We are late in our comments on the riot of the 12th of July last in this city, occasioned by the Orange procession in commemoration of the Battle of the Boyne; but as what we have to say relates to general principles rather than to particular facts, our remarks will have suffered little from the delay, and will stand a chance of being more carefully read and duly weighed than if made at an earlier day. The tragic event is not likely to be soon forgotten. The secular press of the city have, as far as we have observed, with scarcely an exception, taken the ground that, however ill-advised might be the Orange procession, it was a right of the Orangemen, and the liberty of the citizen was infringed by the police order prohibiting it. The order was also an act of cowardice, as dictated by fear of a Catholic mob; and hence its revocation by the governor, and his excellency’s resolution to sustain the majesty of the law, and to protect the Orange procession by all the force, if necessary, at his command, was a firm and manly interference in behalf of liberty and law. The sectarian press of city and country see in the police order prohibiting the procession--dictated, it is assumed, by the Catholic clergy--only a proof of the hatred of the Catholic Church to liberty and republican institutions, and in the action of the governor, and the bravery of the military in firing on the crowd, and killing and wounding a large number of citizens, for the most part innocent, except of idle curiosity, an assurance much needed, that Protestants have as yet even in this country some rights which Catholics are bound and can be compelled to respect.