The New York Herald Newspaper, November 21, 1860, Page 1

WHOLE NO. 8840. IMPORTANT FROM THE SOUTH. Tbreatened Ruptore of Mr. Bu- chanan’s Cabinet. Phe Position of the President and His Advisers om ihe Sreession Question. feapensien of Specie Payments by the Virginia Banks. Probable Suspension of the Charleston Banks. What the Wide Awakes May Expect if Attend Lincoln's tion, ms Tnangugat i" ae. MOGHLY IMPORTANT FROM WASHINGTON. Waamneton, Nov. 20, 1860. ‘Me discusetons of the question that ts now agitating whe ‘whole country, and the position which the Presideat shall take regarding it in bis forthcoming meseage, bas brought te Cabinet to we verge of a break up, and 1t may end in ‘that before the fret Monday in December, when Congress wil) meet. ‘Tho President inaiste that the constitution of the Uxited Grates cotabiishes a covernment, and be, as the sworn ead and executive thereof, most and will insist upon the execution of the federal laws; that the idea of peaceable scoeesion by any State te a fallacy which be cen not recognise, and must resist to tho full extent of Bie power, In this view be is supported by Cass, Biack, ‘Boocey and Holt. @ the ciber hand, the Southern members of the @ubine*—Fioyd, Cobb and Thompeom—bold that the eonetitution if merely a compact, which may be broken et any moment by « single State, waich may wish to retire from the confederacy, by declaring ‘te wish to do ee, and that Ineo doing they should not be molerted by ‘the federa) government. ‘That portion of ihe mecssge treating of this qcestion of nevention Je ati? coder discussion, which wil) continue ‘wwtil o conspromige is found or the Cabinet breaks tp ina yew. You 6am rely upon these facts, and that the e<p!uistreicn acrieig, Wasmrsoron, Nov. 20, 1860. ‘Wwe Cabinet bad a protracted session to-dey, and it is wmderstood that the President, having completed bis Moe- oage, it wae read at length to his Cabinet. It i very Jengtby. He discusece elaborately the questions at issce ‘Detweon the North and the douth, especially secession. ‘What porition he sssames in regard to thie maticr ] am ‘Bot af present at iiberty to disclose. Wasinxoros, Nov, 20, 1860, smo0ng the enemies of the Union move are more mis- @@ievous than ‘hose journsliste who sneer at or make Mbt of the movements in the slayoholding States, Thore- fore it i@ tbs! } have taken pains to cull from rejisble @ourcer the facta s# they reach here, authenticated by men who baye no interest !v exaggeraticg them, and are edove the eugpicion of misropresentation. 16 is not denied that, even in the cotton Stater, there are very many portone devoted sinserely to the federal Union; but these have unfortunately been forced to ‘the conviction that the North never will cease from their aggressions, and (bat ae separation mart come ec wer or Inter for the safety and honor of the South, now is ae fa Yorable ® time to consummate it af they can expoct ‘The real or affected doubters may now be aseared that @ieanlon is #teadily coptempiated by mary cavtious and carefo! obecrvere bere from the South ar not only prob Die, but se the cortain result of the present troubles. ‘They are willing, ay, anxious, for « general Oonvention, ani for calmly laying before tho Northern Legitiatures their grievances and their caims of repealing the obnoxious iegisiation ‘G> injorious to Southern rights. Bot they entertain no ope that the conservative men of the repubiican States ‘will have iailuence enough to procure a repeal of those ebnozious lawe, aud there can b« litte doubt tha, upon a refusal of so reagonable a demand, the sent! ment for se Ceasion will be strrmg aod geveral, even in the border BiaveboHing “tates, Now, anticipating that obetinate re- fsa) oc ihe part of the republican States, the seceseion fete think there is ~o use in shutting their eyee to the in- evitable isvec, They calculate that Delaware and Mary- imnd, on this side of the Potomac, wil! go with the South, end Washington will be the seat of government of the mew Southern confederacy. They look to peaceable cepa- vation, broug>t about by regular compact, and om mu- toally equitale comditions, with the general government. A Gistinguiabe:! Southron happily quoted the famous remark of the Spanish Ambassador to the Duc de Broglie, “We shal! Bave the ordisance withoct emeuic, & un coup @dat, sana revolution.” The ory through the North, erefhre, ovght forthwith to be, “Repeal of all laws bostile to the South.’” ‘South Caroiima wil! make no declaration of ‘ntependense ke that which baa been published, nor any other, bat an obdinance withdraw ing from the Union. ‘The President's Message 's ready, and © fair copy has Deen made, bot {t may be modified by occurrences be. tween this time ard the opening of Congrees. IMPORTANT FROM VIRGINIA. Rucewonp, Nov. 20, 1960. ‘The wisdom of the course of Governor Letcher, in not ealling ibe Legislature together before the 7ih of January, te freely admitted, even by many who were most clamor- oun for an carly meeting of that body. The progress of the secession feeling is rapid enough without giving to It the impclse of an imprompto call for an extra session of ‘the Legisiatore. If the Governor yielded to the pressing requeste for am carly assombiing of that body mado by pobdlic meetings under excitement, the ssoss wion fecling would have obtained an ‘intensity which would ‘neapacitate Virginie from a cool and deliberate discbarge of the fonctions of mediator which she pro- poses to aemume it @ poesible that, in the comparatively Jong interval between this and the meefing of the Legis. tatare, the excitement may abate somewhat, and give place to calm and dol!berste connscls. In this view of ‘the matter, I regard the policy of Governor Letcher in xing thie late perio! for tbe assomb! ing of the Legislature a8 wise and judicious. Gousiderabdie gurprise is expressed nere at the great im the State bonds of Virginia, whien the Peporte from the New York Stock Exchange rece!ved here on Saterday and yesterday havo exbibited. No or enterprise are more secure ‘Virrinia, She hae « sinking fond in ro- to ment every obligation as it becomes due, and \#, ‘moreover, prepared to pay punctoally the interest upon ber bonds, ae well a discharge every dollar of ‘losting debt which #he has evatracted. The panic that can aifect | Ade'e” imenguretion, mai" |} wae emrounosd that thie ‘Woe Aware organ'reiion wool’ nerd = They thew de. cided to go, and brook the torture of ibie mangara) cle, 9 order, if necessary, to give the adherente of Abe a foretaste of what they shall recetve at the bande of ihe chivalrous sone of the South, should @ sections! war cusue, My opinion is that it will be far more consistent with the comforte and personal safety of the Wide Awakes toremain at their respestive homer on the occasion, than appear ‘a Washington and witness Old Abe take an oath, the bind- ing force of which be is understood in the South to bold subordinate to the “higher iaw;” or, if they abould visit ‘the capital, they would do well to avoid any insolent manifestations or even organized prosessions. A collision scob as | refer to would precipitate a revolution beyond the power of man to avert, An effort will be made to infusnoe the Virginia Logisia- ture to pags a law requiring every individual coming hese from New Bugiand, with a view to reside, to serve § pro- dation of fourteen years before he is invested with the right of citizenship. AMr, James Brislin, of Pennsylvania, hae written t> Governor Leteher on the existing state of aflairs in the South. He repels the idee of the right of recession, and expresses @ belief that iteecession is to take place at any time, the present! the most favorable. There are, he esye, twenty-cight moliiions ef men at the North who never will permit the South to sesede, He instances, by way of ‘lluetrating the absurdity of the right of secession, the case of Texas, which cost the country several millions, and ake if she should be permitted to go out after entailing such heavy expense upon the Union, and then esys that Cuba would have a right to go out upon the same principle after she thould have been purchased at a cost of two hundred millions of dollars. Governer Letcher’s reply isa very able document. It reviews the existing state of the country with much force and clearness, and suggeste =«thet before any responsibility should be thrown upop the South for the present State of things, the Northern people should first look to the terrible provocation which they have given. He re- fere to the nullification laws, and the necessity of their repeal to eiloct a settioment of the pending dificuities. The Farmer's Bank ‘n this city suspended specie pay- | | Other counties have called meetings on the same subject, ment to day, This course was deemed necessary in view of the immense range ef circulation which this bank commands through its sumerous branches im every quarter of the State. The rueb apon them !o a few daye, under the intluonce of the prevailing panic, would be very arcs’, and to meet this their discount !ine should be con- tracted to @ point which would materially ailect the mer- cantile intercsts of tho State, It e reported this evening that the Bank of Virginia snd Exchange Bank wil) suspend to morrow. The mer- chante do not regret this course, as it will load to an ox- pansion of the discount line, and make circulation easy. This will moro than counterbalance for the high rates of premium on Northerp exchango, which the suspension will create. T heard one of the moet prominent statesmen iz the Union, aaative of Virginia, remark to-day, that in case the cotton States seceded he wonld favor a soparate Union, to bo comporod of the States of Virginia, North Carolina, Tennesree, Kentucky and Missouri, Ho ex- preseed the belief that Ponneylyauia, Delawarc, New Jereey, and New York perbaps, and most of tho Contral | and Northwestern States would joint. From bis conver- | ‘sation | (nferred that he would eivocate such policy if the cotton States seceded. South Carolina money is esteemed good here. lia de- preciation ‘2 owing to the immense qcartily o° !t poured tm upon the brokers. ‘A meeting was held in Cloucester county on Saturday ast, at which resolatious were adopted declaring the adoptioa of the black republican principles by the North, ae man!- feated by the clection of Lincoln, an act of troason against the spirit of the constitution; declaring the South, by reagon of this revolutionary course, absolved from all ‘enc dmlike ihey Lave promoted it; instead of caveee of dispute they have wake of power and office. In Baye pandered vw the passione of the people as home, keeping each section ignorant of the patriotic, conservative, catholic feelings of the other, until mutually «xasperated by the incendiary and disor- ganicing representations of bungry office seekers, both sections find themeelves engaged ia a flerce coutroversy, which they bad no hand in bringing on. A large meeting ‘2 Hancock county on Saturday adopted unan!mosly firm conservative resolutions, deny- ing that the mere election of Lincoln was cause for dis- union; bu: delarizg the unfriendly legislation of many of the free States an outrage on the comity of the Union demanding resistance. A mejority of the counties in the Sta'e have held meetings in favor of secession; many, however, were strongly conservative, while some were in favor of re- tallatory legislation, but all favor a State Convention, ‘and a!) cppose coercion of he seceding States. A meeting in Bryan county deciared that no Northern faherman or hunter abould hereafter operate in their sec: Mon, snd that thole at present hunting and fishing be no- tiled to leave. The conservative sentiment of the Sou'b appears to be dim, ve cd at ihe unceasing sectional wrangles, and consi. ders that the Northern States should promptly convene ‘their{ Leg ie!’ ures and repeal their unfriendly laws, and urg’ &® ccnveation of all the States to make a prompt aad ‘an lech Sor: to preserve the Union and country from bank- rop'oy, emarcby and rein. SECESSION MOVEMENTS IN NORTH CARO- LINA. Prrerancro, Va., Nov. 20, 1860, The Nor. Caroline Legislature organized yesterday. W. T. Dortch, of Wayne county, was elected Speaker of the House, and H. 1. Clarke, of Edgecombe, Speaker, of the Senate, There was no excitement. Waaenorom, N. C., Noy. 20, 1860. Alarge meeting was held here last night, at which @irong secession resolutions were unanimously adopted, Acorreof Minute Men is rapidly forming, and there is but ore party here now. RUMORED EXPULSION OF TWENTY-THREE PERSONS FROM GEORGIA, The following statement, in connection with the arrival of the steamer Acgutta from Savannab yesterday morn- jog, ¥ @: Current im the city during the day, but Messrs. Mitebill & Son, the owners of tbe lime to which the steamer belongs, declare |} without the slightest foaada- tion — The st ameb!p Augusta, ‘rom Savannab, which arrived thie morning, brings beck to this port about twenty # cerage; re who were refused @ residence by the autborits—thoy are mecbanica and laborers; also, taree cabin passengers, who were advised to leave, The following is the letter of Messrs. Mitchill & Son, deny ing the troth of the above paragraph — < 30388 LOR OO TER ENRAED. si) paladaamt SAML, 1. MITCHILL & SON. Mer srs, Mivcbil) & Son also state that one of the pas- 2 ogee by the Alabama, which arrived at this porta @uort time since, bad been requeste', ou account of 8 ce ot noxious oplotons be entertained, to leave Augue ta, the city in which be was residing. He was accom- panied to the cara by the Mayor of that city, sai took pasecze for New York as above tated. Further than this, the Mesere. Mitchi!] know of nocate similar to the one mnt ioned in ibe report, which also states that the | pumber of steerage paevengere so compelled to retarn obligation to the federal cometitution, and the govern. | ment estab)ished under |t: endorsing the action of South Corolina, and expretsing 8 ooryiction tha! |t wae the dnty of Virginia to unite with her sister States of the South, to which end it was politic that the Gorerpor should con- vene tho Legisisture at once. There is no truth in the romors that Virginia hee gone for Be!!. Tae last returne recetved piace Breckinridge ahead, and the opinion Is expressod by those in receipt of the official returns that he wil! carry the State, Nothing ‘but the official vote will deoids the contest. Mr. Thos. It. Price, a wealthy merchant of this city, who was referred to a few days ago in s telegraphic de. spatch to a Now York paper as one of a series of merchanta who discharged olerks from his es- tabliebment, applied to Judge Lyons, of the Host. (ngt Court, yesterday, to ascertain by what form of procedure, correspondents of Nortbern papers could be made amenable to prosecution for I!bel. The Judge informed him that he should geek redress for such of- fence in the Superior Court. A more mischievous, gra tultoas, unfounded statement than that which led to this \pjory was never made. The merchante whore Dames were mentioned im that despatch hare beon justly very much excited. Hundreds of others shared iu the deat was freely talked of. THE MINUTE MEN OF NORFOLK. Norvoux, Nov. 20, 1860, A large number of Minute Mon of Norfolk serenaded at was twenty, whereas the actual number of uch panseu- gere was only leven. IMPORTANT FRM MEXICO. Resignation of 1! mon—Kobles Ele vated to the Presid New Ontmane, ‘The steamship star of the West bas arrived bere, with Havana dates of the 16th inst. The stock of sugar was being rapidly reduced. Sales Of No. 124.909 reais. Fxrobarge on London 13 « 13)4 per cont premium. Fxcbange on New York 2a 334 per cout premium. The steamer [.s Catolica arrived at Havana on the 13ib inet., with Vera Crox dates of the Sth inet. Mr. Lindsay, Member of the British Par- Mament, Before the Chamber of Com- merce—Intermational Law fer the Regu- iasion of Trade—Views of the President and Cabinet, Lord Lyoms ane Mr. Lind- say, de. ‘An interview of a very interesting and Lighty ‘wport- ‘ant character took piace yesterday be ween Mr. Wm. 5. Lindsay, M. P., and the Executive Committee o/ the Cham- ber of Commerce. Peletiah Perit presided over the meet. img, and the British Consul and many prominen: mer- chante o/ the city attended. ‘Mr, Livpasy informed the committee that he arrived in the country about two months ago, since which time he has visited the principal cities of the Uuiled States and Canada, and especially the seaporia of both countries. While {a Canada he had an interview with the Cauadian Board of Trade, and discumeed questions of much interest to the commercial public, During bis stiy in America, he said, be has received much valuable ‘cformation which is useful to himself, and which be would endeayor to make orem) to bis country. He . bis views well known bo under stand America and her cit!:ens than do at present. After having visited the principal cities to which he had referred, he visited ington, where be spec: last week, and was recetved, in @ manner highly gratify- ing to him, ip the President wen er te doa now jaged in consi Jering subjects eet interest to the commerce of America and Great Britain, jie had aleo an interview with Mr. Cobb, who stated to him that he would desire to have the principies involved in bis views put in writ- tpg, and algo tbe best pian thet itaelf to bim for carry ivg out those pier. may then read the following paper before the committee:— SUDSFANGE OF ARTICLES TO BR BMBODIED IN A CONVENTION OF COMMERCE BETWEEN GREAT HERITAIN AND THE UNITED STATES. 1. Liability of Shépowners —To secure vational treat- ment for the vessels 0! the respective countries, #9 that the extent of liabi'ity may be limited and governed by the lew of the country in which the case is tried. 2 Rules of te Road and Lights at Sea —To odtain aim! larity or identity In the 1 ‘and tn the laws of Great Brita’n and of the \ nited States, with respect to the rulsa and 4 observed by the vessels of the re- tions to be vision for rendering more easy and more certain the yun ish! of erimes committed on the high sou on Board of one country when that sn: ves in the other country. between Masters and Crews —To which s0 often arise ia the ships of the respective countries may be promptly settled arrival of these ships atthe porte of eitber cooatry. 5. Desertion of Seamcn —To agree oat the courts of respective countgies where the shiye shall arrive shall have summarily jurisdiction over tno seamen res fo op countries, wno violate a contract into which tiey ‘iy voluntary rg yo = See en. . Shipping Ujices.—To shipping offices at the leading of the United States similar to those now {a operation in Great Britain, al to grant to Britiab shipmaaters the use of these officer, provided Great Bri tain grant to America sbipmasters the use of her oftices, from which they are now Could not the same code of wignels be adopted by the shipe of the respective countries’, Would it not be well for countries to have one meridian for longitude ’ ‘The —_ named !n the accom oanying paper No 1 might be carried into practice by clause: .9 @ convention somewhat as follows -— 1. As to Re Liability of Ship mumers —The sb: Britain apdof the United States rom ively shall be placed upon an “ual footing as to liability for of lite Or persona! injury, or loss or damege to ships, boate or goods; and accord ogy the liability of the owners of such ships upon the claims made in the courte of either coun. try in respect of any such loss, tyjary or damage, shall be limited in like manner and to the same extent, in esoh care; and the moJe of procedure ip re‘ereace theretoehali bens provided by the laws of the country where th» cial we mado, 2, As the Rule of the Rood and Ligh's a! Seo —The by of Great Britain and the 'alted States, reepectively, whail adopt one aad the same rele of the road (ae may be hereafter agreed upon) for their at ships of the of Groat when meeting ‘States shall alopt tbe therefore, of either covutry, ether & vease! ~vioh bas exused or saf fanlt, ePail % gutted by theme roler, aud the adoption or otherwise of ue &. mm of lights or Aigpate which bave bern agreed upon 3. As lo (fences Committed on the High Seas —tu the cane of heinous offences (named {n the Extradition treaty Bow \u force between the two countries) it is agreed that power shall, ov tho representation of the Minister or Con sal of the respective coustrier, be given to the federal courts of the Uniled States, and to tue corte of droat Britain, w apprebend the olenders on proof being given, Such at would justly bis comm'ttal in either couvtry, But euch pritoner can ouly be teliverod to the Miaister or fered damage is a | Consul of his country, to bo sent home for trial, by an Miramon bad resigned, and bat been succeeded by | Robles. ‘The resotion ists bad evacuated Puchia. Great alarm and exctement prevailed at the cap tal. The Charter Election. MORE DEVELOPPMENTS IN THE ALDERMANIC COW TEST—THR RXCITEMENT INCREASING, ETC. ‘The meeting of the Tammany H.!! Genera! Committee on | Up to the federal courts 0 | Monday nigh’, and thelr appointing Wednesday evening | for the primary elections, have nad the effect of putting Dew life in‘o the hangers on to that institution im the se- excitement, and cxpulsion or lynching of the correspon. { Veral wards of thecity. Yesterd:y waa a busy day with whem, and the amount of running and dunning that was going on in the vicinity of all (be drinking places in the several districts last night would aston'ah tbe uninitiated in such proveedingr. All hands appeared to be in their | glory, yet woaring & somewhat anxiows countenance—no Ashland Hall last evening and elected Charles Harris as — thelr chief. Speeches were made and great enthusiasm wae evipoed, The cockade of bive and orange is boing worn freely. An adjourned meeting will bo held tonight. The ox- INTERESTING FROM CHARLESTON. Cnamrtseton, Nov, 20, 1960. United States Maretal Hamilton to day mailed his re signatian, ‘The opinion prevails that ex-Senator Mhett will head the ticket from the Charleston distrist to the Convention. ‘The brig vames Gray, Captain Plammer, of Ne ebury- port, sails to morrow with cotton for Havre, and will leave the port with the Palmetto colors lying. This vos eel ia owned by Cushing Brothers. ‘The calvary companies of Charicaton were to-day ro- viewed, and prevented arme to the Soutuere confederacy fing. the banks 's absolutely essential. They will, thorefore, certainly suspend, but are straining every nerve to keop up till the apprekended crash at tho North occure. The nows of the suspension of the Farmers’ Dank, of Richmond, mey precip'tate a suspension hero to-morrow. ‘The religious folks are now tho most violent of the so- ceasionista, The American Sanday School Calon Agency Cimge oot a beautife! ag, insoribed, ‘in the name of our God we set up our banners.’ ‘Strong secession spoeches war made to day at the sre. septation of a cane to Cast. Berry, of the steamenip Co lombie. To morrow if the appointed day of fheting, humiliation and prayor ‘a view of the crisis, and will be generally observed. Mr. Koltt arrived in the city to-night at ten o’olock. A large procession of c!tizens, headed by ® band, marched to the Charleston Hote! to serenade bim. “ir. Keltt re. tpended in a moet eloquent and flery speech. ile said ‘hat South Carolina was pledged by every tole oo obliga. ton to secode from the federal Union. Three wooks ago she bad elected on that ene a Legisiature wh'eb onvan!. moutly recommended reparate action It war infauiy to Ont of his district—Orangebarg—be could say that of the sixteen hundred votes polled, not one wonld be for submission. Barnwoll, Peodeo, and even in the up sountry, people were a unit on this queetion, He closed amid great ap- 198. } MOVEMENTS OF THE PROPLE OF GEORGIA. Aravata (Ga.), Nov, 90, 1860, ‘The largest meeting ever held in Greene county, Geor- off om Friday. The most infvential men im participated. Resolations of almest cnanimouny a Mate the 55 i | i i i f ; fi | i fr H i s& ef s s 1 g : : tl | : i f i i i doubt the result of fears about the safety of their now political pipes that they bal just Iaid down, As Mozart ‘Hal! issued her call for primary meetings last evening, we way expect a i cided increase of excitement Unroughout the city today. With ail three of the partice moring in the primary ¢lections, there will be for the next three dys a perfect turmoil and excitement amongst the go- ” verning clagecs !m the severa! wards. ‘The independent candidaces are springing o) ‘n evory quarter for both Aldermen sad Councilmen, and from presen! indications there wil! be no end to them, and the poiition: partics promise to be alike numerous, The Na- Yona! Nemocratic Agsceiation, in the Third Aidermaate district, renom nated Jobn T. Heury on Monday evening } for that post, and recommend bis re election. A meoting of citicsme ‘no the Fifth district on Monday ovening brought forward William L. Proch, clothing | man, holding forth a* 193 Weet Houston street. A (or- man club im the Seventh district, we notioo, bas brought forward Joba Michardeon. A numer of demoorats got t * im the Twenty Gret ward, snd neminated Jobo Kinély for Alderman in the Fifveenth district, Petor H. Jackson, formerly nominate! by the cliizene of that ward, bas declined, leaving the field open for eyme new man, Thor the work goo: vely om, and the trimmore | of each party are da‘ly becem!ug more and more coudtent | ; ' - the Board of Aldermen have at present a good chance of being maintained, acd the tounes which have boch on- acted aboot the City Hall comtimmed doring the coming year; and cnieas taere are some more |m portant | movements pot under way than have boen in: ted | ob, the Benate of our cit logisiative yyy will Goutique to tain that beautify! repittation it hae gained \y t it dotorm: cot ing in the same persistent imation to grest | priv to and such menasiaw. We Pope for a beter order of thigs, but can gee but & #mall peg to bang our hope upon. MEETING OF THE MOZART HALL GENERAL COMMITTER. A tpecia! meeting of the Democratic Reprbtican General Committee was held last evening at Movart Hall, for tho purpeee of max ng necesmary arrangemente for the com. img charter ele tion. ‘The chalr was ootpuie! by ©. 1. Schermerborn. Toe | firet business transacted was the appointment of a com mittee of five, whose duty it will be to recetve from the or all the city wards the nance of the inspectors uz ip each for the ensu!ng charter election, and to ingly to morrow evening to the goneral Committee. A special moeting will be held for this pur- See at de te ee tee oan ee This the business, ana the meoting adjourned ih th s evening. the grand opera, ‘La Jaivo,” ia to be fine distribution of the chief rite, and « gorgeous tome. Severn] important and much needed alter stions have been made in the auditorium of the Academy. The Wauscn's Tamaree—That sterling comedy, “The Rivals,” will be given to-night for the benefit of Mr. | papers into immediate oosideration Alto to order of the Secretary of State of the country where the arrested. Ip all oifenoes of lost heinous ooluded in the Extradition treaty, the power of summary jcriedict) the Minister of Conrul representing ihe country to whicd the ship belonge in which the ofender pervor, be given the United States at to ihe of Great Brita’ to the Setileinont of Disyruies belvorn Masters and In respect to a) Claime and demanls by oxvers Officers OF 8e@./.eR, against exch other, if any abip belonging to either country In the porte of the other, which sbal! have erigen ence sicb ship last saiied irom apy port or of the cougtry to which she belongs, and which shai! not have been previously heard and ad): dicated upon; or in respect of any breach or neglect of duty, or non performance of any con‘ract, all such casos aball’ (but oply on the roprementation of’ the Kioister or Consul of the country to which such ship belongs) be beard, tried and deal: with in ® summary way by the courts of either coontry where the ship at ioe time may 6. to Desertion of Seam —ia casce where seamen who bave voluntarily engaged thomse! the Aive countries, or be sent back to the case of refcsal, shall couatries. Hore Mr Livnsay made a fow romerke x rol what he cons: the coasting trade, but he very I1ttle to what Ie contained in tho fe!lowing paper, which MORNING EDITION-WEDNESDAY, NOVEMBER 21, i860. | ebores of tho St. Lawr: it, on the representation of | be read evidently af & councetion with the preceding | one — 1. Coasting Trode Proper —That ia to say bot weou port and port of any State, or between port sed port of coun- —os. Pres dent, while speakiog on the sobject of the coasting trade, remerkod that as bis term of office world soon expire, he couk! not promiee apyth.og in iis bebalf. He wes willing, bo aia, to discags tho questimn, hyvever, — and seemed asioviebed when he heard of the«:' at to which American sbtpe were employed ‘n the cowales of 2 Lake Trade—Detwoon port ang port on the lakes or iniagd waters. 3 The trade between tho astern and ‘Vesters p of tho United for instance, botwere New York amd Onl) either around Vape Hora or via Aspia wall and Mr. Bucyt here called attention te the + L 4 shipowners of the United Mates bed sent & mem. wv the British Parliament to place light on the coast of ite Sea. Great Briwi had only Cabinet at Wi ton tho President he in‘ormed mo that they bad teken the , sod referred them of the Dressers , whe requamten tas be a H 3 i if ge + ileal - of ive ihe commonication rom your goverament. There- fore, a® far as} can hear, there are xe diffscuities in the way of the settlement of those questions im the present year, 1 hope there will be no thrown in the wty by our government, and ‘f there are, } will on my return endeavor to remove them so far ag! have apy infivence. This is tho way the question now stands. i{ stands ina wey to be settled, I hope, to the interest of the great commercial eommua!- tes of both countries, | consider myself a perfecuy free agent. I came here on a visit of , and baving that arcount of lewure time whieb every traveller can i ht I mght spend it in urn to advantage, I thoug! as ie doing good for here 1 considered myself free to act ms I jeased, but having been received ‘the President and binet aud entertained by them, having submitted those papers, I fee] that I am pot autnorised to ray one word more whieh I have is contained in She poor jaid bofore you on these subjects, it the sanction of your government and that of Lord Lyons, as the repre: fentative of ours, In my interview with lord Lyons | said I had at faith in public opinion— Teaid that in ques so important as those it might be important that the pubiic, both in Sogland and America might be informed on them, #0 thas we might bave public opinion !n hegland and America on the views that strike me; and be and! coa- sidered these views all that were necessary, there might be others connected with them whiob did pot occur to us but uy peviag eee opiaion we would not only remind you of those, but if our views were Foon Bem gr be corrected. 1 stated the same tothe Tam od we L thas I have the sanction of beth—1 = might the desire of both—that they shouid be made known. Therefore, J am leying my opinione before this Obamber to-day with the sanction of both your government and tho representative of my own. Mr: Lindsay now ceased #reaking, and the chairman of the cor tee remarked to him that there are differences of opinion on the sub,ecis of ‘‘aignale’’ and the rule of the romd. Mr, Lowpesy then read over the sections of his pa- pere which referred to these subjects, and showed that they were merely suggestions, which woul’ no doubt be acted upon to the best mutusl advantage when coveider ¢d duly by both governments. In my laterview with the President 4 informed bim that | would be candid aad give him the views of those mercantile men with whom | had converted in the various cities of the United States with regard (o the opening of the coasting At the North ‘the people Interested ig commerce were oppoted to the opening of the coeating trade; but their views, I bolieved had utdergone considerable change from the effects of Gigovssing the various questions arising out of the sub. ject. The President stated to me that, though he was not in favor of opening the coasting trade, be bed read my Statements on the subject in the re, to my astonish. ment, a8 ] expected his time would be too uch occupied by other {myortant matters to permit of his giving much at- tention to what I might state in reference to theso subjects. ‘He added that he considered 1 was glready aware that he Was oppoosed to the opening of the trate, but that he ‘Was, nevertheless, willing to hear mo and enterta! views. I told him that in the Western States the Jority of the commercial commonity favored the openiv ‘Of the coasting trade to the competition of British shire: but In no place was the opposition to tt so great as i the Northera Atlantic cities. The press, too, thou; Ciapoeed to discuss the (uation with much liberality were adverte af m general rule to the throwing open of the trade, Toelr desire seemed to be meroly to agcer- tain the trath upon Mr. Lindeay then qpntinued to read as follows:—In regard to (ue second division of this trede I may tay at almost every place the parties tater evied frankly admitted that the !ucrease of ibe traitic was so very rapid that necees!ty would compel them to re move sll barriers, and that !t wae neither wise nor pru- dent to walt til! necessity forced a change Ia regard to the tbird, { did not flad a single intelligent man acaougst the many with whon I conversed who did not fraokly Admit that our trade between India and England was as much a coasting trade as (heir trate between New York and Califorpia They all said:—‘* Wyatover construction iplomatiste put upon the words ‘coasting trade,’ equ! cargo over trade, and wd ought at once to meet England, and open it to her ships” Has Amer'ca any thirg to feat from, the competition of British # mech dy y free intercor ? 4 ye “a She oan build, quality sail ebips, quite as cheap as over an} English colonists, and cheaper than we can in &n: Ber ships compete with success tn our trade; why she fear competition in her own’ All experience nas proved that every pation (even some of tne and weakest pationg of Furope) can manage trade 10 ibe greatest advantage, vations do pet exter it when opened. All experience egal proves thal the removal of the barriers which now oxiat wonld, by facilitating intercourse slong tho shores of the United States where the produce and manufactares to be exchay 0 great and #3 rapisiy on the One, ‘one the trailic. + a8 tho ship @ the mere ‘rior, depending for \te existence eburely upon ount of goode w bo carried, it follows that, with more traffic, more thips will be required, snd consequently there would be wore work fur the shipowuer aad more work for the ship- duilder. But Pogland has much to do also; she has por. tens to remove which would bea great relief to A can 2nipping—enc ber light dnes, passing tolla, toeal char get, aud compulsory pllotage at places where the pilote are not requued. For all there Amer}- Dg pays to Pogland a very ierge enn snuually, Canada bas alto & duty to perform, She would requlro to remove ali barriers op bor side of the lakes, aud on the oe; adolizh diderential dutios of every kind, if any stil! exist, and, I thiok, make various Concessions .D regard to the b'gh dntiee she now icvics on American profcoe apd manufactures. Would the shi of either country lose by these changes? ow both wot rather be vast paiuers? and what a people of oth countrie th i of those feoling between advanced nations on the eabject of . There is no law esiet ry on this su dject, ex Cept an old Ove, pasted In 1799, which is wo utterly un- folted to the present time as to be very ¢etrimental to commerce. By thie law, \f aman on beard any ship eniering an American port brings with him @ poun4 of tmuggied goota the whole shtn's cargo in which % @ conveyed is liable to coniiecation. He qveled an inttasce of where & British seaman employed in one of the Conard steamers suuggled one pound of tobacco, and Messrs, Cunard were ob! dail, to ence, t the amount £10,000. Mr. Lindsay **sted 19 conclusion that be bat no more tomy. He expreered himself much interested in bit ‘viait to America, delighted by hie Intercourse with |\¢ President, ‘te various public men and ite pro Nie commercial bodies, and be especially thanked tbe New York Chamber of Commerce for the ich they had shown bim, and hope tbat all his exertions and conf srences would tend towards the great object of cementing more Grmly tre ties of fricedehip and kindaess which should ever the two grest nations in union and harmony. He had received much kinduess in Coe yg had of Unie committee are according! kwe\, best wishes for his safe return to England The committee then adjonreed, the members taking ve of Mi. Lindsay as they departed. deay s.veequently expressed his desire to have the New Yous Manat represent hie views as folly as pone!bie. as that paper bad ro large actrevlation in Rag- and. He also snd that ov his return he would show the falvity of the stopid, malicious and eclolastic articles of the London Times tn reference to the affaira of thie great country Personal Right Rey. the Bishop of op Kip and wife, of Califurnia; Amos Kendall and wifo, of Washing. ton, unt Col. Roatley and family, of dew York, are sop ping et the Fifth Avenue Hotel. GA. Stanley, of Op George Holvon, of Port Dover; J. B Bartio, of bur PT. Parsons and party, of Conneeticnt, ‘snd A. 8 Roblogon, of Pennay!yama, are stopping ab the Lafarge Hore, Capt. FC. Wileow, of Now Batford, Dr. Willard, of Aubers: f 0. Morgan, Jr, of Albany: P. I and family, of Havana, fr, W. Fisher and Dr. Jobe Fisher, both of Pikesville, Teno., are stopping at the Me- tropoiitan Hotel. Hon. 1. B. Crocker, of Onwego; Gen. Cooper and family, io, ali of Albany; Major 09, of the in tod States Army Col. Cohen, of Baltimore, Dr. Childs, Of Maratoge, and R PD. Cutts, of Washington. were among the arrivace at the %. Nichola Flotel yestortay, Shenell, of New York: KB. Morgan, of Aurora; ¥. Oriltenden, of albany; Capt W. hittleyey, Lieut. McKee and Lr z =i ? i g THE NEW YORK HERALD. PRICE TWO CENTS, ARRIVAL OF THE GLASGOW. IMPORTANT NEWS FROM EUROPE. INDICATIONS OF A FINANCIAL CB.SI8. Increase of the Bank Kate of Interest. DECLINE IN AWERICAN RAILWAY SECURITIES, ke, &e, ae. The steamship Glasgow, Captain Roskell, from Liver- Pool on the 7th, and Queenstown on the sth inst, ar- rived at this port yesterday afternoon, Her adviees are oue day later than those received by the Vanderbilt. ‘The Prince of Wales bad not arrived out when the @las- gow left Queenstown, nor have we received by shia arri- val apy intelligence of the royal feet, due aad hourly an- ticipated at Plymouth when the Glasgow ealied, THE LATEST NEWS. Livgaroot, Nov. 8, 1860. The steamship Nova Scotian arrived to-day. FINANOGIAL AFFAIRS. The London Times’ city article of the 7th inst. says:— The English funds have beer without the least move- ment to-day, but the tone of the market is rather firm. No gold was taken from the Bank, pf cipal fluctuations in the railway market =, been in Canadas, which have been pressed for , the pe being over supplied, have experienced a further ecline, The London Daily News says the bills of Spencer P. Bennett, merchant, of Liverpool, have been returned. The London Daily News’ city article of the @th inst, maye— Although the expectation of an early advance in tho Bank of Engiand’s rate of discount is now , tho English fonds remain firm. In the fg ket the principal feature was a further severe fall in the stock of the two principal American rail- way companies. In the discount market the sup- ply of money continues ample, but rather rates were demanded to day, fo anticipation a movement at the Bank to-morrow. Good short bilie wero taken at 34 0 Ftd Tho applications at the Bank were beavy, ard betokenod a general impression ‘hat the rate will be raised to During the Inst few deys the bavks bave raised the terme for advances upon long bills from 4 to 44 «6 per cent. The London Times’ city article of the 8th inet saya:— Tbe demand for discount at the Bank was heavy yi sterday, the expectation of an upward movemen! The rate jay hes in some degree diminished. There ia no Commercial pressure, and the majority of the applica- tions yesterday must be regarded simply Pre veation. Tt ip not a Sherefore, that an immediate ad- vance may stl cemed unnecessary, as 20 farther large withdrals of gold are likely ee to be made from the Bank on French account, Moderate rem|ttances wi!) coatinue to go to Spaia, but these and anything casually required for Paris, wilt, iv ie thought, be pearly all supplied by arrivals from Australia and Pavama. At the same time it {s still a pecullar featare of the period toat our existing rate of discount ts cons! derably bigber than the rate on the continent. The stock of ballion is fully equal to the average of 157, when the rate was only 3 per cont. There is no rigid precedent for an increase, the matter merely stand & point fo nicely balanced tbat no faulis can be found whichever course may be adopted. APPAIRS IN ITALY. The London Times regards the interferences of the French Admiral with the operations of the Sardinian eqvadron on the Neapolitan coast as the most inexp!icabie episode of the prevent campaign, and it requires al! our con Odence im the ability of the Emperor to persuade ue that his policy is not « series of vagaries, the offspring of momentary impulses, or the con/licting couneeis of minis- ters and allies. Letters from Naples state that Gavtve! bad been threat- ened in his own house by a crowd which essembied out- ‘side and cried “Death to Gavazzi."’ A detachment of the | National Gard remained there during the day, @artbal di has confirmed certain privileges which be tad confer- red on @avazz!, and the Padre was to preach on the fol lowing day. A despatch, dated Naples, November 6, has been re- ceived, giving the ofliclally announced result of the votiag in Siclly vpon the qvostion of snnexation, 1, # as fol lows —! yes, 432 054; noes, 647. The london Daily News says that about Ki ,000 Neapolt. tan troops, 4,000 horees and thirty two gune, being por tved by the Sardiaians, took refuge in the Papal States » Terracti At Castorna their progress was arrested by the Papal d lvereb authorities, and they will bes once disarmed. A week ago tho st th of the Sourbom army wae variously estimated at from 40,060 to 60,000 men, tho latter being regarded ag an extreme statement. We can bot reasonably set down its jovses by the fall of Cay and the battle of the S4.at lose than 15000 men. in less thaa & wook Francis Il. bas lort 30,000 men SWIT7ERLAND. Brexe, Nov. 7, 1860 To dey M. Massignac remitted to the President of the Federa! Conncil bis credentials as Frensh Charge d’At faires co. interim. The Marquis Fargot will net therefore return Ww bie post for t hepresent, CHINA. A despatch from Southampton dated Sin inet, an nounces the arrival of tbe steamship Oneida, with the bevy portion of the Ching end Caloutta maile ic deepatch:—It ie not true taas the Aug!o-# ench expedition to China will advance to Pekin. ‘The envoys of the two Powers, with their suites and pro- Se SS OS Se ean, u conditions of the pew peace will be is a. clanre in the former treaty, an ish apd om will be accredited to Pekin, where reaide. INDIA, mail were to Sept. 12. { i Console 98), a 99), “is P tecrant, 1} quaiitios slightly bigher. overt, and a) quai! Sales of Tiitpols Central were mete dwecount, New York Contra! sharea at 78 08); Pelice Intelligence. | Aneret oo AN Alison BURGLAR—DrsreRaTe Agama Crom Two Poulcrmy.—A litte over ® month ago® burg- lary was committed in @ grooery Moarce by ro oted individuals, one of named Fdward N it, Was arrested on the spot, bat the other euc- ceeded in making his escape. Last oventhg Sengeant Knapp, of the Fourth preetnot, learned that } | i : 3 : E 3 i 5 i i F 2 3 2a. #2 ii 38 if a Hl € i i ; if i if ti ul il tf j F i ' Pei soe i = 3 fray the ofiecrs wore ree, upon whoeebead freely. The compan’ By tao 10 tbo State prison for five years burglery. Arrertep Scrcpe os 4 Heneos Riven Rar) 5 f