Newspaper of The New York Herald, June 26, 1846, Page 2

Newspaper of The New York Herald dated June 26, 1846 Page 2
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NEW YORK HERALD. \ew York, frliUjr, J una W, IMA. Weekly Herald. This sheet will be ready to-morrow morning at eight o'clock?price six cents. It will contain the Intent news from all parts of the world ; editorial matter on the leading events of the day ; a capital portrait of General De Vega, which was drawn from a duguerretoype likeness taken in New Orleans; and an engraving repre senting a scene in the battle of Resaca de la Pal ma just before the capture of Vega. This is an interesting family newspaper, :ind is well oalculated to send to friends in the country. Movement* at WMhl ngton-^Prognd of Business. The session ol the Senate yesterday was consumed in introducing resolutions for an ad journment of Congress. The latter part of July appears to be about the time most of the inem* bers are in favor of, but the probability is that nn adjournment will take place nearer the latter part ofAugurt than July. At all evonts, the session will not teriniuate until after the arrival of the steamer leaving Liverpool on the 19th of July, as the Oregon treaty will be returned by that packet; and it may be necessary for Congress to be in session upon iu receipt, for the purpose of settling anything; necessary for the |>erl'ect establishment ol the terms of that instrument. It is also very probable-that both Houses of Con gress will require overy moment of the interim to perfect the important measures under considera tion, such as the taritl, the Independent Treasury and the Warehousing bills. We have before us at least two months more of this session, and there oau be nothing done of any consequence in commercial matters until alter that time has elapsed. Fortunately, it covers nearly the whole of the dull season, and the in jury will not, therefore, be so great as it otherwise would. The Oregon Treaty?Its Ratification In England. It gives us no little pleasure to state that the Oregon treaty, as made, signed, and ratified in Washington, went out yesterday in the Great Western, in charge of General Armstrong, our highly esteemed Consul for Liverpool. We un derstand that General A. is not only entrusted with the American despatches and the copy of the treaty, from the State Department, but he goes as bearer of important despatches from Mr. Pakenham to the English government. The treaty thus taken out will reach Liverpool about the 8th proximo, when General Armstrong will, of course, proceed immediately to London. It will unquestionably be at once ratified by Her Majesty's government,as its terms originated with them. In the event of its immediate ratification In London, the intelligence of the fact will come out in the steamer of the 19th proximo, and reach here about the 4th of August. It is very likely that Congress will remain in session till then, and the whole matter be closed up forever, to the satis faction of all lovers of peace and harmony. It is difficult to say when another question will arise to affect the ]>eace of the two countries. All we have to do is to keep in our proper path, do what is ri^ht, and to submit to nothing wrong, even if we do tako possession of California and North Mexico Government Finance*-Independent Trt??n- ; ry, and Treasury Notes. The jK)licy of the government issuing treasury \ notes for the full amount required to meet the f ordinary undextraordiqary expenditures, growing : out of the position of our affairs with Mexico, has : been pretty well discussed by the organs of both ! parties, and there appears to be very little opjiosi- ] tion to the measure. It would be much better to issue treasury notes , at a late ol interest, varying a little below the legal , standard, in denominations as low as fifties and as high as thousands, than to come into the market under existing circumstances for a large loan. Even in the event of a direct loan being deemed advisable, it would be better to issue a certain amount of treasury notes, for tho purj>oae of re lieving the money market, and to enable the gov ernment to make a more favorable loan than it otherwise could. These treasury notes would be came generally circulated through the country, and would be a valuable acquisition to the cur rency, without requiring tho withdrawal of a cor responding amount of specie, and without depre. ciating the value of the circulating medium. The issue of a large amount of treasury notes, in anticipation of the establishment of the inde pendent treasury system, would remove the fears of all those opposed to that bill, and bring that act into operation so gradually, as to prevent any of those contractions by the banks, predicted. ; We consider the disposal of the surplus revenue, or any important matter, and a large issue of treasury notes, particularly as the government must sooner or later adopt the Independent Trea sury system, and dissolve its connection with hanks, a movement equally desirable, nnd equally important. Whatever mny be the result of the efforts making to reduco the tariff, and whether the revenue of the present bill, or any one that may be adopted, will be above or below the amount required, for the annual expenses of the government, we want no accumulation in the treasury in any shape; and there is no way of preventing this, but by issuing notes payable on demand, which can at any time be presented for redemption. A surplus will in this way be out of the question, and the government will not be able to draw from the channels of trade, for any length of time, n dollar ?f specie. Thx Catholic CtraoY.?In another column will be found tho farewell address of the Rev. Joseph B. Burke, pastor of the Church of f?t. Co lumba in this city. Mr. Burke belongs to the same class of liberal and enlightened divines as Dr. Pise and Dr. Power, of this city. In conjunc tion with these gentlemen, Mr. Burke has done a great deal to elevate the Catholic religion in the United States, and to explain away the bitter ; prejudices and ill will which many clergy- i men of other persuasions have rtidcnvored to fasten 011 it. He has shown liberality, candor, | and earnestness in all his discourses; and in in-I vestimating the truth, never addressed the passions and prejudices of his hearers, but, on the con trary, endeavored to reach their understandings by calm, sober, and dispassionate logic. Mr. j Uurke'i loss will be severely felt by the Cathobo church, by his reverend coadjutors, and particu larly by the numerous congregation whose spi ritual comfort he has ministered to. Tkavsl to Euaora?The Great Western sailed ! yesterday with ninety passengers,according to the 1 published list; but it is not at all unlikely that sev- j eral arrived by the southern mail,and left immedi ately in the steam ship without entering their names at the agent's office in this oity. Natal.?The spiended sloop-of-war Albany will be launched from the Navy Yard, in Brook- i lyn, at 11 o'clock to-morrow. It will, probably, afford a magnificent sight to thousands. DnrATOHM raox tu Aa*Y ?The Charleston .Vases of the 22d inst. says s Lieut. Astatine, of the R. C. Service, besrer of des patches from the army st MaUmoree, arrived by the csis this afternoon. and left (or Washington City by the Wil mington boet. Miutast.?Yesterday was quite a day for mihUxy pe redes. Wo sew no less than three companion beside the City Onard They wars the Union Riflemen, the Wash ington sad tbe Montgomery Oaardi. They looked end nsrebed floely New York may * ?U proud of her ? oloeteer eompaaJes TIm Orowlag lafirUrr ot ow "Wmmimn We have lately received a letter written by M*. Uartoii, of Bullalo, and addressed to the Hon. Mr. McClelland, relative to the commerce of the great lake*. It is a very interesting document. It is probable that no part of the Uni ted State* commerce is so little understood by the people, and so ill provided for by our national Le gislature, as that carried on between the ports of our great western lakes. A commerce com menced but within a few years, but keeping pace with the roll of emigration, and the richly develo ping resources of the West, its rapid increase fmds no parallel in the history of trade. Prior to the year 1882, the whole business west of Detroit, was a scanty trade carried on with the Indians, and an occasional freighting up of provisions and sup plies, for the few troops stationed at the different American outposts on the north-western frontier ; but the breaking out of the war with Black Hawk, in 1832, first revealing the richness of the soil, and the salubrity of climate, in the hitherto almost unexplored regions of Illinois, Indiana, and Wis consin?gave start to the ever swelling tide of emi gration, which, filling our western prairies with a vigorous and enterpiising population, has given rise, in a short period, to an extent and value ol commercial interdealmg, almost incredible. In 1826, the waters of Lake Michigan, were, for the first time, ploughed by steam ; and then, not for the purpose* of commer^, but for the gratifica tion of a party of pleasure?and, until 1832, these excursions were annually repeated by two or three boats; but the neeessities of government, requiring additional aids, steamboats chartered lor the transportation of supplies and troops, first made their appearance at Chicago, then an open road-stead; ?nd now, through ithe negligence or false ecouomy of government, but very little bet tered by partially completed improvements. In 1*33, tin first association of companies, for the consolidation ol steamboat interests, was estab lished ; the capital employed in eleven steum boats, being about 8360,000. The trip from Buf falo to Chicago, at that time, occupied nearly a month?their amount of receipts for this season, amounted to about $4500. Omitting the interve ning years, we find that in 1M0, the number of steamboats on the lakes were 48, at a cost tor con struction of 92,200,000. The receipts were over $200,000 ; showing an increase in seven years, of 600 per cent in capital invested, and an increase in business of nearly 5000 per cent on the re ceipts. The number of sail vessels had risen from live or six schooners to, in the year 1840, 250 vessels ol from 30 to 360 tons. The capital employed, or rather Invested, in sail vessels, was about $1,260, 000, and doing a business ol $750,000. The pre vious statements are made, without reference to the business passing through the Welland Canal, and owned on either side of Lake Ontario. In 1845, thero were engaged in trade above the Nia gara Falls, 68 steamboats and propellers, and 320 brigs and schooners, costing in their construction nearly $5,000,000, and amounting in burthen to 76,000 tons. On Lake Ontario, there was employ ed a tonnage of 18,000 tons, and die cost of con struction $1,500,000. The extremely boisterous weather on the lakes has been exceedingly dis tructive to life and capital; for by wrecks and ves sels foundered at sea, there have been, within the last five years, -100 lives lost, and a capital ol more than one million ot dollars. In 1835, Ohio, then the only exerting State on these lakes, sent through the Erie Canal to tide water? Bblt. Buthrlt Pounit Barrett Barrtlt Poundt flour. uhrat. tfvti. jTorttiont. euhet. WML "86,2:13 'JM,071 *.565, 27* 6,562 4,410 149,911 In 1245, the exports of Ohio, and other States, by the same channel, were? Bblt. Buthcli Pounit Barrett Barrtlt Poundt , flour. wheat. t facet. proritioiH. athet. uio'l. 1,354,990 82,290,431 68,000 34.602 2.957,161 The great aggregate valuo of the commerce on these great lakes, for the year 1845, is estimated to be over $81,000,000, not including the immense sums of specie daily transported. This amount probably is far below the mark, as there is no ac count of the trade carried on between ports within the same districts, nor of the amount of sustenance lor the 80,000 inhabitants of Buffale, with all the seamen, boatmen, emigrants and travellers, of which no account is, or can be kept. The nunt- j berofpassongers last year who passed over the j upper lakes, during the same year, was upwards of 260,000; and what is, perhaps, quite as remark able as the unexampled increase of business, is, the fact,that during the time of twenty-eight years since the first steamboat appeared on Lake Erie, but one serious accident lias occurred from the bursting of boilers or steam pipes. ? The following tables shew the amount of pro perty received at, and shipped from, Buffalo, on the Eric Canal, in the years 1843, 1844 and 1845: Received at Berriuo. . 8hi?ed raoM Do. -Iggreg'e .Iggrrg't Aggrtg e Butinett Biitxnrti Bunnttl .IrticUt. 0/1844. ?/IMS- lfJ Vt* fc'nr M Peltry. ?!!? 144,097 361,44* 14,86* 14.872 B'd. fc Scut's, .ft 19,932,069 15,102,450 3,140,959 1,122,406 nft s!S* Hurt* lb. ?9.174,110 61,515,236 1J7.580 96,325 A.he. bblt 39.417 37,365 ? ~ Pork bbla **.*35 51,417 43 Beef. bbU 34.084 33,348 ? ? B*cou lb* 1,218,811 - . ? . ~ ChrcM lb! *,7i?.925 2.3M.IB7 7,258 4,709 Butttr lbs 3.397,#90 6,181,577 7,565 5,340 Urd lb. 2,812,441 - ,, ** ~ Wool lb. 3,441,317 2,613,148 "?'J' Hid*.... .... lb. 769.8M r6,329 Jt9.*7* ?*.?* Klour M>U 721,891 851.189 1.319 *?*? WK.M . . . bu.h 1.S44.99# 1.786,104 *71 H.#7* Rye . . . .*. ? bu?h 903 2.549 3 Com bu.h 33,094 114,519 ? ~ Other grain, .bo.h 9.049 .J'*3' n ill Br. k. 9. Stuff. bu.h 3,266 15.045 45.354 41,443 Pe.* k b*?n?.bu?h 1,587 9J7 W7 6 Potntoe... . . bu.h 3,155 102 1j706 30 Dried Krnit... lb* 7,837 193,V? ^'siu u?,349 210,152 i?:*4 61.01* rio.fcOraM.M.Ib. 2,487,339 3,248,188 11,558 6,879 .g-3 as us is KuJUnurV'.'.V.'lb. 14J4.76I 999.990 9.191.37* 8.838,948 BwkPi* Le?d,lb. 'S'lSf iissm Kl 880 f^n WwV.V. Ibi Kii% M&Z ?SB ^;r,,i0"bu.bh Ui- - 582 694 788,492 MrrcViandiM. .lb. 291,181 224,123 100,893,4* 99,679,709 11,964.950 9l'.,T85 ",131,457 *2,439.429 VlinrrM Coal lb. 1 961,950 l.t^l 1.2**.99l 1,171,061 8u?dn,',\ 6,844JW 6.798*7 6,176,*93 3,779,16* In reviewing the above statistics, we find that the capital invested in sail and steam vessels, and the value of property transported therein, is ap proaching near to one hundred millions annually; und yet this immense busiuess, nearly equalling the whole foreign export trade of the United States, seems but little to employ the attention ol Congress. By private expenditure alone, has the public comfert and safety l>een provided for, while the dilapidated unfinished harbors around Lake Erie afford but little protection to the great basiness doing there. Let Congress, then, while she provides liberally for the navy, seaport forti fications, break-water, light houses, fcc., paid for in part by the western States, for the good of ocean commerce, also use the constitutional power "to regulate trad# between the several States, and provide for the general welfare,' by making suitable appropriations for the improve ment of western harbors, and the advancement of lake commerce. Sporting 1*UUI|MM. Tm?TTiiro elt THK Csittmetillc Taaaa, L. I.. Tutn* dat?Thara ?h a Damerom tad rwipoouMa at tendance *t this fourae Teaterday. to witoesa the JoU lowing Batch for $1000, mil* h**ti. bwrt thrw in tr?, under tha aaddla t A- Couklinoame* eh K Hiram. H. Woodruff namaa Kg Gray Kagie Thii waa th? boat batting race that haa taken placa this itaaoa, and considerable sums ware pending on tha result Tha betting previous to tha atart waa 10 to 7 oa tha gray , afterward* a to 1 waa freely offered. with but few takers. 1 ha track waa la first rau order Hiram waa guided by Albart lonklin, and George Young, of ChiUdetphia, took chare* of tha gray. Hiram had tha pale, and alter some lira alternate want or with tha iaad, tha Orey wall op to him to tha half, but ia tha last quarter coming bam a, Hiram braka, aad tha Gray lad hosaa A? Tarda fa fruat, ia 9m. Ue. Tba Grey on tha inside took tha load far tha saaaad halt aad before they raacbad tha quarter, Hiram braka. Tha Gray than teak it aaav. and lad home mar ftv* ar ?ia length* iu front, in 9m. 3*4 ? The thirl boat ? aa wall coataated, but tha Legl* *?? It aad th* steka. by about a lauftfc li *?.19* Stats Contention.?Every good citizen of the I Empire3tate,mustbc gratified with the noble man- I ner in whioh the delegate* in the State conven tion arc performing the duties before them. Their proceeding*, thus far, will warrant us in saying that no public body that ever existed, displayed more devotedness and energy to their office than this body has since the session commenced. Every subject which the press has pointed out as needing reform, appears to occupy their atten tion; and gradually, but surely, resolutions of en quiry on the expediency of proposed changes, are offered and acted upon by the approbated com mittees. We hope that they w^UiJSntinue as they have begun. The proceedings on Wednesday last were of an important character, and have an interesting bearing on the welfare of this State. The stand ing committee " on the election or appointment of all officers other than legislative," kc. submit ted a report, and a proposed article in lieu of sec. j 6, art. 4 of the existing constitution. After providing for the election of the Comp troller, Treasurer, 4c., it contains the following section? iNo law thall be passed creatine or continuing any e, for the inspection of any article of merchandize, produce or manufacture, (except salt manufactured with* in this State,) and all eKitting Uw? authorizing or pro viding for tuch inspection, and the offices created there by, aro hereby abrogated. In all ages,and in all countries, since Adam was turned out of the Garden of Eden, the legislative branches of governments have been characterized by a propensity to intermeddle with the business and pursuits of the people. Thus we have sta tutes, regulating the rate of interest a man shall receive for the use of his money?statutes, prohi biting the sole of hops, Hour, salt, lime, lumber, provisions, fco. fcc., without being first inspected by an offioer of the government, under heavy penalties; and who, oftentimes, is very little ac quainted with his business. This is all wrong It creates trouble and annoyance, inflicts injury on the whole country, and clogs and embarrasses the wheels of trade and commerce; besides, en dangering the safety of our institutions, by fos teriiig and providing for a horde of office holders, who are ol no possible benefit. This intermeddling in the affairs of the people has been a serious incubus on the operations of trade in this State, and loud and deep are the murmurs that are daily raised against it I y men of business. It is considered unjust and unequal in its operations. For instance, a man cannot purchase a barrel of lime to manufacture into mortar, to cement the bricks of his kitchen chim ney, without that lime being inspected by an offi cer of the government, why should there net be an inspector of horses, an inspector of watches, boeks, bread, of a politician's character,and every thing else that men's wants require. If the princi ple's good in regard to one article, it is equally so in regard to all others, particularly the politician's morals. But there is no necessityfor any laws ofthe kind at all. The less confined and less encum bered the trades and pursuits of the people are, the better it is for trade. Trade will manage its own interests. The interest of money will be high or low, as it is scarce or plentiful. It will be the interest of all men in business to sell as good an article as they can; and he who vends a bad ar ticle will soon find his level. The universal in stinct of self interest, planted as it is in the breast of every man, will regulate these matters better than the Legislature can do it for him. We rejoice, therefore, to see steps taken in the convention to remedy these evils, and hope to see trade and commerce left as they should be, free as die wind. Honor to whom Honor is Dub.?The honor of having been the tutor or instructor of Gen. Taylor, j alias "Rough and Ready," has for some time j past been the subject of surmise and conjecture. : Various opinions havo been given, but wc have the pleasure of being able to set the matter at rest by producing the following letter, which shows that Mr. Elisha Ayers is justly entitled to the credit of" teaching the young idea how to thoot." Presto!*, New London Co., Conn , June 23, IMS. To James Gordon fic.fNETT, Esq.:? I lately taw in your goodly paper, the Herald, a mil take. The ancient school-matter of General Taylor it not Elisha Burn*, but Elitba Ayers. The Norwich Newi (by Mr. Kallcner.) make* another mi*take ; it tayt he left Preeton about the year 1797, but doe* not tell when he taught school in Kentucky, which wat in the year 1790 or vl. A* above itated, I arrived in Kentucky in 1790 or >91 ; and became acquainted with CoL Richard Taylor, a wealthy, reapectable gentleman, near Louisville ; him ?elf and neighbor* employed me fix or eight month* to teach their children. Colonel Taylor lent two *en*ible, active ion*; the elde*t'? name wa* Hancock?the second** name was Zachary, which 1 believe mutt be our pre tent brave General Tay lor. I lately wrote to Mr. Read, the pott-ma*ter at Lou iaville, Kentucky, and he write* that he enquired of the old settler*, and they informed hiaa that there wat no doubt but that Gen. Z. Taylor was my pupil. Sir, be so obliging at to publiah in your next Herald that General Taylor's schoolmaster** name ia Elisha Ayers, aw* that he taught there in the year 1790 or *91. I taught school several years in the southern and western States, and was always known by the name of Elitha Avers. The Post master at Louisville writes that CoL Richard Taylor and hi* ion Hancock are both dead. Mvself and eon sometimes purchase of Meter*. Sailor and Parka, of Norwich, your New York Herald. Your*, lie., ELISHA AVERS. This settles the question. Mr. Elisha Ayers was the instructor of General Taylor, and he has the proud satisfaction of knowing that the lessons of patriotism which he instilled into the youthful mind of his pupil, were not like seed sown in a barren toil. Theatrical and AkualcsU. Pabb.?Mr. Marble appeared lest evening In three epices, "Sam Patch in France," "The Vermont Wool Dea ler," and "Black Eyed Susan." The performance* seemed to afford rut amusement to the audience, and the places went off admirably. Mr. Marblel impersonation of Yankee characters, is generally very rich, although he often uses slang that must prove vory unacceptable to a refined atrilience. In the "Vermont wool Dealer,' there are some very low characters, such as Con Cor ney. which can never be plesring to a Park audience. With these exceptions, the pieces were very entertain ing. and we have no doubt that Mr. Marble would be well appreciated, if he were to produce pieces free from ob jectionable slang and cant This evening Mr Marble takes his benefit. He appears in three pieces: "Jona than in England," the "Forest Rose," and the "Stage Struck Yankee." A good bill. Bowsar Tiibatbb.?The popular and magniAeentspec tacle of the " Wizard of the Wave," was performed at the Bowery last night with undiminished applftuse. It ia one of the finest nautical representations that has ever been put upon the stage, ami is highly creditable to tlu management of the " People's Theatre." The "Spectre Bridegroom ia a capital comedy, and waa played last evening with considerable spirit. The same bill through out ia to be presented this evening. OactawicM Thvsvbb.?Last evening, the perform ance was highly att< active. " The I.ady of Lyons'' was presented. Mr Henkins played Claude Melootte, and Miss < ranford, raulioe, to a very crowded house. They sustained their parts with much ability; and were well sustained by the company. We were gratified to find that this popular and deservedly favorite plaoe of amuse ment was so wall filled on this oecosion. The Oreo n wich promises a vary brilliant season, and the compan y are excellent liana Auimsa^-TUi celebrated wonder-worker gave an entertainment last evening, for the benefit of the Orphans' Fund of the Mesouic fraternity, the proceeds of which, gin sitng from the luge assemblage that was pre sent, will be a hastaM donation for this deeerving cha rity. This evening Mr. Alexander will perform a series of wonderful experiments that defy detection in their performance, and which no am bat as adept ia the ay* te r lee of magic oea attempt. Gaivle OtfSSS!?This splendid establishment eoati none to be nightly threaded with highly fashionable aad*. mr as The pei farmabuss last evenlag consisted nf song* by Mr. Milan, music by the orchestra, aad daaoes by the Mleeee Valine aad Mr. Thompson. A very tae bill pease nssd lor this evening. The Jim as I says, that the cavalcade of Messrs Rockwell k Stone, preceded by its band, in a lae ear. made an imposing appearaace la the streets of that city on the Mthlast The .Vie /fas sit RmruU says, that Slgnora Pico's 00a oert la that city, oa the 9*d Inst, was a most brilliant aad saeceesful affair. She is to give her seeeM sad last con cert there this evealag. Mr. Dempster is to give a concert la Rochester this svaniag. The Odd Fellows of Washington tendered the Hsr moneons a complimentary beaalt, which cams off oa the Mth Inst Oenrt Hsr the OorreeMaa sf Krrsw. Preeeat?Senator Lett, Presiding, ChanoeUer Walworth aad twenty Senators. Jena to,?No fci : F. Star and aL, vs. S. Child sad aL Mr. t. Darwin Smith concluded for the defoadart la sr rev. Mr. O. Hastings was heerd in reply Decision post poned till December.?No. M : M. wogan vs. M. Haber shew. Mr. B C. Oray was heerd tor ulftrtlff iaefW. Mr W ? Li wrsecs xas heard fcrddhsielii ems. City Intelligence. ?The thcrmomstor U gradually rising in the public esteem. It getup to about .ft yesterday. We shall hare toot sweating weather before September. Citv GraBo*.?This finely disciplined, and beautifully equipped corps, under the command of Captain William M. McArdle, left our city yesterday, in the Empire, ea a visit to the Trojani. They will be received by the Burgess Corps at Albany, and at,Tror. by the Troy City Artillery, and the Troy Citizen*' Corps, of which last company they are the guests. Their ranks were well filled yesterday, numbering nearly sixty muskets. They are accompanied by DodiwortVs brass band. To those who know the perfection of the Guard in their drill, and the experience of the olBcers, 1: is unnecessary to say that they will do crodit to the city wherever they may go. They will spend but one day in Troy, and will re turn here on Saturday. Luck attend them. Gebman Emigbarti.?About fifty German emigrants' of all ages, shape*, and sizes, passed up Wall street yer terday forenoon. Fiiea.?A fire broke-out yesterday morning, in a row of brick huildinga in the rear of No. 6, 7, 0, 11,13 and lft, Sullivan street, occupied partly as dwellings and a brass foundry. The upper stories were burnt off the whole row. The fire was, without doubt, the work of an incendiary. At a quarter before ? o'clock, P. M., a fire broke out in Freter1* lace store, 40ft Broadway, it was extinguish ed with but little damage. Th* N?w Pavement.?The granite block* for the new pavement in Broadway have nearly all arrived, and the pavement wjUU be commenced soon. T?i? New Petict L?w.?The new police law has ?nd was approved by the Mayor on the 2*1 of June, and repoalingall previou* laws upon the subject, is, of course, the law for the regulation of police in this city. The new law increases the police force 100, making WK) instead of 700, as before. Sec i. The city is divided into throe districts, as follows :?The fir<t district shall comprise the firat, second, third, fourth, filth, and sixth wards. The second district shall comprise the eighth, ninth, twelfth, fifteenth, sixteenth, and eighteenth wards. The third district shall comprise the seventh, tenth, eleventh, thirteenth, fourteenth, and seventeenth wards. In each of these district there is to be a police oourt and office. This is about all of importance that is new in the police law. We hope, that with the 600 po lioemen, we shall hare a very well regulated city for the next year. Accident.?On Wednesday afternoon, a boy, while engaged about the machinery of Taylor's ahop, No. 0 Hague (treat, had his arm taken off. Skbiocs Accident.?We saw a poor little feUow about twelve years old, at the City Hospital ye'terday,

w" severely injured by lace ration of the face and head, and bruise* upon the body. He was sitting upon a cart in Frankfort street, when two horses attached to a reed wagon came dashing down Chatham street, and turning into Frankfort street, ran against hia wagon, dashea it to pieces, and threw the boy upon the pave ment He was senseless for a few minute*, and was con veyed immediately to the hospital. The hones ran down Frankfort street, clearing their way before them without any difficulty, and were finally stopped at the corner of Gold street. Accident.?A man named Alexander Steen, employed a* a porter at 166 South street, was severely injured yes terday by a pile of coffee bags falling upon him. He was taken to the City Hospital A Conet Island Fish.?Some day or twe ago, a gen tleman of this city, accompanied by several friends, ear ned a seine down to Coney Island, with the intention of having a little sport. The seine was dropped, and the commenced. A* the net approached the ihore, a huge monster of a fish wa* occanonally seen darting from point to point, with fearful rapidity. He had dis covered his danger, but it wa* too late. He was soon entangled in the cunning meshes, and dragged "high and dry upon the beach ; when, to the astonishment of our amateur fishermen, their prize proved to boa "ravenous ?alt sea shark" eight feet long l The deipot of the deep WM *??n laid open by the knives of hi* captor*, and ten small fish?each about a foot in length?and all alive and kicking! were taken from hi* intide. But the sur prize of our sportsmen was still farther increased, when in throwing their youngsters into the water, they darted off into the "deop sea" as if nothing had occurred. Now here 1* a question for naturaliits?were these latter the ?th?pllottfi?h'?ar't' ?r wer? ^ "bark's purveyors Yachti-so?A Match Race.?A match race is-to take place on the first of July next between the sloop Hyren and a new sloop which John C. Stevens, Esq. ha* lately built, and whichnow lie* at his yard in Hoboken. The match i* for $1000, and the (loop* are to sail from the Klysian ?lelds round the light ship. This match is a sort ??h/^ttra?V7.10 rsgatta which takes place on the 18th of July. A fine little yacht called the Coquette is now lving oil the Battery, having coma on here to par ticipate in die sport. i ro* L?T,C-?A girl 16 years of age, named Char lotte Burkitt. left her home and anxious mother in New ark a few days since, and came to this big city of sin and unrighteousness, in company with a young genius about the same age. of whom she was enamored. Her mother has also come to the city in search of her. If Charlotte knows which side her bread is buttered, she will go back to her parent, who will be ready to greet her again with a mother's warm love, and blot out her past misdeeds with a tear of joy at her return. Brooklyn City News* v. ?ml'?.c..h or tW* Pilgrims.?This new and chastely built edifice, which is a rich ornament to this rapidly improving city, was to-day attended by a very respectable assemblage of ladies and gentlemen, when the sale of the pews of the church took place. The style of architecture is perfectly unique, at least in the l uted States of America.and in chsitcuesa of design and neatness of execution, surpasses most of the churchcs in the vicinity of New York ; and is far more commodious ?T"?' V" Trinity Chnrch. The style of architecture is Jr*? ?f If"or45,n! which dates anterior even to that of the Gothic. The interior of the church is very beautifully constructed ; and the windows are of colored glass. The |?w? are large and built of the best oak. numbering over two hundred and four; and there aro branch apartments connected with the building, equally well finirhed, according to the general design. The pul pit i* beautifully airanged, and a luperb organ made by Appleton, of Boston, also ornaments the church. The celebrated Mr. Upjohn, the architect of Trinity Church, and other* in thi* city, has been the architect; and part of the great " Plymouth Rock " is also set in the outer pert of the Church. The Church of the Pilgrims is composed of Congregationalists, chiefly from New Eng land, whose form of worship i* limple and free from dis play, and the body is oomposed of a highly respectable congregation. At 4} o'clock, Mr. Wilmer?Ung, auction eer. commenced the sale of the pews, when the follow ing were sold at premiums, varying from $134 and down ward in addition to the appraised value, according to the terms of sale, the purchaser being ontitled to a choica. The first premium was $110, offered by Mr. Hunt on No. 91, appraised at $700. ?.JsJu*"1 ? rfppraiitd et Purchater. *"? f'? $>00 Mr. Perkins JflJ I1*? ?? Mr. Bowen. fft 1 " ? ?'00 Mr. Hale. fS $700 Mr. Back. J? $700 Mr. Crittenden. IS I* ? i'OO Mr. 81aiu 2? *i* ?? f*0# Mr. Humphrey. .*? f" ? ?4* Mr. Buck! ml! ^ f700 Atwater. ? *<40 Mr. Hunt. I"h $10 141 $1.10 ?? l31" ? $450 Mr. Mason. ???? ' Mr. Humphrey. ???? >? $<*> Mr Back! ???? $440 Mr. Woodruff. ???? Jf ?700 Mr. Harrison. ???? ? *440 Mr. Bidderwell ???? ,2 f,7i Mr. Alleu. ???? ? $440 Mr. Slade. ???? >W $440 Mr. Blake. ???? ?? $440 Mr. Baldwin. ;;r. " S4X4 Mr. Case. *!j!' ? 2! P* Mr. Sharp. ? ,*> $440 Mr. Howard. ** ?? $440 Mr. Hatch. S,lP K 2? Mr. Parker. 2}{j JJJ ..... J?23 Mr. Burknapp. St & " Mr.Bowen. 149 $130 Mr. Slade. JJi1 | $?9 Mr. Perkins. ?? ? f *4 Mr. Stevens. 3W ** ?? $440 Mr. Stedmsn. Making a total of thirty-three purchasers?upon which th* *!? was adjourned until further notice. Some of the pews are to be reserved for free use of strangers This church will increase considerably in value, and has oVer 304 pews for the accommodation of the congregation. Police Orrirs?Mvstebiol-s Fovndlino.?There is a good deal of mystery connected with a charge brought against a respectable physician, at the Police office, du ring the last few days-namely, that of desertion of an infant child. It appeared that about the end of last month an infant child, about four week* old, wa* found deeerted upon the (tep* of a house, belonging to a vir. Simonson, residing in Schermerhorn street, a note being appended to its dress, calling upon the humane to take it under protection. The child was provided for and, subsequently, a Dr. Shook was arrested on the charge, being a resident of New York, on the ground tbat he had participated in the crime of abandonment, and upon examination was held to snswer, being t>ound o ver in the sum of $1000. The names of the parents are thus fsr concealed, and thera are curious rumors and conjectures on the subject. The depositions and testi mony go to show that the accused attended as physician the mother of the child in her confinement in New Vork when it was taken from the mother, and placed in the hands of Anno Aymer, the complainant, as nurse, and that on the evening of list May, the doctor came to Mrs. Aymer with the father, as he stated, of the child, who called himself Head, when he took away the child, to send It, he said, to Putnsm county, when the child was subsequently deserted, as above stated, at Brooklyn; and that aha, herself, actually attached the note that was found on the child's clothes, and o> Its being.carried off. deputed s boy to see sfter It, when bo *???? P V Fulton ferry. She also cut off some of the child s hair, which she kept before It was takaa away as the mother made her prosaiso, if the child died, to kirn some ot itljhair for her. The chi d's hair was found clipped. The accused refuses to give the names of the porUes, and will risk, it is stated, the consequences of a prosecution. Thus, the whole affair is shrouded in ays ter^, and there are curious rumors in circulation on the Rosaaar?An industrious man,named Dennis Faihsm, was robbed la.t night in Siwkl) n, of $466, consisting of hank $100; on the Now Vork Banks. $100, the remainder in gold and silvor. Ho oflhrs a reward ot $60. The thieves broke in tke book way. Owls# Cemmea Pitas, Before Judge U1 Shoffar. Jowb M.?Jtmts 4.7Veet vs. Jo*n MruU?This was an notion of assumpsit to recover $136 The pertiei are harbors. The plaintiff sold to dsftndant the good will of his shop aad fixtures, in Camine street, ior $lift. The defondaat want Into >*sas*afoa, and continued ia the house for a week, after which he found that it was sub ject to ? mortgage for $S6a He then quit, and refused tonerform the agreement The defendant bring* this ???n now to recover the $196. For the defence it was contended that the sale was fraudulent, iaasmuoh as de fendant concealed the. fact of the premises being sabject to the mortgage; and, hence, he was justified in rescind tog the contract The judge loft it to the lory to say If the evidence adduced by defendant proved hlsoase, if so, they ought to find for him. Verdic t this morning. . Sentence!).?Wyatt, the conflet murderer, By Electric Telegraph. HIGHLY IMPORTANT FROM THE SEAT OF WAR. Capitulation of ftsonoia, without Firing a Gun. CAMARQO OPENING HER QATE8 TO THE U. 8. ARMY. Triumphant Progress of our Forces. Washington, Thursday eve., June 26. Our New Orleans papers have failed ; letters of the 17th and 18th inst. are received. The Mobile Regiittr of the 19th says :? The steamboat Fashion returned from Braxo?, having landed troops,who were well received. She brings a report that the town of Reinoso surren dered without resistance : also, that Camargo ca pitulated in advance. The army is in good health. The main body of Gen. Taylor's army is on the right bank of the river Deshas. The commands of Washington and Jackson re giments of Louisiana Volunteers are on the left Bank. Gov. Henderson, with one thousand Texians, reached the Rio Grande on the 10th, occompauied 1 by seventeen Tonkaway Indians. The Alabama companies, and the St.Louis and Louisville Legions, are at Brazos Island ; also, Colonels Dakny'a, Peyton's, Davis's, and Wetker ston's commands. The committee seut by the Louisiana Legisla ture to present the vote of thanks to Gen. Taylor, reached Matomoras on the 8th. Patriotic and appropriate speeches were made on the occas:on, and a splendid collation was served up. Toasts, wit, and sentiment flew round the board. The steamship McKim had sailed from Mobile for New Orleans, with army supplies. Incidents, Ac., of th? War. A novel proportion lor fortifying our veweUJn ?h u attack in made by them upon tne Cm tie of St. loa is made by a correspondent writing from on board the ?team frigate. Mississippi. The amount of it is,to iittoch bale* of cotton to their sides, by mean* oi ^ort rtout hook*. He expresses great confluence in the expedient, and a willingness to risk $5000 upon the experiment The Military Preparation! Iter tlie War with , Mexico. NEW YORK. Adjutant OrsxaAL's Orrict, ) Albany, June 14th, 1848. J Sia?In reply to your communication, dated the 13th Inst., I would suggest that on the receipt of this you im mediately transmit to mo a statement of the number of Companies of your Regiment that are ready for enroll mentVand if it shall be found the seven Regiments call ed for are not full, within a day or two, ffora now. I think it very probable that the Commanderin-Chief will beper fectly willing to extend the time which you request for Billing the Lone Star Regiment Yours Respectfully, , ? fc E. TEMPLE, Adjt Oen. Cot. Bamcxi. CoxjrwtLt., Lone SterRegt Aojl'taut Oiicial's Office, > Albany. June 24th, 1848. J Drab Sia?I enclose some blanks, as requested in your letter of the 33d. The time for volunteers has been ex tended to the end of this month ; and 1 hope that you will be able by that time to fill un your refiraent.or.if that is Im practicable,I trust you will report at this Office such com panies as shall be ready for enrolment: and I think you might be able to join with some other companies, so as to complete a Regiment. The Field Officers to be chosen after the companies are associated together. Yours respectfully, E TEMPLE, Adjt. Oen. Col- Samcbl Coshwsli, Lone Star Regt Police liitelltiranee. Jinx K.-RoHtv of Silaor?The dwelling house oc cupied by Mr. E. P. McPherson, No. 178 East Broadway, was entered yesterday morning, by some sneaking thief, and robbed of one large silver table spoon and a butter knife, marked with a lion and letter. Also, two butter knives marked E. E. McP. No srrest Caught at Latt.?Officer Logan, of the Seventeenth Ward, distinguished himielf yesterday, for which we rive him much credit It appears the above offlcer "spot ted" a fellow lurking about the Second Avenne, yester day afternoon, and after some little time he observed him enter the dwelling house occupied by.\lr. Brewster, No. 139 Second Avenue, and watched the premises until his return?when the fellow got into the street, Co son proceeded towards him, when the thief took to his heels and ran. and after a long chase he was token into custody, and on " frisking "his person, the offlcer found in his pockets 23 silver spoons and a fork, valued at_ *40, and indentified by Mr. Brewster to be his property. If the policemen wero all as vigilent as the above offlcer, our citizens would be relieved of these afternoon robberies, which are of daily occurrence at present Upon takiug him to the Police office, he gave his name as John Henry, end was committed by Justice Taylor for tnaL Jlrxeet on Suspicion -Officer watson of the Sixth Ward, arrested a notorious Five Point thief in Orange street last night, called Jim O'Connor ; he having in his possession two silver plated girandoles, suitable for one candle each, with the form of a dog at the bottom on marble: also long glass drops, for which an owner Is wanted. Apply to the clerk of Police, Tombs. The thief was locked up for examination. Robbing a Veeiel ?Offlcer Dalv of the First Ward, or rested last night an old dock loafer, called Frank Smith, for stealing a topsail halyard worth *3, from the brig Amazon lying at Pier No. 8, North River. Locked up by Justice Drinker for trial. Charge of Perjury-A pedlar, by the name of John Mortln, residing at No. 308, Monroe street, was arrested yesterday on a charge of falsely swearing to an affidavit charging a Mrs. McCormick with stealing a piece of Irish linen valued at $1 74, when he well knew that no larce ny had been committed. Justioe Drinker locked him up for examination. ... _ . ... Petit Lerecity.?John West aid Henry West were both arrested yesterday charged with stealing a coat, panta loons, and other articles of clothing, worth in all $31 40, from the steamboat Mohegan. lying at the Novelty Yard, belonging to William Wright The property wa. ^. covered at an old " Fence ? shop, kept by David Pestkl and Louis Statorrexkui, at No 87 Orange street, where the clothing had been " Fences " by the thieves forelov en shillings. The two receivers were also arrested and committed to prison with the theivei, in default of $600 bail, by Justice Drinker. . Petit Lartemes.-Neil Corey was caught In the act of itealing a valise worth $2, from the ?tore of Henry L^e, No. 17? Chatham atreet?locked up. A boy, called YA ward Kiernan, was likewise caurht in the act ot stealing a pair of t rass castings, valued at $7, from the yard ot westervalt and McKay,in Cherry street Ji Promising Youth.-A young man, by the name of Benjamin F A. Brady, was drunk and very disorderly i last night, about 13 o'clock, in Church street, and Offlcer Burly passing along at the time, very politely requested him to leave and go home; at this he became very abusive to the offlcer, and holding in his hand a glass tumbler, he threatened to smash Mr. Burly's head with it.-? Consequently Mr. Burly took this young rowdy by the | back of t.e neck and locked him up in the Station House, and when brought before Justice Drinker in the mora in* that Justice fined him (3 for his drunken and disor derly conduct, and in default ef the payment he was committed to the Tombs for Ave days. Charge of attempt at Rapt ?Officers Middleditch anl Rolf, or the 7th Ward, arrested a Spaniard by the name of Antoine Mnrrie, on a charge of attempting to commit a rape on the person of a small girl of between 11 and 13 years of age, by the name ot Adeline Tubbs. Justice Taylor committed him to prison for examination. Hupei lor Court. Before Chief Justice Jones. Jin* 3* ?John M. Devoy vs. John R Colon and other*. This cause, reported in yesterday's Herald, was summed up. alter which the Judge charged the jury. He said the action was brought to recover damages for a lioet upon plaintiff ; and of course the flrst question which the Court and Jury had to examine was, what does a libel consist of * and this was a proposition of law. The ex hibition of effigies and caricatures are the most efficient modes of ridiculing and holding pereoM up to contempt and scorn, by representing them in a vsiHetyof situations calculated to excite the contempt ef their f-llow-citizens. A libel in this sense, therefore, coDeists of a painting or representation ef a man by signs or otherwise, to fe pub. licly exhibited so as to turn him into ridicule and to ex cite popular feeling against him. and to hold him up to public odium ; and it will be far you to say whether the evidence brings thia cause within that description. The judge gave a minute detail of the target excursion, and all the circumstances that took place st it. as they ap noared in the eeeree ef the trial; be then oommented on the evidence and laid down the law applicable to it. The iurv retired, a*d shortly returned with a verdict agelnrt Vhn R. colon, John H. Brigrs, Wm Turner. Edward Dowev and Clark Vsnderbilt, the invited guests, tor MOO, end with a verdict of $400 against the other de Satiate Before Judge Vanderpoel. Bmrrtng re Harper et aL?This cease is Mil on trial. It will be given to the jury this morning. Before Chief Juotioe Jonee. Jews U.-SsaMl Van BnucMss st. Emmet Rueh and otbori.-l his was an oetlon at trover, in Deoem ber, 1844. O Van Benschoten, the brother ef plaintiff. t witn a man named Theedere Coin, berrewei fre* plain tiff about MOO, to go into the oonteestepocy beslnsii. It business, ro secure uw sssiw "?? ?[' gave him a bill or sate ef the whole property It wa? also agreed that the partners wero to have and continue In the possession until the moeey w? PeW? plai ntiff should demand poeseostea, which he "f ht jo at any time he thought proper The agreeeeent was folly performed en both sides Afterthe oaatMibmmen of tne partnership, they cesamenced dealing frith the defendant, who is a grocer, and became indebted to hiss In some two or three hundred dollars. Subsequently, Cain sold out his interest in the concern to his partner, and left it, and was afterwards prevailed n>n by Ruse, ?e confess a judgment te him (Rushiagjinst the oartnershlp pr^VwhU he JU without k.?^w ery? sentof his former partner; npon whlch Rashi??da* execution, levied on the property, and eeld It.eepteia' tiff alleges, et a sacriflea, for the value ofwhtehhe now brlngsnie action under the bill of s^ _The delsaoe se t tt^SlffBrriaa.ee? Tke two gentlemen wk* lui Ml laMv*M *iih Mr. Oeorga Relyea, m Nitnn Fallt, on Tuesday, pM inat, cm etonta ikt required Inform vion. by fonrirtfaf their addreee, or calling personally ? Vb 44 Centre ibHI, N..YX' PorlsMe Ihning Cim*Tlu moil p*rt*> ble, ud at the same time the moat complete and elegant arti cle aow maeufactured, having every requiaire for a geutle man'a toilat, ana M a travel luig companion invaluable. For sale by O. SAUNDERS k SDN. ITT Broadway, fc* door* aboya Cooitlandt atraat. Metallic Tablet Ruor MropWThe anbacrV bers would call the attention of strangera and the public to tlielr aaaortment at the aboya, beyeed emvil tha beat article manufactured O SAUNDERS k SON. ITT Broadway, oppoaite Howard Hotel. Magic Hair Dye.?Red or Grejr Will altera clianged to a beautiful black, inatantaaeonily. by 'he applica tion of Pbaloa'i M?cic Hair Dye. Country gentlemen nan hire a bottle forwarded them by aspreae or otherwiaa, by aeuding their ordara, cash enclosed, to E. Phalon. (I, under JudsoiT* Hotel, Broadway. Price $1 par bottle, with full di reetione for ute aecompiayrag each bottle. City gentleman are invited to call at the depot, where they can hare a superb pair of black whiskera substituted for red or grey ones, La lea* thaa five minutes. White French Cblna Dining Beta, 111 Dw> 1 Piece*, at the unprecedented reduced Price of $27 Jo? Iso MO doiee White French China Diaing Platen, at only St? iloxen All kind* of China and Olaae at thia eetablieb w a Vlivu VUIIIM W Wee?a, at the unprecedented reduced, price of $S7 50? Alio MO doaea White French China Diaing Flatea, at only | 8t a dozen All kinda of China and Olaae at thia eetabiiah equally ehetp. Alio, Cornelia* k Co.'* S?;lar Lamp*, ^Htdolea. Cauda libra*, Oaa Fiiturea, kc., at the moat re price*. Purehaaar* will find it partiealaily to their own internal to viait the China Hall, corner Broadway and Chamber* atreet. 1 J. KERR. Oreat Demand fbr l>*wa -Phlladelelila Agent* lor the Herald. O. B. Ziebar k Co., 1 Ledger Build ing, Id meet, below Cheaaat. where advertisemente are re ceived. and where those wishing to en bee ri be will pinnae leave their names, aad have the paper served regularly at their stores aad dwellings,immediately after tha amvaJ of the aBH Terms, 73 cents per moath, iacleding the Sunday He ? 06 can is without it Single copies I centa. la ??parlor MwI?I Tnltlon fcrVeang T ?<??. | To Parents and Ouardiana.?Music Taught on die moot Improved Method with great rapidity^nd on reasonable terma. A ltdy who haa received instruction from the lirst master* in Europe, and who imperta with (heility a thorough knowledge of the ecieeco to her puptle, combined with ele gant and graceful execution, is desirous of taking a few more female pupils, either at her own residence or at theirs A line addreaaed to A. at tha oflUo of this paper, will be attended to; or an application at 46 Mercer street, where he lady resides, will receive personal nrtenrtoa iut? lm Navigation of the UUe lUver. Piece*. Tim*. Stat* iUVer Cincinnati Jane 18, ... 18 bet. Wheeling, June ? 10 foot Pittsburg, June 10 .1 feet 0 inches. LonioviQe, June IS 0 feet, 0 iaafe. MONEY MABKBT. ThmrnUr, Jmne #9?? *? The itook market opened heavy ttnlay, and aioeed heavi er A decline of about % perct.ws* experienced,in P?*" ruling Wore the meeting of the boarda. c in ton fell off X per cent; Harlem, X; Morris Canal, X i Long Island, end Norwich end Worcester closed it yesterday's price*. There were Urge sales of Harlem end Norwich. Wear* under the impreealon, that the stock market for the next thirty or sixty day., at loort, will >ev.nr much depretaed, and we would not be surprised te we the principal fancle. in the 1W, within that time, three to five per cent below present price*. We see nothing prevent this, a* there hu been no particular improve. m?nt in the money market, and the effect of the reoen favorable change* in our foreign and commercial matter* generally, cannot .be fairly felt Wore CslL Tha to. provement muit commence at the outside of the circle, and revolve regularly, until it reache* the great force* of Wall itreet In other word*, all the minor ramifies cation* of trade mu.t feel the favorable influence of the change*, before the larger and more important one* do The little brook* and rivuleU mu*t be filled, before the river leading to tho ocean can be * welled to It* ordinary limit. Everything connected with the trade is healthy, and all we want, 1* an opportunity to put the element* ol prosperity into active operation. There i* very little doing in thi* market In foreign ex change*. The rate* for sterling bill* have been steadily declining, and the demand lor the Great Western has not been active enough to sustain former quotations. Film* bills on London we now quote at 7X * 83* P*r ceat PI#" oiium; on Paris, ftf 87^ ?6f-35 ? Amsterdam, MK a MX ; Hamburg, 34tf a 35; Bremen, 77X a 77\. At Savannah on the 19th inst, there was little doing in Sterling Exchange, and rates ruled at 7 a 7X per cent premium. The banks continued to check on New Tork it X per cent premium for sight chocks. At Mobile on the l?th, tho transactions in sterling hills were on a limited scale. The supply was moderate and fully equal to the demand. Billa on England, ft* a 7 per cent premium; on Franco, 8.40 a per doL; on New York at 60 days, \\ a 3,S? discount; do at SO days, 1 a 1* do; do at 15 days, X a I disc.; do at sight, par a X diso. Counterfeit $10 notes on the Planters' Bank of Ten nessee. are In circulation. They may bo coolly detected, as they arc signed N. Ludlow, Cashier, W. WaUon, President; the paper poor, and general appearance rough. The Jackson Manufacturing Company have declared a semi-annual dividend of ten per cent; the Jackson Co. eight per cent, and the Perkins Co. eight per cent. The Boston and Providence Railroad Company have declared a semi-annual dividend of four per cent. Tho Worcester, 4 ?, Lowell, 4 ; Etstern.4; Taunton Branch, 4, and Maine, IX. It is anticipated that the Fitchburg will make 6, and the Western, 4. The policy of reduced fares has been pretty well tested lately, by several of the railroads of New England. Since the reduction In tho price of passage from Boston to Albany, by tho Wes tern Railroad Company, their receipts have increased a very large per cent, and there is every probability of an increased dividend being realized by the stockholders. The Utioa and Schenectady Railroad Company of this State, have increased their receipts by reducing the fare; and in every Instance where that policy has been adopted, the immediate results have proved it to be the wisest that could bo pursued. There is, however, such a thing u getting prices too low, and some of the rail road* of thi* State and Now England have suffered from that cause; but recent arrangements hav* raised the rates to a remunerating standard, and we trust they will be sustained by the travelling community. The first annual report of the directors of the North ern Railroad?the railioad from Concord, N.H-, to the western bank of the Connecticut River, near the mouth of White River?has just been published. The route io ?4 miles in length, and the maximum grade is 60 feet to the mile. The glading, masonry and bridging was jUt out last autum In ten or twelve different contracts. Con siderable progress has boon made in tho work, and at this time about 1,300 bands are employed upon tho whole line. It ia expected that the lower 18 miles-from Coacord-will.be completed this year. Threo assess menu (amounting to about 25 per cent of the oapitel, say $475,00) have boon levied, end far the most part paid in. The annexed table exhibits the condition of each bank In New Hampshire, on the first Monday of June, 1840, according to returns made to the Legislauro of that State, Buui or New Hammhikx. Lean* and Nmmri of o'" ?%\ as&l Aihut bt Bulk. ..... 19l,9t>9 6,286 29,971 Bo,9M CheSIiwrbUST..... 193:917 8, ltd H.484 W.74T Conn Hirer Bank... 133.091 4,tit JS.Oii SIM Do?er Beak.......? 73,031 7,133 35,747 35.113 ....... 135.453 3,144 I.O^t 4M? (Jnuute Bask 143.517 7.545 11.557 4J.<I* Lebanon Bunk 133,434 1,347 JZ'Zii m'ik? Lancaster Bank 19,475 1,454 14 7M ^ Merrimac I 0. Bank.. 133,417 1J,J1 JS'2?* S JJ! Mechanic.' Bank.... <?'aa* li'^sS Mech'fc Trader.' 6k. 194.147 13,147 4I.4M 74.144 Manchester Bank.103,333 4,7t0 15,'?* 44,80# Manufacturer.' Bank. 145,9/3 4.'*? J*'. Na.nua Bank....... 304.711 13,9tt 34.J ? W ?J9 Pi?c?t?qna E* Bank.. *7>44 J?.*? Sale m'oto Rockingham Bank.... n?.?22 4?S Koche.ier Bank..... 144,003 7.515 ???* Total. June, 1314..... S.TJO.US 1* t* aujSlH J'lSl58 Total. Dec. 1415 3.347.?5 |??ij M413? Total Sept. 1444 $3,377,431 115,334 373,S?4 9S4.ni Xhi moYimtnt In ???ry deptrtmtttt, for Jon*, 1046. M greater than in either of the previous periods named in tho table; and tho condition of the banks generally .com pares favorably with any former time. ?n the whole tho movement has been very uniform, considering the covered by the returns. Those bonks have on do ?????, ti*. $?11,110, principally in tho Suffolk Bank, Boston. aa thoy belong to the combination that bonk has brought to such perfection, and made so beneficial to tho bill-holders in ditoront ports of the Stole. In re laUon to the payment of tho interest ?? fuB* ed debt of Pennsylvania, on tho 1st of August, there is not a shadow of doubt Our aooeunts Aram Harrisburg are of an oCtW chaiweter, and Utoy ?* WM" rutins In stating, doddodly, that feofoll amount will The tialanns ia the Treesury, on tho 1st of May, sub loot to deductions for the amoont to the Canal Treasury, unourrrnt noe*r, ?+? was $!?,<*0. Upon tho .ame day last voor the balaaoo was $144,000. Tho reoeiut* upon the public works, up to the list of May. were about ISO 000 lees than to tho same period of lS4St but the I* creased bu*lness during this mouth, warrants tho assu* umo thot tho receipts to tho month of July will bo aa lwao aa they were for so much of tho fiscal yeor of It4?; and tha expectations are that the whole receipts of IMA will | recti j exceed those for 184*. Tho Stete Trees*r-or has already received assurances from the counties of Adam*, Bark*. Cheeter, Columbia, Cumberland, Dauphin, Oreeao, Lancaster, Icc of their determination to pay their State tax in time for the Au gust interest; and, by the authority of the State Treeeor or,the CommiasVtocn of Philadslphia couaty hare tdot* il <ii M*"1t imliflir ? MMi twi ooo^w w *$ mm m