The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-08-01
one Week Later from Europe.

The steamship Canada touched at Halifax at
seven O'Clock, yesterday morning, from whence a
summary of her news, which is one week later
than we were previously in possession of, was
transmitted TO this city by telegraph, via Nova
Scotia and New Brunswick, and from Portland by
Bain's line of telegraph.
BY this arrival, we learn that our great Southern
staple has experienced another advance of from
eighth to quarter Of penny sterling per pound,
and that very large sales were made at this figure
during the week pending the sailing of the Canada,
amounting, in the aggregate, to one hundred and
eleven thousand bales This intelligence will be
received with pie asure by the planters in the South
States, and by the holders of that article gene
rally throughout the country. 1t ought to be well
coned by the whole nation, for the advance will
assist us materially in discharging the balance
against us in our trade with England and the rest
of Europe, in consequence Of our having imported,
during the last year, more than exported, to the
value Of several millions Of dollars II appears
that the political economists of England have at
length arrived at the conclusion that they are de-
pendent upon for a supply Of cotton, and that it,
through any casualty, the crops in the United
States failed, il would be great, if not greater
calamity TO England, than il would be to the
United States. We have repeatedly told them as
much, and have argued therefrom that Engl and
was under bonds TO keep the peace with this coun-
Try; that her own salvation existed on our cot
ton crop They are, therefore, casting abou
10 where they can grow that material, so
Ia he independent Of Us, to certain extent, no
for the purpose Of entering into hostties with US,
If occasion offered, for England knows better than
30 attempt IT, but to provide for the emergency that
would occur, in case our cotton crop, like the po-
tatoe in Ireland, were suddenly blighted. They
have already tried, and failed, in India; we learn
that they are about to test the soil Of the West
India islands. We shall what the result will
be. II is, perhaps, as well that hose experiments
are being made, for the time is not very distant
when the whole cotton crop Of the United States
will not be more than sufficient TO keep our own
manufactures employed. The increase Of cotton
manufacturing establishments in this country has
been emszng during the last few years, not only
in the North, but in the South. Hardly week
passes shat we do not hear Of new factories being
erected in the Southern States, that before very
long, the probability IL, there will be as many In
that section Of the country as there are in New
England. Il bohoves England, therefore, DEEPEN
dent 20 much as che il on cotton from this country,
10 look out for sfpply by the time we will be in a
coalition to manufacture all that we cultivate
within our own territory.
We have not as yet received any further intelli-
gence concerning our claim on Portugal, but we
rhell probably gather something from our ex-
changes and correspondence, when the mails Of
fhe Canada come to hand.
The most important feature Of the political in
feeence received by this arrival, is the accouche-
msuf Of the Queen Of Spain. who was recently de-
hvered Of son. which, however, survived its birth
IL
that surrounded the succession to the throne Of
spain, and which were suspended on the announce
ncnt tina, The Queen was encienfc WILL in all pro-
babiliiy, break out afresb and the good people Of
Spain will be rs much alarmed as ever in regard
10 the succession The probability is, that whether
Omen Christina nave any further issue or not,
ibcy viii be ceLtlin pf being rgled byeither King
or Queer.
The Qucsn Of portugals sister has. Il appears,
contracted matrimonial ALI ,nce with the son Of
Don CaIlos, q, which the Spanish Minister was so
indignapt hat he demanded his passports, on the
ground that such marriage is an infringement on
the quadruple alliance. We DO not see how this
difficulty can be got over; but we apprehend the
world will revolve on lie axis for the remainder Of
abe year, just uniformly as would u such mar
risee had not taken place Il my create brush
between Portugal aud the other contracting parties
but IL cannot amount te a very great deal
According TO the accounts which have come to
hand. there is no prospect Of the DIFFICULTIES be-
tween Denmark and the Duchies being satisfac.
torily settled. At the last date, the expectation
was, that II hosthnss were not actually recon-
mepcsd, they would be in a very short time The
most interesting point Of the present attitude Of the
conflicting parties s, that Russia has determined
upon assisting the Dance, and has stationed flee,
of the cossi for the purpose Of following up her
thrtats. II would appear that the Car Is, at the
present time. supreme IN Europe, and IN 10 what
he pleases in that part Of the world Il looks ne II
the checks and couniefbalances which kept the
nations Ct the Continent in their proper places have
been removed and that Nicholas is not only auto
crst Of all the Russiss, but Of Europe likewise.
What hes become Of England, that she does not
stir ! Alas she has fallen from her high estate,
through her own weakness, produced by her mani
fold iniquiiies. She has enough to do TO preserve
her own political existence, without intermeddlng
with continental Affairs. Her motto now is, " Let
me alone, and III let you alone" This Schleswir-
Holstsin difficulty may yet end in a fomidabl.
war.
The repeal hurnbug has At length died natural
death in Ireland. The Repeal Association has
bstn surended, and Cancellation Hail closed Tits
yity both were not done couple Of years ago, be-
f.s ne Irkh people showed themselves 10 the