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NEW YORK HERALD, February 27, 1825. ‘The Independent Newspaper Press. There is notning which more clearly indicates the mighty icflueace exercised by the newspaper press iu the formation and direction of public opt. nion, than the rapid decline of the most pretend- ing deseription of magazine literature. This indi- cation is afforded in England us well as in this country. The pompous reviews which some years ago pronounced irrevocable judgment ia the world of politics, literature, and science, have now lost almost all their power, no longer inspiring dreads and ceasing to command respect. They are, in fact, rapidly becoming mere “‘ annual registers”— the record of events which have passed, and of opinions that have been fixed forever. The news- paper is now the authority and the judge—the great literary, moral, and political tribunal. In <his country the influence exercised by the newspaper press —we mean the independent portion of it—during the last ten years, has contributed immensely to the progress and prosperity of the Republic, the growth of free opinion, and the spread of liberal and enlightened views in a!l the great departments of human life. Before the esta- blishment of the cheap newspapers, as they are called—the cheapnessfbeing, however,only one ele- ment in their character—the daily press was as low and powerless an can well be imagined. All that was attempted was to give a synopsis of the current news of the day, and that was but very in- differently done. In point of talent, industry and enterprise, the newspapers of that period were quite despicable. These were the palmy days of cliques—of intrigue, corruption, aad manauvre. But the establishment of the cheap, inde- pendent newspaper press commenced a new era in the history of this great secial in- stitution. Its cheapness enabled it to ad- dress itself to all, and being forced to maintain its existence by the exercise of the greatest indus- try and energy,it soon diffnsed itself so universally, as to obtain an influence and power never before dreamed of, and which very few even now can ful ly appreciate. At this moment the independent newspaper press is in fact the government of the country. Alwaysin advance of legislation—crea- ting, shaping, correcting, informing, directing pub- lic opinion—it originates law, exposes abusee, sug- gests reforms, sustains the moral forces which keep society together, and sways the destinies of the na- tion. And how does it effect this? By its daily diffusion of all epecies of intelligence, and its inde- pendent and philosophic views on all subjects. Its only aim and condition of existence, is to circulate ‘THE TRUTH about everything. Hence its influence is as omnipotent as truth itself. When we come to contrast the influence of the independent newspaper press with that exercised by any of the other agencies which bear upon pub- lic opinion, we are at once enabled to discover its vast superiority, Compare it tor instance with par- ty journalism. The party papers are every yea: losing what influence they ever possessed.— ‘Their gross indecenciegand ecurrilities—their false- hoods—their forgeries—their contempt alike of all the courtesies of civilized society and of every prin ciple of honor and integrity—have rendered these party organs the object of very general disgust — They are nottrusted even by those factions whose selfish interests they profess to serve. ‘hus we wee the Evening Post scouted as the representative of the democratic party by one of its own Senators, and thus we fiod the whig organs in this city abu- sing one another as traitors and liars, and one of them, the’ Courier, at this moment denouncing the nomination of its own party for the Mayoralty of thie city. Hence it waa that during the last elec- tion, both whigs and locofocos cast aside their own organs as unworthy of credit, and looked only to the columns of this journal for accurate and trust- worthy political intelligence. The party journals are indeed the mere tools of petty cligues—they have no influence on public opinion. Then,again,let us compare the independent news- paper press with the pulpit—and we shall see how much more influential the press is in pro. moting the cause of virtue and morality, than even that great instrumentality for good. The establishment of the christian ministry, we regard as one of the greatest blessings. It dis covered the wisdom and benevolence of the author of Christianity. But it has sadly failed to accomplish its mission. The bad passions of world ly men who have found their way into the sanctua- ry—the bigotry of opposing sects—the intolerance of dominant religious systeme—the intrigues and struggles for ecclesiastical power and place—the in- fidelities and immoralities of the priesthood—these oauses have, age after age, weakened the influence of the pulpit; and in these times especially, what with violent and unchristian polemicai controverey and laxity of morals, the clergy as a class have wofully failed in accomplishing the objecte contemplated by the Redeemer of mankind when he commissiened the firat faithful preachers of the Cross to go forth and convert the world to God. But the independent newspaper prees has well sus- tained the character of the aid and ally of the Christian ministry, such as Jesus of Nazareth intended it to be. It has torn the mask from the hypocrite—it has exposed the canting Pharisee—it has rebuked the snarling bigot—it has laid bare wickedness in the sanctuary—it has defended pure religion from the insults and attacks of its professed friends—it has inculcated the philanthropic and refining and harmonizing principles of Christianity —it has, in fact, labored to commend to all men a strict observance of the simple precepts which Jesus enforced upon his disciples in Judea, as the oaly sure means of happiness. We can, at least, declare, that the aim of this journal has ever been to show that religion, stripped of cant, hypocrisy, and sectarianiem, is the only foundation on whicn the prosperity and happiness of nations or indivi- duals can repose. Thus, then, in politics, in finance, in literature, in morals, in religion,—in all the great concerns of society,—the independent newspaper press exer- cises an influence, pervading, salutary, and irre- sistible. Such an agency mustof course be feared, hated and despised, in many quarters; but every man who wishes weil to his couatry and his race, —who has himself a sound miad and sound morals, —will mest joyously note its progress and share in all its triumphs. British Intrigve.—It is really amusing to eee the efforts, which some of our contemporaries are making to convince the world, that the intelligence which we communicated respecting the astounding discovery of the intrigues between Great Britain and Santa Anna relative (o the Californias, was all fable. The poor, envious and imbecile creatures, are wriggling, and puffing and blowing, and shout- ing out as loudly as their weak \uage will permit, that the story about the papers found in the pos- session of Santa Anna, disclosing the designs and intrigues of Great Britain, is all “false —** fulse’™~ “‘false."* Some of the scribblers at Washington, are circulating a statement to the effect, that Mr. Pakenham has pronanced the whole to be a fabri- cation, This is indeed rich, It is exceedingly likely that the British Minister at Washington coments himseit by an eh etutements one way or the other. He knows something about the duty and digaity of a diplomatic agent, and is not exact- ly, aust say, the man to torget either. The information communiecxted by our corres. pondent was perfectly authentic, and the facts are now in the possession of the State Department. {n due time, the public will be fully informed of the whole matter, {rom an oflicial source. Inaveoration Festivirigs.—Great preparations are making to celebrate the inauguration of Mr Polk in this city. Amongst other festivities amag- ifieent féte at (he Tivoli Saleon, under very res clable management, is in preparation AvnoTuer Exrraogpinany DaveLorMENT OF “Native” Economy ann Integrity —We have just discovered a fresh instance of the integrity and economy of the present reforming Saints in the orporation. A number of the auctioneers down town were recently agreeably astonished by the re- ceipt of the handsome donation of $200 each from the Corporation. They were quite at a loss to imagine the motives which had prompted this ex- traordinary manifestation of municipal genero- sity, for they were altogether unconscious of ha- ving rendered any services equivalent to the value of the gift The money came indeed almost as mysteriously to some of them, as those payments which the Secretary of the Treasury occasionally acknowledges in the papers, and which merely re- veal the fact that the consciences of some govern- ment creditors have suddenly been awakened after a slumber of fifteen or twenty years. The auction- vers thus mysteriously rewarded are Messrs. Lud- low & Chilton, Bleecker & Vau Dyke, Franklin & Son, and Wm. H. Jones. The Messrs. Franklin it appearsreceived their $200 without any previous intimation whatever, and we believe that this was also the case with Bleecker & Van Dyke. This case appeared so extraordinary that we took the pains of making some inquiry into the circum- stances, and we are happy to say that we have at length succeeded in being able to throw some light on it. It appears that there was recently asale of Corporation property. The expense of getting up the sale, preparing the maps, advertising, and so on, was all defrayed by the Corporation. The gentleman who effected the sale received $70, but the Corporation considered that sum as quite a paltry expenditure, and impressed with the conviction that in order to sustain the character for consistency, their disbursements ought to be in keeping with the increase of taxation, they voted an appropriation of one thousand dollars for the expenses of the sale, which was distributed as we have stated, amongst the highly respectable auc- tioneers whose names we have given,two hundred dollars being also paid for the use of the room in the Exchange, although the auctioneer who really effected the sale was entitled to the use of it with- out any such payment; and, at all events, the sum paid was considerably greater than what an auctioneer pays for the use of it throughout a whole year. ° The fortunate auctioneers and the public will now, perhaps, be able to appreciate more fully and accurately the motives of the Oorporation in this munificent expenditure of the public money. We do think that the annals of municipal corruption will be searched in vain for a more shameless and audacious piece of party profligacy and extrava- gance, Here we have one thousand dollars of the public money squandered for purposes which are apparent enough to every one, and all this by a Corporation who went into office under the most solemn pledges of economy and purity in the ad- ministration of the city government! When did either the whigs or locofocos, corrupt and extrava- gant as they both have been, ever commit such an act of open and barefaced corruption? It does indeed appear that retributive justice already begins to pour out its vials on the miserable, inefficient aud corrupt party now in power in the Corporation. Yet these are the men, who, after increasing the taxes to the enormous amount of $250,000, and are now profusely equandering the public money in the most impudent efforts to conciliate and obtain supporters, present themselves to this community for re-election ! Mayor Harpgr aGajn a Canpipats.—HisHonor the Mayor has written a letter signifying his accep- tance of the re-nomination. Here it is:— Mayon’s Orrick, New York, Feb. 24, 1845. GentLemen—I have taken some little time to consider, whether I should accept or decline the nomination with which 1 have again been honored’ by the American Re- publicans of the city of New York, as their candidate tor the Mayoralty. Tae motive has been, not want of respect or gratitude for such a renewed expression of confi- dence, but simply a desire to be convinced that there wos no reason why | should seek to make way for some other andabler man. I have considered this point maturely, and though I cannot but think and feel that a more wor thy candidete might be selected, I nize, also, the right of my fellow citizens to call upon me, and my pity. as one who owes them much, to place myself at their di sal. Lia) therefore accept the nomination, and am, with high respect, Your obedient servant, JAMES HARPER. This is quite a characteristic and funny little do- cument. A wilful man will have his way, and his Honor will have his joke. Even in this laconic epistle there is an infinite deal of dry humor. Mayor Harper, as a private individual, is an excel- lent, moral, honest, upright, pious and worthy man. But he has discovered himself to be altogether un- fitted for his office. Perhaps with an intelligent, active, and efficient Common Council, he might have got on tolerably well; but with the miserable, inefficient, hypocritical set of men associated with him in the government of the city, the poor Mayor has made asad failure. We donot think that he will meet with any formidable opposition in going out of office. The whigs are preparing for the contest with great force and determination, and have sworn to sweep the “natives” with the besom of destruction. It will be a very amusing fight. Mr. Postmaster Granam —The Postmaster left this city on Tuesday last for Washington, in com- pany with Mr. Thomas of Tennessee, the law partner of the President-elect. Well, so far as the business of the Post Office is concerned, we are not likely to suffer much by the absence of the Postmaster. We believe that we will be able to get on as well without him as with him. But we do hope that the time is not far distant when we shall have a Postmaster who not only understands his duties, but who will be willing to devote his time and attention to the discharge of them—one who will mind his business, instead of running backward and forward between New York and Washington, like a parched pea on a hot shovel, eternally on the fidgets, trying to keep his place. The “ Colonel” has succeeded so well in humbug- ging poor Mr. Tyler, that he is now emboldened to try his hand en Mr. Polk. We shall see, to use the vulgar phrase, how he will ‘‘ come it over” “ Young Hickory.” Tue Ciiques —The Morning Newsstill continues its attacks upon the Collector and the patriotic officials of the Custom House. Yesterday it made quite an elaborate effort to convict Mr. Van Ness of grievious offences against truth and democracy, but it rather failed. The truth is, that as the Idee of March approach, the quarrelling and squabbling amongst the democracy here increase with fright- ful rapidity. The contest between the whigs and locofocos was not marked by so much malignity, bitterness, and inveterate hate as is the struggle between the various cliques of the democratic party inthis city. The Evening Post is openly denounced in the United States Senate, as not entitled to the cénfidence of the party—the Morning News is the organ of the mere fag-end of a faction, and the Plebian isin the hands of another. When is all this to end? ‘THe ‘Tomes or America” Becoming Senti- MENTAL. Yesterday the “ Times of America” re- tailed nearly acolumn of amusing twaddle about “* Wall street by Moonlight.” Which of the ‘*Co- lonels” has become sentimental? The twaddle had all the incoherency of the one, and all the hy- perbole of the other. At all events, whoever the writer, he appears to have indeed fully owned the influence ot that queenly orb, who, it is credibly affirmed, “ Over moist and crazy braina Jn high spring tides at midnight reigns.” Jons Jones ano Moses Y, Beacn.—John Jones, of the Madisonian, in the last agonies of dissolu- tion, appeura to have inirly fastened himeelf on the reepectable Moses Y. Beach, and is still harping away about the wicked insiauations against Mr. Tyler, which that o:ly old penvy-a-liner, M. M Noah, put forth in the paper published by the emi- nent financier. Turn over, poor John Jones, and die decently Nortutey Mam.—This mail will hereafter close in this city at 8 o’clook in the afternoon, ment, Another numerously attended meeting of this as- sociation was held last night, at their Rooms, cor- aer of Ligpenard street and Broadway, at which a debate took place upon the propriety of reforming he penal code, by the abolition of capital punish- nent. Both sides of the question appeared to be fairly represented, and the proceedings were con- ducted with due order and method—the motto, audi alteram partem, being scrupulously and very vroperly observed. Mr. Puito Price, in absence of the regular offi- cers of the association, waschosen as President, whereupon— Mr. Bauicn was called upon to address the house. — He said that none of the officers of the Society being able :@ attend, due exertions were made to procure s| era— aot to advocate the cause which was dear to the Society, for that was unnecessary, but to hear what their opponents nad to say against it; and if there were present any ad- vocates of the gallows, they would be gladly listened to. He was happy to observe various signs of a growin, spirit of benevolence, hilanthropy, such as woul unishment ; and, among was effected in as well as elsewhere In proof of that, enly this eveving one of the most in- fluential and respectable journals of the day had made aome remarks, which were strongly in favor of their principles, and showing a strong S against the inflicuon of the punishment of death. (Mr. B. here read hort article, such as he described, trom an evening paper.) When it was remarked, that but afew years ago, aot one of pers would risk their reputation by king up the subject favorably, whilst now six or seven of the most influential among them were the advecates of the cause, there was reason to hope that it would eventually prosper An encouraging case was found in that of a professional gentleman of eminence in this ci upon delog invited to take a part in their discuss clined, assigning itas partly his reasen for doi his convictions were so far modified lately, that temly tell what side he should take, if he came forward to make an address onthe subject of capital punishment. Approiniin ) Thecause was progressing, and all they had to do was to attract public attention to it—to reason and spread information, until that last relic of barbarism should cease to disgrace their country. Above all na- tions, America should be first and foremost in the cause of humanity—first to act in obedience to that authority which said vengeance was the Lord’s, and he would re pay—the first to ize thef secr+dness of life, which, as the gilt ot the Almighty, none but He could give or take away. Ata former meeting of the Society, acase was alluded to, which occurred in Europe, of a man who cop essed himself the author of a murder for which another had been executed, and the last steamer bore an account of another, in which two boys, convicted of a capital crime, aad persisted till the last moment, and on the threshold of eternity, their innocence of that for which they were abont to suffer; and he thought from all the circumstances chat there was no question oftheir innocence. In addition to these they had but to look at home to the execution at Troy, to that at Worcester, te that at Providence—in all which cases there was none but circamstantial evidence adduced to procure conviction; the unhappy victims so- lemnly avowed their innocence whilst breath remained to them. It was a horrifying thought that life was thua to be taken with the sanction of law—that a jury would re- turn a verdict of guilty upon evidence barely circumstan- tial. In this age of christianity and benevolent enterprise was it not a wonder that these barbarous, and he would almost say, infernal institutions, should be supported bi christian men—even by ministers of that religion whic! teaches us to render good for evil? And it was a fact that among the advocates of the gallows there were found ma. ny ministers of the gospel of mercy and peace. In this atate of things how could they remain content to see that religion perverted, and held up as crying out for the b'ood of vengeance at the hands of mortal man? It became them then, although they might be misrepresented, laughed ut and maligned, to use their best efforts to spare human life, to preserve that which God bestowed on man, and to ne- ver desist from their labors until the gallows were cut down and destroyed fore (Apprebation.) The Parsinent here arose and addressed a few words to agentleman in the audience, inviting him, as was un terstood, to address the meeting, which he declined to do for some reason, statement of which was not audible tothereporter. Aftera few moments, however, Mr. Rickerson took the platform. He at once perceiv ed, he said, that he had an intelligent audience to address but whatever criticism he might expose himsrlfto, his de sire to have the cause weighed. he would lay a few argu ments before them. The question of the nbolition of capi- pn damp was worthy the consideration of the Le- gislature as well asthe people, from whom all law eme- nates. Whatever attention he had given the subject war with an honest purpose, and the result was, that he could not be satisfied that it would be expedient to abolish the punishment of death in all cases. R. then commenced a plain, vigorous, common sense argument in support ot the retention of capital punishment; but he candidly con- feased that he did not endorse the decrees of Jaw as it a! present stood, nor would he desire to see the infliction of death, except in a case of deliberate and intended murder. He thought the distinction made betweem arson in the first and second degree bad ; if there was to be such, he would reverse their relationto their respective punish- ments. Burning at night was regarded b; a more atrocious than burning by day, and because of the greater facilities for the escape of the culprit, it was pun- ished higher Perhaps that was a sound principle, and ove neceseary to be observed, when the safety of society wos regarded; but to look at it sulely upon itsown merits, he could not help thinking that the audacity, the boldness and recklessness of the day light villain addeda d v tinge to the crime. However the law in its apprecia jon of the matter was led for the common weal, to punish ina higher degree those crimes on which secresy and other tacilities for escape rendered double vigilance necessary Who could then defend the propriety of doing away with death as a punishment for the wretched miscreant,who in depriving his fellow creature of life, felt Page! encou. 1d thereto from some persuasion, that in doing so, the only one who could testify to the act was silenced for ever? Mr. R. contended that the end of punishment was not so much vengeence on the individual as a lesson to society ; it was to deter from and prevent crime, more than any thing else. Hecould only account for the hostility to pu ment by death, by the fact that there was a spirit of change abroad, very often reckless, impatient of contro), and which sto not to examine general principles of justice and wisdom. The scriptural objections of the abolitionists were criticised in a very searching man. ner, and the infliction of death vindicated om the ground ot its analogy to the divine institution of rewards and punishments, as seen in the administration of the uni- verse. The Rev. Mr. Batiow replied with much energy and some warmth. Hecontended that reformation was an es sential end to be kept in view in dealing with criminals, and it was a false pi iple to forget the criminal in over aolicitude forthe general safety. He quoted the language some of the most distinguished of picketing phoren! it] with him. But suppose that prevention was the first and primary consideration, did experience shows capital punishment fit te secure it} No such thing, as was proved most clear- ly by facts. Worcester, in Massachusetts, was the scene of the last execution and the lest murder, in that State.— Troy was the scene of the last execution and the lest murder in this State; and so in several others. The speaker entered into a long discussion of the scriptural arguments used in defence of death as a punishment— showing that the deelaration, who sheddeth man’s blood, by man shall his blood be shed,” did not applyfun- der the gospel dispensation—that Noah and Moses were —_ hori matters relative to creation and pro- vidence, but of no weight when they conflicted with the last, the divine teacher, Jesus Christ, whose doctrines were alone to be binding and of sole authority. It would be entirely ond our limits togive even a & ‘etch of all that was on Sieed Le Lap it to that the m Qy to be satisfied wit pro- caedings tureeghace the debate is to be renewed shortly. Native Economy —-Alag! for the “natives!” Their last sad effort to replenish the sunken financ- es of the city treasury manifested itself yesterday, in the disposal, by public auction, of the Corpora- tion plate—the sale of which amounted to about 300—the purchases being made by three or four of the corporators. The spring election is near, and it appears the poor “natives” are determined to make the most of their time, during the remain- der of their stay. Quere—Ought some $2,000 worth of plate to be sold for the sum of $3007 But thi 1 “economy and reform,” according to the “native” catechism. Our Morats anp Manners.—Pearl street ¢x hibited a humiliating spectacle last night. About nine o'clock one of those pitiable outcasts, half deranged by vice and desperation, was seen hurried along in the iron grip of one of the redoubtable M. P’s. She was the centre of a group of gaping, staring—and, sorry we are to say it—of mocking merry-andrews, who could see nothing in the case of this poor outcast, but a mark for jest and ribald- ry. Had they not brains enough to reflect that, however degraded and abject, she was still a wo- man? Where were their eyee, that in her tattered garments and dishevelled hair, and distorted fea- tures, they could see nothing to disarm malevo- lence, sober frivolity, and soften stolidity? O! ye darling young desperadoes,—ye (ervent firemen! O! ye wary sentinels of the night-watch—artfui dodgers of the M. P.’s, and corporals of the fire plug and hook and ladder! why brandish your staves, and play the engines of your scorn against that forsaken daughter of degradation! Mercy will never despoil you ot claims to courage, nor the smallest dash of feeling for the woes of other: detract from your manhood. Hush!—do not d—n 80; no, nor grin; nor writhe your body with con- tumeliove contortions. Jf that forlorn ereature were not dragged so, she would be the steadiest of the party. Asit is, in good truth, she ig less to blame than the swaggering rowdies who surround her—who have just ingenuity enough to be her tor. menters, but are far too despicable to carry her cross. Go honf,—ye puffing, whistling, blas pheming clod-poles. Do not come forth to taunt unfortunate women Consut at Haver—It is ramored that Mr. Bees- ley, the American Coven! at Havre for the last { twenty years, has been removed by Mr. Tyler. Soclety for the Abolition of Capital Punish-{ cae aca United States and New Grenada. ° The following is an abstract of the articles of the Postal Convention, concluded and signed at Bogo- ta, March 6ch, 1844, for the “‘purpose of drawing more close'y the relations existing between the two countries, and of facilitating the prompt and regu- lar transportation of the correspondence of the United States acrose the Isthmus of Panama.” Art. 1. United States packets of war are to convey to Chagres or Porto-bello mails destined to cross the Isthmus of Panama ; the Postmaster of either place to forward it to Panama at the rate of thirty dollars for each trip, if bers be not more than one hundred pounds; and each additional hundred pounds for twelve dollars. Ant. 2. The rates of postege as at present established in New Grenada to be paid on all letters and popers des tine for any point on the Atlantic Coast cf New Gre- nai ‘Ant. 3. The United States Agent is to deliver to the Post Office at Panama, all the correspondence directed to that or other es in Grenada, reserving his own letters: and the rem r of the correspondence- the latter to be forwarded the frst opportunity. Art 4 The Post Office at Panama isto forward the bag or packet received from the United States agent, to Chagres or Porto bello, and to deliver it to the United States Consul or agent at either of those places. Ani. 5. The carriage of the mail, in either direction, is to be paid by the ‘United States agent or consul, at Po- nema. Arr. 6 and 7. All official and private letters and news- papers to be conveyed by the said vessels, free of all com pensation, between the ports of Gronada at which they touch, and the United States ; also, between any two ports of New Grenada at which they may touch. ‘Art. &. Should nited States employ steamers, the coals brought for their use are to enjoy in Grenada ports, the same exemption as is granted in the case of any other . All advantages accruing to either the United States or New Grenada, from the above stipulations, are to be regarded in virtue of the obligations incurred in the present postal convention. Arr. 10. The provisions of the convention to be carried into effect by the United States consul or agent, and the Governor of Panama immediately after being apprized of its ratification by their governments. Arr. 11. The present convention to remain in force for eight years—and for a further term of four years, unless either party express by a six months notice, its wish that it shonid terminate. Spienpiy American WeaTHER —Yesterday was another beautiful day ; it made everything and everybody look cheerful and happy. All the streams being open, steamers have begun torun regularly to the different points on the North and East rivers. On Saturday the mammoth steamer Troy, W&c., begin their trips to Albany; the Columbia left for that place last evening. In all parts of the country the mild weather is breaking the fetters of winter, enabling the spring trade to open early. {From Alban; Shee vee agp he i doul 9) e ice began to move iny A the afternoon it passed out of the river sony. The freshet on the dock was inconsiderable, and at 6 P.M. it had declined ene foot. The water continues to fall this morning, while there is but little ice to be seen. [From Rochester Adv., Feb. 21.) Yesterdsy made large inroads into the banks of snow which the late storm ae up in our city, aided by o warm and mellow looking sun, and a bland southern breeze. A few consecutive days of this character wil! cause a revival of the sound of the axe and the hammer, and add materiallyto the compass of the monotonous boom ofthe Falls,” whove voice already has anything but th babble of a half grown cascade. {From Quebec Gazette, Feb. 17] ‘The weather has again become mild, wind southwest, thermometer at the freezing point. The north easter! storm, which commenced on Saturday and con:inued with greet violence throughout yesterday, has added an addi- tional deposit of snow to the large quantity already fallen. During a part of yesterday we had rain and haul, the latter driven by the furious wind which pravailed, rendering it exceedingly unpleasant to those who were necessitated to venture out. [From Albany Atlas, Feb. 24.) Reports are in town that the Mohawk has broken up. The water has risen full two feet since yesterday morn ing, and is still coming up steadily; being now even with the docks on Quay street. {From Grand River, Michigan, Eagle, Feb. 6.) Our citizens are waiting, some of them with great anxi- ety, to hoow what the Father of Michigan waters intends doing. For severel days the floating ice has been dem. ming up the current, till now the river seems to be cork- ed up as tight a: a bottle, about the islands; and the back water bas inundated the salt blocks and the machine shops adjoining. We fear much damage will be done should the water make a fair breach in the canal. {From Boston Transcript, Feb. 26] Tue Weatnen —We have had delightful weather since the rain of Sunday. The eky is clear. and the atmosphere as soft and mild as May. In New Hampshire, Vermont, and Western Massachusetts i is glorious maple suger weather. sl Nortx River Sreamsoats.—It is expected that there will be a great deal of steamboat competition on the Hudson river next season. Capt. McLean, so universally popular for many years in the Swallow,” has, we perceive, relinquished allcen nection with the present owners of that boat, and will soon announce his appearance in a new and splendid line, in opposition to the combined mono- poly on the North river, Tue Miurrany—rue “ Montcomery Guarps.” —This company has recently adopted a new and magnifivent uniform, got up in true military taste by Mr. Nickenson. It is rapidly augmenting ite strength, and gives its annual ball at Niblo’s, on the 3d of March. ‘Tue Inpgrenpence Guarps gave a very elegant ball and supper at Niblo’s last night. Parx Tueatnr—Never did the histrionic stars of the greatest magnitude draw such crowded houses within the walls of ‘Old Drury,” as Genera] Welch and his talented company of Equestrian: does at the present time. Go and see—they are well-worth visiting, Theatricals, &e. The Misses Bronson, assisted by Master G. Benkert, ve a Concert in Carusi’s Saloon, Washington, on Fuceday evening, which was well attended. + Mrs. Penson and Mrs. Lewis are proving very attrac. Adv., Feb. 25.] lew York and this city is un- esterday morn tive at the Hamburg Theatre. Mr. Hopkins, manager and rietor ofthe Menagerie at prevent ‘exhibiting in New Oricons, had. his trunks sto len, containing upwards of $1000, by one of the colored servants in the establishment where he boarded. It was eee recovered with all the property and the thie! arrested. Mr. Anderson had a bumper benefit at the St. Charles theatre, New Orleans, on the 18th inst. There is a rumor floating in Boston that the large lot of land on Howard street, now occupied by the Taber- nacle, was purchased a few days ince for the new theatre Mr. Hackett arrived in Paris, and shortly afterwards returned to London. Mr. Forrest has returned to London from Paris. Mr. Booth has been re-engeged at the National theatre, Cincinnati. Personal Movements. Mr, Robert Owen is delivering lectures in Washiugton, explanatory of an entirely new and highly’ superior state of humen existence in principle and practice. Messrs. Henry and Keevil were delivering lectures in Macon, Ga. on the 20th inst. Mr. Pickett, of New Orleans, was nominated on Friday, to the Senate, as Consul at Havre, in place of Mr. Beards- ley, who will return home with a very handsome pro- perty. Mr. Pickett, it is thought, will be confirmed. Mr. Henry Clay has consented to become an honorary member of the Henry Clay Institute of Baltimore. City Inte! 10 Fine.—About ten k last evening, it was dircover- ed that the steamboat “ Gazelle,” moored at wharf No. 29, at the foot of Duane strest, was on fire in the engine room. The bells immediately struck out, and in a iew minutes engines sufficient were on the spot to swamp the vessel, and bythe prompt and energetic ions of those who accompanied them, the fire was confined to the spot where it firat originated, doing little or no injury to any other part of the vessel. Hew the fire originated we were notabletolearn The vessel had but a few mi- nutes before reached the wharf from New Jersey. Police Office.<-Wednesday.—Picxina 4 Pocnet.— As Mr. Sheldon Bassett, of Pennirgham, Connecticut, passing along Pearl street by Pine, with a couple of some person nibbling at hia coat tail, and placing \d upen his pocket, found that his wallet, containing about $196 dollars in bank bills, and several notes of hand and other ra, had been abstracted. He could see no one bebind him, but asmartly dressed gen- tleman wae welking before, and he was pursued and or. rested by Mr. B. and his triends. He loudly protested that he was e gentleman, and would not be insulted ; but one of Mr. B.’s friends unbottoned his vest, and Mr. Bs ‘ket book dropped out from under the gentleman’s vest. le wasthen taken to the police office, where le was identified as Charies Davis,a notorious pickpocket, and he was fully committed. An Owner wantep ror $150.—An owner is wanted at the police office, for $180, consisting of a $100 bank bill #60 iu small bills, which was taken about three weeks since frow a black women. She says that she foundit in Walker strect, but there is every reason to believe that she stole it, Applicetion must be made to Sidney H. Stewart, at the lower police office. inc. —Nicholas Schaffer wat arrested y: , for fer,on Monday night, with a knife, in the back, been to the porter house of 8. with some friends, and K, after the departure of the friends, ejected him and atab- bed him in the back. He wa: to bail. Convicrs.—Last night three convicts escaped itentiary, in one ot the boats belonging to ment, and were retaken this morning by M P. Williamson’ Coroner's Omice.—Fousn Daowsen.—The coroner a8 ie an lnguest Lad Ly } AS men nai 4 Brooklyn, who wes found drowned at the Screw Dock. The coroner was also called to hold an erat npes the body of a women named Reypolds, who died at No, 69 Cherry street, from the effects of intemperance. InrerEstina From Mrxico.—An arrival at New Orleans brings the following interesting iatelli- gence of the progress of events in Mexico:— [From the N. Orleans Pic. Feb, 18) By the Creole, from Vera Cruz, we have advices from shat city to the 3d instant Our previous intelligence came down tothe 3ist of January, Upon glancing at our papers tne filet thing that met our eye was a long letter trom Santa Anna, dated from his prison at Peroté, ov the aad of January, addressed to the Secretaries of the Cham ver ot Deputies. It is one of the most humiliating docu- ments we ever read. He begs for his life as pitifully as when on his knees at San Jacinto, he andthe valorous Gen. Cos be ema Sam Houston for mercy—a degrada tion which Gen. Almonte, in the same cmergency, scorn ed with the spirit of a man. In his communicationto the Chambers—the substance of which we give--Santa Anna recalls to tl the members, in the it vein-glorious man ered Mexico. He dweils particu- t the 11th of September 1829, and 1838, He repeatedly alludes to his ite, to his mutilated person, and it what little blood he has left in him iy insists that in all his acts, from the very outset of the revoluiion squint Spanish rule, he has had in view the interests and the glory of Mexico alone —not personal randizement. He admits that he may have erred in the adoption of measures, but laims that all his errors have been those of judgment only. He acknowledges that the recent revolution, is now consum- mated; he yields to the general will, renounces the Presidency, and is anxious to atone for whatever he may huve done of evil, by voluntary expatriation and the consequent loss of preperty and of friends.— He lauds, with disgusting flattery, the generosity and megnanimity of Mexic: asserts that even in the con- test which has resulted in his overthrow, he spared as much ga possible, Mexicen blood; that he maintained himself at the head of the army, merely to enforce what he believed to be his constitutional rights to the Presiden- cy; that the actions which teok place at Puebla were mere skirmishes; that he had difficulty in restraining the enthusiasm of his soldiers, and thathe voluntarily gave up the command of them when they were unanimously devoted tohim. He revives hia favorite comparison of himself with Napolcon, hoping that the parallel between their careers may be extended by his own exile, and at the sametime bragging that if he has not effected quite as much as the Corsican on the of life, he has the advantage of having lost a leg! But we are tired o! looking through this paper, it is so unmanly, fawning andfalse. No true-hearted soldier aeuld have dictated it. As to the probable fate of Santa Anna, we can give no more definite indication than is contained in the tollow- ing letter :— Vena Cavz, Feb. 3, 1845. I have only time to drop you a few lines. Nothing new. Santa Anne isin confinement in Peroté, while his caus is before the Con; constituted in Grand Jury” Mexico. He must think eccasional'y of his friends-—th Texans. Government no doubt regrets that he did not es- it is desirous of being generous with him, but at time fears public opinion, which is very stormy against the wretch. Should Santa Anna not be punished I the rigor of the laws, another revolution against the actual ger excment would no doubt be the result. Great confidence is felt by all inthe present government, which in my opinion will prove to be a good one, and the first truly republican one this people has ever known. Respecting Texas, I would say that it is useless ever to expect the consent of this government to its annexation tothe United States. If it should be annexed, it will make a great deal of noise here, but nothing further than talk wall result from it in my opinion. The papers from every Department of Mexico come freighted with expressions of joy and gratulation. It may aot be without significance, fact that we now receive our files of the liberal papers as due ; a little while since we never could lay our hands w} one, it were forwarded by some friend at his personal risk. The papers notice, with not a little comment, the death of D. Fernando Calderon, the ‘illustrious Zacatecas poet” as he is termed. The grand National theatre, (late Theatre of Santa An- na,) is open at the city of Mexico. On the night of the ais ul fir on comedy, entitled “ Flaquezas Ministeri es,” ted. Thecommunications from the Northern Departments of Mexico are still replete with Indien outrages. The Gov- ernment continues te express a desire to repel the auda- cious outrages which huve been inflicted upon the inhabi- tants of that distant section of country. When the Creole left Vera Cruz; there were ten Mexi can vessels of war in port of different grades, the two steamahips being at the head ofthem. The French brig Mercure, the British frigate Iaconstant, the U. 8. corvette Falmouth, and the Spanish frigate Cortes were also in the harbor. It is a rare eircumstance to chronicle the arrival of a Spanish national vessel in Mexican waters. Senor Tornel, the ex-Minister of War, has addressed a communication to the Chamber ot Deputies, pailiating the course which hetook on the memorable lstof December last. He sought exoneration from all responaibility for the acts of that day, but it was not accorded to him, how- ever. The “Siglio” of the 24th ult. states that Santa Anna was exceedingly depressed in spirita in his confinement at Perote. One of the Mexican journals, in commenting upon the numerous robberies 0! cattle, &c., committed in Califor t they were stimulated to there About as true as most Mexi- the United States. Amusements. Patmo’s Opera House.—During the past week there has been a nightly increase of attendance at this establishment to witness the representation of the new burlesque opera of ‘*La! Som Am De Beauties,” which has been highly successful, and created conside rable laughter and applause. The imitation of various (alian artiates are most capital. This evening Mdlle. Blanchard will introduce her wonderful performance on the Chinese glasses ; together with the exercises of the Gi Rhiges, and several Ethiopian airs, accompanied with instruments, &c. They w: nessing. Puwapetruia Horets—The Hotels in Philadel- hia are inferior in many respects to those of our aan : ington House” aud the “United States ;” the Sener bein, e only successful rival te Sanderson’s. Mr. Hartwell, with his valuable aid, Mc- Kenzie, has made the “ Washington” known to every travellerjof note,who journeys in the region of coal mines and repudiation, is situated in the pleasantest part of the town. Judging by the praise lavished upon the superior manegement of the house—a fortune awaits its popular preprietor, and a reputation the world will not willing let die. For families, it is the most quiet and desirable so- journ imaginable—the waiters are well drilled, kind, and attentive, indeed, as good as any in the world, not except ing even the waiters of Long’s Hotel. See card of address in another column. Court Calendar—This Day, Common Pieas—Nos. 47, 21, 6d, 3,6, 18, 14, 18, 39, 51, 72,9, 38, 3. Prnnsy.vanta Canau.—A letter from Harrisburg, ander date of 22d inst, says that the Canal Com- missioners have determined to let the water into the Pennsylvani als on the 10th of March, or, if possible, sooner, so as to Commence navigation on thatday. We resume that the Tide Water jal will be made ready for the opening of its navigation on the same day. Lectures on Shakepeare.—Mr. Hudson will ‘on the difference between the Classic and Roman- and on speare’s Mind, in the Society Library ‘ors, this evening, ‘Thursday, at 73% o'clock. Admittance 50 cents. Gentlemen with two ladies $1, taken at the doors. Prince’s Linnocan Botanic Garden and Nur= series, Flay I., near New York —The new and unrivall- ed deseriptive-catalognes of this Establishment, (31th edition.) which haye coat over $700, comprising this great and s-lect col lection of Frait and Oruameatal Trees, Shrubbery and Plante Splendid new Mahlias; Bulbous flower roots; GremnhousePlants i greatly reduced, and directions for their \t very post paid applicant. rors in the Catalogues uf others, are set right in these ; which scientific Horticulturists have pronounced superior to any that Pin appeared in any coantry. it may also be obtained at 23 ine street. * Orders per mail, will be executed with despateh, aud in a muperior style, and forwarded ne directed. WILLIAM R. PRINCE & CO. See Comstock’s & Co’s Advertisement In another column of this paper. be well worth wit- and See i ora epee ldo agdcraeg i bron tan eny | air from any part of the human frame. His Soap for Curing all skin blemishes and discolorations. gate Rouge, Blanc D’Espagne, or Spani recian Hur Dye, and all his other, genuine only at the original depot, 67 From Broadway, Dalley’s Magical Pain Extractor, at his only agency, 67 Walker street, first door from Broadway. Folger’s Olosaonian or All Healing Balsam. TA retry for aathma, for coughs of long continuance, dif culty of breathing, bleeding at the luogs, bronchitis, aad inei- Pient consumption. Such is indispuiably the fact as the cases of cures co-stantly coming in will show. The snecess of this great remedy has been wousual, and those who are troubled wish Any of the above disenses wi'l do well to maken trial of it in tune. Dalays are dangerous at this seison of the year; wait not an hour if you wish to preserve your health. For sale at_ 106 ‘Nassau street, one door above Aun, and at Mis. Hays, 139 Ful tun st., Brooklyn. Dajley’s Magic rati‘ ical Pain Extractor, at 31 Courtlandt street, a halt price, warranted genuine. Comstock’s Kxtract of reaparilia,—A certain cure for the foilowing comy inte o— rota aril Diserses. Chrowe Mhenmatism. Bils fr man impare state of General Debility, the Birdy, Cutiveous Diseates, Uleeration of the Throat, Sealy krunricns of the Skim, Paine of the Bones, in| dd Pustu'es, All disea riftom an impure state of the blood, ex- ‘pos erces: 6 Aris » mprudeaces ! This celebested medicine ‘is re manner, from the purest inar die 7 treme low rice, shat all can, ad to,se iti : 50 cont er bottle, ir dozer as larte rs that sel irene cneraoesiea jar per bottle It can be band id Voydrrs street, 62 Hoenn ative, Se: hotles 8 Prem nt ‘remont Row, and Bed B At the opening of “Ae rst ta h ce po. te if they. use a single howls of fam mn ute that they will not be troubl ith Mochove voruiia during the Comiag, cunimner Whesetee min are the most abundant, it ‘are the sooner Bene pranifoot-—it destvoye by the thousand” Sold baly at #1 Courtlandt street. Price 25 and 50 cents, Medical Notice. The Advertisements of the New York Coll if Medi Pharma blished fom the Suppression er ery Ant cure of all ease uy = pe Solita "Baga ice and Consul ome of the College.95 Nassau stree supsert the ‘apace, tiever 0.) rei met be paid to the , a near ( ' tnt, where single coy i Lovelock, . Es eee eat ese beh fections for mle ox aire Lee With the per, the Herald” is rend uch, any paper published in aceity, Pifoedt to advertisers. Adver tirerments handed co the agents at half past 4 o’elock, will ape oar in the Herald next day, nély MONEY MARKET. Wednesday, Feb, 26—6 ©. m. The anticipated passage of the Texas resolutio hrough the Senate comintes toexert an unfavorable i fluence upon all kinds of stogks, and quotations are ste lily declining The sales to-day were not very large, b yrices are below toose current yesterday. Stoningto) fell off } per cent; Norwich and Worcester, 1, Railroad, 4; Reading, 4; Morris ¢ 3; Long Istand, Farmers’ Loan 1; Illinois, 14; Ohio 6, 4; Canton, } Pennsylvania 5's und East Boston closed firm at yeste iuy’s prices. We cannot look for any improvement, or any st vility in prices until efier the adjournment of gress, and should the Senate concur with the H. the Texia resolutions, there must bea greater punic Wall etreet t! an has been known for years. Quotatio, for many stock; range so high and are so much above thi actual value of the investments, that there is a lurge mal gin for a decline. ‘The Texas question should not have the slight effect upon stocks, tosh gieaeis upon fancies, tH actual value of which is of so little consequence, far as market prices is concerned. But all these pu| lic movements, all these political plans, do and invariab! will influence, one way or the other, quotations for stoc! and those who are shrewd enough to step in and take al rats of the panics produced try these turns upon pj luteal questions, invariably make money. It requires great deal of nerve and judgment to take hold at such Ume, but those,who do so seldom fail in making small fo] tunes. When speculation runs high and aamans ar daily advancing from one to two per cent, all are anxioy| to take hold and go into it as deep as their capitals will a| mit,fand eagerly purchase—under the excitement a risin) market usually produces—stocks at pri en to filter percent DF a than those ruling before the epeculatio|| commenced. We should not be surorised to see, but o| the contrary, anticipate, a very it rise in stocks aft the adjournment of Congress and the setilement of ¢ the political questions that have been agitated for t past three months. If the Texas and Oregon bi) are not disposed of this session, they will be at rest un Congress mects again in December next,and in the mey| nets e must be an improvement in all departments usiness, s Friday being packet day for the steamer leaving Br ton for Liverpool on Saturday, the Ist inst , there has be: a demand for foreign exchange. We quote bills on Lo don at 1093 a 110; Paris 5’, 25a 5 233; Amsterdam, 40 40}; Hamburg, 35§ a 353; Bremen, 79 9 79}. A moders amount of business has already been done, and from t demand existing, we should judge remittances to a lar amount, would be made by the steamer. The Canal Commissioners of Pennsylvania have det: mined to open the State Canals for navigation on the 10 of next month. The bill auchorisiog the Baltimore and Ohio Railro Co.to construct their road throngh Pennsylvania, fr Cumberland to Pittsburg, is wow before the State Sena and meets with considerable opposition. The monthly reports made by the Banks of Ohio to t Auditor of the Stute, show but very little variation regate movements. It will be seen by the anne that for the past two years thelr operatic en very uniform. Barxs oF Onto. Cie. 2,827,195 733,675 “( +» 2,950.674 719,089 5 315, + 3:43.26 751,085 2,392,030 442, There ore but eight banks in Ohio, having a capita) $2,349,450—the total assets of which amount to $5,547,2 in 1987, there were thirty-three Banks in Ohio, h ing a capital of $10 870,039. ¢ loans and discount: these banks at time amounted to $19,505,662. ° annex a comparative statement of the banking moveme in Ohio for two period Onto Banna, 1 1897 ann 184, Bks. Loans. Specie. Cire. gh Capit May, 1837.. 33° 19,505,662 2,511 614 7,697,261 6,505,360 10,870. Jan. 1845.. 8 3,843,216 751,085 2,392,939 ‘412,889 2,349. Decrease. .. 25 $16,162,446 1,560,529 5,304,322 6,060,471 This table shows an immense variation in the banki operations of that State. In eight years there has bee decrease in the discounts of the banks of more than s teen millions of dollars. Twenty five banks have gone of existence and the bank capital has been reduced fr nearly eleven millions down to about three. This contr tion in the banking system of Ohio has been attended « serious embarrassments, with wide apread ruin end) past few months, it pppe irs that the operations of the maining banks of Onio haveb-en very limited,and judgi trom the prosperity that exists in all parts of the Sate, think the people have all the banking privileges requi to carry on safely and profitably their legit: busine The productions of the State have rapidly in the limited operations of the banks, and its resour faave been more rapidly developed than when all spec of speculation raged go ext wey a The bill which has just passed the Legislative of Ot to increase the bavking capital of the State, will do m to bring avout speculations than any thing else the Le; lature have done. Very few Sti in the Union have fered so severely frem mismanoged .banks as Ohio, the people cannot— with the experience of the past in tt minds—bein favor of such a rapid and extensive incre in banking, as this bill authorizes. We published a few days since extractsifrom a memo presented to the Legislature of this State, requesting passage of alaw te compel the banks to make thei sues current in this city orin Albany We have si been examining a report made on this subject winter by the committee om banks ia the lower hous the Legislature of this State, and find meny str arguments against the passage of any law requiring banks to make their issues par in this city. The anne extract from the report alluded to shows what e would be produced should the prayer ef the petitioner granted:— “Our State is surrounded by inatitutions whose iss are not and will not be made redeemable iu the city. are in direct and constant com: ial intercourse v the Canadas, with the New England States, with ) Jersey, with Pennsylvania, with Ohio, and with the + er Sti bordering on the great lakes. On every f: uer We are exposed to the introduction of the curre of those States—a currency that is beyond the reac our laws, and whose intricsic value is unknown to community. The policy heretofore pursued, has prev ed the general adoption, by the inhabitants ‘of this St of the§ notes of these bordering States. In the atte to make our present circulation more desirable, we wc take it away from our own people altogether, and giv its one of uncertain value and entirely beyond eontrol of our laws.” We have laws on ourstatute books prohibiting the culation of the issues of foreign banks in this State, they are a dead letter. If these laws could be enfor we should be able to obtain the passage of a Jaw rer ing the issues of our State banks to be made par ata tain point. We have in circulation in this city and £ the issues of every bank in the country and in the C das, of not only the banks, but of the worst: plaster, wild cat in existence. Should the is of the country banks of this State be made par in city, there would be a demand for the issues of bi which were at @ discount and the bills of our b. would be sxchanged for bills of foreign banks, by t weekly payments to make to the labo e anic would therefore be comp ry much depreciated, t ig! (0 pay a discount of one, or three per cent. It is a long established custom at the master mechanics of this city, to go into Walls every Saturday with their current funds end exch: them for other funds, which are at adiscount. T bills they pay out, for the amount they re; nt, to mechanics they employ. The greater the disceunt or bills, 20 long as they will pass, the more profitable to purchasers. By this operation many master mech: make from $50 to $76 per week. The circulation of the Safety Fand und free ban! this State, in this city checks the circulation in a sure of the issues o! foreign banks, but the passage law compelling the issues of our banks to be made p this city, would o a door for the admission ot amounts of foreign ik bills, and give usa curr: more mixed and more depreciated, than we now | ‘We should that, of two evils, reject the greater. the passage of a law compelling our banks to improv value of their issues, by makiog them par in this city should be flooded with a shinplaster currency, it is | that the passage of such a law would produce more than good There jections to the Sg ef such a law, cient to satisf: j@ report before alinded to, contains other argun fainst the pase: of a bill to redeem their notes a in this We annex a further extract. at re not unfrequent of combinations to de: banking institutions. If for every doller to be rede: two dollars must be provided, one at the counter o bank end another in New York, with what degree of ty could any bank its notes?” “ While it wa cumulating funds at home, its notes might be coll: for the My purpose of destroying its credit by a der in New York, or vice versa. Under thia system ¢ bank would be in the power of any capitalist who sb have an interest to subserve, or a ws n to gratify t destruction. He would gather its notes, and, ho learat where its resources were most concentrate! aenttbem at the other place for paymont, and faili: ain it, publish the mstitution as bankru, The banks of New England are not to redeem their issues in Boston The Sul tem is formed by a mutual agreement betw of the N. KE. Staies. and the arrangement can be broke by any benk, should an ottemnt be mae to use it or sively So oy the banks fiad it for their mutual reat to sustain this system, they will do so, but the bound by no law or any other power Should theb of this State be compelled by law te adopt the New land syatom cf redemption, there would be no altern: but, ler any abneo, thé hanks would be compel! must submit to it. In 1838 there was a lnw passed by the Legislate thia State,providing for the redemption of the notes c Satety Fund Banks in this city. On the 26:h of that year, the redemption commenced, and the Bank, the Leather Manufacturers’ Bank, and the chants’ Exchange Bank were appointed agents for purpose. This system was enforced upto July, 1! little more than two years, and throughont the “whc that time, the city was filled with all kinds of Wil shinplaster bills, end the paper circulation was + most werthiess description As soon as that Jaw w led, the currency psy. improved and event caine tolerably . When we surrounded re such banks as the Plainfield Bank of New Jersey, av Lehigh county Bank of Pa, it is highly importan we should enforce what | we have on our st books to prevent the circuletion of their wsues with: ent a on messay 4th inst. in rel 8 Pro} in e yal holders agree to advance one million a thousand dollars to complete the Canal provided a levied under the authority of the Legislature, no session, and measures secured to pay one half y dividend on the ist of July ,1846,0f one halt of one por onthe whole existing debt, which, taking that whole ing debt to amount to eleven millions of dollars, w require annually, one huodred and ten thousand to That the interest remain at one per cent until th day of July, 1845, when a dividend of one per cent annually, be poit. moking wn snally two percent: the interest gion! ‘ tw scent until the day of July, A.D 18.0 wha adivil od should be of one and a hait p or cent, making annunlly thre: cent. That the interest should remain at three per till'the frst of July, 1862 when n dividend should be of two per cent , making annually four per cent the jaterest should remain at four per cent till the fire