The New York Herald Newspaper, September 20, 1860, Page 6

6 NEW YORK HERALD. | JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE K. W. CORNER OF NASSAU AND FULTON STS, yaRMs, advance, Money sent by matt wit? be at the wick of mom "Postage stamps not received as subscription E DAILY HERALD two cants per copy, $1 per annum, ‘renewed emery day: advertisements in 0 eee Wenuur HseatD. Fasitr Hixnaip, and én the fornia ard Bi Balitions. . MMe WEEKLY HERALD, coory Saturday, at ix cents T- B8 por annum, the Buropean Edition every Weduewlay, SPH: Seats bor copy, Bh ae py per anmn foaru par’ ce font, both to énclude on par OK, Gi andl BOth of each wer copy or St Tre eaLD on Walnesday, at four cents per Cony, oF Br CORRESPONDENCE, containing tmportant ore nt CORRESPONDENCE, cing avert Male paid for. Bar Ove Founiax CoRaesronpents ane TICULARLY REQUESTED BO BBAL ALL or a ‘Larrags amp Pack- AMUSEMENTS THIS EVENING. ACADEMY OF MUSIO, Fourteenth street.—ItaLian Ore- @s—La Tuaviata. WIBLO’S GARDEN, Broadway.—Irauiax Oreas—It Poutto. WINTER GARDEN, Broadway.—Iee.ixp As It Was— Law ror Lapiss—Baaxer tax Banos. BOWERY THEATRE, Bowery.—Satax on Eanra— Sumcnon or Panis. WALLACK’S THEATRE, Broadway.—Tas Roraust— Firzsurtas. LAURA KEENE'S THEATRE, 64 Broadway.—Tas Moncey Bor. NEW BOWERY, Bowery.—Bos Ror—Laritre. ‘Day and UM'S AMERICAN MUSEUM, Broadway.—Day xyeaing-doasra asp Hus Bastunex—Livine Ounios- wins, ds. s ANTS’ MINSTRELS, Mechanics’ Hall. 473 Broadway.— staumpacen Soncs, Daxces, £0.—Wure Wasa Anay, NIBLO’S SALOON, Broadway.—Hoousr & Camranit’s Minsreais ix Erworias Boras, Daxons, &0.— Lnaccvuation Bait. NATIONAL THEATRE, Chatham street,—Orunito— Waacocs or tam Ges. CANTERBURY MUSIC HALL, 663 Broadway.—Soras, Dosces, Komasques. Ao. TRIPLE Hew York, Thursday, Se) ember 20, 1860. Hew York Herald—California Edition. ‘The mail steamship North Star, Capt. Jones, will leave $his port to-morrow, at noon, for Aspinwall ‘Tho mails for California and other parts of the Pacifio wil! close ab ten o'clock to morrow morning. ‘The New Youx Weexty Heasp—California edition— Qeataining the latest intelligence from all parts of the world, with a large quantity of loca! and miscellaucous ‘matter, wil! be published at nine o’clock in the moraing. Biagie copies, in wrappers, ready for mailing, six cents. Agoats will please send ia thelr orders as carly a3 pos- Biba The News. We have received some additional intelligence from Eorope, brought by the steamship Europa, which left Queenstown on the 9th inst. The latest despatches state that there was good reason to be- lieve that the British government had received despatches announcing Garibaldi’striamphantentry into the city of Naples on the 7th inst. The steam- ship Bremen, Captain Wessels, from Southamp- ton on the 5th inst., arrived at this port early yes- terday morning. Her advices have been antici- pated both by the Jura and Kangaroo, and also by telegraph from the Europa off Cape Race. By a decree of the President of Venezuela, rice, corn, potatoes, salt beef, lard and other necessa- ries may be introduced free of duty ‘and all im- portation charges, ordinary and extraordinary ,’’ through any of the ports of that republic. The decree wil! remain in force until repealed by the same authority. Files ef Buenos Ayres papers t July 28 have heen received. The question of changing the capital of the Argentine republic was agitating the public mind, but nothing can be done until the Le- gislatore meets. The United States surveying steamer Argentine had returned from an unsuc- ceasful attempt to ascend the Salado. There is no other news. Senator Seward has made an important speech at St. Paul, Minnesota, of which we give a brief report in another column. In this address he pre- dicts the eventual annexation of British and Rus- sian America to the American Union, and the com- plete annihilation of the institution of slavery in the United States. The Breckinridge democratic conventions for the nomination of candidates for Congress from this city met last evening and organized. James H. Lynch was nominated in the Fifth, and Paul B. Bradiey in the Sixth district. No nominations were made io the remaining districts. Mr. Henry, the chairman of the Union monster mass meeting, held at the Cooper Institute on Mon- day night, has selected a committee of fifteen, on whom devolves the duty of preparing a list of Pre- sidential electors. The names of the committee are given in another celumn. Mr. Charles O'Co Bor is the chairman of the committee. A large public meeting was held last night at the Cooper Institute, convened ky the Repablican Central Campaign Club. The meeting was ad- Greased by the Hon. Wm. L. Dayton, of New Jer- sey, at considerable length. An abstract of the Speech is gives in another place. By oor telegraphic despatches it will be seen that the Prince of Wales has arrived at Hamilton, C. W., the last stopping place of his tour in Cana- Ga,and that to-day he is on his way to Detroit. His movem ents have been similar to those before frequently <lescribed, consisting of visits among the school. children, lunches, receptions, a ball, inauguration of public works, &c., &c. A meeting Of the C:yuncil had been convened, and important changes in the Canadian Ministry foreshadowed, the whole being the result of the recent troubles amonp, the Orangemen. Several prominent South- ern gutlemen in this city have addressed a letter to the Prince, through Lord Lyons, formally invi- ting ‘him to visit the South, that he may in person jadge of the social condition and agricultural pros- pority of that region. The Commissioners of Emigration received a Communication yesterday from the counsel of the Board, citing the State law on the subject of the Buthority claimed by Dr. Jerome of giving permits to parties entering the Quarantine grounds. He stated his opinion to be that, according to a de- cision of Judge Leonard, of the Supreme Court, the resident physician of the Marine Hospital is obliged to obey the directions of the Board, and that he would therefore recommend them to adopt | aresolution prohibiting the Doctor to grant per mits in future if they desire to deprive him of the power which he now exercises in this particular, and to have a copy of the resolution sent to Dr. Jerome, The Board acted in accordance with the Buggestions of the counsel, after which they dis posed of the ordinary business of the week and adjourned. The number of emigrants landed here fast week was 2,535, which brings up the number for the year so far to 77,526. The balance of the Commutation money at present is $12,828 34, ‘The Board of Education failed to master a qno- fam last evening, and therefore their periodical gession did not take place. The beef cattle market was considerably excited yesterday, and prices took a wide range. The bulk of the offerings were poor and hard of sale, while prime were in demand and brought Sjc. a 10¢. per pound. Milch cows were plenty and doll, Veals were in request at previews prices. Bheep and lambs were in large supply, and 2ic. a §0c. per bead lower, Swine were steady. The _ NEW YORK HERALD, THURSDAY total receipts, including those at Bergen Hill, were 6,366 beeves, 137 cows, 651 veals, 17,379 sheep and lambs and 4,414 swine. ‘The cotton market was firm and moreactive yesterday. ‘The sales embraced between 3,500 and 4.000 bales, closing ati’ on the basis of 107%4c. for middling uplands, and Llc, for Florida midditeg, and at LLXc. for New Orleans and The Europa’s news had a depressing eff-ct on the mar- ket for breadstuits, FlourJegain fell off Sc. to Lc. per barrel, and wheat, from ic. fto 2c. per bushelj ow- ing to a good local and Eastern demand. Corn remained about the same, though closing dull, The decline in four and wheat in this market, for the week extending from the 12th to the 19th inst , (to-day,) may be seen from the following table — | Milwaukee club Red Western... | "Ohio and Indiana... | Kentucky white, cboice | Michigan white, choice.| 1 46a | The private despatches received from Halifax by the Europa, to houses in New York, were discouraging. We were shown the following despatch, recelved by a large house engaged in the Liverpool and Cilasgow grain trade in this city:— Livearoor, Sept, 8, 1860. Weather fine. Market very much depressed. [ate ad- vance all lost. Chicago No. sere: 103. 10d. per cental. Gah SaaS. Sd. “Flour, 278. 6d. Corn, 334. 61. per quarter. The Western people, elated by the first good crop of two years, have, many of them, run into wild Speculation. Farmers haye borrowed money on their crops to meet interest on thoir indebted- | meas. A large proportion of the farms in {ilinols, Wis | consin, Towa and Minnesota are held under boud aad mortgage. Should breadstuits meet with much further | decline, the traders and speculators in the West will be | thrown back to where they were in 1857, Ia the mean- _ | time, the Western banks, which have fed this specula- tion, will be likely to suffer, and their difficulties may in that event react upon our institutions atthe East. A _. | single large Western firm, having exteusive connections | in the Western cities, was named to us as having shipped | to th's market, mainly on speculation, 39,000 barrels of | four. Our traders and speculators, infected by the Weat- ern fever, have shipped large quantities of wheat, under advances, to Eugland, on speculation, estimated within | two months to bhaye reached not lees than one million to one and a half millions of bushels. This has been done under the influence of an easy money market, and liberal loans oa the part of the banks, A merchant who came out in the last Liverpool steamer to this port stated on "Change yesterday that the two days’ flac wea- ther experienced before he left had produced a decided change for the better in the appearaace of the crops, and that, from all that he could learn, he considered they would fall but little below an average yield, espe- cially should the favorable weather continue for s9me days longer; nevertheless he thought that Europe would require considerable supplies from this country in the course of the year, but at a low range o! prices. Pork was without change of moment, with sales of mess at $19 06 a $19 25, and new prime at $140 $14 25. Sugars were in steady demand at full prices, with sales of 1,200 bhds., 1,750 bags and about 1,200 boxes, with 875 bhds., melado, at rates given in another column. Coffee was frm, but quiet. Freights were im fair demand, and rates steady for Liverpool and quite firm for London and Havre. The Great Republi mme of Annexation he Extinction of South- ern Slavery. A brief but pregnant telegraphic report of the speech of Senator Seward at St. Paul, on Tuesday last, is the commanding feature of our news columns this morning; for here we have the grand comprehensive future of the republi can party chalked out by its founder and its authoritative apostle. Our intelligent reporter informs us that this speech of Mr. Seward, in the chief city of Min- nesota, is “the great speech of the campaign,” ang we are prepared to accept his opinion, from the fact that Mr. Seward here discloses the policy by which his “irrepressible conflict” between the North and South, between free white labor and black slave labor, may be brought to speedy decision. We refer, of course, to his grand republican programme of annexa- tion. Upon this point his speech may be lite- rally translated— No peut up Utica contracts our powers, For the whole boundless Contiaeat is ours. He anticipates the acquisition of British Ame- fica, Russian America and Spanish America, and believes that “the man is born who will live to see the American people coming to the harmonious understanding that this is a land of freedom and freemen, and that it is the land of the white man, and that what. ever elements there are to disturb its present peace will before long pass away without en- dangering this great Union.” And why should he not anticipate these things, with the events and the circumstances by which he is sur- rounded? He is full of enthusiasm in view of the triumph of the republican party in November. In his contemplations of this triumph he has become inspired, and has put on the prophet’s mantle. Thus inspired and thus assured, he tells us that “slavery is to-day not only power- less, but without influence in the republic.” He is sure that a republican administration is near at hand—an administration which will be signalized by the admission of the new free and anti-slavery States of Kansas, Nebraska, | Idaho, Chippewa, Jefferson, Nevada, Washing- ton and Arizona, whereby there will be the | overwhelming array of twenty-six free States ogainst fifteen slave States, or a Northern ma- jority of twenty-two in the federal Senate. This is no idle dream. Kansas, Nebraska and Washington are ready now to be admitted as free States, and the bills for the organization of the other five Territories, with the exclusion of slavery, are lying upon the tables of Con- | gress. Granting that Mr. Lincoln will be elected, with a republican Congress to back him, all these Territories will be admitted as free States before the end of his administra- tion. Thus, with twenty six free States, including all the aforesaid new States, republicanized under the administration creating them, what Is there to prevent Mr. Seward’s election in 1964, and the practical beginning, under his own official direction in 1865, of his grand continental scheme of annexation for the quiet suffocation of Southern slavery? This is the latest interpre- tation of his original idea of peaceably making all the slave States free States that has yet been given to the world. With twenty-six free States against fifteen slave States, and with three or four of these fifteen sloughing off their pecu- liar institution, the South will be reduced to complete submission, for resistance will be worse than useless. What, then, will be the refuge of Southern slavery, with the increased Northern abolition pressure of eight or ten new States from the British North American pre- vinces? Nor is this scheme of annexation a mere delu- sion. To be sure the progress of the I’riace of Wales through said provinces has been « con- tinuous succession of the mos! eatdusisstically leyal manifestations of a loyal people with which any prince, in modern or ancient times, has ever been welcomed from place to place. But notwithstanding all this, even the London journalists have discovered that the great under- lying idea of “manifest destiny” among these loyal royal people, of the Canadas especially, is their ultimate annexation to these United States. The opportunity, the means and the will for this may also come sooner than we are now prepared to anticipate; for do we not live in an age of the most surprising traneforma- tions from monarchical to popular institutions: But it is enough for our present pur- poses that Mr. Seward’s “one idea” of the peaceable extinction of slavery in the United States has now received a new in- terpretation. The work is to be done by an overwhelming Northern accumulation of poli- tical power; and the eight new free States to be Added {o the Union under Lincola’s adminis- tration will be the prelude to this free conti. nental programme of Mr. Seward. Spanish America will do for our “free colored Ameri- cans” of the North who may prefer a warmer climate, and for the surplus black population of the slave States as they emerge into the pha- lanx of freedom. This whole scheme of Mr. Seward is consistent in all its parts with the broadest statesmanship of an anti-slavery en- thusiast. But the material point in this continental plan of freedom is here. This new epoch of universal liberty begins with the election of Mr. Lincoln as our next President. After his election, should the Southern States agree to “wait a little longer’ the issue of revolution, the programme of Mr. Seward will soon be on the highway to fulfilment. But here lies the point of danger. Against Mr. Seward’s scheme of an all-absorbing Northern free labor confe- deracy, there isa widely entertained Southern scheme of an independent slave labor confede- racy, looking to the absorption of Spanish North America and the West India Islands as its means of protection, military aud commer- cial, against the North. ‘d The election of Mr. Lincoln, then, will inau- gurate a revolution and a new epoch in the history of this country and this continent. It will practically decide the question of peace or war, union or disunion, between a universal free labor confederacy and an independent slave Jabor confederacy; and thus for the pre- sent we leave the subject to the consideration of our commercial interests of New York, who hold in this momentous contest the balance of power in their hands. Tae Privce or Wates and THE Corroy Srates.—We print elsewhere some very iate- resting correspondence between the British Minister and a number of Southern citizens now, or recently, sojourning in the metropolis, and representing South Carolina, Georgia, Ala- bama, Mississippi, Tennessee, Lou'siana, Texas and Arkansas, all great planting States. The letter to Lord Lyons—written, we presume, by Mr. Hilliard, of Alabama—is exceedingly well done. It sets forth the fact that the real condi- tion of the cotton States is a matter of the firat importance to the English people, who owe much of their wealth and prosperity to the bountiful supply of the great Southern staple Which they receive from us, and that the truth as to the workings of the peculiar iastitutions of the South can only be learned by personal inspection of the syatem in the States where it can be found in its normal condition, in a “great planting region inhabited by gentlemen who own the soil and laborers who cultivate it.” There is no doubt that the Prince and his suite would obtain much valuable information ina tour through the Gulf States, and the circum- stance that such a journey cannot be underta- ken by the distinguished party is much to be regretted. Lord Lyons states, in his very courteous reply to the Southern invitation, that the Prince may find time to go to Richmond, but cannot proceed south of that point, He can find, to be sure, some large tobacco planta- tions and manufactories near Richmond, and see the working of the patriarchal system of labor therein; but such things are managed in the border States upon a comparatively small scale. There is in England, as well asin the United States, a very large number of intelli- gent persons who have derived a wrong im- pression of the state of things in the South, and continue in the error of their ways chiefly through ignorance, and it would be a good thing for all parties if the truth of the matter could be proclaimed by some unprejudiced persons. Under these circumstances, the Prince's Southern tour, had he had time to make one, would have been one of the most interesting events in his visit to America. As it is, however, the mountain will not come to Mahomet; so Mahomet must needs go to the mountain; and we recommend our Southern friends to pay their devoirs to the Prince in the metropolis. —____. Actcus Yaewtine.—We bave heard nothing of late of the autumn cruise of the New York Yacht Club, and as the season is close upon us, “af "twere done, ‘twere well ‘twere done quick- ly.” It is true this fail campaign of the club was inaugurated only last year; but it was then So successful, and afforded ao much satisfaction to all who engaged in it, that we supposed it to be the general desire that it should be made a Permanent institution. Of course it is not ex- pected that the yachtsmen will encounter, at this season of the year, all the delightfal asso- ciations of the watering places, for these will soon be deserted; but they will enjoy what | is more healthy, invigorating and benef-| cial—the bracing breezes of October, and | Plenty of them, cool days and pleasant | nights, and, in a word, be afforded an_ opportunity of testing their own seamanship and the seagoing qualities of their respective | craftin a manner they are only occasionally able to do among the flitting zephyrs of spring | orsummer. Autumn is also more preferable | than any other time in the year for those bril- | liant contests that have marked the history of | the club, and which, notwithstanding the brief | existence of the organization, have given it a world-wide renown as the centre of the fastest sailing yachts that at present float upon the waters of the globe. Aside from the benefit and recreation resulting from an ocean sail of two or three weeks, the fact that it keeps alive the spirit of the sport ought to bea sufficient inducement to the owners of our handsome yachts to turn out strong upon an autumn cruise. We are quite sure, from what is al- ready known of the stirring energy of these gentlemen, that it only requires some one to move first to bring about another of those agreeable reunions which all who have parti- cipated ia eo well remember. , SEPTEMBER 20, 1860.—TRIPLE SHEET. The Standard of Our Congressional Ke- Presentatives and the Grogshop Polltt- clans. Any person who bas taken the trouble to read the list of names that has been classed among the aspirants for legislative aad Con- gressional nominations must have become con- vinced that the standard of our representatives, both at Albany and Washington, is rapidly de- scending from the scale that was once consi- dered necessary for men occupying euch im- portant positions. So great has been this cbange that the class who really ought to be placed in those offices no longer consider it da honor to occupy a seat even im our national legislative halls. The cause of this deprecia- tion in the calibre of men who seek those posi- tions is easily accounted for, and is traceable to our corrupt party organizations and the trading professional barroom politicians. It has been brought about through the buying and eelling of the grogshop confederacies, who control the primary meetings of our several parties and secure the nomination of their fa- vorites for Aldermen, members of Assembly and Congress. ‘The most busy set of men in our metropolis just now are unquestionably these pothouse politicians, who are at present laboring with great zeal to secure the nomination of a set of men who represent their order of mankind for all the offices to be filled at the next general election. Their movements, however, would not be worthy of notice or even a passing comment were it not for the humiliating fact that they have, through the apathy of our taxpayers, become our governing class, All of our political parties and organi- zations have a combination of this bartering and mercenary set of men in the several wards, who are constantly seen hanging around our saloons and brothels—men who have no honest calling, but regular political ahysters, living upon the pillage of their associates in office, yet controlling the several party nominations. These men meet and dispose of the several can- didates and offices to be filled, with as much ease asa drover sells his stock atthe Bull’s Head. Our business men have so long silently submitted to the control of this venal class that it has become almost impossible to get an in- telligent and worthy representative In our legislative chambers, either State or national. Under the buying and selling of these cabals, the commercial city of the nation is ina fair way of sending to the next Congress third and fourth rate men, who, when there, will be simply the mouthpieces of the cliques that placed them in nomination, instead of men pos- sessing the qualities of statesmen, who are able to cope with the most gifted in our Congresé sional halls. This black picture is applicable to both Tam- many and Mozart, as well as the republicans. Each of those organizations is cursed with this league, coiling like a boa constrictor around its vitals, which neither has the moral strength to shake off. Their special field of operation is at the primary meetings, where they join hands to prevent the men not of their own way of think- ing from receiving the nomination. Men of the ability and statesmanlike qualities of Hon. John Cochrane are their special marks, as is plainly to be seen by the great effort that is being made by the cliques in the district which he repre- sents to prevent his re-election. The machinery of the primary meetings Is nisde use of in all its various ramifications to strike down honest and upright men, and for the elevation of their own colleagues ; when once nominated they raise the cry of regular party nominatiotis, and -thus wheedle our business men iato voting for them. They are first seen laboring to secure their election to the Board of Councilmen or Board of Aldermen, positions which they have neither the natural talent nor education to fill. This point gained, through their piratical schemes and raid upon the rights of the property holders, they become comparatively wealthy in an amazingly short time, and the next that we hear of them they are candidates for Congressional honors— being desirous to have the word Honorable prefixed to their dishonorable names. A dozen or more of these ex Aldermen, who have been quartered at the City Hall until they have grown fat out of the spoils, and have been a disgrace and an eyesore to the city, are now seeking the positions of Congress- men, backed by these buying and selling alli- ances in their several districts. As humiliating as these facts are, it cannot be denied that we are being governed by this low order of politicians; not, however, by any pecu- Mar strength of their own, but through the imacti- vity of our better class of inhabitants. Through their influence our representatives in Congress are fast sinking to the standard of our Com- mon Council, which has been so long the stand- ing disgrace of our city. The taxpayers have it in their power to change this order of things. Let them repudiate the nominations from these corrupt sources, bring out their inde- pendent candidates, throw off the thraldom that now rests upon them, and put an end to the barroom nominations. There are plenty of men worthy, able and willing to represent this city, if they can do it without descending into the cesspool of the grogshop politicians who control the party nominations on all sides. New York, as the principal commercial city of the Western Continent, leading all others in wealth and {atelligence, should have represen- tatives In Congress who possess that order of talent which will enable them to take a position in our national councils worthy of the first city in the Union, and one that will command the respect and importance which the commercial capital of the nation is entitled to. Let none be sent to Washington but those who are quali- fied to represent New York in her greatness, wealth, energy and intelligence. Tar Eyo.tsu Crors—Vatce or Ove Werk or Stysutve.—During the last month or six weeks great appreheasions of « famine have been felt in England, the weather having been excessively wet. Shortsighted specula- tors oh this side of the Atlantic were rubbing their hands with glee over this prospect—a very bad one for all parties—but they received a sud- den check by the latest accounts, fegm which we learn that a week of bright weather had such a fine effect upon the growing crops that they will come nearly up to the avezage yield. The momentary panic in England is important I's more ways than oae, and it is another proof t),at the demand for food by the dense populaticn of Great Britain is so near to the supply ‘chat a few days of sunshine make the moet en ormous difference in the state of the market. Now the population of the British empire increases rapidly, and the production does not keep page with the consumption, so that our cousing must look to us for their well as their cotton and tobacco. bave constantly increasing crops, there will be no difficulty in the way of our feeding all Eu- rope at fair prices. California alone can raise wheat enough to make up any deficiency in England. So our farmers and grain dealers must be satisfied with a moderately active market and fair prices, but no forestalling or speculating in famine. The day for that sort of thing has departed, never, we believe, to re- turn. The End of Walker—Phases of Fillbus- terism in America and Europe. The execution-of Walker, which we presume may be accepted as a thing that has occurred, marks the end of one era in filibusterism and prepares the way for another, which, from pre- eent appearances, will not be very long in developing itself. ‘The movement that has received on this cou- tinent the name of filibusterism, is one of the phases of the popular effervescence that cha- racterizes the middle period ef the nineteenth century, and, though looked upon by the super- ficial observer as having been a failure, it has produced remarkable results already, and is destined to work atill greater changes. The origin of American filibusterism in the present era properly belongs to the efforts that were initiated some fifteen yeats since by the Cu- bans to throw off their colonial dependence on Spain. The flight of Lopez from Cuba to this country in 1848 marks the ini- tiation of the movement here. Pleading the cause of a people striving for independence, Lopez found among us ready listeners and many sympathizers, and the years 1850 and 1851 record his two unsuccessful ex- peditions, and death upon a scaffold in Havana. His execution delayed fora while the move- ment, but did not kill it, and the steps that were taken soon after by the Spanish govern- ment to initiate a system intended to end in the abolition of slavery in Cuba led the people of that island to look again for assistance from those who, in this country, sympathize with them. In the year 1854 a formidable expedition was organized in the Southern States, under the lead of the late General Quitman. A variety of circumstances combined to prevent its de- parture from our shores, and Quitman eventu- ally resigned into the hands of the Cubans again the powers which had been conferred upon him by the Junta and numerous revolu- tionary clubs in that island. His resignation marks the close of the first era of modern Ame- rican filibusterism. Although it produced no ostensible results, its effects npon the system of colonial government in Cuba were great and palpable. For a time at least the home government has abandoned the policy of abolishing slavery in the island, and has ma- terially softened the character of its rule. It has, in fact, been brought to the verge of grant- ing to the Cubans representation in the Cortes— a thing in direct opposition to the Tacon policy of government in Cuba, which was the true progenitor of Cuban filibusterism. The disbanding of the Quitman organization left the active elements of fililvusteriam without 8 field, and prepared the way for Walker, who came forward in 1855 as a leader. The magni- tude of the resources which his appearance in Nicaragua called into active play awakened the attention of the world and alarmed the cabinets of Europe. But Walker had not the genius to perceive nor the wisdom to combine the vast intellectual and material elements that sponta- neously offered themselves to his guidance. Non? of the leaders in the old school of Quitman filibustre joined him, for they soon saw that be tween Walker and themselves there were im- mense diffexvnces in aim and in policy. The strong native pty in the country that had at first accepted hia fell away from him. The moneyed interests here that had supported him tired of his mistakes and left him. The popular element that followed him felt the effects of his errors, and rapidly dwindled down to a small band of adventurous and brave spirits, with no- thing to lose and everything to gain, and the | governments found him, thus abandoned, an easy object to deal with. His recent expeditions have been petty affairs, and his fate will awaken little sympathy anywhere. Thus closes the second era of American fili- busterism, and its end here is marked by its up- rising in Europe. The movement of Garibaldi from Sardinia upon Sicily has all the character- istics that marked the filibusterism of Lopez and Quitman, with thie important difference, that here Lopez and Quitman were discountenanced and opposed by a timid policy on the part of the Cabinet at Washington, while Garibaldi is countenanced and supported by half the Cabinets of Europe, the other half being prevented from armed intervention against him. Under such circumstances, aro- pean filibusterism is in the full tide of success, and will give the finishing stroke to the proclaimed policy of Louis Napo- leon, that “Italy must be free from the Alps to the Adriatic.” In the meantime American fill- busterism sleeps, and it is not at all strange that some portion of its elements should fiad em- ployment in Italy. We have seen that enter- prising purveyors of ships and munitions, as- Piring soldiers and surgeons, and adventurous spirits of various kinds, have crossed the ocean from here to join the European Glibuster Gari- baldi. While this fs going oa in the Old World, cir- cumstances are comb‘ning here to develope the third era of Amerivan filibusterism. The re- moval of Walker leaves the field open for a new leadership, of a higher and more states- maalike chararAer, and events are preparing the elements f or the hand of some coming man. Mexico is dr’ spping to pieces; Spain is agitating the politica’, elements in the countries south of ta to furt'ser her views—taking furtive posses- sion of St. Domingo, planning an expedition against, Vera Cruz; the Paname isthmus is drop- ping ‘sway from the confederation of New Gra- nadr,, and our Pacific empire is striding rapidly tov ards Lower California and Sonora. At home ©'ar mercurial spirits are now busy with a Pre- didential canvass; but that will soon be over, ‘and then it will be strange indeed if, out of the numerous elements that exist,a new germ of filibuster enterprise does not spring up. In such an event it can have but one final object, no matter what phase its first appearance may take. is the Austria of Amerioa—the | AE of the urgs; Mexico and Ouba are our uthas edit bitn e Ole all that to initiate American filibusterism, ai a a Wall Street and the Signs of the Tis Wall street, for some months, has bee in a state of unusual excitement. Fro! the moment when it became evides that the Western crops would prove succesa—a great yield—railroad securiti began to advance, and they have continus to do so from that day to this. It is an advan in anticipation of results. ‘Bhe grain is to! carried over the railroade—the railroads are move it at a profit—the profit is to be distribu ed in dividends—hence the stocks rise one, tw three, four, yes, five hundred per cent! Bon alse rise in the same ratio——rise until they rea prices even beyond those at which they we originally sold in the New York market yee ago. The rise in this kind of material is ful equal to fifty millions of dollars in six month Our readers will not credit this, and yet it is truth susceptible of ample proof. Many thin have added to produce this great advance prices. It began when the banks were load with the surplus capital of a suspended co merce, and this capital was freely and loaned at low rates of interest, and these st: taken as collateral security. The banks continued to grant the same facilities up to date, but they are charging more for their ney. Through these means the banks have able to keep up their loan line to $130,000,000 | asum beyond their ability to maintain, a a1 never approached but once before. They did this at atime when, by coma consent, the merchant and the trader stood The banks did this large business in a speculat direction, when nothing of a legitimate charac could be found to employ their resources They dashed into the illegitimate method making money—became banks of hazard— were open toevery passer-by who chose to try] hand or take a chance in the game. The re is before the country: a surging sea of spec tion in railroad securities—an advance of ope to five hundred per cent within months—prices still upon the top of the wat and all the speculative appliances daily brot to bear upon the market to keep up the citement. In the published accounts of the singular py perity which bas fallen so bountifully on 4 road property in so short atime, we see noth but the most glowing drapery—‘receipts o last year.”” No allusion to the character of eventful year; mo reference to expenses, from a dark necessity, must be greater ever before; nothing but “receipts over year.” Perhaps such has been the imprq ment in both the morals and the managemen our railroad men that there are no exp any more in running a road; the receipts q be all profit. No other hypothesis can exp! the infatuation of the present hour. There is, however, a change in the mo market, and a growing change in the fee! of the community in relation to other m which may at an early day test the st: and power of this extraordinary sp structure. It cannot be denied that it has b thus far purely speculative. There have 4 no permanent investments made. On the trary, the quiet and thoughtful man, who lived through the past few years with his Wall street men, as the séquél will sho: This change in the money market is ci by the demands of commerce. The We quires capital to move its crop, the impo to pay for their goods. The natural d o a reviving trade must be met; hence, seven| cent instead of four; hence, twelve per instead of seven ere long; a decline in pi and the usnal Wall street liquidation midst of panic and disorder. There is method of averting this calamity. It is logical sequence of the folly of the past months. If, superadded to the change in the p money, the public mind should receive city—the Tribune and the Evenin Post. two journals, so long aceustomed to sin song of regular party nominations, ha’ seems, become disgusted with the dunces doings generally of a portion of their sso and have, of late, fallen into the habit of ing out in meeting. They ne longer try to guise the fact that at least a portion of party is corrupt and rotten to the very but, on the other hand, admit that the p been undee the control of designing men, used for mereenary purposes. From their sent couree we are led to infer that they b undertaken the Herculean task of clean Augean stable, so long occupied by Weed his kinsman. These attacks, however, have another lobby, they are, in reality, striking at ‘Those parties who were engaged in the pil crusade are the pets and special patrons 0 sage of Auburn, from Weed down. Th the men upon whom he relies for : whenever he desires political advancement. was this clase that Greeley encountered at cago, and, marching forth like David goin meet Goliah, he routed he whole army wi pebble stone and his sling. Should S sire a re-election to the United States S he will look to the very persons at whom Tribune and the Post are pointing their to accomplish it. Under the ory of corruption they are, th returned, the 6th of November may again ' Greeley a conqueror and Seaatog Seward bad