The New York herald., 1845-12-08
MORE EXTRACTS AND TRANSLATIONS
The 70 REIGN PAPE r S
Received at the Herald Once.

Received at the Herald Once.
The Duke of Monticello, ambassador from
France, 10 the court OF Naples, has gone from the
latter place to Palermo, (where the Emperor Nj
In order to solicit the favor Of private audience
with the autocrat. 1t was said that the King of
Naples endeavored to dissuade him from taking the
step.
Louis Philippe has demanded of the court of
9tomc TWO cardinals hats the first for the arch
nlshop OF AK, the second for the archbishop OF
Bourgee, and it is said that the Pope has agreed to
confer this honor, according to the request of the
King Of the French.
The marriage of Mademoiselle, daughter of the
Duchess Of Berry, and sister Of the Duke of Bor-
deaux, (the claimant and legitimate heir of the
crown OF France,) with the Hereditary Prince of
Lucca, was to be celebrated on the 10th inst, at
It appears certain after ALL that has been said uron
the subject and the variety of reports as to the happv
man who ID to become the husband Of isabella of
spain, natthere Is now no longer any doubt that
!rs @ son OF Don Carlos is to be the favored person
Inc following anecdote is IN circulation among
certain circles he truth of which il is believed Is
not to be disputed. A Carst officer. reading at
Lououse, went some short dme back to pay visit
;Ue 70 sGm1 MS Gld inehds at Madrid While stay
my ~ nc capital, ne went 10 see the husband of
1ueen Onnsune, with whom he had formerly serv-
so 10 .ne gards dw corps. He was well received by
ms olc cohIade, who in the familiar outpourngs Of
- h1tnanp. t sad ~ him that " the services which
nv sIo rendered to his king would now soon be re-
wan1eo' Ior ,ae marriage Of the Queen with the son
=. Lon ~..rlos was already accomplished" II is
,hs sand that the marriage took place by proxy
tho vounO n. o. acting as OF
event has been circulated in Spain in the shape of
rumors no official Acknowledgement having vet
Deen made and It is said that the results already
tent In the public mind. This event NAV lead TO
counter revolution in unhappy Spain.
A dispute has been on foot some time in Germa.
n.y. In relation to the title OF certain petty Dukes of
mat sr,tocratac country The Diet Of Frankfort
tnem and 1t Is said has last decided that the Dukes
OF Anhat and SAKE, and the Princes of the house OF
Coburg shall be entitled to receive the high appella
tion OF "Iheir most Serene and Royal Highnesses ,"
The rasifications OF the treaty Of amty and COM
saerce, concluded on the Path October, 1874, be-
tween the plenipotentianes of the King of the
French and the Emperor Of China, were exchanged
on the 2olh OF August last, at Taiphani, near the
Bogue, in the palace of the Mandarin Admiral. who
commands the Chinese force in the Canton river.
The speech OF the King Of the Belgans gives
positive contradiction to the reports relative to the
SHORTAGES OF the grain crop In other respects, the
tenor OF this document Is considered as favorable
among mercantile men.
SEIZURE OF AMERICAN CLocKs---Last week. Nd
wards OF 66O American clocks were seized. in con-
sequence OF the importers Undertaking them. and
on On saturday os tney were Sold at buildings
LOT mucn nrgner amednt than they were originally
vaiueo ~; Ihey Wee disposed of in lots of three
eaG, anu Ine aVsfage price was from forty to fifty
snininss per lot'--Liucrpool Mail, Nov. Is.
, IaE CRISIS IN ENaLAND-The Leeds Mercruv of
tne Gun u.., has the following suggestions, which
axe sWa.hsor W. worthy y, OF attention: att ton
Ina" months, been continually warning our read
es. That the railway speculation quite extrava-
r.dnt and must lead to lnischieyous consequences
Now that the fever is giving place to collapse,
we feel IT as much our duty to caution the public
against unnecessary alarm, as we dbefore to warn
mem against lmprudent speculation.
we 90 not pretend to say that much difficulty
will be experienced. No doubt money will be
scarce and severe losses will be sustained, espe-
claly by the holders of shares in imprudent and
ridiculous railway projects. We shall have failures
In the share market, and perhaps beyond it. But
unoae uI alarm would immensely aggravate the mis-
cnlei, ana cause an unnecessary and unjustfable
sacrlnce OF shares, possessing the most substantial
vaiue,as Well aa embarrass men OF undoubted sub
stance Our recommendation to the mercantile
community is, to take manly and rational view of
the state of the country to act with calmness,
steadness, and forbearance, and not to sacrifice
their property in order to obtain relief from mme-
dlaye pressure.
The circumstances which induce us to believe
that the Crisis, though may be severe, will be short
but 1t will not plunge the country into ANYTHING
Ike ruin-that, after gale, which may carry away
OF the good ship, she will still hold her own, and
ride securely on the wave-are as follow =
II. We have the resources accumulated during
three years OF prosperity to fall back upon.
- There has been little or no speculation in
trade or manufactures, and not much over trading
with foreign countrres
"3 Stocks OF manufactured goods are not large
in any hands.
-. The harvest, though below an average. has
been very lar indeed from being like that Of 1876,
or even Of 1893 The grain suffered more in qualify
than ra quantity The chief difficulty will arise cut
OF vle failure ofthe potato crop.
W6 II is OsoihIa m Oh o,ld b,vo :, o,,.~
whelmlng importation OF corn, to take away our
bullion we could not get the corn if wanted il
this is an evil which will gradually tell upon trade
and the working class, but at all events we need
not expect any sudden arrangement of the currency
from that cause.
80. As prices of manufactured goods are not
high we shall be able to export goods to consider
imported
-. The Bank Of England has still the very large
amount OF El4.00l ,293 Of coin and bullion in her
conels, being tour millions more than used to he
50 The foreign exchanges are still IN our favor
witp France, and not against us with Germany.
yhe exchange with Hamburg has improved since
last week, and It Is now at par,
y. There has been over-issue OF country
bank paper and the banks are in good condition
10. The established railways have been proved
by experience to be excellent investments, and their
income 10 now such that the shareholders would be
throwing away money to sell at present prices.
ii. Perhaps there is scarcely one of the rail-
ways now in progress that will not yield COED re-
turn to the share holders when opened
IL. Most OF the projected railways Except the
purely competing lines) are betwixt towns and
through tracts Of country which must, beyond all
doubt sooner or later enjoy the facilities Of railway
communication. They have been brought forward
too fast but there are very few that viii not in The
course Of years be constructed
These are considerations which, taken together,
seem to us to forbid anything like dependency.
When bankers, mercantile men, and capitalists look
tn xsx.ll skxs~ l.t
cues are hrnush, on bv vul ,br
ioly OF railway speculation, and tor which we must
pay tne penalty OF good whipping, but not likely in
na!eIlai degree, or for any heightened period, to
arrest the progress OF the national prosperity.
As matter oi prudence we would suggest that
those railway companies which have only Just been
formed, and OF which the deposits are not yet paid
Up, snouIa postpone tne call, SO not to increase
pications to parliament to another session. Il
would probably be mere waste Of money TO press