The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-12-07
NEW YORK HERALD.
The metiing or Congrsss-The Importance
OF It's Proceedings.

most important session Of Congress ever held in
The United States, since the signing OF the DECLARE
hon OF independence, commences this day al the
capitol. Other sessions have been held, which
were, no doubt, OF the highest importance, as far
as The domestic affairs OF the country were con.
eerned, and that too within few years, but in
the present session oil the great principles which
have distracted the country for a number of years
past. will agitate the present Congress with in
creased force and vstsmence.
The wings will no doubt lead the assault, arm.
ed oap-d-pis, with protests facts, figures and ar
giments, to prove, if possible, malfeasance on
the part of the Executive in the Mexican war :;
and although there is doubt that they will readi-
ly second the exertions ofther opponents IN trying
TO bring the war TO close, they will do so
under protest, and without disavowing the prin-
ciple they have established. that hostites might
had been avoided. Will, they vote supplies for the
army and navy for terminating the war, they will
hold the administration accountable for CON-
mencingit as they say they did They will then
follow up with agitating the repeal Of the tariff,
which they will disturb as much as possible, not
withstandipg the majority in the present Congress
In favor of that measure, is so large as to forbid
any hope Of repeating the act of 1916 during this
session They will agitate it for the purpose OF
making il test question at the next Presidential
election They will likewise agitate the repeal of
the sub Treasury on the same grounds and wi
the same view; and they will make as much
capital possible out OF the veto ofthe river and
harbor BILL for the same purpose Of introducing
bills OF similar nature, and in other respects
trying to weaken the strength of the democrats in
the opinion of,he voters throughout the country
Thus II will be, agitation, agitation, agitation.
But the great battle Of the session will be
fought on the extension OF slavery. This will be
incidentally brought up when the question of
establishing territorial government over Califor-
MIA, New Mexico &c SC. shall be introduced.
All the force will be expended Oh this question,
and their whole artillery will be brought to bear
against the dominant party on this point. If un-
successful, the wings will make an issue, bearing,
like the others, on the next presidential election
The position of the democrats, it will be seen, is
not very enviable one. They will not only have
orepe the assaults oil the whigs but be obliged to
conduct the war to an honorable peace. With
one hand they must fight the Mexcans, and with
the other the wings. They will be obliged to
ward of fire IN front from the Mexcans, and
fire in the rear from the wings. For the purpose
of successfully resisting these two foes, they must
husband their strength and resources-be united
and harmonious among themselves. They must
individually sacrifice every thing for the benefit
of the party, and if at the end OF the session they
come out victorious, they will accomplish won
ders. But their paws must be huge indeed, and
strong to ward off all the blows.
1t will be seen, therefore, that we enter on an
important period in our history this day. We
begin new era in the history of republics. There
Is, no doubt, patriotism enough in both parties not
10 let'the interests of the country suffer. The
great question to be decided this session is the
succession TO the Presidency; and the more capt.
ial the wings can make, and the better and more
firmly ihe dsanocssiA csn maintain the ground
they at present occupY, will, at the end of the
session, be a proognstc of theresul, of the cam.
paign in l84S.
The Presidents Message will, probably, be de-
iivered tomorrow. and be published in the Nas
York Herald of Wednesday morning, or before
perhaps tomorrow evening.
The Foreign Nevvs-Amesiean Affairs in Eu-
rope-Decline In American Produce-specu-
iators Defunct.
BY the arrival Of the steamship Caledonia at
Boston, from Liverpool, we have intelligence
from all parts of Europe fourteen days later than
that received by the previous arrival.
The news is not only interesting politically, but
in a conimercial point Of view il is highly impor
tant, although by no means encouraging to the
principal interests of this country The press of
Great Britain appears to be much engaged in dis
cussing the affairs Of this country particularly in
relation 10 our war with Mexico There is evil
IDENTITY disposition to place the position of the
United States in the most uniavorable light, and to
ridicule our attempts to conquer peace with
Mexico. We do not envy the spirit which die
tates such course on the pant of those most bit
ter in their prejudices towards the " Grand Re-
public" as it is produced entirely by the rapidly
with which we are not only extending the princi-
pies Of our government, but the immense acces
sions we are making to our territory. 1t, however,
makes but little difference what the tone of the
English press is in relation to American affairs
We are rapidly approaching the highest pinnacle
of greatness, and all the attempts of the mon
archical governments OF Europe to arrest or
retard our progress, will only accelerate our
advance.
The Mexican war will be brousb, TO
an honorable close in time; and soon
peace is again permanently established, we
shall have mo obstruction TO the greatest
prosperity. We have become the granary of
the world, and the people of Europe must look
TO us for supplies. In seasons Of deficiency tho
starving millions of the old world must derend
upon us for food to sustain life. Our shores have
for years been the asylum OF The oppressed popu-
lation OF the world, and thousands annually land
among us, seeking that freedom of action and of
thought their own governments deprive them.
Our advices in relation to the markets of Great
Britain are not Of the most fattering char acter
A decline in the price of breadstuffs IS nothing
more than we anticipated, and what we have
repeatedly predicted, but there must be serious
losses experienced by those who have been fool.
ish enough to speculate in these articles The
falling of in cotton was anticipated, and the de.
cline having been much less than In at looked