Newspaper of The New York Herald, February 3, 1855, Page 4

NEW YORK HERALD. JA? ?8 Goitooi* n E WSTCTT, PROPRIETOR AND EDITOR. f?r fCE *. W. OOBVSK s' ASSAD AMD FCTLTON Volume JLX .No. 33 ~ ^isiiuwri this sv*Niim. BH^A-CWiiY liljCATHJC, 8ri.w>>jj Ciiiuhlu BSHA ?lb" rHAV?li.KH._ IJTIfIT TlimTKI IKhh (nimtnci tn 7 iniic duBtat*~ Ou'a 6*l? ll&pi'Y Ma.i-Ukmk Cook r rli WtLurtKaia. SCRTON'8 THE A ff.E, c h?r? Bahjic* or Comiomt We man's Lira. WALIAC't'8 T8HT W, BrOAdw?j-Tcw* a-?? Cotjs tmi? ft** VutTic. HATBOPOUTAX TUBR.THE, Bre?Jw?j-Enu?stiw*!t FsBruHMA^cis? Xrterni< m uod Kvioily. AMERICAN Hti'^EUM-AfUrnoo? *io? th STCttai - Slack ?yid fci Ait-tomn U*i>tcd Room. trOOE'S MrNTiTRKj.SjJlechmie*' 1I?U? 172 ?ccKifrfl omA douse, mv Br?wiw?r-BjcB. *??'? EthjWHAh Tlt-hA TkoiTB. K>NAhr,S0N'3 C/PEHA llOlSE, Uore Obtpfl, 718 unit WO Hro*Jw*y. New York. S<uurtluy. Fcbrukr) ft, 1953. TlMvltWi. The draft tl a new eity ctiartar, tfc'tske the place ( f the present abominable one, ?wili'be fjund ia an ether purStf ths day'e paper, 'it h ihe result of the tabors oft majority trthe of the Bj*?J of Aldermen. At an informal meettng, held on 8atur day tvoe'.Lg last, c special conmittee was rppolnt rd to iraw up a charter nuchas the experience of the hit tirtewtrtera of a century would enable I?e intelligent mm to do. Messrs. Wllliamou, Eiy, Vaxwa, VoorWa and Herri*. compose# <this com* tuitV,e. They re ported tfcc "result ef their ' labors to a special meet&tg on Tburs lay evening when six leas of the twenty-two AWermea were prciant. The document, an given ia aoc'.tier column TM uaan'r mjnaJy adopted, and will be strongly utped upon the ; {jegislatuia. If it passes that bed; 11 taconns a . ftxed fact.ti tbe us*al "dauue submitting it ti the people wM stri 'kea ?et, it having tr?c* decided that ] bo tegisUft ve act otn-be thus iepa*ic?i. The pAttical exottctn-nt at Aibiay is rapidly istcreasiag to fever heat. Taa ic-.nibora of twtu < brancbec of the L?? j'.ature have dropped all other busineeo, and turned their a tea '.ion to ths Senuiritl question. Yestudcy, in the Aeasaab'.y, tne duetto on the resolution defining the quaiiflsations of-a United States Seaator was i?aamed. But tiis wr? merely a feigond-isauc ; the sea! question being "tie fltnecsof Wm. r Seward far the post to whl:b ha hairLeen nominated by tho ??ncas of hid political adherents. Wo publish a sfcatsjfc. of the debate, anler the proper head, from whiot miy be githered an idea of tboiwtense feeling that prevails in opposition to the Whig ltd aboli i n candidate tor Umted States Senator. Thit Seward enured hia nomUiatiin * through fraud and c irruption was openly char^od on tbe floorof the AawaiMy; and that minycf tie participators in the wmg ocajas acted contrary to pledges given with all the etnet'ty of an oath was act denied. The debate will be resumed to day, and will no doubt be continued until Tuead ~y?:hc day appointed for the election. Our const pondenca from Washington, published under the telegraphic head, opens arichplaoer to the-prospaoting pviltioians of ttiia metropo'ia. Ths resign atlon-ol Col eclor liedtield, and the purging of the Custom Hiums of its carps of shoulder-hitting mitt shells bruisers, and the appointment oC respec table citizens in their stead, are the novelties of the M3MOI1. Yeeterday ?u, private bill day in Conges*, ani tat little of general interest tunnpired. In the -Senate Mr. Hallory's bill providing (or reforms in ibm-ftraennd of the naval service mm coaoMerai and passed. Officers out of the line of pram )tion and upon leave of absence ari t > bo pi ; ; *1 oa the reserved list, and thoae incapable of performing active daty are to bs provided for. The bill for tha relief of the claimant* of the privateer bri? Gannril Armstrong wai dijausstul by Mr. Bsajiaia, who opposed the grant on the ground of the .d tnger of tba principle involved. M-sen?. S jward, Biyard and Clayton advcc?Ujd thec?usaof ths claim ws; bnt without takicg tbe question the Sou as? ad journed. In the Houee yesterday the bill remitting the duties on goods of Messrs. Btlden & Cx, c?ntlacit;d i> Mexico, was passed. In Committee of the Wmle 4blrtj-six private bills -were perfected ail firo-ab y reported on; but w ben the commutes rose it w?i disc aveted that (he House was withoit a q iorau, and an adjournment took place, leiving the prose to torn of private claims to dance altsndanca for ua Uher weak. ? Cotton was a:tive yesterday, aud tae s?l;a em braced about 64)00 biles, including 1,500 bi es cn tbe ? pot and 3,500 in transitu, indicating a speca latrve movement. The market closed at lull pricis Iba-movementj in another luadiug aUi's iuvo nal been without ictereat. We allude ti tobico. Ttn Eastern war has exercised no unfav^tble influenza cm its value, aud strongly remunerative prices h?3 r&led for a jear or two past, wh'le the stock In this market is lias than it nan been a*, the same period within three years past On the first of Fnra*r/, l?63rwehad astockof 8,005 hhia , . 8,703 oi whi:h were Ke;.tnoky ; la 1854, 7 023 hhdi., of wilch 6,822 rere Kentucky; in 1855, 3,300 Lhds., 3,070 of whi:h were K :n:ncky; being little ever cne-~alt of tbe pxevloua year. Prices rang*: fro a Oi ;. 4o 11c. per pound, which m*y ba considered high rater, tod quite pro fl 'a bio to producers. In earlier tinns, Virginia, 1'tryland aid Nj.th Carolina p ada ctd the chief rupplies; ba4, the grrat balk nowgrown In this country is proluoei beyond the Alleghany moan ins, and oh icily ia Kentucky and 4Iiwou/i, with sjmo fa the adjoining States, nearly all of which is styled in th!* mvkat ?juder tbe general name of " Koatucky." The dir-t quality produed is in Uaion coxaty, Kin'.a ky, near MajsvlUe. Tha CmtinenUl peopli are tie largest ca t jiiern far thli staple, and thatossl In franco is a government monopoly, aid Is purchased is the Unite! S'.ates aanntliy by agent* of thit government. Were the ics'.rictian3 tritb whi ;h iU ^traduction into fort>1<<n countries are saddled, atolis'.ed, Its cocsnmption wju'd b: greatly in crease'. Within a f?w years the colcivtMaa of at inferior quality, known in th'd morke* as ie.'.d li*f, eaed for aegar wrapparu, ban greatly increased la Pentsylvann, tthio, New Yjrk. and the Me* Eag land cttatea, and some expsrti of it have evca txm j made to Havana, to be naad by sogir manufac Inrers. Fiour and gra'n w. re without u' irkcJ i change. .Old mew pork wa* ra'h?r euler. Tj j Liverpocl aid to &s Cactintnt provisions wen 1 going forward t> a fair ex'ent a*. prevba< r?t*??. To the former, rale* fo. ottjn, grain, and Sjjc, rather favored shippers. Our readers will fi;? in ano'her olun.i as ii teresting ajc autt of a scene whi h ocourrrd y<Mt>>r | day afternoon cn bjvd tke Ejipirc City, a far momenta previous io her departnre ti rtiivui. A Cuban youth, cam Jd Prack Hornai ie?, wa* abw : iearing this cauntry. In company ivi'.h M r. C.i?t>b . C*rr?Mli, ontls refara hsme, wh? h!s nce'e, P 1 Joseph Ilerraadcz, mid; hW app^traoce on bou 1; and on finding that it wjj agVart wl?h -j waa ftt.ng, brought him at^o.e, and the v?.*ifll p.> e^?d*d on its way wl'.ho*'. Mm. WalMM! new* from L b ha |j thj 15thHf?T?mh9?. As an 'iV.den:e of tie progresi of clrtl'zatioa, ths ii,bab.;a'ils w-re fotming p>litictl p*>ty conbin\ tioi.H in op^sa'tlon ta th? election of rr^fciJa^t H >. j belts, who h?M already se v-ad f jnr v.tili. and ela Las co ire to be regarded a* a sort of eli fogy. Ts i propriety of iatrodaclng tbe tUii.e liquor la t, by iegistative te'ion, neaped co^ld?rabie d!icasi1oa_ lhaoonieratcwcf attw E^iecapal ahurc\daaigMd' ?? be tbe 'arfest ia he repnb'la, wa? Hid wita a'j lha aremoaijs, at ManrovU, on thi 3 ).h October, and a scboocer of tjiriy Ave toai, the !arg*?t ever bni t in Liberia, wa? !tutich<>(1 oa the sane dty XtanOiTM 'J a.vra, cn :bf Qj'4 C m\ hid re j volted; vjq\ they were sevelt'y punished by the British Alp of war Bcoarge, which completely de ttiol'^bed the towns of Cbriatenbarg Port and 'Ml. Judge Roosevelt gran'ed an order yerterJay ii the Supreme Ooort, declaring the Eapire City B ink Insolvent, and vacating the asrigniBent made by the bank. He alse directed the injunction tj remain permanent, arc appointed tiro United States Trust Comptny reotivsr. A verdict ot $300 roa awarded the steward of the steamer George Law ymierday, in the Marine Court, before Jucge Thompson, for false imprison ment. We have received tetters and files cf pip !" from Harrna to the 28 th of January. There is nothing new Rom th? island. Felix and Estrampaa were still in priEOD, waiting to hear their doom ? msaer ttfln yet wfcetfcer it will be deatfh or b3b&^e. Preparations, itriraaid, are being Hiadeto strengthen Havana with[ad#;tional fort#, f<o as to surround the city entirely 'with fortification a. The letters of our correspondent* are published eftcswhere. proaptct* W3ew aril's Re KHotlon-The K A?w j Nothing** -The Slavery question? D'angcif Impen#*ng. The Ssrvard Leg^latinrecaucue of Thursday evtaiuf last, at Albany, indicates tho re-clei tion oMhewi'y demagogue to tfce United States Senate. The caucus numbered just oa*fealf of each bouse, and ha^fcg, after the first ballot, made the nomination of Seward unanimous, their decision is equivalent -to an election, look ing oae solitary vo4so. The-actiou of ?ie caucus w-a*, no do?bt, bona fide, m nd the man wanting, ?nd several overawe apprehend, Jrere among the absentees. Something more- therefore, than rough conjectures and loose estimates on j the part of the -opposition will be required to ?prevent the re-eletftion of Wm. II. Seward on Tuesday next We are not nau6h surprised at the rcsul- of this Seward eaucue, notwithstanding the nume rous representations made to us from Atbauy oi a reliable opposition anti-Seward majority in the Assembly. We have-all along had our misgivings upon the subject. We knew from all their antecedents, that the silver grays, how ever bitterly they may hate and denounce the ascendancy .of the Auburn demagogue, were not to be trusted. They want backbone, are feeble in the knees, and have never exercised the moral courage of striking their dreaded enemy where the hand dealing the blow plight be detected. He uses them when wanted or kicks them out with impunity when they stand in his w ay . A feeble clique of puerile grumblers are the silver grays. Wc have also distrusted the rough estimates of the opposition on another account. They have overlooked in the As-embly the influences of those outside Know Nothing movements of Utica and Schenectady, which Seward ha9 aiiroitly used to embarrass and wtaken the ac tion of ."the Order against him. With anything like an equality of raw materials to begin with, Seward and Tbuilow Weed are hard to beat in pipe-lnjlng and in sul.hidiz.ing accessible time servers, tide-waiters, and needy spoilsmen. In this case, too, having .absolute command oi the State plunder, we may rest assured that taey have 'been using it to the best advantage. It onay app-.ar to the Know Nothings in other States very extraordinary that Seward, after bis formal speech against the Order in the Senate, should oontrive, without a recantation, to steal into their camp in this State, and make a satisfactory diversion from their forces in his favor. But it is an old game of his to seize upon every new political movement ? antl stavery, or anti-Popery, or no matter what? and in some plausible disguise to appropri ate U to his purposes. Thus he contrived this Know Nothing defection, which has not only resulted in the outside councils at Utica and Schenectady, but which has thrown into the Assembly some fishy conservatives, who-e votes upon this Senatorial question may lead to the breaking up of the Kuow Nothings as a great homogeneous national party, and to the most dangerous and calamitous revival of the anti slavery agitation. The caucus vote for Seward at Albany lookB very .much like treason in the Know Nothing camp. Where there is treason there Is danger, in all cases where the defection kolds the balance of power. In this inetauce the danger to the Know Nothings threatens their very existence. The election of Seward is the test question of their conservative principles, and of their jirestigi ot invincible strength. His success demoralizes all their late Northern con servative triumphs, and throws this new Ameri can party backjupon Virginia and the South as a part ot the Seward anti-slavery coalition it er If. Re elect bim, and his sectional organiza tion and disunion anti-slavery programme con tinues?the anti-slavery agitation receives a new impulse, which may possibly overcome the I uon-iuterventioii policy of the Know Nothiags in all the Northern States, Massachusetts nit excepted. There is evidently a Know Nothing ?.plit at Albany upon Seward'B re-clcction, and, under the circumstances, it is significant of a gent ral demoralization and disorganization of the new party. This is the great object of Seward, and the immediate necessity of the Fierce administration. We are aware that the tools of the Cabinot contributed their mite towards the election or a Sowuid Assembly ? the hopes of the ad minis tration manifestly hang upon Seward s suc cess; but his electioj will be none the loss disa.- trous to the Know Nothiags ani the pea;e Mid harmony of the Union. Cast him out of the Senate, either by this or (In holding over tbc elec'ion.) by the next Legislature, and the coa.-t is clear from Value to Texas, for an overwhelming triumph in "5?> by the Know Nothings. L>jt Seward be re-elected, and the Northern vi;toricsof the Order will be but as the < ropty tattles of the Alma and the lukeriaaun, with a crushing defeat at Scl>a*topol. A cam pui?n will have been lost. Toe ao',l-?!*very coalition will take eonrug* they will oroceeJ fa ther to dvmoraliec the Knew Nothing army l?j corrupt iiargaUis for the plunder ? suspicious ueu hostility t a the order will extend in the Koutb and, by the j ear IBoi 5 the present Union and national party and platform ot the Kuow Nothings aiav be wallowed up in a sacti nai dilution contest upon the slavery question. Clouds overhang die sky at Albany, sur charged wi b all the elements of ruin aud dis ruption. It is thecrisis of the national unity and power of the new couserv kti? c American party, and it may be the crisis to the Union itself. There is imminent danger that Seward's re flection will destroy the prettigi of the na tionality of the Know Nothing organization, That gone, and the old parties frittered t> piece*, there is no escape from a sectional conu.-st for the Presidency upon the slavery qu< xtion. It is the object of Sow '.rd's c edition? it wouli be a windfall to the more d?M<peraUof tfa.> secessionist* of 'be South- 'hp ultimatum of both extreme* being a dissolution of the Union-two republics | instead of one? that there may be more offices, more public plunder, and that general state ^ I anarchy, civil war and social confusloa ?which needy and reckless adventurerat %ffVer fail to reap a rich harvest of the ap ^^ Break up the nationality of t^^ "popuhtr rev oln'ionnry movement of thQ Kvow Nothings, ai d throw ub info a sectioaM battle for the succession, and who does not, foresee the conse quecces? Th^.re will be no lack of materials for a disunion agltatfcn. The admission of Kansas a slave Stute, the acquisition of Cuia, tb.e division el' Texas into two or three ulavc P,tutes, farther aequiwitions from Mexico . &c., will be capital enough for the Northern ant* slavery alliance; and upon such issues, what fisc than tbeuecession of the Southern States !iom the Usktn can be the crowning result? Our Southern brethren desire a foreign commerce of their cwo, direct trade and kome manufactures; and hence the alarming apread of the doctrines of the secessionists during the agitation of the compromise questions it 1849 '50. A large proportion ot the Southern people believe that a separate confederacy would give tbcm all the advantages of direct foreign trade and of home manufactures, for which tbey are now so largely dependent upon New York and the North. And mOBt assured ly a South' rn confederacy would give the finishing blow to the commercial prosperity of tlhis great emporium and to all the manufac turing interests of the Northern States. An inside Southern tariff and an outside system of free trade would do the work. A large pro portion of our Northern factories would thus be transferred to the south side of Mason and Dixon's line; and the mass of our transit com merce with the South would be transferred to Southern ports, direct from Liverpool and Havre. These are the temptation? of the S3uth to disunion. Add to them the Seward pro gramme, which contemplates nothing less than the blooiy overthrow^of Southern society, and seocBsion becomes the palpable alternative of self-preservation. Reelect Seward, and his programme ? endorsed by the State of New York in the name of its people ? his partisans resume the field on the offensive, and the con tingency of a disastrous sectional campaign upon the slavery question becomes a living question. In this view of the subject, the Know Nothings of our Legislature, and the conservatives there of all parties, will appre ciate the heavy responsibility which attaches to their action upon this important issue of Seward's re-election. The danger Is imminent. Tuesday is the day. Seward Is the issue. Shall he be re-elected? We pause for the ac tion of the Assembly. The British Press on American Sentiment. We find in the London Times an article? rt published elsewhere ? commenting in a tone of some bitternoBB on the sentiments which are supposed by that journal to prevail in the United States on the subject of the Eistern war. Ab the Timet singles us out as the expo nent of American opinion, we are in a measure bound to pet our British cotemporary right on these points wherein he has fallen into error. It i? not true, as the Times stateB, that either the American people or the Nuw York JIliuld "sincerely desire the triumph of Ris tia, ard oar [England's] humiliation.'' So far as we are concerned, when we find the Times so ignorant of the way matters are managed here an to suppose tha^ Russians of the name of Nichoff are paid to write Russian leaders in the Herald, we are not surprised that our sentiments should be misrepresented, even in this gross manner. Still we should have hardly tr, ought it necessary to remind our trnns- Atlantic readers that the editorial columaa of tbis journal have contained no expression that could be interpreted into a desire for Rursa's triumph or England's humiliation. We have, as is our custom, freely opcued our columne to correspondents on ail sides American travellers like Dr. Cottman, have found us ready to publish their pleas for the Czar ; while our Paris and London cor respondents have stated the ewe of the al lies pretty fairly. The Timts may be better itifuimed of whit paws in America thin we are : but up to the present time we have jet to learn of the first reil indication of active fjmpatby for Russia among t'ae citi zens of this republic. Bands of Irishmen? of the patriot stripe - have held meetings here, at New Orleans and very possialy elsewhere, and may have cheered the Russians as they would have cheered any enemy of England. But this country, we will take leave to say, is not yet a dependency of Ireland, nor are the Irish the only or the principal people in it. At this pre Fent writing, in fact, Irishman are generally in such disrepute that though they speak and wiitc what they please, their opousal of a cause is actually likely to incline American opinion towards the opposite side. The people of the United States, we repeat, arc and have been neutral in the couteat. This, it seems, is not enough for England. We must take sides with the allies, or be charged with difhonor, corruption, unnatural prejadico and ; eo forth. This proposition may seem clear to the ongTy belligerents of Western Europe : but it is not at all clear to us. Tuey may consider all who are not f>r them as against them ; but we on our side arc surely entitled to hold oar s' Ives aloof from a straggle in which we aave Lot the smallest shadow of interest. llcw absurd, too. and inconsistent fur the Eug lish to be constantly whiuiug about the abseoce of "sympathy" in America, when all over the world, the Russians excepted, there is no race or nation ogaiwt which these sam? English are so constantly plotting as the United States! Is it because England and France seat oat consul* to prevent us making a commercial trea'-y with j Dominica that we are to sym|>athise with them in their troubles * Is It because the agents of the Fi reign (J (lice are p'Tseveringly engaged in distorting our mwtives and thwarting oar aims in the Sandwich I-land* that we aro to sympa thise with England? Is it in memory of the threats held over our heads by Eagland and France that they would protect the Cuban au thorities in harassing our trade, or ia m:ck thankfulness for the persevsriag endeavors of the same powers to pr-jvent the annexation of Texas? peopled as it was witn our own elci zena ? that we are bound to s;mpa.hise wiJj | the Western Powers? or is " Am rican sympv i tl y " vii wed in Hog. and in the same light a? canine affection ? to be ell itei by cuffs and kuks. by hard words * .d a stvadjp coarse of unkindly treatment? These are the p'.luts which the Times should f*t to rvork to expla n, and not the silly calm- ! ia-..?is of some obscure trader, of whLh fi U one hue has ever beard anything. L?; . \\ 7 ? ? ? j* leading journa1 ot Europe tak^ the frouble to interpret that speech of l,ord Cla rendon's and that other epeech. of the French Emperor's delivered only the other day, in which the orators oPfoially declared their , readiness to u$e their combination for the pur- j pose f/t effco#tJg their ends in America as well as in Europe. If it can, with all the superior j abHity of which \t boasts, give such a coloring ! to these manifestoes as divests them of all hoe- ' tile import to this country, it will do far more ' towards awakening American sympathy than it can by appealing to the interests of the cot ton growezs of the South or the corn planters of the W est. A a to the opinions expressed by the Ameri can press with respect to the war, and its con sequences upon the state of Europe, as the Times says, these arp matters of opinion on which it is hardly likely that we shall agree with the Western Powers. They are naturally enough much heated in their quarrel; sore at the failure of their invasion of the Crimea; and irritated at finding Russia considerably strong er and more resolute than they expected. Men's opinions are always more or less the fruit of their hopes and wishes ; and hence the British opinion that the peace of the world re quires the dtfeat of the Czar. We, who have not sent out Boldiers to perish in the Crimea, and have not plunged into costly and despe rate wars, take a somewhat calmer and more dispassionate view of the Bubject, and do not discover the immediate connection between Lord Raglan's defeat, and the destruction of liberty in Europe. Bound, moreover, by tra ditional theories, Great Britaio, like all the other European Powers, believes in what is called a balance of power, and lives in perpe tual agony lest the alteration ol some existing landmark should lead to the annihilation of all the present European nationalities by some overgrown monster. We, who look at these matters without the benefit of tradition, are Sceptics in this affair of the balance of power, and do not believe that any danger of universal sovereignty exists. We think that Napoleon ought to have learnt from his own experience how impossible it is to unite several distinct and hostile nations under one government; and should have known better than to fear that Eu rope wonld ever become Cossack. Looking at these turmoils through an unprejudiced medium, and by the light of history, we regard the ex tension of Russian power in the direction ot Turkey as far more pregnant with danger to the Russians than to the Western Powers of Europe. The possession of Constantinople might render Russia a great Asiatic Power; but it could not, in our opinion, increase her strength in Europe. We have more faith in the English and French than they seem to have in them selves. Something must be allowed for their present dejection; but even were Lord Raglan cut off with all his army, we should not be prepared to expect a Cossack conquest of Eng. land or France. Mr. St. John and the Bank Department. ? It Is proposed in the New York Senate to re move the Banking Department from Albany to New York. In connection with this change it is understood that the preeent Banking Super intendent, Mr. D. B. St. John will not be reap pointed, but that the office will bo conferred upon n new man. Both of these measures com mend themselves to public favor.. The location of the Banking Department at Albany is a mistake. The day it was made a separate department it should have been re moved to New York, where three-fourths of the banking business of the Union is done. The in convenience which has already been felt in sending or traveliirg to Albany whenever it w.s necessary to do business with the Banking Department can hardly be exaggerated ; and occasionally actual injury has been suffered by noteholders in consequence. It has fre quently happened within the past two ye us that securities ? especially mortgages? have been sold by order of the Bank Superintendent at AlbaD? ? where there was no one to buy ? for considerably less than the price they com manded here, aud for lejB than the amoaut they were pledged to secure. It is quite pos sible that it would be inconvenient for the Bank Superintendent to send securities to New York for sale : but is it not obvious thit a place where the business ot the department cannot be carried on without loss to the public, is cot a suitable place to have it located ? Hereafter when the local jealousies which cau?e so much inconvenience to the merchants of New York have disappeared, it will appear incredible that so ridiculous an arrangement should have sub sisted for lour years. Whatever may be done with the department however, Mr. St. John's removal is a matter of imperative necessity. If that gentleman had been the best of public officers, aud the ablest of Bank Superintendents, it would still be pro per that he should be removed, iu order to es tablish the wholesome system of rotation in of fice. He has already served one year over the period for which ho was elected, anl it is tima that he should be replaced. He has at present something like twentj-six millions of securities of various kird- in his bands and under his oc troi, including twenty million* of stocks stand ing iu hie name. Over these securities no one has ony control but himself. Eves the Legislature does not look deeper thin tne report which he furnishes them. It is positively alarming to thif'k ihat so vast an amount of money is iu the safe keepiug of one man, and that the owtcrs have no better security for it than h!i honesty. We intend to cast not the slightest imputation on Mr. St. John ; but surely the public safety ? not only for the present but for the Mure ? requires that the system of rota tion should.be thoroughly carried oat in this office, in order that each superintendent may be a check on his predecessor, and that no such system of frauds as have been brojght to light in the career of Schuyler, Forsyth and others should be possible in the Bank Department. In the individual case of Mr. St. John, the system of rotation would involve no injustice. For, whatever may be the merits or capacity of that gentleman, it is notorious that he has not given satisfaction as Banking Superintendent I to any class of the community ? except perhaps Me personal friends. Attempts have been in discreetly made by the latter to show that Mr. St. J, hn's unpopularity was due to the v.gilance with which be Arreted oat and punished dis honest bankers. This would be in the highest degree honorable to him if it were trae : but it it. not. It is prceieely his want of vigilaace. and more especially his want of mercantile knowledge and experience? not at all sur prising in an Albany politician? which have led to the geaeral demand for his dismissal. Example* of these shortcomings of his are plen tiful a* bad bank notes. Such, .'or uur-ance. i waa his neglect to keep such watch oyer the I minor banks in this city as would have pro vented the recent failures, involving K-ary losses to depositors and noteholders. Sucb was hiB blind haste to sacrifice the ueoariUen of the Eighth Avenue Bank, whereby six cents on the dollar were lost, which the smallest exer cise of commercial tact and skill might have Eaved. Such was his selling, on quite a recent occasion, a lot of bonds and mortgages which he held as security fbr issues, at a depreciation of from thirty to fifty per cent; and actually receiving back those identical bonds, some time afterwards, at their original value. Similar cases might be enumerated without end. Even heavier charges than want of business capacity and vigilance have been brought against him. He has been openly accused of the most glaring favoritism to political and personal friends. Wielding a power commensurate with the enormous de positee in hie hands .and the wide scope given by the law to his authority, he has been enabled to break many banks to which he was unfriend ly, while he allowed favorite institutions in no better condition to work their way out of diffi culties. Rumors, in some instances vagne, in others tolerably circumstantial, have connected biB name with stock speculations; and people have not been wanting to show that by merely selling a part of the securities he holds, and buying them in afterwards, a large fortune might have been realized. These insinuations may be calumnious. But it Is clear that a Bank Superintendent should be above suspicion; and Mr. St. John can blame no one but himself if his indiscretion has led to suspicions injurious to his character. Quite independently of these points, the other objec tions we have mentioned are amply sufficient to warrant the Governor in replacing Mr. St. John by a person less obnoxious to reproach on the ground of vindictiveness, less bound by party ties, and less unpopular among the com munity with whom his duties bring him in con tact, and on whose co operation much ot the efficiency of the department must depend. The Custom House Imbroglio? Latest from Washington.? Our special despatch from Wash ington, of this morning's issue, touching the business of the extraordinary gathering of soft shells, at Washington, presents the mission of John Cochrane to the White House in a some what different light trom our advices of yester day. Marcy, Guthrie, and other old fogies, it appears, have brought the President to a very happy expedient for the conciliation of the bard shells to the proposed nomination of poor Fierce for the succession by Tammany Hall. The plan is, as we are informed, to discbarge from the Custom Houbc ninety-seven pugilists, short boys, slung-shot rowdies, drunkards, jail birds, watch- stuffers, thimble-riggers and stool pigeons? all soft shells? and to put in ninety eeven decent hard shells in their places. Red fitld, they say, stands by his short boys, and if they go he goes. Cochrane, it appears, backs bim up. How could he forget the services of those ruffians at Syracuse. Marcy, however, seems to be too Btrong for them, and there is danger that ninety-seven desperadoes will be thrown out ot the Custom House, and turned loose upon soolety, without a moment's warn ing. We call the attention of the Mayor to the necessity of providing an additional police force in view of this threatened soft shell sortie from the Custom House. Still, everybody must aimit that Marcy is right. If short boys aad miscellaneous loafers and vagabonds have failed to reunite the democratic party, let decent and respectable men be tried. Ninety- seven of this class, we should think, in these hard times, could be pickcd up in New York to support the nomination of Mr. Pierce in consideration of the spoils. Let Marcy insist upon the ejection of the short boys, and let our active Mayor pre pare the police to give them a warm reception. The administration is looking up. It is be ginning to cast about for honest men. Make way for the tortie from the Custom House. THE LATEST NEWS. BY MAGNETIC AND PRINTING TELEGRAPHS. Important from Wuhliigton. T1IK M.W TOHX COLLKCTORKBir ? A P0BO 4TIV1 POR THE CUSTOM HOI SB-- GBOROB LAW AND THE PBS tlDXfcTlAL QUfcBTlON, ETC. Washington, Feb. 2, 1955. 1 have information of a reliable character to the effect that Mr. Kedlleld, y our Collector, baa wot In his resif ? | natioc, and that there i* a probability of its acceptance, j Mr. Tweed, present member of Congress, U spoken of , by the aeciet few aa bU successor. Since Mr, Pierce bas | made up hia mind to itand for a re election, a careful j examination ha* been made into the character of tho<e ' holding office in your Cuatcm llouee, with a view to 1 reform ? a Kovement that ban encountered the oppoai I tion of Messrs. Ke<! field and Cochrane. The ascertained , tnacbery of one of the adminiitration leaders of your I city towards Governor S? jmour, and which that gentle ' man all* gen effected hi* defeat, has been placed before the Piei'dent, with the aunrance that like treatment Is Id stcre for hiu. Thia view of the matter inds ?up pcrters in Meters. Marcy and Guthrie, who suggested the postponement of the fusion meeting that was to ; have been he2d in Tammany Hall, to some future 1 period. | In tbe meantime, changes are to take place, and the , President bas expressed himself in favor of equal dis tribution of tbe spoils among tbe hards, when tbe fusion muting msy w.th prcpilety be held at olJ Tammany, litre is tbe rub? here rests the difficulty. R->d&?l<l re signs cffice in preference to ihe giving up of political , power and patroasge; Cochrane, not qulle ?1 inde pemltbt, sounds the alarm of distress to Uis numerous colleagues In office, and ? general stampede for Wash ington is reeon.mtn.1ed and adop'ed. These gentlemeu (.(1st u|cn the con- acceptance of tbe Collector's resig nation; that tbe act would be attended with ff-al consequences to the psr'y of tbe administrat on tLiougtout the State, as it would puOuce di? ceid and doubt, and would givo to the hards confi dence ard increase of numbers. Marcy replies that tie atory is old, bas heard it before, and aa a friend to Gen. Pierce baa suggested matcr.al change, not only in aud about New York, hot elsewhere Hespectabiiity , Intelligence and trustworthiness h?re after are to be considered in tbe appointments te o(B:e Ninety-seven persons ?t this moment hobiing plac? in and about your ('u?t<.m house are noted pug lists, gam' biers, Jmnkards and thieves, and these men, whose names have beei. shown to tbe President, obtained their situations tbrcugh tbe recommendation of some of ths Pierce ieacsrs wbo a re now in Washlagton urging their retention in office. The removal of the?e meu, an I others of not much better character, l< determined opon, let the consequence be what It may, tbs with drawal of Re>) field. Cochrane, Fowler and other* from office, cannot prevent the change. A recent caucus was heW ia Fowler's room, but none present wars willing [ to preside, and with the sicepti >n of Paiuuel J, iiden, ncne were fouid bold enough to pro'est against ths de clared reiolres of the President, an 1 it is not yst certain that tkis person waa speaking for or agsinst the proposed pcIJey. An effort was' male on ths early ar.ival of tbe?? New York gentleman to get John McK'?n displaced. They reasoned that the District Attorney did not associate with them pollti eally, that he refuse! giving money when called upon, sad that he waa no frtead of the administration. Bishop Hsgfcee, though abaeat, had hie Influence with tSae President, aad the pr?poee4 scheme waa nnavslllnr. CvaLiag and Forney warmly appror* U?e policy about '* be adapted. To tha Preeideat's face they in all rmilos and encouragement; confidentially to Cochrane and Fowltr, they nprt ent the magnitude of the ? aoout to be coamltted ? rupture in the Pierce party, ia what these two conspirators are now working to ac complish. A gene ral burst up will adord plausible ex-' cute for the withdrawal, by his own content, of Pierce, and their support, for a time, of Buchanan, who wU* alro be out manoeuvred, when the field will be left free to tho?e who will pay the most money. Forney has expressed lnaa letter to George Handera and lavi D. Maaaa, his preference for Ceorge l.aw for the next Presidency; and at this moment he is making out his plans (among which are the sacrifice of Pierce and Buchanan) to give this gentleman aa early support. Parts of the South and West aie already under canvass for Law ; and la a few weeks? Immediately aftegilie adjournment of Congress ? the stump and the press itkk be freely opened to him in some three or four of the States. Tue heavy capitalist, Vanc'erbllt, i( said to warmly advocate Law 'a election, and letters from seme of j "ur large mere untile" house* are pleading the necessity of having a practical man for the next Presidency. In the new appointments that are to be mado in your Custom House, the friends of Law will try and obtain a fair representation, and this will b? accomplished if money and lobbying can bring it about.. DEATH OF EX-UAYOB 11AI/KY ? SUBSCRIPTION FOB B. M. BOOTH* Wabhikuton, Feb. 2, 1855. The anti- Nebraska members of Congress hive con'rl buted liberally towards the payment of the fine imposed upon S. M. Booth, by the United States Circuit Court at Milwaukie, in a case of rescuing a fugitive slave. Tlie fine is one thousand dollars. Ex -May or Maury died at one o'clock this afternoon. His loss will be universally regretted by the whola com munity. He was weal by and benevolent, and during tbo time he filled tho office of Mayor, it is said, be dis tributed more than double the amount of his salary in various and extended acts of charity. He was President of the Bank of the Metropolis. PROCEEDINGS IN THK SUPREME COUBX. Washington, Feb. 2, 1855. Chas. A. Davison, of York, La., and Luther Day, of Olio, were admitted attorneys and counsellors in this - court. No 09? Josiah S. Stafford and wife, appellants, vs. the Un'on Bank of Louisiana. No. 106? Josiah S. .Stafford and wife vs. tba New Or leans and Canal Banking Company. Appeals from the ' District Court of Texan. On motion of Mr. Coxe, these cast* were dismissed with costs, by consent of the parties. No. 58? Jane A. Cox, guardian, et al, appellants, v?? Charles Mason. Argument continued by Hon. S. P. Chase for appellee, and concluded by Putt Smith for appellants. No. 58? James Rhodes, appellant, v/. W. B. Farmer et - al. Argument 'commenced by Phillips for appelluits, and continued by Bibb for appellees. Interesting from the State Capital. TBS UN1TBD STATES SENATORS HIP* Albi.vt, Feb. 2 ? 1 P. M. Although we are not perfectly sure that a Union na tional man will be chosen in the place of William H. Se ward, jet the country will know, when the history of this legislative canvass is written, that we have bean conquered only becautc we were attempting an impossi bility. We believe that, the fate of the arch-demagogue is sealed; but if he cucceeds, it will be h'.s last triumph, nor will he be able to outlive the intolerable odium that will cover his name before the next Senatorial term ex pires. If he gets into the Senate, he will be a plague spot there. Yet, Union men everywhere unfarstaad that the earnest and the mighty effort now being made to de feat this man is the strongest pledge this great State could give of its fidelity to the constitution, and its reve rence to tho spirit of its founders. The amount of cor ruption here ? the intimidation, the bribery, the lying, and the trickery retorted to ? are beyond belief. Weed and his men arc growing desperate, because thelr cbaccts are growing smaller. If it did not seem too good to be true, 1 should have no hesitation In telling you that Seward is sure to be defeated. TIIE WHIG LEGISLATIVE CAUCUS? SE'.VAHD'B CHANCER ? THE HECRRANT KNOW NOTHINGS ? THE DEHATK IN . TBI ASSEMBLY ? TIIE OATH OF TBI JB8UIT8 ? COUN CILMAN TOM biniLAr, ETC., ITC. Albany, Fab. 2, 1866. Tfce proceeding* of the whig ctucus Id the Assembly chamber last evening ? as conducted in an orderly and respectable manner. The lateness of the hour before th* meetirg wan called to order by l(r. Blatshford, and th* ?mall number of members in attendance,- caat some *us ? picion upon the reiult. It waa not orgaciied until half an hour after the time appointed. A Urge audience of lie friend* of Mr. Scwanl erswded the lobbies and gall* tea, who awaited the call ng of the roll in the moat ago nixing suspense. After tbe liatof Senators and member*, of the House was called orer three or four time*, an) Mxteen Senators and sixty four Auoaibljmen rea ponded to their names, the fears vauUhed. They felt conBdent of lucces*. The votes cast were aixteen of the Senate' and sixty-tour ef the Mouse, just one-half the atrengtbs of rach tody. Upon one Senator aba* at, Mr. Barnard,, tie friends of Mr. Seward can fully rely; ao that aeven te?n votes, being a majority of that boly, will certaiify be given for that gentleman's r? -elec tion on Tueaday next. The arrival of Mr. Good win, the newly eli-cted Senator, and that of Kr. Storing, who is at home indippoeed, cannot alter or affect the retult. The sixty-four vote* in theHouie last night are sure when the election takes place, whloh la ? ma jority upon any day of the neseion, a* it rarely occurn that the full number of one hundred and tweoty-eighd are present. If it should happen that every aeat shall be tilled on Tuesday, it will be a very eaiy matter for th? managers to obtain sufficient to control a majority even then. Further, in the event, which U not probable, that the Know Nothings make any inroad upon the vete of last Light, the fact is at,# ascertained that two, and par* hap* three barnburner* of th* Mouse, and one certain, if not two, in the Senate, w:ll vote f?r Mr. Seward to. counteract the Know Nothing*. But If this emergency does not arise they will not go over to thewhige quite a<> PWB. buoh are tbe fact* an tliey exist thi* moment at the capital, and they tell unquestionably that Senator Se ward will be rc-elccted. That decision the caucus d?ter mited laat evening. and It i* irrevocable. Bat the election ot Seward baa entombod mure than ? twenty whig*, elected under pledgee t?a, mad by rule* of, tha Know K< things, tLo Simon l'nre order. They ate spitted, and tbe brand of islamy and moral perjury isalrtady vicibiy stamped upon their loruhead*. Let llit tu >ote lor Seward in Tuesday next, at they did foe h m latt bight, ant they will each and ercrr one beeoina tuntru ro iirpp in j o.itu *1 j^rc! itlon that th-tir fo?* J re main! fan never be gathered for reaotreetwo. Now lor the Malm law; wtiat will be Ita late ? Kvery bod i | r dieted that the election ?( reward was the all abrorMng question. Everybody know* that several lead iLg member* of tb* Houte were elected and cam* tu the Legi*latur<i at an inmense i-ncritice of tune and money, w! oie legal and other bu?in''(a *utf?r* to an Incalcu lable amount In their absence; bnt they come for uo other earthly object than to eleet Mr. Veward. WJI tiny cow aid the Uainr law fanatic*, since tha tempe raico bigot* have aided tL?m In accomplishing tbe only measure of the ?es*ion worth earing lor V Will the whig leader* in and cut of the legislature carry out t'.tlr pirdgea at tie pel!*, ind thu* lar ever ain.-e, and suffVr tbo preposterous prohibitory bill now in tb? U#> ut* to becon.e a law. and adopt it aa their party platloimT Thi? inUrrigalory will very loon meet witi a response. Notwithstanding tbe result of tbe balloting In cancua laet ni?ht gave strong iiol.caUoua a* to who lb* peraiv 1* likely to be floated to 1 !.<? foiled States Senate, the debate on Mr. I atty'* resolution waa reaumn.1 la the llouie at an early hour th.e morning. Mr. Waterburj opened the debate, speaking generally in reply to the ipeakn'ii rematk* o( yeateroay. tome of h a pointe wera strong and well diricted. Mr. Lamport followed U wai the firat speech of any not* which that gentleman lar tl ought proper to deliver during the seaalon H* l| ok* with much effeet, and on account of the po*iti< ? w^icii b* occup.es in oppo*itiou to the return of Mr. feward, waa li*t?ned to w tb toe f,r>a'est at tenuen by a larjre r nd somewhat o? lt?l ai> ditory. It# oeclared himself in favor of peroiit tirg tbe large>t liberty in religious opioioo, believe"! tbe Catholic* have e^ual righia with P#ote?> an a to tbl* country, but be contea4?<t that in oureivil gotrrr.iurn*, In the ? dm ni ,trat on of our law*, the aa tlve bnrq rltlfrn shouM rule America. He '-oanbatW*'. the higher law ?'oitrrne ? the sectarian school do/maa? Iba turrow national policy ol Governor Heward, contend lng 'bat Midr principle . and such poll sy were detrlmen i tal to tbe true interests of thi* Iree government WhiWat he awarded to Cat hoi it a t:.e jerfe:t rigV. 'o the en^iy m< nt of tb' lr r< l!gl? u.s n ntinvnts, he thought the vows which were taken by ti e Mgber ordsra of that .'hurch weio not congouial to tie principle* of this free g>ver t merit, io support of which Mr Lamport read wba' le repre?er.tfd *? ttie Jesuit oath Krom the (u'emee io ti r<'?t With which tlie rr.i r->b-ra an.l audience 1 ateue.i V 11* Mr dug, we are indued to be'.leve that I'1 appear ?nce In print would I.* ?ratlf*ing to tlia rca<>rs of tile Htaai.li. We have ther*!we transcribed it, aa follsws ? I, A. II , now in the preteeae of Almighty CoA, the kla??t Vir .in S'ary, tha hi*. >-<1 Mi vi ael th? Arolian I the kl?*"? t St. Joha the Baptlat, tha Loljr apoatlea 5t. Pei?r and S? I'anl, and all t he sr.li.ta r b >: ? r?d hn?t or l|i a??:>,->ad to y (.?> my *hi.*tl]r father, d" deelare fr .tn aiy h?ar?, wiihonl ai** tal raitriatioB. that hi? Il diim? I'opa ia c i.ii aikw f i rral. and la tha trno an t ntly hr?d of the Cath die <r I.mn rial chureh tbr ..'V.iv . arth, and tha' I v vir CI tt|. k' || (.1 I ;?! I. / r.- I J ? II . .ivea 1.1 h.. II ,ii ...? > my favlenr Jaan* thriM. b? hath p-wer to dapow lera'i-al kiaga, prluaee, atataa, ci>B.in i.?#e.tha aa I novtr.iniauta. ail I elnr Illegal without H? n r j t roi.CrM*tion, ail ? ttap may aairlr ha de?iroyed, thernor" to t' ? it n it o( rat |i ?>r I ansll and * .11 lt ,?i. I tl,i< dm trine, an I hi* floii pea?' riakta and oant iaa vainat all ?aarpee* of tt? fceron. al (or I ro'.aaiaau auti.or.tv whaUoavar. a?p?. .ally *f*!Ti?? tha now prete r.ued sffioHty and f r"h m Ra.laad, aad all a Ih'renia, la rarer 1 that t .ry v?d I f be be of or pal Sti 1 b r'icat, cppe.i-t* fe aa- r?t m'tker ehnreh of K' m? I dn reaouaee and di-'.<*n aar allefisnr* a* doe t% any kerciieal klae. arlaee, or ?iat? uktu%4 l jenaiaal, (t ?M 4m?(? le hay e( thaig tafaviec