The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1860-11-09

Despatch to the N. Y. Herald.
WAsHIN0TO

Despatch to the N. Y; Herald.
WASHINGTON, Nov. l, 1860.
FINANCIAL PANIC IN BALTIMORE.
Intelligence received this morning from
Baltimore states that terrible panic exists
in that city, and that all branches of bust.
ness, commercial as well as financial, is COM
pletely paralyzed. This city is also largely
affected by the panic, and real estate has
deprecated fifty per cent. within the last
two weeks. Our merchants are making no
purchases, waiting with breathless anxiety
the result of the Presidential election. The
election of Lincoln will certainly produce
revulsion, the like of which never has been
known in this or any other country, and one
for which it is more than probable no RENE.
dy can be found. 'p1H
STARTLING DEVELOPMENTS.
The reports as to Lincoln having letter
already prepared, to be published immedi-
ately after it is ascertained he is elected,
have been revived. Hon. Thomas Corwin
has written to this city that VIM. G. Rives
is to be Secretary of State. Another ru-
NOR is that John j. Crittenden will be ten
dered that position. The Republicans are
becoming uneasy for fear Corwin, Ewing &
Co. will control, and Seward and his friends
be placed in the background. The Repub.
licans, through Greeley, sacrificed Seward at
Chicago to appease the South. The same
spirit is at work to sacrifice the builders of
the Republican party for the same purpose.
1t will be well for the country if they sue.
coed; but in order that MIR. Lincoln should
exert an influence for good, let his letter be
published before the election. II he is really
going to pursue conservative course, let
him be elected upon that declaration in ad.
vance. The South will not be in condi.
ton to trust him if he promises conserva,.
side be deceived as to his principles, and if
the merchants OF New York would procure
the publication of the letter, which some of
his friends say is already prepared, they
would quiet the country. Appoint COM
mittee to wait on Mr.. Lincoln and let him
now speak while there is time. After the
election it may be too late.
Special Dispatch to the New York Tribune
WASHINGTON, Nov. 1.
DIsUNION.
Notwithstanding the repeated denials of
some Washington correspondents that the
President favors disunionism, everybody in
this city is fully convinced that Mr.. Buchan-
an, if not openly, is secretly with the seced-
ers. II he were opposed to them, be would,
in view of their openly expressed hostility
to the Union, long ago have issued pro-
clamation. Aaron Burr's projects were the
same as those of the seceders both aim at
the establishment of an independent Gov
ernment within the boundaries of the United
States, and that is high treason.
The seceders now say that the rebellion
will not occur before the next 4th of March.
They are afraid that, if they should COM
mence Immediately after the election, they
will not have States enough; the more so
as it is beyond doubt that the border States
will 60 against them. From that time till
the Inauguration they hope to stir up South
ern prejudices against Lincoln to such q
pitch as to induce even those States who
have voted for Bell to side with them. Mr..
Buchanan, who wishes to be Provisional
President, will assist them.