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4 —_—_——_——— JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFION N. W. CORNEN OF FULTON AND NASSAU STS V8, cash tn advance Money sent by matt wilt be at the TTAD ihe sender” Postage dampe not received us aubscription money. le DAILY HERALD. two cents , ST per annum TUE WEERLY HERALD, coory at six cents ‘or $3 per annus; the European Edition Wednesday of Great Brita, oe cents per copy, 4 per anmum to any part y a the Continent. both to include i the See arte Hitn nthe MA ind BAN OF each month ates conte l | SM per annum. pone ati] Y HERALD on Wednesday, at four cents per opy or Se pe cau INTARY CORRESPONDENCE, containing ¢mportant Pe a aa aero dherall id for or FOREIGN OORRESPONDESTS ARB Pence hay eobearen ro Seal 411 LETTERS 4xD Pack Aone SEAT Us. ‘NO NOTICE taken of anonymous correspondence, We do not return eaiected communications * edaaasameake VERTISEMENTS renewed every dag adver setaltn the WeenLy Hewaid, Fauity Hawaup, and inthe Gulifornia and European Editions JOB PRINTING excoued with meatness cheapness and de ———= AMUSEMENTS THIS EVENING. NISLO’S GARDEN, Brosdway.—Ssniovs Famuy—Tas ‘Tooviss. BOWSRY THEATRE, Bowery.—Bivpex Haxy—Eep Gxowe—Inisa Monmom. WALLAGK’S THEATRE, Laws eB. NATIONAL THEATBE, Chatham strest—Durau Sre0 gae—Maaio Pius. BARNUM’S AMERICAN MUSEUM, Broadway.—After- noose and Krenlag—Wraax tHe WizeRD. WOOD'S MINSTREL BUILDING, 561 and 563 Broadway— Ermioriem sonGs, Dances, &o —Bapouis Amass. Brosdway.—TEMrtaTiox— PALACE GARDEN AND HALL, Fourteenth street— Conogur axp Fiseworks. Rew York, ‘Tueeday, July 26, 1859. BAILS FOR EUROPE. Whe Sew York Heraid—Edition for Europe. The Cunard mall steamship Canada, Capt. Lang, will teave Boston on Wednesday for Liverpool. The Evropean mails will close in this city this af- ternoop, at balf past one o'clock, to go by railroad, and at Give o'clock, to go by steamboat. ‘The Buropean edition of the Hxratp will be publishea ‘@ ten o’ciock in the morning. Single copies, in wrappers, Bix cents. Subscriptions an. advertisements for any edition of the Mew Your Henawp will de received at the following places » Europe:— Lonvon....Sampson Low, Bon & Oo., 47 Ludgate Hilt. Lanniog, Starr & Oo., 74 King Wiliam street. Paxm......Lanswg, Baldwin & Co., 8 piace de ta Roures, Kavawroor. . Lansing, Siarr & Co., No. 9 Chapel street. R. Stoart, 10 Exchange strect, East. Biaves.....fansing, Baldwin & Co., 21 Rue Corneille, Hiunvra.. De Chapeauronge & Co. The contents of the European edition of the Hxarp will combine the news reccived by mail and telegraph at the office during the previous week and up to the hour ef the publication. The News. The steamship New York, which left Southamp- ton on the 12th inst., arrived at this port last even- ing. Although the advices brought by this arrival are not so late as those received by the North Bri- ton, which appeared in yesterday's HeRap, still they are very interesting, as showing the state of public feeling in Europe in the interval which elapsed between the announcement of the armistice ef the belligerent forces and the reception of the startling and unexpected news of the treaty of peace agreed upon by the Allies and Austria. The war in Italy having been drawn to a close by the treaty of peice signed at Villafranca on the llth inst. by the French and Austrian Em- Perors, a résumé of the events that have taken place during the last four months on the theatre of war becomes at this time highly importaut and interesting. In that view we have prepared, and publish to-day, a history of the war from the first scene on the banks of the Ticino until the fall of the curtain within the famous square of fortresses. The next news from Europe, which will be three days later than that received by the North Briton, is looked for with great anxiety, as it will detail the nature and exact terms of the peace so unexpect- ediy made in Italy. The advices will reach us by telegraph after the arrival of the Cunard steamship Europa at Halifax, where she is now about due- The Europa left Liverpool on Saturday, the 16th inst’ Miss Virginia Stewart, the woman who was shot by Macdonald on Saturday last, was still alive last evening, though in a very feeble condition. An attempt was made yesterday to hold anante-mortem examination of the sufferer, but the magistrate was obliged to abandon it, as, when not entirely insen- sible, she was wandering in her mind. Macdonald yesterday had symptoms of delirium tremens, but the physician of the Tombs managed to check the attack, and last evening the prisoner was pretty comfortable. We publish in another column an in- teresting statement made by the mother of the un- fortunate victim of this dreadful affair. At the meeting of the Commissioners of Health yesterday the arrivals of several vessels from Ha- vana, Matanzas and Neuvitas were announced, and they were all ordered to stop five days at Quaraa- tine and then discharge by liguters at Bilis Island. The City Inspector was authorized to con- elude a contract with John Green for removing dead animals and cffalfrom the city at $750 per month. At the meeting of the Board of Aldermen yes. terday the special order (the re-atrangement of the election districts) was postponed till the next meet- ing. The Mayor sent in a message vetoing the re- solution of the Board directing the Counsel to the Corporation to take the necessary legal measures to have avenue D, from Fourteenth to Seventeenth street, opened according to law. The property through which this avenue will ran when opened is now owned by the Manhattan Gas Light Compa- ny and the Corporation of this city—the company owning from Fourteenth to Sixteenth street, and the Corporation from Sixteenth to Seventeenth street. The Mayor also sent in a veto on the reso- lution of the Board authorizing the Croton Aque- duct Board to terminate the sewer now building in Twenty-fourth street between Righth and Ninth avenues. A resolution was adopt- ed providing for the appointmen: of a joint committee of both Boards of the Common Council, to draft an application to Gov. Morgan asking the re-organization of the Twelfth regiment. A resolution directing the Street Commissioner to procure badges for the New York Fire Depart ment, was presented and laid over. The Auditor's quarterly report, showing the accounts audited under the several heads, amounting to $5,130, 085 82, was received and ordered to be printed. A resolution to alter the plan for erecting the build- ing on the Park and Centre street, now being built for the steam fire engines, 80 as to make it Buflicient to accommodate the City Inspector's De- partment, was offered but laid over. Some routine business was disposed of, and the Board adjourned Thursday next. ; An official communication from the Bremen government states that the recent redaction of postage to 15 cents between the United States and Frankfort-on-the-Main, Saxe-Coburg-Gotha and other German States, under the direction of the Thurn and Taxis Post Office, “applies only to the ‘correspondence forwarded via Bremen,” and not to the correspondence “sent via Hamburg,” as pub- Jished in Sunday’s Heratp. ‘The Sunday question was discussed last evening in the Young Men’s Christian Association, and it “was proposed that the Association resolve itself fnto a sort of vigilance committee, to assist in en- Worcing the Sunday laws. A letter from Chicago was read to the Association, announcing that the Sabbath is greatly desecrated in that city by per- verse people who will indulge in amusements on that day, and calling for religious tracts to coun- teract the evil. ‘The European news received by the North Briton im- Parted greater firmuces to the cotton market yesierdiy, which eloeed at an advance of about 440. per Ib. The Bales embraced about 2,600 bales,on the basis of the quotations given in another column. The flour market was again heavy and prices unsettled, closing at lower rates, especially for medium and common grades. The beavy decline has led to some purchases fo: export, and, ipciuding engagements on Saturday afternoon and to day, about 1,800 bbls. have been taken for Liverpool, by steamer and sailing packet, at 04. per bb. A small lot of Gallegos Richmond flour sold at $9, while old grades of mixed and other brands were dull and enasior. Wheat opened with » fair demand, but closed beavy and at easier rates. Among the sales was new white Kentucky at $1 30 a $1 35,and choice white Southern at $1 43. ‘orn was rather c caper, buy more active, with free eales of now Western mixed at ‘800. a 830., chiefly at 82c. Jersey rye sold at 85. Pork was heavy and lower, with sales of new mess at $15 50, thin mess at $14 60, and prime at $10 560 a $10 75, chiefly at the inside figures, and 500 bbls. uninspectod heavy mesa were reported sold for Montreal at $16. Beef and iard were dull. Sugars were firm, with sales of about 900 hhds. and 150 boxes at prices given in another column. Coffee was steady, and Rio without sales of mo- ment, About 2,000 bags of Maracaibo were sold for ex- Port gt p. t ,and 171 bags Laguayra and 30 do. triage on private terms. About 4,000 pockets linseed, ex John Ha- ven, were sold in Boston at $1 623. Freight eagsge ments were moderate. Besides the flour engaged for Liy- erpool about 600 bales of cotton were taken at 3yd. Peace and the Napoleonte Policy In Europe— Whose Tarn Comes Next? The peace which Louis Napoleon has go sud- denly arranged with Austria is characteristic of the man, and is evidently a part of the same po- licy which governed him in closing the Crimean war, and which he laid down twenty years ago in his essay on the Napoleonic ideas. As with the proposition for the armistice, so, we doubt not, the terms of the peace all ema nated from him. After the successive defeats he had experienced on the field of battle, the young Emperor of Austria was in no frame of mind to proffer terms of arrangement, or to hope for such moderate conditions as those he has obtained. Louis Napoleon, on the other hand, was not only able to offer them without a shade of dishonor, but it was an importaat part of his policy to prove to Europe the moderation of his demands The moral victory be has obtained in this respect over the doubts of united Europe is worth more to his policy and dynasty than the con- quest of Venetia ten times over could have been. The cheers that went up from the benches of the British House of Com- mons when the despatch was read ao- nouncing that peace had been made, prove bow well he understands the tone and temper of Europe, and how ekilfully he plays upon them. Those cheers constitute the true ratification of bis Italian policy, for Eogland will not now op- pore it, and no other Power will dare to do so. Let us now see what this Italian policy is. Lombardy is tora from Austria, and goes to swell the power of Sardinia, now more than ever the fief of France. An Italian Confederation is formed, with the Pope at its head. The ~Pope’s coneent to this was not asked; Naples was not invited; the wishes of the petty dukes of Tas- cany, Parma and Modena were not consulted: the plan was concocted by Louis Napoleon, per- hope with the assistance of Victor Emanuel and Count Cavour; and Francis Joseph comes into it as King of Venetia. These three being agreed, the others must consent, whether they will or no, and the policy that will rule in their counsels is the Napoleonic policy. Should the Pope not consent, Louis Napoleon has only to with- draw bis troops from Rome, and the Romans will soon bring him to reason. With the Napoleonic ideas ruling in Italy, the firat thing the Pope must do is to discharge all his clerical ministers, and aduinister the Confederation through a cabinet of laymen. It isnot probable that Louis Napoleon would consent to any other course, nor Victor Emanuel, who has driven the monks and Jesuits from his domain. A little time will be required to consolidate this scheme, but it stands from this time forth, and adds another country to the list where Napoleonic ideas prevail. Thus will they go on conquering Europe, and every new advance augments the moral power of France and diminishes the weight aod unity of antagonism to them. Like a ekilful workman, Louis Napoleon stops a every new step, aud allows time to cement his ajliauces aud secure his friendships. The effect of this war, and more particularly this peace, on Austria and the rest of Germany, will be remarkable. It will drive some sense and not a few new ideas into the thick-skulled Germane. In Austria it may produce an entire change of policy on the part of the government, and enable it to reconstruct its motley empire iu accordance with the ideas of the age. The Crimean war killed the old ideas in Russia, emancipated the serfs, imbued it with the com- mercial spirit of Western Europe, lined its plains with railroads, and opened its rivers to steam navigation. The developement of these things will of iteelf beget further politi- cal and industrial revolutions there. So it will be with Austria. Her young Emperor, seeing the folly of resistance, and imbued with the new ideas, which required the cannon of Montebello, Magenta and Solferino to impress them upon the Austrian Court, is very likely to follow the example of Alexander IL, and take kindly the inoculation ot the Napoleonic ideas. There is, perhaps, another reason why he should do so. When he went into the present struggle, he counted as strongly on the assistance of the rest of Germany as Russia did on that of Austria for the war in the Crimea. Russia has now been paying Austria for her course then and Austria will yet have an opportunity to pay Prussia and the other German States for their courte now. Assoon as the rule of the Napo- leonie policy is consolidated in Italy, the Em- peror of the French will find a reason for quar- relling with some of the German States on the Rhine. The question now is, who’s turn comes next? Louis Napoleon has told the world years ago that his foreign policy is to pick his quarrels one by one, and not to have all the Powers on himself atonce. What next, then? Spain long since ad- mitted the Napoleonic ideas without the strife of erms. Rusela had to be inoculated with the bayonet, but has taken the infection very Kindly. They henceforth rule in Italy, and Austria will not again openly resist, if she does not advocate them. There remains, then, of the great Powers, only Germany and Eng. land. Nodoubt Germany will next be taken io hand. Backed by the moral consent and physi. cal quictude of Russia, Spain, Austria and Italy, France can easily flad cause of quarrel with some of the small German States, and then push ber frontier to the Rhine. Prussia, Bavaria and Ha nover have yet to swallow their recent big words and haughty menaces, The forty petty princes _XEW YORK HERALD, TUESDAY, JULY 26, 1859. ruling in Germany now resist the Napoleonic ideas, agd they must be knocked into their thick heads amid the din of battle, This will be done, and then will come the turn of England. Some may think this an error— that the people of England are already more than mbued with the commercial and progres 8 ve ideas of the Napoleonic policy, and that the cheers of a British House of Commons for a French Empcror will save England. We admit this in regard to the British people. But their rule in the government is neither secure nor sta- ble, The old Court and aristocratis party in England entertain very different views, and they are a consteot menace to the rule of the Napo- leonic ideas on the Continent. They cling to the o)d ideas of George the Third, and may at any time adopt aud endeavor to oll@ry out his policy of a coalition of all the nations against France. As long as this danger stands the Napoleonic policy is not safe. It must be removed, and tor this is Cherbourg, and the mighty navy France is creating, and the Napoleonic coalition Louis Napoleon is gradually cementing on the Conti- nent of Europe. Our Municipal Affairs—An Opening for a Revolution. We would admonish the people, the taxpaying and non-taxpating people of the city and couaty of: New York, that in November next, in our State election, and in December, in our munici- pal election, a fine opportunity will be afforded for a peaceable revolation in the management of our city affairs, To those of our fellow citizens who despair ot retrenchment, reform, or relief in any shape, or from avy source, it may be useless to appeal; but to all who believe that the people of this island possess the power of rightiag their wroags, we submit that they should begin to stir in this business the instant they discover the regular party politicians at work. And the time has arrived for this independent action; for on every tide, democratic, Tammany and anti-Tammany, republican and Know Nothing, the spoils and plunder managers are at work parcelling out their offices, contracts, monopolies, jobs, and pickings and stealings, as the terms upon which they calculate to carry these approaching No- vember and December elections The Tammany Hall democracy, utterly be- satted a°d debauched from their long career of public spoliation, are past praying for. There are balf a dozen candidates of the Old Wigwam aspiring to the office of Mayor, and every aspirant has bis little knot of followers and grogshop ruo- ners bueily mining and countermining in his bebalf to secure the Tammany nomination; and from the post of Mayor, through all the schedule of offices and epoils comprehended in our Novem. ber and December elections, the ramifications of these pot-house engineers extend. The anti- Tammany or Mozart Hall faction are controlled by a set of managers equally selfish, equally cor- rupt, and quite as active in their plots and coun- terplots as the Camanches and Pottawatomies of Tammany. The Alpha and Omega of both fac- tions are the spoils, and the game of both is the old routine of corruption, trickery, knavery, rowdyism and plunder. The republicans have given us a taste of their quality through that nice little Albany despot- iem, their Metropolitan Police system. Through their model Comptroller, Mr. Haws, they have ehown us that their dominion is of the old Tam- mavy pattern, and is simply resolvable into more taxes from year to year—more taxes, more jobs, more spoils. Through the pious Pillsbury we are now experiencing, too, the first symptoms of that rule of priestcraft over temporal affairs which, in all ages and in all nations, has proved the greatest curse of mankiud—the fiercest des- potiem and the most demoralizing, the most de- basing and the most horrible and devastating in its bloody results. To go no farther back, from the first French revolution and its Reign of Ter- ror down to this late Italian war, all the wars of Europe may be traced to this mischievous ruliog element of priestcraft in State affairs. And the incessant revolutions which have reduced poor Mexico and the other Spanish-American re- publics of this continent to their present shock- ing condition of political, religious and social de- gradation, are all due to the same cause—the crushing political despotism of a debauched and insatiable church. In that great charter of compromises, the con- stitution ofthe United States, the crowning com- promise is that in behalf of religious liberty, com- prehended in that sublime decree—“Congress shal] make no law respecting an establishment of religion, or prohibiting the free exercise thereof,” &c. Itis a remarkable fact, too, in this connection, that the Congress from which this constitutional provision emanated was (1789) held in this city of New York. We have, therefore, a peculiar right to be sensitive upon this point when the attempt to uadermine this great principle of religious liberty is made in the very city from which it was first proclaimed to the world. And can these Sabbatarians be ignorant of the ecope of their pretensions? If they can prohibit a man to-day from drinking a glaes of lager bier on the Sabbath in a public place, may they not probibit him next fron leaving bis house on Sanday, or compel him to go tochurch on the arm of a policeman, and beat the ritual into his head with a policeman’s cudgel? These Sabbatarian movements are, ia fact, but the first lesson of the old Connecticut blue lawe; but before they can be fully estab- liched the people concerned should seize the first occasion for a definite understanding upon the subject, yea or nay. To this end let all the clectors of this island— yea or nay—prepare for our November and Da- cember elections. Our religious brethren who are content to amuse themselves with their eumptuous carriages, their faust horses, and their luxurious country seats, or at the springs, or at the seashore, during the hot Sabbaths of the summer, may, if they think fit, vote that their poor brethren have no rights of enjoyment on Sunday which the rich are bound to respect; but the poor man will have the same liberty to vote the other way. Only let us have the issue made and put to the vote. But as neither our democrats, Tammany nor enti-Tammany, nor republicans, nor Know Nothings, bave any other object in view than the epoils and plunder, let the people concerned in the question of taxation, and more taxes, and religious liberty, proceed to organize for our ap- proaching elections upon an independent foot- ing. An independent people’s candidate for Mayor, for example, upor the broad platform of “municipal reform and no blue laws,” would be apt to run the gauntlet. We call upon our fel- low citizens of all parties, croeds and sects, na- tives and naturalized, who believe that religious liberty and law and order may exist together, to think, and talk, and prepare to aot upon these great issues, mow Waed and the Slave Trade. Our amiable friend of the Atbany Avening Journal bas worked bimeelf into a very savage and uncomtortable state of mind upon the sud- ject of the reopening of the African slave trade, with which movement he and some other promi- nent black republicans of the Middle and East- ern States have been implicated by public ru- mor. This public rumor having appeared in the New York Huravp, Weed proceeds to abuse us like a pickpocket, accusing us of falsehood, and. soon. Now, the case stands thas:—Some time since we publisbed a letter from Washington, stating that during the past year many cargoes of Africans had been landed in the United States. Thurlow Weed adopted this statement, and vouched for the truth of it—something that we never did. He now accuses us of falsehood, when perbaps it would be as well for him to commence by overhauling his own log. The public will remember that there are some stains on the escutcheon of the veracious Weed. He rows the boat in which we fiud Seward and the others of the same party, always on the look out for any drift wood by which they may turn a penny. Several years since, when Seward was a high priest of the Probibitory Liquor law, he be- came engaged in the business of selling wines, rum, brandy, gin, whiskey, &c.,in Auburn. And Weed, though ostensibly in favor of protection to American agricultural and manufacturing in- terests, received five thousand dollars from a concern in Boston to assist them in removing the duty which acted as a protection to our wool dealers. And this has always been the course of the Weed-Seward faction during its whole politi- cal existence. They’ have always manceuvred politically in such a way as to reap their reward pecuniarily. Money first, principles afterward, is the motto of this set of financiers, Again, if they should engage in the slave trade they could make it pay both ways. In the first place, the profits would amoaat to not less than seventy-five per centum on the outlay, and in the second, they would have a great war cry for the next Presidential electioa. By landing Africans in the South the republi- cans could make a Northern iseue on the reopen- ing of the slave trade and feather their own nests atthe same time. Fifty or seventy-five slave ships could be fitted out with a capital of half a million of dollara, and as such ships are always fitted out at the North, and especially in New England, where the black republicans are para- mount, it cannot be considered an unreasonable hypothesis to state that the black republicans of the North have really more to do with the re- opening of the slave trade than the slaveholders of the South. Oa the one hand it is the direct interest, pecuniarily and politically, of Thurlow Weed and his friends to engage ia the African trade, to pocket the spoils, and charge the odium of the traffic upon the South and the administra- tion, whose interests in every way are opposed to the importation of wild Africans. On the other hand it is the interest of the South and the administration to discountenance and put dowa the foreign slave trade by all legal means. And we put it to any reasonable man, if, judging from the antecedents of the Weed-Seward party, it is not more probable that they should be engaged in the trade rather than the Southern democrats, who could reap no possible benefit trom it. We are quite willing, nay anxious, that the whole mat- ter should be thoroughly investigated. Perhaps the story about the landing of so many Africans in the United States may have been set on foot by some political charlatan, exactly as the char- latans of the Weed school start humbuggiog statements about the South. But let us have all the light that can possibly be obtained on the subject. Captain Rynders has not yet given us the full particulars in relation to the fitting out of the alleged slave vessel which was recently seized at New Bedford. Will Captain _Rynders look ebarply about, and let us knew whether or not some of Weed’s black republican cronies had something to do with it? They gave their money to Kansas to make a party issue, and why should they not invest in the direct slave trade, which will pay—an important consideration in Maseachusetts—much better than Kansas? Cororep Justzes Downy East—The Garri- sonian abolitionists of Massachusetts have two rural celebrations of the anniversary of West Indian emancipation on the first of next month- The call for the regular Garrisonian affair goes on in this terrific way:— The liberation of eight hundred thousand slaves by the government under which they were held is an act of dis. inmtercated philanthropy, as uncommon in human legisls- tion as it is full of rignteous rebuke and touc! appeal to this slaveholding republic, Let the friends of immediate itional emancipation gather from every quarter to bear anew their testimony against a government doaf to the cry of the victims of its relentless tyranny, and a church by whose remorseless consent and complicity there millions of the Israel of God are held ia chains, to rededi- cate their “lives and fortunes” to the redemption of “the suffering and the dumb” of our land, and hasten the day wen they, too, shail be brought forth from the ineffable misery of dage to be compassed about with the songs of deliverance. We hope that some one of the speakers will make a touching appeal for the Jamaica negroes: who, by all accounts, are in a far more degraded and poverty stricken condition than the “victims of relentless tyranny” in our Southern States. Perhaps, too, a voice might be raised for the ruined white planters of the British West Indies. Is there no “song of deliverance” for them? A Sovrn Caroumian View or Wise anp Hon- TER —The Charleston Mercury is out against both the Virginia candidates for the Presidency, on the ground that they are not safe on the question of Congressional intervention in the Territories. The Hunter party are accused of truckling to the Northern democrats and of betraying the rights of the South. Hunter, it is claimed, is already killed in Virginia and the South. Wise, according to the Mercury, is “now true to the South on the question of her rights in our Terri- tories;” but he bas no more chance than Hunter, unless he is forced upon the Convention by the anti-Lecompton democrats of the North. “This is possible, but not probable;” and the Mercury concludes that both he and Hunter are placed “beyond all availability for the Presidency.” So that question is settled. South Carolina has spoken, and we breathe freer. Wise and Hunter may as well embrace, and sleep quietly in the same political grave. The argument ofthe Mer cury is not so strong as it would be were not the Union formally dissolved in another article in the same paper from which we quote, Tue Stave Trave In tHE Sovra—The South Carolinian is gratified ‘to observe from the Clay- ton (Ala) Banner that the following question wes propounded to all the candidates for the Legislature in Barbour county:—‘If elected to the Legislature, will you favor any measure tending to the reopening of the Afcican slave trade?’ and that all the candidates presont an- ewered in the negative, and Mr. Danforth also anewered in the negative for Major Browder, who was abeent from the meeting on accoyat of sickness.” It does not appear that the re-open- ing of the slave trade is looked upon favorably by avy political party in the country, except it may be by the Thurlow Weed and Sewurd fac- tion of the North, who desire to use it as a wea- pon against the South in the coming Presidential canvase, Errxcts oy THe Pracs on Our Commercra InTEREsTs.—The commercial effects of the sudden termination of this war in Italy may be of serious import to this country if we do not meet them calmly and with foresight. A great war in Europe necessarily gives an unusual stimulus to the provision and shipping interests of this country, and just as certuinly, an abrupt ter- mination of hostilities produces a sudden col- lapse. It was so at the time of the Crimean war, and the events of that period are destined to be re- peated toa great extent now. Breadstuffs, pro- visions and the carrying trade were brisk at that time, and speculation grew to gigantic propor- tions; with what a fearful result, let the revulsion of 1857 remind us. But there is another interest which will be more deeply affected still—the money interest Great wars are not conducted, and large armies moved and maintained, without vast expense, and money must be had somewhere to meet it. After the Crimean war, it will be remembered that goods of all kinds were poured into this country from Europe in immense quantities, and the draft on our money market was enormous: The reckless speculation, stimulated by that elation which extensive wars always produce brought its own inevitable reward, and the finan- cial panic of 1857 was the consequence. It will be tbe same now if we do not look out and head off the difficulty by caution and prudence. France, Austria, Italy and Germany have in- curred heavy expenses in the war just termi- nated. Even Prussia, though not a party to the struggle, must have expended large sums in mobilizing her army, and she has not the advan tage of a decreased population, which the other nations have, for she has lost no men in the cov- test. These countries will doubtless send enor mous exportations to the United States in order to raise money to meet their debts. Indeed, the effect of the war bas already commenced to be felt here in this respect. The great fair of Leip- sic this year was a failure, in consequence of the uncertain position which Germany occupied. Goods to the amount of many millions of dollars, which remained on hand, were forwarded to Hamburg for ehipment to this country, at great sacrifices, to obtain the advances which our im- porters were willing to make on them. So large were these shipments that the sailings of the Hamburg steamers were doubled, and the re- ceipts for duties in the New York Custom House alone, during two days of the week before last, amounted to nearly six hundred thousand dollars. In one respect, then, at least, the war has benefitted us. It has increased the govern- ment revenue considerably at a very opportune moment. Viewing the results of the war and its we without menace to our commercial affairs. The bread- stuff, provision and shipping interests will meet an unforeseen check, while the country will be flooded with dry goods and articles in the fancy trade, all of which must be paid for sooner or later. When goods are cheap people will pur- chase, and when the markets are “overstocked sudden termination in this aspect, will see that they are not merchants must sell on long credits. The termi- nation of the Crimean war brought about just such results, followed by the panic in 1857. The close of the present war in Italy leaves ue in im- minent danger of a similar event if we do not exercise the utmost caution to avert it. By all means let us keep cool; and by all means let the bankers take this subject into serious consideration, and if they have any knowledge of coming events which may imperil the money interests of the country, let them take in sail at once. It is the ignorance of some bankers with regard to the effects of peace and war in distant countries upon the monetary and commercial affairs of this, which so often leads to financial troubles. Their indiscretion encour. aged the speculation which eventuated so disas- trously in 1857. Let them take care that they do not follow a similar course now. A Harry Famiy.—Meszrs, Fillmore, Douglas, Ewing, Corwin and Pugh were at the same hotel in Cincinnati a short time ago. No wonder the thermometer stood at 100 degrees in the shade. Where was Barnum? THE LATEST NEWS. News from Washington, Wasncton, July 25, 2659. From Information recently received in this city, it ap- Pears that some of the Southern representatives, while Clatming to be opposed to reopening the African slave trade, are pledging themselves to introduce in Congress a Dill repealing all the statutes upon the subject, leaving it, ‘as they profess to desire, to the reguiation of the severa! States. But as the constitution confers on Congress the power to prohibit the trade, and as “death” seems to be regarded as too severe a penalty for violating what some consider merely a law regulating commerce, it is thought that others, who are opposed tothe slave trade, will agree ‘upon ® measure, with aview to make the prohibition and abolition more effective by the certainty of punish ment, otherwise than capital. And thus they think that good will result from the present agitation of the ques- tion. Mr. Gould, who came from England in the steamship Canada, passed through Washington this morning, a row to Mexico, He is attached to the British Legation in that country, and conveys important despatches thither, The President has recognized Frederick Kubne as Con sul of the Duchy of Saxe-Coburg and Gotha, in addition to his former recognition of him as Consul of the Grand Duchy of Hetse-Cansel. Commander Klitz has been ordered to the command of the Naval rendezvous at Baltimore, vice Commander Dove, who has been ordered to the command of the United States storeship Release, CREAN eee Republican State Nominations in Minnesota. Curcaco, July 25, 1859, The Republican State Convention of Mionesota, which met last week, nominated Alexander Ramsey for Gover nor, Ignatius Doonelly for Lieutenant Governor, J. H Baker for Secretary of State, and Charles Scioeifer, for Treasurer, Also Cyrus Aldrich and William Window for members of the next Congress. Fire in Olean, N. ¥. Otxan, N. ¥., Jaly 26, 1860, The extensive sush, door and blind manufactory of Stone, Eothner & Co, was destroyed last night. Insured for $2,500, The loss above the inaurance is $12,000 to $15,000. The fire is believed to have been the work of an inoen- diary, Desth of James M, Bunee. Hanrrorp, July 25, 1859, James M. Bunce, who was fatally injured while out riding last Thursday afternoon, died at twenty miauies before one o’ciook this morning. Hoe has remainod ingen- sible sinee the accident, Atlantic. New Baprorn, July 26, 1850, ‘The ship Atlantic, which has boon aground since last week was, got off to day, and towed to the wharf. Her cargo will a |. The Atiancio is under gelaure on suspicion of Atting out at this port ase glavor, > Addistonsl from Mexico. Wacmincron, July 26, 1859, New Orleans papers of Tucsday of last week are to band. The steamship Tennesrec brought from General Garas, of Tamaulipas, a request for or invitations to 3.008 Americans to pursue the civii war in Mexico; but it isnot understood that be acta under the authority of tho const. tutioval government, The expedition is to be Mtted out ad Tampico, where General Degoliado now is, und is wo oF gan ize eolely under the Stste authority, The Picayune is assured on the best authority thas the report that Minister McLane has succeeded ia eff-otiog @ definite treaty arrangement with the Juarez government is wholly without foundation, He has, howevar, for ‘warded cortain projects or propositions for the conriders tion of our government, Tne most favorable he has thas ha been able to obtain from Juarez ure by no means to Own mind, nor do they give promise of a 5; and honorable arrangement. aac sjsu General Lerdo left New Orleans on Monday for Now York. During bis sojourn in the former city hie propesi- tion to effect a loan did not, as was expected, meet wite muuch favor. srerrrereersrennmernemncns Additional from California, Sr. Lovrs, July 24, 1859, ‘The overland mail, with San Fraacisco dutes of Jaiy 1, arrived on Saturday night. The advices are as thoee received at New Orleaus by the W. H Contain some details of interest. ‘The bark Julia Castaer, of Philadelphia, bad capmacd jn San Francisco bay, and became a tota! loss. Affe at Oroville had destroyed $20,000 worth of pro- perty. ‘The heat continued intense thronghout the State; ia many places the mercury ranged from 100 to 118 in the Shade. At Santa Barbara during tho siroz00 (before re- Ported) the murcury rose to 183 in the wind. Political excitement was running high, and the candi dates of the various parties wore preparing to take the stump. ‘Tho difficulties between Mossrs. McKibben and Voffroth. had been adjusted. Senator Broderick had received and declined a challenge from D. W. Perley. Fire at North Adams, Mass. SPRINGrIKLD, Mass., July 25, 1859. A fire broke out at baif past three o’clook this after- noon in J. F. Arnold & Co.’ large planing mill at North Adams, Massachussets, The dwelling house and the boiler house adjoining were consumed, and as tho train lef the mill was falling in, The fire originated about tha boiler. It 1s ramored the property changed hands today. ‘The Schooners Iris and Mist 1a Colltstoa. Battmore, July 25, 1869. The schooner Iris, hence on Saturday for Washingtoa, N. C., came in collision same evening off Sharpe's Island, witb sobooner Mist, from New York. Both ves sels were damaged, the Mist losing ker jib>oom and cut water, the Iris 80 badly as to be obliged to return. Rescue of an Alleged Kidnapper from Pri- son, Leavexwortm, K. i , July 25, 1859. Deotor Day, under sentence in St. Joseph jail for an alleged kidnapping, was resoucd on Sanday morntog during ® violent storm, and is till at largo. Groat ex citement prevailed at St. Joseph on the annouacemsot of his escape, and a pursuit was attempted, but without success. Marsets. New Oxteans, July 25, 189. Cotton—Sales to-day 5,500 baies. The North Britoa’s advices caused an advance of ic., the improvement being mostly on the middling qualities. We quote mid- dling at 11340. a11%e., and good middling at 12% @ 123c. Sierling exchange 109% a 110 Drafts on Naw York at sixty days 134 per cent Giscount, and at signt per cent premium. Civcrmwats, July 26, 1869. Flour steady at $5 for euperfine. Worat dull. Whiskey steady at 24c. Provisions quiet and genoral'y aocha:ged. Barroore, July 26, 1859 Wy, and declined. No wales at $5 Wheat, |. Choice warte, 990. $1, Uorn steady, white and yellow, 820, » 4c. Provisions quiet. Whisgey Ic. PmiLapELrma, July 26, 1869. depressed under North Briton’s ‘an vices, dull. Whoat lower: saies of 6,000 bushels, , 27 © $131 and choice Kentucky at $1 36, red $120. Corn dull and 40. lower: yeliow 800 a8lo. Osts dull at 38. @ 390, Provisions unchanged, Whiskey dali at 270, @ 28. Oswrao, July 25-6 P. M. Market for flour and grain We & dechoing tem- ; Gani freighte duil at 25¢, oa flour, 7c, on wheat and 63<0. on corn to New York. Lake importe—16, bushels wheat, 3,100 bustels ose, No ehipments of flour or grain by canal. Shipped to ton. be nag pois, ese ond is wheat. Total amount grain afloat for Pert from the upper lakese—21,900 bushels wheat, 94,500 bushels cern. Bai iA, July 26, 1859, PHTLaDatpa, There was no stock board to day, in death ote fn Y, in consequence of the uty Intelligence. Tas Ur-Town Piocerms anp Bork Borsna Esrancrent: ‘MENTS.—The existence of numerous piggeries and booe boiling establishments in the upper part of the city, in the locality known as ‘ Hogtown,” has grown to be « most ins tolerable nujsance, detrimental to public health, and highly injurious to the topographical beauty of the upper part of the fsland, on account of their proximity to several the principal avenues, and adjoining the Central Park. The peatiferous character of these establishments is no new discovery: they have oxisted for seve ral years past, and are continually augmenting, aud have from time to time been brought to the notice of the various city inspectors, during their terms of office, with out any steps being taken for their Giscontivuance, for tho reason that it might disturb their political equii- brium. ‘They have thus been sliowed to continue up to the | aoe time, regardless of the remonstraaces of the in. bitants in 1 ebaabegee'/ to the nuisance. Things now have taken a different Png by brioging the mater to the attention of City Inspector Delavan, who, with a er mretod worthy of emulation by other blic officers, laid the facts of the caso before the Commissioners of Health, and they authorized him to ‘at once take such legal measures as would be neceassry to rid our city of these long coutinued evils. The legal notices have been served oa the proprietors of the piggeries, and nothing remains now but to carry out the letter of the law. Tae prompticuse and energotie action of Mr. Delavan bas stirred up @ nornet’s nost in elegations of small interested pot house politicians, who bave boom harraseiug bim day ani onignt to postpone action in the case until the “swaliow comes down,” for fear they might drive away a democratic majority from the Twelfth ward. ‘These disinterested (?) delegations were headed by Po- lice Justices, Aldermen, ex-Councilmen, nod a brace or 80 want to-be Senators; but all their sollditations have bed no effect upon the Colonel, who has determined not to sacrifice the health of our citizens by the toreatened inty midations of a few snarliog. uniofiuen ial politicians, who would sell the tc bealth for a few votes. The dat bas gone forth, the piggeries will be abolishea. Incenpiany Fines In Forty. rourna Srrewt—Taage Horses Borxgp 10 Daati—TIwo Dwenune Houses Parriy Dr, STROYED.—Between two and three o’clock yesierday morning a fire broke out in arange of frame stavies situated on the rear of los No. 277 Wost Forty-fourth street a near Tenth avenue. The flames spread with great vio. yence, and extended to a brick stable adjoining and two dwellings rear of Forty fifth street. The two story frame dwelling, rear of No. 290 West Forty.fitth streot, owoed @nd occupied by Charles Ackerman; the fire burned off the Toof and a portion of the second story ; damage aboat $150; iasured for $200 in the Hamiiton Iusurance Jor wuy. The flames next spread to the three story brick froat dwciling owned by James Crowe; s part of the roof aad third story wore destroyed; bern about $200; insured for $800 ta the New York fire and Marine Insurance Compaoy. The frame stables wero totally destroyed, owned by Mz Pater Connolly ; algo three horses belonging to Mr. Connolly were burned to death; horses valued at $400 and the stables at aboat $100; no insurance. There is but little doubt bat the } fire was the act of an incendiary. feaot Murphy, of the Twenty second ward, at the time of the Gre took « } man into custody on suspicion of fring the stabler, tho man baving made threats against Mr. Connolly. The Fire Mar- shal, ver, went into an immediate investigation, but not finding sufficient evidence against the accused, he directed bis liberation Scarcely had the firet fire been put ont when an alarm came from a frame bulidiog used as aide and tallow house, ‘at No. 261 Forty-fourth street, a short distance from tne lous fire. The flames spread rapidly through ths roof and caught the third story window blind of a four story tenement house adjoining. The flremeo retarned quietly to the vee and geon stopped the progress of the flames formed by the Fira Marshal, who ws at the spot, that a lot of straw was found burning under the manger of the stable, evidently the work of an incoudiary. The building betongs to Charles A. Morgan. Tao damye dove ‘will amount to about $60—fully insured in the Mechan'cs” and ‘3’ Ineurance Company. The Police and the Marshal, we understand, have suspicion of some partion, ‘and will take active measures to bring thom to justice. Jersey City News. i PRORABLE FATAL ARFRAY.--Rarly yesterday afternoon ea, affray ocourred noar the Jorsey City ferry betweon Jamee Ward, brakeman on the millstone freight train, and. | Jobm Higgins, in the employ of Major Hughes. The cause Of the trouble was in reference to some barrels of coment which bad come on the train. It is al Wi struck Higgiua a revero blow in the neck wie hee fm Giggine in reiurn seized a cart ruog and struck bis eseuil- ant Over the head, fracturing ihe ekull and knocking ‘ata senreless Tho injured man was conveyed to the New York. Hospital by officers Clark and 8), > Die it te thought that ho cannot recover, Ai ied to Re coeder Bedford for a warrant for te agurd was then lying insensible, but was refused, and { quevtly was himself taken ints custody and commited 0 awalt (bo ropult of the injury,