The New York Herald Newspaper, July 21, 1858, Page 4

4 NEW YORK HERAID, WEDNESDAY, JULY 21, 1858. NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. ‘OFFION N. W. CORNER OF FULTON AND NASSAU 8TS3, TERMS, cash tn advane. THE DAILT HERALD. too conte per copy. 91 per annum, THE WEPKLY HERALD. every ' Wy, at wie comts per eopy, or cnr: the Burapean Ration (4 por onnasn, fo partly Great Britain, or fo any part of the Continent, THE FAMILY HERALD, every Wednesday, at four conte per UNTARY COKRFSPONDENCE, containing important mews, any quarter of the world: 4 wsedd will be libe- volly peid for. BQPUUR F ORRIGN CORRESPONDESTS ARE Pan- FICULARLY REQUESEED TO Seal alt Larrens anp PackaGus Bese vs. . HO NOTICE taken of anonymous communications, We do mor return those reierted renewed every day: advartisements in- AD ENTS werted in ae BEKLY UmRALD, PamiLy and in the Mi PRINTING executed with neatness, cheapness and dee Wedeme KKM... 2.0... cceeeeree eee ++. Nee 200 AMUSEMENTS THIS RVENING. NIBIA 8S GARDEN, Brosdway—Ov> Haaps ano Youns Brarre—Promrmapa Concent Ao. WALLACK'S THEATRE. Brosdway—Bosx 10 Goon Leva — A Lassou roa Bussanns BAF NUMS AMERICAN MUSEUM. Brosdway—After. mooe—Texrraion—treamnoar #xcursion. Kvening—Coot ‘CoouusEn—1 aT1O® New York, Weonesday, Jaly 21, 1858, WAILG FOR BUROPE. uw Youn Awas.p will be received as the following place fu Europe— ie Lompos ,...Bamaon Low, Son & Oo. 47 ‘Am.-European 61 King William st. pooner eed dela Bourse ‘The News. ‘The steamship North Star, which left Southamp- ton on the 7th inst., arrived at this port yesterday morning with news from Europe four days later than that brought by the Canada. Consols in Lendon on the 6th rated at 95}a 95] for money, and 95f a 95j for the 5th of August; this is animprovement. The Liverpool cotton mar- ket opened buoyant on the 7th at an advance. Breadstuffs had also advanced. Sugar was firm, but tea and coffee flat and heavy in London. ° The second expedition had failed to lay the Atlan- tic telegraph cable, after three attempts, and the frigate Niagara with the English tender Gorgon re- tarned to Queenstown, Ireland, on the 5th of Joly. After the cable had parted twice, as already reported, it was joined for the third time on the 28th ultimo. When about two hundred and fifty miles bad been payed out from both vessels messages from the Agamemnon ceased on the even- ing of the 29th, at which time the cable either part- ed or was cut, and the Niagara sailed for the rendez- vous at Cork. The Agamemnon had not arrived at the latest date; so the exact cause of the disaster was not known. ‘The Fourth of July was duly celebrated in Lon- don by a grand dinner got up under the auspices of the American Association, a newly organized body. Hon. Mr. Dallas made a speech, during which he announced the final settlement of the question of the right of search in time of peace. The Madrid papers still continued to bluster Malmesbury’s thre#t with wacom oo ecu Heading London papers asserted that if Lord Malmesbury gave the signal Cuba would be a State of this Union within three months. : Tt was said that Queen Victoria would be present at the Pronch naval review at Cherbourg, by invita tion of Napoleon. ‘The revolt of the Russian peasantry in Lithuania is a very formidable affair. As the peasantry could not be benefitted by the proposed emancipation, they demanded, by rising en masse, a free possession of the lands, and compelled the nobles to fly to Revel. In an engagement with the military the troops were routed. Late letters received in England from India, dat- ed at Bombay and in the camp of Sir Colin Camp- bell in May and June, show that the Sepoy rebellion is far from subdued. The British troops suffered to @ very fatal extent from the heat of the weather, whilst the insurgents were united, well organized sand daring—although always beaten in the open ficld, they continued a most desperate guerilla war. Sir Colin Campbell had 48,000 men under his command, of which number an average of ten per cent were sick or wounded. He would soon want thirty thou wand fresh troops. The old General bore the brant of the march and weather, and fought well, but had some very narrow escapes from death in battle. We have news from Australia dated at Sydney the 11th and Melbourne the 22d of May. Adelaide and Me'bourne had been connected by electric telegraph. A ccutract had been made for the building of a rail- way from Melbourne to Sandhurst, at a cost of $16,785,000. The gold produce had increased from the old mines, and new fields had been discovered in New Zealand and on the New South Wales side of Murray river. One hundred and forty-three thou- eand three bundred and thirty-five ounces of gold had been shipped in three vessels for England, from the “ist of April to the 18th of May. A letter from our correspondent at Rio Janeiro states that Mr. M. A. Strang, an American, died snd- cenly in that city of yellow fever on the 24 of Jane. The death of Captain Graves, of the bark Panama, isalko mentioned. Captain Graves was held in high esteem by all who knew him. He had been for the past twenty-cight years in the employment of but two shipowners, and during the last fifteen years he has been in the service of the present own- ers of the Panama. Onur correspondent at Bridgetown, Barbadoes writing under date of June 26, ays there were only three arrivals of breadstuffs from the United States for the last two weeks, bringing 2,183 bbis. flour, 65 do. corn meal; but with the heavy export in- acd large local consumption, stocks in im- porters hands are very light, and prices are ad- Vaucing at an average of thirty per cent. Pork and lerd dull. Codfih much wanted. The opera- tions in produce is pretty mach confined to mo- fasees, which continues to command Ie., with 14,000 puncheons on hand. The weather favorable, with fine showers all over the island. The sugar crop is nearly over, 44,000 hhds. being shipped, and the crop will be about 55,000 bhds. We have news from Salt Lake City to the 26th ult., one week later than previous advices. General Jobnoton, accompanied by Capt. Marcy and the re mainder of the army from headquarters, entered the city on the 26th. The Mormons were still taliy- ing at Provo, although they had been urged to re. turn and take possession o° their homes. The De Riviere romance was resumed yesterday at Hergen. Miss Emily J. Blount being placed upon the stand she gave a full statement of her where- abouts since her departure from the house of Dr. De Woes with her mother, and her treatment while away. Her story goes to show without a dout#t, that be was abducted away by her mother. Mrs. Blount was also called to testify, and stated that her daugh- ter had acted entirely for herself in the matter, and ‘Was willing to go away from her father. A full re- port will be found eisewhere. ‘The counsel for Michael Cancemi, the Italian con- the murder of Kagene Anderson, the police e ave tified the Di t Attorney that they 0 ced of | will move before the Supreme Court, on Saturday next, to add, as part of the record im that case, all the matters and _ things specifically embraced in the papers, &c., which occurred during the trial, and which have been omitted from the record. The ob- Ject of this motion is, evidently, to get before the Court of Appeals the fact that the prisoner was con- victed by eleven jurors instead of twelve, as the law assumes and directs should be done. The Commissioners of Health met yesterday. The Health Officer stated that Dr. Gillette was about to make regular inspections of the lower Quarantine, in the steamtag Cinderella, which had been hired for the purpose. A letter from the Mayor to the Pilot Commissioners was read, asking for the co-ope- ration of that Board with the Health Commissioners in enforcing the resolutions of the commission in reference to Quarantine regulations. A resolution was also adopted directing owners and masters of vessels at Quarantine to use every precaution for protecting such ships against the violence of the weather or other accidents. Romors have been industriously circulated in Tompkinsville, Staten Island, by some evil disposed persons, that several cases of yellow fever had oc” curred there outside the Quarantine limits. Our re- porter has made investigation into this matter, and is report, which is given in another column, shows that the rumors were without foundation in truth. At the meeting of the Board of Supervisors yes- terday s communication was received from the Cor- poration Counsel relative to the compensation of the members of the Board of Excise Commissioners. Commissioner Haskett claims pay at the rate of twelve dollars per diem. The Corporation Counsel decides that by law the Board can hold but fifty sessions in each year, and that the Commissioners and their clerk are entitled to receive three dollars for each session, and no more. The Board of Ten Governors held a meeting at the Lunatic Asylum on Blackwell's island yesterday- The usual bimonthly statement of the numbers of inmates of the various institutions was presented, showing a number of 6,230 remaining on the 18th July, 1857, with an increase to 17th instant of 952 in all the establishments. A motion to grant $1,500 to Dr. T. G. Morton, of Boston, for his discovery of the use of swhphuric ether in surgical operations was laid over. Some routine business was trans- acted, and the Board adjourned for a fortnight. The Academy of Music was crowded last evening on the occasion of the commencement of the Free Academy. The orations were well delivered by the graduates, a large number of whom were presented with medals and prizes. Their names will be found in our report of the proceedings. The foundation stone of the new hospital at Black- well's Island will be laid on Thursday afternoon next. ‘The sales of cotton yesterday embraced about $00 a 1,000 bales, closing on the basis of about 12%c. a 127%c. for middling uplands; and for New Orieans and Texas middlings 183/c. a 13440. The increase in the receipts at the Southern ports amounts to about 146,067 bales. The increase in exports to Great Britain amounts to 343,195 bales. The decrease in exports to France reaches 28,206 Dales. The stocks in all the ports show an increase of about 62,487 bales above the amount for the samo period Inst year. In flour the light receipts, com- bined with the character of the European news, caused thé market pretty generally to advance about five cents per bbi., and to close firm, with a fair amount of sales. Wheat was also firmer, with sales of 40,000 @ 50,000 bushels at full prices; new Southern white sold at $1 4234, and red do. at $1 20a $1 26. Corn was firmer, especially for prime sound lots, while salos were made to afair extent. Pork was active and firm; the sales footed up about 2,200 bbis., including meas at $16 90a$17 | $17 1234, and prime at $13 90a$14. Beof and lard were also firm. Sugars continued to rule firm, ‘with sales of 1,100 ja 1,200 bhds. and 300 boxes at full prices. Freights were firm, but engagements were light. ‘The Slackwater Time in Politics—Its Perils for the Derby Ministry. The tides of the political world seem to be at slackwater everywhere now, and statesmen and Banting aaah other like chips upon an exhausted ebb, without aim and without direction. Such is eminently the case in this country, where the great public questions that so recent- ly agitated the people have run their course. In France, too, Louis Napoleon and his newly cre- ated batch of Marshale of the Empire, for want ofeomething better to do, have taken to getting up grand armaments, and playing the part of unoccupied soldiers. But it is in England that we see the strangest swashings of the elackwater tide in politics. The ship of state, consigned to the care of an inexperienced crew, is being navi- gated through the channels of the time with a series of rubs and knocks, such as could only be experienced by an ignorant pilot endeavoring to thread a narrow gulf. Hardly had the Derby ministry taken charge of affairs than the ship was brought up by asud- den shock with France, and before they bad got well clear of that, they struck on the other side, upon the shoals of the right of search question. In their baste to get the ehip of state about they have run her against the headlands of Spanish pride, and now seem to be drifting along all aboy, for some new danger. " In all of these questions the Derby ministry has evidently been impelled by a wish to do right; but having little knowledge of the ante- cedents of State questions have committed seve- ral gross blunders. If they go on in the fature as they have done in the past few months they will get themselves into some inextricable difii- culty; for good intentions alone are not sufficient for safe pilotage. We have frequently expressed our belief that the question with this country on the right of search is not placed on that secure ground of friendship which parties in power would wish to have believed. The French dif- ficulty, too, is not solved. The press of France teems with attacks upon England for her course towards the United States, and they are based upon reasons which are not altogether ground- lees. The query whether, having abandoned the right of searching American vessels she also abandons that of searching those of other nations who had conceded it to her by treaty, is a very pertinent one. If the right of search has been abandoned to America, British treaties with nearly all the minor nations of the world will have to be reviewed. England cannot ex- ercise towards the weak a power which she is not permitted to exercise with the strong. But there is another great question, fall of difficulties, for the Derby ministry. The hu- manitarians and the evangelical party, which is always strong in Great Britain, through the in- action of their opponents, are still adhering to their old ery, and demanding interference in the domestic affairs of the Spanish colonies. It was the great error of abandoning the policy initiated by Wilberforce for the extinction of the elave trade, and the carrying of her hu- manitarian war into the domestic organizations of other countries, that produced the great re- action against England's philanthropy. Na- tions who condemn the slave trade as infamous are not, therefore, willing to admit the right of England's priests to dictate to thom the terms upon which inferior races shail inbabit with o superior race. While the attack on the slave trade was morally right, that upon the institn- tion Itself in other countries, when carried on for a political purpose, is morally wrong. ‘The Wilberforces and Broughams of England have become appalled at the resistance which they fd within their own dominions to their Pall ede Be or eey comming -- attacks upen the emigration systems of the Chinese and Hindoo coolie slave trades. They have, therefore, publicly abandoned sil interfe- renee with those infamous trades, and are now limiting their efforte to urging upon the Derby ministry an attempt to abolish slavery in Cuba. Such a course is out of the due record of pbi- laatbropy, and can only produce renewed op- position and new dangers to the policy of Eng- lard. Not only must Spain be aroused to de- fend ber colouics and her own rights, but the instinct of self preservation—which pervades every community—must unite in opposition to this policy. The right of self government is an admitted national right, and England, in un- dertaking a crusade against it, undertakes a crusade against the whole world. We have frequently pointed out the fact that the continuance of the slave trade by Spain is the great cause of the recent heart-burnings on this eide of the Atlantic. The provincialists of England, and even her public men, are now en- gaged in a etrenuous effort to make it appear that the institution of slavery in Cuba, and not the continusace of the African slave trade, was the real cause of this irritation. If the unexpe- rienced stateemen that comprise the ministry of Lord Derby accept this as the iasue to be solved they will run their ship of state on new shoals and into new dangers. It behooves them, there- fore, to take care that no surreptitious impulse shall carry them out of their course during the present slackwater time of politics. Trape wr Frazer Rrven—The most prominent topic of conversation in mercantile circles at present is the late discovery of gold in the Hudson’s Bay territory on the Frazer river. By some it is supposed that the new “diggings” will at once add largely to the product of the Pacific shores; while others, re- flecting on the sudden departure of so many miners from California to the new mines, infer that what is gained in one place will be lost in another, and that, for the present at all events, even should the stories of the richness of the new placers be verified, we shall not receive from California much over the usual three millions a month. Another point of view in which the disco- veries are discussed is their bearing on trade. ‘The Hudson's Bay Company’s charter—the essen- tial feature of which was published in the Heratp last week—expressly reserves to the company the entire trade and commerce of the egion in which the new gold mines have been found. And it appears from the accounts which have come from Vancouver's Island that the Governor of that section of the Hudson’s Bay Company's territory intends to exact his rights to the letter, and te prohibit trade of any kind by immigrants. Miners are allowed to carry their stores with them to the mines. But no mer- chants, hucksters or suttlers are allowed even to enter the territory with their goods. At this rate, the interest which New York could take in the new gold discoveries could not well be con- siderable or immediate. But the enterprising epirit of the merchants of the Atlantic States is not easily quenched. In the teeth of the prohibitions of the Hudson's Bay charter, and in spite of the orders of Go- vernor Douglas, one ship has been “laid on” at this port for Vancouver’s Island and Frazer river, and another at Boston. Both are expected to gail about tho rince af Annet -~ 4+ -£ Cantam. hoe vue are to carry assorted cargoes. While these speculators are risking their all in order to be the first in the race, other mer- chants, more cautious and not less enterprising, have already communicated with the Governor of Canada and the Governor of the Hudson's Bay Company, with a view to ascertain what reception a New York hip, freighted with mer- chandise, might expect to meet with at Van- couver’s Island in the epring of next year. Sir George Simpson is absent from home, on a tour of inspection; but his assistant, who is doubt- lees acquainted with the purposes of his employ- ers, is at Lachine, near Montreal, and will be able to answer the inquiry. It may be hoped that the Hudson's Bay Com- pany will have the sagacity to abandon the un- wise monopoly which it obtained near two cen. turies since. It cannot expect, during the brief period which has to elapse before its charter expires, to make much money by monopolizing the trade of the new geld region; its efforts to keep out traders will keep out miners as well. Nor can it dream—even with the aid of one or two Britieh chips of war—to enfore narrow and obsolete rules of policy over ten or twenty thou- sand half wild California miners—men used to face death in every shape, and as familiar with the use of the bowie knife ard the revolver as with the pick and rocker. The company can gain nothing and must lore mueh by provoking « conflict with euch men. But by welooming trade, and levying fair and a handsome tax on imports, it would both benefit the new country and do good to iteelf. Tun Carvarren Wrens Looxing Anean— The Chevalier Webb insists upon it that the Westchester republican candidate for Congress shali be a man who can be relied upon in 1860, In other words, the Chevalier Webb is the man; and if the democracy of West- chester can’t bring out any better Con- greesional timber than that which they have furnished for some years past, we shall very likely be compelled to go for the Cheva- lier Webb, his United States Bank, bankrupt and duclling and free wool operations to the contrary notwithstanding. The Chevalier’s ad- vice to the republicans is good. Let them look to 1860 in every nomination for the next Con- grese; and so of the democrats—for the duty of electing the next President may fall upon the next Congress. The Chevalier Webb is no chicken, after ail. Tnertow Ween Nor Deav Yer.—The poets of the Hrening Post have come up manfully to the reecue of Thurlow Weed as the head and tail of the great republican party of New York. His enemies in the camp are Fillmore Know Nothings, pro-slavery dark lantera chaps, who wish to sneak into the republican party and chop off the head of Thurlow and betray the esure of freedom. So say the poets of the Post, and they may be more than half right, Let the republicans beware of the stealthy approaches of the Know Nothings. Better keep them off to themeelves. Exp ov tae Kansas Wan.—Our epecial cor- reepondent, writing from Fort Leavenworth July 8, informs us that Gov. Denver, seeing no further occasion for the occupation of the United States troops in that Territory, hag de- termined to relieve them from further service. ‘Thus we see that the wise, conservative and sagacious policy of the administration has set- tied at one blow the two vexed questions be- queathed to it by the governments of Filimore aod Pierce, to wit: the Mormon war and the Kan:asimbroglio. The army has now no other | the British frontier, foar hundred and fifty occupation than the opening of heretofore an- known districta and the chaeticement of the re- bellious Irdian trites upon our Northern fron- tier, “AII's well that ends well” ‘The Fatlure of the Oablo—What tac World sau The attempt to lay the Atlantic telegraph has again failed. Weare not sare that Mr. Field did not abandon the undertaking and return to Queenstown too soon, and that the Agamemnon is not still waiting at the ocean rendezvous for her congort. There doubts, however, will soon be cleared up, and we eball know the true condi- tiovs under which the failure occurred. So far asnow can be seen the failure is simply a me- chanical one, and in this age of mechanical tri- umphbs does not by apy means imply that the telegraph will not yet be successfully laid. The world has now become accustomed to the use of telegraphs for all.the purposes of civitized life. On either side of the Atlantic there are already erected some 40,000 miles of electric telegraph, and all the great interests of the world look to an unioa by the Atlaatic cabie. When such an event shall take place the world will acknowledge a new impulse. The great centres of civilization will receive in- stantaneous intelligence of what is passing else- where, and ita first application will be to those tranzactions that distribute the surpius products ofthe earth among the nations. The operations in the great markets of the two hemispheres will be reported daily to each other through the agency of the telegraph. Under its guidance commerce will cease to be that sys- tem of uncertain adventure which it was in the olden time. The wants of the consamer will be at once made known to the producer; and the merchant, ceasing to be the speculator, increas- ing his recompense through the possession of exclusive inteiligence, will become mereiy the legitimate medium of exchange between the two, and receive the equitable reward for his labor. Thus the benefits of production will be more equally distributed among all, to the manifest advantage of all. But in the moral, and particularly in the po- litical world, its effects will not be less certain and palpable. Far outstripping the sua in his daily course round the globe, it will recount to each people as it rises to the labors of the day the acts and thoughts of those whose day has already past. Ifa throne be overturned in France, er a Ministry in England; if a revola- tion occur in Spain, or a conspiracy be discovered in Russia; if a representative of one or other of the contending parties among ourselves be elected to guide for a time our destinies as a nation—whatever event stirs the great heart of a people, will be immediately known to all the rest, and they will be engaged in considering its bearing and results at the same moment of time. ‘This facility of instantaneous intercourse will make the nations better ac- quainted with each other, and through that ac- quaintance soften and ameliorate the relations of political and international communion. With nations it is the same as with individuals—fre- quent intercourse modifies their appreciation of each other, and often creates a personal regard. One of the most prolific of the changes the Atlantic cable is destined to produce is that which affects the relation of the newspaper to pmrnite A martial recetetien tine ol. Be heen produced in the last ten years by the establishment of the electric telegraph. By increasing the sphere of its daily report of events, intellectual curiesity has been stimu- lated, the operations of the mind quickcned, and the demand for newspapers has been eo increased that the circulation of enterprising journals is now represented by thousands where it was by hundreds a short time ago. And 80, too, when the columns of the He- rato eball coatain each morning a report} of all the prominent events that have occurred the day before in Europe, Asia and Africa, as well as America, it will become more than ever a necessary accompaniment of the breakfast ta- ble; and the only limit that may be anticipated to its circulation will be the mechanical one of the number of copies that can be printed by the most improved mechanism. Thus the news- paper will become the more intimate compan- ion of every man; and those who take only weekly paper will abandon it for a daily, and every one look for his morning journal, in order that he may see daguerreotype of the whole world of yesterday. Upon the journals the change will not be less great. We look forward confidently to the time when the Iensto will contain, besides its local and city intelligence and advertisements, nothing but a mass of faithful telegraphic re- ports of the events in the whole world of the previous day. with our editorial comments thereon. This is the electric Placer of journal- ism that we still hope to open, But it is not in detail that the vast results to mankind from the successful laying of the Atlantic cable can be estimated. In order to form any idea of these we must con- template the Atlantic telegraph marshalling the mind of the whole civilized world to unity of thonght and action. In this annibilation of time and space how great will be the expedition given to the march of human progress! There will be no waiting to know the positions that other nations have occupied before we advance; each division of the great army of civiliza- | tion, knowing the line of march and speed of ite fellows, will advance unhesitatingly in the path of its developement, receiving and giving continually support. With euch a per- fection of system and intelligence, how much more rapid must be the triumphs of mind over the material world, and how much greater its moral and intellectual developement! Such are the results we yet expect to see from the eetab- lishment of a telegraphic communication be- tween Europe ard America; and the present failure will only urge the world to renewed ex- ertions to attain success. | New Rovre to tHe Frazee River Gown Dis- | tnict.—An attentive correspondent at St. Paul, Minnerota, has sent ue an account of the pro | ceedings of a public meeting recently held in that city, which report we give in extenso this morning. It is prefaced with some valuable geographical and topograpbicsl information relative to the country lying to the northward and westward of Minnesota; and as the main faote are taken from a report recently made to the British Parliament they may be depended upon as entirely reliable. The people of St. Paul, fortified with these facts, now direct the attention of emigrants from Canade and the Northern States to the fact that the new El Do- rado can be reached from their city with much lees expense nnd in much quicker time than by any other means. Tho propored route com- | mences at St. Paul, and follows the course of the | Red river gorihward to Pembias, which Lics on miles from the city above named. From thence the route follows the course of the Saskatchewan, anchle river, navigable for sevs- ral hundred miles, acd proceeds to Thompson and Frazer rivers, The twelve hundred miles from Pembina to the mines are traversed through the Britich possessions, Three routes are given, but the difference is trifling. Doubtiesa the Canadian emigration will hereafter make straight course from the head waters of Lake Superior to Pembina, thua saving the detour around St. Paul; but for the present it would seem that that thriving city must receive consid- erable profit from the outfit of emigrants The expense of the transit is set down at $180 per man, so that the whole expense from New York to the goid region would be less than $225. The opening of these routes will enure in a greater degree to the English than to us; but with the reciprocal feeling existing between the two countries, we shall have our share of the trade, and, perhaps, with the superior energy and activity of our frontier settlers, a trifle more, At any rate the people of St. Paul are bound not to be the last in the field. Southern Lesguers and Sauthern Confedera= clea—Walbor and Yancey at Werk, From a newspaper extract or two, which will be found in another part of this paper, it will be seen that on the 10th instant, at Bethel church, Montgomery county, Alabama, General William Walker and Hon. Wm. L. Yancey made speeches, and that while Walker was very se- vere on the administration for its course towards him, and made a decided impreesion upon the minds of his auditory, “the occasion was seized by the advocates of extreme Southern views for the formation of a Southern league,” as the practical beginning of a general secession or- ganization, which is to culminate in a grand in- dependent Southern eonfederacy. For the full enlightenment of our readers we give, in the newspaper extracts referred to, the speech of Mr. Yancey on the occasion, and the plan of the new organization, the members of which “sball be known asthe Leaguers of the South,” whose “ motto shall be—A Southern Republic ia our only Safety.” “There ehall be primary leagues, State leagues, and a league of the Southern States.” These leagues are to be independent of all existing perties, and “no league shall ever nominate 3 candidate for any office of profit or honor under the federal or apy State government ; but each leaguer ehail vote according to his own conscience, remem- bering always his duty to the South.” Now, in the name of the prophet’s drome- dary, what does all this mean? We think the happy conjuncture of General William Walker and Hon. William L. Yancey, at this Bethel meeting, will afford a key to the explanation of the whole thing. Walker is the prince of fili- busters, whose declared ultimatum, when he was in the zenith of his short-lived dictator- ship in Nicaragua, was:—“A great Southern confederacy, based upon military principles:” a confederacy which was to include all of Central America and Mexico, all the “cotton States” of this Union, and the island of Cuba. Hon. Wm, L. Yancey is a prince among the secessionists, sharing largely in the manifest destiny ideas of “the little gray eyed man.” Thus, the filibus- ters and the fire-eaters are all of the same kid- regs vf te seme principles and «lb woved vy the same magnificent delusions of Southern seces sion, and an independent Southern confederacy, with an unlimited field for Southern tilibuster- ing and annexation. These ideas of Southern policy and “manifest destiny’ had much to do with the “Order of the Lone Star” and the Lopez filibustering expedi- tions into Cuba. A Southern filibustering con- federacy was the idea which called into life the secession movements and Nash- ville disunion conventions of 1850-51; and secession and a Southern confederacy, from that day to this, have been the controlling de- lusions of those grand, pompous, magnificent and supremely ridiculous annual aseemblages, known as Southern Commercial Conventions: The very fact that Hon. William L. Yancey was the President of the last of these conventions, held recently at Montgomery, Alabama, and that this same General William Walker was the most conspicuous among the invited guests on that occasion, will goa long way to prove the character and calibre of these commercial gatherings. They stand at length folly dis closed, as the gatherings of desperate political demagogues, nigger agitators and filibusters, and nothing more. The significant aseoclation of Walker and Yancey at Bethel church also throws a flood of light upon the otherwire inexplicable sympathy which seems to exist in the South in behalf of the Nicaraguan adventurer; and it also ex- plains the terrible sbuse levelled at the ad- ministration by the fire-eaters of Congress, on account of Mr. Buchanan's summary method of retiling the filibustering ques- tion. Hence we are not surprised to learn that at Bethel church Walker “was very severe on the administration, and made a decided im- pression upon the minds of bis auditory,” and that the proceedings under the management of Mr. Yancey were wound up “with the formation of a Southern league.” connection a gentleman at Hunte- Miatoma, in a letter which we find in the <t. Lonis Reneblioen, speaking of the successfal amount of $2,500,000, aad of the Staten cf Leulviana, Alabama, Georgia, North Corclisa, Sevth Carolina end Texas nl | bare seen several ‘Dg the palm and five burning volcanoes and the five polnted star in the Gen. yanited Beapines «1 Ooi. MeDowald, of the tg army, Dave made on arrangement with he owners of American wosetls« in the Fastern citiee—New York, Philadelphia and Baltimore—to tureieh ortation for one year, they Paving he right of w apeit for ten years free of N that Colonels Samuel Aston and teoden, of fan Franciscs, have efeoted similar pte with Morgan, Garrison apd Fritv, large jar vor Capitalists, It is alae sald that George Law ani Joho Minturn, of New York, will furnish three yes. 26,60 etand of arme, (the tres uke for one year), vouthy , Joboaon & Wheeler, of Raltimore, will ad- ax mothe sepply of breadstuite, dee. This is certainly splendid scheme on paper: but there is one little difioulty in the way which reduces all theee fine calculations to mere moon- ehive—and that difficulty isthe administration at Wosbington, There will be no more Walker fllibustering while Mr. Buebanan is President. Walker, no doubt, tnows this very well; but his Southern sympathizers among the fire-eating simpletons ought to know it. Of course, 60 long os bie fill bustering crasade will pay Walker will keep at ft; but we would still admonieh the Southern filibustering subscribers to his « glo- rious cause” that all these imposing figures of “Yonda,” stocks, ebips, armaments, supplies and transportation are all boeh, stuff and humbug. Toe oniy readily practi this Bethel movement yf Southern Glibustere vacce wed in | bus. whee, 15, mierest uvoived ia | © tthe aud fire-enters ties in the probable effect of thie ew orgenization upon the demccratic party of the South. These “Southern Leaguers” may possibly work outa schism in the camp which will render the present confusion of parties and sections worse confounded thaa ever, Kansaa, the filibustering question, and the decisive action of the administration in reference to the revival in the South of the African slave trade, have all operated, and are operating, among the fire-eaters, in behalf of a separate sectional organization of the most ultra Gre-eating desorip- tion. We suspect, however, that, asthe great national issues for 1860 loom ap into the foreground, the little disorganizing, dis- union schemes and cliques of such desperate leaders as Walker and Yancey will be pushed down into the cellar. At this juncture, when national politics are at dead low water, these paltry sectional cliques and factions may raise a little breeze of excite. ment here and there; but Yancey’s Southern revolution and Walker's “great Southern con- federacy, based upon military principles,” are, in fact, among the most preposterous charlatan teicks of the day. Let Walker etill go about and abuse’ the ad- ministration and collect his “material and finae- cial aid”—let him make his hay when the sun shines; and let Yancey get up his clubs of Southern leaguers as fast a3 he can, for the day is fast approaching when the people of the South will have other fieh to fry. THE LATEST NEWS. IMPORTANT FROM UTAH Arrival of General Johniten in Salt Lake City—Rally ing of the Mormons at Prove, de. 8r. Louis, July 20, 1858. A despatch from the St. Joseph of the 17th inst., eays the Salt Lake mail has arrived with dates te the 26th ult. . General Johnston entered Salt Lake City on the 26th ultimo. Captain Marcy was with the headquarters in the city. The Mormons had been invited to return and take possession of their deserted homes. Provo was still the rallying point of the Mormons. The express, with orders from the War Department for General Harney, was only six miles in his rear. Grass was plenty on the route, and the Indians were peaceable, Our Leavenworth despatches of the 19th inst., per United States express to Booneville, say that private despatches from Washington state that new military posts are to be created at Big Timbers and the Cheyenne Pass. Our Special Washington Dispatch. WasninaTon, July 20, 1858. As some newspapers have published, in thelr Washington correspondence, statements to the effect that though Mr. Forsyth has been ordered home from Mexico, his course had not been agreeable to the administration in the matter of the forced loan. I may say it is undoubtedly true that the adminis tration fully approves his conduct. It is said John C. Dunn, of Pittsburg, a young and active politician, will be appointed postmaster of that place. It is reported that the President wil! decide to- morrow upon the appointments for the Bufialo and Troy postmasterships. ‘The Break tn the Erte Canal. Sougyecrapy, July 20, 1868. A cong ‘once is TPAliing the canal break, and if no unnfavorable accident occurs boats will pass Wednesday evening. —___. (Death of Col, Dunn, Consul at Havana, Savannag, July 20, 1858. Mobile papers received here say that Col. Dunn, recently appointed Consul to Havana, died at his residence in Mississipp', on the 13th inst. Fire at the Cape of Geod Hope. Boston, July 20, 1853. A letter from Port Elizabeth, Cape of Good Hope, dated May 17, bas been received in this city, stating that a great fire occurred at that port on the previous night. All the finest warehouses there were destroy- ed, and the amount of loss is estimated at £119,000. Southern Ocean Mall Steamer Moveraents. ’ Cuannestox, July 19, 1858. The steamship Nashville, Capt. L.M. Murray, from New York, arrived here at five o'clock this after- noon. Cuarceaton, July 20, 1858, The screw steemship Memphis, of Cromweil's line» arrived here at ten o'clock this morning. Bostoa Weekly Bank Statement. Boston, July 20, 1868. ‘The following are the footings of our bank state- ment for the past week:— July 12 Amt due fom othr bie Aut due to otber bka PHILADELPHIA STOCK BOARD. Pacarmiraa, July 99, 1968. Jul. Penneyivapia State 5’9, 80% : Reading Reil- , 29% ; Morris Canal, 43°; ; Long Island Railroad, 117; ; Penpsyivacia Raliroat, 417; 4c. lard advanced yo Cotice—Saler to-day, 2.800 bales at 193g6" Tor op—Sales to-day, 2, at 18ize " ‘Boe market clowed at an advance of ‘yc. a Puranmcema, Jaly 20, 1963, cot firm, at 94.97 0 84 60. Wheat dall—old red, 82 white, © $100, Corn steady, Whiskey thse. a2te, Provisions frm. _ Cimermani, July 20, 1868. Flour firm: sales at $4084 50 for ‘extra. Whiskey, 20\¢. Mose pork held at $16, and $15 80 offered. Cmcaco, July 20, 1858. Flour dull, Wheat active and adv 2%. Core active, and advanced Se Butalc—5 $00 bdia. flour 0 vorhels wheat. Receipte—1,80 bbis. flour, 39, wheat, 75 (60 Dusbels corn. ‘pring bei 5 sound better: sales 90,000 bushels, at 60; sound. Onts in active 22,0C0 bushels, at 26 4e. Rye steady at ike, Whi 2ie. Canal freights unchanged. wheat spd 10e. on corn to New York. day—2,975 bie. flour, 1,876 bushel wheat, 26, 5 corp, 5 68) do. onte. banal ees bole. flour, 98,472 boebels wheat, 82,741 do. corn, se do cata, Bervato, July 296 P.M. Flour tp moderate demand today and no change to rotice in rates: sales 760 bbls., at $3 for sour and 80,502 Go ; cate, 7.529 do. bbis.: wheat, 49,511 bushels; corn, 19,143 do.. cate 9,100 do, . Flour in E ria £ bbls floor, . 25,000 gore, Shipped to Montroni—3,100 pbia.