i r• IJ)TI)GDO'N JOURNAL ifeintUß netoopaper—Ottottif to General iiitttllfitruce, atitiertfoing, Votit `9'0)11. Z.tl2 0 ZUCIDo a2e4l. PIIBUMIIND BY JAMES CLARK. cDuc.3:ta Gs The "Jounwar," will be published every Wcd• tesday raorning, at $2 00 a year, if paid inadvance, and if not paid within six months, $2 50. No subscription received for a shorter period than six months, nor any paper discontinued till all ar rearages are paid. Advertisements not exceeding one square, will be inserted three times for $1 00, and for every subse quent insertion 25 cents. If no definite orders are given as to the time an advertisement is to be continu ed, it will he kept in till ordered out, and charged ac cordingly. ciz? V. B. PALMER, Esq., is authorized to net as Agent for this paper, to procure subscriptions and advertisement. in Philadelphia, New York, Balti more and Boston. OFFICES: Philadelphia—Number 59 Pine street. Baltimore—S. E. corner of Baltimore and Cal- vert streets. Nero York—Number 160 'Nassau street. Boston—Number 16 State street. POMT R."2' . SPRING. AT MRS. LTDTA /ARE rtERROIC The beautiful Spring, the generous Spring, She has come to her own again; From the gem-like isles that repose in amilea On the breast of the Southern main. She comes with her angels, a beautiful train Of the sinless, the bright, and free; Who joyously fling from each glittering wing A sparkle of melody. The Sun in his gladnessnolutes the young Spring, From his sapphire dome on high, Shining down from above, like the spirit of love, From his home in a clear blue sky. The fountains gush up like a young maiden's joy, And How with a laughing song ; And the rivers give out a melodious shout, As their plum'd waves march along. The bright dandelions bespangle the vest, Of green velvet that Earth puts on, And Zephyrus weaves of the young forest leaves, Her silver and emerald crown. Her lap is nn altar to Spring consecrated, Fill'd with offerings rich and rare, Of young dewy flowers from the balm•breathing bowers, And wild fawns and young lambs fair. There's a hymn on the earth, there's a hymn on the sea, There are hymns on the balmy wind; There's a flush of delight, on the fair and the bright, There re beauty and love combined. There's a rich gush of life in the myriad breasts That feel the warm breath of Spring; There's pratso all abroad to the bountiful Lord, And a free will offering. The beeutrul Spring, the generous Spring, She has come to her own agent , With a message of love from the bowers above, Where the pure end the beautiful reign. lIICOM:aIa.A.NM 070. History of a Fiend. A edit of law has been commenced within a short time in Now York, which has brought to light the conduct of a fiend, which, for baseness and turpi tuie, can find no parallel, wo should think, in the civilized world. The Express relates the particulars as follows: The individual to whom we have alluded is a native of Spain or Cuba. He married a young girl a few years ago at Havana, by whom he had a daughter. He then seduced the mother of his wife, was arrested for the crime, and tried and condemned to transportation. The vessel on board of which he was placed, with other convicts, was wrecked in a storm on our coast, by which he escaped and made his way to New York. After being some time here, ho sent to Havana for his wife and child, who in duo time, arrived, being accompanied by his wife's sister. Subsequently he seduced the sister, who had offspring by him—and now comes the dreadful point of our story. When his own child had arri ved at the age of fourteen or fifteen years, she also became the object of his hellish lust, and proved enciente by him. The authorities hearing of the matter began tostir in the business, when he thought it best to fly, which he did, carrying off his own daughter as a mistress, and leering his wife here, with one or two other children. As to business, he had been engaged for some years as agent to a house at Havann. Previous to leaving New York, he placed his goods in the hands, of a third party. The house at Havana hearing of the transaction, sent a power of attorney to n gen tleman bore to obtain and take charge of the goods which had been in the individual's hands. The gen tleman applied to the third party who had them in possession, but who refused to give them up, claim ing to own them. The gentleman then commenced proceedings nt law, but in doing so gave an oppor tunity to the party to bring a counter aUli against him, which he did, laying damages nt $20,000, and :he gentleman was ordered to be held to bail in $B,OOO. This, we believe he her not been able to obtain, and may have to ,To to prison, and his little business and family are broken op—truly verdying the old adage, " One man comcnitteth sin, and thoueande feel the evil effects thereof." " Temperance Prize Tales. Two prizes, one of $5O, and another of $25, were offered laat tall by the publisher. of the New England Washingtonion for the two best Tales illustrating the nature and effects of the Washing tonian Reform. Of these prizes, the first has been awarded to Mrs. Mary Livermore of Fall River, and the second to Harriette M. Carlton of Dorchester. Mrs. Livermore's tale, the ~ T rials of Charlotte Austin" appeared in the New England Washing tonian of last week. We extract a passage from it, promising that it is founded on facts,—it is the picture of a drunkard's wife: One wintry afternoon, when huge drifts of snow blocked up the narrow and irregular streets of the city, when the fitful wind which blew from all points of the compass dashed hither and thither through the keen air the broad snow-flakes, Mrs. Austin, scantily clad, and illy calculated to brave the raging tempest, left her home to seek one of the numerous seamen's clothing stores, called „ slop shops" which were scattered throughout Ann street and its vicin- ity. In her hand was a large bundle of work just completed by herself, George and Emma, and upon the payment which she was expecting for her labor, the family was depending for their evening meal.— During her absence, her husband ataggered home wards in a shocking state of inebriety, where Emma, and Charles the younger son, were endeavoring to amuse the infant Charlotte, not yet a year old, who, atwaya delicate, was now helpless as infancy itself, from a recent severe illness, and who lay in the cra dle, wailing her mother'. absence. As Mr. Austin approached the little one, and raised her in his arms with the natural kindness which not even intemper ance could banish from his nature, Emma, unaware of her father's deep intoxication, accustomed as she was to seeing him more or -loss so, constantly, and perceiving that the babe was quiet, ran down stain; to the almost empty wood-shed, where her brother George was seeking fuel to prepare their supper, and Charles followed after her. Mr. Austin moved towards the fire place, and endeavored to seat him self; but loseing his balance, he fell; and in falling, Many persona friendly to the permanency of the present protective system, and others, who, with out being committed to its support, desire informa tion its reference to its effects, have suggested the importance of procuring an exhibition of American Manufacturing and Mechanical products to be made at the seat of Government at as early a period, during the present Spring, as the opportunities for accomplishing such a project might allow. It is be lieved that an exhibition, embracing specimens of every kind of haniicraft or manufacturing skill em ployed in the nation, or at least all such specimens as mny be conveniently procured for the occasion, together with the prices at which they may be pur chased, and the names of those by whom they are fabricated, would embody, in nn impressive form, a mass of useful facts which could not fail to be ap preciated as they deserve by the public authorities upon whom rests the responsibility of sustaining the prosperity of the great interests connected with this subject; and that such facts collected from the daily transactions of the people, authenticated by the personal examinations of all who choose to in spect them, would furnish incontrovertible argu ments in favor of that industry which so greatly honors as well as enriches the mechanics of Amer ening throb, she fixed her eyes steadily upon her ica. the babe rolled from his arms, with his face down worthy, into the fiery bed of glowing coals that lay on the hearth-stone. The child was too much enfeebled by recent illness to extricate itself, the father so dreadfully intoxicated that some minutes elapsed before he was frilly aware of its condition, or could recover his feet; its cotton garments were then blazing, its tender face, neck and bosom were hissing on the hot coals, and its effort. to shriek were only convulsive and agonized gasps. Ono glance at his infant's excruciating situation, drove the fumes of intoxication from his brain ; clearness came to his head, steadiness to his hand, and with the quickness of lightning he drew the burning babe from the flames, dashed over it a reti tlel of water, and was tasting to the door for assis tance, when the fleet and anxious footsteps of his wife sounded on the stairs, and whiter than the sheeted dead, his tongue rigid wills horror, with the reeking, blistered, blackened, form of his babe in his arms, he stood face to face with its mother. Oh, God ! who can tell the unspoken agony of the momont! paralyzed, rooted to the floor as if transformed to stone, with parted lips from whenco issned no sound, her heart booting loud and heavily so that she almost reeled from the force of its eick- husband for a moment, as if to read the whole tale, and then prompted by the instincts of her maternal heart, she threw oft her trance of horror, and flew to seek relief. But the poor little innocent had inhaled the scorch ing gas of its fiery billow, and the severest of its burns, terrible as they were externally, could neither be seen or reached. The small veins of its neck were tense and knotted under the quivering flesh, its every breath caused convulsive throw, and roll ing upwards its sightless eyes, spasmodically clench ing its feeble hands, its delicate sinews tightened with agony, the half-released soul that hung quiv. erMg on its lips, was speedily freed. It was months ere Charlotte Austin could throw off from her spirit the horrible torpor which settled upon her, after the agonizing death of her delicate babe. It seemed as if paleness would never more leave her check, as if her eye would never more burn ',tenthly, or her voice be cleared of its huski ness, as if she had forgotten even to smile or con verse, for eho moved about as if all but the animal machenism of her life were paralyzed. None knew the secret of the accident which had occurred save the parents, and the vague reply of Mrs. Austin, that "her babe fell in the fire during her absence," fastened upon her the charge of carelessness and neglect, both among her neighbors, end in the mul tiform accounts of the occurrence that found their way into the city. She never repelled the charge, but Christ-like, was content to bear the sins of him who had so cruelly wee aged her and hers, and to receive the odium will. hhe deserved. With the same meek, uncomplaining kindness, she continued to minister to his wants, tittering no words of berth !less, looking no rebuke save what was conveyed by the mournful gave of her eye. POTOMAC FISHKRIF.R.—We learn from the Port Tobacco Times, that the fisheries on the Potomac are doing a good business. They are catching from 30,000 to 40,000 herring at a dip, and also doing well in the shad line. Herring are selling at from $3 to $4 a thousand, and shad at from $6.25 to 56.50 a hundred. In the Quincy Market llouse, Boston, the gond sill of a butcher's stall brings $4,000. laclea CA re KILLED AT A, Men—That the whole of the kind are a very cowardly tribe, is only known to those tolerably well versed in zoology. To those who have considered how clear the destinction is between bravery and ferocity, and who, therefore, associate the idea of interpidity with the fell tiger, and the sanguinary panther and leopard, the propo sition will appear extravagant, nevertheless, it is true. Of all animals, the dog alone will attack a much superior enemy, and fight against any odds. The cat kind, even when hungry, never attack where they are not sure of posseesingsuperior force. A very singular incident of the cowardice of the , tribe occurred lately at London. At a place called Bank side, Westminster, on the margin of the Thames, a laboring man caught a large rat. Being fellow of an eccentric turn of mind, ho took into his bead that he could train the animal to fight its natural hunter, the cat ; and, to that end, fed it en tirely on young kittens, in order to give it confi dence,as well as a taste for its prey, and at the same time allowing it no liquid but milk, for the purpose of strengthening it. After he had thus dieted the rat far a fortnight, he proposed that it should fight as many cats as it could, at half-a-crown each, stip elating, in return, that the person whose cat might kill it, should be entitled to one guinea ; at four o'clock on that day a full grown cat was put to the rat in a vat, in which the rat had been previously fed, but the cat jumped out, and would not face the rat. No lees than fifteen cats, were, one after , ano ther, set on to combat this animal, of which eight ran away, and seven lay dead. A stxteerith was shamefully sat at it. This, being bolder and stron ger than the rest, and its poor antagonist being ex hausted with so many hard fought battles, had bet ter success than its fifteen predecessors, and killed the rat; not, however until a severe round of fighting. The National rain Circular of the Committee of Superintendence of the National Exhibition of American Man nfactures and products of illechanical Art, AT THE CITY OF WASHINGTON, IN MAT NEXT. A recommendation of a similar exhibition by the National Institute two years ago met with a high degree of favor from the public at that period ; and the success of such an effort now may, it is hoped, lead to its regular adoption hereafter, as a means of presenting at suitable intervals a visible demonstra- tion of the advance of the country in those arts upon which its prosperity so greatly depends. At a consultation recently held by many mem• bers of the present Congress---gentlemen of both political parties—the proposition of inviting such an exhibition as we have referred to was considered and adopted, as an enterprise of eminent utility at this time, and with a confidence that it would find a hearty assent from the friends of national industry throughout the whole Union. To give efficacy to this proposition they have nominated the under signed as a general committee of• superintendence, and have chargeed them with the duty of present. ing the subject to the country at large, of inviting the aid of the friends of national industry to the scheme, and of making such preparations as may be necessary to render the exhibition as full and as effective as the time allowed will permit. Thus summoned to this labor from a source so amply entitled to the respect and confidence of the nation, and fully concurring in the importance at tached to the subject, the undersigned have not hesitated to comply with the wishes of those by whom they have been put in requisition, and promptly to enter upon the duties consigned to them. In the performance of these duties they in voke the earnest co-operation of all who may have any thing to contribute to the proposed exhibition, hoping that this invitation will be answered in such a manner as shall enable the committee to present such a display of the work of our artisans as shall adequately attest the great skill and perfection to which our country has attained in manufacturing and mechanical art. The committee propose that the exhibition shall be opened at Washington on the 20th day of May next, previous to which data ample provision will be made for the reception, security, and euitablo disposition of all specimens which may be sent to their care. They invite the transmission of specimens of to, ?Literature, Igor/WM arto, *drum, agriculture, anttuiemen t, Sze., ISzt. ,„ a 325 E1 0 aE/DiCICEI. every kind of manufacture and handicraft known to the artisans of the United States, and desire that the price, as well as the maker's name, be furnished vrtth each article intended for exhibition. Com mittees will be apointed for the superintendence and arrangement and preservation of all parcels sent to the exhibition rooms. The rooms will be ready to receive articles for exhibition from and after the let day of May.— The exhibition will be kept open not less titan two week.. Owners of parcels exhibited during the exhibi tion will, unless directions to the contrary he given, be expected to allow the-sale of ouch parcels at the prices marked, to be delivered at the close of tho exhibition. All goods intended for the exhibition can be di rected to Mr. David A. Hall, secretary of the com mittee, who will see to their safekeeping, and at tend to their being repacked after the close of the exhibition. In case of a sale of them, the money will be duly transmitted. As there will be many goods undisposed of which the proprietors may not desire to have sold for their benefit, the committee will cause a vale at auction of such articles as the owners may desire to have so disposed of. Motive power will be furnished at the exhibition rooms for such machinery se may require it. As the committee can only give this general in vitation to the manufacturers and artisans of the country, each ono will be pleased to consider it ad dressed to himself individually. Editors of papers throughout the country friendly to tho object are respectfully requested to giro this circular a few inscrtions. WILLIAM W. SEATON, Washington. THOMAS P. JONES, do. JOHN W. MAURY, Jo. DAVID A. HALL, do. W. A. BRADLEY, do. R. C. WEIGHTMAN, do. THOMAS BLAG DEN, do. WILLIAM EASBY, do. JOHN F. CALLAN, do. JAMES LYONS, Richmond, Virginia. J. P. KENNEDY, Baltimoro, Maryland, JOHN WETHRRED, do. do. 0. C. TIFFANY, do. do. March 26, 1846. 70:F.1.11GV: 1171770. FIVE DAYS LATER FROM EUROPE-AR RIVAL OF THE PILOT BOAT ROMER, AND PACKET SHIP QUEEN OF THE WEST. By the arrival at New York, on Saturday morn ing, of the Pilot Boat Romer, and the packet ship Queer of the West, London papers to the 11th ult., and Liverpool to the 12th, have been received.— We are indebted to the New York Sun, the Tri hune, and the Herald, for the following intelligence: The corn markets aro active and improving. There aro to he great reductions its the Russian Tariff: It is said that the French funds had declined. The English government were active in sending out re-inforcements to India. Free trade Associations have been formed at Paris, Lyons, Bordeaux, and other places in France, on the principle of the English Anti•Corn-Law League. The number of seamen required by the English Navy estimates, is 27,500; boys, 2,000; mariners Jog, 5,500 ; ashore, s,ooo—total, 40,000. It is said that the artillery, turned with such fatal effect against the British troops in India, was pur chased in England about five years ago, by General Ventura, for the late Rajah Runjcet Singh. A deduction equivalent to 2a fid per ton, has been made in the charges for stowage of British ships, at St. Petersburg. Commercial treaties have been entered into be tween Naples, Sweden, Norway, and Sardinia. The Dublin Evening Packet says, that at a late meeting of the members of the 'B2 club, Mr. Bar rett, proprietor of the Pilot, (Mr. O'Connell'. organ) was proposed as a member of committee, and was blackballed. On the 2nd of March a tremendous hurricane burst upon Glasgow, Scotland, and continued to the 3d. Ono large stone dare and several houses were blown down, several unroofed, and many chimneys demolished. The shipping in the port suffered considerably. Letters have been received in Cork, intimating that government are about forming naval depots for coal and other stores in Cove and in the Shannon. One of the Liverpool papers says :—From the Queen of the West, New York packet ship, con signed to Fielden, Brothers & Co., there were this week landed and weighed in thirty-seven-and-a half hours, 8,070 packages, weighing 1,400 tone. A commercial and navigation treaty, upon a per fect system of reciprocity, has been entered into be tween Russia and Sardinia. All differential duties upon both sides are done away with. We have received advicca from Paris to the 6th ult., inclusive. Tho steamer Charlemagne, which reached Mat , mines on the evening of the 2d inst., brings news from Algeria to the 28th ultimo. The cavalry, NO strong, under the orders of General Yuauhhad encamped between Blidah and Joinville. Blidah had been strengthened by the arrival of 200 troops l of the line. At Denys, on the 26th, all was per fectly tranquil. Three hundred infantry and two hundred tirailkurs left Bone on the 21st, under tho command of M. do Chambriero, for the camp at Bottum Cotton had advanced one eighth—Flour one shilling—Wheat one to two pence per seventy pounds higher. Parliament is engaged on a Coercion Bill for Ireland. The Liverpool Courier, of the 1I th says, the etato of that country justifiee any effort for its amelioration, but thinks the Earl St. Germain's bill be a dead letter. The attention of Parliament has not been for merly directed to the state of the Oregon relations. The despatch°s pent over by our Express beat, Ro mer, had been laid before the ministry, but no time elapsed to show their effect. The Liverpool Courier, of March 11, says:— The Oregon question has now been advanced be yond the superior right of Great Britain or the U. States to the territory in dispute. All arguments on title are idle in the face of the resolutions recent ly passed, by a majority of three to one, in the House of Representatives, and the emphatic declar ation of President Polk, that he will not abate one jot of the American claim to " the whole Oregon: , Mr. Pakenham hue done all that is possible to effect an amicable adjustment of the dispnle. He pro posed a reference to the arbitration of some friendly power ; or, if more agreeable to the United States, toa mixed commission of the most eminent civilians and jurists of the time. To these proposals, either of which would bo instantly accepted, under sim ilar circumstance., by any of the great powers of Europe, the American Minister returned a fiat re fusal. This, if it be adhered to, certainly phut,' the door against all farther negotiation; but the in -1 terests of Great Britain and America aro so closely united, and both countries are so deeply engaged in commercial operations, that we have little doubt but that long before the time for the expiration of the notice respecting the termination of the joint occupancy arrives, wiser councils will have gained the ascendency. The London Standard, of March 10, says:—lt is exceedingly difficult to arrive at any definite con clusion as to the real strength of parties on the Or egon and Tariff questions, from the speculations of the American editor.. It is more than doubtful, however, if the free trade measures of the English Ministers will have the effect in softening down as perities, and rendering the Americans more tractable in the settlement of the Oregon dispute, which we have occasion to know has been all along confi dently anticipated by their supporters here; for every concession that has been made, seems to be attributed to fear, and not to a sense of justice and an ardent desire to avoid a rupture and the conse quent horrors of war. As far as any conclusion can he drawn both from the papers and the private letters, the American taria question will be argued and decided by the real or imaginary domestic in terests alone, and not with reference to those of foreign state., either in a commercial or political point of view. The London Times of March 9, (Recourses on the Oregon question in thie wise !—ln the way of concession and of argument little now remains to be said or done by the British Government. The strongest desire has been repeatedly expressed on our side to terminate this controversy. Our case has been stated with such moderation, and our claims confined to such narrow limits, that nothing but extreme presumption, or rather a species of hos tile infatuation, on the part of the American Dem ocrats, could lead them to suppose see should make 1 any farther abatement of our r;ghts. We aro in actual possession of rather more of the Oregon territory then we have ever claimed aa our own, because as long as the joint occupation lasts the concurrent rights of both putties extend over the whole country. We have at our disposal ample means of defending our rights. We had never, at any period in the history of this country, lees reason to recoil from a war, or to fear the result of a contest with any power, but more especially with the United States. Yet we, on our side, have atrenuously and sincerely labored to effect a corn- promi.e. We have not alluded to the superiority of our i maratimo strength; from a misplaced respect for the American Government, no use has been made I of those blunt arguments to which alone they now appear accessible ; until at length wo learn, with more contempt than surprise, that Mr. Polk and his advisors are embarking in a course which eon only lead, if they am allowed to persevere in it, to aggressive hostilities. We know not what course Mr. Polk may intend to pursue after the notice for the abrogation of the treaty of joint occupation has been duly given; and wo shall await with more curiosity then alarm the enterprises which may be projected for the pur pose of expelling British auNeets front a district of which we happen to command the coast and tho in terior, the Indians and the forts. The world is per fectly aware that England is not the attacking par ty, and that we aro content to leave matters in Or egon as they now arc. If the Americans mean anything, they mean to dispossess us of what we hold. At the same time, if this intention be avowed by the Cabinet at Wash ington, or if it be disclosed by votes of money and warlike preparations whioh imply a fixed deterini nation to engage in this absurd and flagitious con test, no state is hound to matt to be attacked. Mr. Polk has already instructed the American Minister in London to ask for an explanation of the activity in our dock-yards. %V",rnaCfDaClD c &._)CE34I. Jibs own conscience might have given it to him ; his own language has put us upon the defensive ; and although the termination of the convention of 1827 by notice, is no revue belli, yet the disposition indicated by that notice, and the means winch may be taken to carry that disposition into effect, may hereafter furnish ample ground of suspicion, of re monstrance. and finally of hostilities. A bold and manly course on the pail of the British Govern ment will probably not be without a good effect in the United States ; and it will undoubtedly com mand the unanimous support of the people of England. We aro informed by the prodigious volume of American statistics recently prepared for both Houses of Parliament by the diligence of Mr. Macgregor, that the standing army of the United States con sists of ono regiment of dragoons, one regiment of rellemen, four companies of artillery, and eight re giments of infantry. The whole number of troops now in the service is 9,847, exclusive of 781 com missioned officers. An act of Congress of 1842 reduced the rank and file of the army 3,920 men, this reduction is now proceeding, and when it is completed the standing army will consist of 7,590 non-commissioned officers, musicians, artificers, and privates. It is true, that if this corps should appear rather small for the defence of the United States, and the invasion of a region situated 2,000 miles off, on tho other side of the American continent, the militia force of the United States might by its nuni hers at least, have excited the envy of Xerxes or Bonaparte. The Army Register for 1843, contains the appalling anouncement that this multitudinous host is commanded by 627 generals, 2,670 general staff officers, 13,813 field officers, 44,038 company officers, being in all 62,205 officers: nor are these numbers at all extensive, when wo learn that the forces under their command consist of 1,385,645 men! For the purpose of defence against a for eign invasion we have no doubt that these American citizens would exert themselves creditably. A con siderable number of the young men may even yel -1 unteer to take a part in offensive operations. But wo have no hesitation in saying, that to bring an lefficient army of even 30,000 men into the field, I prepared to march beyond their own frontiers, is the most arduous task which has over devolved upon the Federal Government of the United States, and with its present power and resources we believe it to be absolutely impracticable. The London Times makes another great mistake in tho following paragraph:—No estimate can be formed of the real strength of the crows of the American navy, because it is well known that a considerable portion of this fleet is manned by Ifn i fish seamen, who aro attracted by the high pay of I the American navy in timo of peace. But that I very circumstance shows the extreme difficulty of manning an American fleet in war, and especially in a war with England. The ships are, in fact, worked to a great extent. by English mercenaries, a ' large proportion of whomwould unquestionably re turn to their own colors, on the outbreak of hos tilities. The Liverpool Times of March 10, concluding a long article on Oregon, says :—The sole choice left to the British Government, if the Senate should concur with the House of Representatives, will he betweenisubmission during the next twelve months to worse terms than those which it has already re fused—submission, at the end of twelve months, to all the claims of the United States—or armed re sistance. We tear, then, that there is now little hope that the peace between the two countries will be preserved. • • rs • • • What course the British Government will take, now that orbit! ation has been refused, and that negotia tion has failed, remains to Ire seen. It will proba bly watt until the American Government gives it formal notice of its intention to seize on the whole of the Gregon Territory. That notice being given will produce an ultimatum, in which the claims of England will again be asserted, and some fair me thod of settling the question of right will be again proposed; end if that be refused, nothing remains but WAR ! Wo extract the following from the Liverpool Al bion;—The resolutions passed on the 9th of Feb ruary by the American House of Representatives, excited as much interest as might be expected front any indication of coming events upon which so much of fortune and property are staked. In the present state of our commercial relations with the United States, the breaking out of war would pro duce a perfect elms in the mercantile world. No doubt, a certain number of persons, who happen to he holders of cotton, at the present low priees,would reap consideralle profits front the rise, but, to the majority of the vast masses whose interests are bound up in the American trade, ruin and destruc tion would be the result. Under these circonistan ; steno. it is not wonderful that every leather which flies with the wind is watched with intense anxiety. NAVAL, PREPARATiONS.—The extraordi nary activity which prevails in all the dock yards, , in overhauling and bringing forward frigates of the heaviest class, is very ominous, as these are pm chatty the vessels which will be required in a war Iwith America. In addition to the 44 and 50-ann frigates already in commission, the fallowing sessels of the 681111 C class are either preparing for commis /don or are undergoing careful examination. viz ;-- the Gloucester, a razeed to a 511 gun frigate; the Raleigh, 50; the Southampton. 00 ; the Isis, 44 ; the Cornwall, 50 ; the Conquest ; odor, 50 ; the Horatio, 44 ; the Constance, 59; the Portland, 50; the Java, 50; and the A lfred, Mt.-- There are already at sea the following vessels of this I class, the Grampus, 50; the Eagle, 50; the Mc. lamptis, 44; the Vindictive, 50; the Warspite, 60 ; the Vernon, 50 ; the Endymion, 44 ; the President. 50 ; the Winchester, 50 ; and the America, 50.-- 1 Liverpool Times. Not loss than fifteen iron steam vessels are in course of construction in the port of Liverpool.— Ttvo, of 100 tone each, were recently launched from the some yard on the same clay. The first iron steamer, built in the Mersey in 18 . ..;9, is said to he still in Bound and serviceable; condition,