were moderate and rates unchanged. ‘The Political Issues and Political Parties of the Day—The Next Congress and the Next Presidency, Since the year 1824, wien the old pre-exist- ing republican and federal parties had melted away and the loose materials thereof were divided upon four different candidates for the Presidency—Jackson, Adams, Crawford and Clay—we have had no other such example of the general demoralization, disintegration and confusion of political parties and factions as that of the present day. But there is a wonder- ful difference between the causes which culmi- nated in the ecrub race of 1824 and the causes which threaten another scrub race in 1860. ‘The old federal and republican parties disap- peared under President Monroe’s “era of good feeling,” the effect of which was to make us “all federalists and all republicans.” But it has been an era of bad feeling, of hot sectional pascions and prejudices, of bigotry and fanati- cism that has brought about our existing party discords and political confusion. In this connection, the first decisive result of the slavery agitation was the extinction of the whig party in 1852. It had gone too far in the worship of the false gods, of a false negro philanthropy, and it went down like a ship in the sea, under the judgment of an indignant people, never to rise again. But in 1856 it was only the accidental division of the opposition forces which saved the democracy from absolute annihilation, on account of their desperate experiment on the Sonthern side of the slavery question, with that tremendous budget of party mutiny, rebellion, factious, fighting, and broken heads and broken bones— the Kansas-Nebraska bill. The instruments of discord, treachery and destruction which were thus turned loose in the democratic camp, have not been quieted by the happy chance of Mr. Buchanan's election. On the contrary, in spite of all the well intended efforts of the ableet and most consistent and conservative democratic President and Cabinet which we have had for many years, in behalf of peace, order and union in the party camp, the democracy were never in a more battered and shattered, ragged, rebel- lious and disorganized condition than they are this very day. A half a dozen disaffected, ambitious, un- scrupulous and reckless sectional and factious leaders in Congress have done all they could do to crush the administration and the party into the dust; and though they have signally failed against the administration, they have done a world of mischief to their party, which came out of the campaign of 1856 so crippled and exhausted as scarcely to be able to stand upon its legs. The carefal nursing undertaken by Mr. Buchanan might soon have restored it to ite wonted strength; but such Congressional quack doctors as Douglas, Toombs, Harris, Montgomery and others, have left it as feeble as @ poor consumptive after six months of tortare and starvation at a bran bread water cure. And now what do we see? The opposition forces, hopeful and exulting, rallying, here and there and everywhere, for the approaching elections for the next Congress; while from the broken and diepirited rank and file of the de. mocracy we see only the feeble defensive move- ments of a disorganized retreating army. What, then, is the prospect for the next Con- gress and the next Presidency? In regard to the next Congress, the opposition, from all existing Indications, have every reason tocount upon @ majority in the House. From New York to Illinois the Douglas disaffection has left its mark, and will be felt by the democracy in every Congressional district. Superadded to this difficulty will be the drawback of the ad- ministration expenditures. We have shown re- peatedly that Mr. Buchanan is not responsible for these expenditures, deficiencies, loans and Treasury notes, but that they were in part the legacies of his predecessors, and partly the in- evitable consequences of the late crushing finan- cial revulsion. We have shown that this revul- sion has, of itself, caused a reduction of the revenues from customs of full twenty-five mil- lions a year, and that thus the deficiencies of the Treasury for the expiring fiscal year, and the eneuing fiscal year, will cover the entire amount of the twenty millions of Treasury notes and the loan of twenty millions required of the late session of Congress. But while the administration can thus plead the justification of legacies and public calamities for which it is in no way responsible, we know, from experience, that it is almost impossible, among four or five millions of voters, to separate NEW YORK HERALD, FRIDAY, JUNE 25, 1858. The Brith Assurancts Upon the Right of | The Policy of the Empire in France—The the expenditures and liabilities of the Treasury from the party and administration in power. In this view, it is a most unfortunate thing for the demoralized democracy that, at this crisis of geveral depreesion and stagnation in all the cbannels ef trade—at this time, when our peo- ple of all pursuits are struggling and economiz- ing to lift their heads again above water, the expenses and obligations of the government, and of the peace establishment, should be increased to the alarming war aggregate of eighty mil- lions a year. We may prove that the adminis- tration has had neither the discretion nor the power to prevent this tate of things; but among four or five millions of voters, we say that the bard, naked facts and figures will atill be the paramount iesue. We conclude, then, from the Douglas-Kansas disaffection in the Northern democratic camp, from the fire-eating and filibustering dissensions in the Southern camp, and from the heavy government expenditures, Treasury note issues and loans for the current and ensuing fiscal years, that the chances are decidedly in favor of an opposition majority in the next House of Representatives. But this will not determine the campaign of 1860, In the interval Kansas will have been admitted into the Union, and as a free State, and the last remnant of that dirty rag of agitation will thus be consumed, The money question will be the predominant issue ; for already it must be conceded that the Mor- mon question, the filibustering question, and the Central American imbroglio, are as good as settled and done for. But what of the money question? In the in- terval to 1860, trade and business may revive and flourish, and the revenues from the customs may again be lifted up to fifty or sixty millions a year, while the regular expenditures may be retrenched to forty. Thus the government debts and obligations incurred may be cancelled, and the administration in 1860 may be able to chow aclean balance sheet and a satisfactory schedule of retrenchment and reform. In consideration of these desirable results an opposition majority in the popular branch of the next Congress will be rather an advantage than a drawback to the administration and the democracy. It is to the opposition minority that the administration is indebted for the suc- cees of all its prominent measures of the late session, and therefore no fears need be enter- tained of an opposition majority. They will be responsiblefor defeating the good measures of the administration, as they will be responsible for any bad measures they may pass, and for any excessive and burdensome appropriations. Next, it must not be forgotten that while the task of compounding an opposition majority in the House of Representatives will be compara- tively easy, the work of combining the various opposition factions and sections upon a single Presidential candidate will be a very difficult undertaking. And £0, while we concede the chances for the next Congress as decidedly in favor of the op- position, we hold that the chances for a scrub race for the next Presidency have never been so good since 1824, or since the opposition scrubrace against Martin Van Buren in 1836. When the two great parties of the country are cut up into Presidential factions and cliques, as at present, all the probabilities are in favor of a scrub race. Tse Arttantic Tecxorara ExPenrrioy.— We see that our contemporaries are indulging in a good deal of positive speculation as to the result of the present effort to lay the Atlantic telegraph cable. They predicate the failure of the enterprise on grounds some of which are assumed and some of which have reference to preliminary experiments made with imperfect wires or with incomplete machinery. All persons acquainted with the difficulties at-, tending the progressive stages of scientific undertakings will acknowledge the rashness of pronouncing a positive decision in advance of facts. The history of successes of this character goes to establish a sort of divine inspiration, by which the human mind is unconsciously led on to the realization of results for which it was inadequately prepared. The doubts and dif. culties suggested by inexperienced theorists are, therefore, to be received with the same caution with which the speculations of the over sanguine ehould always be entertained. Human skill having accomplished all that it could effect in the present instance, we must trust something to the aid of that Higher Power which we must believe to be guiding us in this great work of civilization and progress. We are, after all, but blind instruments in His hands, and it savors of presumption to decide over confi- dently as to results in which haman agency plays but a subordinate pant. We have so frequently enlarged upon the advantages likely to result from the success of this great enterprise, and they are now so keenly appreciated by all classes of intelli- gence, that it is unnecessary for us again to dwell upon them. It would be hard to have hopes so sanguinely indulged, and so patiently worked for, frustrated by one of the many tri- fling chances to which enterprises of this sort are subject, and which last year led to such a dieastrous failure. The loss that would be en- tailed by a second disappointment would be so heavy that it would be difficult to induce the stockholders of the present company to make another attempt. The sacrifice of two anda half millions by the latter and of another half million by the English and American govern- ments might well be looked upon as a dis couragement too great to warrant a fresh expe- riment. Let us hope that Providence and the skill of the engineers will disappoint the pre- dictions of the croakers, and that the Atlantic telegraph may add another to the many evi- dences we have mready had of the short sight- edness of human provision in matters of scien- tifie progress. Tur Sovxona Lanyn Grayt—A Conripence Game on A Granv Scate—Read the letter of our Washington correspondent upon this subject. It discloses a confidence game which approxi- mates thé magnificent proportions of the Yazoo speculation, or the South Sea bubble ; bat un fortunately, with the first breath of wind upon it this Sonora bubble has exploded and van- ished into thin air. We leave the parties who have been sold, if any, to settle their account with the “contractor,” and are gratified in having been the instrament of the exposure of this prodigious experiment for raising the wind. As for the “contractor ” himself, the sooner he embarks for Sonora, perhaps the better. Other- wise, the Mormons may occupy his lands with- out allowing him the first red cent for the privi- lege. But of all things, why did the enterprising contractor permit Mis project to be ventilated through the colamns of the New Yous Henao? Tle might have known that it would be the end of the speculation. Seasch—What Do They Amount To? Our despatches from Washington yesterday seemed to indicate that the question recently reeuscitated with England has been settled upon the largest and most liberal basis; that is, the immunity of ships at sea in time of peace. To-day another correspondent informs us that such is not the case, and that Lord Malmes- bury’s despatches to Lerd Napier merely make the amende honorable for the recent oytrages, and promise that on his part he will respect the position of the American government on this great international question. This is by no means a settlement of the great principle of the right of search. It is nothing more tban a repetition of the stereotyped apolo- gies which have been sent to us from England periodically ever since 1842, Every British Minister of Foreign Affairs for the last sixteen years] has had occasion to do the same thing that has now been done by Lord Malmesbury, and yet every succeeding minister has found British officers acffng under the printed in- stractions to the navy, repeating the same ex- ercige of insolent power over our unarmed mer- chant ships at sea. . No minister has been bound by the acts and communications of his predecessor, and the great principle in question between the two governments remains just where it was before. The British government insists that its navy shall act as a high police of the sea—the United States claim inviolability for their ves- eels, and hold to the great code of international law, in which all nations are interested. It may be that General‘Cass has been blinded by a few glittering generalities, and that he has been deceived into believing that the assurance of Lord Malmesbury’s private cpinion, ex- pressed to Lord Napier, amounts to a rule of action for the future guidance of both governments, But the past his tory of this very question gives us no such assurance; the language of British minis ters and ex-nfnisters in Parliament does not lead us to such a conclusion; the tone of British journalists does not indicate such s final step on the part of the British government. In al! the conversations on the floor of Parliament, and in all the articles of the British journals, the idea is held forth that the accounts of the Ame- rican captains of the visits by British officers are grossly exaggerated ; that the tone and de- clarations of Congress are merely intended for buncombe ; that an indiscretion of naval offi- cer only has been committed, which a polite apology and an offer to pay any damages will salve over; and that Mr. Buchanan and Gen. Cass merely desire to put on a bold front and bluster a little, and will be satisfied with a short palaver. While this is the tone of Lords, Commons and the fourth estate on the outrage question, all the eld aesertions about the necessity of stopping the slave trade; of a ‘constant prostitution of the American flag to cover that and other ille- gal acts ; of the need of a police of the sea to put down pirates, and the assertions that the United States government must be brought up to the Christian standard of John Bull in all the fanatical propagandism of Exeter Hall, are con- stantly reiterated. In this we agree with the asserted opinion of several of the members of the Cabinet, that there is no settlement of the great question at issue with England—in fact, that the maintenance of the rights of our flag is again committed to the devious ways of the circumlocution office, and the final attainment of an admission by England of the immutable law of nations on this subject is again sunk in the diplomatic slough of despond. We sincerely trust that this is not so, and that Mr. Buchanan will urge this question to a final settlement now. If it is not settled at this propitious moment, the periodical recurrence of these searches will eventually carry us into a war when war will be much more disastrous to all. The United States will never be satisfied with the gilded private assurances of a British minister, We must have a formal recognition of the international law of the inviolability of ships upon the ocean during a time of peace, extended by both governments, and laid down as the rule for all future time. If the British government wish to insist upon the cessation of the African slave trade, let it go to the Spanish government with its ultimatum, if ite treaties are not complied with and the slave markets of Cuba are not closed, and not seek its object indirectly by pursuing an insolent and irritating course towards the United States. Persistence in this can only involve the two nations ulti- mately in war. Avrars ts Camva.—In another column the reader will find some valuable and interesting letters from China. They shed much light on the proceedings of the belligerents in that part of the world, and on the prospects which are opened by the capture of Canton, and the operations of the diplomatists in the North. It seems that the British, French and Rus- sian diplomatists are agreed upon an ultimatum which is being presented to the Chinese govern- ment, the gist of which is unmolested inter- course for foreigners to every part of China, on the rivers and the coast, and the reception of foreign ambassadors at Pekin. The representa- tive of the United States is understood to concur with the rest of the diplomatic corps in pressing these demands on the government of China: but his exertions are merely pacific, while the English and their allies intend to fight till they carry their point. It is nota little significant that both the maritime Powers of Europe have reiterated the formal declaration which they made at the commencement of the Russian war—that they seek no territorial acquisitions, With India blazing on the borders, one can well understand England's conviction that she has got about territory enough. It is said by our correspondents that the na- tives of China are preparing for desperate re- sistance; and it is insinuated that they are in- cited to defend themselves bravely, and taught the European discipline by Russian emissaries. It is not very easy to understand on what prin- ciples Russia could hope to be a gainer by pro- longing the exclusion of China from the civil ized world; pique and ill-feeling apart, the in- terest of Russia is that of all other nations, and her views should be those of England, the Uni- ted States and France. But of the fact that the Chineee are going, at least in some instances, to fight well, there seems to be no doubt. The men of the North are described as not only murcular and brave, but as adepte at the use of military weapons; in numbers they are known to far surpass any force which Great Britain and France could ever send against them. If these people can be got to etand fire, and not run away when the British charge, the end of the Chinewe war will not be reached in a hurry, Impending Cataciyem of Europe. Our advices both from Europe and from Washington indicate that there is something more in the armaments that France is now pre- paring than meets the public eye; and it is evi- dent, from the unqualified disavowal of Mons. Belly’s movement given by the Emperor to our government, that at this moment, at least, he wante no quarrel with this country. The position of Louis Napoleon is singular, and it may be critical. It is evident that France is beginning to get irritated under the military scab he hasimposed upon her; and that, | while an immense army is necessary to the sup- port of his power, it is also equally necessary that he ehould find employment for it abroad. At home the civil and military classes are al- ready beginning to clash. In contemplating the past course of Louis Napoleoa—which is the only way we have to form some idea of his in- tentions for the future—we cannot but perceive how thoroughly he has carried out the policy of the Empire as it was conceived by Napoleon the Great., In this we have an assurance that Louis Napoleon looks upon himself as the des- tined instrument to complete the great cycle of events that was cut short by Waterloo. He sought with the same assiduity, and with greater euccess than did his uncle, an alliance with England against Russia; and the result has been to make Paris the centre of discussion for ail European questions, and cause France to be recognized as the first military Power of Europe. Napoleon III. and Alexander LI. have repeated at Stuttgard the famous interview be- tween Napoleon I. and Alexander I. upon the raft at Tilsit, The world does not yet know the result of this interview; but it does know the result of the first conference of the Empe- rors, Although Napoleon has not told us what were his own intentions, he has told us what were the conditions of Alexander. He de- mended Constantinople, which Napoleon said he refused to grant, because it was the key of the world. The past tells us very significantly that the claims advanced by Louis Napoleon at Stuttgard were the identical ones of his uncle. No war with Russia, no Moscow, Elba, Waterloo and St. Helena have yet followed them, for the time is not yet ripe; and, then, steam and railways have changed the instruments of kings. But we have a pretty close repetition of the gathering at Boulogre in the preparations at Cherbourg and the placing it in immediate connection with the military camps of France by means of railways. Since the conference of the Emperors at Tilsit, steam has changed’ the face of the world and greatly reduced the relative value of Con- stantinople to the rest of Europe. At the same time the same agent has greatly increased its value in the eyes of Russia. Louis Napoleon has a eon to succeed the first King of Rome; he has sought by his Spanish marriage to bring himeelf nearer to the throne of Spsin; and we have every reason to believe that he looks for. ward to obtaining the natural boundaries for the Empire that were drawn in the mind of the first Napoleon. These may include all Italy and Spain, and perhaps even England. Whatever they are, whatever may have been the demands at Tilsit and Stuttgard, the third Napoleon can afford to pay the price which the first refused. Constantinople kas ceased to be the key of the world, while it is more than jever the key of Russia. Nicholas proposed to England the division of the effects of “the sick man,” Tur- key, and she proclaimed the proposition to the world. Foiled by England, what is there to prevent the house of Romanoff, whose boast it is that it never abandons its policy, and who has left for a hundred and fifty years the inscription of Catherine, “here lies the way to Constentinople,” over one of the gates of Moecow—what is there to prevent the Roma- noff from making the bargain he was so willing to make at Tilsit? The friendly course of Louis Napoleon to our government, and the tenor of his assurances in regard to the recent proceedings of Mons. Belly are also consonant with tho polloy of the Empire. Nay, even more than that, a purchase of Cuba by us finds its counterpart in the policy of the firet Empire, and may be consonant with that of the second. It was Na- poleon who sold us the then Spanish province of Louisiana; and not only that, but it was he who proposed and forced usto buy it. Jefferson has the credit of doing it, but it is well known to every student of political history that he op- posed it to the utmost, and only accepted it when forced to do 80. Napoleon did this from motives of s high policy, which still weigh with the Empire in France, even to a grester extent than they did when that policy was first adopted. Napoleon III. knows as well as did his uncle, that he has no reason to seek a quarrel with the young giant scross the ocean. First in West- ern Europe is the aim of the Bonapartes, and this can be best attained by friendship with the first in the East, and by building up a powerful po- litical and commercial rival to England in the New World, far from France, and one that will not interfere with it. We might pursue the thread of these indica- tions through nearly all the events that have lately transpired and are now transpiring in Europe. They will be found on all sides. England may well be alarmed at the arma- ments of France, for a grand cataclysm is ap- preaching in Europe. The cycle of the Empire has to be completed. Louis Napoleon must fulfil his destiny. What this may be time only will reveal. Oertain it is, however, that it is not to commence with another Moscow, and may not end with another St. Helena. Toe Taxrayen’s Party—Tae Movement Prooxssinc.—A correspondent in yesterday's Tleraxp asks us if we can suggest some practical mode by which a taxpayer's party could be set on foot. We answer that we have euggested such @ mode, and we are happy to say that it ia being vigorously adopted at the present time. A call for an independent taxpayer's party is now rapidly receiving numerous signatures in the different wards of the city, with a view to organize a mass meeting and set the ball rolling. And we would here saggest to thoee who have that document in charge, that they should not confine themselves to leading taxpayers in the different wards, but should take up the tax book, and call upon every one in it, until they obtain the signatures of every one of the thirty thousand taxpayers in the county. We have little doubt that before many months we shall see an independent organization, which, if it uses its power judiciously, and keeps its’ skirts clear of demagognes and politicians, will triumph over all factions and cliques, and parity the atmoephere of the Corporation offices, The movement is progressing in every quarter. We the taxpayers of Harlem, who have beeu 60 goaded by the oppression of fraud and snind- ling that they bave taken a bold stand againet it; declaring that the time has arrived for re- eisting it, and that they will continue to resist until the grievance is removed. The path is open, the remedy easy: an inde- pendent party of 50,000 voters, who will either cominate a ticket of their own at the next clee- tion, or make a selection of competent and faithful men from the other tickets, will tumble into ruins the hideous structure of corruption, rascality and fraud now reared up in our midst. That will be a radical remedy for our pre- sent abominable system of municipal govera- ment, which is rotten head, h and through- out all its members, = —_——______ The Religtous Press. One of the synods or presbyteries connected with a prominent Protestant sect has read the religious papers a lesson on the duty of con- ducting their controversies in a more Christian spirit, and trying to become useful instead of hurtful to the community in which they exist. There never was a time, judging from the character of the religious press this week, whea such a warning was more needed. Almost without exception the religious papers this week are mischievous and foolish. The Churchman devotes ita leader to the sub- ject of posture in public worship, and reasons learnedly about kneeling, sitting and standing. The point of the question—the necessity for the adoption of rules concerning postures—is briefiy dismissed with the remark that to ques- tion the necessity of posture making “indicates astate of mind that is not devotional.” Hav- ing thus, in the true style of the religious press, passed sentence on all who differ from it, the Churchman proceeds to discourse about “turning to the east,” “kneeling on the knees,” and the “posture which repretents ease or idleness,” which is called sitting. The aim of the Church- man isto persuade its readers to stand up during the whole service; the end which it will attain will be to bring contempt on itself and the priests of the church to which it belongs. Next we have the Christian Intelligencer. This paper has gone to war with the 7ribune about the famous rejected tract. The style in which it conducts the controversy af- fords a criterion of its editor’s notion of “ Christian intelligence :” in a few lines we find such epithets as “ pert,” “peppery,” “fiery,” “ferocious,” “ hypocritical,” “impure,” “vile,” “audacious,” “obscene,” “prurient,” “inde cent,” &c. Pretty well for a pious paper, isn’t it? The closing sentence caps the whole. ‘We can and do rejoice that the 7ribune avows itself at last in ‘favor of seund morality acd pure religiou.”’ So soon a3 the men who compose its editorial corps afford any reasonable hope that they will practice the one or advo- cate the o:ber, we shall believe that Saiav is growing weary ‘vu his work, and has concluded to discharge all his principal agents. All which may be true, for anything the public know to the contrary; but what can be said of “Christian intelligence” of this cha- racter? The Christian Inquirer poaches on the manor of the sporting papers, and discourses on Rarey the horse tamer, whom it calls “the most dis tinguished product of the West.” It puffs the horse tamer tremendously, and winds up with recommending people who have “ poor Irish” in their service, to “try the method of Rarey.” It goes further and suggests that “we must have Rareys to tame rude woman's nature.” What this may mean, the clergy can perhaps explain; it would sound queer anywhere—but in a religious paper it is very mysterious. The flash papers of the Five Points sometimes talk of horse jockeys subduing and overpowering wo- mev; but what can such allusions mean in a religious sheet? You always know what to expect in the Independent. Other papers may astonish their readers; but the Independent is always true to itself. For information on abolitionism, dry © goods, and high pressure piety of the Beecher stamp, the Jndependent is unrivalled. This week it rubs down Mr. Lewis Tappan, and overhauls the Tract Society unmercifully. It describés the Board of Managers as having reversed the action of the boa constrictor—having swallow- ed the society at its last meeting, and being now in the act of lubricating its meal. The ar- ticle, as a piece of controversy, is sharp enough to resemble a pleading in the Court of Sessions. In the grand old way, everybody who differs from the Independent is gently admonished that they ore, always were, and cannot be anything else than liars, scoundrels and lickspittles. This is the English of the article, and a pretty Chris- tian style of controversy it is. The Observer and Evangelist have articles on church scandals; the former on the recent frauds connected with the Philadelphia Sunday School Union, the latter on the dismissal of Dr. Cheever’s dissatisfied church memgers without letters of recommendation to other churches. Both appear to take pretty fair ground; though the Observer's eelf-complacency in intimating that the Sunday School people paid the money because they were pious and not because they couldn’t help themselves is very good and re- freshing. On the whole, it may be questioned whether any one can derive any good at all by the pe- rusal of such sheets as these. It may be said boldly—the contents of religious consist of two parte, that which is silly and that which is wicked; and very many of their arti- cles combine the two qualities. What good they may do to the cause of Christ and true religion it were very hard to say; many old clergymen have been used to say that they considered them a decided injury to: the charch. Why, under such circumstances, they should prosper may well be inquired. Decreas# or Immigration.—The last report of the Commissioners of Emigration shows « great decrease in the number of emigrants arriv- ing at this port from the Ist of January to the 234 inet. The arrivals for that period are, in fact, leas than half those of the same time last year. The number up to June 23, 1857, was 81,609 ; while that of the present year is only 30,450, This decrease is, unquestionably, attributable to the late financial revulsion. Itis one of its most natural consequences, The alarm which our crisis created in Europe gave this country a new aspect to many Huropean eyes. The de- mand for work or bread, the tumultuous scenes of Tompkins square and the Park—fomented and prolonged for certain political purposes— deterred the emigrating classes from trusting themselves to the incertitude of fortune which seemed to await them here. It will probably be some years before the tide of emigration falis again into its old channel. Dronimise tim Orerce ov Uvrren States Seaton —Hon W. W. Boyos, of South Uarolian, having been solicited wy permit his name to be used ae & candidate for the United Ptales Sonate, decHnes on the ground that hie name is now before his constituents (or re-elgotion to the House of publish to-day » report of @ large meeting of ' Represcatstives.