The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-11-01
NEW YORK HERALD.
New York. Tuesday. November 1. 1879.
Relations between England and the United
states-StrugsIe OF the Bank of England.


Relations between England and the United
states-StruggIe OF the Bank of England.
The recent treaty between England and the
nited States has settled their principal political
md territorial dlilerences-but new movements are
beginning TO show themselves, which will lead TO a
ong and protraeted struggle between interests OF
ne most original characters that ever took place
'etween two countries.
Ths struggle will be for the floating specie of The
ON nercial woodland the two contending ele-
nents will be the Bank of England on one side, and
be new American commercial system, founded on
ash principles, on the other side This is a war OF
commercial and monetary principles-and the con-
equences may be, in few brief years, lhe tall OF
he Bank of England, a reyulsion IN her manu-
acturing system-an nsuHection in her masses
nd a total revolution in her government.
The United States are now on the threshold OF a
ew series Of commercial, financial and political
vents, that will shake the old world to the centre
london and Paris had better look out.
Mexico AND TExAs-We have had nothing new
ON this part of the world, since the arrival of the
henrietta at New Orleans, whose news 10 the 9Th Of
october we published few days since.
The second general invasion of Texas by the Mex
an army will be very serious affair, before the
ieXicans are again driven out of Texas. Already
% Texans have been killed, and about double that
lumber of MeXlcans Yet there has been no en-
agement between the hostile forces on this occa.
on that could be dignifed with the name of fight
nothing but skrmishes. They have had the eff
ct, however, of keeping the Mexcans in check.
ut when the remainder of the Mexican forces,
mounting probably TO Is, 900 men, enter Texas in
rec ne do md he nj
Pet of Mexico blockades and bombards the ports
Texas, the " lone STAR republic will have very
ugh work of il.
That she will ultimately triumph over the Mexi-
ms do not for a moment doubt bur to do this
must have assistance, in some shape, from the
nited States. If not men, she certainly must have
DIVISIONS, arms, and munitions OF war. We very
uch doubt whether there can be found fighting men
Rough Texas TO beat back the large force
hch Mexico is about to bring against her. And
shameful manner in which the recent volunteers
ON the United States have been treated by the
thorties in Texas readers 1t very doubtful wheth-
she will have much more assistance in that way
evertheless, if matters to grow desperate
ID the Texans were to be driven this side the
azos, think perhaps that numbers of gallant
rits would rush in there from the Southern and
path Western States; in which event the Mexcans
puld be driven out of the country in three weeks,
lth great slaughter.
In the meantime our Government has offered to
edate between the two countries and we think
Feat Britain ought also to offer her services for
same object. Almonte, the Mexican Ambas.
dor, has been presented TO the President.
From letters received from the western part of
Fxas, II seems the hate expedition of the Mexicans
linst San Antonio is not of the general character
posed-a general invasion but the work of John
Segulne, the traitor, who, II appears, had mort
ged his landed property near san Antonio, TO Col.
den, formerly merchant OF Bexar, as security
about $4,000 worth OF merchandise purchased
HIM Segutne, 1t will be remembered, on his eX- |
fluon to the Rio Or nde with his merchandise,
: robbed by the Mexcans -returned TO San An
no-taised party, and, IN retaliation, robbed
fty OF Mexican traders on the Texas side OF the
o Grande. The au,hontles OF Texas not sane
nlng this robbery by Seguine, he deserted the
hntry with his followers from San Antonio. and !
ned VasqueZ and his party. Now the court, |
lch was IN session at Bexar, when this last expe- |
on OF The MeXic ms surprised them, would have |
tlded suit which Colonel Ogden had Instituted |
Alnst Segulne and Segune knowing this was in |
nmental in raising this last expedition for the
pose OF capturing and carrying OIL the archives
BeXar county, in which he succeeded, and has
o taken Col Ogden among the prisoners car
ed. There is little hope for the lie of Col. Or
n in the hands of this traitor. DR.. Smethers and
hers whom he had shot, are supposed TO have been
tnesses to the mortgage.
From CANADA.-There is still a very stubborn and
lent discussion going on in Canada, abou, the re-
Pval of the seat of government The people of To-
ITO and Montreal want their towns to have the |
Eilege; whilst the people OF Quebec clamor louder |
n all the rest TO have the seat of government To- |
ted there.
With regard to Sir Charles Bagot's administration
popularity, or want OF IT, We shall hear more at |
next session of the Canadian Parliament Some |
the papers state that their confidence in his policy
DO great that they feel sure, if vote Of wan of con-
ence should be attempted, il would be negatived |
medlately bya large majority. On the other hand
eral of the papers condemn his policy most vehe-
ny; and particularly his calling Lafontaine, Bald
b. and others, TO take seats in the Executive Coun.
The arrangements of Sir Charles Bagot for form
a ministry, have been fully completed, and |
following is the result -
b. Sullivan President Of the Council; s. B. Harrison,
retary, c. w; Robert Baldwin, Attorney General |
w; j. Small, Solicitor General, C. w: D. |
y, Secretary e. T.. L. II. Lafontane Attorney Gene
CT II Z. Aylwn, solicitor General G. E.; J, II
pm, Receiver GeneralF Hincks, Inspector General; H.
<ilally Priest Board OF Works; A y. NORM. Commits
her Crown Lands.
These eleven are all men OF ability, and very lbe- |
in their politics. In the House OF Assembly, COM
bed OF eghty-four members, 1t is asserted upon
tty good authority, that there are only thirteen
ideuly opposed to the ministry, and eleven of |
IN doubtful; thus leaving them sixty firm support |
Mr. Dunscombe and Mr. Parent, will retire
IN Parliament but their places will doubtless be
piled by Mr.. E. q. Wakefield, and Mr.. A. N. Mo-
of the same politics.
The public works in Canada are already affecting |
Erie Canal, if we may Judge by the following |
m the Rochester Democrat -
THE WEILAND VS.. THE Erie CANAL.-We set it |
|vn conceded fact, fact established by |
Tres, that the business OF the Wclland canal is in
asing The tolls during the month of August,
2 exceed those of tho same month in 1871, TO the
cunt of about 5000. Yet. Notwithstanding this
rease, only comparatively small portion Of the
duce OF the west passes through that channel