The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-01-26


we'll il the testimony Of such a distinguished
statesman as Senior Pacheco, the former Mexi-
can Minister to France, the trusted servant Of
his own government and the friend of the EN-
peror Napoleon and M. Drouyn de Lhuys, wero
carefully examined before any decision be
made. as it gives clear, impartial and succinct
account of the just claims Of Mexico to the con.
sideration of all free nations, and the reasons
which now direct her sons to defend their soil
from all intruders. let Thorn come from whence
they may
The Struggle I'm tho Assem- bly-Its Rcvo-
lutionary Significance.
In constitutional country there can be no
more alarming revolutionary indication thaa
any violent interference with the freedom a
discussion and action guaranteed to its legislar
tive bodies. Whether this proceeds from within
or without, from the overbearing conduct Ola
party or from the despotic acts Of the sove.
reign. il is equally dangerous. It YVES the arbi.
trary measures Of the First Charles towards biz
Parliament that led to his deposition and exc
cution. TWAS similar efforts to restrict the
constitutional rights Of the people in the per
sons Of their representatives that led to the sue
cessive revolutions in France, the death Of ons
and tho expulsion of others Of it's monarchs. In
Switzerland--a republic resembling our own
q revolution was nearly brought aboat BY the
arbitrary efforts of some Of its cantons to swamp
the representative privileges Of the Others. In
this country the same premonitory symptoms o.
revolution have not failed to mmifest them
selves. In the last Congress before the break.
ing out of the war the election of Speaker was
characterized by scenes of violence and per-
ssnal outrage that filed the minds of ali true
patriots with dismal forebodings for the fW-
ture Of the country. And now that We
are wadipg with difficulty through the sea OF
troubles brought upon US by the men who dis
graced Congress by their violence on that oc-
cason we have in our State Legislature, at y
time when moderation and forbearance are
more than ever called for, repetition Of the
same threatened scenes Of bloodshed and muir
der.
IL is lamentatie evidence Of tue frenzy
! which has seized upon the minds Of the leading
actors in these occurrences that they alike 10.
sensible to the results Of their conduct and to the
disgust and disapprobation with which II il
bility to public opinion is one of the most
alarming symptoms Of the times. II proves
that the contagious influences Of the fevola
| tionary events through which we have been
| passing for the last couple Of years have 80
demoralized our public men that they no
longer care about what may be thought or
said Of them. The unblushing apostacy of Mr..
Callicot to the opinions that sent him TO the
Assembly is painful enough evidence Of this,
though VIC do not know thatit ID verse. or even
bad, viewed in its general results, as the dis
graceful violence Of the proceedings by which
the democrats are sndeavoring to remedy his
detection.
Much, however, as their conduct Is to be con-
demned, it must be owned that ii is not with
out some excuse in that OF their opp0-
nsnts. The example set by the authorities in
Washington Of a total disregard Of all constitu-
tional restrictions by the arbitrary arrest and
Imprisonment Of individuals, without any legal
or even presumptivs justification, has naturally
had the effect Of breaking down that respect
for established principles and forms that pre-
viously prevailed. The earnestness Of opposi.
ton induced by such . state of things is now
producing its fruits, and the administration and
its supporters are beginning to discover that in
this, as in other States, the indignation created
by their arbitrary acts is assuming terribly
earnest and menacing form. The disgracsfiL
disclosures that have just come to light in con-
nection with the contest for United States
Senator in the Pennsylvania Legislature show
how intense is this feeling, and how easy 1t
would be to provoke it to sanguinary exremi-
ties. It's not merely reaction, but counter
revolution, that has set in; and on the manner
in which il is dealt with by the President and
the conservative members Of the party with
whom he is associated will depend the extent
and character Of its consequences.
1t may be that the adjournment Of the vote
upon the Speakership to this morning will have
had the effect of bringing home to the minds Of
members a conviction Of these truths, and that
both parties will be prepared to sacrifice some
thing to the spirit Of Cancellation. From tho
violence and tenacity of purpose hitherto mani
tested We confess we have but very little hope
of such result. There seems TO be O deter
mination both sides to eight ont this contest
to the bitter end. entirely regardless Of III.
grave consequences to which IL il leading them.
The Continental Money and Oar Ma
tionai Currency.
No financial truth il better established than
that paper currency, like other things OF prime
necessity, rises sinks in value according to
the great law Of supply and demand. Ia illus
tration Of this too much forgotten principle. we
-. .rUlu