The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-18

voRsAA Ncrs. &c
New Yorn. Thursday, October IS, Is4S.
Arrival of the Niagara at HaIifax-H highly
important from EurOpe-PrObabie War
between Russia and turkey.
Last evening we received, 10y telegraph and ex-
press from Halifax, accounts OF the arrival of the
Niagara steamer, bringing dates to the 7th instant
from Liverpool The commercial news Is inte-
resting, and the political intelligence decidedly I'M
poItant
The refusal Of the Turkish government to de-
liver up the Hungarian prisoners at the demand OF
the Emperor of Russia, has thrown the latter into
warlke position towards the former, and re-
yivod the prospect of a war between Russia and
Turkey, on great European question. The Car
has broken of all diplomatic intercourse with the
Porte. The governments of France and England
have probably taken sides with the Sultan. We
doubt whether a war will at once spring from such
complication; but If ii should, the sympathy OF
all the liberal party Of Europe will be with the
Sultan. IL Russia, at such juncture, and on
zach a pretence, should levy war against Turkey,
anew arrangement of hostile principles and powers
will start into being at once In the old world.
The other news Is of little interest. The arrival
of the mails of the Niagara, will give US further
light on this interesting and important intelligence.
The Approach hing Election, and the Slavery
Question.
Itisvery evident that in the coming election
there will be great struggle between the wing
and democratic parties, for the spols. II Is evil
dent that the contest will not hinge entirely on the
question of the cabinet, the policy of the adj
uinistration. The imbecility of the bungling con-
sern at Washington, is admitted on all hands. It's
uter inefficiency is established to the satisfac-
ton even of Truman Smith, the good man Friday
In its electioneenng business. Nothing is more
distinctly proved than the decrepld feebleness of
this cabinet, excepting perhaps, their huckstering
rerversion Of the policy of the inaugural address.
These are settled questions, and will not, there
ore, hold the most prominent place in the contest.
The issue is assuming new form, OF an old form
re-vamped TO suit the occasion, of which the con-
trolling feature is the slavery question The body
Of the Van Buren, free sollers Is united with the
old bunker division OF the democrats, and the only
chance Of the wings depends upon their catching
the floating aboliuonists The result is, that the
excitement against the extension OF slavery will
be aggravated, and that both parties will submit
10 the ultra concessions OF abolitionism. The
war against slavery will be more reckessly prose-
cuted; for the spirit of hostility TO the South is
becoming more intensely hostile than ever. We
have the evidences from the journals Of both par
ties. The Erening Post afiectlonately embraces
The old hunkers as converts to free SOIL, and the
bunker organs, if they do not directly acknow-
ledge il, give it their silent acquiescence. The
consequence IL, the antl-sa'ery sentiment becomes
virtually incorporated the creed Of the party,
and its position antagonistic to any compromise
with the South.
L. Il. al al
where from the unpopularlty of the cabinet, and
its miserable policy at home and abroad, are driven
10 the hardest necessities. They are ready to
take in all the nng-s,reaked and striped of the
abolnonists, on their own ternS Every fanatical
Ioafer in the highways and byways, is good
enough Morgan for the election" They will out
Herod Herod-they will take the antI-slavery plat
form from John Van Buren, himself, and widen it,
TO accommodate all the rag-tag and bob-tail Of the
abolition societies. They want voters, and must
have them. And thus we find both parties driving
each other to exiremities-each contending for
abolition votes. Massa Greeley is taking definite
ground, and the policy Of the party is to be, re-
si,tance to any compromise with the South in
New Mexico Il will be impossible for the oppo-
site party to take any other position. From the
ground occupied, then, by both parties in New
York, the sectional feeling this question must
be eIaspersted, and the settlement Of the diff
Guilty in Congress becomes a most troublesome
and critical experiment.
The coalition Of the hunkers and barnburners
removed the last reliance Of the South upon New
York and lite effect will be to concentrate the
anti-savery sentiment Of all the North into active
hostility against any compromise with slavery.
Whatever the ulirsism Of the wings If the demo-
Gratis succeed-as it is almost certain they will
the doctrine and the danger the same. No
surrender Of New Mexico to Texas-no compro-
mise with slavery-no more slave States.
The position Of the South is equally distinct
and emphatic. They have declared that, with the
application Of the Wimot proviso to California
or New Mexico, they will look to their own
interests even at the risk Of the Union. And
this cannot be regarded as an idle threat They
have weighed the advantages and disadyan-
tages Of the alternative; and they believe that. at
the worst, il would be cheaper to support them
selves than TO be taxed for the support Of the
factories Of the North. This slavery question is
an old sore. Il is the canker-worm of our nstitu-
tions. II was a subject of prejudice in Cons,i-
tutionsl Convention, when Franklin advised his
colleagues to step quarrelling and 60 to praying.
Union was at last only obtained by the com
promises engrafted upon the constitution. IL has
since been several times endangered, and only
saved from dissolution by compromises But the
canker.worm still exists, and is eating its way into
the vitals Of our system.
The equilibrium of power between the North
and the South Is vital to Southern institutions.
They know IT, Give the North a majority in the
Senate, and slavery becomes, at best, but a dan
gerous institution. The present attitude OF both
parties Of New Yerk toward the South, thus be-
comes a matter Of the deepest import. The har-
nopy Of the Union depends upon compromise on