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4 NEW YORK HERALD. Orrick NW. © ‘on the 1 $100» HER. ONDENCE, containing importynt ter of the world; 1f used, will be POW ELUN CORRKSPONDENTS ARE SwAL ALL Lerrens axp Pack: 1 Yor, wa Own y Requestep x yinous correspondence. We donot with nedtness, cheapness and do- AMUSEM TIS EVENING, ACADEMY OF MUSIC, Fourteenti street. —Tracian Ore’ BA—Lecia pr Lasienmoon. NIBLO'S GARDEN, Broadway.—Tux Gcaputon R GARDEN, Broadway, opposite Bond street.— Suocking EVENts, BOWERY THEATRE, Bowery.—Afternoon—Eaueernian Prnrouwarcks. Aiernoon—Tuv0o Saib, OR THE STORMING OF SeuincaraTam. WALLACK’S THEATRE, Broadway.—Twx Lapr or Sr. Trores, LAURA KEENE’ THEATRE, No. 64 Broadway.— Bevan Surtees. NEW B30WERY THEATRE Rowery.—Mysvi Misaxies or New York—Toopiys—Cuvss any T BARNUM’S AMERICAN MUSEUM, Broadway,—Day and Eventng—Josaru Axp Tus Bastakkx—Living CyRiosi- mies, a0. BRYANTS' MINSTRELS, Mecuanies' Hall, 472 Broad- way. —Bontesqves, Sones, Daxcxs, &C.—Soraek D'Bruiore, axD HOOLBY & CAMPBELL's MINSTRELS, Niblo’a Saloon, Broadway —Ermorian Sonds, Dancys, Suninsqcus, do.— Fauncniian axp His Monkey CANTERBURY MUSIC HALL, 663 Broadway.—Soxas, Dances, Buruesques, &c. HOPE CHAPEL, Broadway,—Rev, Peer Caxtwniast’s Becony Licrone. WASHINGTON WaLL, I Brit's MiNsrneis—B UKLESQU New York, Wednesday, January 23, 1861. The News. All danger of an immediate collision of the ' Convention, which meets at Albany on Thursday next, to consider the state of the country. Tue republican members of the Legislature held ® cancus at Albany last evening to decide on their future action with regard to conciliatory measures | towards the Sonth, and it was voted, almost una- ninously, not to propose any compromise, In the Stale Senate a large portion of the sea- sion yesterday was consumed in the debate on the City Chamberlainship. Resolutions were adopted, ' by a vote of 27 to 1, approving the action of the | berder Mave States in the present crisis, and eulo- «izing the conduct of Governor Hicks, of Mary- + The 5:h of February was fixed upon as the | time for the clection of a United States Senator in place of Mr. Seward, In the Assembly several “local bills were passed in Committee of the Whole, and Mr. Birdsall, of this city, from the Committee on Federal Relations, made a minority report, which, and the majority report, were made the H special order for to-morrow (Thursday) evening. Both houses received from Governor Morgan the resolutions of the Legislature of Ohio againsi se- je Ceasion. . The steamship Marathon, Captain McArthur, from Liverpool on the 8th inst., arrived at this port early yesterday morning. Her advices are one day later than those by the Teutonia, and, ia a financial point of view, are important. On the 7th inst. the Bank of England advanced its rate of interest from six to seven per cent—a point higher than has been before attained since the panic of 1857—causing a slight decline in consols and affecting all kinds of business unfavorably. The unfavorable news from America is reported as the cause of the stidden advance, the unsettled state of affairs in this country creating great un- easiness in commercial circles. The siege of Gaeta was progressing slowly, It is reported that some high officers of the place have opened propesals of surrender to Cialdini, and that he has refused them. He wishes for nothing that smells of treason, The iahabitants of Gaeta have all abandoned it. The London News of the 8th announces that the French government have offered to withdraw their squadron from Gaeta, provided the Italian army will suspend their fire till the 18th or 19th, after which, it is understood, the Sardinians can open the bombardment from the sea. We publish this morning an interesting letter from Garibaldi, in which he reaflirms his intention to invade Venetia in the spring. federal and State forces at Forts Sumter and Pick- ens isatan end. It is understood that peace shal! be preserved until the 4th of March. Whether the armistice will continue after that date no one can predict. The House Navy and Army Committees are, it ia reported, engaged in the preparation of bills placing both arme of the public service ona war footing. The enrollment of volunteers will be re- commended, and also the construction of a number Of light draft steamers for coast service. Mr. Dix, Secretary of the Treasury, has com- Municated to Congress a statement of the actaal tion of the Treasury. He estimates the necessary prior to the Ist of July next, in n to the accruing revenue, at twenty mil- dollars. He also suggests measures to * money, and, among other means, refers surplus revenue deposited in the States in 1636 as a specific fand which might be pledged or Tecalled Tn the Senate yesterday a number of petitions in favor of the Crittenden adjustment were pre- Gented. Ona motion that the Vice President be authorized to fill the vacancies in the standing committees caused by the withdrawal of Senators from seceding States, a long and interesting dis- cussion emsued. The Vice President said there Was no record on the journal of the absence of any Senators, that he had no notifieation of the fact, and the names were still onthe roll. Mr, Trumbull thought the names should be stricken from the roll, while Mr. Hunter did not understand that the seceding Senators had resigned, as no resignation could be made unless in writing. He thought those Senators still subject to the call of the Senate. Finally Mr. Seward moved to lay the whole subject on the table, and the motion was adopted by a vote of thirty-two to twenty-two. Mr. Crittenden’ resolutions were then taken up, and Mr. Powell, of Kentucky, spoke on the distracted Condition of the republic. The session closed with colloquy between Messrs. Wade and Mason, re- Specting the refusal of Ohio to deliver up to jus- tice parties implicated in the John Brown foray. In the House the Chairman of the Post Office Cowmittee reported back the bill authorizing the Postmaster General to suspend the mail service in Seceding States, and urged ite passage on the ground that itis the imperative duty of the govern- ment to discontinue the postal service when there fis no means of protecting it. Mr. Stevens, of Pennsylvania, proposed @ substitute, authorizing andjempowering the President, when he shall deem In all the counties of Hungary the elections of “Commissions,” as they are called—a sort of coun- ty Parliament—are taking place withthe greatest regularity, and, of course, the men elected are of proved patriotism. In several counties the pa- triots who are in exile, and among them Kossuth himself, have been chosen. As the period fixed by the Convention of Paris for the evacuation of Syria approaches, the Em- peror Napoleon's reluctance to withdraw his troops increases rather than diminishes. Accord- ing to the Pari correspondent of the London Zimes the English government has vigorously re- monstrated against any attempt to continue the occupation of Syria by neh troops, The-Board of Supervisors met yesterday, Presi- dent Stewart in the chair. A veto message was received from the Mayor on a resolution that was adopted by the Board to the effect that the Comptroller be authorized to draw his warrant on Nathan C, Platt, the late City Chamberlain, for “the total amount of money in his hands belonging to the county, and to deposit the same to the cre- dit of the county. It took the usual course. The special committee appointed to investigate into the action of the Commissioners of the new Har- lem bridge handed in their report, which was re- ferred to the Corporation Counsel for his conside- ration, Other reports were presented, and the standing committees appointed for the ensuing year, when the Board adjourned until next Tues- The trial of Josef Varrona, which has been going on in the General Sessions for four days, was brought to a close on Monday, when, at a late hour, the jury rendered a verdict of “Not guilty.” It will be remembered that he was charged with forging a draft for $2,000, which purported to have been signed by Josef Pedrahitta, and was offered to Story & Stevens for payment. When the jury announced their verdiet the wife of the accused, a Cuban lady, evidently possessed of much refine- ment, fainted in the court room, but soon recovered from the shock experienced on hearing the gratify- ing announcement of the jury. Sixty thousand persons were present yesterday on the ice in the Central Park. The pond was lit up at night, and nearly twenty thousand persons, one-sixth females, enjoyed skating by the calcium light. The excitement wasunparalleled. Several serious accidents occurred yesterday. The foreign news received yesterday bad a tendency to check gales of cotton and to render prices somewhat irregular. The light stock on hand and moderate receipts tended, however, to counteract the effoct of the news. it necessary, to suspend all laws and parts of | The sales embraced about 800 bales from store and chiefly to laws establishing ports of entry and collection istricts in Sonth Carolina, Florida, Alabama, Mis- spinners, Middling uplands closed at about 12. a12\c., while come brokers quoted them at 12'jc.a12%,c. The sissippi or any other State that bas now, or may | Teceipte at the ports since the first September last have hereafter secede, or be in rebellion against the United States, and to continue such suspension until such States shall return to their loyalty to the United States. The President shall give notice of such suspension by pro- clamation, and such suspension shall com- mence ten days thereafter. During the suspension it shall not be lawful for any vessel, except Buch as belong to the United States, to enter or leave any such ports of the United States for for- eign ports or coastwise. If any veesel shall be found violating the provisions of this act, such vessel or cargo shall be forfeited, one-half to the @aptors and the other half to the United States; and those on board any such captured vessel shall be tried before any Admiralty Court having juris- diction. The President shall also have power *to suspend all laws establishing post offices and post routes in any of the seceding Btates, and the mails shall be carried only to the lines of such States, except where it is necea- to pass through them to reach a loyal State. | ‘The mails shall not be opened in a rebellious State, | And it is further provided that the President have power to use the army and navy for the execution of the laws, The consideration of the bill was then postponed until Thursday week. The considera- tion of the report of the Committee of Thirty-three ‘was then resumed, and Mr. Bingham, of Ohio, and Mr. Clemens, of Virginia, made speeches on the crisis of the country. The remarks of the latter bpeaker were strongly anti-secession, and created ® lively sensation among all parties. The preparations were continued at the Brook- tyn Navy Yard yosterday to repel any attack that might be made by a mob. The guns of the North Carolina and five twelve-pound howitzers were placed in position to «weep the whole of Wallabout bay. The military and extra force of police were, however, withdrawn, as no imme- Giate attack was anticipated. Thirty-eight cases of muskets, containing two dozen each, six large kogs of musket balls, and two tierces, supposed to contain kegs of gunp: Ger, were yesterday seized by order of Su: tendent Kennedy, of the Metropolitan po They were taken from the steamship Monticello, Jying at pier 12 North river, and ready to sail for Sovannah. ‘The steamtug Pope Catlin last night took from in the pier foot of Whitehall street fifty United | Bates troeps to Fort Hamilton. They came from ‘West Point by the afternoon train. ‘The Mozart Hall General Committee held a spe. @ial meeting last evening, at which a resolution ‘was arlopted calling upon the democratic electors of th to choose four delegate m each of que A y districts of the city to the Union reached about 1,998,000 bales, against 2,610,000 in 1860 und 2,190,000 in 1869. The exports within the same time have reached 1,295,000 bales, against 1,452,000 in 1960 and 1,107,000 in 1850. The stock on hand is 640,000 bales, against 1,043,000 in 1860 and $70,000 in 1369, These figures exhibit a decreavo in receipts over the previous year of 622,000 baler, in the exports of 157,000 do., and a decrease in the stock on hand of 405,000 balee. Flour was depressed by the foreign news, while it was tolera- bly active. The market closed at a decline of five cents per barrel, and on some few brands of Western the falling off amounted to os much aa ten cents per barrel Wheat was heavy and dull, while sales were made to a fair extent. The market closed two cents lower for common and me- dium qualities, Corn waa dull and lower, while sales were modorate. New mees pork sold at $18. Sugars wore steady, with sales of 600 a 600 hhds., at rates given in another colimn. Coffee was quite steady, with salos of a cargo of 2,700 bags Rio at p. t. Freights were firm for Liverpool and London, with « fair amount of engage- menta. Tue Loxpox Monty Marxet.—The prospect of war in Europe this spring, and the troubles in our own country, are exercising a significant influence over the English money market. By the Marathon, which arrived at this port yes | terday, bringing one day's later intelligence | than that previously received, we learn of a | further advance in the rate of discount by the Bank of England. The rise, which took place on the 7th inst., was from six to seven per cent, and by its unexpected suddenness was severely felt, and created considerable sensa- tion in financial circles, causing an immediate fall in consolsof a por cent. Railway stock, both British and American, suffered an average depreciation of 1°4 per cent, and a correeponding rise of 1 per cent took place in the general discount market. The imme- diate cause of the advance in the Bank rate is ascribed to the news from the United States, which induced an impression in. | that further shipments of specie would be made | to New York during the week. But there is | no doubt that the necessitous condition of the | Bank of France, which is almost equally with the Bank of England affected by the panic, as also the apprehended war in Italy, had much | to do with it, The movement appears to have created no dissatisfaction or symptom of panic, althongh some slight uncasiness was occasioned by the apprehension of further strong action becoming necessary on the part of the Bank during this struggle for gold between England, France and America, ' ever gan be applied (o the political tnalac y _ NEW YORK HERALD, WEDNESDAY, JANUARY 23, 1361. rh, Who Ballt Up and Who are Destroying | Our National Prosperity, Eighty-five years ago, the population of the United States, numbered little over three mit- lions. According to the recent oensns, it ap- pears that the Stutes and Territories, in 1869, contained thirtyone millions of inhabitants. Our national wealth, at the time of the declara- tion of the independence from Great Britain of the thirteen colonies, was small. The flag of the country is now carried into every part of the world; our means of inter-State communi- cation have been created at an expense of thousands of millions of dollars; the agricultu- ral, manufacturing, commercial and financial prosperity of the republic, are the wonder and admiration of every quarter of the globe. The energy, enterprise, skill and industry of our citizens, both North and South, have made us the equals in power of Great Britain and France; and, did we but remain true to ourselves, we should continue to be invincible against at- tack, and self-sufficient for all purposes of in- ternal and external progress and aggrandize- ment. Yet « canker has slowly and surely spread within the last few years, threatening to devour the confederation politically, and to destroy it by the most rapid decay known in the history of nations. To whom has our unex- ampled growth as a people been owing, and who are they whose intrigues and ambition are undermining it? Are the hands that built our political edifice with so much wisdom and sa- gacity, now turned to rend it to pieces, or is the suicidal crisis which convulses it, and which is hurrying it to ruin, attributable to a different class of society? A careful analysis of the State of the Union must convince every candid mind, that five- sixths of those within its limits, who are en- titled to the right of suffrage, are in favor of its preservation. Out of the forty-cight hun- dred thousand voters in the country, probably not over quarter of a million are engaged iu the pernicious work of mischief, which threatens us with civil war, bloodshed and the corollary horrors which sectional strife may engender. The vast majority of our citizens are law abid- ing and peace loving. They view with dismay the approaches of a political hurricane which, if permitted to rage, must shake the fabric of the liberties which their forefathers purchased ut such a cost, to its very foundations. They consist of the moneyed, hard working clements, that constitute the worth, intelligence, integrity and patriotism of both the slaveholding and the non-slaveholding States. The planters of the South, including those in cotton growing districts most interested ‘in fostering African slavery; the manufacturers, merchants, finan- ciers, farmers, mechanics and honest laborers of the North, are, as classes, alive to the perils which surround them, and prepared to use every endeavor to avert them. They are, and ever have been, the bees in the national hive. Those who are occupied in the treasonable work of overturning it, and wasting the fruits of the toilsome labor of nearly a century, are drones, who have preyed upon it from the be- ginning, but have never contributed any share to the general good. The Astors, the Taylors, the Laws, the Van- derbilts, the Perits, the Stewarts, are always conservative in their sentiments. Sometimes, they may seek for an undue monopoly of power, and resort to means of acquiring wealth which trespass upon the rights of others around them; but to them, and the industrial masses, higher and lower in the scale of society, is the strength owing that has made America what it has become. Mercantile, railroad, steamboat, manufacturing, mechanical, agricultural enter- prise, have laid the corner stone that upholds the thirty-three Corinthian pillars of the republic. They are the mighty heart from which ebbs and flows the life blood of the nation. If they were as strong and united politically, as they are in mutual commercial trust, the bonds that unite the States together could never be sundered, and the Union would be imperishable. Unfor- tunately, their eyes have been too much turned downwards, and neither upwards nor around them, within the last thirty years. They have adopted as an axiom, that the prosperity which is, must ever be, and have forgotten the sacred duties which, as citizens, they above all others are called upon to perform. Neglecting to vote; abstaining from the continual, critical study of passing events which was esteemed a religious obligation by the Hancocks, Adamses and Quincys of the time of the Revolu- tion, they have fallen into a deadly apathy, and alienated the influence they legitimately possess, The consequence of their neglect was not at once apparent. The social system felt no pain, and the encroachments of the deadly disease under which it was laboring remained unheeded. The time of anguish and trouble has, however, come at last, and it is the ques- tion of the hour whether it is too late to apply a remedy. It is only necessary to look towards Wash- ington, to understand into what miserable, irre- sponsible hands, the rule of the country has now fallen. A desolate blank is beheld there of every noble impulse from which sound and healthy legislation should proceed. The repre- sentatives of the Southern States, are many of them the creatures of a truculent mob, the inmperious, domineering, insolent, shallow-pated demagogues, whom the surface scum of socicty in the slaveholding States would fitly choose to hector, bully and bluster for them in behalf of disunion. They are not the statesmen of the communities from which they come; neither do the planters and cultivators of the soil who own the negroes of the South, bestow upon them their confidence. Empty in pocket, brain and character; with everything to gain and nothing to lose by disorder, they agitate per- petually for the purpose of keeping themselves before the public. Incumbents of office at and from the North are equally sunken in the moral and political scale. Look at them, and study their past histories, ome by one. Peculators, speculators, venal slaves of lobby schemes; the meanest, vilest, most degraded caterers to the latest and most absurd passion, suggeded by clergy ambition or local greed of pelf; they see the anarchy towards which the country is hastening with gigantic footsteps, but make no . attempt whatever to prevent it. They not only interpose their “little brief authority,” asa screen between the popular voice and a peaceful set- tlement of our national difficulties, but they strive to increase them, and to hurry the North and South into acts of violence which shall array one section in arms against the other. The destruction of our national prosperity, if it takes place, will be their act, and the guilt will lie at their door of the foulest acts of treason and crime that ever were consummated Tt has become evident that no remedy w under which the Union is laboring, excepting by the people of the United States themselves, Let the integrity and intelligence of the coun- try, both North and South, take every occasion of making themselves heard, and a final check be given to the demagogic sway that has lately prevailed. If it cannot be doné with effect any sooner, let the State elections which will speedily take place in New England, be the point towards which conservative citizens shall rally, to rescue the country which they have built up, from the cbaos into which sectionalism, inspired by those who find their profit in whirlwind and desola- tion, would cogulf its prosperity. New Vork Bankers and the Movement of the American Cotton Crop, When the banks of New York concerted measures to preserve their specie status, and thus associated their credit and wealth and in- fluence for the protection of the business in- terests of the city, they did a good thing, and did it thoroughly, The effect of their action was immediately manifest upon public confidence. We have so far weathered the storm. We have been able to hold on to our specie, i to give to the revolution of 1860 a direction anda significance which, if used aright, may be turn- ed to the good account of the whole country. But all was not done, necessary to do, by the protection of our specie basis and the preser- vation of the cash convertibility of our bank notes. The crops in the two great producing districts had to be moved forward. Prices and political circumstances acted favorably on the grain and provisions of the West and North- west. In consequence, we find our trade rela- tions with the grain and provision producing States in a healthy condition. But we are not exclusively a grain growing nation, We have another interest, an imperial interest, and one which requires on the part of our bankers the utmost amount of attention which they can bestow upon it. New York has for her own, and as the medium for European ac- count, and for which she is responsible, a tre- mendous stake in the cotton States. The im- mediate movement of the cotton crop into the foreign market is a question second in import- ance only to the disruption of this Union. For upon the immediate movement of that crop depend, in a great degree, the means and credit of those who have transactions at the South, and it involves also the question as to the future position of this city as the money centre of the world. The tendency of the political revolution seems to be in the direction of a permanent dissolution of the Union, unless checked by conciliation and compromise. The indications as to public feeling North foreshadow a fixed determination to uphold the government. If by coercion, the South will meet the policy with armed resistance. How the struggle will end, if once begun, we do not purpose now to consider. Itis enough for us to know that nearly three million bales of cotton will, in such an event, be locked up, as valueless as 80 many bags of sand, and that a general bank- rupt law in some form at the South will, in all probability, sweep away the enormous debt due to New York. Our great customers in Europe cannot do without this cotton, our bankers cannot suffer it to be moved through a new credit arrangement over the head of New York, beeause it is already hypothecated here, and our merchants cannot afford to suffer such a loss as is involved in the practical repudiation of their outstanding debts, based on the conversion of the present cotton crop. As the case stands, there is danger that the American cotton crop, to the extent of nearly three million bales, will be, through a variety of causes, held back at the South until a cotton fumine sweeps over Lan- cashire, in England, and the other cotton consuming districts of Europe, or until it is moved by foreign intervention hos- tile to our rights and interests. The basis of credit upon which the crop is usually moved is now so impaired that capi- tal is indisposed to participate in a security which in ordinary times is very desirable. As time passes, and circumstances become more alarming, the basis of credit which is now only impaired will be utterly destroyed. Before this new calamity shall overtake us, New York should without delay provide the needful plan of execution for moving the crop. Once moved, its ready convertibility in Europe would reimburse us, and settle the accounts now due to our business men in the cotton States; we would also keep control of the exchange medium incident to the trade. In the crisis of 1857 the banks took steps to set the Western produce in motion, and with excellent results. It is now their duty to concert measures for moving the cotton crop. If the financial control over the cotton trade in the future is to be abandoned, we should in all cases realize the advances made on the present crop, and enable our mer- chants to realize on their sales made upon the credit of that crop. If our readers desire to know the amount of this indebtedness, now in danger of being entirely lost, we have only to remark that it may be set down as represent- ing seventy-five per cent of the value of every bale of cotton produced in the United States. Tur Poor or New York ty gue Crists.—The official reports of the Commissioners of Chari- ties and Correction show that they have now under their charge 8,777 persons as inmates of the city institutions, af increase of 465 over 1860, and of 850 over 1859—corresponding periods. Statistics as to the condition of the outdoor poor are still more suggestive. Our reporters have ascertained that the ‘distress among the laboring classes in this city is un- precedented. As many as twenty-eight thou- sand persons, able and willing to work, are now idle. The Superintendent of. Outdoor Poor has received no less than ten thousand ap- plications for coal during the last two or three weeks, The same official receives daily applica- tions from mechanics who wish to be committed to the Workhouse. Beyond this there is of course an immense amount of suffering which is concealed through false pride and shame. Would it not be well for our republican friends, bank presidents and so on, who voted for Lin- coln, to devise some plan for the alleviation of the misery which the political excitement con- sequent upon his election has caused in the Northern cities? In the South we find the ne- groes sleek, fat, comfortable and devoted to their masters. In the North the white slaves are walking about the streets with the alterna- tives of pauperism, starvation or crime. The contrast is not a very pleasant one for us, but it is absurd to deny that such is the state of things. Louis Napolcort om th: Revolution '™ the United States. It is the custom of the Emperor of the Fre *?: in reciprocating the courpliments of the repre sentatives of other governments who call upon him on New Year's day, to say sometbing sig- nificant as to the relations of those governments which are involved in djfficulties. The remark of the Emperor on the first day of the year 1859 to Baron Hubner, representing Austria, is not forgotten by avy of our readers, It was searcely noticed at the time, but it was preg- nant with meaning, as afterwards appeared by the part which the Emperor took, even in per- son, in the Italian war of the following sum- mer, which cost Austria one fair province, and will probably result in the logs of her last foot- hold in Italy. Napoleon's. salutations on the first of the present year to the representatives of European governments have no pointed sig- nificance, because all understand that the pro- gramme of the last year remains to be finished in this, and that he is preparing for the strug- gle with the whole resources of France. But if no hints were necessary for Europe, the Emperor of the French has spoken with words of kindly admonition to the representative of the United States. Ad- dressing our Minister at his Court, he said, in English:—*I hope it is not true that any of the States have separated from the general confede- ration. My sincere wish is that you should long continue a united and prosperous people.”’ “His manner,” we are informed, “was exceed- ingly cordial and friendly,” and there can be no doubt that he was sincere. To say nothing of the hospitality which he enjoyed here in his exile, or of the evidences of our prosperity and happiness which he wit- nessed, friendship for the American people is heredi‘ary in France, whose assistance in the Revolutionary struggle of the colonies mate- rially contributed to the final achievement of their independence. For the blood and trea- sure she expended she was amply repaid by the Revolution, which was clearly the result of our own—a revolution which, though terrible beyond all precedent or all future imitation to the generation which experienced its immediate effects, was the turning point in the liberties of continental Europe—and its operation, guided by the master hand of Napoleon IIL, continues to this day. France and her Emperor, and ali that is liberal in Enrope, owe a debt of gratitude to the thirteen colonies, now expended into a Union of thirty-three States. And be it observed that, though calling himself an Emperor, Napoleon is the great re- presentative of progressive freedom in Europe, regulated by order and the rights of property. At this moment there is more social equality, more substantial liberty, and more security for life and property, in France than in any other country of Europe. In Switzerland tkere is a confederated republic, in many respects like our own, but one-half of its States are aristocratic; whereas in France there is no aristocracy, and the working man stands as high in the eye of the law and in social status as the millionaire. It is no wonder, therefore, that in a demo- cratic empire like France there should be a strong sympathy with the institutions of the United States of America, and that it should grieve the potent statesman who sways its des- tinies that there should be any danger of a dis- ruption of our confederacy. Well might he tremble for the success of the doctrine of self- government, of which he is the zealous propa- gandist, if its most glorious example should fail here after an experiment of three-quarters of a century. Moreover, the disruption of any established government for so slight a cause as that which is working the destruction of ours is an omi- nous precedent for the governments of Europe, in which there are s0 many and go great causes of discontent. Had our people only a few years’ experience of European rule, -with standing armies, continual wars, enormous taxation and frightful pauperism, they would gladly bear the ills they have, rather than fly to others they know not of. The other governments of Europe, as well as France, feeling that we do not meddle with their affairs, but benefit them all by our trade, axe more or less friendly to the United States; and it is doubtless in the recollection of our readers that a short time ago we published a telegraphic despatch containing an extract from a letter of a Minister of a Eurepean go- yernment, in which it was averred that all the Powers of Europe sincerely regretted the threatened disaster to this great confederacy— a proof of the high estimation in which our government is held at the other side of the At- lantic. What some of these governments may do hereafter in order to take care of their interests on this continent, when we proclaim to the world that we are uo longer able to take care of our own, is another question, which can only be solved by the events as they arise. Mean- time, the brief speech of the Emperor of the French is full of friendly suggestion to all whom it may concern. He desires that we should “long continue united people,” like France, and therefore prosperous and power- ful. What the opinion of this great statesman is as to our destiny, if the confederacy should be broken up by disunion, is a matter of easy inference, Wickedness and the world’s con- tempt, disaster and adversity, are the inevitable consequences of division among ourselves. Tur Brooxiyn Navy Yarv Paste —The mus- tering of troops and a special posse of police in Brooklyn, on Monday, to repel an apprehend- ed attack by g secession or revolutionary mob of some sort for the seizure of the United States property in the Navy Yard, afforded a lively bit of excitement for the day and the evening to our neighbors in that corner of Long Island. It turns out that the report of the daring con- spiracy in question was a pure invention of some genius anxious for a local sensation, or of some desperate vagabonds for the chances of some stray pickings from the gathering of a mob. The trick was shrewdly calculated; and, after the seizure of federal forts and arsenals in North Carolina, Georgia, Florida, Alabama and Louisiana by the revolutionary elements of thore Slates, and with the report widely circu- Juted and believed among the ignorant of this city and its surroundings that the terrible re- volutionary Kerrigan had a force of ten thou- sand mailed warriors at his back, ready here to commence the work of secession at a mo- ment’s notice, a la Pensacola, it is hardly to be wondered at that the aforesaid rumor of an in- tended descent upon the Brooklyn Navy Yard induced the federal and local axthori- ties concerned to prepare for action. The hoax has resulted in no harm, but, on the contrary, in some positive good, in diaclosing the fact that the secession revolutionary force bereabouts is limited tg « few stray rowdics, ———————— who cannot be found by a search warrant, The affair, too, bas 60 sadly reduced the immortal ten thourand Zouaves of Kerrigan that it will £00n begin to be suspected that they are “all n,¥ eye and Betty Martin.” Lr 8s"s Casinet—More Tivper Tunsina Ur.—It ip 4 great pity that there are so many clever peop.” in this world. They are con- tinually jorrigg’ and jostling, each pushing, hauling and intrigting for place, power and influence. Everyouly wishes to courmand; no- ~ body is willing to obey. This is especially true in political matters, and particularly the case with the republicam party. The number of able, enlightened, patriotic and deserving Statesmen who are willing to take places in Old Abe’s Cubinet is perfectly astowishing, and somewhat botbers the veteran rail splitter. Out of all the timber offered to him he has ac- cepted only two sticks—Mr. Seward and old Mr. Bates—the latter a fine antique, discovered by that eminent political geologist, the vene- rable Blair, of Silver Spring, and endorsed by Hon. Massa Greeley. Lincola sticks fast upon the rock where Cameron has landed him. Cameron has enough of the Highland bleod in him not to give up Old Abe’s letter offering the Cabinet appointment, and so things are studk fast. Meantime we have an immense amount of timber lying about loose. There are Chase, of Obio; Charles Francis Adams, of Massachu- setts; John C. Fremont, of Mariposa; Amos Tuck, all the way from New Hampshire; Gideon Welles, of Connecticut (heavy old fos- , sil); N. B. Judd, of Mlinois; William L. Day- ton (old whig, very rusty), from New Jersey; Moses H. Grinnell and George Opdyke, of New York city; one of the illustrious Smith family, from Indiana; and last, but not loast, that celebrated fighting character, Cassius M, Clay, of Kentucky. Cassius has smelt powder in his day, and the juvenile republicans of this city think that Cassius ought to be at the head of the War Department. They have already resolved formally that @ld Abe ought to give Cassius the portfolio lately held by that distin- guished and incorruptible patriot, Floyd. Lately Cassius wrote a letter (published else- where) to the republicans of Indianapolis, and took strong grounds against anything like conciliation, announcing, in fact, a platform quite opposed to that laid down in Seward’s speech. However, we presume that, if our young friends insist upon it, Clay will be taken in, and Seward left to the tender mercies of Hon. Massa Greeley. This Cabinet squabbling, to speak seriously, is one of the worst fea- tures in the present very dangerous com- plication of political events. Here we see the country going to the dogs, and the only per- sons who can do anything towards paeifieation are busy in making arrangements about the spoils—always the spoils. Between the various factions, Old Abe is in danger of being torn to pieces, and the prospects of the country, under his administration, are not over and above en- couraging. Cenrovs Freaks or History.—In the year 1814, during the war with England, the five New Englund States (Maine being not then , created) held a convention at Hartford for the purpose of taking into consideration the ques- tion of seceding from the other States of the Union, in consequence of certain measures, such as the non-intercourse act, the embargo, and the war with England. The five States were discontented with the course of the Presi- dent, and felt very quarrelsome towards the South, chiefly for commercial causes. They in- sisted upon five or six amendments to the constitution as a necessity for harmony, but agreed finally to wait for six months, at the ex- piration of which time they were to hold an- other convention in Boston. It happened, how- ever, that peace was concluded with Great Britain before that time, and in the general satisfaction all the difficulties were heated, and there was no secession. Now, in this year 1861, we witness a secession movement in the opposite direction. It is the cotton States that are discontented now, and curiously enough they also number just five Their quarrel is with the North, and nothing but five or six amendments to the constitution will satisfy them. And it is very remarkable, moreover, that two of the amendments de- manded by New England in 1814 are now pro- posed in Congress—namely, that no new State shall come into the Union except by a two- thirds vote in Congress, and that the President shall be elected for one term only Thus history repeats itself, changing only geo- graphical positions. The five manufacturing States were going to secede forty-seven years ago from the States that produced the staple article of their manufacturing ” industry; and the five cotton States are seceding to-day from the States that most largely use their products. Very curious, and very sug- gestive. Sxnaror Cameron Comrsa Rocno—A Break Ix THE RepupicaN Coiumy.—The republicans in the Senate have thus far been a unit against any propositions of compromise for the restora- tion of the Union. But on Monday last Senator Cameron expressed his readiness to support the Bigler propositions (substantially the same as the Crittenden resolutions, with the important difference of a direct appeal to the people); and this indicates the beginning of a break in the republican columm. General Cameron is a sagacious politician, and is not apt to misin- terpret the public opinion of Pennsylvania. If the other republican Senators had only @ tithe of his sagacity, to say nothing of patriotism, there would soon bea settlement in favor of the Union. The best of it is, that as General Cameron ia still on file for a Cabinet position under Mr. Lincoln, he speaks to some purpose when he proposes to try the virtues of a com- promise. Let him come forward without an “it” for the Bigler resolutions, and he may open the way of deliverance to the country and to the incoming administration. Lovistang AND TRNAS. The Louisiana State Convention on the disunion question meets to-day, and it is generally supposed that the se- ccesionists will carry through their programme without difficulty. Under a special eail, the Legislature of Texas is also now fu session, and its deliberations will most probably result io corrying Texas, whip and spur, out of the Union, When she came into it some sixteen years ago, she had a souttered and war ex- hausted population of loss, we believe, than fifty thousand, exclicive of Indians, and she was over bead and cars in debt. Now she has over half a million of thrifty people, her debts have been paid off, with the gid of a free gift of ten millions from the federal treasury, and al- he this she has derived from this g isin a flourishing codition, AW’ st and glorious together