The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-12-23

We wait Tor further Intelligence IN this matter
either from Washington or Vera Cruz, before we
credit il fully
Progress OF the War Panic.
The war panic, growing out Of our foreign rela-
tions and partly from the state OF the currency,
goes ahead with renewed activity and increased
momentum Under the double doses Of The press
and politicians Of both the old and the new world
socks in London, Paris and New York are decn
ing Yesterday, III Wall street, the fall very
considerable, and The increase Of the panic very
msrkable
Il + cx,Taordlnary-an extraordinary spectacle,
10 mea and angels, to see how one hundred millions
Of people, embracing the population of the United
States and the two monarchies OF France and Engs
land are determined 10 make themselves miserable,
and force their several governments 10 the brink OF
war, while their statesmen and men Of sense, are
endeavoring 70 alay the excited feeling, and settle
the difficulty.
The news from Mexico, yesterday, gives me-
laDchoy picture Of the of things in that coun-
try. What can Mr.. Sldell do, IN the way OF settling
difficulties between the two republics, in the midst
OF revolutions, internal revolts, and the violent
action Of military parties Perhaps it may enable
him the better 70 succeed in all his negotiations;
and such seems 10 be the intelligence brought to
Washington, according. to our correspondents
letter from the capital, which seems to be Sc
veral days later than the news by the way Of
New Orleans. Yet the state Of the internal
affairs Of Mexico seems peculiarly unfortunate
Another revolution may bring into power the war
party, and prevent any peaceable negotiations for
months come. Perhaps even England and
France, may take advantage OF the situation Of
things there and attempt again their ntriques with
the Mexican authorities in order to turn their efforts
against this country, and thus prevent tranquility and
peace.
Yet, IN spite OF the news from Mexico and Eng
land are still positive in the belief, that although
the panic will increase for months TO come. and
variety Of commercial specuations will be disturbed
the time is somewhat distant when the great strug-
gle between Europe and America will take place,
the different principles of government repre-
scnted by each.
PorIrrcAL Coup Dell; OR BIRDS. EYE
VIEw.-There are four great powers, which at the
present time concentrate in themselves all that is
great, interesting, and exciting in politics These
are the United States Great Britain, France, and
Russia. The other states and empires Of the world,
like the satellites of Jupiter or any other planet,
one other of these four.
On looking over the columns of the Herald for the
last month or two, a pretty correct idea NAV be
formed Of the state Of affairs in the political world
and Of the questions Of politics OF the mos, absorbing
interest, connected with the above mentioned
nations. We will briefly recapitulae the substance
BY which bird's-eye view will be had in a synop.
teal form, Of the politics Of the world
H.. L -l,a~a IL C.
tive consideration, for It is at this moment III.
arena which all the political eladators of the
world are exhibiting their feats and prowess =
France and England have their fleets on the La
Plata; Russia sits not an idle spectator in hel
frozen realms north OF Oregon; England watches
with anxiety 10 the fate OF Oregon and Cali
lorna. Sonora, long since swarmng unobservedy
with American settlers, now declares herself indie
pendent OF Mexico; Texas has already become a
golden stripe on rich banner; and perhaps, soon
Mexico herself, torn TO pieces by domestic factions
will be driven to take refuge under the wing OF the
American eagle.
All these events and shadowings forth of coming
events, point TO America as the great centre OF
political attraction. Europe, me antme, looks with
envy and fear upon our rising greatness, and waking
up from her long letharglc stupor, like a lion dis
urbed in It's lair, shakes her name and crashes her
teeth at the high-soaring American eagle So much
for our own continent
In Europe great events are in progress we have
already detailed them in our columns Let us now
pass them IN hssty review. First, France exhibit.
an interesting spectacle. Just on the brink Of Z
struggle between two rival dynasties (which fear
iu struggle is only postponed ill the death of sep
tuagenarian kingD she has with unheard of pohtca
lmprudence involved herself on all sides in the great
est difficulties Her fearful position In Africa, maker
her situation worse eventhan that of Napoleon !,
Spain In the La Plata, she has got her hands full
Of trouble and her name of disgrace while al TIA
hlt she is involved in no honorable strife Her fnan
ces are also in crisis-bank toy and failure. IN
sure followers OF bank expansions and speculation
are marching through her cities Then in England
her animosity against us her rivalry with us on thi
continent, her awkward position with Ireland. he
lear OF famine, her lettering ministry, her discon
tented people, her frightfu oppression and taxation
her Unsuitable aristocracy, her blood sucking churc
establishment, her greedy and idle public pension
ers-al combine TO render her position, political ii
speaking, OF tremendous interest. Lastly as I,
Russia -as tor her. Turkey, Persia the East Indies
the world itself, will never satisfy her and while III
other powers are too busy with their own Difficult
ties to give much heed TO her silent progress an,
policy, she is going steadily on, roofing out all rei
gions but her own, and seeking TO establish he
despotic sway wherever the way is open to her.
Such is a riefcoup dell of the political world
tor daily and faithful details, the reader must sedr
iously watch the columns of the Neo York Herald
FASHIONABLE INTELLIGENCE will be n
balls al The Presidents House, in Washington, thi
WATER on account of the sanchy and pety of th
worthy occupants; but the houses OF the Secretaries
me military and civil officers OF high rank, and
the diplomatic corps,wil be the scenes Of magnfcer
displays o. fashion, eloquence, and wealth Ate
the lst January, the fashionables from all parts {
the country wll pour into the capital, and seaso
Of unparalleled brlIllancy may be anticipated Gres