, 1860-03-30

and at 10 O'Clock A. N all had gone by the
board. Then the ship settled fast. A
heavy sea was running, breaking mast-bigh
over the ship. Communication with the
shore was impossible. It's supposed that
all on board were lost unless the boats left
before daylight, which is not likely. At
low water, on the 2lst, part Of the ship
was still visible. One passenger ticket,
with the name Of Ellen Sheehan, was the
only thing picked up The Hungarian had
a large cargo. Thirty.ive passengers were
lost.
The contract between Commodore Van
derbilt and the Pacific Mail Steamship
Company, for q consolidation Of their Cali
fornia steamship lines, and the cessation OF
the present opposition has been sigued The
rates Of fare have been advanced to former
exorbitant rates.
The steamers that left New York on the
goth, took on board ] ,l64 frkins Of butter
for the California market
The rates Of freight, il is understood,
will not be changed within twelve months.
Pacific Mail Steamship COmpany's stock
had gone up Al per cent.
The scheme of the arrangement, as far
as made public, is substantially as stated
the Pacific Mail Company buy the Wander
bilt boats on the Pacific, with the exception
of the Champion, for $75O,000, Of which
$500, 900 is paid IN Pacific Mail stock at
par, and $4,000 in cash. The steamer
Champion is either to be taken by the Pa
ci6c Mail Company in exchange for the 81
Louis, or $500 in cash. Mr. Wander
'bilt is to be paid $50, 900 to bring her back
to the Atlantic. The Vanderbilt aud
Roberts steamers are to do the whole At
lantic service, and the most Of the service
on the Pacific, the remainder Of the line to
be divided 80 per cent. to the Atlantic and
IS per cent to the Pacific, with the excep-
ton Of the freight or treasure 1t is be-
lieved that by this combination Of the in
terests Of Vanderbilt aud the Mail Company
a very profitable business can be done,
without danger of any opposition line be-
ing established"
Information, it is said, has been received
at Washington, to the effect that the Jua-
rez Government has accepted the PROPOSE
tion recently made by several thousand
Americans, and agrees, in return, to cede
them large landed interests in several Mex
ican States. If this information should
prove true, il is said the treaty will be re-
jected, and the Mexican question will as
sumo a new and important feature.
On the 18th, Lord Lyons laid the propo-
sition Of his Government in regard to San
Juan before the Secretary Of State. 1t is
already rumored that it will be rejected, as
the President is determined not to back
down from the position he has assumed.
A dispatch from Boston of goth Febru-
ary says that the railroads generally are
Obstructed by snow.
A FIRE occurred at Boston on the 10th
February. in the mattress factory Of Man
ming & Glover, on Market street and Mer-
chants Row. Loss, $1,000; covered by
insurance.
The Senate Democratic Caucus, OF
Washington, which had under consideration
the expedency Of adopting resolutions ex-
pressive Of the position Of the Democratic
party under the question of protecting
slavery in the Territories, have received a
report from their Committee on the subject.
This report accepts JefersoI Davis resolu-
tions, with a modification to the effect that
whenever the Territorial Legislature and
Judiciary prove 10 be incapable of protect
ing slave property in the Territories under
the Dred Scott decision, Congress must
provide a remedy. ..I
A difficulty occurred, the other day be-
tween Mr.. Alvord OF Michigan and Mr.
Ezel Of Virginia, an officer Of the House,
which nearly resulted in duel Through
The interference Of friends, it was settled
The National Union Club at New York
have published an address, nominating John
Minor Bolts Of Virginia for President, aud
Thomas COrwin of Ohio for Vice Presi-
4 dent.
The political committees of all parties
are engaged in distributing from Washing
ton immense numbers of political docu-
ments, in anticipation Of the early abolition
Of the frauking privilege.
WAsH1NGroN, February 49,.
Mr.. Sherman, from the Committee on
Ways aud Means, will report on Tuesday,
two Indian Appropriation bills-the annual
bill, appropriating two millions Of money,
the other deficiency bill, embracing Eve
hundred and thirty thousand dollars. The
latter bill is based upon the ratification by
the Senate Of about eleven treaties, with as
many different tribes of Indians in Oregon
aud Washington. These treaties have been
made since 1855, and were all ratified by
the Senate at its special session in March,
1859. All Of them contain stipOlatiOus
which can be set aside at the discretion Of
the President, and they provide for the
payment Of about ten million Of dollars, in
annual annuities Of Eve hundred and thirty
thousand dollars, Of which the Deficiency
bill, to be reported on Tuesday next, is the
first.
A dispatch from Toronto, on 29d Feb
rnorv ctutas thai 81 yuo. tbonoht ,.-,k,hI