The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-25

little value being blocked up with ice during the
greater part Of the year. and therefore little likely
to excite the cupidity Of the United States.
There can obviously, therefore, be no transfer Of
this territory without breach Of engagement with
us, before the stipulated period expires, and any
attempt OF this nature would fully justify US in con.
veiting our temporary occupancy Of the coveted
coast hDe into absolute possession.
am induced to take this method Of giving pub
hcity to eircumstance which has probably es-
capped the attenth of our government, and Of which
the public are certainly not aware, from convic-
Hudson's Bay Company, whose peculiar policy
leads them to avoid all occasion Of drawing pub
NC attention to their affairs. Their conduct
IN the dispute with the United States re.
lating 70 the Oregon Territory lost us the boun.
avoided advancing any claims to Il, although
considerable extent Of territory to the pouth Of
It was actually ct the time in their possession 1t
was only after the Oregon treaty had been signed
the payment Of 81 100000 to the Hu dson's Bay
Company, as indemnity for their loss Of territory
and trade that the motive for theiI singular mode
ration began to- be understood. allude to this,
because 1t Is well known that private treaty was
concluded at Washington in the course Of last win
ter between the local Governor Of the Hudsons
Bay Company (Sir G.. Simpson,, and tho Russian
minister by which 1t was agreed that the two
the territories of each other. You VIII probably
have seen q statement Of this kind which went the
round Of the papers Q few months ago.
do not with to throw any doubt on the patriot.
mnch question the right Of any body Of Englishmen
to makea private compact Of this nature with
public enemy, which not only ties their own hands,
but those Of the numerous nations Of faithful allies
Of the British crown living under their sway. think
We ought to know moro OF this treaty, and of the
grounds on which . colossal corporation, to whom
ne have delegated the government Of continent,
and whom we have invested with powers and privi'
vnOo~ nUk In Nkb ~ nYpA NnSr
claim an immunity from the common duties and the
common burthens OF war viii III presses 30 heavily
upon us all all. am, sir, your obedient servant,
August 8. A. K. IsBIsTER.
England.
In consequence OF the various points whence i'm.
portant news may now be looked for, the market
FOR the next week or two will probably show great
seDsitiveness. The demand for money, although
still good, is less active than at the commencement
of the week, and the announcement Of large ar
rival Of Australian gold had likewise f.
vorable influence on Friday. Tho notice re-
garding the Turkish loan is expected to appear
on Monday. It will be for two million in SIX per
cent stock of eight especially secured by the Egyp-
tian tribute (Which is calculated to yield annually
f2s2, 000) and redeemable at par BY yearly install
ments OF at least one per cent, commen cling March
l, 1856; the general revenue Of Turkey being. Of
course, at the same time pledged. The first
payment will be fifteen per cent, to be followed at
monthly intervals by another Of fifteen per cent ono
of twenty per cent, and two of fifteen per cent.
portion will be offered in Paris, and subscribers
are to have the option of taking an additional one
million on the same terms, If they desire to do 80
at any time within month Beyond this amount
q sum of two million is contemplated to be raised,
but not until after the lapse Of five months or
more, at lower price than So: The security Of the
Egyptian tribute as arranged, seems tangible as
could be desired; and the Engleh government it Ia
understood, gave . formal intimation that the
claims Of the subscribers will always be regarded a.
entitled particularly to their support.
Germany.
THE KING OF sAxONY KILLED.
On the 9th August the carriage in which the king
OF Sax0ny was driving was overturned, at a place
called Inst. near Innspruck. (Another despatch
says linear Brennbuchei.'D The king was thrown
among the horses feet, and received kick which
fractured his scull. he died half an hour after
wards.
Greece.
The Mavrocordato ministry at Athens is defni.
lively constituted. 1t has just issued the follow
SHensnea-The formation Of the ministry having
been completed, we feel great desire to give
new direction to affairs and wish to explain clearly
the object of the government.
In taking upon ourselves the functions which
have been confded to us by the King, we have not
deceived ourselves with respect to the gravity Of
the responsibility which we have assumed, arising
from the vices OF system which was not ours.
We appreciate the difficulties Of the position They
are great and numerous; but the dangers of the
country impose upon US Tue OOlgAtlOu Oh reSi8nlng
ourselves to them, and We have not heztated to
accept the tack.
Our first duty viii be to conform ourselves faith
fully to the constitution, the germ Of the future
more and nothing less-and with the constitution
the execution Of the laws, respecting ct once the
rights of the monarchy and those Of the people.
We shall endeavor, with peculiar care, to main
Powers, and we shall make point Of faithfully Oh
serving the treaties which bind us to them.
The moral and material interests Of the country
shall be also the objects Of our solicitude. We
ton, and to afford a remedy for all abuses. The
education of the people is for the Greek nation
question Of civilization. The ministry will endea-
vor to extend the benefits Of education to all classes
of society.
Justice the holy arch that sacred tie Of society,
is the stone Of public liberties We shall
respect and cause to be respected the independence
of the tribunals employed to administer it.
The finances of the State will be subjected to
careful ard scrupuous examination. The govern
ment will not hesitate to adopt any financial reform
which may appear useful and necessary, whether
in realizing or imposing taxes 1t will also en-
force the srictest economy in the expenses of the
State. The Ministry viii spare no pains to deve.
lope both public and private credit.
At the same time, the government viii neglect
nothing to deveiope the resources Of the navy
(source Of the riches of the country and to protect
and favor merchant vessels 30 as to render them rs
influential and as numerous "a possible
In conclusion. the government uill devote pecu-
liar attention to our army. Il win eadeayor~ to
crease its numbers without adding to the expense
Of it; it will increase the energy Of the army by
discipline, good order, and an improved military
spirit. Such are the principles Of The internal and
external policy of :he new cabinet, such is the
policy which it will eRdeavor to carry into execu-
ton, in the firm hope that it will ever receive the
appreciation Of the nation.
ATHENS, July 81, 1854.
FAshlOra.
peculiar characteristic of the various fashion
able toiettes of the day Is an excessive neatness in
style.
As favorite materials for evening robes, we NAV
quote organdi and taratsne They
are made with double end triple skirt, with figured
borders either 10 white or some rich but subdued
color, ard produce charming effect. On some,
the upper skirt which falls from the waist over the
Others IL composed Of four 1appes, the sides and
bottom trimmed with the same design - On the
iouor aEirfa.