Daily constitutionalist. (Augusta, Ga.) 1846-1851, June 06, 1847, Image 2

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THE constitutionalist. JAMES GARDNER, JR._ T E K .11 S . Daily, per annum, S 3 00 Tri-Weekly, per annum, 6 00 If paid in advance, 5 00 Weekly, per annum, 3 00 If paid in advance, 2 50 T<> Clubs, remittin? $lO in advance, FIVE COPIES are sent. This will put uur weekly pa per in the reach of new subscribers at TWO DOLLARS A YEAR. CCT Subscribers who will pay up arrearages, and send four new subscribers, with the money can get the paper at $2,00. JCTAII new subscriptions must be paid in advance. v£j* Postage must be paid on all Communications an I Let'ers of business. f From the Washington Union, 31st nil- J New Orleans—The Treasury, The New Orleans Bulletin is no soon er answered on oneof its charges against the Treasury, and those charges refuted, than it commences again with new accu sations equally groundless, regardless of its own reputation. appears to be to engage in incessant assaults and endless accusations. We quote the fol lowing from one of its articles, which is now going the rounds of ihe whig press, whose readers see the attack, but are not permitted, we fear, through the same col umns, to read the vindication. [From the Baltimore American.] We copied yesterday a paragraph from the New Orleans Bulletin of the 19lh instant, stating that there had been for several days a greatly increased pres sure in the money market of that city. The causes of this slate of things arc thus referred to in ihe'Bulletin ; “This state of affairs has been pro duced by the action of ihe government, as regards funds tfnd payments at this point. “Largs amounts of specie are requir ed for the army in Mexico, and, instead of sending it from the North, where the treasury lias ample funds, it is to be sent from hence, where they have none, and where they must be created for the pur- The novel plan adopted by .Mr. Walker to obtain cash here, is to send drafts, drawn by the treasury of the U liited Slates on New York and Boston, in sums of one hundred thousand dollars each, to be negotiated in the market, where, of course, bills of such magni tude can only be purchased by the banks or large banking-houses, and at a hea vier discount than if tlu y w ere in smaller amount o .suitable for ordinary commercial remittances. How many of these drafts have been sent out here, we are unable to say; but we know of fire each of that amount —for which the best offer tin t was made on Monday was two and a half per cent, discount, and we learn that " a bank took three of them ($300,000) yesterday, at or about that rate; the pro ceeds will, of course, be drawn in spe cie, packed up and shipped to Mexico; thus adding to tlie present pressure, as every dollar in specie represents at least three in commercial facilities. “In addition to tin’s, instead of paying in cash the demand for services and sup plies, individuals are ohligedto accept drafts at short sight on Washington,which drafts the holders throw on the market, and create a further depression in ex change. “The value of produce is thus depress ed, tlie planter and the farmer injured, and the whole business operations of the city deranged and checked; and all this from the want of business knowledge and common foresight on the part of the head of the Treasury Department. “The quartermasters and commissariat departments in Mexico have also drawn enormous amounts on this place, under orders of the authorities at Washington, and when these bills come forward, there are no funds to meet them, and the par ties rather than wait an indefinite time for payment, (of course without interest) take new bills on Washington, and these latter are again paid by drafts on New York !! “The consequence of this delay or re fusal to pay these drafts punctually, is, that the British merchants and agents in Mexico, who* we re heavy buyers of them, for the purpose of investing the amount in sterling bills at New Orleans, for re mittances la Europe, now refuse any longerto purchase them, and ship specie direct from Mexico to England. “At this moment the government require very heavy funds at. this place to meet the expenditure of the armies in Mexico—for the payment of supplies sent from hence—for the purchase and hire of steamboats, trans ports, &.C.; and the plan adopted by Mr. Wal ker to taise these funds, is to send drafts on the north in gigantic amounts, lobe forced upon an already depressed exchange market, and sold at heavy discount! ! “The question is constantly asked. Why be does not send treasury notes here, which are at a premium, and which would at once obviate ail difficulty on the subject? There is but one answer which is given to this question, which is, that these notes thus is sued, vvonld at once be petit to the north, and there converted into six per cent, stock, and would interfere with Messrs. Corcoran &. Riggs, who have not yet sold out the loan, the value of which in the market would be affected by the competition arising from the funding of these notes into a similar stork. “To prevent such a result, the interest of the government, the interest cf individuals, the interest of produce growers and produce holders, and the general business of this city, are all to be sacrificed, and the exchanges of the city depressed and deranged. “It is a crying injustice, and a violation of good faith, that the public creditors, who have faithfully performed their contracts with the government, and are fully entitled to payment in par funds, should be compelled to accept drafts on distant points, which they cannot realize, except at a loss of I| to 3 per cent. It is equally wrong that the treasury should suffer a sacrifice by a heavy discount on the sale of their bills, or by pay ment* cf comrnißbione to banks or bankers. in order to obtain funds here, when this in justice and wrong to individuals anfl this loss to the public treasury could all be avoided by an issue of treasury notes agreeable to law. “The present state of things is a matter of general comment, and of loud and angry i complaint, as well as of excited feeing , amon <■ the whole body ot our mercantile i community, who are ail suffering from it, ; and all of whom unite in one opinion as to j the cause. “Our banks generally are overloaded with northern exchange, some of them having up wards of one million of dollars lying there, which they are unwilling to realize by chcek : ing at the present discount, and of course, ! their ab.bty to make further purchases is | nearly exhausted. If, therefore, Mr. Walker : perseveres in his present plan of forcing his I bills on ihe markets to procure specie here for shipment to Mexico, and, besides, contii - | ues the plan of issuing drafts on the north in payment for supplies or in settlement of ar ; my bills drawn in Mexico, exchange must ; continue to be depressed and business most seriously affected. If he wishes to afford 1 protection to the contractors of the late | loan by refusing to issue treasury' n»:es I which would come into competition with them ! in supply ing the demand for six per cent, i slock, let him, at any rate, order out from his* | sub-treasury vaults at the north one or two | millions of dollars. This could be brought i round to this port by some shin-of-war on her I way to join the Gull and by which I proceeding he would relieve tiie exchange and business of the country from the incon venience and pressure which he has brought upon it,” Now, sc far as Mr. Walker is concerned, these charges one and ail, are utterly un i founded. Ist. Mr. Walker has never sent treasury drafts, large or small, to New Orleans, He has never negotiated, nor directed nor autho rized the negotiation of any treasury drafts, large or small, on New Orleans or elsewhere. I Requisitions of the several departments are : made on Mr. \\ alker fur public disbursements I oil account of the war, Irum the army or na : vy;and Mr. Walker, as authorized by law, ruavvs his warrant for the amount in favor of | the office or person named in the requisition, upon the Treasurer of tiie United S ates, to ! whose credit ail the public moneys are de -1 posited; and the Treasurer then draws his i draft tn favor of such officer on any of tiie public depositories having sufficient funds I deemed by (lie Treasurer most convenient; j and Air. Walker lias no power or control | over the owe or negotiation of such treasury I drafts, nor has the Treasurer, i 2d Mr. Walker has never directed or au thonzed any such drafts as are described in i the “Bulletin” to be drawn from New Orleans I or elsewhere on the treasury; nor does he know anything of them, nor ate they drawn upon the treasury. 3d. Mr. Walker, more than a week since, directed the transfer of $200,000 in specie to New Oileans, to meet these demands on the government;and for ihe same purpose he has ent, and lie has now on the way to NevV I Orleans, one million of dollars in addition —• making in all twelve hundred thousand doll ars in specie. 4th, Mr. Walker lias made arrangements by which, at a cost of only three-eights of one per cent., he can transfer any amount o! specie from the north to New Orleans. He will make no unnecessary transfers; but whenever ihe War or Navy Department, who wtii no doubt perform their duty, give him notice that specie funds will be warned at New Oi leans, Mr. Walker will instantly transmit, at any time, the gold to that point, in any amount desired fur public expendi ture. 6th. And now to the question, Why treas ury notes are not sent to New Orleans for disbursement? To this there are two an swers. All the treasury notes authorized by not previously used to meet the pres sing demands upon tiie government, were advertised for a premum, and all taken at a premium ranging from one-eighth to two per cent., under the sixty days, public notice, on the 10th of April last, and more than twice as much more bid for than could be supplied. Tiie reason, then, why treasury noli s are not sent to New Orleans, has no connexion whatever with Corcoran &- Riggs, as is most unjustly insinuated; but because there are no suck notes at present which can now be issued, and sent as suggested to New Orleans, without a clear and palpable violation of the low. But suppose Mr. Walker could now thus issue such treasury notes, which would all 5 be immediately tunded in the Ox per cent, i stock, when such notes and stock have now risen to a premium of five or six percent, what would be said if Mr. Walker should arbitrarily select and pay a particular class of i creditors or contractors in New Orleans in such treasury notes, and thus sacrifice five or six percent of the funds of the government? What charges ol injustice, of sacrifice of the public interests, and of favoritism to individ uals, would soon be made by the tederel press, if tiie Secretary were to pursue such a cour.-e! So far from favoring Corcoran & 1 Riggs—who bid for the whole loan at an j eighth per cent, permium—Air. Walker not I only gave ail who bid more the w hole amount i dUlhtijT bids, as he was bound to do, but to all | who Wu an eighth, the same as Corcoran &. j R ggs, Air. Walker awarded the whole j amount o! their bids, which were very con- ! 8 derable. This he was not bound to do, j but, by tiie usual practice of his predecessors, j could have apportioned the loan amony ail the bidders at an eighth, including Corcoran I &, Riggs, in proportion to their bids, which 1 would have given them nearly the whole; instead of which, Mr. Walker assigned to all 1 the bidders at an eighth tne whole of their i bids, except Corcoran &, Riggs, thus giving to each one of the bidders at an eighth a pre ference over Corcoran & Riggs, leaving them only tiie remainder. Mr. Walker, then, as the records show’, went to the utmost extent that the law would permit him in diminish ing the amount assignable to Corcoran & Riggs. And now', then, we ask of ihe New Orleans Bulletin, and ailths whig presses which have copied its article, the simple act of justice w hich will be performed by publ.sh ing this vindication. Mr. Walker has already ordered twelve hundred thousand dollars in specie to New Orleans, and he is ready at any moment to send immediately, from time to time, as much more as he may be notified will be required for the wants of the government, and w ill do ail that the law' will permit him, to advance the interest of the great southwestern em porium. The new tariff on Mexican imports must soon stop the dram of specie from New- Orleans, the duties realized under the tariff (partly of General Scott, and partly of Mr, Walker) having already realized nearly half a million of dollars, and the current of specie will soon be from Mexico to New Orleans and New York. AG;UBTA.bEIi.j SUNDAY MORNING, JUNE 6, 1847, News fiom Mexico. We understand u slip was received in this city yesterday morning, by our neighbors, containing advices from Mexico 24 hours in advance of the mail,but presume the news was of not much importance, as they did not pub lish a slip. However, we will be up bright and early this morning, and should any news of importance be received, will give it to bur readers in a slip at an early hour, say by six or seven o’clock. The Steamers. The Britannia sailed Irom Boston on Tues day afternoon. A telegraphic despatch from that city states that the mail via Stoningto'n arrived at Boston, about U o’clock Tuesday morning, and the letters and papers intended for transmission by the Britannia had been placed on board that vessel. She lakes out about 40,000 letters. The steamship Washington was left out side New York bar on the evening of the Ist, a six o’clock, by her pilot, all things going on well. No tidings of the Ilibern'a had been re ceived at New York up to 2, P. M. on the 2J inst. ItTWe do not fee! the least disposition to violate that command in the decalogue quot ed by the Chronicle, and invoked fur its pro tection. ere we so disposed, there is not the-least necessity for us to do so. We con demn the Chronicle out of its own mouth, when we said, “ i’he Chronicle has seen pro per to take the side of the enemy.” This was no “false witness” of ours. W e derive it from the language of that print. Had it not emphatically asked the question “Is our country to blame, or is Mexico to blame?” Then did it not proceed very elaborately, in sundry editorials, to demonstrate, very zeal ously, if not very successfully, that our coun try teas to blame, and Mexico teas not to blame? Has not this been the burthen of its song, and is this not now its position? We fancy the reply must be in the affirmative. Again, was it not that self same print which, in this connection, laid down the undeniable proposition, "■There are always tico sides to a question? ' This is the language of the Chronicle. • ‘'There are always to sides to a question. Mexico charges us with invading her. The march of our army to the R o Grande, she says, Was an invasion of her provinces. Sup pose this should turn out to be the case when the cau-es of the war come to he fully and fairly investig.*d, would the Constitution alist insist then that, the CniTd States should pay ike icar expenses of Mexico ?” What does this mean? Why surely, that there is an American, side, ami a Mexican side. The American side holds the propo sition that the march to Grande was not an invasion of Mexican territory. The Mexican side holds that it was. We took the side of our country. We ask the read ers of Chronicle if its columns will not bear true witness that on this question it has espoused the Mexican side. It it will now disclaim holding that side, we will congratu late it, and the country, most cheerfully upon the marvellous conversion. We could then insure to it a moment of real happiness— that moment when the convictions of the mind and the impulses of patriotism blend in delightful harmony, and proclaim that cur country is not in ike wrong. There would be more true enjoyment in that hour, when the scales should drop from the eves of our neighbour, and he should behold our glorious nation erect, and pure, majestic in the atti tude of a righteous cause, nobly vindicated by her triumphant arms, than could be found in all the high wrought visions of a heated fancy and a partizan zeal which have prompt ed the Chronicle's tirades against this “un holy, unrighteous and unconstitutional war.” But we are asked to defend our position, that “even if, after the causes of the war were fully and fairly in vestigated,” the march to the Rio Grande prove to be an invasion of Mexican province, “we should insist that that invasion was right—was justifiable.” We defend it on the ground, trial though it be Mexican territory in.fact, it had been re cognized by our govenfment as ’a part of Texas. It was represented on the floor of the American Congress; it had our revenue laws extended over it, and a United States custom house established upon it. What ever,therefore,subsequent investigation might prove as to the real ownership and jurisdic tion, when Mexico threatened to march an army upon it, it was rigid and justifiable in us to march an army to repel it. Our read ing of the constilution instructs us, that the President was right—was justifiable in ex tending the order which he did extend to General Taj lor, to advance to the Rio Grande. Whether General Taylor first suggested and advised it, is no longer a debatable question. His letter on the subject has been published. It was the President’s constitutional duty to repel Mexican troops and all other troops of a foreign power from that territory. Had he failed to do so, the whig presses would have overwhelmed him vvi/h denunciations of in ertnees and imbecility. As it was, he did not prove himself at ail too prompt— -too vi gilent in the course he adopted. But the Chronicle seems to hive under stood us to assert, that if upon a previous in vestigation, it had been ascertained that the disputed territory was in fact a part of Mexi can provinces, elill the President, in the face of this fixed fact, would have been justified in invading it. We took no stub position. The Chronicle quoted our language. It is sus ceptible of no such construction. ltdoesnot | require “a lawyer by profession” to know i that Congress alone would be justified in au thorizing such a step. But the President is not amenable to the charge of an undue ex ercise of power, or of having acted in this affair contrary to the wishes oi Congress, or without its sanction expressed or implied.— Chorpus Chrisii is on the disputed terri tory. Yet our army was placed there in August, 1845, and remained there during the whole session of Congress up to its removal in March, following, to ti e Rio Grande. Ii there was an invasion, it took place in Au gust, 1845—and Congress,by the non expres sion. of its disapproval, sanctioned that inva sion. But the position we assume is, that it was not an invasion, because it was not as certained that it was Mexican territory, and Mexico refused to allow this to be ascertain ed in the only practicable way—by negotia tion and treaty. If she his not by this time ascertained that it is American territory, she very shrewdly suspects that, though she may forever refuse terms (if peace, it can never be Mexican territory, except in the imagination of Mexican statesmen. It will be Mexican territory, only in the way that for centuries, the Kings of England culled themselves Kings of France, it. will be on paper only. How the War may be Ended. The Louisville Democrat says:—“lf the whig press will persuade their friends in Mexico to make- peace on some terms, nego tiations will no doubt begin, when there will be some prospect of an end to the war. We are compelled to fight Mexico simply be cause she will not make peace with us. Her whig friends in this country remonstrate bitterly against her accepting any terms we offer, and she will offer none of her own.— Her friends here will make no offer for her except that we lie up our hands and leave hers loose. We can’t imagine what the Mexi can whigs would have us do. If they will agree to nothing that we propose, why don’t they make their ow n propositions in behalf of their client? How would it do to with draw our trrops and offer Mexico Texas and Louisiana to indemnify her for the grevious wrongs we have done her, and for the great expense she has been compelled to incur through our wickedness?” The Mexican Policy. Tlie Pennsylvanian says that a letter has been received in Philadelphia, from a high quarter in Mexico, denying that peace with this country is in prospect, and alleging that an attempt will be made to prolong the war until 1348, when, if a Federal candidate for President should be elected, Mexico can get any terms she desires to have. Would it not be a striking anomaly if Gen. Taylor should be the Executive upon whom this expectation should depend for its fulfilment? The Federal ists have made him their candidate, and have a enounced their purpose in favor of peace by withdrawing our troops. But would Gen. Taylor swallow so disgusting a dose?. Singular and Distressing Affair, The Baltimore Clipper gives us the particu’a ■ of an affair which is truly as singular as it is dis t-cssing. A highly respectable gentleman of Baltimore, who was engaged in mercantile busi ness, was taken sick a short lime since, and, as wa.:> supposed, died. The remains were coffini d and conveyed to an adjoining city. When the coffin arrived it was opened, ir> order to transfer the remains to n more suitable one, which had been prepared, for final interment. A\ hen the lid was removed, the body was found lying upon the face, which upon examination was bruised. A moisture was observed upon the skin, and on close examination it was found that the vital spark had not as yet fled. All the restoratives that the best medical skill could devise, were used, and the man was actually revived, and lived for two davs afterwards, before the ‘spirit departed unto Him that gave it,” We were disposed, says the Clipper, to doubt the truth of the affair, but we have been assured by the most indubitable authority that the melancholy facts are cornet. [CMMMUNICATED 1 Raii-Itoad Meeting, Pursuant to previ.His notice, a large, and re spectable portion ofthe citizens of Wilkes and the adjoining Counties, assembled this day in Wash ington, to take into consideration the practicabili ty of constructing a Rail-R.oad from Washington to some convenient point on the Georgia R dl- Road; and to adopt such preparatory measures, as might be deemed necessary, in order to an early and energetic commencement ofthe enterprize. On motion, the Hon. Garnett Andrews was called to the Chair, ag|g, appointed Secretary. The Chairman tendered his acknowledge ments, and addressed the meeting upon the utili ty of Rail-Roads, in general, and the important bearing ofthe work under consideration, and up on tlie prosperity of such sections as may como un-der its influence. On motion of R. Toombs, Esq Resolved, That a Committee of eighteen he ap pointed by the Chair to prepare business tor toe action ofthe meeting. The following gentlemen were appointed to compose that committee. Robert Toombs, Thomvs Wootten, Thomas Ssmmes, Jas. u. Willis, Lewis 8. Brown, Joshua Morgan, Chas. L. Bolton, L* E. Butler, A. L. Alexander, A. Pope, Sr.., Ur Jas. Ti.NS.Lxy, L. M. li ill, John Wynn, Jas. Nolan, J. I‘. Irvin, Sr., Nicholas Wylie, J. T. Irvin, Ja., L. J. Gartrell. By request ofthe Committee, the meeting look a recess of thirty minutes, which, having expired, the meeting rc-assemb!ed, when the committee, through their Chairman, Mr. Toombs, reported the following Resolutions, which were read and adopted. Ist. Resolved, That a committee of three be appointed by the Chairman, to confer with the Georgia Rail-Road and Banking Company, and settle with it all matters connected with the junction of a Rail Road from this place to the most suitable point on the Georgia Rail-Road. 3d. Resolved, That a Committee of seventeen appointed by the Chairman, whose duty it shall be to transact all business connected "ith ! the obtain men t of the right of way. survey of the route, raising the means therefor, and the ascer tainment ot The cost of the proposed road. 3d Resolved , That a Committee of thirty be appointed to collect, and lay before a future meet ing, statistical information connected with the probable business of the contemplated road. The following gentlemen were appointed un der the first resolution: —Robert 1 oombs, Charles L. Bolton and Thomas Serames. The following Committee was appointed un der the second resolution: Thomas Skmmes, Adner Darden, Joshua Morgan, G. Overton, Bexj. Bow-ore, Joel R Chi vers, Dr. Jas Tins ley, 1 ewis 8. Brown, 11. F. Ellington, T. " V. hitr, VV.II. W. Si MESON, 11. W. Massingale, Gen. A. vv Grier, Dr. Henry Jones, L. J. Gartrli l, David E. Butler, W illiam Stone. The following committees was appointed undi i the third Resolution. Town District. — Dr. Geo. F. Buchanan, A. g. Wingfield, L. J. Gartre 11. C. L Bolton. Dunce ford's District. — J 1 ■ Irvin, Jr., Dr. D. W. McJunkin. Jackson's District.— Luke Turner, O L bat tle, Jus. D. Wiliis. Willin' District— Col. L. M. Hill, Baker Lips i sconth. Newton District.— Dr. Jno. V/. Heard, 1 ur j nel Truilt, W. Fanning. AJalluhgsville District. —John Vv vnn, Dr. \V in. Jordan. Howard's District.—N. Taliaferro, Benj. Fort son. Kendall's District. —Richcl. Bradford, r. AiC London. Anderson's District.-- Dr. Win. CL An or | son, Henrv P. Wootten, F. C. Armstrong, C i R. Anderson, Col. 1 hos. Wootten. U, ton's District.—Thomas Burditt, Berry A : Arnett, Wyche Jackson. Lander's District.— Jno. R. Semmes, Dr. Jas. Tinslov, r Foot's District.— Jas. Harris, W m. W . Simp son, Ge# iVJcKinnie. Tyrone District.- Jas. T. Hackney, Benj Wallace, Win. Slaton. D unburst District, — Rucben Kcndatl, I horn as : Marshall, Jas. M. Booker, L. P. P. Tate. Un motion, The chairman was added to the committee, and the committee requested to associate with | such gentlemen of the surrounding counties as I may be favorable to the enterprise. On motion ot Thomas Semmes, Resuhcd , That when the meeting adjourns, it 1 will adjourn to some future day, to be selected by I the chairman, and that he g ve due notice ol the : same. On motion of L. J. Gartrel!, E>q , Risolced, That copies of the proceedings of I this meeting be forwarded by the Secretary, to j theeditors ot tne “Constitutionalist and Chron icle & Sentinel” of Augusta, with the request : that they be published. i The meeting was addressed by the Hon. Roht. j Toombs and L J. Gartrell, Esqrs., and then ad ’ jmrned. GARNETT ANDREWS, Chairman. J. R. Sneed, Secretary. Washington, June Ist. 1847. [communicated.] WAYNESBORO,’June Ist, 1847. i In compliance with previous notice, a por i tion of the Democratic party of Burke couu ; ty, assembled in the Court Room, j The meeting was organized be calling Dr. E. J. Carter to the chair, and appointing Enoch M u.key, Secretary. On motion, it was Resolved, That a committee of three bi appointed by the chair to nominate delegates to the Gubernatorial Contention, to he belt in Milledgeville. The chairman appointed Dr C. W. West, | Messrs. Win. S. Morris, and Win. B. Doug- I that committee. On consultation the committee reported ti ; tiie meeting the names of Co!. A J. Lawson Jas. B. Shew make, and J. R; iier, as suita | ble delegates to represent ttie Democratic party of this county. : On motion, the above named gentlemen i were unanimously chosen as delegates, and i were authorized to fill any vacancy which | might occur in their number. On motion, Dr. C, W. West, it was i , ; Resolved , 1 hat a committee of one from I each district in the county, be appointed to confer with a committee from the county of Emanuel, fur the purpose of nominating a : candidate for this Senatorial district. That ! the committee meet at the 95 mile station, I Georgia Rail Road, on the last Saturday in I June. Messrs. Win. B. Douglass, John McLean, I G. Wimberly, Amos. G. Whitehead, G. Hurst, C. Perkins, Henry Bynes, A. Wig gins, 11. Schley, W. Nasworthy, O. Coware, A. Innman, N. Bullard, James Moon, \V. B. Hankerson, audGen. J. Walker,were appoint- I ed by the chair. Moved by Amos G. Whitehead, that the proceedings of this meeting be published in Georgia Consululionalist. On motion, the meeting then adjourned. E J. CARTER, Chairman. Enoch Mulket, Secretary. Gen. Taylor in Rough Hands, Since General Taylor’s name oas been brought forward as the federal candidate for the Presi dency, the old General has had a piclty severe handling by the leaders of the Corwin branch of ! th t party. The Hamilton & Rossvillc News,” j a rank .Mexican federal paper, in speaking of • orwin and Taylor, says; 1 * -We had with pleasure remarked that the Ga zette had spoken for Corwin, which was to us a declaration in favor of right. Though vve have expressed our preference tor Mr. Corwin, we are not so wedded to him as we are to those great principles of policy which he advocates; and if a whig convention were to nominate another civilian, we should acquiesce most cheertuliy.— But to the late attempts to force Genera] Taylor upon the whigs without a convention, we enter our most solemn protest; and when we see a dis position among whig editors to aid in so unjusti fiable a piece of demagogy, it is difficult for us to restrain a rebuke. '1 he erv about Taylor’s gYeut popularity is all a gammon, and they who lend their voice to swell it, will bitterly regret their fol ly, ifthev love their country.” The “News” would support any other “civil ian.” Yes, or any other kind of a' federal candi date. Taylor would receivejhis support as soon as any other whig, if he were nominated. That the federal cry in favor of General Taylor, is all “demagogy,” there can he no doubt; and we do not possibly see how the indignant rebukes of the “News” can possibly be withheld from the lead ers of the parly. Old Rough and Ready is more severely handled by the Mexican whigs in this country than he has been in Mexico.— Ohio 1 StaUzman. \From the N. Y. Journal of Commerce, '2d iiwf.j Four Days Later from Europe. We are indebted to Captain Banjamin, of the ship Rainbow, for London papers to the 7th insl. and Liverpool to the Bih, both in clusive. Breadstuff’s had experienced a further ad vance, and cotton a further decline. British intervention had been accepted by the Queen of Portugal, in cunseqnence of which it was expected that the disturbantco in that country would be brought to a speedy close. An American house in Manchester tailed for a large amount—supposed £ 120,000. The slop Relief,from New Jersey, had ar rived in Liverpool. The money market of the U. States was at tracting considerable attention. Political news without much interest. The English and French press continues to comment upon our affairs and war with Mexico. Gen’l. Taylor is spoken ot in the most flattering manner. The news of the capture of Vera Cruz, the negotiation of the 2o million loan, Sic., was first published in London on the morning ot the 6th, from a Journal of Commerce of April 16lh, which had been obtained by a pilot off Plymouth, from an Am. packet ship bound to Havre, (name not mentioned.) [The first news of the battle of Buena Vista reached London in a similar way,—a Journal of Com merce having been obtained from the ship Rainbow, < fi‘ Ireland, by a pilot, and the news forwarded express D Liverpool and London.] The London papers ot (tie 7th contain the* official despatches relating to tho capture of Vera Cruz, brought by the ship Arcule, Capt. lloudless'from N \ork. i From the Liverpool Times ] The American v hambsr of Commerce and the East India and Brazilian As sociations. —In consequence of the extreme ly a a ming site >1 monetary and co nmen i.l ai affairs, the above mentioned commercial bodies assembled yesterday, and appointed deputations to proceed’to London immediate ly, for the purpo.-e of communicating with ilie Government aid the directors of me Bank o!‘ England. Among ttie gentlemen d *pute I for this p irpose are Mr. lieywood, Mr. Melly, Mr. ’t o id, Mr. Sands, Mr. Aider man Nichol, Mr. J. Bramely-M »re, Mr Chau Fanders, Mr. Johnstone, and (we believed) Mr. William Potter. These geut cmni left L verpool la-t niolff, and will assemble this morning at 11 o’clock at Liverpool office, to j make the necessary arrangements. Several of the Liverpool banks have a r ‘ady represent- • lives in London. We understand that the Governor and Deputy Governor of the Bank of ; England had an interview with Her M jesty’s I Minister on Tuesday and we see from the Court Circular that the Liverprool gentle men. who h ive been in London during the ) whole of the present week on this ali-impor , taut subject, had also an interview with Min ! Liters the same Jay. London, May 6, (evening.)—There has | been a verv^ti ..dilating market for English sec'irih4sia*l!ay, arising from various tin weighed reports regarding the present condi tion of the money marker, coupled with the continued scarcity ot cash, which commands 7 per cent, in the Sionk Exchange. Con sols for the account opei ed at to§, receded at 87}, then went up to again declined to bljs. and linally closed bT j to . Among the events of the day may he noticed the arrival of .£60,000 in gold, from France, in addition to £BO,OOO re mved yesterday; rlie purchase of about £50,000 ot silver by the Bank, at 58;c. (a considerable decline -luce the sale was made to the Bank ot France, the price paid by that establishment having been 60|d.);and the receptions at tho Bank of a deputation from Liverpool tore present the existing pressure. The only feature in the foreign market was the rather better price for Mexican conse quent upon the news of the success of the American forces at Vera Cruz, as it seems to be thought iha t these victories must before long lead to the conclusion of peace. The first quotation of this stock was 19£ for mo ney and the account, after which it rose to, and close at 20 far money, and 20} lor lha account. The accounts from the wheat markets of the French departments are again becoming each day more serious. Jn almost, every dis trict has a riso in prices occurred. Indeed, the few instances'of decline are not worth mentioning, compared '.villi the general im provement quoted. Defeat of Ministers—Liverpool. Mat Bth. Ministers were defeated in the House of Lords on Thursday night, on the Irish Poor-law 13 11. This looks ominous. They were threatened with another defeat last night, on a clause, to he moved by Lord Stan ley, in the same bill. His lordship’s amend ment is idem iral with that moved by Lord George Bentick in the lower house. The Times says— “ The “Irish party,” which co suddenly ap peared and so suddenly disappeared at the beginning of the session, mustered with great force in the Lords last night. On the motion for the ‘Poor Relief’ Bill going into com mittee, the attack began in due form. Lord Monleagle moved,and succeeded in carrying, his amendment, limiting to the Ist of August, 1848, and to the end of the then next session of Parliament, the duration of the clauses of the bill relating to out-door relief to able-bo died poor. Sixty-three peers, in the face of De lernb'e events which are daily stunn ng the world, and in which they who run may read the accumulated result of leaving pro perty without duty to the poor, were found to vote for limiting the most moderate form of that duty to the contemptible period of two yea rs.” In the Commons, the Ten Hours Bd! has triumphed over all opposition; and is now on its way to the tipper house, where it will, in all probability, lie dormant until another par liament, and better times re-animate its prin ciple. Repeal Association —At a meeting on Monday the proceedings were commenced by Mr. John O’Connell, who proposed that on 1 hursday next there shall be a special meetr* ing ot the association to return adequate thanks, and pass suitable addresses to th© American people for the kindness and benet* ojence they have manifested towards tho afflicted inhabitants ot Ireland in this season ot famine. This motion, which passed, call■> cd up Capt. Clarke, who briefly expressed hit thanks as an American for the honor. Th< rent was £23. On the 4th of April, one of these dreadful fires which are the curse of Turkey, broke out at Bucharest, the capital of VVallachia. It was blowing a violent south-east wind at the time, and the fire, after raging most intense ly for 24 hours ceased for want of fuel, hav ing consumed in its progress upwards of 2000 houses and 27 public establishments. The loss of property is immense, and has been variously estimated ut from £1,000,000 to £2,600,000. To account for this appa*