The Northern Daily Times.
Liverpool, Merseyside, England, 1856-08-29 00:00:00

AMERICA.

ARRIVAL OF THE ATLANTIC

The United States mail steam-ship Atlantic,
Captain 0. Eldridge, which sailed from New York
on the 16th instant, has arrived, bringing the usual
semi-weekly mails, 38 passengers, and about

190,000 dollars specie on freights.
The steamship Broussein, from Hamburgh, had
arrived at New York, after a short voyage of less
than fourteen days.
There was an active demand for money at New
York, and loans on call were less easily obtained,
while the offering at most of the banks were much
beyond their income, so that the demand at the
note brokers was increasing at 8 to 10 per cent.,
chiefly 9 to 10 per cent. for prime paper. The
Stock Market was less buoyant, but the demand
was not only active, but in some instances strong.
Foreign Exchange was heavy, at 109 to 1094 for
commercial bills, on London, and 1091 to 109 for
bankers' paper. A better feeling had pervaded the
Cotton Market, but prices remained stationary.
Alluding to the harvest in this country, one of
the leading New York papers publishes the follow-
ing in its city article of the 16th inst. :
There is much anxiety felt here among grain and flour
dealers, in regard to the probable demand for breadstuffs
from France. Last year, when it was known that purchases
were naakine• here on French account, our market rapidly
improved until trade was deranged, and persons in the lute_
rior who were placing great reliance upon the upward
movement, met with severe losses. We should regret any
similar course of prices this year, for it could only lead to a
worse disappointment, with a still more disastrous result.
But there can be no question but France will want largely
of our breadstuff's. Iler own crop is again deficient, while
he supply from the Black Sea cannot be made available to
any great extent, and Spain can furnish but little. Already
there are clearances hence for Lisbon, the old crop being
exhausted, and the ne'y unpromising. This French demand
however, should be looked at calmly ; it is no reason why
prices should advance. Our harvest is so large that but for
some such outlet, wheat and flour must have gone down
below a remunerating price. As it is, we lok for yet lower
rates, but the export trade will prevent the bottom of the
market from falling out. We still think the early sales
will be the best.
With regard to the Dry Goods trade, we are in-
formed that the demand for most descriptions of
imported manufactures had been less active than
was reported by the Arabia, but prices had con-
tinued unaltered.
In the papers before us there is a variety of
interesting intelligence, of which we collate the
following summary :
It was reported in official circles at Washington
that Secretary Dobbin is to supersede Mr. Mason
as minister at Paris, and Colonel Orr to be Secre-
tary of the Navy. If this purpose be adhered to,
the change may not happen till after the adjourn-
ment of Congress. The most interesting portion
of the transactions in Congress was that rela-
tive to Kansas. The discussion on Mr. Pen-
nington's amendment to the Judicary, Legis-
lation, and Executive Appropriation Bill was
brief, spirited, and effective. Its purpose is
to compel the President to abandon the prosecu
tictil' of the State men in Kansas for treason. Mr.
Campbell stated significantly that he knew confi-
dentially that the prosecutions were not to be
pressed. Many republicans insisted on further
particulars. The other side of the House speedily
exposed their own knowledge with Campbell's
intimation. Orr and others proceeded to admit
that it had been doubtful whether their prosecu-
tions for treason ought to be pressed. The New
York Times adds :—" The truth is, the administra-
tion has backed down, and has decided in cabinet
to order a discontinuance of the Kansas prosecu-
tions. The story that the Kansas judges have
been removed is certainly erroneous." In the
Senate a joint resolution had been passed, accept-
ng a portrait of John Hampden, presented by Mr.
John M`Gregor, Secretary of the Board of Trade.
They had also passed a bill, settling the salary of
a member of Congress at 3,000 dols. per annum.
The -.following despatch, dated New Orleans,
Aug. 14, gives an account of a terrible storm which
swept over the Southern States, causing dreadful
inundations, great loss of property, sweeping away
buildings, injuring several ships of large burden,
and sacrificing no less than 137 lives.
A terrible storm occurred in this vicinity on Sunday,
which lamed all day, as 131 mo all day on Monday. Its effects
however were most disastrous at Last Island, a great summer
retreat, and which our accounts represent to have been
entirely inundated. Every building on the island is said to
have been swept away, and no less than one hundred and
thirty seven lives are reported to have been lost. The steamer
Star, Captain Smith, which left here on the 9th (Saturday),
with a large number of passengers, encountered the storm
before reaching Last Island, and became perfectly unmana-
geable: she soon after became a complete wreck. The
scene among the passengers was terrific, there being no less
than 250 persons clinging to the wrecked fragments of the
vessel, each anxiously waiting the arrival of some vessel to
take them off. Whether any of this company have been
lost is not yet known, though hopes are entertained that all
were saved, as a steamer is understood to have gone to their
relief. Caillon Island has also been submerged, but the
accounts from thence are very meagre. It is reported,
however, that an immense amount of property, and many
lives have been lost. The ships Bowditch and Ellerslie, as
also the brig Creole, which were lying near the mouth of
the river, have all been seriously damaged by the storm.
On the lake and river we also hear of numerous steamboats,
flatboats, and other craft being injured. Nearly all the
wharves at the watering places have been inundated, and
the buildings thereon, bath houses, &c, swept away. Alto-
gether, the loss of property must be very heavy, but it is
impossible, now, to calculate tha amount. The crops, it is
feared, have also suffered.severeiy.
It is stated, upon satisfactory evidence, that the
ultimate object of Walker's expedidition to Nica-
ragua is not so much to conquer that country as to
obtain a foothold for a renewed invasion of Cuba.
The projects of invading Cuba are only suspended,
not laid aside—the Walker expedition is designed
to prepare the way for its renewal, and it is said
.that, if Buchanan is elected, his administration
is pledged to aid actively and vigorously in its
accomplishment. The plan is to avoid the ap-
pearance of direct invasion from the United States
—as this would subject us to complaints and
probable hostility from England and France as well
as Spain. But Walker's rule is to be recognized
and consolidated in Nicaragua. When this is
effected, Nicaragua will be made the head-quarters
of the Cuban invaders. They will then have
ground where they, can organize their forces
outside the jurisdiction of the United States :
and our government will thus be able en-
tirely to evade the responsibility of the move-
ment. But if England or France should their
interfere—it " will then be for the American
Government to consider," in the words of the
Ostend Manifesto, " whether the possession of
Cuba is a national necessity :" —and whether their
" preponderance" and " supremacy" in the affairs
of Central Ainericd do not require them to resist
such interference, by force of arms.
The New York papers publish a curious 'docu-
ment from Nicaraaua. It is a circular addressed
by seven of Walker's soldiers, now prisoners in
Costa Rica, to their countrymen in the United
State, denouncing Walker in the severest terms,
' and warning Americans not to enlist under his
standard. They have resorted to this means of
making their appeal, because, as they allege, no
Statements from Nicaragua are allowed to reach the
United States, except such as meet the approval of
Walker himself. Their charges against the General
'are certainly somewhat formidable. They review
his whole history—going back to the date of his
„first invasion of Lower California, and endeavour-
ing to convict him, at every stage of his pro-
gress, of utter incapacity and dishonesty. They
give a novel and very curious account of the
reasons of his coming to Nicaragua,--:-.saying that
it all arose from the schemes of one Byrum Cole,
an American, who, on his 'return from California,
found himself in Nicaragua without the means of
getting home, and who originated the scheme of
getting Walker to join one of the political parties
of that country, as much for a frolic as anything
else. They assert that Walkers' position is becom-
ing desperate—that multitudes of the Americans
who have been induced to join him have perished
from disease—that he is in no condition to fulfil
any of his engagements, or to keep any of his
promises—and that those who may join him now
will be sure to be disappointed and ruined. The
circumstances under which the letter is written
expose it to the suspicion of having been prompted
or largely influenced by the ,Costa Rican authori
ties, whose prisoners the signers of it now are. It