The Express.
London, England, 1848-02-14 00:00:00

UNITED STATES.-MEXICO,

The Cambria, Captain Harrison, arrived at Liver-
pool yesterday morning. She left New York on the
29th ult., and Halifax Ist inst. She brings 10,0001.
in specie.
The Acadia had arrived out at I lalifax the day be-
fore the Cambria arrived there.
The all-absorbing topics of conversation in New
York were the rumoured fact of Mr. Trist's having
concluded terms of peace with Mexico, and the recall
of General Scott. The rumours rt specting Mr. Trist,
which, indeed, were all but confirmed, were to the
effect that he had, notwithstanding his recall,
been in secret negotiation with the commissioners of
Mexico for a treaty of peace, and that they had ac-
tually come to an agreement upon the terms of such
treaty—subject, of course, to the ratification of both
governments. The terms, it is stated, are nearly
identical with those previously refused by the
Mexicans.
The fact of the recall of General Scott was officially
made known to the Senate by Mr. Cass on the 26th.
In answer to a question put by Mr. Crittenden, he
said, " General Scott is suspended from the command
of the army in Mexico, and the command now de-
volves upon the next officer in rank, who is General
Butler. General Scott, as I understand, will attend
the Court of Inquiry directed to be held at Perote,
for the purpose of investigating all the difficulties
which have arisen—as the Senate and the country
well know many difficulties have arisen—between the
higher officers. General Worth has been suspended
from his arrest."
The other proceedings of Congress were uninterest-
ing. The Ten Reghnents Bill was still under dis-
cussion, and no vote had been given on any important
question.
A curious financial error of nearly seven millions of
dollars had been discovered in the treasury depart-
ment. It had been occasioned by the omission of an
important item by one of the clerks in the bureaus of
the treasury, as stated in the annual report of the
secretary.
A meeting of the democratic members of the senate
and house bad decided that a democratic national
convention should take place at Baltimore in May,
for the purpose of proceeding to the nomination of
candidates for the presidency and vice-presidency.
There is not much intelligence of interest from the
scene of war. The dates from 'Mexico are to the end
of December. By last accounts from Queretaro,
under:date Ike. 20, the government was doing all in
its power to assemble the new congress. At that
date about 30 of the new deputies had already
arrived, and by the sth or 10th of January there
would not only be a quorum, but nearly if not the
whole of the congress present ; there would be no
opposition to the negotiation of a peace, except
among the deputies from the states of San Luis de
Potosi and Jalisco. The new president Herrera, is
known to be in favour of immediate negotiations.
The present government had succeeded in de-
stroying the old army, and organised a new
one, composed of the National Guard.
Despatches were received at Vera Cruz on the night
of the 31st of December, by a courier from Mr. Doyle,
the British charg(t d'affaires at Mexico. They were at
once despatched by the brig of war Daring. Though
nothing was known as to these despatches, the opinion
formed at Vera Cruz, from the fact that they were
forwarded by a vessel of war, instead of awaiting a
steamer, was, that they were of great consequence.
A small command had been despatched from the city
of Mexico for the mining district of Real del Monte,
on the road towards Tampico, for the purpose of col-
lecting the revenues from the mining companies.
Another had left for Toluca, the capital of the state of 1
Mexico. The trains going up from Vera Cruz. to
Mexico had again been attacked by guerillas, who
had captured 000 pack mules and 100,000 Lars'
worth of property. Ten Americana out of thirty who
had charge of the property had been killed or cap-
tured.
The English mail steamer Thames had arrived at
New Orleans, from Havana, on the 13th of January.
Accounts have been received of another terrible
steam-boat disaster. The steam-boat Yalabusha, Capt.
Scott, loaded with cotton on her trip from Red Ricer
to New Orleans, was burned to the water's edge, by
which terrible disaster thirty-five lives were lost.
MARKETS.
NEW YORK, JAN. 20.—COAL.—Sales of Liverpool hovel
Seco ma& at 8 doia 87i wnts. to 8 dol.. 50 cents. A cargo of New-i
cattle and 200 ton, Sidney have been disposed of on terms not made
public.
Caures.—ltio ranee has been in good &marl, sad 8,000 bags ban
beta sold at 60. to re.. principally at 61c.; 600 baps Java eta. be
g• e.; SO Maracaibo sc.; SW Sumatra, 6jc. to 7c.,
,four to sin monat Sle.ths;
7 !Air. d Moan on private terms, and 300 bags
e.t. Donnngo
to Ge. cash,
Corrwc.—We have had a dull market for the last three days, but
without any further change in prices. in the early part of the week
a slight reduction was sulanittt d to. Ihr tales of the week arnount
to 6,00 hales, viz.:—
F`me

rune. none. 1
Upland & for. Mobile & N. 0.
4,400 balm 1,640 butes.
Inferior ......... ... .., .............. none.
_none
OnUnary to ...... ordinary ......... 7to 7i
?diddling to good middling . •n toe
Middling fair to fair l3l, to 81 .... . Si tog
t ully fair to good fair
Fi oi ii.—The market remains in a very quiet ante, holder. only
selling as their necessities require. Shippers appear unwilling to
01115 after the Ist of Feruary, and the article u, of course, saleable
only for the city trade in a small w'a'it probably about 29,000 barn's,
houerer, told during the week, mo;s on Saturday and Monday, for