NEW YORK HERALD.

Our Foreign Relations.
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in NE recent news from Europe. Private letters and
pu5Iio journals al concur in representing mena-
cag condition o. things IN England, which indicates
some grand demonstration, that nay come upon US
unawares.


This fearful crisis, indicated BY the recent news,
springs from the annexation Of Texas. the claim OF
tie whole Oregon Territory, and our future move
men,s il relalionto California, and the general ex-
tension Of the Republic. The British Cabinet is
alarmed, and i making tremendous military and
naval Frepsyations-coectng AL her energies, in
order q in,imdaie this country, for the purpose OF
restraining our destiny, and preventing lis domin-
ion and progress upon this continent.


ID order thai our readers may see that we do not
exlqgeate This subject, Or place this important mat
ter IL too VIVID light we may refer TO the cores
nondence ard intelligence which have been re-
ceived by the whole newspaper press Of this city,
within Tie last few days. We will confine our
selves 10 the two following extracts The one a let
tertrom London, published IN the Co,afsr and En-
qDgrer-;hs other verbal communication from an
intelligent merchant, given in the Journal of Com
aeree.


From the correspondence Of the Courier and Enqnirer


LosDoN l7th November, ls4s


Never since the time OF Napoleon have such Immense
-sucn extraordinary military and naval preparations
been making in This c6unty 81 the present time aud
for many months past Fully SIX months ago my
e0ipn first attracted 10 this subject The activity pre-
yafng Depti0rd, Woolwich (particularly for guns
and steamers at this vast estahshment) Sheeraess,
Chatham Portsmouth, Plymouth, and Pembroke, is real.
N wonderful Not only in the Government dock wards
ae hips and steamers being prepared with the utmost
expeduon but also in private ship building yards
iron war steamers being constructed not only the
Thames, but also al Liverpool and Glasgow. From my
enquiries have every 10 believe these
nary warke preparations made in reference to
country. The people and governme excessively
jealous at the high tone and successful termination OF
me Texas annexation, and exceedingly angry at
Haut. IT,
gutai ssh OF March addres Nothing reused and
united all classes Of people in this country much
what was then said by Chief Magistrates and if he
dulges the strnn the opening of Congress on
the iss December next fear immediate will be the
result and the war steamers preparing with such
snersy aud promPttude will make dash upon Portlsnd
Portsmouth Boston, New York Philadelphia Baltimore
-naslsston 81 simuitaneousy without giving Us time
ioPrepare am resist this sudden incursion hope most
sincerely you v i'll not be tasen unawares But trust
ooth Governments will act IN such way as 10
The blessings OF peace Tor nothing be utterly sb
sud insane and in ell points OF view nexpedient
war between or two countries Yours, &C


CFrom the Journal Of Commerce


EURosE.-- We havs conyerssd with an intelligent
merchan q this city, who has been spending the last
eight months IN Europe. and had opportunities of
ohsr gentlemen OF the highest intelligence in England
aud or ne Continent The railroad mania which rsged
raj disirust the solvency o. dealers almost
ry body rad dHbbsd in ne stocks The very high price
Of money over Europe had in some degree suhsided,
and the ises decoed t three nd nall 20 I'VE per cent
nyear. The Bank 81 Englend had put up its rate to
tuTee ana A9I cent ana W5ull probably on 10
four per cent more or tie sake Of counteracung the
railroad mania than ony thIng else


The crop "a wheat ~ England spoken Of as fair,
though rather poor IN quality the small grdins ahun
liant and poistoes bad Money "a mad spprehsE.
sion about any arrangement il money matters growing
ont q the imp riticn ot grain


Trade was everywhere IA good condition, excepting
ony .le want 81 confdsnce growing out Of railroad
speeuiauoas Ope1savas everywhere were fully en-
Ploysd 2ale d 5000 barrels American Aour was made
u Liverpool, Noy l5th, a az 81 10 bond showing
chanse from ne previous steamer.


The excitement IN Lpgand w1G universal against tle
Unite states o. ire su1Je q Oregon. Inc govern.
cit wac making 'ha most vigorous Preparations FOR
and uuq lesonaoly Ii reference a0ue 10 the Ore
gon disputes with France and all The oil Eu
cope size Is without controversy on any subject Ave-
~ large nIact hsd heen msde among 81 er things
icr military clothing j. Canada. indeed i said
that the goverun deermined pon the neceEs
y 4 asiuing the difficulty without further de ay.


3snts message wa. read 81 board the rar,bria was
rnai would very mrch increase tue excitement in Eng
lind snd increase the difficulty uf al amcable settle


The exchanges we're universally IN favor of England
SO much = ia relation 70 France tha gold coming
over ireely.


The wirlke views and preparations spoken Of in
these aruces proceeding from respectable sources,
are confirmed By every other mode OF communica-
ton, and every otler means OF procuring correct
lntelgieence We have always believed that sooner
OF later great war would spring up between the
United States and England, ostensbly on some $50
lated question, but really and truly on the different
principles OF government and society, which are
represented BY those two countries The British
Government and people are the representatives the
bllwark and embodiment, Of the old condition Of
society and things in Europe. TIE United States
are on hs contrary, the representatives and organ
81 that mighty movement IN human society taking
place n both hemspheres and which is operating
fJr change n The aspect OF nations, and in the
history q the human race, tor ages to come The
conflict between these opposing powers must, sooner
Or later, come on, whether on the ocean or on land
That Il will come, Is certain as that the sun will
Use Tomorrow; and II may as well come next
week, or next month, next year, as next century


The annexation of Texas was the first great move
ment oi the American people to spread, in natural
way, their principles, policy and government upon
thls continent. This measure mas given the deepest
offence to the British and French Governments
But the position which the American Government
has assumed in relation TO the Oregon territory ia
another and more important movement az well a.
question Of territorial right; and as matter OF
principle and honor, is more 60 even than the an
nsxation o Texas II is also probable that the pre-
vaiing belief that the United States have been ne
gotatn for the possession Of California, is another
ITEM IL the catalogue Of offences which the ggan
to march Of this country has occasoned 10 Euro
pean monarchs and people.


Hence we may perceive that all the prsludces Of
past ages, all the recoectons ofthe antiguated day.
n Europe, are mixed up with the present excite
ment q ambition and passion in the united British
and French governments They took a serious
stand against the United States in relation 10 Texas
and now they VII assume a more serious one in
reference % Oregon and CalforRia-yet they do i
cautiously. There is, indeed. very li,tle ntmatior
10 the English journals 81 the probable destination
Of those fleets and armaments rprepsrnp IN tba
country for the purpose oil some wsrlike demonstra
ion. But this silence is as much indicative .
tAeir object If they spoke out. Everything tell
81 movement warIke in its character, which i
meant 70 be made against some nation Ii may be
few mouths