The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-29
News from Europe by the P.sif,c.

With regard to the rumors of peace, 1t does
not appear that there exists any foundation for
the confident predictions expressed by city
contemporary few days since. 1t seems Ger
tain that Austria has, as usual, offered her SER
vices to mediate between the belligerents dur
ing the winter months and it is said that the
proposals Of the Hapsburg have received the
sanction Of the Emperor Napoleon. But the
impression in England is that they will not be
more successful than the last endeavors Of the
like nature. One of the best informed CON-
mercial houses states in it's printed circular
that the immediate prospects of peace which
had for time raised the market were at
an end before the steamer sailed. Their
destruction had naturally an adverse inau-
ence on trade. Consols fell Sd; bread
stuffs fell, but recovered most Of the decline
before the steamer left cotton, which had
risen an eighth in consequence of strong east
erly winds retarding arrivals, lost the advance,
and closed languid. Money was in demand at
to IL on government securities. The Bank
of England lost e147, 529 in the week ending
9Th December and had received power from
government to issue nearly half a million
pounds, in paper, in order to supply the deficit
in circulating medium caused by the gradual
failure of private provincial banks. The
Odessa banks have suspended specie pay
ments, and considerable financial distress ap-
pears to prevail in monetary circles in Russia.
From the seat Of war the event of most inn
portance is the fall of Kars 1t appears that
| ltaI
to surrender the place; themselves becoming
prisoners ofwar. Omer Pasha was at Jugdeli,
on the Ingour; but from the inefficient charac-
ter Of his transport force and the wretchedness
Of his commssariat, he was unable to make
any movement. The Russian general, Moura-
vieff, appears to have evinced high qualities
and great energy he is half expected to fol-
low up the capture of Kars by an attack on
Erzeroum; and altogether creates good deal
Of uneasiness among the Turks and their
allies.
There had been no fighting of consequence
in the Crimea up to the time the steamer left.
On the sth a skirmish took place, party of
Russians having made an attack on the French
lines; they were driven back with severe loss.
The French are said to have completed q series
Of inexpugnable works, which will enable
them to hold Kamiesch with very small
force. On the other hand, the snow has fallen
in such quantities, and the frost has set in 50
hard that the roads through the interior of the
Crimea are excellent and the Russians are
daily receiving large supplies. One caravan
Of six thousand wagons is said to have reached
their headquarters from the north.
The Empress Eugene is to go to the South
of France for her approaching ACCOMPLISHMENT.
The event was looked for with great anxiety
by the Emperor Of the French.
Parliament was to assemble in January.
Prince Albert had again fallen into bad odor
in consequence of his taking leading part
in dispute between the regiments of guards
and the line.
PROGRESS OF ANARCHY IN MEXICO ANOTHER
PRESIDENT AND New CABINET--Our last ad-
vices from our sister republic of Mexico inform
us that the happy people of that delightful
country have just been blest with new Presi-
dent, the intrepid General Comonfort, the Osten
Sacken of the fortress Of Acapulco, the key
of that revolutionary movement which drove
Santa Anna once more, with his game chickens,
into the private life Of an exile. The rejoicing
Mexcans have thus had five Presidents in
about four months--Carrera, La Vega, Carrera,
Alvarez and Comonfort Vidaurri will proba-
bly, come next, and then we should not be sur
prlsed were General Walker to step in from
Nicaragua and make q clean JOB Of it-drst ia
the reduction of the whole country, and second
in its Remuneration" a Ia Texas to the United
States.
What farce upon "squatter sovereignty"
has been the republican history of poor un-
fortunate Mexico, or rather what a wTetched,
bloody, miserable tragedy, from first to last In
the pamphlet Of Hargous Brothers, addressed
to Secretary Marcy upon the three million blu
siness, they say that within the last forty
years there have been no less than thirty-eight
persons claiming the right to exercise supreme
executive authority in that country. OF these,
two have been condemned and executed for
alleged treason against the constitution; six
have been hanished or escaped into voluntary
exile; and five more have been incarcerated a.
State prisoners. Within the same period there
""'S pceh hfc ohsoihlt ioihlS VI soSSluuicht,
ranging between absolutism and anarchy
There have never been six successive
months in which there was not either
general revolution Or q provincial re-
volt; ard during the whole existence
Of this sol disant republic, only one Presiden.
who was elected under the constitution served
out his full term Of Office" What sum OF
corruption, degradation, discord, bloolahed
and misery is comprised in this brief eptome
OF forty years of Mexican experiments at seif
government! Some idea Of the demoraliziug
and deadly effects OF this hideous state of
things may be gathered from the fact that tie
than one half its original area, is still capable
of sustaining fifty millions Of people, has re-