Newspaper of The New York Herald, May 20, 1850, Page 2

Newspaper of The New York Herald dated May 20, 1850 Page 2
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r NEW YORK HERALD. ; c JAMES GORDOIK BKMWKTT, t rROPKIKTOR AND KIHTO* 1 IFKE N. W. COKSEK i?# fTl.TON A*D NAS3AC3T5. * THE DAll.Y HKKALD, 2 ffnlt ptr jwr MUM. I'ifi: WKHKLY MM AU>, 8 ' J f > ??*!. ?*r 1- r ??? ?. Iht ?? *?' ? ' /. A'^TbitS by wwi . /" <uk .rri^'XHM. ?r Hi/A udrrr- 1 tuxui. ?o fte j?./ f.jfcl, ar tJU u>ll fc J*ducttdfram Uu ?w*f b rrmittcd Hill \ TAK Y CORRSSPOSDKNCB. cM'iwi*v ?mpor?.i>U irtit. <o/i. if> ,1 J'ron ?> ? yuartrr tf the wrUlt \J i?J, viUb O rally miid for KO A' /.|A * o/ DtmnniM rwmmu/iiuitcvu. IV( wl rrfxrw rtirth-l romtmuuieulioHt. Al'i m TIStilts TS m. cvtry morula*. AJUKEMENTS THIS IVKN1NO. _ BOWXKT T?a A THE. Bow?r7.-II*!i it Till-His Un I.BBN. _____ BBOAPWAV TlllATM. Brr?.twm?.?Love?OftAft* DiTorR ljn > in Dam.in. NIBLO'5 (iAHBEN,BroaJ??j.? Boma?c? a*i> Kiturr ? Mrsif'Jt BUKTUNh TB LATHE rhaaibere Street?T?i a Tic Aft or VittriBJ-Miaruwi'l K?ocnim. HaTIONai. TII C a T X I, Chatham aqnATtt- JUroiin feawmiTt-1 laiLi Kuurr I>iin a-Uui>? tonu lltcw. tutatkh Aitor Place.?LoMbOM Amvkatoi?Mt Fbi- 1 ?nv" Bmi>. 0iiKI>TV3 OPERA UOl'SK, Mechanic*' UiU I-rmnr/A? Bjkothkl*. 0LTBP1C.?Pmc?cb'* Mimrrnioj. MXLODEON.?Whttb'S PxUKRArxAH JNKSB MU*BUM?CMi?r?E fAtiiir. MMNB9E assemjh.y K<mims-J.a*ca?iu?b Bu.l ui. BBRTON'S ASHfMK! y JNTrnB*Tt"io Ixmii?* ? or Acaim bai. Ili rrrK atiow*. Maw York, MoixUy, PS.ty 18.W. T* the City Curlier* of the Herald. S?T*tnl tiBplUDti have been mad* receutiy, of the ?nl ef punctuality and promptitude in several of the earner* wha serve the llrrulrl to mlxerlWri in the city ? particularly beyond the Bowery. and a" bi|(li a? Rant Math itrnt. If any of our tarrier* do not properly attend to their duties. we now (five them warning that they will be immediately removed, and other* appeitiUd iu lh? ir place*. N B ? Application* for vaeaat rout. with errjrn ?i*I? ?f ?h?r:ictcr ran ti II at Hi.' /# ?.. n.'# From \\ uslil iigton?'T< tr;(r*|>hlr. Mr. Collector Maxwell's bounding h-art in 17 ease lo palpitate with delight, tin* morning, on learning that hid ap|>oiiitment has not yet been reported to the St nate by the Fiuance Committee. U? must wait a little, und prepare even lor the unpleasant alternative of being Webbed. The cabinet are in punas. Crawford's political deaih oeems to be a certainty, though it may be a trance. Other members arc in a dying state. Never mind, we shall have important debates in Washington all through the week, and [wople must wake ?p, nn?l inquire where they are, and in what century thev are living, or in which half of the present one. The cabinet make it a puzzling inquiry. The Present Crial*?Tile Probable Course of the Minority In Congress. Mr. Wilmot, in his S|*ech in the House of Representatives, on lite 3d inst., upon the California qaestu n, applied aOflbrtsof epithets to his Northern MMK iates and colleagues in Congress, for their want of spirit, courage and perseverance in resistfey what he called " the settled and fixed iHirpose f the Southern men, viz: the perpetuation of slaverv." Mr. W. stated, that unless "the s.>iritof threatening and defiance was resisted, the North re the greatest of slaves." "The rights of the majority must he respected, or the fundamental principle* of the constitution are undennined, an?l" we (the majority ) are the vilest of slaves; " and we (the majority) are told that if we presume to exercise this clear and admitted power, without rnakcertain concession* to slavery (the minority), j Measures of a revolutionary character will be resorted to, and the ordinary supplier of governm?*n< withheld, and the yraa un<l nays call d, in defiam e f parliamentary law and usage, until the end of j the present session of Congress." Mr Wilmot utters a great many other philosophical and fo<ili?h tilings, which we will not waste ur time to notice. Every school boy knows that the constitution of the United Slates was framed for the protection of the minority. A majority red no protection?like Douglas, they can protect ihiuu-elves. Mr. Wilmot call* u|*>n them to do t?to use the power of force, lie states distinctly a proposition to that effect. The South (the minority) say there is no constitutional power to pa.** the proviso?"the North (tho majority) think there is," end Mr. \Vilmt>t says, use it?force it upon the ! South, lie would deprive the South of any con- | stituticnal rights, or make the extent and sacred- { sc?s of those rights dependent ujam the opinion and vote of the majority. What redrew* hi.ve the *oath. hut to depend upon the constitutional rights and ptivilrg's which surround the minority 1 They sail cheek the majority, and stop ail legislation until ' the majority ate forced to ol>ey and submit to the laniliites of the constitution, or to abi.tain from all 1 doubtful legislation, which may or inay not be frant?d to a majority in Congress by the federal Sistmmrbt. Our de.-.gti is not to diAuss these que>tioDs. We believe the S>uthern members of Congress have determined to pursue the course ( whuh Mr. Wilr'ot hut indicated that the minority , will |.?nmr? legation, an.I refuting to < 'he aw epilations. Mr. CI <y think* ho too. A bonrrt jourrmliato, it la our duty to wirn in- m h?r? of Congrera ?>f the ducrrofiack a cwurae. It weuld end in revolution Wr will matk out a few f the remit* of auch a (focedure. The milium* collected by gov* rnment in specie, if laakrd up by wot bung i.|>fri>,.riKtr<l, and dmbur?ed, fc.r thrrr m?Hithe, wiiulil produce the moat awful *il?. in thu great commercial city, which ? th-kiiri. m hmri u( the I nion. Ikrunfrmrnt in its til*I funrti?'iii>, would carry rumin Tri?< death to very extremity and portion of our .run?e. if (."on- ; grrm do not vote the *|>| roprtatkNU before they adjetirn, it will break twotlnrda of the hank* and ??|MialiMa in WhII urcet, from Trinity Church to Water street, on l>oth M.traof the way, It wul lake S ua in(. * of every lending inerrhasl in fatnh aweet, from the lUttery to the (lntUrinf street feiry. I.wry American slock would go down ten, twin''. i|,irty, or fifty c?nt* the dollar Kmlroad alocka could not lie giv-n away. Kvery citwen wlioa^ br?nd and butter i? derived from the interest of such investment*. would lie rained and destitute Keal estate w< uld fall at onee. The errrtwm <>f liulding?, the building of slope, the manufacturing of gooda, wouid h* nil niVJ. und nearly all th* lahorera in this city would be idle and oul *f employ, ftniii.t ruin and Ihilv >r.l mi-crv. dr? - -e-l in IVrk's kr*l rilk? and ?atin*. would w ilk al?> it <>!?' Mre<U, ki rn th?- IJ*lt*r> to 1 m??n lltrt. Tln-rr * >ul.l hr an private cam fr?, no <<prr??, n*> fran*'d.nn-r*, an ommtaura, no h?ck?, mi r*l>?, no carta, or (liinu "I the kind. running over Krnadway und <li?- ) orbirji the |*?? t* and people. Let the fau?* of all a* rcantile nfaraliMa l^f specie?be locked up in tf?<- cumotti h< u?f, t.till the ihtng in loa*. In a ?ot(l,i'jcli i Mftr nf niin and dittreaa would fce biooj:l.i t?( on the Northern <?? ?? > hy the ai>n|>ie ! refiiMil uf the minority in l'< to votr tk>' appn>|<ti?i>on?, i? Ix jiHiii the |?mrr of any ?>r?i,u ?r>* kn k' r or hlorkhrail to wiDtpiM1, m any )?v t or |<-n to pourirar 1 h* Nctlkmi St.?te? in n rnr wiy , n hr?n|r dhoat ikw rrfeit, by n?? .!<tf;nir with the South' rn inMitutmap. Tlmr are but (mo other n? Uiuum-* wimh cuald he l?ro?nfl?t npoo the country { aoH the rMMMTMl worW. wbk.li w ould r<p?*l the ( Mr ?rhi< h Wiln<? frai* i* U> Lur-t 0?. ( * ?fir?t, 14* ahi-taiii fr>4t? nu*oaf c?.?to? (?r one y??r, Morj-t to Mippty their ?*ii ? in ho??h ; and MMhit fn h^om* Ni.k.rp, an 1 j either marry nor give in ni irrtnge. We aie in a cri'icel lw>*, jo?t now. Thf di?co*?ry of ? tf'funna way prove ih<e owning of a w- < ooad ft,,,.rk.'? ( ...? W'? are on th> v? rge of a ft<t ip?( yvm rfiMrT >,. atfntmn of Vurth-nil I irDihcn of Congress to it. We want t jogt (q ><ik over ihf brink, find see what (fof y dm disover ili w n below, before they t' jt themselves, he federal Union, the North, at'^I the city of New fork, over and down among (he rock* which lie it ihe bottom, where they Wmh to jump to. Let is pray. The Cabinei ani> \ts Aarecrn.?It is hardly north the time to enumerate the causes which hi.ve ltd the cabinet of General Taylor into its present condition. These m>-n have literally and ( olitically 1,4 dotie those things which they ought liot to have dune, aud have left undone tln?se things whieh they ought to have done, and there IP II" umiui IU iliriu. i nt-y ii* cii ty ui^im * u ( 1ir?t yt'd/ of honest old < Jenend Taylor's adminiataation, in all sorts of ways, ami utmost rendered luiu an object of |>ity to all pood citizens. President Taylor itt worse ofl in Congress than our old friend. President Tyler. Captain Tyler had a cor|H>ral's guard, and paid thein bouiitifully for their services. General Taylor has not a corporal's guard, though he has a corporal?Corporal Truman I^niiih. Inpleasant hn it is to us to allude to the diatreenng, humiliuting position to which the cabinet have reduced the good old chief, whom we were the tiist to nominate for the high ollice, and to h lu'in our independent support contributed somew hat to elevate, yet we have a duty to |>erforin to the public?we must sjienk the truth. The cabinet i>f (General Taylor are not only the laughing-stock of the whole Union, North ?.nd >'outh,a?the seven great clowns of the national circus, but they are beginning to he looked upon in a more serious li^ht. The oM story of the " Forty Thieves" will he swallowed up in the enormous robberies of a less number ?l" men, v, ho *ie engaged "Gulpping" aud Chickasaw excursions of ull sorts ami kinds. All these things are awful, and would have crushed any administration into smaller particles than this one. It has been saved thus far by the general belief w hich the community still retain, in spite of his associations, that the President himself is an h?n? st, though deceived man. 1'erl.ape, among all the causes of complaint, which are legion, against the cabinet of Cienerel Taylor, ihere is none more serious, and none more detrimental lit the present alarming crisis, than the fact that a majority of the cabinet are free soilers and abolitionists, in disguise. We judge of tliein by .... .. uno, a..uvue.. .1 U. ??... niencement of the administration, that some of them were o|**ii and avowed abolitionist!*, and had voted, when in Congress, for the abolition of slavery in the district. The abolition feeling has prevailed in the cabinet, and its nets have been such as to present the President to the American jieople, a* a fnUitier of Ins pledges, as almost a renegade to the section which gave him birth. They have brought about him the abolitionist* of both houses. Their confidential friends are Seward and Truman Smith, of the Senate; and their associates, such liit n ns llsile, Chase, Giddings, Preston King, and all that ilk. The measures they have induced him to recommend to Congress, are such as are satisfactory to lVnton and the free foil party. They induced the President to send agents to California, to urge those speculating politicians out there to form a State, which, if admitted, will make the fortunes of the agents, and those in and out of the l a Din* i j nuu u i r rngugru iu liic laim |>ui(. ii?urB and Mexican titles. It is this open nn<l avowed alliance, oflrnilre and defensive, between the adiuirii*tration and the free Boiler*, into which the honest old General has been led by his constitutional adviser*, that has brought Congress into the prenent anarchical condition, and from which there in not the slightest hope of its being delivered, until General Taylor displays some of that stern, prompt, end determined action, which has characterized hi* course in lew critical perioda of his career, and which, in former days, stamped him with the well merited fovbri'/uft of " Old Hough and Ready." View* i>n the Aboutioi Mkictnoi.?The t'o?)irr and Enquirer, behind all the other newapapers, as usual, with ita opinions, hat undertaken, in ita ponderous and prudish aheet, to exhibit wit-dom upon the lute ubolition meetings in this city. The Herald, of course, is drugged in to make the article spirited and worth reading, and we are charged with making an excitement about abolition doctrines, which, says the sagacious writer, would die out, if let alone. Indeed? I\>e8 the history of tli?* whig party, of free soil, .Seward, Greeley and the re?t, prove thia t Have not the altohtion senti- I menu even touched the Courier and Afittrtr I W'liat is the use in trying to cover a notorious fact 1 i All this outcry, however, about silence killiug error is absurd. It is the course of the greut lum- | L.rimi In ftili'itt lalwinf ?>vi>rvtltintr till 1 ill. y are sure they will not low an advertisement by publishing un article. Hut what is th'' result of such journalism ! Why, simply this?thut they are made entirely by public opinion, and not public opinion by them. Sometimes, us in the present ense, they nin counter to the popular feeling, and then thry suffer for their temerity. It comes with n bud grace from the Count) and h'tX'fuirtr, to read us a lecture. It would be much better engaged in reviewing its own history, and in calling to mind the day?, wh'-n, by illegal appeal* to the worst I assions of our citizens, it instigated mm to riot in the lioure of Mr. Arthur Tappan, to burn churches, and to do other deeds of like wickedness. Our course throughout these recent meetings has been plain, and purely within the limits of Uw and rearer, The ve?y orgtn* of the defeated party deel ire that the Hrruhi't report* are the only ones to be relied upon?that they ap* strictly accurate and just; snd it is evident to every sensible man that our opposition, ?o fir a* it extended, was legal, natural, snd justifiable. If the lewd outcasts of society were to rail a meeting, invite discussion, and indulge m all the licentious language of the bagnio, under the plea that free discussion should be tolerated, does uny one dare to maintain that they have a tight to d<> so, without opiaisition from the decent and moral I In the recent meetings at the Tabernacl" and the Jn eiety Library, therr were no riots, no violation of |*r*on or property, hut simply a free, but sotnew hut noi?v discun* ion of rehinon. politics nil morala, between CJarmon and Rynderw,and their myrrtlw tr?ng.? Kyn<l< r? had the b^at of it, ft fill that wan nil. t'tKrdrriri Mi'm^muhot.?Wf IMW nwiv* ed many compLiiata from t ariotia p.tiN of the country, t? ifh reaped i<> the fiilur** of n? wapnpra to arrive at tkeir deatin.ition. Kr<?m Montgomerycotiuty. IVntiM W.inm, the cotnplainta are kmd and long The n??>| wiper* are ??-nt lo t'hiUd'IphM. >md it ia in the post i.rtice m lh.it city iImI th" trouble originate* The blunder* ar* mad?- liy the nenr batch | I i (final* introduced into tliat e?ubli*Uinent, by tb* n? w poatmatfcr there, who do?-? not *efm lo h?\e ci naidered that the pnblic riijfht not to be inj.dc die vh 'iii,* of ri)i*rim*iiti and raw recruit*. Kr? m all'pianer* it ia evident that the chiinif?In tli?' pv?t klTicc detriment have produced an unuaiial and intolerable denmg^ment, and it ia fjiiite time that jMiin-* rpnionstrkiii-e >h?ulJ be made (Mncl (lie irilrrt and the liHindera committed under the (NWent iigimr. Tur C0M.1M MiraurThe r-eond *?aae| of thia noble lu>* ot ocean ateamer*, th? Pacific, flatted, <<n Sutuiilay morning. en a trial trip, in I will r'liirn ?<> It r ?l'|>. ?' ?K?- loot of ' ?ji.<I il. - it .< tiirp. \ f. ?M" itiiojw .ff-R srt'mnMi of hrr informaltcr% crrtain |x>rali-iiti<-* in h? r l j>r< #:ti-ti j inTf i^rl *(*ed rrrn lo ih. t cf th? A'l.;?( '? We majr ciprct to hear. l?> u*>ifrw <>r n? \i !>} , by tin* Earopa, of '.he arnral At'uniir At liiurpMl. Tiuc Isvabi i ?Tltr irnval of th<* Ohio Mtaaier, asprctrd to-morrow, will bnnrf int-lliitn.rr of ih<? n>ot nt> nt? in km) (IinI ' uIm; an<l vr may mtMipii*. ilmi th* will pr?vr iHriffi?n to lh* MiTmlutft*, In mni? ornwa thin cw. Tkt cbaacea at* all utfntnat th? ?ucc<>m of ki? immature mor-nvnl. Railway* in England and Amebk-a ?For some years pact, it has hfii generally observed, that the railway business in England has nut unfrequtntly presented rather discouraging features in iu progress? that it has given evident signs of itn pcrtant discrepancies in the management of the fixed capital, and haf>, in general, exhibited illfiances of serious financial embarrassment?circumstances which huve caused some uneasiness and disquietude among the capitalists ami railway *l*culatorn in that quarter. itecent accounts from Kurope do not ouly substantiate the truth of these observations, but give us also a melancholy picture of the magnitude of the defalcation in the value of the original outlay. It is stated in the Aom/on Timet, that the shares of the (ireat Western Hailway have alone fallen to one-fifth of their value in j the maiket, within two year*, and that those of , other established lines have sunk to one-tenth, ' while the aggregate depreciation is not less than fifty per cent on the original outlay, which impliea a loss of .?100,000,000 or |5oO,<KJU,(M). Such an enormous reduction in the value of railways, in the brief space of two years, must necessarily exercise a parulyzing inlluence on credit and enterprise, and must naturally entail an awful loss upon those engaged in the Peculations. Hence it is, , we find, that the confidence in the security of railway property as un investment, is almost entirely (impended ; that the most of the companies are on the verge of bankruptcy, and the smaller shareholders, who generally risked their all, reduced t0 beggary and destitution. Hence it is that there is scarcely a family in the country, which has not to deplore some serious loss, and scarcely a tradesman or farmer, who is not crippled in his business, l?? ?li?^ mwliL.n milu-uv r>-ui'lioriH. Such it! the disheartening state of railway proj>erty in England. Although railway speculation is at present in a | more flourishing condition in the Unites! States than it is in England?a circumstance, however, w Inch may be ascnl>ed to the shorter period ol lime in which the various lines on this continent have been in active operation?yet there are manifest indications of u decline in that species of property. A few years more, and we may have to .witness in this country the same prostration of confidence, the same collapse of enterprise, the | same convulsions, and the same reactions, as have i occurred in England. The same causes as there, I are in ojteration here, and we must necessarily ex- : l>cct the same eflt-ets. We therefore lind, of late, ! a material diminution in the value of shares, which will continue to increase, as speculations are ex- j tended. It hus l>een the uniform demonstration of , experience, that railway peculation, under th? j present system of management, proves to be a highly ruinous enterprise to engage in. While the . nation at large unquestionably benefits, aad is en- j rich* d by the construction of numerous lines, in- | tersccting its surface variety of directions, and j thus commanding a greater amount of commerce; 1 and while the original projectors reap, by virtue of their contracts, their handsome share of the profit, j it is found that the companies or stockholders are invariably and must consequently be the losers in j the end. We therefore warn ull speculators in | railway property to 1* on the look out, for the pe- j riod of reaction in this country is fast approaching. ' Troi-bi.es amomj the Politicians.?One of the ' loyal committees of Tammany Hall, headed by Fernando Wood, has issued a proclamation calling for a new election to ap|h>int a new committee. i The other eommiitee, whose chairman is Mr. Western, repudiates such a movement; and so the | council and sachems of this old society, in spite of the splendid dinner recently given, are not able to restore harmony, or to reconcile the disputes between the rival committees. Hut there is, also, a struggle in the other party. The whiga, too, are in a state of dissolution, and the committee, which met the other evening at the Hroadway House, had a high time of it. A terrible split is impending over them. f>ne act goes for supporting the compromise plsn of Mr. Clay, and the other that of the cabinet. We don't believe, however, that the cabinet can command many supporters in the whig committee, singe the exposure of that G&lphin and I other business. These internal difficulties among the organized ' committees of both parties, at Tammany Hall and Broadway House, res|*ctively, are only fair ottshoots from the state of things at Washington, where the like difficulties, an<l like quarrels, exist. The rest of the world looks on, and finds amusement in it. com*rmcatio!* with fsf' asp.?Ocean ?team navigation is to I* pushed, this year, to an unparalleled extent. On the Atlantic, three new European lines have already started into existence, and several others are in contemplation. One of tin- most important of tlw Utter is ih? line to con| aect New York with Gain ay, Ireland. We learn, in addition to the facta taken from the fti/truy f'm, rfn a/iir, of the 1st inM., ami given in another co! lumn, that the steamship Viceroy, a steamer of great speed, will leave that port on the ftth of next month, for New York, to touch r* route at llalij lux. It ui confidently expected that, with fair weHther, the |?isstipe to the latter port will he made , in seven daya?and perhup* in le?^tim?* Twenty | yearn ago, it was thought to be unt>o**il>le to cross I the Atlantic at all in a steam re*I. Tea years I ago, a pn??age by ati-nm in two week* was cnn' fidered excellent. Now ten, eleven, and twelve I <iaya ia the time ia which it is accomplished. Ten | year* bene*, the |?*Mge will i,ud?; 111?we'll see. Hkai.tii or ihk Cirv.?As the wi.rn season ia now beginning to set in, an I as the tide of emigration to thia metropolis ia still cn the increase, , crowding the lower parts of the city to an extraordinary extent, we consider it our imperative duty, to rail upon the city authorities, the Hoard of Health, and other medical authorities, to pay the strictest attention to the cleanliness of ibe streets, and the removal of every nuisaace calculated to vitiate the I *vi mm ruling unwpnrir, i hi* ip, uiioomufniy, the moat effectual tncana of keeping the city in a healthy ronJition. It if true, Nnur material improvement# have bee? undertaken, h?( there remain* a great deal to be don* yet. finer you are j invested wish the power aii'l a<J*qnate mean* for j the accomplishment of tltia <leai rahle prcaervation of public health, It i* incumbent upon you to employ ihem. lto not, therefore, delay action any more, hnt go to work immediately with vigor and I 'nergy. _ t'ot *tk?m a Repi.t or l> Rt> Fai ?ir.?Tn*.-Some inquiry ha* recently been Blade in l.ngl tad. of the government, with reepeist to ihe hnlilmx of colored l"-r?H'?e. lltitieh subjects, in duiunce, m ?ome of ihr port* of the Southern States. !*>rd I'tlnNTilcn re|Ji? d that he had represented to the Uaued State# government that this w ?a revere upon one claw ef Itritieh subjects, hut aa the federal (Niwcr had no jurisdiction over the locil St^te regulation*, there seemed to be little us* in prevail!? the irhjrrt l.irther. Thia may he d*em*d a rerycourteoua mode of treating th* subject, and Buy be a lef-on of wifdciti to our f?naii?? here at the Nortii. H|?itti>| lutelllftrnre. TaetTisn.?f?a p?f'? ami ft>r )iM. with ?li ?atr1*a. are a?nanc.?| to tnm> ?.ff thl* aO?r?m'i. at the Vatsa <'?ur?e. c mm?nring ?t 1 o'rloek Tmh r?e? ? ?HI he %"Hli wttfcn* ? >lt fln*r oaf* I.: ro b**? bronnht t p.ij.n At tha (Vut refills C(?jrir, Ibi' *o*h talked ? f three mil ' eontrH IkIwuti j.ady PuffWk. Lady j Trmto ?)ll ph** P'?ttlTi|y it th? h ?tr ?.lrrrva.mil It4y miwi.w i* the for-rit* again-t ihr f.elJ, k?r ?>trry ?v?f I,m4t PuWolk !? ? Monday baring |iwt ber kwt- ?t baea? ra Tt?? r-- w!V he aa iimmn** rt ?.l to vMoae* th? at h?uh rmn enur*??. ?? ? ? Fir mm Hr?r<Ti"a* r* ni* KA*rraj? C?fTtm F* m*i? -"M h ilf of ih* Mfhtivn in the j Ket.i?l<ee f^eiory ?l Aiiffaet >, M< , wilt be discbi'tp<d on the itrel of Jiinr, atid ih* w?gcs rednn il a bent 121 p*r cent. The pr?pnet*ra mt lh? ftatk Mill*, at Manchester. peopi..* to atop about vpr h.iIf ?>f ih* loom* tlnr.r* ihcfmiiniT Tl?# , An otlieiif Trmpany will rtirtiM ihrir o|?ration* i???m* Bf rtrm Jturnul, Hif 18. MaMBM-jaBBBaMMMaaai Terrible fl;< hi Carnliif. TBI Bl'SINEM POHTI'j* OF THE VIIXAOE ? K('IN?? OVK* A QfAftTEft OF A MILLION OF DOLLAAS LON. 1 One of our correspondent in Corning, New York, transmitted, on 8?turday, the following dispatch to us by Mecsro. W. llo Jc Co.'s express. It contains the particulars of a very destructive tire in that village, by which over a quarter of a million of dollars worth of property was destroyed:? Ol'It Co UN I NO CORRESPONDENCE. Corning, N. V., Muy 18, I860, > half-past 3 o'clock. \ This morning, at half-|>ast eleven, the wind iiiumuiK M..Ill mc iiuiin wrsi, u ure originated in the Corniiiu mid Bios burg (le|iot, which has consumed all the buildings, from the Clinton House to the lower end of the village, destroying property to the uinount of over three hundred thousand dollars, laying the whole of the busiaeM portion of the village in ruins. There is not one store or grocery left. The Bunk, Corning House, and nlmoBFall the lumber on the whutfs, are destroyed. The lire continues to rage, and the lire companies have come up from Elmiru, and are doing their best to stop the flames. An engine was sent from the Corning depot. " E. T. H. The village of Corning is in Steuben county, and situated on the south side of the Chemung River, in the town of Tainted Post. It is admirably located for trade, it is at th? junction of the Corning and liloHsburg railroud, with the navigable feeder of the Chemung Canal. Its coal trade is considerable. The population of the village is about 1,500. Health of the City? .\nnnal Report of the City Inapcctor. The yearly reports of mortality made by Dr. White. haT? earned for him a well-deserted reputation Ilia noiius 1 report otthe number of deaths and interment* in the rlty of New Yoik, during thu year 1849. ha* ju*l been published, and po*Mh*es more than ordiuary interent. It eontaius an amount ot very valuable statistical information, particularly in relation to cholera, which cannot fail to command thu attention of all wh?in it may concern. On ths flrot day of January, we publbhed statistic.* of the mortality of the year, compiled by ourselve*. and comprising the in??t essential portion of the City Inspector's report, llut this document has a great deal of additional Information of a useful character; and wa shall now. therefore, present our reader.* with the pith and inarrow of it. The matters embraced in the report are arranged iu the lollowing order :? First A statement of the total number of deaths reported to this department during the year, with tho number of still.born, and of premature births; tho number of those brought to thi* city for interment; and what proportion ot the deaths reported were of white*, black* uial>K and fi iimlen Second. The returns tor the year *o arranged a* to

allow the number of deaths in each mout h. and exhibiting what proportion of the deaths for the month were ol males, females, adult* or children. Third A table, exhibiting the number of still-born children of either sex, as reported during ?ach month of the past year. Fourth. A table, showing the places of nativity of the deceased. Fifth. A statement of the number of deaths at various public insthutiens. tilth A statement showing the places of Interment, and the number deposited in each Seventh Monthly returns, arranged In tabular form, and exhibiting the number of deaths from any particular disease during each month of the year, as also the sex and age of the person so dying eighth Important remark! suggested by the preceding tables. Ninth. A meteorological register. The following is a general summary of deaths:? The whole number of deaths reported to the department during the year 1849. was 33.T73 Which number includes the still born and prematura births, amounting together to 1.320 Deducting these, and alro the number of those brought trom other places to this city for Interment 80 Makingtogether 1,400 We have the number of deaths which actually occurred from disease, casualties. Ac 21,373 If a fnither deduction be made of the number of casualties, such as drowning. Ac . with sal ides and murder*, amounting in all to.... 347 The remainder thns obtained will exhibit the total number of deaths from disease alone to have been 33,006 Of the whole number of deaths reported there wart? wnite* 23,147 Mack* tM Total 23 773 Tke number of male adult* ?u 5,1/31 " - children ?,534 Total malax 12 4U Tke number of female adult* was 6.814 " " children 6.4U4 Total >mal?? ll .KtH Total adult* 11.746 Total ehildr. n 12.0.M The following table exhibit* tkc number* who died In each month January 1 3.12 July V* February 1.841 Augu*t. 8.W6 Varrb 1.405 September 1 7*6 April 1.443 October 1.277 n?r l.M November W2 J?n?> J.iMS December 1JVV The foregoing dee* not give thr reader a iaat idea of the o'ual mortality la each month, for In June, July, and Auguat. rbolera prevailed and ?wrpt a?ay lla thoutaad*. The number of interment* from dl*aa*ea In 184?. amounted to 22004 In 1MB they amounted to 14.1W Inereaae In IMP 7,Hu7 Thu* the mortality ? ai lncrea*ed nearly eight thou*and the gr< ater |>?rt of which U accounted for by the cholera, but not all The following will *how the etact account :? KtrrM of lMUoerr 1*4* 7?7 Deducting a* extraordinary 5,679 Kxrr** of 1Ml> over 1*4* from ordinary can***.., 1 22* II" re we rtlll hare a Urge disproportionate < ?mm of dealb* ater the preceding year, which can only be ancounted for l<y the d<pre*aiog influenae of the epldimie. where the di*?a*e Itaelf did not attack the iyil< in The following table ehow* the number of death* daring the year 1*41' arranged acoordlng to the place* of nativity of the decraard:? I'nilrd Plate* 16 IT* Sweden IS Ireland H?(l Denmark 11 (Jeriuaay 1.636 Kunala. 9 Kr gland 661 Poland 8 Nr Miami. ........ 2-il* Arnra 4 I'raiirr Ml Norway & k.tiltk An?rlft . . . M Portugal. ft Walra ;? Poutb Antenna S Wfrtlidiff .17 Pp4ia 3 Holland 30 HMgium. 2 Pruaala IS CukBowa 214 Pvltirrland. 19 Italy 1ft Total 33 773 Tbr following tall* will abnw that than on*, thud of the mortality from rbolora watt of nattraa nf l\? I nlt?d ?(?:# and that lh? death* < ' thi- Irt?li mlgranta amxuntrd tr> nearly <>?~kaU of tbr wkol* niunbtr pertabtng fr- m cholera ? I'nlted Matea. l.tST Italy 4 I r. land 1,11 Prnaaia 3 firrntiy (S3 Portugal 3 Ingland. M7 Ku?ia 3 Pri-tland . , W Norway 3 Rrlllvk Anrrlri ;<V Hrtfliia 2 Praner 33 Poland 2 Wain 13 Hi*in t tut India* I Atrtra. 1 Haeden I Utkinwi IN Denmark I Holland 6 Total 6,971 faltrerland ft Thr fnllnwing table will >how the nu?be* of death* In 1MV hf rhotrra In wiah m* nfb with tbe agv,? Hinininniil ay ... ? ? ? I ft 14 ft S .1 Jaae... ? 7 S? >? Kill IM l?i M Zt in ft ? 44 Jaly ... M> ftl 1ST 141 l?- SI* ?* 417 ?> I* V 1.1 I < ? Aa? .. Ift * V.' loll 17 3UI Iff .< ?| 7 * It I*M .. . 1 3 K 1.1 ? S6 41 37 lit ft I 1 t>?t ... i i a 7 s i i? ? bar ? ? I I J ? I I ? Tatali . ri (ft 7M 24 .149 <*4 1,17* <4 43.1 M 10! B S A??r?ra?? ft.WTI ?"hf l?ra w *rd very Irrefnlarly and did not attark all part* of tl ? rity lmullan?na<l; In Ikf Ntlh ?H4 vh'tf It Ural affxand on the 1Mb of May. It r? maim it nntil the 84th of that m?wih when it Inrad< d l lie buenth ward (In the 2*tb nf May. it hr?k? out in the Pernod ward In the l'ir*t and fowrth ? Md?. It *a? di?r?i*i-rrd on thaSlatof May On Aha M " mni?nri i| in tFi*lilli ward It h>ran. nmn'??n.f.u?ly on th? Mb "f Jiin?. In l?.nrl<ei?ih. ^errnlemlh and Rtghtaenth ward*. an the ? >? nf the line month In the Plintft ward and la ik. Hitlrivith *>rrt ant nntil the Zld iif June- not. ?lth?laci4taff. la lhl? aard It rag*4 wit* trrrlflr tat* I *J _ liie ?ar<l? that iifrrnl mi*l wtmlj *rn tha M!<> mjj. la Iba nr<ff In which thiy "cenir. tit tha Sitfl !itfn nth. fcnrlli Flrot. KImfsJi. ."rtrnth. at <1 1 htit**nth ah*r th? <frml Third aa I Hf??-?nth arid* mt-rr alrr.<-?t ? ?* m ptrd from tha m<ia? dreadful ritif Tl.a <\n?'tli-ti aatt?raRp ?rt?r? ?< to tha ra?<? of tha grral* r fatality of ? ?.">!< m In the firaf f >ur iu<-itl?r? 4 tii tin ? ill' 1 le nt'! Fr>i.t i h and I ir*t t i < ! >- ai') ' f I* ' 1 '! tl>'' f*taJ *?... - innd leli I UB -aly aaatara aa apprntiiuala i -air 11 ? Ir.hat ttnl ' f tl '?a*d* a p^'itly In i?< ? M Hilttiailiifilli" Ui??8-? iri'itl* prrvalUil. Ill ' in.'Ftltif "'! mia-raMj P'i' r in I d>'?tlt?l# j? t i" that ?Tlf?tar?i -: and i?|Ni??-d r"?4itl>>n 'ha? inli.r* ihnii iiv it |o? nrr*? fully to r.-p?l 41a. ara r| at.; hud. umch t? ?? aa i pid??i?? of thta natar* lb?y aftr. Ii? laM. the pr >>?r f?xi4 for A Mall* rS4t?ra 1 M# Httatkt r?a*th?i?r4 by tha raaulta of npp ti fail. Ju tli.v* aardnluhahit.'4 hy tkoaa ia aarnar Wi i and *ho ara batt-r N cloUta* aa<l I ltinl thrN frw irff nnnd HKiuwdantfl* tn I runtil to tba .ItII >; b? *afely affirmed that individuals well fed, clothed aud boosed. observing ; proper personal eleanlliMM, are nearly invulnerable. J not perbap* to an attack of the cholera but to ita fatal , iinue. iDUnpffiincf was found to hare been among the deplorable habit? of many of the rMmU brought to hocpitala; some dying there from drlirium tremen*. To state tbat this vice go?* baud in hand with de*tltution. if indeed it i* not produced by penury and the pinching despondency of waut. it only to reiterate a melancholy tart. Of tbe 6.071 death* resulting from cholera. 3160 ara known to buve been foreigner*. The argument suggested by thcue focts is obvious Tbe uniformly better condition, aa it regards food, ruinient and domestic comforts, of our native citizens, thau tliat of emigrants who approach our shore*, aud take up their abodes among us, need not be stated here to induce belief) it it a fact sufficiently notorious. Dr. White has some excellent observations upon the filth tbe nuisancer, the bone aud ti?si? boiling establishments. the manure heaps ami slaughter houses, as generating disease and dea'.n in our city. The mortality of malea exceeds that of females ono thousand one hundred aud fifty-seven. Xhis excess is > mostly caused by the greater mortality of male children ; tbr while of adults tho excess of males is only one hundred and seventeen, that of children amounts to one thousand and forty. This rate of mortality among children of the uialu sex. as hero and elsewhere manifested, in a subject tor interesting enquiry. The greater mortulity in mule adults over females, is not to be attributed to any peculiarity of sex. su much as to condltiou in life. Malea are more exposed tothe causes of diseareand accident, by their profession*, callings nd business It ia curious enough that it is not found to be the ease in the colored population, probably be- j cause the women are as much thu subjects of luteiu- , perunce as the other sex. The highest item of mortality, next to cholera, is of pulmonary disease, amounting to 8 073, being a large Increase over previous years. p.The number of deaths ot still-born and premature births is steadily on tho increase. lu the three la?t years the deaths, from thnt source, mnko a total of 3.630. suggesting a tearful amount of crime that has never seen the light of day. Dr. W bite justly complains of the want of some uniform t-ysieui of nomenclature, to be used by the physicians in their certificate* of deaths, lie says:? " There is great carelessness and Indifference man!fe.-ted by physicians In the performance of thl* important duty, insomuch tbat these anuual reports and record* are little more than statement* of the number of deaths, while the more iutereatiugand useful results to j be derh ed from knowing tho true cau?o of l ull exI pressed in a systematic and uniform language, ia 1 scarcely to be found. ISy the aid of a competent body i nf lihvsicians. a svstem miulit K* * ' 1 adopted. making ft incumbent upon medical man. in writing certificate* to comply with itn requisitions. To facilitate the general adoption of such a plan, printed blanks should be Issued. with the system ot nomenclature arranged. Return* of - asphyxia.' 'bleeding.' ' cancer,' -congestion.' ' couvilsions.' - de- , bility.' 4eruption,' 'fever.' inflammation.' "tumor.' ! and -uch like, that mean little more than want ot breath, want of blood, want of strength. Sic., would ! then give place to something tangible and useful. It I would be vuin. however, to thiuk of recommending any system. without waking it the imperative duty of physicians to comply with It* requisitions." We shall conclude with the following table of the cemeteries whi re the dead of 184U have been interred, indicating as it does, to a great extent, the religious denomination to which the deceased belonged :? Roman Catholle. . . "7..r>52 ltaptist 229 Potter's Field 5.002 Marble t'emeterleg. . It55 Methodist 2017 Friends 57 Presbyterian l.W Leake Ac Watts 2 tierman i.ulhtran .. ftil Removed from the Episcopal 519 city 4.760 Dutch Reformed. . . 353 ?? African 268 Total 23.773 Hebrew 254 The number brought into the city from other places, for interment, was 80 Of this nnmher 7.349 were interred In Williamsburgh, A Fight with Thieve*.?A desperate encounter between two thieves and a German, occurred ut i Irlorritville, near Trenton, on Thursday evening. The thieves stole a horse from one funn, and then ' proceeded with him t? another, wher- they at- j tempted to steal a wagon and harness. A German laborer, who was sleeping in an apartment of the j barn winch contained the articles, was fastened in by a brace, but being awakened by the bark of a <t?p, hp n-leawil himself und tired a pistol at the robbers. Tbey returned the fire, the Dull entering the hat of the German, who closed with one of them, and was getting the better of him, when the other came to the rescue. The proprietor of the 1 farm, however, being awakened by the pistol reKrts, also approached the scene, when the robrs fled.?Ntwark Adv., May 1H. Court Calendar?TlUa Day, CiarviT Coi bt.?Nos. 664, 2. 616, 63o. 6CV, 676, $71, 42* 817. MO. 166. 866. 03#. 072. 673 Oenxon Pitas.? Part 1. ?Nos. 137. 07, 41S. 4?3. 447, i 86 87. 108. fit*. 006 Part 2 ?260. 308 4. 10. 48. *4, 60. 72. 82. 96. 106. 114, 116, 130. 118. THE WEEKLY HERALD. MAILS FOR El'HOPK, n< steamship Washington, Captain Floyd, will Isaes this port at noon to day, tor Southampton and Bre- | men The H'?My IformM will U published at nine ' look this morning, to go by her tingle copies, la wrappers slspecee. News for California. -The steamship Kmplre City, Capt. Wilson, will lease this port at three o'eloek this afternoon, tor Cbagres. with the mails and passengers for California. Messrs Adams ft Co. a express f e? In her. Th? mails will clos? at two o'eloek. Jokn Krese, A uctlonrer?Male of th? Great Litrary st Ceoley k Keeao'a, 377 sod IBS BmaJiray. corner el Whin .lr?'( Tho tale of this eiten-i?e eullecti a r literature wilt runtait thre? Bin etenlag* of tinj week, sad the department wf hooka to fee mil atepored ?( are *?ry important. and of great raise. Tins Hobday, sad the ) two pobfeqaeat e*euioP-- of the w<-ek, will embrace the plen414 work* ? Poetry, the Drama, and the fine Arte, ths w. ikn , a the A a u,ii it i. of UM W ..i IS, Onntel Ute| rat are, Natural lli?t< r) , among wlurh U a macniftrent original mharrther's cop* ?f Audnfona great work, " The Hirda i of America," A ?el?. folio, lose I her with flee aojitea of " Em') elij.ad'a Hriianslea.'S*-' Kneirelupw.lia Metropulitana,'* "Estalurgb Herlevs, ' " Animal Kegistera," ke. The Barred Diorama*.?Ilanliigfon npaaa lilt erlendld K-tiil tll n ?f Hoeing iHuramaa. this seening. at ff l.lDtfU D a??? r- .HUl'J w. I<I MlM IQ? Mi ?rr iMirtl/ and ??? ? of hi* U?fi work, , h- nl?l Ur ? ?>ffi i?*iit t'? 'nnir^ him th?j | ?ir i.aA'?* h? li?? *1' vijs r*e*if?4 sid to ncbl; 4cirrvt4. Military?\% andtnland that aplrntlld *< mtn*n4. tha Stilli Rxiimtnt 8m. Cimrl <o|.d?I I'hh, ill th*ir Urn ?f rm( |?n4> ihia 'a/. it hilf pul two a'tlwk, lia* I rmW la hr. i mt itmt, tnr llr?a I ijr. Flrtwoi ki?Kd|(r?i Firework*.?Thr MMl ill nxiiMtai tal?r*4 Incrki rttr rnmrulnil > tin Nuiitf. of n'ij ii*-?r. j>ti..a. la <>* rrtlr n4 i> m(iwi . I?r I w |fMl r*l*l.ration of ik* Fourth > f J.I,. 1 )it |*I*Y* for rllita, r ?rv ur<|. * ?. fc f , it thr ?h*?rt??< ifltr?; alao. i rail n^l; of haanltlal r?l?n4 Mill I'tkl. for |>"?'< l*rti#*, uedr, kl.. il Ik* I ait*4 Slat liWr>tM). JerH^tltf. 4. k J. li. F.lHIE. CfrolMlliiili. Humphrey, at IfT Broadway, Ha* tha , lint ik; li#M? ii Au<rlr>. hi* l'a<ii?rr.-?tjrp*? in in Uiun of thi tiaie*. Thi la **at of t?? lint ipa.im*n? f tke art, *n|<l In aril to (in htm tall. Dayurrrrot) pea taken before Break feat ? fiil; riaora, nil oti,?ra, ?ko hi*? no timo 4urin* hnalno** I koirs to fat tkair likeaaaaaa, aai Wa mttiI to tbair Itkia*. It laatiti mr) lil<ht B"nlm iirlii th? aamm*r. After Irrakfaat. Iril f> n- f.rat ??r?"l. it tha iki light. IHNKl-ON k HOI MB*. t-f ltroi4*ay Tkt Ptuahf National (iallrry, Mo. 4M Kr- ?? ?, rolot.rat-4 for il* e*11eet|oa if Ii<tli(anhf4 la1 lltil?l>. ilmll k* ilait'l k, all ?k? ha?a any 4o*ir* to Mania* tk* lar?ant eelJaetion *f portrait* ta tke tlaiM Plat**. 0. I. Clark*. Tailor, IIS William aired, oatiava la *<tora tk* *ai*r mil. apoa **?a?niiral |>ria*tflu A li? ffU'k Cloth Pre a* Coal, II fc a>4< t* moaoira, tin ?*TT lint, fail; a >a*k or frwk, II#: ' ?mr r? Pima, |A la $o Vrat, from |l M ta ^ lo la*, a* hono? ta >r? York tap offtr crt *trr ia4ueamea ta tk* I wj or than mia*. Cam*. KataUlolied 1*44. W? point our Hrailara to thr InHarrinrali i *tar*4 ta oar ?o|i mai. Ijt 4. W. IMKKI K k CO. W? caa : eatyaar that thr, far earpa** aa, o#rr?4 in t*? <-n j Th> r i *l.-?k of |i?h l.?n4i Cra|? Mia*l?, k<i.. il*f banjait r>r?t?r4, *a4 rr m| ri(r thr malt mprrh at t Ira ia tk* maiket. *iti ? nk oar r*i4*r* ta |in tk>a a ml frrarn of thr Pawnkrak<ra* Hho|>al? rkrnt | f.1 fiiii!-|ir?w, fr?ek an4 hnataea* t'nata: r*au, aaaaU ami. 4. rakta aa4 iiara; Vrata la ra4l*?? ear'et aj tii are >ata I aa4 < l'-ak*. iklro. >.<.4a anitakl* for tk* California market. , I Ceraer Naraaa aa<TBookman. T?>r S ? w A ... U ?lix kl.iK V a< tor J, 104 linn?ry ) ?ik. ha* rxfiil) kmi ?UrH, ?r>'i n m..t? Ik** 4*alta tta former *l??. Tka ?fn?k. f. r .ualitf. (Htm 4 rariatt, i? aa?.taall?4 k> aaj ??bfr ??.?l.l>? af tl.a kt?4 I* II... of lay ml.tr roaairy. Tb* pi ?l i^rt ? in aaat .f k..n?r?, nt ini*r itrm.il* ! ? tk? rata. 4 i?n or . |?ir, it raaaarilaht toIlcita4 ka lk? H4NKIW k RAY. _ _ _ . I OalU Pmh* llritrta. rigarn, Pare*, Ac., It p?il MrilMBft W?MmI?i. Fof Ml* kj J LA (HON IF.II. f Hainan laat. ap ataira. j OMtawl'i Italian M?4lut.? ** )?, tot jarn>? all ak.a 4la?aa*a, Uiaaolarai ma* an4 n>tant>?a I ultra aaktlla for ara+l.atia* 11 hair ft .m act fart . f tfc* k*4f I..If Wktt* far lit atuplatta* liini k ..?**. fcr., at 67 Waltar atr?*t, trai iwn ffata (r.-i la! Hraa4*ar; t. l.f all,.?4ar. ?*?ark TkWttwl, rkl lait.l?f,,a Hall Ujt?Bilrhtlar'l Ornvii.t Mqwltf flajr t?>?. ??n alf ? pr<far?4 at tba mann' . ?.rj. t trail itaaa- Vh# Im ak. a 14 ?aarH a?airai .r,,.,, , ?w ??. 4tpl -vat. Paraoaa wh?*a kalr lai Ufirx a ku plat fT'.aa tka naa of tha latitat 4raa. aaa ktta It tanw>. 4 kt aalllBK M alxfaa C??J tha a44rraa. ?< Twtpw**? A??tltrr nrtfal ku aaa at.t4? tt> ? a. fSf* al. r, far th* kmi W iaa aa4 Tat- i ' I? ; ! ' 'ttllwl I, , MV n,|, |,r In i , r * ? i ? * . 11 M? *? * '. * MMrtatfat i* th? tt*f. Cm I ' r?Ml (HilDMtUlh. LHIIfflrM'i Tom i ?r? j f. all in t|,? \r9m% . 1. 4 *m:> . I f I nr. Ki 11) 11 . ! -,? th* ifq c f , fMN <! B? rr.?t?r? ?M ihf? ?r r<? rt*Jj ??4 r#.?it.al r-ll'f. 1?-< ?r? >n?a? ,f ? ...ft, d?l>. at, mattriiJ, m.J ! ??? ??m ( &? ? ? ?..|.i > l?r I. 41 (ml.tltf Ij'' ??f?. I?t A?< r Il?. >7V >i4Hl ' Btvt<i?*r. > ? p? HONEY H A R K BT? ? |mw, May 10-6 P. M. Another week of speculation wad excitement liu(w?ed la Wall street, and ijuototlou tor aomc of the fancim* rang*, one. two. autl three per cent above those current at the close of the prevloas week. Government anJ Ptute securities do not vary materially from prices ruling two or ttiree wet-Its since. In fact, notwithstanding the apparent steady and rapid rise in isimI ol the speculative stocks, prices for a majority of them rule lower than they did two months ago. The only stock, in which any gnat inflation is going on. is Krie Rail road, and if the speculative clique of the management can continue to put price* up several per rent higher, and can get rid of their own supplies, without breaking; dowu the market, we may expect a large issue ol new rtork, out of the balance ol the capital of the company. According to the last official report, there were about four million! of stock unissued; and as th*a company have no other sources of ineom* fot extending the road, but this stock and iuoomo certificates, the management will not let a good opportunity clip f r gettiag rid of a portion ot this uuifMn d stork, at fair prices, and no one doubts bat. that it would be better to is*ue stock at eighty, tfcar< sell seven per cent bonds at eighty-live; for, after th? completion of the road, the management have nothing to do with paying iutcrcst on the stock boyord wka$> the net earnings of the road will give. It wvuld^ therefore, be well for those who have bo?n purchasing this stock at high pi ices, on specuUtlon,npon the basU of a certain amount issued, to look out for an increase in the supply. The company probably wiU not. lbr years, if ever, have a better opportunity t) dispose of its reserved Stock than the present; for speculation hai* run prices up higher than the most sunguine friends ot the road could have expected from the traffic opera tions of the line. We find the stock of railroad companies in sll parts of the country, which are. beyond an ijuTi-uun. ariuiiuy earning six per cent on the ca pltttl iuve?ted, celling fifteen and twenty per sent bolow the Krie. and It Is, therefore, a natural conclusion that nothing but the excitement of (peculation, anil the concomitant combinations attending such moveuients, have ii.Hated prices for that ?to?k to such an extent, and ?o rvpidly, compared with solid, iub'tan tial securities. It the Erie Railroad Company do nob avail themselves of the high prices now current for their stock, to Increase Its capital, and provide mea ts to reduce its enormous floating debt, npon which {hey are paying ten. twelve, and fifteen per cent interest, and are continually shiuning about Wall street to rals* money, even at these exorbitant rates, they will mako a great mistake. Most of the other fancy stocks have advanced enormously within the past four months, and speculators have been furnished with any amount of means to curry these unguaranted unproductive securities, at the most moderate rates. Even unlimited fecilltiex will not, however, suffice to sustain prloes so much inflated, and so much beyond the real value ot these stocks It Is the easiest thing In the wortd to buy stocks in Wall Atreet. Any amount ot capital can b-> invented in them, without the slightest difficulty, aul j holders can fix any price upon them after thoy barn got them ; but it does not follow that people can as easily be found to give the price demanded. That Is the rock upon which all cornering combinations snllt and we hare never known one to escape. It matters not what the state of the money market is, what the resource* of peculators are, what the sstent of the combination, how many millionairn are eugaged, it is utterly Impossible to avoid the bte which ha* overtaken every similar movement ever attempted. To those who have had much experience in Wall treet. it is only necessary to refer to the attempt* mxle to corner Harlem, Norwich and Worceatur, Morris Canal. Long Island. Reading Railroad, Cantos Company, farmers' Loan?In faet, every fancy tvoek in th? street?tor a confirmation of oar statements. What has within the last fifteen year*, bankrupted *o many peculators. Vut buying and endeavoring to sarry large lets of faney stock* ? Ask any professional operator in the street, how he ha* made Urge iocs**, and ho will till job by buying and holding fancy stock*. As for outsiders, they always lose, koeanse they always buy In anticipation of an advance. They are always locking for a fortune, and never realise one. but oath* ?vmr?rj. lUTftrilDIJ gel WfU DUPff. UT IM tUOttsand* of outrider* we have, daring our exparlau**. met In the street. we do not know of on* who hM sol left a portion of his fleece In the hand* of broker who had Induced him to hay some worthless fancy stock. upon the a**uranc* that he could not, kj any possibility. fiill to raalixe an enormoaa profit, at the stock ww lure to rise, solely upon it* own msclte, (n, ten, or fifteen per cent. Outsidora are mad* to Mint In Wall street, that any fancy stock rites upon Ha own merlta. and thnt every one on the lint la calling for sa much less than wlpt It Is actually worth, that no avta* can take place calculated to depraM price* bat temporarily It must appear at extraordinary ta the professional brc k< r of Wall street, to tee men of meant, and apparently possessing an average shara at eomm?n sense. buy these worthleaa stock*, a* to tho thimble ritfger to see the green one* bat that they aouldtall where the little Joker wa*. or the horsa Jockey, to *eo Ben belling such a horse will win, when it wa* nil eat and dried that he should not. and we have flrenueatly imagined aeeing th?m laugh in thel* s lee Tea whan Mint rich outsider bad finally been induced to take two or thiee hundred share* of Long Island or Morri* Canal. We hare not alluded to thi existing condition at affairs in the financial and commercial world, because, in e<-an?cttou with tha Inflation going on in the fhney Meek n arkit. It was not necessary to show tha loevltsble result of that movement. That bnbbla will *ol? lapse, in time, irom Its own tension; bat It may ba hastened by tiie revulsion about being rvailaed In Bi-rcatillle matters. It only ra<|Ulras a glanaa at tha dally record of receipts at tha Custom lion** of thla port for duties on importation* from foreign countries, to learn the fart that tb* value of merchandise daily en ten d is Imirens*; and our weekly statements of export* iliow how limited the shipment* ol product*ar* in payment or in liquidation of our fori ign Indebtedno* After Cfifnparln* these thin!" the nuettlon naturally ailrr*. how la the large lalauea Ifkiu't il< c.n <ur f? i if n trade, tob* liquidated. or what yitTfttfl It'ft fhipu.riit* of rprcla '-It# tmwit to wtaieh to, t>jr the nmittmce of million* upon in.41 ion* of oar public rtruritln Public credit l? ^utltltlt'l for prlttl* rrnlit ami t?m ?lth tliia. thing?* cannot ba kept more than a fraction below ten per rent. Wanrw can d It g i ur atorl to F.uropc at the rate of half n Million ol dollar* weekly, and men wbo bafeiomt pratenr "Bilo-lirt wdiiMi point to that tnct an an ewt<l?nt* * f ur yreai prosperity; whercaa It I* the b>*t erldenrw in the w> rid that wr are rapidly approaching national bankruptcy Hut for the demand abroad for onr pntlic rtmkt. we by thl* time bar* been draitol fat lea.-t twinty million* of *pecla, and ?? hate merely put og the erll day. to make It mora dlaa*trou* ?h<n It comea Wa hare retalred nothing In pajnirnt forthe million* of American *ta?ka ?en t abroad but merchandise and thl* ha* glren nn artificial impetu* loron*timptk>n.andcreatcdeitraTffance wherw It wa* extracting capital Inatead of earning*. Wa Ha* laiprrt'd ten* ol million* more than wc hare atparted, and we hare matained the credit of Indlrldnal* abroad, by a trau*f.r of that of the Federal and Stata go rem ent* In tha o uoe of the next ?iity day*, we ahall hare to noiil. In payment of luterrat on A-nerlean atork* held by ftweignerc. at lcart *e*. n million* of dollar*, and that enorm< na amount net ha pai l In t erle In pr< Jurt*. or ba invaatr I !n government ttwki aid r> mittrd abroad If confident* In Itaropa fur <ur f i curitlea continue* undiminished, and tf^t d. mai d nt abated. the pr? babillty 1* that th* lat're*! dne in Jrly and Augu*t will be tnre*t< d in them, tn i nn!tt*d to li?|dir* and thu**wc|l tha am?aat wt rhall ultimately bere?jnired to liquidate Mti<h d. prnda upon a continuatce of th* demand fbr onr ?< uritie* atrad and upon onr aMIIty to ?? ply that dciratid. for the *lighte*t let ap In lit* *ala* fi?r r> mittaiice, would run up eirhangrf, and onu** I. I ll . t !? of H , niunt i on ;no<- In lha Cioraa we hare b> en an long pnraning. or thvfc will be a *ollap?e at otice. If the bank* do not want to ba ?lmlne<l i>r il,(y mnM < nrntirag* tha r?Mnlttan?a ?f IP'aari ii.'nl nil iwrnrt'lM, and If no ntkft <fmaud n M? ihtj mtifl go forward on ifwdtllMM' Tha my iir>pM?i? n bin obUlnnl dnwnward will k"|> u? 11 nr f?l a little ahila lonjwr, t>ut wh?a w? do I rii.g up at the bottom, tUe cra-ti will ba larrfia. 1 ha ? r?l j.U nl I In ollrf of tka *ui<tmt Tiwmw ot thl.pi.it, yaatrrday. an>>?rilritlfl$1t4 4il f; f*T" m<nl- >' ! 4 halanaa, ft *70 014 01 Tk) TtlM rf f> : .'id _ ?t ?t. <1 at Cm P'?r la?t wa#k fr* rorMiirptii.a ?a? rntar?d f <t warrhnmlag |11.1 ' ?i. h 'r ?!? fV- in avliiu" -?"? til. Tlx I t? 'Hf talr tha la??a of g - I < .In fnr 4<r?ii?* "111 :h' HIM hMM Il h !! ? ? ofl" >njr?a? I will ?-"'n kmaf a law It l? r?tlmat>>d that hara an ft< m ihraa t? f?*r million* of d >11 ir< wnfth >f gold <1 at>t iti thr mint. ?nd h<?l W? of r?rUflftt<*? P"" ,h??a dap tr? tr<M h? paid upon |>ri>?<-n'ailoa at lea of tbxAatUlatit Trtaaur-r aftar tbf Uwfo* i?t? fl.it

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