The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-07-06

the counsels Of Mr. Pierce and his Cabinet OF the two
proposed for their selection they bs tier pleased
with the ccverness Of Buchanan than the open hostility
Of Pierce Buchanan has " done /" the Britsher-nerce
would cat him, bones and all The former accords better
with the present humor OF the American people. They
chucke the clever address which killed two
birds with stone and recsnciled the amenities OF
diplomacy with the pretensons oil patriotism there
But they are not at present dpos symrthise gene
rally with the m0e ruculent predictions which SAVIOR
Of the bowie knife and the rifle.
For this be thankful, not only our own &C
count but on theirs too The unanimity which would
have reelected Mr. Pierce TO the Presidential chair must
have involved q certain consequence the assumption
OF policy pregnant with violence aggression and insult
Il would have proclaimed 10 the world that henceforth
the government OF the United States pledged and the
people Of the United States devoted 10 a system
which, while il dehed or violated the usual laws OF inter
national intercourse, at the same time coined fresh laws
for it, convenience or Pride and IL would not be
difficult to foresee that such system once permitted
through weakness or encouraged by connivance must
later lead 10 rupture with European States,
and, among them with this country
And what that would bel We forbear TO detail
the peculiar means OF muuai when eacn OF te
contendng parties could bring into the field We orbear
compute the items Of injury which they might respec
lively INFECT and suffer; on the one hand Boston, New
York and New Orleans dismantled, shattered dePopu-
lated and in flames the other, liverpool, Manchester
and Birmingham subjected not To the same ndgnites,
but TO equal misery by the loss Of their trade We leave
10 the commercial magination-an Imagination which in
our DAYS is active than any other-o reckon the
the BANKRUPTCIES the ruin Of private families and OF
associations which must follow such struggle. That
both countries could survive the strife and in veryshort
repair their losses Is probable enough but what time
torrent Of angry passions More important far than this
for II concerns nations only but all civilized
Europe-aer England and her rans Atlantic child had
inflicted these deep and searching wounds each other
when each had drunk mady of the others bloodwhat
would be the prospects of European liberty Al the pre-
sent moment dark, thick cloud hangs Italy, Ger
many, Servia and Turkey 1t is on the cast OF the die
that they rise free from their time hardened bondage
that their tiers be rivetted tgh y forever. At
such crisis is il OF slight moment that the two kindred
nations who enjoy the greatest freedom OF speech thought
and institutions should be embroiled in warfare which
0uld ~ q r
hatred II is secret that the great sovereign Powers
Of Europe, who look with dread and detestation upon
those institutions which give 10 the governed voice in the
government Of their countryand this definition includes
nearly all the great Powers-1re medtatng project for
smothering the nascent liberties Of those States where
thought not yet sted by the censor speech lsded
by the spy. dexerousy concerted plan OF operations
may strange the young liberties Of Europe and throw its
people back into the darkness and degradation of the mid
die ages Once done, this cannot be undone. But u do
this thing is especially needfu as precedent cond
ton il is above all things necessary that England
should be either distracted deblated by engross
ing and dangerous contest Whatever dverts her atten
ton drains her resources endangers he, influence,
gives accession strength 10 the Oh who hates
liberty and every tyrant who abuses ms pewer. Bat
how great does this accession become her energies are
consumed in parricda quarrel with that kindred race
which with her language and blood has Inherited her ira
dltons Of law, liberty and self government What would
not the despoc soyeregns give TO see England and the
United stat committed 70 long and desosting war;
Such strife would seal The fate Of free Institutions for
centuries perhaps forever would crush the germ Of
ituonalAm IN Sardinia. " would consgn the fair
provinces Of Rome an Tuscany TO the eternal sway Of
priestiy and Austrian soldiers would give full
rein 10 the barbarous caprces Of the NsaIoltn tyrant
II would stIangle Professionalism in Austria. II would de-
stroy free speech and action everywhere, and would
leave hope resource redress, save IN the Wild
outburs Of desultory Instruction the caprcious
geance n the cowardy stiletto. We know not If these
things have been considered by the American people.
they So they least worthy Of their
meditation. Meanw hle, venture TO regard an ndi
cation of less pronounced hostility the administrative
ference which they have given TO the civil dpiomatst
over the martial and bellicosc President.
Prom the Iordon Times (City Articic) June 20
The commercial advices from New York yesterday re-
rort little change in the money stock markets. Quota
vons generally steady but il not expected that
any considerable ement would be witnessed until the
arrival Of intelligence the course 10 be adopted by
the English gov eminent the dismissal OF Mr.. Cramp
The ahtcipatons respecting were greatly divided,
and consequently exercised considerable influence In
checking any disposition TO buoyancy but every one felt
convinced that II lord palmcrston should decide in
sayor Of Mr.. Dallas being allowed remain, a
great and permanent rise would be witnessed IN
all descriptions or securities. According 10 some
accounts, the existing uncertainty on the sub
ject constituted the cole reliance OF the specula-
kansas between the pro slavery and te Tree soil set
tiers that Terri ory Constitutes together tn the incl
dental ourages that aise out OF IN Congress, the ques
ton that really absorbs the interest Of the entire population
democratic candidate for the presidency, the opinion o.
the commercial community appears TO be that u 10 saier
for the choice 10 have ialea u2sn Mr. Buchanan than
upon Ell her Mr.. Pierce, Mr. Douglas or Mr. Cass siough
no great reliance Is placed the friendly sediments Of
any representative Of the party towards England or
France As far as could be Judged the OF Mr.
chanan considered likely but the present state
Of the country the political probabilities a the interval up
November when the election takes place, are too vague
allow Of any strong calculation. Toe candidate on the
opposite side remains yet 10 be selected and Is suppos
ed the choice will lie between President I'LL and
Colonel Fremont