New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-26
THE LATEST NEWS.
RECEIVED BY
MAGNETIC TELEGRAPH.
FROM WASHINGTON.
sreci. Dispatch to the N. 7. Thbune

Special Dispatch 70 the NJ l. lnoone
WASHINGTON, Jan. 25, 1857.
Cyrus W. Field, Mr.. Hunt and other managers
of the Ocean Telegraph here in full strength to
press their project through the House, where OPP
position is anticipated. The bill as passed by the
Senate grants more money to the enterprise than
these parties expected, or were prepared to accept
The arrangement with the British Government
conditioned that ours should be the same in prin-
ciple but not in amount, since with their Colonies,
and twenty odd Governors, the bulk of communl-
cation would necessarily be larger. When this
subject was submitted 10 the President and Cabinet,
there was distinct understanding that cOmpen-
sation should be regulated propOrtienatey to the
estimated difference Of service. Aside from this
objection, no serious opposition is threatened.
No official information has been received here
giving assurance Of Lord Naper's presentation OF
credentials during the present Administration.
The next intelligence from Mexico is looked for
with interest az determining the course Of Presi-
dent Comfort in premuging the Constitution
adopted BY the Mexican Congress, which was fixed
for the present month.
In the recent foreign news it was STAYED that
Santa Anna had given his sanction to movement
in Spain for establishing monarchy in Mexico. 1t
il known here thu. an agent fOr the same purpose
visited Louis Napoleon within the last three months,
but found no encouragement for the design. Santa
Anna desires the restoration any terms, forget.
ing that this Government could not be apassiye
spectator should foreign force be employed.
To the Assoclated Pr.A
WAsHIYGToS, Saturday, Jan. "a, 1857.
Learn that the leading iron manufacturers OF the
United States about TO assemble In secret conven'
ton At Philadelphia the object Of which is to urge the
retention of Mr. Guthrie upon the incoming Admins
uation to secure the recognition by Mr. Buchanan
of the duty Of the General Government 10 extend Incl
dental projection to the iron industry in the dsburse
pent a well in the collection of public moneys. IL
10 understood this is proposed TO he done by the prefer
ence of iron materials as far as practicable IN the
public consumption.
Mr. Buchanan will leave Whestland for Washington
as soon as the travelling becomes good. large mum:
Der Of expectsnts are already around, having arrived
within the last two days.
Mr. Appleton has about completed bis arrangements
for taking charge Of The Union newspaper. He 10
ovenun with country editors, principally from Viz
GINA who are DESTROYS of getting the position OF as
stsDts on that paper He treats them all politely, but
commits himself TO none.
WASHINGTON Jan. %, 1857
II 10 authentically reported that the President has
signed the Contempt Act, which Is come I1ently
now a law.
The Submarine Telegraph bill wiz probably come
up in the House tomorrow and il Is thought en- effort
will be ade 10 pess II under suspension OF the rules.
sample of the cable Is view at the National
Hotel, and attracts great deal of attention.
Tie weather here has become much mi'dcr.