The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-18

The JVeekly Herald viii be ready for delivery at
o'clock this morning.
1t will be illustrated with Plan of the Burnt
District in Nantucket, with the particulars OF the
recent terrible coniagation in that town; also
with splendid view OF Fort Brown, in Texas,
opposite Matamoras, the fort that the brave Capt
Hawkins would not surrender to Arista. 1t IS
said that Hawkins did not understand Spanish,
when Arista sent him a note in that language, TO
strike his colors for the sake of Humanity
Single copies sixpence each.
The Foreign News-Resignation OF the Feel
Ministry.
BY the arrival of the steam ship Cambria at
Boston, from Liverpool, we have fifteen days
later intelligence from all parts of Europe
In political point Of view the news is highly
interesting and of the greatest importance. The
Corn and Customs bills had passed. but the Minis
try split upon the Irish Coercion bill, having
been in minority of seventy-three upon that
question. The new council is composed of sere-
raj members OF the Melbourne Cabinet Lord
John Russell is the Prime Minister. Sir Robert
Peel appeared well pleased with the new Minis
try, but there were very great doubts of its per-
manency
The settlement of the Oregon question created
great JOY throughout the United Kingdom; and a
large part of Sir Robert Peel's speech, announo-
ing his resignation, directed TO the discussion
of American and Mexican affairs, in which he
congratulated himself and his country upon the
removal of every difficulty heretofore existing be-
tween the United States and Great Britain,
and an amicable adjustment of the political and
commercial relations Of the two countries. The
commercial advices are rather favorable than
otherwise, under the circumstances. Money was
abundant, and quotations for stocks firm Cot
ton had slightly improved in prices, without any
material improvement in the demand. The
changes in the cabinet had not depressed busl-
ness so much as have been expected
twas anticipated that an immediate dissolu-
zion of Parliament would take place, to enable
the new ministry to form its plans, and to become
established. The next news from England will
be looked for with the greatest anxiety, as the
tihcaton of the Oregon treaty will devolve upon
the new Cabinet The Great Britain has been
at sea twelve days, and she will be due on Mon
day or Tuesday next.
THE MAGNETIC TKLEeRApH.--We give in ano-
ther part of this journal synopsis of the foreign
news by the steamer Cambria, which arrived at
Boston yesterday evening. The news of the arri-
val Of the steamship was transmitted to this office
by the Boston and New York telegraph, at the
time when she was first observed sailing towards
Boston. She was then forty miles distant, and
her news was received at this office and set up in
type by II o'clock the same evening
The country is beginning to experience the be-
nehts resulting from this great invention; and no
doubt, when the different lines throughout the
country shall be perfected and in operation, they
will entirely supercede the old fash oned method
OF transmitting news. Boston and Washington
are now within speaking distance of each other,
and both connected with this city. When the
Southern line shall have been completed as far
South as New Orleans, and West as far as Buffa-
10, those distant points, and all the intermediate
cities, will be brought 50 nearly in contact with
this city, that they will FORM as it were, suburbs
or farbowrgs of the great commercial metropolis
of the United Sta'es. As it is, we received news
from Washington at the same moment that we
were receiving it from Boston; and the despatche.
that respectively came from those distant points,
are, by the magic influence of this extraordinary
agency, transferred to the columns of thi. davis
Herald.
The telegraph is only in its infancy as yet
when IL has reached the state Of perfection which
1t is capable of reaching, results still more won.
derful than these may be expected.
YACHTS AND YAcHrrNo.-The subject of yacht-
ing has Of late begun to attract considerable at
ten'ion in this country, so that in nearly every
city OF the Union where opportunities for indul-
ging in the sport are presented, club is formed,
and in active operation.
There are now probably in the whole country
about fifty yaelts In New York alone the squa-
dron consists OF about twenty, and in Boston the
club is quite large. These are owned usually by
wealthy men, whose amusement it is to glide
swiftly over the water in their neat crafts. These
yachts vary in size from twenty to one hundred
and sixty tons, and cost from thousand to twenty
thousand dollars Once year a regatta is held,
and the remainder of the time is occupied in
matches, pl assure excursions, and the like.
The yacht clubs of this country are generally
very democratic, and not at all resembling the
arstocratic clubs of Europe. We are sorry TO
say. however, that some of the members ape the
lordy airs and feelings ofthe titled members of tie
English clubs; but, like all imtators, they fail in
their efforts. Generally, however, they are an
honorable and whole-souled set of fellows as ever
brsathed. The sport is of the most manly ma
rure, and gives employment to large number of
men, who, by constant practice, become quail
fed ex pert seamen and pilots
One of the finest yachts is the Maria, sloop-
ngged, and just built, bv John G. Stevens, Esq,
Commodore OF the New York Yacht Squadron.
She Is l54 tons burthen, and sits on the water
beautifully and gracefully.
VERY LATE PROM HAvANA-IMpoRrANr RuMoR
We learn from Captain Brown, of the Spi.fire,
arrived yesterday from Key West, whence she
sailed on the 9Th instant, that fishing smack had
reached Key West from Havana, the captain of
which reported that British steamer had arr,v