Newspaper of The New York Herald, November 28, 1857, Page 4

Newspaper of The New York Herald dated November 28, 1857 Page 4
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NEW YORK HERALD. J AIK8 GORDON BBRRITT, 1D1TO* aND PROPRIETOR. iptioi m. v. cok> km or hahsau akd fulton bts. iiMk cn*M ? u<trun v IBF 1AUY FFKAI P wee ran, WJ THf ?? 't?i I MKJtALV, r.*'k. *** rrnU P** o- i, t*e? af Kvfi , lA* Svrttpfa tt(m, 14 per ??"???? *? e^Vw*w ?7? U* fWiaei*, uxA " fK " /vTiHTf ffFK it r /?, WVI?w?f I ,it <W nen/? |>e? "*l?OLCJfTA h y ( X ifiKESPO/IPKlfCK. nw?> frnpnrittm in., /.??. m| yM?*t*> ?/'?*? leoeM lY ??- in// /?. lOte ?si'tp t- "' (9-OCE Fokbicb CoRu?!?ronDE*Ts abb Pak n, i'i ?kc> R>uit>Tki> Shi tu Larraiu t?u I'mtttH tairr o?. _ . JV'fl h'OTICF <??<??> <y P*? WW?pW?>W> rwi, (Aoar -???! JOB PRiyTltiti 'ifrntni vtlA Keatnww, cAeajmew and du AMlrA Al'VERTISF.MKHTS renewed eeery day; cuirt i ni?s into in imnl n (>?' Trim HtK?u>, Fabili Hbkaih. <s?I ??? tA# gbMHUM Mi' Kuril f???* fto.3** Voluat mi AMUHItMKNTP THLti EVENING. BROADWAY THEaTRE Hrwilw?y ? Tmb Critic ? Till CHAT UllU. A VAT ? AltTlIOHT AKI) CLXOrATBA. IOTUiO'R ?>ARDEN Rm??lnav ? Afiernoou, Jor?o? Tight R+rr F?aT?? 1 ' a ii t<>m i m r : or B"?r .?!? Evening, Tiuht R<>r? VutronuiNci*- Two Uiyaij. ii DrcBALBBAr. BOWERT THEaTRE, fWerv? EuitiTKHit and Qra mmt Fbat* -Morkbt or Madmid. RrRTON'P Til K A TRK Rr.wklwt;. opp.xlbi Boo J Atroet A 1>at is New Yorb? Paris am> Lukirjk. WaLI.aCK'S Til KATUK. Broadway? Two to Om, ob THK Kl?o'* VlelT? CarHMJB, OK IiOVIR AND IICSBAND. LAURa EFENE'P THEATRE Roadway? O band PtbC tacli or Tub Ska or ob. ob a Motbbb's Praybr. ACADEMY OF MTPTC, Fourteenth street? Italia* Oi?b Bah? La Ponh aMBVLa? Li'CIA pi Lahhsrmoor? II Tkova tobb. BARNTW'P AMERICAN MUSEUM Broadway? Aft?r ?non and Evening ? Oct; Cocktbt'? Sikiwj WOOD'S BCTLDIN'tB. S61 and MS Broad ? a/.? Gborgb 3bbutt A Wood's Mi>?trbij< Old Dog Trat. MHCUAHIOR' HA. I.. <Ti jiAiA<1wAjr? Bbtaht's MtirsrsBL* -Knionui 8o*n?? Jolobbd PicrcuB Uaixbbt. NATIuNAl. (.'IKt'l'K fM rtimery? Afternoon nnd Kren tax. Koi'Bsteiar 1 bats? jtua-w Eibrcisbm, Ac. KMI'IRK RAt.I,. SVC BrfiAd w?jr? pAinifCS rLLC!TRAT!T? ?r TUB KAAA KXi'kDITIOl*. AC Krw York, Saturday, November #!i, 1837. THE SEW VOBk VEEILV 0 CHILD. News from Euixipe, Mexico, Cuba, Weal In dlt'B, South and Central America. &r. tfTUUM tkaukut at iokt jkkfkrson, i_. i. ? LOPh Of THK STKAMSHII' OrKLOTOAP ? THK STORM ON inr OHIO AN!" MIS8I881PP1 K1V1R8 ? AFFAIRS IN WABHINUTON? MAKKKTS, KTC., KTC. TUe Wbbblt Herald will be pahli*bM Bt ten o'clock thii tnorulnx Among >u* f i.n<-nii> will l>r fnuud the following: ? Ne** from Furope -The FbII of Delhi Hud UeHef of Lark now? Th<* KtUeU ?n'1 Wo?nd<?.l, Ac ?The Money Putiir. ImporlBti'. fiom WmhinKton. The Central American lmt<r?Klio, Ac. The Walker Mutetnenl tn the South. Ne w? fr?ni Hhvhiih Mexico. Hbj ll. Venezuela, nonduran St. Domuifo, St Helena. Ar Kditorlalp nn TBrioiiB Interesting topic*. lAteat new* by Telegraph Obituary Nolicea The Turf is Engluud and America. Another OuIthkc on American Commerce Pe rlicular* of the Hurtling of the Steaml>oat Rainbow, and ) oa* of seventy live Live* Appalliuc Tragedy at Tort Jeffer?on. L 1. The I^mu of the Ste .mahip Opelooaaa. The Perm on ilie C.hioand MU?i*?lppl Ri?en Financial Commercia R' liglniia, Political. Hp.irUnf and j ManUme lntrlturence. Weekly Review of 'he New Tork Cattle Market Marriapea and Death* together with a large variety of in- | local and miaoelianeotu iteiaa. Single eopte* m wrapper*, raady for mailing, can be had at the Aoiiuter Price alt cent* The mail* for Southampton and Bremen, by the steamship Ariel, w ill clime at 10H' o'clock IhU morning Tlir WiktLr Urn Ait. will l>e ready In time fof mailing. Subscriptions and ndTer'ixements for any edition of the ' fc'r.w Yobb 1U it alp w ill be received at the following places | In Furope ? l#Of?IM't? . ^In*"!! L * . Poll A Co., 47 1' vdgate hill Am Fnrop an Kxpreaa Co., M King William at 1 I'ABI!- .11 Kspreaat'o .Kl'lacedcla Itourae. LlvBBfOOI. Am European E?pres* Co . 9 Chapel atreet K U'.uurt. If F.irhanco street. Esal Hatla Ani European Express Co.. itl Rue CorneiUe. , Thr !*fw?. Tlii' meeting called at the Academy of Music last night to respond to the nomination of Fernando Wood for Mayor k#- the largest and most enthinias ic popular demonstration that perhaps ever took place in New York. An hour at least before the time appointed ft* the meeting', and. in fact, within ten minutes' alter the <>|*ning of the doors, the builduig was crammed from the pit to the ceiling. Every avenne to the house was jammed to suffoca tion, and the approaches to the outside doors were blockaded bjr immense crowd*. The only way in which Mr. Wood himself could guin access to the bouse was by his being lift* d over the heads of the m<tr?es and deposited, w ith the unavoidable derange ment of toilet, within the door owning to the ap p roach to the sta^e. Some of our uwu. and most of the reporters for other paper*, were utterly foiled in their attempt to gain admittance. Even members ot the Committee of Arrangements and some of the most prominent democrats in the city had to be content with outside plaee*. Mr. vv?>k1 made a complete vindication of his official curse. Th< other speakers were Attorney (ieneral Cushing, Hon. John Kelly. Hon. John Cochrane. Hiram Ketchum Jr.. Col. lk*beny aad I>r. M>rkle. Ad dreamti were deliurvd in the street from half a docen various points t.y -core* af democratic "rs ton. Altogether the affair whs highly exciting and enthusiastic, and augured well for the democratic cause. The Police Commission met yesterday, and engaged in secret session in active preparations for the election. A force of spOOtala, to do duty on election day. not to exceed .009 men. was provided for.. Tin poll cUrks are to be divided ac cording to the pohtiral comph xion of the inspec tors and canvas# ere. (riving all parties a fair bearing. The < .eiwral Superintendent has issued an order re<|i*?tinj( ntums denting to act as specials to report themselves to tl?e Captains of the various Italian hones. A detachment of the Brooklyn force will be detailed to this city on election day. The police "f the Thirteenth ward hare subscribed 1117 in m< in y to be distributed among the poor of the ward. The Doard of Hnpervisore did not organize last t venui^ !'-r want of a y.'rum. The It. -rd of A!de>men met last evening, but transacted no business of general interest. Tin ? i.roner's investigatMl of the Water street mi nl< r? ? .is brought to an end yesterday. The jnry re; )? red ? v. rdk t that McManus came to his death at the hand* o! Kratii is Vardell. and that Busan l'emp^ey ? am? to In r il? ?th at the hands of the com panion of the pn-<?ner. v.irdell stands committed, awaiting the a> tion of the <>rand Jury. The South Cart liua Is inslatnre bullotted yesterday for a t'nited Sute* flMiator in place of the late A. P flutler. The ?< t? stoodt* John K. I'reston, H) James 8 Clements Mr Pick- n? r?; Mr Ham nfond, II. The Legislature adj sirned without ill> i Mlij a clink*. The ? of ' iitbm ye- tenia) #? f e tin* t to ??aal< I u i>?s"i up" i ms-d mMdlme t'ptan'ts At ljc ?howiDK h mtuionf atsmt per lb above tlifj rur r#*t t?fi r? the rsreipt of the sienna's new* The k o' Hie i anal*, mthbMod with a (rood fA-tern nnd spse-ik tus demand for flour and grain. paused j?iee? in a !vat < r The re*?-'pt* were free, hat were eiperted sre kme V' become seriously diminished, so far as the river an ! canal* were available The recr- (.u for two da)? eodMif )e*t?rda) fureaooe, were as follows .? st ths < axaie asp sirtrrs urn fVsir bMs ?1.071 tm*i sis ...134.1M <X>m bushels .,,. 1,(11 tela bushels Il.tssi hartey, bushels ft, 111 st aais aaiijuup fksu , Mils., ?,770 st ? iT-rmiaa ?>??*??? rt.tnr, ht Is 4,703 !V flour i^*i k. t was firm Salsa < s?sd nt an advance ?I about 10< per tibl Wheat impro\e<! full 1< ale per hwhal, With Ivlerab I frre sale-, particulars f winch are gi\ en in another column Corn *old m a limited way at 87 c a 88c Tor We*u-ru mixed, and Minn yellow at W>c. Fori vu hearr, and sales limited Sugar- were hold to the extent of about 1.000 hhd*., at rate* given in another place. Goffta wan in moderate r.?que?t and price* unchanged. Freight* to BriUah port* were Irregular, aud engagements light. Tobacco, in hbdo . was taken t ? l<on don at '.Mw. , and logwood to Bremen at 36*. A New Crtata In Kantai AITnlra? ImpeiMlIng Dtasolutlon of the Dfrnwralle Party* The terrible revulsion which haw ho suddenly disorganized our lfctuucial tutd commercial af fairs aud paralyzed the industrial interests of the country, threatens still more serious conse quents, upon a side issue, thnn all that we have realized from its demoralizing social, commer cial and political influences all put together. A general financial collapse such as this un hinges and unsettles the minds of men upon po litical as well as in business affairs. Tt breaks up old party platforms, loosens the ties of old party associations and party principles, and, like a resistless storm, sends everything adrift at the mercy of the waves. At such a crisis the alarming entanglement to which the affairs of Kansas have been at length reduced threatens not only a violent dissolution of the democratic party, but a shock to the strong fabric of this Union, which will shake It from ita turrets to its solid foundations. According to the reliable advices which we have published from Washington a direct issue has been raised between the President and Gov ernor Walker of Kansas, upon the solution of which will depend the success or failure of Mr. Buchanan's administration, the unity or disrup tion of the national democracy, and the peace of the Union, or the most ferocious sectional conflict ever known between the North ami South for the control of the general government. Reduced to a few words, the disagreement be tween the President and Governor Walker amounts to thin ? the President holds the ground that this Kansas Lecompton Convention was a legitimate convention: that it had the lawful authority to frame a State constitution: that it -hould have submitted such constitution bodily to the vote of the people: but that, in submit ting the question of "slavery" or "no slavery" to the popular vote, the only material question ut issue was satisfactorily provided for, aud that accordingly the immaterial reservations of the Convention might be overlooked. Gov. Walker, on the other hand, emphatically de clares that this Lecompton constitutional pro gramme is an outrage upon the people of Kau nas ? a shameless violation of all the principles of free government; that the constitution in question is yet a secret document in the Terri tory. still in the hands of the committee, to be altered or amended as they may think proper; and that an effort ou the part of Congress to force said constitution upon the people of Kan sas. without their voice being heard for or against it. will be surely followed by rebellion aud a bloody civil war. Ilere is a wide, deep and yawning chasm be tween the President and the Governor. Is there an available compromise that will bridge itoTer? Are there any practical concessions within reach that will suffice to fill it up? Doubtful. Gov. Walker has deliberately and resolutely taken his ground. It is vory cl^ar that he docs not intend that his official head shall be dropped into the same basket with those meek and lowly Kansas martyrs, Reeder, Shannon and Geary. No; Walker is an older campaigner ? he has taken his soundings with a longer line; and if the administration is not with him. he is against the administration . and will tight out the issue before Congress and be fore the country. Assuming. then. that Mr. Buchanan, on his side. has gone too far. to recede. what is the prospect? On which Fide is the heaviest metal? Undeniably the spirit and letter of the Kansus Ncbraska t?ill demand that by the vote of the people of Kansas her organic law as a State shall be determined ? not one question of it, but every question? not a part, but the whole, and every part of it. And yet it has appeared to us that an honeft election upon the para mount issue of '-slavery" or "no slavery" would tnM-t the only really important requisition!* in the caw. Unfortunately, however, nobody knows what this Lecompton constitution is or what it is to lie. It is charged by the free State party that a popular vote upon the detached slavery clause will amount only to a mockery , Inasmuch us, regardless of this test, this constitution will make Kansas, to all practical intents and purposes, a slave State. The Southern fire-eaters' organs seem, strangely enough, to 1** pomesaad of the same idea. The Charleston Mrrcvry. for example, in a late exult ing article on the subject, says: ? " If the Con vention is omnipotent to form a constitution, has it not also the power to carry it into effect! This is all they have done. It is true, these arrangements defeat the intervention of Walker and Stanton to give the control of the Territory to the black republicans, and utll end tn Knvto* a flwf 8tatr\" and then, clapping his hands with joy, our Charleston fire-eater ex claims that Walker and Stanton "are marked ? tail and ears cut ? let them go." Thus it appears that there is some jugglery in this Lecompton programme, whereby Kansas is to Ih> slipped into the Union as a -lave State with the appearance of a popular ratification, when perhaps fulh four-filth" of her actual in habitants are oppos<>d to the recognition of slavery. From recent events, also, the present position of Governor has had its mysterious foreshadowing", for how else are we to account for the bold and in dignant stand taken against the Lecompton Convi nt ion by such orthodox democratic organs as the Chicago 7Wj?. (the home organ of Sena tor Douglas.) the Detroit Ffr* /'rw, (the home organ (if General Cass.) the Philadelphia /'reu, (the home organ of Colonel Forney.) and the Boston /W. (the spoils organ of poor Pierce) ? W< dare say that Governor Walker ha# l?een ? xarp< r at? d by the vile personal abuse of South ern fit ' -eating | olitlclana and their organs into a more dectfltre course than he would have otherwise pursued. They have belied him. de nounced him and condemned him to such an ex tent that he has had no other alternative than the humiliating martyrdom ol Reedef and Geary, ? i a bold ds-h for a new and stronger position II'' w ill not )>ow his neck to the axe of the fir? 'liters. H?? shows fight; and he has thus raided an issue upon which the administration and tli' democratic party rapidly approach the crisis of life or death. Governor Walker, in a word, has crossed the Rubicon, and the fate of Komi hangs in the balance. Without some healing ground of compi omise upon which the 1'residejit and the Governor may honorably msi< some compromise, withal, which shall Is* ?ath factory to the people of Kan 'as th> pros pect before us is that of a creeping and terrible political revolution. .W-n's minds, j as we have said, already shaken aud unsettled by the demoralization* of tbi? financial revul- I sion, are all at sea. And where and when Khali they find an anchorage if the administra tion in itself entangled among the breakers? On both flanks the national democratic party is encompassed- ? Walker and the Northern de mocracy on the right, and the Southern tire eaters on the left. The chance* are that should this Leeompton programme be rejected by Con gress, the fire-eaters will break out into an open rebellion; but should it bo accepted, the demo cracy of the North will be swallowed up in a general anti-slavery reaction, compared with which that of 1850 will appear as only a light summer breeze. With this movement all na tional party organizations will disappear, and the issue between the North and the South will soon be narrowed down to the question of a purely sectional control of the affairs of the Union. Walker has taken his ground and knows his strength. The tire-eaters have taken theirs, and their breath of life is discord and agitation. Upon either horn of the dilemma the national democratic party is destined, perhaps, to be dashed to pieces. We cannot yet undertake to pronounce an exact judgment, one way or the other, l>e tween the attitude of the administration and the position of Governor Walker. The doings of this Lecompton Convention are enveloped in mystery; the policy adopted by the President has doubtless been a careful decision from the West lights before him; but we must know all the facts before we can un dertake to say wha^ parties in Kansas are most culpable and which are most praiseworthy in all this business. Viewed in any light, or from any point, this new crisis in the Kansas imbroglio admonishes us of the warning voice of Mr. Calhoun. In his dying speech in the Senate he adverted to the rise and progress of the slavery agitation, and looked to its future advances with the most gloomy apprehensions. He referred to the sec tional rupture of the Methodist Church, and next of the Baptist Church, and next of the Presbyterian, as the snapping of so many of the strongest cords which had served to bind the several parts of the Union together. In the late Presidential election it was forcibly shown that almost all moral, social aud re ligions sympathies between the two sections had ceased to exist. And now upon the boIu tion of this fearful Kansas difficulty the very existence of the political relations which still unite the North and South is the question at stake. Who at this crisis will step into the breach, and rescue the administration and the country? Parisian Editors in Nkw York. --Some ob scure city journal gives place to the complaints of several representatives of the Parisian jour nals in this city, w ho state that the managers of theatres and other places of umusement here neglect to accord to them the privileges which are usually extended to journalists ? that is, they are not tendered the compliment of a free admission. If such civilities are extended at all. they should be reciprocal. The London managers treat the representatives of the Ame rican press with the greatest liberality and courtesy; but the contrary is the caw in Paris. Tn fact there does not exist anywhere in the world so churlish and impudent a set of men, so far as the representatives of the American press are concerned, a.* the directors of the Paris theatres. We have known these facts for seve ral years, and we also have noticed the same im pertinence on the part of theatrical stars in Paris before they came to the United Slate*. They have treated the representatives of the American press with the most execrable and awful impudence. Even the Parisian editors them-t'lvei exhibit the most profound contempt for their Americnn cotemporarles. We remem ber a case in point, when the Chevalier WikofT took the trouble to Introduce the Hon. Massa Greeley to Emile Girardin. the elegant reifar trur of La Vrtttt. For months afterwards Girardin made the frequenters of the niton* where we visited laugh and chuckle r?ver his ludicrous representations and descriptions of the dres*, appearance, mnnners. looks, pant", hat, old white coat (with a new black dress coat under it at noon day,) which marked the editor of the (mat anti-slavery, abolition, humanitarian American journal. When the Parisian editors and theatrical managers learn to treat the representatives of thi American pres? in that city with something like the courtesy that U extended to them in London, it will In- quite time enough to talk at>out French politeness a? contra-distinguished from English rudenew*. PoLTTK AL Duron** GOVERNOR KlXO AND the Ckmkal Pah* Commuwiomcm. ? Some weeks ago. in compliance with suggestion* from various quarters, and with a view to re lieve the distress existing among the laboring ' daw-*- by giving work to the unemployed, the Common Council appropriated the -um of two hundred and fifty thousand dollars for the lay , ing out and grading of the Central Park. It ; was naturally mi pp<e-ed that in the selection of laborers for this work the requisite* d'-manded from the applicant would lie purely physical, and that the strongest arm would carry the day. It seems, however, that this idea was en tirely erroneous, and that the political opinion of the lalmrer was chiefly to l?e consulted, as will lie sees by the annexed cop} of an aflida ? It: ? City flinty rf Iff* J*ort, n ?Jam** S. I?ean re MS trig at West I' .ty tlnrd ?tr'?ft ,u -nul rtv being itul) -wr?fti -ay- ?tit, Thnrwat. th?* I Jth day of Moroni lit lit t.. I railed on Mr. Jnfcii r It itt 'rworth, on* of ttie OlHral Park < V mmi-- mv r? at 21 Kt?t| *ir<-? t, u l will nt?.t an appointment from h m as foreman of a e?im <tf men rm tin rentral h< a-ked mi if I wan a K.rotu I do Wood man. sayinfl ?I tin- -ame tim. that I looked like "III ?" *kiel? I r. pill . I Dial f wax a Fern mrto Wood man | bftln H -aid thai tlw i ??mni .- inT> W'Kilil mil appiiini niiy Fernando Wnod no n . I at th? -um* timo '.tf.-ri-i him tin bowl of fSfefMrSa; Iro still aair| no; and thereupon I ; Irn In- <i?ce .tAMK- li I.I JCAH. Sw>rninthi !Stl> day of November IS57. Ih-t'iru me, ; W ? H. fiwiiiv-, Cum m turner of Dcmu. j This affidavit gite* the In'?i posniMf prrtof of j the bitter personal hostility which exist* among ! a certain clique of Albany politicians against ' the Major of thi- city, as shown by thr acts of the last Legislature hihI the nppoiutnr'nts of

Governor King. Tlii? |?er-"tial enmity wit" the cause of the atrocious Mtsof the last Legislature, and the equally atrociou" appointments of Gov ? rnor King. who gave ns a numlier of indepen dent commi.isions, who neither held their offli es from nor were r? -?ponsihle to the peopln. They have rain-d the cry against Mayor Wood, ? all' d him thief, forger, burglar, rioter, and all th? crimes in the calendar, in order that under cover they might urge commi*ion upon com mi*?lon. to govern the poor tax ridden people of this city, and put right or ten million of dollars per annum into their own potfeets. We nhall we how fsr the people of New York will permit this game to Its carried. It is the principal Issue In the coming election, and should be to regarded. The Failure of Uae Finanrlal Kyuttra of Ku ? r?|*-Iwrti* of American Influence There is a (Imposition both in England and in this country to underrate the importance of the tempest that has lately passed over the financial world, and the journals that lend their ear to and follow the opinions of some interest-bound clique do not perceive the vast import of events that are germinating round them. Single events that indicate the course which the great upper current of affairs is taking are daily transpiring. Yesterday one of our Wash ington correspondents advised us that a very hiyh diplomatic authority in England has writ ten home that the wisest heads there are shaking in view of the advices which are pour ing in upon them from America, and in the same letter tells us of another incident which, in his view probably, had no connection with what he had jus! before stated. We allude to the announcement that Mr. Belmont would re ire from political life, and go to Paris to take the management of the banking house of the Kothpchilds. Both of these things point to one great truth, which is the wide and growing in fluence that affairs in America are attaining in Europe. In fact, both to England and France the commerce and the commercial system of the United States are of vital interest. We are in a very great degree the largest foreign consumers of their products and manufactures, and the most profita ble employers of their accumulated capital. Whatever, therefore, disturbs our consumption of the yield of their industry, or our safe em ployment of their wealth, coines at once home to their pockets and their hearts. It is this that has led to the anxiety that attends the receipt of advices from America in London; that has brought into life the numerous English, French and German banking houses in New York; that has carried a Bates and a Stur gis into the responsible management of the London house of Barings; that has given wealth und influence to a Peabody; and that now is about to carry Mr. Belmont to the head of the house of the Rothschilds. It is true that Mr. Belmont is not an American, but he has per fected his business education by a course of many years in this country, and looks at affairs now with an American eye. and judges men and things by an American standard. In this, as well as in many other things, we may perceive the indications of the daily advance of Ameri can influence in Europe, and the gradual reli ance of its leading interests upon American talent, energy and enterprise. But the effects of the present financial revul sion in Europe will reach much further than the simple advancement of American influence in European affairs. In our first comments upon the advices of the suspension of the Bank act in England by a treasury letter, we stated that it was the failure of the whole financial system of Europe. A succinct historical review will demonstrate this. When Junius was writ ing his celebrated letters to the London Morning Advtrtuer?wm nearly ninety years ago? he stated in a private note to Woodfall, the editor, that in his opinion the country was ruined; that it could not bear the burthens which the gov ernment was placing upon it; and that he was selling out of the funds. At that time the public debt of Great Britain was less than one hundred and fifty millions of pounds, and its market va lue somewhere about sixty-three. The prediction of Junius was falsified by two little events that subsequently occurred, and which have enabled England to carry a debt of more than five times the amount which he thought to be the limit of her ability. Watts perfected the steam engine, and Arkwright invented the spinning jenny. These inventions increased the productive power of her population a hundred thousand fold. Her mines were re-opened, her manufac turing industry recreated, and her commerce increased to a hitherto unimaL'iued extent. lTpon this new power the credit system was vastly expanded, new ware were undertaken, immense loans negotiated, and the nation, exu lierant with its new prosperity, bore the in creased burthens with even greater ease. Other governments seeing the effect* produced in England hare followed her example. Every where large standing armies have l?een kept up. wars have been made, loans contracted, and hardly one of the governments of Europe for a long series of years has exhibited the healthy condition of a surplus of revenue over expen diture. The deficiencies have been covered up by various financial tricks, such a* funding old debts and creating others in new form. Some* of them, as for instance England, has occa sionally resorted to a practical partial repudia tion by a forced reduction of the interest. 80 long as this vast system of expansion and ex travagance was gradual, and the value of labor was able to keep pace with the enhanced prices of food and BKMNtritl of life, matters went along smoothly. Hut the sudden increas** of the circulating medium by the vast production of gold in California and Au-tralia ha* destroy d the equilibrium between labor and prices; and this occurring at a time when the spend thrift government* of Europe had nearly or quite reached the limit of their facility to create new debts, the ability of the l? oplc to pay has broken down under the joint pressure of the stockjobliers and the sp< dila tors. and the end of the whole system htSOOBM. The necessity of a paper expansion -which is nothing more than a depreciation of the st tnd ard for the payment of debts, which has hern openly acknowledged by the government and the p?ople of England ? is a palpable coufe**ion ol this fact. The demand* of the 'uture cannot met in K?r?pe hy new V att* and new Arkwright*. The palm of invention has pa** d away from her. and may be s< en any day in the Pateut Office at Washington. The steamboat, the cot ton gin. the electric telegraph, the planing ma chine, the breech-loading lifle. the revolving pistol, and a thousand other mstchin* * that mark the age we live in. are pure Arnerican mti?. and tell the story of America. Th*re is anoth' r American invention that will yet make its murk In Europe t>efore the effects of the pre sent financial and consequent political revul sion shall have teased there. The breaking down of the whole )>orrow and pend system of government in En rope may lead the people to reflect upon the great utility of the American ballot box. Coht of Pontic KiOTaTION rumen Siatk MaimQBmkxt. ? The state is liberal in Ite esti mate of our educational n?cvs*ttten. In 18,">ft the amount of the State and city < hool taxa tion was $276,112; in 1867 it amounts to f 1,233,706. Population of tl-e city of New York In 1860, 615,547; population in 1857. 770,000? increase of population 50 per cent; Increase of school Uu 150 per ccttt. "Sack up the Hijot." The War In India. We published exclusively yesterday morning the aeries of official despatches containing the authentic history of the war in India, from the date of the attack on Delhi up to our latest dates, and comprising the account of the cap ture of Delhi, the relief of Lucknow and the seeming overthrow of the plans of the mutineers in that section of country. Though it would be precipitate to conclude that the war is over yet ? especially as Oudo and Kohilcund are yet in the possesion of the enemy, and Nena Sahib on one side with hiB army, and the fugitives from Delhi, on another, with theirs, arfe roaming the country? still it is quite apparent that the remainder of the strug gle cannot present any appearance of equality. Despite the numbers of the Sepoys, and not withstanding the advantages they possessed in being on their own soil, under a climate which could not injure them, and in the midst of a population well disposed toward their cause, the natives of India have proved Incapable of standing their ground even against the van guard of the army they were to have conquer ed. They have been utterly crushed before their enemy had completed his preparations for crushing them. It was in May that the mutiny broke out. Within the space of a few days, it developed itself throughout the rich countries which skirt the Ganges and the Jumna, extending the whole distance from Peshawar to Calcutta, and almost from the Brahmaputra to the Indus. There was not a town or a station of any im portance in Northwestern India and Bengal ? with the exception of the capital ? where the British authorities were not attacked, ?r where that attack was not anticipated and prevented just in time. All the large cities, beginning with Delhi, were seized, and in them arsenals and bullion sufficient to support an army for a couple of campaigns. People and Sepoys vied with each other in the ardor of their aspirations for liberty, and in the ferocity of their hatred of their hereditary oppressors. So overwhelming was the outburst, so sudden the attack that for a moment the British were paralyzed. Before they could recover their sen-es, the officers of muny regiments had been slaughtered, Delhi had been a scene of indescribable outrage. Nena Sahib and his followers hud sated the'r fury and their lust on one thousand English, comprising among them numbers of tenderly reared ladies and little children. From the mountains to the sea there was but one story; every white per son, young and old, male and female, was being beheaded with the most livudisli brutality. The day the news reached England measures were taken to send troops to India. But long before these troops had l?een shipped, every reliable man in India was on the alert. A little army was gathered on the bills outside Delhi ; it consisted mainly of fugitives from the city. In Oude, the remnant of the British were formed into another little army, and Lucknow was refortified and garrisoned. An other little party took possession of the fort at Agra. A fourth secured Allahabad. Moan while a handful of troops, chUfly Scotch High landers, under General Ilavelock, writhe first to recover from the stunning effect of the out break, and to commence offensive operations. They took Cawnpore, and avenged on all the Sepoys they could find the heart rending cruel ties which have made the name of that place forever memorable. They engaged, near a score of times, the insurgent ariny hovering around that place and Lucknow, and each time, though enormously inferior in strength to the enemy, thoy beat him. Finally, after a series of conflicts, they succeeded in relieving Lucknow just as the provisions of the inhabitants were giving out. and the besiegers had undermined the works. Simultaneously with these operations, the be sieging army at Delhi, which at first consisted at most of 1.600 to 2, 0(M) ui*'D. received rein forcements from the Punjab, together with con tingents from Cashmere and Home GUoorka levies. With these the siege was commenced in regular form, and just at the moment Ilavelock was relieving Lucknow. the army under Wil son was storming Delhi, and taking it after an almost unexampled conflict These two achievements ocenrring at two great centres of the operations of the muti neers convey to military men the impression that all is over with th" mutineers. Before an other step can be taken by them. Junctions will !#? formed between the army of Ilavelock and the reinforcements now a-cending the river; Delhi will become a ha**- of operations in the North, and the insurgents, instead of being the masters of the country, will become m<re vaga bonds, while the Ilritish will hold all the'strong points, all the lines of communication, and all the available means of support in the country. Such results are indeed astounding when we bear in mind tho JHtty handful of ummi who have achicM>d them, the brief spare of time the struggle has lasted. and the overwhelming numerical superiority of the mutim-cr*. In a single sentence, cipbt thonsand Englishmen have conquered over fifty million1 of natives In the course of four months We doubt if history will fbrnish a parallel to such an achievement. I The names ol Wilson, Ilavelock, Outran, Nichol i son. Neil and Wheeler will go down to posterity 1 side by side with those of the great hen*"- of the w orld: England may .sell 1k? proud ol them. Their exploits and the successes of the armie~ they have led appear the more brillirnt and the more startling when we compare them with thof of the British army during the Crimean w ar. One can hardly realize that the soldiers in both case* were of the same race. The con trast arises, doubtb * from the fact lliat in the one ease the soldier* were led by men cho^n for their wealth and connections, while in the other they owed their t ank to merit and know ledge of their profession. The idea will strike the English them solve* some day: and will con stitute one of the most formidable arguments yet advanced against the aristocratic system. Tin w ow Wkki> on H?nd Anttv? Thurlow Weed, the M<'phistophlles of tlv Albany lobby, has arrived in town and taken up Ms quarters at hi* usual place, the Astor Home. He has ( "in"1 here to superintend the movements of the eonlition of the odds and ends of nil parties which has been formed for the purpose of put tingdown the Tamtnany llall deraoct acy. We are a little astonished to see among the present rnn/rlrft of Thurlow, our old friend John Van Btiren, and likewise John McKeon, an office holder under Mr. Buehannn. Weed is now con "tilting with the leaders of his party upon the pr position to send to Philadelphia and Balti more for two or three thousand Killers and I'lug Uglies to manage our elections for us. This is a revival of the old p'pelaylng game, which was established at thr partarltfffll of the dec< aw d whig party, and which made the names of (jlvalworth and other* bo celebrated. Mk. Tikmann Ah An Govkknor. ? It may l>e well for such of the taxpayers of New York as are under the impression that th? election of Mr. Tiemann will lead to a reduo tion of the expenditure!* oi *he city government, to know something of bis official career during hie term of service at* an Almshouse Governor. It appears, from the annual reports of the de partment. that between thirty and forty thou sand dollars are added to the receipts of this in stitution every year by the sale of property and in payment for board, labor. Ac., all of which ? as will be seen from section 10 of the ordinance of the Common Council, passed June 1C, 1846 ? should hate been deposited with the City Chamberlain, and a voucher thereof filed with the Comptroller. But here is the section itself: ? No salon of any articles or property belonging to the Almshouse Department shall he made, except hy the Commissioner, on the written representation of tlie Super intendent of the establishment to which auch articles or property b^Umg, that the ??m? ought to be ?old; and all moneys received hy him from the sn'e of any artiole or property, or in payment of hoard, labor, or in any other whv , hIinII once in each month be t>eid to the City Cham berlain, and the return thereof be filed with the Comp troller. The total amount of money received in this way, from the organization of the Almshouse Department to the present time, is about two hundred and fifty thousand dollars, all of which should have been paid into the sinking fund, to make up the deficiency of interest ac cruing on water stock of the city of New York, according to the requirements of the law in re lation to the Bubject, the particular provisions of which are set forth in article 8. title IT. Now, that this money has been misappropri ated or improperly applied appears from the fact that it has never been deposited with the City Chamberlain; and this occurred, too, when Mr. Tiemann, whose particular recom mendation for the office of Mayor is his ho nesty and vigilance in the public interest, occu pied the position of Almshouse Governor. It may be said that he was not aware of the ini? appropriation and the loss to the city of a quarter of a million of dollars. Rut what kind of a defence is that which is based upon the supposed ignorance of his official duties? If Mr. Tiemann was incompetent or unwilling to see that the people's money was not squandered or misapplied when an Almshouse Governor, what guarantee have the taxpayers of New York that he is qualified for the responsible po sition of chief magistrate of their city, or that the duties of that office may not be neglected, or. what is just as bad. be Impro perly discharged through the incompetency of Its incumbent? The official career of Mr. Tie mann proves that, however successful he may have been as a dealer in paints, his qualifica tions and abilities are not of that character to fit him for the office of Mayor. Let him. there fore, stick to the paint business, and not aspire to a position which his official antecedents and incompetency show he is not qualified to fill with justice or credit to the people of thia great city. Cont ok Tm: Pouch Unpkr State Con trol. ? The efficiency of our Metropolitan police must strike every one who casts his eye over the morning papers. Murders, assassinations, garrotings and burglaries form the ordinary catalogue of a night's events in our city. What is admirable in all this is, that we pay double for protection against these agreeable inoidents to what we did seven years ago. In 1850 the expense of the police force was only $492,000; in 1&>7 it is $1.000,000? increase. $508,000. Population of the city of New York in 1850, 515,547; in 1857, 770,000 ? increase of popula tion 50 per cent; increase of. police expendi ture, 103 per cent. ''Back up the Mayor." Thk Ofkra Rkvivkd.? The managers of the Opera have summoned all their resource* for a final effort, and they announce their new season to commence on next Monday with '? Robert le Diablo'' and a new basso ? Mr. Forme*? who cornea with the host European reputation, and a grand cast altogether. The Opera has Buffered very severely from the defection of it* chief supporter*, who hare been obliged to reduce their expenses, and the managers hare endea vored to trim their sails as near to the wind an possible. Although some of the artists have re fused to accept any reduction of their salaries, yet the the new sca?on commences under favora ble auspices, and its result will go far to show whether or not a good opera company can be supported here. Let the Fifth avenue, then, and other fashionable localities, rally in force for once, and help the Opera along. Cost of Officiai, Labor rxwcK State Com missions. ? Under the old system of corporate management, bad as it wn?, the amount of offi cial salaries bore some proportion to the labor performed. Under the system of State com missions we pay twice as much for having the work worse done. In ltC>0 the salaries of offi ! cinls connected with city departments was only j $200,000; in 1K*?7 it is $400,000. Population of the city of Now York in IKAO. 515.547; in 1857, 770.000. Increase of pop ulation, M> per cent; increase of official salaries, 100 per cent. Back up the Mayor,'* Last Yka?> Li oiki \tion Urox thk Af fairs of tiik Citt or Nkw You*. ? Will the people of this city, who have so recently and so emphatically condemn?*d the impudent and atrocious acts of the Albany lobby legislators last year, so completely stultify themselre* as to permit the defeat of a man who has l?ecn especially the rhnmpion of municipal rights? Whatever charges may lie made against Mayor Wood as to his commercial transactions years ago. there can In- no doubt that lie ha? vindi cated the rights and liberties of the metropolis against the arrogant assumptions of the Albany lobby in a manner which i? beyond all cavil. Co?-t of ?* r CiiAUtTABiJi IxHTrnmorw Uvdkii State Protection. ? The State takes a step mother's interest In the administration of our city charities. In 1H.*>0 the Almshouse ex penditure was only $400,000; in lH.r?7 it amount* to ! 84.1.000 ? increase in seven year*, $443,000. Population of the city of New York in 1K?0, 51A.M7; population in IH.17. 770,000 ? increase of population f?n per cent; increase of pauper expenditure I'W per cent. ' Hack up the Mayor." Uours Comino fro* Raitimork.? It is stated that the new coalition of the odds and ends of all the old factions formed for the pur pose of putting down the democracy of Tam many Ilall, and getting into the city treasury to handle the ten million of dollars taxed which the people of Now York have to pay, In tend *o import from Baltimore one or two thou sand of the rowdies who created the riots in Washington a short lime since, to control the election ou Tuesday next. We hope that our city authorities will not hesitate to use the