7 JANUARY 1860, Page 2

The great meeting in New York will no doubt have

a con- siderable effect throughout the Union. It is the intervention of national feeling to repress the two extreme parties which have threatened to rend the Republic in twain. The party represented by Governor Wise of Virginia having foolishly endeavoured to identify the North with the insane enterprise of John Brown and the Abolitionists still madly endeavouring to force theie prinoiple,s upon the Southern States, the citizens of the Em- pire City came forward to reassert, in the most solemn man- per, , the principles of neutrality and. compromise upon which the Olio itself was founded. The demonstation is an evident* hat the national party is not prepared to surrender the unity of the federation at the dictate of impulsive minorities.