FOREIGN NEws.MR ocoNNELL..
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sailed the Cotton market was depressed, anu one
of the chief causes of this depression is said to be
the "railway madness" which seems to absorb
every thing else This rail road mania increases,
and speculations in shares goes bravely on. The
world has never witnessed, says Wilmer & Smiths
Times, any thing so reckless and barcfaced as the
system of swindlng and roguery on the one hand,
and the imbecile gulbity on the other, that stare
one in the face at every turn. Where 1t will end
no ono can predict 1t must, it seems to us, have
some effect on business this side the Atlantic


1t is said, on good authority, that Wellington
and Peel have disagreed in regard to Ireland
the former recommending the sword, and the lat
ter conciliation-and that both of them have ten
dercd to her Majesty their designations, which she
peremptoriIy refused to accept h


On theN29th September Mr.. o. ConnclI made
great speech on Slavery, America, and Repeal
He alluded TO the charge that his course in regard
to slavery had injured the cause of Repeal in
America and attempted reply. We say he at
tempted a reply, for he did not meet the question
nor has he ever met it. He indulged in the usual
defamation that he was friend to universal lib
ertv, that his sympathi"s went beyond his own
country, and that he wished to see the fetters
knocked off the slave by moral power. The
following is portion of his argument on this
point:


at has been said what business has O'Con.
nell in interfering with American slavery2 Why,
do not the Americans show US their sympathy for
our struggles2 and why should we not show
sympathy IN efforts for liberty amongst themselves?
But confess that have another strong reason for
desiring to abolish slavery in America In no
monarchy on the face ofthe earth, is there such a
thing as domestic slavery. IT'S truc in some
colonies belonging to monaIchies slavery exists !;
but in no European country is there slavery at
ALL for the Russian scrf is far different from the
slave Of America, and, therefore, do not wish
that any lover of liberty should be able to draw
contrast between the democratic republics OF Amer
ca and the despotic states of Europe. l am in
favor of the democratic spirit, and wish to re-
leve it from the horror of slavery. [ do not wish
TO visit America with force and violence. would
be the last man in the world to consent to it. L
would not be for making war to free the negroes
at least not the of strife and lash and sword ;
but would be for the moral warfare. l would
be for the arms of argument and humanity to pro-
cure the extinction of tyranny, and TO hurl con-
tempt and Indignation on those who call them
selves freencn. and yet keep others in slavery. l
would bring elements of that kind to bear upon
the system, until the very name Of slavery should
be regarded with horror in the republic of Amer
ica."


Has Mr. O'Connell forgotten the condition of
Irishmcn in Ircland-the bravest, as they deserve
to be the frecst people upon earth2 Are his eyes
closed TO the spccaclcs of woe and agony all about
him? Docs he talk of slavery in America, when
tyranny comes up 10 his very hcarth-stone, and in
his own home lays its strong arm upon him
takes from his poor countrymen their last penny
to pamper LIoated oligarchy and rotten Church
establishment Much would we give for his mo-
raj power as an agent TO give Ireland freedom
Loudly would we praise him for what draws no
blood from Eng gland-gives no Parliament to his
country-drives no tithc-gathercr nor nsolent SOL
dicr from "Green Erin of the streams! Ireland
is in The dust, but no lifts her up! She is a
Province, and yet no sword vindicates her claims
to nationality. Eight millions of her people are
in darkness and tears, and yet moral power, and
not the strong Of her sons, is TO send her out
into the sunshine of liberty and Joy. Vain expec-
! tation If she would have her Purliamcnt-or
what is better, her freedom-shc must fight for it.


At the close Of his speech Mr.. OConncll al
| Iudcd to an article irf the New Orleans Jefferson
ian Republican, to show the cruel treatment Of
slaves in New Orleans, and dwelt at some length
on the horrid practice" of sending the slave to
public officer to be whipped. Upon this point he
evinccs his ignorance, Ito use no harsher term(
as he docs generally concerning America. We
have before US some extracts from Travels in
North America" by Charles Lyell, an English
man-good authority for Mr.. O'Connell, and we
| have no doubt he has seen the work We extract
as follows: ~-z


rT'he negroes, so far as have yet seen them,
whether in domestic service or on the farms, ap-
pear very cheerful and free from care, better fed
than large part of the laboring class of Europe
and, though meanly dressed, and often in patched
garments, never scanty clothed for the climate.
We asked woman in Georgia, whether she was
the slave of u family of our acquaintance. She
replied, merrily, Yes, 1 belong to them, and
they belong TO me.' She was, in fact, born and
brought up on the estate.


I" On another occasion we were proceeding in
a wellappontcd carriage with a planter, when
we came unexpectedly 10 dead halt. Inquiring
the cause, the black coachman said he had drop
ped one Of his white gloves on the road, and must
drive back and try to find it Ele could not re-
collect within mile where he had last seen it {:
we demonstrated, but in vain. As time pressrd,
f the master in despair, took off his own gloves,
and saying he had a second pair, gave them TO
him. When chario!ccr had deliberately put
} them on, we started again." -sTt


s.'Thc moro I reflect on the condition of the