The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-17

ciated, we refer our readers to the extracts in
| another part of the paper.
FINANCIAL RRvULsIoN IN EURoPE.-The fnan-
| clal revulsion now commenced in France, will
| be one of the greatest that ever astonishsd the
world, and will spread all over Europe in the
course OF a few months, affecting equally all
| those branches OF commerce in the United
States, which are connected with the old world.
The commercial and financial systems of the old
world have been more than two centuries in
reaching their present point Of rottenness and
corruption. The political revolution has merely
| anticipated, but few years, what would have
naturally taken place of its own ACCORDION the
financial relations of all Europe 1t has COM
| menced in France-in Paris, and from that coun.
try 1t will spread every where, and even to every
part of England The recent revulsion in Eng
laud was merely prsmonitory symptom of what
is now beginning In its intensity. All the bank
ers of any note in Paris, are gradually closing
their houses. and endeavorng to save from the
| wreck of the times, as much as they possibly
can. In fact, all the great bankers, 6nan-
eiers and merchants, have nothing else to
do, but close their houses and save a. much as
they can-and that may be very little-from the
complete explosion of the system of the public
debts, which will cover Europe with bank
| ruptcy.
Among the other curious facts of this revulsion,
which Is just beginning, is that of social revo-
lution in the habits and amussments of the peo-
pie All those who sported equpages and lived
in style in Paris, are economising and cutting
down. The opera is not attended, and nothing
but politics is discussed, and we should not be
surprised to see New York become the retreat
of all the most fashionable people of Paris and
London, as well a. of Grisi, Rubin, Mario, and
all great artists of the day. In fact, New York
will be the only quiet city In the civilized world
in less than two years. Here every thing is stable
and permanent Our political steam escapes re-
gularly twice year, and large lot of it escaped
on Tuesday, giving US peace and quiet fol-
the next SIX months The political steam en-
gines Of Europe are only beginning to operate,
and they are not understood yet; but they will
have to find out the manner Of managing them,
from the United States, as soon as possible.
| ELIGHTEN OUR DARKNESS, WE BEsKKcH THEE.
The disgraoefu way in which the streets
this city are frequently left at night, calls loudly
for amendment; and every suggestion that ca.
be made for remedying these ways OF darkness,
ought TO be attended to by the authorities. We
have a suggestion or two to make, which, il
adopted, will 60 great way towards removing
the evils thus complained Of. Let there be
erected in every new street, where lamps do not
now exist. iron pillars similar to those used for
gas lights, and at similar distances; these to be
furnished with small lamps containing spirit gas,
not camphnc. These lamps will not cost more
| fvo al, oi,bf a.
liquid gas, will not cost more than the common.
est oil, and will not, like oil, freeze in winter,
when most needed, and will afford a light equal
to gas itself. When pipes are laid in these
| streets, the Pillars will be in readiness, and
| nothing will remain to be done but to conduc,
the gas from the main pipes In the street to the
lamp ports. A further good will be obtained by the
saving of the wooden posts, iron frames, and
glass, which are at present yearly wasted. Thus
several tn pusand dollars might be saved every
year, and the midnight marauder thwarted, in
great degree, in his nsfarous pursuits.
MOVEMENTS OF THg OCEAN STEAMSHIPS.
Two splendid ocean steamships will leave ihii
port for Europe in the course of this week-ths
Hibernia on Wednesday, and the Washington
on Thursday. Both vessels are in excellent trim
and they will, undoubtedly, make excellent time
over the ocean all concerned in the Washing.
ton are sanguine of her making as quick, if not q
quicker, passage than the other. She has already
some thirty-fve passengers booked, and the HI
hernia has as many. Great interest will be fell
as to which of these steamers will make the bes
time, and we have no doubt that both will make
very short passages.
There are, also, two ocean steamers on theil
way hither-the Sarah Sands, which left Liver.
pool on the Sd instant, and the Acadia, which left
the same port on the sth-the one with nine day
later intelligence, and the other with fourteen
later than what we received by the last arrival
The Sarah Sands comes to this port; the Acadis
goes to Boston.