The New York Herald Newspaper, June 13, 1859, Page 4

4 —— NEW YORK HERALD. JAMES GORDOR ENNED®, EDITOK AND PROPRIETOR. YION ¥, W. CORNER OF FULTON AND NASSAU STS. advance. Me sont mati will be at the aR! cert admea' acl vetteed as eaeeripton wns LY MRRALD. too conte , BT per annum. THE DAIL paecory, FE WEEKLY HERALD. evory oie Pu or $8 por annum; the Burepean Watnee! SF: conta per cory. “Piper ann tan part of Ore Grier to any part’ of the Continent, ; Ealvornia Bion con the Sih cancl 204A of “eacd month at eke Ponte or ‘annum Oru PAMILY HERALD, om Wadnesday, at four cents per or $2 per anno, : orontany CORRESPONDENCE, contawring sevortot Wetugicuaa fe” gat Bek Foxtuas Coksearoroesrn a4 “ ue Ovn Fort Jone Pauncotantt Rugurorks to Beat 4. Ueroe® 4xD PACK: it US. MONO NOTICE taken of anonymous correspondence. We do no ‘efectedd commun icati’ ; ‘TISEM ENTS ad every day; advertisements in aad én the Wn tuLY p, FaMiLy Hewan, and in te fornia and Eurovean Biitions JOB PRINTING exoruied with neatness, cheapness and de sees Na, 163 AMUSEMENTS THIS EVENING, ACADEMY OF MUSIC, Fourtecath street—Irauiaw Ora- Ra~ManTHa. NIBLO'S GARDEN, Broadway —Fatuerise ano Pe Teecio—Warenman—Tue ViLLaGers. BOWERY THEATRE, Bowery.—Oor Frap Saci—Scr GRON OF Pass, METROPOLITAN THEATRE (Lave Burton'h).—fcu0or vox EoaNDAL WALLAOK’S THEATRE, Broadway.—Temrration—Les BON FoR Huspanps—Harry May, LAURA KEENS'E THEATES, No. 54 Broadway.— Eenestisk—Cocsin Jon MERICAN MOSKUM, Sroadvray.—After oa tnd Evoniage fine Tans Arcodaver Tus HAKoN, WOOD'S MOVETRAL KULLDING, 661 and 663 Broatway— Brarorias Sones. Daxces, &0,—S0amrint ERYANTS’ MISSTRELS, MEOH ANICK’ BALL, 427 Broad: way.—¥ecae Sonos, &¢.—Usun Ur. HOOLKEY'S MINGTKELS, 44 Broadway.—Tus Avtoms- ton Loven. New York, Monday, June 13, 1859. MAILS FOR EUROPE. The New York Herald--Edkion for Europe. The Conard mail steamehip America, Capt, Millar, will [tave Boston, on Wednesday, for Liverpool. ‘The European mails will close in this city to-morrew af- terpoon, ut half past one o'clock, to go by ratiroad, and at four o'clock, to go by steamboat. ‘The European ovition of the Hraatp will be published wt ten o'clock in the morning. Single copies, in wrappers, six cents, Subscriptions and advertisements for any edition of the New York Henavy will be received at the following places In Europe:— Lowpon....Sampeon Low, Son & Co. 47 Ludgate Hill. Parw....,.Causing, Baldwin & Co. , 8 piace de la Bourse. Livagroon .Lansing, Starr & R Stuart, 10 Exchange street, East. Haves... Lansing, Baldwin & Co., 21 Rue Cornelia, Humurc. . De Cbapeaaronge & Co. ‘The contents of the European edition of the Hrrarp will combine the news received by mali aad telegraph at tho office during the previous week and up to the hour of the pubdlication. ©o., No. 9 Chapel stroe!, The News. The Star of the West had not arrived at the hour of going to press. Her non-arrival may be occa- sioned by delay at Key West, where it was under- Stood she would touch. Letters from the American Minister at the Court of Berlin express the opinion that the war wil! eventually involve the whole of Europe. The minor German States are anxious to take part in it, but Prussia will maintain her position of neu- trality if possible. The letter of our correspondent in Munich, Ba- varia, published this morning, is of a highly impor- tant character, as tending to elucidate the feeling which exists in some of the States of the German Confederation towards France and Austria whilst fighting in Italy. The government of Bavaria, al- though professing neutrality, had ordered all the great lines of railway in the kingdom to be placed at the use of the Austrian officers for the purpose of conveying an army of forty-five thousand men to the scene of conflict. The advance guard of this force had reached the city, and both officers and men were received with the greatest enthusiasm— the ladies throwing them boquets and the men cry- ing vivas for Francis, Joseph. General Clam-Gallas, Austrian commander in the Tyrol, had sent his stud of war chargers, consisting of twenty pure blooded Arabians, to Munich. Bavaria excuses herself for rting that the Austrian army of rins part of the force of the German Con- nister to Spain, is not very quisition of Cuba by our go- ment. He had an interview with the Presi- s General speaks highly of He dent on § the Sp ‘h people and of the Queen Mother. aleo expresses the opinion that the new Mini from this country will be quite popular in Madrid. The letter of our Havana correspondent, given this morning, contai 1 the news brought by the Quaker City, with the latest market reports, an ample resumé of which was published in the Heap on Sunday. Our Buenos Ayres correspondents, writing on the 19th of April, say that there was little doubt bat General Urquiza would soon invade the pro- vince, in order, if possible, to again subject it to the rule of the Argentine Confederation. Active preparations were made for a defence, but the peo- ple were divided in sentiment. The prosecution of the editor Calvo, by the government, had weaken- ed its power very much. fhe sons of foreigners not citizens were forced to serve in the army. Hon. Jawes B. Peden and Hon. B.C. Yancey were both in Buenos Ayres. On Saturday evening a lady named Davis, while partaking of some refreshments in a saloon in William street, in company with her husband, was shot in the back of the neck bya bullet from an air gun, fired from an upper story of the Globe Hotel by a man named Wilson, who was firing for amusement at the gas lamp in the street. The ball was euccessfully extracted from the neck of the lady, but so near was she to being killed by the bullet, that had it entered the neck half an inch further to the right death would have instdtly occurred. James Leaby, who plead guilty to an attempt to commit arson in the fourth degree, but on whom judgment was suspended by the Recorder on con- dition of his leaving the country, was arrested on & bench warrant on Friday last, and committed to prison to await sentence. One of the parties im- plicated in the transaction, named Michael Lynch who has been confined since December last in the Tombs, has made a full confession of the whole af fair, which shows a deliberate attempt to fire the store for the sake of obtaining the insurance money. What adds to the enormity of the offence is the fact that several families, who might have ‘been burned up, dwelt over the store, The state ment of Lynch is given elsewhere. The news received by the North Briton at Quebec on Sa turday, imparted a decidedly better tone to the cotton mar kot, which closed at an improvement of about one-quarter cont per Ib. The sales embraced about 3,500 bales, about 1,000 of which were in transit. We now qnote middling uplands at 21X40. 011%. >. Owing mainly to ac. ‘counts of injury to the crops from unfavorable weather at the West, the flour market was firmer and more active, Gad eales were pretty freely mace, both to the trade and tosome exteot on epeculation. A sample of new flour from the Bellevue Mille, Pittsburg, Pa , was exhibited on ’Change yesterday, which was the Grat received from the West this season, Southern dour closed with more firmness. Wheat was firmer and in fair request, ‘The sales embraced Southern whit * $1 80 and red Bovthern et $175, white M: a at $182, ang teed white Kentuoky at $1 $73¢, Corn was Orm, but not day. ' active, Pork was without chang» of momvnt, bat ta good demand for future doitvery, Sales of now mess at $17, and $16 for primo. Sales were made of prime, buyere’ option, 30 and 00 days, on private terms. Toe saloe of sugars embraced about 700 a 800-hhds., nowrly all Cubas, at unchuoged prices, and about 1,200 4 1,600 boxes Havanes at 6c. a 62{c, Coffee waa more active, With eales of about 2,160 bags Rio, cbiofly at t1c. a Llige., | including $00 do, at 103¢0., and 1,000 do. St. Momingo at | Pet | speaking, while rates wore unchanged. Freight engagements wore fair, comparatively | Dissotving Views of the American Party—A Northern and a Southern Opposition Move- ment. From the card which we publish this morn- ing, of the American State Central Committee of Georgia, it will be seen that, in auswer to oumerous applicattous for a call of a State Con- vention, the Commitice, “after due cousaltation and deliberation,” “have deemed it expedient not to call said Convemion.” On the other band, they think it advisable to take a wider range than that of the barren and Jimited field ot Know Nothingism, aud they accordiagly recom- mend a general union of the opposition “against the spurfous democracy.” “Let us make a com- mon cause,” say the wise men of this American committee, and, “together with conservative whigs and independent democrats, make a bold descent vpon the spoilsmen, and together share in the honors of victory.” A sagacious plan of operations; and“in order to carry it out, the commitee call a general op- position State Convention “on the third Wednes- day of July, and request a full representation of their best and most experienced men, without respect to political antecedents, provided they are known to be opposed to the party in power.” This is simply following in the wake of the new opposition movements in Virginia, Ken- tucky and Tennessee; and, from a certain allu- sion in the aforesaid call, it is manifest that in this new opposition movement of Georgia, like that of the other States mentioned, they will endeavor to cut under the Southern democracy on the slavery question. Speaking of the “un- psrelleled abuses and frauds’ of the demo- cratic party, this Georgia opposition commit- tee sets down as the worst the election of “an abolition Governor (John Letcher) over a Southern State (Virginia)—a State which owes more to the institution of slavery than all the South besides, having acquired riches and power by the professional business of breeding slaves for sale.” There is much significancy in this fling at the abolitionism of the Virginia democracy. Some years ago Mr. Letcher was among the en- dorsers of a pamphlet deprecating slavery as a “moral, social and political evil,” and recom- mending the organization of the mountainous or western division of Virginia, in which there are very few slaves, into a separate free State, Kor this bold transgression, however, against “the slave power,” Mr. Letcher subsequently repent- ed, recanted, confessed, and was absolved; but still this thing has been remembered in the late election, in the eastern or slaveholding counties aga‘net him, and in the comparatively non-slave- holding and free soil western counties, in his favor. Thus, east of the “ Blue Ridge” he was defeated on account of these aforesaid anti- slavery sentiments, but west of said boundary they have elected him. And we may take it for granted that a cool, calculating politician of Western Virginia, like Mr. Letcher, never would have recommended the creation of a free State of that section of the State, had he not possessed good grounds for believing that the public sen- timent thereof was strongly inclined in the same direction. It will thus be ceen that the new opposition or- ganization of Georgia, in this fling at the “abo- lition Governor” of Virginia, intend to cut un- der the Southern democracy as the party devoted to the great Southern institution of slavery, and they intend to make a bold push for the spoils involved in their local State elections, The new opposition party of Kentucky and of Tennessee have adopted the same game, and with very fair prospects of success. In spite of the election of Letcher, all the results of the Virginia election, taken together, in- dicate a substantial moral victory to the oppo- sition party; and if slavery did not exist under a more precarious tenure in Virginia than in any other Southern State south of Maryland, Gog- gin, as the champion of the slaveholding interest, himself an extensive slavcholder, would have been elected Governor. Upon their new plat- form as a Southern pro-slavery party, the oppo- sition in Kentucky, Tennessee and Georgia will undoubtedly do much better than they have done in Virginia; for in those three aforesaid States they have the additional encouragement of repeated victories heretofore, and an existing demoraliza- tion of the democracy to an extent never before known. At all events, this Georgia movement, pro. claiming the dissolution of the late American party there, leaves that party throughout the South dissolved, saving and excepting the State of Maryland. But there, too, in season for their fall election we may expect the formal burial of the defunct monster of Know Nothingism. And the particular feature of national interest in these new Southern opposition movements is thefr strong pro-slavery seasoning. It thus be- comes a fixed fact that the opposition forces of the South in 1860 will occupy an independent sectional position as a Southern pro. slavery party, and thus they may possibly, upon an in- dependent ticket of their own, carry three, four, five or half. a dozen of the Southern States. At the same time, these pro-slavery tendencies of the opposition forces South will absolve the re- publican party North from the policy of sec- tional concessions for the sake of a national com- bination. But while it is thus evident that the oppo- sition in 1860 will be divided into two sectional parties, the symptoms are growing stronger every day ofa similar split among the demo- cracy. The Southern wing of the party cannot fall back, for fear of losing ground in the South, and the Northern wing has already been pulver- ized under the Leavy concessions exacted by the | “slave power.” The only chance of salvation to the democracy as a national party is in a solid | reunion upon the common basis of Mr. Bucha nan’s administration, and in support of that bold and popular foreign policy which he has indi- cated. Nothing else will serve to break up and obliterate the strong and deep sectional lines that now divide all parties upon the negro ques- tion. But there is very little hope of the return of that “sober second thought” to our demo- cratic dieorganizers in season to save their party from the wrecks of a sectional scrub race, So then, let itbe, The corruptions and demo- ralizations of our politicians and spoilsmen, of bigh and low degree, cannot be made much worse; and even from the gathering revolu- | tionary elements of a sectional scrub race, we may derive eomething in the way of a general Political eystem of reform. When all parties, NEW YORK HERALD, MONDAY, JUNE 13, 1859, 8 tons, factions and cliques are stecped in the 4 very dregs of corruption, the people are disposed cory “anything for a change,” The News from Europe—The War and Its Various Phases. We published in yesterday’s Henan the news from Europe brought by the steamship North Briton end telegraphed from Quebec, This news was up to the Ist of June. The intelligence may be summed up in the following points:— First—Public confidence had been so far re- stored that the price of English consols had gone up to'he point at which they stood before the war pavic, A simflar degree of buoyancy pre- vailed on the Paris Rourse, Second—It was reported that 80 soon ag Milan would fall into the bande of the French, strenuous efforts (or pence would be made by England and Prnesia, Thiid—The Military Conunittee of the German Diet at Frankfort was reported to have agreed on recommending to the Diet the placing of a federal army of observation on the Rhine, Fourth—There was a report that Garibaldi, after entering Como on the 27th of May, had been defeated by a superior force on the 29th, and had withdrawn into the canton of Tessin, Turin despatches, however, represented him as making further progress. Fifth—Tbe Eoperor of Austria had arrived at Verona on the 31st of May, accompanied by his brother, the Archduke Charles, and Baron Hess, the great strategist. On the other haad, the Emperor of the French was about to move his headquarters from Alessandria to Casale, and it was expected that he would be baok in Paris in August. Sixth—That the Austrians are reported to have made a forward movement in considerable force t» Bobbio. These, we believe, embrace all the features of the news by the North Briton. The reaction ia the funds is an evidence of the belief of the public in England and France that the preeent war will not be of long duration. When the news of the famous ultimatum of the Austrians to the Sardinian government reached London, the panic created by the intelligence was co great that in one day consols fell 34 per cent. Th: total depression reached was five per cent—repreeenting a loss of $200,000,000 in British funds alone. The funds have now gone up to the same point at which they stood before the panic, so that the fluctuatious in English consols in the course of one short moath were to the enormons extent of four hundred millions of dollars. I+ would probably be a low estimate if, for the whole of Europe, we should eay that a thousand millions of dollars represent the effect of that single movement across the Ticino. The paragraph stating that the report in Paris was, that “as soon as the French enter Milan England and Prussia will make most strenuous efforts to end the war,” is of the utmost signi- ficance. If it mean anything at all, it means that the belief is that Austria will not be able to maintain her position against the French and Italians, that Milan will be wrested from her; that the Austrian hold on Lombardy will be broken, and that until such result be accom- plished England and Prussia will look on pas- sively, and not interpose between the comba- tants. But then, when that point of the war arrives—which seems to be regarded as a fore- gone conclusion—these Powers will step in and ery “Peace.” Then they will mediate. With what object? Evidently not to undo the work achieved by the united armies of France and Italy, and to reinstate Francis Joseph in the possession of his Lombardo-Venetian kingdom but to prevent the allies “carrying the war into Africa,” and too largely curtailing the dimen. sions of the Austrian empire. It may be that a hope is entertained that a compromise might be effected by which, while the independence of Lombardy should be recognized, the Aus. trian dominion might still be exercised over Venetia to the Mincio. It is believed that whenever Louis Napoleon shall have achieved a victory that will cover the French arms with glory—such as the storming of the Malakoff has been, and asthe taking of Milan may be—he will be ready and willing to make a peace, and might agree to such terms as these Still, it is not easy to see how anything short of the independence of the whole Italian peninsula can be accepted by the allies. The war was un- dertaken with that one object in view. The question was simply and comprehensively stated by Louis Napoleon in his war message, when he said that “Austria must either rule up to the Alps, or Italy must be free to the shores of the Adriatic.” It would seem plain, therefore, that the other Powers of Europe have made up their minds to the latter alteraative, and will only in- terfere when it comes to pasa. If the recommendation of the Military Commit- tee of the German Diet be approved by the Diet, and a federal army of observation be placed on the Rhine, it might lead to complications which would involve all Europe in the flames of war. Strangely enough, the German element has been thoroughly aroused on the subject of this war, and the feeling throughout the entire federation is represented as being bitterly hostile to Louis Napoleon. A letter from our Munich correspon- dent, which we publish to-day, givesa clear view of the public feeling in that part of Germany. The pareage of Austrian troops from Bohemia through the kingdom of Bavaria will have the effect—and Probably has been so designed—of redoubling the enthusiasm there; and it is easy to perceive how, with such excitement prevatling in the Ger- man breast, the presence of a federal army along the Rhine might light a spark which would set all Europe in a blaze. Austria has the predomi- nant influence in the Frankfort Diet. Her pleni- potentlary holds the presidency of that body; and ever since 1848, when Prusaia failed in her effort to combine all Germany in herself, the secondary Powers—euch as Bavaria, Wartemberg, Saxony and the Hesses—have followed the lead of Aus- tria. Whatever influence Prussta ean wield in the Diet will doubtless be exercised against the proposition of the Military Committee—it being her policy, as ft is her hope, to see her rival, Aus- tria, bumiliated. But Lovis Napoleon, while he carefully avoided anything that could justify united Germany in taking up arms against him, is prepared for euch a movement, He has left behind him in France an army of between two and three hundred thousand men, under the com- mand of the Duke of Malakoff, so posted as to be able to be placed along the frontiers within a few days. And according to the terms of his seerct treaty with Russia that Power will operate in his favor by placing an army of observation on the Prussian frontiers, The revolntionary element throughout Earope is also held in ro- serve by him, Thus, it is so arranged that un- Jers all the other Powers look on and permit the fight to be falrly fought out.in Italy, tho dogs of f war will be let sp throughout the Continent, and every country in Europe be iavolved. That Teflection is perhaps the surest guarantee that Austria will be permitted to fight it out in Italy unalded by any other Power, and that conse- quently the war will be of brief duration. There is some doubt as to Garibaldi’s move- ments 'n Upper Lombardy. It has been suggest- ed that by amovement of Austiians from Milan alon. the Ticino, Garibaldi and his ten thousand volunteesa would be taken in flank and entirely cut off But that movement has been guarded ‘woll st, 80 that If it took place a counter move- ment in support of Garibaldi would be made by the Sardinian corps d’armée under Cialdini, and the Austrians would be thas placed be- twen two fires, The report that the Austrians in considerable force had occupied Bobbio is important if true. There are two places named Bobblo—one on a branch of the Gogna, midway between the Ticiao and Vercelli, and the other on the Trebbia, on the boundéary of Parma. It is a forward movement of the Austrians, whether to the Gogna or Trebbia. The presence of the two Emperors of France and Austria and the King of Sardinia in the campaign lends additional éclat to it, and will probably have the effect of hastening a pitshed battle on a grand scale—the result of which, if adverse to the Austrians, may be decisive of the stroggle. That is the impression which seems to prevail in Europe, and which has had the effect of restoring confidence to the money markets of London and Paria, Thue it will be seen that the news by the next two or three steamers will be of the highest im- portance. Advices to the 4th inst., four days later, may be received by the way of Cape Race to-morrow or next day. The Atiantic Teiegraph. The disappointment of the expectations raised by the temporary realization of the Atlantic tele- graph is being felt more severely now than when the eventual failure of the cable was ascertained. The intense interest created by the struggle ia Ttaly, and its influence on the commerce of the world, render our community more than ever impatient of the obstacles that oppose themselves to the rapid transmission of intelligence. To know that the facilities of telegraphic communi- cation with Europe are within our reach, and to be kept from their enjoyment by difficulties which are owing rather to bad organization than to natural impediments, is tantalizing in the ex- treme. This feeling of impatience is increased by the delays thrown in the way of the usual overland communications, which, although tem- porary, are the more provoking from their unne- cessary character. Weare glad to find that there is a reasonable hope of a speedy termination to this annoying state of things. The Atlantic telegraph has by this time, we trust, been placed under conditions that will insure its effective working within the next eighteen months, Such, at least, we gather to be its prospects from the following circular:— ATLANTIC TELEGRAPH COMPANY—EXTRAORDINARY N oe lie eee de SHAREHOLDERS. siatobolders in tho Atlantis Tolograph ern, street, within the city eal of Sane, 1880 hed ial report from the anectace of e ving a spec: from Tropaid company, and for submitting to the shareholders, pL get CE GW py joment ¢1 ween ‘8 = envand the deesore ayy And notice is hereby PS d resolutions will be submitted to such extraordinary meeting for agp | the Ghapirteee or ooleriaee emo capa jrce al new ‘not exceeding six hundred . And it is further intended to propose thai the nominal value of the shares in such capital shall be five pounds xpedie1 And notice is he farther given, that it will be pro- rg Ba meeting to entirely re- constitute the Board of Direction of tho Atlantic Telegraph Company; and that for this purpose the whole of the pre- sent members of the board will retire at the said meoting, in order that a reduction in the number of directors may de effected. And at the said mecting a list of gentlemen will be sub- mitted for the approval of the shareholders, to whom it is thought desirablo to commit the future direction of the company; and @ proposal will also be submitted to the shareholders for temunerating the directors for their fu- ture services. And notice is hereby given that resolutions will be sab. mitted for enabling and authorizing the present and future directors, apd the company, to carry out one or ail or avy of the prepesed arvagoments set forth in the present no- tice. . GEO. SAWARD, Secretary, 22 Orv Broan strmer, Loxpox, May 21, 1859. The first point to be decided at this mecting was, whether the conditions of the guarantee offered by the English government on the new capital to be created should be accepted. The English government, it wiil be recollected, has agreed to guarantee cight per cent on the £600,000 thus raieed, fora certain period, pro- vided the line is kept in working order. When it ceases to be available for the transmission of intelligence the guarantee ceases to have effect. The question, therefore, is whether there can be found a sufficient number of capitalists having confidence enough in the enterprise to run the risk of this conditional arrangement. The feasi- bility of the line having been demonstrated by the partial success of the last experiment, we do not believe that much difficulty will be expe- rienced in raising the requisite amount of addi- tional capital. The enormous benefits which would result to the commercial classes on both sides from the completion of the undertaking would in themselves be sufficient inducement for them to cover a much larger amount of risk than is involved in this condition. The next coueideration which the shareholders were to be called upon to discuss was one the expediency of which has long been apparent to people at this side of the Atlantic. Although the present board of directors is composed of men of high character and posttion, it is notorious that they are laboring under feelings of deep discouragement at their repeated failares, and that with their money they have lost all the pluck with which they embarked in the enter- prise. To enter upon another experiment with @ board thus demoralized would be to court the chances of another disappointment, and there- fore we approve of the movement that has been made to iufuse new blood into the direction, What the old heads might fail to accomplish, new ones may probably carry through, from the fact that they bring unimpaired confidence and fresh energies to the task. A new board will, hesides, get rid of the “ entangling alliances” which it is suspected have contributed more than any other caure to the failure of the last experiment, These two measures decided upon, there will remain the question as to what steps it will be advisable to take to ra establish the telegraphic connection between the coasts of Ireland and Newfoundland. If the saving of time be deemed a paramonn‘ consideration, then the plan of under-runnin and repairing the present cable will be adopted It is calonlated that this work will cost at least $100,000; but if the expenditure of this amount ‘can ineure the immediate working of the line, even though to a partial extent, it will not be thrown away. Many, however, will argue that even this imperfect result canpot be seoured (rom the existing onble; avd it is possible that their objections way prevail. In Skis event it is pertain that nothing can be done this eummer towards the ay ng down of new cable, aud we sholi be another year without enjoying the beuvills of telegraphic communication with Europe, The prospect a8 it now stands is, however, a better one than that which the hitherto unexplaluable inaction of the company held out. According to the advices received yesterday, the terms offered by the government to the Atlantic Telegraph Company are as foliows:— An eight per cent guarantee for twenty-five years, provided the cable is in successful operation at the rate of one hundred words per hour, and £20,000 per ennum for mersages; the arraage- ment for £14,000 to stand good to the company in return for the surrender of the exclusive privi- lege of landing # cable on the coast of Newfound- lord. Mr. Cyrus W. Field’s departure for Europe has, we believe, been necessitated by the nego- tiations connected with this latter condition, so that the affairs of the company look as if they were in a fair way of arrangement. Whilst on the subject of submarine telegraphs, we may mention that the Red Sea cable has been suc- cessfully Jaid from Suez to Perim—a distance of 1,260 miles; thus affording additional confirma- tion of the practicability of ocean lines, Inconsistencies of Public Men--Kossuth on Napoleon, ‘The recent speeches of Kossuth in London and Manchester have attracted a good deal of atten- tion, They offer a singular contrast in their personal allusions to the opinions ‘expressed by M. Kossuth in 1851. Inconsistency in public men is allowable, for as the times change they must change with them. The revolutionary leaders in Europe are the only class who profess to be an ex- ception to this rule—immutability in principles and opinion being their watchword. In the case of Kossuth, we are not surprised at any change which he may make in his course, for he is one of those men with whom expedieacy will always be the prevailing motive. We gave him credit, however, for more adroitness than he hss displayed in the recanta- tions made in his late speeches in re- gard to the French Emperor. To show the little ecrupuloueness that marks his conduct when he has an object to attain, we present our readers with extracts from his speeches in 1851 and 1859, having reference to Napoleon’s career. The portraits which he has drawn of him in these two years have, it will be owned, but little resemblance to each other. Their dis- similarity arises, not from any alteration in the Emperor since that period, but from the pecu- larly versatile constitution of Kossuth’s mind. Not merely, however, in his personal judgments, but in his prescience of events, wil! these speeches show the orator at fault. In 1s told the people of Philadelphia that Louis Napoleon was a humbug, that the coup d’état was an insult to the people of France, and that the continuance of his usurpation was impossible. In 1859 he tells the people of London that the French Em- peror is going to be the saviour of oppressed nationalities, and that there is no danger of his imitating the errors by wh'ch the first Napoleon fell. In an article commenting upon the speech of 1851, an extract from which will be found else- where, we expesed the extreme character of the opinions therein expressed, and showed that the coup d’état was @ necessity imposed upon Louis Napoleon by the critical cireumstances in which France was placed. We pointed out how the cause of liberty in Europe had been ruined by the folly, ignorance and want of skill of the poet statesmen and “lip warriors” who had Placed themselves at the head of the revolu- tionary movements in 1848, and the socialism, irreligion and violence which their incapacity had evoked. From personal observation of the then condition and feelings of France, we ex- Pressed ourselves satiefled that that country had yet another cycle of imperial rule to ran before she would arrive at the degree of religion, intelligence and morality which was required to fit her for a republican government. It is cu- tious how clorely these views have been borne out, whilst those of the Hungarian orator have been 0 completely falsified. Louis Napoleon has not only maintained his position un-haken up to the present time, but the wisdom and firm- ness of his course have secured for him the confi- dence, if not the affection, of the great body of the French people. But more than this—we find him taking up the cause of the oppressed Euro- pean nationalities at the point where it was dropped by the revolutionary leaders of 1848, and pushing forward the'work of emanc‘pation with a sagacity, firmness and skill of combination which were wanting to the latter, and which alone, according to even Koesuth’s admission, can achieve the liberation of the enslaved popula- tions of Europe. These are remarkable revolutions of opinion, and they go to confirm the general correctness of the judgments formed on this side of the At lantic on European affairs. Republicans though we are, we are not to be blinded by the sophis- tries of demagogues like Kossuth, who care not into what difficulties they plunge the world pro- vided they can advance their own ambitious aims. Whilst these men are continually com- pelled to shift their position from their readiness to embrace extreme views, we, regarding ma‘ ters throngb an impartial and calmer medium, generally find our first impressions turn out tight. Gov. Wise xp His Piatrorm.—The Richmond Enquirer contends that “ Virginia leads the van” in bebaif of the Southern democratio policy of Congressional legislation for the protection of slavery in the Territories, This signifies that Gov. Wise has planted himself upon this hobby as bis wivning Southern card in the Charleston Convention; but suppose the Convention should explode under the spontaneous combustion of this new Southern version of “ popular sove- reignty.”” What then? Will Gov. Wise be abie to save the pieces? Or will there be any escape for the Governor from the general wreck? We bave heard of an old cookery book, in which the instructions for cooking a rabbit begin with this sound advice, “First get your rabbit.” So, with regard to the democratic nomination at Charles- ton, we would say, firat get your party together. But if to this end “Virginia leads the van”— for a code of slave laws for the Territories—what is to become of {he New York, Ponnsylvania or Minois democracy ? Pike’s Peax.—Recent accounts from Pike's Peak report some very astonishing discoveries of gold. This is, no doubt, a weak invention of the frontier speculators to arrest the stampede of the the starving army of returning adventurers. None but the most credulous fouls will pay any atten: tion to these transparent flotons of from Afty to _— five bonded dollars e day, We think, however, it weuld be well for tue government to detail a competent [officer or two from tbe army of Utah to Pike's Peok, for the purpose of obtaluing « se- H report of the real character of "hose diye ings, An exploration of this sort might stil save a 2008 many sinmpetoos a Jong, an® worse than usalese joummey, aud be wsefal to the woweru- ment in wavy other respeote, Wh: Tnevense of the Amoctean Mieet in the Gul hac Mey be Gone in the Crisis in Mexiow Atfubrs. Tt will be seen by onr Washington despatch that the force of oar Howe Squadron ia the Guif of Mexico is to be largely inoreased, and that several of our stall stcamers,’ which are the only veesels available in the shallow porw of Mexico, bave been ordered there. This covgregation of our squadron in the Guif of Mexico is an unusual thing, particularly at the present season of the year, bat the course of events renders it absolutely necessary. The President exbibits both prudence and sagacity in thus taking timely meacures to prevent greater complications, which may lead us iate an unwilling aud expensive war. The destruc- tive conflict that has been so long raging in Mexico has reduced both parties there to a state of extreme exhaustion, and both are making ex- ‘raordinary exertions to raise means for the cam- paign to be opened as soon as the wet eeasoa on the coast shall bave closed. The insurgent priesthood that holds the capital, having a strong ecclesiastical organization and abundant wealih, will probably find ways aud means to replenish the coffers of their superstitious parti- sans; while the constitutional party must rely on their own patriotic, but impoverished re- sources, and such assistance from abroad as the friends of civilization and humanity can give them. Should the priest-ridden party at the capital succeed in extending their sway to the ports of the republic, it would be almost impossible to prevent a secoud war between us aud Mexico. Their course in the city of Mexico, and other places under their rule, fuliy proves this, They have insulted our Minister aud brokeu off iriend- ly relations with us; they have driven off ouc Consul, and intrigued to prevent any other di plomatic representative there from extending to us the usual courtesy of holding the official re- presentation of American interests during the suspension of direct intercourse; they have plun- dered and murdered our citizens upon the most specious and unfounded pretexts; and they have proclaimed a crueade against all not professing the Roman Catholic faith, directing their perse- cution pointedly against American citizens and American interests. Should the insurgeat party, holding these views and possessing these antece- dents, menace the constitutionalists, who occupy the ports, with any chance of success, it would become the duty of our government to order the navy to take every possible step for the protec- tion of our citizens and their interests, Further than this, the constitutional govera. ment has been recognized by us; it has afforded every possible favor and protection to our citi- zens; it sustains principles of government ia ac- cordance with, and even copied from, our own; it seeks closer and more intimate political and commercial relations with this country; and it looks to American sympathy and aid in its pre- sent struggle to establish a constitutional govern. ment in Mexico. Should it find itself in any dan- ger of not being able to continue the protection it has hitherto granted to our citizens and interest, and cull upon our Minister or naval commanders to land forces and protect our own rights, and the rights of constitutional govern- ment at the same time, American forces should be at hand at any moment to do this, They might do even more. President Juarez is williug and desirous to make reparation for the injuries inflicted upon our citizens by past usurping and anarchical governments in Mexico. Should he be willing to make a treaty for the settlement of American claims, ceding any proportion of the duties collected in the Gulf ports, and stipulating that we should hold those ports, under his Supreme government, during the collection of the sums specified, we should accept the offec and fulfil it, Such a course would not only secure our citi- zens, and the payment of their just claims, but it would protect the base of operations of the constitutional government, and render disposa- ble for operations against the rebels in the in- terior the large forces now required to garrison Vera Cruz and the other Gulf ports. It would at once give to the constitutional government in Mexico a stability that no government there has known for many years, and enable it to restore peace, order and liberty to that distracted re- public. For this purpose the usual power of the navy and the constitutional authority of the President are quite sufficient, without any extra legislation, and there can be little doubt that the Senate would ratify. the treaty, The fleet ‘soon to be congregated in the Gulf will comprise 15 vessels, mounting 228 guns, and the force of marines that could be landed from them at the request of President Juarez would be amply sut- ficient to hold the ports under his authority against all contingencies. It may be asked how the other Powers would look on such a course on our part, They would look on it precisely as their interests might dic- tate ; and the true interest of all the commercial nations in the world lies in the establishment of a stable and independent government in Mexico, and the restoration ofher eight millions of people to the active scenes of comiaerce. England ia the party most interested. Her conveatious would be respected and her bondbolders paid. Ina Political aspect, too, she would be well satiafied. She was the first nation to recoguise the inde- pendence of Mexico; she has always manifested an interest in the proservation of liberal institu. tions in America, and she sympathizes with every people struggling to attain the benefits of civili- zation, Her present unworthy Minister in Mox!- co does not represent English ideas, os the fre- quent protests of many British subjects there attest. He is leagued with the tenacious ene- mies of her independence and honor, and with the partisans of a liberticide faction that rejeots the civilization of the age, and ignores all legal order and progress except it come through the crosier and passive obedience, and contribute to their traitorous projects against the nationality of Mexico. That such a Minister should repre- sent England anywhere is a stain upon her good name, and a reproach to her liberty-loving pro- fessions, The course which Mr. Buchanan has deter- mined to pursue in sending an augmented. naval force to the Gulf is a proof of his prudence and of his engacious prevision. The affairs of Mex- ico are now passing through a crisis, and many of the best interesta of this countsy and of the world will bg indebted for thelg security to hig EET ae