LATER FROM ENGLAND.
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NEW-YoRK, June 10. We had yesterday three arrivals with la- ter dates from England. The accounts we have received by these arrivals, are from London ofthe 6th, and Liverpool of the 9th of May, and it is with regret we add, their com pleXion as regards the state of the money market and trade, is extremely gloomy. The Bank of England, it tappears, has again been compelled to come forward to support one or more of the American Houses, in the expec- tation that remittances to them would be forthcoming from this country-an expecta- tion which we unfortunately know has been disappointed. It is useless to speculate upon the probable consequences. The East India and China Houses in London seem to labor under as serious endorsements as the A. merican, which must necessarily render the continued intervention of the Bank to uphold the tottering credit of both more dificult.- There is, however, one favorable circum- l stance, which is, that the value of gold is less on the continent of Europe than it is in Eng land. That institution need not therefore stop it's issues from an apprehension of a demand for specie, it however assuredly will not, we think, continue its assistance unless the gov ernment consent to hold it harmless, it can not indeed do it in justice to the proprietors of its stock.

 The Packet ship Oxford had arrived in Liverpool on the 6th May, but the intelligence she carried out had not yet reached London. Bills continue to return protested, which is no more than was anticipated.

 There is little else of paramount interest. The British legion in St. Sebastians has been reinforced by large body ofSpanish troops, and the whole under the command of the Spanish General Espartero, was on the point of moving forward to attack the Carlist army posted before that place. The combat it was believed would be very bloody.

 MT. Joseph Barber, editor of the New-Ha- ven Register, in his paper of June 3, says There have now been two experiments, and the question is which is the best. The one is a currency based on specie foundation, nd the other currency resting on total refusal of the Banks to pay specie for their bills.- Which is the better experiment? And after wards, in the same article, he says, of the two Experiments, almost every body will ad- init that the former was better than the pres ent; for under the former every one could get either specie or bills but under the preS- ent experiment it is difficult to get either.' As the former experiment was the Whig experiment., and the latter is universally known to have been forced upon the country by the Jackson policy, followed up and SUD- ported by the Van Burenites, we were sur prised to see such concession in that des- perate paper. And we cannot account for it now, except by the supposition, that the edit or has been suddenly and strangely seized with a paroxysm of honesty, and under the alarm which such an attack would naturally produce, made these extraordinary declara- tions, which, when he recovers his usual state of mind, and ascertains what he has been left to do, he will probably take back or deny. Haryord Courant.