The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-12

The News.
BY the arrival OF the Europa off Cape Race
Yesterday morning. have European advices
10 the I'd inst. one week later than the accounts
previously received. The news is important.
The intelligence of the American financial crisis
had as was expected, caused shipments of specie
to the United States The Europa has conside-
rable amount on board, and the Atlantic will
doubtless bring large sum. The Bank of Eng
land had reduced the rate OF interest from six to
FIVE and half per rent The Liverpool cotton
market was active at an advance in prices, while
breadstufs had declined.
There had been no change OF Importance in
Italian affairs. The garrison of Gaeta had made a
sorte but were repulsed by the Neapolitans with
great loss.
Our summary of the European news is very
brief owing TO an interruption of Geographic COM
munication east Of Calais. Maine.
BY the bark Honduras, Capt. Bates, from Belize
Honduras, we learn that great excitement and
alarm prevailed at Ruatan Truxillo and Omoa in
consequence of a report that a number Of men had
arrived at the former island in fruit vessels sup
posed 20 be filibusters. large steamer, with a
schooner in tow, was OFF the coast and both
vessels full Of men. There is also another report
that no less than a thousand men have been landed
on the Mosquito coast. Trade is neglected in con-
sequence: and even if IL should turn out 10 be u
cnnard, the reports will have a mischievous effect
on business.
Mr.. Toucey. Secretary of the Navy. has been
appointed by the President Secretary Of the Urea
sury dd interim.
In Congress yesterday the Senate, by q vote of
n to % took mp the House bill of the last session
=. Of r.
sury notes, authorizing a loan, and remodelling
the tariff and referred it to the Committee on III.
nance. A resolution adopted directing in
quiry as to the practcability Of reducing the ex-
peuses Of the army. The consideration of the re.
solutions of Mr.. Powell relative to the state of
the country. was then resumed. and Messrs Big
Ter Iyerson Green. Fitch, Douglas and others par
tcipated in the debate. In the Ilsuse the dis
cussou of the motion to excuse Mr.. Hawkins, of
Florida. from service on the Select Committee Of
Thirtythree was renewed. and the House re-
fused by q vote q % to l0l, TO excuse Mr.. Haw.
kns. The House, by tie vote, also refused to
excuse Mr.. Boyce of South Carolina. Mr.. Nor
rill, Of Vermont desired to be excused because Of
other duties which fully occupied his time, but the
House refused his request. The Diplomatic and
Consular Appropriation bills. and bill providing
for the support of the Indians, were reported. A
memorial for the relief of the Kansas sufferers
was, after some opposition, referred to the Ter
riioral Committee. 4 resolution was introduced
directing inquiry rs TO whether any Superinten-
dents Of Indians Indian Agents can BE- dispensed
with. A resolution adopted that all business
relating to the Union be referred to the Select
Committee Of Thirty.three.
A mass convention Of the Union loving men Of
the State VI New Jersey was held in Trenton
Yesterday, at which Col. willsm G. Alexander
presided. The design OF those who united in the
,allwas 10 take such action a. wisdom should
suggest in view Tie prcscn periious cond
tior OF the country. An address aud resolutions
were adopted calling, IN the part the North.
for repeal OF all the Personal Iibcrey tills strict
enforcement Of the Fugitive Slave law, and per-
mission for the Southern master 20 enjoy the ser
vices Of his domestic slaves while sojsurning in
the North for business or pleasure. while they a..
peaed to the South for forbearance at this time,
in order TO save the Union. The proceedings did
not end harmoniously. 4 full report will be found
on another page.
At the meeting Of the Board Of Supervisors yes.
tcrday an important communication was received
from the Comptroller. giving his financial estimate
for the county expenditures for the ensuing year.
The estimated amount Of appropriations il
s4,3T7.422. The appropriations for 1861 will ex.
coed those Of 1860 by s726,l7l The balance in
the treasury on the 9Th inst. was 81, 7i5,9l5.
John Wilson and Hans Olsen, the second and
third mates Of the slave bark Cora, which was
captured on the coast Of Africa by the frgatc Con.
sellation and sent 10 this port, were brought be-
fore Commissioner Moren yesterday, and after
some preliminary proceedings the further exami-
nation Of the case postponed till Friday next.
Alfred Buchanan, the young man suspected Of
the murder Of Mrs. Sarah shancks, at No. % East
Twelfth street, on Friday morning last. reached
this city about noon yesterday. in custody Of
Capt. Cafray, Of the Fifteenth ward police. The
circumstances Of his capture are detailed in
another column. When first arrested the prisoner
denied all knowledge Of Mrs. shancks. but subse.
quently be admitted that he was acquainted with
the deceased He il o native Of this city. about
twenty years Of age. resided with his parents, at
No. l37 East Tenth street. and has heretofore
borne an excellent character.
Navigation II closed on the Connecticut river.
The steamers City q Hartford and Granite State
have discontinued their trips to Hartford for the