The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-06-03

accompany regular edition with SUPPL EMENT, to
served Cratic only to regular city subscribers
transient purchasers.
We also have the pleasure Of announcing to sdver
tng friends that during last few months daily
circulation has increased nearly sir thousand copies
what it was our return from Europe being many
thousand per day greater than the HKaALD was and
boy ond that Of any paper issued in this city
Such the fruits Of enterprise talent energy indie
| psndsnce and firm adherence to the public good
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The Foreign News-Its Great and Vital I'M
pOrtanoe.
We give our city readers to-day in our regular
edition, including the Supplement, full resume Of
the very important news from England, which We
received in advance of the mail, and OF all the
New York newspaper press on saturday night, by
an exclusive overland express from Boston
which port it reached on Saturday morning by The
British steamer Caledonia, in l2k days from Liver
pool We despatched the news exclusively, in oul
Sunday edition, TO 20 900 or $4,000 readers, as
Bishop Hughes rates their number, and we now
add for all, some further important particulars, not
then given or alluded to.
This news ID highly important in a commercial
financial and political point of view.
First, its commercial aspects. The extraord
nary and unexpected fall in cotton has asounded
the cotton brokers here. This fall equal to three
eighths of penny in balance of the crop, equal to
one quarter of the whole import into England,
would be loss of nearly $l,5O0,0O0, or more.
This result if not checked, must produce disastrous
effects upon the cotton Spectators on both sides.
At the last accounts the market wasstlll hat-but il
sprobable that effort may be made TO rally it
with what success the next steamer will tell
The expectation of such rally will make the next
steamer to be looked for with deep interest. AS
usual our regular express will be ahead of all others
The next important piece of news is that in re.
ference to finance and currency. Sir Robert Peel
has brought forward his plan for regulating the
paper currency, which appears by every opinion, to
be nothing but proposal to create revolution in
the existing paper currency system of England
We have given the details of the minister's plan,
with the opinions of financial writers, by whom it
is severely criticised. Many anticipate that the
plan will depress prices, and bring English values
of all commodities to a level with the low values
of the Continent. If go, such a system will pro-
duce revolution in the prices of commodities
and Of all property, that will cause another general
revuson similar to that which the law of 1919 pro-
duced. The minister proposes by his plan to carry
out the principles Of that law-by giving to paper
| ".
t,on the steadness and level OF the precious metals
It is an important movement and its fnale will be
interesting.
The next piece of news is that in reference to
the anne xaton of Texas. BY short reference to
this measure in the House of Lords, it is evident
that the British Government regard the annexation
of Texas to the United States, with deep dread
and displeasure. They undoubtedly mean to make
it a great European question against the United
States and this opinion gains strength by witnessing
the general denunciation of the treaty by the whole
British press, both conservative and liberal Indeed,
the liberal press of England seem to be the most
hostile to the United States in these latter days,
and on these measures. But it will be recollected
that this party is made up in part of the Abolition
lists and the O'C0nnellites both of whom are very
violent in their abuse of the southern portion Of
the Union In illustration of this point, we give
another speech o rather TRADE Of Daniel O'COn.
nell, before the British Antl-Savery Society, in
which he denounces the Southern States with all the
violence he can master. The green or friendly spot
among the ie DIS of public opinion IN Europe, in
favor of the nexaton of Texas, is to be found in
the popular or republican portion of the Partisan
press. There they support the measure as a mea-
sure that will aid them to infict justice on the
ambition of England. 1t is very evident that this
Texas business ia perfect frebrand, bombshell,
precpitated into the Courts of Europe, which they
regard with equal wonder, dread, and hatred. AS
it is we are only in the beginning of the business,
and before year is over will astonlsh them yet
more.
On the whole, the news by the Caledonia IS OF
the most important character-either as II respects
cotton, currency, Texas, or abolition We are
now brought by steam power, within the verge of
European influence and ntrigue-and us effects
are developing themselves in all directions.
The GRAND DEMOCRATIC RATIFICATION Mass
MEETING IN THE PARK.-This grand movement,
including the 100 big guns, which so awfuly
missed fire last week, by the storms in the Balti
more Convention, in which Van Buren, and half
dozen great men were lost overheard, is, We
learn, to be held tomorrow afternoon in the Park
Vast preparations On hand to make il the
greatest gathering OF the various elements of the
democratic" that ever took place in New York
We learn that the leaders are beginning to get re
concied TO the loss of the "favorite son"-ape
that committee has gone ue TO Underwood to
bring MIR. Van Buren, here, and to make him
the chairman of the meeting tomorrow az
ternoon. This would be a curious move
Mr.. Calhoun and his friends, judging from
the 'Washington Spectator appear to have
thrown the nomination of Captain Tyler over.
board, and to come out for Polk and Dallas with d
perfect rush of wild enthusiasm. If Mr.. Van Blu.
rem heads the movement here-poor Tyler
will never be heard Of and the grand reunion oil
the democratic party, all over the county, may
take place to greater and deeper extent under the
flag OF Polk and Dallas, than any other better known
candidates.
So there prospects of capital fight yet-and
we should not be surprised if the wings will have
to go TO work pretty hard. The democracy is in
the very crisis of their fate in the north--and the
tone, temper and numbers Of the meeting to morrow
will give the cue for the whole Union.
We shall, as usual, give iull and impartial re-
port Of their sayings and dongs SO look out, for
OF this will denend The success Of Mr. Clax