The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-06-05

com n CIAL AFFAIRS.
MONEY MARKET.
Sunday. June 4

sunday, June 4-6 II. Nj.
During the past week there have been two arrivals
from Liverpool-thc United States, at this port,
Wednesday, with four days later and the Niagara at
Boston, Friday, with three days later intelligence
Advces by these arrivals only important in their po
tical aspect and they in this view favorable The
success of the legitimate of France in put
ting down the radical demonstrations after the
mob had taken possession of the National Assembly,
settled at its power and gave the Convention
opportunity of arresting several leaders, whose liberty
endangered all peace and good order in the capital.
If these leaders summariy dealt with, it will in
timdate those still ut large nd those clubs and
put down those organizations, which many foul
ulcers upon the body polite France has passed the cr
sis Of repubicansm She has passed through the
raj stages necessary before a healthy condition be
reached and hereafter, in the event of her pro-
gress being slow it will without doubt be steady and
permanent. Her onward will be closely watched
by all the nations of Europe, and with much interest
by the people Of this country We have an abiding
confidence In the ability of the French to establish
republic, and not only to establish but to preserve IL
inviolatc. 1t is question whether the proximity
Of monarchical and republican institutions will be
fatal to the existence Of the first the astwhcthcr
liberty Of speech Of action and universal franchise,
will exist in close contact with the government of
kings nobility restrictive operation of represc
power and of the voice Of the people in the choice Of
their rulers 1t has been frequently asserted that the
success of republican institutions in this country
the result of our geographical position than any
thing else; that beyond the influence Of tho
monarchical institutions of Europe, and were, there
fore able to establish and consolidate and
liberal form of government 1t is doubtless true that
this influence might have been fatal in the infancy Of
this government, when the population small and
lmited-whQu
moro for designing mon to have subvertcd
the object the trainers Of constitution had in
view, and to have built up a powerful anti repub-
lican party; but position favorable for
the establishment of government entirely indie
pendent Of all others the face Of the earth that
Its success fro the commencement, doubted
by those participating in and enjoying its perfect and
liberal provisions and by the statesmen Of Europe who
could dvest themselves OF preudccs against any form
Of government but their own Our isolated position
freed from those inrigues which opponents CONT
nuay carry to destroy what they considers political
evil, and were left to work out salvation.
Whether France will be as successful have been,
is yet questonone that cannot be settled for many
years. but the power and internal Of that
ton are immense to what when rebellcd
against the rule Of kings. France has population of
thirty-hvc millions of people, immense army and
navy. and is in full strength and maturity; and the
condition of the two countries, upon the adoption of
| republican form of government differs more widely
than the geographical position of CHI and France Is
better able to resist the political influences of the
narchical powers with which she is so closely connect
Cd than at such period In political his
tory The progress Of rcpubcansm in Europe gene
rally has not BEEN recently very rapid The hostitics
in which they engaged, have attracted the public
mind to other matters and the appear to hay