The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-27
THE LATEST NEWS.
IMPORTANT FROM WASHINGTON.


~N.ooNo.eo~~~-~o~->>-+
Arrival or Governor Walker-His Interview
with tho ProsAdent-Their Antagonism Re-
speCting the Kansas OBSERVATION-DISCLOSURES Is
10 be D0nc-The Financial News from Eu-
rope-Condition OF Monetary Affairs there
Position OF the Banking Houses-Mr. Bel
mont,s New MOvement-Mr. Slidcll and the
Futurc-Certain New York Democrats In
Bad Odor at Headquarters, &c, SC.
WASHINGTON, Nov. %, 1857.
The Kansas question has again suddenly assumed a
gloomy and threatening aspect President Buchanan had
endorsed the action Of the Constitutional Convention and
approved Of the plan for submitting the Constitu-
ton to the people This l have stated in my des
patches Now Governor Walker arrives and swears
the oath Of Hannibal against the whole proceeding
He pronounces il an outrage upon the people
of Kansas and shameless violation of all the principles
of free government He is absolutely opposed TO the
constitution and stands pledged to defeat it, An effort on
the part Congress- he TO force that constitution on
the people Of Kansas, without their voice being heard
for or against il, will surely be followed by re-
bellion and bloody civil war. He describes the
opposition to as almost universal and says no party
in the Territory favors t. Thus the President and
Governor Walker brought in direct opposition on this ex
citing and embarrassing subject
At one O'Clock to-day Governor Walker had his first
kindest and most friendly interchange Of views they
parted to sleep upon the question: and will meet again
70 morrow. split between these two dstn-
gushcd officials would be productive just now
of disaster to the country and perfect ami
hilation to the democratic party Can they re-
concile their difference of opinon2 Mutual friends
here hope So but the parties themselves fear not. Mr.
Buchanan thinks that submission OF the slavery clause
to the people was much gained and as this was the
gist of the whole dispute he deemed it his duty to ap
prove Of what was done, If he could not have the
whole constitution submitted he desired Gov Walker
says slavery not the issue among the people of Kansas
that has passed by but all the issues affecting their
government community involved in the constu-
ton which they denied the privilege TO vote and
they will resist at all hazards the attempt to force upon
them, and to this resistance he, himself is absolutely
and. uncompromisngy committed Can the Governor
back DOWN. He certainly never will. But may
he not return to Kansas and urge q free, full
and peaceable vote upon the slavery clause, under
against the rest of the constitution and having rid
of this incubus there being three hundred the
Territory who would vote for the clause there afterwards
leave Congress to send the rest OF the constitution back to
the people for proper vote upon the instrument tse
This it Is believed Governor Walker could do with
out any sacrifice of principle position. If so,
should he not great lookn ing the good
y, u,
the difference Of sentiment and avoid its unhappy
consequences
learn that the constitution itself is yet dscu
ment the Territory, and still in the hands of the
mttee, to be altered and amended as they may
think proper Twenty dollars offered for a
copy of ii by gentleman, but it could not
be had II is the earnest desire of both the President and
Governor Walker to agree upon common PLATFORM
upon which they honoraby sand and frequent free
and friendly intercourse may lead to this If not, we
have had but the end of the beginning OF " bleeding
Kansas"
have letters from the highest diplomatic authority
in England which speak very dscouragngy of the cond
ton OF financial affairs there The wses doubt the
of the present crisis and il feared that the of
enterprise will throw many thousands of employment
and lead to fearful bread riots.
The fact is the whole political and financial systems Of
Europe rotten to the core. Every government is
overburthened with debt and each year sees some re.
newcd shemc Of loan trick to the deficiency OF
the budget. Al the same time manufactures and trade
have been stimulated in most nordinate degree for the
last years and the merchants aud manufacturers are
all involved in vast kiting and specializing movements
which the present revulson in American trade likely
blow up
The trade of this country has became important
to Europe that the slightest wavering here is fol.
rcmbIng tncre bnc-thru oil all the exports
England to the United States being much more thar
goes TO any other country Thus is that American
houses take such leading positions In London and Amcri
affairs watched with such interest But the lead.
ing banking houses Europe, not excepting even the
Rothschilds and Barings managed by who,
though very good in smooth fair weather times have
the ability and talent necessary To meet grand
tary crisis and they have been shifting along till now
they are all on the verge of ruin.
II is stated here that Mr. Belmont will 90 Minister
either Madrid Paris but that the Rohsehids during
his late residence in Europe having discovered that he
possesses great talents nancer, he will 90 Paris
he arrange the business OF his New
York, and take the management Of their house in the
French capital. He will leave political life altogether.
Mr. slidcll, have repeatedly informed you will not
90 to Paris His great influence Is wanted
In the Senate and he will be kept in reserve a. tho con
scrvavc Southern democratic candidate for the pres
dency In 1860 His steadness OF purpose and reliability
under all circumstances felt to be Of great usefulness
In the present uncertain condition Of political parties.
The President and In fact every member Of Cabinet
indignant at the OF certain democrats New York
Of whom holding high positions under the nd.
mnistra,ion, in opposing the regular democratic party
Unless am greatly mistaken, some removals will be made
In New York before another wanes.
Bids opened yesterday at the Treasury Department
FOR building a custom house al Perth Amboy New
Jersey, and it awarded to Blaisde Emerson, Of
Boston, their bid being lowest
Disasters at Sea.