Newspaper of The New York Herald, November 6, 1848, Page 3

Newspaper of The New York Herald dated November 6, 1848 Page 3
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? - ??????? TH NO. 5269. lew* In Knglmnd on the Presidential Election In the Vnltetl States. [From the Loadan Globe. Oet 19 ] The moBt democratic of our American contemporari'b now Beem mere than half inclined to quarrel with nntveror, 1 suflrHjgMor ltt fruits. It is all but certain that l.eneral rnylorwill be the new President?not, however, because he is a favorite with any political party?far from it; but mainly because he happens to stand prominently in view of the mosses who are te be moved in any serious struggle.. He occupies an eminence, won, indeed, by no merit apparently applicable to the discharge of the functions about to devolve upon him, but well in sight; and he owns a character of a negatra description, which few can very strongly object to, and many can make up their minds to put up with. His rivals have all tomeihing Dosi'ively and strongly objectionable to some on* of the erreat parties, in power nearly balanced, whose efforts must decide the contest. Their weakness makes his strength. Stronaly supported, thev are also strongly opjKJsed. The moderate men of both sides will vote lor Taylor, as tolerable ; and seeing that his success is, at least partially, the defeat of the extreme men on the opposite side. Recent events, too, have strengthened the anti-movement party? the men who, under existing circumstances, greatly prefer a President who would do nothing to one who would create a disturbance, even to forward their favorite policy. W? need hardly observe that the commercial mind is extremely aensitive in the United States. Now the cost of the Mexican war has been coolly counted against the gains, and Jonathan is not elated at the balance, though he puts a good face upon the matter. Political turmoil in Europe is also reading him a lesson on the value of apeaceable maintenance of things as they are. And the elevation of either Cass or Van Buren would renew the discussion of both the abolition and the tariff questions, and that of Cass would, it is suprosed, include some danger of a rupture with England?a LI matters which the counting-house interest just now would fain leave unstirred. Taylor, whose faint whiggery is little offensive to the democrats, while his Mexican reputation is. with them, a mark in his favor, is so little p edged to any side of any great question, that all may hope lor some success, and none have much to fear. It any are especially dissatisfied it is those whoregard, as the proper end of universal suffrage, the unchecked triumph of democracy?who see the pei feci ion ot government in the despotism of an car-led mob. Against these the federal constitution has but one defcnce?a rampart of money bags?the conservation that comes of the pea'jeini pursuit of dollars. And so strong is the influence of the changes, effected even within a single generation, by the steady and ranid growth of the population and wealth of the United States, that much more may he reasonably expected from this tendency than the mere preservation of peace lor ine present. The dangers which threatened the stability of the Republic a few years ago, wear now a less fearful aspect. " Native manufactures," however sustained by tariffs, will not so flourish |on the soil of the United States as to keep pace in their growth with the forms of industry better adapted to it Even if maintained against their natural tendency to decline, they must, as a national interest, eventually cease to b* important; nad with this change must come a corresponding failure of power in the legislature. The slavery question may be more difficult to settle ; but even tnat draws towards a settlement under the same influences, if only by lorce of that provisionof the feteral constitution by which the structure of the House of Representatives is remodelled, every ten years, ui on the basis of each new census. For instance of the 216 representatives and three delegates which formed the house, as elected upon the arrangement made alter the census of 1820 (giving one representative to every 40,000 of the population, and five slaves counting as three free perrons), the thirteen old States returned 158, and the fourteen new ones, including the unincorporated territories of Michigan, Arkansas, and Florida, the remaining fifty-eiight. By the act of Congress of 1842, founded on the census of IS40, and giving one representative to every 70,680 of the popula lion, Hie liirt IliriliDert) 101 me uiu oiaicn n no ICduced to 182, while the 5iS for the new States was raised to 95?giviug a new total of 228. This process obviously strikes directly at the influence of the manufacturing interests of the old Northern States, which have no chance, under any possible taritt, of feeing their peculiar interests reproduced or extended to the westward. Similarly, the slave holding States, which, under the act of 1823, returned 97 members axrainst 121. now return only 92 against 131. The equality preserved in the Senate, by ziving two senators to each State, without retereuce to population, offers, it is evident, but a feeble barrier to the progress ol the free-trade and antislavery movements (hitherto in antagonism in America) thus urged on by the same means. [From the London News, Oct 19.] An important step has been taken towards the solution of the Pesidential question, which is now the all-absorbing topic with American politicians. Shortly after the puty nominations in May and June lafct, elements of dissension made themselve3 apparent both in the whig and democratic ranks, and led at length, in either case, to open disaffection and division. A respectable minority of the ? '.i.. j ,u;. WniK pariy were CAiirniny uiMauoacu Ui lum favorite candidate being pet aside to make room for Taylor, who, whatever proof he nnghi recently have given of his c ipacitiea as a soldier, had never manifested any ability as a statesman. A large section of the democrats were equally averse to the nomination ot Cass, chieily on the ground of his known predilection tor slavery. Secession took place in both cases, but that amongst the democrats was most serious, a strong abolition party declaring that it would vote for Van Buren. This rendered the success of General Cass exceedingly doubtful, although, for a time, his chances were improved by Uje attitude of his opponent, who only lately dofl'ed that reserve npon party questions, which, for a time, perplexed his friends, and compromised hts position as a candidate. General Taylor totnlly misapprehended the feeling which prompted his nomination. Had it taken place immediately alter his military successes in the Rio Grande, the prestige of his name might have secured him the adhesion of the mass of both naities. But ns time wore on, the popularardor in nis favor had time to cool, whilst the operations of ^ I u_?.. ; iiko.lrolimm^l ncurim rn;tm i>n a uicic un|tM mu^ u?v>.?. v to some extent the lustre of lus achievements. The democratic party then learnt to regard him (imply in the light of a whig candidate, and as such, of course made up their minds to oppose him. Since his nominwtion, therefore, he has been purely a party candidate, relying for success on a purty vote. It was rome time, however, ere lie perceived this, consenting to sUnd, but professing his intention, if elected, of b?ing no party JPiesident?p!of'e?pir>nf> which might be patriotic, but which, under the circumstartClft, wore, to siy the least of them, impolitic. Tliey savored too much ?<f trimming, and were so indicative of party defeat that the section of the whigs who were dissatisfied from the first at Ins nomination, openly substituted the name of Clay for that of Taylor as their candidate. Boih parties being tln;s divided, it was speedily seen that success was most likely to await that which would first reconcile its dill'erences. To (fleet a reconciliation in the whiff ranks, it was necessary that (ieneral Taylor should make the first move. The friends of Mr. Clay would only supprr him as nn avowedly porty candidate, lie had. therefore, presented to him the alternative of losing his election orol shifting his ground lie has prudentlyf chosen the latter, ana now H|i|irnrs utfoie the electoral body in that distinctive party character, which, had he rightly appreciated hit position, lie would have assumed from the very first, (Jen. Taylor having thus definitively given in his adhesion to the party, the friends of Mr. Clay 110 Ion kit hold out against him; that eminent 111 BE himself being the chief actor in t?ic reconcilia'ion which followed. This important step renders Ins success at the coming election almost a certainty. In addition to thin, there are other considerations which bear upon the contest, and which tell favorably on the ide of the whig candidate. The events of the day and the perilous nature of the times, induce the more reflecting portion of the community to con?ider well the character of the man to whom they w< uld entrust, for the n<\t four years, the destinies of their country. Whatever cnange the resp' nsibilitiea of actual power might etlect in his 1 - J -i . i r\w% llto nnfano.l.mlo nl ( n < -. COIlU'll'l nuu iiipi'wniiiiMi, %II^ ii iv i** uviiid > . rtl Cans have been such tin to lead them to believe that the tendencies of his policy would be unfavorable to the maintenance o( peace ; and to a great commercial count.7 like the United States, next m magnitude to tlir disinters attendant upon the contemplation of nrtual war are the evils which would anse from the anticipation of being kept 1 ons'ntiily on the vergr of it. The moral and political world is, at present, in too inflammable a state to enable the friends of peace, on either side of the At'antic. t? regard with indifference the reei rm'ion by a firebrand ol the Presidential chair at WMsh iipton And what gives us n peculiar inJere^t in the matter is that the morbid antipathies f the democratic candidate are almost exclusively E N E mo: directed against ourselves. As the passions of some animals ate inflamed at the sisfht of anything I scunri, ou arr his animosities rxciieu ai iiiu utuuc of England, or Englishman. It is this unfortunate ldiosyncracy that renders him peculiarly obnoxious to the mor<> sober-minded of the Amen, can community, for, whatever turmoils may arise to dittuib the relations and interrupt the commerce of the world, it is of the last importance to both that England and America should ke>-p on term* of amity with euch other. The dangers which might attend the elevation of General Cass to the Presidency are not obvious to whigs alone,a large proportion of the demociatio party being Mjuilly Feasible of them. This will fortunately operate most unfavorably upon his chances of success as a candidate, for not only will a large democratic vote be given for Van Buren. but manv democrats, who have no partiality for the aboliti >n nominee, will abstain from voting for Cass, that his> election may br defeated. On the oiher hand, thTe are many whie abolitionists who will vote for Tavlor instead of "Van Buren, in order that Taylor's election may be secured. Their sole object in voting for Van Buren would be to make an abolition denionfctrat'on. Under existing circumstances, however, they wisely prefer the guarantee of peace to any such demonstration. Their object, iherefore, will be to keep Ciss out, which th>*v can only secure by putting Taylor in. They will thus go far to atone for the grave error which they committed in 1844, when, by their ill-timed defection in New York, the whig abolitionists secured the triumph of Mr. Polk over his more worthy competitor. We may, therefore, regard the election of General Taylor as virtually a fait accompli, and what concerns us now is Jo inquire how the event is likely to aflect the interests of this country. It is not to be denied that, in a commercial point of view, our sympathies are with the pirty whose success would be indicated by the election of General Cass. The triumph of General Taylor will, for a time, put in the ascendant those who nrp inimipul fn our nnmmerrial nnd industrial nros jierity. But, taking into acconnt all the circumstances oi the case, this, at least for the present, is likely to lead to 30 material change in the commercial relations of the two countries. The whigs would disturb the tariff if they could. Hut they have no longer the great agricultural body either wnh them aB formerly, or indifferent to the subject. The settlement of 1816 was the conjoint woik of the South and West, and the results of that settlement have so completely falsified the prognosiications ot the whigs, that the West will be in no hurry to countenance its disturbance. Kvtry nerve was .strained previously to its ado|?tion, but in vaui, to convince the farmers that whilst ihey would reap no advantage from it, its fiist result would be a largely deficient revenue; and both Mr. Webster and Mr. Evans, as spokesmen of the protectionists, went into elaborate calculations to show that the menaced deficiency would be nearly equal to one-third of the revenue required to cover the different branches of exoenrlitnip for fh#? vpnr Mpvpr wptp vatininntinna I proved to be more utterly groundless. Not only did the leceipts during the first year of the operation of the new tariff considerably exceed, the estimates of its promoters, but the agricultural body experienced so palpable an advantage from it ihht it will require no little cajolery to induce them now to abandon it. The time is past, then, whtn a whig triumph was necessarily the p elude to a high tariff. On this score, therefore, there would fee no apprehension for the present. Some little concession mny be made to Pennsylvania, in connexion with coal and iron; but no change is immediately practicable, which would not be abundantly compensated lor by a continuance of the inestimable blessings of international amity. This consolatory view oftne case supposes the whigs to be in the undisputed ascendant. Such is the present temper of the public mind in regard to the tanfl, that even had they the three branches of the legislature entirely in their own hands, they would hesitate ere they attempted any essential modification ol the act of 1844>. Hut the election of Gen. Taylor will not give an undisputed ascendancy to the whigs. For :he first two years at least of his administration, he will have to confrrnt a Hemnprulic Sf>nnte. the mnmritv in whteli will be sufficiently large to bailie any attempt which might be made at fiscal reaction. The majority will be almost exclusively composed of the immediate followers of Mr. Calhoun, who will thue hold in his own hands the balance of power in the upper branch of the legislature. The cause of jeace and that of free trade, ceuld have no better Guarantee for their maintenance than this. Wnh the Senate in such hands there is but little danger trom the inflammable democracy on the one hand, or from the protectionist whigs on the other. We have nothing then to fear, but everything to hope, from the election of Gen. Taylor ; and it is consoling to know, that when the events of a day may make our hands full nearer home, no rlmtiirhnnre need he nnnrehended in our relations. either political or commercial, with that great j nation, which is at once the greatest consumer of our fabrics, and the granary trom winch, 111 times of scarcity, we may always reckon on making good our own deficient supplies. (From tho London Kxaminer. Oct. 8.] To all who take an interest in the well working of American institutions, indirectly, to every naticn in which liberal principles aie struggling to maintain their ground, and directly to ourselves, whose natural desire it is to stand well with the Kindred republic, the present aspect of the impending election in America should be far from unplt-asing or distasteful. Chancellor Kent called the presidential election the e.rj>rrimcntum cructt of the republican form of government, nni claimed lor it, not without strong faith inihe discretion, moderation, and integrity of his countrymen, a certain peiiod of probation. The time has not expired, but we cannot say that hitherto its success lias ottered ground for congratulation. Worse than even the predominance of unreflecting and rabid paity ppirit has been the ascendency of trading politicians. Even when a successful rally had been made round a chief like Jackson, who, with all his crotctietB and ?oarseness una purpose mm a manly energy, the fact has been painfully obtrusive, ihat the election was a mere scramble for place. The proscription ot nil holders of the most insignificant oflice, who were not members or time-servers of the ascendant faction, and the avowed bestowal of emolument and place as the rewa:d lor serviceable canvasses, have placed the mob-courtiers of America on as low a level as the old king-courtiers of France. Every dipnity and dm y. of the State has been lowered to an elsction bribe, and the highest as well as the meanest appointment counted but as payment for pist or retwiner lor future service, flie appearance of Mr. Tyler and Mr. Polk in the seat once occupied by Wellington, Jefferson and Madison, seemed really to be almost decisive aeaiust any future possible realization of the ho|>es or fsi'h ot Chancellor Kent. We rejoice to think that matters are mending. The nomination of General Taylor, and the course of his relations with the party of which he is now the d'-clared representative, indicate better prospects in the re? Ur,n.#n? (Kon lmvi? Iwon vibiKIp fnr manv I'UUI H.C1T1 UUIIAWU I..HM .. ..J years. It is yet possible that we may see " disiietion, moderation, and integrity'' prevail in the choice of the chit 1 magistrate of America. General Ta\ lor is not a trading politi'-ian. The qualities he lately displayed in the field, and the judgment with which he kept himself aloof from the ?xtreme patty that had obtained his service as a soldier, concentrated public attention and tst-'fiii upon him. lie is the only man, we believe, sin^e tne greater race of American President, wiio so at once united many parties. Mv democrats and wings in primary assemblies, in separate and mixtd meetings, he seems to have been nominattd; these nominations he nppenrs to have accepted, one alter the other, without concealing or suppressing the lact that he held the opinions of the whips ; and, now that the whips ns a body have named him thetr candidate, he frankly tells them that he will not be a party President. We have here the premise of a brave and honorable man, unc< ntaminated with partv madness. A letI'Tjiift published by General Taylor, to correct some mifconcept ons that had gone abrca-l ennrerning him, confirms our imprestlon of his worth. There is nothinff in the letter which indicates zenius or imaginative impulee, but it is marked by Mrong good sense and excellent feeling. Its writer understands and discriminates the position and duties the chief magistrate of a great repi blic. lie c an combine the honest maintenance ot his own opinions with constitutional deference to the national will. General Taylor declares that he will tot he a candidate in a straitened and sectarian sence. Having no wish to be a partisan President, he refuses to be a party candidate in the tense that would make him one. He docs not engage to Ity violent hands indiscriminately upon public officers, good nnd bad, who may diller in opinion" with himself. He will not force Congress, by th? coercion of the veto, "to pass law s to suit him or pass none. ' Are we not justified in regarding the probable choice of such a ruler as a good omen, b >th f r Knglaidand America 1 Public opinion may work itielf clear under such auspices, and the bett r parts of republican government develope and perfect themselves, lie may buvc us at once from W YO RNING EDITION?MO the war factions of democracy, and the protection- I ist divisions ot the wluga. We look upon sucli a I presidency, now we hope almost certain, as full i ot promise for the inteinal prosperity and happi- I nesB of America, and for the perpetuate n of amiClbll intercourse between the two great AngloN< rman nations General Cass 19 the only rival candidate with the shadow of a chmce against him. Mr. Van Buren will hardly go to the election, and Mr. Cl?y has not sanctioned the use of his distinguished name. Mr. Cass is the nominee ol the extieme democratic party, trnd is reported to have seemed the ardent support of all the Irish in ihe Union, by his sympathy with the cause of repeal, and by his known determination, 111 case the rebellion of Hallingary had succeeded. to have marcht d forthwith into Canada. Mr. Cass duly proclaims thete ext'eme opinions, of course, ar a makes a long arm across the Atlmtie to fraternize with tfte Flocons and L??dru Rollins. Yet it may not be umiss to remind hiscountrymen that it ib not six years since this same brawling Mr. Cass wrote a book to disparage the English government, and exalt the government of Louis Philippe, in which he branded as a traitor every Frenchman who opposed himself to that despicable system, and ottered the most prostrate adiiUtion to the citizen king. This was while the I w<irst nfihe Orlvunn in vitslnno of 11lit"-! 1/ w?*rp in progress ; and yet the institution specially singled out for praise by General Cass was that slavish Court of Peers which was doing precisely the service for Louis Philippe that our star chamber did for Charles the Fir6t. The election of this despot democrat, this busy fomenter of the lealousies of nations, would be the most lamentable mistake yet committed by the extreme faction in America. The election of General Taylor, on the other hand, will show that as men unquestionably still survive in the United States not unworthy to be named with Washington, Franklin and Adams, so the lar/?e majority of the American people are still able to appreciate and worthy to be served by them. Hungary. The npwB of the Vleuna insurrection became known at Prith on the 8th ult., and excited the utmost enthusiasm. Koisuth made a thundering speech. As the Viennese had furthered the Magyar cause, beiatd, Hungary ought not to abandon Vienna. No negotiations whatever were to be entered into with tVia rttnarlllu hnf if. vna tha dllt.V nf t h? 14 II ri<?uri? n J to tacrifloe themselves in assisting the Austrian people. The iiovernnifiit was entrusted to th? committee for the defence of the country. Kossuth was nomimted president, and it was rerolved that, on the very name day, troops should march for Vienna. Boliemln. The Kolnitcht Zritung has letters from Trague of the 13th inst. They say that by the events at Vienna the gap between the Oerman ami Czechish inhabitants had been widened. In theSlavonic CentralBlattem, a fanatic attempt was made on Germanism and on the Frankfort faction The Slavonic agitators Huiban andStur. exoited the students against the Magyars ; there were also bitter words uttered against the Germans. The deputy Kieger asserted that he was able to prove that the movement at Vienna had been effected by Hungarian mom y. All speeches in the University of Prague were delivered In the Czdchisch language. Prnssln. The Kolnitcht Zeitunr has the following from Berlin, under date the 15tn ult " The king, on the anniversary of bis birthday, received a deputation from the National Assembly in-tte palace ot Belleviie, near Berlin. In his answer to their address he said, alluding to the abolishment of his title, King by the Grace of God,' We are upon the point ot building a structure which is to last for e?r.turies. But. gentlemen, let me direct your attenti n to one thing. We still possess, and we are envied i n aooount of it, an hereditary government by the Grace of God (these words were uttered with a peculiar emphasis by the king)?' which is still endowed with a fullness of power.' At the clcse of bis speeoh, tbe king faid?'1 Gentlemen, I am glad to nave seen you ; It i? goort to fee each other now and then.' The king, during ih? reception of the deputies, was peculiarly affable. cheerful, and amiable." Death of M. Lulu Bukc'i Fitihi.?The Corsairr announces, on good authority that the father of M M Louia and Charles lllane. lately at the head of the office of tbe Fine Arts in tne Ministry of the Interior, died at the Hotel Dieu about a week ago, in a atate of utter destitution. Affairs in tlie Dominican Republic. City oi St. Domingo, July 12, 1818. Omission t? ? former letter Supplied?Ricent Legislative Enactment for the Encowugemmt of Mining Operations?Another Remodeling the Monetary System?Public Exci tement Incidentally Connected irith the Jxitter, and the Caus of it. In the synopsis which I gave, in a former com munication, of the principal articles of the I>omi nican constitution, I omitted to notice one to which recent occurrences have attracted much attention and given considerable prominence. By its terms, the President is empowered, during the rontinnenre of the actual war with the Ilavtien republic, growing out of the separation from her, and until peace is established, to freely organise the army and navy, mobilize the National Guards, and take all measures he may deem proper foMhe defence and security of the nation, and in consequence, to issue all orders and decrees proper for that end, without being subject to any responsibility whatever. I now supply this omission, to illustrate some future details. The gold mines of St. Domingo are celebrated in the early history of the nev world, as being the incentive that gave the first impulse to Spanish fidventure and enterprise in America. These have remained unwrought, to any considerable extent, for a long scries of years; and the government haB heretofore refused to permit the working of them, from the fear, it is said, of stimulating the cupidity of their enemies, and also, perhaps, of foreign nations. Besides those of gold, there are also, as I have mentioned on a former occasion, mines of copper, and very probably of silver also, within the territory of the republic. By an act of Congiess, pasted at the recently closed session, and appruTt-u me iniii 01 lviay ihm, 11 is aet-iareu inai the working of the " minerals," or miles of every description thnt are found on the public lands, is open and free to every individual who may choose to engage in it. Arrentrementsforthispurpose mu-t be made by those intending to avail themselves of the privilege with the Minister of Finance?Mtfitstro (ft Haacmdo?who is authorized, under contracts of lease or otherwise, to stipulate, in behalf of the public treasury, for the payment of a per centntre by (he operators?never to exceed the maximum of five ner cent of the metal wrought. The terms of tne act specify individuals only. Whether the privilege conferred bv this enact^ ment would be extended to organized companies, fotmed to carry en mining operations on an extensive scale, in the usual way, and such as there have heretofore and recently been uttem >t* made to orgnnize in the I nited States and elsewhere, with a view to operations here, may possibly, under the peculiar circumstances of the case, and the present tone of i ublic feeling, admit rf some doubt; though I incline stronelv to the belief that no 01 prsrion to such a plan of operations would be officially interposed. The mo!>t important measure that came before the Congress nt il8 Iat?- session, and which engrossed a much greater share of its attention than any other, was the monetay system-the d<"vieing of ways and means to place the currency on a better basis, nnd to restore tincirculating medium of the country to n better credit and conditon. This I have heretofore fhown, liHii depreciated to fifteen for one dollar specie, and tlie tendency has since been very fli^htly downwards. At la*t the Congress, after protracted dircuwions. in the course of which were fiiccefsively examined and rejected sevenl ditl>rent schemes, agreed upon a sysb m which thev nibodied in an net ai proved on the 19th day of June latt. Ir is entitled, in substance, an act to provide for the deficit in the treasury, by the lnsufToency of the public imports, nnd by the conrequent depreciation of the government piper. Hv it, flie Executive is first directed to have the lift #1 mnnrv r>nvv nnPiimilU^H in flip frpojtiri/ un*! the future ndditions thereto, to the amount, in all, of one hundred thousand dollars, converted into milled coin ol the Tnited Stites, of the several (]> nrminntioi sol live,ten. and twenty five cent pieces, provisionally, until such time as l>eminician silver can he inintfd. It proceeds to direct that all old silver, wrought cr unw;ought, which the inhabitants limy per fit to deliver into the Treasury Department. shall be 8' nt abroad to the United States, cr elsewhere, and its value returned to the owners incointd money, at the rate of ninety-five cents l>er otirce troy, of the metal delivered, and of the same (jiinlity of fineness. To provide for the replacement of the present depieciatrd poveminent paper money, which it is conten plated to call in and cancel, tlie Executive is Authorised to have prepared, and to issue <i new emission of |?aper money, based on the credit of the National Treasury, to the amount of (t290,000, in bills of the nominal value of one do|fjr each, R K. I NDAY, NOVEMBER 6, ?nd w hich the public treasury ia to guarantee for forty cents, hard i money; aud also, the further emission 01 150,000 bills of the nominal value of tu'ii r^nllura i>unh utwl irnuPjntKxl in 11If #* rii.?riii?*r and rates. The whole ot both which emissions are to be leady (or issuing, at latest, by the ti>st of January, ltM9. He ib also further directed to have prepared an additional quant it v ot 375,000 hills ot the denominations of one and two dollars, to be laid by in reserve in the treasury department, to bo u.^ed tor the purpose of expanding the monetary circulation us toon as the condition of mercantile aflaiiB, and the Etate of the country, call tor it. To husten the withdrawal ot the present issue fiom circulation as soon as the sum of $25,000, in coin is imported, us before piovided, dues accruing to the treasury shall commence to be paid, halt in the new uiiall coin and halt in the present currency: the latter at the rate of tea doll trs to one, while the old paper thus called in is to be

cancelled in due form. And the act goes on to dfclare that a portion of this new coin, which will thus find its way into the treasury, may from time to lime ue appropriated, in sums not exceeding five thousand dollars at tiny one time, to the put chase of old silver at the rate before designated, and which shall be coined in like manner. After proceeding to many specific details?of no particular interest to my present purpose?the act finally empowers the 1'reeident to raise, by a loan, foreign or domestic, on credit or by mortgage of the national property, the further sum of 100,000 to 150,01)0 dollars, to be appropriated, when obtained, to the withdrawal and cancellation of the same amount of the present circulation. It will be observed that the Iwregomgact fixes the value of the old emission, to be allowed at the treasury, at ten for one ; which is, in fact, the rate at which it has all aloni; been reciveff for the custom-house dues that were payable in that currency; while, as has been before s^en, the market vhlue of the fame currency has been only fifteen lor one, with a downward tendency. Now, however plausible the charge may at first appear, that the Government, by receiving their own paper on v at a great diecouut off from iiH ostensible value, though it be still a less one than is exicted in the maiket, lepudiates a large portion of her d??bt in this form, it must in justice be remarked, that tins issue neve did circulate at par from the begaining ; and much, if not most ot it, went into circulation with no higher intrinsic value attached to it thnn its authors now allow for it on its return. For any slight practical repudiation th?*re 3nmy be in it, there are still, in extenuation, the ? .iiigatine circumstances of overruling necessity, nd the high examples of greater and far more wealthy nations. As to the question of what will be practically eflected under this scheme, that is quite another nflair; and I conleBS myself unable to discover what is at last to guaranty the new paper circulating medium that is to be issued at maiket value, at the rate per nominal dollar prescribed by the net?in other words, to save it from the fate of the old emission. vVith a near'v empty treasury, and with governmental expenditures that each year more than consume the annual revenue, what can save it from a rapid depreciation?if not nominal, at least actual, in the shape of enhan^d prices of all conimorli ies of consumption 1 No great result? cud, I tear, be anticipated from the coining? in o her words, sale of the old silver to be found here. The Hnytiens made too clean a sweep for that, when they got possession. And as to ihe authorized loan, still less, it is t* be feared, can be hoped for or realized from that. No; e*ade the issue atjthey may|vainly"attemnt to do? beat about and try to shun the real rock of difticu'ty as long and perseveringly as they please? still ibis government must, at last, adopt th- only eflectual means of removing it They will be broken in pieces upon it. An cfHcient and extensive system of agricultural improvements must he instituted, and its growth fostered, as the only fure basis for monetary and every otner kind of stability and prosperity pertaining to the Wat-; and this can only be effected, as is, in eff-ct, admitted by almost everybody, by foreign immigration. Ah! but the danger of the overthrow" of our state religion?the subversion or seizure info their hands of the government by a horde of foreign adventurers!?we are afnid of them! A nrl c n flip nnlv t\ v for n art*ni ot/il nr fro in of evils, is shunned, and mere airy schemes, based on nothing but a gossamer tissue of financial devices, are elaborated with careful ingenuity and patient toil, to end in nothing. The hard money alluded to in the beginning of I the above act, and on which all the legislative <\r. \ liberations had been based. was the sum of 59,000 I dollars, reserved in the chest of the department 1 for this purpose, u,hich surplus had occurred, notwithstanding the {act of the government expendi! tutes surpassing in amount its revenues, by the disbursements being mostly made in the paper j currency, while a considerable portion of the gold I of several yeats' accrual from import duties has I been retained in the treasury. Pome unfavorable rumors having got abroad, i the Congress, on completing their labor of devi BiiiK ni'u urniiin*: uir nt*w niunemrv syBicm, appointed a committee to proceed and examine the condition of the strong chest; when lo! a large deficit was discovered. The city was soon all in an uproar. Every body accused the minister of having converted the funds to his private purposes, and some went so far as to implicate the President himself in their suspicions. The lower house demanded an account of the minister; ; which, on (he refusal of that officer to submit, S any farther than to declare that it had been appropriated to the legitimate purposes of the govern- j ment, that body proceeded to impeach him. The 1 upper houfe, however, on exaininine into the case, j refused to ratify the measure, as was necessary to : ; repder it efltctinl ns an impeachment, and so it j feli throueh. The President, who had been ab- I rent from the city for a lone wnile, on account of Ins health, returned nigmy incensed at me proceeding of the House, and threatened to banish certain members who had been most active in the measure. Hut the affair was finally compromised bv the House receding Irom the around they had taken, n?d acknowledging tliey had acted with precipitation. Another ground of irritation whs aleo embraced in this rather singular compromise, or " making up." Some of the same active and bold members had somewhat wormly discussed the propriety of defining and conferred on the President by the article ofthe'constitution herein before noticed. They maintained that the executive had, on several occasion?, in practice,given n somewhat latitud'narian construction to its provision?, which, they contended, w ere intended to apply for certain purposes only, to particular times and emergencies. And so ended,at least for the present, this serious misunderstanding between the ?wo branches of the government, and which, for some days, threatened the meat disastrous consequenc-s. During this period the public excitement wan intense. Neaily all business w:ts suspended by day, while the streets and places of public resort were deserted by night. Humors of plots and crwispira1 cics for putting the obnoxious functionaries out of the wov, and substituting others in their stead, were constantly rife, ar.d everything s?emed ripe I for intestine commotion and revolution. A por! tmn of tb?? incidents were nnnrehensive. ind. P think, not without some good reason, that, in such a case, scenes similar to those which have, of late, been enacted at the Hiytien end of t!ie island, would lie reproduced here, or, quite as likely, I he far more appalling tragedies so frequently enacted in that portion of the island near the close of the last renturv. Rut the tempest, which at one time seemed to so lust gathering to n head, to sweep down, like the hurricanes of these latitudes, with desolating violence on this citv, has hanpily completely dissipated its* If; und our political heavens air.iin wear, in thctr usual degree, an aspect of serenity, at least, though it may be, not of tropical brilliancy ami splendor. The 1'rPfident still holds firmly his uflCiirtalled authority : and it mav, after nil, I think, he well questioned whether ibis rule of the strong hand, at least, in cases of moment and emergency, is Hot tl;e best for this people : and, indeed, the onlv oref<r wh eh they nre, as n body, as yet prepared. Nor do I believe an instance can be pointed to, whtre President Snntana has abused it to the purposes of cruelty or revenge ; ;<or, after fully weighing, as well as 1 am able, in my own mind, the vain us eorfhetirir rumors, charges and assertions, on the one aide or the other, Bni I much more inclined 1o believe that he has perveited it to purpofes ol extortion or peculation ol any kind. And, in r?nid to the charge of embezzlement mude aeainft the minister, and at onetime certainly almost universVly believed, 1 conf>M, that on silting the evidence eirninst him carnfullv and di?pas?iont?cly, it certainly appears excoeJincly v<jjue and tbmt-y. Ilia own jenenl utitem nt of the chnract^r of the appropriation is pUuaible and rational; and I nm veiy much mistaken if the financial rep< rt ct'rhat minister, and any corresponding inv. Migatinn.that may then be instituted to verilv or laltify it. do not provejihe correctness Sf tliia favorntile coniecture. Tune will discltw* ihi> positive or probable truth, and then, [ERA 1848. Tlie uiaiid Tnrrli Light Proeeiilon_A Reene In Tammany ilall?UrlKadler<?en. tie?|l P. MoirUIti IiIm War Hoots? Breveting the Uiiuocrary. Tammany Mall la a funny place. Could the funny performances that have b?en enacted within these old walla for the laat half century, be duly chronieWd, what a treat would be furnished to the reading public of the prevent day! But, alaa! the remembrance only exists wltj some ef the old heads, atlll living; and even most of tbem are barnburners or whlgs, aid do not darken old Tammany'a portala in thia year of our Lord. We have beard a racy tale of late proceeding*,which 'a decidedly too good tobeloat. It seems that some of the preaent leaders, who ara, of courae, found In that body, designated aa the Democratic Republican General Crmmlttee, decided that aUrand Democratic Torch Light Procession wan just the thing to rally th* boya, about these times; and no it was voted in solemn conclave, that a Torch Li^ht Procession should cxne i IT; and that extraordinary democratic organ, th? 7Vu? #>tm wan duly instructed to announce th? fant in the u ual editorial aud advertorial manner, aa ooming off on the night of Thursday, Nov 2. A committee of one from each ward wan appointed to arrauue the matter, and in ordi-r to carrv out the plan to its fullest extent, another body of democrats, whose organization extended acrost both rivers. into Jersey aud Long Irland, called tbo " Cum and Bn'ler Union," wan to be consulted. The delegate* from these Cass and Butler clubs met in one room of old Tammany, and the ?ub committee of th? real 8>mon lures, tbe General Committee, met in the committee room. Committees of conference were app >lnted but they could not agree The club delegations wouldn't knuokle under to the others. Personalities followed, nnd a serious fray was likely to ensue. The I old heads were called Into council, and they advised to cut the matter short by oarrying o>it the plans c f the committee in their own way, and only allow the 01 her to carry out the details in the respective wards to which they belonged This was acquiesced In and harmony was r?-tored. The whole crmmit ee then took the ] int.. hand in earnest, and proceeded to ?l?et a (irsnd Mtrsbal,who, of ooime. was to bn selected from our military heroes. Gen. Storms was pitched upcn. He was a democrat, and a glorious follow, and Ecpular with all hands; but, of course, the g?n?ral ad to choose bis assistant marshal, and the committee left mm to select who he <1 pleased, provided thiy went Cass and Butler, and nobody nine Then these assistants were to delect their special aid*; and here I be individual members of the wigwam committee determined to have a finger in the pie, for tbeir own amueement and that o. their friend* ; and a committee from tht-ir own body wan deputized to attend to these fixing, and keep the Grand .Marshal nnd Grand jAs ictant Marnhals democratic ship-shape and in ord r. (ten S lormn pulled off his coat in the old tethering place, and selected lien. McNeil, of Rhode Island meirory; Gen Morris, the poet; Gen. Waibrldge, of Ohio; and Col. Manning, of the militia service, a* his choice for Grand Assistants. So fsr hf good : the democraoy were satisfied ; but now comes the tug of war. Special Aids were to be given to all these nigh officers, and the committee felt i tbat tbry bad men in their our ranks who rould ride a hone and handle a baton as well as any militia (ffii er in the service, and tbey were not to be nhonsed ' ut of the nrrnngements and glory for which they had to fost the bills. Oh no ; no suoh dodge as that ooild j be allowed; and while the Grand Marshal tilled up h!a ' ilsts with returned Mexican war heroes, an w*ll as from peaceable militia heroes, the committee bad an equal number of men for him to nominate from their own raDhs. Gen. Storms, like an old experienced tactician an he it, submitt?d gracefully and with pleasure to what le knew would bave to le, and the oivilians were sott- , teied pretty equally among the military men. Not si. however, with the Assistant Marshals. (Jen. Morris knew more of lit*rary and militia officers than he did cl 18tb or luth ward democrats, and he was thu firat to kick. The arrargements for th? programme were | ready lor ttie press. The Grand Marshal,Jien. Storms, j was pleased and the committee w?re satisfe i. anl the geneial bad retired to his quiet home, and left his bBtistants to talk over matters with the committee men ' Who the devil are all these chaps V' says General M.t when he tanked over the list. ' Who are what !" replies the committee. " Why, ? here did Storms get all these namoi from ? I don't know them." " These tames! Why, most of these ntmri urn member* of the General ('ommittee of Tauimany Hall, Bf nt here by their respective wards." ' Oh they be d?d; they are mere Chilians We want military iaen ; men who know how to do up the thing ar it should be done.'" raid General MotIs. ' You do, hey. Weil, Bill, I ray the General if All t ight?let'-gl\e him military men (rood ni{ht, old boy. Vou just look in the paper* in the morning, my knowing chap, and you'll fife itball right, and that you have got military men. We'll leave the mere civilian* out of the lint altrgi ther " " Good nigbt, gentlemen; I think you will And my proposition decidedly the moat striking," said General George P. Morris, and tril. " Well, fellows. That fussy chap has gone; now let's go to work and finish up that programme as be waats it done." ' Hell and feathers! What? Why, Bill, are you mad.' L( are out all the General Committee me a and oar own frieDds? That be d?d!" '' No. Tom. you don't understanl me; I don't exartly mean that; but still, let's give him military men. Holy Muses ! bint our committee a.t much military m?a as any of bis own ducks?" " Of course they are; they are just so. They are as murb Generals and Colonels and Majors and Captains in the democratic ranks as bis'n is " " Well, are we all agreed it shall be so ?" ' Certainly we are?now heave ahead with the list? I've cot to so nn to a meeting in our ward before I 10 heme." ' Rend oTer the names of the special aid*; commence with the lot ward." "JoScotUI;" - mark him a Colonel." " <ict out. fie ia no Colonel " " Damn It. Tom. you must hav" soma rule to go by ; mark all the General Committee men colonela, and be done with It." ? Wm Blair." ? Put down Colonel"? "But' ? "Oh. d? n the odds -he'son the General Committee." "N Diamond?ditto to Mr Burke, asthe orator said." " Second ward. Wo. Burkhead "' " Mark Colont-1?He is on the General Com." " Jcseph Killott? He aint a committee man." ' That's a fact? never mind; marK mm a coionei? cultivate him, he is foreman of the lltralJ, and may do u* some Rood."' Third ward. A. J. McCarty. ' Colonel, he is a com. man.'' " P. (J Maloney? Well, mark him a major; he used to be a member." " Wm C Bolton.'' ' Oh, 6tick Bill down a colonel, sure; he is one of 'em." "tio on; mark what jou know: when you (ret aground, ting out; when you came across a real military man, Kite him his real title, fure. or else them generals will tay we're a making sport of their subs." ' C. W. Newton " ,l Well, call him colonel. He was on Mandy Hart's Congressional convention " ' K.lghtb ward II J. Compton " " Ob. nffer mind them 8th and 9th ward chapsleave 'em plain." ' Tenth ward " " I.eave 'em ditto." ' LleTenth ward, William Sage." " Colonel, by J??? nothing else."' ' James Kury.'1 "Let's fee; Jem Is a Cass and Butler I'nion; give lilm a mejor-hlp." " Thorns* W Brennsn." ' He is on George Law's convention', major him, too." " Never com* down, except \1?< arty. and he won't 1 i*r?e " " Thirteenth ward, W W. Kream." "Sam Roger*?give him the tip top of the heap make him a general-he I* an alderman, and while jour hand in in. ronke Camp a ditto-general E. E. Camp, f r he'll be a blowin' on un all over town.'" ' Fourteenth ward. B B. furdy '' ' Dels a graDd arel'tant ? that'* honor enough? give him plain; ditto Tom Jenkins; he is another as- I tistsct grand." "Fifteenth ward?John J Cisco " "Oh. plain; bo tnrus out with the General Committer " "W. E DenDis ' "Colonel, of rour?e; and ditto, I)an Norris, both Utncriil Committee men ' ' S'Xteecthth ward?James r. Dunn.'' ''Colonel, of eourfe -on the Committee " "Seventeenth ward?Joseph T Sweet." "Colon?l of covri<e?on the Committee.'' "Thorna" McSjedon he is on the Committee." "NeT?r ycu mind cut him down a ;eg; hasn't bt??n her*? mark him do* n to a insjor " ''Klghfecnth ward? W. II. U. wauum "Let him alrne; he wa* up lor Congresp "L. B Shejard ?? *i p for H?corder?Go by. You may want a friend | at the Sfffiom bye nod bye." Tut J 11 M<rr.n down a* colonel; g">0<l fellow, and pop* old If If up to the hub. Stlrk Tucker In for captain. Now. hct* have you not through' ' lUr# aro acme name* I don't know.'' "Variegate t h?m a< joa tbiok proper?colonel*, captain* .to Hun ihe chance*. Now, then let'* adjourn, aud glre the list to the printer*. and then take a drink.'1 ' That-* the talk; faint* and *lnn?r*. won't fJen. Morris open hla eye* to-moriow morning' He don't know Bcthlng. be don't.' ' Lion't con< elve whataf?rti!e country he realde* In." 1 AlertM If he dc?*. We're brt?vett*d tbe whole piny: we b?n< ' ' WBo'i got* hotter right'" (.real waa Ihe wonder?*nt the mxt morning amonn tbe liard-flMi'd d> nocn cy In the reapeRtlre ward*, at (W ding their plain neighbor* and political friend* rhangtd at once, a* if by aajlo, Into military otic*.-* ot h; Kb grade Tbe new created, suffered during the day In the shape of drink* they had to pay for. In Honcr of t* lr prnmi tion; and *o the day wore away fnto? filing Tbe i *f?tflt*d 7 o'clock arrired. Taiuuitny llatlwa* to bs tbo grand rcndeirou*. l'h; >1 -1 - 1 LL LD; t TWO CENTS. I ui ?u- * ??? uirni' kn ma w?n sailed lntorcI (Uifiilon Tba grand com el roc m ?* niaiatB*t?d. Tha Hrewrrk* w*re rea-ly *nd V1r. Kdge only waited to ff? the <>iand Marshal and his otvtl and military aid* rid# up " Hera ihey eoma " Sh-h-h? fl?. pop, banc? bang, go tha firework*? w?y go the horfM There I* an old man ran nrar, ' Hallo' there ic Morrl* up?et?hi* *teed ha# f ang kite.'* 'tiood hfarrn*' what'* the matter with t h?in hot Ma I" The boy* *hout, ' th?re gnea a bcr*e and a laaa down Krankfortrtrert." But bye-an<l-bye order laraatorad; the firework* are olleooed " Now, then, boh* that < innibu* and the Drumaiood light np Chatham ab*? thru brick* ao>l Mop th<-m d ?d Are work* natU tba proce??ion get* <ff.'eomm*od* the Marshal, and away go the aid* to carry out the mandate ' Klra op that Druminond light.'' Kav* the tirand Marshal, and the wbolt, Irene I* at once Illuminated by It* dreaming ray* lar through the different *treetr Vh? Grand I Marihttl M ri ct hlc at/la * r m - * I ? *?? ? ?- ~ |??w?w 1 [W BWlimi motes on at tb? word of cnmnand. A tboMuid cbrars guniK out of a* many different throat*, a>4 41 goon iih marrily as ertakat*. " But what tha d?Til is that ahead' Mora ?f ?o?a d d Are-wotk? up Chatham ntrert, aa I'm a Hlnnar,'' says lha (liand Marshal and ho think tha hor???, fnr thay come to a dead halt. Spur* am no go- kal roekats. Bengolft UghtH and Roman candlaa ara shot, it, bang, lively now. among tha bor???. and away tbay go. Hold my atlrk " t-ay? ona Marahal," and Christ, won't I ba thankful, if I only get mf? out of this pool,'* rnys Judga Jt-f. Smith, and away hiwit* tba frlghtanad bona aud rldar down Jamas street, with a Homb Media shooting aftar him. " Hare, boy, In a shilling. In (lod's nimi hold my horre till I get cff." aays a special Chatham squara I m reached by the Grand Marshal and his aid* In Mfa (jr. " i naniK d? 10 tioa," rmy a majority of 'am. While *? bait hern a moment, let ua go back to Chambera ytreet. There la a ear drawn bjr eight horaea. An anvil and a forgo la In 11*4; they are drawing out of the fnmace the red hot bar; the crowd on the car preaa back to avoid the aparki; a ehiiek of agony Ih beard above all other noiaaa " Stop that car." xhout* T amp ; " oarry the yodllf man ti the aide walk; be la crushed " TV e AuMMant Marahal Jenkloa rldea np. " What ia all thia ?" Great God what a alght meeta I hia ejra ' And aa be lend* bin aid tba t>-ira are roiling ; down hia cheek* " Kor twenty prooeialona I would not have bad this happened," eaya he I Col. Denuia ia there too, and poor Bill U in taaril at tbeeinht. Some of thi? byntandera take the poor fellow, who but m moment before *tn all life, anil exulting at the illumination with hia fellow demoerata, an inpennible mara ?f olay, to the aur^eona of the New York Hoapltal. ' Trlle at la vir," exclaima the democratic phlloaopher. and on goea the maa* of living beioga. Th? G M.paraea up the Bowery ?mora of thoaa Infernal flrc-worka ; and now come aome of thoaa whig oantbuata. The drivera ply thair whip*, juat aa It they thought to acare democrata But look at Profeaaor Grant. Like hia naincake Jam, he keepa hia eye on the picture lie turva the points of hia light rlap daub at (hoae horaeft' heada-two reconda do it ; the horaea stand aa quiet U Iambi shivering in a frosty morning?tbey are too MtAnlahed to travel; it Hum usruum a small sflair ; they doa'c hu?w wh?t to make of it, and fo stand ntlll until Oranfe and hla apparatus gut by. On rocs the procession up Urand. Now they atopa bit; something ia out of order, and away goes ('apt. Mort Knirc.hild. to carry an order ''All ripht General," and "mofo on again." "Forward!" ia tbe reply. The windows, and door a, and stoops, are crowded with girls - democratic girla? nor r. of your upper cruat fancy coce^rna, bat girla with hearts and souls, and h?a<th, (It to rnaka go >d wives and motbera to hoocat deserving man, Lewis street is ranched. Still cheered , and now we are in tbe eld 11th Here are people. Tbe Drntnmond la Rising it like a thousand of brick up llouatoa. Look at tbe women and glrla retting off flre-wrka. Now we are in the Bowery. '-What the devil aila that Dtomniond!'' ult 'ami out jet; it rallies " 'Now it'*agoing, going?bell, it's going out." ' I knew It would when wo get among the upper ten." ''Damn them whig*, they've dune it." The Drummsnd Is out; and aa the bead of the procession moves acrosa Broadway, In Ninth ftreet. all hope from Professor Urant la at an end, and his omnibus takea its departure, sorrowi fully, down Broadway, The procession la moving I auioUK tbe merchant palaces in the Fifteenth ward. | No cbVerr, no welcome;" but the brail of tbe prooernlon 1 tn cheered by tbe ringing xhouts that come from th? rear. ' Never mind, boys." about* a stentorian voice; 1 the democracy can travel any whew " '* The wblgi love karknem rather than light an General Jackaon Hid.'* " Tbe Druniniond knew when to keep ap, and *hmt((jn cut" " Tbato ft faot," cays another; "it fbone tirot rate wben It wa? In the democratic ward*, and went out cn purpose when it got on tbla ltd* of Broadway, among tbe whig" " " (iood boy." It In m ar midnight as the head comea down to the Aftor. Large bodUo have filed off and gone home. The wist Tark ^ate la reached. " ( rods to TaiiMBJ." about the Kuipireft. No go ' Keepdown Broad?ay ' 4 nn M 44 HA I A ak. '? - ? J UIW? m u I<|), w*/ BK'UUU vnr nxrT) ?U?> U | * SOU around the Alitor, down Barolay. through Church, op Vaney, to I'ark lti.w and old Taumany. Tha G. M. bait*? the crowds more on home?up go tha rookata? the bar room I* filial , and while the tirad group* ir? d actmlng the incident* of the procession. wa drop our I enrll and go to bed, perfectly satisfied that tha real Tammany democracy are hard to baat, ait bar la real un or real fight. City PolltlcM. At a meeting, held on tha eveuing of the l?t Noramber, 18-18. at No 432 Fourth atraat for the purpiaa of qnaationing the right of the Corporation of Trinity ( burch. to bold the property now in their baoda, claimed by them a*theira and reviewing their esanaaa for committing the high banded wrong* sad oatrafaou* act* of which tbey have been guilty, Mr. Wm. O. Uutler wan appointed chalrmnn. and Mr I'homasC. Murphy, secretary, when the following pramblna and reaolotlona wi re tillered and unanimout-ly adopted. W hcrea*, Theie is no power more 4tager?u? to tba interwita ot the State, than c?rpjrauori amnMing >vut ininanlaf wealth, ami U"ing it to pri mote their own inirreats; anil wiureiK.> ( hnrch la ?ueh an turtiintion.and haahOMta<l of in " political wcUht aa reuuirifit o.moderation;' tad \? IrttK, Trniiy'.'hureh hie t*en p-nularly chartered <m s fraaau.ent grunt, raid to have bran made In 1704; a?id grant nevtr having been tifned by the allrged grau:?ra, sor IhttMlof > (Pre affixod thereto; and Whtrea* Trinity Church has maintained [^.aeeeeion of ita immm.H* wealth by mrnna of fraud, a* it win unknown, till hktaly, lliat the fret/ nJ?d r ran*. ? ' unsigned and u tine tied, aa the* bava alaaya prcdnoed an 'oHlee-copy " wnen called open, tharafey raining Irgnlatora, end oti era, to believe that Um original wm correct in form and fact; and Whereaf, Trinity I hnrch Illegally holdj p^awMloa of mIDitna of dol'art which belong to the people of 'he State. and wliielv if It ihosld he ta< heated to the State, wonld pay off t ha Ktate d?bt lelieve people from taxation, and ineraaaa the common aahool fund; Wheieae, Tririty Clnrrh, in 'lenled the authority of tha Lcii!ati te to rail in tl cm for an account of ite Uwardehlp; and W liereae, According to their own report, mad-> under proiaet to the Seiiate, tiny have lorfeited tiieir charter, by having a greater Irci me than tl ey are entitled to: RuoIt?<1. 1 hat we will meet Trinity Chnreh in the pailtieaJ field Kha boa to long occupied, and n,ak<- a trial of right agaiaft might: J-etolvcti. 1 hat Hamilton Fi?h, hiving b*en addra*<ed on tho rohjact. hat r?furad to notica our commnnivatioa, and U, tharcfoti, nut < niit'fd to our tupport, and Kt'iolvcd. 1hat a? itio llun R. H. Walworth hil )? )<! addiM?..J on the tame tuljact. and ha* dinolatmed having anything to do with it, ) e it aim., thi rifi id b< t entul.d to onr rapport: kail KfMilvrd. 1 hat at the iitinciplea ?f Gen. John ty. Dix.and tho other caLdidatci o! the Iree toil pvty, coiaeide with onr own. wo will, tlieref<re. oae all h< norahla imim to Ktnr? their election, and Tecomn and all cir fallow eitizeoa in tha State, to iwpport the aln ve Candida- at f> r rtrata oflinea. Rrtolvcd, That their praatnLlvt and reflation* be pahbnhed ha the city papart; and all pap-re il.roml out t!.a Itate, favorable to tha f?OM<, be rrqueittd to jive tham an inwrtian, and e*ll attention to them. I'pon motion, th? meeting then adjourned. WM O. BUTLER, President Tho*. C. Murphy, Secretary. Police Intelligence. Charge of Jihduction ?A complaint tu made Jtttard?y baforn luatice l.othrop, under the new lew tor the punifthmemt of induction, by a very good looking youuk girl ab*ut 17 >>-ara of age. by the nainaof Kitr.abith Stewart, ratiding at No. 20Tiinity Place. Hhe rat forth in her affidavit that about the 2tfth of Sep brf. and after tome little oourteblp he succeeded la th? reduction of ber virtue. unJ?r the prunisa and l(N0mmt to merry tier, but instead of doing ?o he left ami atundoned her. The statement of thin poor girl ?m < orroborated by .Annen (Joodball, who frequently beard tte accnred .?ar that he w?? engaged to be married to Klixabeth, and tbat he had ou several ocMilem had Illicit Intercourse with her. |The facta rat forth, coming within the meaning of the new lav, the magirtiate lsi>ue<l hie warrant for the arrest of Lawaon, Hi d placed the rame in the hand* of offleer Leland, wbo proceeded at once on board of theahlp Iowa, lying In the stream, bound for California, on which ship the aerated it one of the officers On the officer making tbe arrest, the irate of the ship refused to allow the prisoner to leave tbe rhlp. and thereby compelled the officer to return without blm Measure*, however, will t? taken to dny by the magistrate that wtll ah<nr the mate of i>ald *h>|> that tuob interference wtth th? police authority of tbii city. *111 not b? tolerated. lira 11/ Huiintu at the Tumht ? Dating the last month the magistrate* at the lower police <*o?rt, have committed for the deliberation of tb? Grand Jnry of the ( onrt of ?nsionr, wbicb is impannelled to-day 6t esir* of grand lari-enle*, and about three tine* that amount of petit larcenies This large number of felon'ex don'i chow that crime la on the detreme, bat (juite the conttary MoNlYli) Pacver.?The Rochester Amtrvan ol tli<* 3<l u st bhv8 that as the Police Magistrate an<l tb*UT*rrc?rsor ine root w?r* proo>?<iing notnewaid* on tbe ?vrnlni< of the lit lo?t . tk?; ttr? mo a'r<l by a mii*r?bl* looking ion of the K.merald I ale, who bf||?J titr% e^nta to enable bins to get lodging*, ? oUitrwia* h? ami lie ta tbe *tre*t? Alter qnaetkmlng him. tbey blm the charity ioliolted, the otmitttr riqueftlcp him to call at h'a oifftooin the morn in* He did to. and b?iR'd furthtr aid a* ha dwlw4 to go Wh t and reprenvnti-J blm'vlf wholly wUho?t mean*. Mr. Steten*, the Orereeer, qnaatloned bin aoni*what eloaely. and iu*f anting all wai cot right, had him e?amlnta, whan an old ?tepbing wu found laaldaof hi* fit coeta'i Ing the foUAwIng loni, ?i?: JO aorereUna, 80 ; f 80 In Amtrtran f Id ; M In ailm. and $1T3 In bank not**, making tbe groan turn of tbre*>huadre4 and thirty thr?a dollar* and eighty aant* ' After deducting from bit exchequer the coat of hi* night's lodging acd the aeareb, be wai diamtaaed with an emphatic Injunction to liara the city. Ha InaUntly olejt d Such instance* have occurred In thla c'.ty la onr cf which a pauper wa? learchod at?b? f oot hotue, ?nd f;i,0C0 found upon him,

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