The New York herald., 1850-01-26

The CorToN NEws-MoRE SPEcuEATIoN-Th
intelligence received yesterday, of another rise in
the cotton market IN Liverpool has set the cotton
circles here, and, no doubt, elsewhere, into state
Of additional excitement. The same efervescence
will take place as the news is transmitted by the
electric wires from New York to New Orleans
For several weeks past, or, perhaps, months, the
the most interesting portion Of the intelligence
from Europe has been that connected with the cot
ton market, exhibiting, as il does, a gradual,
progressive, and exciting rise in the price of that
great staple. Such intelligence is probably re-
ceived with more pleasure in certain circles Of this
country, and particularly all over the South, than
that of revolution in Paris, or an insurrecton in
Hungary. No doubt the socialists and other abo-
litonists in the North, would throw up their caps
at fresh breaking out of the masses any where in
Europe; but the gradual, and, perhaps, permanent
rise in cotton, or other staples of the South, ope-
rates very much against the prospect of dis
union, and dsposes the southern mind to be
willing for a reasonable compromise, on all dis
puted points connected with slavery 1t is not an
idle idea that the rise In cotton has an effect on
politics. Others may suppose the contray-that
the independence OF the South would not affect
the markets which they now enjoy In Europe, and
all the carrying trade consequent thereto.
BE this as it may, cannot close our eyes to the
prospect that in the midst Of all our contentious,
agItations, and excitements connected with the
institution OF slavery, the great interests of this
country, North and South, East and West, are
very much dependent that institution indirectly,
through the productions of the Southern States,
transported to Europe by Northern shipping. Many
Of the very men and agtators in the North, who
are acquiring notoriety by their wildness on the
anti.slavery question, are benefited, and actually
eat the bread and milk produced by the institution
of the South, applied to agriculture there. Look
Ing at our commercial and agricultural develope-
menis in every point Of view, no country at this
moment is making such rapid progress in wealth
and civilization as the United States. On one side
Of the world agricultural productions are rising
in value every day, and on the otker side our new
territories teemng with golden treasures, dis
trbuing their riches to the greatest marts Of Eu-
rope, and disturbing the balance Of gold and silver
in the vaults Of the national banks Of the world.
What folly it would be to allow agitators, Igno-
rant Of their own interests, to rush to extremes,
and dissolve such great, mighty, and wonderful
republic,
The GREAT orERA EMEurK.-The deepest ex-
citement exists certain small, very small, circles
uptown, relative to the progress Of the mons,rous
difficulty between Willis, the critic of the lobbics
and Maretzek, the maestro Of the orchestra. A
greater interest is felt on this point, in certain
quarters, than even in the Nicaragua question, or
the progress Of the anti.slavery movement. But 1t
Is difficult TO ascertain the progress or the af
fair. According to one Of the weekly journals, we
find that the following exquisite note Is the last
movement IN the matter
v,nr Dr,s NJ; After the manner In which
my private note has been used feel bound to return
you the reason ticket which you addressed me, aud
also enclose dollar the price Of my admission for
last evening.
81 also beg yox TO understand that take back the
bow made you yesterday afternoon:
Yours &cn
What reply Mareizek made to this note we do
not yet know; but we presume it must have been
something like the following
Nrpy Dru W; thank ycu for the return of
the ticket for be better appropriated and
also fer the enclosure Of the dollar Prom Ia Ali
such payments much venerstsd BY managers ss we'll
as by tsilors ss you know Of old.
With regard to your bow. beg leave 10 say tha.
left " where you made a; but stl WELD the baton
which require for my o~n ssfety and protection.
Yours Sc.
We shall duly chronicle the next movement, in
this curious and wonderful affair. Willis, n is
said, does not consider artists Of any kind as be.
longing TO the genus of gentlemen or ladies' it for
fashionable society. unless, perhaps, they can show
their tailols millnefs bills receipted In fall cf
all demands.