The Sun.
London, England, 1848-06-27 00:00:00

were taken at the reduction without producing anyz sen-
sible amelioration. The principal purchases were for
the United States and north of Europe. In April,
123,075 bags were exported; being an access over the
corresponding month of 1847 of 27,902 bags. Sales at
the end of April were efiected to the amount of 30,000
bags, which caused the market to again become flat.
Prices quoted at, for washed, 30s. 3d. per cwt.; superior,
255.; first good, 235. sd.
The steamer Gipsey, Captain Lock, from London,
last from Falmouth, fur Bahia, left this port on Monda)
last, and on the 23d instant, when about 80 miles W. by
S. of Scilly, sprung a leak. The ship was put about to
make for the first port ; at three, P.m., fell in with a
pilot boot, which took off the master and people. At
seven, P.M., she went down. The Pilot cutter came in
here this afternoon.

The Lords of the Treasury have granted permission,
on application, that the war-bound ships detained in ti,
Channel might tranship their cargoes into British bot
toms for conveyance to Hamburgh and other ports in the
North Sea.

AMERICAN AFFAIRS.
NEW YORK, MAY 30.—1 am aware that your column-
are constantly overloaded with important political events
which are almost hourly transpiring in Europe, and
consequently that the interest in "American affairs"
must be somewhat diminished; but I still feel it proper
to present you with the great movements that aro now
policy of this
trekirintg in the
llteriorUnit
object ead
tSottaatles—charnngoveeomfethit that have for
es
country.
During the past week great excitement has prevailed
throughout the United States. The Democratic Con
vention, held in Baltimore for the purpose of nominating
candidates for the offices of President and Vice-Presi-
dent, have, after great contention and a furious struggle,
terminated their labours by nominating as their candi-
dates General Lewis Cass for President and General
Butler for Vice-President.
These nominations are far from being satisfactory to
any party or faction. The " Barnburning" section of
the Locotocos have protested against the proceedings 01
the Convention, and withdrawn from it. The Conven
tion, however, had previously adopted a resolution
which substantially recognized the attending delegates
of the " Old Hunkers" as the legal and proper delegates
of the Locofoco party.
If the Whig party could be united, there is not the
shadow of a doubt they would succeed in electing their
President, which success would assuredly change the
political aspect as well as the policy of the United States.
But this union cannot, will not be effected. The great
contest at present is between the friends and supporters
of Mr. Clay and those of General Taylor, or rather,
between the Whig party and the No-party. The latter
consist generally of men who are attached to No-party,
and who cry aloud for new men and a new distribution
of the spoils of office; thus sacrificing venerable, gallant,
and patriotic Whigs, who have long borne the heat and
burden of the battle; while the No-party men—a class
of politicians the same in every country—sought retire-
ment to avoid responsibility.
The Whig Convention of Delegates meet on the ith
of June to nominate their candidates for the same offices.
The most unjustifiable efforts have been resorted to
by the advocates of General Taylor to secure his nomi-
nation, and I regret to add, with strong prospect of suc-
cess. This Convention is not less distracted than was
that which nominated General Cass. It is, however,
impossible to speak with any degree of certainty as to
the final result of their action.

The " Barnburners" have called a new Convention, to
make a nomination in opposition to General Cass.
Should this be done it will darken the prospects of the
General, and, consequently strengthen those of the
Whig party candidate, whoever he may be. Many of
those friendly to Mr. Clay will vote for him, even if he
fail to be nominated by the Convention.
General Scott has been received by the citizens of
New York with appropriate marks of distinction. He
has received orders to proceed immediately to Washing-
ton; in pursuance of which he has started on his journey.
His friends evince a fixed determination to press his no-
mination in the Whig Convention as a candidate for the
office of President of the United States. How changed
in a few years is the American people! It was, as it were
but yesterday when a "standing army in rime of peace"
was repudiated as a blot upon the escutcheon of this Re-
public. Now we aro inundated with military heroes of
every grade and calibre, seeking or demanding appoint-
ments to every office in the country, from the Presi-
dency down to the doorkeeper of a department. But
the most alarming fact is, that the people view with ap-
parent apathy this systematic movement towards the
establishment of a military Government.
Among the Generals who evince an anxiety to serve
the nation as its Presidents, may be enumerated Gene-
ral Pillow, General Worth, General Butler, General
Quitman, General Taylor, General Shields, General
Scott, General Cadwaller, &c. But I pause, lest I
occupy more of your paper than you may be willing to
assign me.

Since the date of my last letter I have made diligent
inquiry as to the prospects of the grain crop, and I have
pleasure in renewing the assurance heretofore made, that
everything indicates, not only an abundant but an over-
flowing crop.

A lettcr from St. Louis of a late date, says, " By an
arrival at this city from Salt Lake we learn the Indians
have made an attack upon the Mormons and murdered
a number of their men, women, and children. An express
was dispatched for assistance. No cause is assigned for
the outrage.

The Vice President laid before the Senate, yesterday
a communicatio❑ from General Cass, resigning his seat
as a senator for the State of Michigan.
On the same day the House of Representatives re-
ceived from the President a message respecting Indian
depredations in Oregon, and recommend,ng the prompt
assistance of the Government. It W:l3 referred to the
committee on military affairs.
—Tones. A GENEVESE TRAVELLER.