The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-15
Arrival OF the Cambria-Elighly Important
News from Europe.


Arrival OF the CambrIa-Highly Important
News from Europe.
In another part Of to-day's journal will be found
a summary of highly important news, being eight
days later, brought to Halifax yesterday by the
steamer Cambria, and by telegraph and express
from ST. John to this city. The steamer herself
will probably arrive this afternoon, or late in the
evening-in sufficient time to enable us to give full
particulars and details either tomorrow morning
or in the Sunday Herald
This news, like that which has preceded it for
the last few arrivals, and that which will probably
follow for some time come, is of great impor-
lance in every point of view We particularly call
attention to the brief description of the first meet
ing of the new National Assembly in France; the
character of that Assembly, which, when fully de-
veloped will give tone to the direction of events
in Europe. 1t appears that nearly one-third of the
Assembly Is composed of decided democrats, or
republicans, varying in some respects on social
questions but all united on the question of the
foreign policy of France as regards Italy and
Germany, and the necessity of the French
government assuming it's true and natural
position in the great crisis through which
Europe now is passing. The majority of the new
Assembly is composed of every shade of moderate
opinions; but the days of moderate opinions, in
France and in Europe, are rapidly passing away
If the President of that republic do not very soon
adopt policy towards the popular cause in Ger
many and Italy, homogeneous with the natural i'm
pulses Of the French people, he will soon find him.
self in very awkward and unpleasant predica-
ment. Look at the situation of the French army
in Rome! General Oudinot is left helpless, and
H. a.
animated with the same republican sentiments
with which that nation is impregnated, will not, it
seems, march against Rome, or lift their hands in
hostility to sister republic in Italy. In such a
condition of things, the large minority of over Two
hundred votess in the new Assembly, acting
by one impulse and one energy, will soon be the real
republicans of France, and will command and
fore Louis Napoleon to adopt their policy, their
measures, at all and every hazard.
According to the accounts from Hungary and
Austria, that noble people, the Hungarians, still
maintain their position against the Austrian forces
We cannot find, in our dispatches, any statement
confirming or explaining the rumor, which We re-
ceived by the last arrival of their having achieved
any important victory over the Russians. 1t seems
however, that the Hungarans have made them
selves masters Of the important post and fortress
of Flume, sea port on the Adriatic, nearly oppo-
site to Venice, and THE principal port of Illyra,
south or Trieste. They have, also, 1t appears,
taken possession Of Beuda, on the Danube and,
thus far, their cause seems to have gained
ground, notwithstanding the powerful armies
which they have had to contend against,
aided and assisted by the Russians. The In
terview between the two Emperors, at War
saw, lasted only one day-so important are the
events in that part of the world. What has been
decided upon, of course cannot be known; but
unless the French republic assume proper position
as the vanguard of liberty and popular rights in
Europe, and thereby raise all the liberal masses
throughout Germany and Italy to assist and aid
them, it is very likely that the overwhelming and
united forces of Austria and Russia may in few
weeks or months entirely master Hungary, and re-
duee it to obedience and ultimate slavery. The
course of events on the continent of Europe-war
in all parts-wll now depend on the new National
Assembly sitting in Paris. They can give direc-
ton to the history of Europe for the next century
Our accounts from the North of Europe, and
England are less interesting than those from France
and Southern Europe. The Danes aud the Ger.
mans are still fighting, without any serious result
In England matters to be quiet. CONNER
cla affairs are vibrating, sensitive, and depending,
from day TO day, on the political movements going
on on the Continent. One of the most striking
features Of the is the growing advance in the
quotations for American stocks in Europe, ind-
eating, it does, the unsettled condition Of public
credit on that continent, and the attention which
capitalists giving ts the safety and advantage
BUSINESS of American securities. The American
republic, in the present state Of the world-at peace
with all nations, prosperous and growing at home
is the happiest country under the sun /; but our
people hardly realize their own comforts and their
own happiness, so wonderful is all around them.
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