The New York Herald Newspaper, January 21, 1861, Page 2

2 ARRIVAL 0 INTERESTING EUROPEAN INTELLIGENCE. What is Thought: in England of Our Crisis. LORD BROUGHAM ON JOHN BROWN, ben key Bey ‘The steamship Teutonia, Captain Taube, from Bromon THE TUTONIA. cagpeete, ls wrong of ‘hich are altogether unt Within the last tow 4 report been get afloat that the gvvernmont ‘would be ob! to have recourse to 4 loan; there is ne ground for such a rumor Treasury bouds, which on the et of January, 1650, amounted to 196,000 OUUf., and on the Ist of January, 1860, to 141,000,000f,, do not exceed 76,000 O00!. ut the it moment. The Bank of France yesterday raised the rate of dis- Count to five avd a bull’ per cont. ‘The Emperor’s New Year's Day speech has not improv- | ed public securities, which still maintain a downward | tendency. Lord Brougham bas been hore for a few days, | on bis way to Cannes, whore he is to remain till the ing of Parliament. fis health aud apirite are truly won- derful, considering his age, of public affairs | My presence, he suid, ‘“E would hope for peace if I could, General Igputiel, (he Russian Minister in China, receives from the Emperor the Cross of Grand Officer of the Legion of Honor for his useful co: | but 1 am aimost afrwid to do it? the Heratp of Thursday last. The following is the specie list of the Teutonia:— FROM HAMBURG, Von Seht, Schinlinskey & Co. Pr $10,900 LL. Vou Hoffman & Co...... 14,090 YROM SOUTHAMPTON. £50,010 «+ 10,00 eee a xo ‘An Antwerp paper alleges that the Freuch government | are in the receipt of private information that the allied fleets have experienced a severe hurricane at the mouth of the Peibo, and that cleven English and seven Fronch gunboats wore lost. The crews are stated to have been | saved. Our Paris Correspondence. Pinus, Jan. 4, 1361. Austria—New Year's Day im Paris—Commercial Af Sains in France—A Curious Law Case—The American Orisis in France, c., ec. At length we have got rid of the old year and fairly entered upon that which will complete the decate of one of ‘the most celebrated epochs of history—the great coup d'ea | of the President of the second Freach republic, in Decem- ber, 1861. What amarvalious change since that dato! Then,, every one treating affairs with « hopeloss shrug, and him especially, who had thus suramarity soized tho reins, with something stili more emphatic. Now all mon are gazing at him in stupid wonder, and ready to stop the whevls of the world until it shall please him to give the word. What will he say on Now Yoar’s day? was tho expression of every lip, or the secret seatiment of every heart. But the sphynx has at last given tongue, and left the puz led world just about ns ontightonod ag it waa bofore, ‘The truth is, the policy of Austria, or rather the temper of that Power, bids ccfiauco to all special programmes About the peace of the world upon the liberal shoulders of Mf. de Schmerling; with the other sbe still clings convulsively to the arbitrary M. de Rechburg. Sho is willing to be with the oew jo not ready to cast off bhe old; and, like # spoiled coquette, shuts her ear to everything im the shapo of reason. Lord- Jobu Russell, deeply desirous of standing fair with the ma tions in his new role of Furvign Ministor, hus boea kept ing the English Embassy during the last fortnight ia a fever with his continual we ig of tho t phic wires the object of which was lo extract somethins tau; from the Emperor to go to Y’arliament with. Lord Cow- Jey has been perpetually passing to and tro between tho | palace of the former Princess Borghese (the Britivh Eu assy) and the Tuileries. F d has gone to Fngiand. At ono timo ho an nounced it ¢ certain that the Emperor would gay something immensely important, and the London Times had an intimation to that effect: when, lol the whole thing expiodes jn the little curt sent doubliese already transferred to your © meaning of which ia that Yagland and i’rance are sinply in that Christian siato of mind which ‘hopoth all things.’ For anything said in the Palace uf tho Tuileries on Tuesday, the Ist of Jannary; the worli tasy be wa flames on the Ist of April. Lord John Ru sit con sole himself as best he can. foreign despatches, it is said, will be tlercely criticised on the mooting of Pa liament, and Lord Palmerston is supposed to bo Preparing for a dissolution which he believes must come. Parties are just now eo evenly balanced that nothing bat Sommgreat success can save the whige, But to return to New Year's day—always so important | among the dics fasti of France. IL was # day of storm and wid and cxceeding Diac so mu Emperor found it necessary to disponso with the tomary serenade ia the court 0: , wheace tho superb bands of tho different regiments quartered in fo that the State. Weather is an immense ingredient i cles. Even when ander cover the chief a¢ a degree 1 d by it ow cqnipages, and liverte broyerer and tailor’s hand, it is a great mat ‘The magastes, too, xbibiting the'r ery before the and lofty aristocracy of England, of whose spl dors in this degree they are e more and more emuious. But aa carriage after « pride of paint a Hunker isin, roiled & mournful exbibiti duced to a tew chim brelias, congr rue Rivoli. The of the various equip dire aud dismn their new broadcloth * upd buttous, ani as for the jolly ats that were obliged to tridge it w order to pay Lhe the aight was pitiable. A day in to the misery of plunging a into pappy gravel, with the aie guiten epaulettes. Tard Cow danchuly voice, as Le road was in en whan fresh from th inom f the second empire are ambition A Wak nothing arntebed yy aaescaps fr would perunit there was the cuvtumary gathoring of the tituted bodies, alt in st array, and no 8 Lettor tase exinbited in sack costeme ‘than tn France cut all Mavesehan alled trom a f hal of Jrance orna- ver, but there was ite high and v wunsiabe to ilomiD Toot und fling additional iustro on the gergeous throng Deneath, and at times it was co tark from the misorab! ate oF Us mpibuere that tet 6 qu * Mt would mot be ue delier, uid day as J weed not dwell venaily in thoir this anspicions day baraques cloned ripping oves deliv rain, they looked tke & Cameos broug! in the et of the wine : ed— must ue touet give to « chan ria dict? ~annai presentations, Everybody eybouy, whils everybody {ts inwardly whien beneidts Lobody but the shop one has ony vo observe the f aan ia of something at « saeuter’s porket and the iaorne of their ep winking ere, the tables, eneruated tamps Baron Kothecbild hime: carefully epee gazette if be dewyed b Everybody makes it Poveity in honor of the wtance of which may be sbop on the Bouleyarw wooderiol solution ft of aa frames fealed # Uh the pree tion of waxcn tignr Olt weithe « ToOtRtOe! the footetoul stands a professtenal gentie Of the precious ofifment in his haod, He turue his lend and eyer towards tut h nl by hie moving it & cae om Hy , 4nd places her fuot ¢ se iter the most uw ate the aud near Wo surprive, | the stool, hea tho operator ap. Piles fils re ont bulation , the purport ef whieh bs ach ly to knew ludy feels, for ‘oon after « © head and jon, - graviied empirin turns bis trimaphant’ eyes 1 fhe karing mintitule aud addresses tiem the signal vittiee Of his nostrum. Iu the back ground are two Faatérn Sagii diligantly employed in compounding the simples requirod. This pices of clock. work is one of the cievores' pieces of machinery imagina able, and by the taterve! in excites iy evidently a happy it of our fftend, the corn ourer Servants, from the porter or conc foullion, expect om this occa etrenne, oe tax on Ut bo one, eapectally ns it fre that the amaestic of the Stof January is twouty-four iy vivid converted into a vawrien, aud who, having received bh. @ustomary present, it''s your next duty to give warn your premises. NOW ho tong ation about Princr ite Carig fem, ae Lieutenant of the King replacing M. Parini, at Commander Nigra accompanies the Vries the tit of Will The new King of Prursia assut Ghe Firth; why, te not quite clear, ns the Hare’ have goweraity Leon cahed Frederick Williom ‘The Momdrur yeaterdny appeared with toe foliowing, ev! tontly th answor to the fipancial article in tho /enw es gout Mondes — 4 ‘The aiurt ing aapect of aMuirs in the Ugited States, tho hising of the rate of diso int in Kagland and (ie down wardte oney of the pablic funds at Vienne have, with: V8, produced an unfavorable etivet on Ww dhe Brovet tour ‘Hat 40 Weve facts, tho importance of which har beea With one hand sho leans. | > you have | wuue—the | perial devotra, | an, with somo | | Accounts reuch us from the garrison at Gacta in which Hl everything is ented couleve de rose. The place is | said to become better organized every day, Gucte bein, 6o easy of defence. Tho ..ing is described as indofaty, ble. Tho guns of the Vindmontese on the 26th, 27th a ‘28th are roported a8 doing litte mischief. Not one gun has been dismounted. Six men have omly been killed and thirty houses injured. According to this bombard- must’ be simply a pleasant excitement, Aavices from St. Petersburg state that the Poles are to have a constituti A singular point of law has just boon submitted to the Imperia! Court of Lomoges—whether bees are domestic animals or netY Some bees, in w state of irritation, wan- dered from the gerden to the road, and stung the horse of # farmer who was driving by with his son, causing it to | escave from bis control, and prudeoing um the ead the | death of the son, The farmer brought an action before | the civil tribunal of Aubusson, but che court ruled that | bees wero ‘wild and furocious” animals, and cynse- | Quently were not responsible for their acts. But on bis oges, after long argument, has jon, aud declares bees to be *do- | mesic’ damages. | 1 mut not concinde my letter without assuring you of | the deep, the intense intorest which 5 being felt inevery | Rocwety 10 Paris respecting the present political state of | tho United States. You bear, but one sentiment, that any mischavce beialiing your noblo capfadoration ‘must | boaheavy blow and discouragement to the liberty of inan ait over the world. In France the citizoas af tho United States are so popular, trom their greater facility in jaentitying themselves with tho people ef the country | than the ngush. that everything interesting to ca, apart from 11s commercial! intiuence, is regard a feeling of sympathy of no ordivary charactor. So loug as tho great confederation of the United States holda 1s own, it is felt by wil that true freedom can never be in positive danger. The Crisis in the United States. [From the London Times, Jan. 7 by au unanimous voto of hor Legislature, and it aow re- miius to be seen whether any of the other Southern States will follow her example, and whut course tho | federal authorities will pursue under tho cirenmatances While we wait for further information on these puints, it nsiter once azain the cause of quarrol hogun to rend asunder the mightiest b the world has yet behel’, ‘Ons of delusions of tho ago in which we tive is to regard cracy as equivalent to liberty, and the atiri- bution of power to the poorest and worst educated citi- zous of the Stite as & cortaia Way to promote the purest liberahty of thought and the most beneliciul course of j action. Lat those who hold this opinion examine tho quarrel at presont raging ia the United States, aud they Will be aware that democracy, like other Jorms of govern- meni, may comist with any course of action or any st of principles. Sevweon North and south there is at this moment rai troversy which gves as deep as any " the elementary principles of hum sa nature, abd the sympathies and antipathies which in go many men supply tho piace of reason and reflevti ‘The North is for freedom, the South is for slavery. Tho North is for freegem of discussion, the South represses freedom of discussion with the tir brush and the pine fagot. Yot North both Jemocracies— Bay, poesers almost ox yr institutions, with this enormous divergens ind practice.” Tt is not democracy that has ma: orth the advocate of freedom, or tho South the advorate of slavery, Demo- eracy i 2 quantity which appenrs on both sides, and may therefore “be réjected us having no influon:o over | the reault. From the sketch of the y slavery which wae furnished | from New noted that Revelution—Wash: rick Honry and Ha milton— r ating the praotioe of elavery and looked forward (o the time when it would cease to coutaminaty the soil of fr Tho abolition of the slave trate which eubsequently followed, waa rogard- | ed by ite warmest advocates as not only beneficial in it- | self, but asa long step towaros the extinction of slavery | altogether. It was not foreseen that cegtain free and de. niocratic communities would arise which would apply themselves to the honorable office of breeding the free and democratic piata to be consumed on | tions of the South, and of tiut replacing the Atrican the , i! ferson, Madisor re Unanimous ID exe | slave trade by an interna! traffic ix human flesh, car | on under circumstances of almost equal atrocity th: tho beart of 1 frae a has veri with by trifles. | Hutthe most melancholy part of the matter ia, that lo veoty years for which the American coi sied, the whole tone of sentiment with the Southern states at lenst, democratic nation. jon, and one not to be int { regurd to = | undergone a blo change, Slavery used to be | reated as a thoroughly exceptional ix | evil legacy of ev ded on the | ne ferson hime { bed in nee saccesatye arg: | entirely the view with which sivy } haps as much aa a from the by the edito in favor of sia ove yutd be f | other sits vongeanes | tone of ferocions | an Furepe.a ey | Decome ¢ luis certa write anytbio | from tre i} ivy | _ Nor have these | tive. For the ta j he 69 awoptuway, and t » Narth, bot by the uggreset y+ maj ‘rity in Cougeess au Fnited Statos, y have entered on © career xeem to be to make their fav uab buon © vs with the limite of the repabtic. Thay have swept away the Missou' i comprowize, whict livwited sia | very to the tract south or therty Aix degrees of nortli latiiude. They bave forced apon the Nurua, in the Pugt } tive Slave Dill, a measnre which compels Dt head | their #esirtapee vo the South in the recover caped bondmen. In tt by force of arms t | inte a froe Territ tairedt an extra j | whic! and iwefiectuauy, this su Hons. All that Was desired was peace, and that é not ba obteived. While tleve things were doae ue | Mouth controue id thy absiitiouises of the North aa the 0 F tron! wad uo 0! of South Carolina shows 8 reese Ou the | brutal mesailant of afr. In 1856 tho North on } deavored to elect a jent Who, (bo ayn (wily recog hwo ite Binve property, was om in the Territories. fne North tted Almont w a murmur eeept ocoasiun the Sout tae deal, but not with the same n their chacce of eivctay « thelr own views, but they have Cased. » Mike Colonei Fremunt, fully recog right of tho South to ti inastibation of | Savery, but, Hike him he i oppesad tw ita extension. Thi cannot be eudured. With » majoriiy in both houses | of Cougrens and in the supreme Cours of the Cuitet | States, the South cannot sulvalt to a Prewideut whe is wor their devot xt servant, Culem every power in tna cm Ptitution is to be strained la order to prom: ts progrena of slavery, they will net romain in the Galen; they will | Rot walt to seo whether thay are iajured firnt check to their onward progresa na al Witoioral Jury. This, then, is the rewult of the history of olavory. It begon as a toiorated, it has onded as an aggressive in titution: and, it it now threatens to diaadtve tha Union t ts not heeanae it has anything to fear for that whic it porvesser already! but because it has received a Chock ty Ms hopes of future noquisition, The Stan‘ins Army of Amertea. ‘From th. London ‘times, Jan, 2 | It wilt surprise many people to learn that the army of the United Statea haa pot only beceu maintained upou ‘aa active war footing,” but has ‘‘beon constantly in the | field” during the whole of the past year. Wo do not to have beard of any campaigns or combats, The nt did, indeed, suggest on expedition to Moxie, bot the scheme was hot approved, and the oaly bol | Mgorents in the Union appear to be the slavcholdors ; th Nowortholers, the report from which wes only the Mteral truth. Evory ral army has Hees eugaged upou teld ue been moat ardnons. The fact of dine f pm the supreme dad the Cerrituries as thoir uw » ‘orth has been rr .fevbly a of Sor NOGIAR Blaves hil of tne fed d the dwt & that the frontiers of the Wostorm States are fringed with « population of indians, and tho duties of tho regu: AF AFTMY CONSISL AlMoat exchnely ) ly in checking the in- cursions or repelling the attecks of these hostile tribes, } Of late tho savages have beou snore troublesome thal | veval. Whether the dinuoveries of tho precious metals | have excites their cupidity, of whet inr, ag ia porhapa more prot able, the passage of mining parties through their Jans bas qiven them annoyance, we cannot eay | but they nave oertawly been aggrosmively dispoved 7} ‘ ‘The State of South Curclina has seceded from the Uuion do, though it should be observed that thoir difficulties are infinitely greater ‘ours, Their ions extend over baif a continent, and thelr march hundreds band, have very little em euemy’s “pab? in proba own settlement, can bo reached by an easy morning's march. tll it i@ remarkable that even the United States troops, though trained to this kind of service, and not ea- cumbered by any political reatrictious, can seldom give & good account of their oncmies at first or without resolute exertion. The Secretary of War ibulates the inoi- dents of four principal expeditioss w! have distiu- guisbed the past year, In cwo of these the are Admitted to have been quite indecisive, ird tho re- uit is not stated, while in only one does a regular victory appear to have been AS a generat conclusion, ¢ is recommeuded that the ‘should be armed with weapous ot the most approved construction, while it is not vbscurely intimated that the military expenses will exceed the estimates by which suppiies were provided. Press on the Canada Extra- dition Case. om the London Times, Jus. 5.) According to a decision just given Dy the Judges of the Court of Queen’s Hench tn Canada, we are about lo deliver up a black man to be burnt alive by the siave- owners of Missouri, The pubiie are already familiar with tue facts of the case, but they may bo recapitulat- ed ina few words. It is now mpre than a yoar since & strange negro was secn hurrying across a piuntation of which Mr. Seneca Digges was the proprietor. By the law of Miseouri, in which this plantation was situated, it is ths duty of every man to arrest « slave found dis- tant more than twenty miles from his uaster’s piauta tion, Digges, in performance of the duty thus imposed, pursued the fugitive,aud after a chads came up with hin. In the struggle which casued the slave drew a Kuife aad wounded his pursuer to the death, ‘8 is no opportw. nity for cispute about the facts. The slave slew 4 man who was in the execution of his publie duty, acourd- ing to the laws of Missouri. According to ali other laws Dat these of Missouri and Missouri's kindred States, the siave was wcting in the aircet exercise of the inalienable prerogative of manhood; according to the laws of Mis- sourt he was copmitting murder. Aftor tuo act had deen consummated ie conpioted his eseapo to Canada. Taither he wax tracked by the agents of the slave State; and a requisition has been made that ho be delivered up, under aot Extradition treaty with tho United Suutes, as a mur exer. ‘Ail human sympathies are tumultuously in favor of the slave, but it appears that human laws are us directly in favor of giving bim up to the certain fate of bomg burnt tlive. Chief Justice Robinson and Mr. Justice Burns have ruled ngninst the dissentient opinion of Mr. Justice McLean, that the treaty of extradition, which ia part of tho ‘statute law of Canada, applies to this caso, and that tho man must begiven up, just as if he bad boom a white man who had murdered his yacler and bad ceeaped from bis gaol The first tidings of such a devivion is apt to make av Englishman’s face flush, and to cali forth an exciamation; but, so far as the case has gono, and so far as they havo to do with it, we very much dear that the majority of the Court will be thonght by Jawyors to have put the only possible construction upon the Extradition law as it slands, The Judgos are, by the terme of the vase pul before them, shut vut from the consideration of the two facts upon which alono uii oor symputhies are based. If the black bad killed and red- hed a traveller upon the highway,and had thea shod acions the fronties, we should al! have said with ono voice, “Give the vidain up.’ If he hug killed a gaoler who ‘bad bim in legal custody for somo crimo against property, we should Lave been equally ready to surrender him. This is just how the case appears to the Judges. ‘oey decide no more than that # fugitive who hus, ia resisting his preheasion, killed oh American citizea and thon taxon refuge in Cnnada, must be given up. This cannot be honestly gainsaid. The Canadian statute provides tiiat “a person charged with committing within any of the United States of America auy of the Offences mentioned in the treaty—that ia to say, murder, OF aerault with intent to commit murder, pracy, arson, forgery, aud charged upon such evidence of criminality 4s ing to the law of the place whore the fugitive or person so charged shall be found would Justify his approbension aad commitment for trial, if the ‘crime or offeaco had there bee committed, muy’ be ap prehondea, ypon complaint made under oath, in order that Le invy be bronght hotove the Jndgo and Justice of The Engl lawful ap- the Pes e Who has caused him to be apprehended, vo the end hat the evidence of his criminality may’ be heard and considered; and thet if, on such leariug, ihe evidence be deomed sufficient by law to sustiuia the charge according to the laws of Canada, ho shall certify the same, toxether with a coph of all a akon pofore Bim, to the Governor bata warrant may issue upon ’ { the proper authorities in the United States, or of avy such States, for tho surronder of the reed, according to the stipciation of the It hae been tocbly argued that the evidence of y the fact of the homicide was uot euilent, and that the terms of the treaty apply only to offences against the federal laws of the Union, and not to tho criminal codes of ind.vidual States, Tt has beam mor os not aMLCUN for Uhat th plausibly urged that murder according mece act of homicwe » from its attendant to the laws of Cans takes its character circumstances. A moment's yal tie must be aimitted that + of Or Cour ach bus como to the conclusion in t a ad that pon grounds of hone it would have led to if it had AD Opposite mi'ed powers they conid bave no door through whieh (his poor prisousr coaid *t lave remained wide open for border to slip through. io surrender dis man (0 the cruel fate Sale? The sugration k with such every brigand on él But ave te therefor whe rowails him in te prepotercus. Tha the Hide State of 5 pobievan who had Hungarian apitality Snould, i ver UP & Wrotchod 4 the ark of ui necossity in impossibility 1 wted to her «Tan: tor y we i y conpilent we are that tis mt ssofe in the prison of Bardo from prepared w GTO ts at this momen ever being sent bofore a Missouri jury of slancowmers as he would be if he were in (he wilde of Central Africa, Meaw white, a we a the report, taere is wo imine Li ec of any Steps bemg taken to t. From the appears, by tha of Judges, and thence ay understand, t thy Vrivy Coa © may fear thet upon ¢ decison of Kuglish i the Queen's B wity of counsel ine mil to dieover any to vitinte the — pre of anxious object on yet ime Of dupe. joulty of thus have wed ® ON LABS innecent mau that we are It la not beeanse wo have blindly Wy bound ourKclves systemically to « commou laws of Gat and humanity, tat e HOW, as A Matter of com (ne lirat s the fest st ’ by the cami menus af dosired tu comm by the sa ro is nothing in the ‘ohyection that the laws which this siave has broken are the laws of Miseourt, aud not the laws of the United Mates, yet there te much in tiis—that our obiiga tion m respect to this extradition treaty i an ob ligation ta tho federal governmout, ant not to ay indiwiaual State. Lotus weicand seo. It may be thes the government of Washington may not caliupon as to execute Lue provisions of the tweaty ia this instance. It Tox) be that the siaveowners way not pursue through our courte of law an cxponsive litigation, which nover can by any poreibility have the resuit of prosueim@ tor Lue tie sweet savor of a barut sacrifice provided oy the Foghat pation. ax @ topic v tanbe excitement thia rinse cane may have it t, baton this wide of the Atlantic wo are too profou convinesd of the an Practical charnoter of the contest to be very anxious sbou! it. What, however, it dors show is the neoeaaity for w diplomatic explanation of this oxtraditwn treaty, The pext thing we shail be told will be tbat it requires the surrender of ail fagitive siaven, tor that by tho aw of Miecourt a Blave is property, and ihat a man who “takes himseu off’ guuity of robbery, which, as we have ecen, ls within the terms uf the treaty. lerd Brougham’'s Opinion of John Brown. LOKD BROUGHAM'S REPLY TO AN INVITATION TO AT- TES THK JOMN BROWN ANNIVERSARY IN BOSTON. Baovdias, Now. 20, Sm—I fool honored by the invita ton Convention, and be yiv fF Lae upplicaljon is made to ine ae concerving me Ws represent the anti siavery body in this country; believe that I speak their Fentiments as well as my own in expresting the widest difference of opinion with you upon the merite of those who promoted the Harpar's Ferry expedition, and upon the fate of there who aut for their condyt in ft. No one will duubt my earnest desire (© see glavery extinguished. bul (hal desire can unig be gratified by «aug ul means—a strict reyord to the “rights uf property, or what the law declares properly, and a countaat 1 epg. the shedding of biood. Nu uaweun be eon suiered 8 waytyr uness he not only suffers, but i wit ners to the truth; apd he deer net bear Cle testimony who aceke ul object dy illegal me any other cons se taken tor the abolition of sinvery can only delay the consun. ation we so devoutly wish, besiies «xposing the community to the hazard of an insirrection, par leas hurtin! 1 the mastce than the sive, When British etoaueipation was foally carried it was accom: pitebed by stops ana five years ciapeed betwoon the com: aS tho measure in 1865 aud we completion w 18 ‘The declaration of the law which pronounced a slave freo ss 8000 a8 hO touched British groumi (erroneously aseribed to the Kaglish courts under Lord Mansaeld, but really made by the judges im Seotiand) may seem to bo inconerstent with the principle now laid down. But L am bound to ¢ my my doubt if such « deowion would have beep given had Jomatea touched pen the coute of this country, Tk is certau that the judgee did not in tend (o declare that all property im slaves shouid inaiant ly cengo, aad yet such would baye boon the imevitable pti the Lonuon Chronicle, Jan. 3.) One of Vietoria’s suns ruling a South Aieaelonn ight. in the life and position of tors; “they do they spin;” their slaves work for them, and all the world comes to tucir doors begging for more cotton, It might be essy to change thia aristo- cratic republio—a republic also, like dparta of old, with it helow to do the hard work—into a mowarchy; but we wu flattoring tale too readily believed by te worshippers of cotton. Engtand, it is true, is commercia! euvugt, but not to the heart’s core; her ears are not quite 80 stopped with cotton wool a8 our Charieston frieuds may tnagine; vnd though our Lord Chancellur sits un a woulsack, the balo of cotton. lt og ayone be, ail things con- idered, the ctrangest aight in the worli—beating all tomime transformations—were our Princo Alfred or Pruce Arthur to accept a throne in the stronghold of A descendant of George IL revurning claim anew the lleguance thrown otf nearly a century ayy, would be enough; but think Of the still more startling picture, Englana’s Legisiature and sovereign paying £20,000,000 to drive siavery from the West Indivs, aud then a few years afverwarda—in the lifotima, wo may say, of one generation—an English Prince, son of Queen Victoria, ascending the throne of a slavcnolding Stacol “A rich jewel in an Ethivp’s 1 Why, is Queea Vic- toria thus supposed to be possibly tolerant of slaver, It Was understood, at the time when tho Honorable ‘Amelia Murray published # work, apologising to some extent for slavery, that the Queena wrote Lo the authoress, then a Maid of Houor at her Court, expressing regret at the tone of the work. The other day, also, the Queen, ta granting an oxtension of Lord Brougham’s peerage to bis brother, meutioued, as gue of the rvasvus tor 80 Guing, his’ “exertions for the suppression of slavery and the slave trade.’’ In their present excited state, however, anything coming from South Caroiiniang will be waturaily wild and ia- rent. Their compatriots at the North have, how- ever, not much advantage in this way to boast of. The other day a widely circulated New York paper had a loug article oxplaining tno intentions and objects of Raglana in abolishing slavery in the West Indies, We knew that it would ruin our colonies, but we foresaw that it would lead to an abolitionist agitativa in tho Stutea and to the aiesolution of Uhat lorious confederacy; ana, with that fiendish end in view, we, “greatiy daring,” paid £20.000,000 for tho pure pleasure of doing evil. This Hlory is litting companion picture to the young Knglish King of a young American despotism. But toour nund South Carolina this matter has “three courses open to her.”’ The first eho yeeus lo have thought of herself; and we have, we Unk, indicated ite—to use a mild term—improbability. Wo shall kindly present to her the other two, and shalt’ send thom “otf to Charleston carly in tho morning,” with our due respects. At Gaota, at tho present cay, is a young king just about to loge a crown and a good aitnation. ‘Charleston is not as lovely as the city of Naples, bul the population of a Southern Contederacy would ba probably equal to tho poptilation of she fwo sicilies—the family estate just oat by thi tine young king. In all other reapects the Souch Carchuien Stave iw better Uhan the Nexpolitan kidgdom; the negroes are infinitely moro respectable then the lax varoni—they work more, at il evexta, and y batong to tho productive claakes; and some Sonth American scenery 18 fully equal to the best bits of south Italian lanascape. Another gréat point is, that this young king is in principles oxactly suitabie to’ the—sball we say?— “vacant throve.”” Hie father was a min who tho: roughly sympathized with “civil and religious slavery over the world,” and detested all freemen of all colors. ‘Then, “that now world which is the old”— ax Tennyson’ sings and uy indicates—woukd possess in this new kiog scion of the oldest ane moat roysl y in the world, tho House of Bour- bon. That filustrions race is, as a reigning race, all but extinct in Eur Majerty of Spain is 2 daughter of the House, but she has pushed out the hereditary right f King of Gavia gues, no maie ie better ore We ire takes ite Droed, and Way?—826 will produce a new variety of U the Bourbons of Carolina wy 4x r of Brae ail in dignity, court. We may now, in our hasty ignorance of the vaiue of what wo lose, not consider thia @ calamity, but the time may come when, as Florencs begged back the ashes of the ex tlea Dunte, we may requoat South Carolina to lend us for a histories! musetim a specimen of an a live, reign ing Bourbon, ‘We bave another suggestion to offer. Sy eewsor of Cuba, aud dir, Buchanan haa rather broadly and coarsely at Cimes—th which borders ou the Guif of Mexico ougnt to have Nov, let Queen isedetla come forward and male a handsome @er for South Vorolina, Florida and Louisana, and the lunion of the (Gulf States with Cuba will be completed. No ar. giment ised in the Ostend manifesto bat would ell hore. The people of South Carvluat diwike the rae of the United e preparing Lo throw it olf, want a King, and wish union with Cubs. Let spain bay 0 Carolina ant her sister States, and ail will be arranged. But the money? ‘Aye, there's the rub." We confess We cannot discover any’ man, w or child in who woult jend Spain money for the purchase; but per- haps the Nortiern States—including D’enneylecnia. hat rather likes promises pay—woukk 2 purchase money, round sum in S| , the sale on bouh ‘sides will b The English and French Press on Napo- eon’s New Year's Speech [Prom the London Tost ¢ mt o:gau), Tan 2.} The pacific expressio tanporde Nupoleoa, i reply to the customary cu bovy on the » Bus Lovessarily tend lo Gtsst pat? that v Gud ciread of the future which intlaenced, to a certain ing throughout tae doute The daly with the med OUTER Of cach AMrasnador court io which he w ace edit him of the tact ft wonld thers fe Waste of words to tell taese goutle kaew before, and the Saperor is words. © state Of opiniot 1m oluer Countricd besides his oon, He war consequently quite aware that a gomeral Mur ity preval@1—Lo macter how grou. kees- the pi scot his char he set himse whilst y be culy acknowlod unvlly spokew to Lord preveat wurt, then, be t tab peopie ind t and the impor tl wceuravce that Wae a simple and brint ude of saying Wo the var tions of the contumnme that thé oil rte of Franc directed to the maintenance of geueral t ’ We ce not doubt that thi declaration of the & wild have ite dei: os eituct oud the sense of uncer ts conduct of Fran hot & mau ty Wasts sither i ft hus habit to be uuiuiormed of ro cowl once joror Femuving trom the geavral ty with resvect to ube fusure shiek every (eGecting man Must Soe Ww bave nover had any better (ground UU tbe combrae- tiot of serievens innuento on the one sti with uarew soning thous htlenoness on the other. (From the Paris Debate, Jan. 2.) In the present uvubtful state or Kurope, if things 06 coolly waked at, he changes of pore are not, f fea Strong than these of war. the thee manner, that t Austria, not hav War like CutacMeiee. thor tor the King of Neples vr for wwe Pops, bos uo louger any reagoa tw browk Lae agitated repose ‘iw which sho hus lived aurtug the lant yews; aed bir hast hay been so loug as it Bow Us, that if ny to shows & bu! will, © may gu oo 80 for & Jeugta of & Tete true that Teudten ty must be wither const threat nec or Aunt me Veuviia. UL, Unies au ime tars atvack be muds by the Telians agaluet Veniee, there iv no reason why chat diemiuns shoud not bo solved im three moatha, cacher than in tom yours, Count Cavour wil at attack, and we doubt whother Garibalet, it he wiahes to do ss, will leave his tsiand of Caprera avu throw hitaset on Vouetia se -eutt ty as he loft Genoa to Lew tu sicily. it may cherefore hip pen that the surg, although looker! firyware to win so much uneicty may produrr noihang, wad tant, mnurevver, i he best thing tv can bring The New King of Prassta, [Corresponueuce ot toe London Telegraph. } Brats, dau, 2, 1861, Friedrich Wilhelm Ludwig, Prince ot Prussia, Regent, and ut prevent King 0! the grow: Protewtant Powor ot tne Cootinent, was bern at Berlin oo he 224 Marea, 1797. The earlier portion of tw youth he spent under che im- mediate careot bie mother, the adored Queen Louta, With ber wnd the reat of al family, the youthful prince, after the defeat of tho Wrugsian forces At Jona, Hed to the easter confines of the Kingeom, aud on tie resumption of hustiuties followen his father and eller brother to the camp. The Priuce was present in rome Of the Rauguluary orgagoments which preceded tbe fat of Napoloun 1, andtrom bis early acquaiatunce with the muitary profeevion yeoms to have acquired that lows ror the army fOr which be ts ulwaye beeu distinguished throughout Ide lite (udeed, the twenty-five years left tw hie alter the re-estabiisho.out of , Frederck Willum Ludwig appears to have devoted almost entirely to the study of war, and uh werinteudeuce, ia Lbeir nicest details, of the military: father si rangements of his own Comniry. After (le death of his father, the Prince, then the leit peeeumptive to the crown, attained ty the title of Prince of Prussis, im ao- cordanes with the laws and family utes of the Hohea- goliern dynasty. The chauge, however, did not affect his rolation to tho occupant of the throuo, the Prince bet we little consulted on State affairs by nia bizh flows ana enthnsiastic brother as be bad been by fue sober, old fashioned ana grumbling father. strange to aay, Frode rice William Ludwig, in the oarltor portion of his orothec’s reign, was conauigred Wo incartian® Av arisiworn. by Vreoertck Witham IV. to be resorted to as an advisor on matters of political moment; while ever since 1648 the King, who had uow totally receded from the liberal arptrations of bie youth, did not like ty confer with a brother whore views were too broad not to wlops In a degree the prevailing tontoneles of the neo, I need bot nave nt erggt leogeb to the pecullar pars taken upon hums Lf by tho during and after the (cvublusome 1 elopewent. of absolutism, the Prince, in the revolutionary period. Tt is well known that BAS, inorder to free the King wo snnguieasy onsties oe the people and t-oops—a caafhiet of both he i 5 3 & 13 course of six or seven years, conve himseif into an equally sincere and up- Fight adherent of cvustitutional government. States y ¥ 5 Frederi William, was entrusted to Dr. Curtius, a scholar of weil- known liberal principles; and tho father of the pupil, 80 it used to be rumored in’ Berlin, never failed to attend the historical lectures delivered to his son by men of auch advanced convictions as Droysen and Raumur. All those acquainted with the personal charactor of his present Majesty are unanimous in the belief that the change in bis views and opinions is chiefly the reault of his own continued studies and the peculiar modesty of his character, which, while it does not take anything for always accessible w the Lions ormation. ‘Tnis lod with great power of will and the manliness of « true gentle- dia not fail to produce the effect upon his mind which Prussia, and. indeed, the whole of Germany, have bofore this had overy ‘reason for congratulating themselves upon. 6 would be ungrateful on the part his sunjects to forget the benedcial influeace exercised upon jeg MD accomplushed lady. Maria Louisa Augusta ina, Duchess of Saxony, and sister cot the present Grand Doke of Weimar, was bor on the 80th September, 1811. As the daughter of the Grand Duke Carl August—toothe’s Carl August— the princess was, 80 to speax, born and bred in the tradi- tiuns of literature and intelicctusl enlightenment. A libe- yal before the advent of a more liberal system in Prus- sia, and an enthusiastic advocate of the unity of Germa- ny long before any personal ambition of his could be couneoted with the pian, the illustrious lady may be sup- posed to have greeteu the growing liberalistu of hee hus- ‘with feelings of no common satisfaction. Like the Prince Regent, she was po frien i to the Manteuffol ays- tem, and eventually preferred to spend almost the whole of the year at Bonn, rather than adorn the Berlin Court with her . The Prince himself, altough detained in the capital by his rnilitery duties, frequently visited the town she had selected as her of residence, and did not—it is necessary to give this addi- tioval feature of the stato’ of things—during his travels to and from Berlin always meet with the reap sot due to his position from the inferier iuatruments of the “system,” since tae accession of his regency the spirit Cary Chi sieyeers chi nate ‘on hee and re- spect of ali right mi iticians in Gert q ‘The present King ‘and (ooh of Prus@iv are both of then tall and majestic In person, As the good old goldicr which he is, the King is very military in appearances, Deuring bis sixty-throa years with tho vigor and crect peas of a youthful oosign, and hiding under tho martial charactor of his jeatures the wrinkles of ad- vancing age. Hor Majesty has been a brilliant beauty in her younger years, and notwithstanding tho ailments to which she has of late been subjected, continues to look hike a well conditioned laay of about forty, Besides the preeent crown Prince, the marriage of tba royal couple has boonfblessed with an only daughter, the reigning Grand Duchess of Baden, , To-night’s Slaats Anceiger contains the following offivial announcement — It has pleated God Almighty. to alt from this world King Frederick Wilham IV. of Prussia, Tt hus not been granted to the prayers of his loyal people, to the urdent potitions of lis Musas house, and the devoted and seif-sacrilicing mina tration of his august spouse, to soe the late king recover frown the fecton of the brain, showing fhe inc progress of the destructive diveace, and each time ieay Ing behind them » vew and prolonged Interruption of the facu'ty of movement, os also of sensation and memory. Gn the 2th of last month, at eight o'clock in the oveuing, after his Majesty bud for some weeks displayed load Imierest in “What took place arvund him, aud. shown much greater depression and weakness than before vomitings took place, which were reneated daring the mght and the icliowing day. A somi.somnolent atato succeeded, from which bis Majesty was not to i.wake again, On the evening of the lst tie action of the tunga deeldodly werker. The death sirugsie lasted until this morning, at forty minutes pas: twelve A. M., the royal sufferer being Perfectly unconscious snd breathing iis last without pain, With ‘the sorrowiul tears of her Majesty the Queen Dow. whom God give the power Lo bear up against her nt—with the deep adliction of the royal Was granted to kuow the Lane tne narch in all ite richness, in thet house, to whou departed im the monruing of a whole people. Im their deceased King the Vrursinu po. ple loved and auored the believing and humble Christian, who bas full ed his vow of serving the Lord, the inistrator of the 1 offiee, fully con. wen ty auides, and the rulerof mild disposition, who did not disdain to bebave with Kindtinces aud aiTabiliy to the jowest. The covntry looks forward with contidenc relgn of bi Majesty King William, whom the Lord has called te be the successor of the King realing ia . The duties uments are not unkoowa to bin. In difieultand critical times he has administered the Kegency in the name Of the jate King ‘The country Knows that ite destinies are pisced in a strung ana just hand, and confidence with which ali thi looked upon tho truthfuin Kogent, wil! also surrou w Witian. od save the King. In another pubiic order, William, Prince of Hohenzol orn-Singmarin, tho President of the Cebinet, enjoins a general mourning for sixteen ¢ The practical weight of the command immediately Dears upon theatres and o°- ficaais only. ‘The former have vo close for the tine ap. pointed; while of tho lattor the higher clapses, at least, havo to drers in black. Otticials of lower degree are only required to wear a picco of crape round the left arm. The proseut King is tho first of Uae name of William in Prussian bie Although baptised with the names Friedrich Wi Ladwig, be has ¢dstained from assum ing Uhe traditional appella f i’rossian monarchs, at the crown devolves upon bim as % younger son. In’ his ‘amily he has always deou addressed by the name he bas now choses, the diminutive Fritz bewag reserved for thé other Frederick William in the family of the late King nd trast to the he expect, Love aid of Fatheriand have 8, the consclentionaness of the throne of his Majesty King zzini on the Future of Italy. M. Maz7mi baa written a letter to a trie on tho future of Italy. He ts int lished statements which ha ourreat ia Boglaad and elvewhore, aliegiog that a red ropublican agitation, Orguuined under his partion at swas fomeuting im Sardivia, He says they exerted themselves prominently for the annexation of Central July, in opposition to Lona. partist intrigue. y initiated the Sicilian insurrection, hi id have been no field ‘ee aad indepenstont cannot oO Heges there wo ‘hey wart une italy t from ali Garibaldi 12 ungratofuily troates—! io of ali powor and driven ia bitternes to . He wants his party to emancipate themseives from the overwhelming iniiuanee of Napoleon, and thon geek on to revite incidents of that movarch’s bad faith nd propagandem. Mazzini wants to Italiagize Pied mont aud io have a natural compact harmoniazing the * apd juterests of all the Itauan imces. ‘The let. ir peculiarly interescing, siace it emonatos from the “ut lewior of the red repablican Italians, and of whom much bas recently been publamed. France, ‘The Momieur of the 6th inst. pnbdlishes a decree mort fyivg the dubes om the importation of raw snd dr, ot ali kiada of horsehair, seeds, oloagl- seeds, Lomyp, flax, and other flamentons ‘vegota- ales of copper, pewter, lead, Ae, Tt alao contains @ TaMIng Lhe interest Gu Weusury Dilts to 8, 34 and ( respectively Ut a cas that, on account eath of tho hing of ussut, the ball at the Tuile- few Las been pre: pore Negetinte os © (woop France and Sard neere ® Gacta lave deen opened bo a. Austria, Prem, Jan. 6, 1661 Yesterday ‘isturhaoces took place at Kerskemet, whieh neconaitates the intervontion of the garrison, The soldiers were compotlod to iaske use of their fire aro, and dive persue were soverely wounded Th vonse quence wnpsers, Jan. 6, 1861, The Count of Flanders, necompanied by two superior » fe Oxpeoted U Tureday next at Herlia, tenors of the f ath of tho Inte King .and to late the King of Prussia on his aecoxston to tho throne. Russia. Adwicce from St, Potorsbarg tate that the Emperor of Ravww bas doeided on granting to the kingdom of Potaad & conetitnt on destined to seowre the autonomy of that pert bi tates, which will be thus subjected toa special regi ¢, similer to that ot Hungary with regard to the kmpere of Augtria. the letters in question declare that ne coult existe as to tute reform, which has been oconled on i princi ad Will very soon be cart: into execution. The Very Latest. ITALY. Rows, Jan. {, 1801 This being New Yoar's day, the Vopo received the French officere Geveral Goyon, foliowm orders from his govornmont, made pe political allosions in his epecch on the occasion. is Holiness expressed hw approval of the expeditions to Syria and China, Fis Holiness also suid that in defending Gacta tho Franch flee: servew a jumt and holy exnse ‘The Yopo avoided Making any other political allusion, and suid nothing concerning the mae — ‘The Hone publishes « dew ating that the Frsuseonney Council had tondered. tts cesighation. Tho ‘Turin Journals publish a lottor from Gartbaldi, ia which he renounces sny intention of offering himself ax a candidate for the post of Deputy Wo the Italian Partia- ment, mud advices concord in order to arrive at the do- liverauce of Venice. Markets. LONDON MONEY MARKBT—JAN, 6—#VENING. The hoglish funda opened with duliness this morning on the Kank return and the expected Indian loan, and ro mained without revival. Tho tolegraphic deapateh from Jombry alo bad an adverse effict. Consols, whieh closed ventorday at 9244, wore quoted 924 a >, throughout tho day. For the February -ocount the transactions were ab 92% & %. Bank etock loft off nt 282 a 224; rednoad and new three per soate, OE © Neg suaee stock, 96% and ; Iodla bonds 10s. a 60 discount, and ixchequer bills, Se. discount to par. Ty tho discount market the demand to-day has scarcely exceeded that of an average Saturday. ‘The transactions 1 toreigu stooks have been unimpor- ‘joes generally remain without Turk- ) gh-gh- —— srore dull ob 7046 t@ Tt, 56% te BT. Mexican was negotiated for the aoodunt at 21%5 Pertugueee, for the acvount, 4434; , for count, 49; Turkieh six per cents, we for'the scoount, Sox. four per conte guaranterd, 02; and Venezuels three per cents, for acovunt , 20%. ‘The last price from Paris this evoning was 6Tf. 60e., ebowing a further fractional recovery. ‘No gold was tuken te the Bank to-day. ‘The Asia to-day, for New York direct, has taken £330,- 000 in goid. A considerable portion of this consisted of recent arriv..le which had vot beoa carried to tho Bur , aad some wason French and German accounts. American railway securities on the Siok Exchange were dull. flinois Centrai shares, with $40 paid, ined 2834, 28 discount. New York aud Erie assented bonds brought 63, and the shares 35 a 354;. the thunder shower of Wednosday, Loomis, in Bloom! were shattered by it, boards were pee was torn from the wall and picket feno) im t of house was splintered. Two ladies sitting Ia one of the rooms, upon finding the lively visitor within ten feet of them, fainted, but were not in- jared. In addition to this, the tiuid went into the well, ‘which has since refused to yield any of the aqueous cva- yenleace for which it was specially designed. Ivrense Coup.—In Montpolior, Vt., on Sunday morning, the thermometer indicated forty degrees below zore. FINANCIAL AND COMMERCIAL. Senpay, Jan, 20, 1861. The forcign trade of the port commences the year with a brisk movement. Notwithstanding the troubles at the South the imports to date are in excess of those of last year to the same date; the exports of produce ure nearly double those of the first twenty days of January, 1860, and the ex- port of specie nominal. There is a general im- pression that, whatever may be the result of the present political imbroglio, New York will doa good business this year with the Western and Northern country. It will of course lose trade with the South, but the increase of trade with the West will be large, and consequently a fair import ’ business may be anticipated. Cotton is moving forward more frooly, and the demand for cereals is unchecked. The Custom House tables of the trade of the port for the week and since Jan. L compare as follows with tho tables for the cor- responding period of tho two past years:— Larorns. 1859. 1800, 1861, 2,671,588 1,978,708 Bor the week Previously reported, Since January 1. Exeufiss For the we he beavy suffering imposed upon him by the inserutable will } vem, Previously reported. 1012/527 Since Janvary 1,..$1,952012 2,637,726 5,019,170 FExvorm ov Srvc, 1800, 1801. For the week... 83462 22 856 Drovionaly repor: 85,080 None Sinco Jannary 1...$1,300,000 178,562 22,806, The banks continue to gain specie, Last Mon- ie average equal te ‘ Since then they have received from abroad about, 2,000,000, the bulk of which, how- ever, haying oniy urrived én Saturday morning, will not affect to-merrow’s average. As all the averages for some time have been rising, a fair increase may, notwithstanding, be looked for to- morrow. The Sub-Treasnry lost money during the week, the balance standing yesterday at $2,166,242, against $2,584,455 at the close of lass week, and $7,761,594 the corresponding date last y it is probable that the United States is richer in specie et the 7 time than it ever was before. In 1s68, when the New York city banks accumulated so muc vecic, the rest of the county was draived of gold; many substantial towne in the West did not contain @ thousand dol- lars in specie. Now gold is circulating freely thronghout the West; the New Orleans banks are exceedingly strong, and there is more gold on the Mississippi than there ever was before. ‘The loser by our gain is Hurepe, which i+ losing considera- ble bullion to this country. ‘The last loans average of our chiy banks was $129,125,515—e decrease of #4 frem the week provious; at the corresponding week last year tho banks had loaned out $12%,552,414. A movement is on foot, which will probably be successful, to extend the time for the or cont régime from ist February, as originally agreed upon, to 16th March. The object of this is to spare some weak banks the necessity of onrtailing too suddenly. The week closed uper am easy money market. On call money :perabundant at 5 per ecnt. Paper that people are willing to buy is scarce. Strictly prime can be sold at 7 per cent. Good business paper, with two well known names and free from taint, goes at8al0a12. But great re- Iuctance is exhibited in handling the paper of houses in the Southern trade. One large dry goods house in that trade lately sent out $200,- 000 of colle snd only received $2,000 ia cash. From all parts of uke South, inoludiag gis’a, the report i the same; people have ne money aud cannot pay. ne result isa general unwillingness, both at bank and atthe discount houses, to purchase the paper of firms whose means are supposed to be invested in cloins at the South. We ave again witnessing the singnlar phe- nomenon of meney being cheaper in New York thas in London. The Inst time this anomaly occurred it was due to the falling off in our imports; it is now due to the exoess of our exports. Untess some new speoulations should arise in this coua- try, it seems probable that New York will this eummer send money to London to be loaned ont on interest Foreign exchange rose again last wook, and closed firm at 106% for sterling 60 day bills. The advance is duc, nut so much to aay increase of inquiry, 28 to a diminution of supply. Most of the leading banking houses have ceased to pur- chase cotton bills at the Southern ports, and the supply of exchange from the movement of pre- duoc from Northern ports does net suffice for the ordinary wants of the city. A furthor advance ia bills is anticipated by many, on the ground that our shipments of cotton are so much behind last year—some 716,000 bales. The following table will show the conrae of @e stock market for the past woek and month: Dee, 28. Deo. 29 Jun. . Jan. 12. Jan. 19. Mieroori '....5.. 68% OT «BM BT my New York Gontral. 4 T= 78M& OTT az soe 6 a Bo RT 26% ATK OBST awe 1 48% 56% «ba wy Bix 35 a 3 69% TO Tey oe cy « wy be 9 a na 116 ’ 43), 49; Puctiic Mail....... 81% 88% os Stocks haye risen considorably since last weok, aa the above table shows. The advance has beem based partiy on the handsome earnings of the Western railroads, which are doing a far better business than usual at this season, hut more df- rectly by the general be'ief that some setienens of the pending political dificnities will shortly be reached at Washington. Rumors in abundance are afloat with regard to the terms of the settle mept, none of which deserve repetition here; bat the general fact sooms to be taken for granted om all sides, and this eucourages speculators to buy. Jt may fairly be questioned whether Wali street is not somewhat in advance of the fyota im aa suming that our troubies are over. So far an political events go, nothing. naa occurred which | justifies any such belief. There is nosigmof yield. | ing ov the part of the ropnblicans in Congroes, and the action of the Northorn Legislatures is not calculated to stimulate them to concessions, ‘There is very little practical comfort to be found, in this direction, in the messages of the Governers of Maine, Massachusetts, New York, Pennsylvania, Ohio, linois or Wisconsin, or in the proceedings i of the Legislatares of these States, On the \ hand, these axe ne sigua of faltering among | — ae