The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-12
Navigation or the OHIO River.
men NY MARKET.
Monday, January lie II. III.

MOnOay, january Ito Fs Ne
The severe storm, which has ragged throughout
tho day has suspended all outdoor transactions and the
markets are, therefore, unusually inactive Stock spe
culators parake of the general apathy and appear salts
fed to lay their and keep eye to the move
ments going in Washington 10 relation to the nsn'
cial operations of the government. Holders of fancy
stocks not anxious to frcs sales at present prices
the chances much greater in favor Of rise than
in favor of FALL that the risk of holding is locked upon
as being very slight When we look q. prices now
current fer such stocks Harlem, Norwich and Wer
cester Canton Farmers Trust, and might say Long
Island and compare them with those ruling eighteen
months two years ago. it must appear to almost every
one that there is very strong probability OF an improve
men the 6rst moment the slightest favorable change Is
realized in the condition Of our foreign Affairs our
mpre that tho proper elements at work tenlng
to produce speedily than we anticipated a few
weeks since, permanent improvement in eur public
affairs Our advicss from the scene Of hoties induce
to believe that the will be prosecuted with more
vigor than has yet been practsed and havO doubt
decisive blow will be struck at the root of Meri-
valor and arrogance than the leaders Of that mis-
guided people have yet experienced
1t is well that the Mexican Congress- has refused to
think treat peace until every hostile foot has clear
e Mexican SOIL and every vessel Tint lines her coast has
been withdrawn" II 10 better that should understand
distinctly at onoe what to expect from the Mex
when that doubt and uncertainty prevents from ma
king push forward armies and to place
ourselves in position to dictate such terms to this au
gust congress" as it now refuses.
Those intimately acquainted with the Mexican charso
ter expected nothing cse from this congress-" about
which 80 much has been said; and if our government
has hesitaed in prosecuting hostiltas TO the fullest
tent in its power, in expectation of the Mexican Cen
Grsss proposing sush terms would close the at
con6dencsin anything that in the slightest de-
gree Of Mexico, and whoever trusts q Mexican In sny
way shape Is a. sure of being humbuggsd a. the ri
sing and setting Of the sun.
Tho President, In recent message to Congress in
ation to the army &C., that he 10 anxious to term
nate the before the hot and sicky approaches
That season will be at is height in about six months
within which time the volunteer force ordered out vii
hardly reach the seat of Nearly six months " Ill
transpire before sufficient force to push
forward from the seacsaN to the interior, unless the
somite the coast compsls premature movement,
with less force than prudence would dictate. Asskly
season on the Gulf would reduce navy and
garrons more then the balls and bullets OF the enemy
What there is to do at Vera Cruz, Tampco Alvarado
and other places the Gulf by our navy must be done
between this and Juy -snd our army nov concentrating
at Tampco nlst before that time, be among the high
lands Of the interior, the way to the Halls of the
Montezumas. Last season was comparatively very
healthy one and cannot expect TO be highly favor
ed by old Yellow Jack another 1t is better to DO pre-
pared for the worst and then what good turns up will be
| much gained
The President wishes TO close the before the hot
We doubt his ability to do and have
Only doubts Of his being able to do this year but
next and the after that More than one scky
will vessels Of in the Gulf struggling
with death in every shspe with the furious blasts which
euguph our ships and sweep whole crews to destruc'
don-wh disease of oil kinds and OF the most deadly
character. more than even the acclimaed contend
against and with every other difficulty and danger
round;,v ,hsm-a few months will hardly suce to get
,ur f.,css fairly in field and in operation, and the
most operations both by and land will
.r.urs :. termination Of the After the Mexicans
have b.en defeated in every engagement they hnd
to contest after the cities towns and villages have
ham taken and fortified with American troops; az
a., the CAPITAL itself shall have fallen into hands we
have no guaranty of peace. We may be able to obtain
and retain possession Of the principal points Of the
try but will that honorable peace. We do
not believe that the government might call II the
Congress Of Mexico will negotiate in any way; and
In the event Of negotiations being entered into and
csssully terminated by the party in power at the time
what guaranty have shat the treaty will be respected
q ny moro than those which have been 80 repeatedly
broken1 The people of Mckee, as mass, are bitterly
opposed this airy; and do not believe that sDy
President Dictator whatever the head Of that govern
ment may be called any perty making peace with the
United States, would stand OF be in force twentyfou
hours after. Where there is no established government
TO treat with VIII twill lbe the result Of the hosies W,