The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-28

The NEWS.
We have news from Europe to the 18th instant
brought by the steamship America, which arrived at
Halifax yesterday afternoon. In financial point
of view it is important. The Bank of England had
reduced the rate of interest to three per cent and
consols had advanced to 96t. The cotton market
was unusually active at considerable advance In
prices while breadstuffs were correspondingly de-
pressed.
A shocking catastrophe had occurred on the coast
of England. The ship LeaHder, Captain Curtis, of
Bath Me-, and the steamer North American, came in
collision. and in a short time after the ship sunk
Carrying down with her the captain wife the second
mate and eight of the crew. The captain and the
balance Of the crew, eleven in number, were fortu
nsteiy rescued
There is but little political news Of importance by
This arrival. Lord PameTston had introduced a
bill in the British Pertinent providing for the trans
fer of the governmental control OF India to the
Crown In France reports were in circulation OF
The designations of Marshal Valiant Minister of
Var and Of Count Walewski, Minister Of Foreign
Affairs.
The steamship Moses Taylor arrived at this port
yesterday from Aspinwsl. with the California mails
10 the 10Th ult.. more than million six hundred
thousand dollars in treasure, and news from Salt
Lake. Oregon, Sonora. the South Pacific, the Plate
Provinces New Granada, Central America, and the
West India Islands.
The news from California is interesting. but not
important. Money was scarce in San Francisco
and the receipts of gold from the interior quite
limited. The markets were again overstocked
with all descriptions OF merchandise except flour.
In this commodity some speculation was going
on, and prices had advanced to higher
figure than had been demanded since 1858.
More than the usual number of murders and
afrays had occurred in various parts OF the State.
AT San Diego. Mr.. Gstman, Sheriff Of Los Angeles
county. had been killed by an insane man named
Reed. from Texas In subsequent attempt to
arrest the murderer regular battle ensued which
resulted in the killing of the homicide, his body
being riddled with balls. thrilling account OF the
affair is given in our compilation of the news.
suicide mania prevailed at san Francisco. No less
than thirteen suicides and attempts at self destruc
tion were perpetrated during the fortnight previous
20 the sailing OF the steamer. duel had taken
place between two French editors. They fought
with small swords and both were wounded.
There il nothing important from Oregon. The
gold mics Frazers river were said to be rich in
the precious ore.
The Intelligence from Salt Lake City represents
the Mormons suflerirg for want of provisions,
clothing and dry goods. party had arrived at the
Mohave river in quest Of supplies and with orders to
prevent the further emigration Of the Saints from
San Bernardino Two companies OF artillery had
been sent 10 San Bernardno TO protect the nhabi.
tants from any violence from the Mormons.
Accounts from Sonora state that Gandara had col
Iected o large force Of Indians and attacked the
government troops at Guayanas. They were how
ever. repuL-ed after two days fight. An attack on
Capt Stones surveying party was appchended.
The news from Central America Is interesting
Our itinersnt plenipotentiLry W. Carey Jones. was
negotiating al Realijo, awaiting the arriyalof Cen
lamar. our newly appointed Minister to the Central
American States. Col. Alyarado, Of the Costa Ican
army had been degraded from rank. and sentenced
60 four years imprisonment for surrendering TO Col
Frank Anderson, the hlibuster. without a battle
The coffee crop Of Costa RIGA was not up TO the
average yield. las, years coffee sold at o. so
" IS. Cholera had ceased In the GuateInalan
,spits. and President Carrera was on tour. The
Legislature Of san Salvador met on the 22d of Janu.
by. President Campos address was very catering
hspgsrded the prospects Of the republic. Internal
improvements Of the country were fostered by
government and coffee planting on a grand scale
was going forward. Spanish American politics
were neglected.
The intelligence from New Granada Is meagrc
aad unimportsnt.
Prem the South Pacific we learn that the revolu.
iion in Peru was drawing to q close. President
Castillo defeated the flower Of yiyanco's army In
battle on the 18th Of January near Arequipa when
gres, many revoutonists were left dead on the
field Government had offered propositions Of peace
which were both liberal and mercgul and II was
thought that President Castillo would emerge from
The strife with glory which could not be furnished
rven by his opponents in the church. An attempt
had been made ty the officers Of the war steamer
Josyal 10 take of the vessel for revolutionary pur.
ro-es be- il was frustrated. Officers who served
under the late government, but remained
peutrs during the last revolution, sre 20 be
restored 10 their rank Some spirited yacht races
had come Of at Caiso, in which the officers Of the
British ship Alarm took part. The guano contract
5or supplying the United States had bee7 given -
abe house Of Ha1aondegui a Co. new Cabinet
had been formed in Bolivia and the army was being
reduced. The alpaca WOOL . de was very low. The
administration Of President Iinsres was producing
Yer good effects In Chile tn government and the
opp ton were both preparing for a severe election
Htrt, 10. Money was much more plenty. The
uron, wee excellent, and promised a very full Weld
II uarchant steamer Catspilco was wrecked of
p D agui on the 6th Of January.
Pc he Plate provinces we have news dated
o. i ..Is Ayres Gath December The frontiers had
been pacej In state Of defence against hostile In
Ban. it was believed that Buenos Ayres would
pnhe th Brazil In the event Of 3 war With Para
Ia . tcnua< AT D4raOuav