The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-06

cNcIy polut VI view. Iy ~ Aldh VI hCuA1S
can be sure that If he should in the dispensation Of
Providence, be called to his final account, Instantly
will not be thrown the charity of the world. BY
pay ing a small annual amount of his income or
earnings, he can assure to his family after his de-
cease, competency, at least sufficient to main
tam them comfortably, and keep penury at res
pectable distance.
There is no country in the world, perhaps, where
this principle of life assurance has taken deep
root as it has in the United States. Hence we see
| so many life assurance companies, health assur-
ance companies, and various benevolent societies,
such as Odd Fellows, Order of Temperance, and a
| great many others too numerous to mention. Fo-
rigners are DESTROYS of participating in the profits
| accruing from the business, and hence we see
branches Of many foreign life assurance companies,
particularly English.
These life assurance companies, both American
and foreign, have hitherto enjoyed the confidence
OF the people, and worthy Of it; but we appre-
bend that the revolutions in Europe, and the very
| precarious situation which England is placed,
will have the effect, as it ought to have of weakening
such confidence in the stability of the English
assurance companies, and, in fact, in that ofall
European companies. The reason of this is obv-
Gus. The capital stock of those companies out of
which the losses paid, when they become due,
| belong to- and are based on that gigantic fabric of
credit, without any real basis, on which is founded
the English national debt. AS long as tranquility
lasts, confidence is unimpaired, and the value of
government stock, &c. is untouched; but let
revolution break there, and, If successful, the
whole edifice would tumble to the ground, and the
whole credit of the country, mercantile, CONNER
cial, corporate, and private, be involved IN one
common ruin. This is the exact position of Eng
! land at the present time. Fall she must sooner or
later-perhaps this year, perhaps next; but her
downfall is inevitable in the nature OF things.
All persons, therefore, who intend to have their
lives assured for the benefit of their families after
their decease, should ponder on these things, and
understand what they about. We have seen
recently that the European capitalists prefer in
vesting their money In American stocks, TO those
of any other country. They see that no European
stock is safe, because the governments are unsafe,
and are liable to be overthrown at any moment.
Our citizens should take heed and adopt the policy
! which the Barings have embarked in, by trusting
in no instance more than they can help to any
investments depending for their value on the sta
biliy of European governments.
LATER FROM MONTENEGRO AND BnAzns.-We
formal do Concrete, up to the 2Sth May, by the
Bremen ship Magdalena, from Rio Janeiro Quite
important news from the Argentine Republic is
| contained in them.
The dates are, from Montevideo to the 18th and
Buenos Ayres to the 10th May.
The French and English special Ministers, Ba-
ron Gros, and Mr. Gore, who had arrived at the
Rio de la Plata, had concluded to proceed with
their negotiations, Notwithstanding the change Of
affairs lii the government of France. They looked
on their situation and duties as special ministers
as being governed by different principles from
those which regulate permanent embassies, and
consequently determined to carry out their mis-
sion, notwithstanding the chang in the French
government.
The state of the negotiation as follows
After some days of vascillation, General Oribe
responded in writing to the propositions of the in
tervening powers
LIST That the Montevidesn government should re-
cognize and respect the person of General Orbe as
the legal President of the republic.
"a That General Orbe should annul all confsca-
tons OF goods and properties that have been for
political causes and which were in possession of the
government, and indemnify the proprietors Of such
properties should have been disposed Of
Sd That General Oribe would grant act of am
nesty to the natives of the country. and guarantee
the lives and properties Of strangers.
4th. That Notwithstanding this amnesty, those Ar
genuine emierants whose residence in Montevideo
might be productive Of uneasiness to the Buenos
Ayrean government, and thus compromise the har-
mony Of the two republics might be shipped to the
nearest foreign ports sent to such parts of the in
terror as General Orbe may determine, leaving the
choice Of destination to said emgrants.
5th. That all armed foreigners in Montevideo shall
deliver up said arms to a colnmssary appointed by
General Oribc
9th That General Orbe when he shall have rainea
possession of all his rights and shall consider himself
longer requiring the aid Of his ilustrous ally
the Governor Of the Arge milne Confederation promises
auxiliary No from hav
vously arranged with that govern ment the best
measures to withdraw them from the territory Of the
republic.
7. That this arrangement and the disarming of
foreigners shall take place simultaneously.
in addition to all this, the agents of France and
England were to raise the block ade of both banks
OF Inc river Plata, eyacuate the island Of Martin
Garcia, and restore TO the Argentine government
the vessels which they had taken and each saua-
dron was TO give the Argentine flag salute of 81
guns.
These demands of Gen. Oribe rendered the adjust
meDt OF affairs almost Impossible, inasmuch as
TIE INTERVENING agents, il Is said, are not an
thorlzed to admit The slightest alteration from the
bases LAID down Tor and presented by them, the
pure and simple course OF which Is the only one in
which the negotiation could proceed.
Another lnsuperable barrier was also raised to
complcate The affair
General Orbe sent an account TO General Rosas
OF the bases he had proposed. The conmunca-
ton was sent by the English steamer Har1y,
OIibe's private secretary Senior lturrapa beino
the bearer Of 1t, and directed TO make all explana-
tons. 1t was supposed the Harry would return in
three days but she did not for seventeen. The
answer which was then received covered 81 pages,
and contrary to all the expectations Of Orbe, Co
vernon Rosas denied his right to enter into these
negotiatlons-accus HIM of having broken exist
ing treaties, in which he was the principal bege-
rent and that his sole power was TO make peace or
war: Rosas further added that if, after these re-
marks of his, General Orlbe persisted in the line
of conduct he had commenced he would be guilty
OF the deepest ingraiude for favors received, and
concludes by declaring that he will not consent TO
the withdrawal OF the Argentine troops, and that
the execution OF the bases proposed 10 the inter-
yening powers would break up the alliance between
the Argentine government and General Oribe
1.-The above, we are assured" says the Coaserv1-
dor, Of Montcvdeo, els resume of the whole tran
sactlon." A letter, twas said, was also written
by Rosas, TO General Oribe requiring him TO com