The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-02-07

pleased, with Winfield Scott for its leader, would
march from Leghsrn straight through to the Car
pathians in single campaign, emancipate Italy
and Hungary forever, annibilate the Austrian en-
pire, and insure the liberation Of Germany" And
again he says :--"Let tae news but speed over Eu-
rope that q we'll appointed American army had
landed in Italy, having the overthrow Of desp otism
for its avowed object, and nearly every capital on
the continent would be the focus Of instruction
within a fortnight"
The grand transatlantic crusade thus laid do rn,
comprehends the withdrawal of Gen. Scott from
the Presidency, and makes very unexpected and
desirable opening for Fillmore and Webster. If
Scot. is TO take the command of the European
Liberatng Expedition, he cannot, of courss, think
Of giving it up for the comparatively ingloriou,
occupation of the White House. And some one
must be left to distribute the loaves AID fishes,
including the hasty plate Of soup, and to
look after the outstanding Mexican aud Florida
claims. The military iberatipg expedition must
be commanded by Gen. Scott. Ii will thus be
dered efficient, complete, and inyincible, against
the FIRE in tie front, and the FIRE in the rear
peculiar feature Of the general plan is, on Kos
suth's authority, the purchase of some 10000 mus
kets for the Hungarians, at two dollars piece. IL
is supposed that these small arms intended ac-
tually, by ,sse be delivered TO the Austrians.
as calculated in their own hands TO work among
the enemy the most fearful execution For the
facts however, we refer all parties concerned to
Simeon Draper, Esq., who it APPEAR ia one Of the
Revolutionary Committee, and was the agent for the
sale Of The guns, on the part Of the owners, and
the agent OF Kossuth in their purchase This is
very interesting branch OF the subject.
The financial branch of this glorious enterprise
is scarcely on less imposing and magnificent
scale. The principal agent Of the stock Of the
Hungarian Loan ia William Z. Libby, up stairs,
over Genin's hat shop. Who is Libbey. What
has become Of Shepherd Knapp, the former
treasurer! We are informed that the notes
"will be carefully coantelsiened and registered.
the names Of the takers recorded, and every
dollar received will be paid over to the order of
Louis kossuth, the Peoples Governor of Hungary,
in aid Of Ter liberation from the despots who have
fouly enslaved her. Each note specifies on its
face, expressly, that it is payable only in case of
Hungery's liberation We are also informed
that subscriptiol of one dollar each by five nil
lions Of men, will amount to five millions Of dollars;
and the arithmetic of the proposition is correct.
Follow it up, and dollar each, by ten millions Of
men, would make ten millions of dollars and
double that sum would be twenty millions, ana
so on to q hundred millions. The arithme-
tic and simplicity Of the thing are remarkably
striking. The notes are of the denominations
ofSl, S., SO, $50, and 800, the vignette upon
each being beautiful portrait Of kossuth, which,
Of itself, is or ought to be, considerable tempta-
ton to subscribe. The idea was. doubtless, Dor.
r0wed from the ikenesses Of Barnum and Jenny
Lind, the attractive chin plasters of the Pequon
mic Bank, which is another recommendation in its
favor. Butifthe Hung aran notes were engraved
with portrait Of Kossuth on one side, Kinkel on
the other, and Barnum N the middle, mounted
uponthe weolly horse, with ire-annihilator under
each arm, they would be absolutely irresistible
Let this suggestion DO considered.
We apprehend that when the intelligence Of tho
military, material, and financial operations Of this
Bloody Astor House Hungarian Central Revola-
tionsry Committee reaches Europe, it will create
panic among the absolutss and that the desposs Of
Austria and Russia will prepare to fall back for
safety upon the Ukraine, the plains Of Asia, to
escape from Barnum and the humiliation Of being
exhibited through the United States at the low
price Of twenty five cents sight. All that Barnum
now wants for his Museum is live despot or two,
to complete the catalogue Of his wonders. Let the
proposed cam paigp under General Sco.t, be carried
out and we may yet live to see, at least the tyrant
Of Austria drawn by Barnum's elephants along
Broadway, and the notes of Kossush az a premium
in Wall street. Why not?