The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-02-17
EDITORS CORRESPONDENCE.



The PachS.-I.uQsios Panic an Eaglaaa -C0nhsed-
lion Of The Orlsans Estatss.-Ciiy Aems
The columns OF the Herald have been enriched within
the last lew days with two letters OF considerable interest
and sprghtness each OF which is eminenty Character
islic OF It's author The first is from Mr. George Law,
and mainly 10 have been elected by the very gen
erai--bu he says, uniounded-rumor that The forty
thousand muskets which Kossuh has contracted or al
the rate OF two dollars EACH purchased from him
That such is the fact MIR Law perempoIly denies, and
with good il would seem Tor, Two dollars
could at best purchase only damaged second hand
arm OF this description, the necessary inference would
be- if the report that the large armament now IN
the possession OF that gentleman oil worthless and
rvceable character In cpellng tins Islander upon
his property he considers IT, Mr. Law states, what rs
undoubtedly the that he is the owner OF one hun
dred and fifty thousand new United States muskeis. IN
good order and condition. which, together with some
millions OF ball cartridges to fit, large amount OF equip
ments for all arms artillery OF the largest and most Ell
ective range and to use. all these munitions oil
war with the greatest possible efficiency, he offers to
transport 10 any required point on the European sea
board in the fastest steamers in the world, which
he guarantees shall not be taken. Here is pro-
posal made by practical man, who certainly never
vet has failed in anything that lac has undertaken,
which would seem well worthy the consideration
of Maxzini and Kossuth. We always thought MI
Law great man in his wayne know hun to be an
earnest and resolue man--but if he has the abil
y and disposition do all he undertakes IN this in
stance and if the Herald is right in footing up his means
OF operation 10 the amount OF nine millions OF dollars, he
must be admitted to be only oil the great but
one OF the great powers OF the day
HypeboIe aside howeverand there is enough OF real
y in the man and his without resorting TO tive
doubt whether there is anywhere else on the face OF the
globe available the oil freedom, large stock
of arms and ammunition, such extensive facilities for
eoupping force OF the first magnitude for the field
Whether the present state OF Europe there is the re-
hottest chance Of their being brought into play or whether
Mr. Law would be permitted to ship them, especially with
men to them, to any foreign country with which we
were at peace questions which not so easy OF So
| luton.
| Mr. Law defends himself against the charge OF ntrigu
ing in behalf Of any Of the presidential candidates, and
expresses views in regard TO the election which are
replee with that independence and strong, hard sense
which characterize his notions and ideas generally AL
ter saving that he is hard please and shall be salts
fled with any good democrat he expresses the opinion
that even though we should chance upon weak Presl
dent there would be great harm done, and that the
country would still flourish in virtue OF the working
and sell. preserving character OF our institutions Now,
there is great deal OF truth in this observation and is
worth preserving nasmuch imbodes the conclusion
to which great practical. mechanical mind has come
after long and careful examination OF the vast and com
pick machinery Of government II is valuable esti
mony in favor OF the strength and permanency OF
| institutions
The letter Mr.. saunders longer, more
FUSE and more elaborate than that OF Mr.. Law. II ira
verses in part the same ground the latter epse and
furnishes several interesting items of information which
go to explain good deal OF space is taken up In de-
Tending the writer against divers accusations which he
saws have been brought against hm-such as being the
author OF the Donaldson and Greer hoax being the agent
Of the Hudsons Bay Company, being interested in the
musket speculation being the originator OF the Ebony
line of steamers, comb ming the steam interest in favor OF
Judge Douglas for the presidency and obtaining and ex-
ercsing the control of the Democratic Review for the
same purpose Now, as none OF these very henous
Offences and Mr. Saunders disposes OF them all very
summarily and satisfactorily wholly repudiang the only
one involving anything like moral dslinquency-to w.t.
the hoaxwe inclined TO regard the whole OF the hve
first sections into which his letter is divided as con-
| stituing very ingenious and interesting pream-
Bile 10 the resolution embraced in the sixth and last
/ which is nothing less than the nominauon
of Stephen A. Douglas of Illinois, for the presidency
and M r. Hunter OF Virginia, for the vice presidency
of the United States Herein especially is the eplste
OF the shrewdness and tact OF the man.
No one would question the right OF Mr.. Saunders TO
make nomination OF President and Vice President but
many might fail to appreciate the importance OF the
movement from sheer ignorance OF the standing and po
silion of MIR. Saunders himself.
The Pacific is in after long and boserous passage
with several days later news from Europe. She brings
however no intelligence Of great interest or Importance
for we cannot consider the panic which has been got
England on Tue suDJeCt oi Hsoso" 90 vi
that character--it being, far can discover
wholly without foundation. The London Herald proba-
by gives the true explanation of its origin when II
attributes it TO John Russell and the totterng wing min
stry as distract the attention Of Parliament and
the nation from the predicament in which they have in
volved themselves There certainly is os,ensble
pretext for war between the two nations No
threats or menaces have been thrown out by either
party; and the time has surely gone by when
civilized power viii be permitted in Europe to make
war upon another openly and avowcdy for the purpose
Of conques, alone. We certainly grevously disap
pointed in the character OF the constitution which Louis
Napoleon has given France He has undoubtedly taxed
the endurance OF the people who have trusted him TO the
utmost He may, and fear he will, turn out TO be
iyrani at home but have evidence that he aspes
TO the bloody laures Of foreign conquest, that he has
any disposition TO desoate without provocation the
peaceful domains OF his neghbors with FIRE and sword
4 The confscaion of portion Of the property OF the
house OF Orleans has created great sensation, and
brought down upon the President amount of reproach
which we are altogether certain is well deserved II
seems TO have been for ages fundamental law Of the
realm that upon the accession OF any individual to the
throne OF France, his private property became unalter
ably part Of the public domain. This law
forced in the OF Henry Nv against his strenuous ef
forts Al the first revolution. the royal domain was con-
fscated and became the domain OF the nation. So when
Napoleon deposej, his private property, TO the
amour, Of several hundred millions, instead OF being per-
mtied tn n family, appropriated TO the pub.