The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-11-24
New York, Monday, NOv'r "a, 1851.

Speeches from Notwithstanding Nomi-
nation OF Robert j. Walker for the Pre-
sidency-A Fresh DecIarat ton I'm Favor
OF Free Trade.
The steamship Atlantic arrived here at an early
hour yesterday mor.ing, from Liverpool, bringing
US four days later news from Europe. We pub
lished sketch of the news in the Sunday HERALD,
and the remainder will be found in to-day's issue
Considering the season Of the year, and the tenn
pestuous weather which the Atlantic experienced,
her tip lie one Of the quickest ever made.
The principal news is, another fresh and solemn
nomination by Kossuth in his grea. Man chester
Speech of Robert ]. Walker for the next President
Of the United States, (being the third time) and
also plump, vigorous, and comprehensive declara
tion in favor of free trade and unrestricted com.
merce between nations Free trade and commerce
Kossuth calls, in his Shaksperean language, "the
locomotive Of great political principles
There is other striking point in the VS. by
this arrival. Kossuth continues to receive the ova
tons Of the English people, notwithstanding his
publican avowals, and the continued attacks Of the
London Times. He has been received with dis
tinguished honor a. Birmingham and Manches-
ter, at both Of which places he made long and
eloquent speeches, which were warmly applauded
The London Times, after trying unremittin ely 70
write Kossuth down, and to repor. him down, has
al length knocked under itself, and refused to pub
fish his speeches There is reason for this course
That paper is the organ Of the stock job5ers and
loan contractors, who fear that the course which
Kcssuth is pursuing will depreciate the price Of
Austrian bonds, irjure the Austrian funds, aud de.
rarge Austrian finances, which are in a very .cklish
position at present. without any prospect Of favor
able change. This last is doubt tie cause of the
Lordcn Tunes ceasing to report Kossutb; bu. &C.
cording to all appearances, the illustrious Mayer
can get along without the Times, and withou. TIE
patronage Of the stock jobbers.
There appears t, be a lull in political matters in
England, which may continue until the Assem- bling
Of Pariiam entsn February next. All parties az.
pear to be resting on their oars, anxiousy awaiting
the introduction of the Reform bill, which, it is
well understood, Lord John Russell intends to
place before tina. body after its Assem- bling
as may be. The basis of the reform proposed is
an extension of the elective franchise. How far il
is to be extended no one knows At present; but to
be satisfactory to the people, the concession must
be considerable, and be followed by others. Re-
form is the watchword in England, and reform lie
the only means of warding of revolution, which
viii certainly break out in Europe before many
years. The time has come when a great con-
ctsson Of political rights mus: be made to
the English people; and when it is granted,
others will be demanded until a. length universal
sufiia age viii be the rule. This will be the ultimate
result, for the masses are becoming loud in
shei. demands. The pressure from without cannot
he resisted by the government, aad the arrival
Of Kossuth Is making 1t more potent than ever
The reforms about to be proposed by Lord John
Russell must be followed up by other concessions
His bill will only be an entering wedge. The more
that is conceded, the there will be demanded,
and the stronger and more Irresistible will De the
popular cry. When this takes place, the House Of
Commons, representing the people, will attack the
e0rruptions which have so long existed in England
The church Establishment will be assalsd, reforms
win be introduced in every department sf the
government, and a conflict between the Commons
and the Lords and privileged classes will BE the
consequence. In such conflict, the House Of Lords
would be demolished, and would be converted into
body resembling the Senate Of the United States;
and eventually the government would become az
republican as srrs, with a monarch withou. power
az the head.
Su:h, we think, is an outline Of the transition
which England is destined to undergo within the
iatirae Of he prefent generation. We live ia an
extraordinary sge. We live as much in FIVE years,
and accomplish az much within that period Of time
IS cur ancestors did in city. Il is the privilege Of
the United States to lead the van In this wsnderfa
progress. Despite our non.inte vention we are
making ourselves felt in European politics, AMI we
ale now in he beginning o; the end.