The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-12

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. lea Operation ueon Marine Insurance
a., sTkets-Our Foreign Popu,as on
r '@-GelOws.d Volunteers Tor 1,
War, SC.
N. mac. s,. y "ope by the Persia and Ka.pas
had vs,n,o o., Don commercial trsos,o,lo
In this o,v yos,o,t, a. VIII DO moro Particular
observed by our money article '' commercial repoo
elsewhere But IL not alone sre.d. ufs. provis'oos
cotton ast are snectsd by this news a. 9' aappog ia
seress marue insurance, foreign population ~od em'gra
tao, are alike operated upon in tho same manaer,
| MARINE Insurance..
The underwriters have yet made no concerted
movement to regulate the premiums risks as there
ls som diversity OF opinion s to whether 1t will be
| Necessary
They simply waiting for some decisive news before
action, end when the time Wal promptly decide
what course pursue. ost Of the companies pro
ected from sudden loss Dy clauses their policies which
free them from all loss by Of war; smtar that
Of the mercantile companies each Of whose policies has
the following provision inserted
Warranted from So or expense by reason of can
lure Seizure or detention, or the OF any
tempt thereat.
1bn exeup's the companies from 'osses which may
arse at the commencement OF hostes AT present here
have boon few appca for policies including the wa
ance OF one half ceut that As the aspec
OF rapean affairs grows serious the co npsnies will TO-
spectveiy take into account, and receipt Of news
OF actual hosti'ities, concerted action will be had
AT tho thDe when the Crnean actually In pro-
gres5 the ioowns we're the premiums charged agreea
bly, TO decision Of The Board Of passed May
0, 1866
90 risks from ports the Atlantic Oceap north Of the
equator, TO any port of Europe, per cept.
OE porte on the Aua0tiC and It's tributaries,
south Of the equator but beyond Cape Horn or the
c"Pe Of Good Eoe to any part Of Europe, aad vera,
u per cent
risks FROM spy port beyond the Cane Of Good Hope
or Cape Son 10 any OF Europe the United ST
and o.ce e's1 per cent
On risks korn port TO another beyond the Cape of
Good Hope or Cape Horn, per cent.
The Cl mean Wal, however restricted to narrow
conpass, aud could be no criterion for rates saoud
general European war-which now seems immInent-oc
cur, the risks OF loss and the would of course
be far greater and would be regulated according TO the
prospeo, by the latest news and according prox
nifty TO the theatre OF action The news confirmed yes
,erday that the Ausr!ans had actually crossed the cno
wss freely discussed, and thought that under
writer's would soon take some decided action.
THE EFFECT ON THE SHIPPING.
Az yet there has been little movement among the ship
ping account CT tho news although there hopes
Of active employment should further advces confirm the
prospect Of hard lighting. Two vessels have however
been engaged at this port to carry Treste
the principal seaport Of Austria. Naval stores gever
would undoubtedly be worked up the Mediterranean with
difficulty the French cruisers between Gbralsor and
the AdIiat would very likely overhaul them Our
chants feel much hesitation In making shipments directly
Trieste from the additional danger OF their exclusion
by embargo even though they should not be
Of war. During the Crmean war our shipping found
commercial employment because the theatre OF wss
80 far distant ths. foreign vessels were taken from their
legt mate occupation, and a vast demand created
which shipping bad to fl. number of our steam
ships employ cd in transporting troops, arms,
nca and provisions to iae Cruea, and it is at all
improbable that they would be called into the
again. might afford employ neat for sone of
our models OF marine architecture, which, through
the suicidal policy OF govern NEXT have beon allowed
to lay IDLE ct psrs The theatre OF action however in
the present e commoiious 20 the Powers
gagged Il in the midst Of Of the most fertile coun-
tries in the wordcapeble Of feeding almost all the
mics the distance which troops will require to be
transported comparatively ahort 1t cannot be doubted,
however that shipping would receive some impetus,
especially should England be drawn into the Tnen
the consumption of breadstufs and other of
fe which would necessarily drain the of combat
must be supplied from abroad and what more likely to be
called into equstion than overstocked provision
ket and unemployed shipss Then the impetus which
would doubtless be given 10 emigration would be nsg
ncant item and sset in the reeuscitaton OF ship
ping interest," which has hardly yet recovered from the
disastrous effects Of the panic OF 1857 As yet have
stated there has been no visible movement, but shpown
and shippers anticipating harvest should gone
raj European war take place.
OUR FOREIGN POPULATION AND THE WAR QUESTION.
There have been various rum ors Of expeditions being
foot. composed Of foreigners in this country and
In this city, designing 10 proceed to Europe and join
or the other side In the coming contest But we have
been unable TO trace heee reports to any facts other than
the rumored departure Of thirty Germans from Gin
cinnati TOR thepurpose Of joining Austria.
The Italians Of this city, numbering several thousands
divided the question The largest party 10
be firmly in favor of Mazzin who, 1t will be remembered
stands aoo from the present contest and SO far from fol-
lowing the example of Garbad aud his comparots who
have noby gone to The defence Of Sardinia affect to dis
trust the Emperor of the French the last in the
world who has any for their liberties rhey-many
then-say, "Rahor Austria than Sardinia France
and organzsg their forces ready, when they shall
necessary, TO Join hazzin in favor Of grand radI
cal red republican revolution in Italy They have already
formed number of societies which pass for benevolent
organizations and the like, but which really have the
object Of helping Italy according to their notion, they
The other Italian party in this city ~ mpalhses with
Geribald and Sardinia They say they are grateful to
Victor Emanuel for the noble stand which he has taken
behalf of Italian liberty; that he has afforded refuge
the real patriots Of Italy, ct the risk of shielding
dreputable characters that sardns has evnced every
disposition to DO tho Italians justice and that whether
Louis Napoleon is sincere or not, he be used
for Their ends The Mazzni party believe that
must fall through; that Louis Napoleon must back
down. and Sardinia be compelled to disarm. When that
happens, they believe that there VIII be popular
Of ITALIANS for freedom, which it s their purpose
join.
Siro ia , "a bat ytat,.
they claim they number es3 eco to tho red repub
cans and point TO the late alncs universal reclamation Of
yiIer Emanuel the salvation OF Italy Count Cavour
is particular fsvor with them for his known liberal