The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-01
Actual Circulation or the Herald.


Az =. o. n.ssaon q ~ aoains raon Il Il: HraM com
s1Ssa s e. s an saes a.
renced at o'clock and finished a. mn.s. before oclOcs
The Foreign News--Arrivai Of the Niagara.
BY the arrival OF this steamer we have seven
days later intelligence from Europe. The political
accounts are exceedingly interesting, bat not very
Important ab1oa soihao or3a wat yod
o Irish affairs were quiet. The rebellion has been
efectually put down, the leaders arrested and in
close confinement, and the military still actively
engaged in securing the country in pursuit Of all
IN any way tainted with treason. This appears to
be the termination of all peaagitation In Ireland
at least for the present, The convection of Martin,
and his sentence of transportation for life. lis evil
deuce of what course the government intends pur-
suing lnthe premises, and the probability is that all
the prominent prisoners WILL upon conviction, be
most summarily disposed of. New, arrests of
chartists have been made in England, and every
demonstration against the government IN every
part of the kingdom, is at once crushed and the
actors Immediately confined. "A few weeks have
changed the complexion of political affairs in Ire
land most wonderfully, and destroyed the hopes Of
those who sympathise with the oppressed people of
that Inflated country. While the political regene-
ration of Ireland has been receiving its death-blow,
Its social condition has become decidedly more
unfayorable than anticipated. ! The destruction of
the potato crop, and the injury the grain crop has
sustained by the wet weather, will spread starva-
ton every direction, end increase the distress
and suferlngs Of the people to an alarming extent
Amidst the preparations for political revolu-
ton the destruction of the crops was not dreamed
of and the lapse of few weeks would have put
down the rebellion as efiectually as the physical
force Of the government. Rebellion still exists in
the minds Of the people as rank and as deep
rooted as ever but, in the face of famine, of an
immense standing army, of the disappearance Of
their leaders within the walls of prison, we
cannot expect further open demonstration, but a
prudent subnisslveness, calculated 70 hull the GO
avernment into afancied security, and the removal
Of those precautions which alone RESTRAIN the
masse Such is the present and probable state
of Ireland, and the excitement which has been so
suddenly created, will as rapidly subside, and
Our sympathy will move in as deep, but more
quiet, channels. a ~ ~, ,'"ol sed gg-e29o
a. Continental affairs remain without much alte-
ration. Italy appears to be distracted with her
internal difficulties and the defeat of her armies
The Schleswg IIolstein business is virtually set
tied, and the German empire appears to be APP
preaching peace and permanently. France ex-
hbits no disposition to involve herself in the diff
cuties of the surrounding nations, otherwise than
as mediator; and the probability is, that England
and France will interposei their good Offices for
the speedy and peaccable settlement Of the Lom--
hardy question. N niHiqep ,aDdongd ia .s3h go.
za In aocommercial, point OF view, the news Is
highly Important, as much so any we have
ceived for months. We 'allude particularyto the
condition of the crops, and the probable deficiency
in the haryests, The most Responding and alarm
ing accomts relative to the potato crop reach us
from all parts Of the United Kingdom, and portions
of the continent, and the advance in prices re-
ported in the corn markets, Is conclusive evidence
of the fears already entertained by dealers gene
rally. The Bank of England has become alarmed,
and our next accounts viii probably report an ad
vance in the rate of Interest Quetationsfor cot
ton were exceedingly firm, in the face Of the ad-;
vices regarding the crops, and full supply of the
staple We notice increased activity in the ma.
nufacturing districts, and an augme NATION of the
number Of hands employed, and the number OF
mills In full operation. This, with the improved
export demand for cotton, sustained prices for the
raw material oooqt 4 t,fco1,a '." ', .s 90 d"
u nConsols were heavy at previous quotations, but
The money market still continued easy with
more active demand from commercial sources
This is indicative, Of an increasing confidence
n mercantile circles, and a disposition to extend
transactions in. the staple articles Of trade. On
the whole, the CONNIE rcial accounts are favora-
BILE for American interests; and we have no doubt
but that they will not only be confirmed, but be
more encouraging, by the next arrival. nj ~
q The NKws Boy AND THE NiAaARA-The news
steamer News Boy boarded the steamship Niagara,
Capt. Ryrie, at quarter before four o'clock yes
day afternoon, fifteen miles east ofthe Light Ship.
She was not announced to us, by telegraph, till
nearly halipast O'clock. Our thanks are due to
Capt. Ryrie for his kindness in throwing our par
GELS Immediately to the News Boy The passage
OF the Niagara is the shortest Of the Cunard
steamers, 1t was a little over twelve days
! The GRAND FANCY DRESS BALL.-The grand
fancy dress ball of the season took place at the
Ocean House, Newport, r. L., on Wednesday
night last 1t was spendid-a magnificent, affair.
We understand that several descriptions of the
ball and the dresses were sent from Newport, in
OF the event but from what we hear,
they are not reliable reports n
SWORD PRESENTATION TO GENERAL WORTH
We have lengthy report in type, of the speeches
and proceedings on the occasion OF the late sword
presentation to General Worth, at Hudson, but In
onpeo,uanco ~ Tho :, a,ya from Europe which oc-