Newspaper of The New York Herald, December 26, 1847, Page 2

Newspaper of The New York Herald dated December 26, 1847 Page 2
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B?u'rality whlott b? h*5 aanetior.ed ?< rupture of pear*, | and * an ?et of hostility ai;.?lii" hi* Majesty " It was however. to i*n<i the note to the eoiuamt*? of ?aveo, which h ?* prepared *11 tb? im- j ^ortant resolutions decreed withii tli i bit four months. I duf 'he s*ma ti n", orders wer* itivan to th* dtviaion of Burohardt to proueed to XaufdUaUil I'h i division r'')sh??nS4in wbiih wa? to htve t-turned to Berne ia the ?v*oin.t of 'h? -1? ,h will, without dou'.it. hsv? r?e?iv. I ?U the ?ime deitina'ion. We l-?rn fr?m V?ut'oh?tel that qwters had Heen prepare 1 f >r the radical troops on thf frontlav of th* prlno^paUty K*?ry thiog aonuuncee th*e tHe occupation of Neufchatsl is deter10 ned on. We h?t no n-e I to lujiat on th* gravity r.f this new a(T?lr. T -ir wi lessees at Kribur< and Lnwrm hm turn J till radical*' heads lu thin sitting of th* 37 th, there w?s h ij leation of nothing bu? war E'sewher-* people ure etiil mom exalted A l 'pu'y. in his K'l nlra'tou of the B-rn-sa militia cried that ha f?nol?d tie aa ? in th-m the col li-<rs of the i-'rench republic Uri ha* a ipitu!at?d like Siibwytz an 1 Valai* The ch'"fi oi the 8ini-rbnnd hare tak?n rrf'i** lu tha Upper V'alaie; fro'n thence they may, ?ti?n thia la?t refuge shall eaiane th*ra, gain the n?ut.h of Kurope by the road of the Simplo'i A provisional government of euven menibTM has b^en formed at l.ucsrue This g>? rnment will proceed like that of fr'riburg It h?* already decreed the suppression of all convents and the uouflsoation of their property. Col. Zi*?ler, charged with I the command of the troops which occupy Lu''ei-ut> lias takon ?*n< rjatic measure* to prevent a renewal i f the ) i zi-NIM committed at Kfiburj In the nitfht of the - i:h, an attempt a-as made to ravage and pillage the j church oi tha Jesuit* One of the ?ldes-de-caaio ?>r th.i g*n"r.ii 10 rnier proceeded mere at in? n^aj " ??n??o? eontpeny, nail ha was oliligt-d. la order to prevent the ' ?utrauo? of the church from b<-ing forced, to make bis troop prtuut their bayoneti." IadU. The !adia mail from Bombay, Nov.arrived in London | D+o 4th, at 3 A M Tne London insil of September 'il, j had uot reached B^m'iay it lelt. Fhe lntelll- ! g?nee is of interest. India U at peace, except at two ! points, vi?: the Boixlie frontiers, und the Uoorns^or 1 country. SeluJe generally continual tranquil. The new civil governor, Mr Prin^l*. whs busy In procuring re- I yorts from the officers alminiriterin* t ie various districts i'bose reports Is said to be laid before theUo- ! ernor of Bombay on his arrival in liurrajbee, which Is to ; take pi ice in l)?o*mber The disturbances whleh were apprehended in the Peshawur dlstrlits, hive fortunately not taken place. The collection of the revenue, whicu was considered sufficient to give rise to these dlsturban- i res. is proceeding in quiet, and prospects are held forth , of a mild syst-m being adopted. From Afghanistan the news Is not of Interest Dost Mohammed is employed In settling the disputes smongst his sons The new Vi- i zier. Haider Khan, has made g.nme chang *s In the pay of ! his trio p-, and introduced mm '>! an inferior clans luto the r.orvici) la Lahore peace prevails, and the du?t>era has passed over In quiet Mil lh interest was attached totbevlrit which Lord 11 trdin^e was about to pay to j the Klug of OuJe. His lordship, while moving to- j wtrdi i alcitta. was in Nove-Jibur to meet the Kiog j ;vnd ti ?,'> ml eome days at Lucknow. The much talKed | ?t nx-ll j*h ol baUari, died at Benares on the 14th of i O-tcoer. I Tn? crops ol Egyptian produce,taken in last April and j May, were rapidly'Mming down to Alexandria from the uppir oc-u itrv Ttlny are generally ehort and that of I wuKlt, it pirticuliar, was d-fl'iient. Prions were quite nominal.holder* preferring to ship on their owa account. rath?r tnau subinit to a reduction The Ariel arrived I n' Alexandria oa list, with the Loudm mill of the Bth J of November. Financial Intelligence. FilLt'lIIOr VIlUCHtSTl hi) in Eioi.?sbisu othir Parti of Kt'*oric, sock tmc 19th or Novcu- I William Abbot, sto -kexohang* London. Ashbuen*r. leather factor Liverpool li >aaffe II Co , Merchauts Havre. Boydellfci Roper, iron merchants Birmingham. Urownri^ Si Co , East India merchants. .Liverpool. WaItsixtianftn hrnlrnr (tlnntr tu' A ? Uyrno. . . Liverpool, "arapbell, Harvey Si Co , oil ft merchant*. .Glasgow. C D? Fofl?r h Noete, hankeri Urmnela. I) Wolf 0< Portemont,*e?d crusher*....Alost. A St 1 Downi*, dry *alters .Glasgow. J Kd?ard? &. Co , wor.l brokers Liverpool. '.Via Kykiu. st.ook exohanne London. Ktrtbln*, Son & Co merchants Hull. Kwriui?on, Wawoo Si Co.. silk merchants.Glasgow. Hobt KorrMtM, wari-hou?einan do Tnoina* Gales, ship builder Suuderland. Grosjean Nephews banker* Bru*i>eli. J !I Hawkins, stock exchange Loudon. Heunilcine & Briart. banker* Mod* Robert lmre.?y. alkali xuauuiacturer* . .. .Newcastle. Lea*'. Barnett, Scotaon Ic Co , warehousemen London. Norriaon Levett, merchant Hull Lackerate-u k Co . Last India merchant*.London. Salvador I'aoilioo, merchant Trieate. W. I'emherton Sl Co , Canadian merch'ta. Lond-n. A Rankin, We*". Inlla merchant Glasgow. J. Si 11 Reav. wn? merchant*. London. HioarbySi Harding Liverpool. Kinwit Si -otu^evrl'. merchants, Rotterdam. P Hroaifaer & Sou. merchant* Rotterdam. S ir.-ant, Li rdou It Co., Colonial broker*. .London. Seeretan Sc. Capper, stock exchange do Te.-oelin Sigart, banker Mens. Tanner^ Ward. l*atb?r factors Loudon. C. Trneu in Si (Jo . Mediterranean trade. do H. Turuir. stock exchange,. do I.'ni >u E ink Madrid .1. Van Z'iltir & Co , merchants Hamburgh Mark Walk r, Bax soiuner Leeds llunry Wiiitmore. stock exchange London Juo. Williams. do do Chtrlea Young, do do Bank of K.kolaxd?The following letter was transmitted to the bank on Monday, the -J:ld ult, and was i mined lately published, with th reply of thi> bauk authority "Dowmto strbet, NOT. 23, 1847. ''Orv'TLvMil?Her Majesty Ngove-imunthave watched with the deepest internet, the K u lual revival of con ttdence. in the commercial ola**e* of the country "They have the eatufict.on of believing that the ooti'ie adopted by the B?uk of Rngland, on their recommendation, has contributed to product thij result, uliiluf if hiu 1m.) i t r\t\ i nt*rin<r?rn?n t nf 'h? law It appetrs, from tin aocount* which you have tramwi'tad 10 us, that the reserve of the B ulk of England iiat been tor nomt tune steadily increasing, and now amounts to ?V<MiOO#(> Tbi( increase has, In k great measure, arisen from the return of notes and coin from the country l'h't billion exeee-? ?10,009.000, and the state of the exchanges promises a further iullux of the precious m itilfl Th? knowledge of these facts hy the public, is calculated to inspire still further conddenoe. I a these circumstances, it appears toiler Majasty's flov-rnraent, tbas the purpose wui.-h they had Id vi?w in ;ho letter w?itnh we addrejsud to you on the 25th Ootouer, has been tully answered, and that it is unnecessary to continue that letter any longer in force. ? We have the honor to b*, 810. (Signed) "J. Rvsskll. "Charlcs Wood. " Governor and Deputy Governor of the Bank of Eoglaad." "BAWIC oi ENOLASD, NOT 23, 1847. " Gentlemen?We have the honor to acknowledge the receipt of your letter of this day s date, in whi^b y a coramuuicati to us that, in consequenoe of the I rsdual retival of conidence in the commercial classes ot tii? eouatry, it appears to Her Majesty's governmeut that th? object th-y hal In view in the letter they ad0i ts? -d to ue on the 2dtfl Ootober has been fully antwered, and taat it is unnecessary to continue that letter auy longer in force We havn tbe honor to be,lie /a. _ ... "iiHEI MORRIS, Governor. 1. H, J. I'RKSCOTT, Dep Governor <: To the First Lord of the Treasury, and the Chancellor of the Exchequer. Au account, pursuant to the act 7th and Ath Vic , cap. 42, for the ween ending Saturday, Nov. 27 IsSUK DtPUTMen. JTi'tei .lint'! Gov't ileot XI1,015,100 Other securities... 2.!?(4.90n <I oldcom Vi bullion. 8,745 7JI bilvef bullion 1,210,1:11 AW,9 j6. I to Xaj.U56,l6.i DAMWNO UKPABTMBST. of oonscla f r money was 7ti wbaoea, owing to mq> sales, they rei?d?d to 85*<?the tins! quotations beingSaS tofor the January npeuing. They begun ?t Sd3j', declined to StS1* aud "losed at H ink st"nk left off at 187 to 18') Heituaed S per oents, 8IA? t'1 ? ; 3^ per n?nt?. S.iJj to In<lla Bond* 80s to j JOa. discount. Io<lis SUuk. shut yesterday lu K*' I chequer Blls a decided rifle in to be notice J; they begin at Is to 31 ^rem . a (j i left off at Is to Hi Money , out ut door*, to-day, has lirto >?>y and bill" mitiirin,j in all January have been discounted at per cmt In the Foreign Htock Market th* ehi?f trans actions were iu Mexlcid. whi>'li for money were done a' |s'^; fortbe aoi-oun' th*y were not so good being la^t < (Unit ly qu>'e.l at 17'i Sptnith w?r< also steady. and th? i per cents wrrr dou* at I*1* and the 3 per cents \!P^. U>a*'ltan auall were qUJtedrt) Kouador Portuguese A per Iv.n?s , 74 ; B?lgnn 4>? per ct ?9 Dutch 'J,1* per ueuts )4}4 and tbe 4 per wut eertilloatei 84 There was a goo I supply or foreign bills offered on 'changs to-dsy. which generally 'peaking weut off currently, at rlmilar rates to those of last postTbe corn lairket sti 11 continues dull for buyers. The rates tbl? morning remain-d us ou Monday laat ; but If j ?ties to any ex'eut had b<en Htteoiiited, ;i decline of Is uiuit Lure been submitted to Lsttrra from Glasgow, rto-ivej this P. .1 . mention tbe failure of Bailliw, Houeyrnta li Co. Their debts are tiled at ?43,Oou, and a compromise ha* bee offered of 10* on the pound In the colonial mark-Is. during tbe we*k. there has been considerable heavinrss. great disinclination haying bten i shown to transact business. The sugar market has. p?rh*pi, be?u the inuat aff-uied, a reduction in price being obaervab'e to lb i extant of Is to 1 j 01 per cwt, the market closing this P %1 with unmu il dullness, al'houuh the total quantity brougiit to public competition by tbe importers.nas been more limited than usual The suspension of another firm. actiug ai general produce brokers ma le known on Monday added lo the general depression In the oiffae market th* trade have been unwilling nay- | era, even at prices much below those of last week Several parcels of the pla tation kinds have b ?n brought forward. and nearly all tbe holder) have evinoed a desire to realize, whioh they bare only been enabled to acootnplii h by submitting to a fall of 'in per owt. The native kinds of Ceylon have formed an exception to the general decline ia price, for iu this instance, an enquiry tor speculation having arisen, and the quantity in first ; hands being small, the importers have refused to sell at 34s pir cwt, nud now demand 3js; while the common de- ' s.iriptlons of plantation range ouly at 39* to 40s per cwt Rice also presents a fall of Is per owt. and the transactions have bean limtted Of tea, a public sale occurred on the '2d inst., when 16 00a packages wore offered, and 3100 package* met with purchasers. The sain passed off | with citron* heaviness, and prices of one or two kinds i wera barely rutintiined. I'rlvately. there has baen very little business doing, but a few hundred ohests of the new Congous have been sold at Is rti. egilnst -s 2d per lb. trie opening price of la*t year. Th" arrival or the Washington, from New York, with i ?30,000 in sovereigns, was made known in the city late in the evening. It lit mentioned in the continental papers received today, that the banking tlrin of Tercelin .Sigart, of Mom, is already going through the u>ual formalities of an arrangement of affairs 1'he statement of accounts exhibited, shows debts and liabilities to the extent of three million francs, and asssts ' to the extent of fix million francs Uodrr these circumstances, it thought the Belgian govern m?nt would perhaps interfere, and. by a temporary advanoe, enable the es- ablisbrneut at onoe to resume business The same journals state that the Austrian authorities have decided upon constructing a railroad in Oallicia, and employing on th-i watkl the troop* garrisoned In ] that province Additional pay to tbe soldiers is to be gr?nted for tbis new duty, by order of the government Toe Constantinople advloes of the 17th ult continue ; to report a dull state of business The operations in : grain had been particularly limited, the disoouraglng lone of acoounts from this side greatly influencing the merohants The silk trade was rather more active, low prioes having brought forward a few buyers No permanent rise was, however, expeoted to he maintained. : Freights to European ports were still depressed. London Monlv Market, Deo. 3.?The perceptible improvement which h id tikui place in tbe aspect of i business generally, at the departure of tbe last steamer, I outiuu-il steadily to advance, until the close of the last week, when. ia coustquence of tbe announcement of additional fiilures, many of tbem of startling magnitude, a state of gloomy apprehension produced upon the publio mind Tnis leulioi(, however, operated upon by a variety of curative causes?the importation of large amounts of specie, th? absence of further fuilureg tbis week, and tbe reduction of the ratu of discount l>y the Dank of England. t? sis per aunt as well as tbe increasing liberality indicated by tbe ba uking establishments of the country at Urge?is now'oousiderubly abated, and business has assumed a firmer and healthier tone. Distress, in tbe meantime, is far from being allayed ? The monetary restrictions upon trade have undergone no very material relaxation, and the merchants and manufacturers are still alike unemaacipated ; bnt a reaction for good has taken plaou, and the results, though they may be slow, will b* sure Of realization. In the manufacturing districts ft re* vival of operations has taken place, favored iu a gnat measure by the late reduotion in the value of cotton. 1'be present prosperous condition of tbe ilsnk of Ungluni, which holds upwards of tun millions of bullion, and the disposition it evinces further to depart from th>) stringent obligations of the bank charter of 1841 by expauding,ln the rpirlt ot accommodation. haa led to a manitent resuscitation of couftdeocn.which nothing save unforeseen and improbable mischief, can destroy The state of the funds, since our last; advices, ha* been 1 toleraby steady,with a diieot upward tendency Y esterday the quotations for money closed at ?.>\',and for time at X; Exchequer bills had riseu to 67 premium, and bank I stock to 18SX. Paris, Bouru:?Thursday, Dec U?Three O'Clock ? In consequence of a considerable deliver* of rent*, the French > unds went down from the beginning ot tb* market; about, a quarter before three matters improved a j little, but still leaving prices a good d?al lower than those 1 of tbe day before The Three per Cents opened at 77f. ! 40o for tbe December account, and closed at 77f. 20c ; I they were at four o'clock done at77f 30 The Parquet i was nil day lower tlian the Coulisse, the Threes not hav- ) ini? irnne in the latter inwer t.han77f Tho I.Antt ' opened at 77f. f>o , and closed at 76f 90c The continuations continue high, b^log for the Three per Cents ~0o | to 40c and for the Kives 4 l^c. to 66o. Railway Shares | were heavy, and show a slight decline. A rumor was prevalent to-day that an aocident had occurred on the Northern Hallway, by which a number of persons had b'en wounded, it appears that an a train wan approaching the Paris terminus. at twelve o'clock, a locomotive g?ttiug in the wrong way, in consequence of the points not haviug been properly arraug'd, ran Into the last wagon, and caused about 1ft persons to be wounded, mure or lam ftverely, besides llinuin? off the engine-man with such force as that both his legs were broken. It produced no effect on the price of thu hbarea, ax the decline was ouly If. Uuc. The Corn Trade nf Europe. [Hrom Wiluier's Times, Dec. 4.J London ?since the sailing <>t the Britannia, the market for descriptions of grain and grain produce, baa been inactive, and prices rather receded. On the 19th terms for wheut wore ra:her lower. Indian norn and Indlau meal were taken, in retail, at fully former rates. On the 'iid, holders of foreign wheat were generally unwilling to give way in the eauie proportion ae. did those of English; indeed, really llae qualities wory very little, If anything cheaper th?n on the l.Vh, and ihe decline on the connnou sorts did no*, exceed Is per quarter. (Quotations of t iwn-msiiut ictured flour remained nominally unchanged American, unless very fine, was la per bbl cheaper The market on the 'J4th remained steady; the uemanu ur an arucieH was nume'i. out no change look pliun In prises W beat. flour, and Indian corn had but a slow sale on the -7th, and barely oommamled the priors of the At the market held on tb? i9<.h ult, the operations ia foreign wheat were, if possible, on a mill more restricted scale than of late; and in the ab- ' sence of business of importance, quotations remained nominally unaltered. The value 01 flour underwent no ohsnge requiring notice. The display of barley h itaples wai moderite, aud flue malting sorts were takru pretty freely at previous price*; aud even the secondary kind* were not cheaper than on theiiid. On the 1 at lust, the a ands were very scantily supplied with wheat of home produce, the general <(U*lity of which wus inferior, aris ing from the prevailing damp weather. The few floe parcels en olT-r so d at full prices, but ?U other kind* were much neglected Ktue foreign wheat*, though the demand lor thum waft by d<> mean* active, were quite a* dear In other kind* no little wus doing that toe rates , were almost > . ...n...i In all r.tlier kind* of grain, M well a* flour, scarcely any business was done At the I n arket held here on the 3d lust , wheat was in sluggish I demand at barely the rate* current on the UHth ult ? i'here whh a fair deroaud frr Indian corn, meal, and (lour, whioh ob*.?lned full prices. tn root.? Since our last publication ths oorn market lion had a declining tendency At the market held on the 2iM ult the btst description* of Kngli*h, Irish, ai dfore.ign wheats, upon a limited supply, were in fair d'tnsnd, chit fly from com. try millets, and maintained previous rates; whilst the liwer qualities of each b>ion difllcult of ?ale. were rather iWpTensed in vain*, k'lour continuing to mi';t a ?ood inquiry, cbnion American I supported late prises; the general runs and ' doubtful parcels receded 8d per barrel Of Indian corn several fui Ui t sales w- r? elTected. both (or Kn^liih and Irish con*uuption uuJ though not quite no lively as be| fore. l?te prices wrero uupport-d. Indian uiiv-tl til pur : barrel lower On the iflth wheat receded "Jil to 3d per i bushel American flour tn tintained late prices. Indian < l corn b?in? neglected (ell Is per 4801b. At the ! < martlet held on the 3t)tb. there was a fleoder attendance | of the tia it, and small show of samples of urain. flour, i Th * sales ot wheat wero quite in retail, at a decline i vjl 2d to 3 J per 70 lbs ou prices of that day week on n?w and old. Flour, too, was tint, an 1 I * per barrel cheaper I Data w.rnldper IMbs lower, aud oatmeal was reduced ! is pur loud in value. Indian corn was Is to ?s per 480 ' lbs; and lu liau meal Is per barrel cheaper, iltrley, i beans, and p?ase were offered on easi-r terms, and flat.? Vestrrday, Dec 3 sales of most of articles of the trade j proceeded with difficulty, aod th?* n^gregate transac | tions were of limited aro<imt Tbn general runs of wheat iou?t be noted fully Jd per bushel cheaper than : on the 3P.h, and the finest qualities of new Irish and foreign, though held f r late prices, were al'o nominally rather lower Flour was ayam depressed (Id per sack and barrel, eacept for choice fresh western canal. which nearly supported late rales Indian corn continues In very ?!ow requ-st. few orders appearing from Ireland aud the currency is to day Is to h per quarter below that of Vov 31), tbn best Indian meal sold at Irts rtd per barrel. Com !* "i r*i. lly our advice* from tb? north of Ku ope. It ?p. i ur? that the Ruppltea of wheat received irom be f.nmer? ut the Jiff rrnt intrktU, hid nonmwhat Inert^ J uu I un ill.) tjporl demand hn I been cum|i?ritWcly uoimpnrt'iut. lite teiidrnejr of price* bad bm;n downward*; tli?< Btook* ? M hw Jeter, much redu ed At iJiin'l'.O, * ?b1b of 70 Un i winut, w>i? reported, being low f>7 pound*, won li f?lrh-d Wt to t.ia pt r r|uart?f. I'IjO wealim ill. rr uoi,tinun'l remarkably mild. At lloa cvk, wbaat *a4 belli ftt 4>H to 4tii; II ye, 'ih? to mm mi| mmi barley, mi t*m p > riniiif, tun board. I'jicea ar? thuw Kepi up At. Mtetlhi. I ikernmi k *4? held at 47s to Hn per ipiar'er. w< i blnjj '.I |l? to t.J lb*; .>1 lb* barley uti.upvr i|'urt?r; p ** :t7* per <[unrfer The nmrketat Hamburgh wan livaly. and a eonsidera t|? tji.uiUtv of wheal m?h taken at tbnit I' per jii?rt?r idi s i. i !) 4 p.'r . ushel I* to;.?iii pat ^nartvr 'lUckiaoburg and llolstflu, f.l i>-i \ ?j Hi*. 4vi to 1? per. turwr ?>? b?.,:?f, n-luliloj I * IM }??r j. ??h?l 0i tni-tih iH v?? ^mrlar ?t ^a* rriprieotk a. !... jli i.rjj.wu u iv c securities RetT JM'JjIh (including deid Potlt'* deooiiu tin- weiyhtaunaity).,?10.946SSI rlnduudMclicquer, Other securities.. Ibvuuiii !v;?iiiK?' Banks, Notes..., 4,9Ui,'!)0 <i>mim?>. oners of (iold and silver coin ji6,77ft Nation" I Dnu'. uid UividnidAe<..)U!it?)7,729,S7i Other 'icpos.H.. . . 1 Seven day a_nl other bill 891.079 ?35,041 772 ?3\n4l,77a Dec. 2, 1817. M MARSH \LL, Chief Cashier. The above return, for the week ending the QGita November, wr.en compared with that for the pr?vious wetk. ending the 20tb of Noiember, exhibit* the follow in* change* !n thi liabiliHea an increase of I'ublic Deposits of ?109 770. an iucrca?e of other Deposits of ?373,073, ad ioorruee of Seven-day Bilin of ?9 7jo, aud mu iucrenae of BM or ?6 .144 I.i tte as**-'s the return shown a d rrease of o'her BeenrUi' * i t ?i->0 307. an increase of Reserve of Notes of j?75-i 49.V an increase of Oold and Silver Coin in the iiunkii g D. pertinent of ?ss,686. and an increase of the 4> iVi r< m tnt S curities L-ld in the eanio department ol ?31J CH7 J'ht Bullion iu t!ie issue an 1 banking departments topi, hi r amounts to ?|0 432!>43 winch, hs compared vslth ?10,016 9.^7, thii Mmu jrit of the previous week's return, snows an iu'-re*se of ?Sil 088. I'he .Voles and Cost Hills iu circulation amounted 'opeih i to ?19,860 664, which, as compared ?ilh ?J0 179,074 lb aucuctor tha pftceJiog week's return, shows a VI i Jin 1*" Y'l- Moo/e r< turu exhibits in a marked degree tha iner-asiiig rtrcn^tb of the banking department, the total res?r*?, in -.luainK tlie coin in band, being now ?0,668 3 i sii jwln* an increase of upwards of three-quarters of a million sterling in th? course of the week This in' as kieeti rhiefly ;he result of the usual payments i ltd tue bai.k on account ol the public rovenue; but it w; I observed that the private deposits have onc? tU' re begun to Increase, < b' amount tnls w?ek being eonr"i?ratl-? The item u oth?r securities. consist in? ot advance" oa Mils and stock, shows the strict of tbe bull ru.e < I 'Mi rtni, the amount Imvir g decrease d upwards, of n ;'inrier of o million I bis result may l>o aoubt in p? i ?tt lbut?d to the diminished demand for banking u-yu o )o?"iuei re i.l tbo contraetion of the trade i 'on., rj, bu', tills is an ell ctof the high r?fe ol lis utit As tbo bauk baa not b> en eble.or lias not thought proper, loeuiil y its receipts for the week in artt.n" ?s. it li*? iM;reasi> 1 its amonntof < ?ivernment icur.tus exchequer bills, and Ir will be seen that 1 ti. t euro iuves'ed ,i, tdiese securities neirlv erjuals the. r.uiOUItt le :etve<l as private deposits Tb? increase 1 of oui'U to the 11> nt r i ii ;<,Hrd i of ball' a in.1 lion M?r7 urovej ihi.l tUe Oram lor gold bai i ow ceased, and I wh tielicve ttiaUargti sums tsken fr> m the bank during t'- . I. v.; panlu ?ill hex In to ttnd tbeir w?y ba< k there, I an i ?i. augment the *mount, whiri will come tn us from | the eontluen' and -\m? rloa In conser|i<ei of the state of the e*',hii g?s / ae circulation has declined, but this Is nasily explfiiied by i ' ri-uee tr. th> i.tbor Items | t the aojount, showing (he diminution rT ajvancep Mi! the reucip'ii 0J> ?i u not of the rovtroo*. ! privii. thf i >bcJcd Tltrn, f ? nrjay, D?o ,4, ln7 'fit* i fllll.U tC J.ij ?uv* A slitflit <J*l)lii)e; b>l( l??Vs i"?M? MlBpii*nt <b? <5r?l yries . ?^luil; Danish sod Holstein. deliverable at Hamburg. oommauded -8? to '37? p?r quarter. Krom the south of Europe the intelligence is of little , interest. but the value of wheat appear! to hare been ' well maintained at all the leading ports of the Mediter- ! raiiean. A>i:h*i,ic ran t u* (latin i> Kpiolvtd. IV*'. Burly Oat*. Hye Hut Peat Oct. lft. 64 3 33 6 33 7 31 0 4o 3 14 4 Oci. II. 1i 3 31 7 23 t 31 0 47 I 47 H Oct 30 M 6 33 * 21 1 314 4*> ? 40 10 ' N'<r G 43 4 32 8 21 0 3< 1 46 ft <9 4 Nor. 13..... .41 S 32 4 33 4 33 7 44 9 48 3 Nor. 3<l 44 3 31 0 23 11 33 10 44 '1 49 0 Av. of6 will. 43 10 33 9 21 0 31 2 4S 3 43 4 LiTKarooL, Deo 4. 14 o'clock, M.?Co**, kc.?Beet Western caoal flour'384 to '2!>i per barrel; Richmond and Alexandria. tov'^tttd; i'hflsdelphia and Baltimore, J8? to '3b4 til; New Orleans and Ohio, 'ilia to '37?; Canada. '37a to jUs; United States aud Canada lour,'3Is to jn? Wheat?United States and Canada white mixed per 70 pounds, 7s li 1 to H? 4d; red, ti* to 7s til. In Ran Corn, per quarter. 33a to 3S?. Corn Meal lfts to 15s ttd j per barrel Oat Meal, per -380 ponails '3.>s to '271. Oats, i 4j pounds. '34 6d to 3* Barley, per 60 pounds, 3s to 4s. ' Rye. per #o pounds, 3s to 4s. I'.a?. per 504 pounds, 30s | to 40s Siuce the departure of the last steamer tbe corn 1 market has been greatly depressed by a rlaokmed da- j maud from tbe interior, whfcb with, other uau<es, has 1 considerably deadened Us activity Flour has fully re- I oeded from ttd to Is per birrel White Indian Corn ! aud Corn Meal hare been equally depressed; the latter is 1 lu very sluggish deiuind,tor Ireland In the London market yesterday, although the arrivals of Engl'eh wheat for the week had been exceedingly limited, the business transacted was scarcely noticeable, save for some selected parcels, which brought average prices. The introduction to the market of home farm produce, will, doubtless, for tbe present, operate severely against for flga importations Pricks or BKKADiTVm in Liverpool, acce?Diwo to 1 Hi: Tt LEHIiAI'Hn: Report Sum. 18. Dec. 4. American Wheat,. . . 7k 4d a Ms 9d 0* 0 a H? 4 American Klour, 2#s 0 a SO 0 28s 0 a 'J9? 0 Indian Meal, l'>s t> a IB 0 168 0 a 16s 6 Indian Corn, 3fts 0 a 39 0 32 s 0 a 3t>s 0 11 at nk Corn Market, Nor 23?The transactions In foreign wheat and flour are now quite devoid of interest, and our quotations lor the former are f 48 to 40 per sank of 200 kit. according to quality, but fhey aro merely nominal, and for American flour f 32 to 37 per blil. Several cargoes of oats were imported from Hamburg aud Denmaik At the last Montivilliera market, the average price of home wheats was f 6ft per sack of 200 kil., showing a decline of t 1 on the previous quotation. Not. 30? Nothing whatever has been transacted in breidstaffs. We quote foreign wheat at f 4,> to 6ft per sack of 200 kil and Americau flour at f 32 to 37 per bbl We have lecelved a cargo of oats from Denmark A s?le of 816 bags American oats took place at t 10 12X per 60 kil. At the last MontiTiiliers market, the average price of home wheat was 164 per sack, showing a decline of f 1 on. the quotation of the previous week. Markets. LitiifOol Cotton Market.?F?r the week ending vemb'r 26.? The middling qualities ef American are a little higher this week, perhaps Jid, not more The discussions in Parliament relative to the state of the commercial aud manufacturing districts, appear to be giving a little more confidence to our proceedings, both here and in Manchester. There is less of gloom, and greater willingness to enter upon new transactions to some guarded extent. But it is under the influence of a better state ot things, connected with the rate of discount and the lower value of money, that this small fraotion noticed above has been thus tardily obtained The change for the better, however, is only to a very small extent. As to any important advance In the price of either the raw material or the manufactured, very little can be said on that score ; and perhaps, after this long and patient watting for events, we may be foroed to the unweloome conclusion, that the vast impoverishment of the whole of Europe by the failure of tbe potato crop and the food of the masses, lor the last two or three years, will admit ot no other than a slow and very gradual re storatloa. The progress from antual privation to aotual abundance. Is but rarely a quick movment. 400 American aad 30') Surat have been taken on speculation, and *2060 American, 2ft0 Surat, and 20.1 Madias for export. Th# salus for the week are 28 200 bales. ? Gtorpe Hult f Co Another K'vorl.?There ha* been a good demand from the trale during tbe week, and exporters have also purchased rather freely. In prices little change has occur- l red. but tbe middling qualities of American are quoted J{d higher. The recent import of Egyptian has been pressed up->n the marknt at a decline of '4 to J?d per lb Brazil and Surat are unaltered Speculators have taken 4<l0 American and 300 Sum, and exporters 2050 American, 300 Madras, and 200 Surat The sales lor the week are 26,260 bale* ? United Broken. For the week ending Dtctmher 3 ?We are ngain a little lower in ootton. Perhaps ','d will be the nearest fraction that oan be named for the reduction of this week. In some of the better classes of American the decline is more than '? d, while in the lower sorts it is hardly Romuoh. There is. however, on all side*an apparent reconcilement to the low scale of price* to which the market has now sunk, and the hopes of a turn up again to the rates existing at midsummer have latterly disappeared altogether. This more settled view for the future has been brought about maialy by the increased estimates of tbe ooining crop in the' United States, and the reduce J scale of prices existing In that country, lu other respects the point* bearing upon our market seemed to be in its favor Cheaper and more abundant money,-with less commercial engagements, a light stock, absorbing corap ratively but little capital, a somewhat increasiug consumption, wiih a continued low price of corn, should give stoadioesa to our proceedings, or, at any rate, save us from mpoh further depression. 700 American and 100 Surat have been taken for export? The sales fur the week are 22,000 bales ? O^orge Ilolt f Co. Jlno'her Report?In the early part of the week there was a fair demand from the trade, but the purchases fur export have been less extensive than of late; hulders j have shown an increased desire to effect sales, and since j the arrival of the Boston steamer, bringing larger estimates of the crop, the demand ha* fallen off. and much heaviness has prevailed ; in prices a decline iff quoted of ,S'd to '4*d per lb. on nearly all inscriptions Exporters have taken 700 American a>id 100 Surat The sales for the week are '22,000 bales.? Unitei liruktri Liveri-ool Provision Market, Deo. 3. ?Beef? Prime mess,per tierce, 304 lbs uew,8l to 90s; ordinary 70to80s; old not quoted; mess, per bbl, 200 lbs -10 to -Iris; ordinary 30 to 42*', prime 30 to 30s; extra India family, ho., per tierce, 338 lb*. 90 to 100* ; Pork, prime m**s. per bbl, 20J lbs, 00 to 02s ; old 30 to -40; mess 00 to 60s ; prime 38 to 42s. Bacon, dutyfree. | uricu kuu nuit'ikwj, uiu, yrr u?wv, ou iu nna.j lUDg mitlUltifl, tree from bone, ill salt 30 to 00s. Hams, aiuok?d or dry, ' in canvass, duty paid, J<) to 60s; in casks, salted, ;26 to j 36s Tongues, ox, in picMtt, duty paid, per dozsn, 10 to 10a ; pigs. per cwt, 16 to '26s. Butter, United States, not quoted; t'auadian 70 to 86s, duty paid; Cheese, fin#, du1 ty paid, 40 to 60s per cwt, middiiug, 4i to 46s; ordinary, ' 30 to 40s per cwt Lard, tine leaf, in kegs, per cwt, 60 to 64s; do iu tbls, 49 to 62a; ordinary to middling 40 to 64s; i do iu bbla, 40 to 6-ls; ordinary to middlirc. 40 to 49s; in- , ferior and grease,'29 to33s. Rice, duty free, flnt quality, per cwt, 19 to 22s; second do, 16g Od to IDs. Livkhtool. Pbices Cvbrknt, Friday, Dec 3?.Sugar ?Holders having shown more uisoosttion to sell; the market baa declined 0d to Is per owt; the sales are 700 bhds 11 1'., and 3000 bags Bengal, and a few bags damaged Mauritius and Madias at this reduction Foreign?The sales are routined to 100 brls Uracil, 140 boxes Havana, 'JO hhds Porto Rico and 130 baga New Grenada. Molasses are Od per cwt lower, 17s tfj per ! cwt, having been acoepted f >r 330 casks Barbadoea from the quay, aud at this reduction the trade are very unwilling buyers. Coffee?There has been a moderate demand, and 100 tieroeg Jamaica have been sold (chiefly by auction) ut latt week's prices Of Foreigo, the only sale reported is 00 bags Laguayra at 66a to OJs (Id per cwt. No sales of coooa. ginger, or pimento; 600 bags i black pepper brought J\d per lb. Kioe?100 tierces Ca rolina sold at :23s, 3000 o?g? Bengal at 13a 6d to 16s lor middling to fine white,and 1000 bags Madras at lis per cwt. Hum?The sales are about 3,>0 casks Demerara, 12 per cent O. I' , at 2s 3d to 3a id for high strengths; j ltIO caaka Brazil also at about Is 7d per gallon proof Tea - The market still continues quiet, and oommon to

gsod Congous may be quoted at Sd to Id per lb lower ; iu greeu little or nothiu< doing Nothing doue in Indigo einne the la'e publicl sal< a. 76 chest* of shellac sold> at 37< to 4Js per cwt; a few chests of gum arahio at 40s to 4js per owt, and small sales made iu gambier and of pearl sugo, without change !20 cases of castor oil sold [ at I to 7>^d per lb. About 1800 bags of saltpetre have ' been disposed ot at 29? to 31a per cwt ; about 4000 bag* 1 of nitrate of soda at 10s 9d per cwt. Guano-400 tons wf 1 damaged Peruvian sold at A'j 6$ to ?6 10s per ton ' Dyewoods?A Moderate extent of butin*is has been i transacted, and prices are not materially altered ; about ' 400 tonsTobasci/logwood were|cifl'?red by auction,but the i bidding not equalling the owner's Ueas, the whole wag withdrawn, whilst for small parcels of Campeacy ?7 lfts, 1 is atill obtained, and 00 toua Jamaica brought ?4 KM per ton ; the sales of fustic compri?e '20 tons Cuba at ?7 to ?&, 30 tons Puerto Cabilla at ?b ; very little has oo- : nurred in barwood, red saudarg or aapan wood ; about i 25 tons camwood havo been disposed of; there has be-u morn doing in lima wood, and the transactions are 130 I .UUB. _<. *> . luo US j- I |in luu jut) lurpeuuu" mar Wet in again lower, 6s 1i?h been acoepted for 1000 b bis No gales reported lu American tar Of Amerloan rosin. ; : 301)0 to 4000 bbltt have been sold at 2s 6d down (O 2s 3li '> Rather more d> m in J for potaud pearl ashes. at prevlnua i prices 20 hhdi Quercitron bark are reported atand | a small parcel of bees' was at .(A 6a per ewt. Hides - A few silted Illo Grande and .Monte Video have been taken at J for heavy ox, and 3d per lb for light, and , i about 20 000 East India kips at rather lower prices. To- 1 I i.*oeo- The sales for the last month are 7143 bhds tIj., t 196 Virginia leaf, IsO stemmed, 44 Kentucky leaf, and .164 stemmed ; of these, 240 were ibr Ireland, 431 trade, | and |i>3 expo tation. In prices no variation 150 ton* I I Sicily brimstone have been sold at ?fl per tou, 160 bags ! Sicily sumac at lis fid to Ids , 7 eagles grey Tartar, at 4S?, and 2)0 bales Turkey madder roots at 40s per cwt i JO tuns olive oil hav been takou at ?42 to X 16 per 262 I galls H?h oils continue excessively dull. In seed oils i and oil of turpentine the business Is on the most limited scale, atid prices rather easier Palm oil haa experienced . a serious decline, about 206 turn*,l living been sold at ? 18 j down to ?26 Ins. aud in one Irs ance. even at ?26 per un Jute Is agaiu lower, inferior sorts having be-n ioM at ?3 per t n, and for tbe hi-et not more than ?17 could uoir be obtained The tallow market has rather imt proved again, FetersburgU Y.C. having been (old readily al 4>s fid to lis, and'b?re are few. if eny, sellers now under 46s per cwt A lew casks North American, sold ! at 42s tid in 43s 6.1 American Lard?SiiO bbla are reI potteu at 47s to 4'J a fid per cwt. Li'KBrooi, MiKsri Uec. 3.? We quote lead io bond. Xi.) 10 to X'16 10; British bar iron, pir ton, ?!'; o<rno. in Wales, bavs, X* 10; Welsh p|<, ?s ft, Scotch do, 13 7s fii ; Tin plates. J. < 1 , b?st charcoal, 80s; X, per box. i Liv; a root. Mi" ii i.a>koi s Mikhi.i, )i?n i ?Tallow, duty paid per owl, 42s tid to 46s fid. Tar, duly free, per cwt, 14 to Mis, l itch. duly li-ee. JsDd to 3s As. (ids - I.ard, duty 1 free, per tun X3*to ?4 1, Sperm, duly paid. X'"6 to X's7; whale, duty fi?e, ?'2tt to ? is. Turpentine, rough, duty free, per owt, lis to 7?, spirits, duty paid, p?r cwt, noto I 36s llemp, dew rotted, per ten, ? .7 to X'.'H; hackled, | X ,'S to ?'32 Hides North \merican. salted to tanned, I -.'to lid M^ps in bond, p rowt, 40* to fiOs Unseed, | cilKw, datjr tr<?, p^v tou, A. 1 ID to ?10 10. J{0*i.i. duly frae. auiber andjallow, |?v* u*t, ** ?<! too*, i nbaeuo. Ii'rom \ irgtnib faded In taw4.t0 menui*, lured, 'I to "J Vbw? i *. |*tMk p#r <*wli "H MMJli fMfl*. <u N ?lt , Montreal, pots. Mt Od U 19s; pearls, 31 to S4. Bark, Quereitron, N. Y and I'nlladelpbla, per owt, 9 to 10a (id Hivbk, Not. 30 ?Cottons? lo tbe latter part of the la?t fortnight. owing to the eagerness of holders to run off their stock, and tbe stagnation produced by the unsatisfactory nature of tbe advUes of tbe 4th inst . from the United States, as well a* tbe unlavora'ole newe from England, price* experienced a further depreciati'in of f 4 to it, and our market broam* exceedingly iriegular. bat as it appears that the present low rates leave sufflcient margin for remuneration to the manufacturer, dealers Irom tbe trade have be*u induced to come forward; the demand within th>se few days baa assumed some degree of activity, and the transitions have t>-en dally ot a steady character, and to a fair amount. Holders wbo had previously exhibited a great anxiety to realise. having since manifested some ttrmneee in their pretension*; prices are now quite regular; and the la t intelligence from Liverpool and Manchester being of a Ir-s discouraging tenor, the appearance of things, at tbe close of tae ^ast fortnight, was, upon the whole, rather more enlivening, although the scarcity of money was still severely felt ou the other side of the channel. The Philadelphia steamer, which arrived on Sunday morning, brought us New Vork dates to the lothinst ,the contents oi which were not productive of any change in the situation of our market at the opening; prices remained steady, and the sales amounted to 1000 bales, taken for consumption. Ashes.?We have little to notice in American pot. mice* of wbiuh remain at A if. A lot of.Caaau pots found biiyert at 63f per oO kll, duty paid. Tearl is merely nominal at olif. A tupply of 100 bbls pots has been received from New Vork Hides?Onr market remains in the same dull state tbat we before reported, and holders are obliged to make a concession iu prices, in order to elTect sale*. Tbe transactions consist of 10,011 Monte Video, dry, at 0 2}? to OSo, '1700 Valparaiso, wet salted, at -17 to 'JHc ii00 Carthagena, wet salted, at 2ic, and 20 b.'lei Lust India kips at 4oo per half kil. duty paid. We have received 4193 bides Iroin Monte Video, 1143 from ISruzil, OI'.' from New Orleans, and 400 from the West Indies Hice ?There ban been very little d'dng in Carolina; only 'JO tierces have been sold at 31f AO per 50 kil, for home use Our quotations are 'IHf to 111 60 At a public sale held, 64 tierces, damaged, were run off at 2'lf a >! 7.1 and dm haira K.ukL India, at Of to 15 per AO kit, duty paid. A lot of 117 bags Carthagena toned buyers at 16f 00 The Baltimore, from New Vork, bad on board 109 tierces. Stock oo band 1200 tierces Tallow, Uo?Although the demand for Tallow hat been moderate, prices nevertheless maintain their ground at our quotation*. The sales elTeeted were 60 casks Ituasia, yellow, in looo, at f 67 50 ; 210 CHsks were deliverable at the end of the month, at f 00 00 to 07, and 1IH1 casks deliverable in December and January,at f 61 60 per AO kit, duty paid. We have nothing to report In American Lard. The imports were 100 casks Tallow from Loudon, and ri cask* from New York. The Baltimore had on board 100 bbls Lard, which were sold previous to arrival Whalebone?Very littl-< has MM transacted in this article, and prloes have receded from previous quotations. Tne only sale of reoord is a lot of 2 tous north-western fishery, ut f 2 20 per hulf-kil, duty paid. Asupplyof 708 bundlts arrived from New Vork, and 200 bundles were received coastwise. Stock on hand 140 tons, against 116 tons last year. Stat* of Trade. Man< hks rt ii. Kriday Evening, Dec. 3.?There is less business doing this week than last, ami confidence has been again shaken by the rumors from London of several Haft India houses being in difficulties. If there is any ohange in prices they are lower, both for yarn and goods, and the reduction of interest by the Bank of England has not had any beneficial efTo jt upon our trade, as to-duy has been the quietest of the week. Tlie Hll>eri?la,.<i IMcwh. N. York and Boston Tkmemrami OrriCK, > Christmas, 1847. $ Editor Herald? Dear Sir : Your report of the Hibernia's news, as published this morning in your Extra, is calculated to do my assistants injustice You say " our telegraphio copy oan scarcely be read;" and those not familUr with the facts, would suppose we gave you an unintelligible copy. Such is not the case. The oopy furnished the agent of the ooniblned press here, from whioh your copy was made, by your agents, wasa plain one. and your failure to get a plain copy la no fault of any one in my office, or of Yours respectfully, JA9. F. F08S. Remarks.?This is all correct. All reports direct to us are always very correct antl plain. Indeed, they are remarkably so. But the one referred lo in the ahove note was very indistinct. This, however, was not the fault of the operators of the telegraph. Philadelphia, Deo. 20, 1847. Movements in Politict in Fenniylvania?The Buchanan and Dallas ICingi of the Democracy. In this oity the democratic party ia In aotive motion, and the political cauldron ia bubbling and boiling at s tremendous rata. The lines are stronglv drawn between the respective friends of Mr. Dallas and Mr. Buchanan, and both parties are busily engaged in preparing for the election of delegate* to the State csnvention, which election takea place in the early part of January. Until that time we may expect the excitement to continue.? To a mure observer, like myaelf, who, though friendly to Mr. Dallas's succession to the I'reaidency. entertain a just appreciation of Mr Buchanan'a talents and public servicps. the ocoaaian ia OM of interest; and I purpoae, with your permission. to jot down some of the impresfionn I gather from a panoramic view ot the whole aoene of aotive strife. The "war meeting" held on Saturday evening was an imuunsc gathering, and if we am to judge by a oocaparison bntw>-en it* size and the meeting neld by the exclusive friends of Mr Dalian, tor the same purpoae, laat weak, the iDdioationa are that the iluchanan section of the party ia the strongest, even here, where we Imagined our favorite Dallas was impregnable If such ia the fact, we must be content. For niy part, I shall bow with deferential submission to the msjority of numbers. The resolutions are strong, and prepared with great ability, and they were adopted with greater enthusiasm than I have lately seen characterise the proceedings of any publio meeting It ia much to be regretted that after the adoption of proceedings of a dUuitied character, one of the apeakera, Judge llarton, should have 10 far forgotten bis own self-respect, and the character of the people by whom ha was surrounded, aa to introduce into hi* speech remarks and alluaiona to (|ueen Yiotoria and her consort, which, to say the lekat of them, ware not marked with decency But it ia almost impossible to coutine public speakers always within strict limits, and as Judge II was thoroughly '-warmed up" by the enthusiasm of the occasion, it is to be hoped that he was carried away by his strong impulses to use remarks that I an sure his cool, sober sense will condemn. An attempt was made by certain persons to get up an opposition meeting on the same night, in the Northern Liberties, but it proved a failure?the multitude thronged to the .Museum, and some seventy or eighty person* only, obejed the summons to the Northern Liberties Hall This prealdential pxoitem?nt here haa brought the strongest men of the party into action. On the Dallas side of the question are to be found rallied together, Col. Page, the Collector of the Fort?whose odlolal position given him the power to render esential all to his favorite; judge Kane, Kx-\ttomey Gan. Gilpin, Henry Horn Jus Magee. J udge Kelly, and Attorn?? General Champneys. operating Id the same way; t igetherwith a host of smaller fry politicians, attiLh'i ol the Custom House, ,such as Kills Sohnavtl. Uirjimin MilHin,Geo. Guier, I'eter Fisher. anil Gen. lioumfort. 1 think we should hare been stronger, even here, had it not been for the injudioious oonduot of some of those pe.sons who have been violently abusive of Mr Buchanan, forgetful that, should lie receive tho national nomination for the Presidency. they must either oome Into the support of the man they aaoall, or go out from the democratic party altogether, It was n very silly measure of one of these individuals, to prepare and publish in the I.tdgrr, on Saturday, what purports to be an extract from an "oration'' delivered by Mr Buchunan in 181ft, in which he denounces foreign Influence. The object was to sway foreigueri against him; but it cannot produce that enii, tor gist of Mr. Buchanan's argument waH to sustain the doctrine of Gen Washington's Karewell Address, and the principles held bj Mr. Jefferson?that as wo art separated by wide and natural boundaries from all Kurspean governments, it would lie the height of folly to enter into alliances with them, or to Interfere in any manner with their domestic difficulties and relations. Instead of taking exception to Mr. Buchanan's views, nine-tenths of the people are ready to stand by and sustain them. I mention this to show how easy a thing it. Is for men to mistake their true policy, and do good to the very individual they seek to injure On the Buchanan side of the party, there ia a strong array of available ability I may euumerata among its leaders, Gen. Davis, lrng a leading and influential member of Congress, who, durlug the canvass of 1S44, essentially demolished, in argument. Joslah Kandall. and other whig ohampious. on the subject of the tariff; Gen. Keim. a favorite son of Old Berks, who is aa distinguished for his versatile talents, as his County is remarkable for Its immense majorities; William A Stokes, Esq., J the leader of the reptal party, and one who is as remarlsable for his abilities as for bis generous amiability; Hon John I Smith, lata the representative of the third con gressional diftrict; Major Belstaling. the accomplished and popular executive offlrer ol tr a Northern Liberties: Col. 8 1). r&ttersun, whose position for many j eari u editor of the central organ of the party, at iiarrisburg, ;"iv? him a uolversai acquaintance t jrcughoiit ti State, and who in regarded a* one of tbe most upright and shrewd and sagacious politician* within ltd limit*; John W. Forney, whose talents are attested by the skill and vigor with which ho conducts the Penmyleanian newspaper; Dootor Lehman, the postmaster; Barry Hayes, one ot th? most zealous and untiring democrats we have amongst us ? besides a host of others, who are alwiy* at work, to build up and sustain the cause of their favorite. It is not saying t' o much to declare, that no man ever had a body of stronger or more <-IHcient friends, than Mr. Buchanan possesses here.and depend upon it. they will make the election of Dallas delegates, in the city and county of I'hlltdelphia, a work of no common mognitude 1 would.remark, >n pauant, that the Buchanan leader* have Introduced a refinement of. tacllos which is at least original ana deserving of notice. Instead of holdlog their preliminary meetings at some tavern, as was formerly the curtom, the prominent men of that par^ hold tmri't, tc which all the fiithful are Invited For Instxnoe, W. A Stokes gathers them together on one night; Judge Barton dors the honors on another; J. C. Van l)y!<e prepares au entertainment on a third; Col. I'attemcn throws optn his residence on a fourth; Dr. I.ehman succeeds him; and at these meetings,'good things are itlecnssed, prospects canvassad, the irresolut* made firm, and the active incited to new dilllgence and exertion The plan is a good one. If the meetings were held In any public place, all that is done or determined upon would transpire. As it Is, none but the friends of Mr. Bivbiujtii participate, and the opposing portion of the party Is left In entire Ignorance what mine Is to be sprung upon them. I have a passion for beef alamode, upload oysters. &c . and only regret that our leaders do not Imitate the exxrnplenf Mr. It. a friends In this par[ tlmilar. I Taken altogether, the flsht bet*een the rival factions here, in becoming quite interesting. I law It will eventuI ate, time a'.oue can determine, but, with your uerrule | ?lo?, | vclli ivntl t?ti tbs mud wain it li ow, Weans# j I kno? you ami tbe huodrtd th' MSWid tMdtii ef tb? j H> win in a ||fl ?f Mj# ww?n?iH | ?H.? iqlMtfsy NEW YORK HERALD. north-west Corner of Pnlton and Nassau its. JAMES GORDON BENNETT, PROPRIETOR. _____ 1 DAILY HERALD?Every day. {Sunday included.) Price 2 cenld per copy?$7 a per annum?in the United S'atet European tuhtrrihert, %\\ per annum, including I the pottage WEEKLY HEHA Lit-Every Saturday?Price t>* ; ents per copy?tl IJH per annum?in the United Statei European tubtcribert, by tteamihip, $6 per annum, including the pottage HERALD FOR EUROPE?Every Sleam Packet Day ?Price cent* per copy?15 per annum, including poitige. or $3 'iS exclusive of pottage. Subscription! and advertitementi will be received by Mettrt Oalignani. 18 rue Vioienne, Parit; P. L. .himm, ig Cornhill, and J?hn ! Uillrr. bookteller. Henrietta itreet, London A I) VERT1SE MENTSat reotonaile pricet; to be writ' ten in a plain, legible manner. The proprietor not retpontible f?r errort in manutcript. P RINTLNQ of all kmdt executed beautifully and with I'tpatch. .'Ill order I at the Publication Office, corner of r utton and jfattau itrerti. JILL LETTERS by mail, for rubicriptiont, or with advertnementi. to be pott paid, or the pott ige will be deducted/mm the money remitted VOLUNTARY CORRESPONDENCE, containing I important newt, tolicited from any quarter of the world? and if uted. wilt alinayt be liberally paid for. N O NOTICE can be taken of anunymovio comniumcatwin. /i at ever it intended for miertin" mutt be authenticated by the name and addrett of the vri'.er ; not nettttarily for publication, but at a guar any of hit good faith. tfe cannot undertake to returnnjectea communication*. JILL PAYMENTS to be made in advance. AMU8KMENT8 TO-MORROW EVENIMO. BOWERY THEATRE,Bowery ?Grand Spectacle or the R von Tion?The Bottle?T?ik muhtrl Heib. CHATHAM THEATRE. Chatham itreet.?Equestrian Drama of the Bride or Abydob?State Becreti. FAliMO'8 OTERA HOtJHK, Clumber* street.? Farce of Lots im Litkry?Grand Ballet ol La ( Riritw. CIRCUS. BOWERY AMPHITHEATRE. BowerySaMOt, & Cm.', troupe of Hortei?R. 9a*i)i and Horn' featuring, ?qiietlrianl*m, 4te. Uc MKCI1 \NIC8' HALL, Broadway.?Chrittj'? Mini'reli, SiNat^a, UunLKa.(t't Daxcini, lie. LAFAYETTE BAZAAR. Broadway-?DioiiaMaa. Micua!flc4l< Mi'ski'm, tic. thisITvenino. BROADWAY ODEON, Broadway.?sacafd Conckrt aud SoirTUKaL TaaLat'. New York, Sunday, December iiO, 1847. The IVewa from Kurope._<U Character and Probable Effect*. The condition and direction of the commcrcial affairs of England and other parts of Europe, are any thing but favorable tmthe money inarketH of the United States. The continued depression of the prices of the great staples of this country? the continued import of the prccious metals into England?are movements tending still further to protract the pressure in the money markets of the United States, and gradually to bring about a state of commercial affairs that may end in a crisis of no slight magnitude. The direction of these things in Europe is governed in a great measure by the action of the Bank of England, in connection with the policy pursued by the private bank, ers and capitalists of London. These piivate bankers and capitalists are also in constant connection and correspondence with the statesmen of the dtty, belonging to tho governments of France, England, and other parts of the Continent. The pressure, therefore, and the tendency of things in Europe, may spring from two operating causes. The first of these may be traced to the speculative disposition of the great speculators in London,and elsewhere, in bullion, in corn, in cotton, and everything which they can buy up or corner. The leading speculators of these cla&ses of commercial men are, probably, the Rothschilds and the Barings. They possess vast capitals, with numerous agencies in every market in the world; but above all that, they have control over the operations of the Bank of England and the bullion market of that country, which enables them to raise or depress prices according to a fixed mathematical rule. The motive <>i those operators is, of course, selfinterest?the making ol money; but there are other motives, just now, of a more particular character, still tending in the Haine direction with those speculative objects. The governments of France and England would be willing to combine in any general movement which would ultimately affect the government of the United States, and break down its operations towards the conquest, annexation, or annihilation of Mexico. If the money markets of the United States could be broken down, 90 ns to prevent the negotiation of further loans, required by the United States'government, it might be expjsctcd by those statesmen who so much dislike the growing power of the United S'.ates, that our government would be forced to rctrace its steps, abandon its conquests, give up our position in Mexico, and leave that great field to the action of European powers, who might do with the mines of that country just what they pleased. It wiM be aeen, therefore, that there are political, as well as commercial, motives, combining to govern the direction of the commercial affairs of England and of Europe, and their action on the commercial aflairs ot thin country. How long these motives will last, will depend entirely on the pecuniary purposes of those who inny enter into these speculations, and on the success of the great statesmen, in reference to the action of the United States government. Government, in England and France, is as much a matter of finance and of stock exchange, as of equipping Heels and armies?as of fighting battles, or making protocols. The great capitalists and the great statesmen of London and Paris, work with the same cards for the same general purposes; but still, from different motives?the one party wanting to make money, and the other wanting to create power and influence. These general facts and special characteristics of the commercial movements of England and France, by the last accounts, will have a most important bearing on the policy and interepts of this country, not only in connection with the banks of the large cities, but nlso with the measures of Congress and the action of the Executive. Already, several measures have been in troduced into the House of Representatives at Washington, and also in the Senate, looking for a vast increase of the military force in Mexico, leading to great and extraordinary expenditures of money. For the next year, it is probable that sixty or -eventy millions of dollars will be required to incet the past and coining engagements of the government, provided we maintain our present position in Mexico, and still continue ths war in that region. large portion of this must be raised by loan -p robably much larger than any that has been laised since the commencement of the war; because, under every aspect of the cane, the diminution in the prices of the American staples, the stringency of the Bank of Kngland, and other causes, will tend to diminish imports into the United States, and probably diminish the duties arising from those imports. Ol course, the deficiency must be made up by additional loans; and accordingly the prospect, from the commercial affdirs of the whole world, would seem to indicate thai a most extraordinary loan, e.jual to forty millions of dollars, in addition to I lie revenue, will be required by the I nited States' government during the next year, in order to preserve even the position we now hold in Mexico, lo say notmng ot ttie further operations in that republic. There is uo symptom in Congress, or in the Executive, that a leas amount will b^ required. Thei* is no indication from Mexico of peace -ao prospect thai I leads the mind for an instant to contemplate the 1 termination of the war. The President, Con| "reus. and all tlie banks and the capitalist in lie lar^e cities, must, therefore, prepare for u I new and important i^is in the monetary affairs of this country?n crisis and a pressure, the equal i ofwhich has not been felt sino* the l int war with ' Uiigbudi or ? ?im)a t'uc revolution iu*lf. i Wh*? >v*, ci??r**4??r<*# k'?* nbfottl wi? >li? iMmh n mercial world?when,we seethe present elements at work?the spirit which actuates the London capitalists, bankers iuid statesmen, and also those of France?the measures of Congress and the Executive?the position of the United States and Mexico?the improbability of terminating the war; when we look 011 all these things, and then examine the position and standing of the banks of New York, and other large cities, we are constrained to say, that alarming symptoms of a crisis are presented to all engaged in large operations, and in large business.? Giving every due allowance to good fortune, and tiie friendly disposition of Providence?which is not a great deal in money matters?we must I say that there is every prospect, before twelve or I eighteen month?, of u general suspension of the I banks in this country, with all its consequences to trade and commerce. Yet the country is prosperous?the great mass of the people are prosperous?there is more specie in the country than at any former period; but the great mass of it is in the hands of lire middling and lower classes, and there it will remain.? I The banking interests, the capitalists, and the great foreign merchants and manufacturers, now stand on the verge of such an important gulf us they never stood on before, according to the appearance of the money markets of the world, in connection with those of the United States. We say these things with < almness and deliberation; ior any disaster in the money market, like u suspension of the banks, would operate as much on our special interests, in proportion, ns on those ot others ; but we cannot look on facts coining out as they are from England?we can't witness the principles and policy of the Bank of England, and the continued depression of American staples, together with the increasing expenses ot the Mexican war, and the character of the present Executive and Congress, without stating precisely what we believe will be the winding up of all those several oauses of action in the money market. If all our banks, and those connected with them, escape suspension, within twelve or eighteen months, it will be almost a miracle. Let them reflect calmly and quietly on these facts and these evidences, and prepare themselves, accordingly, for the avalanche that must overtake them, if some great and important remedy be not devised soon. Important from Washington.?We learn trom Washington,that the members of Congress favorable to the election of General T'iylor to the Presidency, intend to have a meeting of a private and preliminary character, probably at Coleman's Hotel, some day during the coming week, perhaps on Tuesday. This meeting is intended to consult and advise as to the best mode of conducting a great popular movement in favor of General Taylor's elevation to the Presidency?a movement which commenced a year ago, and which has been going on gradually since, in I a 11U.II ago to nominate ucn. lciyiui iui me prcsi| dcncy; but did not do so, for causes best known | to themselves, like the great general who march| ed up the hill with ten thousand men, and th?n? marched down again. We trust, however, that all those gentlemen, and others, will make no faux pas?will not tack themselves to the skirts of General Taylor, merely to save themselves from oblivion, but will coolly and calmly consi; dcr the present position of this distinguished chieftain in relation to other candidates, too nit. merous to mention,' and that they will give a good account of their say ings and doings on the occasion referred to. The times are most important for politicians. The next twelve months are big with the fute of presidencies, and of twenty thousand office seekers throughout the country. The spoils are numerous?the candidates are more numerous still, i he politicians are hungry; ili?? taciinns arc ai-ttini' ancrv aud thirsty. Now many parts of the country, even in spite 'of all the opposition of the politicians of the old organised parties. It is probable the chairman of this -meeting will be Mr. Hilliard the member from Alabama ; but whether he will be so or not, that eloquent man will undoubtedly take a part in the proceedings, and give his friends the benefit of his eloquence and experience. Mr. Hilliard is both an eloquent and a pious man. He is religiously inclined, and is conversant very critically with the affairs of lieavan, and an important and useful member of the Methodist Church in the South. Now, the Methodist Church is a very important religious community, throughout the whole country. It comprises much piety, much talent, a great deal of enthusiasm and ferver, with as little original or acquired sin, as any other religious community in the country, not even excepting our own?the holy Catholic Church, of which Giles Scroggins is the head. Another gentleman who may uke part in the meeting, we have no doubt, if he follows the bent of his inclination, is the Hon. Cost Johnson, formerly a member of Congress, and a very independent and sound thinking man, in every department of human life, and in well-cooked canvass-bucks,particularly.We trust that all those members ot Congress wnom we nav? enumerated as being favorable to Gen.Taylor's elevation to the Presidency, may take part in the meeting. This number we estimate at sixty; but we have strong hopes that they will be increased, and even amount to as much as those assignedto Mr. Clay. Among the visiters at Washington who may also take part in this meeting, there is our very able and gentlemanly cotemporary, Mr. Fuller, publisher of a small evening paper that ha3 a pretty extensive circulation in two wards und a half of this city?certainly not over that. Mr. Fuller is a very warm friend of (Jen. Taylor? may be acquainted with the'prospects of the distinguished chieftain, and may be able to give him a good i>ul of information by word of mouth?certainly more than by the pen, for he can talk much better than he can write ; although he can write a little better than he can plan. Mr. Charles J. Folsom may also be there, th^ same gentleman who, in conneciion with Mr. Fuller, got up the meeting about a year and in the time for those who are really and truly the friends of General Taylor, to uct at once. If General Scott, also a prominent military man? eminent in every way?has any friends at all at Washington, or any where else, they ought to come out and ahow themselves. The friends of Clay are moving?the trieuds of Van Buren are moving?the friends of every rnnn are movinglet us give fair play to all. Since writing the above, we have teen the following important letter from General Taylor, in answer to a letter tendering him the nominaiia ion for the Presidency, made nt a democratic Taylor State convention held at Harrisburg, on j the anniversary of the battle of Monterey Heap Qi tiTtit, Arm? oi Oixt^rai iov, ) Brwzon Inland, i'exas, .Nor an, im,. ^ Dear Sir : I take great pleasure to acknowledging the roceipt of yonr favor of the ?th Octobur, enslosing to me a copy of the proceedings of the democrats Taylor State convention, which assembled at Harrirhiirg, Fa The resolutions of the met-tln^have given mt< great pleasure and aatiafaction, as the expression of hlgn reitI peot and consideration from the people of feunsylvanla; j and I embraoe the earliest moment to acknowledge mv 1 warm appreciation of the high honor thus bestowed ! upon me, by their nomination of me for the Residency, j To yourself, 1 would not fail to express my thankfulness for the very courteous and acceptable manner in which you have conveyed to me the proceeding* of the convention I remain, dear sir, ? With high respect, Your moet ob't serv't, /. TAYLOR, M'jor General U 8 Army. Henry A. Muhlenbt rg, Ksn , President, Taylor ronvtntion, Heading, I'a. This is tin unequivocal acceptation of the nomination. The iriendsof old Rough hiwI Heady ! must, thrrrforfl, burnish tlieir arm*/ and equip ; ihemttlvc* MPortllng to Uw, lor t|j?; , | l.?u i ?>ini

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