The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-03-20

26th Of February. In conjunction with the Uncle
SAM on the Pacific side, this trip from San Francis.
co hes been the quickest which has yet been made
having been performed In twenty days and one
hour. The rsws, which is of the most exciting
nature, will be found in detail In another part Of
shis mornings paper. The intelligence of the fail
-ure of Page Bacon, of st. Louis, had reached
California and caused one of the creates: moneta
ny panics ever KNOWN In this country and so great
was the ran upon the banks and banking houses
that the heaviest and most important were obliged
to give way to the pressure and close up their con-
Germs. The following establishments in San Fran
cisco, otter vain endeavor to meet the drafts of
their depositors closed their doors the 23d ult
And suspended operations
Page, Bacon & Co, Robinson h Co.,
Adams h Co.. Miners Banking House,
Wells, Fargo Co.
and IL was reported that number OF the principal
merchants n San Francisco would soon be c,m-
PEELED to follow the lead Of the above named bank
ing houses. The excitement was not coained to
San Francisco, but spread, like fire on prairie,
throughout the entire State, and in places the
pepuiRce became 30 maddenei that they broke into
the vaults Of the bankers, but found them empty.
All business transactions were entirely suspended,
sId trade was represented as being completely dead
Fair promises were made, however, by the sus-
pended bankers that oil would soon be righted, and
q number of the most wealthy merchants had prof
Sered assistance 10 the distressed houses, in the
hope of temporarily satisfying the panic.ssricken
community and alayiug the excitement. For the
honor Of the establishments that have closed their
docrs, and that the enterprise and onward march Of
the States on the Pacific may not receive too last
ing check, we hope fer q speedy resumption on the
part Of those against whom the excitement now
teIds.
In consequence Of tue financial difficulties 10 San
Francisco, the shipment Of specie was very small,
the Northern Ligh; bringing only $92 1922, which
is some six hundred Thousand dollars less than the
average shipment by the Nicaragua steamers. The
shipment will probably be small for some tins to
Gene Owing 70 the continued scarcity of water bat
little gold had been taken from the mines. On the
10th February another attempt was made by the
Legislature TO elect United States Senator, which
wss unsuccessful and the joint convention decided
70 adjourn sine die leaving the choice TO the next
Legislature
The Legislature Of Oregon adjourned on the 1st
nit. WING convention to nominate delegate 10
Congress meets at Corvallis on the 18th April. Ar
raDgements for the extipgushment Of the Indian
title TO tie lard in the Willamette valley had been
completed. Business was dull. Tie capital Of
Washington Territory has been located az Olympia.
A democratic convention TO nominate a delegate
toCo1gress in place OF Gen. Lane is ID De held az
Salem on the 10Th of April.
The steamer Cabawbs arrived at tais port yes;er.
Say with Havana dates TO the l4,h ms. The news
is highly important Pinto, PlneIo aud Cadalzo,
abe conspirators, had bsen tried and sen,snced TO
death by the gsTote. Oar correspondents have
furnished full particulars of this sad afiir which
produced the greatest excitement q. Havana. We
also publish the ofi.ial statement Of the outage
committed on the American steamer Ell Dorado By
ihe Spanish frigate Farreoao, on the 6:h inst. off
Cape Antonio by firing twice 81 bsr, witaout signal
OF notice OF any desoripti, IN. Tnis affair puts the
climax TO Il long catalogue Of insults aad injuries
for which Spain win soon have 10 re4der W an
account
We publish full details Of the news from Mexi %
in another column. The bombss,ic a. counts of the
ettes. Of the revolu iopists are regarded inven
tions OF the government organs; and it is conjsc'
iured thai: under cover of these statements, Santa
Anna will adEoitly slip out Of the country and se
sumo a. Carthsgena his f4vorite pss.ime Of cock
lighting. We have also accounts from the RID
Grsnde. Our Brownsville (rexss) correspondent,
hsd been received for the march OF body of troops
from Ms.smoras, in order TO reinforcs the garrison
Of Vera Cruz. Col. Qaintarrs commanded the corps,
and II was said that Santa Anna thus removed him
owing 20 suspicion Of his loyalty, resoi-
lecting well his former sympathy for the fall.
ing fortunes OF General Aris.s Al saltillo
The general commanding hsd proclaimed G
grand gala day for the peasaaty, bu., WHEN some
were enjoying themselves, they were
seized by the military and most Of the sdilt males
Impressed SIS soldiers for the Dicta,or's army
Santa Annals downfall was hourly looked for. His
ate manifesto was utterly despised, and created no
sents.ion as II was looked on the production OF
The pen Of his minion Lares- A daring burglary
lad boon committed on tie banking house Of venda.
Fainsv & Co, Of Bro Ensyille. The country re.
NAMED gaiet.
From the Sandwich Islands we have advises TO
TIE Sd Of february. A Patriotic Fund" Com
miisee had bSen appointed by the British resdsntsr
v.th authority 70 receive subscriptions aud forward
then 70 England. The sloop-ofwar Portsmouth
had arrived Of Tahiti from Ho1olulu. II appears
itAi Ramehameka w., ike most newly inauguratsd
nonarcis, drssds \ conspiracy or a ilibusiero IN
VISION, and in consequence he has issaed proca.
mstion accepting Ct naval ali from Francs, the
United Ststea and Great Bitain, In case of danger
4 Rivas (Nica ragus) letter, dated on the 9Th or
Mach, states thai zoe people we're much Dissatisfied
with The recent acts OF Colonel J. II. whssIer our
nirster in tia. quarter. His conduct IA com uented
or az ttet OF en- opeh ibustero, whilst IN. mar
yyrep Il partfs at toe ON q o. the legation WAC
likely 20 resuls In Q most extraordinary smalgaua
.Va G fs..s. & ie ftsts. TIA /: s.S.s.s srus .