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NEW YORK HERALD.
JA.HKS COBDOH BIHBBTT, EDITOR A K PROPRIETOR. errioi M. V. CORh'KR OP NAitfAU AMD FULTON BTS. SJULKK. n?A ta sAww- _ f RK T>A II r RKKAIP, hra ?n, fT por owmw. rue H /AA A 1 UtKAl.l>. n*rry Saturday, at MX emu per tan ? f ?? iHrfram. Ifc* Jhmrfntn %4jtrr la may fart at Urea t ArOn*, at $Mu Mf part o/ lb dbntment. Mt bindtislr pomatt. THK fA Mil r RKRAU*. rrrry WalitiaAay, at four etmUptr Mt or *i' r t annum. l OirA T^iT CONBESPOirPKJFCB, coHlmin+y tmfnrlani t, frnm a ?< y ym.rl* r of II k* irarU, if utj ?? ill It* Uba raUt/pavi tor *#-' Kokbig* CoMMBrOHDKMT* a#b Fab rioviuki.1 RtflOBBTKD TO RBAL A1X I.BTTSM AJTD FACKAOM hit os. V O fr'OTTCF film ?' arumymau* wiiTnynmlmnA V<dlM( Mora <A*w r n- rtrA J OH I'Rlb^lVQ rjfitlrJ \rith ntatnrim, (^wmw <ind ?1m A/> rWflSWXJT!1! r?n< not nwy (bt; atli 1H1? iii>* <?? ?*rW m lb Wbbki.t Herald, Kawlt Uiulo, awl ut ?A? fctWtniM and Atrqpran Edition*. TiIhm DU Wo. 335 AMUSEMENT* THIS EVENING. BROADWAY THEATRIC, Bro?dw?y-TuE Cuinu-Tn* PRACTICAL MaF? WaSI>EM?(J MiKSTKRL KIBLO'8 GARDEN. Bro?away? Tisht Rots F*at?? Fa (tC'ITA? Kobbmt akd Bkbtmasp. BOWER T THEATRE, ILwrry? K?}I7T*TRI A* AJID Utk IlfflC KBAT?? ViaiT TO TUB BOWEKT. BURTONS THE ATRR, ?rft*4w*y, nppn?ft? Ronrt ?tr?M? VAKITT Ku- Yoo BB dCKB TO BB SUOT? HaMiET TEATUTIB WALLACE'S THEATRE, Bro*dw?y? ' Two to 0k?? Labt ?? DimOOLlIBB. LAURA EEENE'S THEATRE, Thi 8?A 0? Xoe, ob A Mothbi'i Pratee. BAREnrS AMERICAN MUSETTE. Rro?4wAy- Aftr r nnoo. Waeperirc Both. Evi-ning. Tike Tries All? Laugh am Okuw Fat. WOOD'8 BUILDINGS, 961 A 863 BroArtwuy ? Gbo. Christt A Woofs Mi? meals? Feteb Piker Pefi-es Poror Mitt *11 A IflfiK' II AM.. 472 Broadway? Rbtamt's Misstbele ? ? KTcioriiJi Sojiui? suAjLiirBKBA* Kbadikud. NATIONAL CIRCUS, 84 Rowery? Equestblas Feats? GwnaDTKI KlBHfa'ltW, Ac EMFIRF HAIX, WS Bnxulway ? Paiwtisos Iu.of hatitb er iki Kami ahoti,- Kirmmos, Ac. THE WRKN I AMII.T, 444 Broadway? Swiss SwaiS*? Ho<u /.mi DaKU-MOK liuuKt.k in DitrictLTies. rtrw lorh, Thnrmlny, Dwmhfr ii, 1S97. The News. The steamship America, from Liverj>ool at eleven o'clock morning of the 21st ult., has arrived at Huli. fax. Her newH itt three days later thau that brought by the Fulton and Kangaroo, at thia port, and Is liighly imjiortant. The financial pressure, both in <>reat iiritain and on the Continent, continued to bear heavily upon all, although it was thought that a w mewbut better feeling had sprung up. <^uito a number of additional commercial failures had occur red. We give a list of the name* of some of the firms in our telegraphic summary of the Hews. The American hour*; of George Peabody & Co. was temporarily uml^rra-sited. but through the prompt intervention of the Itank of England it was extri cated. Consols had advanced a trifle. Cotton had declined one cent and a half per pound, and bread bluffs were lower. The America bronght about a quarter of a million dollars in specie. She passed, when leaving Liverpool, the Persia, which left this port on the 11th ult. With the exception of a slight revolutionary out break at Barielona, the political newstiom the Con tinent is devoid of interest. Another and an unsuccessful attempt hud been j made to launch the monster steamer Leviathan. Our file* of Hong Kong paper* to tbc 25th of i Septeir.lier contain accounts of the disastrous effects of a terrible typhoon which raged along the China coast. near Bhanghae and Foochoo. about the 4th of that month. It is apprehended that the disasters to ' shipping have Uen unusually severe. The ship Ariel, j Capt. Cutler, of and for New York, was dl-masted, 1 and loot all her anchors, but wan subsequently towed to Bhanghae. The ship Horatio, Captain Hunger ford, of New Bedford, bound for New York, had not been beard of wince the gale. but it may be inferred j from thin cirrcjm-tance that s be passed through the typhoon in safety. The three malted schooner Carbon, bound from Shanghac for Ningpo, is re ported lost. The above are the only American ves sels that it was thought could hare been in the gale. A number of Hritixh vessels were WTecked, the names of w hich are given elsewhere. We publish elsewhere copious details of news from j Mt-xico regarding tin' disturbed state of affairs in j that unfoitunate republic. A despatch from New | Orleans give* ns important Intelligence from Yuca tan. Sisal had yielded t? the revolutionists. The iKwicged revolutionists in Campeachy still held out against the government troops. The town was heavily cannonaded on the l^th ultimo, but the re sult had not beeu ascertained. We have detailed commercial advices from Mel bourne, Australia, to the 10th of September. Trade was unprecedentedly dull, but as the long con tinued dry weather was being relieved by abundant rains, an improvement was looked for. Gold to the value of 12,500,000, exclusive of that by the steam ship Emeu, was m routr for England. It is stated by the Mobile pa|>ers. in commenting upon the chances of On. Walker's effecting a safe landing iu Nicarauga. that a heavy storm occurred in the Gulf, which was probably encountered by the steamer Fashion, on board of which the filibusters were embarked. If this should be the ou.se it is not probable that the Fashion, heavily laden and crowded with men a* she was, escaped damage. We have carefully examined our flies and the reports of shifm arriving at the ? iulf porta since the 14th ultimo, the day of the Fashion's final departure, and do not find any report of disasters at sea or had weather in the region through which the steamer jrolmbly sailed. In our paper to-day will I# fonnd several interest ing documents explanatory of the causes of the sc ?ere financial disturbances from which the leading nations of the world are now suffering. Amongst them is a letter from a retired Statesman of Virginia, tracing the origin of these disturbances to the enor moo> amount of capital, foreign as well as domestic, invented iii real et-tatc out West His views carry w ith them a good deal of f'?rce, and although the writer may, perhaps, lay too much stress on some of the points which h?- relins npou to make out his theoty. there is no doubt that to the cause which he tssigTu. a Ivge portion of the mischief is due. Had tlrt-re not l*en something, how ver.f ?sentially rotten in the financial systems of Kur?>f?e. it would be im |>o?ible for an influence like this to have caused *ucb a profound and general disturbance. Ai Sir Jtoiiert P?*l > Hank art of 1K4I has be<n made the subject of a g<>od deal of discussion in the newspa pers, and will, no doubt. 1# made a prominent topic of debate in Congress, we think It useful to publish, j/i tjin i#o. the ti xt of Unit niesM'ire. A reliable statement of the publ, d hw of the leading nations rf Uie world in Ik., 7 wiU )* fOUnd a valuable fletnrnt amongst the data likr !y t ? be o?ed in the )< gi-Jative dis< nssiona which our present fiscal condi lion must rail forth. The people of Kan?n* are thoroughly aroused on *b* subject of the I^compton constitution. Meetings liave U-en held in which that instrument has lieen repudiated in strong terms, and several pro-slavery journals have, it is reported, come out stronit in op position to it. We give reports of two public meet ir.gs in our columns this morning, at one of which ? neral lane, the military leader of the free State tin n, expreswd himself in unusually forcible terms. A dispute growing out of the municipal election e* curred last night, in the Kirst ward, between Mr. Tturns. a letter carrier, and Jame* l<eonard, a hack man. in the course of which the latter received a couple of pistol tails in his body. The wounda were considered dangerous. Th* eaten^ve malting establishment located in IWtbuue street, near Wh. tumbled down ye?terdsy with an awful < rash. Some half dozen jsTsons were l"in??d liencatb ft* mint, one of whom, named h-Hy was instantly killed. The ItoAn) of Tee Governors met yesterday. f 'ai,,H F. Tiemann. the Mnyt elect, was present anil took his leave of the Hoard in a speech , the sub stance of which re give elsewhere. There are row 7.616 persons in the institutions under the care of the (.roveruors, btiug an increase of 1,662 ax coin pared with hurt year. The Board of F-d oration met ; esterdsy, and de voted considerable time to discuss ug a proposition to reduce the .i alaries of the Free Academy >2.(0 each. The motion was defeated. Nothing further of Importance transpired. The Commissioners of Emigration met yesterday, but ti ansae ted no business of importance. The emigration for the pant year, np to the 1st inst., was 175,015. There is now $32,216 80 in the treasury of the Commissioners. The receipts of beef cattle dnring the past week amounted to 2 ,7 !K5 head, an increase of 236 head as compared with the receipts of the week previous. The market throughout the week was very doll, but pre vious prices were maintained. The quoted rates range from 7jc. to 11c., while some dealers claimed to have obtained a trifle more. There was a mode rate demand for cows and calves, and first class sold readily at $50 a |W>. The supply of veal calves was light, but prices did not advance. Sheep and lambs sre quoted at fcl a $5 60, with a moderate demand. The receipts of swine during the week were unusual ly heavy, even for this season of the year, and prices declined 4c.. most of the corn fed being sold for 5jc. a 5 jc. Ths foreign news brought by the America, at Halifax, hart a depressiv.i; influence yesterday on the cotton mar ket. and no galea of moment were reported, while prices were unsettled and nominal. Flour wag also affeoted by the news, which, combined with the prospect of increased receipts and a limited demand, chiefly from the home trade, caused the market to fall off about 10c. per bbl. There were, however, some purchases made for export to Spain. Wheat was heavy and sale., light, at a doclinc of about 2c. a 3c. per bushel. Western mixed corn was held at POc. . Southern mixed (old and new yellow) sold at 80c. a ?4e., from store aud delivered; new Southern yellow at 7f>c. a 79c.. and Jersey new mixed and yellow at 70c. a 75c. Pork was dull, with rales of old and new mens at $1S. and at t!fi for prime. Ueof was in increased supply, and ssle? were made at lower rates. Other provisions were heavy, w:th a downward tendency in prices, sugars were sold to the e\t-r,t of about f>C0 hhda , at prices given in another column. Coffee was steady, with sales of Rio to the trade at 9i;c. a 11c., and of Javarat IBJ^c. a 16e., four months. Freights were dull and engagements light, without change of moment in quotations. The tea market v as flat, and the sale held yesterday went off heavily, es pecially for the lower grades, while several lots were i witli drawn. Thr Financial Knib?rrnui)<riiU of Europe mid America? TUeir Origin and Future lit. fluences. In our p?per of to-day will be found a curious and interesting communication on the causes of the present fruuncial difficulties in this country and in Europe, by "A Retired .Statesman" of Virginia. The only Virginians that we know of who can fairly lay claim to this title are Charles Fenton Mercer, a distinguished member of Congress in the time of Adams and Clay, who recently spent a good deal of his leisure abroad, and William C. Rives, for many years Resident j Minister from this couutry in Paris. Both the*? gentlemen have had full opportunity of making themselves acquainted with the monetary sys tems of Europe: aud the views of either in re!:i i tion to the present financial troubles of KngUnd and the Continent are always certain to com mand attention. Irrespective of its putative au thorship. the letter of the -Rttired Statesman" ia entitled to a careful perusal. It if. a highly in structive and suggestive document, and gives us a succinct but clear view of the influences that led to the late panic in this country, as well as to the severity of its reaction abroad. ; It traces the origin of our financial troubles i to causes more remote than railroad specula tion and mismanagement, and lays the blame of 1 hem on the reckless eagerness with which immense amounts of capital have been invested in reul estate in our Western States and Terri tories. This, the writer contends, produced all the difficulty here: and by blocking up to Eng land her Western markets at the same time that her commerce with th?* East was cut off. it also constitutes the direct source of all the embar rassments of the latter. Interesting as is the "Retired Salesman's*' view of the -origin of our own troubles." the feature in his letter which -will attract most at tention ih his description of the financial condi tion of Europe and the rottenness of all the gn at bank> and government*, constitutional as well as despotic, of tho Old World. Had his opinions been published before the recent sus pension of the Book of England, they would have lieen considered exaggerated: but when we see a purely commercial revulsion in this country shaking to its centre the whole framework i? government and society in the Old World, we arc compelled to acknowledge the force and justice of the writer's conclusions. Whether all these conclusions are likely to Is- realized, and whether the credit system as established in Europe has strength enough to sustain itself, will be deter mined in a very short time. That question, abroad as well as here, will lead to vast and in terminable discussions. It is evident from the tone of the public documents that have been is sued in relation <o these difficulties that the ma jority of public men and writer* are of opinion that to the banking system in this country their origin is chiefly to be attributed. This view is in a degree correct: but it mu?t not l>e forgotten that banking is only a part of the credit system, which embraces within its constituent elements other and vaster interests, such as coinm rce. government, and society itself. Inrtnir opinion, it is not the principle of any system or systems of banking which impart* to financial oj>erations the weakness that leads to these periodical difficulties. Our own ?y-tem is in all essential features the same that it was twenty years ago. It is true that since the great commercial revulsion of 1837 we have learned a good deal, but it is less in the improvement of the system itself than in it? practical management. As a proof of this we have only to cite the fact that at the present moment the banks of New York, not withstanding our late reverses, are in as sound and healthy a position as they ever wer*1 at any former period of our financial history. Their re sumption of specie payments 1 not a question of strength as regards their own condition, but one of prudence in respect to the mercantile community. The Governors of the different States are. we see, calling attention to their banking systems, and inviting suggestions for improvement* in thtra. We do not recognise the nec? '?sity or policy of this proceeding; on banking system, as we said before, is just as good b? another, provided it be conducted on correct financial principles. The same may be said of the tank charter in England, and of the Continental systems. Lengthy discussions will protmhly take place during the approaching session of the British Tar liament on the character of the Bank Chnr- I ter. and its efficiency to meet crises like the present They will fie a mere waste of woril-. The Bank act Is just as goes! a system as any other, if properly managed No system, how ever. ran Maud against the immense e xpansion which is continually In progress in Europe in financial, comroerual and governmental opera tious. Where these are pushed "beyond the limits of reason and prudence, the result must Ik' disorder and an ultimate breakdown. In this country we are gradually recovering from the effects of our imprudence*1, and are emerging from our troubles considerably letw damaged and frightened than the people of Europe ore likely to be. We have learned much from the last twenty yearn experience; we hare n rich and fertile country, and may re cuperate after our sufferings, under proper management, in a year or lew. But Europe in all its ramifications, from the governments down to the smallest institutions, frpm the noble to the peasant, has yet to pass through one of the most tremendous revulsions that the world has ever seen. Railroads, steam navigation and telegraphs, as they have been the principal instruments of the expansion, will probably serve to give greater intensity to the crisis. As they constitute, on the other hand, the ele ments of prosperity, they may telp to post pone for a time the impending confusion and ruin. Of these results time alone will enable us to form a correct opinion. In the meanwhile we must resign ourselves for the next six months to see the legislative bodies of this country and of Europe discussing, debating and twisting into vague uncertainties the eternal subject of currency aud banking, their conclusions leav ing us just as wise and as practically helpless as before. The LtMoni of the Election. The result of the election for Mayor on Tues day last cannot fail to be instructive to those who study it by the light of the principles in volved and the issues made when the contest began. The most important of these issues turned on the recent legislation at Albany dis franchising this city, and transferring the con trol of the police, the regulation of the Central Park, the building of the City Hall, and other important branches of the adminis tration of the municipal government to the executive power at Albany, or to its nominees and commissioners. The democrats proposed and the opposition accepted the issue on these laws; the former contending that they ought never to have been enacted and should now be repealed without loss of time; the latter hold ing that things were well as they were, and had best be let alone. The result of the election teaches us that the people of New York city are content to let mutters stand as they are, and do not desire to amend or repeal the obnoxious laws in question. As this expression of opinion will probably be considered final by the Legislature at Albany, it uiu?t be assumed by the people of New York that the system of local government at present in force in the city will be permanent, and that no change or amendment in it must be expected. It must be taken for granted that our police are to remain in the hands of the Albany Commissioners. that our public works are to be carried through uuder the supervision of strangers appointed by the Governor, that our city moneys are to be expended by the same parties, and, generally, that the most impor tant branches of the city administration will )>e taken out of our hands. Indeed, after the decided expression of opinion on Tuesday, it may be expected that the principle of the legislation of 1857 will be still further carried out in respect to other and more local depart ments of the cify government ? that the city magistracy generally may be appointed at Albany, and that Commissioners appointed by the Governor may be sent dowu here to regulate the proceeding* of the Common Council, and to direct the disposal of the finances of the city. Nothing lens would be consistent with the popular verdict of Tuesday, and the sooner we prepare for it the lietter. In another point of view, the election o' Mayor and Aldermen, on Tuesday last, siguifies that the revulsion of 1857 is producing its natural fruits in the disorganization or parties. I the gathering together of the waifs and otrav* of defunct factions, and the partial disintegration of the dominant party in the State. After the revulsion of 1837. the Ant feature which met the political observer's eye was a gradual loosening of the ties which hound the members of the democratic party together, a defection of certain of those members to the oppoeition. and an aggregation of strength on tbe part of the opposition, which secured to them ? at the end of the then pending Pre sidential term? the control of the government of the confederacy. The revulsion of 1*57, which has been in all probability more severely felt in this city than anywhere else, aud has ruined more families here than in any other town in the country, has begun to operate in a similar manner. We see already the beginning of a defection among the democracy to the op position. and the concentration of tbe hetero geneous elements of the latter upon a single candidate. We note that the democracy in beaten throughout the election; even its candi dates for neats in the Common Council, though elected, are elected by pluralities, and in the face of a popular majority against them. All this shows that the country is going through a political crisis such as followed the revulsion of 1837. and that tbe scattered ele ments of the opposition, where they unite, may prove as successful in defeating the dem?icrary upon a frreat scale in the country at large as they were in def nting the democratic municipal ticket in this city on Taeaiay last. Thk Ho*. Mr. Tti man* A>m lira ElKfRRt. ? The Hon. Booby Brooks, after pond"ring over the mysteries of our late municipal content, gravely comes to the conclusion that the support of the Ntw York Hhrai.o operated more actively to the defeat of Mayor Wood than any other cause. This i? but the opinion of a booby; and yet there may lie something in It. It if an udmission. any way, that the IIkiiai.ii exerts a controlling iniluence over the public mind. We haft an admission of this sort from Mr. Tiemann hiin*elf, for it appears that in a speech upon his election, aftir stating that the Heram) had published him as an excellent paint manu facturer, lie thanked us very much for the puff, hoping, at the same time, that he would prove to be as good a Mayor a? b<- Is a paint maker. He stated, also, that his partners in business considered our notices of himself as a very valu able series of advertisements, for which they felt themselves indebted to the IIerat.o, Very good; but we should feel obliged to Mr. Tiemann A Co. if they would mske up their bill of In debtedness in this matter, and deposit the amount to our credit in the Chemical Bank, or with our office cashier. Oar object in this sug gestion is a good one. for we shall appropriate the money to some of tbe numerous charitable institutions of the city, which will require all tbe contributions they can raise to help them through the winter. What say* Mr Tiemann* Thf Krwi Prom Nrilro-Thr Sptiilih Fili busters at Ktjr Wr?t. The news from Mexico is little more than a repetition of former portions of the history of that republic, and only shows how steady and undeviating is its march to dissolution. Co nionfort, rfter being declared Dictator, has adopted the policy of every other absolute ruler, and begun to drive from the country all w ho are obnoxious to him; and the press, gagged and chained down, can give the reader no in sight into what is passing there. If Comonfort were a man of strong abilities, and equal to the exigencies of the situation, he might, perhaps, even now work out the re demption from anarchy of hie country. But the history of his two years' dictatorship, which only expired last September, and the concur rent testimony of all unbiased advices from Mexico, go to show that he is only a vacillating and weak ruler. Whether he will be able to sustain himself for any length of time against the reactionists is very problematical. It is stated that the factions opposed to the government are much in want of a strong leader, and that while many of them are again looking to Santa Anna, otherB hare a design to bring forward Don Angel Iturbide, a son of the former Em peror. This gentleman is still comparatively young, and, we believe, was educated in this country; but he has never been distinguished in any way in the many upturns and overturns that have occurred in Mexico, though we think he has been an aide-de-camp to half a dozen Presidents and Dictators. But while these symptoms of weakness arc l>eing exhibited in Mexico, a new race of fili busters has sprung up to take a hand in her movements. The grand expedition of tho Spanish government that was to have gone from Havana being given up, the Sautanistas that congregate there, aided by some Spanish officers and money, have undertaken to fit out an ex pedition from Key West. The steamer Scottish Chief, and three or four schooners, have been purchased, and we may soon hear that a strong party of Spaniards apd Santanistas have depart ed for some pluoe on the Gull shore of Mexico. This expedition is fitted out from Key West, be cause the Spanish government wishes that all such undertakings should depart from our shores, lest its participation should become known, and injure in Europe the purity of its holy horror at anything of the kind. There was a rumor in town yesterday that the expedition had already started, and would soon give a good report of itself. We have little confidence in the ability of Santa Anna or Iturbide to do anything in favor of Mexico. The one is too corrupt, and the other too weak ? and whether that country would be able to stand an honest administra tion is somewhat doubtful. It has had, within the past six years, one good ruler, who was too brave to be bullied, and too honest to be bribed into tho unwise paths of his predecessors. When President Cebullos dissolved a turbulent Congress that wished to impeach him after it had conferred dictatorial power upon him. he took a step and exhibited a spirit that should have endeared him to every honest Mexican, for it is such a spirit that is wauting to regenerate Mrxico. And when Robles. Uraga and Lom burdini conspired, and seduced the army from him, they destroyed the nascent hopes of Mex ico. and opened wide the door for Sunta Anna's return; and he did return. Where Mexico's hope lies now, to save her distant States from the savage Indian, aud her central ones from anarchy, is a problem that she seems uot likely soon to eolve. The Democracy ano its Cugpr.sc? The de mocracy are cut up into various factions and cliques, North and South; but the most promi nent are the fire-eaters of the South and the dirt-eaters of the North. When Mr. Buchanan set himself to work In pick out the members of his Cabinet from the mass of patriotic gentle men that were ready to serve him at the low figure uf eight thousand a year, the Southern j Art-caters made a set to h?Tc one Robert J. Walker appointed Premier. '? Old Buck," however, couldn't stand that; but by way of a satisfactory compromise, he made Mr. Walker Governor of Kun?a*, that ?'graveyard of Governor*,'' and thought that in this act he had done a good turn for the fire eaters. Hut to the astonishment of all reasona ble men. these lire-eating chap* forthwith com menced a hue and cry of abuse against poor Walker, almost a* bad as their abuse of Fre mont. and from that day to this they have been Ix lalxtring Walker, and the President, over the shoulder* of Walker, art no unfortunate Gover nor of Kansas was ever belabored before. And what is lUe result? They have abused, villified and exasperated Walker until they have made him their enemy; and now, aided by Senator Douglas and many of the leading democratic journals of the North. Walker is not only in the field against these Southern fire-eaters, but he is with the Northern dirt-eaters against the ad ministration. Thus the violence of these Southern lire-eat ers has operated to break up the Northern de mocracy and to throw their balance of power | with the Northern dirt-eaters. Between these fierce extremes of fire-eaters and dirt eaters t-tands the administration; and we suspect that "Old Buck" will stand the storm like n rock, and resist the waves of faction and discord from every side. The fur will begin to fly among the factions in Congress with the reading of the President's message. Liiikm am) Ltwi. Scrw. ? During the last few months some half dozen or more libel suits have been Instituted against the Hrrai.d, rang- 1 ing from five to fifty thousand dollars damages; but at this moment there is scarcely one of them left upon the docket. The Michigan .Southern Railroad Company, at the commence ment of the revulsion, considered th< m*>lves so deeply damaged by the exposures of this jour nal of their financial operations, thai nothing less than two or three liln-l prosecutions would satisfy thelr# wounded honor. But with "the poImt second thought," they have wisely con eluded to drop, cry quits, and pay their own costs. Next, the managers of one of the Western l?ank*, offended at a description in our paper of certain counterfeit notes upon their infallible institution, resolved upon a prosecution for libel, made fools of themselves, backed out. and jmid their cos*. But the most remarkable, and about the impudent of all libel suit*, in this or any other country under the sun. was that projected against the llr.RAi.t) by that pink of chastity and perfection, the Kight Hon. Gardner Furniso. F?"q. Thi? celebrity, it appears, was induced to this step by a young lawyer of this city, who "has a brother." we believe, of the well known name of Patrick H^arne ; but upon second thought, the client came to the sensible deter mination that thin tort of thing would never pay expenses, and 60 he, too, has walked otf with his papers. And yet Another very remarkable late libel suit against the Hkuaij) proprietor, initiated and now under a reconsideration, deserves* a passing notice. We allude to the case of Signor Wesley, the principal proprietor and stockjobber of the daily Timet. lie bad been a leading financier among the bulls <>f Wall street, but in the course of a few short week.*, from the pressure of the late searching collapse, he broke down under immense losses, and with drew from the field to repair damages. To thin end, his first movement was for a repara tion of the mischief inflicted upon his stock jobbing operations by the Hkrat.d; and his case reminds us of that of Signor Fry, who, failing in his operatic experiments, charged all his damages to the account of this office. The modesty of this proceeding on the part of Signor Wesley, makes it a case worthy an embalming; but even he, since the election of Mr. Tiemann, and the consequent dawning of a little mlllenium, appears to be coming round. Well, the world wags on, and he that will may grow wiser from experience. THE LATEST NEWS. Interesting from Wnnhlngton. HOW THE RESULT Ok' THE NEW YOKE KLKCTIO* B REGARDED ? PREPARATIONS FOR AN INTEREST IN (J KlOllT IN llOTU KM or ONMMM mrof AJi'T ESTIMATBH OK UMMMVVM BY THK SECRE TARY Or THK TRKASLKY- TUK NEW ?CT?MI COrRT JUDGE, ETC. Washington, Dec. 2, 1857. The defeat of the democratic party In your city U the source of general regret here among the friends of the ad minlstraUon. You may anticipate some changes among your officials. A targe number of members of Congress arrived this evening. Messrs. Corning, Searing, Russell and Haakin, from Now York, Lave arrived and are stopping at Wil lard's. There is a determination on the part of several demo cratic Senators to refuse to go into caucus unless all the officers of the Senate are ballotted for. They will urgo a change throughout as well as in tho office of Sonato printer. Thore is a rumor afloat that there will be an effort made to intrude the Kansas imbroglio in the organization of tho House. The republicans arc endeavoring to get Mr. Hickman, of Pennsylvania, to become a candidate for Speaker. He is a democrat, ami while he may differ with the administration on some points in relation to Kansas, he intends to sustain the President in the main. Judge Douglas arrived here thin evening. His friends here indignantly deny that he will take ground against the administration on the Kansas question. His enemies sccretly rejoice in the prospect at the injury it will do him. The President will send into the Senate the name of Nathaniel Clifford, of Maine, formerly United States At torney General , for the vacancy on the Supreme Court bench. Samuel Ingham, of Connecticut, has been appointed Commissioner of Customs in the Treasury Department, vice Governor Anderson resigned. There is no truth in the report that Lord Napier and Count Sariigcs have addressed a joint nolo of remon strance to General Cass in regard to General Walker and the filibusters. No such note has been receiv ed by the Sccrctary of ?tatc. I send you in advance the following important statement from tho Treasury Department:? Tjuustry DKPAimnxT, Nov. 23, 1867. Sir ? Agreeably to tho joint resolution of Congress of tho 7th January, 1840, 1 have the houor to transmit for the information of the House of Representatives printed esti mates of the appropriations proposed to be made for the fiscal year euiiing June 30, 1B&9, vis:? CIVIL LIST. Foreign intercourse and miscellaneous, including the e>i>en*es of collecting the revenue from sains of public lands, public buildings and espenses of courts $9,090,603 92 T<> supply deficiencies in Uie revenue of the General Pot t Oil! jr.. 3.664,900 00 Pensions. : i .,mi i?i Indian Dupurliucut 1,437,104 49 Army proper, *<?., including miscellaneous objects 14,076.619 49 Military Academy 132,904 00 KorllUiationfe, ordnance, he 3,4*6,113 00 Naval rsttmntrs 13.t?80,44< 23 Steam mail service 936, H60 00 Total $60,312,943 13 To the estimates are added statements showing, first ? Appropriations (or the fiscal year ending June 30, IMS, made by former acts of Congress, of a specific and definite character, as follows ? Miscellaneous, including expenses of collecting revenue from Customs $4,809,910 14 Ccmpetuvaliou to (ienersl Post Office for mail service. 700,000 Armiafand e<|uipftig militia 'Ami, 000 Clrtltratinu of Truli&U!-... 10,000 Intel est on public debt... 1,446,314 36 Tnial $7,106,214 40 HeconU ? Kx i- ling appropriations not required for tho service oT tho present fUcal year, and which may Ha up piled to the fervireof the jrar < ti ling June 30, 14&9, a* follows:? crrn. mot. Foreign intercourse ncl tuui< eliautotir. ... S7.360,)il0 4M Interior l*-|mrtmrut ? Icti-ion. and Indian. 1,341 .570 94 War I^-psrtinent.. 3,ftW,wjo W8 Navy Department 4..V4.479 03 Total ia,6M,&M 3* Grand total $74,OA4,7b6 #7 There is also a ?iatemeiil or the several appropriations which ma) he carr.ed to the suppti<M fuud, amounting to ????., oai aft. I am, very respectfully, your obedient servant, lloWKl.l, COBB, Secretary of the Treasury. 1V? thk f iHAk** or ibb Hoik* or tUnuHnriTii'm Pevnty-one patent* were issued from the Pet*M o(Bco I aft week, producing a revenue of $i,13o. In Naval Court No 1 nothing was done this morning, la resequence of the a burner of Commander Johnson and Mr tieorge A. Steven*. In Court No. 8, in the eaae of IJeut. J. A. Doyle, Ijrut Pogrcw and Commander French were exauitsed in behalf of the government. In Court No. 3, in the cape of Ei Capt. Levy, Uepo?iUous wero read. thk okwul M*w.?r*rir* r>w?r*m. Wajihsoto*, Dec. 3, 1*A7. Tlirre la no doubt that the administration will adopt measures with a view of securing the Inhabitant* of Kansas a fair opportunity of eipreasing their opinions at the mauls* election on the subject of alavery in the form proposed by th? < oustitutioual coavrntion. Acting tiov ernor stamen i* entrustod with the duty of carrying out the instructions. Hie oxo utlve document* will contain full particulars of the proceedings of the Mormon* , and show conclusively the falsity of Hrlgham Young's charge that our govern meat has acted in the absence of official information. Ex-President Pierre si Norfolk. Norfolk, I?ec. 2, 1H57. Fx President 1'ierce visited the Navy Yard and ships of war to day. He wu entertained by the officers on ln.isrd the Pennsylvania. and received a national salnte. A grand serenade was given him last night. On Friday ho l.a a public reception at the nty Hall Mr*. Herce hi improving in health. The weather is charming. Dsmsgr to the Hugsr Crop of f. mil latin. Nkw Out iuvs, Dec J, 1MT. The Tmr Prtla has reliable informalion that tlir damage U> the sugar cane hilMMe is much greater than was anticipated Home planutious will not yield one third of an average crop Condition of the Prorttlrnce Banks. raovirmvcK, DM. 3, 1 W. Tlie following are the footings of our woekly bank state ment ? firm kM Mm ?1.7*4.70* I lepnsit* 'i . I h I M-> U.ms 14,3?,?M Uprcle 409,493 Writ titer and llsvlgaUsn. Hrrrau*, Dec 8, 1M7. Fight propellers snd several sailing vesaela arrived hare this evening. The fcrle canal is open her# Wind smith. fiawiKKi, Dec. 3, IV, 7 A number ol ve=Mls arrived horn to dty from the Wel laud canal. Weather mild. lVevrs from New Wriles, I?r*s, Dec. 3, 1W7. The Panta Fe mail has arrived here. The news by it Is unimportant. I.ieut Wi ipl.t, of Hew York, died suddenly at Albit qn?rqne <m U?e vwh vf Urto^er. Important from Y urn tan. BOMBAKPMENT AND CAPTLKh OK HlhAL BY TilK IlKTO LUTIONIBM. Nkw Ohijcaum, Dec. 2, 18M. The Mexican schooner Kdwardu, arrived at Uiis port, spoke ou the 26lli ull. the Cain peachy armed nchuoaer Coriniia, thus obtain i! ik three weeks later rows frooa Yucatan. Sisal had been bombarded and captured bf the revolutionists. Campeachy Btill held out, but WW holly besieged by the government truopb under Copoda. A heavy cannonading was heard from the town and be siegers the whole day of the 18th, and until midnight The Cue of Tuckcrmao, the Mall Hobbrr. ^ Nkw Havkt, IMc. 2. 186T. Tlie time for the examination of Tuckerman has not j* t been fixed, and it will not, probably, take placo before next week. Mr. Bolles, Tuckerman 's couasol , was her* yesterday, and returned home last evening. Mr. Sandlgt, 91. C. Washington, Dec. 2, 186T. Hon. Mr. Davidson, of Louisiana, says that the report at tho loss of Mr. Sandige, M. C. , of I?ouiBiuia, in the Ope* lousas, in untnio, as he had gone to North Alabama. Steam Boiler Explosion and Loss of Ufk. Sr. Ijtms, Dec. 2, 1867. On the morning of the 20th ult. the Rtentn boiler in Um saw mill of Krasmns 1'erry , at Weston, Missouri, exploded, killing Mr. l'orry, two negroes and fatally scalding three othen. Trial of the Owners or a Steamer for Km> slauarbter. Boston, Dec. 2, 1867. The case of the owners of the steamer Meuemon Sand ford, on trial for manslaughter, for the death of Aliea Fraser, lor neglecting to stop the boat when he fell over board, was given to the jury this afternoon. The verdict will be rendered to-morrow morning. Departure of the Niagara. Boston, Dec. 9, 1S67. The royal moil steamship Niagara hailed to-day at aoun, with forty (Htssengers for Liverpool, five for Halifax, and $711,500 in specie. Markets. rnri.ADBi.rni a stock board. hiiunwjnn*, Dec. 2, 1867. Stocks steady. Pennsylvauia .Vg, 84??; lleadiug Kail road, 27 \ ; Morris Canal, 38; Ixwig Island Railroad, 10%; Pennsylvania llailroad , 39,H Nkw Orleans, Dec 2, 1867. Cotton? quotations nominal. The salon to day foot up 3.500 bales, all before the publication of the America's news. Flour active. Sugar steady. Red wheat, $1 10. Mess pork. $18 26. Coffee firm; holders demand an ad vance. Exchange on New York, 3 a 3>i per cont prom. BCTFALO. Dec. 2, 186T. Flour in moderate demand; sales 700 bbls. at S3 02 for No. 2 superfine, $4 76 a ift 26 for good superfine to extra Ohio and Michigan. Wheat lower; sales 10,000 bushels at 76c. a 78c. tor Chicago spring, and something less than $1 16 for choice Canada spring, (torn firm at 76c. Oatit dull and lower; sales 0,000 bushels at 34c. Whiskey steady; sales 100 bbls. at 20c. per callon. Lake import* to-day ? 5,000 bbls. Hour, 50,000 bushels wheat. Oswhuo, Dec. 2, 1867. Mour unchanged. Wheat lower; sales 3,800 busbeU Chicago spring on private Utdw. Corn dull aud uomiual. Freights. ? Flour 42c. to Albany and Troy, by cars. Lake imports to-day ? 31,000 bushels wheat. 8,600 bushel* barley. Canal exports? 16,000 bushels barley. Cuicauo, Dec. 2 ? 0 P. M. Flour very dull. Wheat quiet at 64c. Corn quiet. Oats dull, .-ales of 1.000 bbls. flour; 16,600 bushel* wheat, 1,600 bushels com. Ths Optra at ths Academy ? 8?cond Niuut or "Bo rkrt is Diakx." ? There was another full house at the Academy last night, for the second performance of "Ro bert le liable." All the artieta were in splendid condition and the opera was given even better than on Monday. Formes has almost entirely recovered from the inflamma tion of the throat, from which ho suffered so severely ou the first night, and his splendid performance of Bertram. ' was received with the greatest enthusiasm. It Is ac knowledged on all hands that he has not only the Aunt voice, but is the best bass cinger and actor that has yet. visited us. We are glad to bear that he will sing duruijc tho coming month in two grand oratorios, "Tlie Creation" and "The Messiah.'1 The third performance of "Robert, le Diabie" will lake place to morrow eveaing. The rnajia ger, Mr I'llnun, announces that he has but six opera nights more te give to fulfil tho conditions of his lease thirty four having been given already. "Robert le Dia blo" will bo given for two nights more; and be succeeded by "Martha," "la Traviata," and "L' Italians in Algeri." We believe that the present company is good enough to admit of an extension of the season to a hundred nights, with profit to the manager and pleasure to the public. Bi u?wrr roK ths Wksn Jcvsnils Comkdlami.? Thus evening the benefit for the Wren family, left in so much distress by the failure of Mr. W J. Nagle's late dramatic speculation, comcs off at Mr. Wood's old Minstrelsy IUU, 444 Broadway, which has been kindly lent to them by that gentleman for the occasion. It is to be hoped thatth? benevolent feelings of our New York playgoer* will in duce them to patronise an entertainment which ts not only remarkable for Its mrrits, but which has for its object u> relieve a talented family from difficult** over which they could possibly exercise no control. Mr. Wood's liberality, if followed up by a fair share of support this evening, will tnable Mrs. Wren and her children to regain their home. Specie 1. 1st of the Steamship Kangaroo from Liverpool. W H. Newman k Ho. ...... ?6.0*? J. L F. I'hipw ft Co 1,18'J I. F~ Amsinch, Ksq 1,00?? J. A. k F. A. Patcrsnn 400 T. T. Merrion 16<? Total t?,71i Army Intelligence ( Order* have been Issued from the headquarter* of tbn army fur 170 troops tii fait for California <>u tbn 5th, under rommand of Lieutenant* John Driadale and i-aureute Kipp, Third artillery, State* army. Thry are to anpply the place of thooe now In California, who are order**! ti? I'Ub. MmIIiik at thf Acidrniy nflieflfliMi ? AtUmpt to Karlndc tkr Pr??? DcfratrtL A very largely attended monthly meeting of the Acade my ot Medicine waa held tact night at the New York Uni versity. A paper on the nature of fluid extracts was read by IT. Rotton. Amine other btielne**, a resolution wa* introduced by Dr. Adam*. excluding all reporter* of tfca dally prcsa from the meeting* af the Academy, on the ? ground that the medical louruals were the only proper media Oiroug h which to communicate with the profea ?ion. and that one of the morning i?pers had com men tod ot> their prooeeding* In a manner not very complimentary to the medical fraternity. A ?ptriu?d diacuaaion waa had on the reioiuUoti. during which aome hard hit* wore made IT. Kordyce Itarker oppoeed the resolution , and [>r AilamK charge*] him with having, on noma p- us cooaaKW, la rttrd a reporter to attend and repor W! .1 1 (IT ?rker> , said at one ofthe meeting*. IV. Hart r denied the charge, and It Adam*. in attempting to reply, wa a silenced by bisa. Ttie resolution, on l>r. Darker a motion, waa laid on the table indefinitely , and the regular husineaa waa pro ceeded with, IT. Clark owning a diacuaaion on puerperal fever. In tne course of the foregoing debate on Or Adams' reiHiliition, IT. tlriacom took ?* canton to make ait uncalled for and offensive allusion to the reporter*, a body win), Wi pre? ime, never did the speaker any harm-^x cept perhai* hy repoumg him correctly ? but for lh-? honor of the Academy , it mui?t l*> said that his remark < were not received with much favor by the learned an t dlgnilied body of gentlemen present. Marine tonrt. lb fore lion .lodge Thorn peon. HAMA0K8 AO A I NUT AN OMNIBt'H COM I' A NY FOR C ARK* LgnnNicaaor their drivkk. llir i ? Ob rriftif. J. Tha*p r t tin>l nthm ? ( Hie defendants are proprietor* of a line of omnlbnsea mo ning through Bn adway . Kighth street and Suih avenue. (>n the evening of the lutli of April last, the plaintiff, % widow lady, accompamcd by her brother lit law, *m roltig down" the Sixth avenue In a light one horac wagon, the wheels of which were In the west track of the rail road, and when near Kiaeenth street, they saw one oi th? defendants' omnibuses coming upon the same track Tha driver of the wagon attempted to get out of the track, hrt waa unable to do so. The omnibus driver made no at tempt to vwv his course, hut ran directly Into the wagon, when the plaintiff wa* precipitated over the dash board u> the pavement, cutting a large ifasb over her eye, and otherwise seriously Injuring her J/erauu, In consequence oT which she waa laid up and confined to her lied for four oi five weeks, constantly attended by a physician. T1f? driver and another person in the wagon wer? also b.idly ?n, lured l"|s?n these facts, the court found that thn driver of Uie omnibus was guilty of groin carelesanem ir, drlv ing on the left side of Uie avcnii" on so dark a night and gave a Judgment for the plaintiff for fci&o ,.nd costs. Important Snlfs on Rnalneaa Panrr Immems llamngra llroiiindid, [From the Cincinnati l.azelte, Nov. 30.1 On Saturday eight snits ware commenced in the lnite.1 states Circuit Court by .lame* U?e A Co , of New York, agalmd several banking ' ' -t t'?- n whirh the parties claim damages, In the aggregate. to tho amount of $3V7 ,nno Ti itts ar . follows lams* l?a i x-. Athens Branch ef the Plate of f?%nk Ohio, twelr ? ? endorsemei.t, ilamages >'.o cssi ^me chilli rolke F-raach. fourteen lulls, damage lloo, not). Same v Hnnk of Marietta, twenty one hill*. damages llim.iui Same v* Mad Kiver Valley Bank, thirteen bills, damage* tno nnn Name \ j Roes County Bank at Chilli, otne, four hills, damage* ?:mv*io same v? itnnk of Xenta. atx damages Same v I ynn Hank at liana tine hill, damages. tfl.tXK). Satrte v*. logan Branch of .State Bank , tlireu bills, dam iges $1*000 The defendants In these suite are endorser* on papet dkwnunt'-'l bf tbem slid forwarded to K I.udlow. cashier of the tibio Trust Company in New York, and by hfen passed U* other |*?rtie? W e understand the delendanta will re 'Hi the ground that tbc notes were acnk to Mr I.udlow foe rollis luwi only and not fiw neg,matsm, n i th" IIk y n >' iih leiqrs Itaftte ag etnlorsert.