It has long been a question most difficult of decision whether, leaving morality entirely out of sight, the watering-places of Germany are benefited or injured by the continuance of gambling. We are inclined to the latter opinion; for, though it may be said that it brings a deal of money into circulation, yet your true gambler is a most unsocial and inhospitable fellow, and one of the worst visitors an hotel-keeper can have. Besides encouraging, as they do, all the riffraff of Europe to pay periodical visits to Germany, they thereby prevent many respectable persons from settling in that country; for any wife or mother who has the interests of her family at heart, would fly from a place where gambling is allowed, as from a pest-house. At the same time, a very lax tone prevails in these towns, and every finer feeling is blunted--in many cases irreparably--by constant association with hard-hearted, callous, and unscrupulous gamblers. That this was a view taken by the more enlightened of the Germans, is proved by the fact that the parliament of Frankfort decided on the abolition of all gambling-houses by a considerable majority, but unfortunately there was no time to carry such a salutary measure into effect. Had it been otherwise, the Regents in all probability would, through very shame, have hesitated in giving their assent to the re-establishment of such a crying evil. From Fraser's Magazine. AN ELECTION ROW IN NEW-YORK. BY C. ASTOR BRISTED. An election in England is a very exciting affair; in America, from its frequency, it becomes a mere matter of every-day business. Almost every citizen has the opportunity of voting twice a year, and elections are continually going on in some part or other of the country, so that they form a standard topic of conversation, much as the weather does in England. No wonder, then, that they usually fail to awaken any great or general interest.