The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-12-10

upon some tniTu VINO Gun Commune all the ele
ments of the democracy, and against whom very
little can be said we rather think that Mr.. Clay will
have fair chance for the Presidency. The best
man, undoubtedly, for the democrats, is General
Cass, who is, we understand, with them on all their
financial and other measures; and the probability is
that his friends will stir themselves in order to
excite strong and united effort for the purpose of
securing his nomination We believe that,in this
city such an effort will be commenced on his arri-
val
The PRssrDENT's MESSAGE IN EURoPE.-One of
the most important and remarkable effects of the
Presdents Message, will be that which it must pro-
duce in Europe Ii has for length of time been
customary with the British press to republsh this
nual document and they have been thus instrument
tai, without the knowing il, in producing a most
powerful influence on the popular masses. All the
addresses and speeches of the chartists and revou-
tlonary leaders in England, have been trifing in
their results, compared with those which have fol-
lowed the SILENT and calm, and universal dssemina-
sion of tue republican principles through the medium
Of the annual Message the President Of the United
States In this document the oppressed people OF
Great Britain are enabled to the peace pen-
ty and growing prosperity of this free country, with
the misery, destituhon and misgovernment of their
own Instead of the suffering, the pining poverty,
and hunger and thirst and nakedness of the masses
in the old world, the people OF Europe enabled
TO see that the same classes here in the quiet
ioyment of abundance-every man sitting under his
vine and his fg-tree having no privileged orders to
interfere with him nhis pursuit of wealth and happi
ness.
The truth is, that this republication of our Presi-
dents messages, is doing more to sow the seeds of
freedom in the European SOIL than many even OF the
friends of liberty 1t is not easy to esti-
mate the effect which this agency has, in refuting
the false and caumnious statements which the tory
papers in Great Britain are constantly making with
respect TO the institutions, and present state of this
country In these periodical returns OF the actual
condition of the States, unimpeachabe evidence is
afforded, that in population, commerce, agriculture,
wealth, internal resources-n all that constitutes
great and powerful nation, this country is increa-
sing with rapldity that is perfectly startling. Who
doubt that all this is not making deep and abb
ding impression the popular mind in England
Mid the presence of such an influence, how vain
must be the efforts of despotsm to countera the
growth of that split of liberty, which is Identified
with mans nature, and whose ceaseless srugglings
can never be subdued?
BANKRUPT LAw.-It is generally supposed that
Congress will repeal the present bankrupt law and
this subject is beginning to attract general attention
The history fthe application for the benefit of this
law would be extremely curious and Instructive
According TO the most accurate accounts which we
can obtain il would appear that from Is 900 TO 80 900
persons have already applied for the benefit of the
bankrupt law. A classification of these cases-the
amount of the debts Liabilities and assets OF the Sc
veral applicants-and detained account Of the eau
SEES which produced their bankruptcy, would constr
tute one ofhe most entertaining and valuable works
ever published in any country. II would do more
TO unfold and illustrate the present social condition
Of II u States than all that Mr.. Dickens and his
fellow. travellers have written could write
We are preparing for thorough investigation of
this subject and have already procured number OF
curious cases in the United States Court in this city.
We shall take up and enlarge upon these cases next
week Arthur Tappan's case will probably be the
INST subject OF investigation from it we will 60 on
through the others, aud thus present philosophical IL
lnstraions OF the influence of the credit system, and
the state and progress of society in this country.
PoLrrrcs +, THE PULPIT The Rev Doct Spring
Ct the Brick Church, made very splendid sermon
on Thanksgiving Day, against the doctrine Of re-
pudiation His opinions OF the newspaper press AID
literature of this country, were pretty much like
those to be found in the famous Foreign Quarterly
Rerie,c, or Dickens Notes.
PROSPECT OF ANOTHER DuEL.-By reference to
the reported proceedings of the trial of Mr. Santan
CELLO in the Court of Sessions yesterday, for libel
on Senator Roberts of Illinois, it will be perceived
that words passed between the latter gentleman and
VIM M. Price, Esq, that may probably lead to a
meeting, as no reconciliation had taken place at a
late hour last evening.
THearRrcAL.--On the Sd Of January Rufus Wecb,
the popular manager of the Olympic Circus in Phila-
delpha, takes possession of the Park Theatre, which
will be devoted to the performances of his excellent
company of equestrians for several months. The
fashonables will here have opportunity to witness
the elegant horse manship of Welch's corps, which
may be considered as unsurpassed in this country.