The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1868-08-26

TIE foreign news presents several points
of interest as We glance over the progress
of events
The political contest over the election
of new President of the United States
is already absorbing general attention, and
displacing many other topics of interest
il less exciting times. The candidates of
the two great parties are nominated, and
the victory is already conceded in advance
to the Republican nominees.
The President, with the termination of
his Office in full view, has proposed several
amendments to the CONSTITUTIONAL the
modes of electing the Chief Magistrate
his tenure of Office, and ineligibili;y for re-
election. The ideas involved in these
amendments have for many years been
supported by thoughtful and moderate
Americans, as cure for the evils which
now flow from the modes of election. but
that they will be engrafted in the Consti-
tuition is extremely improbable.
The Parliament of England has been
prorogued, and the Disraeli Ministry re-
main in power. An immediate dissolu-
tion is probable, so that the elections may
held under the provisions Of the Reform
Bill, and the sense of the new constituent
cies may be had on the political question
of the day before Parliament assemblies,
10 December.
The Queen has started on her proposed
continental trip, and at last accounts was
ID Paris. She will visit Switzerland, and
be absent some weeks from England.
A revolution has occurred at Panama,
where the inhabitants found new govern
ment, that of General Ponce, established
during the night without noise or blood
she'd In the elections the Liberals had
gained victory only to find their triumph
annulled by coup d'etat of the party in
Office. No military opposition has been
raised against the new government, so that
it will quietly enjoy the fruits of its bold
ness and retain its hold upon the reins of
power.
The first step of the new policy of China
has been successful. A treaty has been
concluded with the United States, which
will place the trade and intercourse of the
two countries on more favorable basis
than hitherto. The ports of China are
made free to the commerce of the United
States. and all restrictions upon its citizens
for residing, travelling and engaging in
trade, in any part of the country, are re-
moved. They may also engage in the
ceasting and river navigation, and may
organize trade so as to buy directly from
the producer. Chinese in the United
States are to receive protection of their
rights, have facilities of trade, may become
naturalized citizens-and the United States
pledges itself, in connection with other
powers, to sustain what is known in China
as the cooperative policy. Mr.. Burlin-
game and the Embassy will proceed to
Europe in September, and the tone of the
English press indicates that a similar treaty
will meet with the favor of their govern
ment
The Suez Canal, it is now conceded,
will be success. NJ Lessep has strug-
gled on through natural obstacles, and the
still more difficult ones of financial dis
trust, until the shares of his company find
ready sale upon the market. By reason of
assured success of the canal all the
shares, the last kilograms state, are taken
up
The success at Suez has drawn attention
again to Darien, and the possibility of a
canal through that isthmus- On one of
the proposed lines only 80 miles of cutting
is required to connect streams which l
empty into the respective oceans This
narrow strip whatever may be the dihcul- /
ties in its way, viii be overcome whenever
it is thought that the canal viii pay. and
is necessary to commerce