The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-18
The News.

We have received, over the wires from Halifax
enc weeks later adyices from Europe They are
highly interesting. There had been a great bust
mes. transacted in the Liverpool cotton Market az ad
vance prices. Nearly eighty thousand bales were
ss,d in one week. The bullion in the Bank of Eng
hnd had increased to nineteen millions sterling,
which will reduce the value Of money in Europe
The Bank of France had reduced the rate OF interest
HON four TO three per cent. Several OF the new
hnghsh ministers had been returned to Parliament.
The ministry had virtually abandoned, for the pre-
sent any interference in the commercial policy Of
England. The Burmese war had broken out, and more
annexation Of territory will, if possible, be the
salt The elections in France Of members TO the
0Urs Lfg1sLatif had resulted, ~ Anticipated, in
hvor Of the government. General Cavagnac had,
However, been chosen. The European mails win
reach this city to- morrow afternoon. We can then
take more extended view Of affairs on the other
ssae Of the Atlantic.
In publishing full particulars Of the celebration Of
Patrick's day" in this city,ws have not omitted
70 give our readers, in ertsso, the pancgyric pro-
nsuAesd ON his saintship by Archbishop Hughes, in
HIS cathedral. The Archbishop, in his discourse,
which rivals, in its facts, the Catholic chapter
n American history, avoided committing him
and miracles Of the saint of Erin, and steercd
clear Of all novels, pious aHd profane, even in
slsding the history Of the saints. But he has,
at last, solved the problem Of lrelands misfortunes
made clean breast oft, and in substance imputes
b St. Patrick's pious concern all the Affections by
which that nation has been for ages crushed down.
Such lively interest, according to Archbishop
hughes does ST. Patrick take in his people, that he
A..
Asre, that they might be the certain of happi
hereafter If this view Of the subject is correct,
and we do not question it, it quite q mistake
ever to cry cut against English oppression all the
English rulers, from Strongbow to Lord John Rus
sell, were merely the an gels or agents Of Saint
Patricks great scheme Of bensvoence. We submit,
hswever, that this policy should be, at least, some
what modified, if not entirely changed and that his
saintshp be requested to bout ship, and 60 awhile
on the other tack We are afraid his popularity
will be much imperled if this story Of Archbishop
Hsghes be generally credited
The report Of "lentcn entertainment" given
by The Young Friends of Ireland" in celebration
Of the day Of their titular saint though not quite
5uH one will suffice to explain the tone of the meet
ing, which such rs the Archbishop himself
must have approved The denunciation of Kossuth
received with considerable difference of opinion
otherwise all harmony. The new Catholic
college project, it will be seen, was a prominent
feature, while the freedom of the press was yery
nearly forgotten.
According to our accounts from Albany, there
were some very peculiar proceedings in the Senate
chamber yesterday. As near can be asccrtained,
mort violent dispute occurred between the wings
And democrats in executive session. the previous
day, relative to the appointment Of harbor masters
sor this city The chairman fnalyt 'ook the rcspon-
lhiEty," and adjourned the body before any con-
hrmations were made. This gave umbrage to the
wings, who, on re-assembling yesterday, endeavored
- resume the secret session. The democrats, who
were in the minority, opposed this movement, and
violent political squabble ensued The democrats,
however, managed to keep up the talk" until the
arrival Of two Of their conductors, and this blocked
the game of the wings During the wrangle, it is
said that many Of the secrets Of the executive SEES
SION leaked out, which indicate great want Of self
respect and deceney the part of certain Senators.
The galleries crowded with spectators, who
seemed highly delighted with the performance.
Fiery debates, buncombe speeches. and violent per-
sonal disputes, occasionally embelished by pugi-
lstic exhibition, are now the order of the day in
eur National and State legislatures. The rules laid
down in Jelerson's manual discarded, and those
Of Boxiana are substituted. This is wonderful
country.
We give elsewhere the opening proceedings Of
the diocesan convention at Burlington y. j.. called
by Bishop Doane, for the purpose of censuring the
Bishops Of Virginia, Ohio and Maine II is thought
that Bishop D. will be successful in this body: but
he will still have pass the ordeal Of the Bench Of
he bn, 10 !. ,
by his contemporaries.
Our private advices from Mexico are interesting
With regard TO the failure Of the Tehuantepec
treaty, il would seem that Mr.. Webster. in arrestng
and indicting Jonas p. Levy, is entirely on the
wrong track. If any other project has defeated
Mr.. Webster's Tehuantepec scheme it is not Levys
Avarado project, but the project Of the Company Of
the Vera Cruz And if they have been the cause of
the failure Of the Tehuantepec treaty, Simeon Ora
per, and the Wall street folks ought to have
been indicted instead Of Levy In relation to the
practicability Of navigating by steam the Mescaa
river, the Vera Cruz route, we have received
Mexican official report Of an actual survey Of the
river, in a voyage from the same for five hundred
miles, by corps appointed for the purpose. They
descended the river in sloop, from point not
good days ride from Puebla, down to tho Pacific
Ocean Their report is so interesting in itself that we
shall publish it in full, az the remarkable
ease Of Wikof and some other matters are Off our
hands.
In the Board Of Aldermen, yesterday evening, the
report Of the Committee Wharves, Piers. aud
Slips granting lease 10 David b. Draper and John
+. Develin, Of slip at the foot Of Wall street, with
privilege Of running ferry from that point to the
foot Of Montague place, Brooklyn: for the term Of
Ten years from the first ofMay, 1852, at the annual
rent Of $4,000, was adopted by vote Of Is TO 5.
The Board, notwithstanding the veto Of the Mayer,
adhered to it, former action in the matter Of trans
feriDg the Bureau Of Inspection to the Department
Of Streets and Lamps, and adopted the same course
in the matter Of requesting the Legislature to
La 80.