New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-06-01

ceiving every consideration courtesy from this Coy
which the representative Of sister
public.
Foreign News by the Humboldt.
We take from the Network Tribune the following
The Hayre steamer Humboldt arrived at seven o'clock
last evening bringing cargo Of continental mercha-
disc and good number of passengers She left Hare
the morning Of the 9th, anchored ut Cowes during the
night and sailed therefrom after receiving the usual
mails and passengers from Southampton at She
brings London papers Of the 10TH brought by special
express from London for the ssocatedress Of Network
Owing to the state Of the tides the French coast the
Humboldt obliged to leave the Havre docks three
days earlier than the regular date of sailing Her mails
therefore of nointeret the mercantme community
Sunday having interviewed between the departure Of the
Africa from Liverpool and this steamer from Southamp
ton matter of this sort is of great inconvenience
both sides of the Atlantic and recommend
that when tho water in the Havre docks is too low for the
of these packets the appointed dates that they
should be permitted to go out several days previously and
anchor off ayre off Cowes to wait for the proper
weekly mails which it was the intention Of the Post
office authorities to dispatch from England every Wednes
day simple arrangement of this kind would prevent
the inconvenience of arrival like the present. which,
the mail service concerned amounts to nulity
The United States mail steamship Hermann Capt Hig-
gins touched off Cowes her way to Bremen the It'll
instant after passage of twelve days sixteen hours-the
quickest but one she has performed.
The West India mail steamship Midway arrived at
Southampton the Sth, with specie. value
freight and $50 passengers.
The cunfd steamer America arrived at LIVERPOOL from
Boston on Sunday the 9th,
The bullion in the bank of England, according to tho
returns published the sh inst f19 400 Con
soils {3 per cents were last quoted 994 and Mexican
bonds fell cent? in consequence Of unfayorable
by the Midway California gold shares much depressed
Advices from Australia are to January a Gold has
been discovered in New Zealand in the Island Wahe
about fifteen miles east of Auckland The Deputy Gov
stated to have sailed for the spot for the pur
pose Of collecting information and specimens further
details expected in the of few days From
the New South Wales mines the reports to be very
favorable and abundant instances Of individual success
continue to be cited while according to the
received mt Sydney the yield at Port Philip, Victora)
notwithstanding the want Of water almost eqal any
former experience Tho total export from Sydney had
reached G702,s95. Mr.. Hargrayes had loft new
journey Of discovery to the nortward and would proba
bly, explore the country as far as Moreton Bay.
The Lord Mayor of London entertained the Earl Of
Derby and the other Ministers in splendid banquet Mt
Egyptian Hall, on the night Of the 8th. Lord Derby
made an able speech from which we make extract:
Not many days have elapsed since Right Honorable
friend Of mine (the Chancellor of the Exchequer) in
speech which fully and amply refted the unworthy notion
that of wit and genius cannot grapple with the or
ability vivid imagination and great eoquence cannot
master the dryest commercial and financial topics-most
ably and most eoquently demonstrated to aimring
House Of Commons the great progress which trade
and commerce have made in recent years. and showed how
the reduction Of duties imposed upon foreign
has produced largely increasing consumption
sequenty greatly increased enjoyment the part the
consumers without affecting the There one
point however, which my Right Hon friend in that able
speech did not touch upon and properly did touch
upon because did not belong to the fiscal and financial
branch of the subject to which his attention then
properly and exclusively devoted
But although he did not touch upon that topic it is
which conceive government ought to lose sight
of in estimating the social and political condition of the
countrynamely, not only the prosperity and the adj
vancement of commerce, but the effect which may be
produced the condition in which we may find those
large classes which, unconneced with commerce. are vet
element of strength as being mainly producers
though they also My Lord q government
charged with the administration of the affairs of this
fhnn nT
of the people, if it confined to the interests Of single
class he attention which is due to ALL or if it depryes
singles class Of that share Of its attention which it is
bound impariaily to afford to all and the problem which
every government has to solve is how to reconcile appar
entity conflicting interests so that, while giving no un
due advantage to class of fellow citizens over
another, it may promote the interests of ALL and by mu-
tual concessions and by mutual compromises may blend
the interests Of all in one harmonious whole
In fact the whole system Of government in every con-
stitntional country s system OF compromises and
cessionsnot OF undue compromises not Of unworthy
concesonsnot OF compromises of principle for the sake
Of expediency but of compromises between conflicting
expedents and mutual concessions between apparently
conflicting interests. Tho whole system of Consttu
ton is great compromise The Throne itself is based
upon compromise between arbitrary monarohica power
and those befttng and dgnfed restrictions which are
imposed by constitutional governments upon the minds
Of m0narchs Our House of Lords is compromise be-
tween hereditary exclusive arisocracy and body par
taking of the advantages of the institution of nobility
the time that it is enabled to claim this great ad
vantagethat it is daily or at least yearly and perpet
uaty recruited from the ranks Of the people, thus blend
ing the Aistoeracy and the Gnmmopaity.
The House OF Commons is system Of compromise be-
tween that influence which is exercised by tho higher
classes of society and the restrictions imposed by partial
exclusion between those elements the side and the
democratic power Of the people the other by which
ample and full means given to the expression of every
popular sentiment and Of every popular wish. The
Church of Engandlong may Providence preserve to
us lis compromise and most valuable compromise
between the unrestranad power of spiritual dominion
and the absolute dependence of the clergy upon the
price of the ooks whom they called to preside
Our whole system is system OF compromise and he best
administers the arduous post conducting the vast and
complicated affairs of this great empire who knows how
fifty to adjust the various portions of the great machine
involving this complicated machinery of mutual checks
and balances by the removal of of which the action
of other part might. perhaps, be rapid but
the whole machine would be dsordered and dsarranged
1t would, my Lord, DO an easy task for Minister to
avail himself upon every occasion Of every gust popu
lar opinionto scd before the gale and to congratulate
himself upon the rapdity of his progress reckless
gardless in what direction that gale is blowing, and
whether il is bearing him upon leeshore upon
gcsous rock with the certain destruction the more
rapu may be ns ppogess But he aim OF tbs noble science
of craftsmanship surely must be to use the popular
elements as the valuable breeze which fills the slils-o
setting your in the teeth OF the wind that blows
scuddng blndy before it, but ayaing yourself of
that breeze to speed you your destined course and
with steady hand upon the Wheel and with mind and
eye fixed upon single obectthe safety of the good
ship the and the priceless cargoto consider not
the pdity Of your progress but the certainty Of the
doctrine Of opposing forces let the wind blow from the
North or from tine South the steady hand at the helm
course be East or West
My Lord well know that such course is not that
which at all times will secure to the Minister who pursues
It greatest amount Of mocntary popular applause
but have that opinion of my counryulen that
tain they will more consider the steaness tho course
than the rapidy of tim progress They will look the
object which the government haze hand and If they
see them proceeding in their steadily and
terninealy awaiting themselves doubt of popular favor
but neither counting nor bindy following the passions OF
Che inoient am convinced that in the long run, Min
ister pursuing such course even il he should at times
partially fail will obtain the approval and ultimately the
confidence, OF his ceuntrymen, 1 may, my lord have
ehakd out for myself and for my colleagues bold and
arluoDs undertaking. know the difficulties which in
this and m any country attend faithful discharge of
public duties, but convinced that no Ministry is
worthy of the confidence of this country which does not
act for itself aud upon its convictions trust that
the sincerity Of those convictions will in the long run
force themselves upon the sympathy and support of the
people.
We may feel that We have ariuous task before us,
but we shall not fail from the want Of clear perception
o. the corse which we ought TO take clear npprca
tion OF the difficulties have TO encounter. We may
fail from causes not within control but my Lord
we should not fail and il any degree we can deserve
the confidence nd support Of this country it viii be
proudest hope IL is our bolost and highest ambition that
when To hold that office with which the favor of