The New York herald., 1850-01-27
a = r I " a i
THR
MA G A r AS MAIL S.
THE DETAILS
OF THE
EU ROPEAN N e WS.
The Effect Of Gen. TaylOrs Message in England.
THE COTTON MARKET.
&C., DC, cSc


&C., DC, dEc
The Nlagara's mails arrived here yesterday
snorning The details of her news are annexed.
The Eject In England or the Presidont's
Message.
lrrom the London Times, Jan. lei
The President OF the United States has adopted,
In his first annual message te Congress, that mo-
deration OF tone which best behrs the opinions Of
his party and the position OF his government. Wien
the chief magistrate OF the American epublics was
bent on exciting what is termed In The political
language OF that country "popular action" on
questions destined 10 CRAFTY The vanity OF the am
biuon of his adhereDts, The language Of the mes
sege became powerful instrument of agitation.
Bot as long as General Taylor adheres to
the more temperate principles which have fOrtu-
natey placed him in Office, we may expect that he
will seek TO concillate rather tlan TO irrate the
feelings OF the public towards foreign atoms, and
10 ayoid contracting embarrassing engagements in
the domestic relations OF the Union
The tenor of the message Is therefore pacific,
and We learn with pleasure that there Is no dlspO-
stlon on the part of the Ame cabInet 10 mag
Nifty the differences which were supposed al one
moment TO threaten Its relations " it'll the most IL
beral Of the European powers. The contention
with France had originated in the lmpatience of
M. Poussin and the regular vehemence of Mr..
Clayton; that with England had taken its rise from
some misconcepton with reference to the views of
this country on the Mosquito and the Nica-
raguan canal But there is every reason to anti
'cipate that Sir Henry Bulwer's mission will have
the effect OF uniting both countries In the prosecu-
tlon of d common object of much importance to
the commerce of the world. The more recent
occurrences which are said TO nave taken place
on the Pacific coast of the Isthmus, by the al
legged seizure Of the island of Tigre. in the bay
OF Fonseca, by order OF MIR. Chatheld, the Bril-
tish Consul General In Guatemala, are stil very
lmperfectly known IN this country, and we are
tlshed that II any unseemy atercaton has occurred
between British and American agents in Central
America, il will not disturb the friendly relations of
the two governments. Ii seems that whilst trea-
~ has been concluded between the United States
and the Republic of Nicaragua for the promotion
OF the canal all other States are invited 10 enter
20 the same treaty stlpuauens, and as President
Taylor observes, :" the work constructed under
these guarantees Will become a bond Of peace ln-
stead Vf a cause Of contention aud strife between
the nations Of the earth" In Other respects the
r-'etons OF America wlth Great bfiain are of The
most friendly character, and the removal Of all re-
suictons I'm the laws ct navigation, 5y ho,a'cnun-
tries, Is Justly commemoraied era their
common commerclsl interests.
But although We have the utmost confidence in
the character and Intentions ot Conceal Tay lor,
we cannot he inser slble to the difficulties of his
postIcn, aad these difficulties may COMPROMISE not
only the free exercise Of his power, but the
interests of the country. There are. undoubtedly,
questions On foot the United States which
threaten to convuse the nation, 10 DIVIDE the egis-
iative and the executive authorities, and even 10
Dissolve the Union; and as these questions rise,
IN ave driven 10 contemplate all the expecients
which msy avert the evils If such catastrophe.-
BY singular species Of reactloD the annexation of
Texas, and the Mexlc an war, have had the elect OF
raising 10 the surrt me dighlly military statesman
OF moderate and paclhc views whilst they have
IMPOSED In the country d salutary financial expia-
lion OF 10 million dollars in deficit But these
checks ere temporary; the Impulse still exists
amongst the popular parry, and though some may
contemplate war a means Of holding the Union
together IN presence OF foreign enemy, yet con-
quest and the acquisition of foreign territory are OF
all causes the most likely eventually to sever and
destroy II.
To all such projects, We have no doubt that Gen.
Taylor wall oppose successful, though probably
quiet, resistance. An American President may
say, with mole Truth thau the head OF the French
republic that the ministers have no reverses to ap-
prehend SO long they ENJOY hls confidence or,
rather, the President is hlmselt the directing mi
mister, whose tenure OF oihce cannot be shortened,
end whose policy may be censuIed and resisted,
but very impeIfecily controlled. AT the same tune,
the President has thought 81 to volunteer decla-
ration, thai the power OF the veto viii never be
exercised by HIM, except IN the cases contemplated
by the fathers ot the republic
Although, upon the occasion, no distinct intima-
ton has been gwen OF the views Of the cabinet on
the free soll question, and the President probably
thinks II more polite and convenient 10 await the
decision Of Congress than 20 anticipate II, yet the
emphatic language in which he recommends IN,
observation OF tue integrity et the Unlon would
4eem TO imply that some apprehensIons have seri-
ousy been entertained for IL duration. The great
er part Of the message II, however, devoted TO
summary OF administrative details, and TO the dis
the introduction Of fresh notifications In the tariff
of the United States, tor the Improvement OF the
revenue and for the protection o native industry,
the reduction &c postage 10 unliorm rate OF hye
cents, and a project tor opening a line OF com
rnupication, by railroad or otherwise, within
the territory Of the United states, from the
waters of the Atlantic, or the Gulf OF Mexico,
to those of the Pacific, are the subjects OF The
greatest interest. In his foreign relations, the
President claims the full credit due 10 the resolu-
tion Of the goyeInmen TO MAINTAIN the street OBJ
legations OF neutrality, by prohibiting and prevent
inr all arnaments, whether OF foreigners or OF
American citizens, in the ports of the United
States (; and in this respect the Union has, from
the days Of Washington to the present time, given
lsTdsble example to oihsr n.uons, ePon me
government end should prove satisfactory to the
country; for f the state OF the finances is encum-
bered with outstanding liabilities, that evil is the
result Of former excrFsee, and the price OF their
late welcomes. But the message does not dilste
upen some Of the most important matters now
impending over the Congress, and we shall wait
with increasing interest. the arrival ot the debates
which have taken place In Washington
(Frora the London Chronicle, Jan. 1o1
President Tay lore long ookec-for message Is at
last before us II is iavofaby Distinguished from
many of iis prcdecessors, not only by the merit OF
comparative breyiiy, but by csria'n dieuihed re-
serve Of tone which we have not often noted OF late
years in these presidential manitest0es. Inc pre-
liminery pairiouc flourish, prescribed by custom,
IL sbrirYed by good taste; end after lew OF the
tamihar aliusiens, WhlCh pffhaps couiu hul nav
been rrudently omIited, to such topics as "empire
o freerner, - 'derded predictions Of evil prophets"
and 'rhe most stable and pempent government
on EARTH followed by becoming recognition OF
IN Dlvine bountiss and chasiisemsnts--the President
proceeds 10 the usual summary OF the foreign and
domestic affairs Of the UnlUn.
As regards those portions Of the dccumen, in
which the British government aud people are more
imme interested, We have pleasure in ac-
kuowledgng that MIR. Tay lors language Is evil
IDENTIFY dictated rather by y sense of The response
utilities of staesmsnshp, than ny those party exi-
0epcies which might have tempted less scrupu-
fous aud upright men into msnuf curing political
espiial by deNterous use of certain exciting to-
rice sOuf relations with Great Britain are. he
sevs. ssof the most friendly characfer'-an an-
pounct meni which appears Va sugge stive Juxtspo-
sition 10 the mention Of "the recent alteration in
The British Navgation Acts," end of the snuei-
rated benefits 10 both cuu1tries' lfpfn mutual
tSse trade N shirprr The Tyre leland affair is
rot NAMED; aud although there i- susarious look
&c paraqfath, IN which "he geat American