The New York herald., 1848-11-25
ADDITIONAL FOREIGN INTELLIGENCE.
1J>~@>~~~1N>--~~~~|~N~~~
SPECIAL CORRESPONDENCE
NEW YORK HERALD.
&c. &c. &c.
Our London Correspondence.


ference to Foreign Popus-Br,tssh Grenadier
Stealing Money from one Of the French NJ
t,onal Guard-Deoth of the Rev. Dr. Vet
iesiey-D,stress Among the Operatives in the
MANI tacturing Disfricts---Ra huays---Lord
Brougham on the French Reuoiution and the
Press--7he Late Hsuyrectiom IN Ireland Ecomo-
my Of the Nations of Eutope-Visit of the Nj
tional Guards to LOUIS Pha,ppe-American
Steamers-Attempt to Dripe American Fisher
men from Canadian nVaters-Austria-Lreland
--BHgium-Shaye Market.
An underlined and vague gloom has attery been
peIvadipg the minds of most men, that events of a
disastrous kind are on the eve of bursting forth in
England. They are not anticipated to be those of
wild anarchy, claiming birth from chartist or
confederate revolutions, but the result of an un-
eound political, monetary and social system. Dis
ease, whether in the body physical or body poll
tic, invariably produces its effects in due time.
That the latter is an unhealthy state few but the
friends Of government will deny. AS evidence in
favor of this opinion, 1t Is only necessary to OBJ
serve the stereotyped phrase IN the papers, that
shares still show downward tendency, and that
they are dragging consols along with them. Turn
10 the papers OF the manufacturing districts, and
In them will be seen that limited sales, if any,
Tan ouiy UC eHcCttu vi iuCtoiiCo ehut uPs anu
it not entirely closed are running short time,
spreading bankruptcy among the traders, aud
misery among the operatives. For all this the
continental republicans are blamed. Some de-
Iaugement must certainly arise from this cause;
but 4 healthy state OF things existed at home, It
would only be limited in It's operations. 1t grand
State crash is inevitable, 1t IS not improbable the
l-eckes of the State will consider the present Pc
rod go6ssnd for such catss sstrophe. They may
take a page from the history OF modern traud, and
DIOft nv H.. The arttul dOOyer who has
risk hazardous speculation, and his liberty, IN
suIes an imaginary stock IN an empty house. Let
the flames once defy access, and his assumed
gnef will border on the frantic. The proof OF HIS
vlllany is buried IN the calamity II one over
takes government, they will protest It was not
brought about by their hands, but by The red re-
publIcans, whose anarchy has dried up the sources
OF commerce, by which alone it could i've This
may be true; but it must be remembered that
had 1t not teen for their malpracIces, the
Stale might have subsisted on less than half It's
resent allowances. Al present, no effort Is be-
ing made to prevent disaster no econclement
is being attempted between income aud expend-
ture. 1t is we'll known that the last quarters
revenue showed serious falling off from that of
the corresponding one OF last year, notwtlstdnd-
ing II included large sum realized by the present
duties, which nj entire y cease IN February.
Then there was the borrowing lately OF two mil
hone, to make up past dehciencies; ; and, II pre-
vallng rumor is to be credited, another two mil
lions nave been borrowed on the sly, by the Chan
celIor OF the Exchequer, from private parties,
through the agency II the bank directors. Inc
slmpletons OF the press pretend TO wonder why
cOnsols should drOop IN The absence OF any I'M
poItant foreign events. They may know how
near home the real cause lays, but fancy they can
blind the capitalist. This gentleman, however, IL
rather wide awake 10 his interests not to scru-
tInZe passing events aud the conduct OF public
men. He knows well that the imperial treasury
Is in desperate condltlon, and that Its guardians
are, from matters OF necessity, about playing a
desperate game. There Is still money In the coun-
try 10 buy consos, and to give better price, did
circumstances justify II; but they do not, and
their present position proves 1t. The value OF
mdAey is low for safe spe eculations, the bankers
are offering their spare cash to the bill brokers'
short notice, at two per cent, which they decline;
and fiist Fate paper Is freely discounted at
tnfiing advance on the above. The truth Is,
neither government securities nor railway shares
anything like safe investment. The ex-
pepditrre oi the State is enormous In maintain
lay the present system OF tyranncdl government
in Ieland and elsewhere. 1t is blessing that 1t
must, ere long, come to an end, as matter of ne
cessIy; for, otherwise, 1t never Will. paltry
economy will have been carried out, before the
present Communication Is closed, by the dismiss
sal OF thousand men employed In constructing
the new houses Of Parliament. This Is beginning
at the wrong end, with a set OF poor Creatures
who VIII be tn rown destitute on the world at a
desG Sc asOn. 1t would be matter OF easy ac-
compiishment to select ten State pensioners, who
have never, by labor or service, earned them,
whose incomes would keep all these usetuliy EN-.
rloyed. The same mt an pocy Is being pursued
III some of the dock yards. Poor artlZdns
and aborers are being dismissed, whilst the drones
Iemain 10 hang and tltten on the vitals OF the
people Tne ministry, however are becoming
alarmed AT their position, and cabinet councils
held day BY day. IL their dilemma, II is reported
they have appisd to SIR Robert Peel Tor his ad-
VICE, and he, with an honorable candor, at once
replied that the oay plan to meet the difficulty
sslsts scoflly, was az once To prune the pension
list with vigorous hand. IL shared the tate OF
nearly every attempt III advce-,t was unpala-
table The assembled prlvy council, oa learning
H., ul lx,n nv nj - all
of them State ie.cues IL Is, therefore, hope
lees to expect any voluntary change tor the bet
ter from such men. These are they whose prdc-
tees and professions are so widely antagohistic.
They are the traitor cOnspiratOrs VINO punisn the
Irlsh rebels. They the men VINO have be- |
slowed on their tool, Mr. Thomis Young, neary
ten thousand dollars a year as Receiver Gehefdl
OF the Post Office. ana the otner, the lawyer,
Parkes, twenty thousand dollars year, as a taxing
Master IN Chancery. GA tue one hand, they re-
ward traitors by places ut enIolunelt and trust,
and on the other, BY sentence OF death OF trdu'-
por'alon Tor lite This is not justice. and with
out II, Stale cannot long stand. And yet the old
hooDles are preparing tor meddliDg and mischief;
tor at Portsmouth, ght large wal steamers have
been prepared tor Imme late service, along with
the Biikenhead steamer .or conveying troops /;
and at Shee erntss, two more are ready, with the
Encounter screw soop. Where Is their Intended
destination is not KNOWN but IL Is more than pro-
BILE that II IS the Mediterranean.
IL Is evident IA It the English power Will soon
begin 10 wane there, should Austria shake oil her
present despoilc ruler, or bersse her INSTITUTIONS
Ii Is possible that the Eughsn cabinet intends,
il c1isls comes, to support the King OF Naples
aid tie Emperor OF Austria against the F,ench.
Ihs opinion is much strengthened by the fact
that an immense establishment Is now being Land
out in Malta for the construction OF steam-
s,ps and engines The nominal proprletors
of this concern are Mandsby, Sons, " Feid,
the eminent London. engineers, who have at
ready sent large number OF workmen 10
erect the manuiac,ory The real proprietor,
however, is the government, who, the pursuit
OF It's usual WHY policy, seeks to keep French sus:
pclon and jealousy in state OF quiet repose I'LL
u can throw of the galb of disguise with impu-
nifty. IL is not only for the purpose OF maintaining
the present continental despoisms that these pre-
paratlons are being made, but also to keep open
the passage through Egypt to the Indian possess
sIons of lhe English CROWN. Were this shut nr. II