The press. (Philadelphia [Pa.]) 1857-1880, October 01, 1857, Image 2

Etf 6 „..,4 14
:44
Li II ' V, W . .64!
THURSDAY; OCTOBER 1 4 1857.
THE WEEKLY PRESS.
• ilia 'etglithnumber of the, WEEKLY PRESS, for the
week eliding watramty, October Bd, la tiow ready at
our countor.,. It la a very attractive and readable num
ber. • • „ -
• _
Second chapter of William Elder's biography of.
ELISHA KENT 'KANE; the great Arctio Eiplorer.
The Boy's Battle with the Books-4lia Studies at Play—
Reconciliation on his own „Terms and at Work with a
Will—His Collegiate Couree—inVil Engineering—
: System Salting the Subject—Dangerous Illness—Life
• in a New Light- , -Self-eulture, its 'Limits and its 'An
^ thorities-The Study of Medicine—A Student at Block=
ley'-Oharacter at Twenty-One—Clellbscy, and a Rea.
son for It.
.n interesting stork=
TEE GHOST RAISER. ,
THE EADMVRA OF THE REVOLUTION—GEORGE
WASHINGTON—(OriginaI.) -
PENNSYLVANIA HISTORY. - - -
WAIFS FROM THE WEST [SEANCE VALLEY—No.
4. Br .70)1R Or I.lsoarrcit—OrikinACY
POETRY. .
THE OLD BEGOAWS DEATII $6...**--FEtom ins
FAMICIELoP • 337 CHA . RLDD D. aIItDICTTS
—(Originat)
SEENNN—(origituo.) •
TILE LOST BOONTAIN—Iir 'Esiivis A. trwis—(Orig-
Ina.)
TRE BATTLE 01' LIVE=BY °so. BoieseinOt—(Orlll
-
HAPPINESS—Br Earstax A. Imers—:(Orlglnal.)
THE MIMOSA.—Br P: DE BADE ..TemaiNß:=(ariginal.)
THE LOST MISTRESS—.Br B. A. Olags. ',"
XEMORIAL VERSES—BY MARY E. PALLotrso. ,
ittIi3CELLANEOUB.
A BIT OP ROMANCE.
LITERARY ORITIOISMS.
THE KRUM OF !MISTY:
DOESTIONS IN PHILADELPHIA..
REMADE ADOWADDISRMENTS. . -
OBIMINAL TRIAL.IN ROME: • 0 •
MIRO AT PARIS. c • ' " ' "
IFYRIGASON -AND BLICHANAPP-A COINCIDENCE.
MAJOR RIDDLE AND ANDRE, ',' ,
THE CONVERTED ACTOR IN ELMIRA. ,
INTERESTING RELIC.
. • ,
YANKEE DOODLE.
THE APRICANItATION OR ORA.
PREPARATIONS' FOR LAIIIRDIING THE GREAT
,
.iNFASM3 - 11, DIDDiNG AND .SPIDITUALIBM
MASB&OHOSETTB.
SEBASTOPOL IN 1857.
SALANOIPATION BY-COMPENSATION.
THE ?MUNE BUNS' IN THE OOTOREE ELEC
TION.
PROCLAMATION' GP THE GOVERNOR.' '
WIT AND HUMOR. '
COLUMN , FOR THE YOUNU=ENDISIAS, MA.
- - . HADES, &.
%DEEM/UAL, RELIGIOUS, ' MISC,ELLANEOUS,
OEMS AND CASUALTIES.,
LATEST INTELLIGENOR,,BT • ELEGRAPH AND
MALLS, PNOM EUROPE, CALIFORNIA, AND
WHEY ?ART OF THN
TIEN - 13ANNS, 'TUNER CONDITION, LATEST i TALE-
GRAPHS, &a.
SPECIAL- WASEINOTONICORRESPONDENRE FOR
• THE WEEKLY PRESS.
-
•BTATE AFFAIRS.
COMMENCEMENT OF THE SEVENTH. ANNUAL
EXHIBITION OF THE PENNSYLVANLII. STATE
• AORICUETUBAL, SOCIETY.
- &TY A.FFAISS: -
EXTENSIVE ROBBERY OP SILKS AND TEI,TETS: -
DIABIttACES'AND DEATHS.
WEEKLY R.Evrew OP THE MARKETS.
TIiEMONEY; CATTLE, exp . , O,TiCER.
MiItEETS.
AGRICULTURAL DEIPARTISIENT.
THE KITCHEN GARDEN—HINTS FOR ITS MAN
• AGEMENT, , TOGETHER•WITH LISTS OF THE
KINDS Olt VEGETABLES BEST TO BE GROWN,
• VIDITOBIALI3.I
• .
MP - ANION OP BANIS43. ,
THE FINANCIAL CRISIS.
STATE POLITICS.
HEALTH OR OI,TIES. T
THE OLD PRINOETON COLLEGE. 3,
.LIEUTENANT HERNDON, IT B. N .
CRIMINALS, GREAT AN, SMALL.
PBAOH,IN KANSAS. • ,
NOBTIIIImani POLITICS.
HOPE FOR THE FUTURE. • -
DOUGLASJERROLD. ' '
430BI'Mp TELEGBAPio NEWS;
RECOGNITION OR MERIT.
SUSPENSION OF PAYMENTS. '
THERE IS PLENTY OF , SPECIE Ali '.THE COML.
*wet , wrra,'llrp :iltili4L'A.ll3 E. DO , •
THE OPPOETITEITY: - S.,
DEATH OP' Ei.SE,EATOR JOlrri HENDEECON, OP
'4OICOftOSIPPi:
, .
THE Banns ,
NORTHERN DIPTIOULTLES, AND SOUTHERN SLA.•
VERY THE 'STATE .416rfoit. -; 2• • •;'
THEII3T PORE/ON • ' '• '
WOKS; POE otrp NAYS PEED:, ••• •• • -+;
THE P,REEMENT 8.0)M.-- AN INCIDENT,
THE WEEKLY -PRESS 1s futnished to sitite'ritiors at
$2 per year, in advanee,,f j c , orilia Single iipkind b:1 Clubs
of hentY t when , sit 'Vt. one, addrees - , Ettp,'ln adhnee. ,
Bitigto cciplea for site at the count er otTrts t.toino or !
Ace, is Itt*Pro, read P,,,f°r ' •
Peridue 'tending 'chip'
,ot• tvelkt,ror,tlOt tidy lame
Islie in ioind thit tbn pa p er , thniotdertd catutotbn di
hated to each, autg.criber, utiles the club price of nal
per inn* is, pay% and paid, is 'advance. Thy le in
accenlanee with l our published. rates,'snd 'loin a our
frlenda have ohrloolted it: Our hearylists compel ns
to 'adhere, to this ride.
p a -ton Aret - ptigisT-Bditorials, Orange
ttnd Green, Hudson's Bay
~Territories,'Ceram
nitiegionl,lnterestieilitiirreiml?etterAeier-
al News, ze , ' • '", r ;
. _
.
.
iputhe,h fourth page—The very able speech
of flarmuira Riau, Esq.; lice.:,`' '' " '
'
per Our 'candidate for" Governoi, ,IoSiterat
Wmi.LSK P. PAOKER;' is at the 70i3i*nitian
Rouse. He arrived, In this city yosterday
morning.
, 'ARE YOU ASSESSED T
.To-day and to-morrow, ara the last days
upon which parlous,: ran', api6seci, in the
Several Wards. We give this 'invitatian to all
citizens. : ; ;; '‘ •
PREtkIDENT BUCHLANAN ON THE Su lEN/
SION or lesr:
We have,. f9r, the twentieth road the
ntifeithlahlihe speech of .41ise,, : 13yetimirin,
delivered in the Senate of the United s'itates?
err tlie 22d of January; 1840,' on theltiqopen
debt Treasury bill, and in,* course of opi
re'ading,lrave been admoriiihed,:not ,only 9f
the truthfulness of the picture he has drawn of
the panic of 1887, but also' of the "singarr and
foreet'ul appliCability of his sentiments tb `the
bitter experience of 1857. ..i7o:exgument that
ever_ was prepared, pronounced; and printed,
by a pliblic,man, was more industrie!isly mitsie
preeented than. this very `aneeci of lir.' lin
ortarusr„ The writer of, this article could nub-
Loh a'full volume of incidents :to 'which this
speech has given', rise. The rieWSPaper arti
cles, the' addresses nt Public;Meetings; the',4ie
bates-in Congress, gave it ,an -importance t in
the - public view which could not attanh to ainy
production not the effort of a manieriniud. i
It. Will be xemmitbered that .itr„;t•Avs, a
Senator In Congress 'from‘,MasSachusetts, re
plied to it, and Misstated Its 'po'sitiOtq 0) adroit-
IX as tp . pna6l,3 fl49,4PP9 ' sitic?fb
General Hammes for ithe3Presidency, to use
his plausibUities to the Intiniteldery4e!,o '
, the;
lienuiCratto . party, . aristieted
hisadversarY, Mr. Dow; and in the,r,course of
the eontest , nearly every leading . man - in both
brinehes of Congress, hecanie"ittOre lese
votied hi the diScussiOn. The principles of;Mr.'
Recnanan, , however, were - endnring. , l Liable
to, misapprehension and misrepresentation, they
conittituted,,for a time, faverite?basis; for an
tagonism, brit every subsequent day has served
to strengthen and'sanctify them.
It is envious to read' over the debate growing
ottt ibis remarkableipeeon. •
. .
Nearly every position assumed by Kr. 80.
onanau, seventeen years ago, , has been fully
sustained. -His (Onions road to'
. i 1 at this
diy 'like 'propheciefi. FelloWing, as he' did,
the ' straight sloth of- philosophical ..refiec
tion, and speaking no thought not founded in ,
the sincerest consciousness of its Irtith,We are
impressed by,the contrast'' hich his logic pre
comparison with. the attempted con
tradictions of his opponents. Since the .time
when. this speech,was in'onOitncecl, the Indei
pendeikf:Tretunii7: has ~ beeti tested; and his
triliMphedlittlie test . , Repealed: in 1841, the,
nest - Congress succeeding that in which Nr. :
Bueirarianspoke;it vni!if restored tithe seeond
session orthei Congress, attd fro* ti# dayte.
this has hems gathering roiontit i the approyal
of- the whole countryomd .extorting. from its
former opponents the warmest admissions as . to
its practicability and necessity. le one word, it
has become 'Wiliest al; much an inatitution of
-the country as-, the . Ognstitution -Itself, and
- nothing but the ,money.. and influence of the
banks have' preverded'ltiladjitioit i by the be-'
veral states; f9itye fOnde,Of
thitieotile'of the reiMeetiVe. States:.'
The speech of Mr. Same tn , ,sitraCtsfrom
414`, ire - Putlish this - ruoriiing, contains
a remarkable picture of the suspension' of 18a7_
432 4'40 tfrgllht':witich, transpired , before • and
after that ,eatastropho. I We' beg the intent.'
e,,%deit4striy well , this - picttire' . ardl fe
apply its truthful lesson to our' present mein`' °
- rabhtsipe4eiscf fronallislesedi he'wlll
41FailotW'fiiit'cari Tor The 'tifettsiiis
which capital, industry, and enterprise now
labor. We confess that, in the course of our
experience, we have never secnva more re
markable transcript ofp,re . aot, politics copied
from the record of (Aker 4.4 it .Z*T9t 'onig; the
elastic character of ont pepitlatinn, their' mi
raculous resourcesOliek,ap# 2 4 ll g Cpergy, are
set forth in this sketch eisthe'panie 1887,
but the relations of trade on this continent to
the trade in the Old World are described
with a luminous simplicity that cannot fail to
reach the humblest understanding.
Mr ; ; übtaib,ollruly Say's ; that no nation
upon earth . could pass through so many vi
cissitudes and trials in the monetary and `po
litleakvorld, and could so readily and rapidly
arise from them, as our, own. , Let us from
this characteristic gather courage in the pre
sent exigency, and we shall• then feel that,
although prostrated by a conjunction of events
far beyond the control of the people, still we
have left us our natural and recuperative
energies.
But Mr. BUCHANAN, standing in the Senate
in IH4O, seemed to look with a prophetic cle
in another respect. Re spoke to the labor
question then and now. What be uttered in
that day is astonishingly apposite to this.
Labor has not yet begun to feel the full force
of the present' contraction, and we trust and
hope, for every, reason, that it may never feel
it. But we, fear for the worst, inasmuch as
industry on no former occasion has l ever
escaped the ultimate burden of a calamity in
the monetary market. It is on this point that
Mr; BUCHANAN speaks with" voice potential."
It is here that he admonishes the country
against the evil of a small-note currency.
We ask the Legislature of Pennsylvania,
those who have been recalled by Governor
Poitou, to ponder well the counsel of Mr.
BUCHANAN on. this.important question. We
ask theni to forbear the application of nostrums
to the chronic disease Under 'which the body
politic labors, and to refuse the issuance of
another flood of paper money, fruitful, as it
must be, of inconceivable disaster to industry,
and of dishonor to the State.
THINGS RAPIDLY BEING FORGOTTEN
lathelutsty chase for money news—in the
eager discussion of cent. per cent.—in the
anxiety to ascertain who has suspended or
failed—Whiltme dispute over the broken banks
of the West, and of the North and of the East—
while one, class scolds New York for paying,
and another because she will not refuse to pay—
do we ever think of those things which, under
other circumstances, we rarely forget? The
patent questions for newspapers, a few weeks
ago; were the Kansas question, the Hindostan
•revolution, the meeting of Congress, the Cen
tral American treaty, Tehuantepec, and the
Chinese war ;and yet, at this present writing,
these - topics Seein to ,be as old and as stale to
ns as if they were discussed ten years ago.
Oneh is the intensity of the absorbing anxiety
for'gain, and for wet% and the selfishness of
our nature.
183E4 AND MT
Ws riolnowlts it
,was in 1838. Then the
Government Of Pennsylvania required large
suniabf 'money to complete the Public works,
and were ,Ohliged, in order to procure them, to
Sell to the banks the privilege of suspending
Specie payments, that they iniglitloan their
irredeemable paper to, the
,Columonwealth.
The State now needs no such aid, and the banks
Must rely upon themselves and the require-
Monts of the community. In 1838 the banks
loaned'
millions upon millions of• dollars of
their irredeemable paper to the Government of
penneylvania, and this, more than any other
Cause,' produced the relief laws of 1888,
1839; and 1840. „
PROSPERITY AND PANIC-NO. 9
! Apeculia'rity Of the present money panic is the
lowvate of thieigu, exchange, allowing on its face
is largo balance in favor of :the United States,
Which is no doubt the case, to some extent, mince
the wants of •Brlgland and. France have induced a
large demand' for gold, one of our staple produc
tion* and whieli lies mid well,, better than the
large supply would apparently, have justified. Ac
trding to the treasury table, there were in oircu
lion ' in' 1850;' $154,000,000 of specie,
,banks
Ineliaded ;" in 1855 the ailment' on the same au.
hority had risen to $.355,000,000; showing an
)nernase 01'1'100,000,000, , Or an annual surplus of
$20;000,000' added .to the circulation—a pretty
large invoiatment 'in 'cirrency; And which, with
the bank ;palmy,' Should :certainly, suffice fie
ourriiltay. But notwithstanding that large supply,
the 200,000 minors. of .California ' continued to
prodilee 859,000,090 pe'r annum. After they had
kotie'to all thelrosuble of scratching it out of the
ground; they did not want to put it back again In
a' hole. • They desired to get something for it.
hey wanted beef and pork, and butter and
. lothes.,, - Mt4sy 'Warsted to crane 'home, and they
said passages, and spent the gold after they got
home' for' the comfort of themselves and fa-
MilieS., 'But the $100,000,000' they dug in
the last two years was more' than was
anted for eireulaiJon. It accumulated in bars,
in the hands of . the bullion brokers in Wall
.
istroet; '.'whci offered to' ,Pell it at one-half die
eoufit' rather than' have it coined. At the same
"rinse the Bank of,Frence wante:. l money, and they
made a contract with. Rothschild- to buy gold for
'hem at a premium, and the agent er that house
nett the liars that ' were offered bet ' s at a dis
durst, and sold diem at a.preminm under his eon
met., _ It is very clear that the gold was ,not given
1 ,0
away,; and that France and ether buyers must
tux, ;TO pay in gold would be ridiculous Hence
they Pay With 'the products' of their own labor,
is: in. geode. If California goes. on to produce
gold; she must hive a .market for it, and
she Must sell .to people who also want cotton and
food in inimensequantitiee, and they can pay for
all oats/ in goods'; brit we have received this year
pot goods enough to pay for all this gold Bud cot
ton' andllood .",ke. • The money spent in railroads
1
pas trenebed upon the consumption of goods, and
the exchange indicates that France owes for a good
Ideal of that 'gold yet. ' Thus good bills are selling
at par on London, at 5.60 f. on Paris. This quo
4ation of pdr meets that it will pay 6 per cent.
srosflt in thirty dayli tto import gold from London. The
! quotation par, is nordista. ,It is a misnomer that
pas often been explained. In colonial tunes, when
tpanish dollars were the ourroney here, the British
, karatad was called equal to $4.44 of Spanish dollars.
iGradriellYthe relativeValtasof the, metals changed,
land the pound was worth a premium until 1830.7,
!when Congress passed a law changing dm quantity
'',f,i' gold in the dollar. The eagle of $lO was made to
;contain 232 grains of pure gold ; and .as the
?sovereign contains 112.88 grains ,of pure gold, it
is worth $4.85, or 9; cents premium oh the old par;
that is fogey, $4,800 is exactly the same quantity
Of pure gold as £1,000; but to-day in New York an
.order to receive £l,OOO in London can be bought
tr $4,400; to get the gold and bring it home will
~ st about $l5O, leaving $3lO profit for thirty days.
;It is Stated that the Vanderbilt, from Havre, will
;bring $500,000 specie.
l 'This state of exchange is not that which bull
'cats a large debt due abroad, nor does an increase
bull
',
cats
$100,00,0,000 in our gold currency in five years
,indicabann'insedficiency of money here. These two
'facts arc ftttal to the theory that our money has all
:helm exported by the foreign trade. Nevertheless,
the extreme depression in exchange would never
have resulted from a simple • balance of trade, It
in aided by , Viers ; on the, part , of hebituel bill
,dealers,in reialion. to ;whit may' be the effect in
!London of.the depreCiationof all Amerieart, securi
ties, complicated with the. loss of . the • Central
!America;.rind the chances of a large export of gold
to' this, country . This ' Aspect of affairs, present
ing itself on a disttrbed Lesulon market, may elicit
measures directed against American paper; at the
game time the dearth of money prevents the usual
getnari,d to pay for goodo. - •
•
The itimossibllity ,of sailing exchange operate s
very adversely upon the import of produce, and
also upon its movement from 'the interior. It is
hard for a shipper,of produce to lose nine per cent. '
froim the . laCenf hie, account to redeem his bill, and
therefore difficult for. the commission, house to
advance -to the country. This ;paralyses the
export trade as' well ;as most others, and the
Osiition of affairs is now so well defined that
oven the banks adMit that the will to loan is
all that ia now required to' restore the usual tone
of the market. Accordingly,' the majority of the
New York banks have resored to increase their
',discounts three per cent„ 'spud to $3,000,000 this
week, during which the heavy fan payments of the
dry-goods trade commence , 'The mere announce.
relent' of 'such en intention caused relief, and dis
'eaed private lenders to imagine' that, the highest
discounte fOr beat paper ,had hems reaaked.
The banks held on Saturday $13,300,060, The
Sub-Tretumry has since paid ontsl,ooo,ooo, and the
city Savings banks , will realize $2,200,000 from the
Treasury for United Stated stocks, while $1,500,•
000 is at bandfroni 'Palitorlaa. t esiakt3 tbp great;
Pupply of produce soul sterling bills on the meaket,l
the United States Tree:serq also disbarsee largely ford
the Mali serv,lcti. ; Thei total supply thisffmair from
alt sources is placed abase 05,0,00,000, and: sllls, in
Cenneetien with the fact-that nq now protests au)
reported, takes a• little of the fright out, of the
tanks, and enabled them to come to the detennl.
natiOU,Yeaterdity to:inereatio A sir dissents three
per cant., that is to say, add i3,,000,050 to the pre
sent line of discounts. There have been, in,
con-
Sequence; eome sales of paper .' Oma private bank-
I log-hease . lied the courage to buy its own paper at
eighteen percent„ 1 , , , .
" • The perseverance. Engine and Ira sae Com
pany of Lebanon, Pa:, last week received b, andeome,
Ttfirillso-wi,fwen their. new
u lt if ie rm th e " =l m o n bi el
the employ to leave on Saturday afternoon, b ' t9ate .
tend Philadelphia parade.
THE LATEST NEWS
BY TELEGRAPH.
THE DANIgi: WRBSTER AT NEW ORLEANS.
Non-Arrived of thO Star of the West et Key
OARS FOR HRIt SAFETY.
New ORLEANS, September SO.—The steamer Daniel
Webster, arrived at quarantine, reports having waited
at Key West three days, in expectation of the arrival
of the Star of the West, from Aspinwall, with the
California malls and treasure that left San Francisco nn
the 6th inst. This delay in the arrival of the steamer
at Havana has given rise to apprehensions for Sr,
safety. It may have been occasioned by a detention to
the steamer ht Panama; on the Pacific.
NEW ORLEANS, September 80—Evening —The steamer
Daniel Webster has arrived. She left Havantion the
24th inst , and Rey West on the 28th. The Star of the
West had not arrived there up to that time, though four
days over-due
The trtah Expedition—lmportant front Utah—
Relief of the Money Pressure by the Trea•
sury Department—Nlcaraguan Affairs.
WASUINGTON, September 30.—it letter received to
day from Fort Kearney, dated September foth , ethics
that two companies of troops had arrived there that
day, on tho way to Salt Lake, and that the fifth and
tenth regiments of infantry had reached Fort Laramie.
Colonel Raman had releed five hundred kegs of
powder in a Mormon train. Returning Californians in
formed the writer of the letter that the Mormons were
making preparations for the fight, and did not conceal
their hostile movements. Elder Kimball, In his sermon
in the Tabernacle, at Salt Lake, said he could, with his
wives, whip the twenty-five hundred troops, and do a
good day's work on his farm in the afternoon. Ile
farther remarked that the provisions for the army
would reach the valley, but the troops would never
enter Salt Lake City.
Orders have been sent from the treasury department
to-day to the New York assay office, for the transfer of
a large amount of bullion to the Philadelphia Mint, to
be coined into small pieces, to meet the pressing de
mands of the business community for change.
General Walker's sword wan sent to him this morning
by express.
The treasury department is still engaged in doing all
It can in a legitimate way to relieve the money pressure.
Applications for the redemption of a large amount of
United States stocks are steadily on the increase.
Wm. Pitt Platt has been appointed postmaster at
Piettsburg, New York, in place of Moores, resigned.
The whole number of warrants issued from the pen
sion oßlce during September, under tiro Bounty Land
Act of March, 1855, was sixteen hundred and twenty
six, to satisfy which, nearly 245,000 acres are necessary.
The names of fifty-five thousand and ninety pension
ers, for revolutionary services, have been placed on the
rolls since March, 1818; but on the 30th of June last,
only three hundred and forty-six of this number were
reported living. 4 7T
The Administration has not yet received any definite
information from William Carey Jones, relative to poli
tical affairs in Nicaragua. While certain parties aro
strongly urging the recognition, by the President, of
the Minister from that country, rival interests are en
deavoring to prevent it. The Minister from Costa lies
claims that his Government has something to say about
the Transit route, but It is believed that the Adminis
tration does not respect that aaaumptlon.
prom South America.
New YORE, Sep. 30.—8 y the barque Antagonist, which
arrived here to-day, we have Buenos Ayres papers to
August 14, fifteen days later than previous advices re
ceived via England. The news is of but little
im
portance.
The Provincial Legislature had passed a law, confis
cating all the lands conferred by Bons upon his
minions,
The first railroad in the Argentine States was to be
flaugurated un August 30th, with great ceremony. It
s a short affair. running from Buenos Ayres to a small
town twelve miles inland.
In the province, under the rule of General Urquiza,
there had been disturbances. Revolutions in San Juan,
Tueuman, and Salta had been suppressed, but the papers
state that a general feeling of disaffection Pt apparent,
and that the opposition to Urquiza grows stronger
'every day.
The frontier Indiana, who were lately threatening to
invade Buenos Ayres, had fallen to aghting among them
aelves.
From Montevideo we have dates to August 12.
The Republic was distracted by the intrigues of Oribe
and his partisans. The newspaper discussions were very
'violent. The editor of one of the papers opposed to
Oribe had been attacked by an assassin. On the Ist of
August a man was (wand with his throat cut near Orlbe's
conntry.tonse.
The yellow fever had entirely disappeared.
"Washington Monetary At(olta.
Wasutsoros, Sept 30.—United States stocks amount
lug t 01400,000 use received here to-day for redemption.
Monetary affairs continue quiet, and there Is no excite
ment, though there is a considerable pressure upon the
business community.
The banking houses are all paying specie.
The New York Crleis.
NEW YORE, flitt..3o.—There is a much better feeling
today in all kinds of business, and the panic is con
sidered as over. No failures are reported
PECODEID DESPAREff
NEW YORK, Sept. 30, P. 31.—The firm of Samuel 'Wa
ling Zs Co., salt merchants, hays suspended.
The New Jersey Banks
Boaiixoros, X. J., Sept: SO.—The Harlington Bank
as not failed, being abundantly able to pay all its cir
culation and deposits. But, being influenced by the
action of the Philadelphia banks, has partially suspend
ed. It continues to"pay out small sums in coin. The
Mechanics' Bank at Burlington, and the other banks in
Burlington county, pursue the same course. We are
assured they are entirely sound, and will resume specie
payments as soon as the Philadelphia banks resume,
and at an earlier day, if such is course is deemed pru
dent.
The notes of the Burlington Bank are te4twinett in
Philadelphia at thd Philadelphia Bank, and the notes
of the Mechanics' Bank at the Bank of North Arnerl-
The Stigelfank of Ohio
Commune, 0., Sept. 30 —The Board of Control of the
State Bank of Ohio, at a meeting held here to-day,
unanimously adopted the following resolution t
Resolved, That time branches of the State Bank of
Ohio have the ability, and will continue specie pay
manta, regardless of whatever course may )p taken by
the banks of other States.
New Orleans Money Market
New 01ILEANS, Sept. 30.—There was nothing doing
in the Sterling Exchange today, it being impossible to
sell, The money market here continues tight.
- New ORLEANS, Sept. 30.—Ootton—there were no
sales to•dAy, awing to the impossibility at selling Ster-
ling Exchange. Pharr his a declining tendency; sales at
g&.62%.
Freights ou cotton to Liverpool 4.
- The Allegheny City Bank.
Prresennon, Sept, 30 —The Allegheny City Bank con
acmes specie payments on all its notes' and deposits.
Connecticut Banks
HARTFORD; C0E611,10,0. 30.—The banks of, this city
have no thought of 0u4444)ng. They are satithed that
the crisis has past.
The Boston Banks
Bosion, September SO.—Tbo proposition to extend
the discounts to the extant ol 10 per cent. on their capi
tal stock has beau signed by all
. the Bank President e,
giv Alf a aru i e h o t : r ill a ssYs ' . e li t u o tdr A , a ;elli i , a d: i li s ill, extension
hardware dealers, has been announced tp•day.
AI fairs is Chicago
Cum Acia, Sept. 30 —Messrs. Swift, Brother, & John
son, bankers, have temporarily suspended, this morn
leg. There is bitt little excitement.
Altair§ In Delr,olt
Doraorr, Sept. SO.—The Peninsular Bank of this city
has been enjoined to-day by Attorney (leneral Howard
on Recount of Its refusal to surrender to the State Trea
surer Its Circulating bills, to the amount of the deli-
cieneies between the present value of Its stock securi
'Li es and that of ita * t wisting notes, as required by its
charter. It is said thef .tht.S P49k has abundant means
to ay its debts.
The Steamer Tennessee,
New YORK, Bept. 30.--There are mums that the
steamship Tennessee, which leaves hero to•dag or Now
Orleans, is connector with another fillibustering expe•
dition for Nicaragua
Selling of the Persia.
140), yonx, Sept. W.—The steamer Persia nulled of
noon for UMpool. She Carries out no epode.
Burning at n Arppellor near Chicago
01110A00, Sept. 30.—Tbeinumllpr, Louisville, belong
ing to the Northern Transportalio,u, Company, woo
burned last night ten miles from here. Thohoat and
cargo are a total lose. 'They are insured for 822,000.
to the crew, except one fireman, were eared by the
atigioner Elbe.
Markets
nStaigOaS,tieltember 30.—Flour is steady at 1.5.50
for cash. Wb Wavy, except for strictly prime ; low
grades of White vt*yi At 87N erll.l2X ; good to prime
Red, $1.12x51.20; ,$f.25®5140. Corn—White
an d Yellow quoted at 5$ ceNa. Whiskey 23x24 cents,
for Cosh.
PUBLIC AMUSEMENTiii
If the ballet, entitled "Il Birriehino di Parigi,"
had been produced at the Academy of Music be
fore "Faust," the success of the Bunsen{ troupe
would have been assured and decided from the
first. "Faust," splendid as it was, has hot so many
of the elements of popularity as this new and beau
tiful ballot, which won the oft-repeated applause
of a orowdhd house, the most crowded of the sea
son, as yet. '
The opening seam% bafore Notre Dame do Paris,
(very miniature indoed,),ls (all of action—really
what is comprehended in the tyyr pantomime.
It introduces the hero—birriehino ip ftely,gamta
in Paris, and seeps-grace with us—and shows him
saving a child in the Seine, whieh, at the Acade
my, is placed a greatdeal nearer Notre Borne than
we recollect ever having seen it.. There are come
good dances in this act—partioularly a sort of gyp
sy duet by Louise Lamoureux and Signor Baratti,
and a tbarming polka, by Meddle. Lamoureux
and Signorina. Teresina Pratesi.' The lest named,
wo should say, plays the , role Of the hero—the
wane-grace!
rn the second Act, tits4ery-telling properly
commences. There is a grate jest of action,
which almost supplies the place of dialogue. There
le a splendid Giardiniere" dance, in 1434 eight
of the principal female performers take the lead,
wirieh struck us as being the prettiest and most
(Muate thing of the sort we ever saw.
Tie;011 Ad is all dancing—and each dancing
too. Arlds,Nites place in a salon at Paris, a most
sumptuous/sone, where a masked ball is supposed
to be in progrptis. Here there are a military
dance) a masked #'r°. (quaint and amusingot a
pas de dear. by_Loidee banioureuX & Signor F.
Baratti, rind the klarseilltusu galop. Of all the per.
r u nganees, however, that uthit,toro . ar rests was a
raw, Axed by two of the tamale
: polymers,
,deelhaillyeipmost complete, perfect, q beauti
ful d anc e we ever saw. The curtain toll' on a
groups bearing the tri•color flag of France, with
Atm rpusio of the Iflarselllalse.
This' ballet 'is a• decided success. There has
never been any thing better than it—nothing at
ratlike it, in this country, until now.
ides...lfewealtxtrtsri.—At the Walnut Street
Theatre, this evening, Mrs. Hoey, the leading
cotneatienne of New York—the "bright particular
- star " of Walleok's company.—takes her benefit.
We have only to name the feet, we hops, to re
mind' play-goers of their pleasant duty—paying
homage to talent and beauty. ,
THE PRESS.--PHILADELPHIA., THURSDAY, OCTOBER 1, 1857.
MR. BIJCWANAN 9 8 SPEEciI
Wait Awn.)
IN SENATE, JAMIAItY 22, 1840.
What has boon the financial history of the
country for the last tweuty-fivo years? I ean epoak
with positive knowledge upon this subject during
the period of eighteen years since I first came into
public life. It has been a history of constant vi
bration—of extravagant expansions in the business
of the country, sueeeeded by ruinous contractions.
At successive intervals many of the best and most
enterprising men of the country have been crushed.
They have fallen victims at the shrine of the insa
tiate and insatiable spirit of extravagant banking
and speculation. Starting nt the extreme point of
depression of one of these periods, we find that the
country has boon glutted with foreign merchandise,.
and it requires all our efforts to pay the debt thus
contracted to foreign nations. At this crisis the
banks can do nothing to relieve the people In order
to preserve their own existence, they aro compelled
to contract their loans and their issues. In the hour
of distress, when their assistance is most needed,
they can do nothing for their votaries. Every ar
ticle sinks in price, men are unable to pay their
debts, and wide-spread ruin pervades the land.
During this first year of the cycle, we are able to
import but comparatively little foreign merchan
dise, and this affords the country an opportunity of
recruiting its exhausted energies. The next year
the patient begins to recover. Domestic montane
tures flourish in proportion as foreign goods become
scarce. The industry and enterprise of our citizens
have boon exerted with energy, and our productions
have liquidated the foreign debt. The third year
a fair business is done. The country 'presents a
flourishing appearance. The banks, relieved from
the drains of spoofs required for foreign export,
begin once more to expand, and tempt the unwary
to their ruin. Property of all descriptions com
mands a fair price. Tho fourth or the fifth year the
era of extravagant banking an dspeeulation returns,
again to be succeeded by another ruinous re•
vul sion
This was the history of the country np till 1837.
Since then we have travelled the road to ruin much
more rapidly than in former years. Before that
period it had required from three to six years to
get up an expansion and its corresponding explo
sion. We have now witnessed the astounding fact
that we can pass through all those changes, and even
from one suspension of specie payments to another,
in little more than two years.
It is curious to observe with how much accuracy
you can read the ever-changing condition of this
country in the varied amount of our imper . tationsi
Tho year 1836 was ono of vast expansion, and
produced the explosion and suspension of specie
payments in 1837. The imports were greatly dt
minished in 1837, being less than they had beesain
1836 by nearly fifty millions of dollars. In 1838
they sunk down to twenty-saven millions 1 han
they had been in 1837, and nearly seventy seven.
millions lees than they were in 18311. In 1839 we
had another expansion, and our imports were
forty-four millions of dollars greater than they
had been in 1838. This expansion preceded the
explosion and suspension of specie payments in the
month - of October last. Thus wo have become such
skil(pl architects of ruin, that a single year was'
sufficient to prepare the late explosion.
There never has existed a nation on earth, ex-.
cept our own, that could endure such rapid and
violent expansions and contractions. It is the
buoyancy of youth—it is the energies of our popu
lation—it is the spirit which never quails before
difficulties—which enables us to endure such
shooks without utter ruin. Yes, sir, a difference
in the amount of our imports, between the years
1836 and 1838, of seventy-seven millions of dol
lars, is sufficient to excite the astonishment of the
world.
What causes chiefly operated to produce this
speedy recurrence of the second explosion and
the second suspension of specie payments? Three
may be mentioned. In the first place, after the
bank suspension of 1837, every person who was
friendly to well-regulated banks, If each a thing
be possible under the present system, ardently de
aired that the different State Legislatures might
impose upon them some wholesome restrictions[
It was expected that they would bo compelled to
keep a certain amount of specie in their vaults in
proportion to their circulation and deposites; that
the foundation of a specie basis for our paper cur
rency should be laid by prohibiting the circulation
of bank notes qt the first under the denomination
of ten and afterwards rimier that of twenty dollars;
that the amount of their dividends shoold be limit
ed ; and, above all, that upon the reourronoo of
another suspension their doors should be °based at
once, and their affairs bo placed in the hands of
commissioners. The different Legislatures mot.
Much indignation was expressed at the conduct of
the banks. They wore severely threatened; butat
last they proved too powerful for the people. In•
deed, it would almost seem 118 if most of the State
Legislatures had met for no other purpose than to
legalize the previous suspension of specie pay
ments. No efficient restrictions were imposed.; and
the banks were thus taught that they might there
after go unpunished—unwhipped ofjustice. I'ast
impunity prevented them from reducing thelibusi
ness and curtailing their profits in each a manner
as to render them secure in the day of trial. They
have fallen again; I fear again to enjoy the same
impunity.
In the second place, the immense amount of
money loaned to many of the States in England, a
largo portion of which was brought home in the
form of foreign merchandise, afforded great facili
ties for ovortrading. or rather overbuying.
And in the third - plane, the eondnet of the Bank
of the United Stales gristly MOO tq produce
these excessive imrtations. That institution be ,
came the broker for the sale of all State hods in
Europe. It endeavored to monopolize the entire
cotton trade of the country; and it drew bills of ex
change on England, most freely, at moderate rates,
against the proceeds of the bonds and of its cot
ton. Every temptation was thus presented to spe
culations in foreign merobandjee.
These three causes oombinifig, have occoarienod a
second suspension if specie payments within two
yeare a'ter the first, and - produced that bloated cre
int system, from the wreck of 'Oda our eonntly le'
now deeply suffering.
I most heartily concur with dhe - Senator from
Kentucky In one of his positions Wo certainly
produce too little and import too much. Oar ex
panded erodit System Is the groat cause of this ca
lamity Confine it within safe and reasonable
bounds, and this disastroua effect will be
produced. It is not in the power of Congress to do
much towards a consummation so desirable. Still
wo shall do all we can ; and the present bill will ex
ercise SUMO influence in restraining the banks trots
making extravagant loans and emitting extrava
gant issues.
What efi'eet has this bloated system of 'credit
produced upon the warals of the country / In the
large commercial cities, it has oonierted almost all
mon of business into gamblers. Where is there
now to be found the old-fashioned importing mer
chant, whose word was as good as his bond, and who
was content to grow rich, as our fathers did, by the
successive and regular profits of many years of pa
tient industry? Such men were the glory and
pride of mamma, and elevated the °barmier of
their country 174th at howm end. abroad. ask,
where arc they ? not the rote almost extinct "+
All now desire tq grow flab rapidly. Each takes
his chance in the ldtteryef spectrlatten.'„Worigh
there may a hundred chances to one against
him, cub, aa,gerly intent the golden 'prize,
overlooks the intervening roe s and quieksands be
tween him and it, and when fr BMW thinks he is
about to clutch it, he sinks Into bankrUptey and
ruin. Such has been the fate of thousands of our
most enterprising citizens.
If the speculator should prove successful and win
the golden prize, no matter by what means he
may have acquired his wealth, this clothes hits with
honor end glory. Money, money, money, confers
the highest distipotion in society. The republican
simplicity and yirtne of a Macon would be sub
4eets of ridicule in Wall 'street or phostnut street.
The highest talents l directed by the pnreA patriot
ism, moral worth, literary and professorial V—
ein short, every quality which ought to eon r dis
tinction in society—sink into insignificance when
compared with wealth. Money is equivalent to a
titja pf nobility in our larger commercial cities.
This in air, pipet of our credit system.
Wo have ,ividely departed from the economical
habits and simple yirtaer sf ,dor forefathers. These
are the only sure folinthitions upon which oar re
publican institutions cali'redt. The desire toreako
an ostentatious display of rapidly ocquired wealth
has produced a splendor and boundlati experlda un
known in fernier f)ines. There is how more extra
vagance in our largo eommercuil cities than exists
in any portion .4 Gip weal, which I bap Over
seen, except among the woolthy niddlity or Eng:
land. Thai* Heaven, this ktra,vagaiice has but
partially reached the mormiains ondytdieyeßf the
interior. The people there, se far as their poten
tial voice can be heard, are dotormilled to pot an
end to this bloated credit system, which threatens
to involve not only their private fortunes, but their
political liberties in ruin.
On Friday last, when I very unexpectedly ad
dressed the Senate, I stated a principle of political
economy which I shall now read from the,book.
It iatkisi That if you double the amount id the
nesessary circulating medium in any country, you
thereby double Hie troprirral T itle of every article.
If, whop the sgirod .1; N mil EI O , '
an article should eirt ono d; or, itnyhtfid cost two,
if, without any increase 41/mils& ota'Cifinilating
medium, the quantity ihadalo . , 2, oaSe4 to one
hundred ' millions." The same effect Would he
produced, whether the circulating medium were
specie, or convertible bank paper mingled with
specie. It is the increased quantity or the me
dium, not Its character, which produces this effect
Of copse J leave out of view irredeemable bank
paper.
Lot me now pck4er the proposition with irhich
I commenced; and P repo fit that Edo notpretend
to mathernetjaal aceuragy in the illifistraGoll itich
I ehall present. Thu United B tatCP.CainV7r4"l9
with Germany and Francs ; the former a or -mo
ney country, and the latter approaching it so ~early
as to have no bank notes in circulation unl , the
denomination of five hundred francs, or near ono
hundred dollars. On the contrary, the tidied
States is emphatically a paper-money country,
having 0414 hundred banks of issue, all of ahem
eipiktiag •neAep sif a denomination as low as five
dollars, sa i l pop: of them one, two, and three bolter
notes, J"o, overfdaftil• 61"g'old sod silver in the
vaults of Masi Wilts,. Vie,1, 105 1 2 e OW, ikwi
and some of theta as Inge as teif,'&l4 even tareed,
dollars of paper. This produe!ni yapebeeVer•
changing expansion of the currency, and It tense
quat increase of the prioes of all articles, the value
of which is not regulated by the foreign dmaand,
above the priced of Blotter articles in Gorman and
Franco. At particular gages of our expansions,
we might with justice apple tho principle which I
have stated to ofry trade with these countries, and
assert that, from the poet redundancy of our cur
. renoy, 'orb manufactured in Francs and
Germany for eriodialf of glair actual post ;; this
country. Let me present en example.' Ilitler.
many, where itho ciirrency is( purely Metallici bed
the cost of every thing is rodaded to:p hatit'lliOneY
standard, a piece of briguichitl pan Is menu*.
tared for fifty dollars, the nianufacture'Or which
in our country, from the expansion - Of opi paper
currouoy, would cost ono hundred dollars. What
is the consequence ? The foreign French or Ger
man manufacturer imports this cloth into ourboun
try, end sells it for a hundred dollars. Dom not
every person perceive that the redundancy d our
curroney do eqtral to a premium of one hundred per
cent. in favor of ,the Preto manufacturer? No
tariff of protection, unless it corned to prchibi
tion, could countermit this veutahty [fiate in famr of
foreign manufaCtUrmanufactures.wpu to eavVei
could arouse the attent of every manufacturer
of the nation to this important aulnedt.
The foreign manufacturer will net receive our
bank notes in 'payment: Ile will take nothing
home except gold and silver, or bills of exehsnge,
which are equivalent. He does not expend this
money hops, where ho would be compelled to sup
pen his family, ours to purchase his labor and ma
torials'n't the same %to pp prlees which he receives
for his manufaCtures. pfkt e oontrary, he goes
home, purchase's 'Vie labor, his wool, ond ell other
articles which enter into Ste manufacture, (t) half
their cost in this country, and'agaiti retdrAs
in
undate us with foreign woollens, and to sum our
domestio manufactures. I might citeany Other
examples, but this, I treat. wine suffici ent to draw
public attention to the et:bigot. This depreciallon
of our currency is, therefore, nquivalept to a direct
protection granted to the foreign over the tileteletip
manufaeturer. It is impossible that our manufac
turers should be able to sustain such an unequal
competition.
Sir, I solemnly believe'that if we could but re
duce this inflated paper bubble to any thing like
reasonable dimensions, Now England would be
come the most prosperous manufacturing country
that the aim ever shone upon. Why cannot wo
manufacture goods, and espeolally cotton goods,
which will go into successful competition with
British manufactures in foreign markets? Have
we not the necessary capital Have we not the
industry? Have we not the machinery? And,
above all, are not our skill, energy, and enterprise
proverbial throughout the world'? Land is also
cheaper here than in any other country en the face
of the earth. We possess every advantage which
Providence can bestow upon us for the mourn ,
tura of cotton; but they aro all counteracted by the
folly of man. The raw material costs us less than
it does the English, because this is an article the
price of which depends upon foreign markets, and
is not regulated by our own inflated currency. We,
therefore, nave the freight of the cotton across the
Atlantic, and that of the manufactured article on
Its return here. What Is the reason that, with all
these advantages, and with the protective duties
iThich our laws afford to the domestic manufacturer
of cotton, we cannot obtain exclusive possession of
the home market, and successfully contend for the
markets of the world' It is simply because we
manufacture at the nominal prices of our own in
flated currency, and are compelled to sell at tho
real prices of other nations. Reduce our nominal
to the real standard of prices throughout the world,
and you cover our country with blessings and bene
fits. I wish to Heaven I could spilt to a voice
loud enough to bo heard throughout New England;
beaus°, if the attention of manufacturers could
"once ho directed to the subject, their own intelli
gence and native sagacity would teach them how
injuriously they are affected by our bloated bank
ing and credit system, and would enable them to
apply the proper corrective.
Although thin bill will not have as great an in
fluence as I could desire, yet, as far as it gees, it
will benefit the laboring man as much, and probe
hly more, than any other class of society. What is
it no ought most to desire? Constant employment,
regular wages, and uniform reasonable prices for
'the necessaries and comforts of life which ho re
quires. Now, sir, what has been his condition un
der our system of expansions and contractions? He
has suffered more by them than any other class of
society. The rate of his wages is fixed and known,
OA they are the last to rise with the increasing
Ipansion, and the first to fall when the correspond
ing revulsion occurs. He still continues to receive
his dollar per day, whilst the price of every arti
cle which be consumes is rapidly rising. Ile is at
egth made to feel that, although he nominally
earns as much or even more than he did formerly,
yet, from the increased price of all the necessaries
of life, he cannot support his family Hence, the
strikes for higher wages, and the uneasy and ex
cited feelings which have at different periods ex
isted among the laboring classes. But the expan
sion at length reaches the exploding point, and
what does the laboring man now suffer? He is for
a season thrown out of employment altogether.
Our manufactures are suspended; our public works
aro stopped; our private enterprises of different
kinds aro abandoned; and, whilst others aro able
to weather the sterns, ho can scarcely procure the
menus of bare subsistence.
Again, sir: who, do you suppose,held thegreater
part of the worthless paper of the one hundred and
sixty-tlve broken banks to which I have referred?
Certainly it was not the keen and wary speculator,
who snuff's danger from afar. If you were to
make the search, yon would flail more broken bank
notes in the cottages of the laboring poor than any
where else, And these miserable shinplasters,
where aro they? After the revulsion of 1837,
laborers were glad to obtain employment on any
terms, and they often received it upon the express
condition that they should accept this worthless
trash in payment. Sir, an entire suppression of all
bank notes of a lower denomination than the value
of ono week's wages of the laboring man is abso
lutely necessary for his protection. Ile ought
always to receive his wages in gold and silver. Of
all men on the earth, tho laborer is most interested
in having a sound and stable currency.
THE CITY.
AMIISEVENTS THIS NVENING
40ADEMY OP MUSIO, BROAD AND LOOOST STRUM
tUrrichino pi Parigt."
NATIONAL. TITRATRR. WALNUT STARE; ADOVE EIGHTH.
The Stanger; Or, Misanthropy and Ilepentance."—
, Ity Aunt."
WURATLET'S ARCM STREET TREATER, ARMS STREET,
ABOVE SIXTU.—•' The Vietima"—" Wild Oats; Or, the
Strolling Gentleman."
WALNUT STREET THEATRE, N. E. CORNER O► NINTH
AND WA LIM Ermoirts —" Irish ROMS; Or; West End"
—"Domestic Economy. , '
VIONEDY'S VARIETIES, FIFTH AND CHESTNUT STREETS.
—Vocal and Instrumental Concerts.
SANPoRrOs OPERA House, igt.RPSMTSI STREET, liOOVS
COSMO? —Ethiopian Idinotrolay, concluding with a
Laughable Burlesque.
Second Day of the State .dgricultural Fair.—
We paid but a brief visit to the grounds of the Ex
hibition of the Pennsylvania State Agricultural
Society yesterday afternoon, and were indeed grati
fied to witness the increased attendance and the
general improvements manifested in the arrange
ment of the various articles in the differeAt tents.
Duripg the early part of the day the Fair grounds
were literally thronged, and the scone presented
was most animated and novel.
The various avenues leading to the exhibition
grounds, at a very early hour in the morning, corn
.meneed to look like aisles of market houses, hav
ing on either side, stands, booths, and tents, con
taining edibles, !to. The Milesion apple and sake
vending fraternity were well represented—oyster
.soup was smoking hot, with a remarkable scarcity
,of by:stare; and small boys, tattered girls, semi
'lunette canines of eccentric movement, and inde
jfatigable farmers' boys in the pursuit of excite
ment, were plenty.
As the bap ow apace, the scenes became still
more varied. The Biar4ot street omnibuses—the
Chestnut street emnilmses—the Twelfth greet
omnibuses, and all the other 'buses, were as fall of
people as if one of the banks of the Schuylkill bad
commence paying specie currency, and was having
.a, t rap" upon it, Uyer Market, street bridge there
was a string of vehicles as long as a law suit, and
as varied as the trading stock of a Yankee pedlar.
Comical parties went over that bridge. Imagine
a pot-house politician—a Homeopathic doctor—a
broken-down lottery dealer, and an actor, all in
one vehicle, belaboring their animal until his over
wrought feelings found vent in kicks of no very
gentle character.
The spectacle presented from Market street
bridge wee highly eireptive. The g reel ten' of
the' grounds, relieved by the gravelly circle of
the race-course like a gigantic finger-ring rest
ing upon a cushion of emerald velvet; the spa
cious tents of milk-white canvas, with ropes
tightly drawn, and ample flags flying from their
peaks; the horses, trotting at pell-mell speed
around the course ; the long lino of cattle in the
open sheds that bound the west end of the en
closure; and thegroups of people ever changing
their PesitioP• like the pebbles Iq CI kaleido
scope-rail gembined tq 'present a very inspiriting
picture.
Tho sensation makers outside the Fair have a
num4PF pf shelve, to which a half-dime admits the
visitor. The attrantiong qt two of these places aro
educated pigeeporkers whp are taught to follow
in a given line from their keeper's foot and select
a card to which he points with the toe of his boot.
As the cards are inscribed with answers to ques
tions which the hog-teacher propounds, a few small
laughs are elicited from the rustics, and piggy is
voted a very knowing animal. Another genius
exhibits a pig with six legs; while a second shows
an animal which has every appearance of having
been freshly barbered. as " the vonderful 'airless
og, jest brought from Wan Dieman's Land."
The exhibitde a 'ceding, of coarse, and in his
loquacious manner is very entertaining. An
other genius has rigged up a picturesque tent.
Upon its side is represented a serpent of mar
vellous dimensions, from which an African is
fleeing at great apparent speed, with his eyes
projecting like the eyes of a frightened lobster.
Surmounting this work of art is the distioh,
"The largest rattle snail( in the world." In short,
what with tents, booths, refreshment wagons,
wheel-barrows, stalls—till for the sale of edible and
drinkable' nieknieckis-•-and a swarm of itinerating
pedlars with very large baskets and Very little in
them, there js.quite as much of life outside the
a
Pefr s there is in it.
I,Ye'jtafee iiothi'ng to add relative to the articles
on exhibition by individuals They are all ex
cellent tin the :western side pf the race coerce,
ae we remarked yesterday,' there iv a fine tent,
from the penji of Which tharie 'the flag of the
State Poultry Soeiety. This department is very
interesting, and contains rarte Reeser every varie
ty. Among thorn is a Shangline rooster, of such
dimensions that we wonder the owner doesn't
break him to harness and set him to ploughing. In
the way of eating, these Shanghaes are hard to
beat. A farmer assured us that ho once tried a
rooster against a mule, each being furnished with
it bushel of corn, and that at the end of two hours
'Gip rooster was half a pock a-head This, how
ever, we think is slightly apocryphal and leeks
aontitinevitin. But, taken as a whole, we think
the hen 4eVartvlnt oho of the finest in the Fair,
and d'eeidedly'kdoiniaittld`that'lbe rising more
tion be permitted to see the rnflnttd eerieties of
the gallinaceoue and web-footed tribes brought to
light through the management of poultry fanciers
In the way of Cochin Chinas, Brahma Pootras,
Bantams, and other rare fowls, tho relationship
of one species to the other seems especially singu
lar.
• Another large tent is devoted to fruits and vege
tables, in which mammoth pumpkins, egg plants,
anii diVers'nnwieldy wept; productions, excite
ttid ypritet'e Lenient& ' 'fl' , eeih this' collection
consists Of a' op/entity of eluOttirrof a blue plum,
milled the Gordian prune, raised jh Tndlelin county
by a German named Peter Pfeifer. These plums
grow in dusters of from eight to twelve, like a
Mulch of grapes, and, in our view, are a decided
novelty. The exhibitor is unable to speak a word
of English, yet displays a large silver modal, which
was awarded to him at Harrisburg, with conscious
pride The same man has a work, written by him
self,:deserihing a remedy for the curculio A new
r "
, Abseil by en Englishman named Peter Potts,
raised. l'Air Pittsburgh, Is especially notewor
ai *Nits!, beithtiftdSPOCillien N7O have ever
seen. At the HoriEdnitu'rat Exhibitherspething
near so luscious was presented.
It is estimated that over five thousand persons
visited the exhibition yesterday, and we doubt not
that double this number will do the same thing to
day.
The announcement of the award of premiums
will not be made until to-morrow. The police ar
rangements yesterday were most admirable. The
dotal ofthe Elith Police District did excellent
tervice! Th ere was not a single arrest on or about
the grounds, hhd the best possible order wwl We
eerresl " Sleviatt erendeeed consider
' able service - rn the prevention IA diatrhettons by
carriages 4urin g the entireday.' The anneal
dd
dresa Cam) the Socie7 'Will 'lib delivered to-mor
row afternoon.
We see that one of HolataV pglPrigJatipg vrf
life-boats, is exhibited at the Agrieulturd pejr,
' and from what Has been said of this boat, it will
no doubt attract' the•general attention of the visi
tors. , We are informed that the peculiar advan
tages of this boat will bo explained by Captain
James Marks.
' dlecitteet at the Fair Ground.—About seven
o'ekent bd evening, entered man, driving a oar
alas° en' t i lie l aaca maga at the Agricultural Fair,
wee thrown from 111§ viihicie by coining in contact
with another otirrlage, and etas Very serionsly in
jured. A gentleman grinding on the Moe wee
struck by one of the wheels, and received a severe
injury on the breast. He was taken to his resi
dence in Green street.
Spirited Democratic Meeting was held at
Frankford last evening, in the Twenty-third Ward.
plo r ineqt speeahes wore mad', and a series of ap
roprlitt?
. i:esoNtleps va , itnonsly adopted.
Y'q-day, nt tprep yee, gle grand trial of
spad lay Tho horses on exhib it tion at tho Stattaair
Will bake' place. It will be 'an interesting spec
/019s •
First Quarterly Report of the Fire Detective
Polier.—We havo been kindly furnished with the
following interesting report of Mr. Alex W. Black
burn, Chief of the Piro Detective Police :
MAYOR'R OFFICE, PHILA., Sept. 24, 1857.
Hon. RICHARD VARA, Mayor :
Sin: I herewith transmit fur your information,
tho first quarterly report of the operations of the
Fire Deice tire Police.
The whole number of fires of all kinds, which
occurred in the consolidated city of Philadelphia,
for the quarter commencing June Ist, and ending
August 31st, 1857, was one hundred and forty-three.
The location of these fires, as to wards, was as
follows: First ward, 12; Second ward, 4; Third
ward, 7 ; Fourth ward, 7 ; Fifth ward, 7 ; Sixth
ward, 9 ; Seventh ward, ; Eighth ward, 1 ; Ninth
ward, 5; Tenth ward, 6; Eleventh ward, 5;
Twelfth ward, 5; Thirteenth ward, 6; Fourteenth
ward, 9; Fifteenth ward, 19; Sixteenth ward, 1 ;
Seventeenth ward, 1; Eighteenth ward, 1; Nine
teenth ward, 6; Twentieth ward, 8; Twenty-first
ward, 4; Twenty-second ward, 5; Twenty-third
ward, 2; Twenty-fourth ward, 7. Total, 143.
Tho properties destroyed or damaged by the
above enumerated fires, comprise the following
list, which exhibits their description and character :
Dwellings, 47; stores, 18; stables, 16; manufacto
ries, 15; unoccupied buildings, 4; brick kilns, 4;
taverns, 3; shops, 3; sheds, 3; chimneys, 3; print
ing establishments, 2; bath-houses, 2; offices, 2;
lumber yards, 2; slaughter-houses, 2; barns, 2;
refectories, 2; bakeries, 2; ice houses, 2; mills, 2;
outhouses, 2; haystacks, 2; unfinished building,
1; laundry, 1; boarding-Louse, 1 ; church, 1; ice
depot, 1; daguerreotype saloon, 1; synagogue, 1;
theatre, 1; freight depot, 1 ; lime-house, 1 ; dry
ing -kiln, 1 ; spring house, 1; piggery, 1 ; hayrick,
1; quarry, 1 ; steamboat, 1; omnibus, 1; charcoal
wagon, 1 ; crate, 1 ; fence, 1; cotton bale, 1; whis
key cask, 1; bureau, 1; chest, 1; bed, 1. Total,
165.
The origin of tho fires was as follows : Accident,
29; inoendiarisrn, 25; gas-lights in show windows,
8; explosion of fluid lamps, 6; children playing with
lucifer matches, 5; recklessness of drunken men, 5;
sparks from chimneys, 4; unknown, 4; spontaneous
combustion, 3; foul chimneys, 3; defective chimney
fines, 3; negligence in placing lights too near win
dows, 3; fireworks, 2; lightning, 2; friction of ma
chinery, 2; carelessness of vagrants, 2; hot ashes,
2; mischief of boys, 2; heated stove-pipes in too
close proximity to wood work, 2; intense heat of a
glass•anamelling oven, 2; ignition of powdered
charcoal by a spark from a furnace ! 1; boiling over
of pitch, 1; lighted cigar, 1: burning of a cigar
stump, 1; explosion ofpyrotechnic materials, 1;
blazing of meat left carelessly in a frying-pan over
a fire, I; sparks from a burning building, 1; effect
of a puff of wind upon a gas-light in a bulk win
dow, 1; revenge of an insane woman, 1; explosion
of a spirit lamp, 1; ignition of escaping gas in a
meter room, 1, capsizing of a kettle of boiling fat,
1; falling in of a portion of the arch of a bake oven,
I; upsetting of a lighted camphene lamp, I; sparks
from a dentist's furnace, I; carelessness in extin
guishing a paper lighter, 1; spark from a fire of
shavings in a cooper shop, 1; hot ashes from
. the
smoking pipe of a loafer, I; recklessness of an in
toxicated woman, 1; rats gnawing friction matches,
I; bursting of a bottle in which a chemical prepa
ration was being melted over a spirit lamp, I;
sparks from an alcohol factory, 1; coals falling from
a forge, I; latent sparks from blasting, 1; spilling
of campheno from an overturned lamp, 1; candle
left burning on a bureau in a chamber, 1; latent
spark from casting, I; defective construction of a
building, 1; spontaneous combustion of phosphorus
exposed to intense heat of the sun, in the window
of a drug store, 1. Total, 143.
The total amount of loss by the burning of the
properties above mentioned was $54,465; in
surance, $36,235 ; clear loss, $18,320.
The total loss for the same quarter of 1856, as as
certained from the most correct and reliable data
accessible, was $98,320
There were 86 out of the 143 fires where the loss
ranged only from $5 to $5O each.
rifty•one fires were extinguished by the police
and others without the fire companies going into
service.
The number of lives lost by fire during the quar
ter was 4 ; persons injured, 11; narrow escapes, 8 ;
animals burnt to death, 8.
Nineteen persons were arrested by the fire de
tectives, who made a rigid examination of the
cause of every fire, and still have under investiga
tion every undoteeted case of arson. Warrants are
in the hands of officers for several other parties
who have so far evaded arrest.
An experience of three months, as the head of
the now branch of the detective service of the
police, lately established by your Honor, has satis
fied use that the crime of arson can be checked.
If, in SO brief a period, a check has been given to
its progress, cannot this hideous monster, in the
course of time, bo effectually vanquished? I con
fidently believe it can. But bow is this to be
accomplished ? My answer Is, that its very
life, by a vigorous and determined effort, must be
crushed out.
To this end, I would most respectfully submit
for your Honor's consideration the following sug
gestions :
First—That there be an explicit standing order
to the police department, enjoining upon every
officer in the service, particularly the night patrol
men, the utmost vigilance and activity in the
prevention of incendiarisin and the detection of in
cendiaries.
Second—That in each of the seven fire districts
ono police officer be eeleeted as a detective, with
reference to the qualifications of intelligence,
industry, and shrewdness, whose special duty it
shall be to attend all fires in his district, and aid in
every possible way the chief detective.
Third—That, as an incentive, not only to the
police, but to all good citizens, as well as a constant
terror to incendiaries, the Mayor be empowered by
Councils to offer a standing reward of one thou
sand dollars for the detection and conviction of
any person who shall wilfully set fire to any build
ing or other property; that the Board of Five Under
writers also offer a standing reward of five hun
dred dollars for the same purpose, wherever the
property fired is insured by any insurance com
pany represented in that board; and, likewise,
that each of the fire insurance companies not re
prevented in the Board of Fire Underwriters offer
a standing reward of ono hundred dollars for the
bringing to justice of any party firing a property
insured by them.
I further submit, with great respect, as a MOMS
of preventing fires especially incendiary renal •
grations, the following recommendations :
First—That the owners or occupants of proper
ties should, exercise the greatest care In guarding
them against the intrusion of incendiaries by strong
and safe doors, windows, gates, fences, and other
securities, and use every caution in not leaving in
exposed situations about their premisescombuetible
materials, such as shavings, hay, straw, rage, pa
per, to., which might prove a ready means at
hand, to facilitate the perpetration of the crime of
arson. The security of unoccupied buildings and
unfinished houses is very important
Second—That housekeepers should adopt every
precaution in the use of camphene and other in
flammable burning fluids. These dangerous lights
are constantly causing fires, to say nothing of the
sad consequences of shocking injuries and. death.
And that the same precaution should be adopted
in regard to friction matches, which are now used
by almost eyeryluxjy, and which are a frequent
cause of fires, especially in the hands of careless
domestics, thoughtless children, and mischievous
urchins.
Third—That the practice of juveniles playing
about stables, barns, limber yards, shops, and
other places where tbero it property of a com
bustilde character, should be abated. Persona
in charge of snob plans ought always to drive the
youthful intruders away, and the day police should
be required to pay particular attention to this
seemingly trifling, yet really important, matter;
for numerous fires are thus occasioned by the mis
chief of these hopeful specimens of Young Ame
rica. Another nuisance, which calls loudly for
abatement, is the building of bon-fires, by boys,
on lots adjacent to properties which aro peculiarly
liable to catch tire.
In conolusion, I would earneztly invoke for the
Firo Detective Felice the encouragement and aid
of every law-abiding citizen. Men of all classes
and conditions in life have a direct and vital in
terest in the suppression of fires, and more espe
cially the conflagrations which are the work of
design; for by the latter are almost invariably
entailed the heaviest amount of loss and suffering.
A fire is a disaster that strikes a blow from which
the whole community suffers. Every dollar of
capital swallowed up in the flames is a dead loss
The rich and poctr, capitalist and operative, em
ployer and employee, are all losers, and nobody is
aitier. So that, Indeed, a conflagration is, at all
times, a public calamity.
Ha:retrolly, your obedient eervant,
A. W. ALACKBURN, High Constable,
4cling ghier pi the Fire Detective Police
Sad Case of Suicide.—Yesterday morning,
about ten o'clock, the body of qn unknown man
was found in the Schuylkill, near Callowhill street.
The body was secured, and Coroner Delavan was
sent for. and held an inquest. Upon examining
the papers in the pockets of the deceased, it was
ascertained that he was connected with the hard
ware house of Martin Buehler At CO., Market street,
near Fifth. Mr. Martin Buehler, upon being in
formed of the fact, immediately proceeded to the
Schuylkill, and upon seeing the body identified the
remains as those of his brother, Mr. John Buehler,
who was a member of the firm.
The deceased resided, with his family, in Race
street, veer Twelfth. Re went to the store about
half-past uoyeri o'clock yesterday morning, and
after trankbting some business went out. The
next heard of him was the sad intelligence of his
melancholy end.
The deceased acted strangely on Tuesday night,
and it is almost certain, that, while laboring under
an aberatian of his mind, he went to the Schuyl•
kill and threw himself into the river.
Mr. Buehler was a gentleman of unblemished
integrity; ho was a member of the Arch Street
Presbyterian Church, and Treasurer of the Board
of Trustees. 'fps untimely 'end has caused a pro
founCsensatlon among file many persons who wore
acquainted with him. The 4ecenac4 was about
forty years of age,
Testimonial.—Mr. William H. Lawrence, a
member of the police force, has been presented
with a very fine silver badge by the citizens of the
Eighth division, Fourteenth ward, as a testimo
nial of their respect for him as an officer and a
man
Railroad .1 fccidenl.—A man named James
McPaid was caught be tween two cars in the Fif
teenth ward yesterday morning and very seriously
injured. lie was takeß to his residence in ,
Penn
sylvania avenue.
Persons wishing a correct and durable am
brotypo or daguerreotype likeness of themselves or
ftionds, should call at Craft's, No. 940 Market
street, who is ono of the best artists in our city.
Police Items were decidedly dull yesterday.
The cases before the different police magistrates
possessed no especial interest.
qitEAT D
. ISCOVERY TH.EASURE.—Ji Keg
Fdtbn( 'on Lake Sheri, rontdstiinz Sixteen
Ilundied 'French. Coiri.4.—An extraordinary story
reaches us, which we give att we have received it
When it was first told us we were ftilly' convinced
that it was a hoax, bu't subsequent investigation
coropelsne to that the" statements come well
authenticated, and with every appearance of truth.
The report is that two men, named respectively
Ward and Rail, were at work down the Lake shore,
some miles from this city, getting out hoop stuff,
when they discovered a small keg buried In the
sand. This they dug out, and opening it, found it
contained sixteen hundred silver pieces. The
coins were of an ancient French cast, and of the
denomination of seven franc pieces, valued at $1.09
°eel!" The two men with their treasure have left
for LihiJatielphia, where they intend to exchange
their coin at the mint.—Osscego 74rnes, & pt. 21.
The Mobile Mercu ry of the 24th ult. h says
that Judge Alexander MeKinatry passed sentence
upon Joe Pigeon, who so brutally murdered Lewis
Williams a short time since. The Judge delivered
a short and feeling address, during which time
the prisoner evinced no emotion, but appeared
perfectly resigned to meet his awful doom . He was
sentenced to he hung on Friday, the lath of lio
vtunlierzf
THE COURTS.
YESTERDAY' PEOCEEDINGI
f Reported for The Presa.]
BUIPRINS Conar.—Judge Woodward —Ludwig vs. Ra
h:though A Torbert. An action of ejectment for pre-
Waal, In the 24th Ward, before reported. Jury out
U. B. blend er Ocouar.-4ndge Kane --John Maker
was charged with passing counterfeit half-dollars The
principal testimony against the defendant was a person
named Adame,twho Is in prison for the Kama offence. Cu
trial. U. B. Dudriet Attorney for the prosecutor, and
Daniel Dougherty, EN , for the defendant.
DIPTRICT COUNT lo inc.—Judges Sarswood. Stroud
and Aare —Rex vs. Merchants , Insarance Company
Same rs. Provincial Insurance Company i Same rs.
Exchange Insurance Company. Same, cs, State Mutual
Insurance Company. These eases •ere based upon
policies effected by the plaintiff upon the Mount Vernon
Hotel at Cape May, to protect his interest as mortgagee
at the last term. The eases were referred to George W.
Riddle, Esq as sole referrae. The reterree awarded
in the first case $2900: In the'second case 0, 200 . TA
the third case 52,6 M 60, and in the last case $2.607 60
making $15,575. Exceptions are Sled totbe sward, and
the cases cause on for argument yesterday. The case
was opened by Mr. Outline, who was followed by Judge
Jones for the exceptsusts. A. Q. Keasbey, of the New
Jersey bar, opened the argument for the plaintiffs, dors
lug which the court adjourned till this morning.
Messrs. (Wilton and Jones, for the eager-tants. Messrs
W. L. Hirst and Newsboy, for plasntiffs.
Qua ash Telowdosa—Judges Thompson and Con
rad.—The jury in the case of Laurence Riley, charged
with the murder of "York Bill," had not brought so
their verdict as we were going to press.
QUARTS% SESSIONS—J . IIde Conrad.—Hubert Council
was charged with receiving a fraudulent rote et the late
October election.
Mr. Lewis C. Cassidy, who appeared for the defendant,
asked the Court to continue the ease until the next
term, which was opposed by the District Attorney.
Mr. Webster, who appeared for George Esher, who
was similarly charged, applied to the Court for a conti
nuance to the next term.
After some disonealon between the counsel and the
District Attorney, Mr. Mann directed that Hobert Con
nell should be arraigned. The Clerk accordingly read
the bill of indict meet.
The defendant, upon being asked the usual question,
" How Lay you,
Guilty or Not Guilty?" stood mute.
A motion to the bill of Indictment was then
handed to the Court, upon the following gromuie
I. That the bill of indictment has been found without
any binding over, a hearing, or accusation.
2. That the Grand Jary have originated It themselves
without the subject baring been given them in charge
by the Court.
3. That the District Attorney has submitted said bill
of indictment to the Grand Jury without leafs of the
Court first had and obtained.
4. And that the said bill of indictment was acted upon
without the witnesses of the county having been sworn
or affirmed.
Mr. Cassidy, upon reading the above motion, asked
the Court to postpone the argument until they were pre•
pared to furnish their authority to support the motion
to quash. The District Attorney salmi that the argu
ment should proceed now. The Court Intimated that
the case should proceed.
Mr. Cassidy wished to show upon what authority these
bills of indictment were sent before the grand jury. The
District Attorney stated that the opinion of the Court,
In the District Attorney's case, instructed him to send
those bills of Indictment before the grand jury.
Mr. Cassidy asked to see the record. The District
Attorney asked Mr. Sharkey for the re cord. Mr. Shar
key said be knew nothing about It.
Mr. Webster said that they had come to court to ask
for a continuance, but we have been unexpectedly
torced to offer a motion to quash. We would liketime
to offer our authorities to Court.
•- • .
Judge Conrad—l have already decided I would go on
to hear the motion to quash. I cannot interrupt the
motion which is now partly tried.
Mr. Camidy asked if the Court would receive their
authorities during the course of the day. Judge Geared
raid be would.
The District Attorney said that be would ask that the
motion ahould be argued now. These eases had been
fixed for to-day, so as not to Interfere with the homicide
cases which are flied for to-morrow, and the next week.
Mr. Lehman, who represented James McQuade,
charged with a similar offence, said that be bad no no
tice of these proceedings until yesterday, and that be
was consequently quite unprepared to go into an argu
ment to-day. It was quite a new proceeding, and time
should be allowed to look into the matter.
Judge Conrad said he would receive any authority
daring the day in favor of the motion to quash, but he
would decide the matter to-morrow,whether be received
any authority or not.
Mr. Cassidy inquired if it was the intention of the
District Attorney to try a man named Costello in the
Second Ward. charged with a similar offence as his client
Connell ; as in that cane he would help to prosecute.
The District Attorney said he would do equal justice
all round. The matter terminated here for the present.
The District Attorney for the Commonwealth; Mauna.
Lehman, Webster and Cassidy for McQuade, Esher, and
Connell.
Charles D. Slaugh, who was Inspector of the Eighth
Division of the Twentieth • Ward at the last October
election, was brought into Court upon a bench warrant,
charged with receiving ► fraudulent vote. %De was put
under $l,OOO bail for his appearance the next term.
Charles McNulty, of Morris City, west of Olrard College,
went his bell.
Frederick Brecht, a German, wu convicted of selling
liquor without license. Sentenced to pay a Ins of $lOO
and costs.
LATER FROM THE WEST INDIES
[Prom the New York Express of last evening.)
We have Bermuda papers to the 15th, by
which we receive later [news from Demerara, St.
Thomas, Antigua, and St.. Vincent, Batbadoes, and
Jamaica. In Jamaica there was some sickness
consequent upon the rainy reason. The sugar
market was falling. In the island of Trinidad the
estates had made handsome returns for the season.
In Demerara' an outrage at Georgetown had
been committed on Governor Wodehouse and Mrs.
Wodehouse at the moment of their embarkation
for England. As mob of men, women, and children,
lined the streets, and saluted the whole party with
stones, plantain stalks. sticks, and other missiles,
clean and unclean. The Governor was struck, and
Mrs. Wodehouse received a severe blow on the
head from a stone. The BishOp and Chief-Justice,
Lieutenant-Colonel Goodman, and other officers,
and the Government Secretary, received blows,
more or leas serious, but equally loomiaiorui. The
disgraceful conduct permed his Wroellanoy's party
even when it had taken the boat for the steamer,
and while on the waters they were assailed with
offal and filth fronithe shamble:. Governor Wode•
house will long remember Georgetown.
ANTIGUA.—After long droughts, the rain had
fallen very heavily.
Basteanons.—Attorney General Sealy, after sit
ting for eighteen years for St. Georges, load retired
from the Legislature The young crops looked
healthy ; the supply of labor was good.
JAIIAICA —Rev. Joseph Williams, Rector of
Portlandt; had raised the question whether per
sons not in the habit of receiving thole:l4'a Sup
per could be legally qualified as olturuh wardens,
under a law requiring those oaken to be members
of the Churob of England. Two persons had been
elected who claimed to have a right to the office,
because they had been duly baptised. Mr. Wil
liams objected that they must be communicants.
The question had been referred to the district
court, - but not determined.
The schooner " Endeavor," of Kingstown, Du
rant master, had been attacked by the Indians off
San Domingo, the captain and cook murdered.
The rest of the orew escaped In the Indians' boats.
It is said the Indiana were themselves afterwards
massacred by another tribe in retaliation for Capt.
Durant's death. The murderers set Ere to the
•'Endeaver."
AWFUL SUIPWRECK-MRN 'RATIN BY TIM SHARKS
- •
ST. "Tobago" schooner, owned
by W. Rom, Esq., of St. Vincent, had been, with
her cargo, lost on the second Bones at Trinidad.
An extraordinary case of double shipwreck is
reported in the S i t. Christopher papers. The
" Rosabella " left Dominica early In May for the
Spanish Main. On the night of the 14th May a
storm suddenly hrewe d up, a heavy sea struck the
vessel, and she became a total wreck. Nothing
was saved but a trunk of money, and with this the
captain and supercargo got ashore. They then
purchased a cargo of sugar, and chartered the
"Esther," of Curacoa , for half an hour, and then,
without a moment's warning, a fearful tornado
struck the schooner, and she instantaneously went
down
Twenty-one persons were washed off, and with
great difficulty avoided the vortex, of the sinking
vessel. The boat fortunately got adrift, but the
plug was oat! For three boars they madly strug
gled to stop the hole, and at last it was done.
But meanwhile the sharks bad taken off several
of the miserable men, and only thirteen succeeded
in getting into tho boat
They picked up the oars. It was quite dark,
and when morning eame they saw no land in any
direction. For four days and three nights the
wretched men, without a morsel of food and
so arcely a vestige of clothing, labored at the oars.
and on the morning of the 9th of July the boat
reached St. Christopher, ten men being alive, bat
all in the last stage of exhaustion. One died
almost immediately after being carried ashore.
The rest were hospitably cared for.
PHILADELPHIA. MARKETS
Serrxxesa dOth—Ereuing —The trade in Breadstuffs
continues depressed and dull, and the transactions in
Flour are limited to a few Hundred bbls at $6.25 for
single extra, and $1 for double do., and $8 dfr bbl. for a
fancy article. Shipping Flour is hold at $5 60a55.75 Bfr
bbl., without aides to any extent, the local trade being
moderate at from $5.75 to $7.50 bbl., according to
brand Corn Meal and Rye Flour were not inquired for,
and dull at $4 for the former, and $4.37g 413? bbl. for the
latter. Wheats ere plenty and dull iv-day at rather
lower hares, and about 1,600 bushels only told at $1.22
e 11.30 for common to choice red, and $1.30a11.37 for
fine to good white. Corn is but little inquired for, and
about 2,800 bushels yellow brought 75.76 e., afloat.
Oats sell slowly at 33e38e., as to quality, for Southern.
Rye is selling at the distilleries at 75e. Bark is inactive
at the late decline, and Ord quality is held at $3O ift ton,
without buyer. at that figure. Cotton is nominally held
at former quoted rates, but there is nothing doing, LI
both buyers and sellers seem indifferent about operating.
Groceries are quiet. and a few mall lots of Sugar and
Coffee only are changing hands at previous quotations.
Provisions are held firmly in view of the light stock,
but the supply is fully equal to the demand, and the
sales are only in a retail way at the present high rates.
Seeds—Little or nothing doing, arid the prices of most
kinds are nowt*. Whiskey cells as wanted at 24025 c.
for bbl.., and 2to. for bads.
'the following shows the amount of coal transported
over the Lehigh Valley Railroad, for the weelt. eudlng
Sept. 2011, 1601:
511219. WEAK. PREVIOUSLY. TOTAL.
Tons. Cwt Tons. Cwt. Tons. Cwt.
Spring ?donatein—. 2,209 07 90,755 16 92,965 02
East Sugar Log 1 180 11 73,918 05 75,098 16
N. York & Lehigh 766 12 28,091 01 28,677 18
Council Ridge 1,759 15 48,863 07 60,613 02
German Penns ..... 6,507 19 6,307 19
Coleraine & Stafford. 565 12 37,676 10 38,241 02
Dolbin & Debaren . 778 05 7,014 16 8,393 03
Ilszleton ...... 1,616 12 38,306 09 39,822 01
J. B. bleCreety & Co. 163 03 5,279 17 6,443 00
8,969 17 3 - 36,802 04 346,762 01
The U. S. steamer Powhatan, at the Gosport navy
yard, is to be fitted with a poop deck. for the act•
commodation of the Commodore, being intended
for the flag ship of the Bast Indb!. squadron. Cap
tain.ioslah Tattnal Imo livens piomtexi commander
of Ha aclOodfiini4 broad pennant
on board the. row atap. 'rho Apo:Wing engineers
have been orderedto the Penhaton. all of whom
have reported : Chief ngineer, Wm. IA Shook ;
Ist Assistant, W. Rutherford; 2d Assistant, G.
W. City; 3d Assistants, W. N. Dungan, B. R.
Archer, and G. D. Bright.
The If avy Dinmrtinent has despatches from Com
mander Page, dated Apgest 30 . at Madeira,
place the Germantown reached in twenty-foPr dyps
from the United States. U. found the Governor
courteous and exceedingly friendly. The officers
and men are generally in good health.
NEW YORK CATTLE IfAßKET—Wabsisorf i Sept.
30.—At market, 3,653 Beeves, 199 Cows, 686 Teals, 13,-
649 Sheep, and 2,288 Swine, which all ow s from lut week
g decrease of 81 Cows and Teals, and an Increase of
T6B Beeves, 1.603 Sheep, and 1,820 Swine. -
Prices were out W it a cent down from lut week.
The matket wee not &Mire, and In stagy cues a deem,-
Mon of tine cent in the rates was °WOW, bit this yet
toe li m ited extent. 'Good cattle were Gilled iOt lit lig
cents, but poor animals lagged. "The quality of the
stock was only middling. trobtations for beeves
Cow 4, $3 5 61 6 5. Te'ile 6NesBc. Sheep .Xu°o,
extriS 6c. Swine tIX Co. Eclat itorn.fed pop fh c.
Ottliii were mile at Ufa twi ts 'pushy by Step an
}toward, of '
THE MONEY MARKET.
Ye ILI DIILVIIII, September M. IBS7
We hare little variation to retold sin,:e yesterday in
the features of the stock market, when the woe dull
and unsettled feeling prevails. The Reading liallread
stock agate fell off, closing .at 17 i City toads Wear:cad
a trite, and State S's receded.
The note-broken find it a dilleult labor to dispose of
any paper at all, and the banks discount but little, and
seemingly without any systematic action. Merchant,
in all directions seeking earnestly thermion of meeting
their obligations, and when all have failed, appeal to
the holders of their paper to save their name* from the
dishonor of a protest. Doubt, trouble, and duns
hang in heavy folds about us, and the general gloom is
increased by the published information that the Sunday
School 'Union—an institution most warMly cherished by
all gift and sexes of our people—is a loser of nearly
ninety thousand dollars by the defalcation of as edheer
whom the whole present generation has grown up to
honor, and confide la as a model of integrity and worth.
At any lime it world be dispiriting assn is Philadel
phia that the Sunday School Union had lest largely in
any way, but at a time like the peanut this gut an
nouncement falls upon the community with tan-fold
force.
There are indications of a speedy improvement of
matters of finance, however, to which we turn tram
our domestic troubles with an earnest hops that they
may be fully realized, and lead the way to a better lade
of things in our own city. The Boston bank statement,
for the week past, foots up as follows, compared with
the week previous:
Sept. 22. Sept. 29.
Capital stock 5 3 L 903 , 03 0 531.060,000
Loans and discounts 60,601,000 49,766,000
Specie 2,371,000 2,1a0:12
Amount due from other banks 6,401,500 6,9e1,01X1
Amount due to other banks... 3,891,700 3,64.1-0 IX)
'Deposits 13,173,700 12,036,000
Circulation 6,015.000 6,232,600
It appears that they had gained nearly ball a million
in coin in the last fortnight, and the telegraph to-day
reports still further accessions to their specie reserve
The Boston newspapers speak hopefully for the future,
and the idea of a suspension of Specie motel:tethers in
not admitted fora moment, provided the banks in Mew
York continue solvent.
The latter Institutions, if we aro to credit the gene
rally-reeelved report, hare resolved to extend the relief
the community so sadly need, in a large Increase of
loans daring the week, which, If it bas not been too
long delayed, will put a very different face upon matters
in a short time. There would seem to be many regions
for this step; apart from the needs of the merchants
there. They hare, as compared with September
list year, twelve millions more capital, two ail.
lions more specie. and one million lees loam. The
market for foreign exchange has fallen so low,
that no specie will be shipped, and the Insurances
for the lon of gold by the Central America, which are
to be drawn for, will give a ingiciently large supply of
exchange to prevent the market from rising too tepidly_
The produce bills will speedily come into the market,
and help to keep it heavy.
Gold is mid to be on the way from England to buy
breadstuff., and if it is not, it will inevitably soon be
gin to come, and our traiMeas will in a short time be
flowing quietly on in its usual channels. pat own
banks, unfortunately, hare lost us mite. Our good
name will hams suffered by their unhappy failure, and
our business Interests abroad will hare received a stag
getting blow. from which it trill be diffmult to rearm.
It will be for us all to aid , with every means in oar
power, to recover the ground thus lost to us, and to
place our city again upon a position of Credit and re
spectability.
The Boston Treseeller,l3epteaberZonsdentioldstkat
it has been ascertained that there are now in circulation
In that city a number of five-hundreddollar bills nen
the Blackstone, Suffolk, Shoe end Leather Dealers', and
Brighton Market Banks. Thew bills are all from the
genuine plates, bat the dgnetures of the presidents and
cashiers are forged.
The Erie Constitution saw that the cashier of the
Erie Cityßank Wham arrested for embezzlement, and,
after examination, held to bail in =AWL
We learn from the London, Canada West, Pl-a Press
that Mr. Lucas, teller of the Gore bent, kw absesiefed,
leering the bank to whistle for STOP% whisk he tad
used in speculations in connection with other pasties:
Ile bad lent the fluids of the bank to "share" noteafor
other speculators, the proceeds of which 'were rein
vested in real estate In Toronto, in Goderich, and the
where. These deficiencies were covered from** to,
week by drafts at abort dates, drawn on the retyped's.
who were receiriug the irregular accommodation at the
bands of Lucas. These drafts were honored from time
to time and passed muster, and it was not till default
was made known that the whole bubble bast. The .Press
saw , That one firm at least will come down bookspretty
certain, while numerous persons will be made to
smart."
The Washington correspondent of that Courier
sin wirer gives the following
" Table of Receipts from all worm' Into the Vatted
States Treasury, from July Ito Sept. 1857:
July let to July 1353,751,000
Lt 2354,000
2,059,000 -
2,053,000
1,745,000
1,541,000
1,T25,000
1,740,030
1,041,11* 00
032,
046,029
'• 80 (Jetimated).... I,boo,cao
27.
Aug. 3.
•' 10
17.
:• 24
Aggregate revenue for the quarter..s2o,l3B2, - 188
"This sum exceeds by 'boat one million of dollars the
receipts for the same quarter of MO. What is remark.
able In this exhibit, is that the average of weekly re
egipts, which through the month of July ranged above
two millions, has declined to less than a million. _)for
does this exhibit the entire decrease in the rentesetoma
import., 113/ 'donned at the Treasury that the prh.i.
teed' from land sales have been usetimally heary'this
quarter. One authority represents theta to hart been
nearly three millions of dollars, which is but little law
than the entirereceipts of last year."
The St. Louis (Mo.) weekly bank statement escapares
is to the aggregates with that of the presating week, as
follows:
Sept. 241. Sept. 19.
Exchange maturing-41422,M 5 1 , 114 , 992 ine
Circulation 1,161,030 1,211,616 dee. OASIS
Coin 195,3543 656,727 ine. ZOOM
This shows alight increase of am:hangs mooing to
maturity, together with a conaiderattlo dogma's& la tha
eirculation and a rely large Increase Of coin. Thus:
Increase. Decrease
sfis
Ex
Circul tha iToh
Coln MAI
We learn from the Quebec Gazette, that forty milt'
of the Quebec and Trois Pistol's section of the (Fraud
Trunk Railroad, from St. Thomas eastward, will be
graded this fall, and that the contracts therefor have
been given out. six piers and one tribe will hare been
added daring the year to the Victoria Bridge. A new
iron bridge, the materials of which are being shipped
for Quebec and Portland, will be constructed orer the
'Richelieu without delay.
PHILADELPHIA STOOL =CHARM! BAUM,
September 30, 11351.
Reported by R. Manly, Jr., Stock. Broker, No.
BO Walnut street.
FIRST BOARD.
8000 City. We 10t5.64 6O Rowan R.....b5.1611
1000 do .341( , I do eat.h.lB
1000 do 153.84 20 do ASA
300 do 83% 20 do 16%
700 do 83% 10 do 18%
1000 do 83% 100 do b 6.181(
300 do 20ew.93 100 do .... .cash.l3li
NO do .245.New.93 mo do t 3.16
930 Poona 6'.. 79 50 do b 5.111
60 do 79 3 Puma R lots.4oX
2000 do .. ....b5.79 SO do
2000 do .... cash 79g 24 do 40%
8100 do 791; 6 do 40%
7000 Penns Coop 64...132X 10 do ~........40%.
20000 & A R 6 ,9 19s5wii65 3 do 40X
4000 City R 6's. ...21.1.63ti 6 No-Aistown R..... 51
4300 do 341.83 g 2 Beau Meadow R... 4614
1500 do 33,4 i 100 Long Island R.... 8%
50 Reading R.. sslrn .13%
BETWERb
100 Reading Railroad
RECORD BOARD.
It Penm B 40
00 do 03.40
31 do 40
100 Reading R s 5 17
00 do 55.11
24 do ssarn. IT
3 do IT
200 liiniou Crag 4%
100 do 4,4 j
10 Ram ls Atoß 90
8 Bess Meadow R11i.47
5 Ilinebilla 03
T Morris CI Pfd...5.91X
6 Harrisburg R 51
1 do 51
1700 City It Ws. 83%
300 City iPs 831 i
7000 Penns s's 79
400 do 79
200 do 79
1800 do 79
:3000 do .
12 Penn/ R 40%
6 do 40sr
4 do ....s.iwn.4ol(
20 do 40
15 do ..........40
10 do 40
12 do 40
4 do 40
30 do to
CLOSING P:
Bid. Aged.
II 8 Ws,
Philads 833
do 811...831S 83%
do New 94 93
POEM fis 79 7911
Betiding R 17 17N
de Bonds '7065 70 h
do Id 8'0,44 75 80
Penns RR 39% 40
Morris Cant Con 39 41
Bebyl Navas '8264 56
do Stock 6 9
CIS-11:F.AVIr.
Bid. dikad.
W tEiebji Nubs
R ! . Um .34
& Ilm 10 12
do irtmort.Vi 63 a
do do Situ 63 6T
Long Leland SJ( 8.
Vicksburg 6 7X
Girard Bank 8 9
Lehigh Zinc X 1X
Union Canal— 4x 4x
Nan Creek .6 34
Catarina ILL . 6 TX
TELIKAMPF Er NITCHING'S 15:00L WEE
—saw Co ait, Oct. 1, MT.—Since our lut. report=
change has taken piece in the wool market not only,
but in all branches of trade. We have witimased a most
extraordinary panic; which first originated with a clique.
and the entire commercial community had, in conse
quence of this fact, cause to feel mortified. at the evi
dent result. It seems in fact, as if both sagacity and
dignity have been apparently forgotten, and the clia
tense of the usury law has also proud to be a promi
nent evil at the present time, leaving the hank. with
out the power to raise nor regulate their rate of dia
conal. Considering the prosperity of the cotoatr/ for
many years past, and the abundant and premising har
vest all over the Enke, it is the more astoaiahlag to
find a panic last longer than a few days. The policy of
the Bank of England, if applied to our own banks,
would, we 'minim to say, secure to as a healthy state
of things, and even now the higher rate of discount
upon Brat-class paper would not reach more than 1;4114
Ijr cent.
The crisis has already ceased* peat number of mar.
cantile failures—large and squilleeaud the aw er bim a t
rated paid far roomy has produced a bad effect upon
business in general Such a state of affairs has not
merely paralysed our Wool trade, but effaced all Limier
so that we are unable to gin any quotations at
the present time. But we hare to report a feat sales
lately made; domestic pea fleece at 5002.5 4, cent , aid
months, tuldpubted paper, and low and medium deem
and foreign wools, 15020 tw cent—aline terms —below
former rates
For cash, the buyer can purchase at a much greater
reduction. tinder such circumstances we repeat that
we hare omitted all quotations, as they will hare to be
established anew. Our stock of foreign wool is conk
paratitely larger than that of uniqs the goad peal-
Nets Ire had for several months caused a better supply
from ahrm,4.
Prices will open mpch betty Um reamer sites, eo
credit will fora While become 4jealied, and cash ar un
doubted paper continuing acme must aid in keeping
prices 101 l . Re shall welcome the time when the depth
of our fluancial troubles will be ascertained, and be re
jolted to see our market Me, WWI impro steg.
ogWIGO, Sept. 29.-111 our study. 'Sliest a shone
easier; sales 12,000 boa. Chimes Spring at 90.092 Ne.
Corn quiet. Lake impute. ontlmportant. easel Ural.
—2,000 bble. Flour, 14,000 but. Wb eat.
BOIT SePt. 2 9” M.—Flour in modelers dozen 4
at uneuegoa quotations: supply good ; 'aka 1,4091b1e.
*CP (00 rgequaii sabi4444 mtssiaiby but &etre
oitatilo ter lop. ex:tr" Oki° sal r 4 "ikes Viten t
is good supply, sad rates pressing , on e market; sale a
2,600 but. Won° Sintug at Sde. ' Cons—Atair demand,
but above the views ofbuyers, wlm offer dOe, vs bile
holden 'demand 43e. Oats q uiet; B,ooobus. sold st 24e,
whrskey dull ; no sales held at Me. Itece_tpta ter th e
last twentj-four hours—nous, 2,913 bbls.; 41. .
419 bus.; no Corn or bats. Canal Freight' =the aged
The moron of Moout Wasik/ton is iii#
oxwo4 with $ 1 491r4 nrirrargit den , - .E;';....P