The New York Herald Newspaper, November 19, 1860, Page 10

3 ae Court of Oyer an? Terminer. Before Hon, J.dge Gould, FE CHARGE OF WIPS MUADER—THB SUNDAY THE ATRICAL PERFORMS 'NCES—THE UNCONSTITUTION- ALITY OF THE LAW—THE SHAKRK ASSOCIATION, wro., ETO. THE CHARGE OF WYK MURDKE, Nov. 17.—Twe jury in the case of Martie Halligan, sharged witb the murder of his wife, reported in the Bima, came into court about ibree o'clock, bed abe morning of Saturday, with a verdict of “Not guilty.” The Prople vs. Gus , The prisoner 's tedioted for a misdemeanor, under the statute of the last wession. Mr. Anthon appeared for the proseeution, and Moesrs Jomee T. Brady aad B. L. Clinton for the detence- Officer Miner (examined by Mr. Anthon) deposed that be Knows ihe defendant; was at bis place of entertain” ment on Sunday, tbe 20th of May last; saw the defendant moving around through the audience, aud someti nen get wpon the singe aad address the audience; it was & stage Me uny olber etage; 00 ond orcasion he said, “Amen penid worship bis God in that building ae well asin any ohorch the seme of Lindenmuller was over the door, aud eiso the eign ‘Sane Souci;” 1 should say ‘bere were ss many persons in the gudience as there are ts thie cours room; I saw several per- pone exter the theatre that night; cannot say that! saw uy one pay money on that gight, but ae a general thing ‘bey do pay; the persons on the sisge were conversing os The Her aonn japguege, | understand the German, the piece performed was concerning the loss of a child: I Bannot dcsoribo the pieoe;all 1 remember is the sub- tance, sod tbat was, as I said defore, about the loss of a gbild there were from elx to eight persons on the stage teatime cannot C4 if there was any orchestra; | hav: Deoe othe bab! Visiting the theatres of New York, @ What difference, if aay, was there between what saw upon Kove orainaril (> to—tirat, a8 leading: aeoondly, that it inquires ‘what transpires at other theatres; and, thirdly, because ® calle for an opinida from one who is pot an expert.) ‘The Court ruled that the first quert.on was a littie leat . At to the second, they aid not sttempt to prove what was done at other theatres. Ae to the third point, the Court heid that the witness wae aa expert ‘Witness continued—There was @ cg o w the stage. ‘was pot crows examined. Omer Fido. ga mony, aud added that Jove piece; bad seen the same rg The of was not cross-examined Fred. Stallmecbt, counselor, deposed that he wit penecd ihe execution of the lease of the Boym's theatre © the defendant; ] know the premises 199 and 201 Bowery 1 know the defendant took posscasion. ‘Oroes examined by Mr. Brady—Mr. Lindenmutler was a cilent of mine at the time of the execution of this ease; od me on the matter. offered to prove that at the time of the exe- lease the act known as he Sand la, iret provenied, wae not passed; that when t! siatars parsed tbat act the Governor vetoed it. Ruled ou;. ‘Mr. Brady remarked, sodo voce, that there were more Segisiative insults passed upon the Ne of New York ban © were generally incl \ped to submit to. & baat on Sane is attached bey hig es s pons . Waa is surety a ‘Witnees continsed—The reason Mr. Lindenmuller took the lease was becaure he expected to wake more on Sun- “ge than throughout the week. ie clored tae case for the people. Mr. Brady opened the case for the defence, It was one smvolving the religious feelings of the jury, and in that respect {; was unpicasant. In this country the constitu. ‘Bion provided that there ehould be free and full exercise of the religious feelings of every man, and thus we differ Brom most other countries. Mr. Brady read the third seo- tom of the constitution of the State:— ‘The free exercise and enjoyment of religious profes- ball be forever allowed ip this State to all mankind, and mo persou shall be rendered iacompetent to bea witness @@ account of his opinions on matters of religious belief; Det the liberty of conscience hereby secured shal! not be eo construed as to excuse acts of licentioasness or justify = inconsistent with the peace or safety of this 10, ‘Mr. Brady continue’—Any man base it to enter- ‘tain avy religious feeling that he likes, and to believe in aay theory in respect to this world or the next. He may euprers, too, what he believes, provide: !t does not ‘amouct to profanity. Mr. Brady alluded to the Sunday amusements an continental Earove, Dy the bumble and exalted. pon the insulting scts of the Legisiatare, which were Bested for ‘ive utmost degradation of the city of New ‘ork sione. This statute only related to New York. Brooklyn sed Willlamaburg may have their Sua. day ertericirmente, bot any such amusement or exhibition in yw York is consitered offen @ive ac degrading, as if thie city was the most depraved spo: in the Btate, Be said there war no proof what ibe mance was, it did Bot appear whether it was en opers, comedy, comedietta, tragedy, burlesque oF panomime;, they told (t was something display. affections of @ efor ber child, but whether i was written by & divine or « dramatist did not appear. Be then referred to the celebration of the Catholic rites {0f which reigion be waa ® member), aad spoke of golemn ceremony in Florence which be witnessed when ‘the Grand Duke jolsed ip the solemnity; and yet that with the Mr. Brady concladed by \bet there was no evidence in this tase to ¢ nature of the represeatation was, or that ted F for the defence, deposed that premires, the name of the defendant was ne houre: when the Sunday law was in force nds of Mr, Lindenmulier came to hyn and ad m (o have & sign put cp for the German Sbaker » admittance for persons not members; | do may not have been pleasig to or in w Foligious views of other peoole. fon wend: Bot know shat bas become of the Srat paper forming that atc To Mr —The agrooment to form the assozistion wen To Mr bout thirty or forty signed It; all who not vgn it; there was no presideat; rr at op Diens oF doctrines aboot dramatic repre- @ontal coe did that aenociation agree upon’ (Ubjected to ) Re & —You may as well take the short road to it, or, w that a@ they believe the law to be unconsli tations! they were determined to violate tt. Mr Brady—i don’t mean, sir, to say any euch thing, fir; bot | mean to eay that the German popalation are & law ab\ting people, aad that they bay) aright to amuse ther.relves o any way that is pot oppwed to public de @ency an! morsis. The Court ruled the question out. Mr. Brady offered to show by Mr. | indenmuller, the he lors of the original paper incorporating the and that the one now ta court was @ copy. rr) the defendao} in a criminal pro A competent withers. olkper was recalled, and deposed thet the paper ‘written in + an ‘8 & Copy Of the original association of ‘Whe Sdakers’ Society. Crote xan ined—| eaw the orig! weeks ago, I ever compared this with the original; | read this © Wate worns:; for the frat time. | bare been employed by Mr Licdenme # Mole wiser depoeed that he was secretary of the cvety, and made this copy of the orig iba! coa. To Mr. Anthon—I guess the or! is home in Mr, Lindenmuiier's hours. (Laughter, Mr. Brasy again proposed to call Mr. Lindenmulier as & ‘witaees, and to offer the copy of the constitation of the clatla in evidence. Krane shui, examined through ao iulepreter, Gepored Lat be was cashier iw the employ of deleadaat celpt# were mach larger on Santays, almost as for the whole week. To Mr. Anthou—Theso reoaipts were for the orations or ube Shaker Asscciation; thay were paid for ad ‘wi oem# Is & member of the association, there at two bandred mémbers 1 \aat, exw them coming in nod going out; be on they were ail members A tracelation of the Shaker const!tution was then mado by Mr Stallnecht and read to the Court, of which the following 18 & copy: — CONPTTCTION OF THE RELIGIOUS RECT CATLED TRE‘ GREMAN The und reigned bere¥! Tae cicoriaty for tve unde her . of parsing ibe day of Selwerk ealied Sanday in nlaskeer ‘worthy of cultivated and thinking men. to rest from the labor of the procedicg daye, and to gather strength for the following They meet together to kt Sanday religiooniy, with ‘their families, to litten to wsefal and serious addresses of @ing)¢ perwous avd of weverAl rpoak: taper to repre. Sent cccurrences from actual Ife founded oa morality, to Counre! good’ and always to practice good. to avoid eri) fnd with our might and strongih keep every one from eri), #0 to act towarde our fellow men aa we Wish to be treats — the wor ts in the Bible, fe believe ta the Immo ¥ of the soul lmpiaoted in a by ibe gor dees Nature, we beliove {a thewacred beings, who, by the strength of their soule, have guided thousaode We bolleve that the trinity BU tLLon by them, according thy neighbor as thy ‘We battic and work for this, our religion, by moral re Preseniations; by de'ineations of the light and shady sides of bumas life, we strive to elevate moa to become noble Gitizens o/ the universe. We declare these, our Sunday acts, to be our religious mode of worship IRTORTANT POINTS OW TRE CRCONETITUTIONALITY OF = S83 sowpay Law. ay ¢ following are >t Ir. wy I. Ginter ce behalf of deteedant, Tiedenmsalier, in respect {0 the snoorstitationality of the Sanday law — The Iaw in qvestion ia in violation of section 6, art. 1, Of the ernetitction of thie Stale, which that “Na Perton sdall be depri iife, Out doe process of law.” The law eet to deprive citiaate of thelr poem clre that the right of persons! i(berty and poe pine ‘should be beld gacred. At Jeast po court @f Justice In thit couptry would be warranted |p ‘bat the power lo violate sod disregard them—a repugnant to tbe common princl of justice liberty—lurked under ms / great of authority, or ought to be imped from eonjows vf the will of the peopie. The poopie ought Lobe preeused to part with rights 60 security and well being, without very strong ex) ions of such an intention.’” Nquor owned when it took eflect and that which might afterwards be manufactured or imported, and thoy are made operat!ve on both, the act # upconstituti and void, To destroy the right of use of property is to de- Btroy the rigbt of property. This has been repeatedly In the cage of the People ys Toynbec, 20 Bart, 195, Brown J. observes: ‘The right of ly , a8 wo have seen, consiets in the free use, epjoy men! disposal. its jmoi¢ents are the ¢: joyment, ute and the power of dispo- sition, How are we to delegate, claraify or define an in ‘terest or an estate which cannot be need, enjoyed or sold and wansferrea? By what words aod exprersions ahal) ‘we impart to others ovr idea of its patare and qualities. There can be no property, in she legal and popular sense of the term, where neither ihe owner por the person who repreces ts (he owner, bas the pywer of the sale und dis Pceition. That which cannot be used, enjoyed or sold, is Rot preperty; and to take away any or ali of ihese incl. nie ‘g im etiect Lo deprive the owner of bis right of pro- perty.”” The Stato ve, Ambe. (20 Missouri, 214) Ambe war indicted for keeping open wo ale bouee on Sanday, and for Belling ale on the same day. A motion was made in arrest ofjadgmept. Ambe bad a license. The Cacrt, per Scott ., (p. 220) a: “A jew compelling the observance of Sunday ag a day bas slways been tv force under our State government. A licevee grankd by the State Sar tocar ste nap snd monte Ss ki open cual 78 on Sunday, as 0a other days, would violato the Lord’s ¢ay act He is in no worse contiition, 90 far aa the authority to set! on Sugdey 1s concerned, beesuge the offence of keeping open 8 dramehop on that day ie spe. ounced by the Legislature” The statute in question hae the effect to elt. zens of liberty without “due process of law.” it is un- copatitutional, for the additions! reason that it is local; {t makes tbat a criminal offence in the city of New York which is not criminal in any otber partof the State, It migbt 28 well be coptended that the has the right to make that murder in the tirst degree in the ois; ot New York which would be manalaughter in the fourt! degree in Brooklyn. An well might {t undertake to make that a capital offence tp the Fifteenth ward of this cit; which would be but a misdemeanor tp the First ward. The idea of Legislature making toaterimioal in New York whieh js innocent and barmiess elsewhere {e preposterous, ‘This statute is unconstitutional, because it is in viola. tion of article 1, section 3 of the constitution of the State of New York, that the ‘free exercise and enjoyment of religious profession and worship, without discritainaiion or preference, sball forever be allowed !n tbia State to all mankind.” The effect of this statute is to discrfminate in favor of those who keep the first, in contradistinction to those who keep the eeventh day of week. ‘Thie statute cannot be si ly maintained on the ground that Christianity is‘a part of the common law of the Btate, and therefore the Legislature baea right to enact Jaws for its due obeervance. Christianity is not a part of the common law of this country, there bere ‘Ro union of Church and State as in Eogiand.” Ta the case of Bioom va. Richards (2 Odio, 390), It wae expressly held that neither Christianity nor any other Pen Of religion formed a part of the law of that’ state. Constitutional provielon in that State was similar to ‘the one in the State of New York. Could any doubt exist ‘upon this subject as to the inteation of the framers of; the constitution to recognize Christianity or any distinctive religion, such doubt is entirely removed by section third of articie I, which provides that ‘no person abail be ren dered incompetent to be s witness on account of his opipions on matters of religious belief.”” It bas beea held by the Bapreme Court of \iforpia that the act of April, 1858, for the better observance of the Sabbath, was un- constitational and void, as a violation of religious freedom by enforcing the compulsory observance of a day held eacred by believers in one religion, and thus dis¢rim|- nating in its favor. Mr, Anthon summed ep for the prosecution, and the case was adjourned to Monday morning, when the Judge ‘will charge the jury. FINANCIAL AND COMMERCIAL. . Sunpay, Nov. 18, 1860. The Secretary of the Treasury has telegraphed to Mr. Cisco that thirty days additional time will be given to the bidders for the new loan to make their payments. The despatch to Mr. Cisco will be found in the editorial columns of the Hzra.p. The financial movement of foreign trade during the week which ended yesterday did not vary from that of previous weeks this season, The exports of domestic produce continue largely in excess of previous years, while the imports of foreign goods and the exports of specie fall short of past seasons. It seems probable that the dead lock in the foreign exchange market will have the effect of checking the exports from this port, and that for the present the maximum excess over last year has been reached Jt is highly gratifying to perceive, in | 1 view of the commercial anxieties of the day, that the imports. of foreign goods continue to be light. The following are the comparative Custom House tables of the foreign trade of the port for the week and since January 1:—~ Iuvorts, For the Wee. Dey goods... Genera’ Mase. Total for week.. $2,999,095 Prey. reported... 129, Since January 1.$131,120,476 x8, royiy 204,807,000 Exronne oy Proprce ap Marceanniss. 1888. i For the week. Prey. reporied Sipee January 1. $65, 2 Enron @ Seace ‘1858. For the week... Prev. reported Since January 1 67,129,956 49,151,147 The movement of specic since ourlast weekly re- view has been heavily against the bank average. On Monday last the banks showed an average of $21,125,429; but this was probably more than they held, as the drain Southward was quite ‘heavy during the latter days of the week previous. Since last Monday fully twq millions and a-half—in- cluding some government remittances—have been sent to various points South. Against this the banks received on the 13th $926,093 from Califor nia, and some parcels have come on from Boston. The public should be prepared, under the circum- stances of the case, fora decline of say two mil lions in the average to be made up to-morrow. The decline in the bank loans will probably be very large. The withdrawal of deposits and specie has curtailed the means of all the large banks, and | they have been obliged to decline fully one-third to half the paper offered for discount. Last Mon- day the banks showed a discount average of | $125,636,715. At the corresponding date last | year the loans stood at $121 ,520,63¢; the specie at 919,743,371. The money market, which was lightening up | when our last weekly review was written, closed | yesterday under the full influence of panic. Money | NEW YORK HERALD, MONDAY, count, with the understanding that Mesers. Brown | afd those few among houses which did not enjoy a Brothers would take up the paper at maturity with | specie to be imported from the otherside. A million of dollars seems to be a small sum to set the wheels of trade agoing after they have been stopped. ‘at several leading merchants appeared ta ‘nk that this :um would give impetus enough ‘o the market to restore its tone, Late in the @%ernoon, however, we understand that the arrangement fell through, mainly through the opposition of Mr. Punnett, of the Bank of America, and one or two other bank- ers. It need hardly be remarked that, whatever the merita of the scheme were, this evidence of want of concert among our banks—not to say od- structiveness—is not calculated to allay the pre- vailing panic. The following table will show the movements of the stock market during the past week and month:— Oct 20. Oct 2%. Nov. 8. Nov. 10. Nov 17. 1% oo Missouri se 18 18m 16M New York Ceutrai. 86° 8036 * 79. ™m . 4655 A186 ‘4 o7 33 om 31, 98 BRT Michigan Centra!.. 65 60 Ole 6oN 47 Southern 45 86% Bey 28 Lpois Central 8 na as Cin 665 5 8 Ny ee 58 10% 624i % OL 3 t, AY 3% il gd s109 66 8K BAT a mk «9 Tf The comparison with last week shows a farther decline, making an average decline of absut 20 per cent on the general list within the month. The most noticeable feature of the decline last weel was the fall in Btate stocks and federal secu- vities, all of which were pressed for sale without bidders. In the present condition of the market people are unwilling to buy even United States stocks, and we are not surprised to learn that the State of Ohio has postponed the award of its Joan, which was to be made on the 25th inst., to 13th December. Whether the pinch will be over by that time remains to be seen. The financial crisis of 1860, it is now evident enough, will take rank in history with the lament- able epochs of 1817, 1825, 1837 and 1857. How it may compare with each or all of these in re- spect to the amount of mischief done time alone can show. Thus far its effects have been unparalicled in their suddenness and their intensity. At the commencement of Oc- tober last everything was serene throughout our commercial wort. The West had just harvest- ed an enormous crop, and the Western banks were expanding their currency with judicious modera- tion. The South looked forward to a cotton crop which, if not as large as that of last year, still pro- mived to yield scarcely less money than the great crop of 1859, and very much more than any pre- vious crop. For a year, at least, the general trade of the country had been prosecuted with a praise- worthy caution. At this port the imports were se- veral millions less than those of the corresponding period of 1859; the exports of produce nearly 40 percent more. Of specie the country had export- ed $20,000,000 less than had been sent abroad dur- ing the corresponding period of 1859, and the re- ceipts from California having been nearly the same, we were so much the richer in gold. Our New York city banks had pursued a pradent course; they had begun to curtail in August, and continued the contraction steadily, week after week, without, however—such was the prosperous condition of i the country—causing any inconvenience to mer- chants, or retarding the movement of the grain crop. Money was not worth seven per cent in this city; foreign exchange was barely maintained at the legal par between this country and Great Bri- tain, showing that our debt to the other side was much less than usual. The increase of railway traffic, consequent upon the recovery of business throughout the country, combined with a pretty genera) restoration of confidence, had stimulated a speculative feeling in the stock market, and all kinds of securities were gradually approximating to the figures which ruled before the crisis of 1857, Sach was the condition of our commercial world six weeks ago, The only cloud upon the horizon—a cloud imperceptible to all but very close observers—was the problem whether the South had not been overtrading in land and negroes, and might not be suddenly arrested in its tide of prosperity by the drought which destroyed 600,000 to 750,000 bales of cotton and cut off the corn crop in the Gulf States. Bat this, as we said, was overlooked in the general teeling*of prosperi- ty and well doing. Let us now glance, by way of contrast, at the condition of affairs to-day, Business of aM kinds fs suspended. Ships, half laden with grain and flour, are unable to go tosea because shippers cannot sell their bills. Agents of British houses cannot execute their orders for the pirchase of food for the same reason. Cotton cannot be stirred from Southern ports from the same cause. Importers cannot buy bills because they cannot sell their paper. The banks have not the means to discount freely, and outside capitalists will touch nothing but the very choicest paper and that at 1 a if per cent a month. The whole machinery of our internal exchanges is disorganized. The Southern banks will not buy bills on New York. Sight exchange on New York is worth at Chicago 6 a 8 per cent pre- miom; in other words, shipments have ceased. Debts due to the North cannot be collected in many of the Southern States. A batile of currency has begua to be waged between the various States. No prudent person, under the circumstances of the case, will take South Carolina currency except at an enormous discount. By way of retaliation, the South Carolina and Georgia banks refuse to re- ceive Tennessee and Kentucky money except ata depreciation of 5 per ceat. The Western banks are about to be called upon by the State authori- ties for an increased deposit, to offset the recent depreciation in the State stocks lodged to secare their circulation; they cannot comply with the demand, and their suspension is on the cards. As to the Southern banks, their fate seems obvious. It will need very ardent patriotism indeed to re- strain a billholder of the Bank of the State of Sonth Carolina from claiming gold for his bills, | can still be had on @tocks, at seven per cent on call, bat the margin exacted by the lender is wnuenally large, and the prospect of such loans being called in from day to day very strong. No | paper enjoys any currency but first class endorsed; that goes at from I to 14 per cent a month, and isnot readily sold. Second class paper and names not generally known are positively unsaleable. No | one is willing to boy until- it is certain that the | worst of the panic bas been seen, and the conse- | i that borrowers are unable, with the best assets, to obtain the means they need. The foreign exchange warket is ina paralyzed | ondition, Bankers’ bills were quoted yesterday | at from 100 to 105}; commercial bills of good | character, or with bills of lading attached, at [ 97 a 102; Southern bills, representing cotton, at 98 | @ 1033. But the simple fast is that there was no market for bills. Nobody wanted to buy at any | price. Produce could not be sold and sent to sea | because the shipper conld not sell his bills, and | thus the whole machinery of commerce came tos | stand still. To relieve the commercial community, | it was proposed on Friday afternoon, by a member of the {rm of Brown Brothers, that the banks should combine to furnish a certain sum for the purchase of exchange, the returna to be made in specie from the other cide, A meeting of bank officers was held yesterday to consider the matter, and we anderstand that a numoer of leading banks agreed informally to contribute their propor. tion of a million of dollars to effect the pro posed result. It was anderstood that Messrs. Brown Brothere wore to bay a million dollars Worth of produce bills, paying for them in their pa- por st 00 dese, which peper the banks were to die- quen | easy to discover. when he soos that on lat November that institution heid less than ten cents in specie for cach dollar of its circnjation, and that, under cover of a conveni- ent act of the Legislature, the bank is about to em- bark in speculations in revolationary bonds. The banks of Georgia and Loui stand ona better footing; but in those States, as in South Caro- lina, the fail intensity of the panic has yet to be felt, and how banks can stand when cotton bills cannot be sold at 9 per cent discount, and no.man can get the value of his property in money, it isnot With regdrd to our own banks, they seem strong enough jast now—no stronger, however, than they appearedto be on Ist October, 1857—just thirteen days before they broke, How little unity of purpose or common sense guides their policy we mey infer from the fact that a most practicable scheme for the purchase of a million of exchange through Messrs. Brown Brothers devised in the hope of imparting some sort of vitality to the exchange market, and stimulating the activity of importers— failed yesterday afternoon, mainly, as we under- stand, through the opposition of Mr. Punnett, Presi- dent of the Bank of America. There is no reason to suppose that the bank presidents are any wiser how than they were in 1857. A little common sense—a little mercantile foresight would bave saved them then; the Punnett, it seems, aro with us still, and how the struggle wit end, if the mer- chants should find themselves unable to contend against a refaeal of bank accommodation, and the public shonld take alarm at the decline of specie in the bank coffers, Providence slone can tell. Merchants, thus far, bave stood the brant of the crisia nobly, There have been very few failures, high credit, But this has been chiefly dae to the fact that the crisis did not begin to be felt till after the bulk of the November paper had been met. A few days more of such stringency as we have bad for a week or more may tell a different tale. Stocks have fallen enormously. The decline within month has been equal to 16 per cent in Virginias, 20 in Missouris, 204n New York Central, 14 in Erie, 21 in Michigan Central, 24 In Minols Central, 19 in Galena, 23 in Rock Island, 21 in Toledo, 15 in Reading, and to a similar extent in other securities, The United States loan, which bylaw conld not have been awarded below par, is offered at three per cent discount, and some takers are said to think of making some quibbling excuse to evade com- pliance with the awarda made to them. Such is the picture which the mercantile condition of the country presents to-day. The startling contrast between this scene and the one which met the eye of the observer six weeks ago naturally recalls the well known princi- ple of political economy that no commercial cri- sis is so much to be feared as one which grows out of political causes. Disorders engendered by com- mercial errors and extravagances speedily work out their own cure; panics created by political dis- turbances are governed by no known laws, and their effects cannot be foreseen. This is the firet occasion in the history of the United States on which the election of a’ President by the people has disturbed the commerce of the country; in at- tempting to foreeee the extent of the disturbance, we fare not only unprovided with well known principles of political economy to guide us, but we are without a precedent to mark a single step of the way. It is generally safe to assume that men of sound mind will not do that whicfmust inevitably redound to their injury; yet this is precisely what the Southern banks have been doing for more than a fortnight—what our banks did in 1857—and what they are quite likely to do again. It is reasonable to presume that when a man in South Carolina has cotton to sell, which a man in hiverpool wantsto buy, and on the sale of which other men in Charleston and New York desire to make reasonable commissions, nothing will Le allowed to impede the sale-and shipment of the article; yet, as matters now stand, the planter cannot sell, the agent of the Liverpool house will not buy, and the middlemen will not stir. How long this dead lock will last, and what disasters will occut, before all parties come to their senses, the wisest cannot tell. One thing is certain—the financial storm which is sweeping over this country will be felt with re- donbled severity in England. There, business was depressed by the partial failure of the food crop, before a breath of trouble from this side reached England. It was known that the imports of fooi from this side would be unusually large, and conse- quently the receipts of bullion unusually light. This was felt as no slight hardship by a financial com- munity already straitened by unusually heavy de- mands for silver for India, and for the prosecution of an expensive war in China. A fortnight ago, financial advices from London were gloon:y: an ad- vance in the bank rate of interest was anticipated, and the funds had adeclining tendency. What will be the effect when, in addition to their previous causes of anxiety, the English learn that we sre about to import gold from them, and that this country—their best customer—may be on the eve of revolution, and will buy as spariogly as possible of British fabrica next spring? An ad- vance in the Bank rate of interest to 9 or 10 per cent is confidently predicted. But this will only straiten the British merchants. It will not prevent us drawing the gold. There is @ profit of over six per cent on the operation at the present rate of exchange. How will a money panic affect the private bankers in London, who, since 1857, can- not runto the Bank of England for relief? How will it affect cotton, with a manufacturing demand reduced by the prospect of light exports to the United States? How will it affect breadstuffs, mil- lions of dollars worth of which have been shipped from here since the harvest? How will it affect American State stocks, which are held so largely in England? What Englishman is going to hold Southern State stocks, in view of the declarations of the disunionist leaders, and their previous expe- rience of repudiated bonds? These are questions which cannot be answered by commercial men without a thrill of apprehension. ‘The severity of the commersial sufferings of the past week has to some extent diverted attention from their first cause—the disunion movements at the South, There are, in truth, very few facts to be added to those which were stated in this colamn a week ago. Disunion conventions will probably be held in South Carolina, Georgia, Alabama and Mississippi, in the corse of the next sixty days; what they may resolve is yeta matter of some uncer tainty. Well informed persons from South Carolina seem confident of the co-operation of Georgia and Alabama, and predict already that Charleston will be the New York of the South. Mobile and Savan- bah are to be secondary porta, occupying the same relation to Charleston that Boston and Philadelphia do to New York. It will of course, in the event of seceesion by the cotton States, be immaterial to the North which Southern port grasps the lion’s share of the new foreign trade to be created; the fa- ture decline of Savannah and Mobile, and the loom- ing, greatness of Charleston, may, however, in a measure, explain fhe apparent recklessness with which the people of South Carolina have been jeoparding their banks and their cotton trade for the sake of disunion. There was, it seems, a method in their madness. Charleston having taken the lead in the matter of secession, and borne the brunt of the first shook, that will naturally become the leading seaport of the new confederacy, and will be so considered in Europe. Merchants de- sirons of shipping goods to the Southern States will clear their vessels for Charleston; Charleston will once more become the principal commercial city of the South, and Savannah, Mobile and New Orleans will fall into the background. Already we hear that some of our leading houses, believing that the erection of an independent Southern confederacy ts inevitable, and that the Southern trade is lost to New York, are contemplating the establishment of branches at Charleston. But we do not hear of any similar establishments beisg in view for Mobile or Savannah. OITY COMMERCIAL REPORT, Barvupay, Nor 17~6 P.M Asnes —The markot waa quies, with enies of about 20 bbis, of both rorie at 6 yo Flour—The market, coder the iv{ivence ansaleable character of Braapertyre — ot in ‘and the fore! cxoher ‘was heavy, and closed at a decline of 1Ge. & Lée, per bbI. The sales for export were in a mea pure suspended, and transactions chiefiy confined to the dome demand About 4600 8 5 000 bbls charged binds, clering Within the following range of prices — Bu - 6 OasT Extra State, good i 45 Wemern + $0Oabb Commen to choice Wratern extn 6 3007 00 St Lonte extra......... alto Mixed to strairbt S-utberp bReee ‘Straight “ Comme Tas Rye fleur 86a 4 a5 Corn meal 3 8088 70 — Canadien were somipal. U the mame embarravements, The market wae heavy and prine ~¥ Jower: the rales embraced about 700 « Rye 3 NOVEMBER 19, 1860. and exchange, wae irregular, and midd)irg cplands we: quoted by arent brates al pricaa ranging pets SBxe. wee & mejority in favor of ‘ver tgure ‘The embraced about 2,600 bales, >, for expor: and in transit. Fauorie —Rates continued to he goqements were about 40,000 busbels a 14gd, and 20, ou Collen as 9 3ad. 00 hbds. tallow at pig ‘three days from sbip and from yard, at moderate I the past two or ya abgut 2,000 bbls , at 86c for mop, aad $1 20 for lump Rockland. Mo.asere —A sale of 40 bhds. Cuba muscovado made at 240. Navat Stoxns —Ia the absance of export demand merkct wae irregular aod quotations nominal at 430. « 490 for straight spioping and New. York barrels. Rosia was beavy and ight at irregular quotations. Or1a.—The market wee dull for al) kinds. Small sales crode sperm were reported at $1 48. City linseed oil ‘was dull and telling im asmail way at 55 « 660. cash, fo cath. Olive oil was steady at $1 27% a $1 30, and in Dozen at $3 20 for quarte, and $4 90 for pints. Grade cotton sted wae at 00c_per gallon. Heda. however, s fair demand the trade. The tales embraced about 350.0400 bbls , including mess, at $16 25, and prime at $1 Beef was comparatively quiet. The sales embraced about 260 dbie yin pe arsloa iy 4 Ke in prices. bbds. Cuba, snelading Tetntng goods nt Sco & 62 sand rocery grades at 6c. a 6540. for good t prime, and small Frotoe tote at Te. “ many Linseed was heavy, and sales limited. Tho last sale of moment in Boston comprised 2,000 Bombay, at $1 72, cash; other lote were offered al figures pot taken; Calcutta wae nominal. flaxseed was telling in this market, in lots, at $1 508 $1 65. Waisxay —The market was Wull, and tales were made at 20}¢. SHIPPING NEWS. Port of New York, November 14, 1860. CLEARED, 17th—Steamahip Primeire, Thomeon, Rio J Rainey (not as reporied by Ouaious House Olay ARRIVED. v AM. Beh inet, 9 AM, 6h 8010. tom 13 90 seamahio ¥ York, fcr Southampton and u ia Bo AM, = Ly close toge ber, supposed to the Al. Fteamahtv: J 3 emertome. Sxteper Richmond, £c, with mdse “apa ron, Laibaas, Bristol, Bog, 38 days, with rail road io J2™N dmhh @ Go. Encountered heavy W gules om the passage: waa 20 days to lon 35. had a weet: erly sen ransing for 25 days; los: jib, split two and "Fenty Mercary, Ravre, Oct 1, wits mdse and 264 secgers. to Bord & Hincken. pre som mise'and 186 passengers, io Bova Ealecten, re 'W gales; split 186 King. For the Grit 20 daya had strong W and Monroon (new, of Damartscotta), Fiye, Damariscotts, 6 to master. 8 3 i Countess of Bealeld (Br, of Btockton tte, St wi couse DW Fiimee ‘Frown Oct ain toe, lat 5, dad heavy W gales, lost bulwarks aod spit emis Jat 44, fon 48. ship Carclas for Lonéon; LA signalized a Br bound showing a white flag with a blue croes, ‘Bark Choice (Br, of Cork), Sullivan, Cork, 49 days, fn ballast, to ort er. W westber the entire deavy pastage. 0 Ji (Br, ot Yarmouth, Perry, Cardiq, sept it oo, Thee James. ee a to B Barosiorff & Co. ed Ha ag Wing fm fit Maclin Pr Urann, Zara, Oct 24, with sugar, to Hibrso MeJome NBN onckson, S Jobm, NA, 8 nye, with Buver & Fe _ Wiig" Aeadia (Br), MeGiven, Windsor, 6 days, with plaster, wD Pare Brig € Groton fof Inckronville). Tivbette, Jacksonville pipe. to Peck & Church: veael to (tise H ¢lerson ‘a Away. Ney, Banter, 10 day, with Math Experienced beary weather, lost 10 days, with lamber. to tot New Havea) Tardy Malaga Get 13, ed Ginrattar 14ib, with fruit 19 Grund & Weaservele Wiliams, San Bad beavy ty it onthe wane Yo Juan, Oct 18, With bides, Bebr @t Dennis), Chase, Jacmel, Oct. auth, with erie and logwood, to Raubards & Gor Wed beaey ‘wenther tp the Gulf, ‘fcdr Persia (Br), Smith, Windsor, NS, 5 days, with plaster, in master. |p pe od ir), Clark, Cornwallis, NB, 6 days, with po- ee $e Deptoers, Bt George, NB, 4 days, with Schr anther, Breretor. Feckeonviite, 13 daya, Sebr Elizabeth & Bleanor (3 mast), Lane, Jacksonville, 14 day ‘cbr Frances , Savannad, 1° days, with oot Jonas * motth'a Co. 17th ‘tnt. Cape Henlopen Sra wer, yaseode ‘Dothing Ou! ‘har lowormnaae ‘Sebr Brewster, Hawkins, Charleston, 6 days, with cotton ae. 1) 0 Marray. febr RW Brown, Burton Wilmington, RC, ¢ days, with cot ton Ae, to master. fg ’ Fe a a J oe) eran with ont: Wo Rowing 2 Bask ETRE, D kee ie. Van Clef, Alexasdris 4 days. Lav son, ae 2 deve. . Rat ee eee te san Oh Vikery: abbon, Oretarionn: BC, for Dighton, aL Bi ae = tos 30>} NST, SEEERERT EEE Tesi aREe ERETEEEEE z ie £%, oe the ips at : a2, it aeeit z= i 3 tiie PT far ‘Bedford \éch, ship Reams C Jones, Howes, Pa. Capt Howlar¢, of bark Mary & Peas, NB, re | Eyton ‘anderbii, Lefevre. Hay Nov 7. via Soutnamp:- , on wo D Torrance. Orie: hip Gy Bit NB by Kot Tuakar. from Liverpool for NY ry, Oct 31, 36 mileg sa iar oh pe poe ars onan Jon (Sie from Norfolk, Va, for Malaga, coupons Ms cneon, from Mobile tor Boston, no date, ‘ord, of East Machias off Hatteras, okt rarietta, Dyker, from ‘nore tor Anal Nov? of Bereby, Pear J EO Fa from Mobile for Providence, Nov 2, las Foreign Ports, ARDROSSAN. Noy S—8id Tyne, Kenney BrsTo. ), Nov $—Bid qa, Mary Adel, Keller, ‘SOrloana; Sine Jule, Willasae Met Bracny Bean, Oct 31—Off, Maria. from St Petersburg, and Jobanse Broos, trom Neweiulle, eth for ‘Bremen, Nov 5—Arr Hoborst _N York. Fe 4, Oct Bec B ‘Drinkw ster, Charles- Canpiy: " ueakDibr, Now , Hew York; Gullalma, CROORHAYEN Nov 1- 4 Chise. from N¥ork for ; 34, C De: . Maegane RINr ae par fae Dawa Oct 23—Sld Zephyr. Parwoctm, Nov 8-Put fa, Arosley Orafa, from "York for Bayre. Fara, Oct 16—Arr Mi , Bostow eld 18h. Seater rota Wane ear et ibe Chyde Stb). Nov 2—8id Nubia, Large, NOrieans; 34, Sparien, McKenzie Ginsattan Ou er pir, ‘Alice L ‘wen webb, yd wate): 29tb, (to tall Havas, Rov 2—, cy Cheever, NOrleans, Sia ‘ia po Javre, Aabios, for Mork, ready: Joba ston, Yr.do Thun Ark ie. for 46 3b at sn: Nienan Brandon, for NYork 24th; Wan Melson, Cheever, for" Jacunn Oct 25—l2 PA Hawkins, Nov Ban Juan, Ni Br Joun, NB, Pall Biver: oT : Li B, ev le etha bark barks Edward Hill, Arey, Palermo; navn. 40; brig Iscje, Lancaster, Havana: Ona TH: Nov 15—Sld abip Tiger (new, 1080 toon), Lowell, New ‘RR STOL, Nov 18—Arr sche Gazelle, Willston, Providence for WYorks Bape Ursaoet Ti her, Port Rweu; 16h, w cainer Jeriey Dine, Onndaey, ow BAKER'S LANDING, Nov 16~Sl4.gchr Wim Allen, Grant, CHARLESTON, Nov 12~ su 5 gos, cing Metin Care Lite we omae x eat | Is. Fld brig Heyward, By Windies: Oren Yportisod; ul Balierty, sod M 4 Shiadier, ee, oy Ireland. 8 York. RAST MACHIAR, Nov i—Si4 sobr Gipsey, Ingalla, New ALL RIVER, Nov 15—Arr sebrs BR Borden, Arnoki, Alex- 1 'N, 8°. Nov 7. Cy Bday -y BO York; Suh, Mediator, aiier, Newport; SARDI NER, oy Ar tpg Quy ey, Renae, ory LOUCKSTER, Nov l¢—Arr bark E Churchill, Powers, Ma- Pome Li, Wow l4—Arr amacks 4 and ig Atop ie eaten, ame he d HOLD, Now 16 PM—Arr achrs DP. Talpey, Lee ware Yo bie: Bit aawr a 1'B. Texes, Oot 29—Arr sch H M Johnson, Welle, NAH, Nov 14— Is ma sohr H P Simmons, Godfrey, Alesan: PN gad ov 16 Ase sehr © W Holmes, McElwee Ph>