The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-19
Ths News.

NE Bahama Banks on the 7th inst, and will proba-
bly, prove total loss. The passengers, crew and
baggage, and the mails, we're taken to Nassau, N.
p, by wreckers, and vessel had been chartered to
convey them to their destination.
No business of interest was transacted in the
Senate yesterday. In the House an animated dis
cuasion upon the state Of parties, partaking
10 some extent Of a personal nature, was kept
MP until the adjournment. Voting for Speaker
seems to have been dropped, as if by common con-
sent. The debate win doubtless be continued until
some sort of compromise between the beligerens is
effected. We have given our views of the condition
Of affairs in the editorial columns.
Much interesting and important information re-
speeding our foreign relations will be found in
spe ial dispatches from Washington. There can
not be possible doubt OF the perfect authenticity
Of this intelligence. 1t is stated by
respondent that Mr.. Marcys demands upon the
British government require, among other things,
the recall Of Mr. Champion, some other public act
Of equally signal satisfaction to the United States
Be that point, much controverted and discussed
by the newspapers and their correspondents, may be
regarded put at rest now. Our negotiations with
the Spanish government are progressing No
action has yet been taken in the Cabinet the
recognition of Walkers government but it is re-
nized. Both public and personal considerations, it
b said insure the rejection of Col Parker H. French
ss Minister from Nicaragua.
By the arrival Of the Asia at Halifax we have
one weeks later intelligence from Europe. Her
Asws is singuaily barren of interest. Rumors of
peace still continue to float about in the political
stmosl here, but they do not seem to have much
consistency. The London Times, and the organ Of
the conservatives the Press endeavor to create the
Impression that Austria ia about to take decisive
steps to bring Russia to terms; but that story has
beeu too often repeated to gain much credit. It is
besides, entirely at variance with the tone Of the
leading Continental journals, which are usually well
Informed on the subject Of the diplomatic move
nents connected with the war. One thing is
certain, and that is, that the Russian pa
peEs seem to consider the war as only be-
CLAIMING in earnest, whilst on the part of the
Russian people there is pressure for peace. The
government paper has suffered very little deprecia
Aon, and money is said to be abundant in Moscow
The only statement which appears to be at all relia
BE, in connection with the report Of negotiations
having been set on foot, is to the effect that
communication had been made by the Austrian
government TO the French Emperor emb0dying the
terms which the Vienna Cabinet was prepared to
propose to Russia an ultimatum. They had been
submitted by France to England and were under
consideration. These terms are said 10 be great
advance upon any that had as yet been proposed.
The question is whether, supposing all this to be
true, Russia would assent to them.
The Paris correspondent Of the London Times
states that General Canrobert has returned from
Stockholm and that his mission has been entirely
successful, the protocol Of the convention between
The allies and Sweden having been signed. The terms
arc said to be highly advantageous to Sweden,
which means that she is to have Finland if she
get 1t. The adhesion Of Denmark was expected
The London Morning Post, which processes to be
we'll informed, again pertinaciousy contradcts these
statements Of its contemporary.
There is not single item OF news from the
Ofimea. Everything remained as at last advices
From the Baltic we learn that the allied squadron
had passed the Belt on their way home.
There was rumor in London that Kars had been
taken by the Russians, but it seems not to have any
serious foundation.
We have no further intelligence from Copenhagen
respecting the proposed conference on the Sound
aues-
The British Parliament had been prorognei to
the 31st Of January. The King Of Sardinia or the
King Of Nincompoops, as the French call him, had
been the guest of Queen Victoria during the week,
and had left on the Thursday for Paris. The Lon.
don ieges had turned out In full fig to do him honor.
The English, now that they are beginning to re-
alize the pressure Of the war; have taken to finding
hnlt with the currency laws A meeting had been
held in London on the subject, and several others
were announced as about to follow
There had been marked improvement in both
The French and English money markets, owing, II
WAS said, TO speculation.
The packet ship Constitution, OF New York, was
totally destroyed by fire on the morning Of the 9TH
Instant while lying at anchor in the river Mersey.
The Asias news yesterday was published at too
hate period in the day to influence leading arti-
cIes OF trade. Before it came to hand, about 300
bales Of cotton were sold in transitu, and 600 do.
On the spot, based upon middling uplands at about
DC. Some supposed that as consols were up and
Hhe money market was easier, that, in case these
favorable indications were maintained for any length
NJ time, cotton was most commonly the
case, would sympashize with them, and experience
an improvement both in demand and in prices.
Prior to the receipt Of the news views differed in
regard 10 its probable results. majority Of deal
err anticipated some decline, and hence TO them the
news was regarded as favorable; while some others
booked for an advance, and WERE Of course,
disappointed. Flour was duh, and common
grades were fully ste. per Dbl. lower. Wheat was
steady, and without further change In prices. The
chief transactions were made in Western red. Corn
was at 97c. 9sc. for Western mixed (oId), aud SOC
94c. for new Southern. Pork was little 6rmer
sos new mess. Beef was dull, and lard firm. Sugars
were firm, and about &c. per ID. higher, with mode
rate sales Of Cuba and new crop New Orleans. COT
fec was quite steady, with sales of 1000 bags Of Rio
at prices stated in another column. Frcights were
without material change in quotations, while en-
gagements were moderate.
From Buenos Ayres we have files to October n.
Generals Bustos, Lamea, Flores and other chiefs,
were again In revolution but at last date Flores was
In retreat towards Ensensda TO reembark for the
Oriental coast. Lamela was up in the north and a