The New York Herald Newspaper, January 20, 1844, Page 2

NEW YORK HERALD. |,,2# Ces owner: —We onderand dat he] te tos error aeLaght Company eli “Kgodoopedbed (Comaonas BY THE SOUTHERN MAIL. 4 * | friends of General Cass asa candidute before the ee the How York Gas #t Company applied The 4 i “ W, 18th January, 1844. ‘09 No mail received south of Philadelphia, last New verk, Saturday, January 20.1544, | Baltimore Convention, have made arrangements to peppered: merge nce ape ent Aimed New. You ety tibtereare ae oon hureday Morning. 3 night. = hold a g eat popular meeting in Fammany Hall on} grant. Amongst others,that it would are tly promote | OP. T at tt Rb te then o beensiial nd spaciow | yes G. Bennett, Esq. — ———_—_— ae fe Saeers oo ene the 6th of Febroary next. We believe that their | thepublic comfort and convenience ;t ai toettect this bate perusal._of the pee previ te saa a eal Sete of Stocks a8 peneastyhs ern; era regulecly, cay havo tt fet application for the use of the hall is now before oe iriglengeod marae 2 congas ee ion | sonal wegnaintance with a pombe the gentle. | Ay itis not likely any results of Executive doing: | » do Planters’ Bank, Tenn. 68; 13.40 Girard bent, cash, ER & CO. Agents, that they will dare to refuse such @ request to hol Monopolies ought meverto be conceded, because | op), oy : having on wevious occasions distinguish- | 2 P.M.) I will say now, that it is expecte p 3; ings, 31 wad Chestuitst. | a meeting in favor of one who is just as good a! they always confer wealth upon the favored iadi: a themesiseatore ee an early hone peathaded 10: Pibiaittetil go into executive session to-day, and 9 9 Une Steam Sir Britannia, with advices from Li-| democrat es Mr. Van Buren. Viausles oo tho. IRIGY "Gr, the coenaunnd, ara the scene of uction. We entered the apartment at | tha Mesors, Porter and Spencer's case willbe acted Bechn, Jan: te iphia “Bank, verpool, to the Ath instent, iw fully due ut Beaton. | At this meeting, John McKeon, and others, will | companies, ia order to-obtain exclusive privileges, | 2¢Ve8 o'clock, and although the exercises were nol | 0 oor both, 1903 do Mechanicy Bank, 264, $810 Wilmington, RRO, ‘We may expect her news to-morrow or next day. | make speeches, and come out strongly in favor of | usually as-ume so, much disinterectedness and par rie marca Sein _— smcis clready filled witb | Tp laaac Hill's rejection esterday, he had more hp ooh: gram bogs ar oi Se cores os the nomination of Gen, Cass, a third man, in pre-| "1otism, that Lequmassroetiy quently hecowye pes | the literati and fashion of our city. The chapel, | votes in his favor (some of which 1 know were | Western Bank, 46}:10 do Moyamensing Bank, 38); 6 do Nominations before the Senate—Confuston | ¢.4 06 10 Van Buren and any others, and as the | aod Hise tap lato invents pave fat orized an ever 1 which is by far the most beautiful in our city, being | whigs) than Mr. Henshaw. I have reasen to be- Pennsylvania Bank, 243; 26 do Farmers’ sod. Mechanics of Parties. oat-fi ; wrt mous public evil, instead of adding to its welfare. | (144 in its green attire, presented a most picturesque | lieve it was by no means a party vote. Bank, 414; $2000 Chesapeake and Delaware 6's, 1966, 44- i es : __ | best fitted to unite the suffrages of the great demo-| This, I believe, has been found to be the case The hi length arrives, and while Laren. is now said that neither Porter nor _ The confusion existing among the various PT cratic party throughout the country. We don’t| ever since thy above Company was chartered, and | (fe ‘well known Dodworth-bund are performing, in | Spencer's ease will be acted on to-day—that Por- LaTEer THERN SHIP NEWS. ties and factions at Washington, seems to inerease | ow what success may crown, John’s efforts: in therefore,such chartertoug of cance, te have Dent their best manner ; the overture to ‘Zampa,” the | ter’s case is very doubtful—bets being about even— Gancesron: Jee. Ties inion Menenas IN York with every additional rejection of those that have YR ip Bat if th f ds hi long since cancelled. Cancelled itno he ate aie ra ten, themselves upon the ‘stage. | and that Spencer will be hung up to compel him to} New Area ‘Ate Chon Parkin Lis 1; Gen been nominated by the President. It would really re eres ie oe. dang FOme RARE ree] Oey bead, A) Tenors orn ee he fapeen he Lene’ ‘This finished, the Rev. K. C. followed with | resign, which he will not do, as I have before ap- | Harrison, Moore, Boston; Husterill Come hems war : ;| labors in this cause, as rewarded him in his penny | to suffered, had represented the facts to the Legis- | "peautiful, feeling and uppropriate prayer. He | prised you. Very likely Porter’s case will be acted | **% Herbest, Charleston, juke, uppear that the two factions are at present engaged | invitations of Dan O'Connell, the big beggurman of | ‘ture. But what. is everybody's business is no | Was followed by Henjamin F. olterail, President | on to-morrow. pk ima race, as to which shull be the mostready and Ireland, in the repeal movements here, Mr. John body's, and therefore the enormity has for many | oF the society ; this gentleman’s address was of a Of course, you will notice how svalbemy the SICK HEADACH! rdial es, C the most willing, and the most determined to expi- ate the gross deceptions which have been practised uoon the President during the last two years — Avnid the confusion of this melée, it is almost im- possible yet to see very clearly. The rejection of Henshaw and Hill, from New England, would seem to betokena general rejection of all those nominated last year for places in Boston and other places in that section of the country.— With respect to New York, we believe that a num- ber of nominations are now before the Senate con- nected with the Custom Hoyse here, and that a whole host of friends of the “ conservative” inte- rest, by whom these nominations were procured from the President, are now in Washington endea- voriag to “lobby” these appointments through Whether they will pass, from their very insignifi- eance, we know not. But it is very curious to see from every quarter how the evidence accumulates, showing what strange, amusing and singular decep- tions have been practised on the President by the various factions in this city during the last year or two. We have now a piece of evidence coroborative of our previous statement with respect to the very amusing literary scheme for humbugging the Presi- dent. It consists of the following cara just received from the publishers of the Democratic Review. Yo tHe Epiton or THe New Yorw Henaty:— ees In your paper of this morning, in referring to the cir. cumstances of the appearance of a portrait of Mr. ‘Tyler, wich an accompaayiug biographical notice, in the Demo: cratic Review of November 1342, you state them in such @ mode as to connect this work in some degree with the intrigue of which you represent Mr. Tyler to have been the victim for the distribution of certain ottices in this city. You say suustuntially that “after a great deal of ne- gotiation and persuasion, and finally an expense ot some $290,” the cousent of the “managers of that Review, who &re thorough democrats,” was obtained for its publication this matier has bern the subject of a great deal of mis- Pepresentation, permit us to take advantage of this occa sion to state the true facts of the case, once for all. if any of the intrigues you mention, to persuade Mr. ‘Tyler that the Democratic Party was to be won over to his Support,through ihe agency of the individuals conducting those intrigues. we avither knew nur know any thing A portrait of Mr Tyler was admitted in 9 the Review, in his capacity as President, as the author of his vetoes, and @s:the object of the then recent unpatriotic insult at the Ashburtoa dinner. A natural curiosity to possess the por: trait of a public man,whom events placed in so prominent @ position belo. the country, was presume’ to exist on the part of our subscribers, making it acceptable even to those luast dispose! to frarernize, politically ‘with him or is. These reasons tor its admission were distinctly thetime The actual expense of the engraving ed by some of his friends, amounting to little more than hali the amount stated to yon by your inform ant. The agreement on the subject was simply that they should procure asuiticient number of subscribers to the Review to cover that expense; a legitimate mode of the extension of a subscription list frequently employed One of these friends was, indeed, permitied, on his own Fequest, to prepare a biographical sketch ; but it was not almittted into the pages of the Review without an ac- companying editorial disclaimer of responsibility for it, or coincidence with its views—a disclaimer so decided as to have been seriously complained of as unjust and harsh — “For Mr. Tyler’s recent imporiant vetoes,” was a portion of its language, “we sincerely thank and honor him—at the same time that we teel bound to say, that the general Cunss of his administration has, by no means, been what we hoped, at the outset, it might possibly be. He leaves us yet in no slight deg-er of doubt as to the spirit in which his course has had its origin and stimulus — Contidence is a plant of slow growth sometimes, in other also than aged bosoms. If Mr. Tyler hes now done well for one year, he had before done very ill forten If his recent deserts have been great, great also was all he had to atone for,” &e If (as we ‘have since heard it credibly reported, Tyler was made to believe that the Democratic Ri was wither won, or to be won, to his interest, we vemark that he must have been very easy ter such unequivocal evidence, both of Of any extraneous influence, end of its especial, of him, as he might have read in ubundance in its pages. Very respectfully. yours, ‘Tue Pus.isnens of tHe D. R. Januery 18th, 1844. Tt will be seen from this important card thatevery material allegation made by us in regard to the practices of the conservative cligue of this city, for the purpose of deceiving the President is suffi- ciently and fally made out. It ‘s, indeed, true that the expense of the engraving was over-estimated— that it cost only about the half of the sum stated— $250. But then it is to be perceived that there was an agreement on the part of the conductors of this funny, political, literary intrigue, that they should procure a certain number of additional subscribers to the Review—thus probably making fully up the sum mentioned by us. It is also true that the pub- lishers disclaim all connection with this amusing piece of charlatanism, of which the President was the victim, and even accompanied this very engra- ving with their veto, but still the card proves con- clusively the perfect accuracy of our general histo- tical statement of the mode and manner in which that particular cligue procured the nominations from the President of the United States. So much for this business. Before these nominations for New York be con- firmed by the Senate, there will no doubt be a ri- gid examination into their merits, and if on due consideration, they are found worthy of confirma- tion, let tnem be confirmed. But if they should be rejected, we are perfectly satisfied from what we know of these things, and from what we see, and from the evidence we now furnish, that it will on- ly be a merited condemnation of the gross decep- tions which have been practised upon the Presi- deat of the United States by certain cligucs in this city during the last two years. Thus it will be seen that the movements now going on at Washington, in Executive session, are of a most singular and interesting character, and that between the conflict now raging between the two parties,those who have deceived the President, havea fair prospect of receiving a pretty full measure of punishment for thei And whilst the ¢ ceiversthus get their share,the two corrupt factions will also, we doubt not, be reduced ultimately to a condition very closely resembling that of the two ce- lebrated Kilkenny cats,w!.o ate each other up, all to the tails. Itreally would appear to us,that the whole of the cliques and factions and parties at Wash- ington and elsewhere are now engaged in a move- ment that will exercise a most beneficial effectjand out of which the reputation and the patriotism of John Tyler will loom forth, more brilliant and more imposing than any one now conceives. From the commencement of his administration up to the present day, we have had but one opinion of the best policy tha, he ought to have pursued. As soon as the death of General Harrison was an- nounced—as soon as he reached Washington, Mr Tyler should have dismissed the whole of his cabi net, from top to bottom, and also all his principal office holders throughout the country. If he had with an iron resolution to do his ‘onduet. thus commenced duty, on high moral considerations—if he had been less an ainiable and benevolent man—he would not have had the trouble, and the difficulty, and the deception to contend with that he hashad to en- counter during the last two or three years. By wanting, or by failing to exercise, the firmness and sagacity which now begin to manifest themselves in his conduct, Mr. Tyler has been made the sport of both factions. But we trust that as matters pro- gress at Washington, the ambition and the gelfish- ness and the folly of botn parties will contribute to place his talents, motives, and intentions in the arest light very day now will bring very important intelli gence from Washington. The progress of this new movement against the nominations will be watch- ed with an intensity of interest not paralleled since th ion. As usual, we shall have the first and best information. McKeon will come out rather worse than second best, and eventually do more harm than good to the cause he has espoused. It certainly would seem, however, that this Cass movement in other Mr. Van | Buren already begins tc exhibit alarm, and has gone to Albany ostensibly for the purpose of at” | tending a cattle show and superintending some agricultural improvements. Well, according to all | appearances, he will have plenty of spare time next year to attend to his agricultural studies, embracing For, it is perfectly evident now, that if nominated by the Baltimore Convention, the friends ot Cass and Cal- houn, and all the other straggling candidates throughout the country, will unite their forces and elements, and endeavor to organize a convention on the 4th of July in Philadelphia, thus dividing hands promizes to be very formidable. also the culture of his cabbage garden, the democracy so completely, us to render the election of Mr. Clay a matter very easily effected. Visrrors To THE PrinceTon.—We are requested to state that the U. S. steamer Princeton will be moved off the Battery on Monday, the 22d instant, where she will remain on that and the following day, for the purpose of giving the public an oppor- tunity of visiting her; and for the further accom- modation of those who may wish to go on board, a steamboat will leave the foot of Barclay street for the shipevery half hour, from ten o’clock until four in the afternoon. There is one fact about this fine vessel that ought to be every where known. Before she was built her cost was estimated at $210,000, and that sum was appropriated for her construction; but instead of running up to that point, Capt. Stockton finished her for service at a cost of only $175,000. We give this fact for its rarity. Seldom isa vessel, or a house, or anything else, built within the estima- ted cost thereot. Cuanity First.—Dr. Cunningham, who came here from Scotland on a charitable excursion, has, it is said, collected over $3000 in New York, and a large amountin Philadelphia. Pennsylvania i> moral enough to cheat her creditors in Europe out of their interest, but is pious enough to build churches in Scotland. FasutonaB.e Freaxs.—Several of the papers are telling some queer stories of the freaks of Viscount Bertrand, and a few choice spirits, with whom he dines and drinks wine. If one half is true, then they can give five to an opponent and beat him at nine pins. New Post Orrice.—It will be perceived from an advertisement in our columns, that a new post office has been established in this city, on the principles contended for by the “Letter Mail Com- pany,”’ to whose argument on the constitutionality of the Post Office Department, we adverted to the other day. This certainly promises to be a formi- dable rival to Mr. Wicklifle Dr. Dewey’s Lecture Last NiGuT was attended by a highly respectable and numerous audience.— We gave a report of it when first delivered. The remarks of the Doctor on the newspaper press ex- cited a good deal of feeling in the audience, They will turnish the text for some observations anon. New York Vocat Sociery.—This Society gave their first concert at Washington Hall last evening. {t was very well attended. The execution of s veral of the madrigals was highly creditable. This society promises well, and will doubtless do much to promote the scientific cultivation of vocal mu- sic. Amateurs ON THE FLUTE.—Mr. Barton, a dis- tinguished pupil of Nicholson the incomparable utist, has arrived in this city, and announces his intention of receiving pupils. Mr. Barton isa great artist, and a very excellent teacher. See his ud- verusement. Supreme Court Terms. The city of New York seems to be distined to every kind of attack on her prosperity by rival States and peity politicians. Boston assails her with her railroads and packet lines, and Albany, which, as a city, must dwindle and come to no- thing when our internal improvements are com- plete, is now laboring to sustain her land jobbers and speculators by endeavoring to add ‘to her artificial value, by perpetrating a gross injury and injustice on the city of New York. A Mr. Allen, in the lower house announces his intention to bring in a bill to fix all the terms of the Supreme Court, at Albany—a very desirable thing, ao doubt, for that city, but a great outrage to the rest of the State, and e-pecially to the city of New York. Does Mr. umount and value, iti trom the city of New York ? sums to his learned counsel in New York, to ‘im for Weeks in Albany ? ily the pla ommercial community, case from ils commencement Tals pro; 3 been ul vy Many successive sessions of the nd uoitorm: ~elings of U us they alway: »ple of this city were found to be, ill be, deadly hostile to it It is now however said, that the Chancellor and Because it di- uinishes their labor and expense, Have not their Judges are in favor of it. Why? salaries been already raised on this account? Are they ready to abandon one third of what they at It they are, now the advocates present receive ? tor a measure tending to inc burthens of the people of the which are already five fold those of the rest of the ase the pecuniary State, they may rely upon it that a proper clause ov law to reduce their salaries must be the inevita- ble consequence. So say the Meecuants or New York. Amusements. Cuatnam.—Of allthe places of amusement in the town, the Chatham theatre takes the lead to- night. For the last time, the King of the Mist will be performed. ‘The receipts of the night are appropriated to the especial b ¢ Manager, to whom the public is endless series of novelties he has on A fair candidate lor favor, yliss Emily Ayscough, trom the London theatres, who pos in an eminent degree the recommendations of sre 'y and vo rance before an American . She takes the character of Amelia, in the drama of the Inch Cape Bell, in which she introduces @ variety of songs, &c. The Serenaders and Diamond all perform. THERE ARE SPLENDID PERFORMANCES this after- noon at 8 o’clock at the American Museum, by Dr. Valentine, the most eccentric genius living. and Madme Checkeni, the celebrated pantomimists; Great Western, the greatest extravagansist living; H. G. Sher: man, the uneqnalled ballad singer; T. G. Booth, the un rivalled comic vocalist; and La Petite Cerito, the charming lansense, making the best combina‘ion of talent i 4 The same entertainment will be repea vning. The Albino Boys are universally rega at curiosity, and one of the most astonishing The family of wandering Gypsies remai be seen at all hours of the day and evening; and fortune teller, may be con produced during the d carding past, present, and future events, from 9 o'clock in | the morning till 10 in the,evening Allea know that four-fifths in ra in that court, comes 1 Does he know that the New York merchant has intelligence enough to guide his counsel, freauently on doubtful points of commercial law and usage, much to the benefit of voth bar and bench? Dves he know that it ir 1 very essential part of the merchant’s busiuess, in vases sometimes involving his eutire fortune, to be present at all the discussions in which his interests we thus involved ? Is it bringing justice home to iis door, to compel him to leave his business tu attend to such watters at Albany? Is it giving aim cheap justice, to compel him to pay enormous de- sert their business here, and devote their tune to itis no answer to say here are learned counsellors likewise in Albany, Whatever may be their learning, they cannot sup- of the counsellor brought up in a and familiar with the mpted again and again wegisiature, deteated and abandoned, when tie ty of New York, years been permitted to continue, preying upon the ‘ community, until it has,at length, become intolera- very affectionate nature, appealing much to the feelings of the audience. le reviewed the past and the present state of the society, and pronoun- ced a beautiful eulogy upon, one of the departed members, and concluded (as it is natural for man to indulge in the illusions of hope) by expressing ahope for the future. This gentleman has done much credit to himself, and honor to his society. _Next in order was a Poem, by C. G. Boyce, jr.; his subject was Life, Death and Immortality, He handled it well and beautifully ; his gesticulation was graceful, though his delivery monotonous. He was followed by A. B. Bulkley, who deliver- ed an Essay on “Mystery.” The only remark we shall make erik oped this gentleman is, that he, his manner, and his subject, were all mysterious. Then came an oration by R. G. Campbell, his subject was “ American Enterprise,” which he un- derstood thoroughly ; we regretted he had not committed his piece to memory—had he done so, it would have appeared much better Next came an oration, ‘The Influence of Science,” by Mr. A. W. Leggatt. His composi- tion ns good, and his delivery and gesticulation very fine. This was followed by the Grand Overture to Mass:niello, which was beautifully executed by the band, A Then came the debate, on the question, ‘Are Works of Fiction, productive of benefit to man- kind,” which at the present state of the morals of our city, as contained in the report of Alderman ‘Tillou, we think was an. appropriate one. It was supported on the affirmative by Mr. J. B. This gentleman adduced good arguments, but his manner was mnuch against him ; he was boisterous, insomuch that he became tiresome, fine On the negative, it was supported by Mr. 8. E. Pierce. This gentleman brought forth very good arguments, and his manner and appearance were so much in his favor, that he soon became the favorite, The weight of argument was decidedly on his side of the question. The debate was followed by a poem, by Mr. Al- fred Wheeler. His subject was ‘Immortality, or the Pilgrim’s Dream.” ‘We think the poem of this gentleman was decidedly the most beautiful thing of the kind we have ever listened to; some por- tions of it_were beyond description ; his delivery ee very fine, well becoming himself and his noble theme. Next came Mr. Nicholas Quackenboss, who ac- knowledging the unanimous ap; lause of the au- dience which greeted his appearance, by repeated bows, commenced the valedictory address. This gentleman, like the President, appealed much to the imagina ion and feelings of the audience. His address to the President was of a very compli- mentary nature, while that to his fellow members, was of the most affectionate and feeling style. His eulogy upon Mills (the departed member) was beautiful; his pronunciation was very distinct, and his gesticulation graceful. Many were the smiles of pleasure which greeted his success, and long and loud the applause which followed his conclusion. Then came the overture to Fra Diavolo, after which the benediction was pronounced, and then amid the well known strains of ‘* Hail Columbia,” the audience left the chapel, the bright moon greet- ing them, and illuminating their homeward path— all happy with the intellectual exercises of the eve- ning,-and with opinions formed of the ‘¢ New York Society of Literature,” and its gifted members, which will not easily be obliterated by the hand of time. ble. | In England, for instance, gas companies have no monopoly. They go to the legislature for permis sion to sue and be sued only, the same as private individuals; and what is the consequence? A wholesome competition, which enables the inhabi- | tants to light up their dwellings, and their public roads, at twenty cents per hundred cubic feet—and in the latter case for less—and yet the companies make good dividends, and their shares are always | at a premium. Gas can be made here as cheap as there. If, therefore, the New York Gas Light Company has ever charged above twenty cents per hundred cu- ic feet for gaa, it has injured the public, instead of bie promoting its welfare, as it promised to de, and as one of the conditions on which it obtained its charter, Thave been informed that as soon asthe Gas Company had secured the monopoly, it began by charging the public 100 cents per 100 cubic feet, o1 five times as muchas other companies charge simi- larly cireumstanced. This alone ought to have opened the eyes of the public, who should have re- quired the abrogation of its charter in its infancy. Its present price is 70 cents per 100 cubic teet which is 250 per cent more than it should be, an more than other companies receive in other parts, and whut is the result? The corporstion, hotel keepers, tradesmen and others, find the gas such an incubus in their disbursements, that the city, when the moon ought to shine, but doesn’t, looks like some dark, dismal, half deserted place in tne interior, where the passenger runs the risk of break- ing his neck down the wide, cavern-like, open basements that yawn at him in every directuuon, or of fracturing his limbs over projecting stoops, or over innumerable crates, hogsheads, boxes, tim- bers, bricks, mortar building materials, and mound: of rubbish, that encounter him at every etep. It is absurd to suppose that the opulent city of N York cannot find capital enough to torm agas com pany on equitable principles, as far as regards the community, the same asis formed in other parts of the world, without going to the Legislature for protection, uncer pretences not likely to be carried into effect. iS The investment of a large capital is always suffi- cient protection against unseasonable competition. A company cannot be dragged into existence upon so unspeculative an enterprise as the making and selling of gas. Its costs and profits are too univer- sally calculated and too well known. to mislead.— itis not like a bank, whose paper mill can be put into motion to any extent, without any real capital tn its vaults, The operations of a gus company are not imaginary, but solidly expensive—it therefore becomes its Own protector. For the Legislature to throw itsshield overit, and to create it a monopo- ly, is unjust, unnecessary, uncalled for, and there- fore such a government grant and protection ought at all times to be refused and prohibited. Thus the New York Gas Light Company in charging from 250 to 400 per cent more than other similar compa- nies, hus intringed one of the principal conditions on 1 the charter was obtained, Of course that charter has been, at all periods since its existence, abrogatable The company cannot plead unusual expense in the manufacture of gas, because it does not exist. A barrel of rosin weighs on the average, about 180 Ibs. and costs siz shillings. One pound of rosin will make 10 cubic feet of gas; the barrel will, therefore, make 1900 cubic feet. the material for making the gas will consequently cost the company exactly four cents per 100 cubic feet, whilst the consumer pays 7" cents for the same quantity. Another very fertile source of dissatisfaction is, that consumers generally imagine they pay for much more than they actually ‘burn, To avoid such suspicion, the company ought never to have made its own meters. It is inconsisient and iudelicate in any company to make its wn measures, which no body can check, to measure an rticle it has the monopoly “of. An individual has the ineans, in all other articles, of ascertaining whether he is Jealt fairly with ; but in the costly article of gas, he is furnished with no «uch means, however loud and frequent ming: De his expressions of dissatisfaction on the subject. ut let us see whether the Gas Company has fulfilled Providence, R. I. (Correspondence of the Herald.) Provinence, Jan. 18, 1844. Politics and Potatoes -Senators and Snubs—Dorr and Drums. J. G, Bennett, Esq.:— Dear Sir -— The Law and Order State Convention was held at the Court house, in this city, last evening, about fifty delegates, besides members of the Le- gislature, being in attendance. Judge Barton was chosen President, and George Rivers and Wm. D Brayton, Secretaries, Assoon as the organization was effected, Professor Wm. G. Goddard rose and offered several resolutions—twelve in number, I be- lieve—the sum and substance of which was, that the Law and Order party was an amalgamation of whigs and democrats, in favor of peace,and opposed to revolution—that the organization of the party had been productive of much good—that the work of “agitation” and opposition to the present Con- stitution wus not yet over, that the present organiza- tion of the Law and Order party should therefore be preserved—that in State matters, national poli- tics should be entirely thrown aside—and that the appeal of the late Dorr Convention to the National Democratic Convention, “a tribunal unknown to the Constitution and laws of the land,” was dan- gerous in ae cane to the rights of the States, Fe well as to “every bulwark of Constitutional free- jom.”” Professor G. supported these resolutions ina short speech, laudatory of the law and order party, and ewe | its connection with sasispal, per litics. He said, however, that he considered Van Burenism and Dorrism as identical, and he would have no confidence in any State officer who was in the least tinctured with the former malady. He said the whigs had professed sympathy for the Rhode Island party, but they had done nothige more; in Massachusetts they had even instructed their orators not to touch the Rhode Island ques- tion. He would give them none of the honors at- taching to the triumph of law and order, but claimed it all for the party in the State, He de- nounced Tyler, as having promised without per forming, and wound up with the declaration that if national politics were permitted to have any influence, the party would be ruined, the _constitu- tion would be destroyed, radicalism would triumph. and consequences the most terrible would be the result. His speech had some effect, and the resolutions were unanimonsly adopted. The follow- ing gentlemen were then nominated for State of- ficers :— Governor—James Fenner. of Providence. Lieut. Governor—Byron Dimon, of Bristol. Secretary of State—Henry Bowen, of Providence. Attorney General—Josep! Blake, of Bristol. General Treasurer—Stephen Cehoone, of Newport, Al. these gentlemen now hold the officesto which they are respectively nominated, and will be elect- od with very little opposition. T do not think the Dorrites will pnt any candidates in nomination for the April election. 2 We have had a most tremendous rain storm commenced on Wednesday morning, and lasted till about sunset yesterday. The river: haye been much swollen, and I have just learned that the Warren Bridge, leading across the river of that name at that place, has been carried away. The Stonington railroad has been rendered impassable in two places—one near Ap- ponang, and the other near this city. A messenger was yesterday despatched to Stonington with or- ders tor the boat to come round to Providence but the wind blew a gale last night, and she has notyet arrived, Of course our mails are all aback _ The excitement in regard. to the murder of Mr. raid Ss is gradually Le tg the people, howe- ver, about it as ever.— any of its other promises o promote the public welfare, a8 & condition on which it obtained charter, ite very mischievous t the whole soil of the city is a few inches only below the sur. 1ent and quite offensive enough by the ruinous state h are cowded through and oxidation When the ge of this kind is discoverable, such pipes be immediately taken up and replaced by new but the company will never do this, it seems, i! avoidable. It insists upon the enormous sum of 70 cents per 100 cubic feet, but will rarely consent to incur the ex pense of even repairs. ‘This awful quantity of gas is for ever passing upwards into the atmosphere, so that every inhabitant of the cit breathes it night aud day. Now, carburetted hydrogen fe highly injurious to health, and,in fact, absolutely destruc- tive of animal life, It is the predisposing cause of ague, intermittent fevers, inflammation in the thorax and lungs, consumption, and a variety of other very lamentable ma- ladies, which millions hive unfortunately become mar- tyrs to, by living in the vicinity of marshes and swamps; ind if the bills of mortality in’ this city be inspected, the great majority of deaths will be found to originate in the above diseases. Carburetted hydrogen has so great an atfinity too for water, that whenever the corroded pipes ure near the public pumps, the gas rushes into the wells and infects the water, which is rendered unfit for use. In addition to these two fertile sources of sickness, the quantity of gas that is at all times suffered to escape at the works in Centre street is so overpowering, that a person might as well walk into the gasometer at once, as go to leeward of the company’s manufactory. Mount Vesuvius is nothing to it. ‘This dreadful destroyer of health- might easily be pre- vented, but the company will not even take the trouble to effect it. 1s this promoting the public welfare, which the company said it had in view when epply ing for its char. ter? If the inbabitants of this city were living in the inidst of swamps, they could not inhale half so much de- leterious carburetted hydrogen as they do at present. lam oe that the land and house owners within the immediate circle of the pestiferous ifluence of the works, have not long since insisted upon the removal of sO great a nuisance, as it must deterivrate their properry 50 percent. If every neighboring street were kept con- stantly covered with dead wnimais, carried there to lie and rit, the carbonic acid gas and hydrogen arising from the general mass of putrescence, would not be more pro- ductive of disease than the unlimited quantity of the same gases which now for ever envelope those works Had the company been candid enough to tell the legis- lature, that when it had obtained its monopoly, it would charge its customers five t much as most other consumers pay ; that it would keep ‘he City of New York in comparative darkness, and consequently a disgrace to all other opulent commercial cities, and that it would permanently saturate the water and the atmosphere with poisonous gases which should predispose its inhabitants to ulcerated sore throats, fevers, inflammations, and riety of other distressing diseases, often miscalled enzas, and ascribed to almost every cause but the right one ; had the company bsen open enongh to have avow ed all this, | doubtif the legislature would have given i the exclusive privilege to do any such thing, which a wholesome competition would have prevented and would sill remove. I would, therefore, suggest that an early public meet: ing be called, in order that a subject so allumportant to the paprinces and health of the inhabitants of this city, be fully, fairly, and calmly discussed, preparatory to the senting a petition to the legislature for the abrogation of the charter of the New York Gas Light Company Every family is interested in the ‘equitable decision of this very serious ques ion, and | therefore trust, will be taken up by individuals of influence and on their own personal account, as a Portable Gas pany could supply the city abundantly at halftne price, and would entail upon society none of the above evils. W. A. KENTISH. te should ANATOMY AND PuystoLocy.—The observation of the operations of nature, teaches mure powerfully than the most eloquent sermon, which was ever de- livered the existence of a God. In none of her operations is their evidence more conclusively de- monstrated, than ia the manner in which she cir- culates the blood, a living fluid, in man and other animals. Inthe heart, we have arranged valves for opening and_ closing passuges, which in their mechanism, as far surpass those of the steam en gine, as that beantifal machine is: superior to the most clumsy mechanical contrivances, of the avage. We perceive that Professor Pattison lec- tures this evening at the Stuyvesant Institute, on “The Anatomy of the Heart, §&c.” at half past 7 o'clock. So that every one who may be curious on this interesting subject, can obtain full informa- tion in reference to it. eing as much in the dar! I hear that officers are still in pursuit of somebody, theugh whom I cannot learn. The Hon. William Sprague, Senator in Congress from this State, has sent his resignation to the Ge- neral Assembly, on account of the decease of his brother. Who will be his successor is rather doubt- ful. The law-and-order democrats do not like to ro fora full-blooded whig for such an office, and the law-and-order whigs will hardly go for a demo. seat; they will not vote for a Van Buren man.— Take into view that the law-and-order democrats ind the Dorrites compose a majority of the legisla- ture, and thing~ look dark. I had a compliment for your paper the other day. Passing an hour with Gov. Dorr in his jail-room, the conversation turned on newspapers, when he remarked, taking one in his hand, “ This is the best paper Iget hold of. I have it weekly, and only wish I could get it every day. With a file of such papers, one might pass itis time in a wilder- ness without knowing solitude.” I looked at the paper and tound it to be the weekly New York He ql Yours, &e. o.W. _ AxoTHEer Murver.—A colored man named Cuf- fey Todd, was found murdered in his house on “ Guinea win,” in the vicinity of Holmesburg, on Wed. nesday evening. The man had not been seen’ for about two weeks—the last time, we believe, was on New Year's day—and the colored people thereabout becoming alarm ul, they on Wednesday broke open the door, and found e body. The skull of the deceased was broken, tion of his chin was cut off. and there was a deep #1 hisneck [t was evident, from its offensiveness, th had been extinct for several ¢ i the act was undoubtedly puted to be well off for hit known to have been in his pos not to be found. We und that suspicion at- disreputable perron in the neighborhood, but not yet aufficient ground to warrant his ar Phu. Gacette, Jan. 19, Gate at Cincrnnati, Ont —The Cineinnat; ‘Times of the 13th inst. says:—The gale last uig very severe, several old houses'were blown down in the northern and western part of the city. A milkmanwhc resides a few miles out of the city, say horhood, trees were'prostrated, and fen ¥ The Louisville Packet was at East Bend at the height of the blow—the pilot reports the timber along the banks as having sui oo! bly. Globe and Richmond Enquirer are laboring: hic labor, hic opus est,) in, long columns, day after day, to convince the public that W. C. Rives’ letter it of no importance, and will produce no political in- fluence, at least against the democratic arly. The Globe’s andEnquirer’s articles will give the latter # far greater importance and influence than it would ever otherwise have had. The fact is, the latter has produced no little fluttering. R Stitt Laver.—lIt is now stated to me positively, that, Mr. Porter will be rejected. 1 know not the original source of this report, but am inclined to think it is correct. n haste, S. B. TWENTY-EIGHTH CONGRE: FIRST SESSION. Senate. Wasuinaton, January 18, 1844. Gop, Jesus Curist, SapsaTu anv Bisue.—Mr Bucwanan presented a petition, which was received and laid on the table, praying Congress so to alter the constitution as that it shall contain a recogni- tion of God Almighty as the Sovereign of the Union—Jesus Christ asthe Savior of mankind— the Bible as the great statute book of the United States—and the Sabbath as a day for serenity, ser- mons, and solemnity. It emanates from western Reser ane: one 5 Mr. Wricur presented a petition from certain New York looking glass manufacturers, asking fo certain reduction ot duties upon glass plates, wi McDurriz’s Compromise b1uL.—The Com tee of Finance to whom this bill was referred, re- ported a resolution for indefinite postponement, to want of jurisdiction, Some debate arose upor postponing the whole subject, and upon some pints of order, in which Messrs. King, Evans. Huntington, and others took part. The Committee of Finance were of ernie that this is a bill for raising revenue, and erefore cannot originate in the Senate, which hasno jurisdiction of such bills The resolution to postpone for want of jurisdiction. was argued. e ‘ Mr. Evans thought no bill for reducing the tarifi had ever originated in the Senate,and eventuallypas- Dr. Peters almost fears to deserve, lest he should Lee claiming for them the for sick and nervous headac! speak of these Lozenges as thi startle the readers’ credulity, power of invigorating the mind, of dispelling melancholy and low spirits, ot subliming the imagination, of strength- ening the nerves, of sweetening the breath, givinggthere- unto @ balmy fragrance, and almost instontly cu the headache, and correcting nervous affections jhe attributes to them no virtue which they do not fully possess, In ad- lition, they are st delicious of all Lozenges, me we equal io anything yet diacovered ior curing Sema ness, toniny stomach, al 6 appetil Principal Ottice, 125 Fulton street. SOMETHING NEW.—Wild’s Castor Oil Candy. —The taste of the oil is disguised, and the object every parent can see at once—for, in administering castor oil to children, it is generally attended with much trouble.— One ounce of candy contains one table nful of oil, ind made in such form as will be convenient to give to infants, being made of cold pressed oil and loaf sugar.— Che coat of the canoy is no ery than Cab A well known ‘sician thus «peaks of it:— Dr k. RugglesNo. Ll Park Place—I have often adminis- tered Wild’s Castor Oil Candy in my practice, and 1 find it- answers well the purpose for which itis intended, E. RUGGLEs, M. D. This candy is ascientific preparation, which cost the proprietor over a year’s practice to concentrate so large & juantity of oil little sugar ; oneounce of candy con- ains one tabl ful of oil—a child of two years old has only to et ut a quarter of an ounce to act as ce- ‘hartis. We do not ask any more for the candy than would have to be for a dose of oil from the dru; tores. Every parent can see tne object at once—it wil save hours of coaxing. Children will eat it as readily as = stick of cream candy. General Ottice, 451 Broadway, near Grand, THE HUMAN HAIR BEAUTIFIED, RESTORED ind forced to grow, by athree shilling bottle of Jones’ coral Hair Restorative. This can be proved by some of sur most respectable citizens, who say this really does we represent. We sell three shilling bottles that perso! nay try itcheap. It gives your hair a moat Welicious a) vearance, and k it clean. Give it one trial and you’ ve satisfied. It will actually force the hair to grow on any cart where hair will grow naturally, the head, face or body. It has now strengthened the roots, thus staying the air from falling off, cleaning the dandruff from the scalp. it also causes light, red, or grey hair, to assume a dai sed into alaw. The whole question, he said, turn- ed upon the meaning of that clause in the constitu- tion, which speaks of ‘raising revenue.” Thi: vill, he admits, is a bill for reducing the revenue. The word is not equivalent tothe word duty. Re- venue means the sum total of all receipts. ‘The constitution does not look at quantity of revenue, be it more or less,but at any revenue,however smal it may be. And no such bill can originate in the senate. ‘The question is, is this a bill to raise re- venue? Willit, if itbecomes a law, have the ef- fect to raise revenue’? Will revenue, if the bill be- comesa law, be collected under it? On the other side, it will be argued, doubtless, that the law for raising revenue is already established, and that thi: is merely a bill for remitting a part of the present revenue, or duties—not enacting duties to be raised, bus to be mitted. Mr. Evans thought this was a mere verbal, technical argument, and that it was an evasion, and per. version of the Constitution, which is not to be so inter- reted. You must look at the effect and operation of the law. If this is a Bill to take effect at all, it must have the effect to raise revenue, which is precisely the kind of Bill that cannot originate inthe Senate. Mr. Evans here cited cases, as of iron, and its duties, &c., by way of illustrating his position. He referred to 2 convention which framed the Constitution, in which it was proposed that the Sen. ate should not even have power to amend a revenue bill the case with the British House of Lords, which has no legislative power at all in their revenue or supply bills, os they are there called—the House of Commons of- iginating and perfecting all such hills. He then cited some precedents bearing upon the case, and closed his arguments, He was followed by ir. McDurrie.—He said it was his intention to diseus: the merits of the bill as well as the preliminary question 01 jurisdiction. And ifany further remarks were to be mack upon the preliminary question, he would give way unti. hey were made ‘Mr. Woopsury answered Mr. Evan’s argument respec'- ing the House of Lords—by suying that the “Lords” wee not representatives of the peuple. Not so with this Sen ate, which does represent the people. ‘The original pro visions of the Constitution supposed that the Senate woulc be ajpermanent body residing at Washington—not going home to their constituents, nor mingling with them. They thought the Senators would purchase estates here, anu become a part of the Executive—his counsellors. Anc viewing the Senate of such acharacter, they thought hey should have nothing to do with originating bills o: halts This is the view to be taken of the Constitution Doubtle: the Senatey has no powerto originate bills tc incre: he burdens of the people. Not such is this Bill Mr. Woopsvury [then cited cases in which the Senate does originate bills and perfect them to laws, affecting re venue, As for example, bills relative to the revenues from the public lands—the prices of those lands—the Post Office laws, postage on letters, &c,, all which are b raising revenue. There have not been ten years 1794, when the first revenue was paid in from the Post Office, where revenue has not accrued from the Post Oftice—a department which in other countries is regardec asa legitimate sourceof revenue. Moreover, the opposit loctrine would cut offall Treasury note bills and loans, which have often originated in the Senate. Again—turi to the records of this very Senate, and in 1833 it will be found that a bill of this very kind did originate in the Se nate, and was fully ig dea and did pass to a Jaw—or would have become a law, had not a Dill at that pointo! time come from the House, which took its place. Mr Woodbury is still going on, citing cases of laws and bills for raising revenue, which did originate in the Senate. Gg NUTS FOR OLD KNICKERBOCKERS— NEW YORK 170 YEARS AGO, With © View and Explanatory Notes By Joseph W. Moulton. Price 12) cents, Just published by BURGESS, STRINGEK & CO., 292 Broadway, corner Annst. 0G “READING, FOR THE MILLION.”—Burgest, Stringer & Co,, Publishers and General Book and Periodi cal Agents, 222 Broadway, corner of Ann strect, New York, publish this morning the most superb book of the seuson, entitled The American in Paris during the Sum- mer. A picture of Parisian life in the Court, the Salons and the Family Clicle, its sports, amusements and festivi- ties. By M. Jules Jenin. Price 25 cents. (@ PUBLISHED THIS DAY AT THE NEW World Office, 89 Ann street :— Colonel De Surville, a tale of the Empire—By Eugen Sue, author of the “Mysteries of Paris,” ‘Matilda’ “Therese Dunoyer,” &c. ‘This is a perfect gem. The events of the story occm from 1792 to 1810—embracing,the period of the Freuch Re- volution, and of the Empire of Napoleon, and are wrought up with the power, vividness, and masterly skill, whicl. the author has exhibited in the “Mysteries of Paris” anc the “Salamander ” Surely few writers can so powerful interest the feelings of his readers as Eugene Sue— rice 124 cents ; $8 a hundred. Also, just published, Tu, Saramanven—A Naval Romance, by Eugene Sue— Translated by H. W. Herbert. Full of incident, of highly wrought and rapid interest--abounding in magnificent and puetical description, it cannot fail to entertain and in structevery clase of readers. Price 29 cents ; $16 hun. dred. ‘Tuy. Feats Buurweanp—A Romance of the Island of Martinique, by Eugene Sue. The plot is rich in startling incidents and strange disclosures; and the reader is lite rally fascinated by the wonderfal events which this novel embodies in almost every page. Mrice 25 cents—com- plete in one part. Turnese Duxovsen—A tale of Parisian Life—by Eugene Sue. The dramatic attractions of this novel are as great ait romantic interest. ‘The hand which drew aside the curtain and displayed the wonderful ungoings of Parisian life in the-*Mysteries of Paris,” is constantly exhibited in Therese Dunoyer. Price 26 cents. Tux Mysvenies or Paris—Only perfect edition trans- lated, by H. C. Deming. ‘The most wonderful book of the present century. Price $1 25 bound; $1 in numbers.— Sent by mail at periodical postage Mariza; or, the Memoirs ota Young Woman—By Eu gene Sue, ‘Translated by H. W. Herbert. The best ro- mance of society ever written; and, in the judgment of many, equal, if not superior in interest, to the "“Myste- ries of Pa Price, in numbers, 7 cents—bound for $1. Also, for wale, the new and cheap publications of the lay, wholesale’ and retail. Orders promptly attended to. ‘Address J WINCHESTER, 30 Ann street. TO MOTHERS WHO MAY BE SUFFERING from that painful affection, ore nipples. and who find it extremely difficult to nurse the child, we would recom. mend Dr. Sherman's Pepillary Oil, as a sure and infallible remedy, and which can be used without removing the child from the breast. It is the only certain remedy for the ditease,and has never been known to fail. Mrs. Keener and Remsen, two old and experienced nurses, Dre. A. C Castle nderpool, recommend it in the highest terms; e used and seen it used with great effect Doctor Sherman’s warehouse is 106 Nassau street. Agents—110 Broadway; 10 Astor House; 227 Hudson street; 168 Bow- ery; 77 East Broadway; and 86 William street. oo CONSTITUTIONAL DEBILITY CURED.—The Tonic Mixture prepared by the College of Medicine and Pharmacy of the city of New York is confidently recom mended for all cases of debility produced by secret indul- gence or excess of any kind. ‘It is an invaluable remedy or impotence, sterility, or barrenness (unle lepending on mal-formation) jingle bottles $1 each; cases ot hi Jozen, $6, packed and sent to all parts of the Union. Ottice of the College of Mevicine and Pharmacy, 95 Nassau st. W 8. RICHARDSON, Agent RICORD’S PARISIAN ALTERATIVE MIX- TURE—for the cure of primary or secondary syphilis, ani all Red oa ariaing from Phe akareeoen to cure, Single bottle $1; in cases of half dozen $>—pack- 4 and sent to all parts of the Union. Office of the College of Medicine 96 Nassan atreat. nd Pharmacy, W & RICHARDSON, Agent. color, and by doing this, permanently to make the hi row. naturally dark from the roots — If persons use this merely for dressing the hair, nothing is more economical to keep the hair soft, dark, silky and beautiful, at least ‘hree times as long a8 any other preparation for the hair— 3old, price 3,6, or shillings a bottle, at the sign of the American Eagle, 82 Chatham street, N. Y.; Zeiber, 3 Led- zer Buildings, Philadelphia; Redding, 8 State street, Bos- ton; and 139 Fulton street, Brooklyn. og PROFESSOR VELPEAU’S SPECIFIC PILLS tor the permanent cure of Gonorrhea, Gleet, fluor albus, ind all diseases ofthe urethra. These pills are warranted ocure the most protracted cases in a shorter time than any medicine at present known to the medical faculty— srice $1 per box. W. 8. RICHARDSON, Agent College of Dflice of Medicine & Pharmacy,96 Nassau st (g- READ THE FOLLOWING LETTER FROM Governor Bouck and Mayor Morrit:— ‘Aunany, May 18, 1843. Messrs. Pease & Sons:— GexTLEMeN:— You will pardon me for the delay In replying to your letter ofthe 14th ult., and acknowledging the receipt of a box of your Clarified’ Essence of Hoarhound Candy. Al- low me to thank you for this kind tribute of oe re- spect and to express the hope that you will be liberally patronised in your efforts to the pablis. ‘The article is got pin beautiful style, and ishighly commended by those who have had occasion to use it. Your obd’t. serv’t. ‘WM. C.BOUCK. Ihave repeatedly used your Candy for coughs nd always found relief, but official duties _pre- vented me from writing to you before. But as I have ately been cured of the influenza, by the use of your {oarheund Candy,| cannot withhold from recommending he same to the public. Tam yours,truly, ROBT. H. MORRIS, City Hall, New York. June 27th, 1843. To Jonn Pease & Sox; 45 Division street. Sold 45 Division st ; 3 Ledger Buildings, Philadelphia; 3 State st. Boston; 110 Baltimore st: Baltimore; 139 Fulton street, Brooklyn. PRIVATE MEDICAL AID" memhers of 1 oRew Vouk College of Medicine iy oon in re returning the public thanks for the liberal support the 1ave received in their efforts to “suppress quackery,’ leave to state that their particular attention continues ‘o he directed to all diseases of a private nuture, and from the Eve improvements lately made in the principal hos- 0 of Europe in the treatment of those diseases, the ‘an confidently offer to persons requiring medical aid ad- vantages not to be met with in any institution in tis sountry, either public or private. treatment of the College in such as to insure success in evcry case, and is otally different from that »cru¢ cus practice of ruining the constitution with mercury, anJ in most cases leaving \ disease much worse than the original. One of the mem- vers of the College ,for many years connected with the srincipal hospitals of } urope, attends daily for a consulte- ion from 9 A.M. tos P.M. ‘Terms—Advice and medicine, $5 Acure guaranteed. Important to Country Invarios.—Persons livi in ‘he country and not finding it convenient to attend per sonally, can’ have forwarded to them a chest containing ull medicines requisite to perform aperfect cure by stating their case explicitly, together with all symptoms, time ot sentraction and treatment received elsewhere, if any and enclosing $6, post paid, addressed to W. 8, RICHARDSON, “ye Office and Consulting rooms of the College, 95 Nassau sneet MOVEY MARKET. Friday, Jan. 19=6 P. M. ‘Thetimes are all out of joint; Wall street looks blue enough. The brokers are living on hope, which bids fairto consume the body. Stocka received a very serious blow to-day, and their recovery is a matter of much loubt. Long Island declined 34 per cent; Paterson 3); Harlem 1}; Ohio 6’ 2; Illinois 3); Kentucky 14; Indiana 24: Norwich 2}; Pennsylvania 6's 3; Farmers’ Loan 1;, North American Trust Co. 3; United States’ 6’s1; Ohio Life & Trust 1}; Mohawk }. Not single stock inthe tist improved. The sales were toa very moderate ex- ent, andthe brokers seem disposed to operate as limited us possible, until the banks are in a condition to let loose again their capitals. $90,000 of Kentucky 6’s sold at the Merchant’s Exchange to-day at auction, at prices ranging from 864 to 60 per sent. The receipts of the Western Railroad for the second week in $7,001 $9,116 ‘The Jackson Marine Insurance Company have decla- red acash divide recent, and a scrip divi- dend of eight per cent on the capital stock, anda cash lividend of six per cent on the scrip of last year, all paya- bleon the Ist proximo. ThefLegislature of NewJerseyhas passed a bill atithoria- ing the Paterson Railroad Co. to issue bonds to the amount of $100,000, secured by mortgage, on all the property of the Company, and has been sent to the Executive for concurrenee, The object of the loan isto purchase raila for the road. There has a great change taken placein our money market lately. The rate of interest has advanced until the legal rate of seven per cent has become established in short loans. The money, that until lately was used in stock operations, has obtained other employment,‘and the Banks have abandoned their allies and left them without thenecessary time for preparation. The late movements in the cotton market have caused the change, and specu- lators in that staple have taken the place of the brokers in the good graces of the Wall street Banks, Heavy loans have been made by our City Banks to holders of cotton at ‘he South, and cotton forwarded to this market hes been drawn on at sight, throwing into the banks large amounts of paper, created by those speculating in this article. The object of speculators is to hold every bale possible until the advices are re- ceived by the steamship of the 4th instant, now due from Liverpool. The course adopted by our city banks, as re- garde their loans and discounts, has developed one very important and valuable feature. Amidst all the specula- tions, both in cotton and stocks, that the banks have been involved in, the legitimate and regular merchant has not been affected an iota. They have moved along in their usual course, indifferent what policy the Banks adopted, or whether they ruined themselves in Long Island Railroad stock, or the cotton crop of the South, It has been suffi- cientlyfproved, that the Banks are of no benefit to the commercial community. It has been satisfactorily seen that the banks ure only useful to speculators,and that from that class of operators they must look for support. The banks of New York are, without exception, more | indifferent to the real interest of the community in which | they are situated, than thovw of ony other city in the Union, They devote but a small portion of their capital tothe business for which they were chartered, Their