The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-11-17

THK SECRETARY OF STATE AND THE SrocK Joa-
nERs. We doubt whether, at any time in the
hit,ory Of the government, its diplomacy has az
fordtd such harvest for the stock Jobbers, the
bulls and bears, and Lame ducks, Of Wall street,
as the diplomacy of Mir Clayt ton. II he had been
re,t,oys oim,nis-associettd with the shavers
IN the iancirs- be could scarcely have played
mere adlony into their hands. The p,l,ry panic
"potup" IN The North american, on the heels Of
the "a, lo,ion with Poussin came like a chill upon
stockt, for time, and every other question, great
or smaI which our bungling premier mas at
tmped to hsbdlr, has gwen some occasion for.
olstrus, and .urPicon In the money market.
The l,rg piouact,d Dispute ON the Northeastern
boundary, wore very wahke aspect at oae time;
but Mr.. Webster, without much fdss or disturb
suc., ,outrly,d TO br ~ the mater To a settlement
So Of he Mcleod case, under John Forsyih--so Of
the Oregon qu-,uen, uncer Mr. Calhoun aud Mr..
Bu, hrnun, upon which il was thought that war
was Inevitable. Thu, the stock market wis
stpsibl, affected. durng The agtsiion, upon every
one At ib,se disputes; but We venture to say that
Thy GO not afford on example to the mystery aud
uncertainty Which are ieltby thr nerclal world
interference to our for, ign AFFAIRS At this moment.
i, ndibg the Mexican Wharf.-The 6araion Of which
mIsbt be Elk months or ten years, and the end Of
which no man could fofesee-ther was less u
nisuust of The result than exists at this time in
rgaId 10 our affairs with ENGLAND and France
The difficulty with the French government on
The tobacco end salvage cases-a mere piece Of
mo,ns biut-a iriile, scarcely exceeding the value
si Eve ihoussod dollars, ali told is accord ng to
our Let advices from Washington, becoming a
serIous silaIr. FROM the mere b,ndying OF words
between Mr.. CLAY Mr. poa-sin, and NJ de
1ocqueyille, upon silly puncto, the republics
81 the United states and France are at dsgg-rs'
roitis--eos mercial men are IN doubt, and Jobbsrs
IN ttocks are alone making profit upon the
hunlbug
But II Mr.. Clayton has been so utterly incom-
pet,bt to sttie, without quarrel, the salvage and
tobacco care, What are We to .alect 10 regard to
Nicaragua This is no bubble--no piece of moon
shIu,--uo fic,cglous bspattile, upon which to
,wsge,r Ike Fnls,ah, aud blus,sr lie the ancient
rspL ltiss lsll able Ihipg-a make d question of
yes orrc. Something DoI, IA here required than
WINDY JompotIl, which ,lunles its-lf upon its
oignty, hke militia ms;ur rsn any man tell
how MI Cla)ton is io ct ont cf this scrap~,
without backing cot, or fighting OUT Il is pretty
clear That he would Ike TO get out of it IN some
ether wsy, f II could be done. IL there no
chance
But. strously, wat with Fr,nce and Eoelsnd,
W aIe 10 a pretty sit,stIou. The questiorA at
issuc ale not suhcis ior war, if property managed;
bur tie esr ". that, with many IRONS IN the ira
onr bunplnR sniihy will bum his 6ogcrs /, i-
ihis uisrust 81 hls incapsrIiy which renders our
mosi ccts 81 ,esce 80 uncertain. aBd u well cal
ouaitd ~ excite alarm snopg commercial n,sn
But cur Seeutsiy's diplomacy IL the very ihiug
for the money shaverp. T" # IS al vi wind that
bl,ws nobody any good"