The New York Herald Newspaper, August 20, 1858, Page 4

4 NEW YORK HERALD. Sava, seams Gounnu DITOR AND PROPRISTOR. QPFWE H.W. CORNER OF FULTON AND NASSAU HTS BIBS GeROEN, Greeiwey—Lomnos AsscesmcE- Conor Prowexans er WERY THEATRE Sowery—Bucraggok—Don Catan De Rearea— au Wrondway—Rouseas oF ts mt. om Taek METRO! 1. 6X6 Broadway—Par: geevie vast Seine duty i anOue "hea Pie 1 BaaIBI3 RRUWS AMNA(OSS MUABUM, Brostway—-Anor ene ens ‘Breninp—Tavorow's TERATRR OF ART, 08 A*T Barco Won oui0sins, be WOOD BUILDING, 66 nme 663 Brondway—Brmiorian Ponce, Davone £0. On. Huent Bevan’ Miverwee Bh ey Bald. 3 baron Pry Pasuiow Phe Cereueny of Leying the Cable—The Bt Sect of te Success Tiroughont the Conn Gy The Queens Meseage—Tne President's Yiepiz, Go, dow, Be. ‘Tho Wemxry Hunarp to be published at ten o'clock to- woorrow morzing, will contain « full and grapbic deecrip tion of the succeesfel laying of the Atiantic Telegraph Cadie. ‘The history will exbrace :— . 1. —The only compiets accvunt of the coremovy of tay- Ang the obb!s, as donortbed by our special Correspondent, who wea ov board the Viagara 2— Pull revorte of the effec! this great event prodaced faroogbout tha conrtry. Bd. The Queen's meaeage a4 the President's reply. 4.—Grepbic Desortption of the Colebration in the Metro dole The Hinmivation~ Dire works, é0., &* B...The Reception of Mr. Cyras W. Fieid ad Captain Hnéecs, by the Breckiyn snthor‘ties, ‘Trere acooun’s will form the fullest and moet Complee hbtory of the Inst and evcceneful effort to lay the Over tat Onr readers wit! want to preserve « copy of this intersecting nervative of one of the greatest even's of the wer bhugie Copies, tn wrappers ready for mall, six conte. MAILS FOR THE PACC, Sew York Hernul—Osttrnia Edition, ‘The United Btalee watl steamship Star of the Weet, Capt, Gray, ail! leawe this port this aiteraoce, at twa o'clock, for Aspiowall. ‘Toe malls for Caltfornic and other parts of the Pacific Wil! ctoge «1 one o’ctogr th's afternoon. ‘The Wie Yoex Weer Hmatp—Caltfornis edition Bertaining the latest twteliigence from all part of the Werid, will be published nt ten o'clock tm the morning. Rinalo copies, tp wreppere, ready for mailing, six cents, Agente wil! please send in thelr onlers as carly as pos ets ‘The News. The Cunard steamship Arabia, Captain Stone, Which left Liverpool on Saturday, the 7th instant, is now fully due st this port. The Arabia ran toul of the steamship Europa, from Bostoa and Halifax, bound for Liverpool, on the forenoon of Satarday Last, the 14th instant, off Cape Rage. The Arabia, it appears, mistook the lights of the Europa for Cape Race light. The Barops lost her catwater end had her stem knocked off, besides receiving other da- msge. Tbe Arabia, afier boarding the Baropa, lay by ber for come time, aud then proceeded for New York, avd the Paropa pat into St. Johns, N.F., ft one o'clock lust Sandsy afternoon. She reported then that the Arabia had not sustained as | ch damage as had beeo done to the Europa, but it may have been more serious that Captain Leitch, the commander of the Purope, was sware of. The avernge time of the rna for such steamers as the Arelis from cf! Cape Race to New York is between three end four days, and the Persia bas made it in three. At balfpast ten o'clock this moruing six Geys will have passed since tho Arabia was La col- Lion with the Ecropa. A detpatch from Trinity Bay announces that President Buchanan's reply to Queen Victoria's Message of congrainistion on the occasion of the Baceese of the Atlantic telegraph expedition, waa transmitted throagh the cable to Valeutia at sevea D'clock yesterday moruing. ‘Tho Joint Committee of the Common Council still Continue to discharge their buslness in referonce to the mocessful laying of the cable. At the suges | tion of Mr. Fieid, the Ist of September was fixed bpon, at their meeting vesterday, as the day on which the grand celebration of the event a to take placa A 4espateh throagh the cablo is to inform the Lord Mayor cf London that the day is fixed in New York; and it is expected that the two great cities will rival each other in the magnitl cence of the display which will be made on te occasion. The committee trausacted considerable business, nod a report of their proceedings appears $e ancther colomn of the Hemaiy. We also publish accounts of a number of celebrations, that have been deferred in consequence of the ape re occupied by tho publication of the narrative of the expedi. tien by our epecial correspondoct, and the official reports of the voyage of the Niagara. The Niagara was the focvs of attraction yesterday, aa she lay off the Navy Yard dock, gaily decked with the flags of fal) nations, conspicnous among which was the en- NEW YORK HERALD, FRIDAY, AUGUST .20, 1858. borers, but eapect daily some 1,500 or 2,000 erotics, Who will supercede the soldier lavor, which is not sereeable. No American or other foreiga veaaels of war have touched bere since England has surreuder- ed the right of pearch. Our naval correspondent on board the United Btates ebip Camheriand, dating at Porto Praya on the 20th of July, neads us an interesting letter with Tespect to the movements of the vessels composing our African eqnadron, A list of the ahips with the Dames of the oflicers are given. The writer adde:— “All are well ip the aguadren end the Capo Verds island» ip an unsually thriving state. The rainy BeonGD just commencing.” The Singapore (E. 1.) T¥nes of the bth of Jane eays:—Her Majesty's steamer Plyades returned to this port on Tuesday, after having conveyed to Bangkok the Siamese embassy. By this opportani- ty re learn that the Danish plenipotentiary, Mr. | Jarvie, had succeeded in negotiating o treaty of commerce with the King of Siam. The sales of cotion yestercay ombreced about 1 700 Dales, tooluding about 430 tr traneitu. The market clagod firm on the baste of about 1zXo. for middling uplands se epother corump wilt be found a table giving # sta‘emens Fogurcizg the atriking réact!on la the Coaaumption of oot- Or ta the Uowkd Siales, resuliitg Crow the revulsion of A867. The amount takea for cousumption from Septem bor 1, 1867, to February 17, R458, (inemding tne period of the pan‘s,) was only 99,672 bales, ngrisat 494,637 bales for the came period the’previous seavon; show age differ ence of about 304,766 bales. Tos sinmant taven fer oon suruption from Boptember 1, 1867, to August 4, 1865, war 7467 bales, agaiast 645,891 for tas same poriod the pre viour seaann, showing 6 deficit of 198,414 bales The to's) deliverice of cotws for coasumpitoa from Februsry 7 Lo Anguat 4, 1958, wore 847,525 bales, against 241,264 balez iat year; showing an facresse for this your over the seme period tas yoar of Ay 1,000 pales, Fioar Wes Kooerslly Ormer, aud closed at better prices for moat Gercriptions, with more doing. What was firmer and go- tive, with pales of wdoutZ76,000 dasbels, At rates given in snoiber place Corn wen fom ic. 4 2o beter, with sales Of about 38,000 a 49,000 bnahels at prices given cles where Pork was im falr detoand, with sales caichy at BLT 120817 26 for weas, closing chiedy at the lator fgure, weile 200 bbls. of am inspociica of 1863 repuia ton were at ai7, prime wae at $1485 > B16, Sugars wore steady, with ca'es of about 609 a 700 Luds at rates given tn another oolumo. lreights engegemonts wore mardersie and sume what irregular, but wilh raher more «fering. Tne Last Gasp of the Late Great American Party—Waat Nex? The geveral reeulte oi lete elections io Kentucky aod North Carolina admonish all partios concerned that the late great American or Koow Nothing party in the South has gasped its isst gesp, apd thet for all practical pur poses, South and North, we may consder it dead and gone. It received its denth blow in 1856; but it has lingered along, with now and then a show of vitality, down to these late Soatbern elections, and they have esseutially floivhed it. Towards the close of the late session of Con- gress, a8 oor readers wil) remember, & myste- rious political circular was fseued from Wash- irgtov, recommending the fusion of all the op pesition elements of the couatry into a new purty, ander the attreotive name of “the Peo- ple’s Party of tho Union.” The circular alo maguanim farnished tho plat form for this orgauization—a pist form of retrencument acd reformation, of protection to home industry, of public economy, “popular sovervignty,” &o., with just evcugb of the seasoaing of Kaow Nothingism te meke the compound sharp und pungent. ‘This circular, however, was nothing more nor levs than a now Know Nothing dodge, and its object was simply to secure Mr. Souator Crit- teuden the inside track as an opposition candi- date for the Preeidential succession. Mr. Crittenden, in conrequence of his con- spicuous and wel!-couceived proposition for the eitlement of the Kansas difficulty, had attract ed the e@miretion of ail the factious of the op- porition and many democrats, North asd South. Toie general applause, added to his reputation ar a ripe and experienced statesman, aod a3 an bouret patriot and devoted lover of the Ualoa, evggested at once to the Know Nothing masa- gore wt Washington the policy of striking tn his behalf, acd while yet the iron was hot. Hence the circular to wh'ch we refer, and several Lm- potest efiorta to get up a “people's party” novement in Delawsre, Philadelphia and vise where; and heece the importance of the results of the late Southern State elections, especially thut of Keatnoky. Mr, Crittenden, by many of his Know No- thing admirers, la regerded as having fallen vir in Kentucky to the political man- tle of Henry Cisy. In this view, if, with the artive ventilation of bia mame for tho Presidency, as the predestined can- Aidate of “ the peonie’s party of the Uaion,” he had carried the lete Kentacky election, he might have torned it to o great advautago ia hit favor, North aod South ; but when we fad the staunch old whig State of Kentucky, in spite of the usme aod fame and persons! popu- larity of Mr. Ciltienden, gotog for the demo | cracy by from ten to fifteen thousand wajority, | it becomes manifest that Mr. Crittenden’s “ peo- ple’s party” ie a miserable abortion, and that he, 8 @ Presidential candidate, is done for, Cebed, aud laid upon the abel£ Beginning thas with Kentucky, and tn. cluding North Carclina and Mimoart, we dis —-——— Preidentind curdidate represesiiag tneir se? (oral anti-slavery principles in any Stats south of furou and Dixon's tine, and that as K sagas Will have bree completely played ont by the yeer 1860, the copveition ele. ents must resort to » pew netioosi orgacizarios or rua the haz- ares of another defeat Vke that of 1856. In thir dilemma tho democracy, with the adminis teaiion of Mr, Buchanan as the basis of their rev: ion, boid the vantage ground ivr the next Presidcnoy aod the wext Congress Bat the only ccrtamties in regard to 1860 are these —that the opporition muet reorganize upon broader and more pr actioal issnes than the Pope of Rome or the Jesuits, than the “slave oligarchy" sod the “sleve power,” or ran the hazards of another deft at; and that the disordered and bewildered democracy must relly around the commen nt: cleus of the sdministration, or prepare fur the fate of the old whig party. Tum Fatt Teave—Evvecrs oy me At- Lantic | Terxanara—Gengua Acriviry IN Bostvrse—Incrpasine Crrcunation axp Ad VERT ISING.—The effects of the Atleutio teiegr pl are being felt already in this city und all over the country. People feel, now that this graud event has become & reality, that overythias onght to take a progressive movemont, and & general activity is observable everywhere. The hote's ure more lively; peonle are moving about more actively, and doing things with a greater impv lec; pleces of amusement, newspapers, all branches of business, begin to receive an im- petus; and we should not wonder if the opea- ing of the full trade was hastened on whon the cable gets into working order. Ticee eficeta, fa connection with the close economy which has been practiced since the finerciel revulsion last October, give reasoa to hope that a better state of things will exict this cow'cg fall than we have seen for some time or bud any reason to expect. The effeot of the news in the couutry towns bas heen far greater then one can realize from the accounts by telegraph or in the uewepapers. The enthesiucm in the interior almost surpasses belief; and it eecms to have given an impetus to evcry thing, and hss cansed & general reaction after the dulness which characterized tho coau- try since the crisis, ‘Ike Herap feels theeffecta of the general re- joicing in lergely increasing circulation and a proportionate growth of its advertisiag business. When the Atlantic cable is working fully, and conveying tae news of the Old World hourly to our shores, we should not be surprised to see the Henatp circulatiag ovcr a hundred thousand papers daily—some- thing not only unsurpassed, but never conceived of uy daily journal’ There ts nothing to pre- vent this circulation increasing to two bun- dred thousand except the inadequacy of the mechonicel constructions to ert 80 much work within the required time—a thing which we already begin to feel, even with the immenze machinery in our cellar at preeent in use. Tur Case-Heanan Convention.—We are glad to learn thet the sufferers by the Panama riot, to the city of New York, is now taking place ov recently made to give the circumstaace a politt cal twiet, to advance the loteresta of Govercor believe that progress, improvement, railroade ané canslé are not the pevperty of any olique, however they may seek to make thea go. Tae such persons is the pstriotio boot of the peo- Sew Laopoles tu wus Paneperitg— seni ov tne Causa Arevctution in the business of traneporta tion, of dhe pimest importance and advantage the Erie canal; acd though attempts bave been King acd the Seward Regeucy at Albany, we propelling force at presaut best applicable to ple, to which they are pretty well secustomed. The ides of navigating car cansl« hy steam is pot a pew one. Twenty years ago an pair ot light canal beate were battt fo Aldany by ac epgineer of that city, in which he pixced two tmail steem ergires of bia own construction They did not sucoved, cither as tow or passage boats, and after a few experiments peruitiod by the Board of Canal Commtadonere, were hope lessly witbdcawa. They had little eperd aud small power, and even then the waves from the stern wheels were found injurious w the banks of the canal, Severai ouher attempts were sub sequently made by other partice, bat they were also failares, aud the idea itecif seems to have died out uatil very recently, when the eplargement of the osaal and its increased depth of water have removed the chief diffi sui- ties In the way of the first expcrimenta A depth of etx fe+t has been found ample enough to allow the full action of the blades of « propeller. Indecd, it was time that eome new modo of trangportation ebould be sdopled to keep oar canal policy alive, The active competition of the railways has leseened the amount of frxi gti in an alarming degres; the passenger boats, once eo comfortable and such a vast {mprove- ment upon the old mall coach over sluost impracticable roads, have long since rotted in the basins; thelr propristors have become ex- pressmen or railroad managers; and what was once the glory and the prosperity of the Empire State, was becoming mere ditchwater aud s mvch squeesed sponge. But we are changing all this. Steam bas heen successfully applied to the navigation of the canals, The travspor- tation companies are already engeged ia get- ting up new lines of eteam freight boats, end in the course of another year it is believed the system of towing, a3 now practised, will he entirely discontiou:d. Freights of two hundred tons will be moved ‘om Buffalo to Albany in one half the time now taken for the voyage, and at one half, or periments have not yet been meade with suffi- cient ecientific accuracy to enable us to decide positively as to the precise quantity of fusl neccesary on the average of the trips, nor as to the best form of engine, or the greatest econo- mical employment of speed; but it fs a fixed fect that steam is to drive the horses from the tow path, and all the heavy freight of tho North- weet and the Western lakes, and tho interior of our own State, will hereafter be forwarded to us by canal steamboata vu! the new construction. We Gevise Bo other eclcme for reconslag the erengling écmocracy cf Liltuois, tt hud deter leave them to getle thetr quarrel in their ow: say, “enlject ouiy to the constitution of the United Staree” That, we beiteve, inthe original Keaeus law of “popuiar eovereigaty.” Tox Husvory or tz Ocean Tevecrara.— The history which we pundlisned yesterday of the Niagara's voyage from Queenstown to Triaity Bay, from the pea of our epecial corree poudent, with a detalied actoant of ali tnat iranepired during her eveutfal transit across Bote here. This looks est aff ui the coean, was probably one of the most valu hesehihnae bisected thence oot able contributionr to the periodical literature | ernment, relative te tia treaty, have been dissipated. of thix nge whieh bas yet been or will be made. | Jp all probsbility he was ablo to explain the maior In proportion as the laying of the cubie beteweea | of the protest which his and the Costa Rican gor the two worlds ia great and majest'c in its results | ernments eent to Europe to the satisfaction of the ‘THE LATEsT NEWS. INTERESTING FROM WASHIBGTON, Sieuragus amd the Treneit—Mir. Jerse Lax ceed te Waeturpton—iotenu me ct ate Bids tu G@re- sar Wilusm tore Ousiey Guing vo Mreregua—sin> Qunarrels of tne Bow York Poink tene~ Plane of Pacaficnung tas Cuneo: Homes Trouvios, &e, Ae, Waruincrom, August 19, 1858. Sefior Jerez, the Nicaraguan envoy, has taken e pri.- nearly one-belf, the present expense. The ex. which occwred more than two years ago, are | know the fact that an eminent engineer In this in a falr way of obtaining some compensation | city, whose ekill and ingenuity are constaatly for their claims befure they have all died off, as tasked in our commercial and naval marine, has have too many of those having claime on other | teen at work for some monthe in getting up for governments, One of the first acts of Mr. heavy capitalists models of boats aud engines Buckanan, on coming into power, was to Innist| poet adapted for canal service, and, of course upon tbe eettement of these claims; and aconven- | gnite in advance of the recent demonstrations at to the whole haman race, so doe the history of the enterprise become Important and faterest ing. That the cable lies eecurely in the calm Aeptha of the ocean, and that the unseen cur reot of electricity can convey along it, fror one continent to the other, the thonghts and bopes | ig no longer confined to Vunderbilt aud Joe of their different peoples, are facts which the public now fully realize; but the mode in which | and some two or thice express companies also, If that great work was sccompliched —all the Lac!- dents of the momentous period #hic from the time tho national ebip left tho Icish covet avtil the sbores of Newfonudland rose up in the dim distance, giviag token of the sp- preaching consummation of her Isbors—the hopes, fears and anxietics of the men of soieaca prospect of victory or failure—all these things our bietory supplies, and they comprise no small part of that grand event for which this age will men. Fully impresecd with the anxiety of tho pub- tive to sn undertaking which is undoubtedly deatined to efftot the fature of the entire uni- verse, woe devoted a large portion of our epace t that subject, and will repabiieh that history, the newe of the triumph all through the coun- try, in the Weexiy Heratp on Saturday mora- ing. That will be a paper worth preserving. REVOLUTION Dy JocRNALISM. —We are prepared to witness many important chsuges in the poil- tice! aud commercis! and +ociai existence of the America. This most wonderfal of all agencies considerable extent. Already, even, we begin to seo its influence manifested on journalism, and we imay expect to see that influence at work unti! a complete revolution in journalism is ef- Greeley & Co., of the Tribune establishment, purpose {sewing a moathly mercantile journal, which is ‘o ignore the nigger ques- tion altogether, aud be confined to generai and mercantile matters. This is a very good iden on the part of our phi- losophic friends, and indicates that even they and to prepare to eail with the current.. the daily issue of the same sheet has been all slong ms‘ntatned, was based almost exclasively on niggerium, aud the course of its circulation could be marked with great precision by lines of latitude and longitade. Ita patrons were all a elapsed | plete all vegotiations before tho next cession of Uou- and skill, which changed with every varying | there isto open negotiatious with George Law for be memorable forever in the minds of uaborn | im Alaboma aud Mississippt, and that he meditate: He to possess the moet raiaute {information rela. | be s00n developed, for Sir Gore Ouseley has recotesd together with all the procecdings which followed | prance. world, resulting from (be extablishmeat of tele- | ceived by the Granadian Minister, in form, for ratia. grapbio communization botweom Hurope and | “ation. The subject is now before General Case will affect the existing order of things to a very will be ratided, fected. For instance: we find in our advertise- | contained in a separate decree, and take theroly ment columns #2 announcement that Massa | the character of an additional conference with our are beginning toappreciate the course of events | Granada that that republic waa not responsible for The Weekly Tribune, out of the profits of which | the present government of New Granada concedes, President and Mr. Vass; and a8 soon aa tho treaty is arrenged with the administration Sefior Jures wih be in s position to turn his atrention to the questioa. of the Transit. There are several new applicants for the Trapait grant, aa perhaps you are aware. B& White; a Califomia company are looking for -ig, Seflor Jerez is strongtheved from bome he may com> gress, and we may ece the route actually opew Such is thought quite probable by many hers. What the filibuster crowd think of it is another thing, General Walker and Major Hamphreys are now in your city, as the Heraup bas announced al- ready; aud the opinion here is that his busineas the parchase ef munitious of war; so that Law may get rid of a few more of hia od rasty muskets. It is said that Walker hea enrolled 3,700 mon, chisily another deecent on Nicaragua. Another phase in the history of thet conntry may orders from his government to proceed at once te Nicaragua, for what parpose it is not known; proba bly not so much in connection with the Trandt ae with reference to the application of the Nicaraguar ment for aid and comfort from Bagland aed It is doubtful, however, whethor the British envoy will advice them to pross that appl cation. In the present condition of the relatibaa between this country and Eogland it Is likely that he will recommend them notto dosc, A new at- taché has been added to Sir Gore's legetion, No action bas yet been decided upon in regard to the CassHerran convention, which has been re- who has had one or two conferences with Geuecal Herran on the subject. It is probablo that the treaty as the modifications and explara tiona added by the Granadian Congress are of litle importance. ‘The original treaty has not been altered at all; bat the alterations desired in it by New Gravada are government on the subject. The explaaation of the first article does not alter its sense or intention, es it has never been the idea of imposing new obliga. tions upon that government. Thore contained ia the law of nations and the treaty of 1846 are ae fall ascan be desired. The object of this deciaratory article in the now treaty was to conutezact the de- clarution made by tho late administrationia New injury to foreigners by revolutions and mobs. Baia In the limitation of claims made in the second modification proposed, an error has been geuorally incurred by the press, by baving accepte § the trana- lation of one of the Panama papers. It merely pro vides that claims arising “from matters connected with contracts” hold with the New Granadiza of the Company. In close j. | cover from tbe late Southern elections that Mr. Souhy anand nan: thus Uoeting Crittenden and his “people's party” move- Visiters » view of two of the finest veeels afloat. | ment may be safely thrown out of the Presiden- The Board ot Feremer and Engineers of the New tial cetimate for 1860. We seo that nolther a York Fire Department beld au adjourned meetiog last great man, nor the most ingenious of party do evening, und agreed to tum out in & grand torch: | yices to bring im into notice, will avail to lift Hight procession on the eveniog of the lat Septem | 4» Know Nothingien from the duet into which ber next, forming line in the upper part of the Fifth fvenue, and proceeding dowa Broadway tw the | It hes fallen; and that, sccordingly, the ecat- Pork. : _ | tered materials of the late Know Nothing party Mayor Tiemann received # telegraphic deepstch | Must be abworbed smong the living parties Inst evening from Mayor Perry, of Albay, stating Which will occupy the field in the next battle Bhat the citizens of that city would Join in « grand | for the Presidency. Tule work of absorption bas Gemonrtration at the success of the Atlantic cable siremly actively commenced North and Soatb; Du the Ist of September. A meeting of commaters and otacrs intereste| in travel on the New York and New Haven Railroad, wax heid yesterday afternoon at the company's Ofice, Twenty-eixth street, for the purpose of adept ing measures to repeal the city ordinance prevent Ing the use of steam cars below Forty-second street. Mr Gersrdos Clarke presided, and resolutious aud & petition to thy Tporation were adopted. Gar correspondent at Bridgetown, Barbsdoos, Writtog on the 24th ult. saya:—The stock of flonr is Bt present moderate, aud bulders are looking fur an Bévence. Corn, corn meal, pease of kinde are dali M4 native pulee is now in market, Broad aud crack Ors nre in supply. Codfish is high, os the stock ts Bonfined to speculators; a cargo mold yesterday at 6 per quintal, avd resold at $6. Pi Miod Ach is in ffood Cemand. Lard improving, dull, Cao Des ove etill wanted. Lamber we ngles. The transactic duce is Confined to Molasses, whi is rem Oo; ive. per guilon. Showeiy he whieh is favorable for the healt Lod proape. rr. he ieland. This town will very soon be eap- piv th the parest of spring water from the inte. we pipes from Bagland have arrived, aud are A pond, which will not only sapjly the sipping im barhor, bet all the adjacent an ke accommodated on very reasonable Rerms Visaters png oti grumbling for waut of ia. | for while there ere now in the Northern repab- icnn and democratic comps thonsands of origi- nel Koow Kothings, there have evidently been of Inte many accessions from the rump of Know Notbiugiem to the democratic party in the South, } Tous the democracy may now be rogarded as hold very enay oocupation of every South. ern State, from Deiaware to Texas, scarcely excepting the State of Maryland; and thas, in the North, Know Nothiagiem, which so lately contended for the supremacy, is now content with the equivocal position of a little bush ight ng faction, chaifering and huckstering between the two great parties of the dey. In this con- nection, we suspect that the secret of the pre od, aud a | Sent amiable inclinations of Mr. J.T. Headley and other Koow Nothing managers of thie State, may be found in the late Kentucky eec- t com | ton, The fact that that election (without go ing further) ‘hae settled the business for Me Crittenden and bis “péople’s party,” hag thrown Koow Notbiogiom in the North completely ‘l, which will deposit the water in q | ®ift, and the political wreckers, democratic } rd republicaa, have nothing to do but to push forward and save the pieces, it is mnanifest, however, that 23 our Seward republican vrganization dare not prosent # tion for thet purpose was made by Gen. Cass with | Rochester and Buffalo. Gen. Herran, the New Granadian Minister at Wathington. This convention has been made the battle horse of @ bitter party strife in Now Graneda, in which the government has ased all its power to cerry the treaty through as it came from the bands of the negotiators, It is to be regretted that, during all the tine this contest has been waging, we have had no representative at Bogota, who might, by per- eonal intercourse, have soflened the partiean bitterness with which the attack upon President Ospina was carried on Unfortunately, the convention contained a concession of a coal etation in Paname bay, with the express stipula- tion that it conveyed no sovereignty over the territory, as it wos merely an act of courtesy to @ frien@ly nation, This concession has been made the ohlef poiut of attack and of the most exaggerated rtatemeuts by the opponents of the treaty, whic’, without any oxplanation on oar part, was made the bugbear to the whole country. Our Washington correspondent advises us that the modifications and explanations dosicod by New Granada are not considered as impor- tant alterations of the treaty, and that our governments will probably consent to them. As the treaty provides for the «ltting of a mixed commision at Washington to adjudicate apon the claime of our citizens, and for tho payment of the awarde by New Granada, there is a pro- bability of one class of our foreign claims being settled by Mr. Buchanan. This {s the first fnetance, siace the times of Jackson and tho French claims, that any administration has suc- corded In having a gencral settlement of the claims of our citizens upon a foreign Power. The Mexican claims were settled by a war on ono aide, and by a purchase of territory on tho other. Mr. Buchanan has vetted the clatms on New Granada, that poor Pierce bungled so out- rageonsly, by a course which has been at once prndent and firm. It is to be hoped, boforo he goes ont of power, that he will turn his atten- tion with Tike eacoces to some of our other foreign claims Kansas aMovo var Sovrnery Urrras—The Macon (Ga.) State Press vaya that if Kansas should “make application at tho cneuing ses ion of Congress, with an antl slavory conatita- tion, and be admitted Into the Union without the requisite population, (93,340,) tho Sonth will have submitted to the last indignity which treachery and fanaticiem can Ming at her. Her epirit will be broken, and her position in the Union ar a rubjugated province will have been completed.” This i*, indeod, a very gloomy view of the case. But bow ts It to be monded Declare that Kaneas shall not come into th Union until she has the requisite population and at the next session she will have it; and besides that, tho anti-slavery epirit of the North which is settling down into a dead calm, will b roused up again with increased intens'ty, Ia short, “ what can’t be cured mast be endured ;” and, as Kaneas Je lost beyond overy posaibility of recovery by the South, near or remote, the sooner she is admitted as 4 free State the better it will be for the South and all concerned. It te all nonsense now to talk of “the last indignity of feng and treachery.” The ultras o/ the South have lost the prize by an overwhelm ing majority of “popular sovereignty,” they will have to ewallow the dose, and they ought fo do it gracefully. Let them shut their eyes and gulp tt down. The rerult will be that ia another yoar or two steam tugs will take tho place of the ordi- nary canal boat, even of that class which is now built at am expense of twenty-five handred dol- lare cach, with a capacity equal to a first class Ai- bany sloop. Whole trains of boats will be taken In tow at a time, and the expense of traction will be reduced to a figure which will put at defi- ance all railway competition in freighting heavy goods, It is also probable that # large number of these boate will hove independent power of thelr own, #0 as to navigate the emall lakes of the interlor on their own account. Ona Cayuga Lake there are no less than three fine eteam tags constantly and profitably employed in tow- ing canal boats between Ithaca and the lake porte to the footof the lake. Ono handred and fifty thousand tons of coal are now annualiy brought down that lake, and the charge for tow- fog through { is about thirty cents per ton. ‘The Seneca, Chemurg end Oneida lakes will all have their business changed in this particular. On the Hudson river we mast expect to see the canal steamers generally working their way up snd down “on their own hook” The saving in expense will draw off from the Central, Erie and the Pennsylvania roads the best part of their precent freight business, and New York will again bo the chicf market of the groat ‘Weet, which she was in some danger of ceasing to be in conseqnence of the increase end com- petition of rival routes, Tho freight which has for some years gono acrosa from Albany to Bo ton by the Western Railway, to the damage of the river and coastlag trade, will come back to ite old channela In this view of the subject, which we belfove to be ajust one, the introduction of steam npoa our canals is worthy of public notice, and isa eubject for general congratulation We are very properly rejoicing at the completion of the electsio bond of nuion which connects Earope with America, but may we not also rejoice at the etrengthening of the commercial bonds which are to bind ourselves in still closer ties of commerce and frieudship? The construction of several thousand new boats and engines, the new Impulee to the use of tron and construction of machinery, the reduction of freights and the cheapening of the necerrities of life, for which we are dependent on the Great West, are quivw ae important as the laying of the cable, and pos- tibly will be more immediately beneficial to ns es a locality and a community. While we then hail each spark of electricity as a messenger of good will aud a light along ihe pathway of commerce, let us not forget the patie of the little eopines which are to bo reen and heard Lereafter along the great water liaca of the State of New York, created without ‘oreign ald, without grataities, or tho coopers ton of the nation or the § Tur Lom Camparon—Tae Way 10 Serrie t—The Weehingtoa Union sabmite to Mr. Dongle the propriety of his retirement from the [linoir contest, ro as to give the democracy thore « fair field and m chance to carry the State. Perbaps Mr. Douglas would do woll to follow this advice; for against the anited oppo- sition elements, and a wing of the democratic porty still more bitterly oppored to him thas any block repablicau and Know Nothing cao be, all his campaigning through the dog days will be “love’e labor lost.” We know, however, thet such advice is preposterous at this singe of the fight, ead if the Washington Union can to be found in tho New England States, and | government shal! not be adjadicated by the commie among the most extravagant abolitionists of | gioners named in the convention. This is merely in the West. But it is now experiencing the same fate that hag marked the history of weekly newepapers fn this coautry. Within the last twenty-five or thirty years we have witnessed the rise and fall of some balf dozen growths of weckly newspapers, cach growth founded on some factitions and avort lived element of the public taste, The Weekly Tribune ls a type of one of these classes; and as the public taste which it was designed to gratify has uadergone @ change, and abolitioulsm Is no longer in vogue, ite star ison the wane and down pretty low toward the horizox. Therefore it le that Marea Greoley & Co. announce & now mercan- tile joarnal, which they expect to teke the piace, by and by, of the present weekly edition, and thus belp to sustain the daily Tribune, which never hed ary circulation of conseqaence. ‘This i«, a8 we have lotimated,a very pradent and sensible wovement on the part of the phi losophore of the Tribune They have had the sonse to foreseo tho delage, and to prepare ® raft to rave themelyee by. We hope the public will appreciate as we do the motive that bes induced the cetabliehmoat of the Mer cantile Journal and give It euch a patronage as ite merite may warrant. As tho fires step to- wards e revolation In jourfatiem—the effect of the Atlantic telegraph, and of tho {mputus thus given to soclety—this proposed change of tne Trine is worthy of note and consideration. Hotome His Grovnp.—Gerrit Smith, the candidate for Governor of New York, nomi- nated by the “temperance and freedom party,” still holds bis ground, and is “ stamping it”’ for the euffrages of the people. Very good. Let Mr. Smith stick to bia text, and not permit him- self to be bamboozled by the managers of tho epproaching Republican State Convention with any equivocal promives, and he will be eure to bring them to terms next year, There ought to be at least fifty thousand out-and-out advocates of “ temperance and freedom” in the State, and there may be many thousands more for all that we know. It ie clearly the policy of Mr. Smith, in thois behalf, to hold his ground, and fight out the fight. Axornuzn Jon—The City Halli fire haa been the enbject of universal conversation, and in every group, grost or small, in which ft wae dircussed, the concluding drop of conso- lation was, “ Well, it will make another good job” And #0 ft will, A good job for con tractors aod rub-contrectors, and party or per- sonal fovorites, tneidere and oatsiders, and a good job for thetax payers in the bargain. The very thonght of thie jobbery onght to be en. cient to make our poor old Comptrollor Flagg tremble Ia hie boots, Brookiyn Cliy News Serove Accmart mm Pirwovm Sreem.—About atx O'clock ‘nat evening two )-iokiayors, named Mackey aad Kenueday, wore procipiteed from o apaffolding attached to the new glass bourse in course of contraction fe Ply. mou nw wlroot, Th the th ro story, and being about to qui nome of the placking geve wey, aud foil walk below.” Maloy ia #0 Z ‘aye a + 32 55 #8 PicRPOCKET? Busy.—A number of persona were relieved of theif watches and onsh in the vicinity of the City Hall on the aight of the Mumination, Auguetne Mackinsater, Of (0 West Warren strect, was relieved of w valuable gold wa'ch, which wae detached from fis chet \o #0 dexier. ous a manner thas be knew pvthing aboot |) alii some time afterward, A iedy nemed Kory “mii iost @ pore moreate containing $8 while prviag th-mgh the oro wd ‘James Hamilton tom 814, aad severai Of Various mamowule, tended to cover the fifty-ninth article of the Panama, Railroad Company's contract, which stipulates thas ali matters connected with its execution or interpre tation shail be decided by tho legal tribunals of thas country. The refusal to give our government permission te hold a coal stetion inthe bay of Panama is a die courtesy, but uot a thing thet we can insist upon es aright. The other pointe presented by New Gra pada are insignifl eat, aud merely make the Engtide version of the treaty the binding oue. Gen, Cass leaves tomorrow to spend a few days in Conrecticat. Py Among ‘he arrivals to-night are Gideon J. Tucker, George N. Sanders, Navy Agent at Now York, and Gideon G, Westcott, of Philadelphia. The Pennaylvania mem ers of Congress have bees caught napping, and their iron laterests are likely to suffer some in consequence. The law anthorizing the contracts ‘or constructing the government water works éid not contain any clause requiring the pipes to be of American iron. They were to be lei to the lowest resnorsibic bidder. It now turns ont thas there is some danger of a portion of them being im ported direct from Scotland. Were the Pennsyiva nia members so busy with the free wool tariff that they overlooked the iron taterests of their owa State? A great time ls being msde over the tolegraphie announcement that the Alleghery county (Pa) de mocracy have refused to endorse tho administration. The fact is that the democracy of that count; never hope to carry it except upon some local tasue, and they have there this year what is termed the aot tax party, whose nominees aro domoorate; and ia order to wake themselvce as strong as possible, the convention concladed to conduct the canvass strictly upon the snti tax issue. The consequence was thas they passed no resolutions of a national character at all There are several important cases before the Genera! Lané Office which will be decided in a few daya One involves the title to nearly the whole of the site of the city of Portland, Oregon. General Cushiag and three others of the ablest counsel in the country are engaged in this case, The remaining cases are Conflicting claims affectiog the tities to the rancbos Pinole, Lan Juntes sud Canada de Hambre, California, William 1. Carlin is appointed postmaster ot Quincy, Miinolv, vice John ©. Riley, who was ap- pointed in the place of Brooks (Douglas incum bent) « few days since, but declined. Mr. Carlia will accept. It is understood that the Presiaent has decided not revoke the appointment of J. R. Fonda (hardshell) as postmaster at Fest Troy. Collector Schell, Edwin Croswell, John Cochrane, Alderman Herrick, Alderman Harris aad others, from New York, sud Senator Biglor and Hon. T. B Florence, of Pennsylvania, are bere, looking alter some departinent business, Inclu’:g custom house Appointments, 1 understand that the administra tion and tho collector are desirous of setting down npon a pistform of appoiatrents, something tike this No removals to be made except for cause. if the cause be political, persons! or incompetency, it shall be 60 stated and understood. Applicants muss be competent to fll the duties of the position applied for, and of sober, industrions habits, and good demo erate. Tho treasury department is so tired of the “ @helix ' Gast it does not wish to hear of any more “hards’ or “softa’’ It has been satisfactorily ae cortefned thet no possible apportionment can be made to please oll parties, and now the effort will be to approve such good democrats as the collector ie Willing to be responsibie for. It is believed that, this course will do mote to coment the party than to adhere to the color of the cliqaes. The administewr tion is desirous of getting mattors inta wach state Urat the regular business of the department cam have joecedence of poltical appointmer.ts, J dear. at the State Departm@nt tht the HamaL> 1s tikiuforwed with reference 14 Me. borage, out ’