The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-06

Bsh troop ship PerseSeNace. from slers Leone for
DemArars had been lost With all on board, but the
rumor was not generally credited.
A csse Of great importance to the shipping in
terest decided an appeal to the United States
Circuit Court yesterday, icing that Of J. A. j. ID.
secor against the steamboat Highlander The facts
Of the case went to show that the nbellants built
boiler fos the Highlander and put II on board For
this service they were to receive 81, 400, in four
payments, the last of which was to be by note at
three months, which. however. was not given. AL
the payments were made except the last. The IL
beants then lbellcd the vessel for the amount due
($3,000). and received judgment in the United
States District Court. The defence was that the
credit was given to Cornell, and not to the boat.
The decision of Judge lngersod, granting the LIBEL
was affirmed.
The Lemon case came up yesterday u the general
term Of the Supreme Court. motion was made
by one of the counsel to postpone the argument as
10 the right of this State to emsacipate slaves while
in txausitu. The judge intimated that the period Of
postponement would be annouuoed this morning
ibis case has been pending for years.
The culvert on the Central Railroad, west Of
Brockport, was carried away on Monday night by
the water undermining it. The o'clock express
train from New York ran over il before the damage
was seen. The baggage and two passenger cars
were thrown into the cu1sert. Some Of the passen.
gers received bruises but none were seriously hurt.
The damses TO the road was repaired yesterday
morning.
Information was received lest evening by the Ca.
nal DEPARTMENT, that two breaks had occurred in
the Erie canal since the water has been let in-one
at Utica, which has necessitated the drawing OF of
the water for nine miles, The other is at the Rock
Reef feeder.
The freshet in the Delaware river stin continues,
and much property has been destroyed. The Della
ware division of the Pennsylvania canal has been 20
seriously damaged that il will take from four to six
weeks to repair it.
Several extensive failures occurred at Boston yes
terdsy in the dry goods business The total amount
it ia said, will exceed million dollars.
The sales of cotton yesterday embraced about 200
800 bales upon the basis of about lac per h. for mid
ding uplsnds, which was slight concession In favor OF
buyers though the market unsettled For statements
regarding the and stocks of cotton refer
TO our city commercial report in another part Of the
paper. Flour was firm. with more doing, but wfhou,
change OF moment in quotations. Wheat rmer, with
sales Of prime Southern rcd at 81 83h. and white do
81 so a 81 49, Corn higher, with sales of Western
mixed and Southern yellow at SIC SEC. Jersey white
slc and Southern do. at Sc ssc Pork iair de
and, with sales OF at $23 Is s2S so. Sugars
active and Grm with sales Of 1000 500 hhds part
20 out of Market at rates given elsewhere. Coffee
lrm with sales of about 900 bags chiefly Ro private
Freights continued heavy and engagements
Tho I,d 40
Europas news, due AT Halifax.
The Rejection OF the DalAas-ClarendOu Treaty
Our New Relations with EnHiand.
The rejection Of the amended Daiias-Cl
don treaty by Lord Palmerston, continues, &C
cording to our telegraphic advices, the ruling
topic in diplomatic and political circles at Wash
ington. Lord Nspier, il seems, was no less sur
prised at this sudden change in the wind across
the water than was the President and his Cabi-
net. We are further advised that Mr.. Buchanan
is by no means satisfied with the reasons, expia-
nations and conjectures he has been favored with
concerning the rejection by Lord Palmerstou Of
this amended treaty. We dare say, however,
that before another month shall have elapsed,
our Cabinet will not only be favored with the
lifting of the curtain, and front view Of the
principal actors on the stage but with some valu-
able glmpses OF the machinery and operators
behind the scenes.
We apprehend that enough has already been
treaty, in any shape in which il many now be
worked up by either side. II will also, we fear,
prove to be waste Of labor, time and diplomacy
TO attempt any new negotiations upon the
basis Of joint protec,orate over the Mica
ragua route, and the States near or through
which il passes Within a few months the
British Cabinet seem TO have repen,ed of
their last summers magnanimity in regard
to Honduras and the Bay Islands; and we think
IL will very shortly appear that Palmerston'spre-
sent resolution Is 10 hold fast 10 that group of
islands and the main land adj acent thereto. with
q view 10 the absolute possession aud control Of
a transit passage between the two oceans in that
neighborbood. Doubiless. too, Lord Palnerston
has adopted this course a. providing check for
the future against any over-ambitious American
filibustering in Central America and the West
India islands.
If these views OF the general question be cor
rect, our new relations with England will de-
mand new line OF policy at Washington. II
England refuses 10 surrender her quasi colonies
and sinister colonization schemes in Central
America, il will devosve upon our Cabinet 10 Gu.
loose from all entangiing alliances with her, in
GLIDING the abrogation of the Clayton-Bulwer, the
Clarendon. and all other joint stock treaty
stpulations or projects upon Central American
affairs. The anticipated opening Of all the bays
ports, nlets and rivers Of China TO the CON-
merce of the world, has, IL may be readily ina
gined, suggested to the sagacious mind Of Pal
merston the immeasurabe importance that