The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-12
The News.

The Collins steamship Baltic, which cleared for
Liverpool yesterday, in proceeding down the Bay,
got ashore on the Mud Flats, about one mile below
Red Hook, aud, although two steam..ugs imme-
diately proceeded to her assistance, she there re-
manned at the time news boat started up to the
city last evening. dense fog perfectly obscured
Che Bay when the B. left her dock, which ciTcum.
stance, in connection with the fact that the tide
was at half ebb probably caused her to mistake her
course. Her position was upright and not at al
dangerous, and it was supposed that she would be
able to get away, without assistance, upon the rise
q the tide Early this morning she viii doubtless be
speeding her way on the bosom of the Atlantic
The steamship Niagara arrived st Boston last
evening and her mails will reach this city to NOR
row. The despatch states that she brings no news
Of epecial interest in addition to what was published
yesterday.
The Niagsra's news had the effect of depressing
cotton to the extent OF onefourth Of cent per 10
and to advance -four from six to twelve cents per
barrel, at which holders tolerably firm. Owing
10 good supplies on the market, wheat and corn
were unchanged by the news The feeling in
freights also better with little DOING however,
ne parties waiting the receipt OF the steamers
letters.
The teleglaphs this morning furnish some addi-
ional items of quite interesting Mexican intelli-
Rence. Col. Benton's letter relative the Tehuan-
tepec treaty appears to have given great satsfac.
ion to the Mexcaps, from the fact thai it no. only
throws much light on the subject but is also SIM
pie act of justice from an enlightened American
A very curious proposition has been made by Senior
Granadoz and company, to defend the whole north.
ern frontier of the republic against the Indians. He
offers to do this by contract, for the sum of sixteen
thousand dollars per month, and permission to i'm
port and sell goods free Of daty Numerous Yam
KEGS would agree to perform this service for much
smaller sum, and in addition, would undertake to que
the revoutonists, and drive the French out of the
State Of Sonora. Indeed during the Mexican war;
there was q rumor aAoat that one of our progress
dive fellow citizens made proposals to President
Polk % carry the war, and, within stipulated
tine, bring our neighbors on the other side of
the Rio Grande TO their senses for a certain sum
This proposition was, of course, declined, for the
reason that it was believed that the regulars and
volunteers of the army would satisfactorily perform
the work.
-Four days later advices from Buenos Ayres state
that Gen Urquiza had dsbanded his troops and de-
Glared that be entertained feeling of hostility to-
wards the people. He appears to look upon the re-
cent revolution matter of little Importance and,
in circular TO the representatives of other nations,
informs them that matters relating to foreign ars
must be submitted 10 him. As Dictator, he has an
neuIeed his intention of installing the Sovereign
Congress 1t would thus appear that he is deter
mined, if possible, to re.estsblish government of
his own, notwithstanding his apparently peaceable
demonstrations 10 wards the people Well, it matters
but little who rules in that part Of the world, for
the inhabitants are never long Satisfied with any
FORM of government, be it good or bad Like the
figures in a kaleidoscope, they are continually
changing.
Gen Persi!er F.. Smith, commander of the Texas
division Of the army, left New Orleans for Washing
ton, last Sunday.
We publish to-day full report of the testimony
taken during yesterday by the Coroner, relative to
the recent fatal catastrophe in Thirty second street
The verdict, which was rendered at late hour Of
the evening, is also given, from which i; will be
seen that the contractors held to before
the Grand Jury.
The attention ef the reader is directed to the
general ne VS. and advertising columns for much in
terestipg information, to which we have no room
more particularly to refer. The religious portion
Of the community, especially, will find much to en-
TARTAN them in another column.