The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-11-24

The news by this arrival will be more interesting than
the last VIII solve the questions whether the British
Government have opened the ports or called Parliament
togehersnd ALSO give further accounts Of the great
Panic-the impending famno-the political agitation
now psrvading England Scotland and Ireland.
Highly Important from Washington-New
Diplomatic Movement or the Government.
We have intelligence Of highly important char.
~ctsr from Washington, relative 10 move
men made hy the present administration having
very important bearing the commercial relations
Of this country with England Some valuable inter
nation pertaining to this subject may be found in
our correspondence, published il this days Herald
Il appears that Mr.. Pdkenhsm, the British minis
ter, and Mr. Buchanan, the Secretary of State have
had an interview with each other, for the purpose
of talking and making arrangements relative 10
some new commercial treaty between this country
and England II such be the fact land we have good
authority for believing iD, il is probable that such
movement on the part of the British minister orig-
mates with the British government, growing out OF
che peculiar position 1t sustalns towards Ireland, the
failure OF the crops, and the prospect OF genera
famine. Two or three years ago the subject OF a
commercial treaty was preached by two oil the
greatest men and statesmen this country We
diiuut 70 the speech Of Dfnltl WeDslsl IN DduHoIc,
and several letters containing The same idea from
John G. Calhoun, which we're published IN the Egg
l.h and American journals. AT that time our go
vernmrnt sent an informal agent to England-vz
Duf Green-to sound the British cabinet on the sub
ject Of u new commercial treaty on the basis of re-
cprocity, which would adml, breadstuffs into Eng.
land al lower rate of duty than the commercial
laws would then permit. The English government
al that time Was strong, powerful full Of plenty and
peace. THY listened 10 The agent, but took no
steps on The subject. After a severe season. shot
crops, and general panic, hitch has spread all
III Kingdom, the British cabinet have probably con.
cludrd TO meet and endeavor to negotiate treaty
new and permanent basis, and Mr. Pakenham
may be said TO b. only following out the instructions
which he received during his interview with Mr.
Buchanan.
This would be great and important movement,
not only respecting the commercial intercourse be-
tween England and the Unled States, but would
also be an example for the regulation Of the com
merce Of the world. Two leading commercial ma.
lions, commencing reciprocal system OF com
merce with low rates Of duties, would soon cause
the principle extend TO every portion Of the world
The influence that this may have on the Oregon
question, may be beneficial and advantageous in the
extreme England has almost reached her high
Of physical growth; and now the extent OF her
population demands new commercial code and
system of aws, in order 10 prevent general famine
among her people, and her whole structure OF So
cIety from falling topieces. Ia order 10 do this she
looks 10 he nation that has descended from her
IONS We compel her 10 do so, and the probability
s, that We are on the eve of NV and most impor-
revolution in the relations between commercial
nations.
II ,eh ,rhl Il
part, that we have at the head of our State
department., statesman, so wise, SO far-seemg SO
purely honor. be and patriotic in his views, as
James Buchanan Of Pennsy lvania--aided blythe firm
ness and far seeing of the President himself
GREAT REVIVAL OF BUSINESS AND BANKING The
Wall street SPECTATORS have not every thing their
way. Fulton street, fresh as new milk, with
ITS great men, is beginning cut in upon old rotten
Wall street During the last two days, we have
heard mlny rumors about the recent exclusive ex-
press, run for Mr. Bennett, the esteemed and ener-
getc proprietor OF the Nee York Herald, and the
vast yum Of money he have made by opera
tons IN osr beef pork, stocks, sausages and brin-
stone. The newspapers have alluded to the matter
rather myserously, but they seem not 10 know the
half
We have been informed that Mr.. Bennett paid for
.DV
operations exactly $l39 49-the 10 cents by the sau
sages This, if true, is dong pretty well in one
week. and speaks well for the character OF Fulton
street, in It's against Wall street Blu, this
Is not all MI. Beach, the worthy proprietor Of the
New York Sun, and banker and shaver for the poor
10 general, has recently purchased two new banks in
OHIO, besides one or two Insurance Companies the
agencies OF all OF which 10 be placed in Fulton
street One OF the Insurance Companies is called
the National, and was recently burnt out, but will
soon be on lis legs again. Mr. Beach is now the
owner OF SIX live banks besides the remains OF two
broken banks,-the Jacksonville and Monmouth
wnlch nave tomb stones, with patriotic epitaphs
erected over their ashes, IN the grave yard OF Plain
hrio' vi the SIX I'VE banks, two are IN New York
State, one IN New Jersey, one in Pennsylvania. and
two in Ohio. BY circulating the currency Of one
bank in the vicinity Of another he aids the public with
any quantity OF money-say $500, 600 or even 81.
00o0O0,-and shaves TO The same extent---so that
Mr. Beach will probably reach the fortune of old
John Jacob Astor nearly as soon as Mr. Bennett will
Tor both are running express 10 that point =
Mr. Beach is also charitable man-perhaps more
50 than Mr. B-nnett Mr.. Beach gives, on OF pure
charity, lew dollars week 10 an old broken down
Jew politician, called NJ Noah, to do his penny
a.liung, and thus relieves the old wretch from the
Necessity Of picking up rags In the street, or beg.
gng old breeches 10 sell again.
Mr. Bennett we learn, intends to run another ex.
press when the next steamer arrives, and thus make
more money-and Mr. Beach will have 10 buy up
TWO or three more banks, TO keep up the race lively
Fulton street is great
VoTE FOR CONVENTION The majority in favor
Of convention in this State is overwhelming The
Fl cures follows:-
TorAL vorr
.agains Foy
AL the counttes. 5000 3ia,70o
80 OSl
Majority Tor Convention. ....... .lel Cos