Northern Times.
Liverpool, Merseyside, England, 1859-06-06 00:00:00

upon the country by the legacies of former Administra-
tions."

Americans, therefore, have no occasion to grieve over a
European war. Their distant position, their absence of
all political entanglements with European Powers, and
their having no political object whatever of their
own involved in, or at all likely to be affected by
it; while, on the other hand, its influences must so
obviously increase their trade; very naturally make
it a matter of advantage, and consequently of anything but
regret.--" Well "—is it observed by one of the New York
journals, after enumerating the anticipated commercial
benefits it is sure to produce —" with such results as these
before us, it is no wonder that our commercial and agri-
cultural population should take the greatest interest in a
general European war. One year of it—and there can
hardly be less—will put millions in our pockets, go far to
release the General Government from its liabilities, stimulate
immigration, and put all the leading interests of the
country squarely in European ledgers, withont counting
our mineral wealth, which we have hitherto been obliged
to send abroad to pay the debts which our crops were
insufficient to satisfy. We shall have, also, a great deal
of European capital seeking an investment in our
securities." This were certainly no slight amount of
national advantage to be derived from a war at so great a
distance, and in the immediate issues of which they have
no interest. But this is not all. " For," it is added, "should
the war be prolonged, our shipping merchants will find
ready employment and high prices for all their vessels, so
that ship-building will receive a part of the gain. The
immediate effect, however, will be in the rise of provisions,
breadstuffs and all sorts of arms and munitions of war."
And the caution is therefore not unreasonably appended,—
" we must be prepared for wild speculation and flush times
—perhaps another crisis, as the consequence of over expan-
sion ; but it is to be hoped that our merchants wilt have
learned how to make use of their good fortune without
abusing it." I would fain hope so too. But judging from
the past, and remembering that a similar spirit, and a
similar system, still prevail, I am not without my. inis-

givings,

A Slavery Convention has been held in the State of
Mississippi. They called it a Conaiwcia/ Convention;
which is, perhaps, all right enough, since it is altogether
a matter of commerce —that is, of dollars. The Convention
lasted four days, which were devoted to a discussion of the
question of the %lave trade, and the expediency of its revival,
and the result was the adoption of a resolution that the
laws prohibiting the (African) slave trade ought to be
abolished. These laws, of course, are laws of the United
States, and can never, it is believed, be repealed under the
present Federal Union. " Such a resolution, however," says
the New York Herald, "is not so bad, after all. Con-
sidering the late experiments in Georgia and Florida in the
importation of negroes fresh from Africa, in defiance of the
laws, and considering the various hindrances, from Charles-
ton and Mobile, which have prevented the recapture of the
slaves imported, and the punishment of the commercial'
parties concerned, we were prepared for a resolution from
this Convention flatly declaring the laws of Congress sup-
pressing the African slave trade unconstitutional, null and
void, and recommending the Southern people to proceed,
accordingly, to this profitable business of importing negroes
from Africa, in the same way as if all restraining laws upon
the subject had been already repealed." The same
authority, however, assigns more a political than a com-
mercial object to the proceeding. "The object," it
declares, "is political agitation. The fire-eaters and ultra
pro-slavery politicians of the South, like the anti-slavery
agitators of the North, are ' hard up' for political capital.
The settlement of the Kansas question has thrown these
slavery agitators, North and South, upon their beam ends."
The city of New York is becoming very prosperous
again, very animated—very gay, therefore, and, as usual,
somewhat dissipated. There is, however, or has been, one
exception. The European war has already cleared off
much that was rotten in Wall-street. " Down went the
London and other exchanges, smashed were half-a-dozen
English stock brokers, cerulean was the aspect of Wall-
street, bitter were the scratches of the bears, and loud the
roars of the bulls—some of whom were laid by the heels,
and all severely wrenched by the horns." Such is the
technical account of the effect produced in that particular
quarter. "But," it is joyously proclaimed, "the sorrows
of 'Wall-street are not of much consequence. It is no
great matter whether one or twenty stock gamblers break.
They are quite used to it ; and the public, which bears
other people's misfortunes remarkably well, don't mind it a
bit. Speculation in the products of the soil, in all that we
buy from or sell to Europe, is rife. Those who have
planted the corn and the wheat shall reap the harvest.
We shall get more money for what we, send abroad
khan hpf.rp. ..a 1.43, er„„a,,
such are the hopes of New York—such the found-
ations on which they rest. On these hopes, and
such as these, is the city speculating for an extra-
ordinary spell of prosperity, with all its
and means tg.l2nt.i.nos en y are all about us. The tide of
";1- --- '- •
Southern travel has begun to flow in upon the metro-
polis. The great hotels are filling up; the Opera and the
theatres are all flourishing." The money is to be made—
of that they are quite confident. Dollars, they have no
doubt whatever, will soon become plentiful again, "as the
leaves in Valombrosa."; And, like those leaves, must they
be scattered about. "The war in Europe," and the thought
is inspiriting, "will help us in many ways. Among other
things it will exile from Germany, Italy and France many
of the best operatic artists, who will come to us and give us
a brilliant ensemble for the next season, when
we expect to have plenty of money wherewith to
pay them. Piccolomini, who is the leading Euro-
pean star now with us, has the field to herself, she
purposes going back to Europe very soon, but it is not
improbable that she may return in season for the great
revival, which will be in its full swing next autumn—a
revival of business, a revival of financial affairs, a revival
of the markets, a revival of the Opera, a revival of the
fashionable world, and who knows but another revival of
religion." Thus the world wags in the great republic.
Vice la bagatelle !
The ex-rebel convict, Mr. Smith O'Brien, has got back
to New York, on his return home. He is to embark in the
next steamer for Ireland. He has made a pretty extensive
tour of the States and Canada, and is said to have been
very observant of the working of the political institutions
3f the republic. It is intended by a large body of the Irish
n New York to go with him as far as Sandy Hook, in a
lotilla of small steamers, with music and banners, and there
live him a farewell cheer.

LADlES.—Thompson Brothers, 5, Elliot-street, sell the
best four shilling tea in England.
d
No SHIP SHOULD no TO SEA without one of Saunders
and Co.'s Patent Selt-cleansing Charcoal Filters, cased and
fitted-up expressly for use on board ship. Note the address,
SAUNDERS & CO., 16, Parker-street, Liverpool.
HOUSEKEEPERS.—The coffee sold by Thompson
Brothers, 5, Elliot-street, at is. 4d., is better than you
pay ls. Bd. for at any other establishment.
To SHIPPERS AND EXPORTERS.—A most profitable
article of export, to warm climates especially, are the Self-
cleansing Charcoal Filters, patented by Messrs. Saunders
and Co., of 16, Parker-street, Liverpool—in fact they are
invaluable wherever there is bar', water. S. and Co. allow
a liberal discount on export and wholesale orders.
It is a' well known maxim that "time is money"—the
terms are relative; so to save one is to save the other. We
save both time, and economise patience, and present good
tempers, when we have a good PEN—a bad one upsets pati-
ence and temper. Preserve all, then, by purchasing your
steel pens and other stationery, at E. T. Hall's whole-
sale steel pen warehouse. 23, outh John-street. John
Gillott's, Thomas Lowe's, G. W. Hughes, and other makt-f's
dens at is per gross. Good Pen Holders 2d per dozen. d
HOLLOWAY'S OINTMENT AND PlLT_:.—Paralysis, deep-
seated rheumatism, and stiff aad contracted joints, may
always be cured by these medicines, though not in a single
day. The patient must have perseverance and determina-
tion, and then, with these powerful medicines, he cannot
fail to conquer his disease. The ointment should be brisklyk
rubbed into the parts affected, after they have been fomente4
with lukewarm water. The pills, by their action on the
blood and the humours of the body, are an admirable auxili-
ary to the ointment, and improve and invigorate the
whole system. Directions for the use of these medicines
accompany each pot and box.
EXTRAORDINARY AND USEFUL INVENTION.—There is
nothing that housewives complain of with greater truthful-
ness, than the breaking of some favourite piece of glass,
valuable china, or earthenware. In hundreds of cases such
things cannot be matched, .and of course cannot be mended.
The latter want has been obviated by an extraordinary and
effective invention, by Mr. Adshead, of Derby Pottery, near
Derby. It is a cement that may be said to heal in a per-
fect manner, all cracks and breaks in the articlesspoken of ,
and not only in these, but in marble, alabaster, &c. The
benefit of this article need not be dwelt on. We have seen
some of its effects at Mr. Hall's, our neighbour's, and the
glass that has been cemented by it is stronger in that part
than in any other. The article is very cheap, and no house
can be long without it. Mr. Hall is the agent for its sale
in Liverpool, and all interested can judge for themselyes by
looking in at his establishment. Agent for Liverpool, E.
T. Hall, 23, South John-street. Sold in bottles, is each,
or sent free on receipt of sixteen postage stamps. N.B.
None are genuine, except bearing the signature. "
Hall."