The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-03

The steamship America, from Liverpool at eleven
O'Clock morning OF the 2lst ult, has arrived at Hall
fax. Her is three days later than that brought
by the Fulton and Kangaroo, at this port, and Is
highly important. The financial pressure, both il
Great Britain and on the Continent, continued t
bear heavily upon all, although it was thought thai
somewhat better feeling had sprung up. Quite {
number Of additional commercial failures had occur
red. We give list of the names of some Of the
firms in our Geographic summary of the news
The American house of George Peabody & Co. was
temporarily embarrassed, but through the prompt
intervention Of the Bank of England it was extri
Gated. Consols had advanced trife. Cotton had
declined one cent and half per pound, and bread
stuis were lower. The America brought about a
quarter Of million dollars in specie. She passed
when leaving Liverpool the Persia, which left this
port on the llth ut.
With the exception of slight revolutionary out
break at Barcelona the political news from the Con-
tnent is devoid Of interest.
Another and an unsuccessful attempt had been
made TO launch the monster steamer Leviathan
Our files of Hong Kong papers to the 25th OF
September contain accounts of the disastrous effects
Of terrible typhoon which ragged along the China
coast near Shanghae and Foochoo about the 4th of
that month II is apprchended that the disasters to
shipping have been unusually The ship Ariel.
Capt. Cutler, of and for New York, was dismasted,
and lost all her anchors. but was subsequently towed
10 Shanghai. The ship Horatio, Captain Hunger
ford OF New Bedford. bound for New York, had not
been heard of since the gale but it may be inferred
from this circumstance that she passed through the
typhoon in safety The three masted schooner
Carbon bound from Shanghai for Ningpo, Is re-
ported lost The above the only American YES
ses that il was thought could have been in the gale
A number OF British vessels were wrecked the
names Of which are given elsewhere.
We publish elsewhere copious details Of news from
Mexico regarding the disturbed state of affairs in
that unfortunate republic. A despatch from New
Orleans gives US important intelligence from Yucca
tan. sisal had yielded to the revoIutionists The
besieged revolutionsts in Campeachy still held out
sgsns, the government troops. The town vas
heavily cannonaded on the 18th utimo, but the re
suit had not been ascertained
We have detailed commercial advices from Mel
bourne, Australia 10 the 10th of September, Trade
was unprccedentedly dull, but as the long con-
tinued dry weather was being relieved by abundant
rains. an improvement was looked for. Gold to the
value Of 81 500 600 exclusive Of that by the steam
ship Emeu was route for England.
Il
upon the chances Of Gen. Walkers ehecting safe
landing in Ncarauga, that heavy storm occurred in
the Gulf, which was probably encountered by the
steamer Fashion, on board Of which the flbusters
were embarked If this should be the case II is not
probable that the Fashion, heavily laden and
crowded with men a. she was, escaped damage.
We have carefully examined our files and the reports
Of ships arriving at the Gulf ports since the 14th
IA c. onl
do not find any report Of disasters at sea or bad
weather in the region through which the steamer
probably sailed.
In our paper to-day will be found several interest
ing documents explanatory Of the causes Of the SC
we're financial disturbances from which the leading
nations Of the world are now suffering. Amongst
them l. letter from retired Statesman of Virginia,
tracing the origin Of these disturbances to the
nous amount Of capital, foreign a. well as domestic.
invested ia real estate out West. His views carry
with them good deal Of force, and although the
writer may perhaps, lay too much stress on some Of
the points which he relies upon TO make out his
theory there is no doubt that TO the cause which be
assigns large portion u the mischief Is due Had
there not been something however essentially rotten
In the financial systems Of Europe, II would be i'm.
possible for an influence like this TO have caused
such profound and general disturbance. As Sir
Robert Peels Bank act Of 1874 has been made the
subject Of good deal u discussion in the newspa.
per-, and will, NJ doubt be made prominent topic
of debate In Congress we think Il scful to publish
in syfenSo. the text Of that measure A reliable
statement Of the public debts of the leading nations
az the world In 1867 vii aso he found valuable
element amongst the data likely 70 be used in the
legislative discussions which present fiscal cond
zion must call forth.
The people of Kansas thoroughly aroused on
She subject Of the Leoompton constitution. Meetings
lave been held in which that instrumez has been
repudated In strong terms, and several proslavery
journals have it is reported come out strong in op-
position to L. We give reports Of two public meet
inCs In our columns this morning, at ono Of which
General Lane the military leader OF the free State
men, expressed himself in unusually forcble terms.
dispute growing out Of the municipal election
occurred last night, In the First ward, between Mr.
Burns, letter carrier, and James Leonard, hack
man in the course Of which the latter received a
couple Of pistol balls in bis body. The wounds were
considered dangerous
The extensive mailing establishment located In
Bethune street, near West tumbled down yesterday
with an awful crash. Some half dozen persons were
iuried beneath De ruins, one Of whom, named
holly was instantly killed.
The Board OF Ten Governors met yesterday.
panid Y Tcmann, the Mayor elect, was presca,