The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-18

49,
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Summary Of News.
One Of the most important pieces Of news re-
ceived last evening is the passage, by the State
Senate in Albany, of the resolution to investigate
the recent canal lettings, and the appointment of
q Joint Committee of Investigation, in conjunction
with that of the Assembly previously passed. to dis.
sect and lay open the dongs of the canal authorities
in that business. The whole recent history Of
canal financial operations will be sifted to the
bottom and vast mine Of rascaty laid bare to
the people Of the State. II is generally estimated
that the State of New FORK is about to be swim He'd
out of nearly three millions n a0llarS actually given
away to about one thousand of the bidding con-
tractors while there were fee thousand rejected
applicants, Of equal soivency, and undoubted ca.
pacity, who offered to do the same work for that
amount less-that is to say, for six or seven mil
lions, instead of nine or ten millions The opera
tion has been political manmuvre on the part of
the Seward wings and bunker or Marcy democrats,
whereof the latter, in exchange for the spoils of
victory" give the State Of New York, by dispo
sable majority Of ten to tctty thousand votes, for
eight or ten years to come. The old Van Buren,
party, by means principally OF similar canal ma
nagement kept the State for nearly hir teen years
from 1898 to $40. The modern Seward party have
now got possession of the same lever, and can &C
complish the sane result, provided the shocking
and illegal operations of the canal authorities on
the lettings are allowed to stand The fight in AL
bapy these dongs, involves, therefore, the control
Of ten millions in the State, and of two hundred
millions in the general government, for the next
four years alone. a mighty prize, truly!
From Washington we learn that Andrew Jackson
Dgle, formerly whig member of Congress from
Pennsylvania, has been appointed Charge to Co.
penhagen. Our correspondent likewise observes
that it is understood that MIR. Smith. of Alabama,
intends to offer a resolution in the House to-mor-
row, calling for the correspondence OF Com Nor
gan ard Capt. Long, with regard to the conduct
of Kossuth on board the Mississippi 1t is pleasing
TO know that this affair is about being enqured
into. The matter has caused great deal ftalt,
and every body is anxious to get at the real facts
The correspondence in question will give the pub
lie al opportunity of Judging whether hossuth OF
CAPT Long was to blame, or whether both were
right and numerous letter writers and mysterious
reports were wrong
We are inform ed that tho Spanish Minister ar
rived at Albany yesterday. He has probably
visited that city for the purpose OF prevailing upon
Governor Hunt to either pardon or respite Lopez,
the Spanish sailor, who is sentenced to be hung
next Friday for the murder OF Policeman Foster,
in this city.
Several Of the most distinguished professors in
the country shortly expected to address the
Legislature or the subec. of university education
1t ia hoped that legislators will profit much by
the information impaired.
An emigrant shipper has commenced suit
against he Board Of Health at Philadelphia, to
cover beId money paid By the former for long
series of years The ground upon which this action
is brought is that, according to the decision OF the
United States supreme Court, the head money ex-
acted by State authorities from foreigners, is un-
constitutional This is a very important case, and
it's decision will be looked for with anxiety by all
who are interested in the rarsportation of emf
grants, as well as the emgrants themselves.
Considerable excitement has recently been pro-
duced among policy holders, by the suspension Of
insurance companies. The Protection Company,
Mt ONE, is reported to have suspended, in conse.
quence of great losses last year.
An account has reached US of the burning OF
another steamer on the Mississippi river, by watch
several lives supposed TO have been lost. Ihis
makes the third vessel that has been destroyed on
that river within few days, and all in the same
vicinity. We also give. 10 another column, the
particulars of the explosion on board the steamer
Magnolia. by which twelve or more persons were
killed. and the vessel entirely destroyed.
Much interesting infor nation, with regard to
events in Europe will be found in the letters Of
London, Paris, and Eiinburg correspondents. The
Collins steamer Arctic. with three days later news,
is now about due.