The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-11-13

Il
good but imprscicsble. or At all events premature
Perhaps, hal no; bssn ne Ae,erican eiu ,ear
s hvs @ 's S ,ss o. q = the uoSa
statesmen or journalists been mooed only 10 meet
WIN inc opposition OF large majority ncIired to be
evs mat The ultimate and preferable destiny o. Canad'
Was peaeeabs incorporation with the United States
81 no sacn majorry and no such minority noo estss
States shall resolve Themselves into their original eie
meats the determi1atsn not only OF the Canadians, b
their cS1uexon Win me moseI cosnrv aasEsS
by the FEDERAL government they will deferd themselves
psr esss Britain '', a a:. 3. ss
| untrue TO her old renown, her uusuied
honor and her high position among the nations
tho earth or so insensibe 10 her security TO
abandon the faithful colonies that wiD TO oaer the
blood OF their sons In support Of their own and OF british
rights, and TO make their fields and cities the battle
ground on which decide alone the liberty OF the
coons's, but The fsaare status Of Great Britain in the
defence against the Yanksea ,ba, the prooet Of
confederation has suddenly acquired popularity in Brit.
n america aod that task which ak years ago seemed
all but hopeless bids fair TO be executed with little
difficulty as attended the federation Of the thirteen
American colonies after the acknowledgment OF their
Independence by Great Britain had lett them free
shape their destiny.
convention OF delegates TO consider the subject in all
It's bearings TO hear objections to be Informed OF dif
cutes TO suggest compromises. aud work the incho
ate system Into consistent whole meets In this city
arS neS N Inc lea INST 1ce I'd
Canadian provinces will DO represented on tho occasion
u Is understood from the informal proceedings aud the
maritime colonies and those OF Upper and Lower Canada
that took place three weeks ago at Charlotte
the matter that threaten TO be nsurmountabo, that
all the colonies DESTROYS Of union their
that ali desire that the new nation thus to be- formed
stau stretch from the Atlantic to The Rocky Noun
tains, and include thu croun oolo.y likely 10 be
esdb tssed on the Ned river and the SdSkGtcheto1n
on Tie land of tbs Hudson Bay Company; that tho
confederation shall BIO known by one distinc. name,
and that 1t shall il the imperial government raise OBJ
iection be erected into viceroyaly under the British
crown The greatest difficulty yet started proceeds from
the Jealousy or the Anglo Canadians In Lower Canada
who, in the necessary separation OF the Canadss
into two states. fear that hey ,ou Be oW-
the French eana@isas has ' been s sassested thai ~
the Canadas should DO divided three States remedy
this evil thus placing s Frensa canadans entirely apart
10 manage their own affairs as their priesthood may
direct But, as this arrangement would meet with VIC.
lent opposition on tho part OF the French and pehaps
mature detberaton, possibly for the decision OF the
home government. II IS not Anticipated grave as the
side in the Lower Province will be sufficiently cnyenomed
to prevent or retsrd the establishment OF the confederacy
Mindful OF the awkwardness OF the title, "The United
States OF America, which is description rather than
name. and DESCRIPTION, moreover phich has Temporal riy,
ne, p''aane'.lg cegssd 70 be aeesra, II s proposed
"Canada" The latter suggestion meets with favor
II adopted would be uoocssary 10 find other names for
Upper and Lower Canada, which 10 that cse nigh. not
Improperly be dcsgnated-the one "0ntario' and the
othor ST. Lawrence leaving to the other States of the
known. The advantages OF the Union in addition
to those Of defence against the world would include free
trade betceen the o,at provinces, and tosr tariff
British manufactures than thai achch Is imposed in
Canada.
It seems to be the hope Of all the provinces that
prince Of the blood royal England viii be depusd to
rule over them as hereditary yiceroy. If they cannot
e &C. 10 n osy e. arg first
he VIII spend freely, maintain proper state and hog
pitai.y and govern them constituticnay and literally
subject alike to the actisn Of their Parliament and
the suaerainty Of the British crown. They be-
lieve they have within themselves all the elo-
greatest nations Of the Garth and that their union
under the protecting but scarcely felt influence Of the
nat soo aosps mo ae 6atsa States They believe that
". be S1 70 oSr 20 s roy
after peace shall have been restored accompanied
BY no such burden OF taxation AZ must Cypress the
Americans, they do not avoid the evil by reputation
Of the debt They also believe that they have within
themselves such resources as need only men and
military Power. and enable them to hold their
own against any enemy that may attack their
day q the he
when they formed themselves into the United Staesn
amount TO ten = mlions TIER climate, severe, "
moro congenai and less facilitating 70 men OF the Euro
poan sace warmer climate OF the more southern
portions Of the North American ert and even OF
the middle regions CT Pennsylvania and Ohio. Tho
to The common sense and sympathy Of msukiud. tha.
even the biterest malgpers OF Great Britain IN the
A%s,cso press forget Their hatred Of Ensapa 70 wh
government tho British people win wish otherwise.
The Financial Crisis.
THE LATEST FAILURES IN OBSERVATION-DISCLOSURES
IN AFFAIRS IN LIVERPOOL.
Iron the London Times Getty art.ce), Oct. IS
The suspension has been announced OF Messrs W. J.
Morgan Co., OF Leadepna street, in the cotton trade,
arc The books are hands OF
sarery. The establishment seems 20 have been very
recently iOrrned, ss u does not appear in the London
At meeting to day Of tho creditors o. Mr.. John
Cato, importer OF French paperheneings, carrying
on business both In London and Paris, who failed
on the 9th inst., the balance sheet, submitted by
Messrs. Quter, Bali & Co, showed liabilities, so
far they at present be determined, amounting
to csc $685. with assets nominally stated at f22 $780,
but which include ELS 900 for tue stock In trade at
cost pricea sum that win be considerably reduced in
realization II was explained therefore, that the Of
dividend be expected TO between seven and
nine shugs in the pound and the meeting unanimously
resolved wind up the estate under Inspection three
creditors being appointed to act as inspectors. was
stated that the books had been we'll kept
The suspension has been announced at Liverpool OF
Messrs H. c. Smith Co., In the River Plate trade with
liabilities for Gl5o,000.
have the position Of third parties holding
marine policies the premiums which were unpaid and
the Commercli Union Company havo 10 day adopted the
FLOWING satisfactory resolution That the rights OF
bona le holders o! marine policies OF the Commercial
rnop Assurance Company shah be In no woy prejud!ced
BY pon pay ulent Of premium.
The Livsrpo advices {, day describe further ten.
dency OF confidence several large capitalists
having become buyers Of surar cotton and other produce
at the low prices AS example Of the way In which
speculation lately been carried on u Is stated that
house whose failure announced about fortnight ago.
ana which commenced business only IN Jane last, ex
hibts than Ct 900 20 meet debts for nearly 100000
(From the London Telegraph Getty artisle) oct 291
merchants, connected chiefly with the Spanish trade,
have suspended with liabilities estimated at 100000
Fraud ON an American Consul.
from the Birmingham (Eng) Post, Oct. q.
On Monday a gentlemanly looking man, apparently
about twenty ak years OF age, and dressed In naval
attire, called on Mr.. Upderhii, Newhal street, the
American Woe Consul, and represented himself
AZ belonging to the United States frigate
Niagara. He represented also that ne was 10 Distress
asd Induced Mr.. Underbill TO give him f3 los Mr. I'm
dsrh afterwards wrote 10 Mr.. Adams, the American
Minister 10 asceEts the truth Of ceIian statements that
had been made to him. Sssn he dc5vsfcd t6at ths sG
was an impostor " course he has not since called at
him,
American Teiegraphic News In Ireland.
Tho Cork (reand5 Rsrorter OF October 81 states that
the Caro- Clear telegraph station, which has been open