The New York Herald Newspaper, July 13, 1842, Page 2

NEW YORK HERALD New York, Wednesday, July 13, 1842. “~ Herald Bulletin of New! ald Bulletin of News is kept at the north-west tou and N ‘On the arrival of th bY Che 4 orner. Let every waylarer its of all kinds taken at the office, ting Office. apable of doing all sorts Its, ew 4 + of ull atrance w OF Jos: ich our leading are rst page. otiations with Great Britain=Pre= sent State of Affairs, trom Washington lead us to be- I on of the completion of the treat V ihe executive agents of this gov ose of Great Britain is prematur stiations are still in progre: e no obstacles to the satisfactory adjustment stivns in dispute, with the orth-Bastern Boundary. On that point there culties; but they are not of a nature ery gloomy upprehensions of the re- the prospect, it must be confessed, is vecouraging just now as at a former period Che instructions of Lord Ashburton, as character sufficiently liberal, but his no- do not conform to those of Maine. What Lord Aberdeen, and Lord Ashburton, also, might ception of uny vi tions regard as liberal and generous, Maine might very naturally consider as avaricious and grasping. It is well known that the policy of Great Britain has ever been toclaim all and yield nothing. This policy she adheres to, and while professing the utmost soli- djustment of her difficulties with us, s to Lord Ashburton are undoubtedly ingent character, loeking at the dis- territory through the eyes of Maine. progress of the negotiation, and its present tion, is understood to bi follow: The initiation in the negotiation was taken by Lord Ashburton ; the first proposition was made by is understood to have been as follows: line on the map above designated as the defined by Great Britain,” should be the boundary—no equivalent to be given by Great Bri- 1, in the way of territory or commercial privileges, to be borne by words, we were to receive most § », and the was t xpenses of surveying, &c., Great Bi tain—in compensation for the territory between the line by Great Britain and the St. John’s River, ney, and relinquish every thing. osition was rejected and re, 5] cla ledat once nadmissible. Maine, then and without consideration, as utterly ‘The commissioners on the part of communicated their terme. The selection of Mr. Preble the commissioners was deemed ortunate, inasmuch asit was mainly through his joflaence, when the representative of the govern- ment atthe Hague, that the award of the King of the Netherlands was rejected by Maine. Butif the representation respecting the proposition made by the Commissioners be correct, there would seem to be sions on this score. ‘The proposition said n made isliberalin the highest degree Lileed it may be doubted whether the treaty, if con cluded on this basis, will be ratified by the Senate. Mr, Preble, it issaid, however, does not concur in views of his colleagues. e impression at Washington is, that a majority aine commissioners have proposed to give territory claimed by the United States St. Johns, in consideration of the free na- vigation of this river. A reference to the map above willenable the reader to understand the precise po- of affairs. The commissioners in behalf of Maine, offer to give all the territory north of the St iving up a large tract between the river ttled by the King of the Netherlands, s one of ) apprehel to have be ns, thu and the lim demanding for this concession nothing but the right to navigate the river. The part abandoned can be seen on reference to the map. Now it happens that the equivalent demanded by the Maine Commissioners for relinquishing the ter- north of the river, is of very little value. ‘The sation of this river might be a matter of great ence, but by the terms proposed, we do not » it—we have no access to it, except at a point at falls, a cataract constituting an ob- to all beneficial navization absolutely magnitude of these falls is such that no vessels can go over them in any state of the the riv and it is only in a freshet that rafts of o down without being dashed to pieces. n, therefore, even if granted by Ashburton, can be of no advantage to this country. But great doubts are entertained whether Lord Ashburton’s instructions authorize him to yield an ineh of territory north of the line marked on the map “as defined by Great Britain.” If this is the «do not see how the question is to be disposed Maine will never consent to any further What thenis to be done? It is worse than folly to go to war about this matter. Then above the st ion fatal. The logs ean ach ae vord case of conce t all sions. why not leave the difference to be settled by a neu tral power, ¢ en by the United States to arbitr: between them. True, the experiment of arbitra- tion has been already tried without success. that question belongs to a c secms most fitted to be Bur s which of all others ettled by arbitration. The ofessed to define the boundary be- 1 States and the British Provinces , at the time of the recognition of of the Union, undertook to de- a line drawn through a country never sur. ed, not even explored. As might naturally have J, the actual formation of the coun try was found on examination to differ materially from the hypothetical form assumed by the framers of the treaty. The water-line, along which the boundary line was declared to pass, was found to have no existence. A literal execution of the treaty sible. Here, if anywhere, was a case in which the disputants might refer to a third party to divide the disputed territory between them on abl ciples. treaty which pr tween the Unit of North Americ the 1 penden ren anticipat impe equit ry other cirenmst te such a determination under nees, but our apprehensions | Ashburton’s instructions are well tler can be anticipated, von.—We learn from Washington founded, noth: impeachment scheme is like to prove an abortion. The subject was started in caucus and only seventeen were found to sustain the proposition. John Tyler is not to be headed. Mr. Botts has not the countenance even of the manifesto whigs. Tow anv T. OUBLE IN PennsyLvania.—It is said that miners in Pottsville having struck, not for high- er wages, but farpayment of their wages in money and not in orders. On Saturday the military were ‘Two thousand of the operatives had left off work, and were taking measures to force others to follow their example ‘The following extract of a letter, addressed toa gentleman of this city, dated Pottsville, Pa., July 11, 1842, relates thereto :— : “ We are inadrealful state of excitement. The miners hare turned ont for cash payments and increase of wages { place, as the mob Will not allow ling to work to do so. On Saturday night Farms, and two companies of military 10 Minersville to protect the town. To-day it 600 men under arms from the lower it will end Ido not know. No ne, or coal shipped, for some time. Three are expected to be in the town. What they ‘only knows. I hope the crisis will come at ered out thousan will do, € once. | willaivise you further to-morrow,” &e, ke. Buocksvg or Mexico.—The Texan schooner of war San Antonio, left New Orleans on the 28th of June, to take up her quarters on the Coast of Mexi- co. . The blockade will soon be made effectual, y The name of Dr. Peter 8. Townsend, one of the Vice Presidents at the great Tyler meeting on Monday, was erroneously printed Peter J. Town {in our account of the provecdings yesterday, | recover of the assignees: Cireult Court, Before Judge Kent. Jory 12.—~West, Oliver # Ce Charles Cartledge and John Horspool.—|n 1887 Mr. C.J. Gay ler hired of plaia- tls the store 102 Water street, being part of their premi- ses which extend from Pearl str on @ lease for three He Ito pay $1000 per annum. Mr. rty, conaisting of ison chests, &c.to Mr. ger, and subsequently mad@ an assignment to subject co said mortgage, He is now a petitio- bankrupicy and is poor. ‘The present action is to 6 Oe. being for three quar- ters rent to May 1839, interest, For the defence it is tended that the assignees are not linble, that Mr. Gay- © went on doing business in his own name as usual, te- siving and disbursingmoney and that they never received om hima dollar, ‘They Turther contead that Messrs. West and Oliver did uot consider the defendants holden let the store forthe unexpired year of o Mr. L. J. Brown, for $700. Several ithestes were examined, aud various poiuts of law p ed to the notice of the Court on the subject. The ial has occupied over two days. At seven o'clock Inst ning it was adjourned to this forenoon. For plaintiil, Mr Edward Sandford and Mr. Mag! For delendants, Mr, Charles O'Connor and Mr. E. er Court of © on Pleas, Before Judge Ulshoe ’ annum. ‘The rope, and his wile re-let the ‘roo: n named Sutler. ‘The latter went for afew days to the country, and on his return found a billon the window that the pi to let, and also discovered that a stove and ot had loft there, had been removed from the prim ‘The defendant, when called upon, refused to pay the rent, pund that hig principal had b ted,and he o right to pay. It appeared, how put upat the instance of the tenant's wi y found for plaintiff in the amount due, beir cw premises No. 3 Mu tenant, er, that the bill » and 1. Waddell vs. William L. Simers —Dr. Sime < of 1310, hived of Mr. Waddell the how latter bad been residing, (No. 27 Bond st ase to extend a y ot being sold. In Fel use for the purpose dd. InMay Dr. 8. the cause of its maining on hand beeane apparent. The Dy. agrees, on taking the house to keep it in prime order, and to restore it at the end of the lease, in as good condition as he found it. The complaint is that the house was much injured by the defendant—the wall of the tea room destro} the spr whieh for on fur wal r being allowed to run through when it ru ed—the grass plot destroy ed, &c., and it became out 200 or $300 in repair ‘© the tempt to let the premises. ‘To recover nd also th t quarter's rent, action is ndant having ill treated the k was adjourned to this sb mount, Generat Sessions, Before His Honor Recorder Tallmadge, and Judges Lynch and Noah. Wittiast Siaten, Esq., Acting District Attorney, Jony 12.—Trial for False Pretences.—John H. Garland was tried on an iidietment for obtaining eighteen casks ofemery from Robert Gregory, worth $35, under false ; but the evidence not’ being sufficient, he was Burglary in the First Degree. young soap lock, who says his name is Edward Roach, wae put upon his trial on dietment for burglary in the first degree, for forcibly ing the dwelling house of David Phillips, 66 Crosby on the night of the 30th of April. It was proved by Phillipe and his wite, that on the night above named a colorod girl, who was a servant in the family, camerun- ning down stairs, about 20’elock, ina fright, and stated that there was a man in her room, On searching the house, prisoner was found in the basement, with all his clothes off except his shirt, he having stripped himself, as was supposed, to convey the impression that he had en- tered the wrong premises by mistake, and was proceeding tobed. Upon being accosted, he stated that such was the fact, aud that he boarded in the house opposite. The dwell- ag was forcibly e it ing the fastening of the window shutter an A closet in which a quantity of sly: fad been placed was also at- tempted to be ed, and one of the brass knobs was broken olf. who was in the house at the time, was among the missing ou the trial, and herabsence was charged tothe interference of both Phillips and prie soner by each party. Jon’ M. Bixny was called by defence, who stated that he boarded at Mrs, Hunter’s, corner of Ninth street and Broadway, about two years since; that prisoner was a ser- vant there, and had opportunities to steal if he had been inclined, but had always behaved well, and while there r suspected of crime. ax Scnoicx, also testified that prisoner had been a servant in his family, and had behaved well while with im. The Recorder charged that the factof forcibly entering he housewas fully proved, but the intent was not 60 clear, The fact of his having been found in-the sttick of the house in nearly ed situation, while the silver al- luded to was in the basement, appeared to convey the idea hat the object of prisoner was rather to have illicit inter- course with the colored with whom he was sc- - The jury returned a yerdict of vot guilty and the Court discharged him. Grand Lavceny.—A man named Charles Davis, a car- penter by trate, was tried on a charge of grand larceny or stealing $135 worth of household furniture, the proper- y of James Watson, formerly of Fort Washington, ‘The soods were taken about the 6th of March last. The pro- secution called James Watson the complainant, when T. J. Smith, Esq., counsel for the defence, objected to his n.on the ground of his irreligious belief. ¥ Britt wascalied as a witness by counsel for fo state what he knew relative to Watson’s reli- sious Delief, and deposed as follow: am acquainted witness—he said he did not believe in a God, but he selieved in something that overruled all. He said he did sot think there was any more harm in killing a colored person than a cat, if it was not for the laws of the coun- ry. Mawel Mixor was called on the same point, but knew vothing relative to Bishop's religious beliet, The Court stated that the evidence was not sufficient to mpeach Watson, and he was then called and sworn, vhen he testifted that the dwelling in which the pro, rad been left at Fort Washington had been unoccupied for everal days previous to the robbery, and that the pri + aide! him to lock up the previous to his He also stated that a small quantity of yarn belongi him was found on the premises of prisoner at the time is house was searc! Mr. Honstes, the olficer who searched the house of pri- stated that nothing was found on the premises laimed by Watson, except a small quantity of thread and ‘couple of books. ‘The character of prisoner he said was generally good, while that of Watson was notoriously Ricuanp F. Caxtay was called as a witness Iam no! \quainted with Watson, nor should not like to be. His i he is not to be believed. I should not wish y de with him. Ihave heard from Gene- al Bogardus and his family that he was not to be believed vler oath. 1 would not believe Watson, where his in- erest was concerned, either under oath or otherwise. The acting District Attorney here stated that he w atisfied that the defendant was not guilty, and no other withesses were called. The jury immediately returned a verdict of not guilty, snd the general impression appeared to be that Mr. Wat- son had never been robbed of the goods he alleges to have neen stolen. Complaint was immediately entered against Watson for perjury and false imprisonment, when he was arrested and committed. Second Trial of Bill Kingston, the burglar.—This ebrated person Who sports the alias of Bill Muriett, was put upon his trial, impleaded with William Banvard, harged with burglary in the third degree in entering the tore of Samuel , 487 Broadway, on the night of he 1th March and stealing therefrom 5000 segars alued at $20 a thousand, a small saw and a valentia coat. portion of the segars were found in a closet in the house x the prisoner, in Desbrosses street, by officer Hay: ulso the saw that wasstol’n. The coat was found in atrunk 8 possession of Wm. Banvard, the person indicted with Kingston, and a jemmy crow bar” was also found on the remises. Barnard’s bail has been forfeited and he has run away. Kingston was arrested in bed by Hays; with his boots ind pantaloons, about 9 o'clock in the morning, a fewdays sfter the robbery was committed. ‘The store was entered vy forcing the front door open and breaking the hasp of he lock, The saw was identified by both Mr. Engs and one of his clerks. The defence proved by J. W. Stxwant, tobacconis 39 Division street, that segars could not be identified, ter oath. It is two years since T have seen segars of the quality as those here alleged to hove been stolen. 1 was adueed to become a witness by application of one of the counsel for prisoner. Mra. Ametia Bxcassox, wife of Philip Becannon, grain neasu} was called and sworn—I called at the house where Kingston boarded in the latter part of March last 9 see Mrs. Williams, his sister. While there a young man named Barnard came in with acommon market bas- set filled with segars. He asked prisoner to buy them, and he agreed to pay him: $7 for them. He also had saw in the basket which prisoner also bought for two shil- lings. ross-eramined—I have known the family of Kingston ‘or 16 years, but am no relation to any of them or to pri- soner. My husband is acquainted With them and they visit him y Mrs. Euiza Wit , half sister of the prisoner, sworn, and deposed that prisoner lived with ‘er in the latter part of March Jast, and that the segars tow in court were brought to the house on the day above stated by Augustus Barnard who was in the habit of oming tothe house, and was acquainted with prisoner. My father and brother Samuel supports the family. We four brothers. Prisoner makes his living with Samu- buying and selling produce. Wrscey Murzerr, one of the half brothers of Kingston about 16, was called and deposed, that in the month March last Bannardcame to the house in Desbrosses treet, and offered to sell some segars and a saw which vere bought by prisoners for $7, and a part of the money said for them at the time. Orficer Ginent F. Have was called by one of the jurors 4s also officer Stanton, to show what was inthe trunk at he time of prisoner's arrest. They stated that, a quantity of of gloves were found that we Lomb - 44 also a variety of Knick’ knacke, elothlng ke The evidence was here close:!,an knacks, clothing, &e. . B. Manchester, Esq. f ution. ‘The jury after an absence urned av vesday mor of about fifteen minutes re- ¥, and the court ad ‘ ne at TT iain! the court adjourned to Wed ay Stic Apect nl Sewstons, efore Judge Noah and Alderman Leonard and Gedney Jovy 12.—Adam Cling for stea pes gre 4 vef from Thomas F. Day, was eent up for two mocihe ames Johnson, alias Clark, for stealing two vests ant uir of pants from James Towner, was sent up for sic vonths, Jacob H. Whitlock for beating Robert Eldrieh ‘as sent to the city prison for twenty days. Thome ‘arrel for stealing a trunk and clothing, valued at $26 ‘om James Wa'son was sent to the Penitentiary for ® vonths. James Smith was tried for steallng $4 frow shn Weber, was found guilty, and judgment suspendec atil Friday. Joha Stout, for stealing two vests from the clothing store of Jacob Slogan in Water street, was sent to the Penitentiary for six months. Benjamin Hill was tried ‘or stealing 2 pair of shoes from Lathrop Upham, but hir mother aud sister testifying that he was subject to fits of lunucy, was sent to the police otfiee to be ed in the Lunatic Asylum, A black fellow named James O’Moor: was tried jor stealing $20 from another colored man named Wm Johnson, found guilty and sent up for three mouths. United States Marshall's Offie Robbery at Sea.-A ¢ passenger on board thebr etumpka,from Charleston, 5. C., has been arrested, charged with stealing a watch ‘th $40, from the mate, Martin Townsen!. He was ex. ned yesterday, and ordered to give bail or be com- mitted. The penalty for arobbery on the high seas is four times the value of the property stolen, or the thief be committed to prison, at hard labor, till the amount is paid. City Intelligence, Tuna Sroons Rerunseo.—On Monday afternoon, about dusk, a colored woman, who was engaged in cleansing the lower windows of the City Hall, discovered a bundle containing something among the shrubbery near the iron railing, and upon taking it into the Hail the following is found enclosed withia it, and the twel table spoons belonging to the Corporation, that were supposed to have been stolen by Patrick Ward, formerly waiter at the Hall, and who is now in prison on the ‘Thefnote was endorsed, Mr, Rion, City Hall, and val as follows :— 'o Mr. Ruow for Mr. Coors :— 1H: ‘Those things was taken as a hoax; We are sorry that you accuse the wrong person, We will give you the Bames at another time. Patrick is still in confinement awaiting his trial. Hicuway Rowoeny.—Mr. Richard H, Schentley, of this city, was knocked down in Washington street, near the Northern Hotel, on Sunday night, by two men, and while lying prostrate, was robbed of about $60 in bills, on Now Jersey banks, which were enclosed in an old brown pocket wallet. Hes seriously injured, and his recovery considered dou)tful arising from injuries received on the head. Ownens ror § desired by o office :— Butter knives marked J, R. C. G., table spoons marked J.McK.; tea spoons F, P. . and C. ¥., others with wheat sheaf, aud also a mahogany box with brass plate, marked (. H. Tue Usxatonat Menper.—The coroner held an in- quest yesterday on the body of the female child of Joseph and Mary Ann Stratton, who was murdered by the latter on Thursday last, by throwing the infant into a sink in the rear of their dwelling and smothering it. Stratton tes- tified that his wife came to him the day she committed the deed and told him that “ she had made way with the baby” by throwing it into the sink. He blamed her for the act, but finally concluded to keep the matter a secret, and took her to Westchester county. He communicated the fact of the murder to Mr. Samuel Cocks, grocer, corner of Grove and Bedford streets, the following day, and on arriving at Westchester where he took his wife, he was persua- ded to reveal the murder to the public authorities, by Dr. Bayard ofthat county, and finally concluded to do so on Monday last. Me also stated in his evidence that Cocks advised him to keep the murder secret, and take his wife out of town, in order to avoid suspicion. The only cause to which he can attribute the commission ofthe crime was alack of milk to supply it, and a partial illness on the part of his wife for a few days previous to the murder of the child. The jury, after hearing the evidence, including the testimony of Mr. Cocks, returned the following ver- diet That the child Mary Ann Stratton camo to her death by wilful exposure in the sink, on the rear of lot No. 103 Bedford street, on the 7th ins ant, by the mother Elizabeth Stratton, and that Samuel Cocks and the father ofthe child, Joseph Stratton, were accessories after the fact.” On this verdict, the coroner conceived it to be his vounden duty to commit all the parties named, and refused to admit them to bail. Mr. Cocks was immediately brought before the Recor- ler on a writ of habeas corpus, and from the slight char- acter ofthe testimony against him, making him an acces- sory after the foct only, he was a/mitted to bail in the sum of $500. Cuances F. Mere 1, the forger, who was committed » prison in Philadelphia on Monday, by Nelson H. Mil- ser, one of his suretics, was brought to this city yesterday oy Mr. Merritt, another of the sureties, and safely lodged in the city prison. Will he be sentenced now ? Tue Great Trorting Race betw the celebrated horses Ripton and Confidence, two mile heats, with wa sons, for $1000 came off’ yesterday over the Centerville Course, Long Island. ‘The first heat was won by Ripton in 6m. 14} sce., he coming in about four lengths ahead, Phe second by Confidence in 5 m. 27 sec., b Ripton only a neck; and the third was also won by Confidence in om. 37 sec., coming in on the lead about the same distance ‘hat Ripton won the first heat. ‘The time in wagons is un- ecedented, and we believe it is the first race which her of the horses have contended for with a four wheel "They are matched again for a similar stake to so m sulkeys over the same course on Tuesday next. Large sums of money changed hands, as Ripton was the ‘avorite both before and at the start. The best race, mile heats, for a purse in which Fashion, Setsey Baker, and Little Western, were entered, did not some off, as the two former paid forfeit to the latter. note v ilver cha ten Pate ofthe following marks are » Hilliker and King, of the upper police Exrnaorvinary Arrain.—We have the facts con- rected with a most extraordinary case of seduction by a medical gentleman, a married man, of a young \Quakeress in England. The parties are both highly respectable and wealthy. We learn that the doctor has been arrested in this city. IMPROVEMENTS IN THE WearnER.—The last two days have been deliciously cool, and blankets com- fortable at night. Fires were lighted up in Cleave- land, Ohio, last week, to keep the people from free- zing. Very singular, this, for July. Ixpian News.—The St. Augustine News of the 2d inst. says: Halleck-Tustenuggee has returned to Jol. Worth, after an unsuccessful attempt to “bring ia” the Creek Indians. Mutrrary.—The New York City Guards will ar, ive in this city this afternoon at 4 o’clock, and pro- ceed to Castle Garden, where a collation will be provided fer them. Kinp, Cerrarty !—It is stated that Gov. Dorr’s iriends in Providence have made up a purse of $10,- 000 to defray his travelling expenses. in’a tour to Europe. 4 Resumvrion.—We are indebted to Harnden & Co., Adams & Co. and the officer of the Cleopatra, tor files of Eastern papers. Yervow Fever in Havana.—It is said that the ceport of yellow fever in Havana, is without founda- tion. Srrox¢.—Butter in our market. easily. It can lift itself Cnarnam Turarre.—This popular establishment whieh has so long been conducted by Thorne with eminent success, has been leased by Messrs. Ste- vens and Palmer, in whose hands it promises to lose none of its popularity. The bill for this evening is anadmirable one. Mr. Scott appears as Sir Ed- ward Mortimer in the Iron Chest, with other enter- tainments of an interesting character. Court Calendar—This Day. Cinevit Count.—Nos, 104, 76, 77,79, 83, 04, 95, 98, 101, 102, 106, 20, 40, 33, 39, 87, 51, 109, 116, 45, 117, 118, 119, 120, 19, 24, 33, 61,73, $2, 9, 89, 97. Common PLeas.— Nos. 6, 87, 94, 106, 123. pen.—Balthazar Arango y Barbon was yesterday put on his trial for. having secretly, feloniously and maliciously administered poison to Fernando Gai Barbon, late of Gretna, onthe 29th of April las, of which, i “he languished, and langu of May following. This is young man about twenty. , and portessing no t ypearance. had never seen the ro the time it is alleged he poisoned vicious mind in his a deceased but once b him. He then represented himself as knowing some of the jeceased’s relations in Spain, and evinced much friend. ship for him. ‘The jary, after being in their room for several hours re- turned into court with a verdict of * Guilty.—N, O. Picay nine. Stave Travr.—Captair Borden, of the Sally Ann, at this port, from St. Hele has furnished us with a list sarefully compiled by a friend at that place, of the slave vessels and number of slaves captured by H. B. M. vessels of waron the West Coast of Africa, and taken to the island of St. Helena for adjudication, and condemned at that place luring the period from July'3, 1340, to May 6, 1842. 3: cannot but excite surprise and indignation among our eaders in learning of the great extent to which this nefa mus practice is still carried on. The list before us, in jes thirty-two vessels, having on board at the time of heir capture, no loss than five thousand one hundred anc aves. Ofthese, 1736 have died ; 1382 hav: ed to the Cape of Good Hope, 642 to Demara 201 to Trinidad, 198 have been appren. iced at St. Helena, and 1010 remain to be sent, in accor’. nee with their own choice, to the British Colonies, O he thirty-four slavers, 28 were captured under Portu- ueve colors, 2 Brazilian, 1 Monte Video, and 3 English. mong the latter is the Cypher, formerly of Salem, Mass. New Bedford Mercury: Utica, Miss, (Correspondence of the Herald.) Unica, Miss. June 24, 1812. The Herald in Mississippi— Matters and Things in Utica—Relision—- Politics—-Temperance—- Bank rupt Law, &e, . Epvror or THe Herany :— " s Dear Sim i— # long heard the Herald spoken of as the greatest newspaper in creation, curiosity led me the other day to borrow a number from Messrs. Weeks and Mims, in order that I might see for myself; and oh Jehu! what a teat, [found news and tem- perance, religion and agriculture, science and poli- ties, literature and banking, and God knows what. ‘There is hardly asection of our whole broad-spread country, or even of the world, with which you do not seem to communicate; unless it is here in the | ** Cotton State.” Meeting with no correspondent from the Mississippi, has induced me to send to you an item or two coneerning these parts. You must know that Utica 1s a small but pleasant village, in the large county of Hinds—the same in | which the capitol stands—about twenty-five miles from the Ocean river. While the greaternumber of the towns and villages in this State, which sprang up under the magie of the credit system, and threat- ened to contend for the palm with your own imperi- al city, present a dreary and desolate aspect, (many being entirely deserted by man and beast). Utica, ifshe has not gained in the last year or two, holds on firmly at what she was. The people here have not done.¢0 much of a fancy business as their neigh- bors, and are, consequently, in a more healthy con- dition. Weare a temperate sort of people here, in every thing save religion, politics and gossiping. In these they deal somewhat excessively, when ever they take a notion. As to the gossipers, they are cay found among the. ladies—the Lord love ‘em: and tgeiay ae one old gentleman named Billy Up- sher, who acquired the cognomen of the * Utica Telegraph.” The village could in no wise do with- out his serviees, there being no other newspaper in the place. And the ladies, we contend, have a right to do as they please. Our fathers shed their blood, that their posterity might enjoy freedom in its pure and unsophisticated esstnce ; und if theirfairdaugh. ters are tobe debarred from freely speaking their sentiments, about whom they please, then is y dows indeed but a name. ~ In religion the Methodists sweep everything be- fore them. They-have their circuit riders preach- ing in ever, aol and corner of the land, and call- ing home the urchins, and the ‘* dear sweet ladies” to the fold. They held a quarterly mecting here last week, and sent to Rocky Springs for Little Tommy, who is noted for his power in getting up an excitement among this class. Thewld man did his utmost to raise one, and at length an old Afri- can woman, about 70 years old, tumbled over among the crowd, and shouted in a voice as loud as that of the “little preacher” himsel{—* Glory! glory! &c. &e.” This was the signal for all the little girlsto come forward, pushed by their mothers, be tumble down in heaps, and send one loud baby shout, ‘ ‘€ Of politics, we have only to say, the majority here (not throughout the state’ theugh) are whigs; and we think that isenough. Of course they are gene- rous, noble, and without prejudice—never turn off aschoolmaster because he is a democrat, or believes Capt. Tyler is an honest President. No, Mr. tor, any one who has ever been at Utica can in- form you that no such littleness exists in this com- munity, Temperance is taking this State by storm, He must be a bold man who now raises his hand in the cause of drunkenness. Even Governor McNutt, we understand, may frequently be seen sneaking into a grocery at the back door. Hundreds are peeaa te benefit of the Bankrupt Law; and from the lights before us, we are led to believe that many, very many, are thus squating up with the world, with lots of stufl” smuggled into the hands of their friends. We understand it was he boast of Sohn 8. Gooch, who figured as director in the Brandon and Union Banks about the time he took the benefit of it, that he himself was as poor is Jov’s turkey, but he hud a fine rich wife! What 1 fearful source of fraud and corruption is this off spring ot Whiggery. If these lines, Mr. Editor, should be thought worth a place in the Herald, you may perhaps hear from Mississippi again. Very respectfully, Long Branch. [Correspondence of the Herald.] Lona Brancu, (N. J.) July 9, 1842. Life at Long Brauch. Mr. Bennerr— Dear Sir— The locality of the place from which I date my letter, 1 am very sure I need not describe to you ; for not to know this place, is indeed to “argue yourself unknown.” Some few years since, I learn this very pleasant spot was the ‘very glass of fash- ion”—the watering place, par excellence, to which the fair and wealthy from the city of Brotherly Love paid their annual pilgrimage ; but although not so much crowded asin days of yore, the compeny is more select, and in sufficient numbers to put money in the landlord’s purve, and to furnish pleasant wa: of killing the enemy. My visithere was entirely accidental. Having a few days to spare, and wishing most devoutly to es- cape the noise, heat, and glory of the 4th, I counsel- led with some friends as to what place we should flee to. They advised Long Branch, and we went —1 sailing under their convoy. ‘They spoke in glowing terms of the sea bathing—the pure air—the famous living—ithe fish tossed from the embrace of father Neptune into the frying-pan, and brought upon the table “all alive and kicking.” I could scarce- ly eredit all these stories, but I found that one half yet remained unsung. Fear not, my dearsir, that I shall inflict the remaining half upon you this time. You will escape written martyrdom, But “to return to our muttons.” some exceedingly delightful days at this place—the memory of them shall henceforth and forever be marked with white upon my heart—I feel it a duty to spread my tale of enjoyment before your readers, If there are any left in Gotham who ihink it rock, ble that there is enjoyment inany other place than that delightful, sandy, seven-times-heated furnace called Saratoga, to them I speak. Pack up your traps, and let them be neat, not gaudy—rise at a Christian-like hour,so that you can take your break- fast and be on board the very nice little steamer Io- las by 8 o'clock in the morning. Any morning in the ‘week will do, as she leaves Fulton slip every day. By half past 10 you reach the Ocean House In leaving that place, ‘stand not on the order of your going, but goat once,” and you will find stages in readiness to take youat once to Long Branch.— Upon your arrival, if my opinion is worth taking, stop at the bath buildings, kept by an exceedingl Se orece rae of the name of Green, assisted by an old Long Branch man (Lane) and his wife. ‘May their shadows never be less.” At this house I will insure every visitor that they shall ever have at their right hand a table unsurpassed in its variety, cleanliness and service—rooms clean and comfortable—and by night and day a glorious sea breese, as soft and balmy asever blew over Ara- by the blest. _In the way of amusements there are billiards, nine pins, quoits, &c. If the spirit should move perchance a quiet flirtation. Of the latter piece of tun I cannot speak, not having “tried iton.” Yet froma bird’s eye view I took of the visitors at the Bath Buildings, I should deem such a thing not im- ible. Whether it consummation devout- tobe wished,” I leave for others to judge. 1f they please themselves they will me. Yet should any gallant, gay Lotharios be moved by my touch- ing epistle to leave the city and come to these An- tiles, vart and terrible, in search of health or fun, or both, to them I would say, not precisely, but neat enough to answer tny purpose, inthe words of Car- dinal Wolsey— Remember, O, Cromwell, "twas ambition Made the angels fall. Let all the ends thou aimest at Be justice and thy country’s good. Croyez moi sincerement, Votre devoire, ALIGAtOR. i. WL. He Nate ‘The Natchez Daily Courier takes notice of a somewhat remarkable coincidence between the terrible tornado at that place, and the recent destrue- tive earthquake at St. Domingo. ' After the last named ca- tastrophe a person alive was out of the ruins, who had lived fiteen days under a bed of wall. After the tornado of 40a living person was dug out from the Natchez ruins under the hill, who had been buried alive eight days. He fully recovered, being not dangerously hurt. Itis a singular goincidence that the tornado and the St. Domi arthquake both occurred on the same day of he some month—the 7th of M rupts, SOUTHERN DISTRICT OF NEW YORK. Royal Gurley, in his individual capacity, and as one of he late firm of Burton & Gurley, New York, Septem- ver 1. James C. Willet, grocer, New York, September 1. Bushrot Waller, clerk, New York, September 1. Samuel King, brickmaker, Coxsackie, (involuntary on vetition of Mastin Marshall,) August 6. ’ wa! BY THE SOUTHERN MAIL. - Washington [Correspondence of the Herald.) Wasuixerox, Monday, 3 o'clock godt the Senatesthe Indian uppropriation bill passed and gome proceedings of a New York meeting, | owas the blame of the existing confusion in our j tegi n from Congress on the President, were re- | ‘erred to the Committee on Printing. There was a war speech by Mr. Allen in the | Mate upon the late Mexican letter, which branched into some belligerent passages against Great Britain. \n inquiry was voted regarding what course had been taken with reference to the subject. At about | one the Senate went into Executive Session. tn the House, after reading the Journal, Mr. In- ‘soll reported a bill changing the time for holding \ the United States Court at Willamsport, Penpsyl- | vaaia; after which, the reyenue bill was proceeded with in its previously preseribed course. ‘The prospect of Mr. Tyler’s re-election becomes stronger every day. There sre at present but four prominent persons before the people from whom to make achoice. Mr, Buchanan prone toward Mr. | Calhoun, and is anxious to support him in preference to Mr, Van Buren, while Mr Calhoun himself pre- fers Mr. Tyler to Vau Buren, and in the event of the little magician being placed upon the tieket by the national convention, the State Rights men of the South will go en masse for the Captain, Virginia cannot repudiate his patriotic course, and deny to one of the chosen sons the high meed of approba- } tion which it has been her pride to confer. Georgia has no Clay party in principle, and the absurdity of aeocmine nin aie doctrines they are opposed, cannot for a moment be entertained as promising suecess, John Tyler is the union of all parties there. Indeed, every where his stock is going up—if any one would invest, now is the time or never. The ‘ople are coming te the rescue, and will support fim who has thrown himself between them and the high-handed measures of the whig vary: is there no gratitude felt for the Bank veto? Benton may | be mute and heedless of what Mr Tyler has done, but the rank and file of his army look less to the general who has taught them strategy than to the brave and intripid soldier that leads them to victory. A sound currency was the war cry, and the response at the White House consummated it. Could a Ben- ton have done more? Then where is the magnan- imity that prevents anacknowledgment, at the right quarter, of what seemed to have absorbed his every effort to accomplish ? Baitimore, [Correspondence of the Herald.] Baxtrsore, July 12, 1842. Mr. Epitor— ‘The Independent Blues’ Band, Captain James M. Deems, willaccompany the Cadets to Boston, on the first of next month. This is one among the finest bands our country affords. Mr. Deoms, its leader, recently spent two or more years in Germany, where he repaired for the ex- press purpose of perfecting his knowledge in the science of music, He is a gentleman of extraordinary musical talent, has composed many beautiful pieces, and performs on the Cornopian better probably than any other man in America. The 3and numbers in all about eighteen mem- bers. Agrand Military Concert is to be given at the Assembly Rooms on Friday evening next. It promises to be one of the most magnificent musical entertainments we have had for many years. A large number of tickets have already been disposed of. The great license case is to be argued in the City Court on Thursday next. It will be heard with great interest.— The ablest counsel have been engaged on both sides. The American Life Insurance and Trust Company of this city, has made an assignment for the benefft of its ere- ditors. The train of cars from Frederick did not arrive until 9 o'clock last night. J have just been informed that a severe accident happened. They were thrown off the track by somemeans, causing the death of a fireman, injuring others and producing variousdamages. 1 have notobtained the particulars. I know not the precise place where the ac- cident happened or what is its fullest extent. Our markets continue dull and without much variation in the prices of articles. There are no regular rates for out-town money. ‘The brokers are not deing business.— ‘The weather continues cool and pleasant. ‘ours, Ropenick. Philadelphia, [Correspondence of the Herald.] Punapecria, July 12, 1942. have had yesterday and to-day two of the most plea. sant days of the season, It is warm without being hot w As a consequence, after so much wet weather, the domes- ic trade of the dull season of ourcity, is somewhat more animated, though still very little is doing, and prices re- main much the same as at last quotations. There is quite a row, riot, &c. at Pottsville at the pre- sent time, the consequence of a strike by the miners. The military were ordered out, but turned in ogain without hurting any one. The price of labor is the cause of the jufficulty, but as to the real merits of the difficulty I am not advised. Coal is low, and as a consequence the prict pikory will haveto come down in proportion, as will freight, &e. Reading Railroad Company are about to reduce the price of treight something 033 1-3 per cent from the rates hitherto charged, which have been $1 50 oe ton from Pottsville and Schuylkill Haven. his will bring the cost of transportation as low, if not lower, than that of shipment by the Schny]kill Navigation Company, and the low price of freight by both companies will operat. to the advantage of both consumer and miner; to the con. sumer by the diminished cost of the article between him and the miner, andto the latter by the increased consump- tion and consequent demand thereby created for it. The Tax Billin our legislature, by which it was pro- posed to raise money to pay the interest on the State debt tor the future, if not for the present year, has been lost in the Senate by the decisive vote of 24to7. In what now does Pennsylvania differ from Mississippi? No interest will be paid this year, and I seriously doubt ifever. The latest news from Harrisburgh wa the bill abolishing the Court of General Sessions would not pas: the legislature, to say nothing of the Governor’s veto. The Arch Street Theatre last night was well filled an‘ the comedy of “ Money” well played. Burton, Conner, Richings, Mrs. Sefton and Miss Porter all acquitted them: selves well. Burton's “ Graves” kept the house in a con- tinued roar of laughter. Mrs. Sefton takes a benefit to- morrow night eats to playing an engagement at the Bowery. She will be welcome back again as soon as ‘ou can spare her. In the meantime her benefit will not be forgotten Wednesday night. Pretty good house at the Walnut. Elssler is here. Stocks were very dull to-cay. Navication.—The Ohio had eight feet of water in the channel at Pittsburg last Friday, and the Cum- berland was in good boating order on the 28th ult. Tuoveutrur.—Every beat of the heart is a rap on the door of the tomb. §g HAIR CUTTING—CLIREHUGH’S NEW SYS- TEM ot cutting gentlemen’s hair, is a desideratum by which its luxuriance and beauty is rendered truly orna- mental. Thedesign and exccution differ entirely from the usual practice of hair cutting adopted here, ae alsothe expedition and gentleness with which the operation is performed. ‘The first artists in London and Paris have ac- nowledged its utility and adopt it in their practice. By the beau monde it has been «denominated a scientific ari and whether for the Pulpit, the Bar, the Senate or the Stage, its elegant and classic arrangements will add dig- 1d grace to the whole contour of fa tele Humaine patronage already extended to him since th duction of Ais system, and i nounced by all who have chan; the magic of hisftouch, induces him men w ments of fashion, to place their hair under his charge, as- sured that one trial will prove his superiority over all other competitors. Gallery of Fashion, 205 Broadway. 0G FEVER AND AGUE.—Dr. Sherman’s Fever and Ague Lozenges cured 47 cases last week in the city of New York. It is thought to be impossible for his Lozenges to fail, and what is more astonishing the chills never re- turn, being broken by them. Dr. Sherman’s warehouse is beg Nassau sireet ; Agent, 3 Ledger Buildings, Philadel phi. ONE VICTIM SAVED !—The College of Medi- cing Pharmacy sre now daily in the rec of the to invite all gentle 10 either study personal appearance or the allure- most gratifying letters descriptive of the remedial effect Of thelr medicines. The following (the original of which may be seen at the Principal office,) an affecting and interesting case :— “ Gentlemen—I proj to lay before ol the case of “*, aged 19 years, of delicate constitution, and bilious temperament. In consequence of a disagreeable com- plaint which he contracted nine months ago, he had be- come much reduced, and for fifteen days was confined to bed, before he ured a bottle of your Tons Mixture, After the first he was able to sit and is now rapidly regaining iar og July 11, 1842. . The Toxic Mixture, and other preparations of the College, may be had at the Principal Oifice, and of the sub agents in the city and country; the appropriate re- every luna fuentes’ 4 W. 8. RICHARDSON. Agent. Principal Office of the College, 97 Nassau st. A GENTLEMAN FROM RICHMOND, VIR- GINTA, well known in that Stete, now at the Astor Honse in this city, has left his name with permission that it may be referred to verbally, though he objects to having it op- pear in the papers. He says he has for along time sought articles used for the hats, but has found nothing for this purpose equal to the Balm of Columbia, from Comstock & Co's 71 Maider Jane. He thinks it the most imporiant and valuable arti- le ever discovered to keep the hair jn its place, and give ta rich softness and gloss, causing it te curl beautifully. He is but confirming the often expressed opinions of housands of others, who testify not only to this, but alo that it will absolutely stay the hair and prevent ite falling vat, or restore iton Hald places. ‘This Virginia gentlemay: cannot testify to its restorative qi ‘ier, as hia has re mained full and thick, and he has no risk of becoming bald—at lenst as long as he continues the use of the balm, ich he buys now by the pack Be sure you get fh above, and with the name of Comstock & Co. on it | or you will get the counterfeit, upfor three hours, Lam yours, ke, IDDLEBROOK, = Sg- OF ALL THE MEDICINES THAT EVER roo ape pd for purifying, cleansing been ‘found e an the joarhound comer manufactured by J. Pease & Son, 46 vi - The extensive circulation of this Candy ‘as rendered its name. to all classes of men; but hg ope haif its virtues have never been published. ‘The pinions of clergymen who have proved its virtues by ‘sing it, will be found im their certificates. Members of he bar suffering from disweses of the lungs, also from dis- ig from an impure state of the blood, have cer- tified to its worth. Certificates are enough to convince ray person that the ingredients in its composition are sure snd speedy in their operations—that they are selected with are and compounded with skill by the manufacturers, cad a8 it has been tried by persons in all climaces and ali parts of the world, the fact is considered established be- yond the possivility of a doubt, that Pease’s Candy stands ‘mequalled and alone. We knew the above statements to be facts, from the fact of the benefits we received from using it, and from what we have heard from others who egiven itatrial We therefore say to all suffering, go 45 Division street, and get their Ho: hound Candy —it operates surely and rapidly” They have agents at §7 Dock street, Philadelphia, State street, Al bany; 8 State street, Boston; 26 St. Charles st. New Or- jeans, and at Louisville, Ky. ONE THOUSAND DOLLARS.—On another poge of this paper will be found an advertisement headed kn Extrabrdinary Case.” As some. doubts have been manifested as to the truth of the statement contained in publicatien, I hereby offer to bear the expenses of entleman from New York to Buffalo and back, eon- im to the residenceof the boy, pay him ten dollars x y vey day for his time, and give him one thousand dollars, if he will prove that ‘the statement js not tric in every particu: ar. ‘Any nm desirous of testing the matter can, by ing on Mr. Wm. Burger, 60 Courtlandt street, recsive satisfactory assurances that the money will be rai C. C. BRISTOL, Buifalo. 09+ BENJAMIN DAVIS, Esq., was on Sunda: elected as Sexton inithe Elm street Synagogue, the and Sexton. Abilities will match. (g- THE NEW YORK MUSEUM I$ UNRIVALLED for attraction,no establishment can compete with it,for we have the ten thousand curiosities of the place, besides that unrivalled instrument the orchestra, which combines in itself the sweetest and most powerful elements of melody. {n addition, Mr. Johnson gives his very interesting exper- iments in Animal M with new subjects, and we think they must be conclusive to every one who witnesses m, that this great phenomena actually exists, and won- y May appear,they are calculated to convince tical. Exhibitions (private at 11 o'clock) and at half past eight. The orchestrion and bali past 7. GLORY ENOUGH FOR ONE DAY.—Barnum of tho American Muscum has opened his heart and purse for the relief of the Washington Temperance Benevolent Society. He gives them a benefit this day and evening. ‘Three or four performances will be given by the whole talented company engaged there, also by numerous vo- lunteers. Sandy Welch will give several of his unique temperance speeches and songs. The whole museum will bedecurated with temperance and American flags, ban- ners and devices; the Brass Band will enliven the scene with appropriate airs; balloons will agcend from the Mu- eum at intervals during the day, ¢ balloons, with fireworks attached, will go up from the Garden in the evening. Many friends of temperance will attend from Brooklyn, Newark, Williamsburgh, and other towns. On the whole, this will be the most glorious time ever had 8 for the benefit of a glorious uis fellow, and to-night he can exclaim, as he count. out the chink to the poor Washingtoniarf’, that he has had glory enough forone day. A good evidence that Barnum is. regular cold water man, is found in the fact that he is about erecting a splendid fountain in the Garden on the top of the Museum, to be supplied with Croton water. last der performs at ll, 2 {G+ CHATHAM THEATRE—The “bill of fare” for this evening isone of the richest of the season, Colman’s beautiful play of the Iron Chest being performed, with J: R. Scott as Sir Edward Mortimer, and the ether principal characters entrusted to Messrs. Hield, W. Jones, Stevens, ©. Mestayer, and Mrs. Hield. In addition to which the drama of Infanticide, or the Bohemia Mother, is pertorm- ed, and the dramatic sketch of La Perouse, in which Wood and his fon appear, will terminate the performance. City Despatch Post, 46 Wuuiam Staset. Princiea. Orrice.—Letters deposited before half 4, halfpast 12, and half past 3 o’clock, will be sent out for lelivery at 9, 1, and 4 o'clock. Braxcn Orrices.—Letters deposited before 7,11, and 2 Yelock, will be sent out for delivery at 9, 1, and 4 o’clock. ALEX. M. GREIG, Agent. MONEY MARKET, Tuesday, July U—6 P.M. The Stock market wos generally very heavy to-day. — Harlem Railroad improved 1}; Farmer’s Loan ]; Mohawk ell} ; New York State 7’s fell }. All State stocks are very heavy. Ohio and Kentucky stocks, which are next in character to Massachusetts and New York, have been offered 10 per cent under the rates at which the last sales were made. New York State 6’s are selling at 91, with downward tendency. ‘The imme- liate cause of this feeling, is undoubtedly the state of the affairs of the government, and the expesure of the hollow aature of the British embassy, which ought of itself to be cesented as an additional insult tothe country, notwith- sanding that unprincipled newspapers have come out bolilly for surrendering to Great Britain all (hat she claims. Do these truckling traitors imagine that they can pur- “hase peace from a grasping power by such dishonorable concessions? or are they prepared, being smitten upon me cheek, to turn the otheralso? ‘The disputed territory of Maine being given up, the Oregon territory must fol- ow, the right of search succeed, and new claims follow. +d up by new concessions until the independence of the States is subverted altogether, and Lord Ashburton, er some other titled stock-jobber, returns with vice regal vowers, to exert that authority which was cast off by our athers. The world is yet too young for such non-resist-~ ng policy. The idea of settlement by en interchange of erritory is absurd. A fundamental principle of the Sritish Government is, that Englishmen cannot denationa ize themselves. No power therefore exists by which sither Frederickton or any other portion of British terri- cory can be ceded to a foreign power. The same difficulty sxistson the part of the U. States. The proposition to vay for the land is an admission that it is ours already.— What American will submit to be compelled to sell his tellow citizens toa foreign power, or to scll their land rom under them ? Tho notes of the Bank of Buffalo, which have been at par for some time have becn thrown out. This isin con- © sequence of the Comtroller having stopped redeeming hem at Albany—he having ascertained that a much great” *t amount of notes had already been presented for redemp- ion than the books of the institution accounted for, or were certified by the Commissioners. ‘The amount certi- ‘ied was, we believe $285,000, and over $350,000 havo al- ceady been redeemed, and it has been ascertained that over 360,000 more are still afloat. The following wasthe condition of the New Orleans Ges Bank, July 4:— Circulation of this institution, . Depasites, . 7,970 32 Specie, . 1,944 41 Locsl Bai see 2149 ‘Whe Bank of Bennington exploded last year, involving many of ourcitizens in serious leases. ‘That concern is sow in the hands of N. H. Botturm and Henry Robinson, Esqre., as receivers, Can these gentlemen give us the 1ames of those brokers in Wall street, through whom these bills were forced into circulation? The President of the Bank, it is stated, was deceived and imposed upon, but the public have nothing to do with that ; if the “biter sot bit,” he must abide by it. The publie have a right to now the parties through whom this illegal paper was hrust upon the market ix the first instance. Westated afew days sinc2, the Harlem company had made an assignment of its personal property, The instru- ment is dated June 11, 1842. The cars, engines, and all sther goods and ehattels are assigned in consideration of one dollar toA. G.Thompaon, John Ward, and George Barker, to secure the payment of $14,000 in four equal monthly instalments of $3,600 each, ‘The first payment to take place on the 13th July instant. The Banks of Virginia begin to think, it seems, that suspension will not be profitable to them much longer, and they consequently hold a meeting to-day, at Rich- mond, to take into consideration the expediency’ of imme. diate resumption. This of course, will result, as in all such cases, ina trial of strength between the Banks that are able to pay, and those that are unable to pay their debts,—the strongest party will prev: The probabili- ty is that the insolvents have the majority in Virginia. The (interest on the debt of the State of Pennsylva- nia is due on the Ist proximo, and will not be paid. The Legislature have parsed a bill to the following effect :—It authorizes the Governor to borrow at six percent for se ven years, the sum of $870,000, to pay interest falling due in August; but should he not be able to borrow the money, ‘hen the Auditor General is authorised to issue certificates of State Stock to be given to persons entitled te interest, to the amount thereof, The Governor is further authorised *o sell the stocks owned by the Commonwealth, if they bring a sum which at five per cent interest would equal she dividends on the same for 1841, and if they cannot be cold within sixty days at par, then the Governor is eutho- ised to exchange ony of the Bank, Bridge or Turnpike stocks at par, for certificates of State Stock at par. ‘This is tantamount to fuilure. It is not expected that he State can borrow the money and as to paying the stock- tolderstheir interest due in a new six per cent stocks, the hing ix ridiculous. The five per cent stock of the State # celling at 35 per cest, an equivalent or the 6 per cent tock would be 42, Consequently apereon holding say 520,000 of 5 per cent to whom $1000 of interests is due vould receive stock worth but $420, which is 2.1 per cent ‘nu bis capital of $20,000. ‘Thus, while the State actually epudiates nearly 3 per cent of its dobt, its nominal liabili- are increasing in the proportion of compound interest. che matter will be an utter failure however, and is proba: