NEW YORK HERALD.

New York, Tuesday, October ,eI, ls4o.

Supplement 10 tiAe Herald
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We are again compelled TO issue supplement tc
the AraM Il is served this morning TO our city
subscribers. Advertisements crowd in upon US SC
rapidly at we may have to publish supplementary
sheet three or four times week.


4 Tha rote Foreign News-The New Era oi
| sn.culation In Great Britain and the UNI
| ted states.


! The intelligence brought from Europe by the
"Hlbernia" at Boston, although presenting points
of startling interest IN aspoitical point OF view, is
very important and significant in remarkable de-
gree of the commencement and progress of what
may with strict proprety be denomlnated new,
great and eventful era in commercial affairs specu-
latye operations, and financial movements-t those
mighty elements which, in this latter day, sway to
such an extent the fate and destinies of the civilized
world.


The railroad mania still RACES in England with
undated violence. A vast number Of companies
have been formed-the whole United Kingdom is
bsected and traversed in every direction by railroad
lines that are "to be'-and all classes Of the commu
nifty are rushing with indescribable mpetuosity into
speculation in railroad stock The fact is, at Pc
riod in that strange era Of speculation which was
followed in this countryby such wide spread devas-
taton and ruin, there exhibited such reckless
and maddened eagerness to risk fortune and every
thing on the hazard OF joint stock company, or
railroad shares. The London newspapers are filled
with the advertisements of those railroad compa-
MES One of them comprises in one edition, no
fewer than one hundred and twenty columns
almost wholly engrossed by such announce
ments A glance at the lists Of directors
and committees discovers the extent TO which
this speculative mania has spread. Bankers, NOR
chants, physicians, lawyers, clergymen, army and
naval officers, shopkeepers, small annuitants-all
classes figure in the movement. The lawyers have
thus far had the lions share, and, in the long rum
they are likely to come out by far the the most for
tunate and successful operators A terrible revu
sion is assuredly ahead.


Thus, on the other side Of the water, the great
speculative movement Of the age goes on-llke the
surge on the beach at Rockaway, now advancing,
now receding-one instant rushing in thunder on
the shore, and then retreating with such rapidity
and force, as If the depths fold ocean about to
be revealed, and left disclosed and dry for ever
Here, IN the United States, we can descry the same
tokens Of the rapid approach Of the great specu
lative movement. The banks are increasing their
discounts and their circulation in ratio quite un-
unparalleled. In all the great citles-New York,
Boston, Philadelphia, Baltimore and New Orleans
we can discover symptoms of the coming era o
speculation, which will far exceed any thing thai
we have yet seen.


| The INDUSTRIAL CoNGREss.-Ths body OF sub
lime Solons adourns sine die sometime between
sunrise and sunset this day 1t has turned out an
exceedingly flat and stupid affair-not half funny
as the Worlds Convention And yet these egotis-
tca, silly, and ranting philosophers have the power
of doing much mischief in society. The common
sense of the people, is however, awakening to a
sense of the danger of permitting these wicked
fanatics to play their antics with impunity The
condemnation of the misguided wretches at Delhi
has opened the eyes Of ALL to the enormity and dan
ger OF the agtatons and incendiary publications and
addresses, of such "reformers" as made up the
farcical industrial Congress"


Our FOREIGN CoRREsroNpENcE--We have now
completed to an extent altogether unrivaled, the
arrangements Tor our foreign correspondence Our
regular correspondent at Paris has unusual facilities
| for obtaining information of the most interesting
and valuable character, AS may be perceived from
his letter in this days paper. We give, also, an i'm
portant letter from Malaga, and from correspon-
dent there we expect to receive, in his next commu-
nication, interesting particulars relative to the re-
ception of our consul at Tangiers, Mr. Carr. That
gentleman, last accounts, at Gibraltar, wait
ing for the vessel which was to convey him to his
destination. The statements about the refusal Of
of the Emperor of Morocco to ackno wledge him,
are altogether gratuitous.


BEAUTIFUL RUN.-The passengers by the "Hi-
bernia," with the express mail, &c., run by order
OF the Post Office Department, came from Boston
on Sunday evening, via the Long Island railroad.


The night being fine, with a clear track, the run
was made at the rate OF 40 miles per hour for the
whole distance making the running time two hours
and twenty one minutes.


The Long Island, " e believe, is the only road in
this country which has attained this speed, with
passenger train.


Nor TO BE BEATEN.-The packet ship Yorkshire,
Captain Bailey was going into Liverpool on the 4th
instant She left this port on the 10th ultimo, day
after the new steamer Massachusetts, and reached
Liverpool day after the M. arrived. 1t will be re.
collected that Captain b., when in the Or.
pheus, once crossed the Atlantic quicker than the
Great Western, having arrived OIL Cork IN twelve
and half days from this port


The MEMPHIS CONVENTION The first steps have





been taken towards the organization of the Mem.
phis Convention. 1t will be the nucleus OF a pow.
erul movement for the next Presidency John c.
Calhoun, and other distinguished men, are mem.
bers Of it, Ostensiby, its objects are the promotion
Of great works Of internal improvement in the
South and West But it must inevitably have a po-
litlcal tende ncy and bearing.


HEALTH OF THE CITY.-New York continues
healthy There wele only one hundred and seventy
two deaths last week. in population Of four hun.
dred thousand.


Theatrfcals.


FIRST CoScERr OF LEOPOLD DE MrrER.-Great as we re
the expecations which ames thous tongued trun.
pet had made the public entertain Of the marvellous
powers of the lionpsnist he is universally styled in
Europe, they were ten, nay hundred times
last evening II Is as impossible to find words that
would give faint description only Of his eats 1--WE sim
