Newspaper of The New York Herald, June 27, 1846, Page 2

Newspaper of The New York Herald dated June 27, 1846 Page 2
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NEW YORK HERALD. ? - ? j. i .. ... Y*rk. Saturday. June 5?7, 1H4A. Weekly Herald. This iboet will bo ready at eight o'clock this morning?price six cents. It will contnm the latest new* from all part# of tiw world ; editorial matter on the leading events of the day ; a capital portrait of General De Vega, which was drawn from a ?laguerretoyp? likeness taken in New Orleans: anil an engraving repre senting a scene in the battle of Rcsaca de la Pal ma just before the capture of Vega. This is an interesting family newspaper, well calculated to send to friends in the country. The ProgivM of the War In Mexico The latent intelligence from the seat of war in Mexico, which was published m yesterday's He rald, is of a very interesting nature. It appears that the town of Regnosa has surrendered to the American arms, without a shot being fired, and that the town of Camargo stipulated to surrender in advance of the march of our troops. These proceedings aro highly gratifying to the American people. It ?ecms tlint the paople of Northern Mexico are willing and happy to come under the protection of oar Hag. It appears that the Mexican people hure con fidence 111 the American General and army, and aro willing to put their ;?ersorfs and their pjoi>erty under their care. While matters aro going on in this way in the vicinity of Matamoras, it ap pears that Arista is concentrating his torces and making a stand at Coma, on the roud to Monte rey, and within about one hundred miles of the American camp, with a determination to oppose the progress of Gen. Taylor to that place. It d.->es not appear tiiat General Taylor had yet moved from Matamoras, in consequence of the want of suitable transportation to carry on offen sive operations; but as soon as transports should arrive, it was his intention to establish a depot at Camargo, and take tip his line of march to Mon terey, unless his orders were countermanded. The necessary transports have undoubtedly ar rived, and the probability is, that unless Arista has vacated his position at Coma, a general engagement between the two armies lias taken place. If this has not already taken it will in a very short time. Arista will concen trate his force, await the arrival of Paredes, and then, with their united strength, risk another battle at Coma, or Monterey, on the result of which will depend the further prosecution of the war, or a proposal for peace. We have 110 doubt that if a battle has occur red, the honor of our arms lias not been at all tar ni?hetl 011 the occasion. If Gen. Taylor was able to achieve =0 brilliant a victory as he lias with a small handful of men, he certainly can achieve a more brilliant one with the additional troops he has since received, animated as they must be by the (clot gathered from the fields of Palo Alto and Rcsaca de la Palma. According to his order to iho gallant Capt. May to charge the Mexican bat teries he will take Monterey nofaiu vcilent. We may look for the most exciting news very soon. The lctlc TelWn,,h_Tl,t|r AstonLhlu* Projreiw. Among the most remarkable instances of the * a.erpn*, of the American people, i, the fact, hat already there are about 1400 miles of teleern phic wires laid in the United States, with the ex cepuoa of about the space of ypo mile-, which is to be finished in July. We have obtained the following table from J. 1. - larshall, ^ , the Secretary of the Ho.ton Tele graph,comprising twelve lines:? TELKfillAril I.INEI. York to Boston, complete. . *"!,?; J.r??y City to Wattunjton, do. | Albsoy to Rochester, do * '? t0 be?t'? tVn.iRya.-.: ioo ,T\ Alb?ny. vm i oughkeejisie, Troy &c to bo completed July |.? 1 "?* "?/.??>. '? sf ??<"(??. to ho compieteJulylO m ? Syracuse, complete.... ? Lockport to Durtalo. complete... ... =2 Ju,; '? '? '? ?? ?' ? ??".ftu.?7o'^^ >00 Total ~? Several other lines are about being iram^uito with \fln Contract' One of these will connect with Montreal or St. John's. One will probably be constructed, connecting Springfield with Al oany or Troy. w? are glud to learn that the great Southern line is to be commenced immediately. The vast importance and benefit of the tele graph, is but just beginning to be felt. It is be ginning to be u>ed as a medium, not only of busi ness communication; but also in the various so-" c?.l relations ol life. The mode of Uon so novel, so complete, and so instantane ousthat people employ it for sending messages tothe.rfnends m another city, abont everv dav household affairs. But in a commercial point of i?w. the advantages are incalculable. These them fUUy Rppre8iated without enumerating The rapidity with which news is now conveyed rom the scat of government to this city, is ano ther striking .1!,, st rat ton of the utility of the tele grap j. During the late active operations of our army on the bank, of the Rl0 Grande, the anxiety of our citizens for intelligence from the seat of war, was raised to the highest pitch; and although ,t was satisfied by rapid interchange of intelli gence between Washington and this city, owing 'o the enterprising effort, of the cash paper, to keep the public advised, at the earliest possible monrient, of whatever transpired nt Washington, in relation to our gallant army, yet, if the commu tation from New Orleans to this city had been unbroken and complete, how much moro satisfac tory would it have been to receive the news as ?oon as it reached the metropolis of the South But the actual saving of our government from the existence of such a line to our Southwestern border has been strikingly illustrated by the fact that all the expense incurred by the colling out of the volunteers mustered by General (iaine. might Wn saved' had govcrnii. nt had hourly communication with that officer. The space of a fortnight?thr time occupied in mutual commu mcat.on by letter between Washington and New b?m n tT' have been annihilatetl. had there 8ft?pbiC cotnniuincntioii between t|.f te-oone. n?d ,h? wou|d JJ? ''o'Lttr?. noeording ? ,i,e? 0<r """ m?" ">?? ".iBoent ,o construct sasa'KSE: ^ This fact speaks volume. itl fllvor ol tho ZTT'* ?f and we P *? before many month* (,t r?, "asily be effected before the next sessile? *"?) an uninterrupted communication between our North-eastern and South-western borders ,k 1 J* n? meaj'S an ut6P?n Prospect, and i such a communication we cannot but pro mise ourselvoe incalculable advantage*. We will ?oLnTT ?M' 0Ut ?f ** benefits, likely ll~the ea,e with which tl? viLiay of forgers, burglars, defaulters, and mi? in .ve. ??"??< " Ph^Wrhin, Baltimore sr- txit tirr' ?* *?' apprised of thereat,, pmg out of the cars, or boat, as the caJZv ^T ? arrested, and his evil designs ata fn... , / Hi. travels before L ?lie hghming, end the consequence, j be face when b? thmks himself most secure A* * proof that the enterprise of our eitu wis ' oar institution., ? called into exec CIS* more than iu countries where republicanism does not exist, wo may ?,etttiul, fact that i? England there aro but a little more than cmo hun ? <?<?,! miles ol telegraph at yet constructed, and in r,irttl0 m?r*' notwithstanding the vast ol these countries, and the power of the governments. Who can say but the telegraphic nes may yet extend Iroin the heights of Queens ow ^ ''ie halls of the Montczumas? With J?se telegraphic wires running from Ca nada to Mexico, and from the Atlantic to.he Pa cjHe the social relaUons of the people become so closely interwoven, that it will be impossible to interrupt the peace and harmony of the Union. The bci-PosED Difpehence of a EtraoreAM avi. am American Education.-U i, not uu un usual thing to hear the remark, that suoh a one anEurTH ','U~he hnslm<l advantage of an Europe??-edjicatioii." It is also very common t?^f,mOUrJOarnaU'the *^vert'Be,n*nts of a eacher, setting forth as a prominent recommen dauon, Uiat ? tlie advertiser has taken his diplo ma from an European college." A few remarks on this subject may not 1* ami?s, and doubtless may save some one the ex peine of a journey across the Atlantic. ed,i^Btv!5k UpOnth0 ?piDion? thot ? European n com T! ""penor 10 on? obtained at home, ns a complete halluc,nation-a popular error. We could prove it so, would space permit; as it i, ?e only otter a few suggestions. In an European Sey?tl 1 lT?n ia ,beoreticttl- mean in ^r. . A m 18 taUKht ^'onxetryin theory d"Ao?> ?? nine cases out often, he will he found incapable of measuring an angle with the simple protractor nnd what , worse still, he will be unable to ^U J u the object of its measurement. He will also study trigonometry, and after having, passed through his course, he can handle neither quad . nt, theodolite, nor compass! So with mecha nic, hydrostatics, hydraulic-, &c. He cannot apply a single theory he has learnt in any of these citmes, to the practical uses of life. S? far as his ttme has been employed, he might just as well have spent it in playing dominoes, or solving Chinese puzzles. Let it be understood tffat we speak of the mass tliere are exceptions, of coursc. There ! are many individuals in Oxford, Cambridge fcc. Who spend seven years in ,he stu.lJ I of mathematical science, and whose know ledge haS become so profound, that the practical application is easy; but who among ir.ll X ? Wa3tC much ,irao upon a smgle science ? 1 Now, in connection with all this theory, hi an American school or college practical rules are in c ideated; and many of our students come forth on he world, good surveyors, architects, and by their ? a industry, may soon acquire a complete know ledge of engineering. 1 here can be no better illustratiou of what we have brought forward, than to compare the geo metrical text books of an English and American college. In the former wo find Euclid, in the lat ter Davies translation of Legendre. The demon strations of the Greek geometrician, would con fuse the clearest intellect that ever existed; and mm the begming to end you will not find one hint as to the object for which you are cramming your brains with so much theory, nor will your English professor enlighten you on this sub ject. The demonstrations of Legendre, on die other i. nd, are dear and concise, uiitfcm almost every page you are reminded of a practical application. ? gam, in aa English college you aro instructed in ancient logic, modern logic, and metaphysics, t he absolute inutility of the last mentioned branch of study* becoming everyday more apparent; but the man who could listen to a course of lee ures upon the two logics without imagining him bjack m the dark ages, must be possessed of a very dark intellect; and yet these branches ofcdu- ! cation lorm a prominent course of studied in an I English college. Again, m an English university you study clas- j !?<?* is your own fault if you do not become 1 a thorough classical scholar. In an American j .chool you gain but a superficial knowledge of i this branch of education. Now, here again we . advantago is in favor of the American student. What great minds have been lured away from the path" of science-what energies have been misd.rected, and intellect wasted by this tedious, and to the human race, absolutely ! inutile study. Mankind has received little bene fit, but much hindrance, from this excresccncc of the dark ages. It has been the great barrier to all modern progression-but for it, we would now, i m all probability, travel in mid-air-steam would ? hn\e been superseded by some stiU greater and j less expensive source of power, and science, prac tical and theoretical, would now occupy a posi- I tton which it will yet require centuries to attain. I We might draw many other comparisons be- ! tween European and American systems of edu cation, which would result in favor of the latter There is no progression in an English college, no eye to the utility of any branch of study?it is taught simply because it has been the fashion not that a man may make use of it afterwards in obtaining his "bread and butter." Euclid is used as a text book, because it has been always used as such; classics are taught because a man is not considered an educated man without them. These are the ridiculous dogmas that have kept up, and will continue to keep up, the old "dog trot' systems of European colleges. On the other hand our home education is more practically useful fitting the man for the every day business of life. It is more scientific than classical and to this arc we indebted for the thousand improvements in the mechanic arts that are witnessed over our land-and although as yet m onr actnsjutf nil ft. we are enabled to cope in invention and improvement with the oldest na tions of Europe, whose vast wealth empowers them to call mto their service the ablrst intellects of tlio fl?C And yet wo are classic enough to cope with some of the best classical scholars of Europe. f ravel to Boston.?There are now no less than five routes open between this city and Boston. All but one are old thoroughfares. We therefore speak of Uie Ilartford, New Ilaven and Spring field, as a new route. It is a very pleasant one, and Inr a chang*. as well as for other reasons, will be much travelled over. Th#se who^itend to visit Boston can leave here at six o'clock in the ?morning, and reach their destination in the even ing. DiartNOtTOHZO Abkivals.?The Hon. Daniel and Mr#. Webster arrived at the Astor House yes terday from Washington. Mr. Webster proceed ed by the evening conveyanoe to Boston. Tins Remains or Mr. Melville.?We are in formed that the remains of Gausevoort Melville, Esq., late Secretary of Legation at London, arri ved by the Prinoe Albert, yesterday, and have been conveyed to Albany. The funeral of the de oea?ed will take place on Sunday, tho 33th inst., at 6 P. M , from the residence of hit uncle, Gen. Peter Gausevoort, Washington street, Albany Fakcical.?Th? trial of Justice Drinker conti nues to drag its w*ary length ideng, at an expense to the city of over one hundred dollars per day.? We think it would be economical for the Com mon Council to give every ono interested a plate of soup in the shape of a g^od fee, to induce them to move faster, onH have done with the farce. Tin Bute.?The letters of Gen. Games to the War Department prove that the heart of this old soldier is in the right place. Nothing can detract from the honorable character of this old veteran See hi# last letter in another column Important from Mexico. THE INTENTIONS OF GENERAL PAREDES. ADDITIONAL INTELLIGENCE FIOM THE ARMY OF OCCUPATION. innoB or aair. vatloi, it. it. ie. The brig Lady of the Lake, Captain Wyngood, arrived last night from Bermuda, with the Royal Qasette ofthe 18th instant. That paper, of the latest date, oontaiiu some additional intelligence from Mexico, which will be found of some interest or importance. It would seem that General Paredes proceeds to the North, fur tht yurpate of effecting an arrange ment with General Taylor. [From the Bermuda Oszette, June 1*.] The royal mail steamer Tay nrrived yesterday fio.n Vera Cruz, which place she If ft on tlm 2d instant. Having been favored with the following information by a passenger, we hasten to lay it before our renders i Tht Pr?iAent Paredei it (Ml 10 id. toot to leave Mexi co with 10 000 men for the North,it> endeavor to effect S"*S arrangement with the ^jnericant There vdl muck laid ^ about a revolution in favor nf Snnti Jin**. Tho blockade of tho ports of Verm Crux and Tamplco was declared on the 20th ultimo. At Ta:nplco. the notice of blockade *u aent to the I foreign consuli resident there i and on application beln^ mule respecting tho Royal Mail 8t ?am Packet*, the commander (Captain Saunden) of the American blockading ship, stated that they would be allowed to | In ml their mail* and passengers. but not quicksilver or any kind of merchandise, uor would they be allowed to ?mb:irk specie or merchandise. In Vera Cruz, no notice of blockade wai given to the foreign cousnls, whioh had caused great umbrage to the mniority of thom?hut notice was lent to the cap tains ot'all tho neutral vosselsof war (French. Spanish, ! and English) anchorod at Sacrlflcios. The commander 1 of tho American squadron states that the royal mail ! steam packets would be allowed to communicate and to land their mails and p^sseugers, and to Uke specie, (which is at variance with tho Tampico instructions) ? but as respects any other kind of freight they wait the arrival of the American commodore for further instruc tions. The packets will not be allowed to carry Mexican passengers from port to port within the republic. Fif teen days were allowed all neutral vessels to clear out ; and as this term expired on the 3th instant, all the princi pal families were leaving the town expecting an attack ' would be made on the Castle of 81 Juan de L lloa. j Yturbe, tho new Minister of Finance, suspended tem porarily all payments in the custom house, and proposed to the creditors to cede one-half, to be divided amongst thom ; but as the various contending interests could not agree upon the proportions, no arrangement was effected, 1 and the minister resigned. Antonia Garay was appointed i the new minister tho day the express left Mexico, and General Mora Minister of War. I Vera Crur was very sickly, and there were probably as many ns 600 troops in the military hospital, and ? pro portionate amount of sickness in the town. ! Altogether there were about 3,300 troops in the casUe and in the town, under the command of General Bravo. The American bark Eugenia broke the Americen blockade, find placed herself under the Mexican fort. She was repeatedly fired upon by the American cor vette, but being a quicker vessel, she ran under the castle, which was Immediately manned for her protec tion. The collector of the customs would not permit her to land her cargo, until he received Instructions from the city of Mexico. The United States steamship Mississippi left \ era Cru* a few days before the Tay, with the United States consul for Mazatlan and Vera Crux on board, for ihe United States. . . , . H. M. 8. Rose was the only British ship of war at Sa crificios. . , . The Tay has on board about $3,000,000 in specie and bullion, and about $500,000 in produce, and 34 passen gers for England. [From the Mobile Herald, Juno 19.] The steamboat Fashion arrived here yesterday from Brazos Santiago, whence she sailed on Sunday last. ?e j are indebted to Mr. Harrington, one ofthe delegates from the Louisiana legislaUon, to convey the sword presented by that body to Gen. Taylor, for the latest news from the army, and a report of the ceremonies on the occasion for which he was sent. , ? . The army was in fine health. General Taylor was j waiting the necessary transports in order to move on to t'umargo. Tho river is rapid and shallow in places, so that vessels drawing ofeV four foot water would find dif ficulty in the point of destination. Tho main bodv of tho regular army is on the right bank of tho river; Capt. Desha's command, and the Washington and Jackson regiments of Louisiana volun teers occupy the let I bank. Gov. Henderson, at the head of about one thousand Texan troops, reached tho banks of tho Rio Grande on the lOih inst. Seventeen warriors of the Tonkaway tribe of Indians accompanied tho Tex ans. The sight of those Indians created much alarm to the inhabitants of Matameroa and its vicinity, as they fear that Qcu Taylor will lot thom loose upon them. The w ater of the Rio Grande is very similar to that of the Mississippi. The soil is universally sandv, but capa ble of producing every variety of tropical plan's and j fruits. From the loose natm o ol the soil, the river fre quently changes its channel?but thirteen years ago the city of Matanxoros bordered upon the river, now it is at , the distance of nearly a mile Irom the river. | The Alabama companies, St. Louis and Louisville ' ! Legions are at Brasos Island. Col. Dakin's, Peyton's, | : Davis's, and Featherston's regiments of Louisiana voluu- i i teers are at Brazos. The Fashion left the Brazos on Sunday at 6J o clock, reached the southwest pass Wednesday morning, where i she received orders to proceod to Mobilo. Stopped at j tho Balizo to land passengers, and reached Mobile yes- , terday morning. ... The committee appointed by the Legislature ot Louis iana to present the resolutions and thanks of the General Assembly to General Taylor, arrived at Matamoras on j the 8th instant, and were presented to the brave old chieftian at 11 o'clock, on the 8th, by Colonel Labuzan, one of the aids of Govornor Johnson. On being present- j od to the General, his staff nnd officers of the army, the Colonels and their stall who were Invited to be present on the occasion, Mr. Zacharie, chairman of the commit tee, said :? " General, I have the high honor of presenting to you the resolutions and vote or thanks, and the act, appropri ating asword, which were unanimously passed by the Stato of Louisiana, to you, your brave officers, and the armv undeJ your command, for the gallantry displayed i by thom in the battlos of the 8th and 8th of May. I atn ; no orator, General, but my own heart and the heart of i every Louisiannian approves of the beautiful sentiments i of these resolutions, in bohalf ot the State of Louiiiana, ! I thank you nnd your brave army for the additional lustre which thoso glorious victories have shed upon j American arms."' ... , I To which the General, briefly, and with much emo tion replied s? ........ I " My heart feels too deeply and sensibly the high honor that has been conferred upon me, my officers and men, to respond to your expressions of gratitude an 1 thanks. I always lelt assured that tho patriotic State of Louisiana would be smon^ tho fir .t to rush to the assis tance of our little army in time of need. I well knew, as did also my officers and men, that she was a gallant, brave, and noble State; that chivalry, noble daring, and ardent patriotism were her hich attributes. Her volun teers have already abandoned their homes and business, to assist us in the* hour of danger. We feel adeepdebt | of gratitude to them and to you. The generous and timely action of the Legislature of Louisiana will never be forgot ten by us ; its name will be embalmed in our hearts as a cherished memorial. We feel that we have only done our duty, yet we cannot but feel highly gratified to have : gained the' approbation of our fellow-citizens. Together with the love of country, which is common to us nil, it is that approbation which cheers ond animates the sol dier in the hour of battle. Gentlemen, I am unaccustom ed to public speaking. I, therefore,in the name ol my officers and men, thank you and the patriotic State which you represent for the honor conferred upon us." | At the conclusion of his reply, the geaeral invited the committee and all present to a splendid collation which , he had ordered to be prepared for the occasion, and to which amplo justice was done. Numerous toasts were drank. Mr. Zacharie gave " Old Rough and Ready long life to him." Mr. Carrigan gave?"'General Taylor?AmfUdni has at least discovered that he was a Tailor w ho understood well how to take his measures, and that the officers and armv under his command had shown to the Mexicans and to tho v. orld that they perfectly understand the art ol making breachte" Dr. Ashbol Smith gave?"American Independence -it whs proclaimed and maintained by the heroes of "6. It was confirmed upon the plain of I halmetle in II 13. It we a again asserted and maintained in IS1C, at the battle of St Jacinto, and in 18M will be thoroughly established throughout tho whole extent of Mexico. Rev. Mr. Crenshaw, ( haplsin of the Andrew Jackson Regiment, gavo the following : ? The I hurcli and Rtite, miv thev never be united? We will pray for the one, and fight tor the other." The lauies and volunteers of Louisiana and Alabama were severally toasted. The next day the committee were Invited to a dinner given by the officers of the army at the head quarters ol General Arista in Matamoras. Colonel Twiggs presid es. General Taylor was present A band of music per formed occasionally on tho gallery, and hundreds of the citizens of Matamoras thronged the rlaza to listen to the exulting aud joyous strains. Governor Henderson of Texas, and suite; together w itli Ashbel Smith, Generals Hunt, Johnston. Cook. Burleston and others were also present The festivity was kept up until midnight, and right merrily did the wine sparkle around the board, intermingled with toasts and songs. This was the first tine since the the battles of the 8th *nd 9th of May that the offioers had met together as a body upon a convivial occasion, and you may depend the shots directed by them wore as effective aa they were a month previous, although there wore not so amy killod or wounded. TXm Military Preparations for the War wtth Mexico* The Liburty (Mo ) 7Vi4u?? a*ys the mounted company re/jujrad of Clay conntv htm raised immediately. and if it had been permitted. aereialothercould have been tilled up without delay. f.'on Doniphan is raising 1 l.irge volun teer force, with "the \law 01 holding it ready for any frontier aervice which in*y be required. The extreme desire roanifeit for military lile at the present time, ihowa how strong our republic ia at thia moment; and that it if prepared to encounter any power on tha globe which may aaaaii ita intereat or honor. The St Jotrpk't (Mo) Gttttl* says intelligence has been receirnd that the .Mexicans ara fortifying Sent* Fe Ifaval Operation** The V. 8. ship Pennsylvania, (i-jOgaoa) *t Norfolk, the , V f ship North Carotins Oi guaa) ?t New rock, and , the Ohio, OA goes) at Boston, are to be repaired aad fitted for sea. 0 ders have been received at the Boston Nary Yard to j prepare the Frauklmas a receiving ship instead of tlie Ohio, which vessel is to be taken into the dry dock u soon a* the Independence 1* token out A draft of fifty teamen from Boston, arrived at the navy yard, Brooklyn, on the 36th, In charge of Lieut. Kuox, suliag Mater Morse, and assistant A. J. Morehouse. BI iMcllanaou. GENERAL GAINES TO SECRETARY MARCY. Head Quarters, Division, ) Nr.w Orleans, June ?th, 1844. ) Sir?I hare to acknowledge the honor of your letter of the 38th May?iast month. It was with surprise I learned the Deportment of War regarded with disapprobation tho request made bv me upon the Governors of Kentucky and other States lor as- i sistanoe. At the time it was made (the 4th of May last,) j Gen. Taylor was in the most critical situation. He had been left with neither adequate mean* or men to sustain tho national hooor?opposed to an army nearly four i time* as strong at his own, and cut oil'from hit military j storm. j The country was uncertain whether he could escape destruction. By his own gallantry, and the indomitable ; courage of bis officers and men, and the providence of i Go.I. he extricated himself from the difficulty. At this I crisis he requested troope to he sent te him with all possi- ! ble despatch. As commander of this division of the Unl- j ted States army, 1 immediately sought the moans of meet j Jog his wishes. And I would have deemed myself i recreant to my trust, and meriting dismissal from the service, if I had postponed action on the subject for two I weeks, until orders could hare been roceircd from , Washington. The War Department may deem the number of troops j , asked by mo as greater than the exigency required.? j I This I must confess would astonish me, as the War Oe- | j partment asked and procured a bill authorizing the lery ! of 60,000 volunteers, and appropriating ($10,COO,000) ton ' miilioiis to meet the seme exigency. The War Department seems to be of opinion that there | is no discretionary power lodged in mo to act without i positive orders. I, therefore, would ask for information ; ?if a servile insurrection should occur?if an irruption ; should be made by Urge tribes oflndians?if a swarm of steamers, with Paixhan guns, were seen hovering about j I this sea-coast?or if a general, at the bead of a great part oi the army of the United States, upon the irentier of a . neighboring state near me, should ask assistance, would it be my duty to refuse all aid until I should hare receiv ed orders from Washington ? I humbly conceive that the latter case has existed within tho last month ; and if I have erred in deeming General Taylor and his army in a situation so hazardous as to demaud immediate succor, 1 it is an error under which the country, the Congress and the War Department have equally labored. Had assist ance been delayed by me, and haa General Taylor and his army been cut off, I would have regorded it a% an in delible stigma upon my name. 1 am aware that the exercise of tuch a discretion mutt evei be at the peril of the officer exerciting it That peril I can uerer hesitate to incur whenever the welfare of the country demands it. If I exercise it unwisely, I am willing that my commission should be forfeited ; or if I exercise it vainly, or for dishonorable purposes, I am i willing to be shot 1 am more than willing to abide the i consequences of my conduct in this matter, confident as I am tnat I have not transconded my duty, er acted with greater zeal than the emergency required. If the bat es of the 8th and 9th of May, so well contested as they were for a time on both sides, had resulted in the loss of Taylor's army, it would have plunged the whole Union into deep mourning?and into that most poignant of all human griefs?an abiding sense of self-reproach for the settled and cold indifference with which bis want of competent force and supplies had been for months wit nessed The talented and gallant Oeneral I)e Buys, who for a long time commanded the finest division of volunteers I have ever seen since the war of 1814 and '16, and who, I j am sure, has no superior for the command of this descrip- | tionotforc- vthL.Texada.Efcq ,one of the most promising j young mn.T./6rs of the legislature, and the talented Judge Bryce, were not, as you seem to suppose, private ' citizens. They were Louisiana volunteers, and gentle- j men of high respectability, and were appointed by me to act as officors of the general staff?upon the aame princi ple that the distinguished Edward Livingston, A. L. Dun- ? can, and John R. Grymes, all first raie lawyers, were , appointed by Jackson to act as staff officers. Jackson's object was, as my object has ever been upon ! such occasions, to maintain the great principle upon i which the defcnce and the independence of our beloved Union must forever depend ; that to be a private volun teer is to hold a station of high honor, whence an act ing general stall' may, with strict propriety, be taken and put on duty in the absence of the regular staff of the army. There appointments, und all the measures taken by me i to which you object, were deemed by mo as essential duties, and discharged by me upon principles sanctioned | by tho greatest and best of men ever known to me, some j oi whom took their degrees in military and political j science in the school of our beloved Washington, Greene ' and Knox ; and in the more civic school of Jefferson and Dearborn, and Gallatin ; aud though last, not least, in the school of Madison, Eustis, Dallas, and Armstrong, Mon roe, and Calnoup, the matter spirits of tha war of 1819 to 1814 and '1?. Be assured, sir, that 1 will obey with much ploasuro the orders oi the President of the Unitod States, accord ing to my oath of office. As to the repiimands with which you have honorod me in the last year, and in the | last and present month, although they strrke me as no- . veltics not being warranted by the sentence of a general j court martial, yet I carelessly submit to them, as they | i-eem to lie a sourco of pleasure to the War Department, : and certainly inflict no injury on me. I can conceive but one motive for their frequent oc- ; currence, and that is, that my name shall b? to bandied ! before tho country, that the public may be prepared to 1 see with indifference, my name passed by in silence, if 1 more distinguished officers are created in the army. If this is so the labor is useless, as I may very soon bo un able to discharge the active duties of my profession i (though long in the enjoyment of excellent health) for I | am already old, of a contented disposition, and have re- j ceived sufficient distinctions during my humble life.? ! Not the least of these distinctions do I regard the late prompt war measures of Congress and the President, and the noble-hearted LouiManians, and other whole- : ?ouled Western and Southern men, in not only indirect- < ly, butexpreisly, generously, and unanimously appror- j ing my conduct in having, tor many months, urged the adoption of the principal meaturet wkich hare recently j boen carried as by acclamation. ? 1 do not with to have tho place of any general,or other 1 officer, known to me. I, sir, wat born at a time and reared among men who had not learned the art of marching to distinction by trampling under foot the claims of their doarett friends or brother soldiers. Very respectfully, yours, EDMUND PENDLETON GAINES, Major General United States Army, Commanding the Western Division. Hon. Wm.L Marc>, Secretary of War, Washington City, D.C. Incident*, dec., of the War. The S.Mtiii Family i.i Mexico.?Scene in Gen eral W 's Tent.?A very warm day made the almost constant " Gulf breeze" particulaily re- ' freshing ; ono or two fiel<*officers had met in Gea. W.'s t?nt, to speculate upon what would be *' done next" in tho " Mexican war." While thus engaged in conversa tion. a Mexican lady, plainly but tastefully dressed, sud- j denly interrupted the gioup, followed by an attendant, , ' and a nurse bearing a child of an exceedingly kltnd* ap- j peamnce. The officers rose instantly and offered her a ! [ chair, her companion placed herself in its rear, and the I nurse kept herself outside to amuse the Javorito. The 1 lady spoke eloquently and understandly with her eyes? ; " I camo for some information of much importance to i myself,"?her tougue spoke it in Spanish, aud, although j it was as musical as falling water, it was as indefinite in particular meaning to the cart that heard it An inter preter was instantly despatched for, and soon made his appearance, when the following conversation ensued :? Lady?"My name is Signoia Soledad Ortega, and I came to enquire for my husband, who it an American : ; he left, just before the battles, for Corpus Christi, ana lias not yet returned." General?" How long tince you taw him." Lady?" Three raonihs. It is three years since we 1 were married, and 1 am ignorant of what keeps him away." General?" He is detained, probably, on important bu tineas, and I trust will soon return; perhaps 1 may, by hearing hit name, recognise an acquaintance." Lady?" His name it Don Sraeith.' A tall rawboned yankae rote up in our imagination, i who had the enterprise to go to Mexico to make a for tune, get a rich wife, and improve the country, but the partic ular yankee was not tuggested. Gen. W. replied that he was not per tonally acquainted with tho lady't husband, and expressed a sincere desire that he would soon return; the conversation then became desultory, and the lady showed she ?as truly American in heart, as well as her husband. She stated with earnest simplicity of mnnnnr, that throughout the bombardment of Mata moroa she was certain her house would not be struck by the cannon balls, because sho was herself Americano, and because of her child. She said, while the daik Cat tilian blood rushed to her cheeks, that when she heard the firing on tho battle field, she prayed to the Saints that her husband was in the battle fighting. The lady then descanted upon the cheap goods the Americana i were selling in Matamoros, and said it was a good thing tliut such was the case ; the nurse then bro>gnt forward the favorite, whose name the lady, in the sweetest tones . of the Spanish voice, proclaimed to be Felipe Ortega , Smeith. and then rising, she adjusted most gracefully her beautiful reboxa, and bade the party adioi, and dis appeared.?.V. O. Tropic, Junr 18. Patriotism.?The beuuie oi Maine has passed a law that all volunteers in the war with Mex ico shall receive one hundred acres of land after it 1* ovr r. An excellent move. ThrWa*. m Boston.?The city gov ernment of Boston have ordered a grand piece ot' tire works for the Fourth of July, representing the bombardment of Vera Cruz. The annexation of Texas was powerfully opposed in ihat city. 8oMrrntK? or A Cmr.?The Mayor of Brooklyn has no loss tban three proclamations in the pub he prints. Another to light the streets would not be amiss. _____________ Oosak Stxajcxils ?The h>bcrina, from Boston, for Liverpool, touched at Halifax on the 18th inst She was forty hours from Boston. Unpleasant.?To be a candidate for a lucra tive office?a eollectorship, for instance?and af ter recoiving an assurance of success to bo left in the lurch by one's own particular friends. Political Movements. Visoioia V. 8. Simroi.?R. M. T. Iluntsr is receat mended by ? writer In the Richmsnd Enquirer, ss the ?s*t I/. 8. Senator from Virginia, ia rises of Mr. Arefcer, whose term expires on the 4th or Msreh neat. The Locos sight make s worse islsctioD. MeesrsDromfoole, J sees, Per. Wk sad others, sre kwidas fsr tfce pies* ThaatHctl wd HuMaL Fa**.?Mr. Marble's benefit, last evening, drew toge ther a capital house. The performance* consisted of " Jonathan in England," the " Forest Rose," and the " Stage Struck Yankee." Mr. Marble appeared to more ad rentage, last evening, than on any former evening of hi* pre tent engagement, and the audience appeared highly delighted with his fun and humor. Barry, Fl?h er, Dyott, George Andrew*, Mr*. Vernon, and Mis* Kate Horn were, o? uaual, excellent in their respective parti. This evening the performances consist of " Sam Patch in Franco," the " Stage Struck Vunkee," and " Black Eyed Susan " We ere happy to be able to atate that the old New Vork favorite, Mrs. Hunt, is to appear on Monday evening. Bowkrt Theatbf..?The " Wizard of the Were" was related at thia theatre last night to a good houae. As usual, so magnificent a spectacle was not received with out great applause. The " Spectre Bridegroom" elicited ahouta of laughter, and the audience appeared highly de lighted with the entertainments throughout A capital bill is presented for this evening^ in the grand dramas of the " Myateriea of Paris," and " Don Juan." The enter p rising manager, Mr. Jeckaon, seoms indefatigable In sustaining tho attiactions of the Bowery, aud merits the full hou*e* he obtains. Gbf.enwich Theatb*.?-This fineup-town theatre con tinues to be well patronized by fashionable audiences, who are highly pleased with the performance*. The bill last evenhg was a drama of great interest, called "True Blue," and a laughable afterpiece called "The Devil's in the Room," together with dancing by Misses Pray and Deering, and songs by Mr Dcnmaon. Thia evening, a One drama called "The Soldier of Poland," and "True Slue." We are glad that the residents of the upper part of the city patronize this pleasant plate of amusement Castle Gabden.?This beautiful resort is beginning to be fully appreciated by the public. The entertain ments are rich and varied, and the |visiter cannot fail to enjoy himself. Those who love choice instrumental and vocal music, will theie enjoy a rich treat, in the perform ance* of anorchestr? that cannot be excelled, and in the Hue singing of Mr.-Holman. The saloon is spacious end beautifully decorated, and it is always delightfully cool. The ice creams, juleps and other refreshment* are capital Thi Automata at Gothic Hall.?These wonderful automata attract crewdi of curiou* visiters, and the ex traordinary (kill and mechanitm, that aro display ed in their construction, strike the beholder with wonderment. They are the most perfect specimons of art and ingenui ty in this country, and probably In the whole world.? Those who neglect the epportunity oi seeing them will have reason to repent it. He*b Alexander? This celebrated German matter of the black art grows in popular favor, as may be per ceived from the large house* he draw* nightly. He is universally acknowledged to be the most accomplished magician that ever performed in thia country We would recommend all who are inclined to doubt the truth of thi*, to visit Palmo's opera house, and we think they will agree with u*. Allcohanians.?1These delightful vocalists rive an other concert, at the Apollo Saloon, on Monday next. There can be no doubt they will have a crowded house. The bas* voice attached-to thi* company is powerful, yet sweet and pleaaing. O*o. Vanoenhoff.?The Montreal Herald of the 34th instant **y*, Mr. Geo. VandenhotT, son of the celebrated tragedian, and himielf an aetor of eitablithed reputation, ha* arrived in Montreal, preparatory to a tour through the Province; and we are glad to near that, du>ing hi* short *tay here he will gratify the lover* of dramatic literature, by giving a Shaksperian reading. Leopold de Meyer wa* expected in Pittsburg thi* week. The people of the "Iron City" were all on tip toe to hear him. Madame Picoii giving concerts in Hartford. City Intelligence. Them Benches.?Hejolce, O ye nurse* who have here tofore stood with babie* in your arm*, watching the play ot the fountain ?ith the hot sun pouring upon you. Re joico, O ye little boys who after racing for hour* lound the fonntain, bad no place to reit Rejoice, O our sentioiental friend who has stood there in cold winter evening* gazing alternately at the water and the star*, drinking in with every breath an inspiration which common soul* cannot comprehend. Rejoice, all manner of people, for " them benches" are at last erected around the Park Fountain. They are plain, narrow, lead-colored wooden benches, without any back* to them, and look a* unromantic a* possible. In a few week* they will he covered with the name*, of those geniuses who take advantage of all such modes of immortalizing themselves, and hack and hew every wooden thing they can find. We are glad " them bencne*" are erected. Sloop of War Albany.?This new sloop of war will be launched from the Navy Yard .at Brooklyn to day at 11 o'clock. The steamboat Delaware goes ronn<l on an excursion, giving a fine chance to witnes* the launch. Another Launch.?The new steamboat now building at Hull's Ferry, will be launched today at 14 o'clock.? She waa built by B. C. Terry, and ia owned by George W. Coffee. She i* to be namod Joseph E Coffee, after the enterprising proprietor of the West street foundry. She is a splendid model, and reflect* great credit on her builder. Thcndbb Shower.?A fine little thunder shower came up on Thursday night about 11 o'clock We teidom saw more vivid Aashe* of lightning, or heard more muii cal reverberation*. We pitied the people who were la*t asleep and couldn't enjoy it Caution to Parents.?A fine child, son of Mr. Wm C. Resing, of Williamsburg, very nearly met his death an evening or two ago, by tho carelen* administration of a large dose of laudanum, instead of a cordial, tho opiate having been put in a vial which had contained the cor dial. The child was barely *aved bv the timely aid of a physician, and the usual application in such cases. Such carelessness cannot, however, be too strongly censured. Parent* and nurses should be very particular, in the use of medicine with children. Church street.?We would call the attention of our city authorities to the condition of this street, between Murray and Barclay itrccts. The mixture of macada mizing and block*, as a ipecimen of fancy paving, i* very varied and curious, but a* being for any definite object it i* rather a failure. Tall Fishing.?The passenger* of the ste*mer Dela ware, out on a fishing excursion yesterday, caught up wards of ft,000 fish ot the first quality. Commend us to tho Delaware and the fishing banks. Excursion.?The steamer Oru?, Capt. Price, leave* for Shrewsbury and the Lbwer Bay, to-morrow, at 7 A. M.? A fine excursion. Tried to hang Himself.?A poor follow, named John Sullivan, apparently insane, was found yesterday morn ing by one of the policemen, in Spruce street, dragging about a vacant apple stand, which he had fastened by a rope, one en I *>t whic'a wai a'>out his neck He had tried to hang himself, and in doing so, dragged the stand clear into William stieet. He was taken to the station house, and In the morning the apple woman appeared against him, accusing him of having stolen her stand. Suicide at Sino Si.xo.?The Polander, Cominiki, who wa* sentenced to ten year* imprisonment for arson, and went to sing Sing on Wednesday, committed suicide by hanging in hi* eel), on Thursday night Couoner's Office, June 26? Sudden Death ?The Co roner held an inquest at the residence of Mr. Charles Riker, 84 Third avenue, on the body of Eliza Riker, born in New Jersey, 40 year* of age, wtio came to her death by diseaie of the atomach and liver, induced by inebria tion. Al?o, the Coroner held an inquest at Bellevtie Ho pital, on the body of Rohert Rice, bern in P.nladelphia, aud 4A year* of nge, who came to his death by drowning. Movements of Traveller*. The following list from the registrie* of the principal hotel* yesterday, is but an abstract from the numerous catalogue recorded at each : ? American?Mr. Wilson, Boston; C. French, Sing Sing; A. Hasbrouck, roughkeepsie; R. Heath, New Orleans; Mr. Anderaon, do; w. Smith, (J. S. A.; Mr. Sprsgue, do; D. Brewiter, Mobile; J. Hagan, New Jersey; Jacinto F. Leal, W.'*t Indie*; J. Hastings, Boston; C. Tompkina, U. 8 A.; R. H (lowland, Rhode lsl*nd. Astob?J. Howe, Boston; W Mackay, do.; George Thatcher, St Loui* ; H. Sheddart, Massachusetts; E. Briggs; Boston; J. Dowie, England; Mr. Burnaide, Maur chusetts; Hon D. Webster, do; T. Ilaly, Baltimore; G. Houghton, New Orleans; T. LeonarJ.Maasachusett*; W. Denu, Ohio; J Prentiss, New Vork; 8. Austin, Philadel phia; W. Stewart, Lantingburgh: W. Child*, Boiton; C. Francis, Albany; J. Thomer, Philadelphia; 8. Mustadt, England; H. Coperthwate, do; A. Smith, Connecticut; T. Peterson, Philadelphia; W. Ma*on, New Orleans City?W. Parkman, Benton; Rer. Mr. Edward*, New London; J. Acklev, Massachusetts; H Hamlin, Boston; Sam'l Pierce, do; W. Cassedv, Albany: John Montgome ry; Philadelphia; H. Fritz, do; Rev. P Haliotvell, do; J. Moore, do; Itev. Mr. Shannon, New Jersey; Air. Bradish, Kingston, Jam; H.J. Wallace, Louisiana; j'Bonen, Balti more; E. W. Lewi*, Philadelphia; R. H NefT, do. Fbanklin?Wm Boy d, Boston; G. W. Christian, Buf falo; W. Denton, Boiton; N. P. Smith, do; J. Bailey, Co hoe*; N Crittenden, Ohio; C. Bray, Boston; B Lathan, Ohio; P. Chamberlin, do; J. Walker, Erie; C Graham, do; 11. Mitchell, Norwich; S. Stimpson, Wisconsin; N U. Taylor, Louisiana; W. White, Hudson; A. Vandler, St Loui*; T. Wilcox, Alabama: R Averill, Connecticut Howard?J. Brooks, New Orleans; P. B. Tyler, do; D. Daly, l aUkill; E. H. Hayes, Kentucky; Mr. Burke. Boa ton; A. Brown, Worcester: 8 Bryant, Boston; W. L. Wood bridge, Detroit; J Hacker, PbUadeiphit; P O'Neill, Toronto; J. Jones, Alabama; S. Griawold, Boston; D. Perigle, Salem: F. Collin*, Philadelphia: J. Brewster, Orange Co.; J. rarrott, do; Gao Davis, Hartford; L. 8 Wood, W. Starr, Baltimore; B. Thayer, MatcachuseU*. Mule Hair Dwo.?Red or Grey Whiskers changed to a heautifal Mack iptt?ofaneou?ly, by ihe applica tion .>1 Phalon'a Hair Dye. ( ,'ouutry gamlemaii can hire abonU l#rwaiW thtra by tiprett or uiherwiae. by tending iheir nrdera, eaah eucloted, to K. Pbalon, (I. under Judaout Howl, Broadway. Price $1 per bottle. with full di rection* for uh accompanying each Rot tie. City geutkmen ara iorred to call at the depot, where tbey mo hare a aoperb of Mark whiakert tabeiiuited tor rid or gray oaet, in lets thui fire miuntee. Flanb?'i IVaiiuuai Uiui>?rrMN Gallery, All Broadway'Tb?r? will ba foa id the a?o?i perfect pacimeua of thit woudert'ul art whico Hera it; beei t.fcea in tliia country They teem to oe abeolutaly f.mllla?t m?d cenaia I/ *' niTr never ?e?i iheir tqual. They are moat beeau folly eolornl and rrtenibla pnuieu mi. i tarre, be' with the ralu ble addmou of teing mo.a (?rfeet Ike.iaatee 1 be prnfettor hit a mnteua ?l peitraiu hanging on t e w illt, and I'??inn on tablet. .Many ol iham ara di*Ciii?ai-b?d ciu te it uil >rr<nfrra. Hit whole eatabllahment it a cariosity, well north going 'o tee, and io ihoae particaltrly whe iir ta id to aecure portrait! we t^ke plactuie in ronchaMiga auperior likauata to aay that can be procured in thit oovatry, or perhap* in Europe. Novel Style of Summer Hat?Banta, of M Canal ttraet, haa u elegant eeeortment of Samaiar Hatt, of the much admired Palo Alto ttvl?, which, for noatnaat of ap pearance, lightneaa. and comfort to the n-r iver, cannot be tar patted by aay Hat heretofore introduced to the pahlic, and at the price at which he it !>??** tlirrv wi-icli ia only S3 JO, rr coatider them cheaper tlwn any otoi r Matt. He alto hat a fall attortment of Panama, Leghorn, white Umuli and blae rearl Hatt Wewonld recommend our friendt and patroea to call oa Baata?he it the man to tapply than with articlet of that kind, both nest and cheap The Hew Style White Summer Hat*? SSNSKAtr > "-asa? .gK&sr* HMw lUwtda hew | Th? Can with lit IMIdM?-Ori GkiMI?'? I (Htoaele Rings and Magruerie fluid. TW? mw iniintlm of the mysterious powintf galvjuiam an J mimetism, u at tracting Incrtased attention fit it* won-lerful eArary iu rtie cure olueiTox di*ordrr??the most t< diuiis ot'tlie MM di? ? se* to wlurb we are all *u' ject. The ?imi>l? application of . lb* Kings iui<1 KluiJ U tupenediug the utr of tha expe laive ' l.atteries. iu chinee, lie , aa being more preferable f r their fMiiT nn cheapneea. safety and success. Ouly agency i i New ?Turk, in Broadway. A new work on Galvanism. by Dr. A. ^H. Curiatie, just baaed, and to ba bad gratia at tha ateney. IvUcn Ckakfatf?Than U nothlnf awn ' trying to tha human conatitution titan andden change* otat mosphere. Heat rarities the blood, quickens the circulation and increases tha perspiration; but when suddenly checked, those humors which ahould paaa off by the akia are thrown off ! inwardly, cauaing concha, cold*. consumption, difficulty ul bnatlung, watery and uflamad ere*, soie throut, fevers, rheumatic paina in various part* of tlie body, and many other complaints, tha uaual symptoms of catching col-1. Wright's Indian Vegetable Pill* an a delightful medicine I for carrying off a cold? beaauaa thyy expel from the body those human which are the cauae not only of the above com* plaint*. but of even' malady under heaven. Four or five aud IuUian Vegetable rilli taka.i every niglit on going to bed will, in a few uava. carry off the moat obatiuate cold: at the same time the digaative organ* will be natond to a healthy tone, and.the blood ao completely purified, that new life and rigor I will be given to the whole frame. w i Cacnos.?It ahould be remembered that Mr. Samuel Reed, I of Baltimore; Mr. John Dixon, of Eaaton, Pa., and Me**?. ! Browning It Brother*, of Philadelphia, an not agents of oura, j and ss they purrhaae no Wrights Indian Vegetable Pilla et i our office, we cannot guaranty aa geuiune any medicine that j they may have for sale. ; The only aecurity againat impoaition ia to purchaae from I uo person unless he eau ahow a certificate of agency, or at the ! Otnce and General Depot, No. 2i? Greenwich ?rr?*t, Slew | York. Wil l i VM WRIGHT. j Whit* Fr-nch China Dining Seta, 131 l'ic l ful Piece*, at the nnp-ecedented reduced price of $17 Jo? I Also 400 dnleu White French China Diuiuac Plate*, at oaly 1 $3 ? d,./.ei All ki'ids of China and Glaaa at thia establish ment, equally che tp. Alao, Comal ins 5c Co.'a Solar Lsmps, Girandole*. Candel <br*a, On* Fixture*, &c , at tl.e moat re I duccd price*. Purchaaera will find it parttcul irlv to their ! own interest to viait the China Hall, comer Broadway and I Chamber**treet. 3 J. KLRR. Great Demand for ??wa?-PhUadelnhl* ' Agent* for the H<ri 'Id, O. B. Zieher It Co., J Ledger Build 1 iug, 3d atreet, below Cheanut, when advertisements are re ceived. and w here thoae wuhing to subscribe will pleaae leave their name*, and have the p\per served rek'uhrlj- at their store* and dwelliuga.immediately after the arrival ol tha ear*. Terma, 71 cent* i'er mouth, inclndi&g the Sunday He raid; Si cent* without it. Single cosies I ceuta. lm Superior nodical Tuition fbr Tnang LadJ'fc | To Parent* and Guardian*.?Muaic Taught on the most Improved Method with great rapidity,and on reaaonable terms. A lady who ha* nceived iiuuurtiou from tlie tirat master* in Europe, and who imiwrt* with facility a thorough knowledge of the sr .ence so her pupil*, combined with elo irant and graceful execution, ia deairoua of taking a few mora : female pupils, either at her own residence or at theirs | A line addressed to A H., at the office of this piper, will , be attended to; or an application at il Mercer atreet. where i he ladv r??idea. will receive penonal attention. mil lm ftaruuloii of the Ohio River. ! Placet. Time. S ate of Miter. ! Cincinnatti Jane IS... IS feet. | Wheeling, June 3 10 feet PitUburw, June 25 I feet 9 inches. Louisville, June 13 8 feet. 9 incJ el .UJNEY HAHKBT. Krtclay, June 26?0 P. M. The stock market opened heavy this morning, and ? decline in prices was experienced. Long Itland fell off per cent; Harlem. X ; Norwich and Worcester, 1 ; Pennsylvania #'s, X > Morris Canal closed at yesterday's prices. At the seoond board there was nothing done of any consequence, and prices remained about the same. Money is in demand, and the supply is limited. Then is, thorefore, a scarcity of the raw material necessary to carry on stock speculations. The banks ere hard up, and it is our impression, that during the month of July at least, there must be a great depression in the stock market. It is announced semiofficially, that the expenses already incurred in carrying on the Mexican war, amount o about twenty millions of dollars, and the expeodi tures must soon be made. The deposit banks of this city holding large amounts of government funds, are in daily expectation of treasury drafts on account ef these expen ditures, and are preparing themselves to meet them when presented. Thie is one cause of the contraction in the money market, but there are others of great weight Many banks of this city were large holders of paper protested by the suspension of the produce houuS alluded to several days since, and have since been very cautious in their movements, refusing nearly all the regular offerings for discount, and contracting their ope rations generally as much as possible. The next quarterly returns of the banks ef this city and State, will be made on the 1st of August, and the banks will hardly deem it prudent or good policy to ex pand until after that time; but on the contrary, will, without doubt, undergo a further contraction, in the event of whiih, a further ora greater stringency in the money market must be experienced, and a depreciation in the market value of all the fancy stocks. Tha Stonington Railroad Company have petitionei the General Assembly for an amendment to their char ter, to allow them to bring their road into Providence aa'l establish a depot at the Cove, near that of the Provi dence and Worcester Railroad. We ptesume there will be no objection to this improvement, which will conduce greatly to the convenience of the travelling public. The securities of the Farmers' and Drovers' Bank of Buffalo, deposited with the Comptroller, for the redemp tion of the circulating notes of that institution, have been sold, and the Comptroller is able to pay off' bill holders at par. The securities were New York five and five and a half per cent 8tate stocks, and brought the annexed prices:? Faiulis' and' Bam?Sale or Securities. ' S3.00U jH per ceats,brought 101>t... S'i.OjO 00 $l MO 1)2 do do lOtiV 1.1)07 50 $1,000 5 do do 100 1,00* 00 *1,000 5 do do 9iW 998 73 $i.ooo5 do de loig i,oii ? $6,000 Total $i,0t7 30 The fact that the securities of this bank, were in New York State stocks, has given a character to the circula tion of its paper issues, notwithstanding the bad credit of the institution generally, which no other exploded bank in the State could ccmrttand. If the circulation of all our free banks was based upon New Yerk Stat* stocks, the bill-holders in all casos would be perfectly safe, whereas under the present system, they are not. We annex a statement showing the oondition of each bank in New Hampshire, on the fiist day of December, 1815, and the first Monday of June, 1M6. for the pwpose of making aoamrerison of the oondition ef eaeh Institu tion at eaeh period. Bakes or New Hswsani. Dee. 1845 Jtmt, 1148. Bank*. Leone <$- Jit. Specie. Loans Sptci*. Athuriot I7B.S90 ~' " Dover 56,038 Dcrry 139,HI Or,mite 178,770 Lebanon 123.505 Lwcaster 85,506 Manufacturers'.... 118,068 Mechanics' 190,023 Verrimac Co 160,1*5 Nashua 115,013 Siscataqua 3*7,717 ockingham 189,223 Rochester 152,576 1,334,845 Dept. Ashuelot 22,613 Dover 14,953 Derry 33,443 Oranite 9.905 Lebanon 81,814 Lancaster 15,214 Manniacturers'.... 81,194 Mechanics' 18,135 Merrim c Co if'??! N ashua...... ... Etcataqua 37.843 irkiiighaan 3^,216 Rochester 39,:?73 336,190 979,689 320,130 918,179 These departments compare as follows:? Dte. 1813. June, 1846. Deereme*. Loans and discounts... 2,234.MS ' 2,124591 110,254 Specie 111,615 l*0,7M> 5,*iS Dr|?o?iies 336.190 328,130 8 040 Circulation 979,689 018,175 41,314 Thero are lour banks in the returns made on the flrtt MouJay of June, 1644, not given in the returns fer De cember, 1843, which wa have omitted in conse quense of not being eble to make a comparison? It appears that the returns of the same basks ?m June, 1848, compered with December, 1840, show a slight Calling off in all the departments. The circulation haa decreased a larger percent than the specie, leaving a more favorable proportion ef specie te paper than former reports have exhibited. There are deposits for the redemption ef the circulation of these banks, in other banks, which are equal te specie, re ducing the proportion of peper issuee to specie very meek. Aeoordiog to the above statement, it appeera that the proportion of specie to peper was as one te alee, adding the deposits for the redemption of their mi. to the speeie on hand, and the proportion ef specie or specie items to peper, would be as one te tire. This taskea a very great difference In the oos?dltJos? ef there bonks, showing that thsy.are in reality, aa wend and safe as the banks ef any State in the Union We very seldom hear of thoao explosions among the banks oi New England, that are so frequent among the banka of ether States. There is e greater uniformity of movement among the New England beaks, than thoee of any other eaction of the country. Since 1840 there haa b sen none of thoee expansions, which have inflated spoon lative movements in this and some of the Southern ottiea. The Eastern beaks have an established system of doing business, which appears to satisfy all interested, and we are not continually called upon to record some newly dij covered system of finance, for the better regulation of the commercial affairs of that part of the eonatry, The legislature of New Hampshire has, for many years, been particularly severe upon the benks el that State, and have bean recently establishing the la dividual liability clause la the charters ef all the eotapeaiec

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