The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-06


The News
We give in an,ther column an acceun. Of the
failure OF The house OF Jacob Little & Co., of Wall
street. THE mag nitude OF the operations OF this
concern in the stock market has given it world
WIDE reputation, and the announcement of the fail
IRE created quite a sensation among stock soecula-
tors The failure is only on The stock contracts Of
The firm. All the other business goes on As usual,
ana the DR. Ats of it's correspondents plid To-
day. Mr.. title is probably the Oldest and was the
most extensive operator at the stock Exchange. Ee
has failed believe, twice before, but In each in
stance paid up every cent of his liabilities. principal
and interest, long before the tim. requested on the
sus5ehson expired. In al his dealings With others
the utmost iberality and generosity has marked his
conduct, and he will find now, as lie has before,
shat otosrs will do unto him ~ he has done ucto
them. The Stock Exchange win lose its m aster
spirit in the retirement OF Jacob Little. II is TO be
hoped that his absence will be but temporary, aud
that few DAYS VIII see him again in the harness
With energies improved by the short rest from his
labors
The ste. mship Arago, which left Havre on the
18th of November arrived at this port yesterday
morning, after a very rough passage. She had $751;
ee0 IN specie on board. Miss Anna VI. Lachaise, OF
New York, died on t7e Sd Instant, o. brain fever,
Oh the vessel. Although the news by the Arag has
ben anticipated by the ARRIVAL OF the Arabia at
Hahfax, Se have some very interesting extracts in
our European files received yesterday. The Arabia,
which errissd at Liverpool on the 18TH ut., an
sounced the news of Mr.. BucAanens election to the
Presidency, through the agency OF the associated
press. fact which is dwelt on with considerable
concern by our London contemporaries, on account
Of the probable difficulties which would cone
between cur government aud the European
Powers from any attempt on the part o.
his Cabinet to carry out the the doctrines
Of the 0s,end manifesto. The style in which Red.
path the great English railway swindler, lived, and
his liberal patronage Of the Opera the fine arts, the
poor fife banque.s and other public ovations
detailed al length and afori another forcible illus
saNon Of the position that IA man may sal'le ani
he Villain Three mates Of the ship Ocean Mo-
sarch az Liverpool, had been fined for a series Of
most a;rocious assaults on some Of the ere during
her passage from New York. Mr. Little Cashier o.
the Great Midland Rail way Of Ireland did no. CON-
NIT suicide, as reported by the Persia but was
dered as found at the inquest. DR.. Kane, in CON-
pany with NJ. Moses Grinnell, had let Englan fir
the West Indies. An important Communication on
the sugar movement in Europe is given elsewhere.
The Senate was not in session yesterday. In the
House the reconsideration of the claim of Mr. WHIT
field TO a seat in that body again came up, and an
animated discussion took place. Upon a division
which vas had upon the question, IL was ascertained
that majority OF three we've in favor Of his admis
sion Further action on the subject, however, was
n length deferred until Tuesday next, when the
matter will probably be disposed of.
The report Of the Secretary Of the Navy, together
with much other important and interesting mats.r,
viii be found in appropriate places in this morn
mgs edition.
Elsewhere win lie found an interesting letter from
Washington in relation to Nicaragua, which, To-
gcihcr with Central American lrs general y are
likely 20 produce much discussion in Congress at its
present session.
IA was stated yesterday that the President had
decided TO purchase the Brick Church property in
sAis city for Post Office provided good title could
be given, but has since changed his mind. The sum
" he paid for the property wa t4J0,0O0.
Resolutions have been introduced in the South
Carolina Legislature dcprecating the continual agi
tion Of the abstract theories relative 10 the slave
trade and other matters, dividing and distractng
The State and alternating from her the support and
sympathies Of other states.
Toe southern Commercial Convention assemblies
ai Savannah on Monday next Full delegations are
expected 10 he present from al the Southern States
The conclusion Of Hon. T. Butler Kings address
before the Geographical Society, on the Southern
Pacific Railroad, omitted in yesterdays issue, will
he found in another column.
The trial Of Baker for the murder OF Poole, which
haa Teen in progress at Newbarg for some days,
wns brought to a termination yesterday. After Q
favorable charge TO the Jury on behalf Of the priso
ner, by Judge Peabody they retired 10 consider up.
on their verdict. but the result OF their deibers-
rs was unknown at a late hour this morning.
trick Greedy. who was stabbed about two weeks
va man named Hartly, died yesterday in the
Hospital. Hary, II will be remember
Freely In bis wifes apartments, and In
dsy stabbed him severely that all e.
preserve his life proved unavaiIing The
taken before the Coroner Il given elae-
q detail.
case of Saltus va. Genin and lockwood, rela-
70 stockjobbing operations, came mp yesterday
ne Superior Court. Considerable evidence WIS
given In relation 10 the transaction, bat II had not
all been got through with when the Court adjourn.
ell. The evidence sheds considerable light on the
way business is done in Wall street
Virgil Mccormick was sentenced yesterday in the
United Stes District Court, at Detroit Mi.higsn,
10 twenty yearsive years imprisonment, for forging
afndavts to bounty land and pension papers.
The Canal tolls for the present year foot up
s2733,3ls against 81 ,sOs,O77 last year, being an
increase Of 1925 239.
The sales Of cotton yesterday embraced about
5000 bales included. in which were about
1000 in transitu all at full prices Common grades