Arkansas true Democrat., 1857-11-17

..The Triton among the Minnows."
 Re have been furnished with the following
 sxtract of letter from London, to A. Dudley
 Mann, Esq, dated
 "OcroBER g, 1857.
 Since 1 wrote to you week ago have
 been informed by message from Mr. Brunei hims self, that the Great Eastern will positively be launched between the 4th and Sth of No venber. Shortly thereafter she is to make an experimenta trip through that ever troubled water the Bay of Biscay, and perhaps proceed as far as Lisbon. The British public, so long reeardng her, as the wonder of all wonders, is becomng intensely impatient to witness her prpm sed performances.
 Merchants continue to express doubts, urecisely as they did of the Great Western, vhile the more learned adherents or the capa- citv of the mechanical sciences to accomplish an they reSolutely undertake, are just conf dent as they were in the instance of that re- nowned steamer.
 *' The Great Eastern must prove to be either | complete failure or a complete success There is no halfway ground for her to occupy. | heed not re-assure you that 1 do not enter tain the least fear of the former, and in the event Of the latter perfectly new system of naviga- tion will have been inaugurated.
 #. As in the Hong bridge on the Potomac, as is the ferry boat between New York and ersey Civ so will be the Leviathan between the two helnispheres. Her landings must be chosen Exclusively with reference to deep water easy entrances, safe coasts, good anchorage grounds. and an abundance of freghts
 q Nature seems to have formed the Chesa- peake for the one, according to your minuta description of the water adjacent to Old Point ns it undoubtedly did Milford Haven for the other"
 This letter, emanating from high source abounds with encouraging views to the friends of the steam ferry project. As doubting, as are many of our friends in relation to the suc cess of the Great Eastern, we are free to con. fess that we have had an abiding faith in her capacty to perform all that she promises.- Ihere never was so large an amount of scen- tihc talent and mechanical skill so sedulousv employed In the conception and perfection of any work of art, have been employed on this Leviathan of the deep. We presume that they as thoroughly understand their avocations and have made all their calculations as accu- Fatey, as does the mason or carpenter when undertaking to construct building. The re- suits, consequently, at which they aim, cannot fasl to be obtained; hence croaking on the sub- feet IS the sllliest of absurdities
 It is in adversity's school that the most valuable of all practical lessons are taught.- Its Instructor IS example, pointing out the mis. take ot the past, and thereby guarding against the dangers of the future. The slaveholding States to-day behold themselves the innocent wet ms, in pecuniary point of view, of the reck less, adventurous spirits of the so-called  iron their commercial dependence upon them -from the totally unnatural manner in which the foreign trade intercourse of the south is conducted There IS German adage, that as France takes snuff politically, so must all con- hnental Europe sneeze. This is emphaticaly the case with New York financially, as con- cerrs the slaveholdng States. They cannot refrain from sneezing when she takes snuff. because of their commercial dependence upon her. Look at what is occurring in New Or leans. Cotton in one day recedes in value 314 cents per pound! And for why? Not because there Is not natural active European demand; not because markets are overstocked; not be- cause there Is an over abundant yield No, none of these influences deprive the planter'of the three cents and quarter (snce seven cents) per pound on his staple, which he had such good right to expect; but, forsooth, because there was no exchange on New York; So with tobacco, so with rice. 50 with all the staples of the savehoding States. For the want of di- rect foreign trade-for the want of direct inter- course between producer and consumer--the loss of these States on the yield of this year will not fall below the sum of one hundred millions of dollars; sum sufficient to build forty such stermers the Great Eastern. No region in the universe could submit to such a loss, and recover from it, but that embraced within the bounds of the slaveholding States? The past we cannot mend, but we can profit by 1t. Let us concern ourselves, as judicious eitizeLs, with the future. In that there is a to engage our thoughts and our en- .rvies