The herald., 1837-01-30
From the Weekly Herald of Jan. 2s.l
News of the Week.


From the Weekly Herald of JAN 2sl
.e..s s.t News OF the Week.
What progress has the world made during tne weef
IN kn0wedge-in virtue--n wealth-in popuiatioh
an llterature-in science-in religon-in roguery
folly-in fashion-n philosophy! Every week 'nGIe n
is certain progress made in all these matters lhs
ordinary newspapers are incapable of collecting tns
general facts of civilization, and OF snewing tneW ul
as step in the great march OF man 70 iutunty-te
eternity We OF all the foolish editors OF New ork
flor all editors less fools in the eyes OF mer
and anges) alone capable of comparing the facts
of the past and the presenof satisfying the invisible
journeymen of nature-of adding up the items OF phi
lOsOphy and fact-and of balancing the general Week
1y account between life and eternity so as TO be able
to start fresh in new week. owe this excellent
habit of mind 10 my fond cid Grandma, the Holy Re-
man Catholic Church. She taught, me, when was
younger and nnocenter than am now, to keep an
account of my sns-to write them down each week.
to sum them up at holy auncular confession, and
there to get them forgiven at the end of every quarter
without askng the angel ofmemory much TO bring
them back to my recollection.
Bat enough. The news from Europe during the
week has been perfectly insignificant in political af
fars-or even in any other kind, except commercial.
Religion, philosophy and art not making so much
progress across the water as liberty and commerce.
These latter are the two great currents of the old
and, we may add, OF the new world. The events re-
vealng themselves In our own country, and partcu-
lary in South America, are vastly more important
than any thing taking place in Europe France and
England are principally engaged IN preserving their
present formf of government against the deep, dark
irresistible tide of change and innovation which set
ting ln from the great ocean of the Past upon them
From Mexico and Texas we have symptoms--and
symptoms only-oft the most important intelligence
III the war in Texas should breed war between Mex
leo and the United States, our long formed expeca-
tons would not be very much disappointed. The
confused condition of Mexico favorable to the dec
laraOn of such war. 1t is not probable that in such
an event. the United States would invade that distant
country yet the adventurers ofall nations would flock
under the Mexican flag, in order to depredate on our
commerce. A war however, between the United
States and Mexico would do no harm. Ii would i'm a
few years place all Mexico in precisely the same con-
.dition in which Texas is snow-n the competent hands
of the Anglo Saxon -ace-a race which must vet DOS
.sess the whole of this continent.
The population of the United States is increasing,
by emigration and other causes faster than any other
nation ever did under that blue sky which you can
see If you will go 10 the window and look out Ii is
destined that this race the British race-the Anglo
American race, shall overrun the whole continent
from Hudsons Bay to Cape Horn. There is no
other people capable of self government. But this is
not ALL We positive that the same will con-
quer and divide the whole world, and will do the same
thing in the cid continent which we are doing here
ready all Hlndostan is under the sway of England.
The new route down the Euphrates, will open all
western Asia 10 her power.
The Texans must be independent, and the Mexi-
cans must submt-sooner or later.
In our own dear land-dear in holz coal, Woman,
and rents-nothng very remarkable has taken place
during the week. Neither Congress nor the Legisla-
ire has done single turn of work. Every piece of
public business is yet AT loose ends. Indeed il is
doubtful if they know what to do Both bodies are
80 full of propositions of every kind-and so broken
ints different knots and particular interests that IL is
difficult TO predict any positive result from their de-
berauons.
The other states are principally engaged in creating
new banks and dlsposlng OF the Surplus Revenue.
In our own good city, the week has passed away
very quietly Literature and the drama have been go
ing on as usual. The Harpers, Saunders & Otey,
Foster, and others, have been publishing few new
books The principal new literary work OF the week is
the book called the "Groat Metropolis" published by
Saunders & Obey. This is description of the socie
" OF London, every the most particular iota
nected with politics the press religion, philosophy, IL
terature &c. Editors James Watson Webb and James
Gordon Bennett figure pretty largely in this work
we have been sold-of course there must be mighty
quantity Of hummery In H. We have now four thea
tres-al doing good business
In business and the money markets, thsre has been
very steady current of Improvement. Several fiuc-
tuations have taken place the price of Stocks as
will be seen in our Wall street reports but the gene
raj aspect Of money affairs s steadily improving
There IL now doubt OF these facts that goods
will be imported this year than there was last-thal
the spring business will set IN three weeks earlier than
ever known-and that the tide of prosperity and spec
ulation by midsummer will be greater than any body
jmagnes As the surplus Is gradually divided the spirit
Of real business, well speculation, will gradual
ly revive. Fifty millions in the hands of the states
will form basis OF speculative business in less than
year. that will increase the banking capitalize pa
per circulaton-the imports-all and each-probably
one-third over their present quantities After that,
shall have another reaction and tight PRESSURE.
Night and day-dry land and sea--coniracion and
expansion-energy and weakncss-all succeed each
other by general law Of nature.
Canova'- Coursship.