The New York Herald Newspaper, November 19, 1860, Page 4

4 ___NEW YORK BRRALD, M NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE N. W. CORNER OF FULTON AND NASSAU STS. TERMS, cod 4 bop the b ri ; Wahen THE DAILY HERA THE WEEKLY I Cope oF 93 pee p . br " | rf con's) TH eo; Vo. pi 7) idence. We donot Unive rico every day: advertisements tn feat nthe Wa Famicy Henan, and in the JOB PRINTL ness, cheapness and de- opateh Wolume XX peveeree NO. 383 NIBLOS GARDEN, Broadway.—liaucer, on GARDEN, Brosdway.—Howermoox—Ilexar BOWERY THEATRE, Bowery.—Sratmnc & Roccus questa Taovre. ‘ALLACK'S THEATRE, Brosdway.Lovr ano Moser — Boas Pecicrry. LAUBA KEEN®'S THEATRE. No. 624 Broadway.—! ur. Bic AND Fancy~Toopiss « Faure. NEW BOWERY THE AND Tum TiioxkE—VaLen Busan. BARNUM’S AMERICAN MUSEUM, Broadway.—Day and Bveving—Acree CALDKEN—LivinMG CoKiostEiES, &v,—ROSE Bnew. BRYANTS’ MINSTRELS, Mechanics’ Boniesguas, Sones, Dances, &.—-Lse HOOLEY & CAMPBELL'S MINSTREL Broadway —Krotorias Sonos, Dances, Love's Discusses CANTERRURY CONCERT SALOON, 663 Broadway.— Sones, Dances, BuRLesquas, Nibio’s Saloon, 0 RLRSQTES, do, — jw York, Monday, November 19, 1860. Our despatches this morning show that the senti- ment of secession has in no degree abated in the Bouth: Senator Fitzpatrick, of Alabama, has writ ten a letter recommending re: » but desires that the fifteen ern States should first hold a Consultation on the subject. At Milledgeville, Ga., on Wednesday last, Mr. Stephens made @ great speech, taking strong conservative ground, which had been productive of a calmer tone of fecliog. The bills calling a Convention and appropriating $1,000,000 to arm and equip the State, had passed the Georgia Legislature. There were rumors in € ton yesterday that the President would use coercive measures to- wards South Carolina, but they only appeared to strengthen the desire for secession. The Hon. Mr. Bonham, member of Congress from South Carolina, bas resigned. In Vir- ginia, it is said, one of the “first acts of the Legislature would be to legalize a system of re. prisal towards any Northern State which shall refuse to surrender fugitive slaves to their owners. Agents from Alabama, Georgia aud Mississippi have been authorized to make purchase of large quantities of arms and ammunition, and all the Southern States evince a desire to place themselves in a position of defence. The steamship Vanderbilt, Capt. Lefevre, from Havre on the 7th and Southampton’on the 8th inst., arrived at this port yesterday afternoon, bringing four days later intelligence. The news of the victory of the Sardinians at Garigliano is confirmed. A large number of pri- soners and a considerable quantity of amraunition and stores came iato the hands of the victors. The vote in favor of ar ation was very heavy throvghout Sicily and Napl The fight tor the eham ip of England re sulted in favor of the Stal ¢ Tafant in a short battle of only five rounds. We give a full account elsewhere. By advices from Tampico, Mexico, to the 10th inst., received at New Orleans, we learn that $400,000 of the funds by the conducta, previous- Jy reported as robbed, had arrived at that place. The American Consul had claimed the money as the property of American citizens, but the other consignees demanded a portion. A re- port had reached Tampico that Guadalajara had finally been captured, and General Marquez shot. We have received @ communication from our Balt Lake correspondent, under date of the 26th ult., giving the details of affairs in and #out that place. The news is of no particularfpublic interest. The Mormons, under their leader, Brigham Young, lose no opportunity to delay and obstruct the fede- ral judges in the administration of justice to offend- ers. The new Judges ane no exceptions to the self-will of Brigham, and at the las accounts one of them, Judge Crosby, was subject to some annoyance in the issuance of a writ ordering a stay of proceedings in a case where the “chief Mormon’ wasan interested perty. The Mormons appear to have adopted the resolution of non-intercourse with the Gentiles who came with the army a year or two ago, and since the departure of that body they have been some what dependent on Mormon patronage; but since non-intercourse is the order of the day with the “Baints"” they have experienced rather bad lack, and are leaving the Territory as fast as their money and facilities will permi is has at le reached the pulpit. as Ap instance, yesterday evening the Rev. Mr. Sloane, of the Twenty-third street Third Reformed Presby- terian chureh, preached a most violent sermon againat the South and the institution of slavery, in which he declared that the hand of God was ia the present disunion movement, and urged the North to come out boldly and show itahand, The whole sermon was heavily tinctured with Garri- sonian sentiments. The church was densely crowded. | A public meeting in aid of the Ineh Society—an organization established in 118 for promoting the Beriptural education and religious instraction of the native Irish, chiefly through the medium of their own language—-was held last evening at St. George's church, Stuyvesant square, Rey. Dr. Tyng presiding. A numerous audience was in attendance. Dr. Tyng stated the object of the meeting, and in- troduced Rev. Mr. Gubbins, the agent of the society, who is making a tour of the United States to raise money for the cause. He gave @ detailed account of the operations of the society in the western portion of Ireland, and concluded with an app@nl to the liberality of his hearers, which was getferously responded to. ‘The same causes which influence! the movements in produce, previously noticed, continued without abatem sat on Saturday. The stringency is money and the depression in sterling bill tended to chesk the export demand for _ Doth cotton and breadstaffs, and to render prices irregu- Jar, Tho sales of the former embraced about 2,000 bales, ‘which closed at quotations given by different brokers for middling uplands, from 11\¢0. a 11}¢¢., the majority fa voring 11)(¢. @11}¢c. Flour was heavy, and closed at « Geoline of 106. & 160. per bbl. Wheai wae dail, and in She absence of purchases of momen for shipment prices wore in & measure nominal. The +mall sales made and the prices obtained were not reliable as standard quotations, Corn, with 0 fair domestic demand, stood ite ground better, Jwith a fair amount of saiee, including Western mixed at 690. & T0c., and 790. for round yellow, Sugars were unchanged, while the sales embraced about 600 bhde.; about 1,000 bhd#. with 8,000 bags, it waseaid, were re exported to London and other European ports, on Owners’ account, Coffee was quiet, and sues iimited to | O44 Dage Rio, inferior to good quality, at 10Ke a Lar. Froigh\e contioued Grm, wih & fair amount of ougago mous ) | over The Revolutionary Movement at the Seuth—Its Import, Dangers and True Remedy. The flag of independence has been hoisted at Charleston amid deafening shouts from all classes of people and salvos of artillery, and “the Star Spangled Banner” and “Hail Colum bia” are fast ceasing to awaken the sentiment of national pride in the hearts of our Southern brethren, bd Let no man in the North or in the South mis- take the deep import of the mighty movement that has been begun. It is not rebellion in the usual cense of that word. It is not a factions desire only to repeal certain distasteful or hated laws. Itis the throes of a whole society enter: ing upon the great struggle of self-preserva- tion, and its echoes will be felt in every civil- ized community in the world. Nearly a cen- tury ago the fallacy of the anti-slavery move- ment first began to be agitated in European communities, that know really nothing of the capacities and habits of the African race, or of the political and social exigencies of communi- ties where it inhabits in common with the white. Amid the bloody developement which the first French revolution exhibited tothe world, it prevailed over the counsels of practical ex- perience, and, at the mandate of the Amis des Noirs, in the National Assembly, the political and social fabric of the French colonies was overthrown. The interests of colonial society protested against the black wave of barbarism that was involving them in ruin, but they were weak, and had not the power to resist. The anti-slavery fallacy, supported by all the power of the French republic, triumphed over them, and St. Domingo has presented since that time a spectacle which has been a warning to the world. The superior intelligence of the white man has been driven from the island, so- ciety has degenerated into a congregation of the ignorant and inferior blacks, where the rite of marriage is unknown, and religion has lapsed from Christianity to fetish worship, Appalling as is the picture that St. Domingo Presents to the world, it was not enough to stay the march of the anti-slavery fallacy. This was taken up in England, and, seizing upon the conscience of the British people, it proceeded to effect a similar overthrow of the social fabric of the British West India colonies. Here, too, the colonial interest exerted every power to avert the destruction that was prepared for them. But it was in vain. The government declared that the conscience of England must be appeased, and accordingly her colonial interests were sacrificed at the dic- tates of the anti-slavery society. The political power of a government of white men has been retained over the Africanized West India colo- nies of England; but even with the support of all the power of Great Britain, the white race there has constantly diminished since the act of emancipation was passed, and society in Jamai- ca exhibits the advance of the eame degraded social ideas that prevail in St. Domingo. Mar- riage has fallen into disuse, and fetish worship, though strictly prohibited by law, and prose- cuted by the authorities, makes great advance among the liberated blacks. In both of these cases the destruction of the social organization has been due to its want of the power, not of the will, to resist the physical force that sup- ported the anti-slavery fallacy. Thirty years ago these theories began to be agitated in our Northern States. At firet they were rejected every where; but, addressing them- selves to the moral sense, they have gained ground continuously. Little by little they invaded the pulpit, then they got into the schools, and sought to bend the young mind of the rising generation to their bias, and finally they were able to take hold of political parties. The pages of our history mark their s:eady pro- gress. They were tolerated by oommunities that at first rejected them; then they divided the churches that had ‘roken the bread and taken the cup of the Lord's supper at the same communion table, and led Christian professors of the same church organization to denounce each other; then they ranged local parties in the Northern States, and carried many of these up to the point of violating the compact of our Union and nullifying the federal laws by State legislation; they invaded the domain of federal politics by claiming the right of introducing in Congress petitions for the abolition of slavery; then came the Wilmot Proviso, to exclude it from a eingle Territory; and now we have wit- neased the triumph in the Presidential Electoral College of a political party whose fundamental idea is that “slavery is an evil and a crime,” and which proclaims that it must be excluded from all the common Territories of our confede- ration. In these things every logical mind perceives the steady march of the same remorseless policy that overthrew the social edifice of the French and British West. India colonies. ‘This, then, is the import of the mighty movement that has begun in the South. A society numbering eight millions of whites and four millions of African slaves is entering upon the conflict for self preservation, and the vindi- | cation of the wisdom of the theories upon which it is organized. Like the old French and Bri- tish West India colonies in social construction, it is unlike them in the fact that it is not physi- cally weak. It posserses not only numerical strength of populaticn, but these participate in all the moral and material elements that con- stitute the intellectual and physical power of communities at the present day. Nay, more: in the great staple product of its agricuttural labor, cotton, it possesses one of the greatest elements of wages in the free communities of the earth. Even a short delay in ite transmis- sion will throw some of the most powerful na- tions of the earth off their social balance; and its loss through the destruction of Southern so- clety, as sugar has been lost in St. Domingo and Jamaica by their social ruin, would in- | Volve them in revolution. The South, then, in turning upon the hydra of anti-slavery that is seeking to crush it, is beginning a great battle in behalf of the material interesta of society everywhere, which will rouse the intellect and shake the foundations of civilized society all the world. In this struggle there are objects which should be the common aim of all right minded and patriotic men, both Northand South. Firat among these is the pretervation of the rights of the South within the glorious Union, which our fathers founded in wiedcm, with vast sacrifices of blood and treasure. If the South is forced to seek out of the Union that safety for its eociety which all admit to be requisite for it, then the great experiment will have failed be- fore the world of demonstrating that the right of self-government is compatible with all the | bearing Sve per cent interest. Since then sales iateveste of bumag goglety, aad thai golf; @he Crisis in-Oar National Affairs--How It May be Averted. ‘There is no longer any real or pretended in- governed States, having different social orgaai- vations, can live in political brotherhood The f.i/ore of this demonstration is involved in the breaking up, even in peace, of the American Union, and it will carry with it the failure of the free born hopea cf man everywhere. Next in order comes the neceeaity, if the Union must, be dissolved, that it be dissolved ia peace. A union of sovereign and equal States, held together by force of arms, is an anomaly that we cannot call into existence The immediate Object, therefore, which all men should strive for, both North and South, is a National Cou- vention of all the States, to take into conside- ration existing evils and dangers, and to com: bine and propose to the whole people the ne- ceseary remedies. the Soutbern States arising out of the election of Mr. Lincola to the Presidency. In South Caro. lina federal authority stands now but the she- dow of aname. The forts, the Custom House and the Post Offices are still held, to be sure, in the name of the general government; but beyond these there is no recognition of its au- thority. The populace of Charleston have, with a singular unanimity, declared against any further continuance in the Union, and have in. @ugurated the new movement by substituting the palmetto fisg for the etars and atripes, All that is wanted for the final consummation of the secession programme is the formal act of the State Convention, which is to assemble on the 17th of December, and possibly the ratif- cation of euch act by the people at the ballot box. And no one who has observed the course of things in South Carolina: for the last fort- night cap reasonably entertain the idea that there will be any difficulty or delay either on the part of the Convention or of the people. Other Southern States, aa for instance Georgia, Alabama, Mississippi and Florida, are ready to follow where South Carolina may lead. There may be still a strong conservative element in those States which would restrain them from precipitate action; bat the first attempt to coerce South Carolina into submission to the fe- deral government would have the effect of neu- tralizing that element of conservatism, and of placing those States alongside of her in her struggles against the federal power. There is, therefore, no blinking the startling fact that the nation stands, this day, in a posi- tion of the most appalling danger. We have been much in the habit of boasting that the American people were the first to give to the world the glorious example of a free popular government; but what cause for boasting will we have if we should now he forced into the humiliating confeesion that, after all, the govern- ment which our fathers framed with so much wisdom and through so many sacrifices was not capable of existing longer than the ordinary lifetime of aman? Present indications are that we sball have to undergo that humiliation, and to confess that our principle of government, while beautiful in theory, was impossible in practice. And such mortification is by no means the worst that we will have to suffer. A breaking up of this confederacy, under such unfriendly feelings as now exist between North and South, would inevitably beget hostilities between the two sections; and upon the Northern hemis- phere of this continent would be repeated, in a still more aggravated form, the scenes of civil war which have so long desolated and drenched with blood the cities and savannabs of South America. Our trade bas already begun to feel the direful effects of this insane agitation, The wheels of commerce are blocked; indus- try languishes; manufactories are on the verge of being closed; merchants realize that hope less bankruptcy is staring them in the face; the banks are securing themselves against the gene- ral paralysis that menaces all commercial ope- rations; the securities of the general and State governments have already sustained a large depreciation; and as for railroad and other stocks, they are affected as they were by the panic of 1857. And, in the name of common sense, to what are all these evils, present and prospective, to be attributed? Have the people of the United States been afificted with madness, that they should thus combine to destroy the government which their wiser and more patriotic fathers es- tablished? Are the peace and progress and Prosperity of the nation to be ruthlessly sacri- ficed at the bidding, and to satisfy the ambition, of political demagogues North and South? We trust not. If this is a popular government, let the voice of the people, and not that of con- temptible brawlers, be heard. The people can themselves settle any difficulty that may exist. Let them but eee clearly what that difficulty is, and they will know how to remedy it. The whole trouble is about this miserable ne- gro question. The South demands, first, that the commen territories of the Union sball be free as well to the slaveholders as to the nonslaveholders. Well, there is nothing inequitable in that, although it is an unsubstantial idea, and all fair minded men at the North will readily aseent to it as an abstract question of right. Again, the South claims thet the fugitive slaves which escape from her borders into the free States shall on demand be delivered up. Is that an inadmis- sible claim? No; common justice sustains it, and the constitution of the United States pro- vides for it. Why should there be any difficulty about it? Because the negro question has been too long made the sbuttlecock of politicians North and South; and while the one set has been striving to obtain for it more advantages than perhaps it was fairly entitled to, the other eet bas been depriving it of those rights which bad been hitherto unquestioned. The politi- cians bave bad it all their own way, and hence the present critical condition of the country. Of one thing the South is justified in com- plaining; and that is, that instead of the North- em States cheerfully and faithfully carrying out the constitutional provision for the return of fugitive slaves, many of them have passed lawe, not only nullifying that provision of the constitution and the Congressional enactment paseed in accordance with it, but making it a penal offence on the part of their citizens to at- tempt to enforce the federal law in that regard. Among euch States we can enumerate Maine, Connecticut, Rhode Island, New Hampshire, Penneylvania, Michigan, Wisconsin, Massachu- setts, Vermont and own. All of those, except- ing Rhode Island and New Hampshire, impose fines varying from $1,000 to $5,000, and im- prisonment from three months to fifteen years, on those officers or Citizens who sball aid in enforcing the Fugitive Slave law. In Maine, Rhode Island, Vermont, Michigan and Massackgisetta, the use of the State jails for the detention of arrested fugitives is forbidden. Other Stater, viz : Maine, Wisconsin, Vermont, Penneylvania, Massachusetts and Michigan, pro- vide legal defence for the fugitives. Maine, New Hompshire and Vermont declare the slave free if brought into the State by his master, and New Hompebire declares bim absolutely free. Is not all this legislation unfair towards the South- ern States, and is it not well calculated to sow Aiscord and cherish hostility between the two sec- | tiopt of the Union? It is just euch acts as these bat have produced the present condition of things im the country. ‘“ What, then, is the simple and natural remedy? Tux Fmsr Faorre or run Japanese Misston.— Preceding the arrival of the Japanese Ambassa- dore in this country came 4 Japanese steamer— the Candinmarruh—to San Francisco, piloted by American seamen—the first time that a ves- se] of that empire had entered an American port. This waa the begianizg of friendly rela- tions with an Oriextal nation hitherto governed by the most exclusive policy towards foreign countries. The mission of the Ambassadors fol- lowed, with what good result remains yet to be fully developed; but we see the first fruits of the opening of friend!y relations with Japan in the good feeling manifeeted by the goverament and people there towards us, on the return of the Candinmarruh to Jeddo. The late de spatcbes of Mr. Harris to the State Department put us in poseession of the fact that the Tycoon sent some of bis highest officers to our Minister to thank the suthorities and citizens of San Francisco for the manner in which the steamer was received there, and to express the kindliest feelings towards this country. We can seadHy imagine that these eentiments of good will will be increased tenfold when the Embassy returns with its account of the grand receptions it met with all through the country, and all the Princes saw here. The statements of the officers of the Candinmarrub, it appears, created quite a revolution of opinion in the minds of those opposed to the treaty, and we have no doubt that the report of the Ambassa- dors will demolish almost entirely every shadow of opposition to the commercial relations pro- posed between the two countries. Mr. Harris argues, from the fact that the Japanese sailed the steamer home alone—the first time the Paci- fic was ever navigated by Asiatics—that the Japanese are a progressive people, highly sus- ceptible of improvement. We think everything in their history goes to prove this, and no- thing, perhaps, more than the observation, the interest, and the desire to acquire information, displayed by the Ambassadors and their suite while in the United States. In view of the friendly feeling generated by the report of the Japanese officers, and the information which the Ambassadors are bearing home with them, we may look forward to the prospect of culti- vating a profitable trade ere long with Japan, and developing by means of American com- merce the dormant enterprise of that curious people. We only hope that the course of events in this country will be so happily and wisely directed through the present crisis as to leave an undivided and prosperous nation to avail iteelf of the advantages of Oriental com- merce. Tae Disunton Question—MOVEMENTS OF THE Sourmens Stxtes—The Legislature of South Carolina adjourned the other day, after having provided for the election of a State Convention in December, and for the meeting thereof on the 17th of the same month, to determine whether the State shall or shall not se- cede at once from the Union. That the alternative of secession will be adopted by the Convention, and before Christmas, there appears to be mot a shadow of doubt. Alabama has also provided for the election of a State Convention in December, to meet on the 7th of January; and with the enthu- siastic nomination of William L. Yancey as the leading delegate from the Montgomery district, we may guess the drift of Alabama. A special session of the Legislature of Mississippi has been called, the day of meeting being the 26th instant. A special session of the Virginia Le gislature will assemble on the 7th of January. ‘The regular meeting of the North Carolina Le- gislature takes place to-day (the 19th of Novem- ber). That of Florida, we believe, aleo meets this month. The Legislatures of Georgia and Arkansas are now in eeseion. Thus, it will be seen, from the meetings and appointed meetings of this schedule of Southern Legislatures and Conventions, we shall have the means of knowing the policy of the bulk of the Southern States before the inauguration of our next President. That the day of his inaugura- tion will be marked by the dissolution of the Union there is every reason in the world to fear; but still the action of South Carolina and the other States immediately co-operating with her in behalf of secession may embrace certain conditions or propositions to the general govern- ment that may possibly save the Union. In ad- vance of the Sonth Carolina Convention, Con- gress will reassemble (first Monday in Decem- ber), and we anticipate in the annual message of Mr. Buchanan euch svggestions in behalf of conciliation and Union as it will be well for Congress to act upon at once. In view of the rapidly increasing flames of this Southern con- federacy excitement among all classes and parties of the people of the South, the ques tion of Union or disunion will be the first and last question for tbe consideration of this last session of the present Congress. Tar New Treascry Loay.—The new Trea- sury loan of ten millions, which was bid for, was to be paid up on the 22d inst; but owing to the stringency of the money market, and the immenee drain such a payment would make on epecie in these perilous times, it was found impossible to pay wp more than about four or Gve millions, leaving some six or seven millions still due. In view of this fact, and the general disturbed etate of affairs, Mr. Cobb bas decided to extend the time thirty days to all euch bidders ag shall have paid up one- half their offers up to the 22d inst, ae will be seen by the following despatch received at the Sub-Treasury :— IMPORTANT DESPATCH PROM THE SECRETARY OF THE TREASURY. Wasniscton, DO, Nov. 17, 1860. Joan J. Craco, Aeaistant Treasurer United States — Such Dicders for the foan aa on or before the 22d inst, shal| have paid op one balf of their oilers, I have decided other balf, to allow thirty cays from that date to Inform such bidders as may aek exter me. HOWELL Goes, Secrotary of the Treasury. Some of the bids were made at 100 and 101, Of United States Aves baye been made at 97, - ONDAY, NOVEMBER 19, 1860, Every fair minded man will auewet: Let the States that have passed these hostile enactments repeal them, or at least modify them, so as to guard the rights of the slave owner in pursuit oredality as to the action of some, at least, of) of his fugitive. Their Legislatures will be in eession next January—all save those of Connec- tiout and Rhode Island, which meet in May; of New Hampshire, which meets in June, and of Vermont, which does not meet till October. It is but right and proper that among the earliest measures for consideration should be the pro- porals to repeal those obnoxious laws. We hope this will be done. It will remove the pre- text which Southern States have for secession, and will be io itself a pure act of justice. After this, a great National Convention can be held, in which all questions can be discussed and placed upon ao fair and friendly basis, Let, then, the people of those Northern States dictate this fair and just course to their Legis- laturee; and, in the meantime, let the people of the Southern States reatrain themselves till their Legislatures meet. This is a fair, simple, common sense mode of alleying irritation, and of preventing that disor- ganization of the confederacy which would be the key-note to social, commercial and political evils of which no one has now any adequate conception. We have no statesmen now to steer the ship of state on the stormy sea on which she is afloat. Instead of statesmen we have mere ranting political demagogues. It is for the people themselves to act, and for the independent press to point out the course of safety. Mr. Lixcoin on His Dicnrry.—In 8 despatch from Springfield, Llinois, dated the 17th inst., we are told that Mr. Lincoln remarked to-day to a visiter, in regard to an expected publio definition of his policy in advance of his inau- gural, as follows:—*“ During the last six years I have placed my views on all public questions so fully and frequently on record, that all those de- siring can learn them by simply referring to it. If my past assertions obtain no credit, present ones will be treated no better.” How does Mr. Lincoln know this? Has he ever promulgated his views béfore as President elect of the United States? Are not allhis opinions upon record the mere opinions of a local politician, striking at no higher object than the election of a United States Senator by an Illinois Legislature? Standing upon the verge of the revolution of this glorious confederacy, in consequence of Mr. Lincoln’s election as the Presidential candidate of an anti-slavery party, is this a time for Mr. Lincoln to stand upon his dignity and to speak, for fear that he may not be believed? Come, come, “ Honest Abe Lincoln,” this is not a time for ceremony or equivocation. Speak out. The South will listen. Speak the truth that is in you, and your opinions will be respected. Speak out for the Union, and you will be heard. Tur Paste ww Watt Street—A Few More Fravres ror Saerurnp Kwarr & Co.—After the first tumble down in stocks, three or four weeks ago, the wiseacres of the black republi- can press predicted that it would ge no fur- ther—that there would be no panic, and that all the good stocks would come up in a few Gays. We beg to call the attention of these prophets to the subjoined table, showing the decline in the principal stocks since Octo- ber 10:— ‘ Stocks. Oct.10. Nov.17. Decline. Missouris. .. +» 87 69 17, 75 lb 80 10: 70 1 109 Lb 26 124 33 it 43 155 u 7 61 21 58 ve 26 20 57 26 43 20 29 7 5 Pacific Mail... . ™ 13 Some people may keve impudence enough to say in the face of theve figures that there is no panic now—no finsncial revulsion to come. Theee false prophets, blind leaders, and people who are governed by them, will speedily find themselves ia the ditch. Tar “Marsem.ass” at Caantestox.—The popular inauguration of the revolution of an independent Southern republic at Charleston on Saturday last, according to the graphic report of the proceedings on the oc2asion which we published yesterday, must convince the most incredulous Northern mind that South Carolina is going out of the Union. All the popular monifestations attending the elevation of the Palmetto banner strongly remind us of the re- volutionary expressions and symbols of the people of Boston in advance of the Declaration of Independence of 1776. We note a difference, however, in the favorite plece of music on that occasion and on this. At Boston the tune was “ Yankee Doodle,” or some other local simplicity adapted to the fife and drum ; at Charleston it is the more elaborate aod ter- rific revolutionary “Marseillaise.” Our Charles- ton despatch eays that “the Washington artil- lery paraded and fired one hundred guns as the flag (Palmetto) went up;” that “ bells were rung and the band played the ‘ Marseiliaise Hymon;’ ” that “this fired up the French element of our population,” and that “after the ‘Marseil laise,’ the band played the ‘ Miserere,’ from ‘The Trovatore,’ as the funeral dirge for the Union.” Does not all this portend an impending revo- lution, the threatened evil consequences of which can only be averted by a comprehensive revision of the fundamental charter of the fede ral goverr ment for the protection of the South. In view, too, of this peace and Union alterna tive of a revision of the federal constitution, bas not the time arrived for the people of the imperial city of New York to speak to their brethren at Charleston in behalf of patience yet a little longer ® Tar Caxantan Press on Tue Paesinevrtat Exzectiox.—We perceive that the Canadisa newspapers take a great deal of interest in the late election and the secession movement in the South. From the fact that every one of them is devoting leading editorials to the subject, we infer that there is almost as much interest felt in Canada on that question as there is here. ‘The tone of the Canada papers generally is fa- vorable to Lincoln's election, but they do not Gieguise the feeling that, should that event re- ult in a dissolution of the Union, it would be a very Giaastrous affair. They are skeptical, how- ever, like many people at the North, as to the real intentions of the South, and do not believe that seceesion is meant by the demonstrations of the cotton States; but when the accounts from these qnartere of the last few days form the subjeqy of comment, they may change their views apon this matter. Oor Pournca Partres or Two We Aco—Wuere Ans Tuzy Now!—Two go we had four Presidentist parties the field—a Northern republican party, Northern democratic party, a Southern den cretic party, and 9 conservative natiog Uniow party. But where are these parti now? The republican party have triumph in the overwhelming election of their Preside tial ticket, and with this result thé th other parties’ of the canvass are ‘dispersed practically diebanded. Lincoln's election h merged all parties in the South under tl paramount idea cf Southern safety without, not within the Union. The distinotions bet the supporters of Breckinridge, Bell and Dou lag in the South have suddenly disapp and the vote of this, that or the other Southeq State for Breckinridge, Bell or Dongias ceased to be of the slightest practical Lincoln’s election has abolished and do away with the Breckinridge, Bell and Doug parties, and has created two new parties throug out the Southern States—a partyin favor of cession and a Southern confederacy, aud a in favor of another and a comprehensive effo to secure the rights and the safety of the Soutl ern States within the Union.- The party are carrying everything before them the “ cotton States,” and the Union party, ooo pying the Northern border slave States, “perplexed in the extreme” as to the movemen| and measures they can bring to bear to preve their Southern brethren from “ precipitati the cotton States into a revolution.” It is pro bable, too, from’ present appearances, Maryland, Virginia, Kentucky and Tenne wili find themselves unable to arrest the “co ton States,” but will soon be compelled, if to join them, to sustain them in the overt act o the dissolution of the Union. © In this crieis, then, of general apprekensio that the days of this Union are fast drawing a close, and that Lincoin’s inauguration bring them to an end, what becomes of this maining party of the late Presidential can this domineering, boastful and overwhelm anti-slavery republican party of the North What is it worth in view of the future? Can if survive this shock of the dissolution of great confederacy? or will it not rather b shaken into ruins by the general earthquake ? These momentous questions cannot be oo prehended in the brief limits of a net article. A great revolution is upon us, invol ing the reconstruction of the fundamental lat of the whole confederacy—the federal consti tion—for the security of the South, or the sion of the “cotton States” to begin with, their organization into an independent Sout confederacy. Before this etupendous issue of reconstruction or dissolution of the Union i this proud and boastful anti-slavery republic party must take a new shape, or be ground t powder ere the woods shall have again cast o their summer livery. Mere parties organ and moving for the spoils and plunder are the dust in the scales of a political revolutio Tar New Mecca or Tux Nortu.—It is curi to notice how suddenly the little town Springfield, away off in [inois, has sprung iat} importance. Within the last few months it become historic, since the decision of the C! cago Convention; but since the result of election was known, it has grown to be Mecca of the North.’ Washington is nowh now. The leading telegraphic despatches the newspapers hall from the home of Old Al the railsplitter, and not from the federal capite Before last June no one cared anything aboy Springfield, or Abrabam Lincoln either. No! one is about as famous as the other. Veril, there is no god but the nigger, and “ Old Abe! is his prophet! EWS FROM THE NATIONAL CAPITAL. from our Minister to Ch: ‘Virtual Termination ef the War. ‘ Wasmnortos, Nov. 18, 1860. ADVICES FROM CHINA. Despatched baye been received ai the Departmoat Sate from Minister Ward, with dates from Shanghse September 6. He states that the war is considered vi tually atanend. After the Allies bed taken the forte Ghimese at once surrendered, Lord Eigin and Gros bad been invited to Tien-tein to settle the torms peace, and from information which be had just rece! from the Tien tain it was expected the ambassadors wou| get thelr matters settled in the course of-« few ‘and that the troops under Admira! Hope would be to returm to India immediately, The termination of ‘war, It was believed, would have a most cxoolleat effe ‘upon commerce. ‘The peaceful policy pursued by our government to Qiine would apdoubtedly prove beveficial to our iat for in all the communications which have pawed bet: myself and the Chinese, says Mr. Ward, they ont (he most friendly feeling for the United States. government being desirous of obtaining all the Mon possible, and of learning the exact condition affairs at the Severs) ports of that empire, commercial ‘well as otherwise, Minister Ward will visit the opes before bis return to the United States. The S as been detatied by ‘lag officer Stribling for that THR PANAMA RAILROAD AND THM CHTRIQET PROSROT. ‘The rival interests of the Pavama Railroad Company ai| the Obirigut project are likely to oooupy attention at ti coming femion of Congress. Some rich developemen| are shortly expected in regard to the operations of former. The Presidential Kiection. VIRGINIA. Rictworn, Nov, 18, ‘The Dispaich bar revuros ( Kiving Bett 85 majority , aed from tw cial, giving Pell B meMrity. The rema: | gave Goggin TO maj rity The ladieatious wre thas hag carries the Staw ny over 900 majort’y 1 ome ad © Unemase, Now IT, 1860 ‘The schooner Red Fox, trom Tampico 10th thet, errived $100 000 of the seired Mexican conducta, acrived ‘Tampico on the Let, fe charge of the Brisien Coowal. TY American Ovnan! el that the money saved belongs Ube esber consignees caim ap America eitizens, rata portion The steamor Pawnee was at Tamp!so attending wt matter. The pesage wise 50 sep it Dut failed report fampico that G uc ag a ret at aR a er and shot. j ———_ Steamer Tecemech Sunk. Apoiber the rnirance of the canal, aad will probabiy obetr Dav igation for eeverni days ai Fatal Accifemt at All g Obristopber Rody, a youog man, was Fr over by the care near ine depot leat night and » fatally injured, He a era wo day. Cotton very dull quotations cannot be citatng ‘a "wt ‘tos. ciiming at $5 for ul Havre, 1c. Exobange os London, 108 © W3h, ( witts bille of Iading Ce ton. ‘Bight exchange r b deo’ \ Now York, \ por cea! ER Cotton—Salen to-day 4,000 bales, st 106 mar oloere © a on New York, par wag change at ‘bom nae ‘ Araowts, Noy. 11, 190 ‘The banks now say thoy purchase New York sight