The press. (Philadelphia [Pa.]) 1857-1880, December 30, 1857, Image 2

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l'iitai'Paui.—Return of the Poles from
Eatle; The Magazines; Literary Criticisms;
CeirdattiliC4tionit' The Tariff—Have :You
VisitetOini;Sillei'i game; The City; City
P.'6oii:AletleralAeo:s; Singular Death from
the, a' Cat Philadelphia Markets.
PoluttiriPsee—Tbe Hall of the Castle, by tire
Authors' 0f.,i4 D'HartkTaleg.
We,,gratefully - acknowledge the receipt of
fotOimired and: oghtv:Ae, dollars , from our,
frleittia in California, by the lest Roamer, for'
sn*eriptiona to -the Califoinia,`Pauss, Ritd
°O.. :i!rdei, from BfoMrxx, news agent,'
of.J3attlFranelictt; for seiten'hundred extra
cobles", Iti!tidditiort tO' ‘ the tw,o' thousand fur
niatie*,,our regular agent, Mr. StILLIYA24.
We have no reotn - Olive to the nubile all the
letier9're4iveil by the last steamer, from kind
.proinising to exert themselves still
further in favor 'of the California Paris, but
the" , folloWing extrnets froth leading journals
itt that State, foiwhich - we MC' indebted
•will not be uninteresting to our
largely. increasing list of readers in the Allan
Sierra Denwerati - ' ,
'FOittni o e PearanseutA PrtneS.—a:vr, Sulli
van, the asoommodating, San Pranolsoo newsman,
favored 'tts with the first number of this now
Borneo:kilo paper; edited and published by Col.
John W.-Forney,- former editor-of the Pennsyl
vanian. It is a large, neatly printed sheet, and,.
of course, an able expounder of.the faith. • • '
'The Press hag csisiderable . M say about OMM:r
-ib-and Californiana.lts,editor is reputed to be in
the oon.fideneo of the groat Pennsylvanian at the
Whilealimse,..and, altogether, it wilt be an Requi
sition to the ewe-monthly supply of papers by the
steamer ; and
-Pe hope It will,reeeive n hearty map
port in this
, .
[From the Hereld„Creseent City, Del Norte cennty.J
FOTENET'S PatomstritA. Patias."—A apatite'
edition of this valuable- paper prepared for Cali:
ferule,- will , be' hereafter forwarded' by every
steamer. The peepla of this State, particularly the
Demeeralle portion of them, have long felt the want
of a steamer paper from the east of their Orill
litics, Which they could depend on ae reliable, they,
havinglieien compelled heretofore to rely almost
entirely on opposition journals for politiord intent
gene°. This want Will be supplied by The Press,
*filth paper, though but recently established, has
already gained a national reputatisin for ability.
As wnewspaper, It la, not melted -by any other
ournal as a political paper,- there is not one
Torwarded to California, for general circulation.
that approaches it in ability and fairness. J. W.
Sullivan, of San Francisco, is agent for it, and will
supply all demands.
(From Mokelmune 11111 Chronicle.]
TO CALteorisis. REA.DEnn.—The following from
The Press to the readers of California, we, take
pleataird in laying before the readers of the 'Ohm.
" We have • received a number of letters by the
two last; steamers from California, oalling upon us
to publish the 'Steamer Press' for California; and
we hay - concluded to make the experiment, leaving
it - to our readers in the Golden State to ea y whether
it phan be continued." The terms or The Press'
will be found in this paper, and the terms of The
;Steamer' Press,' published fortnightly, the same
es the Hew York steamer papers.
"California, contains a large proportion of cal
sensor Pennsylvania, many of them the friends of
the editor of this journal. Among the inhabitants
of California are ale° to found thousands who
know his name and whose confidence and friend
ship he has enjoyed. With this steamer we forward
a large edition of Tim Press, and invoke our friends
to give us their aid in circulating it."
In furtherance of the above, we take pleasure in
inforioing our friends that J. W. Sullivan is the
authorised agent of The Press, and that Messrs.
Rosonfoldtt Heilman are the agents at Moltelumno
Hill; who will receive a supply on the arrival of
each steamer. '
[From the Sante Cruz Pacific Sentinel ] •
We have received a copy of a now paper entitled
"Forney's -California Press", published -in
Philadelphia. is one of the best and cheapest
newspapers( published in the lAtlantic States.
Jerry Sullivan, of Sea Eradiate, is the agent 'for
California. .
[From the Mariposa Gazette.]
A Nan' Parsu.---We received from J.W W. Sulli•
van, agent for California, a copy of the first num=
her of Forney's Plidadelplito Press, a paper
which in typographical appearance, and a general
variety of news and other interesting reading
matter, will, we think, compare favorably with
arty of the Atlantis journals. The Press is an ad
vocate of the present Administration, and will bo
likely' to find Rigor with the reading public of Cali
[From the Placer Courier.]
Tillieira.—We are thankful to J. W. Sullivan.
of San Francisco,
fora bundle of Atlantic Straps'
papers. in which we find Forney's Philadelphia.
Press, a new Democratic paper, published in Phi
ladelphia. We advise the reading public to try
a few numbers of it.. It is ably edited, and con
tains twenty-eight columns of interesting reading
It 'is our determination to make the Califor
nia Pans ono of the most . popular and read
able journals in America. The next number
will be ready on Monday, January 4, at noon.
While the people of Kansas have in every
• shape, voluntary and legal, protested against
the Lecompton fraud; While their representa
tive or delegate in Congress has protested
against D J while Governor ROBERT J. WALKER
and Secretary FREDERICK P. STANTON, both
men of strong Southern attachments, and
one of them a native of the South, have
denounced it as unworthy of the age;
the ready answer of its advocates, at least to
us of the free States, bas been : «We admit
that it is hard to insist upon such a Constitu
tion—we admit it Is wrong to force it upon
the people who spurn it with loathing as a
thing abhorred; but then slavery was the only
issue is the late Presidential battle, and
as slavery is sure to be voted out on the
21st of December, the mere matter of the
Constitution can be soon amended after Con
gress, has compelled the people to take it."
Such arguments as these, backed up by the
idea that, after all, there was no practical issue
at stake, lulled the minds of many good, easy
men. And then the fact that nearly every
leading man in the South had declared that
Kansas was not intended by climate or by events
to become a. slave State,,was -the clincher to
the nail in the coffin of all adverse argumen
tation. If it needed anything else to settle
the ghost of objection to the Lecompton fraud,
and to its virtue and justice, a few allusions to
ti Black Republicanism" were sure to perform
the work. - ,
But the apparition will not down. THE
election of the 21st has passed off; and slave
ry is decreed in Kansas. It was given out, as
we have said, in more than one quarter, that
if the Constitution was accepted, slavery
should be prohibited. We were even told that
the pro-slavery men, and that CALHOUN and his
accomplices, would themselves vote out slave
ry. if only, the people would take the Lecomp
ton Constitution. The sequel is before us. A
most contemptible faction in Kansas voted for
this Constitution and for slavery; and now like
submissive and law-abiding men we aro called
upon to accept the decree as a boon.
Had the slavery clause been stricken out,
and the odious provisions protecting slavery'
in that Territory been retained, the majority
of her people refusing to' ote on account of
the test oath, and' various other disabilities
imposed upon them in advance of the
vote, binding them to submit to a Consti
tution upon which, they were not per
mitted to vote, and convicting them of
perjury - _ in the event 'of refusing to obey Its
provisions, we should still have raised our
voice against, the'decree, and in so doing, we
believe, would — have been sustained by an
overwhelming majority of the Democracy
of Pennsylvania. - It is against the Con
stitution framed at Lecompton by a minority
Convention that 'the people of Kansas pro
test. It is against the instrument which
in 'its Bill of Rights, declares that it is
ge an inalienable and indefeasible right of the
people of Kansas to amend or alter their Con.
atitution 'wheneiter they please," and in
its schedule,.' Which followti, that when
ever the Constitution may be amended they
shall not be permitted to 'make any amend
ment affecting the right of property in
slaves it is against this high-handed at
tempt•to elevate the right of property in
slaves over every other domestic institution,
that the people of Kansas protest. It la
against the assumption by the Convention of
• legtoamve functions; against the provision
for the creation of a monster bank ; against
the, aristocratic and anti-Joffersonian dis
qualification of adopted citizens; against
grants to railroads ; 'against the unprecedented
and' partial selection of a site for a State
Capitol; against the arrogant provision of the
right to tax and Itigisliktover the lands of the
United States ivithiti:the borders of Kansas
equall7 with the lands of individual Citizens—
it is against • these and malty other Clauses of
this Constitution that the people'of•Kansas
have arrayed themselves. •
Bat even lithe instrument had heen all that
the' Waillington` Union originally deo:Tared it
to bd; "eVen ifitdeSeried the °static eulogy
cotiferred, upon; it by , that .journat; "if the
Katuifis, - are t 9 .4Te
it, refused so to regard it, we--3, portion
ht the constituency of those representatives in
Congress wbo are to accept the instrument or
to reject it, we—a. portion of the Democratic
party which voted for hfr. Bt multiat in 1856,
and pledged ourselves that the people of:Kan
sas should form and regulate their own institu
tions in their own way should steadily sus
' twin them in their course. ' .
We perceive thlit censure has been cast
upon the men who have voted to make Kansas
a slave State. At all events, we repeat our ad
miration of their courage. , Their course was
natural. - They saw a number of Northern
men' solemnly pledging themselves to vote for
the" Lecompten - Constitution, with slavery
or without slavery, and they determined to
make sure of their interests, to leave nothing
to inference and to doubt; and so they voted
in the slavery clause. And, notwithstanding
the cunning preparation for the protection of
slavery in the event of -the rejection of that
clause, they preferred the other course, and
now call upon those Northern men who pro
mised to abide by the election of the gist, to
coins forward and fulfil their obligations I
- But may we not now readily excuse our
1-fellow-countrymen who on the 21st in Kan
sakrefusca tc , vote They found themselves,
as we have said, in danger of being challenged
to support a Constitution upon which they had
no right to express their opinion. Who will
say, with the fact before his eyes that nine
teen counties out of thirty bad been practi-
I oily disfranchised in the election of delegates
to the Convention, that the people of Kansas
were' under any obligation to vote for
,a con
trivance so odious? Who ivill say that they
were obliged to vote for it in the face of the
broken pledges of CALHOIM and his followers to
submit their work to the ballot•box? The great
body of the people of Kansas stood .aloof
from the contest, and allowed the minority
to proaeed in their own' way, (however we
may differ Item Their policy,) time presenting
to the American Congress and the American
people, the sublime spectacle of an overwhelm-
Mg majority of the citizens of a free Territory
refusing to be bound by the mandates of a faith
less cabal, and wailing . the hour when they might
legally indulge in the expression of those
opinions, which is the inalienable right of all
ettizens of - the United Slates.
The practical question, we repeat, has trans
pired; IS NEXT TO BE none? What
will Congress do I Will this miserable farce
of the 'slat of December be elevated into the
dignity of a popular vote I Rather, will not
the patriotic men of all parties in the National
Legislature, combine in favor of such an
enabling act as has been presented by the
distinguished Senator from Illinois 7 We do
not regard the President of the United States
ai committed to the recognition of this treble
Lecompton fraud—a treble fraud, having its
Inception in the Juno election for delegates
to the Convention, in the proceedings of
the Convention, and in the preparation of
the Bill of Rights, - the schedule, and the
body of the Constitution itself, and now,
finally, in the manner In which it has been
referred to the popular vote. We believe
that the President of the United States,
catmlynonsidering the vast responsibility of
his position, and investigating the fully de
veloped volume of public opinion on this sub
ject, will not ask Congress to force this Con
stitution upon the reluctant people of Kansas,
In pursuance of the recommendation of the
Continental C engross, New Jersey adopted,
two days before the Declaration of Indepen
dence, a form of government temporary in its
character, but which, with some legislative al.
terations, continued to bo the Constitution of
the State for nearly seventy years. Its defects
had often been pointed out, and were univcr
ially acknowledged, but the dominant party of
the day, of either politics, never deemed it its
interest to hazard its present power for a spe
culative good, by proposing the call of a Con
vention to the people.
The whole power of the Government was
vested in the Legislature, (which was the re
of counties and . not of popula
tion,) who, in joint meeting, annually elected
the Governor, and filled all the judicial and
other offices in the State, to the amount of
several hundreds, many of them being very
valuable,•and possessing great local influence.
Tho Governor was ex officio Chancellor, and of
course must be a lawyer of eminence, and the
choice was therefore confined strictly to mem
bers of that profession. The Governor might
suit of black, and the next; as Commander-in
Chief of the Army and Navy of New Jersey
prancing on 'a
high-mottled charger, in fel
revolutionary uniform, with his gold epauletts
and plumed•chnpoau, surrounded by his aids
and military staff, in gorgeous military array.
Still the Legislature was the fountain of all
power, and united in itself all the legislative,
most of the executive, and a large portion of
the judicial functioni of the Government; and
yet the election of this all-powerfnl body was
often controlled by a few county officers, whose
terms of office were expiring and who were
looking for re-appointment to the joint
In 1843, several eminent citizens of New
Jersey, under the lead of one of the present
distinguished Senators from that State, took
up this great question of reform, and addressed
the people at public meetings, without distinc
tion of party, explaining clearly the radical
defects] of their present Constitution, which
had been framed whilst it was still a colony,
and was originally Mended only as a tem
porary expedient. The consequence was the
election of a Legislature strongly in favor of
immediate and thorough reform, who, on the
23d of February, 1844, passed an act to pro
vide for the election of delegates to a Conven
tion to prepare a Constitution for the govern
ment of this State, and for submitting the
same to the people thereof for ratification or
This act provided for the election of dole
gates on the 18th March, and they were to in Convention on the 14th May ; and for
the purpose of ascertaining the sense of the
people as to the adoption or rejection of the
Constitution agreed upon by the Convention,
an election was to be held in the several
counties of the State on the second Tuesday
in August, and every person qualified to vote
for delegates to the Convention authorized by
this act were entitled to vote at such election.
In this old-settled State, one of the original
thirteen colonies, this • same act extended the
right of suffrage upon this great question to
all white mole citizens of the United States,
above the ago of twenty-one years, who hadre
sided in the State for one year next preceding
the election, and who had been actual resi
dents in the township, ward, and county
where they offered to vote for three months
next preceding such election.
The delegates to this Convention, composed,
by general agreement, of the leading men of
both political parties in the State, after a session
of forty-six days, agreed upon the present Con
stitution, which waif adopted, with but one dis
senting voice, and was Immediately published
by Governor HAtriza and distributed over the
State for the information of the citizens to
whom, on the 13th August, 1844, at an election
held for that purpose., it was submitted for
ratification or rejection. Out of 23,871 votes
polled, there was a majority for the Constitu
tion of 16,750.
Such is the simple history of the present
Republican Constitution of New Jersey ; and
will not the people of this glorious little State,
whose revolutionary battle-fields of Trenton,
Princeton and Monmouth are watchwords to
every friend of liberty, demand for their breth
ren in Kansas the same unalienable rights of
framing the Constitution with which they are
to ho admitted into the Union—from the call
of a convention, the free and fair election of
its delegates, and the final submission of the
whole Constitution agreed upon, to the ratifica
tion or rejection of the people? We are sure
they will ask for nothing more, and will be
content with nothing less, and that they will
reject with scorn and contempt the base Le
, 'Compton frauds, the product of a small squad
of unscrupulous politicians, in defiance of the
kriown and ascertained will of an overwhelming
Majoril of the people of this fair and fertile
It gives us much gratification to say, with
immediate reference to the statement, in the
yesterday's evening papers, that Mr. EDWIN
FORICEST " lies dangerously ill, at the Ameri
can Hotel, in Cleveland, Ohio," that a tele
gram was received from him.last night, stating
that hd expects to be at home, in this city,
durlmlthe preSellt week,
It will be remembered by the readers of 'I
Tun Pe uss, when, at an early day w6)xposed
and denounced the frauds at G r xford and
Nl'Ghoe—and when, for so doing, we were sus
tained by this entire community end by the
whole State, Including men' of all parties—an
attempt was made in some quarters to construe
our course into an assault upon Mr:Brons.-
NAN's administration. These frauds, so glaring
and so boasted over by those who perpetrated
theta in Kansas, were allowed 'to pass unno
ticed and unrebuked by the Washington Union,
But when the President's Message appeared,
no censure was inflicted upon Governor
WALKER and Secretary STANTON for the part
they acted in detecting and defeating them.
The course of Tut Paxss, and those inde
pendent journals that united with It in
execration of these frauds, the course of
WATACER and STANTON was thus sustained
by the authority of the Chief Magistrate of
the Union. In 'the discussion which has
grown out of the Subsequent effort of the Le
compton Convention to force an obnoxious
Government upon a protesting people, slight
reference is made to theta° frauds. They
were so monstrous, that even Southern men,
with few exceptiotis, refused to touch them.
They sunk into infamy, and a united public
opinion condemned them as unworthy of our
ago, and even unworthy of the bold, bad men
who resorted to them. It must not be forgot
ten, however, that the very Constitution which
Congress is now called upon to compel the
people of Kansas to accept, contains a provi
sion, making these, very frauds a basis of ap.
portionment for a new Legislature, called
under that Constitution which, strange to say,
assumes legislative as well as judicial powers,
and by this Legislature two United States
Senators are to lie elected, to hold their places
for six years, and to hold theta by means of
false votes never polled!
We revive this circumstance for the purpose
of lotting our readers see that even these frauds,
though unanimously and indignantly repudi
ated by the people of Kansas end by Ihe poo
-1 ple of the entire Union, have been einbodiei iu
the Calhoun Constitution, and are expected to
be made, with the consent of Congress, a part
of the future action of the Government of
The Richmond South is understood to he
the organ of the llon. R. M. T. liesrua,
Senator in Congress from Virginia. The
South, the Charleston Mercury, and the New
Orleans Delta, represent that interest in the
slave States, which is looking„deliberately to
the dissolution of the American Union. They
expect to unite the Southern people against
the Northern people upon the basis of the
Lecompton Constitutional Convention, and in
their abuse of Governor WALKER, Senator
DouorAs, and others, opposed to that Consti
tution, hope so far to influence the Southern
mind as to compel all conservative men else
where to unite with them in a sectional
How far does Senator Ifutaxa approve these
assaults ? He is understood to deprecate and de
plore the present excitement in Kansas, but it
is due to himself and to the people of the North,
as well as to his own constituents, to say
whether be is committed to the calumnies of
his organ, and whether ho is ready to become
a party to the scheme which looks not only to
the overthrow of the Democratic party, but,
as a consequence, to the overthrow of the
American Union 7 Senator lIUNTER is a can
didate for President. The delegation in Con
gress from Virginia are supposed to favor his
pretensions. Now, we repeat that justice to
all these interests requires that he should come
forth, and, failing to do so, be held responsible
for the distinion efforts of his organ and the
attacks made by this organ upon men with
whom ho has been in the habit of associating
politically and personally.
Correspondence of The Press.]
Weetimuios, Deo. 28, 18;7
The Kansas altair has boon entirely supplanted
by the now trouble In which the President is so
unexpectedly involved by the rash, precipitate,
and unauthorized proceedings of Oom. Paulding, in
the arrest of Gou. Walker within the territory of
Nicaragua, and the breaking up of his enterprise.
This incident threatens to kindle a now dis
sension in the ranks of the Democracy. The
flame will grow and rage more violently as
ff,hhn ifitres of the Gulf of Mexico, it will, like a
prairie tire, sweep everything before it, and involve
the whole South in one grand conflagration of filli
buster ftfrore.
At the North, Walker, his character, motives, and
schemes are held In little favor, and his defeat by
what means scorer, will cause little grief But in the
South it is very different. The fillibuster feeling is a
very prevalent one among the warlike Southrons,
and this feeling has received a new and pow
erful impulse from the failure of the South
to secure Kansas as a slave State. Southern
expansion is now the great idea, as essential
to maintain, at least, an approach to equi
librium of the North and South to preserve the
Union, and to draw the South off from the unwise
policy of seeking to extend slavery into the north
ern latitudes. The Democratic, party through.
out the Union will acquiesce in this policy.
The acquisition of Cuba or of Dome adjacent
Southern country, is the very best slop to calm and
extinguish the discord which has for come time
disturbed the quiet of these States. It was
wisely said to Mr. Buchanan, a few days ago,
by a gentleman whose opinion ho asked as to the
beet remedy for the Kansas trouble; " Change
the programme; substitute Cuba for tiansyrs, and
the Ostend nutni /este for the Leeomptan Conven
tion." The President twilled and brightened up
at an idea which went home to one of his warmest
feelings and aspirations. All the troubles, disagree
mente and misadventures that may occur to hint,
in an administration which begins already to be
an eventful one, will be forgotten in the splendor
of the realization of the aim and object of the
Ostend Manifesto—the acquisition of that magni
ficent possession, "Cuba querida."
These feelings in the South will impel their repre
sentatives to a violent denunciation of the conduct
of Paulding to Walker. I cannot imagine a justi
fication for such conduct. The Administration
will be cleared of all responsibility in the '
matter. Captain Engle, to whom Walker
surrendered, has just arrived, and delivered his
deepatehes to the Secretary of the Navy. A
meeting of the Cabinet has been (tailed at an
early hour to-morrow,to consider this matter; moan
tint° it isamorted that Paulding proceeded with
out orders, and Captain Engle admitted as much
this evening, saying, "we don't require orders
to know how to perform our duty." The friends of
our gallant navy will lament this incident, as
calculated to increase the 111-feeling which al
ready exists in Congress against that arm of the
national defence. Prodding will have occasion to
make as precipitate a return to the States as ho
has compelled Walker to make. The formidable,
and, though often-conquered, never-subdued little
fillibueter, will be here tomorrow, motes having
been taken for him at Brown's. General Hen
flings= is here, and was preparing to join Walker
when the news of the latter's return arrived.
The arrival of Senator Toombs is an event of
unusual interest in the present state of parties.
PM proceeded immediately to the White House,
and had a long conversation with the President,
in the course of which he expressed his de
cided - dissent from the President's views
in regard to our neutrality obligations and our co
operation with Great Britain in guarding the
coasts of Central America. The hope has been
indulged that, as the father of the enabling ant
of the last session, Senator Toombs, would support
Douglas' proposition. I fear he will not, though
he is much less violent than others who stand by
the Lecomptozi wrong. Ho laughs scornfully at
the folly and impudence of the upstart denouncers
of his gallant associate chief and co-laborer in
es many hard-fought battles. There is no man
in Congress who could wield a larger influ
ence, and achieve a higher fame than this able
debater and fearless legislator, by rising superior
to an absurd and weak sectional fooling, and
taking his position on the high ground occupied
by Douglas and Walker. Ido not despair that he
will yet contrive the satisfactory adjustment of this
diffieulty. X.
MOVEMENT or Tnom.—Five companies of
Colonel Sumner's Regiment, First Cavalry, have
within a few weeks past, been ordered from Pori
Leavenworth to Fort Riley, K. T., and have taken
quarters at said post for the winter. Fort Riley,
by this addition, le new garrisoned by six compa
nies—officers as follows
Major W. 11. Emory, First Cavalry, Command
ing Post, and First Regiment Cavalry.
Assistant Surgeon It. IL Coolidge, Medical Mil
car, Company F., Sixth Infantry, Brevet Major L
A. Aru.istead, Captain Sixth Infantry.
Company A, First Cavalry, Captain W. N. It
Beall, First Lieutenant J. N. Perkins.
Companyß, First Cavalry, Captain B: B. Sacker
First Lieutenant P. Stockton.
.- -
Company D, First Cavalry, First Lieutenant D
S. Stanley, Second Lieutenant L. L. Lomax, Fos
Company 0, First Cavalry, Second Lteutenan
G. D. Bayard.
Company II First Cavalry, Captain E. W. T 3
Newby, First Lieutenant JamesMorntyre, A 4
Quartermaster, and 4, A. C. Seeend Mouton
ant D, Lung.
LAST in - I:NI:s(:.
At the appointed hour lost evening,
cal Fund Hail was filled with It large and highly
respectable audience;
,to bear this popular hut•
pit' orator, on the subject of "Social Forces."
It is hard to say, when we consider the extreme
onolemoney of the evening, whether the large au
dience assembled to hear this intellootual treat,
was a greater compliment to the abilities - of the
distinguished leeturer, or the good sense anti re.
Pried taste of our citizens. The good taste and
commendable enterprise of tho People's Literary
Institute is of course not to ho overlooked In this
At a quarter before eight, Mr. Chapin appeared
upon the' stand, when Secretary Collins, •aftelt
stating to'the audience that Mr. Beecher would
lecture at that •plane on the evening oP the 21st
of January, introduced the lecturer of the even
ing, who emu forward, looking as hale anti
rotund as ever, and commenced his lecture.
The discourse which followed was replete with
all those oharaoteristios that tend to make a lec
ture interesting to a popular audience.
Without being overstrained or far-fetched in
any particular, it was sufficiently brilillant in its
imaginative flights anti rhetorical bursts to please,
delight, and profitably entertain.
The introduction to this graceful, yet powerful
production, was a fit profane to the whole.. All
things moved. The leaders on the towering
Alps, which feed the onward flowing rivulet at its
base below, were said to Move.
' Yet, so steady and imperceptible was their
motion, that at a single glance the beholder failed
to recognise the fact. The truth was, however,
that 0/ the wes moved, and humanity and society
formed no exceptions to this• rule ; and to con.
eider the moving forces of society was the object
of his looture. To speak with scientific accuracy,
it might be said that there was hut one motive
force, and that was ontod—human intelligence
moving through the ideas of men. •
Ina brief analysis of this subject, the speaker
proposed to consider (Aree capital agencies as em•
bodying the forces that move society. Those were
the Mechanical, Intellectual, and Moral..
Under the head of the first, the lecturer argued
with much form) the ellect of soil and climate as - a
developer of mind at,d action, and in the course of
which he concluded a sublime tribute to human
genius, by saying that the keels of our merchant
men had written our autograph all around4l6 ;
globe. The very soul and spirit of machinery—if
wo may use the phrase—woe hero dimeeted. •
When we saw some nettle piece of mitabloory, the
speaker said, it was taking a look at a man's in.
tolleot turned inside out, and which might well
overawe us in its embodiment of resistless power.
The dininction between the genius of Watt and
Fulton, on the one hand, and Shakopoare on the
other, was hero skilfully drawn. If, upon the
whole, the latter was regarded as the greater, it
was only bonus° The former had merely in yenta,
whilst the latter had created; tile ono merely
moulded into fain; by the aid of gravitation,
whilst the other, from the resources of mind alone,
evolved his spiritual mentions.
Speaking of the concentrating influence of ma.
chinery in bringing great power into a small com
pass, the man of the nineteenth century was said
to be a condensed Mothusaleh !
The grandest idea alma the me eohanic arts in
their highest sense was, that they lifted'the man
above his work, and enabled him, amid the dust
and cinders, to catch a glimpse of those higher
beauties only found in the regions of thought. It
would be-hard, indeed, if our great mechanical in
ventors were to be productive of nothing higher
than corn and cotton; their tendency, he con
sidered, was to elevate and humanise the race.
But now, approaching the second topic of the
lecture, he said that the dead might of machinery
was not like the intelligence of 111471. And in con
sidering the intellectual as ono of the main forces,
the speaker recognized three distinct means through
which this force was allooted ; these were, intel
lootual apprehension, ptlblio conviction, and eau
Truth, considered in the abstract, was like a
great tolling ohairt—one in itself, but made up of
innumerable links. For this reason no one truth
could properly be said to ha totally diatinot from
every other, and, accordingly, oven the most mag
nificent inventions bore upon them the unmistaka
ble lineaments of plagiarism.
The discovery of America was not in the brain
of Columbus : but in the womb of the fifteenth
The power of thought was here depleted with
signal ability, and was shown to be infinitely more
resistless in its Onward march than legions in battle
At this point, Mr. Chapin rose to one of his most
exalted preludel flights, and as he moved along
In all the majesty of thought and power of deliv
ery, with which he is no peculiarly gifted, his elo
quence was like the surging billows of the deep,
evolving from the crest of every succeeding wave
still nobler and sublimer climax.
The influx of social force was to be found in
every additional work of Art and every new-born
thought. The great opposition which truth bed
always to encounter was next dwelt upon, and the
speaker said we ought to thank God If abstract
truth ever because a concrete power.
It wee true that the
puic opinion :mu not trite i t, welsh
lee referred to as an evidence that there was a dis
tinction between public opinion and public con
viction. Ifis analysis of the character of true and
spurious martyrdom to public opinion was here
drawn with en mush original wit end spicy com
ment that the audience were fairly convulsed
I with laughter, while the speaker's remarks Were
' literally drowned amid. bursts of applause, Ile
I know that good men were often liable to perseeu
lion, but he remembered with a great deal of
pleasure that their assets were. always equal to.'
their liabilities.
Now, as public conviction was one of the effee
tive levers through which society could be moved,
the Beet plan of securing it was of paramount im
In this connection, it was said that education
was the main instrument through which public
conviction could be 'reached ; so, that after all, a
plan of education really comprised the sum and
substance of all our puzzle about the hest moans
of effecting social, and hones moral and intel
lectual improvement. Viewing this vast subject
of educating the race in an extended sense, it
WAS said by the speaker, that we must necessarily
pass through trials, that coming generations may
be blessed ; the graves of the dead were but the
stepping stones of the living.
To meet and suppress falsehood, was the work of
philanthropy, although error from its nature must
always be short-lived. No matter how plausible it
may seem for the time being, its shell would al
ways ho crooked in passing through the mill of
events. The education of the human mind to ap
preciate anti apply the truth, was the great cork
to ho accomplished to move humanity into a higher
state of being; an education not consisting in the
more acquisition of facts, but that which would fit
the mind for applying knowledge properly after it
Is acquired. Properly, education should not be re
garded ns a mere prop to the men, but rather as
the man himself. The boy who came from college
with his mouth full of Horace and tobacco smoke,
was only fitted for the great ditties of life in pro
portion as he had learned to use his faculties in
harmony with truth and eighteoucnees,
Lastly, au increasing conviction of law oat in•
troduced as a most important point in this great
social problem. The VD , CO wore but slew in coming
up to the important conviction that the world was
being governed by is universal law, and he would
say, happy the race that in all its doings main
tained a superior reverence for the right, end that
did not attempt to unteadatnize the ten command
ments into a highway as a road to fortune.
The lecture, of which the above is but a very
hurried and disconnected synopsis, was received,
not only with apparent satisfaction. but witk ex
pressed enthusiasm, as was well attested in the
frequent and hearty applause with ieltloh It was
greeted. _
[From the llarriaburg Telegraph.]
During a visit to the Land Department we wore
shown the annexed copy of a letter written over
one hundred and seveaty-fire yea', ago by Wil
liam Ponn, the founder of our State. It appears
to be the credentials of an agent of the Society of
Froo Traders, an organized body of mordants
which once oxisted in London, whose objects woro
to trade with Canada, at that period a compara
tively unknown country. The " Emperor of
Canada" was supposed by the company to be a
celebrated Indian chief. The letter is written on
a piece of parchment two and a half foot wide by
three foot in length. The totters aro about an inch
in length, slightly inclining to the right, bold and
of very symmotrical formation The first letters
of the first and second lines are largo and highly
ornamented, a style which is yet kept op by some
of our first-class publishers, who introduce orna
mental initial letters to chapters in their books.
The signature of Perin is nearly an inch long, with
the same inclination to the right, but the !attars
are not quite as bold or gracefully formed as those
in the body of this dooutuent.
The Great God that made thee and me and
all the world Incline our hearts to love peace
and Justice that we may live friendly together
as becomes the workmanship of the Great God
The King of England who is n Great Prince
bath for divers Reasons granted to ine a large
Country in America which however I am
willing to Injoy upon friendly terms with thee
And this I will say that the people who MINS
with Inc are a just plain and honest people that
neither make war upon others nor fear war
from others because they will be just I have
sot up a Society of Traders in my Provinoo to
traffick with thee and thy ; people far your corn.
modities that you may be furnished with that
which is good at reasonable rates) And that Saab).
ty bath ordered their President to treat with thee
about a future Trade and have joined with me to
send this messenger to thee with certain presents
from us to testify our willingness to have a fair
Corespondenee with thee And what this Agent
shall do in our names we will agree unto I hope
then wilt Kindly Receive him and comply with
his desires on our behalf both with respect to Land
and Trade The Great God be with theelAmen ,
Wilt. PENN.
London the 21st of the iteurth month called
tifully-illustratoil Books will bo continued this and
to-morrow ovonlng at Thomas k ,sotie Mono*
Booms. 1
Front Washington,
WASHINOTON, Dec. 29,—The Indian Bureau has
received official Information denying the truth of
the reports that the disaffection of the Indians in
Utah Territory, created by the Mormons, had boon
communicated to the Indians on tho borders of
California, and espeolailY 'those in the southern
portion of that State, All remained quiet, and, so
tar as appearances were concerned, there wee no
reason to anticipate a different state of things,
Private letttors from California state that too
regiments of volunteers were reedy, at the top of
the drum, to advance against the Mormons, and
that ten regiments could be mustered. in less than
sixty days for the same service.
0010141 Despatch front cony. Paulding.
WASHINGTON, Dec. 29.—The following Is the of
ficial letter from Gym. Paulding, detailing the cir
cumstances of the arrest of Gen. Walker :
Off Aspinwall, Deo. 151957.
. SIR—My letter of the 12th instant Informed the
Department that I had broken up the camp of
Gen. Walker, at Punta Arenas, disarmed his law•
less followers, find sent them to Norfolk in the
Saratoga. The General osme here with me and
will take passago In one of the steamers for Now
York, where lie will present himself to the Mar
shal of the District.
The department being in possession of all tho
foots in relation to Walker's escape with his fol
lowers from the United States, as well RS the Jot
ters of Capt. ()Ward and General Walker to me,
after lie landed at Punta Arenas, the merits of the
whole question will. I presume, be fully compre
hended. I could not regard Walker and his fol
lowers in any other light than as outlaws, who had
escaped from the vigilance of the rasters of the
Government, and left our shout for the purpose of
Tapia° end murder, anti I saw no other way to
vindicate the law and redeem the honor of our
country than by disarming them anti sending
them home.
_ .
In doing so, I ant sensible of the responsibility
I have inourretl, and confidently look to the tio•
vernment for my justification. Regarded in its
true light, the case appears to me a clear one, the
plats being few and strong. General Welker
dame to Point Arenas (rout the United States, hav
ing, In violation of the law, sot on foot a military
organization to make war upon a people with whom
we are at pence. He landed there with armed men
lend munitions of wer e in defiance of the guns of is
ship of-war, placed there to prevent his landing
With nothing to show that he doted by authority,
he formed a camp, hoisted the Nicaraguan nag,
called It the "Headquarters of the Army of
Nicaragua," and signed himself the Commander
With this pretension he claimed the fright of a
lawful Government over all the persons an t i things
within eight hr his flag, Without right or without
authority be landed forty men at the mouth of the
river Colorado, soloed the fort of Castillo on the
San Juan, captured the steamers and goods of
merchants in transit to the Interior, killed
men and made prisoners of the peaceful 'nimbi
tanta, sending to the harbor of Sin Juan del
Norte ounce thirty or fifty men, women and
children, in tho steamer Morgan. In doing these
things without the show i f authority they were
golity of rapine and murder, and must he re
gallica as outlaws and pirates. They earl have
nd claim le he regarded In any ollirlight. Ifs
' inanity, as well as law, juetioe, and the national
honor demanded the dispersion of these lawless
men. The remnant of the miserable beings who
surrendered at ItWal were convoyed in this ship
last wanner to New York, and their sufferiegs aro
yet fresh in tho memory of all on board. Besides
the sufferings that must necessarily be inflicted
upon an innocent and unotrendlng people, these
lawless followers of Gen. Walker, misguided and
deceived into a pareor of crime, would doubtless
have perished hi Cehtral Amorlon, or their muti
lated and fostering bodice have boon brought back
to their friends at the expense of their country.
For the above roamers, which appear to my
mind quite sufficient, I have disarmed and sent to
the United States, General William Walker and
hie outlawed and piratical followers, for trial. or
for whatever action the Government, in its wis;
dom, may think proper le I,ureue.
Captain Gmivany,'Of H. B. M. ship Brunswick,
offered to co•operate with me in removing the
party from Point Arenas, but, as they were my
countrymen, I deemed it proper to decline the
participation of a foreign flag.'
In a letter of December 18th Com. Paulding
gives the particulars of tho landing of the marines
and 8011111011 at Point Aroma, under circumstances
of great difficulty ; yet everything was done in so
seamanlike and skilful manner, that it was accom
plished in the shortest Tomible time, and without
loss or accident. To the excellent discipline and
li se beating of tho officers and men ho says he is
indebted, in the performance of this most unplea
sant service, far the exemption of all casualty or
aoeldent. There was no ono injured, and no loss
of any kind was sustained. No commanding offi
cer was so supported by a body of officers and mess
in a manner more highly to maimed his admira
tion and respect.
Tho Cabinet had the matter before them to-day.
Although the arrest of Gon. Walker is not strictly
justified by the instructions to Commodore Paull
rag, it is conceived the ease is very much palliated
by the circumstances under which, WI explained
Icy him, it was effected.
(ten. Walker will be released front his present
arrest, and it is probable a process will be emu
, Trimmed to bring litmus to trial fci a violation of the
neutrality laws.
Captin Enle had e lon interview with the
Preside a nt to-day , and detailed to him all the Mr
' munstances connected with the arrest of General
General Walker arrived in this aity this evening,
accompanied by Marshal Itynders, and T. F.
Meagher and Malcolm Campbell, his attornies.
He was received with cheers by a large concourse
of people as be entered his quarters at Brown's
Shortly after Marshal Itynders with General
Walker repaired to the State Depertment, when
the former stated to General Cass that he had re
ceived a communlemige Cent Commodore Paula.
arrorted Ittemes enr ears,
lag on an unlawful expedition against Nicaragua;
that Walker had promised him upon hie honor to
surrender himself to Ityndera as Marshal of the
Southern District of Now York, on his tiniest in
that city. That Walker had done so, and that he
(Rynders) had accoutpenied Walker to Washing
ton to ascertain the views of the Department.
Gamma Casa replied that the Executive Delbert
went did not recognize General Walker 119 a pris
oner, and that it was only through the action of
the judiciary he could be lawfully held in custody
to answer any charges which may be brought
against him.
Marshal Itynders then informed General Walker
that ho had tut further authority to detain hint,
and both withdrew.
Sr. Loris, December 29 —Dates flan Leaven
worth, Kansas, to the 25th instant, give the vote
of that city, at the election on the 2lsl, as 23 for
pro.slavery provision in the Constitution, and 9
Much excitement prevailed et the polls. There
wore many Missourians presout, somo of them voted,
Ow taking the form of oath administered, viz' Aro
you at this instant an inhabitant of this Terri•
tory Several messengers were arrested, but
Judge Leoompte issued writs of hobedi minis for
their release.
(femoral Calhoun was burned in effigy.
Ely Moore was shot in the leg by a German.
It was rumored that Acting-Governor Denver
had issued an order for the arrest of Lane.
The News of General' Walker's Capture a
Nsw ()cleans.
Nnw OuLtAxs, Dee. 23.—The news of the cap
ture of lien. Walker, on the soil of Nicaragua, by
a United States officer, was received in true city
with general indignation. An announcement of
the feet was made to the audiences at Spaulding
Rodgers' Amphitheatre, and the St. Charles
Theatre, immediately on its receipt, and caused
great execration.
Calls have been issued fur a mass meeting, to be
held to-morrow at twelve o'clock, M., for the pur
pose of considering the act.
An intense feeling prevails here in favor of im
mediately reinforcing Colonel Anderson, who holds
pcesessiun of Fort Castillo.
Election at Quebec—Serious Riots
December 211.—At the election, which
took place yesterday, several serious riots occurred
at tho polls. Three Irishmen were killed and tunny
others injured. The military was called out to dis
perse the rioters.
The candidates of the Ministerialist party were
successful by .1,1100 majority,
Tito Clipper Ship Grey Engle in Distress.
CHAR bLST O N, December 2.9.—The Acaroship Co
lumbia which bas arrived at this port, reports that
who off Cape flattens, Au spoke the Clipper ship
they Engle, from City Point, Va., bound to Rio
Janeiro, a cargo of flour, di:quested, but she refu
sed to have assistance. The Columbia look off
soveu of her passengers.
!Tutted States Supreme Court.
WAstitNirros, Dec. 29.—Nos. 21a22—before ro
porlod. Arguniont commenced fur appellants
continued fur appellees.
Markets by Telegraph.
Prrrsnunou, Deo. 29.—Flour Is dull and us.
changed. The receipts are light. 11'heat quotes
nt 76,1800 fur red, and 05c for white. Oats 280.
Whiskey unchanged.
CINCINNATI, Lea. 20.—Flour dull ; 400 bids.
sold et $3lO for auperfine, and :33.80 fur extra.
Whiskey Ins. Hogs unchanged ; 1,200 sold at
There is nothing doing in provisions.
BA2,71.110121:, Dee. 20 —Flour dull ; sales of 2,000
bbls Howard end City Mills at 81.5041 75, on
time. Wheat steady. Corn quiet; •15a4 8 e fur
wlii to and 478500 for yellow. Whiskey is doll.
Nnw Oitnnaiss, Deo. 20.—Cotton.—Sales of
6,30 bales. Flour has n declining tendency.
Sterling Exchange 1003100.
CtipinnliTunt, Dco. 20.—Cotton-2,500 bales sold
at a recline of to i middling fair quoting at Ole.
(Correvulenee of The Prom]
118uwNsvzcLE, Deo. 17, 1857
As tie currency question appears to be the all
ubsorhing topic at the present time, permit me to
make tibe following suggestions:
It i9n wall demonstrated fact that no currency
can be made of ono uniform value throughout the
Uniteiltitates, 11111003 issued by the general gov
I tbatafore propose that the different Stator call
in their), rose t hank iiimulation, soil roll agidsh
their rixlit to issue paper money, on condition that
the gerund government will furnish the ditloront
Stabs with notes for circulation. To illustrate
m y plain more tally, wo will suppose that the
banks of the State of Pennsylvania have a cieh
capital of ton millions of specie. Lot the general
government 1811110 ten millions of notes of tim de
nominations of $2O. $5O, $lOO, $3OO and $l,OOO, and
hand whir to the State, for which the State will
give to the general government their obligation.
Lot theitate furnish those notes to the banks at
the rated one dollar in notes for every dollar they
have irL spool°, fur which the State 8110111 d take
from thi bank ample security, molt as State stocks,
do, Ttm hanks should he hound to redeem those
notes issued by them on demand, in gold and silver,
and shothl also be compelled to take all the notes
of the "Auks in the State, In which they are
Issued, In payment for debts duo them. The
general government should take these notes for
all debtedue the government—the different States
should take them for all debts duo the State, we
would then have n currency that would puss at
par throughout the United States The paper cur•
renoy of the country would be reduced about two
thirds; vivo it all under the uontrol of the gene.
rat goventruent, without their having anything to
do with the banking business. It would also onus
play thowbote banking system, and place them on
tho samefooting throughout the United States
d. T, R.
rn'Port, , t for Tlio
A rpecial nAcnting of City Coun:•il Licht
yesterday uftoinoon, at which the following binti
nVlN was transacted :
. .
A quorum of members answered (o their names
at twenty minutes atter three o'clock
Mr. Margolis moved to proceed to the considera
tion of bill So ti on Select Council file, making
nn appropriation for the um of the tilieTti College
for 1858. Agreed to. The httl ua.. , read uo
Suction I The Select and eon, mon Couileitr
of die Car y Phdarhlph n, do o,dala, That the
sum of eighty-nine thousand two hundred Ro d
eighty dollars be, and the game is hereby appropri
ated out out of the income of the residuary portion
of the Ilirard Estates for the year 1858, for the me
of the Girard College for Orphans for the same
year; the sold appropriation to he applied tin fol
lows :
For subsistenco c•2o 000
For clothing, bed clothing and outfits of
pupils 17,000
For salary of matron 700
For s ilary of assistant matron 500
For salary of steward 1,000
For Murree of four governesses 1.000
For salaries of four prefects 2,2110
For salaries of two physicians 000
For salary of dentist 800
For wages 8,300
For furniture and repairs I, sao
For fuel 2,800
For gas 1,01 1 0
For repairs to 'buildings 300
For Improvements of grounds 2,500
For incident 'ls 1.50 u
FOR 1•Alt01 , 11: , . 01' issrit !c.
For salary of the irosidenr
For salary of instructor of English loathe.
medics and natural philosophy
For salary of instructor of drawing, wri
ting, and book•keeping
For eatery of instructor of French and
For notary of assistant teacher, principal
For salary of teacher of English studies.
For salary of teacher of vocal music and
Fe calories of two principals of printery
department 1,100
For salaries of too first assistants of pri
mary department
For salaries of two second assistants of pri
mary department
For salaries of two]; third assistants of pri
mary department
For school and philosophioal apparatus .
For books and etationery
school and chapel furniture
For chemical laboratory
For additional instruction—to supply
teachers In cam of sickness
For books and furniture of library
For stationery and printing
For salaries of secretary, superintendent
of binding out, and messenger
For printing, stationery, advertising, alai
newspapers 480
For advertising and axi,ense of binding
out piptis ‘• • , .. 200
Por re*arde of merit 250
IV.r. Nothans moved to reduce the first Item to
Mr. Denton desired information of the object of
the mover.
Mr. 'Nathan% thought that the sum named by
him would be amply sufficient. lie understood
that supplies had been made to the College - which
would be sufficient until July.
Mr. Itoborts rioted to amend the amendment of
ivlr• 'Millions so as to insert $23,000, which was
agreed to, and the bill passed finally.
The ordinance from Common Council making en
appropriation of $lO 330 to the Department of
City 'Treasury for 1853, was taken up and con
curred in.
Tho ordinance from the some branch making an
appropriation of $13,7Q0 to Om Department of
' City Controller, was also concurred in.
'rho ordinance making an appropriation for the
expenses of the Law Department of $20,250, Was
also concurred in.;
The ordinance making an appropriation of
$28,520 to the Clerks of Councils for the expenses
of Councils for 1858, tons also concurred in.
The ordinance making an appropriation of
$100,502 for the expenses of the Police Department
for 1838, was neat taken tip.
Mr. Cornman called attention to the section
which appropriated $325,000 for the payment of
050 policemen. lie said that it was publicly stated,
and ho had private information, that every police
man was docked at least ono day a month, and
that the money thus caved went towards the pay
ment of seventy men who were on the police force
without any authority of law. Ile desired some
Information from the Committe on Police whether
a reform was likely. The bill was passed without
further discussion.
The ordinance appropriating $1,300 for the ex
ponses of surveying the Boudinot lands, was also
concurred in.
Mr. Williams moved that the consideration of a
resolution from Common Council, relative to cer
tain surveys in the First and Twenty-fourth wards
bo indefinitely postponed, inasmuch as the same
hod been incorporated into OD ordinance Agreed
The Chamber, on motion, took a reec , 3 of twenty
On reassembling, the ordinance from Common
Council, waking un appropriation of .519,000 to
the Dern twent of the Receiver of Tuxee, for the
year IS5d, was taken up and concurred iu.
The ordinance from the Fame branch, making
an appropriation of $3,061 w to the Superintend•
out, of Trust 9, fur purposes therein mentioned, wee
also concurred in.
The ordinance, making un approptiation of
$1613,391 72 to the City Cuzum4sioner, , , for the ex
penses of that department for ISSR, was also con
curred in.
Mr. Benton Moved to take up the ordinance on
Mr. Taylor thought it entirely out of order for
Select Branch to act first upon bills which proper
ly belong to the other chamber.
Mr. Benton, in order to obviate Ibis objection,
road the bill in place, and it then cacao up tar con
Mr. Roberts viewed the bill 113 one of great int
parlance. Be deprecated any hasty legislation in
a matter which affected the feelings of a large por
tion of the community lie believed that the bill
should be submitted to nn investigation from the
Survey Department. Ile therefore moved its re
ference to the Committee on Surveys.
Mr. Neal oppozod this motion, and urged the
Chamber to proceed to the immediate consideration
of the bill.
.Mr Nathans thought that time Was requisite
for a proper consideration of the hill. lie had not
attended the meetings of the committee who pre
pared the bill, as they met ut night Ile never
attended night meetings of any churn; ter. Ile
was opposed to having hie own name in the bill,
it having been inserted as the nume of a street.
The name was not the most congenial to his own
feelingo. After a few further remarks, he se
conded the motion the refer the subject to the
Committee on Surveys
The discussi.m on the motion to refer was con
tinned at length by Messrs icatbans, Cuyler, Mar.
sells, Benton, Bradford. Roberts, Taylor, ItleCay,
Seal, and Common; after which a motion to post
pone for the present was made and agreed to
The Chamber then adjourned.
The first bill considered was an ordinance
making the annual appropriation of 5160,011.72 to
tLo department of the City Commis.,ioner.
Mr. Stevenson said the appropriation to the
Sheriff exceeded the amount by 52,000 granted
last year. Ho moved to strike out.
Mr. Drayton said the Sheriff tuust hole what the
act of the Legislature allows hint. Last year his
fees exceeded the appropriation, and they had to
pay the amount. Tho Sheriff cannot getting more
than in)ustly due hint.
Mr. Stevenson again urged his amendment
Mr. Maseher saki that the Sheriff had certain
fees allowed him by law, and as last year's expe
rience showed that this amount won required, be
could ace no reason why they should appropriate
Mr. Miller thought the officers who drew from
the Oily Treasury such large amounts should hare
their claims examined by some competent person,
so that they should not receive more than they
were legally entitled to.
Mr Stevenson thought, the fines end penalties
received by the Court should pay all the expenses.
The amendment was not agreed to.
Mr. Miller moved to amend that tho solicitor
should examine all the bills prosentod by the
Sheriff, histriot Attorney, end Coroner, for hit an.
piebation, and ho .4,01 not (mantel:di:lt such bills
until these officers have accounted, at the time
provided for by law, for all fines, penalties ke ,
recnivihl by than
This aldendment was then agreed to, and the
101 then passed a final reading.
Tho ordinance making an appropriation of $19,-
000 to the Receiver of Taxes was next passed.
The ordinance making an appropriation of
$3,001.23, out of the estate of the late Thomas D.
Groyor, was next Nosed.
slkThe ordinance tasking an appropriation of 555
902 to the Department of City Properly was nen
Mr Parker moved to amend to add 5500 so that
the botanical names of the trete in the squaresbe
painted upon them. Agreed to.
Mr. Holtman moved to amend to strike out WOO,
and insert $2OOO for the improvement of Norris
square, as it wanted filling up and grading. lie
contented that it was now a nuisance, and es it
was generously presented to the city, the lent
they could do would he to improve it,
Mr. Moocher was opposed to any more appropria
tions to these squares.
Mr. Cooper sold the square hail fifteen feet of
water in it, and should he tilled up.
The amendment was nut ogrood to.
Mr. King moved to amend by adding after the
appropriation to Fairmount Park, that the Com
missioner of City Property notify the occupants of
thumb! park, that the city will require absolute
possession of the mum on tbo let of April next,
and that the Solicitor take the legal steps to ac
complish that end.
Mr. Drayton trusted this motion would ho left to
itself, and come up upon its own merits at smite fu
ture time.
Mr. King said it was impoP ,, iblo to get this im
ptant Inc/lento before in any other way
They could take no measures for the iwpro men
of the perk until it was vacated by the Nugtteti
Mr. O'Neill oppo4ed the amending As it non
wai, it furnished the gientest ptensuro to the
greatest number
Mr. I'arker -aid he thought the nan from
the l'ith tiqr. O'Neill) earned his cIeVIS ofTopa
lar sovereignty" a little too far—that becau , e ,
these people occupied Fairmount Park. they had a
right to remain there.
Mr :Slitter urged that Fairmount Park should
remain Its it is, and opposed the amendment.
After considerable debate, Mr. Mnseher called
for the " previous question," I) MA was strditined.
The ayes and uays were called on the question
"Shall the question be put P" and it was not agreed
Mr. Parker said this park woo act apart for a
certain class of foreigners—tucu who differ from us
in birth, acittitnent, and opinion. At tittles these
men charged twentpilvo ceutseaob for our cilium,
to obtain admittance to it. lie was informed that
the man a ho leased this place underiet it to others,
and made a largo sum out of it.
Mr. O'Neill replied to Mr Parker. lie thought
he was violating the rules of his church when he
was found loafing among the Dutch on Lemon 11111
on the Sabbath.
During. the discussion of the bill, Mr Drayton,
the chairman of the Committee on Finance, paid
a high and merited compliment to Me Eteidemen,
of Select Council, for untiring industry and inde
fatigable energy, in collecting the items and
o=ol4 the tlifferertt orditlimaes making the
anpropriati oL s to filo various thpartments for
Mr King said Le had made up his mind to say
nothing upon the subject, and let it or he
I,otcd down am „.they pleased. Thi 4 park contains
fortysix"sores, and is leased at a rent of $.200 in
deEnnoe Or the express will of Councils lie sAed
them to dispel their opinions upon A tuerieanino,
theology, ke . and look upon the with a
business eye, and for the best intetots of the
Mr iiIISHIS3 moved to /ay the motion on the
table, which was agreed to by a Tom of 5.!1,, K
te—Mears Alexander. Burnell, ilutAer,
Day, Dougherty, Drayton, Faulkner. Filler, R ei•s
Holman, Hutchinson. Jones, Keller, Kneara , Ma ng ,
Mascher, Andrew Miller. Morris, McFadden, Mc-
Mackin, McManus, McNeal, 0 Neill. Palethorp,
Perkins, ;Mach, John Thompson, Vanhorn, Vasey,
Minutia, Wilmer, B. F. Wright, and C S. Wright
Zi A —Mama. Blank, Cooper. Ford, Fry. Slack
er Kelton King, ?Joking, Mcntrain, Parker,
Sites, Stevenson, Oscar Thom Peon, Wildey, Wolf,
and John Miller, Preridort-18.
The amendment made to appropriate s,Lon for
the purpose of placing the botanical names n on
the trees in the squares was reconsidered.
Mr. Miller moved to refer the amendment and
the. bill back to the Finance Committee.
The motion was not agreed to The amendment
wee discussed and finally agreed to.
Mr Drayton moved to amend, to dispense with
the superinter.dents of the Spring Garden, KenAng
ton, and Moyitmen‘ing Halls, and that the Cern
int,aioner of City Property be forbid leasing there
halts for hail.; or parties without the consent of the
Committee on City Property.
Mr. O'Neill said that these halls were paid for
by those who wed them
'Mr. Parker said thnt those who delighted to
trip the light fantastic toe "should not b 0 inter•
fared with.
The first tart of the amendment was agreed to.
and the second pert rejected
After some further amendment?, the bill wet
The ordinance appropriating Snit 500 b, the
Department uf Highwa3s, was next considered
Mr Marcher moved to add $3,000 for placing
sign board.; on the street corners. Agreed to
The bill then passed, and Councils adjourned.
The stock market continues to hengui-b, though
prices rule shout at the same figures at heretofore.
The A,tiatant Trea.turer of the United State 4. in
this city, Is prepared to receive gold coin and
lime certificates therefor, to parties desiring to in.
vest in the new Treasury notes These notes wilt
bear interest at 3 per cent. from the date of the
deposit, and wilt be reimbursed one year after
date. They will be issued In denominations of
3100, 5500 and $lOOO. Receipts will be given Cur
moneys received, though the notes will not be
ready for delivery for some days
The popular feeling against the farther toler.
awe of small bank bills is beginning to manifest
itself in legislative halls.
Tennessee has set the example, and passed a
lair requiring the banks of that State to resume
specie payments on or before let ,Tanniry,
and forbidding them to issue bills less than five
dollars after January. ISIS; and none less than
ten dollar: after Ist January, 1839. The further
establishment of free banks in that State is also
The official averages of the banks in the eity of
Now York for the week ending Saturday last,
December 21), present in the aggregate the follow
ing changes from the previous weekly statement
of Saturday, December :
Increase in Loans $OOO 34.;
Decrease in Specie . 51.5,22 n
Increase in Circulation 42.721
increase in rndrawn Deposits ... tY,M,Kni
Ipehiding the eu3h.ui lowo operathnui or the
week and the bub•tremnry statement of Saturday
afternoon, the following is the general comparison
with the previous report, and al.) with the corres
ponding week lust year:
. .
Dec 21,'56. Dec. 26, '57. Dec.l9 '57.
Capital t. 45.2.35,006 ./64,668.000 V 54,664.000
Loans 108.527,429 97.002.025 97,211690
4pecie. 10 392:01 27.142,009 27.957,357
thrculation 8.387,107 0.352,187 0.109.466
Drosa Depoalts.... 87.396,664 76,139 897 76,443,130
Exchanged 25.137,271 13,090,627 12,733.024
Endrawn.... ..... 62,259.391 6,1.059,270 63,710,106
Sub-Trealury.. 12.043.832 3,661,662 3,912,115
lb deems° in Epeeto is less than calculated
upon, after the considerable export of $2,676,29:1.
The average line in still 527,142,0b9, and adding
in the California receipts, which canto into bank
to-day, the aggregate reserve this afternoon is not
far from the extraordinary total of 5'29,00n,000-
This immense amount of idle capital to one of
the worst features, considered as an indication of
timidity and fear in the use of capital, that the
present state of the times presents. It is a great
pity that one-half of it at least otinnot be pat to
use in setting at work the nianntaetorier , , which
should he feeding the thousauds of unemployed
workmen in New York.
The larger number of the New York benkshave
determined to profit, in one matter at least, by the
experiences of the year 18:4 and discontinue the
practice of allowing interest on deposits, particu.
lardy Oil the balances of country banks We quote
the following letter from the cashier of one of the
New York banks on this subject:
" In reply to your favor of the 23,1 instant, on
the subject of interest on your bank's account, I
have to gay that the pulley of allowing interest on
deposits subject to call has. beep carefully eon
rh.fistect atm at...sod by the boards of better elan
of our city banks, and they have unanimously re
solved to discontinue the practice. The points
embraced in the discussion are rrthstantially
stated in the inclosed circular, and experience has
shown that to carry account on which interest is
paid compels a bank to loan their means to the ut
most verge of safety, and to reduce their specie re
serve to the least possible amount; it is. therefore,
an invitation to any institution to extend itself
disproportionately whenever they are required to
pay compensation for balances, and so far as they
encourage the principle every such dopester in
curs an extra r'sk. We would greatly regret to
part with au account so valuable and satisfaotory
as yours has always been, yet we are firm in the
correctness of our position, and cannot yield it
even if such be the sacrifice; and entertain the I
hope that further consideration will induce you to
sustain its by continuingypar account as hitherto.
"Our policy in future will be to keep on hand a
target proportion of specie reserve, which we are
of course now unable ma du, and to hold ourselves
more at liberty to aecommodate our customers and
correspondents "
Chancellor Lewis recently alluded to this subject
in the House of et/111111(MS, iii the emirs,: of the de
bate on lam Bank Indemnity bill, as one cause
of the prevailing evils in that country ft is said
that under this system the lino of current Accounts
of the joint stock banks in London frequently
amounts to ten times their capital. We quote from
the report of the Chancellor's speech as follows :
"I would only direct the attention of the House
to a fact well known to all persons who are
at all acquainted with this class of subjects.
viz the great expansion which the system of
holding money on cell has received within the
last few years. It is undoubtedly, to a great
extent, to the abuse of that system—which I
believe is in the main a wholesome and beneficial
system, tending to collect together and to turn to
good account the scattered resources of thecountry,
but, nevertheless, eminently liable to abuse, and
containing within it elements of danger—that
many of the evils of the recent crisis may be attribu
ted. It is the system of giving interest upon bank.
ere' deposits, fertuerly almosturiknown in thiscotna
try, but for many years practiced to a great extent
iu Scotland—which has made a great practical
change in the working of our banking laws. Every
one must see that there is a great difference he•
tween deposits placed with a banker for the sake
of safe custody and the convenience of drawing—
where the depositor keeps only the smallest sum
which is sufficient for ordinary payments, and
where he draws it out in small emus, es was for
inert), the case in England—anti the deposits which
aro almost in the nature of investments, where
the depositor receives a high rate of interest,
where he seeks to augment instead of to diminish
them, and where (partieulsrly if he is s banker)
he hoe occasion Is, draw oat large -
suss at the
shortest possible notice.
The difference between the two is mini 'estly
groat, and it is nut dependent on the lair, but it
has a great effect on our banking system. With
reference to this subject I will take the liberty of
directing the attention of the House to a passage
in a letter from Mr. Cotton, addressed to me in
October, 183 G—more than a year ago—which is
printed In the appendix to the report of the Bank
Committee, and which, I think, shows some fore.
eight as to the ape;utiont,f this eystem. Mr. (mt..
ton nays
" • The system of banking in & otlanl which has
lately been introduced into London, viz: to allow
interest on deposits at call, or on short notices, has
given, and will give, ri,e to serious inconvenience.
as the depositors. in the event of a monetary crisis,
wilt demand payment when they would nut 0311
their own securities.'
"This. I think,shows a foresight and a conscious
ness on the part of Mr. Cotton of what was likely
to he the effect of this systetu."
lleposits Nu 1:113 in gold and 172 d in silver will
be paid at the Philadelphia Mint this day, :;Oth.
The bu.ine , s of the Branch Mint at Sun Fran•
ei-eu for the month of 'covember, was as foltom ,
The institution was closed from the Ist to the 21d
tkdd Dulliun received, gross weight, 441 52 oss
1-11ver 13.213 St)
Duublu Liglei 17,01)0
Oarter E tgle• 2i,00
Three dollar pi c ecs ooki
The „„ ne ,„ l ry n eomparative rtateinent of the
shipment+ of ireesoto from California for eleven
inunthA of 1.5 A; and IS:q •
t, ata,t n kla ',Ailing 0. 1 ,16 • .146,C-47,11G
,;_it 3 Nte.199. , a autl It3119)14 . 41,312 539 11
lalltug oft .0 is r
The -liipmeni4 during December, 18511, were
54.49051 91, showing that an export of SS2,-
02 8 for the current month is nrces3ary to equal
the total expurti of 1658.
The export values of merchandise shipped from
Salt Francisco during the month of Xovember, arc
as follows :
To Aualralia
South America
- Toth! $181,737
Exported during Nur., 18,56. • 102,569
EXtie , s3 in 1S SC,
The operations of the San Francisco Custom
House for the month of November, are as followst
Value of Sferchandige entered for duty... $430,547
Merchandise entered for warehousing.... 76,162
Merchandise withdrawn for consumption. 82,326
Merchandise withdrawn for export 2,84 T
Calb reoot►ed for duties 0T,143
st•er 29, ISi7
lieprud 17 R. Manly, Jr., Stor.f Bair, No
80f Walnut s:rra
-11,0 \ l'eu.a R R 6'5.511; I 10 Peraa R B SI,.
100) do .51 4 I 10 do 3,1 i
10.,) Prona I'., N4l 3 Brain R. E.:.;
12. N) do i.j nu do mob- .. d2': %
:aod , .141 1, , ./ .lo 0 . .1.21 .. 27 *
'kV do SO 100 d.. coala.. .311 a
:lOW Read RRL A. , 01.e..1 , :,J d.,
44.01 do SG.f.l IVO do "4 ;
lOW .d, - ..:0 e.. 5 051,,eldtt 11. P. ...'.9
1100 C:ty G'e , _l'y 3 do ....',
'..'"‘) Ct. 7 RR 6 • • -••-• -, ::..) L 2 :h :. INa r Tref 1:
1w do . .. id,.. 5 N Per It B ... a
I Pear. Ft R B)," I o 4 Girard Bank 9
do 1, ~ 10 da.... 1'
11 do 1.,, I
i la of Penns ... Oft
10 do 534
44...00 N Poona R a t,', 51 ~. 4510 l'ronsl 1 it
1040 do A:, -0) arkv M0...1 RR.. ':1
100) L Val RR IVA c ..11!..
2000 Penns ::.'• ill 11 Real R R ...... I!7i.
:403 o , IX 9P. M.A.AR R..: 4 .04
1000 do A.l.' 91 Nor R R St
3(.0) 8t.t..1 CA ice .1 k. i 6 ray 8a5k..... ..7.; - k
1600 Recd Ft R e..".. •6.C:. I 10 do ... 'l' i„
fC42 City R R d's... .Pi!, i 1.1 6 rroal font... 9
1000 Cdr. C.e..e& res,..•",s I 10 a1....A...f, rtta.l. - 1,,
21 , ..0 .1,.. .CS Pr: !N5.4 IL , . lAnn A Ile Bk. :.:
.A.N) C12,5..t DAC* C.• 621( 3 do . t.. 1
'2.-:. Res.l It D. r%
CLOSING raicza—DrLt.
Sid. Asked. .14.1
1.7 a tates '6a.110 &NE/ pr.! 1:
11,46's tat 06 65 *Li "
... 9 I.s
" ‘• BRA:, ep.SX I Rv'th Elm NW 11
"tie. 92 423 do lit 1.v.11:' Es
Per tulle 64 t do 24., Si Sr
Re 3.13.24 R " 1 27) Loa; .... 9'. P.
de. iiteda 1 . .) 7.: 75 I Vick ban......
do NI Girud • g it
do do ac; Lebigh 'Line .• •• V
Pauli RH 4
firwrl4 ~, ;, 112
N EI.6 Canal 2 4
1:10 47,,za ,1 41 1.. Creek
N 64 Ce.a.:14.6 6
Captcrl Rynders left fry Wsehington on the 0q,‘,..,t
o'elntk trein thie ta-rning. with General Walt:Er
in Tbo S'l‘bitetet• 3 dep.rtnyeaftysetef
little attention. founer frien It hoe eePra en
ticely indifferent to hie fate. The general
tinn among them is, that he is not only innun...r.
in the treatment of his Celli:mere but utterly it,-
competent to eonticket any extensive entettciu
and that whatever bit reeepti-,n at Wa_lbizat - n
may be, be earl never main enjoy the eons-1in,.3
of his Lamer party in this eity.—S. Y. E t e, , ;
(correspondence re The Press)
New Yves:, Dec. 29, 1e57-5 20,P. M.
The last bank statement for the year 1357 to the
most favorable, and is generally considered
that has been made fur a long time. The decrease
in specie is not near 213 great as was expected. an i
as I base already raid. ' , much more then replacel
by the last gold sreival from California It most
be remembered that during the present month
apwarda of ;10 Ooi flee in specie Lave been sent
to England from this pert and Boston, of which
7,sthetieu have teen sent hence, and thee
remeining $2.;04m09 from the American Athens
The gold reserve now Leld by our tenet i
actually about 529,(4? nee, if we all the te•t
00000 from Cslifornia to the 3e7.142.. r
shown in yesterday's statement. With thi,
very strong stcck of bullion it it thought by
many that * the increase in discounts ought to
larger, and that the parer of solvent boars
ought not to be so severely seratinited as it is;
but it is only fair to recollect that th e h ee l, as .
I carrying a I cry large amount of •- extended ta
per, midis by houses which in Cizteeer ta=t
thought that ninety days extension would get
them over their difficulties, and that fine weather
would have coached before thii. A wiry gr e *
proportion of this extended piper will certain"
not be paid at maturity, and the banes are al
ready preparing to take whatever they can get
iu cash, " extending" again for the balance. and
getting whatever additional seearity they can
end. In this respect they are acting liberally. ace
though it may be tale that this nursing process is
the only one to !axe lliemselves from ultimata
loss, the effect is the same as if it was the most
disinterested benevolence. With the opening of
spring and the revival of business, it ishoped that
the merchants will be in a position to wipe off this
load of indebtedness; but the most sanguine be
lieve that
_the process will be slow, and that the
utmost ca en will be necessary to ensure its ae
The check to the exportation of produce, teeth
on this and the .other side cf the Atlantan has
weighed very heavily upon us, and has materially
retarded our financial convalemeace. At the pre
sent low prizes here mad in England, exporters
cannot pay sefficientay high freights to make the
transport of proacee profitable to ship owners, enl
according to the last accounts from Bente there is
no prospect that prices will advance materially for
same time to come. The prices here are not high
enough to tempt Western holden to send produce
("retard in any quantity more than is needed f r
1 home consumption. and now that nacipti:ii
'is elo=esl, an additional obstacle is idero,i to
its rapid transport to the reebeard Fmno these
causes liquidation of indebtedness is r. aturany
much retarded. Merehante here cannot relieve
what is due them in the West until their debtors
there eau realize their grab and provisions ant
they cannot consequently pay what they owe bete
and abroad. lint. tiotwithstanlitg all their diffi
culties, the American merchents have acted nobly,
and have well maintained their reputation Ihr
honesty and fair dealing. Se far as they could,
they have paid their debts with lendable teal. and
have borne pressure as well. if not better,
than the mercantile communities of foreign
countries. Of the new cotton crop, S2l Jeetee)
worth has been already exported; and ef
thiequantity ebeeeto 000 worth has been
sans toe:extend Add to this the vast slams in
specie which have been slat to meet engagements
abroad. and every one will admit that the credi
tors of American merchants have no right to corn•
plain When the large cams due on the 23 of Janu
ary have been paid, the market, it 13 expected,
will be vastly easier then it has been since the cri
sis. Until then no new btu - bees will be done, and
capitalists will not engage in any transectiots
which will deprive them of the command of
their funds for any length of time. With the new
year a number of old scores will be wripe-3,
and if confidence can be only partially
restored, the wheels once sot in motion will steadily
roll on, until things retume their normal condi
tion. I have never been sanguine. Indeed, some
readers of The Press may think that I here bean
a cro iker, inclined to take a gloomy view; bat
I feel persuaded that I hare eat ever given an
opinion for which I had not, to my own mind,
satisfactory reasons. and I therefore feel the more
pleasure now is expressing the belief that better
times are at hand, and that before the spring Erin
begins to shine, we shall have weathered the
storm, although many of ns will be crippled, many
not e l uite sea-worthy, and ninny completely and
hopelessly stranded.
I heee seen private letters from England which
are very encouraging as to the prospects there,
and which lead me to expect that every steamer
will bring better tidings of the financial and com
mercial position in th it country. There, tee, as
well as here. the crieie has expire reckless tra
ding. iinprot ident management, and inordinate
speculation; arid If the bitter lesson which has
been taught will act as a warning against the
commission of like criminal folly in Mare. the
panic of 1557 will not be altogether unprofitable,
and will not be altogether unattended by geed and
' wholesome results.
The very inclement weather to-day has caused
Wall street to be almost deserted. and things are
duller than they were. Money is in slightly more
active demand, to meet payments cn the 24 of
January, but rates are nearly as they have Leen
for the last month The sterling exchange market
was quite flat, this morning and very little was
done. Rates are nominally uncharged The
amount of gold probably taken out by the Boston
steamer to-day will not exceed half a million.
The Persia on Wednesday will carry out a eery
large suet.
The domestic exchanges are gradually ins.
proving. The quotations are as follow;
fall ; Baltimore. 21121 ; Providence,
I ;all : Cheesed, 5;a6! ; afilwaukie, 51a61 Cin
cinnati, 2; New Orleans, 2; Charleston, 31a3.
The Western Bank of Scotland has assigneel te 3.
Bancroft Davis. Esq., and James Thomson, for the
benefit of its creditors, all its property . in the
United States, or on its way thither. Direlenie
payable in the first week of January bete been
declared no follows : Pb,vnix Bank 4 per cent ;
Bank of Commerce (semi-annual) 4 per cent :
eeventh Ward Bank, (semi-annual} 5 per cent..
Mechanics' and Farmers Bank of Albany. a
per cent., and the Bank of Albany 5 per cent.
The Clearings House exchanges to-day were
e12,27e,564 3.,, and the balances STIS,GSO.I.3. The
cash transactions at the Sub-Treasury were 93 fel
lows : Total receipts, $137.292 37. inclndidg from
customs. $55.000; total payments. :24U - A le!
total balance, i1ie495,713 69.
The stock market weevers , languid, with a gene
ral decline in prices for railroad securities. Bank
stocks are gaining every flay, and State :locks cry
ttucha;lud I zuli j oin a good from extract be
Caplet's circular by the Canada as to the general
10M li Ses '11.5 coup 112 '11'.3 New York Coo R
3000 Ohio ro. 1559 100 fl 3 es c 75,
19000 Missouri Cc SO 290 do a 3
2000 do t, So', 50 do 7310
3090 N Carolina 6* is) 50 do slO 20
1500 N York Cent tis 51 110 0 do a3O
lON Harlem 23 mart 64 ti! 50 do c
3094 THA Al '24 mit 43 200 do c
5000 Mich C,u S o r, 0 :lea e„, see 71
1:4 31 51..; Id Coo ,Sl7,
,•250 Erie Railreel see) I
415)0 do Si ;312 do se 1:
3000 ha wort 04 ;ICJ d o c 17a,
31 Ilk :Aare of N Y 91);:,10) Hut hirer R blO 13
5 Rink of Com 100.5 i ',LAO Marley s3 uj
50 Rk of Republic 108 ' 10 Harlem pref 15
25 Cont.ental Ilk 75. k) ClerS.Tol R bed 41
2) imps Trad's Ilk 95 !SOO do 401,
20 Nati , nal Rank 105 t 20 N paces S. 11t1.1 112
3', PacifieNlail Co 55,i 35 Reallng It
15 du f,5 ;100 do iO u 14
00 do 1,20 I:5 l; .400 do e r..Pj
10 D01.1.11u4el Co 107 ), '50.0d0 5.1,
SO Penn Coal Co GS y‘ :s0 da P:0 Sy,
210 Cum Coal Co e 3 9 I.ICO Itirh ficutherra 0. 15
465 Chlrogoß 111 R7O 100 do 0035 VO
150 do 1 , 20 70a, 12 Moab SAN IVI
25 do 1,30 7j Panama R 1.30 ?4
1') do 70K 4 S Gal E Chi R to
127 do 7Oq 110 do
lot) do .50 70 50 to
100 IsCror,d Mil le. 101 10, Ceo
10 C B
ROI H:1111 Sli 110 a —The only tra o s ec t ;on • of 1,, iT
jortaoce hale been In Erie. at a decline of .r
clor e land a Toledo. of s ; in Chlciroand Rock I
o f , In New York Central, of I i 4; sad t o
90 advance of I„ Delaware & Hudson Canal and l'onn
sylvan. C. al continue, steady.
kloarr —ls wlthout change. 5z.: per root for 1. - acs
. call' poor out-ode of lank, 0s1) p.or lent The
banks discount wiltiuyly all th e eh . r t 0 1 ,1 :la:: j •;er
that is offered
l'f'sr Canada ) New Toss.. Dec CS. 1"057
The festit ities of Christmas have interacted ranee our
last advice.; of =4 inst ; the character of our market
has changed but little since then 31oney retrains
plentiful; nevertheless the usual inactivity at the r u t
of the year, and the European new a to the 12th lust
which represents Glenn:moral crisis ia• continuing with
the greatest severity in the north of Germany and in
other countries, do not fail to exercise a depressing In
fluence in our market Oar alock exchange has fslt
the effect of this, and has been very inactive, with soma
decline in prices.
Sr-Ire STOCaII —The C. 1317 one , which have been at all
active are Missouri 6's at well sustained prices, end
Tenn..* 6's eta decline of IIC per rest.
City BONDS —We notice some sales of CIIICV 3 G's
(tater loan) at steady rates. and of Louisville below
our previous quotatrona. Brooklyn B‘., which had de
clined last week. have recovered to thee'. with a few
$2,324 47 Oi
id 946
20 111
50 044
. 5.32
RAILROtn lionia —Some IllniCus Central Construe
tom hare been done at a decline of 1 ; as alio aaGa
Ida 7'6 at a decline of ii; Michigan Central, lot watt
and aslant and Chimp, 24 ret ort ,1i Itat4 Flee.