The Sun.
London, England, 1844-11-25 00:00:00

60 30
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AMERICAN NEWS.

ARRIVAL OF THE GREAT WESTERN.
DEFEAT OF CLAY, AND CERTAIN ELECTION
OF POLK TO THE PRESIDENTIAL CHAIR.
LIVERPOOL, SUNDAY.
The steam-ship Great Western arrived here yes-
terday at noon, bringing New York papers to the 9th
instant inclusive, being eight days later than the
last arrival. She made her voyage, after an excellent
run, in thirteen days and a half. She brings thirty-
one passengers, amongst whom is Mr. Laming, with
dispatches to Hanover, and Mr. Castelli, with dis-
patches also, for Sardinia.

The. most important feature by this arrival is the
defeat of Henry Clay, and the certain election of Mr.
Polk to the Presidential chair for the next term. Clay
has lost the State of New York by a majority of
9,021 ; Pensylvania had also gone against Clay.
Throughout the entire Union the greatest excitement
prevailed, and business was almost entirely suspended.
The number of Presidential elections in the Union
amount to 275, out of which New York returns 26,
and Pennsylvania 26, so that these two States return
nearly a fifth of the whole number.
The days fixed for the several elections were :
Nov. Ist, Pennsylvania 26 electors, Ohio 23.
Nov. 4th, New llampshire 6, Connecticut 6, Vir-
ginia 17, North Carolina 11, Georgia 10, Maryland 8,
Kentucky 12, Indiana 12, Illinois 9, Missouri 7,
Michigan 5, Arkansas 3, Rhode Island 4.
Nov. 4th and sth, Mississippi 6.
Nov. sth, New York 36, Louisiana 6, Tennessee 13.
Nov. sth and 6th, New Jersey 7.
Nov. 11th, Massachussetts 12, Maine 9, Alabama 9.
Nov. 12th, Vermont 6, Delaware 3.
Dec. 1, South Carolina 2, by the Legislature.
Of these news from the following States has
already arrived to an extent sufficient to ascertain
the result in each. The figures denote the number
of electoral votes to which they are respectfully
entitled :

Clay. Polk.
0
23

Pennsylvania
Ohio
Connecticut
Rhode Island
New Hampshire
Maryland
New York
Virginia
New Jersey

36

48 85
STATES NOT ASCERTAINED, BUT CONCEDED.
Massachusetts l2
Vermont 6
Kentucky l2
Maine
South Carolina
Alabama 0
Illinois 0
Missouri
Arkansas 0

78 131
STATES NOT ASCERTAINED, NOR CONCEDED.
Delaware
North Carolina
a Georgi
___ . _ 10

Mississipi
Louisiana
Tennessee

Indiana
Michigan
The total number of electoral votes is 275 ; and
the number necessary to elect 138. If, therefore, the
figures of the above table are correct (and we take it
from the Whig New York journals), Polk but re-
quires to carry one state of not less than seven votes,
and there are four such, and ho is elected. The Whig
organs, generally, fieely acknowledge the defeat of
their party, and seek for its causes in what is desig-
nated the naturalization of foreigners for the oc-
casion."

Upon this subject the New York Weekly Herald
says—

" Annexed will be found returns—not official, but
sufficiently accurate for all practical purposes—from
fifty-four counties, which give Mr. Polk a majority of
9,021, the remaining three counties having only
given 3,732 for Harrison, in 1840. The most start-
ling defection to Clay has taken place in the abolition
counties of the west. These have, probably, voted
largely for Birney, although we have none of their re-
turns as yet ; but that alone can account for the di-
minution of Clay's votes from Harrison's. Mr. Clay
came to Cayuga-bridge with only about 7,000 majo-
rity, a very serious diminution from the vast popula-
rity of Harrison in 1840. The excitement last even-
ing throughout the city was of a most tremendous
character.

" Thus, the important question of the next Presi-
dency is settled at last, and, just as we have all along
predicted, in the teeth ,of the politicians around us.
New York city has determined the vote of the State,
and the State settled that of the Union. If the Whigs
could have formed a complete combination with the
natives here, with even the existing vote of the aboli-
tionists at the west, they might have carried the State
and elected Mr. Clay. But their policy, management,
and managers, for the whole canvass, have been
bad, intolerant, silly, and contemptible. It is the
Whigs themselves who have destroyed Mr. Clay's
chances, they have sacrificed by their intolerance and
squabbles, and humbugs, the prospects of one of the
noblest statesmen in the country, though some-
what defective in certain small points. Mr.
Polk is undoubtedly a good man, and will make a
good President, but he never can pretend to possess
the personal talents or influence that Mr. Clay could.
He will encounter mighty difficulties from the various
cliques now forming to influence his action. IVe will
have a Van Buren clique—a Class clique—a Tyler
clique—a Calhoun clique—all striving to possess his
confidence. exclusive of the others. He will be tor-
mented from this time forward, during the next four
years, by office beggars and politicians. If he have
the firmness to keep aloof and act on independent
principles, he may have some peace and a little
comfort.

" Thus at last have the democracy had a mighty
triumph—but their victory arises as much from the
folly of their opponents as from their Own merits and
exertions."

The latest accounts at Canada from New York
give the following result of the elections : 40 Con-
servatives, 23 Radicals, and 9 doubtful.
There are eighty-four members in all to be elected,
and by the above, seventy-two are certainly chosen,
giving the Governor-General a majority of at least
eight, throwing the doubtful ones against him.
Twelve more arc to be returned.

NEW YORK MONEY MARKET, Nov. 8.
There was another very general decline in stocks
to-day, undoubtedly produced by the result of the
election in this State. Farmers'Loan fell off 2 per
cent ; Illinois, 21; Indiana, 1 ; Pennsylvania Fives,
; Ohio Sixes, ; Stonington, 1 ; Norwich and
Worcester, 1; Harlem. 1 ; Mohawk, 1 ; Canton,
.2.41; Long Island, 1; Morris Canal, 1 ; Kentucky
Sixes, United States Bank, and Erie Railroad closed
firm at yesterday's prices. The sales were not very
large, but the opinion among operators appear to he
favourable to a further decline.

Sterling Exchange for the steamship to-morrow is
very firm at 101, and in several instances 10i was
demanded. The inquiry is very limited, and it is
probable that most of the operations will be made
to-morrow.

Since the departure of the Acadia, the New York
Herald says there is quite a decline in the quotations
for many of the State stocks, including some of those
now regularly paying the interest on their public debt.
Indiana, Illinois and Pennsylvania State stocks have
fallen off very much, and a further decline in
the market value of the stock of delinquent States,
must be experienced. The election of Mr. Polk
settles the policy of the administration of the ge-
neral government for the next four years, and the
principle of distribution falls to the ground. The
hope that many entertained of the success of Mr.
Clay, on account of this principle alone must now be
abandoned, and the creditors of the delinquent States,
look to other sources for the payment of their
bonds. Ever y State must now depend upon its own
resources. Nothing can be expected from the gene-
ral Government to aid them in their financial diffi-
culties. We cannot at present see the slightest fa-
vourable indication in the movements of the repudiat-
ing States, calculated to afford the most trifling hope
to those interested in the regular payment of the ac-
cruing interest on their large debts. So far as the
State of Illinois is concerned, the whole negotiation
about which so much has been said, and so much
time and money consumed, is narrowed down to the
decision of the Legislature of the State the railing
winter. If a tax is levied, the bon.'tohlers of
Europe advance the amount '-,„`l'eed upon, but if a
tax is not levied. tt.e whole concrn explodes,
and tho 7,",;airs of the State, so far as re-
,a
rds her debt, fall back to their original
position. The subscription to the
te
proposed loan
remains open in London until h
decide the question. Some additions
Legislature
have been
made to the subscriptions hare, but not to an amount
to affect the end desired. Indiana is beyond hope ;
holders of stock of that State, in Europe, have em-
ployed Governor Davis, of Massachusetts, to lobby
for them through the approaching session of the
Legislature, to obtain, if possible, some action in re-
lation to their demands. As for Pennsylvania, it is
at present impossible to tell what may be the
result of the course adopted by the last Legis-
lature to meet the interest punctually on the
immense debt of the state. The sale of the public
works is out of the question. It will be found jai-

possible to obtain purchasers on the terms proposed.
We have an evidence of this in the movements
regarding the Delaware division, and a more favour-
able result cannot be expected with the main line.—
Maryland may do much better with her creditors than
any of the other delinquent states, but at present every
thing is in doubt and uncertainty. So far as heard
from the people were liquidating the demands of the
tax collectors very rapidly. Very little change
has taken place in the financial condition of solvent
States. The public works of this State and of
Ohio have been unusually productive this year,
which, so far as the latter State is concerned, is of
the most vital importance, and insures to her creditors
the regular payment of their dividends.

SALES AT THE STOCK EXCHANGE.
517,000 Ohio Sixes, '6O lOll
5,000 Illinois special Bonds
10,000 Indiana Bonds B9*
10,000 Penn'a Fives slo 71
25 Sh. Bank Com. Scrip 99
100 Farmers' Trust blo 39
50 Illinois Bank
10 Manhattan Gas
50 Canton Co.
120 Erie RR.
50 Mohawk, RR.
250 Reading RR
100 Harlem, RR s 60 67
100 East Boston Co.
150 Long Island RR 74*
120 Morris Canal 3l
50 New Jersey RR.
150 Stonington RR s3O 45
25 Housatonic RR.
1,000 Nor. and %Vor. RR • 73
COTTON TRADE.—There has been a good inquiry,
both from shippers and pinners, and to-day about
1,200 bales were taken at steady rates. The southern
markets are very dull, with very large receipt., and
limited sales.

CORN TRADE.—The corn tra le was very inactive.
Speaking of this the New York Herald says :—" The
Jecrease in the shipment to Canada has been pro-
duced by the abundant crops in England, and no de-
mand, he consequence, coming from that quarter.