The New York Herald Newspaper, November 4, 1860, Page 4

4 ; NEW YORK HERALD. W. CORNER OF FULTON AND NASSACT STS. TERMS, cash 4m cudvance. Money sent by matl will be at th tiky the sender, Postage stamps not received as subscript © mens THE Dat THE Ws OFFICE N. y AERALD two per copy, $1 per annvnn. HERA a. hewned Hy HERALD on Wednesday, at four cente per Wier esPONDENCE, omtaining tmportant eo erie wf the swortd; 1 wae, will be ‘icy Meavesre To SRaL 4 LErreas and Pao anonymous correspondence. We do not tonewed every day; advertisements én- thato, Pawity Hakkal, and in the on Battions. Mecuted with meatness, cheapness and de- Volume XXV..... AMUSEMENTS TO MORBOW EVENING, NIBLO'S GARDEN, Broadway.—Orixc.o, WINTER GARDEN. Broadway, opposite Bond street — Gvy Mayserinc—To Once Buxton. BOWERY THEATRE, Bowery.—Srauping & Rocmns Ravestiian Tuours. WALLACK’S THEATRE, Broadway.—Pisring 11s Win LAURA EXENE’S THEATRE, No 624 Broadway.— Puvsie amp Fancy—Uxreotacten Frmact. NEW BOWERY THEATRE, Bowery.—Mow. Pitcura— Foun Lovers —Lorreny Tickst—Doveing rou a Wore. BAKSUM'S AMERIUAN MUSEUM, Broadway.—Dny aad eelng—Stemeee TWixs, LIVING Cukiositins, @¢.—Josert anp I 1k RY ANTS” MINSTRELS, Mechanica’ Hall, 472 Broadway.~ z aun us, Dances, dc ~ Usen Ur, NIB O'S SALOON, Broadway —Hoorey & Campseut’s SATRILS 18 FIAN BONGS, BURLESQUES, Dances, a — CANTERBURY MUSIC HALL, 663 Broadway.—Soncs, Dasces; Boxuesaues, &0. New Vor, Sunday, November 4, 1860. The News. The steamer Prince Albert, which left Galway on the 23d ult., arrived at St. Johns, N. F., at mid- night on Friday, but owing to some obstruction to the telegraph wires the news could not be trans- mitted to this city till last evening. The intelli- gence, however, possesses but little importance, The Conference of monarchs at Warsaw had commenced its deliberations. Its sittings were limited to two days. There is nothing new from Italy. The result of the vote on the annexation question in Naples had not been ascertained. At London consols were quoted at 92} a 92] for money. In the -Liverpool markets cotton was quiet but firm, while breadstaffs had slightly ad- vanced. The steamship Europa, from Liverpool and Queenstown, arrived at Halifax on Friday night fast. By the arrival of the pony express at St. Joseph on Friday afternoon, we have received news from San Francisco to the 20th ult., and later accounts from Oregon and British Colambia, The vessel reported as having been wrecked off the harbor of San Francisco was not the ship Meteor, but the steamer Granada, Capt. Howes, which left this port on the lth of July last. She was lost on the 10th ult. As the weather was very thick and a fresh gale blowing, and no pilot Doat in sight, the captain, at three P. M., anchored the ship. At four o'clock a pilot came on board, and assured the captain that he could take the steamer to the city without difficulty. Accordingly, at five o'clock the anchor was weighed, and in due time the pilot took his departure from Mile Rock. Ten minutes afterwards, while running at full speed, the ship struck, head on, aod soon swung broadside to the breakers. At this time it was high water, with a dense fog, and the gale increasing. The vessel thumped badly, and at eight o'clock there were five feet of water in the hold, which soon extinguished the fires. The gale became furious, and all hands abandoned the ship in order to save their lives. The wreck was sold on the 18th for $9,400 to the California Steam Navigation Company. There was no possibility of saving the vessel, but it was supposed that the en- gines could be removed uninjared. The Granada has been for several years employed in the South- ern and California mail service, and was in July fast sent out with the Moses Taylor to form a new California line. She was valued at $150,000, and there was no insurance on her. The steamship Cortes sailed from San Francisco on the 20th ult., for Panama, with $911,600 for New York, $60,000 worth of silver ore, and 250 pas- bengers. No material change had occurred in the San Francisco markets, From Oregon we learn of the perpetration of another massacre of emigrants by Indians. Some particulars of the affair are given in our telegraphic summary of the news. A bill had passed the House of Representatives of Oregon de- signed to nullify the late Congressional election, when a Breckinridge democrat was elected by the people. The accounts from British Columbia are devoid of interest. The Oficial Gazette of Hondaras, of September 20, publishes a decree by the President, reminding all strangers residing in the country that ‘‘ they are subject, under the constitation, to the same duties fas natives,’ and directing the magistrates in the towns and villages on the frontiers to call the atten- tion of all strangers entering the country to the above article, the 12th of the constitation. It will be seen from a card in another colamn that Mr. John ©, Mather has withdrawn his name fas candidate for the Third Congressional district, Jeaving the field to Mr. Benjamin Wood, the only democratic nominee. A special meeting of the Board of Sapervisors waa held yesterday afternoon, for the purpose of receiving the resignation of some of the Inspectors of Election and to fill the vacancies; also to make arrangements to fill any vacancies that may occur on or before the morning of the election. The steamship Borussia sailed from this port yesterday for Southampton, Hayre and Hamburg, yesterday for Liver- pool, with 192 passengers. Owing to the violent easterly storm that prevailed yesterday, the above mentioned steamers, as also those of the Southern lines, oame to anchor at Quarantine, from whence they probably sailed this morning. The severe and incessant fall of rain yesterday tended fend Boer at 6, O4., and wheat to London, in hips bar moa, NEW YORK HERALD, SUNDAY, Disunion in the South—Programme of & | The Effect of a Dissolution of the Union Southern Comfederacy. Our readers will have seen, from our tele- graphic advices of the other day, that at Wash- ington “there is no doubt that the President bas become thoroughly alarmed;” that “ hitherto he has trusted that, however threatening the portents might be, the crisis would not occur until after the expiration of his term;” but that secretary Oubb, who returned some days ago from Georgia, has disturbed even this consola- tion by the assurance that that State is prepared to go with South Carolina, and withdcaw her- elt jeom the Usion upon the election of Lia- colo; and that the Secretary, with the seces- sion of Georgia, will be compelled to withdraw trom the Cabinet and go home. The prevailing tone and temper of the Southern political journals, since the recent elections in Pennsylvacia, Ohio and Indiana, had prepared ue for this semi-official iutorma- tion of the same import; and as we have now every reason to apprehend that the secession of several of the Southern States will follow close ‘von the heels of Lincoln's election, the ques- tion recurs, what is the programme of the leaders of this disunion movement? From intel- ligent private sources we understand that this programme will be:—First, the conditional se- cession of South Carolina, by act of her new Legislature, which is to meet in Columbia on the day of the Presidential election to elect her Presidential electors, and to do such other things as the erisis and “the safety of the State may require.” Secondly, that, under existing legislative instructions, the Governor of Ala- oama, on eatiefactory information of Lincoln's election, will issue his proclamation calling for the election of a State Convention to determine the question for that State of submission or se- cession; and that the Governor of Missis-ippi will, in a similar manner, bring her people di- rectly to the tame issue. In the next place, it ia believed that Georgia, Florida, Louisiana, Arkansas and Texas will readily co-operate with South Carolina and her seceding associates; and that thus acting in con cert they wil! establish the nucleus of a South ern confederacy on or before the day of Liacoln’s inauguration. The President cannot interfere until some overt act Of nullification of the fede. ral laws or compact shall have been committed, and, when committed, the iatervention of the federal government must take the form of a mili- tary movement to suppress an open rebellion. Any movement of this sort we know would, from the first collision of arms, bring all the remaining Southern States, except, per- haps, Delaware, Maryland and Missouri, to the reacue of th» seceding coalition. With this disunion movement thus strengthened, the only sensible thing which the federal government could do would be to give it up and recogaize the separate nationality of this Southern con federation. We learn, too, that it extensively under- stood ia the South that in behalf of a Southern confederacy the parties concerned would be sure to command the co-operation of Eugland and France. The argument is that, asa war for the subjugation of the South would inevita bly so far unsettle the whole Southera social fabric as to result in a suspension of the cotton culture during the continuance of such war, England and Franc, looking to their own inte reats, would be compelled in the outset to inter- pose as allies of the seceding States in order to maintain peace. Nor have we any doubt, should the occasion demand it, that such would be the line of action on the part of England and France; for in every point of view itis their policy, as commercial, maritime and manu facturing States, to encourage the dissolution of this overshadowing Union. England could afford to pay some millions of money to estab lish an independent confederacy of our South ern States, for she could make many millions of money by the operation. We dare say that under a Southern confede- rated government, with tariff regulations, put- ting our Northern confederacy on the same footing with other foreign Powers, the South would draw from England and France, ia maau- factured articles, fifty millions or more per ‘annum than are now expended in “Yankee no- tions” under our existing tariff laws. Thus we see that the protection of the institution of slavery agatnst the overwhelming and still in- creasing abolition power of the North is not the only Southern incentive to disunion. Cheap goods, including all the household articles and agricultural necessities of the Southern plenta- tion, the establishment of a direst Southern trade with Europe and South America, &¢., and the establishment of home manufactures, enter into this comprehensive idea of an independent, Southern republic. It is not difficult to believe, then, that the Union is in danger, But what are we to do? All that remains on the part of our Northern conservatives, opposed to the division of the Union, is to do all in their power to defeat Lia- coln. With this duty discharged, whatever may be the issue, we can await the consequences with comparative composure. Tre Question or Suentry’s Dervttes at THe Pot1s.-—Sheriff Kelly, we perceive, demure to perform the duty imposed upon him by the Common Council in the matter of appointing a number of independent citizens as special depu- ties to keep order at the polls on Tuesday, and upon the grounds that he has no statutory power todo so, Weare afraid that it is cou- rage, and not statutory authority, that Mr. Kelly stands in peed of. He is a constitutional offi. cer, and he has the power to call out @ special force in time of danger. So bas the Mayor. The statute which gave that authority to the Police Commissioners did not take it away from the Mayor and Sheriff; it but conferred upon the Police Commissioners, as it were, a concur- rent jurisdiction. The right vested in the She- riff to call out a posse comilatus is a constitu. tional one, of which the statute has not depriv- ed him. There is every reason to fear that some disturbance will take place at the polls, and it would be unsafe to leave the protection of the public peace and the rights of voters solely to the Metropolitan police, constituted as shat body is. We hope the Sheriff will think better of this business. Tur Srxta Covonesstoxat, Distrtct.—The Japanese candidate for Congress (Mr. Chan- ler) in the Sixth Congressional district is still kept in the field, with an apparent determisa- tion to elect Mr. Conkling, the republican can- didate. The people, however, have got tired of that stripe, and are determined to give rotten old Tammany a knook over the bead on Tuesday next, that will forever settle the aspi- rations of all sach bangers on as Boole and Tuomey, Upem the Commercial North and South, In another column the reader will fad a re- markable article from the Charles’on Mercury, entitled “ Our Merchants and Mechanics.” lis object is to show that the merchants and me chanica of the Soutbern cities, and particularly of Charleston, would gain immensely by & dissolution of the Waoion; that at present Nor- folk, Charleston, Savaunah and Mobile are but suburbs of New York, Philadelphia and Bos ton; and these Northern cities carry on the foreign trade for the Southern cities, aad grow wealthy not only by that trade, but by their manufactures, which they exchange with the South for its cotton, tobacco, rice and sugar; whereas, in the event of the Union being dis- solved, the Southern cities would carry ou their own foreign trade, taking it away altogether from the North, and would receive the manu factured goods of the Oid World direct in ‘re- turn for their products, at a cheaper rate than they do now, under a tariff law protectiag the Northern manufaeturers against the competi- tion of England, France and other foreign countries. The result would be that the Southern cities, whose prosperity is 50 slow and lingering, would grow rapidly rich, and the Northern cities would grow rapidly poor io proportion, and continue poor and stationary instead of advancing. This is undoubtedly true, and is a powerful appeal to the inbabitants of the Southern sea- board cities to use every means ia their power to bring about a dissolution of the Union. The citizens of Charleston and of South Carolina have long been in favor of this measure, for the very reasons now assigned by their most io- fluential organ. But the argument that is so cogent and so logical to the Southern cities for a dissolution of the Union is, or ought to be; equally convincing to the Northern cities to muintain the Union intact by every legitimate means. The union of the North with the South is the source of their prosperity, for by that anion the North reaps immense profits upon Southern products, by doing for the South its foreign trade, and thus accumulates capital which enables the North to establish manufac- tures and reap a second harvest from the South, not only in the natural profit of the manufactured articles sold to her, but in the additional profit of a higher price extorted by means of a tariff, preventing the free competi- tion of foreign goods. This is the immense price the South agreed to pay for protection of her interests when she entered into the Union. But if the North, from ignorance of its own in- terests, from fanaticiem, and through the ras- cality of . politicians, who merely use the anti-slavery sentiment to reach the spoils of office, but now find it like a horse with loose reins, almost beyond their control— if the North will not render the quid pro quo for which she is paid eo well; if two-thirds of her States have by their Legislatures and by their judicial tribunals nullified the compact of the constitution to restore fugitive slaves, and if they make an issue against the South going into the common territory of the Union with ber property, consisting in slave labor, while they make no iseue against citizens of the North going into it with their property—their horses, their oxen and their agricultural imple- ments—thus destroying the equality of the States, and if they further menace with de- struction the institution within the Southern States themselves, is it to be wondered at that sbe should now, through ber organs, announce her intention to stop the payment for protec- tion which sbe does not receive, to secede from the Union, and to indemnify herself for her losses in escaped fugitive slaves by doing her own foreign trade and manufacturing for her- self, if che finds it more profitable to do so than to take in return for her staples the manufac- tured goods of other nations free of duty? As long as the population of the interior of the Southern States were let alone in the enjoyment of their rights guaranteed by the constitution, they were satisfied to let the North grow wealthy upon the profits of their wealth; but when the motto of the North is no longer “live and let live,” but death to Southern institutions and prosperity, which is like killing the goose that laid the golden eggs, it is time for the Southern people to look to their own interests and to take measures for their own protection. If the course is persisted in which has driven them to this determination, fatal as the result would be to the prosperity of the North, and particularly to New York city, we cannot blame them. The Mercury remarks that “when the constitution of the United States was adopted, the commerce and shipping of Charleston were greaterthan those of New York.” What has pro- duced the change in favor of the Empire City? Partly ite natural advantages in possessing the finest harbor in the world, and the energy of Northern men; partly the trade of the West, which did not then exist, but above all and be- fore all, the cotton and other products of the South. At that time cotton was of so little account and slave labor was comparatively of 80 little value thatsome of the greatest states- men of the South contemplated the abolition of slavery. But the cotton gin and the develope- ment of cotton culture at the South have changed all that, and no Southern statesman now dreams of abolition. In the year 1790 the value of cot- tom exported was only $42,285. In the year 1859 it was $161,434,923. Here, then, is & main source of the wealth of New York, which, but for the Union, would have flowed to the seaboard cities of the South. By the dissolution of the Union this wealth would be diverted from New York and find very different channels. It is very easy for Northern men to talk of the slow growth of Southern cities. The cause is very apparent: in virtue of the Union Northern cities have grown rich at the expense of Southern, and none eo much aa New York. Has our wealth grown too fast for our discre- tion that we now eo madly risk its loss? Do we, like purse-proud men suddenly elevated to riches, forget ourselves and the source whence we derive our importance’ Shall it be said of us hereafter, “easy got and easy gone!” It was no merit of the people of New York city that made them what they are—fertune and ciroum- stances favored them. the ciroum- stances and New York will change too. The ex- ample ef other great commereial cities ought to be a warning to us. Bristol was once the great port of England. Now its commerce is of little or no account. Liverpool, then not kaown asa port at all, and greatly deficient in natural adeantages for @ harbor, is the chief port of the country. Circumstances have wrought the change. The city of Venice, once the Queen of the Sea, the ruler of the commerce Oaties of the of the world, what isehe now! Pride goes be- fore fall, Letus not be too confident that notbing can destroy eur prosperity. If we ful fi! our obligations to the Southern States it oan- not be destroyed; but if we fail to do so and tbrow sway thé advantages of our positien, which makes New York the Constantinople of the New World, we ongbt not and cannot with reason expect any other result than that which is foreshadowed in the article from the Oharles- ton Mercury. Our merchants and their employés, our mecbanics and artisans, our manufacturers and. the bands employed by them, the owners of real estate, our laboring population, and every clase end interest, would eutfer. The interior of this State, which finds New York so good a © eumer of its produce, would participa’s in the misfortunes of its best customer. a chusetts, with ber barren hill*,» .at uld she be withent a market ia th 4 fo. ber manu factures, when the South, throwa back upon ber own resources, availed herself of her abun dant water power, her raw materiale on the spot, her cheap food and cheap iabor, with which the North could not compete? And if her factory population, according to Wendell Phillips, are now in a worse condition than the negroes at the South, and if they became so mutinous from the effects of the panic of 1857, what would they be and what would they be come if the catastrophe should happen which the republican party are precipitating upon the country? There is a terrible reckoning and a heavy retribution in store for those who are bow #0 busy loosing the ties and ligaments which bind the North and the South together. Tux Warsaw Conrerence.—A good deal of anxiety is being expressed by the European press in regard to the Conference at Warsaw. This has been increased by the report that the Sardinian Minister at St. Petersburg had re- ceived bis passports. We do not believe that either one event or the other, supposing the Jatier to be true, will exercise the slightest influence in the settlement of Italy, as defined in Count Cavour’s recent speech. Russia is not sorry to see a counterpoise to France set up in the new Italian kingdom, and the more power- ful it becomes the more effectual will be the curb it will impose on French ambition. France herself has Jost the control which she endeavored to maintain over the course of events in Italy; and if the Pope leaves Rome ehe will have to withdraw her troops from the Italian peninsula. She cannot deny to the uni- versal demand of the Italian people the posses- sion of their ancient capital, from which fifteen centuries age they dictated laws to the world. The Pope’s voluntary departure will deprive her of all pretext for thus outraging the na- tional will; and that the Pontiff is about to take this step we have evidence in the insulting lan- guage used by Cardinal Antonelli to the Dac de Grammont, as well as the fierce investives uttered daily against the Emperor by the French bishops. Assuming, however, for argument sake, that the Warsaw Conference has been convened in a sense hostile to Italy, it is absurd to contend that England is likely to link her policy with its conclusions. It is the interest of the latter Power that a strong constitutional government sball be formed on the continent as a point dappui for her in any general conflict that may arise. Her great difficulty hitherto has been that no political system existed there ana- logous to her own, or that could accord her the confidence arising from an identity of interests. So far from her alleged distrust of Louis Napo- leon being ® motive for ber acting in concert with the supposed objects of the Warsaw Confe- rence, the reverse is the fact. She can best de- feat any aggressive projects that the French Emperor may entertain by assisting to render the new Italian kingdom as powerful as the ag- gregation of territory can make it. It will turn out, we are convinced, that the meeting of sovereigns at Warsaw has for object less to oppose the consolidation of Italy, as sketched out in the programme of Count Cavour, than to arrive at some arrange- ment by which it may be facilitated. By re- commending the cession of Venice to Sardinia for a suitable , the Conference would relieve Austria the humiliation of making such @ herself, and would put an end to any further apprebensions of a revolutioa or war. If England and Prussia concur in its con- clusions, we may confidently assume that this will be one of them. So far, then, from the proposed meeting of sovereigns affording any real cause for apprehension, we think it holds out strong hopes of a speedy and satisfactory settlement of all the remaining difficulties of the Italian question. " Potties axp Prarers.—The holy and pious clergymen of Washington propose to their brethren all over the country to offer up prayers to God te bless the republic and pre- serve it from danger in this momentous crisis. This is an excellent idea, and we hope all the clergy of this city will pray earnestly for the safety of the country from their pulpits to day. But we would suggest that there are a great many for whom they ought to offer up special prayers at the same time. They ought to pray for Henry Ward Beecher to begin with, for he has done more than any other man to mix up rifles and Bibles together, to stir up bad blood, and incite strife among his fellow citizens. The conservative clergy, then, should by all means not forget to pray for Beecher, that some good spirit may descend upon him and guide him out of the paths of darkness; for he is in a very bad way, and going fast on the road to destruction. They ought to pray for Horace Greeley, for he too needs grace and spiritual comfort. He lost the Post Office Department a few years azo, and treated his brother Seward very shabbily the other day at Chicago. Thurlow Weed should not be forgotten; be has a load of responsible duties on his conscience, and requires strength from above; he is Governor of the State, barber to the politicians, maitre d'hote! to the elected Governor, takes care of his guests, and looks after the linen of the estab lishment; these are onerous duties, and Thurlow is but s man—s weak vessel like the rest of us. ‘They ought to pray for the Chevalier Webb, that in case Lincoln should be elected he may get $52,000 somehow—consolation most sweet to @ wounded epirit. And they ought to pray for Tammany Hall—poor Tammany in its last agonies—pray fervently that it may be loosed from ite sins, for they are capital and deadly, and number vastly more than seven; pray that its demise may be tranquil, and that it may get a decent funeral, like Bill Poole's. Will not the conservative clergy remember all these sinners in their prayers to-day? NOVEMBER 4, 1860. Pourrcan Ressagcues Amone rue Srrritvac- ws78.—impelled by natural anxiety to give to the public all the information that could pos sibly be obtanted from any source as to the absorbing topic of the hour—the result of the Presidential election—we lately directed one of our reporters to wait upon the seers, who are represented by ex-Judge Edmonds, and ascer- tain what was thought of the matter in the spirit world. As Judge Edmonds is a leading man in the republican ranks, the mediums natu- rally incline in that direction; but they have been eo terribly humbugged lately by bad spirits that they declined to give any opinion as to the result of the election. The thing was* altogether too close, even for the spirits. Our reporter, in order to get something for his money, had up some of the “ fathers,” and in- terrogated them as to the duty of patriotic voters in the present crisis. With his usual Promptitude, Henry Cisy came first. He was strong for the Union—the Union at all hazerds—and was much grieved that some of his former partisans had deserted to the enemy. He sent words of comfort and encouragement to those who remained true to the Union, the constitution and the laws. Next came Tom Paine, who said he had a good deal to do in the old times with pulling down governments—that that, rather than setting them up, was his business; besides, he had a claim on the Continental Congress which was never settled, and altogether he was in favor of breaking up the concern. Direetly upon the departure of Paine the trance medium was dreadfully agitated, and nearly shook herself out of her hoops. A mighty spirit was evidently about. There were noises like the roar of can non, the clashing of cavalry sabres, and the huzza of victory. It turned out to be Old Hick- ory, who charged the people of the United States to preserve them as United States, through blood, fire, treason, or any possible contingency. Jackson was for the Union, by the Eternal—the Union above and before all. The medium had only partially recovered from the terrible shaking up given her by the Hero of the Hermitage, when she declared that she felt a sort of creeping sensation and was seized with mortal fear. These disagreeable symptoms were oecasioned by the approach of the spirit of Maximilian Robespierre, who re- plied to the queries put to him by asking seve- ral others. First, he desired to know if there had yet been any insurrection, worth mention- ing, since the republic was founded. Receiv- ing a negative reply, the Seward of the Reign of Terror wished to know whether or not the election of Lincoln would be liable to atir up rebellion, create civil war, overturn the foun- dations of our social and political institutions, and cause a great deal of trouble, poverty, crime and distress. When informed that such a state of things might be brought about by the election of Lincola, but that, other- wise, the country was in no danger, either from foreign foes or domestic dissensions, Robespierre declared himself in Yavor of Lincoln. He regretted that we had not introduced the guillotine in the United States—it was so much more expeditious than the gallows—and seemed much pleased when he was told that our populatien was greatly in excess over that of France during the Reign of Terror. After finishing this interview with Robespierre the medium declared herself too much fatigued to go on with the session. A large number of distinguished shades were anxious to be heard on the subject, and our reporter promised to call again. Tavetow Weep any His Ausany Gixc or Srocx Jonpers Cavont Narrmvc.—Some years ago one Wesley, then the Wall street financier of the New York Times, was also the fancy stock agent on ‘Change of the Albany Weed and Regency gang of stock gamblers. But Wesley, after having played the bull, the bear and the spread eagle at a grand figure, turned one morning « lame duck, and in the dead cock in the pit. There was one McEirath, formerly the great financier of the Tribune, who could, perhaps, fell all about it. At all events the Wall street opera- tor of the Albany gamblers of this day is one Van Schaick, whose Dutch ancestors went up to Albany, and settled there before Hendrik Hudson discovered the North river route to that ancient city. Van Schaick was ahit. A Scotchman may be shrewd, a Yankee may be sharp, but a Dutchman is proverbially cautious and safe. Van Schaick, therefore, was the man to foliow a McElrath and a Wesley. But even « Dutchman in Wall street may be sometimes led astray. Van Shbaick will bear us out in this. The immense grain crops of the great West this year, and their shipment to New York, gave a grand lift to the railroads sharing in this transportation, and especially to the stocks of the New York Central and its tribu- taries. Concluding that these stocks would continue to go upward, Van Schaick, in behalf of Thurlow Weed and the Regency, invested in eaid stocks so largely that when the late cloud of a panic settled over Wall street said stocks went down with such a run as to cast the Albany jobbers out of pocket some forty thousand dollars in a few days. Van Schaick was not equal to the crisis. He bad supposed that there was nothing in this Southern disunion agitation, and that nothing would come of it. He acted accordingly, with the full concurrence of Weed and the Regency operators, and they have been caught napping. But this isa mere bagatelle to the killed and wounded that will block up Wall street within the next six months in the event of Lincoln's election. Let all hands get ready, then, for after Lincoln’s election comes the deluge, which wil! clean out Wall street from end to end. Tar Mencuants or New York ap Tue Ex.xction.—We are pleased to learn that several of our leading merchants have resolved to close their establishments on Tuesday next, so as to give their employés the fullest opportu. nity of exercising their franchise and influence on the day of election. We think that this iss proceeding well worthy of the merchants of New York; and ae there is time enough for others to follow this patriotic example, we trust that the movement will be generally imitated. One day for the Union is the least that can be given by the mercantile community, which ia 80 deeply interested in the results of this most important contest. Give the thou eands of voters employed in the numerous stores of this city an opportunity to vote on Tuesday next, and we shall not be surprised to see the Union majority swelled to an incredi- ble proportion. Close up, gentlemen, and let us bear from the workingmen of New York. Sewazp AND THE Foruigrems—A Two- Facep Pourriouay,— When Seward was out ia the West, making his stux'p speeches, he never lost an opportunity of lauding the foreign ele- ment. He once went #o far as to eay that he bad no longer any faith in his own country- men, and that henceforth his reliance would be on the German, the Frenchman, the Dane, the Englishman, the Irishman, the Sootchman and the Swede, All this was because he spoke his object is cajolery, but to his speeches in the Senate, where itis presumable that he was guided by his senatorial sense of duty And there what do we find? In speech on the'tariff question which he made is thp Senate of the United States, last June, he said, ing of the European immigration in connection i with manufactures:— Whatever there is of ecience, of educstion, m +4 ms enabane edt I Rurope, and ell the beneats of wociety” result there- from, are keptat howe, and fi nn BE pope bo laborers, and her feld r who, peo] Sig tn ‘our minaret order to send Wost'to ‘at tbe raw material. Re ties discriminate, aguinat ar, civilization, and the improvements of civilized life, mhich we might get from Europe, aad we have been pursuing thie policy whea this whole emigration has been @ continual cause of heartburning Sornrtcn on win cn tome mae appreciating the catteenthep, walle we There, foreign-born citizens of the United States, is what Mr. Seward thinks of you, and says of you in his place in the Senate. Your “only qualification is a capacity to till our fields and dig in our mines.” In permitting you to come among us we “discriminate against art, civilization and the improvements of civil- ized life.” Your coming here has been “a con- ship.” And finally he likens your emigration to the importation of “the ignorant and base from China.” How do the intelligent naturalized citizens of this land like the picture which Mr. Seward draws of them? And will they be cajoled by his false and hypooritical landations of them in the West? Here, in- deed, is & two-faced politician; and view him which side you will, you find in him nothing but deceit, hypocrisy and false philanthropy. Those foreigners who are flattered with being compared to “the ignorant and base from China,’ and those American citizens who feel complimented by being told that henceforth Seward’s trust is in the foreigner, are expected to go up to the polls on Tuesday and vote for Lincoln. The foreigner and the native born who despize such sentiments will probably know how to vote. With themselves be it. Wuat to Do wrru tax Porz.—The most troublesome of all the vexed questions connect- ed with Italy is the future location ofthe Papal See. Victor Emanuel insists upon having Rome as the capital of his new Italian kingdom, and bas served notice of ejectment on the Pontiff. It isa pity that some such arrangement could not be come to between them as that which ex- ists in Japan, where two Emperors, the temporal and spiritual, reign together in the most perfect harmony. This, however, is no longer possible, owing the infatuation of the Pope, and he will accordingly have to take his walking papers and found « patriarchate somewhere else. Once he quits the Vatican he casts aside from himself and his successors the fal than ever, none but his ultramontane parti- sans will be disposed to deny. The question arises, where is the Holy Father togo? Jerusalem has beenjeuggested; but be- to pieces. He cannot take shelter with any of the Catholic Powers, for they would use him for their own purposes, and bring the Pontificete into greater discredit than before. For him there is no Elba, where s temporary exile would hold out to him the hope of a restora- tion to his rank as a sovereign prince. He has to make a choice for all time, for on his dec sion will undoubtedly rest the future associa- tions and influence of the Papacy. There is but one country in the world which, to our notion, offers a safe and permanent abiding place for the Pontiff, and that is the United States. Here he will be beyond the reach of European con- trol, and we can promise him that he can launch his thunders in any form or fashion that he pleases without our Yankee sovereigns giving themselves the least concern about them. We will even go further, and give free place ia our columns to his allocutions, his bulls and his in- terdicts, provided they are kept within a length suited to newspaper space and the digestion of our readers. ‘The Catholics of the United States should act at once upon this euggestion, and endeavor to get the Papacy transferred here while it is going © begging. Let Archbishop Hughes, who has a prospective interest ia the succes- sion, preach a sensation sermon or two, and send round the hat for funds to do the thing handsomely. We sball cheerfully contribute our mite towards providing a home for the des- titute successor of St Peter. To make a be- ginning, the Archbishop may put us down for five thousand dollars. Tus New Yorx Beranp ano tae Disvytow Qvestios.—One of our black republican oo- temporaries plumply arrsigns the Herato as “in favor of disunion.” This is a greatmis- take. All our interests, in common with those of all our fellow bitizens of this city, this State and this section, are safe only in the Union. Disunion would bring ite disastrous consd- quences to us, a6 to all others whose fortunes and hopes are identified with the preservation of the Union. Maintain the Union and the constitution, and we hold our own; dissolve the Union, and we may lose everything. There fore we are decidedly in favor of the Union. But we bave our apprehensions that there is danger in these dieunion movements in the South. How stands the case? Southern slavery—the vital institution of the South—is, within the Union, completely at the mercy of the North. We have that within » few years, the Union there will pro- bably be the representation: in Congress of ¢ States, against fourteen or thirteen slave ates; that Southern tlavery, against this presenre, will be utterly powerless, We have ergved from this (hat the people of the slaves States, takiag