Saturday aTiffOm elloril 11" 1/aPftspatrrANoca 6Yvisa:. '. .A postmaster may en. *lose money in a lel to the publisher of a newspaper, se pay tits subscriptui ora third personeind frank the Jr, aerie written'by r. "—Arnos Kendall. Some of our siihiscrfbers may not betawareihat they , stay elm the; postage on subscription money, by re visiting the postmiuirer Where they reside to frank their :letters containing iviCh Money. he being able to ,satisfy kbimselfhofirre a lettering isealed, that it contains nothing but what refers to theaubkeription. • '(Am. Farmer. - 11:7 - A *current hip, free of postage. in advance, will - ipayfor three yeseksubseriptivu to the'lldiners'•Journal. Iliens3d h' rtit4 '' Whig Mousing 'l.l#ons. iii . I i rt PRESIRENT, N. IW, .H.IR A IiaILSON ) 1 .I oi H . onto. • IToR , IQE ITESMENT N.T. 410111: 4 1 TYLER"- I iyi .- , 111 G IN lA. L, ~ _ • Noningian Iroril Coicuany.—A prospectus has Norwegian ~ -teenisSued lly.ehrOles imwton," Esq., for the forma ji Lion of 4 Compapy l ; under the provisions of gen- , stralifoi l of in!corpoi tion for smelting iron with mut ,eral 'coal. Nye ; hti,,e heretofore spoken of the many advantageser,hielpte location of his land presents, r . ivEi.referr;ottr i ttaders to ths Law, which , will- be It found sin ourfuittl ' age.' We,trust soon to see, not 1 , . only this, NO EnstO similar com p anies, epringingtni .'— tin oar ivicini v ,kah re coal and iron are so lavishly 1 , 'furnished for mai i t! use and; benefit. Every eircum . stance I of p o lsition anti mineral wealth, points out Schuylkill I. otint', as the centre of a great iron suarketl, and ?we' r oat the time is not far distant; when the mo . l4:sr f tmoine hopes of , the friends of the ..r. gestalt !may b reStized. • ye; . . ' , 7 , • . , Fretßeading teed Me Pottsville Tippecanoe Chub have Oise t p i a Reading It ootn, at the . liar : rive and T}lle4 , est] Quarters " over Mr. Coates worth'e 'Watch '*re, in Centre street, next to the Amid,. It Ciiii o",i opened (124 from 9 A. M. to 10 P. M., l and thi attendance of all those who aro anxioo -to ,obitiin correct information on the *causes of our present distroes, die mismanagement of the public af fairs; en.l to find out the only sure remedy against themoire invited .:, attenl/at the above hours, free of all charge. '. l 2 The Cod; 84SESe.—The dotal has now been open - severalel, and our neighboring rail roads arealll prepared toi: to business, still but few have the meansl' or energyAi commence shipping. A few -boats -,have 4rietkiiith coal dirt or small coal to soli ply the lime kilns - llbelow, but no dealer has commen ced his regubir buiiiijess. All is stagnation ; and the .i severest retribudnn Which could befal-those who have cliroui3ht ahotitths:se' l evil times, would be to compel them to witnCas.thli m isery resulting from their mad echemei of priliey.4heir wild attempts to regulate the currency, and 'theis t foolish interfeinnee with matter 4 of political Cnn - my; -concerning which they have privied thein4dlveslc4npletely . ignorant. Hundred of tvoilunen nee Wrinint employment, and those who 110 find it, ate scilcus‘down in wages, by the Suh Treasury sys:l!mV refacing the price of labor, that 4cn Chair ilieS,isrelfalmoat destitute. ;'When the ond. :will!be, and what be intermediate distress, we dare not think: pe'Fiple only can put the shortest peri cid to the general Suffering. . , , • , .. Tro4 Oee.4lf any fur ther doubt exists, as to the quantity indquality of iron ore developed in our re- gion.let ,the iicept l ic. visit the St. Clair, Tract, owned by Messrs. Owes; Hurl A- Lee, where the most ex-, tetisiyc openings ! l ave been mule under the superin-, tondance of driptjrT.: J. Baird. _ . al h We have IteretTitore had occasion to 'mention the slavered place l T i where iron ore has been mined, and 'shall next vo*ek endeavor to give a full account of Allis. In the nictin tin, we advise visitors to take a raerniries,wilk, •cilbrarting the Gate Tiact, Monti: Laughee andithe Oit.,Cl,iir Trace, and we insure them a view of mi4re•ii j k.4 4a than u . eye bath seen, or vl • • , imagination Can em:Celle.' fl - , , i' . . ; • Disgractfel Fracas. -'ft would seem, by the Leg- Wanes, prose ilings of Saturday last, thet a l'lztoinu. - Ms.Eltveril the , ,lridicel frau' Bedford, ail content. smith heaping morns obloqny upou the body, hair the ruisicirtude to aehnovi ,edge him as a member, ha.; determined to; furriqih a pbysicaldmplay - of depra.' vity, on a paiovitb• lzis whole line of political conduct. This redoubtable giersori iw a Colonel, and of couve `imust'be a hero: End t prove •his claim to ibat title, made an assault open !!t.O.Higgirra uftiorthumberland, • • who'friint the effoi!as 6f a spinal injitry, was every way . his bodily inferior.' During a debate;;the Colonel rose trout his seat, crossed tl.e entire 11411, called Mr. H. a4l-0 pitpp7, acid spiti in his lice. The gentleman • tromNorthrtinberlanki neseitted it, and • , • thongh a very small mian, not river four feet high. knocked'tliefileierdeari bully down ! The members then interfere4or there is no knowing how the large soused gentliman would have tiriated the bully urute. A resolution was; ofmipessity offered, and a commit tee app - ointed to investigate the matter, and here we preiMate,.theutattcr will slumber until the close of the session - . • . Such are some of the evil effects of sending to our Legislature Jlalle, persons, whii are unable to check Blair own di•prived pa'sssions, and who walk about, among our auto ;makers, living evidences of moral . Isprosy and fnental degredilticig 7 -peraous who could acienkiln the atterition, of privatwcourtesy. acd who ars about H unfit to leliberate on the interest of a peat State, as Would lin a legion of fiends to become presiding officer 2 s of h. temperance society ! We •. Must; indeed k we . are I posince, the people of Bed ford will reitectifor, their own credit, and never a gain send thia. nii deformity disgrace our State council'. . • my. It bait aft nit.d us more than common pleas sire, to,learn, Inca the above was writfrn, that 'Thomas B. .!Mc #lisse aas ac.ty air r.r.L.tn 9.otu' the af,;Assetiblyi . by a vrite 58 Co 26. sh i g - Wicalifi-,.!nthere anti-bank times, people do sot like baidtshving : we therefore can refit our friends to mfr. enters, ssho will give them a dean and easy ahave i a4-I]la new shop, having recently .moved to the te l neerient fornierly occupied by . Mr. Coatswcath as it;,lwatch maker's store. if you weut the h •ad he can do it, to a hair. . , . . Ikitstateee r -This state will nobly redeeM the rc.; starseidiest yesir, in 'the approaching contest, with Havisi" m and It i yler in tho field. -Reform is c‘illedi ,for froniey,ery /natter, and a relief from those meas-1 , area which hard be 9 followed only by ruin and dis-1 teem; One of Pao most significant signs within our knowledge is; that incently, Thomas J.eampbeil, thel Whig candida4l for elector'lin the 4th District, and, oao.'W. Riceohe lee, o loco candidate, came in con-1 tact upon the 46=0.1 The Ziscomfiture of poor iticil was awfuL Ti e writ day 'he addressed a letter tci the Athens Co ;ice, withdrawing [Os name from the! elect Oral ticke4lonj the grouhd that 'tie bad not the • neceinstrynetitit for defending the Adcninistra-I tiOo f •.' 1 1 :if like waiti fue annin's COtten cfrguments to piove Martin Von! r • be Will be a long time Lieloyed.l - The . first Oirrition Victory Conneefietd True foille"Good Cause. The Whigs swept this State on Monday last, by upwards of 4000 majority—the Whig Governor is re-elected, and bottilmsn'ehel of the begislature by increased mrgorities. letithe remembered that the electoral vote of Conneeticut "was given to Van Bu rpn• in WU: this victory -therefore has been fought on the territory of the i ppeple's enemyoted the people have triumphed'. They have 19 out of 21 Senators, and more than two thirds of the House—a glorious sweep truly ! Miners' Bank.—The bill extending•the time and capitol stock of this Institution, has passed the Senate on third reading. Its fate now rests with the House. Temperenee.-820 personssigned the Temperan - Pledge in this Borough .last Stunlay. 1 : - -.Everrthing is comingilown,:but the &Italics of -the office holders, and. they are actually higher than aver. The dollar of the politician can now buy near •three tames the quantity of produce. it could have done a year agn, consequently the farmer is three times swirl() off, end the . office holder three times es well off. Think of that farmers, when you bring your produce to market! Ingenuity.—We have heard of the ‘ Yankeema* ehine, which, if yoti placed logs of wood in one end• wou!d,p•oduce ready made barrels, sausages, wooden Blocks, nutmegs and cucum'er seeds from the other. But our LegislatUre beats this—they all went into it .anti•bsnk, immediate resumption men-the wheels and cranks were turned, and out they all drop, real bona fide Bank Men ! More. Changes.r—Francis W. Lasak, a German, one of the loctifoco vmembers of the Legislature from the city of New York, has decla - ed for Harrison, having been elected last fall byolie- locos. The Evening Post, referring 'to this circumstance, admits that ma ny changes arc daily taking place, in favor of Harri son and Tyler. A meeting was held in Philadelphia on Thum day everaing.: in favor of 'a reduction of tolls on the date improvements. • Judge While is dangerously ill, and not expected !EM New Yuri,: City Truif.—This concern does not redeem its notes, payable on demand: its post notes therefore are trash. Rhode L./and holds her state election next Tues day : she will nobly respond to Connecticut. o general Harrison has done more ,for his country with less .conipenqation fur it, than any man living.' —President Madisoo. Martin Van Buren, has done less, with more coin pensation, than any living or dead. Neu" J e rsey Convenbon. 7 -Tho Whigs of th,s State held a Convention at Trenton, on Wednesday 144 0 . , Hard Cidtr, does o..t , est well on loco fuco atom uchs : they can't swallow Elmo Tii - kes, son of Mr. Harman Yerkes, well known as a stage agent in Philadelphia, was killed on the RA Ro,d in Broad Street on Monday last. He fell from the driver's seat, off a car; when six wheels passed over him, soveriug hie head from his body I New York - Rowdy Locos : —The Van Buren _party have regularly recognized all those rowdy associations, such as buttenders, indomiLibles, Inighpaws, 0. K. Clubs, soap locks, &c." as adjuncts of their party. The .New Era, a Van Buren paper of the first water, speaking of a late procession in that city, says The associations of the different wards, preceded by the 0 K fraternity, ihith'tnusic and banners, marched in procession to the Park, end their organized, under the Presidency of Mr. Charles G Ferris." If such annunciations as this, do not arouse the uiet and orderly portion of the Administration !Na ti, to a sense of their danger, the fault will be against a full knowledge of the evils which must emanate om its Popp° rt. American and British NavieS.—England has 111 ships of war in commi.sion, mounting 4184 guns, he aides 27 steamers ; the United States have but 34 ships mounting 668 guns and one steamer. cry Great Britain is making encroachment on our territory beyond the mountains. • More tiloodfloisnds.—The U. S. SChooner of War Flint" v.as at Matiinzes, on the llth ult, obtained a fresh supply of canine force-, and sailed next day. CoL.CrocktlE—A miter in the Austin Gazette of Taxi's, confirms thestatement that this gentleman did . ,it perish at the Alamo, but is actually a captive, la boring in a Mexican none. Legislative,—ln the House, Mr. Fvrd of Lancas ter otrerred a resolution instructing the Committee on. Banks to report on the subject of the recharter of the Miners' Bank at Pottsville, the Lancaster und' Leb anon Banks. Mr. Snowden said the Committee on Banks had come to the conclusion to report no Bank bills until the principle upon which bailing institu tions shit ho governed shall ho settled. Mr. Ford contended that the committee had no right to come to any such conclusion, but consented to apostpone inent of the resolution. Loco Foe() Banking —The Grand Gulf Ailverti ser says the Legislature of Alabama have conferred Banking privileges upon the Penite ntiary about to be erected in that State. It la to be a Manuel Labor" Bank, we preaume ion the regular Dyott plan ! The Cuntrast.--,-The more the people know, of Hurriion. they more they like him; the more they know of Van Buren, the more they dislike him. cr - i- The Radicals of Philadelphia held a meeting in tho State Rouse yard on Monday afternoon to de nounce the Besuinption BilL. 31r. Lee, one of the loco members from the county, who voted for it, hap. pening to be in the yard, was hissed and hooted off 'the ground, and compelled to place himself under the proteCtion of Mayor Swift. The Pr kt.-41e first number of Duff Green's new paper . , has been published at Baltimore. The Getter- An we the coalition well, and will exposit it. A ,Tirri.,f,4lfeetir?g, has been held in Lewisburg, Unit - in 'County. Spirited resolutions and addresses were given, The call for a protective Tariff is. daily beco6ing I,std-a. Legislature:—Th e resolutions offerred by the Hon. C. B. Penrose in litenaie in favor of the Tenff, have passed that body, as have also those by' Ron. Thomas Williams. instructing our representatives in Congress to advocate The distribution of the proceeds arising frenn sales of public landi, equally . among the States. !Susguehanna•Canal.—The Union Star says, "the water has been let into the Susquehanna Division of the state works, and boats' have commence:) yen- Ong. At a sale in Heayer county, some days since, a lot of Oats was sold at four cents per bushel! Hay at 50 rents per top !'arid Potatoes at eta ceuts'pee buibeli Thikhotrerer, was a famed sale. The Boundary fiaestion.—Among the =wilt-, more in connection with the portion which oar Sec retary of State, and the British Minister, Mr. Fox, have assumed. the following from a correspondent of Major Noah, is by-far the most pacific and reasonable: On the Maine difficulties,theßrovemment isnot idle. Gen. Scott is charged , with asurvey of the whole coast, and to - report the facilities, of transporta tion. The most pacific feelings are evinced here, by the President and the whole calinet on the subject. Nothing will be left undone to settle the difficulty with-honor and - tranquility.; yet it becomes necessa ry to take precautionary 'measures toprevent trouble which may arise on the borders from the contiguity of hostile agents. Great Britain has - the power to keep her men quiet, and await the orders of Govern ment; not so our Government; we are responsible for the acts of our citizens, and yet cannot control them. I sin in hopes that all difficulties may yet be settled amicably ; nevertheless events beyond con trol may lead to extremities." A General Bankrupt Law, seems to meet univer sal approbation at Washington. Reduction if, Itragfa.—Mechanics and working men, are beginning.to feel the operation of the Sul,- Treasury schemes. In consonance with the views of Buchanan, Walker, and its other supporters, the wa ges of the night watchmen at the 'Custom Bout., New York, and at the Nnvy Yards, have been reduced twenty-five cents per day. Thus the laborer has to submit to lower vniges, paid in notes, while at the same time, the salaries of the office holders, are increasing in value, as they are paid in specie which is at a „premium,. 'Buchanan's Measures Deno - zinced !—At a recent meeting in Pittsburg, whore several hundred.persons of all parties were ,present, including eharlei Sbaler and many other-leaders of thatahadow of a.party, once 'the loco focos, the following resolution was carried without a dissenting voice. :Nothing can be more convincing proof, of the unpopularity of those de structive doctrines which were advocated by Van Bu ren Stsnntors, during the disunion of the Sub-Treasu ry Bill : o Whereas, the design is manifested still further to depress the laboring and productive classes, by legis lating them into the condition of the working Men of European countries, where labor is from 18 to 30 cents per day ; and thus, encourage domestic indus try, by reducing the comforts and Independence of 'operatives ; forgetting that under our free institu tions, the 'yeomanry and operatives' in the4ton slave holding States are constituent elements or the gov ernment, anti not compelled to recieve as law the theories and speculations of politicians and political economists." Harrison in Virginia.—There is no stronger evi dence of the desperation of the dominant party, than their attempts to introduce local questions in the sev eral states which they think may militate against the People's Candidates. In the Old Dominion, the most powerful impulses are at work, and every re corded *t sign " is in favor of Harrison and Tyler : changes are constant, and they are greatest where Jackson forMerly had the largest majorities. The Vir 4 intans find that the 7 true democntic" candi dates are Harrison and Tyler, and that Van Buren is but the office-holder's tool. In the counties of Bot tetout and Fluvanna,..the former Van Buren Senator and both representatives are out for Harrison. In the Congressional District of little Tennessee, vt here Vqn Huren's majority in 1836 was five to one, the locos are doubtful whether he will noy\be defeated. Every part of the State gives the most cheering to kens that its electoral vote will be cast for the Peo ple's Candidates : that the banner of reform will floist triumphantly over the land of Henry, Washington, Jefferson, Madison, Marshall and Monroe, and that the utter extinction of Van Burenism may be confi dently anticipated. . * I f oco Martpriscniation 7 The Van Duren papers aro quoting from Mr. Davis' speech the following sen tence, " Laborers are bought and sold, Jake memhan dm in the market." We need hardly tell our read ers that Mr. Davis never asserted any euch.thing, and that the garbled version mow going the rounds of the depraved loco paperi, is intended only to deciove. The words as spoken by the Senator, were " much has been said of labor—what is it! I may say with out offence, it is a commodity bought and sold, like mercbandize, in the market." To such shifts have the locp/Zty been reduced in their hoptless endeavors tn rop a sinking cause— they hesitate at no prevari&ition, stick at uo falsehood to give a temporary vitality to the corpse-like remains of Vau Burcnism ! The Third Daariel Caae.—Tlie following evi dence, being the testimony or,lir. John E. Kean, in the disputed Naylor and Ingersol case, dischises a 5) stem of intended fraud on which we forbear to comment. The Tory Ingersul is well known, and he who would,have opposed the war of the Revolution, cannot be supposed to have muclipatriutism Jahn E. Kean incurn.-1 reside at No. 509 north Front street, Seventh ward, Northern Liberties.-1 am a tanner ; I know Bela Badger; I have known him 8 or 10 years personally ; his character is unim peachable 4 on the 16th of February last, on a Sun day morning, I received a written communication from Bela Badger, regnesting me to come to his house that afternoon ; he: stated in his note that he, had seen' Mr. Gill, and he -had told him he. would be there that afternoon, and wished me to be present ; I went and staid until candle-light ; Mr. G. did not come; I have the note; (not produced;) this le the note, in his hand-writing; I was present at an iuterview between J. C. Gill and Bela Badger after the date of that note_; on the 26th of the same month, at .the N averly House, 7th street, north of Chesnut ; on the 26th of February last, / accidentally met Mr. Bela Badger in Lhesnut street ; he asked we to go with him to see Gill ; we went and saw him in the bar room, in a short time he showed us a letter, say ing he had received it that day from MeV:lenity ; he asked us to walked up stairs; we did so, and went into a small back room, second story ; after being seated, Mr. Badger said : "Gill, you met me some teiv days ago, and told me you had something to cram • manicate, and said you would be up on Sunday terrioon."—you did not come; he said "yes,7 and made some excuse for not coming ; Mr. Badger ask ed him what he had to Communicate ; he said he had seen Mr. Ingersol, and ho .wanted him to go to Washington; and if he would go there, and stare what was said that he had stated here, (that time hun dred votes were pin on the registry at Badger's house) he would give him five hundred dollars and a suit.ol clothes; addressing Mr. Badger, Gill said—Sou know it is entirely false; I have already given an affidavit, that I know Of no frauds committed in 1838 ; I have a family, and am poor , I am determined to make all the money I can out of the "bugger," then come for ward and tell the truth; he has tried to hire me to perjure myself for his benefit; and the ruin of ; other pulite ; it's but right and - proper that he slieuld . be exposed; Mr. Badger remarked, di its .itumatestal . What's . hetween'you and Mr. Ingersol ; • all I ask is the :beneft of the .truth;" We'then separated; Gill showed me ri letter from C. J. Ingersol; that is the letter. (produced ;).. the words " free ," L In germ l" were on the outside,and opposits /r the word It was directed' to H. W. McDevitt, corner of Sixth and !Race street , Philadelphia ; the other words on the outside were, ~ the Post OfPce 'gentle men will please deliver this - leiter imniediately with. out, its beipg called. for." THE. MINER' JOURNAI. 'Thom , W. ,Gilmer, Esq., was duly installed in in the Gu rnatorial Chair of Virginia on the 31st ult. flispred4essor, Gov. Campbell, has won golden a •pinions fr , m all parties, on account of his untiring devotion t the internal itnprovement of the State. trous con A Nob Reply.—Among the many evidences of, popular f .ling, in relation to Gen. Harrison, we ob 'erre-the-presentation ofthe splendid living American Eagle, which was captured on the battle ground of Fort Meigs, and carried by a delegation at the mam moth Col mbn&Convention. The-reply of the old hero was ztremely happy, and referring •to the cap live bird,. e remarked, that "if ever the limo shall ar rive, whe the ben efi ts of a government established by comm ` , Tt efforts and common sacrifice s, shall be attainable y all, without regard to puliitc al opinions, the Eagle hall be , rekased." 'And ditill not that "happy lime" soon arrive ? It shall—the people have so willed it, and before the year has eipired i the noble bird will be released from his bonda e, and the citizens of our.republic relieved from their resent-senility. HI Louisviik.—The loss at the late dins agration is estimated at $3110,000. FM the mil of wit.—We must acknowledge lowing digest. of the President's last.Mes the Ohio Memomst, is a fine specimen of .n. It is published as the President's Mos ' down, and translated into•plain English, .Ilows Brevity that the fu sage . frorn contlensati; sage toiledi and is as 1. ' 1 "Fellow. 'Citizens : You are all t\razy. TI he credit system has made you mad- In 1 Europe, lalro ors get but sixpence a day. You get $1,60 for a day's toil. That is entirely too much.— You are befoming extravagant. It will not do. The Sub-Treasury Bill must be passed. In twenty-two out of twen i y 7 seven of the enlightened, free and hap py Despaturna of Europe, such as Prussia, Austria, Spain and Turkey. where kings wear crowns, and tLeir peopleirags--the Spb-Treasury system is all the rage. I anidetermioecl to follow their g. illustrioui '. example. ill pass the Sub-Treasury Bill, and there- r wages down to twenty-five cents a you may fairly compete with thtserfs of • he slaves of John C. Calhoun, my late nemy, but, now dearly bclosed friend by bring yo' day, so tbati Russia and ; most bitter rinJ causin. Look out , or a New Humbug f —The locus during the wholepresent session of the Legislature, have been., politidal rowers, looking one way and going the other. IThey met together, at the commence ment of the session, breathing destruction against the banks, deruluncing the monster and apparently de termined ter harmonize with the key note struck in Gov. Porters message, " that it was,highly expedient to separate Le concerns of the state from all entag ling alliance) with the Banks." But this determina tion was n4er real—they intended from the first to act exactly es they have done ; they intended to fas ten the Ban t king system on our State as part of its financial existence ; the constituents of these loco members ca led out in public "clown with the Banks," while they ere secretly writing to their representa tives begging them in "God's name to spare the Banks ! " c iThey accordingly did regalize the sus pension, a ept a loan from the Monster and compel banks l en d the other Hto money to the State. Now mark the gnd scheme of Intuiting that is about to be played o f CD As soon es the Legislature adjourns; meetings are to be called in every section by the locos, denoun cing their roceedings as not democratic, and re solving to cltizounte their farmer members, as trai tors to the party, and seducerafrom the true faith. The hum* cry of " down with the banks" is a gain to be u:sed as the watch word of the loco ,party, and by it, they hope to gain some little extension of political peter, or at least break tie s fall into that vor tex down which their own hypocrisy, "want of nerve" and duplicity have hurried them. But no ultimate good can lia attained- by this double faced procedure. There is no: a member of either branch of the Legis lature, whole table this season, has not been loaded with lettersi expressing the wishes of their constitu ency, and tresa can be brought up as evidence against those, who rill now raise the humbug cry of denun ciation ! The loco l a are in the toils—the net je spread over their limbs nd they hope for even the assistance of the paltry house to gnaw a passage for their escape. The expeciation is a vain one : our countrymen, with that nfidence which is ever characteristic of a young no have het etefore left the management of their a irs to stewards, and gone off into the fields of sm t ulation and impnreement, thinking all would be wb..l. But they have returned in time, In prove their itewards false, their talents misspent, and will now di miss them from their confidence. It is 1 mcriminate—the time is past to gull the iage of humbug has exploded, for knowl ler falcon flight, has visited every corner The people in future will betheir own in vain to v people—th: edge with of our land old their servants in strict accountability; rawn sad experience from the errors of d they will repair those errors ere it be .ey will rescue our country from the ar licentious rule of demagogues who arc Bed, but like the leeches still cry out for rulers, and they have the past, -a too late ; t. bitrary and never appe more ! Ttle verdict has been passt d—the Well is sounded, and the executioners await the traitor culprits !, I • ._ Genllemfg l is'B illagaz:ne.—The April number is as full of excellent reading matter as any of its predeces sors, hut ill plate is a perfect" April Fool." VI , heth itser friend urton places his " exchanges "on a par with dello pent subscribers, a e do nut know, but cer tain we ar/ , no merzotent was recieeed in'our copy. `Lam —The commissioners haveporform ty end the city of New York is divided y.thrce voting districts under the new eighth vi aid has eight districts, Regisay eit their d into Reyna law. The Glories i Taxa lion. —Sheep have been sold for one shilling a •heuti in the town of Bri.tol, Ontario Coun ty,'i Nuw ark, and wheat for three shillings per bushel In • ie town of Richmond, to pay taxes. ddcus Bats. C. S. Senator from Con :,aangerously ill at Weight:v - 4mi • • e the above was rvntten, we regret that fears are confirmed, and the Honorable 0 wore. The cuNtkirnary resolutions and e awarded in both houses of Congress. lion. 7 necticut, is co-•- Sin our worse tizeliator is , honors .we Idard.—lt ha • been.a blameable. inadvert— ence in nil net Where mentionedihe valuable mecca. stun to the PeoPle's cause; which this paper has brought iiito the Geld. It is conducted with great ability, and will take rank among the most prumin eat of the . peimy publications of the day... The Ste caster Union --This spirited paper. fel— . impulse of the cause of Harrison and Ich itiadvecnies. has been improved, en— mode many cbgages.i The whole liar - lumen as party must continual° enlarge 'the accomione of new Material for , com— a= of their candidates arid recruits to their The 1.4 lowing Tyler, wh , forged, ah' neon prey -1 to receive mendatio ran k er. oe Victory.—ln Moline, the friends of ryler, and Reform, were elected at a re ! r contest, by a majority z of 144. Last yr , :ar al 353 majOrity, makithr a of TiPPe Harrison, cent cha the locos war 300! NMPI!.MEI!!9! Mr. Ilairsas you be good enough to state to the public that Nathan Nathan has qppliedlor the Benefit of the luitolvent Laws, and 'the Court op,. pointed the 18th inst. •fora hearing. As this is a menet-4Ln which a large number in this region ere, in terested, they ought , to be made acquainted with the fact. A CREDITOR. 'ln publishing the:numbers of X, and ba our re -Marks on Coal Companies generally, we wish it dis tinctly understood that we are not opposed to those improvements which connect the coal fields with'the markets; but for the purpose of ensuring the utility of incorporated' Companies, they should confine them selve strictly to such objects, and leave the mining and the sepport of their improvements to individual enterprize. When the transportation and mining business are conflicted, they cannot be profitable : they are o clog to guch other, and must result in Cal- In No. 2. X, says that every Company engaged in the Coal Trade but two, have sustained loss. We go further, and proclaim boldly, that no chartered Comp Jay has ever made one dollar in the coal bust.' ness—la;making this assertion, we view the Dela ware Coal Company in tho light of an individual operator, for reasons mentioned in our last. We firmly believe that every Coal Company, which has been in operation for several years, has sunk all their Capital Stock. This is doubtless the case with the Lehigh Company . : their capital has been thrown away, and it is questionable whether all their im prOvements and lands, if sold under favorable circum stances, would liquidate their loans. The Company themselves seem to think that mining is a losing bu siness, and that it is better for them to discontinue it. In No. 3, estimates are made of the prices of Coal; these are generally placed too low by X—lower than actual outlay—there are only two or three collieries in this coal region, which can furnish Coal at X's es timate, and it is a well known fact, that loss has been sustainedhy putting red ash coal in the boats here at $2 25. Such being the case, any one acquainted with the Lehigh region, the position of its coal, and the manner of mining, must be aware that they can not put their produce in boats, 'ready for tranship• went, as cheap as the Schuylkill Region. If the:Lehigh Co. had confined themselves to the making of their improvements solely, and left the mining - to -individuals, their canal would no doubt have been profitable and their stock productive.— But the grasping disposition which induced their en deavors to monopolize all the business, which for years fought against all rival improvements, and sought to exclude all competition from the market, has worked its own ruin, and in its fall it cannot ex pect any commiseration: • Director of the Lehigh Coal and Navigation Corn In my No. 1, I showed that the interest on loans, and a fair allowance for repairs, locktenders' wages, salaries of officers, &c., made the annual cost of the Lehigh Canal amount to $244,924,59, while the whole, receipts for tolls during the year 1839, were only $141,300,11,*' thus showing an annual loss on the canal of $103,624,48, even allowing that portion of the capital stock expended in its construction (say all the old stock, or one million of dollars) to be en tirely suith, or in other words, to be wholly unpro ductive. In addition to this, it is well established and ac knowledged in the Reports of the Lehigh Company, that they are engaged in mining and selling coal. Now, it is notorious, that every Company, (with at most two exceptions) engaged in the coal trade, eith er in the Lehigh or Ochuylkill eget regions, have sus tained loss by their' business for the last two years; and, that it has not proved vsnr profitable to the Lehigh Coal and Navigation Company, may, I think, be fairly inferred' from their desire to discon tinue the business. Thus they say— The managers believe that the time is fast ap proaching, when it will be the intere s t of the Com pany to discontinue the business of bringing coal to market, and vending , it on their own account. This change in their operations will simplify the transac tions of the Company, by divesting them of all busi ness which is of a 313:11CANTILE CIf•IIACTZAm i It IS believed, too, that the exertions of numerous compa nies and individuals, furnishing so many separate venders of coal, will, on the well understood princi ple of a division of labor, insure much greater and more rapid success in sales, t than could be expect ed from the exertions of a single company, or any one vender." That the coal. business is not " their great prepon derating interest" we have their own testimony— . thus in their last report they say— • "Although our company are . themselvea the own ers of extensive and very productive coal mines, yet as the navigation is now their great preponder ating interest, it is obviuuily their policy to promote, by a liberal course, the utmost possible amount of bu siness on the canal, and on its feeder, the railroad." Whence then; are derived the Profits that are re ° . quired to enable this company. First, to pay the annual loss on the canal, . $1.02,624 48 Secondly; Interest on about $BOO,OOO. of additional loans.* at 6 per cent, 98,000 00 Thirdly, the 10 per cent dividends on $4,600,090 of capital stock, 100,000 00 Three hundred end eleven thousand, six hundred and twenty-four dollars and forty-eighth cents. Philadelphia, March 1840. • Even to make up tins sum, the Lehigh Comps. ny are obliged to charge a toll of 1* cents per mile on their own COAL which for 46 miles (from Mauch Chunk to Easton) is 57} cents per ton ; and as the quantity of Coal shipped by them' at Mauch Chunk during 1839, was 140,760 tuns, it 'would amount to $80,937 00, or within $60,363 11 of the IA hole Milk' credited to the Canal. The toll on the State Canal whichconnectit/witli the Lehigh Canal, is for Coal cents per/on per mile The toll on the Schuylkill Navignttan a. a bout the same, being 90 cents per ton for 108 miles. —Why then do the Lehigh Coal sift .Navigatilma Company charge on their own Cot/ toll of 11 cents per ton per mile! Does it not simply swell, the a , mount oftoUs on the Canal at/the'expense of their own coal trade, and is not that already borthened het yond its power of endurgdce3 That it is, will, I think, h erea ft er Shown. - ,/ The Lehigh Colitifany's stock ,of Coal remaining ,on hand, Unsold, -10 over from lest year, per their late report, was e0(,900 tons.—The value of this coal may be fluted 2 ati3110,000, upon which there may be sustained iinterelit. wastage, wharfage, labor, &c:, a loss of 20 / per cent; or one dollar per ton. 'this ,amount, $BOO,OOO 00, together with that stated in NO. 1, $2,707,188 00, makes the total e. mount Of loans $3,507,188 00, which appears is bi 3 what is ge6rally aCknowleded to be owing by the Company independent of their capital stock, $4600;• 080 00 . . Their white loans may, and probably do, exceed t amount.: .. • Direct.) 1 The 1 OE 'COAL COMPANIES. [Advertisement.] Dit) TO JOSIAH WHITE, ESQ., pan} No. III; TO _JosiAtt, WHITE, ESQ. i of Me : Lvhigh Coal. and •NavigationT . . : Company. . i igh Coal and Navignth, Cenomy are . .. . the owners of about 6,000 acres of land, which ..com %prise *e whole of the Edsvendi of the first or South ern Anthracite Coal-Field, beginning on the top of the mountain, about half a male; from the Lehigh Riv er, and near Mauch !Chunk, and extending' without interruptionlo,Tarnaqua, • on the Little Schuylkill, • a distance of-from 19 to 14 miles." If, then, we estimate these Peal Lands at the value of Fifty 'Dollars per acre, they would amount to $300,000, the annual ;interest on which, at 6 per cent., would be $lB,OOO. As Coal is not reproduetie l e, allowance ,must be made for the value °tithe Coal taken from the Lands: that is to say, the Coal, being of a given value un minned, when mined' and taken away; the value of the Coal taken should remain in money or its equi valent; otherwise, when the whole Coal is taken out and sold, the invested, capital Would be-sunk. The value of Coaljin the mine is dependent upon quality,-quantity and locality. Thus, in the same Red Ash Coal Vein,. where at a giving point / from the canal,-the Coal could be transported from the Coal Bartk, outside the mine, into the canal boat, for 25 cents per ton, the coal-leave (or the privilege to mine the Coal) would be worth 56 cents per ton; at another point, where-it would cost 50 cent per ton -to transport it into the canal . boat, the coal-leao. would be worth only 3l' cents per ton ; and et a more distant point, if the cost Of transporting it into the canal boat reached or exceed 81 cents per ton, (although in the same seam) the Coal could not be worked at all, as the'increasetli cost of transportation would equal or exceed , the of the Coal in the MEI This coal leave is independent of the cost of mi ning the coal, &c. The whole coat may be thus stated: Coal-leave (for the nearest mines to the ca nal,) Driving gangway*, mining, labor, wastage, • superintendence, &e. Expanse of transporting from mine aad•dis• charging into canal bout, Cost of a ton of Red Ash coal ,at Pottsville delivered into a canal boat, $2 - 06 The Rail Roads aneßranehes constructed by the Lehigh Company from, their landings to the Old mines and to the Room Run mines, including the branches in the mines, for the accommodation of their Coal trade, equal, in the whole, 25 miles in length. If, then, we - estimate for interest and repairs on twenty-five miles ot Rail Roads and Branches 'at,say, $2,000 per mile, it gives an annual cost of $50,000 00 To which add expense of freightint.with nau!es and horses, includrn4 weer and tear of cars, on 140,760 tons of Coal at 25 cents per ton • $85,190 00 1 This sum, divided by 140,760, the number of tons , transported from their mines to Mauch Chunk, dur ing 1839, would make the coat of transportition 61 cents per ton. If, then, we take the Coal leave at the same price as the Red Ash Coal at Pottsville, at a point where the cost of transporting it from the Coal Bank into 'the canal boats, would be equal to 61 cents, it gives 20 cents per ton for the Coal-leave on the Lehigh Company's Lands. And as the total quantity min ed during 1839 was 140,760 tons ,it would amount to $28,152 00 From which deifuct interest 6 per cent on $300,000, the value of the coal lands, This sum would give about 71 cents per ton for the coal taken out of the company's lands. Thus we have for coal4eave, Driving gangways, mining, labor, wastage, superintendence, &c. Expense of transporting from mines, and discharging into canal boat,' 61 Cord of a ton of White. Ash Coal at Mauch Chunk, delivered into a cabal boat, $2 01 Add to this cost, of freighting from Mauch Chunk to Bristol, Ip6 miles, including - • unloading boat, 84 Toll on Lehigh canal, 46 miles, at li cts. per mile, Toll an State canal, 60 chiles, at cts Wasting in handling, Wharf charges, piling, Ac. Shipping on board vessels at Bristol, Cost of a m tpn of White Ash coal delivered. on boa 4 a vessel at Bristol, , 473 To which add freight to New Yolk, 1 25 Coat of d ton of Lehigh coal at N. York, $5 72i The expenses in Neiw York are as folio*. Cartage from the vessel to tlie coal yard, Piling the coal in the yard, Yard rent, equal to per ton, Delivering cent to cohaumers, including charge for weighing, &c. The total cost per 'ton foe' Lehigh Coal delivered to consumers in New York, exclusive ol any profit or, allowance for had debts, &c., Six Dollars, seven ty-seven and a half cents. The retail price oct Lehigh Coal in New York ,11 Six Dollars and fifty cents per ton. The retail price of, ,Schuilkill Red Ash Coal in Ntiv York, is Eight Dollers;per ton. The retail price of Schuylkill White Ash Coal in New York, is seven dollars 'per ton, at which price all the Schnylkill White Asir Coal De*TB have sus tained loss. Where then is ;the profits of the Lehigh Co r al and. Navigation' Company on their Coal °p etitions, when the actual cast of their Coal deliver ed to consumers in 'New York is $6 77i, and the selling price is $6 5p per Ion; • . $311,624 48 Did and •the Lehigh Coal•and Navigation Compa ny hope, by low prices, and by / Playing a loosing game, for a given time, to Supplant the Schuylkill Red Ash Coal, the high rePutation of which in the Eastern markets, had commended for it a pricernuch beyond their own I and di4 they not hope, by des troying the individual °petatom of the Schuylkill Coal Region, (Whose comparatively ,Small means might soon be 'exhausted,) to secure to' themselves a monopoly of the Cont 71 , etde? AND HAVE TREY NOT MOST SIGNALLY *LIMED 1 t - X. Philadelphia, March, 184,0. I From Tamaqua, Lehigh Co'cil can be Unopen ed over a continuous !line o f f Rail Roads. of 99 miles in length, to the laver Delaware , at Kensington, in stead of being cried! over the mountain on the Le high Company's Rail Read of 9 miles to Manch huckle, and unloadeki into the Canal boats, and thence 106 miles by Vshigh kind State Canals to Brie. - tWhen the Lehigh Cornpany sell the coaldesse ofispy of their they get a price ranch' beyond Mis, but as they giCe that use of their rail midi ules, horsei, cars, &c.. without any charge s , although the nonurtalcoal-leaseapp+a higher, this is perhaps *bout the ectualomotint Tarred. - On the New Yoritl: * chargco no allowance is made f or waste, the ton of coal here being 2240 Ms. while s In New Yatit they sCII by he ton of 2000 lbs.; the "difrerenceli 2-5 per jCent. about su ffi cient to coy, er the Wastage., ; , 1 !- ''• 1 ' • , tr'..*m.Va-..in_....,- rrmar` , --... 4,.•• .. , ,---v:',":*PgeLzr,-,ntasi 160 56 1 25 35,190 00 18,000 00 $10,152 00 to 20 I 20 57i 45 25 20 15 46 77i
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