The New York Herald Newspaper, April 17, 1861, Page 4

4 : NEW YORK HERALD. JAMES GORDON BENNETT, EDETOR AND PROPRIETOR. OFFICE N. W. CORNER OF FULTON AND NASSAU 8TS. sent by mail will he atthe Me conlsat” Stone vee Bank tie cetremt tn iNew York Gok of the vender, None but “THE DAILY HERALD, two cents per copy, $T per annum _ AMUSEMENTS THIS EVENING. NIBIO'S | GARDEN, Broadway,—Afternoon—Cixpen mis. Bvening—Metawons — WINTER GARDEN, Broadway, opposite Bond street.— Oruxtio. WALLACK’S THEATRE, Broadway.—Huxeierre—A ReguLak Fix LAURA KEENE’S THEATRE, No. 624 Broadway. Bxven SisTERS. WEW BOWERY THEATRE, Bowery.—Lisenty Boys oF "76—Rxv GNoue—Lucky Horsesuon, ARNUM'S AMERICAN MUSEUM, Sroadway.—Day Pe Brent Don Casan pk Bazan—Rutu OsKiey— Bears, 5x4 LION AND OTHER CURIOSITIES. ‘§’ MINSTRELS, Mechanics’ Hall, 472 Broad- we Etmuasauin Boncs, Dances, &C.—DOWN 1% OLD K-y-xr. "S SALOON, Broadway.—Liorn's Minstreis ix seen, Sones, Dances, &¢.—Bitty Parrenson. MELODEON CONCERT HALL, No. 639 Broadway.— Bons, Dances, Burcesquxs, &c. CANTERBURY MUSIC HALL, 685 Broadway.—Sonas, Bi Volunteers are rapidly coming forward in this city to support the government of the United States and suppress insurrection. We give to-day full details of the movements as far as they can be ascertained. The Scott Life Guard met last evening, volunteered its services to the govern- ment, and decided to open recruiting offices to- day. The Zouave Guard held a drill, a6 did various other volunteer associations. The right wing of the Seventh regiment, and a battalion of the Seventy-first, and others, held public drills, which were largely attended. Colonel Vosburg volun- teered to lead his regiment if it desired to go ffouth. An officer of the Seventh regiment re- turned from Washington yesterday with orders, which will be issued to the Seventh during the next twenty-four hours. It is said the Seventh will be sent to Fort McHenry. Meetings were held all over the city to organize volanteer compa- nies, The Sixth and Seventy-ninth regiments tendered their services to the government. Vol- uateers are offering in all parts of the country. An enthusiastic meeting of the Republican Cen- tral Committee was held last night in the Cooper Institute. Speeches were made by various gen- tlemen, and resolutions unanimously adopted not only in favor of sustaining the national adminis- tration, but also for frowning down all aid or comfort to the rebels on the part of individuals at the North. A resolution complimentary to the Herawp was also adopted. A meeting is to be held at the Chamber of Com- merce, at eleven o'clock to-day, of the merchants and business men of the metropolis, without dis- tinction of party, for the purpose of devising means for sustaining the government and strength- ening the arm of the administration. The troops from Massachusetts, that were an- nounced at the republican meeting to arrive by the New Haven Railroad at half-past eleven o'clock last evening, had not reached this city when we went to press, nor were they expeeted by the railroad officials before to-day, if they came by railatall. It had been rumored at the station that the plan of transit had been changed, viz: by steamboat direct to Washington; but nothing defi- nite was known. Despatches from Charleston state that the es squadron off the harbor had de- sls entering the port for a short time, y permitted them to proceed to the city. The commander of the fleet had decided not to iate:fere further with vessels until orders were re- ceived from Washington. The Isabel had arrived at Charleston, with information that the flect had weighed anchor and sailed for New York. The Baltic had Major Anderson and his command on board. We publish in another column an extract from a private letter received by a gentleman in this city from a friend in Charleston, giving some new and interesting particulars respecting the bom- bardment of Fort Sumter. The writer states that suel was the effectiveness of Major Anderson's fire that thirty of the secessionists in Fort Moultrie were killed, besides many wounded, and that the Stevens Battery was silenced and the Floating Battery haif shot away. He extols the courage and skill of the garrison, and intimates that the casualties of the enemy were more numerous than they wish to acknowledge. Despatches from Montgomery state, on the an- thority of the Secretary of War of the revolution- ists, that thirty-two thousand additional men have been called out. Our State Legislature brought to a close last night its session for the year 1861. Both houses worked briskly during the day, and put the finish- ing stroke on several measures. First in impor- tance was their action on the bill authorizing the Governor to call out thirty thousand State troops, to be placed at the disposal of the President, and appropriating three million dollars therefor. The bill, slightly amended from» the form in which it passed the Assembly on Monday, was passed by the Senate, and returned to the former body, which concurred in the amendments almost nnanimous- ly, there being but one negative vote. Great feel- ing and enthusiasm were manifested in both houses on the »ibject. The Metropolitan Health Dis- trict bi'| was defeated in the Senate. The Senate also posed the City Tax Levy, largely reducing it in se sl respects, but adding 000 to defray the legs’ .xpenses in the Chamberlain controversy between Platt and Devlin, and with an amend- ment restricting the Common Council in regard to creating new salaries or increasing preseut ones in the various departments of the city government. The amendments to the Unsafe Buildings act of last session were passed by both houses, Mr. Anable, late one of the New York Harbor Masters, being removed by the Governor, and Leonard D. Brainard, of Brooklyn, appointed in his place, the Benate confirmed the nomination, as also that of Mr. Van Dyck for Bank Stperintendent. The steamship North Briton, from Liverpool 4th, via Londonderry 5th instant, arrived at Port- land early yesterday morning, bringing two days later advices from Europe, a large number of pas- sengers and $6,000 in specie, The news is extremely warlike. The London Post states that the military operations in which Garibaldi is to take part are about to commence, and that the Italians and Hungarians have come to a perfect understanding to make a combined movement. It is supposed that an extensive in- surrection will soon break out in Hungary, in which the insurgents will be aided by Garibaldi 4 the Italians. ensive warlike preparations are being made we, The French navy has, by order of the t, been organized into five divisions, each hree steel-plated frigates attached. The was about to review the garrison of h, at this unusual time, is considered a war, news is important. On the ‘ngland reduced its rates to ‘losed on the 5th at 9154 a «et Was active and firm at The sales at Liverpool for ) GU dass. Ware 45,009 balew New YORK HERALD, é y : id 1 WEDNESDAY, @ email proportion only of which was taken by speculators. Breadstuffs were dull, and closed on the 5th with a declining tendency. Provisions were quiet. A violent northeasterly gale prevailed all day yesterday, accompanied by a copious fa'! of rain. So far as we are informed, the shipping in the bay and harbor has sustained no damage from the storm. Between eight and nine o’clock last even- ing a building in the course of erection on Frank- fort street, on the site of the one burned down some time since, and at that time occupied by E. O. Jenkins asa printing office, was blown down by the gale. The whole is therefore in ruins. The rush at the Custom House yesterday far ex- ceeded that of apy previous day. Some curious scénes were introduced on the occasion in the drama of seagch for office. Ninety-one vessels entered at the port of New York from foreign ports yesterday, the largest number ever entered in one day. The cotton market yesterday, under the influence of the foreign news, was firmer, with an upward tendency in prices. The eales embraced.about 2,500 bales, closing on the basis of 125,;c. a 12%c. for middling uplands. Flour was heavy, and lower for common grades, while extra brands were in light demand and prices irregular. Wheat was also heavy, with a tendency towards lower prices. Corn was in fair demand, at rates given in another column, Pork was firm, with fair sales, at $17 60 for mess, and at $18 for prime. Beef was also firm, and in fair demand. Sugars were steady, but the very incle- ment weather tended to check sales, which were con- fined to some 150 hhds. Cuba. Coffee was quiet, but firmly held. Freight engagements were modera‘e, with & tende: ¢7 towards easier rates. : Virginia and The Border Slave State:— What Will They Dot In this appeal to arms, on the part of our federal government to settle the question of the integrity or dissolution of the Union, Vir- int» and the border slave States are placed in » prsition exceedingly perplexing, delicate and dangerous. Strongly attached to the Union, they alse strongly sympathize with the receced States. If perfect safety, unity, power and prosperity were apparent under the flag of the Southern confederacy, the border slave States would doubtless have joined ita month ago; but they have been and are re- strained by various misgivings, and prominent among them is the fear of the consequences of the removal of the fugitive slave frontier from Canada to Mason and Dixon’s line and the Ohio river. What, then, is to be the course of the border slave States in this crisis of war? What will t'ey do? In speaking of the border slave States, all the Southern States which have not seceded are generally meant ‘o be included. But the border slave States proper are limited to Delaware, Maryland, Virginia, Kentucky and Missouri. Lying next south of the three last named States respectively are North Carolina, Tennessee and Arkansas, 80 that two tiers of slave States still in the Union lie between the North and the revolted States of the South. In the first tier, Delaware, with her slave population reduced to fifteen hundred, may henceforth, for all practical purposes, be considered a Northern State; Maryland is evidently immovable; Missouri, from the im- mense accessions during the last ten years to her free white labor, will stand fast with the North; Kentucky has stronger affinities for Ohio than for South Carolina; and Virginia, within her own borders, runs some hazard, in the act of secession, of a division into two States—a split beiween the great slaveholding, hill and plain eastern section, and the comparatively non- slaveholding western, mountain section. Of | the second tier of these so called border slave States, North Carolina and Tennessee each, in a popular election, have declared against seces- sion, and Arkansas has postponed the question till the month of August. But the bombardment of Fort Sumter and Mr. Lincoln’s war proclamation overthrow the whole programme upon which these late bor- der State movements were made. The argu- ment is closed, negotiations are at an end, and these border slave States, standing between two hostile governments in a state of actual war, must now determine upon some definite course of action. The initiative movement is thrown upon Virginia. Ter State Convention, with a large majority of quiet, Union and peace loving congervative men among its members, has for many weeks contrived to hold the im- petuous secessionists at bay; but driven at length to the wall, what will be its ulti- matum? The Richmond Enquirer says that after the war news was received from Fort Sumter, the Convention, as in Committee of the Whole, “proceeded at once by a large majori- ty to adopt the proposition of Mr. Robert E. Scott, substantially providing for the assem- blage of a national convention, through which, of course, Virginia will be handed over to the tender mercies of a black republican majority;” and that “if anything will precipitate the true men of Virginia into revolution, it will be the miserable shuffling of our State Convention.” Later advices say that secession is impending, although a convention of all the border slave States may be resorted to. Our impression is that this expedient will be adopted; and we think it probable that it will result in a sort of armed neutrality on the part of the States con- ebrned, but without any restraints upon indi- viduals disposed to aid or join the armies of the Confederate States. We are inclined to this opinion from the fact that secession and full co-operation with the Montgomery govern- ment would not only throw the brunt of the war upon Virginia and the border slave States, in making them the field of battle, butin bring- ing down the Canadian fugitive slave line to the borders of Virginia, she would risk a grand stampede and demoraliza- tion of her slaves, which might only end with the destruction of her two hun- dred millions of cash involyed in her slave property. And so with Maryland, Kentucky and Missouri. The Union is indispensable to the safety of their slave property in this crisis of civil war. Let Virginia secede, and let General Jefferson Davis establish his military headquarters at Richmond, as it is said he ex- pects to do, and, amidst the confusion of contending armies within her borders, Virginia will hazard the additional calamities of a ruinous demoralization of her negroes. Theee considerations, we apprehend, will be apt to limit the active operations of this war to the seceded States. They may be assisted by thousands of volunteers from Virginia and the other border States; but while these States themselves stand off they will escape the wast- ing fires of war. Thus it is probable that the seceded States are destined to suffer enormously. With their ports shut up by blockading squad- rons; with their cotton culture largely sus pended; with all their young and able bodied men in their armies; with their financial re- sources drained to the bottom in a single year to resist the pressure of seventy five thousand, or twice o# \lsice What aumber, as the case way be, of hostile troops, the prospect will be | The Uprisimg of the North—War Vigor- gloomy enough to the Montgomery govern- ment. Thus environed and hemmed in by the overwhelming power of the North, how can the seceded States hope to prevail? It may now be too late to ask this question; and they who have “precipitated the cotton States” into this revolution may be indifferent as to the consequences. But the substantial slave- holders of the South, whose interests and hearts are not in this work, may now begin to delibe- rate upon the contingencies of a destructive war around them. We had hoped that this last resort would be left to the decision of Congress. Had Mr. Lincoln limited his late proclamation to a call upon Congress, civil war might per- haps have been avoided. But he has chosen to cut the Gordian knot; the North responds with startling unanimity; and we must deal with these solemn facts of war which are before us. We presume that Virginia and the other border slave States will come up with the representa- tives of the North to Congress in July, and that their object in coming will be a treaty of peace. In this connection the resolute policy of Mr. Lincoln and General Scott, and the significant co-operation and enthusiasm of the North, may operate powerfifily in behalf of peace with the beleaguered Southern confederacy. If the border slave States cannot at present act with the Northern States in this great crisis, neutrality is their policy; and we think they will adopt it, to escape the destructive visitation of this civil war upon themselves; and the field of warlike operations being thus confined to the seceded States, their reduction or destruction appears almost inevitable, Beyond a year or two of an exhausting civil war they cannot hold out without losing the monopoly of the cotton culture; for if our Southern supplies of cotton fail beyond a year or two, they may be raised in other parts of the world, to supply the world’s necessities. Mayor Woop’s Prociamatioy.—During the intense excitement which has prevailed in the city for the last few days, Mayor Wood issued a proclamation calling upon the people to main- tain order, respect property and person, and refrain from violent demonstrations of every kind. It was aconsiderate and timely docu- ment, and had all his previous messages been as reasonable in their tone and sentiment, it would have been better, perhaps, for his re- putation. But we cannot see the propriety of minor journals like the Zribune, and Times, and World, pitching into the Mayor’s procla- mation. When a public man issues an unob- jectionable document he should not be abused therefor. In this instance Mayor Wood only did what was manifestly his duty as chief ma- gistrate, in times of unusual popular excite- ment, in order to preserve the peace of the city. The citizens are indebted, too, to the Police Commiesioners and to Superintendent Kennedy for the measures which they adopted to keep the peace against a number of rowdies and violent persons, instigated to riot and disturb- ance, no doubt, by a set of people who have always some mischief in their minds, in times of great excitement, ready at any get up a turbulent demonstration, of the peace and safety of the commupity. The police on this occasion displayed a great deal of energy and activity, which woul go far to show that they are well organized to\yreserve the public peace in any emergency, jf) 3 true that many of the Southern fire-eaterg hugged the idea to themselves that at such & time as this public opinion would manifest itself in riots and bloodshed, which would bring ruin and desolation to the Northern cities; but this isa grand mistake—there never was any fear of such a result. There is no necessity for rioting in the North. The crisis demands only one soul and one movement to relieve the country from its present embarrassments and complications, and the people of the Northern States are all of one mind as to the position of affairs, and the determined policy just inaugu- tated by the administration. Fatse Rerorts.—We observe that the Tri- bune and other of our contemporaries have published reports concerning the Heranp es- tablishment, which, besides being untrue, show a good deal of malice and meanness, They said that there were crowds assembled for riotous purposes in front of the He- RALD office; that a crowd compelled us to display the American flag from our win- dows, and that Mr. James Gordon Bennett, the proprietor of this journal, was followed by a crowd and hooted in the street. Now, as to the latter statement, all that we need say in re- futation is that Mr. Bennett is quite unaware of having been offered any such insult, and thatin the street, as well as out of it, he has been treated with perfect courtesy by both re- publicans and democrats, and that he has just as invariably treated them courteously in re- turn. With respect to the crowd in frontof the Heratp office, it would have been singular if there had not been one, considering the exciting news of the last few days, the fact that we published that news in advance of any other journal, and had a circulation exceeding that of all the other New York dailies put together— for in a single day we issued of the Heraty no fewer than a hundred and thirty-five thousand six bundred copies. People come to the Her any office to read the bulletins and to buy the pa- per, not to sack the establishment. In regard to the display of the American flag, no one asked us todo so. It was unnecessary to take that trouble. The glorious flag of the Union is our flag, and long may it wave. The fact is, there is so much envy and rancor on the part of both the Sunday and daily papers towards the Hera, in consequence of its unparalleled success, that they are too glad to seize upon any pretext to show their ma- lignity. But the public know which is the newspaper that gives them the earliest and the fullest intelligence, and most completely sup- plies the popular want, and they value it accordingly. It is asterling appreciation, which detraction cannot diminish, Uniten Srares Mrsistwr to Fraxce—On Monday last, at Trenton, a dinner was given to Hon. W. L. Dayton, Minister to France, which came off with eclat. It will be recollect- ed that Mr. Dayton was on the republican ticket for Vice President in the campaign of 1856, with Fremont for President—a movement which gave sach an 5 ey to the republican cause as has rendered it ultimately successful. Mr. Dayton was also a prominent candidate for the republican nomination for President at Chi- cogo. He is an able and an accomplished man, such as it is desirable to send at so critical a period to the French gros vo He at every way @ e gentleman, would be sce eneianle é the character of the country if such appointments were more pouctally made, ously im Barnest. During the past six months the cotton States have been arming themselves against the fede- ral government. South Carolina, Georgia, Louisiana, Alabama, Mississippi and Texas have organized a new confederacy and placed themselves in the position’of a foreign Power, and a foreign Power upon our immediate frontier, The new confederacy has organized an army, made provisions for a navy—as yet without ships or sailors; issued proposals fer aloan, seized upon and possessed the forts, arsenals and public places belonging to the United States, and otherwise assumed the powers, duties and responsibilities of a separate and independent government. During all this time the people of the North and West have been silent, patient, forbearing. Tho- roughly well informed by their newspapers as to the movements of those who were formerly their fellow citizens, but who have elected—whether for good cause or not is now out of the argument—to place them- selves in the position of enemies, the great Cen- tral States have kept aloof from fanaticism on one aitie and folly on the other, and have hoped that reason might again assert its sway over the extremists of both parties, The bombard- ment of Fort Sumter has, however, changed the whole aspect of affairs. The attack upon a fort garrisoned with less than a hundred men by a force of over seven thousand is a measure which is calculated—if anything could—to raise the epirit of a people whose ancestors fought their way to constitutional liberty through the greatest difficulties which ever en- vironed a nation struggling for its existence. And although nobody was hurt, as they say, at Sumter, still it is not to be wondered at that our people should feel deeply and prepare se- riously to recent the insult offered to the flag of the republic. Under these circumstances, the President of the United States has called for volunteer soldiers to the number of seventy-five thousand. No additional recruiting offices have been for- mally opened as yet; but we have no doubt that the Secretary of War will be able to re- port to the President before Saturday night that the adhering States have offered three times as many men as called for by the government. The Secretary of the Treasury is well supplied with money, and has assurances that his department shall not suffer from em- barrassment. We have no doubt that halfa million of men and a hundred millions of dol- lars will be offered to the Executive between this time and the Fourth of July, when Con- grees meets in extraordinary session. The blood of the North is up; and, without disparagement to the South, we may express our firm belief that the descendants of the men who stormed Louisburg, scaled the heights of Abraham, answered the roll call at Lexington, repulsed three times the British infantry at Breed’s Hill, followed Stark at Bennington, and bore the colonial flag from Cambridge to York- town, will not disgrace their ancestry in the coming struggle. The people of the North are compelled to accept the dread arbitrament of the sword. They did not seek it. There is no course left for them but an earnest, vigorous, determined support of the government. We have no longer parties, or factions, or cliques. Feeble efforts may be made to organize new partics or restore old political attachments, but they will be fruifless. From the Aroostook to the Potomac, from the Atlantic seaboard to the Rocky Mountains, the war slogan has been sounded and responded to with alacrity! If the South goes to war upon what is presumed to be a point of honor, and strikes the first blow, the North can do nothing but meet the issue promptly. Honor is not indi- genous nor confined to the South. We have temporized too iong. We have hoped that the storm would blow over. We have been occu- pied with our business or our pleasure, and have allowed the ship of State to drift towards the breakers. We have watched the stock board, or interested ourselves in foreign affairs, or devoted ourselves to the service of Mammon, or indulged in the luxuries of life, forgetting its real duties. Some of us, perhaps, have fancied that the cause of the black man was of more consequonce than the material in- terests of our ownrace. But that is all over now. The almighty nigger is dead, and the occupation of Phillips, Garrison & Co. is gone. The North is consolidated as one man, and the government is to be sustained at all hazards, The South has treated us a foreign, hostile Power, and we can no longer treat or tempo- rize—we must fight. The alacrity with which the North has re- sponded to the appeal of the President is un- doubtedly due, in a great measure, to the fa- cilities for the rapid dissemination of intelli- gence through the telegraph and the independ- ent press. The New York Heraxop, the circu- lation of which newspaper now exceeds 100,000 copies daily—more than the combined issue of all the other metropolitan journals—has been able to present the earliest intelligence con- cerning the opening of the great struggle, and bas without doubt materially facilitated the operations of the government, To the bitter end the pen will bear as important a part in the great conflict as the sword. Tux Next Coxoress—The Congress which is to assemble on the 4th of July next, in pur- suance of the call of the President, will consist in the Senate of 23 republicans and 26 opposi- tion, omitting the vacancies to be filled; in the House of Representatives of 104 republicans and 58 opposition, without taking into the cal- culation fifty members to be chosen in Califor- nia, Kentucky, Kansas, Maryland, North Caro- lina, Tennessee and Virginia. The seven se- ceded States are of course excluded from the estimate. This will be, for obvious reasons, the most important Congress ever held in the United States. On its action vast results de- pend. The events of the last few days, and events soon to come, will annihilate the old party lines and give a new complexion to the national legislature. The government is now in a sort of historical crisis, strnggling for its existence, and mere factious feelings will be swallowed up in the magnitude of the questions which will occupy the attention of Congress. Petty and local considerations must give way to national views, and only high principles will prevail. The presence of danger, the actual existence of civil war, the future of the country, will rise up in all their vast proportions before the vision of the na- tional council, and give an elevated tone to its legislation and siaiesmanship. The miserable squabbles about spoils and abstractions will have no place where such momentous themes qe to be Geguesed, There will be litle Ume APRiE: 17, 1861. ot wmeclination for vaporing talk. Action, prompt action, is demanded by the countey, ad that such as will materially aid, in co-opera- tion with the executive in restoring peace and accomplist ing a »eunion of the States. The Great Crisis—The Duty of Govern- ment and of the People. After the terrib'e per od of political excite- ment, preceding the first elaption of Thomas Jefferson to the Presidency of the United States, that great stateeman exclaimed in his Inaugural—“We are all federalists, we are all republicans.” It wasa solemn invitation to unity and peace. The proclamation of Pre- sident Lincola, succeeding to the bombard- ment of Fort Sumter, is a similar call upon the people of the Northern States, to forget party wranglings, at this most critical moment in the history of the country. Whatever opinions may have prevailed, and whatever views of ex- pediency may have been advocated, hitherto, there is clearly no other course for government to pursue now, than to “retake the places and properties” that have been seized and occu- pied, in the Southern States. Upon this point, the people of the Northern and Western States will be nearly a unit. Asa consequence, past organizations und platforms are virtually swept away, and none of the issues remain of present importance which recently agitated the public mind. Whether slavery shall or shall not be carried into the Territories; to what extent the tariff shall be modified; what internal improve- ments, or means of interoceanie commumica- tion are required, are questions, the next or some future Congress may be called upon to decide, but which are buried out of sight by the paramount consideration of the day. Sa The sentiment of the North requires that the programme laid down by the administration, should be carried out in the most vigorous and effective manner. There will be no difficulty in procuring troops, and the full quota should be summoned, which is necessary to the com- plete attainment of the end in view. Half measures must be abandoned, and force enough employed to retake every fort, custom house, arsenal, and vessel, belonging to the United States. New York city is able to sup- ply all the funds that are needed, and its capi- talists will meet the demands that are made upon them, just in proportion to the prompti- tude thatis displayed in bringing the crisis to an end, under which the country is suffering. Two hundred millions of dollars will be considered a cheap price to have paid for peace, and a reconstruction of the Union upon a permanent basis, The naval establishment of the United States will require the utmost developement which Mr. Lincoln can constitutionally give it. The seat of war will undoubtedly be the line of coast of the Gulf States, and vast energy must be displayed to produce an effective result there. General Scott supposes that twenty thousand troops will be needed in Charleston harbor alone. Fort Pulaski will require a long siege, and is thought by many to be impregna- ble. The defences of the Belize, have been constructed under the directions of the best military engineers in the world, and it is to be feared that multitudes of lives will be sacri- ficed in accomplishing the sad duty which Mr. Lincoln has pledged himself to fulfil. He has law, however, on his side, and his right is un- }- doubted in the premises. It behooves him, usvertheless, to count the cost, and to employ the power he possesses, in calling to arms the full number that may be wanted in the emer- gency. The course that will be taken by the border States, if dictated by policy and self-interest, can scarcely be doubtful. The example of Virginia will, probably, be emulated by the remainder, and it is most unlikely that she will volunteer to surrender her territory as a use- less battle field for the whole United States. The border States, by seceding now, would render a frontier war inevitable. Destruction and carnage would prevail along the borders of the Ohio and Mississippi, while Northwestern troops would pour down the latter river, into Kentucky, Tennessee, Mississippi and Louisi- ana. By preserving as far as is possible, a neutral posture, Virginia, Maryland, and the other border States, retain their power as mediators, and may be able, later, to render far greater services to the friends of the Union, North and South, than they could do by join- ing them. The chances of war offer but small hopes to the cotton States. Before many weeks their ports may be closed, their commerce an- nibilated, their treasury depleted, and their pride humbled; and in such an hour of misery and desolation, the protecting strength of States friendly to them in the Union, may prove greatly to their advantage. The time for undue excitement has passed. The passing events of each hour are so solemn, that every pulse should beat equably, and every aspiration be for a speedy restoration of the republic to peace, and its pristine unity and greatness. The utmost unanimity of feeling should prevail in sustaining the only policy which is any longer practicable; and every nerve should be strained to aid the govern- mentin rendering its measures as efficient as possible. Revivive Prospects of TRADE IN THE Norta.— The settled policy which the administration has adopted, and which it is believed will be vigorously carried out, is likely to result ina rapid revival of trade in the North. All uncer- tainty, at least, is at an end; and it was the in- certitude of the past few months rather than the existence of any positive calamity that para- lyzed everything in the shape of business. The people are now beginning to see how the coun- try stands, and here in the North they are all of one mind as to the position of the North and South. To some extent, then, we may expect to see capital released from its long captivity in the bank vaults, and all the interests of com- merce coming again into active life. Business, especially in the sale and manufacture of army equipments, naval stores and war materials of all kinds, will receive an immediate impetus, Shipbuilding and the shipping interest gene- rally will be called into busy operation, and we anticipate a free demand for labor in al- most every branch of trade, which will relieve this community from the fears of distress and starvation among the working classes which have pressed so heavily upon us for some time past. The decided course which the administration is now pursuing has already produced another remarkable result in the utter demolition of all parties and factions, and the combination of the entire North in favor of a permanent Union and constitution in some shape. The safety of the country has become paramount to all mere party eues, A fresh allitary spltis Las alia inferior to that which animated the eariy pont ota of the republic, and there is but one opinio, throughout the entire North as to the propriety of vigorous and decisive action, TWO DAYS LATER FROM EUROPE. ARRIVAL OF THE NORTH BRITON. Garibaldi About to Commence! Operations. | MALITARY PREPARATIONS IN FRANCE, | The Hungarians and Italians Acting in Concert. CONDITION OF THE MARKETS, Key Ror, Bon PorrLann, Me., April 16, 1861. || | The steamship North Briton, Osptain Robert Borland, | from Liverpool at three o'clock on the afternoon of the | 4th inst.,and Londonderry on the evening of the 5th inst., arrived here at a quarter past three o'clock yester- day morning. \\ ‘Tho dates per the North Briton are two days later than those already received. The Parliamentary recess continued. There was some probability of a compromise in the Building Trade strike. The London men were showing some disposition to accept a proposition of working by the hour under an increased scale of wages, Mr. Train, of Massachusetts, has been fined one shilling by a London magistrate, on the charge that his street railway was an obstruction; but the magistrate explained that the question would really have to be settled by the Supreme Court. Mr. Train gave notice of an appeal to that court, The North Briton has 230 passengers and $6,000 im specie. ‘The North Briton reports passing through a large field of heavy detached ice, and seeing several small bergs be- tween the Virgin Rocks and Cape Race. The steamship Etna, from New York, reached Liver- pool on the mornfng of the 4th inst. | ‘The steamship Palestine, from Portland, reached Lom- donderry on the morning of the 6th inst. FRANCE. The French navy has, by command of the Emperor, been organized into five divisions, each division to bo under the orders of an admiral, and to have three steel plated frigates attached to it. One division was about to proceed to Syria, whore England is reinforcing her naval force. Some sensation was created by the announcement that the Emperor was about to review the garrison of Paria. Areview at this unusual time was construed by somo into a forerunner of a campaign. Meagures are to be taken by the French government for the suppreszion of all religious associations not al- ready recognized and authorized by law. Rumors were current that Count de Persigny would | probably resign on account of the article in the Patrie relative to the Duchess of Kent's funeral; but the Moné- — teur of the 4th inst says that the reports of modifications in the Ministry are unfounded. ‘The Paris Bourse was very much depressed and lower. ‘The rentes closed on the 3d inst. at 67f. 50c, It is explained that Prince Murat’s letter relative to the crown of Naples was only written for the purpose of giving some explanations, and is altogether of a personal character. Count Rodolphe de Orano has been created a Marshal of France. ITALY. Garibaldi continued at Turin, He was received with the greatest enthusiasm by the people. The official Opinione, of Turin, publishes an article showing the necessity of withdrawing the troops from Rome, It says that they are there to protect the Pope; but as soon as Italy grants the amplest guarantees for the safety of the Pope and the freedom of the church the mission of the French will be fulfilled with dignity-by the national army. Debate on the affairs of Naples continued in the Cham- ber of Deputies, The Minister of the Interior said the difficulties had been exaggerated, but he promised a remedy of several inconveniences of the government. [t is intended to increase the military of the Southern pro- vinces as measures of public safety. ‘The Pope fainted away during service on the 21, but his indisposition was not serious. AUSTRIA. An imperial decree orders the resumption of payments in silver in Lombardo-Venetia, the authorities of that province having secured the necessary stock of specie. HUNGARY. The formal installation of the Curia Regia of Huagary took place at Pesthon the Sd inst. The judicial admi- nistration was suppressed, TURKEY. The Porte has ordered tho blockade of the coast of Montenegro. Omar Pacha had been received by tho Suitan, and would probably be appointed commander-in-chiof of the army of Bosnia and Herzegovina. Government troops have been hastily sent to the coast bordering on Montenegro. INDIA, ‘The Bombay mails (date aot mentioned) reacaed Mar- seilies on the 4th. Exchango 28. 1d. a 2s. 5d. Nothing else telegraphed. THE LATEST NEWS, Lonpor, April 6, 1861. The London Post asserts that the military operations im which Garibaldi will take part are on the point of com- mencing, and that the Hungarians and Italians have come toa perfect understanding to make a combined govern- ment, It is expected that the Hungarian Diet will pass a formal vote calling on the Hungarian troops from other parts of the Austrian empire to be concentrated in the kingdom of Hungary alone. Such a measure will neces- sarily strip the Venetian provinces of the flowor of tho Austrian forces. If opposed by the Austrian government the Hungarians will refuse to pay the taxes, and the mo- ment for breaking out into insurrection will thea have arrived, The London Times’ city article of the 4th (evening) says:—‘Although the reduction in the Bank rate of dis- count was fully expected, it has had considerable effect in restoring the tone of the market, and hope may be enter- tained that its influence on the general trade of the coun- try, which ‘s evidently at this moment affected to a need- less extent by vague anxiety, will be extremely advanta- geous. The recovery in consols is shared by all other do~ scriptions of securities. The discount houses and joint stock banks have deferred until to-morrow, There is a considerable change in the allowance on deposits in the discount market.’’ ‘Arny, 4.—Tho general demand is moderate, gonoral rate is a fraction below the Bank, Although commercial engagements are maturing today, they have been universally large. No serious case of default has taken place, About £75,000 in bar gold was taken to the Bank to-day. ‘The railway market opened flatiy, tho traffic in the manufacturing districts being loss favorabie, but nearly all the leading stocks closed *{ a 7% per cent higher, Garibaldi is still indisposed and unable to attend the sittings of the Chamber. Sweden and Denmark bayoe followed the example of and France, recognizing Victor Rmanne! as King. A Mairid telegraphic despatch anrounces perfect tran quillity in Morocco, and the treaty with Spain being (ait. fully carried out, FINANCIAL AND COMMERCIAL NEWS. LONDON MONRY MARERT, Fonds on the 8d deolined 4d, during the morning, tut tallied, closing steadily at the quotations of tuo pre- vious day. On the 4th the Bank of Eogland reduced its rate to six percent. Consols closed at O13; for money, mol 9154 a 91%, for the aecount. Oo the 5th the market opened rather drmer. Gord continued 40 flow unto We Baus of Log ad wa com. The | | 1 / RN