The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-01

IDDoE-Am european Express oo., ana I1 o1rnnnl'
iW.aoonIyo ~; H.n.sr, IL Exchange street, East.
The News.
The steamship Arabia arrived at Halifax at nine
s'elock last night with weeks later news from
Hurope The intelligence is Of the highest import
ance, both politically and commercially. An extra.
ordinary commotion was raised in London by
ne announcement in the Times that Russia had
unconditionally accepted the propositions Of the
allies. The funds went up three and a quarter
per cent, cotton advanced farthing in the pound,
and a panic prevailed in the breadstuffs and
provision markets 1t turned out, however, to have
been another Tartar hoax. The next day after the
publication in the Times the government on the
sushority of the British Minister at Vienna, an
nounced that Russia had merely consented TO open
negotiations the basis Of the four points presented
BY the Western Powers. The excitement immedi-
ately abated, but the buoyancy in the money mar
ket continued, consols at the last accounts being
quoted at S9A seq. The cotton market con-
tinned firm at an advance all descriptions. Flour
declined one shilling per barrel, and provisions
were dull. Count Esterhazy has presented to Count
Nesselrode the propositions Of the allies, with
ahe notification that if they were not I'M
uary, the Austrian embassy would forth
with leave st. Petersburg. 1t does not appear
however, that Austria contempates taking the field,
even in the event Of the propositions not being ac
cepted by the time mentioned. There is no news
Of importance from the Crimea. In Asia Minor
Nouravieffwas rapidly advancing towards Erzeroum
President Pierce's annual Message had been re-
ceived, and produced rather favorable impression
than otherwise.
In the United States Senate yesterday Mr. Nichol.
son, editor of the Union elected printer the
fourth ballot. Mr. Seward delivered his speech upon
be Central American question. We give it in full
in our report of the proceedings. Mr.. Foot will
next discuss the subject and is understood that he
will follow the lead of Mr.. Seward. Gen. Wilson
viii also speak upon Central American affairs. One
OF our correspondents gives an inkling Of the
Generals views upon this important topic He is in
favor of ahrogating the Clayton-Bulwer treaty and
the immediate recognition and colonization of Nj
earagua. After the adjournment of the Senate an
Executive session was held to consider the nominal
ton Of Mr. Dallas as Minister to England. 1t was
proposed to confirm the nomination without delay;
but on motion of Mr.. Clayton, who wishes to ascer
tain the views of the nominee questions Of foreign
policy the subject was referred to the appropriate
don onthe 18th of February. In the Mouse the in
tesminable question of the speakershp was kept up
A resolution proposing William Smith, Of Virginia,
for Speaker, was rejected by vote Of one hundred
70 one hundred and ten. Mr.. Hickman, democrat
of pennsylvania, again offered the plurality rule. A
motion to lay it on the table was lost by vote.
Pending the question on the adoption Of the resola
ton, the House adjourned.
No anf INN ba-
fore either branch of the Legislature yesterday.
The bill extending the time for the collection Of
taxes to the LIST of March passed both houses In
the Senate, after long debate, the resolution for
an inquiry into the official conduct of the Executive
as regards appointments to Office was withdrawn
by the mover, and Mr.. Baily's motion condemn
ing the language Of the Governors message towards
The judiciary with reference to the nonenforcement
of the Prohibitory Liquor law, was referred to
special committee.
Elsewhere will be found an appeal from the French
poulation Of Greytown to the American nation and
Congress for reparation for the destruction of their
property by the bombardment of that place. 1t Is
rather wordy and gurative for business men, applies
the soft soap over literally to the national vanity and
loses itself at times in maze of hyperbole but il
nevertheless makes out a strong case for the con-
vanity and indiscretion of the men to whom the
mana gement of our affairs is entrusted should lay
us open to such claims.
Our Havana correspondent writing on January
%. states that damp and boisterous weather pre-
vailed and much fear felt to the yield of the
sugar canes, which it was thought were badly
damaged. General Yermolof, of Russia had set out
n, route for New Orleans, bearing away the good
e.. AZ
cargoes Of negroes, numbering one thousand and
nnety-six, had been landed. Murders and robberies
were very prevalent.
We publish this morning report Of the speeches
delivered on Wednesday evening at the supper
given by the Young Mems Democratic Union Club
ON the occasion of their fourth annual ball. The
affair was very successful and all present appear 10
have enjoyed themselves with the greatest zest.
The cross-examination Of witnesses by the coun-
sci for the defence in the of policeman Church
Ill., charged with bribery, was resumed in the Mayors
Office yesterday at 10 o'clock, and continued till two
O'Clock in the afternoon. Mrs. Mary Ann Moore
and her husband, Mr.. Moore (the parties arrested
by Churchill for receiving stolen goods,) Thos Bur
rows, Hugh Masterson. and officer Smith, of the
Thirteenth ward, were the witnesses called upon the
stand for crossexamination, but nothing new was
gained from any Of them. The Mayors Office was
crowded with spectators as on the day before.
The sales of cotton yesterday reached about 5000
bales, 1000 of which were in transitu. The market
closed steady. The prices in New Orleans have
ruled pretty much during the season higher than in
New York, although the stock has been lighter here
than usual. This, 1t is supposed, may be in part
accounted for on the suppostion tina! they consider
the crop viii be under the figures put forward by
parties in this quarter, and in part to the fact Of
sharper competition there between more numerous
lass Of purchasers. The estimates regarding the