The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-29

The demand fer morey continues scttve, su. tia mar
kst is scarcely stringent The Bank Eng and how
ever, has not ss.ed any disposition TO eqqAEs It's
rsts Of discount Gold contnces t, ssrlve SO frem
Austria Ia. Consos have sight i'm proved Gnd closed
steady st 935s TO 93H for money.
In American st steaey dem.nd An ned for State
securities and good railroad bonds.
In Asnohet ter and several Of the scen r.uusactur
irg towns the Whitsun.ide week Ia partial holiday.
Consequently (he broker. horz4o circular repor,s)
the Liverpool cotton market has quiet but steady
considering the be.vy arrvas ths vey limited
msnd from ,he trace This present policy Of the trats
to avoid extensive purchases uut the Of the
ari ct be tested by the free srrves which would
esst give them better sectop lie holoers lok with
confidence to the prospect OF The money market
becoming easier with fhorteti.g recepss, and .
fair working demand. The weeks import reached
10000 bales, with 1863 0c0 st STA Weeks sales,
$3.50 bales, including 1910 speculation and
$40 for export Middling snd better qusndas
of American maintsiDed last weeks quotations. while
the lower qualities slightly easier Fair eaus
i'd; middlirg Orlesns, b.16d tar MOBILES, 6ald.;
nfddling Mobiles, esd; fair upands 6ad n,sdd ing
uplar ds, 6Sd; inferior Qualities from Id. to sxd.
Sales, Friday, 5000 bales, inclod.g 600 specaA-
ton and for export Total stock, 6s- 200 including
4e3, $50 American.
Wheat a; -four each ct only dull sale during the
week ard prices must be quoted the lower Indian
corn had been in fair inquiry for shpmen, to Ireland
tie Brokers' Circular uLchsI god rates. but re
liable firms quote 3D. to Is eay white Northern
3os white Orleans, 29s 29s. Cd yellow and mixed,
2Ss. Cd. 29s. Per 4S0 lbs red wheat 9s I'd q los.
3D.; white, es 3D. lie. per 10 lbs Western canal four
32s . a4s. Philadelphia Baltimore ard OHIO, a5s
37s.; FOUR of all kinds, 30s 3Ss. per barrel In5iAn
corn neal 15s 16s per barrel of 196 lss The French
markets continaed to ADVANCE ana New York Iur 1t
Havre had advanced to 40k francs.
Prcvieions generally continued steady. Lard rather
easier, and coed refining qusliiss quoted at $685. s5
Go. North American tanow was moderate demand a.
48s. \ ABS. Cd.
In Naval stores rosin lower 10 consequence of ex
pected arrvals-4s 4d 4s Cd for comm n and e. "A
los, for fne Crude turpsntne retail at ss &c. 3d.
Per cwt Spirits of turpertine quet 32s sSa Lin
seed Gil In better demand at 30s. Sls. psr cwt.
Ashes quoted a 8s s8s. 3D. for pots and A0 41s for
pearls moderate amount Of business done in dy woods
At unchanged prices. Coffee quiet. Sugar VAs in
good demand 1t full prices.
The Monroe Doctrlre In Central Americ.-
From the London Times, Mar Isl
One remarkable iesure Of United oipomacy a.
represented by Mr. Buebat an ought not be passed
over in alta ement Of the Centr.l AusricAn question
Nu
that is s dsposi Ion appeal certain gsoersA pot
cal ms xims dida less abshed in Uni ted
tavt srd Of the nature Of iona, law shich bolh
sices In the controversy bound respect We
that general maxws enter largely into the struo
tuIe of international law and all law, but maxfms
whish are allowed suSh an authoritative paje
are general maxims oniv: rcey are traths,.
principles, or rules which either spprcye them
have been povsd BY s1ps,eacs to be nsoessssy. and
have thuf obtained universal We have yet
TO that It Is allowable for either side H. dplo-
attic controversy to br own msxim into the held
AID argue thsm without stoppg inquire whsthsr
the o,her eide Ack NOV OF them Diplomacy
conducted upon such prcple as this must 90 -n less,
because each side win To sure to be armed With the
to is opponent and no conclusion will ever CO no from
such jarring premises.
force and authority fer deciding the Central American
question One OF these is what he calls ss,he Monroe
ooctrir e.
announced ia public 70 Coz in
dent condition which thsy assumed ntsnsd are
he 70 s FOR Ss
Known hroughogt The world as ne Monroe dosus and has
dents as wei as of large majority of the American reopo
Mr.. Buchanan then says that We are violsung this
m, Kim IN the case Of 'he a'.quito er'i.o.y ana in
particular treaty not to occups or fory coootze the
Mosquito territory, that treaty otods But here is
to general maxim current In the United States;
dic Of Pres cent Monroe, if sntsceien ly to any
compact,
autr oritatve occupyil any part
Of Central America. But, as Lord Clarendon says-
With regard to the doctrine laid down by Mr Preden Mon
ca, BY Euopsan states international a.nm
enis be view :. The dum Of The psr.onssa
who delivered IT. but her Mjesiys government ,snno. admit
the conduct of European states
Another maxim to wricn Nj. Buchanan appeals as
interfering vi pro ecto-ate OF Nos
quito, is, indeed, singular ore:-
Surely he eays the Mosquito Indians ought to prove
81 a. he e a.p Pye sm Esn G
never actually been spsdusa y Spain IBIS sond give The
DIiTsples sSS practice a whoa
wei IL arss extent Of isscros
bes nSss 0"sn' occupied 0' ns'' A'a h''n
Mr. Buchanan argues from this maxim that we caruot
hold Professionals Mosquito because that would
be to ackno Wedge Aopquto Is an Independent state
whereas 1t Is American maxim that natl 70 Indians
cannot constitute an independent State.
Now allowing this maxim, for arguments sske sueey
Mr. Buchanan must have forgot that his Of It In the
present question directly and pointed conflicts with his
late the Monroe maxim because or assu ns
dominion over Mosquito. He vi,lats The
Ldependence of Mosquito. Our professionals Of Mas-
quito figures a. the appropriation Of that tory
the n,au'ipsson Of it-tns nque.t Of it or
erection Of II into independent Stateexs.y accord
pR as the one or the other Mpect suits Mr. BahanAn
'nsxims and the argument he d,swn fron them.
protectorate is . sovereignty, . colonization an
assumption of dominion when It opposes the Monroe
msxm; Is the pso dcto OF the
pendence Of the State which il Is 1t
opposes the American maxim TO IndiAua
But what to ray to such maxim this being
brought forward at all in the controve sy AMI appeAed
to 1t were authoritative How can the rules and
IDEAS which governed the copques OF America CEN
turies be referred to 81 bindog, and
tirg precedent which Is t, regu ats relations to
ward native Indians for all timer Mr. Buchanan wants
the aid OF authority for low appreciation Of Indians he
get plenty Of 1t f,om those Times. Pzsrro aud Cor
Will back him up Bat IDEAS of that sgs are not
now in Europe thought authoritative. We consider on
this sice Of the Atlantic that We have her improved
upon them and have been a terpg ourselves that we
arrived at jus.er and benev len. eatms Of
! the tights OF man. As Lord Clare ndon Says
II certainly that Britain Spain and the nited