The New York Herald Newspaper, May 13, 1859, Page 6

6 ‘ NEW YORK HERALD. Jea@be GURDON BLAUKSE, DITOR AND PROPRIETOR, BYFio# H. W. CORNER OF FULTON aHD MA8SAD GTS. ren fw adnance. Money sent dy muatt wil bs us the RT eae Petadanad ea ren on mberiotes THE LALLY HERALD, too comes por copy, 81 per ain TUE WEEKLY HERALD, every at wiz conte , or 88 per annum ; the European Edition every Walnead Bie cots per copy. $k per annum to rt of rene Britad pal $5 to the hoth to include postage ; the Ear Hil’ om the Buh and R00 of mach month af sr conde oF | Pr ae PAIL 1. on Wadnenday, at four cents por 1, or $2 ! WOLUNPARY CORRESPONDENCE, comtaining (mportans meet ried from ann ge luan Gopueonnnry ARs | Ube "y oR Forxiar Co! . Parncctancr Rrqurerm 70 Smal al Letrai ax® PA0m OVO NOTICE wsken of gmonymouacoreapondenc Woda we EM “ve 3 advertisements én- fenaLn, and in the with neatness, cheapness and de- encwed every Wrexty Henatp, FaMie California and European Bditions. JOB PRINTING executed patch seenecee MGs 132 | AMUSEMENTS THIS EVENING, ACADEMY OF MUSIO, Fourteenth street, —Iratiam Orgrs —La Favonita NIBLO’S GARDEN, Broadway.—Ros Ror. WERY THEATRE, Bawery.—Locretis Bongia—Foun aero N anand Baxe—Tom Oninaua's Loa. METROPOLITAN THEAT! vack—Puetry Pisce oF Busi WALLAOK’S THEATRE. Broadway.—Mornina Caui— Onakues Xi1.—Box ap Cox. LAURA KKENE’S THEATRE, No, 634 Broadway.—Miv- Sommer Nigur’s Dazam. Fnteeg hoor Max. Bveaing— Gate Burtoo’s).—Honcn- ES, RNUM’# AMERIOAN MUSEUM. woon—foxs of Tim Reronuc—Harry Jxssiz Vexz—Tux Harry Maw, WOOD'S HINETREL BUILDING, 661 and 563 Brosdway— riers ‘Bonas, Daxces, £0.—Ganut or tas Lace. - New York, Friday, May 13, 1 The News. I al of the Tennessee at New Orleans we s from the city of Mexico to the ist and from Vera Cruz to the Sth inst. The news is important. At the capital anarchy prevailed, and a movement to reinstate Zuloaga in the Presi- dency was daily expected. Miramon and the priests were endeavoring to raise a considerable loan on pledge of the church property, but with not the re- mo! chance of success. General Robles was at Jalapa, surrounded by the troops of Ampudia, Llave and Traconis—all waiting, it is reported, for some new turn of affairs. Private accounts received at Washington terday represent the prospects for the erals taking the capital as very encouraging, The effects of the war news continued to be developed in our commercial and financial movements yester The cotton market, with- out further depression of importance was unsetled, and sales were confined to about 400 bales from store. The wildness manifested by dealers and Speculators in flour continued, and State and Western brands advanced from 25c. a 30c., and even more in some cases. The advance jn South ern flour reached from 20c. to 40c. per bar- rel. The sales of aM kinds embraced about 31,000 barrels, included in which Were 3,500 Southern, Wheat was again in good demand and active, with a good milling request, closing at an advance of 5c. to 7c. per busl Corn was firmer, with fair sal k was e With free sales of new mess a $17 50, thin do. at $1650 a $17, and prime at $ a $14; and a sale of m deliverable in June, seller’s option, was made at $17 50. Beef took a decided jump, especially for NEW laid over for future action. The Board concurred with the Aldermen in appropriating $380,000 for the Central Park. Our colored population bid fair to rival the white folks and upper tendom, particularly in their de. sire for other people’s wives. The Rev. Mr. Till man (colored clergyman) sued for and obtained a divorce from his ) Anne, for promiscuous illicit | indulgences, for a series of years past, with the Rev. Mr. Cato (colored divine) and other gentlemen | of the same hue. One white man was included in the amorous category, but he came forward and denied the soft impeachment under oath. The Count Joannes, allas George Jones, appears | in our law courts as a plaintiff against a Sunday paper in an action for libel. The ship William Tapscott arrived at this port yesterday, with 726 Mormon emigrant passengers, The Quarantine Commissioners have purchased the old steamship Falcon, and are fitting her up as a floating hospital for yellow fever patients and persons afflicted with other infectious diseases. She will be got in readiness with all possible des- patch gpd anchored in the lower bay. The Presidential Question—The Political Parties and Issues of the Day. The domestic agitation of our political affairs has degenerated into the jabber and jargon of Babel, a confusion of tongues which nobody can unravel, and concerning which the great bulk of the American people appear now to be utter- ly indifferent. While our democratic organs are discussing, North and South, East and West, the knotty abstractions of Congressional sovereigaty, Supreme Court sovereignty, popular sovereign- ty and squatter sovereignty in the Territories, over the subject of slavery, and while thus the democratic party is cut up into squabbling fac- tions, the great Northern republican party, on the Broad and general issue of hostility to slavery, are confidently preparing for the fight. At the same time there ia, North and South, the greatest abundance of floating materials for the organization of a powerful third party for the Presidency, for the possession of which both the republicans and the democracy are plotting and counterplotting. We have seen enough, however, to know that a coalition between the Northern republicans and the Southern elements of the opposition in 1860 is entirely out of the question, and that the fusion ef the Southern opposition with the democracy is equally im- possible. Here, then, in the opposition party of the South we have the nucleus of an inevitable third party in the Presidential contest; but as yet we cannot determine whether this third party will be confined to the Southern States, or ex- tended into the broad proportions of a national organization. Within a week or so the Virginia State elec- tion, for Governor, Legislature and members of Congress, will come off. The opposition there, disbanded with the election of Mr. Buchanan, reorganized a few months ago upon the gene- ral principles of the old whig party, in view of the Presidential contest; and they have been making a considerable noise over the chances of defeating the democracy even in this preliminary battle. But of late they have resorted to such frivolous and trifling expedients of electionecr- ing, and to such vain devices for cutting out the democracy on the Southern side of the nigger question, that we have ceased to count upon a political revolution in the Old Dominion during the present spring. Indeed, from the significant fact that not only*in Virginia, but also in Ken- tucky and Tennessee, the opposition are driven to the miserable expedient of shouting “nigger, repacked, prime mess and India, which were sold freely athigher prices. Lard was also firmer. Sugara were steady, with sales of 600 a 700 hhds. at rates given in another column. Coffee was firm, with sales of 2,200 bags Rio at private terms, and 100 mats Javaatlic. Freight engagements were mo derate, and rates without change of moment. Tea continued steady, and at the late auction sale, chiefly greens, prices were sustained, though they closed with less spirit. Sales of oolongs, good to fine, were reported at 45c. a5i7}e. No saltpetre was on sale in this market yester- day, and the supplies in Boston had been withdrawn. The last sale of crude was made at 8$c.—now held higher. Thhe stock in first hands on the Ist of May embraced about 21,000 bags, against 28,677 at the same time last year, and the deliveries since the Ist of January have been 27,000, against 30,000 last year. As saltpetre (nitrate of potash) can be manufactured from nitrate of soda, and the English government prohibited the exportation of the former from Calcutta during the Crimean war, large supplies of the latter were ob tained at Iquiqui, in Peru, or the Pacific—consider. able quantities of which were brought to New York. This article has taken a start with saltpetre within a few days. Sales of 5,000 bags have changed hands at an advance on previous rates; 500 do. more sold, to arrive, at 4c., six months; and 3,500 do., in Baltimore, on speculation and on pri- vate terms. Owing to the advance of grain, whiskey has, within a few days, advanced from 4 to 5 cents per gallon, having closed yesterday at 30 cents. Rum has, with other cheap spirits, participated in the advance, and yed Cuba molasses, largély em- ployed in its distillation, advanced yesterday from 2 to 3 cents per gallon. Rice has also advanced, owing to the war feeling and increased export de- mand. The sales yesterday reached 1,100 a 1,200 casks at 34c. a 5c., the latter figure for prime. There was ‘able excitement in Wall street yesterdi again suffered a further de- preciat Several failures occurred among the stock bro , the most important being the house of Jacob Little & Co. { We have dates from Havana to the 10th inst : but they furnish no news of general interest. Sugar was dull and declining in p We publish to-day corr dence from Utah up to the 16th ultimo. The ns and Gentiles were pe aceable, but exy esting times. The mi f the Saints | exhibit the «: order of former days. During the a in this city som might be done to senda b Attalion of plastic convert Brigham and the Apoe- We again devote a ip ss reports of the weetings, FuJ! of the Amer” tonal iter of our spacg to | ge por ceedings of the reary | and interesting reports are given ! .ican Home Missionary Society, the Na- | ratory ariners’ Society, the Young Men’s Cluis n, the Am n Society for Ameliorating lition of the Jews, the Associated Alumni ninary, the African Civi- American Congregational ible Society, the American Society. the Boston American ‘Tract Society, the Deaf and Dumb Institution, the Five Point e American Tem- pre tian U perance U onal Woman’s Rights Convention. | At the meeting of the Board of Aldermen yes: | terday the Mayor sent in te nomination of Dennis | Carolin for the office of City Inspector. The com- munication was forthwith returned to the Mayor, A resolution was adopted inquiring of the Street | Commissioner the causes of the delay in the com- pletion of the Battery enlargement. Several other subjects of public interest came before the Board, as will be seen by our report of the proceedings. The Board of Councilmen were in session last evening, but their proceedings wore devvid of in- | ually Jarge namber of repo outine matters, were p: ted ° | vention t* Convention, the American | nigger, nigger,” louder than the democracy, we must conclude that the “nigger” is the only ex- isting political issue in the South of any vitality. It would thus appear that as the Southern op position have undertaken the task of cutting out the Southern democracy as the defenders of slavery, there will be no room fora fusion of the old line whigs and Americans of the South with their anxious brethren of the North in 1860. Certainly, from the straits to which the opposition of the South are now driven upon the slavery question, it will be utterly impossible to patch up any compromise platform upon which they may fuse with the republicans for the Pre- sidency. “Where, then”—may the Southern opposition party ask, as Mr. Webster inquired when left alone with the administration of John Tyler— “Where, then, are we to go?” Their only alterna- tive will be to fall back upos something like the Fillmore movement of 1856, leaving out the dark lantern and the bigotries and mummeries of Know Nothingism. But the profitless battle of 1856 will have left its discouragements be- hind to this third party. We see that these dis- couragements are operafing now in the despe- rate appeals of these Americans and old line whigs, North and South, for a door by which they canenter the republican camp. Let them make up their minds that no such door will be- opened; for the republican managers are re- Solved not to hazard the ground they occupy in the North for that sort of support in the South which cannot promise them a single Southern State. Such, from the present appearances of our po- litical parties, will be the shaping of the battle in 1860—a more sharply defined sectional con- test upon slavery between the republicans and the democracy than that of 1856. With the repudiation of Seward, and the nomination of some sugh Western man as Chase, of Ohio, the chances of a republican victory will also be greater, if we may judge from the pferent dis- locations, divisions and squabbles "mong the democracy. Thus, in 1860, the dmocracy may fall through at Charleston ‘gs they fell through at Baltimore in 1848, r- ‘; -pon the slavery question. But in the long int “ ie . -cval of a year which lies be tween this pre’ int time and the Charleston Con- «ere may be a wonderful revolution in position, prospects and relative strength of ouv political parties, and all our calculations of to-day may thus become as obsolete in reference to the succession as the predictions of ten years ago. i We know not how we may be affer’ed com- mercially or politically by this imp? ading Earo- | pean war, but we do know tha it has become the absorbing subject of public attention in this country, ag in the rest of the civiitzed world, A dead calm in reference to the parties, factions, schemes and plots for the next Presidency has thus suddenly fallen upon the public mind. In the meantime the revived and ‘ill increasing financial and commercial prosperity of the coun- try is filling up the public treasury, and giving | abundant employment in all our agricultural, manufacturing and commercial operations. Kan- | sas is out of the way, the Utah trouble will pro- | bably trouble us no more, The settlement of | the affairs of Central America, Cuba and Mexico | Upon a colid American basis are now withia the easy reach of our government. The administra- tion of Mr. Buchanan stands firm, and is gaining grout d every day. Ith: athercd the roagh of it » an) bas noy nothing 9 t he ef r0 part YORK HERALD, FRIDAY, MAY 13, 1859.-TRIPLE SHEET. fear, but everything to hope for, from the party: and the country. May we not, then, all these things considered, discover, with the advent of the year 1860, that the present divisions of parties and sections upon the remains of the Kaasas nigger agitation have ceaged to exiat; that a new order of things and a reconstruction of parties is at hand, and that the democracy, reorganized upon the basis of the satisfactory and popular adwinistration of Mr. Buchanan, have again the Presidency at their command. Are we not in the midst of an epoch of the most momentous and comprehensive political changes and reconstructions, and can we expect to escape? England’s Position in the Present Contest— Coburg Intrigues, and the Example of James I. A wise policy at the present juncture of affairs in Europe will keep England out of all entangling alliances with the continental Pow- ers, and lead her to tread alone the true path of greatness, In whatever way we contemplate her position, we can but see that she is not a continental Power, and is in no way called upon to imbrue her hands or pour out her treasure in the present strife. It is the admitted principle of her politi- cal existence that the Hanoverian dynasty reigns for the good of the people of England, and not for the benefit of the house of Hanover or the family of Coburg. The English people have neither sympathies nor interests with the rotten remnants of the old feudal system that still stains the face of Europe. They have neither love nor craving for the oligarchical and ecclesiastical systems that still enchuin the energies of the continental nations, Their true sympathies and their real interests link them with the free na- tions beyond the seas that have sprung from their loins, and those younger members of the republic of trade whose growing wants lead them to quaff at the fountains of her industry: In fact, England is an interoceanic Power, and not a continental one. In the present strife that agitates Europe she can gain nothing by taking part in it, nor can she lose, whatever result betide. France and Russia, whose modern political systems are so essentially different from the Charlemagnian scheme of government, have embarked in the conflict for the purpose of assimilating the go- vernments of Burope to their own. In order to succeed, they must avail themselves of and cle- vate the popular element; and in doing this they deprive themselves, in no small degree, of that power for evil which a concentrated despotism wields, The conflict of today may be confined to Italy; an Italian nation may be created by the force of Napoleon’s will; but the moment the elements of popular discontent which now exist in Italy, and which give him the power to tear down there the old feudal and ecclesiastical tyranpies, are removed, his empire assumes a new character and becomes subject to new laws. Extension and diffusion will have weakened his centralizing force, while the popular exigencies fostered by him cannot be ignored or set aside. He must modify his system so as to comply with them, or other Powers will avail themselves of the hopes he has created to overthrow him, as did the allied sovereigns of Europe to overthrow his predecessor. It was only by promising constitu- tional government and reforms that the old dynasties were able to rouse the people against the first Napoleon. Those promises are still unfulfilled, except where they have been com- pelled in part by the terrors of 1848, There is a party in England that still clings to the remnants of the feudal system, and which would gladly re-establish there the policy of George ILL and William Pitt. It sympathizes with Austria and the priest-ridden tyraunies of Italy. It would again install the old plans of European coalitions and British subsidies to save the rotten thrones. It would wring millions of money out of the British people by taxes on every conceivable thing, to be squandered in saving corrupt dynasties and selfish crowns from the wrath of the centinental nations. This party is to-day in possession of the cabinet, the palace, and even the throne of England. Coburg in- trigues agitate every circle in London, and pene- trate every court in Europe. They have led the British government into numberless follies in the recent negotiations; they have cooled the friend- ly sentiment between it and France; they have lowered the prestige and moral influence of the national power abroad; and they have striven to defeat the aspirations of the popular heart at home. We shall not be surprised to learn that, in order to carry out their selfish aims, they have gone or will go still further in their un tighteous labors. It is well known that Nicholas II. propossd to England a division of the effects of the “sick man”’—Turkey—giving Egypt to England, Coa- stantinople to Russia, and dividing the empire of Asia between them. Enogland refused this because it was full of injustice aud fraught with danger to her. The great point of the Coburg intrigues will now be to break up the Russo- French alliance; and in order to do this they are very capable of making to Russia the offer which England has before so scornfally rejected. This would bring England again into the Ea- ropean conflict, and besides forcing her to accept what was and is so fall of danger to her empire in the East, would lay upon the already well burthened shoulders of her people another moun- tain of many millioned debt. There are not wanting liberal and right minded men in Eng- land who perceive the full extent of the dangers to which these Coburg intrigners subject her; and it would not be at all surprising to see, if they undertake to make England again to pay the cost in blood and treasure of rivettiog the chains of the nations of Europe, a popular effer- vescence that would drive Prince Albert from the land, and narhaps even the Queen from the throne, ‘placing the Prince of Wales upon it, ag Gid the English people in the case of James IL. and his daughter Anne. Mestre ix Tm Merrororss.—The particular at- tention that has been paid during the last twen- ty years to the musical education of our youth, especially those of the beau sexe, has had a great tendency towards making the taste for music universal. What was considered a luxury is now almost a necessity, and the most modest household is not completely furnished without a pianoforte. The@usinees of music printing and publishing has increased so as to rival that of the European capitals; the Opera audiences are fastidiously critical, and our resident musicians are producing works which will compare favor- ably with those of the best masters abroad. Composers, artists and professors find themeelves more free here than in Europe, and, other things being equal, prefer to stay with us, Thus we have in New York teachers who are in every way capable to complete the education of au advanced pupil, orsveu to giv ena ty prima donna of the best order. One of the most accowplished masters and ackaowledged best conductor of Italian operas is Signor Muzio, who is now the chef d'orchestre at the Academy, aud the teacher of Mlle. Piccolomini. Sigaor Muzio is still a young man, and has been a protége of Maestro Verdi, who has expressed the highest hopes for his future. Among Muzio's composi- tions are several operas, and he bay just had issued by C. Breusing, 701 Broadway, two grace- ful and spirited works—the “Cambon and Buby” and “Piccolomini” polkas. We are glad to know that so excellent a musician as Maestro Muzio intends to reside permanently in the United States. He will do much towards im- proving the musical taste of the country. The News from Mexico—Present and Future Condition of that Republic. The advices by the steamer Tennessee, from Vera Cruz, do not show any great change in the chronic evils that afflict the republic of Mexico. Nothing is said of the whereabouts of Degollado and the mass of constitutional forces that were recently besieging the capital. The troops of Traconis and La Liave, who were to ca‘ch Mira mon at Aculcingo, and were reported a fortnight since as being within twelve leagues of and in full march for the city of Mexico, are now repre- sented as hemming in Robles at Jalapa, who, it is said, will pronounce if hardly pressed. If that is the case, why they do not press him “hardly” we cannot conceive. Certain triumphs of the eonstitutionalists on the west coast are reported confirmed, yet for months past we have been constantly told that no other party than the con_ stitutionalists held a single port in the country. Mejia is represented as having been defeated, but which Mejia, where he was beaten, and who beat him, are not given. On the other hand it is stated that Robles has stopped the American mails from coming down from the capital, that Miramon is in great straits for money, and that the pricsts are endeavoring to raise a loan of forty millions of dollars on the pledge of the church property. They might just as well have made the sum a hundred and forty millions while they were about it. From these facts, however, meager as they are, certain truths are evident that should teach both Mexicans and foreigners what is the true condition of Mexico. The power of government has been lost by society there, and every place lives in anarchy till some of the troops of the contending parties march in to plunder it, when a great victory is chronicled. As a general thing the country obeys neither Juarez nor Miramon; but every partisan leader or robber chief is ruler for the time, wherever he may be. Under this state of things, property, debts and wealth in Mexico are rapidly ceasing to be anything but a mere name. As for the priests raising money on the pledge of their possessions, it cannot be done. A year ago, when they were much stronger than now, and when Juarez was fleeing from Mexico to Queretaro, from Queretaro to Guanajuato, from Guanajuato to Colima, and from Colima to New Orleans, their paper was being discounted in the capital at the rate of thirty-six per cent per annum. To-day it can- not be done at ninety-six per cent. And yet this very property is the only pabulum of Miramon, and the only hope of Juarez, to provide the means for establishing a government, reorganizing society and paying their debts. Nominally this wealth is great; in fact it has little or no value whatever. The church party, with a title that has been re- spected for centuries, cannot raise a dollar on it, for nobody has confidence that they can transfer permanent possession. So also, should the libe- rals gain possession of it, they will not be able to raise a dollar from it, for no one can purchase from them their disputed title with any confi- dence in its enjoyment. In the meanwhile a struggle between the two claimants is going on that is breaking up the roads and bridges, tear- ing down the towns and cities, corrupting and converting the people into robbers, and turning the fertile fields and beautiful haciendas into a wilderness. It is stated that Traconis and his forces were expecting advices from the city of Mexico, and this would indicate that Degollado, Zuazua, Garza, Blanco, Alvarez, and numerous other constitutional leaders, are hovering in the vicini- ty of that capital. Perhaps they are waiting ad- vices from Traconis and La Llave. Bat it makes no difference, The capture of the city will not cnd the conflict. It will only reverse the positfon of ihe parifes. Miramon will then be outside, and Degollado & Co. in. Dirtomitic Reserve.—If anything were want- ing to confirm the propriety of the course pur- sued by the President in the case of the Hon. Jobn Forsyth, our late Minister to Mexico, it is furnished by the recent conduct of that indi- vidual. Had Mr. Forsyth been wise he would have accepted quietly his necessary withdrawal from the Mexican mission, honorably covered as it was by the good nature and considerate deli- cacy of Mr.Buchanan. He belongs, however, to a class of men who, with the fairest intentions, are continually being betrayed into blunders by an exaggerated estimate of their own impor- tance. Hehas had the misfortune, too, to in- herit a name of some distinction—the worst legacy that can fall to the Ict of a vain man. Hence it is that we have four column manifestoes informing the world why it is that the country does not still enjoy the diplomatic services of the Hon. John Forsyth. If there is one reason more patent than an- other why this gentlemen is unfitted for so re- sponsible a post as that which he lately occapied, it is to be found in the gencwal tone and charac- ter of his let'er to the Mobile Register. Itis something new for an ex-diplomatist to rush into print with statements of the confid:ntial commu- nications which have passed between him and his government. We can conceive nothing more in- Giserect, more injurious to the public interests, or more damaging to the individual himself, If such an example were to be generally followed it would be impossible to carry on this branch of the public service with advantage. There would no longer exist between the government and its representatives that fullness of confidence and personal reliance which are essential to the proper discharge of their respeo- tive duties. If inthe relations of social life it is considered indelicate to make public what is waid or written under an implied obligation of regerve, it is obviously doubly improper for au ex-minister in this gentleman’s position to ex. pose to the world the views or instructions which have been communicated to him by the Executive in his official capacity. This, however, is a matter of taste. The Hon Jobn Forsyth evidently does not think that he has violated any official or conventional obliga- tion in the course he bas pursued. We leare him in the selfcomplacent enjoyment of this feeling, expreesing only oar regret that when he | most celebrated financiers of New York and of was in the humor for making these confidences he did not given us an explanation of the cir. cumstances under which he was outwitted in the treaty businees by the Zuloaga government, or ofthe motives that induced him to lend his aid to the concealment of the stolen church property, which constituted what he,is pleased to designate as “General Blanco’s military chest.” Faivre or Jacos Lirtae—Finsr Ervecr or tur Evrorgan War iv New Yorx.—One of the this country, Jacob Little, failed yesterday, in consequence of bis extensive operations in stocks, which were depreciated by the intelligence from Europe announcing the certainty of war and that hostilities had actually commenced by the Austrians crossing the frontiers of Sardinia. With him went down some others, and there isno doubt that more will soon share in the catastrophe. Mr. Little bought on time, and the stocks now delivered are not worth what he had agreed to pay for them. He is thus rendered bankrupt. He struggled manfully for the last few days against the storm, but he had to succumb at last. He will soon be afloat again on his ele. ment—an ocean of speculation, Like a true sailor he loves it for its excitements and its dan- gers. Nobody doubts that Jacob Little will pay one hundred cents on the dollar. Everybody you meet in the street, who has heard of his failure, exclaims—*“ Oh, he will pay!” At the time of the last panio, when he failed, everybody said he would turn out all right ; and so it came to pass. The consequence was that his name was just as good after as before, and he would be trusted for millions. This is the fourth or fifth time he has failed, but he always comes right side uppermost in the end. No failures or dangers of failures deter isis bold mil- lionaire speculator. He is a weather- beaten veteran in the service, but he must be up and doing again. He is like a bold mariner who has been many times shipwrecked, but still gains the shore, and as soon as he re- covers from the hardships he has suffered, forgets the past and puts to sea once more. Jacob Lit- tle could no more live without operating in stocks than could a genuine tar out of a ship. Though this failure has undoubtedly happened in consequence of the war, it would be a very erroncous conclusion to regard it in the light of a commercial bankruptcy, or as the commence- ment of a series of failures in business. Fifty stockbrokers have just failed in England—their failures did not affect the commercial men. The failure of Jacob Little and other stockbrokers here will not affect the trade or commerce of the country. Ie has merely lost money, which other men have gained. It is in the nature of gambling transactions—the gain and loss have changed hands. If a man goes into a gambling house and loses half a million of dollars, that cannot affect his neighbors around him engaged in legitimate businees. Dealing in stocks is no- thing else than gambling. Jacob Little has been a very successful operator; but, like other adventurous men, he is sometimes caught in the storm. Still his motto is—“Nothing venture, nothing win.” He is the most enterprising and honest of speculators. : Our trade and commerce will go on more briskly than ever in consequence of the war. A very large portion of the carrying trade will fall to our ships, as neutral bottoms, when the merchant marine of the bellige- rents will be excluded. Our agriculture will be stimulated,. for there is always a greater consumption of food and clothing in nations when at war than at peace, while they have less meams for producing either. The able bodied population are taken into the armies, and both agriculture and manufactures are deprived of so many hands. These nations must have re- course to foreign countries for food, and some- times even for clothing and other articles. The European nations engaged in the present war will have to come to us for breadstuffs, and they will have to pay us in gold, for they will not be able to send us an equivalent in manufactured arti- cles. Our own manufactures will receive an im- pulee, and large numbers of mechanics will emi- grate to our shores from the scene of war. The firat effect upon us wist undoubtedly be one of prosperity. But not so witn the inhabitants of those countries where war rages, Their Cocupa- tions are interrupted, while taxation is in creased, and the prices of provisions are raised. And such of them as live upon annuities con- sisting of the interest of money in the funds (and they constitute a very large number both in France and England) will suffer severely by ihe depreciation of these securities. Thus the war mania in Europe, which will make bank rupts of its governments and its people, will only serve to build up the prosperity and the power of the United States. Tue Murrorouis Repivivus.—After the storm of the crisis of °57 and the revulsion of ’58, we had a sort of calm or stagnation all over the country, and, of couree, in the metropolis, which is a sort of barometer for the provinces, The summer and fall of 1858 were what we call dull times—the early winter, stagnant. But with February and March succeeding came a great rush of imports and a heavy run upon the gen- tlemen who take tolls for our mutual Uncle in the politician’s Pine street paradise. Broad, Beaver, Pearl, William, Liberty and Cedar streets, Maiden lane and lower Broadway be- came invigorated with new life, which, with the opening of April, had its due effect upon trade of all kinds, public amusements, the Opera theatres, &c., the world of fasbion, frivolity and chevaliers of all sorts, Everything looked like 4 prosperous spring, a flush autumn and an easy winter ; when, lo! and behold! the great Euro- pean war cloud burst, and everybody forgot everything else in discussing the movements of the Powers, and wondering what effect they would have upon the United States. Down go the London and other exchanges, smashed are half a dozen English stock | brokers, cerulean is the aspect of Wall street, bitter are the scratches of the bears and loud the roars of the bulls—some of whom have been laid by the heels and all severely wrenched by the horns. But the sorrows of Wall strect are not of much consequence. It is no great matter whether one or twenty stock gamblers break. They are quite used to it; and the public, which bears other people's misfortunes remarkably well, don’t mind it a bit. Speculation in the products of the soil, in all that we buy from or sell to Europe, is rife. Those who have planted the corn and the wheat shall reap the harvest. We shall get more money for what we send abroad than before, and buy their goods at a cheaper peer signs of prosperity are all about us. The tide of Southern travel has begun to flow in npon the metropolis, The great hotels are Ming | the Op yd Mie theatres are ett flourish i) ing; the hotel keepers at the watering plices are laying out for a great summer season, which, if they are wise enough to treat their guests well, they may haye, * . The war in Europe will help us in many ways, Among other things it will exile from Germauy, Italy and France many of the best operatic artists, who will come to us and give us x bril- liant ensemble for the next season, when we expect to have plenty of money wherewith to pay them. Piccolomini, who is the leading European star now with us, has the field to herself; she purposes going back to Europe very soon, but it is not improbable that she may return in season for the great revival, which will be in its full swing next autumn—a revival of business, a re- vival of financial affairs, a revival of the markets, 4 revival of the Opera, a revival of the fashions- ble.world, and who knows but another revival of religion. A eee Josuva R. Gippiwas Fuuty Evxporses ves Rocuester Maniesto—We publish to-day the material portions of the late letter of Joshua R. Giddings, of Ohio, on the Oberlin fugitive slave rescue cases, from which it will be seen that he endorses the teachings and doctrines of Mr. Sew- ard’s Rochester manifveto to the fullest extent, Giddings says flatly that the parties who disre- garded the law in that fugitive rescue case “did right;” that “their error consisted in sparing the lives of the slave catchers;” that “those pirates should have been delivered over to the colored men and consigned to the doom of pirates, which should have been speedily executed;” and, to cap the climax, this veteran abolition sinner sub- stuntially declares that when fugitive slaves can 'no longer be seized with impunity from the hands of their masters and spirited off to Cana- da, it will be high time to abolish the federal government and set up anew one. All this may be considered the raving of an insane aboli- tionist of tbe crazy Garrisonian school; and yet these bloody instructions of Giddings are per- fectly consistent with those of the Rochester manifesto and its “irrepressible conflict” with slavery. Seward may retarn from the “irre- pressible conflict” in Europe a better and a wiser man; but having given his cue to Gid- dings, he must be content to be laid upon the same shelf among our political fossils; and there will be an “irrepressible conflict” against him until this thing shell be accomplished. IMPORTANT FROM MEX'CO. Anarchy at the Capital—Efforts of Miramen and the Clergy te Rake a Loan—Plets to Reinstate Zuloaga in the Presi- dency—The British Minister in % Bad Odor—The Liberals Sanguine of Success, &e., &e., &o. New Orxans, May 12, 1859. The Tennessee brings dates from Vera Cruz to the 8th, anc from the city of Mexico to the lat of May. The news ig important. Great confusion existed at the capital, where a change in the*Presidency was daily expected, and an outbreak com- sequently feared. Miramon was trying to raise money from European capitalists on a pledge of the church property, the Arch- bishop consenting to the mortgage, ‘The indignation of the Britiah residents against Mr. Ot- ‘way is very atrong. Plots were in existence to oust Miramon and reinstate Zalonga. The clergy had been trying to raise $40,000,000 for Mi- yamon, but were unguccesstul. On the 2d instant Miramon issued a decree directing alt the Gulf ports to be closed to foreign ¢ommerce. General Robles was at Jalapa with 1,000 men. He had issued # decree forbidding the passage of the American mails, : General Robles was still at Jalapa, surrounded by Gone- rals Ampudia, Llave and Traconis, all waiting the result of matters at the capital. Ifdriyen close Robles wilt pronounce. Guadalajara bad been taken by the liberals, ‘The capture of Tepic, San Blas, Colima and Manzanillo by the liberals is confirmed, Gcneral Mejia had been completely routed by the libe- Tale, with the loss of 500 prisoners, amoog whom is re- Perted to be himeelf, The Eoglish acd French fleets were still at Saorl- ficios. Tho entire position of affairs ig squally. Minister McLane had returned to Vera Cruz in bad health. Wastaron, May 12, 1859, Private deapyiches from Mexico, telegraphed from Now Orieans to Washtsyjon, represent the prospects of the liberals for taking the capital as very encouraging. The effarts of Miramon to raise money in Europe on the church property are considered as futile, in view of the hostile condition of affairs on that continent. The taking of the City of Mexico by the constitutionalists is con- sidered merely a question of tim’. Our Special Washington Despatch. DEMAND FROM CANADA FOR THE SURRENDER OF AN ALLEGED CRIMINAL—OFFICIAL DBSPATCHES FROM OUR MINISTERS IN EUROPE—WHAT IS THOUGHT OF THE WAR CKISIS—DEPARTURE OF THE AUSTRIAN MINISTER, ETC. Wasmyaron, May 12, 1869. The Governor General of Canada, through the British Minister herc, has madea demand upon this government for the surrender of Deputy Marshal Tyler, who shot the captain of the American brig Concord, of Cleveland, while lying in Sarnia, in Canada, ‘Tyler, a short time since, was tried in Michigan, and convicted of manslaughter. ‘They now demand his surrender under the Ashburton ex: tradition treaty. There are queations of law involved in the case which require it to be ladd before thé Attorney General, who bas tie case now under consideration. The State Department to-day received a heavy mail, brought by the Persia, The letters from our Ministers all mention the active warlike preparations making, and the impression generally prevails among the leadixig states- men of Europe that the entire Continent will be convulsed by war. Mr. Huisemann, the Austrian Minister, has taken hig departure, and will be abscut in Europe for many months. The Secretary of War left this morning for Richmond, on his way to Abingdon, Va., his homo. He wiil be ab- sent two or three weeks. Col. Drinkard, Chief Clerk, has besn appointed acting Secretary. Mr. Greenwood, the recently appointed Commissioner of Indian Affairs, has entered upon the duties of his ofice. iss News from Nicaragua, “New Onukays, May 12, 1859. We have advices from Nicaregua to May 2. No evoat of importance had happened there since the last previous dates. It was reported thet Monsieur Belly was trying hard to buy the Nicaraguan Congress. The Lottery Dealers’ Case. Avousta, May 9, 1959. The long expected trial of the prosecution against Swann & Co., for vending lottery tickets, commenced to- day inthe Superior Coart of this (Richmond) county, Judge W. W. Holt presiding. When the case was called, und the coungel on both sides announced, that they were ready, the Ion. A. H. Stephens, for tho defendants, moved that the cage be diemissed. Perhaps it would be more correct to say thata preliminary motion, aifecting all the © was maiie by counsel for the defendants to te jadista vt an to g ounde Puse-Betow 2 oT ace" cise 6 4 ogatast the ace