The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-09

| been tried during the past week one hundred and
fifty civil actions, averaging rs for each Judicial day.
Cotton sod on Saturday to the ext,nt Of about 600
bales, at decline OF about ac. per h. There wore
said 70 be buyers at 10c 1Ois, while holders
demanded l0ac for middliQg uplands. Small lots
we're reported at 10lc., while 1t was refused for
large lots. Common grades Of -four continued firm.
| Michigan Rhite wheat sold at 50 AZ. Indian corn
again closed easier, Western mixed sound a. 9lc.
| and yellow at 96c. Pork continued buoyant and
| closed at firmer rates. To Liverpool 1000 bales
Of cotton, compressed, were engaged at 3-l6d, and
$4,000 bushels of corn at 3ac. 4ac. in bulk and
bags.
soulu's Mission to Spaln-His Splendid Pro-
gramme-Amer1can Balance OF Power
Maxcy's Txeachely and Mr.. Plerce's Imbe-
cility.
The forthcoming history, by Hon. Pierre
Soule, of his unfortunate mission to Spain, will,
we have every reason to believe, throw food
CT light upon the mysteries of this enterprise,
which neither our well informed European let
ter writers, nor our Washington reporters, nor
the official correspondence communicated to
Congress by Marcy, have satisfactorily cleared
up. In the meantime, from our latest informa-
tion upon the subject it appears that Soule, as
one of Mr.. Pierce's European diplomats, had
far higher object in view than the simple acqui-
sition Of the island of Cuba; and this object, the
reasons for it, and the causes Of it's defeat,
very few words viii suffice to explain.
First, Mr.. Soule considered himself the repre-
sentative of d new, positive and progressive
democratic administration. He believed that
President Pierce had laid down in his inaugural
address the exact outlines of both his foreign
and domestic policy-that these outlines would
be filed up by such active measures, diploma
tic, legislative and executive, as circumstances
might demand; and he also believed that this
policy Of the inaugural comprehended
new system Of American diplomacy in
Europe, looking to that general recogni-
ton of the greatness and practical power
of this republic on the Continent, which the
royal courts Of Europe have SO perseveringly
ard consistently sought to deny this popular
monster of America" To attract the attention
of these royal courts to the subject Of American
diplomacy, it was necessary, first, to create o
sensation upon some definite object Of universal
interest; and, secondly, to shape out from the
rival powers Of the East such incidental diplo-
matte alliances as would secure an American
balance Of power 10 the West.
Entertaining these ideas in connection with
Mr.. Pierces inaugural, and from certain free
and repeated official conversations with the Exc
cutive, Mr.. Soule accepted, and prepared to
fulfil his mission to Spain, under the new demo
cratic programme. If he mistook the surly
silence of Marcy upon the subject for his
acquiescence ana consent it must be admitted
that our exambassador has paid the penalty Of
his folly, in being resisted oy the State Depart
ment at every turn and in being finally over
thrown by the most smooth-faced double deal
ing and duplicity. Confident, however, that
all was right, that Mr.. Pierce would stick to
his text, and that Marcy was honest, Soule set
out for Spain in the summer of 1853. At that
time there was no war between Russia and the
Western Powers. There was faint muttering
Of thunder along the distant horizon, but there
were no serious apprehensions of the terrible ex-
plosion which has since concentrated the avail
able forces and resources Of the three greatest
Powers OF Europe, in life and death struggle,
in that barbaric peninsula of the Black Sea.
and France, touching their grand idea of "a
balance of power" against these United States on
this continent, had been pretty sharply defined.
The tripartite correspondence upon Cuba with
Mr.. Fillmore's Secretary Of State, Mr.. Everett,
had disclosed this Anglo French policy with
some distinctness ard the subsequent pro-
ceedings of English emissaries in Cuba, and the
subsequent diplomacy between England and
Louis Napoleon, left no doubt about it They
| had discovered that the transfer Of Cuba to the
| United States would be death blow to what
ever schemes of naval power, commercial su.
premacy or colonization in the West Indies
and Central America, either England or France
might entertain; and they had resolved, accord
ingly, that Cuba should not be absorbed into
the American Union. To this beginning, we
apprehend may be traced the present Anglo
French alliance against Russia.
At all events, our Minister to Spain, in
1853, in his negotiations for Cuba, had
resolved, before leaving Washington, that
q diplomatic diversion on the Continent
against the grasping maritime policy Of
England and France, was indispensable to the
success Of the American policy OF Mr.. Pierce's
inaugural Our ambl ssador, therefore, pre-
pared to actupon comprehensive scale Those
duels at Madrid we're but the instruments Of
bold and dashing diplomacy, intended to dis
cover the exact whereabouts of the French and
English upon the Cuban question at the
| Spanish capital That discovery was thus fully
made, and the projei Of that diplomatic Amcri-
can conference at Ostend was speedily hit upon.