The New York Herald Newspaper, June 6, 1844, Page 1

Vol. X., No, 158—-Whole Ne, 3728. THY, NEW YORK HERA! spaper: every day of the year except New Year's day end x Copy—or $7 26 per an- na ence aid—cash in advance. THE WE KLY HERALD published every Saturday maruing—price 6} cents per copy, or $3 12 per annum— ‘re informed that the circulation of ie Herald is over THIRTY THOUSAND, end increasing It has the largest circulation of er the world, and is, therefe men in the city er country. PRINTING of all kinds executed at the most moderate Price, and in the most ly. Price 2 cents Peni ce paper in this ci \aenet for business ash in ad- it “nie ON BENNETT, Proraixtor oy THe Henatp Estapimument, Northwest corner of Fulton and Nassau FP Fe ok GREAT WESTERN RAIL ROAD RO FRKOM ALBANY TO BUFFALO (325 M! ~ BY RAIL ROAD. ; ly Office in New York eatablished by the several Rail ae Buffalo is at No. 49 COURTLANDT &TREK JOHN &. CLARK, Goaoral NOTICE TO beige bs pode oe mis for forward- jvany to Buwalo and in- 3 by Rail termediate places. are enabled to send rom New York to Utica tor $2,06; to Syracuse $2,92, to A) iin $3,36; to Rochester ffalo $5.59, from 2 to 12 years o'd at hal ident that it comes mueh el travel by Rail Road than by Steamboat from New York and ours; wheras, it takes per Canal (rom 9to 10daya, ‘I'he fol lowing cafculation shows the reault, viz >— Passage to Buffalo per Ca- Buflalo, s0lbs to the immigrant to from Albany in 42 ince for be a ores daysee eee % Living for days 38 cous ‘Total per R. Rod +++ $643 a ie ak oe Deduct fare per R. Road ++ R. Road saves +++ $5, ‘They also forward passengers to tn orammiuintad strait, &e., Michigan; u Canada, at the lowest rates, ferent routes given gratis, and Tickets alo Hai) Hoed Of% enty atthe Albany and Bi) Bi TO THE TRAVELLING PUBLIC. ‘Phe Subscribers having completed their arrangements, are Great Britain’ and i first clas packet ships, one of which will leave Liverpool on the Ist, 6th, 11th, 16th, Sist and 28th Ww prepared U passengers from Pretahd by the f ket pean ste fecditedavery (lerpacice ‘can be obtained, andevery informa*i Mioseseading for their friends, on application Bu ry ris of the Upper Lakes. rego ‘Foronto, Port Hope, Coburg, Kingston, and ‘Whitehall to Montreal and Quebee, C; Fe Cand ee Cle rakind ta botamouth: Gia Pittsburg Cincin the C iver to St. Louis, Mo ichigan, Indiana, Illinois and Wiscon- REMITTANCES, For the accommodation of persous w i frieuds in the Olt Counts rafts on any partof Eng tar neht, forsums of £1, di terme: th West via Philnd Scotland cr Ireland, paya- 5, S20, to £100—or in any amount 7" "SERICKS AND AGENTS. Union Building, Providence, ‘all street, and 16 Front , 43 Sonth ‘*hird street, K Shoemaker, 7 Light strest, Baltimore paste NY. "Utiea, N. ¥. to suit the pure! 8, Littlsiehn, B Sais Ry W. A, Cook, Syracuse, Ni. ¥ W. H. Cook, Buffalo, W. ¥. H. Fitzhugh & Co., Os UNITED LINE OF LIVERPOOL PACKETS, rits packet ship SHEFFIELU, Captain re ‘above favorite packet has splendid ja, seronl cabin, and steerage passeage) raed ing noi sonatr aot, A better tship. Larly application should be mi this elegant s! y appiication stioald Meaty 16 South stewt. comer Maiden {ane. L—The New Line 'R, Capt John Britton, 8:0 packet ship ROCHES CE. , will sail as above, ker regular day. "er freight or passage, th: surpassed jurling slip, oto jor aceominodations vat ‘very su) ship in port, apply ox board, west side WOODHULL & MINTURNS, 87 South st. $100, ket sup Hottingner, Capt Ira Bursley, 1059 tor barthen’ wil succeed the Htocheater, ead sail on iat miter FROM ENGLAN? IRELAND, SLUT ‘AND. v Fatt) ee THE subscriber has unequalled armrgementy K, Out emigrants this the old established packe t office JOHN HERDMAN, 61 Sonth st. shins of this line now leave Liverpool every five ‘atall the principal banking institations waited kingdom, apply as POOL—New Line—) 1080 tons, will sail as accommodations une For freight or splendor or comforts wo E. K. COLLINS & CO. % Bouth st. J Coljins, of 1100 tons, will ith of July. her rewular day if OR NEW ORLEANS.—LOUISIAN, To sail 15tu June.— The fast ag ee ished ing handaome fan Negus Wher tat nf Wal &. K. COLLINS & CO Agents in New Orleans—Mecars. Hallin and Woodruff, who ine pon is by this eas anv ‘or freight ot passage, ha ations, apply on board, at orw panetially ne advertised: PAChE! On HA ond Linea he Shin ONFIDA, James Frenen, M uly. "For freight jaster, will sail oo iy. BOY» & BINC . No.9 Toutine Building cor wal and Water sts. FOR NEW ORLEANS—F 0 ‘OF fFriuht, O¢ passage in the cal having very superior accommod: aptly on board, or to n30re vermy m derate, 109 Pine sreat, corue’ of South. NEW YORK scHooLeys MOUNTAIN Aston. rele A Mh, by Hallrgad aie ceh Meadhara. «heater, Belysol iden, Washingtoa to Easton. in intersects to titen'e. Commuaereial. Hotel, 18 Courtian fished at the shortent notice, t Washington a dai ‘or sents apply to SASANT AND CHEAT’ RXOURSIONS. mc neR ee ih GMOND, ee NEW DRIGHTN. Oly YOUR beniy. : 0, 1, North River, f The 3 o May 20th to Uetober ‘ork, at @and 1) a, Py Po pinates to 8, and 10 minutes te rghton, Me a and 10 A. Mu; nt AX Sand 7H P. ‘On Funday—Lenves New York, at 9and 11 A. M.; at 3, 6.and 82% Leaves tery Richinondy a 8 mines to 8,and 108-33 Vork, May 18, 1844 SUMMeR ARRANGEMENT, WARK AND NEW YORK. INLY 194 CENT! WIFT STEAME. ber Shoe JOHN GAFFE FARE 0} . THE NEW AND 8 R RAINBOW, foe 01 bareiny at at 10 A.M and@ Tigw York at 10 A. a and 4 May 1th, 1844. SUMMER ARRANGEMENTS Ont INGDALE, VAL M, and 2P, Meand at very reasonable rates. VILLE re ae Washington 25 cents. mence running on Saturday, May 4th, 1644 at 6 o’clock A.M Yetock P.M Leavi yw and Chatham st, two di Ofice,at7 o'clock, 4. M., and continue ran Manhattanvitle, corer of Tryon ‘Stages leaving ort Was) * 1 a 10 Heed’s Hotel, B: im and Lanatic A&y! Chureh Co 4 NEW YORK, THURSDAY MORNING, JUNE 6, 1844. — —— —— —and so the letter would give information to no one but! The resolution wes further referred to (he Committ the person for whom it was intended. For each letter of on Laws. yed, Government would receiv: one cent, so that the first of the above Jetters wou! 39 ceats, the answer to it 30 cents, and the reply 28 cents. We cannot close this notice without expressing our con- viction that among the most im ventions of the present day is the Electro Magnetic Tele- the most distinguished public jorse, the inventor of it, will be THE NEW SYSTEM OF OURRENOY PROPOSED BY SIR ROBERT PEEL IN THE British House of Commons, MAY 6, 1844. Sin R. Peer then rose and spoke as follows:— Sir, there are occasionally some questions of such vast and manifest importance, and that prefer such a claim, or I should rather say such a demand upon the attention of this house, that all rhetorical pre- faces, or dilating on the value of them, or enjoin- ing the duty of a patient and attentive considera- tion of them, become superfluous and need- less. 1 shall, therefore, proceed at once to call the attention of this committee to a mat- ter which enters into every transaction of which money forms an ingredient. There is no contract, public or private—no engagements, national or in- dividual; the enterprises of commerce; the profits of trade; the arrangements to be made inal] the domes- tic relations of society; the wages of labor; the tran- sactions of the highest amount, and those of the lowest; the payment of the national debt ; the pro- vision for the national expenditure on the one hand, and the command which the coin of the smallest denomination hes over the necessaries of life—all are affected by the decision to which we may come on that great question which [am about to submit to the consideration of this house. Sir, the circumstances under which this duty imposed upon me arises, are shortly these :—In the year 1833 an act of SerUAn eRe passed which continued to the Bank of England certain privileges until the year 1855; and alter the year 1805, until parliament should determine to give one yeur’s notice to the Bank ot its determination to revise the charter. Before, however, the expiration of the full period of 21 years—before the arrival of that term of 1855 —there was reserved to parliament the power, after the lapse of ten years, by notice to be given to the Bank, of revising the eharter and re-considering the whole subject. That period, sir, will arrive in August next. After August next it will be com- petent for this house, by notice given through the Speaker, to pignify to the Bank ‘hat, within six months next following, this house will reconsider the charter of the Bank of England. But that opportunity once permitted to go by, the charter of the Bank and all the privileges which it confers willendure, necessarily endure, until the year 1855, (bear, hear.) Sir, in the present state of this country, in the present state of the currency, after the inquiries which have been instituted, after the degree to which public attention has been called to this subject, her Majesty’s government feel it to be their duty to avail themselves ot the opportunity thus given them by law, and to submit their viewstop r liament upon the subject. They are of opinion that inquiry has been exhausted; that all the information which is essential to the formation of a satisfactory judgment has been acquired; they believe that they should be abandoning their duty if they had not undertaken maturely to consider this subject, and if they did not now undertake, on their responsibility to submit to the consideration of parliament, at once and without protracted inquiry, the measures which in their opinion it is desirable to adopt (hear, hear). Sir, I am pertectly, satisfied that the mem- bers ot this house, rising superior to all party con- siderations and to all private interests, will consider it their duty to apply their deliberate and impartial censideration to this great subject. I have that confidence in the House of Commons, from past experience, of their superiority to mere party views or to personal interests, when matters of such great importance come under consideration, that I feel convinced that that will be the course ee will pursue (hear, hear). lask, then, to night for no decision ; in fact 1 would deprecate the delivery of any feats opinion. I ask you to listen to the pro- posal of the government, to hear the evidence and the arguments by which they support it—to read and consider the resolutions Which Tshallmove only pro forma—and after having deliberated maturely upon them, then to come to the discussion and pro- nounce your fina) judgment (hear, hear). Sir, 1 am not shaken in the confidence I repose in the house by the publications which [ have seen inviting the attendance ot members upon this subject. 1 hold in my hand the resolutions adopted at a meeting of the general committee of private country bankers, held on the 17th of April last. I findthat they re- solved ‘‘ that the refusal of government to give in- formatien on the subject of their measure concern- ing banks of issue naturally leads to the conclusion that it is their intention to propose some measure affecting country banks general consider it most probable that it relates to the local circulation of the kingdom.” Then they resolve “that under these circumstances it is most desirable that all banks of issue, whether pri- vate or joint-stock banks, should unite to oppose any alteration in the local circulation of bankers or in the conditions on which it is now allowed by law, and that the several joint-stock banks of issue throughout the United Kingdom be invited to co- operate with the private bankers im such opposition.” The third resolution agreed to is, “that all bankers be requested, as far as possible, to bring the question fully under the consideration of all members of parliament with whom they may be acquainted or connected, and endeavor to induce them to onpose any such alteration in the local circulation of the kingdom. Sir, l complain not: of those resolutions ; 1 com- plain not, at least, of the banke: wifi ; but I do hope that members ot parliament will resist the subsequent appeal, and that they will not come down here determined they have maturely considered veal ope osals of the government (continued cheers). ‘oak you, then, to maturely consider the great principles on which an alteration of the currency must depend. Are you so satisfied with the existing state of things, are you so convinced that itis utterly impossible in any particular to suggest any alteration in the exist- ing laws, that you will come down here, before hearing the discussion of this subject, prepared to offer an insuperable obstacle by previous concert and understanding to any alteration in the existin: law? Sir, I know it to be impossible (cheers). hold in ny hand the evidence which should make it impossible that any such previous compact and understanding, if entered into, could be carried into effect. y immediate proposition appears to relate to banking concerns, and in particular to the issue of promissory notes. Considering that 10 years have now elapsed since this subject was brought un der consideration, I hope I bal determine the issue of promissory notes. I hope J shall be allowed to go deeper into the principles which govern this great question (hear, hear). 1 cannot discuss here the principles upon which we should establish the engagement to pay a certain definite value, unless we are agreed vpon the prin ciplesas to what constitutes the measure of value in this country (hear, hear). That ss at the found- ation of the whole of this subject. It is impossible fo raise any superstructure merely regarding the cireulation of paper credit and paper currency, un- less we first consider the principles which deter- mine the value of tnat of which paper is merely the representative, and it is impossible that we can come to & Common agreement as to the iseue of paper, unless we are agreed as to certain great principles relating to the measure of value and the medium of exchange (hear, hear). Now, sir, | very much fear that there is not that common agreement as to those other and greater principles to which I allude. Lam afraid that there is not a universal agreement as to what, in this country, is the standard, and what really constitutes the mea- sure of value, Sir, [invite discussion upon that firat and preliminary question—the foundation of all the rest. I want to ask what has been the law and practice of this country as to the measure of value. What is that which determines all con- tracts? The denomination of value is a pound. What is a pound? and what is the engagement to pay a pound? (hear,hear), Unless you are agreed n that it is in vain to attempt to legislate upon thig subject. If a pound isa visionary theory, a fiction not existing in law or practice—in that case one class of measures relating to paper currency may be adopted; but if the word “pound,” your common denomination of value, signifies something more than @ mere visionary fiction —if a pound mean a quantity of precious metal of certain weight and certain fineness, in that case another class of measures relating to a paper currency will be requi- aite. Now the whole toundation of my measure rests onthe assumption that,according to practice,accord- ing to law, and according to the ancient monetary policy of this country, the meaning of a pound is neither more nor lesa than a certain definite quan- tiy of gold, with a mark upon it, to distinguish its weight and fineness, and that the engagement. to pay a pound means nothing, and can mean nothing else than the promise to pay tothe holder, when demanded, a definite quantity of precious metal (hear, hear.) Now what is the meaning of a pound according to the ancient monetary policy of this country? The origin of the term was this. Ta the reign of William the Conqueror a pound of silver was the pound of account. A pound then Tepresented both the weight of the metal and the Morse’s Magnetic Telegraph. of Professor Morse’ excited the astonishment and admi- The most incredulous have been convinced, and, occurring at the time they have riments have satisfied the ih is not merely a beautiful illustration principle, but an agent that may be utility in (he business The long list of officers of denomination of the money. By successive de- basements in the currency a great alteration was made, notin the name but in the intrinsic value of and it was not until a late period, lizabeth, that silver, then being the standard of value, received that determinute weight which it maintained without variation, and with constant refusals to alter it, until 1716, when gold was substituted for silver as the exclusive n ‘The standard of silver observed until 1716 wasfixed about the year 1567, but in 1717 the value of a guinea was determined to be 2ls., and for a certain period both gold and silver consti- tuted the standard of value. however, it was enacted that no contract 5 be discharged in silver for any sum more than £25, and, consequently, gold became substantially the measure ef value in this country, and it continued to be the measure of value legaly and practically the alphabet em a pound sterli! of the community, in the reign o' bert be appointed an addition: curred in. Magnetic Telegra tant discoveries and in- | of @ philosophica made of practical and every transactions of the country. the Democratic Convention was published in the Capitol at Washington as soon as it was announced in Balti the only time lost being that occupied in the the messenger from the room of the Convent! office of the Telegraph in the Pratt street Depot. ‘The ballotings were communicated with the same rapidity ; and the expectant throng of politicians, who surrounde Professor's room in the Capitol, were made aware of h ad soon as it was known at the door of 6 Odd Fellow’s Hall in Gay street in this city. Then, ogain, the nomination of Mr. Wright was deoli hum within fifteen minutes after it was erated solicitution made known, und had Mr. Wright been in New Orleans, instead of ington, the intervals of intercourse between him and the Convention would have been quite as brief. ‘All thia is calculated to put ua upon the enquiry into the future agency of the wondertul contrivance which thus, without metaphor, anmbilates both time and space. It has been said that the railroad system haa given u per- petuity to our Union, which it would not otherwise pos- sess~and that with iron bonds is our country bound to- gether, But the day of iron bars must now yield to that What dithiculty does extent of territory preswut to permanency of government, but the delay and inconvenience of transmitting mtelligence from one por- intelligence between men in b ness, and between the Executive and its officers? sup the line of wires to extend to Oregon, asd. lay off the meuth of the Columbia, whuch it was desired to order home, or to send to Honololu, the Navy could receive the an:wer that all hand« were piped to weigh anchor before the mk with which he si ed his name to the order, if he wrote a heavy hand, ba Mf a vessel bound for an Atlantic er topsail in the midst of the Squadron, the Commodore might ask from the Department, and re ceive, a permission tor an officer to return i her yards could be braced round, und her # home; for the rate of electricity is 180,000 miles in a se- cond,and at this speed would the correspondence between regon be carried on. Startling as such statements may appear, no one can gainsay them who will aco what has been ding daily for a week past at the Pratt Instances might be multiplied without end of the availability of the Magnetic Telegraph of Profes raph, and that amon; nefictors, Professor ranked hereulter.— Baltimore American. standard of value. Common Council. Boann or Anpermxx.—June 0.—Alderman Schief- felin, President in the chair. ‘New Hydrant Company.—A petition for the establish: | ment of a Hydrant Company inthe secoud fire district | thavine Slips —Alderman Williams offered | a resolution culling upon thy Street Commissions to cleanse the slips from James to Catharine sli Sewer in Stanton Sireet.—A remonstrance from Brown against the sewer in Stanton street was referred to Committee on Roads and Cenals. Butchers’ Licenses—A petition from the licensed butchers of Washington market against allowing countrymen to sell meat by the quarter, was referred to Committee on the Bank Restriction Act (hear, hear,) for re- moving restriction, and permitting parties to issue money at discretion, without being convertible into coin, received the sanction of the legislature, and disturbed not only the practice but the theones and notions of men respecting the standard of ac- (Hear, hear.) From 1797 until 1810 public attention was not much directed to this important subject; but in 1810, men of sagacity obs-rved that the exchanges had been fer a considerable period unfavorable to this country; that the unfavorable than could be accounted for by what ig called the balance of trade in the monetary trans- actions of the country, and invited public attention A committee was, therefore, ap- pointed, and considered the subject, and opinions then novel were stated by them—namely, that a pound meant, in fact, nothing else than a definite quantity of the precious metals, and that those wh in their issues of paper, promised to ought, in tact, to pay a theory was much contested at the time. The House of Commons were not convinced by the ar- guments used in favor of it. The prevailing opinion of the public—their minds having been disturbed b those novel views which h.d prevailed since 17! —was, that it was a moinentary delusion, a mere speculation of political economists, and that some- thing elee was signified b: weight of prectous metal. the doctrines maintained by Mr. Horner, and those who agreed with him, were asked to specify what, inions, the true definition of a. pound must say they had the fairness, inshort and definite sentences, by which, atleast, you were able to comprehend their meaning, though not the thing signified, to state what, in their opinion, the money of account which was nominally a pound Tt will show how minds were confused aud perverted troma-truth on which the light of demonstration has beep shed to selectone or two of their definitions of a pound sterling. Writers who stand highin public opin- ion gave these definitions of a pound ; and I must say, singular as they are, 1 the writers of the present day, who publish inter- minable pamphlets, containing their doctrines on the currency, but never allow you a glimpse of what their definition is. ter.) However, the writers [ am now speaking of adopted a more honest course of proceeding :— One of them said—*A pound may he defined to be a sense of valne in reference to the currency, as compared to commodities.” (Laughter.) An- write ) professed to have exhausted his faculties in considering the question, dissatistied with the former definitions, and thinking the pub he had a right to something more definite and tan- gible, stated ‘* there is a standard, and a unit must be found to make it; that unit 1s the interest of £33 63. 8d. at three per cent—(Laughter)—or one pound, and that interest b 1s. money of account ”” r ) will only trouble the House with one more detini- tion, which is this—‘ the standard is neither gold nor silver, but something set up in the imagin- ation to be regulated by public opinion.” posed at that time that the by the bullion committee culations of theorists, and were unknown in the former monetary systems of this country. But this was not the case, as will be found on reference to every writer of eminence be- fore 1797. Mr. Locke, Sir Willian who had never been tamiliar with an inconyertible paper currency, arrived at precisely the same con- clusions. ‘Take the opinion of Mr. Harris, an offi- and a most eminent writer on this larris, writing more than a century before the appointment of the bullion committee, says:—* In all countries there is established ya cer- tain standard, both as to weight and fineness of the several apecies of those coins. In England the sil ver monies are to contain 111 parts of fine silver, and 6 parts of alloy—that is, the pound troy with as contains 11 oz. 2 pennyweights of fine silver, ennyweights of alloy; and of a pound troy of this standard silver our money pound con- tains 20-62 parts—that is to say, a pound of this sil- ver is coined into 62 shillings. This standard hae continued invariable ever since the 43d Eliz. the standard of money is always meant the quan- tity of pure, or fine metal, contained in agiven sum. fn England accounts are kept by the pound ster- ling, which is a certain quanti pointed by law for a standard ” at atime when silver was the standard in England “ All payments abroad are regulated by the course of exchange, and that is founded upon the intrinsic value, and not on the mere names of coins.” Thus, this gentleman, writing 150 years. ago, antici- pated the discussions now going on, and laid down the true principles with respect to the measure of And he went on to say, “‘ We may break the public faith here, and curtail the long-estab- lished measure of property, but foreigners will make ample allowance for what we may do; and, rob or cheat one another, Toco Foco Matches A petition against muking loco ferred to committee on gus or streets, ‘A plan for the improvement of paupers pre- sented by Alerman Gale, was reierred. in Rivingston street.—The committee to whom Ly was relerred, reported in favor of continuing Of copper wires. Croton Dam,—A communication from the late counsel of the corporation, relative to the suit of the Mesars Bailey, for damage done to their works by the breaking of the Croton Dam, asking to bring a writ of error from the Supreme Court, w Sewer in Houston Street Commissioner, .-taplated sewer in the completio:. of the sewers in adjoining streets, was tion of it to another—: tothe subject. Havens by the ovesflowing of a hydrant. ig: Bectteny Bf eet —A communication from the in favor of postponing the construc: Houston street until dried upon the Pe aes backs A communication from the sme officer, rela: ing the streets with granite blocks w: He states that the price of the present mod Pr , and that paving by cubical blocks of il! cost $3.60 per yard, and bridge stone at $1 60 He reccommends the latter as Butchery’ Preniums —A resolution referring the papers preaine, to the joint committee on s 3 Washington and om relative to batchers’ apound than a definite Those who contested Papers.—Tho Tribune and Plebeian were corporation papers, and the Journal of Com- esa, American Republican, Evening Commercial, selected as organ Of such on invention as that in question our readers nt $200 a yess ish will not pay one half the cost of must of course desire to know something, and we believe that the following account of its origin and mode of action will be found correct. ‘There are few persons who have not seen an electrical machine, and witnessed the spark which passes from it, when in action, to any blunt object which 1s presented to The accumulation of clectricit; ed by turning the cylinder or plate has the same tendency to pass to an object which has leas electricity that air has to rush into a vacuum, or water to seek a level,—electii city, like air or water, seeking to establish always on equilibrium, Besides the mode of producing electricity in the common electrical machine, it is also the action of an acid upon plates of different metals properly attached together—a fact discovered by on whuse name is perpetuated in the term of Gal- vantam. ‘The mode in common use of producing lates in a trough wit! which the sup énerated by the action of the acid is ery 1a called the positive, pole of the battery. New, ifa wire Drought near to a wire proceeding from the other end, the electricity passes from the positive to the negative pole, and a spark Post, American, anc .—An ordinance to prevent nd furniture in Chatham square, except other peculiar restrictions, on Thursday’s, and imposin; was presented by Alderman Bunting of the Seventh Ward. Aldermen Hasenovex and Wintiams opposed restrictions of the ordinance aa odious and ruinous to many who carry on business in the street, a4 an existing ordinance allowed the auctioneers to scl] each day from 9 till Bo’clock, and many had rented property and pur- chased places of business inthe rquare, presuming thut the corporation would not repeal the ordinances. ‘Alderman Bentino urged an immediate adoption of the ordinance without reference, ‘Aldermen Hasnaovex opposed the adoption, and con- tended that if the question was to be acted on, it should ba extended to a}l the auctioncers of the city, without re rticular street in which they inight happen oor should be protected as well us the rich in the legislation of the Corporation. A motion to refer to the Committee on Laws was in the machine caus- did represent. much men’s admire them more than to immerse the (Corfiderable laugh- end of the trough or b other end the negati attached to one end of City Hall.—A resolution to comp Deputy Keeper the uty “Keewer of the City Hall to perform the duties of Deputy Keeper o Keeper of the Park, was adopted. "Portrait of Gov. Seward —The sum of $1,000 was appro riated to pay tor a portrait of Governor Seward, painted other, a writer who. passing from one to the other, which is kept up by the ac- tion of the acid on the metallic plates already mentioned ‘The ordinary length of these wires,in acommon galvanic jointments.—James L, Brown wan ap tor of Lumber, and Wm. Ii, Humbert, additicnal Superin tendent of Stages. Officers. —The follow ing day off rancis A. Rows, 24 Ward; Wm. Bow, 7th Ware; Morris Crane, 10th Ward; Charles Denniston, and Wm. Hallenback of the 3d Ward, and Ste- phen Hyde, of the 3th. ; tra tar on hucks and cabs.—A resolution to alter the rdinance relative to licensing hacks and cabs, so the licenses of stable carriages the same as se stationed upon public stands, was adopted. er on the Mayor.—A resol ! nd§Assiatant of each Ward the power of appoint- unday officera of the Ward, and conferring it upon the Mayor, wos teken up, : novex opposed the resolution. zx.ns advocated the adoption of the reso- lution, ax he suid the majority were responsible for the order of the city, and therelore they should have the pointment of those selected to preserve order. ution was laid on the tuble, .—The two Boards assembled in joint tock, when the following appointments pointed Inspec: battery, is but afew feet ; but the: an hundred thousand miles in them in contact with eacn other is aame—that is, the flow through their entire length of a at the rate already mentioned. If, therefore, the machine or battery is in Washington, anda wire from the positive pole is brought to Baltimore and carried back to Washington, the end of it, brought in he negative pole, which is but m of electricity to flow may bea thousand, or fe ‘3 were appoini eing paid in a bank-note, Et a Levi Ives, 4th Ward; (Renewed laughter.) atream of electricit; contact with the wire at few feet long, will cau from Washington to Baltimore and back again aiong the wire ; and it is this wire, co which is to be seen on the doctrines promulgate were the visionary ig here and going back on depriving the Al. oats in Pratt street, the two wires there visible being in fact but the opposite sides of a fire which would be eighty miles in length wore to be understood. iron bent into the wextended. And this Now it is known, that a piece of so! ahape of a horse shoe, or the letter U, becomes a magnet so long as astream of electricity is passing through wire wrapped around it: and the wire, from the positive pole of the buttery, after coming to Baltimore i round u piece ofiron of the proper shape,and then goes back to Washington. 'T'o make this jron a magnet, therefore, in Baltimore, it is only necessary to connect the ends of the wires in Washington, when, so long as they are connect- electricity which passes alon; duces the desired edect upon the iron. When tion is interrupted the iron ceases to be magnetic, and is likeany other piece of soft iron. ‘This magnet, which the Professor has thepower to create at. pleasure, is his prime mover. Immediately over the magnet, say in Baltimore, is a brass lever, with a piece of iron attached to it, wrich is brought within a quarter of an inch or less of the horse shoe Anson as this last is madea magne’ by uniting the ends of the wire at Washington, it attracts the iron on the lever and draws one end of the lever down, causing at the same time the oppesite end to rise. At this opposite which is of steel about an inch long, and about the s:ze of a knitting needle. Immedi- cylinder with @ groove aronnd it, ylus strikes when the magnet attracts a Not far from this roller are two others, revolving in contact, like the rollers nsed to draw out cotton prior to spinning it in a cotton mill, mo very simple clock work mov- ed by a weight. The office of these two rollers 1s to draw from another roller, and under the grooved roller, & strip of paper which is wound round it like a ribband on its centre block. With these explanations the opera- tion of the machine can be stood. When the Professor in W: m Patty, and others, ‘Alderman Cor: cer of the mint, wrapped here ly,and this meeting ‘Aaron Q Thompson was appointed Collector of Assess- Sues the asaieo appointed Inspector of Wood. Lewis B, Sniffin Inspector of Lumber. Wi. J. Peck Inspector of Lime. row], Weigher of Antbracite Coal. Mulroney was removed fcom the office o Keeper of Park. Benjamin W. McC Allen Gorham w brady {rom ottice of Physician of City Job Haskell was nominated Police Justice in Ephraim Stevens, whore term of office has expired. sistant Alderman Hear nominated Justice Stevens. The ballot resulted as follows :~For Haskell 15, for Ste- vens 9, blank 2. William W. Drinker was then nominated as Police Jus- tice in place of Mila Parker, whose term of service has end is the pen or stylu of tine silver, ap- He was whiting other 40 of the. layne, ‘iderman Hasnuovex moved to lay the resolution on the table. He suid he knew not the individual, except by He believed that Mr. Drinker’s reputa- tion was not such as should entitle him ts He had been informed that certain charges had been made against Mr. Drinker, by a prisoner in the Court of Ses sions, which, if true, should prevent his, appeintment anc he, therefore, hoped that the resolution would table to give time to investigate these rumored ‘Alderman Cozarns said ho had made enquiry as to cheracter of Mr. Drinker befere he was nominat caucus, and had been informed that it wax above reproach, He would, however, after these charges had been made, concur in the motion to ley on the table, in order to give Mr. Drinker an opportunity to clear up any thing that could be alleged against him. ‘The motion to lay on the table was adopted. Dr. James Warren waa then nominated as physician to the City Prison. Ald Hasnnocen moved to La: Warren was not a re; tion being given to them by common rumor. ¢ inviting members of parliament to attend here and to consider this cA ‘ e to oppose any al- teration in the circulation (loud cheers) before oe A may be a dot —; B. two dots and a line thus By connecting the however, we may Jine and a dot, thus —— res for an instant only, a dot 1s made by the pres: of the stylus on the pa ; a line is formed by let the wires remain in contact for a longer time, when the stylus is kept pressed on the moving paper. when completed resembles the raised characters used in the instruction of the blind, only instead of the common alphabet, an alphabet of dots and lines in different combi nations is made use of. ‘The mode of connecting the wires as r One of them is ke) mercury into which the ot! denived to send a current of electricity through the entire circuit, the Auid metal forming a conductor ends. The operation of writing consists in pressing a but ton, to which the end of the wires in use is attached, in the 'mannerin which a single key of @ piano is struck by the finger, with a suocession of rapid or strokes, as dots or lines are required have spoken of the #1 in fact composed ot 80 that each setter is made in triplicate. ‘As already stated, the paper aising over the discredit, by bringing Re eee tee ing the ends o exchange against us beyond the par.” Thus this gentleman, writing 150 cipated the discussions now going on, and {aid down the true principles respecting the measure of _ He said also, ‘‘ We may alter it if we please in our own dominions, we ma faith if we like, but foreigners wil allowance for whatever we ma and however we may rob or cheat one another will secure themselves, and make an advantage o dishonesty, by bringing the exchanges agains! us.” In that simple sentence, written 150 years ago, is contained, in of the measure o u wish it might now be considered that these ele- mentary truths were fully established. hear.) But it-has been my duty, as far as possible, teeling as I do the deep importance of thi to. read the different publications which have ap- peared on this subject; and 1 am perfectly con- vinced that there it in this country a general and pervading agree- ment as to what constitutes the true measure 1 may suppose that men give good proof of their sincerity when they publish oe- tavo volumes (hear, and laughter.) Well, here isa specimen of the whole of these publications ; but it is a most complete proof that this great truth, which to many of us appears to be established on the same evidence as a proposition in Euclid, is at this day and hour utterly denied by many persons. Here isa book published on the 25th of January in the present year at Birmingham, (laughter) and more than one person professes to be concernea in n Now, I wish to do justice to all parties, and I say at once that | do not believe that at any other town than Birmingham this, puablica- tion could have appeared; (cheers and laughter) and moreover, tnat I do not believe it 1s in the power of any one person to write so much nonsense tn any one volume. (renewed to be the production ot “Gemini,” and it states ex- pressly in the preface, “* It is right to mention, that although some of the great principles which we have brought forward have been stated to be the principles of the Birmingham economists, we are r desirous to have it understood that to Birmingham alone must be conceded the honor ublic attention to our unjust monetary feel that in so restricting these views we should be doing an acceptable work for the The real fact is, as the newspapers of the lar to those pivanced in every part of the That is the reason I trouble the house with ha > pl discussion — onthe table, because Dr mitted physician. ‘T. Arrowsmith was appointed assistant etreet mer—and the joint} meeting adjournedto Wed- y evening next, 6 Board of Alder immersed in a cup of ipped, whenever it is rmen resumed business, when Ald. Hasbrouck affered a resolution to toke the from the files, and make it the order of the day for the ‘Ald. Miter opposed taking up, and moved tolay the reclutionon tevable, which wos adopted by a vote of 9 to 3. ‘The Board then adjourned till Wednosdny evening at 7 inion, the whole true jue (hear, hear); atic be excused if Ido not merely limit myself to a consideration of those principles which, on a_ superficial view, appear to lus asa single plece of iron, but it three, like u three pronged fork, anre.—Thia Board also met last even- ., President, in the chair is drawn over the grooved ainet which the stylua presses by two rollers which are set in motion by animple clock work—which, the first stroke of the lever—a do- tent orcatch, being withdrewn like the detent ef a stop wateh; and so long ea the writing is ind when the writin; lace, stops the cloc! ‘The first stroke of the lever also little bell, which calls the attention of the attendant to the ‘The whole machinery does not occupy a space of more than one foot by two. ‘We have described the mode of working the machine- sed, but we understand that there are others, which would enable those who want the ex- ience of Professor Morse, and his polite assistant, Mr Vail, who is atthe Baltimore end, to write, by strikin, iano, and marked wit! t—the effect being pro- age of arma over projections on ac: manner of a hand organ or musical bo: i matter to be noticed i ke the Magnetic Telegraph Let us suppose, jew York to New Lhe minutes of the last day’s p ¥ ‘Assistant Alderman Cxanticx moved a correction, after which the journal wis approved Petitions were presented from Peter Joseph, &e., praying for an appropriation for a fire ydrant in 6th the public mind | jy iteturn, is started b: ‘olng on this wetent in done, the detent in kept back tallies into Ite work, aud the paper hn Murray, praying that certain regulations be made in 4th avenue, between 32nd and 47th street. From,Angustus Brown and others, pray ing to bej relea- sed from taxes. From inhabitants in the vicinity of Catherine Market, praying for thezemoval of filth, and for across.walk in ty. lal from Tarael Bower, proposing to contract for the cleaning and paving of the streets, was read ry, fo to kpeak, now w in Troy street, pray- lic walks in that vici- ions from owners of propert ‘orporation to flog the pul nity, Referre: like those of a the letters of the common alphal its publication. nts in the 16th ward, between Sth and the Corporation to erect fences in ‘A memorial from the Anti-Asseasment Committee, with an accompanying report prayin leged grievances, was read and referred Petitions from colored citizens of the 6th Ward, praying pression of latteries and gamblin A NTMENTs —Resolutions ment of M. Brown, of the 9th Ward, Inspector of Lumber; and William Moore, City Weigher, were ad d the adoption of a resolution which ptopoted the granting of a Ivase to James Reymond for the erection of a pier at the foot of Chambers street. Ke relief trom certain al iw that Jt is extended from laughter.) It purports recy aay ‘Alpleabet used iy). The following isthe — . —— (oa). () — —-— Mr. Crtantice mo in order, the Committee on Laws (con- with the Board of Aldermen) reported that the almost the dirtiest in thy w G most destructive to the stre pavement, or the widen- require the rweeping of per week in the large thorough fares, and twice a week in the smaller ones. The report was concurred in. ‘The Committee on Wards and Slips re tively in favor of granting « 1 } Lot {7, at Bulkhead, tor the pary for the annual rent of $50, udject to certain condition A resolution proposing an upprop ornamenting the Park fountain, Ww: A communication from the Com Yor, wants to buy from James Brown m New Orleans 400 bales of cotton até cer Ib. Ha writes accordingly the following letter : ='‘James Brown—buy 600 hales cotton at Scts., John Smith.” folds it, directs it, and sends it to the Pest Office marked “Magnetic Telegraph ” Here it is at once sen! in Smith, in New City of New York heavy omnibuse They suggest a mode of rtron; ing of the carriage wheels, the streets three times day fully prove, ted - Ringo tothe room of the clerk of the h, Who opens it and writes the contents to New here a clerk in attendance at the Post Office at that end of the wires, puts the letter into commonwriting, seals and directs it to John Smith, and sends it off inatant- messenger in waiting. to James Brown writes bock—John Smith, cotton 10 cents, James Brown.” ers—'‘James Brown, biy at 10 cts., I this ie done between New Orleans cw of half an hour, allowing letters from the offices to the md Brown. Or, if it ia destred rreapondence should not be known, Smith and pon a combination of dots and lines m the combination of Professor Morse, some such shape as thi \ ported affirma Row at Wirrsy—Canapa Wast.—We regret to learn that there was @ row at Whitby on Wednesday, at which several persona were injured—one it was fearci mortally. The cause was the same as that in Philadelphin ly so. A guard was placed inthe Catholic Church to preventits being fired by the mob. rose of building # priation of $3500 for offered and referred. ioners of the Alms the Board do not grant permits to «Island, or the Long Island farms, To which Smith a John Smith.” Ani and New York in houses of Smit House, praying that visitors for Blackwell’s con Thursdays, was laid on the table. Petition praying the edopti sures to open Bethune Srurenvovs rewarps —The County Commis- sioners have at last offered a reward of one hundred dol- lara each, for the apprehension of any who murdered or aided in murdering any person in the district of Kensington during the recent riots, and fill dollars, for the apprehension and conviction of any person guilty of arson at the same time. The small amount laced at their disposal, and the trifing sume in which it 8 doled out, render the whole thing one of the most con- temptible faroes ever enacted on a tolemn aubject.— Phil Gasette, June 4. ion of the necessary mow x moved to take up the following then Tee sending j presented by the Assistant fating tothe regulation of ial committer of this aame at the next meet Resolved, That the ordinance Alderman of the First Ward, re the Police, be referred to a Board, and that they report on {! +f James Bi ied and nent to New een | Ipher would be e« to the office, the lerk would sen: Orleans, when ti ip wound from the,machine to the oqunting house of Smith ene | Price Two Cents, fiom: » Cone Resowt yrom Boaro or Acorns Resolutions adopted Bosse Byer pes inspector Of St ‘That the nome of Samuel H Rogers be substituted ior that of James H. Rogers, lutely sppointed one of the tu. apectors, Concurred in. ‘That the resolution of the Board proposing the reduc tion of the slary of Clerk of Fulton market to $1,000. ) Concurred in. ‘That the salary of Collector of Assessment be reduced to $1,000. Concurred in. ‘That the salary of Deputy Receiver of Texes be reduced to $1,200. Concurred in. ‘That the salary of Regulator of Public Clocks be redu ced to $400, Concurred in, ‘That the salary of the Collector of City Revenue be re- duced to $1200. “Concurred in. ‘That James W. Wright be appointed City Weigher— Passed, That Wm H. Williams, who acted aa Street Inspector, | 34 Ward, be refunded certeim monies expended by him "anved, ‘That William Y. Wood be eppointed Wood Inspector. Passed. That John Boyd be appointed Inepector of Lumber. Passed. A petition from inhabitants of the 4th Ward, proying the correction of a nuisance in that vicinity, was referred on motion to the City Inspecter, with power to ect in the premises. ‘A communication was received from the City Inspector in relation to the filling up of portions of 9: and 10th ay- enues, between 28th and 32d streets. The Board concur- red in the course adopted by the Inspector, Report from the Croton Aqueduct Committee in rela- tion to dameges sustained by Mesara, Thompson and Referred. For the erection of a weil and pump in 126th street be tween 3d and 4th avenues. —Keferred. Resolution from the Board, granting an appropriation ef $1,000 to defray the expenses of precuring @ likeness of Ex.Governor Seward, — Passed. A resolution proposing that the Comptroller receive the proposals for all appointments to office, with the names of the securities.— Lost. ‘The Board of Assistants here went into Joint Ballot. The Board of Assistente returned after remaining in Joint Ballot with the Board of Aldermen tor about an hour. Mr. Horw proposed a resofution, that all deceased bodies be removed tur burial to Randall's Island, in covered carts and boats, "An amendment was offered by Mr. Divver, when 6 mro- tion to lay the resolution on the table fered and lost. ‘The resolution was referred tu the Committee of Charity an The Board of A evening next at 7 tants then adjourned to Wednesdoy joc! cra) Sessions. nadge, and Aldermen Cozzens and Willliame. Jonas B. Puitrivs, Esq. Acting District Attorney. Junge 6 — Robbing a Porter House Keeper, -Jobn Dono- ven was put upon his trial on acharge of grand larceny, for stealin 160 from Thomas Fenton, of 49 ‘Cherry street, on the 14th of April last. Donovan was an nc- quaintance of Fenton, and was left in the room where the money was deposited on the day in question, when the money wou «tolen, He was among the missing imme- diately alte; dé, and was arrested in Philadelphia. Evidence was also given to show that Donvan was seen Jeaving the premises of Fenton in great haste on the day in question, and also that a few days previous to the 1ob- bery, he pawned some tools and clothes to raise mone which were redeemed the day ufter the robbery charged aa having been commitied. Mr. Foley testife that Donovan came to hia place on the Sunday in ques- tion without a hat or coat, and borrowed these articles to wear, A green baize coat bei nging to Donovan and his hat, was found in the room from whence the money was stolen. The prisoner was defended by Mes Smith and Russell, who called officer Joseph, who testified that Fenton was excessively intoxicated on the day in ques- tion, but produced no other testimony in explanation of the conduct of the accused. The jury, sfter @ short wb- sence, returned @ verdict of guilty, and the prisoner was remarlded for sentence in order to allow his counsel to prepare a bill of exceptions. Sentenced. —Nicholas Cassidy, convicted on Tuesday of Aconspiracy to defrand John Hague of $150, wes sen- tenced to a fine of $190, ond Patrick A. Bigley for the some offence, to imprisonment in the city prison jor one mont) ‘The sentence of the last named person was commuted on account of his ill health and poverty. Lotury Ticket Vender —Jobn D Holly, indicted for s¢11- ing lottery tickets to Henry Brous, und passing @ worth- les# $20 note in payment for a prize, entered a plea of guilty, but sentence was postponed. Jurors Fined.—The Court ordered a fine of $25 each to be imposed upon nine of the petit jurors, who were al- sent When their names were called. ‘The Court adjourned till this morning at 11 o'clock. Before Recorder Val Common Pleas. Before Jndge Ingrebam. Wenngapay, June 6.—Extraordinary case of high-handed oppression.—Captain Thomas Tramble, late un officer in her British Majesty's service, who sold ont, and arrived in New York # few weeks ago, ay/peared before the Court, accompanied by his counsel, Mr. Major, and lodged: on affidavit a compiaint ugainst two porrous, named Joba er Andrew Gilhooly, under the following circumstenvre Itoppeared by the affidavit, that Mr. Trumble put up at the Northern Hotel on his arrival, with his tamily, eon- sisting of a wife and six daughters. He subsequently took part of the dwelling, No 130 William street, which he occupied, commencing on 6th May. On the 2rd of June, the defendants, it appeared, withont colour of law, forcibly ejected the complainant, who labored under a vere attack of rheumatism, tossed his furniture out on ¢! street, and forcibly ejected Mrs Trumble and the Misses Trumble, leaving them all to,shift for themselves, ax best they could amongst strangers, Notwithstanding, Mr Trumble’s having offered to pay any money on demand, which the Gilhoolies claimed from him Both the Gil- hoolies are bound over in a sum of $1000 each, to nnewer Jackson vs Staniels.—Belore Judge Daly.—In this case, reported in yesterday’s Herald, the jury rendered a ver: dict for defendant. In the course of the examination of one of the witnes- ses—Misw Nash—who was recalled on the stand, ex-Ald Scoles, who was employed for the defence, and Mr. Cook, who was engaged at the opposite side, had a sharp con tradiction in relation to acertain point in the witness’ testimony, which terminated in the ex-Alderman’s plain- ly telling Mr. Cook that he “asserted what was untrue.” was an action of assumpait brought on two promissory notes due for $1,000, and the other for $900, given in part payment to Mr. Clement Hencock, for the purchase of the steamer Rufus King, {rom the firm of Stebbins, Wood, and Stebbins. A mortyage was executed on the Ftesmer, and it became the drawer or endorser of the m for the accommodation of Hancock, who afterwards * ented a bill of sale to secure the payment of all debts to which the vessel was liable. Stebbing, into whore hands the notes came, assigned them over to plaintiff, who was one of the firm of Wood & Co, and subsequently became bankrupt. The defence put in was that ¢) ihot sale ex tunguished in Jaw the notes of the firm ing assigned © Messrs, Willet the original mortguge, and eppoinied an attorney to collect the sune The Court directed a verdict for plaintiff $2,241. Defendant took exceptions, and the case will be carried to the Supreme Const. U, § District Court. Before Judge Bette. Jnne 5.—Lowe, owner of sloop Charlotte, va. aeamboat William Young.—This waa an action to recover damoges for injurtes sustained in consequence of a collision which took place between the steamer end sloop on the North River, on the 28rd of October fest. The sloop was laden bs a curgo of coal, and sunk subsequently-off West Point The case stands adjourned over to Monday. Bankruptcy —His Honor will be occup’ ruptey cases during the remainder of the week. arine Court. Before Judge Randall, June 6.—Mesault and Battery ~ Patrick Castellan v6. Peter Peterson.—An action bronght by the steward of the ship Auburn, for assault committed by the second mate on her late passage from New Orleans. The jury could not agree, and were discharged. in bank. Court of Krrors. June 6.-~Northrup vs Wright.-Mr. B. F. Buti na closed the argument in this case this day Civentt Court. Before Judge Kent Jone 0.—Smith vs Fandervoort and Hayward —In this ene reported yesterday, the jury will rendera sealed verdict this morning Court jendar—This Day. Crnevit Covat.— . 42, 11, 28, 14, 24, 271, 80, 39,6, 7, 4, 91, 40. Common Pieas.—Nos, 30, 8, 10,24, 40, 19, 97, 5,96, 45, 47, 8, 26, 20, Screrron Cour U4, 25, 26, 27, 26, 3 Nos. 8, 18, 14, 19, 17, 18, 90,99, a3, 30, Wreat Crop i Virainta.—The farmers along the river below have been engaged in harvesting for a week ormore. 80 far favorable to ail the operation ‘inue. As to the nature of the crop we have no general information; ont may fairly coneiude that as the com plaints have been few and very far between, the crop is a good one. If it were not wa should have heard the fect. weather has been most fnd we hope will 0 con- ‘tis canse for heartfelt rejoicing among us all when this mportant crop encoeeds, one of entation when pe. No cropenters #0 generally into the commerce of our Sate none. 18. ‘widely dintueed, dinpensing 60. much good and paying off so much debt in oll clastrs of society Uhie city, eepeciatly, feels the edvratages of a good wheat crop, or xuflers heavily from ite failure. Richmond Compiler, June 4, Rownery ar tar Weer.—A Louisville paper of the 20th ult. says—We learn tha about five o'clock last evening the clerk's office of the steambont Hiwaase< was broken open, and robbed of about $3000, $2700 of which were Kentucky , and $200 gold. The mo ney belonged to Capt, Wilson, of Paducah, who is here for the purpose of building # bont.