The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-05-15

bronze statues Of the house OF Bourbon were
thrown down, beginning with PhilipV V. That OF
Charles III. alone was spared, because he a
just prince. The statues are to be converted into
cannon. A French squadron, under Admiral Bau-
dn, had arrived at the Spezzia. At Naples the
KING was becoming so unpopular that bouleverses-
ment seemed inevitable. Lord Mimic, it is said,
has LETT Rome on his return back to England.
Threatened Revelation In Spain.
In spain matters seem fast progressing towards
an outbreak The utter absence OF all constitutional
government must soon provoke the people to rebel
hon, however attached they may be 10 their present
forms OF government Lord Pal merson has address
ed letter to the Spanish Ministry, by which, with
the reply of the Duke of Soomayor, it is seen that
his advice gave such umbragc to the Narvaez Cabi-
net that the Duke of Sotomayor sent the letter back
to Mr.. Bulwer, with strong expressions OF rudeness
and contempt; and there be no doubt that every
intrigue has been set on foot to remove Mr. Bulwer
from his post at Madrid. The advices from Madrid
indicate that the month will not expire before Sc
rous outbreak, All business is at stand; and the
opinion is openly expressed in well-intormed quar-
tiers that there will be war to the knife, and that
Spain will be shaken to its centre, unless the army
settles the matter by pronunc,aniento. In such an
event, who has the Spanish Queen to turn to for
sympathy and support but to England!
Madrid was tranquil on the 22d ut.
Anticipated Trouble In Portugal.
According to the last accounts from Lisbon, which
are OF the l9h Portugal seemed to be on the
of some serious movement. Publications have
been extensively circulated, in which are openly
canvassed 'the abdicaton of the Queen in favor
a republic" The latter form of government, after
discussing the question IN very ln1ammaory lam
guage, Is ecared to be the best, and that the ma
ton desires it. When such language this is
held in monarchical Portugal, it porends something
ominous. The finances appear to be in a most
wretched state.
Affairs In Ireland.
The Limerick Examiner says-'There are at
present 100 spies in the Lying-in Hospital, Boher-
buoy, and about 10 In the police barrack. They
are daily seen providing about the streets; the peo-
pie should beware of them, lest they may entrap
innocent persons. 1t is, we understand, the inten-
ton OF government to freight ship, and send them
TO America. The country will have happy rid
dance of the crew, at any cost. We cannot, how
ever, prospectlvely congratulate America on the
immigration of the vagabond wretches.''
The Limerick Reporter bears testimony the prof.
cheney of the Rife Club of that town -
VINO were nOs gsea
hit the mark every time-the distance one hundred
yards few of the soldiers were present. and took
part in the amusement.
RATHKEALE..-The people here attend rifle practice
every evening Plans ofpkes are posted up for the in
ly mustered in some instances made gallant captures
Of these paper pixies
purchased openly from q man named Flanagan, 80
Charles street where they are publicly sold.
Az Hyland's, the smith, pike maker by appointment
to the Castle pixies sold from shillings up to
ten. Some Of them are of superior workmanship.
LIMERIcK.-The Limerick Examiner states that not
1000 miles from Limerick 5000 are nightly engaged
In pike exercise 1t also mentions incident similar
10 those adopted IN '9S; comm was brought car
into Limerick and woman weeping it; when tho
journey was finished the lid was removed, and not a
body but plentiful supply Of n arms mas were taken out
In sharp practice here-the targets, rude sketch Of
IN. Conx-From Youghal t. Malow. from Cappoquin to
Clonme nothing spoken of but rifle clubs and pixies.
At rifle club at Clay Castle, 1000 persons were
present.-Cork Eraminer.
John OConnell has addressed a long letter to the
Lord Lieutenant through the Pilot, informing him
that he withdrew his signature from the Downshire de-
IN IF rfoftn Of fhof
document to his Excellency, and not to her Majesty
in person The hon gentleman also says, that if his
excellency will arm the professionals he Mr.. O'Conne
will recommend the catholics to arm.
The European Times of the Goth. says-Whilst We
are writing the intelligence reaches US that the Crown
has entered nole Prosequi to the bills found against
Mitchell by the grand jury, and has proceeded by er
o6ieo information, charging him with the publ
cations as those charged by the grand jury The same
procedure has taken place with regard to Messrs. o.
Bren and Mcagher 1t is also rumored that the privy
ed, and immediate search made for arms. 1t, how
ever, wants confirmation.
Additional Failures.
Hase Lafontaine .smryns consta ntsrar
Leble. Dusmenil, merchant. .Havre
Pope Co. bankers Berlin
Wander Beck J. c., manufacturer. :. .Elberfeldt
American Securities.
From the London Daily News.
The New York papers, by the United States packet,
at Liverpool specializing upon the general disorgansa
ton Of governments and credit in Europe atter them
selves and their readers that in there must
be rush of all European capital into the Union for
investment in American loans, stocks and shares of
every description because in the republic alone to
be fou nd those conditions of security and order which
must be wanting in the old word for persons and
pery. The Secretary of the Treasury would seem to
be partially also of the opinion If in that
may be Interpreted his intention to put up, by adver-
tsement the loan for 100000 Of dollars recently
authorized by the Legislature for bddings in Europe,
in this capital at least 1t is somewhat strange how
ever that with such convictions if convictions they
are the capitalists moneyed classes of the United
do Rerlv m
nopolse loan Of an amount too moderate to be I'M
manageable, and which TO their thinking IL sincere,
should be so readily dposablc in Europe most eagerly
contended for indeed at such premium profit rates
they might choose to be content with
may chance nevertheless, that government, jour-
naists, and the American public will find themselves
wide of their reckoning in the mater. There
such of capital lying waste in Europe with
anxious to risk them the Atlantic, they
are pleased to imagine. European capitals have dis
appeared in the wreck of revolutions, financial rcck
lessness and industrial social disorgansaton. Capt.
talists, whose number almost was legion have dis
appeared with them. These vast capitals were mainly
embarked in values represented by public credit and
of no intrinsic worth but what such credit commanded
in the open market. Take the public debt of France,
embracing with Treasury bonds and the general debit
Of depots and consignations, gross engufmcnt
$50 millions sterling-where is that capital now, and
what the position of most of the great capitalists
promised chief creditors Of the State That debt,
and those government securities, would be vastly
aggeratcd at the rate Of so per cent upon their num
nal value now. Not half million sale could realise
so much And yet three months ago they could be
aaed to any conceivable extent at 80 or 40 per cent
then actual quotations. Thus in one European
instance only capital has been cut down OF rcalisa
BILE proportions by 125 millions sterling at least Let
the people and papers of the United States not de-
ccive themselves The securities they tender not
the more but the less priced because they offer much
grcatera double rate Of interest than those of this
country. Foreign capitals such they left will
rather still flow into the British funds at 81 per cent
than into United States stock yielding per cent
Fashions for NIny.
[From the London and Paris Ladies Mag. of Fashion
Very elegant materials in for evening dress,
brocarts with large patterns in orange color having
candelight the effect Of gold; others of black
grounds. with wrcaths of o mixed flowers of
Snowy color ondcs satns and gauzcs sprggcd in stars
Of gold silk reps brooches &c. Sky blue and violet
are the prevailing colors; pale blue for young ladies,
IL a.rioln In paora alv finr