The New York Herald Newspaper, June 14, 1847, Page 2

| : * correspondent relative to Mexican privateers. st ‘The Herald for Europe. ‘The steamship Hibernia will sail from Boston on Wednesduy next, and her mails will close in this city to-morrow afternoon. Our next edition of the Herald for Europe will go by her, and will be ready at the counter of our publication office to-morrow, at 12 o’clock. It will contain every thing of importance that has transpired from the sailing of the last steamship, and a complete and perfect map of the Isthmus of ‘Tehuantepec, showing the surveys for a canal, a Macadamised road,‘and a railroad. We have received several letters from different parts of the country recently, enquiring of us how people who resided at a distance from our agentscan obtain this paper? In reply, we would inform the writers that we are disposed to oblige them by all means in our power, and that if they will send a dime in a prepaid letter to our office, we shall take the trouble of mailing the paper to the address of any person in the old world which they may name. Our friends in the city by leaving the address of the person to whom they wish to send a copy, will be accommodated in the same way by pay- ing six cents for the paper, and the postage there- on, at the office. “Mexican Privateers, ‘We publish in another column a very interest- ing and important letter from our Washington Wealso publish a curious article from El Heraldo, of Madrid, giving a Spanish view of the Mexi- can war. Both the letter and the article are im- portant just now, as it is impossible to tell what may grow out of the capture of the Carmelite. It is to be hoped, for the sake of peace, that Spain will act as becomes a civilized nation. ' Foreign News. We may now begin to look for later intel- ligence from Europe. The Christophe Colomb from France, is probably in her fourteenth day, cee nem gone to any one public 4 The next President, he thinks, should be se- lected from the Northern democracy. He then takes a start and speaks of the contest between Gen. Jackson and the United States Bank, and says that the revival of the gold currency was one of the glories of Jackson’s administration, and impliedly one of his glories, for who can forget the ‘mint drops” flowing up the Missis- sippi. ‘The bill for the graduation of the public lands, must sooner or later, he thinks, become a law, and it will be prosecuted in time of war, as well as in time of peace, to success. He refers tothe advantages to be reaped from the construction of the Oregon railroad—an old story, however, in these parts. He is particularly eloquent on the subject of the war. At one time he said he could tell the probable duration of it; but since he was rejected as Lieutenant General, he cannot tell when it willend. The language which he uses on this subject is so characteristic of the man, that we give it to our readers :— One war had been avoided, without a loss of rights or honer: another had fallen upon us, and now, the ques- tion which met him at every step was, “When will it be finished?”’ Alas, he could give no answer! There wasa time when he had an opinion : the President approved that opinion; it was founded upon a combined move- ment of arms and of policy—two armies—20.000 under ‘Taylor, 12,000 under with a mission of peace in and the sword to fective if the olive 4. Policy and arms were to be combined. icy relied upon more than arms; and if that ey been adopted, he fully believed that peace would have been restored in the month of April past, or this month of May; and peace, not the mere cessa- tion of fighting, but @ restoration of friendship, com- merce, social intercourse, and all the sympathies of republican brotherhood. Congress refused the appoint ment indispensable to the success of that plan; and he was without any means of forming any opinion upon the probuble duration of the war. Thiw is the first time that the famous plan has been devulged. After three months of painfu anxiety, we have it in the above extract. In regard to the choice of Presidents he says :— He had long since madeknown his opinion—a direct vete of the people, and no intervention of intermediate bo- dies tonominate before hand, or to decide alternately afterwards, was his plan. <A vote by districts. aud a se- cond election between the two highest, if the first one and the Cambria from England is in her tenth day. The latter will probably put on steam to beat the C. Colomb. 'The Proposed Connection of the Atlantic with the Pacific. The subject of acquiring the right to construct « canal or railroad across the isthmus of Tehuan- tepec, being now under the consideration of our government, we have at considerable trouble and expense procured the original surveys which were made some years since, at the instance of the Mexican government, by Captain John D. Williamson, an eminent engineer. In order to illustrate them, and show the facilities which this isthmus possesses for connecting the Atlan- tic ocean with the Pucific, we -have had en- graved the map which 1s this day published in the Herald. The original surveys for a railroad, a mac- adamized road, and a canal, are plainly and ac- curately marked on it; and it will be perceived, at aglance, that the long talked of project, of connecting the two oceans, is perfectly feasible, at a comparative small cost. The rapid increase of American commerce in the Pacific, and the great extension of our territorial possessions on its shores, have, very naturally, brought the go- vernment to a just estimate of the importance of opening a ship channel across the isthmus which separates the two great oceans, whose waters wash thefeastern and western shores of the American continent. In the proud and hopeful days of Spanish authority in the new world, this was a favorite scheme of the sovereigns of Spain, and their American viceroys. But, with the fall of Spanish power, and the depreciation of Spanish character in this hemisphere, all h@pe has ex- pired of ever witnessing the achievement of this great work, either by the present owners of the soil, or by the mother country; although, of all other countries, Spain would, under the influ- ence of an enlightened commercial policy, de- rive the most advantage from the facilities which such a channel would offer for carrying ona lucrative, and ever increasing trade with cher ancient colonies. On reference to the map it will be seen that on the Pacific side there are fourteen feet of water, but on the Gulf side adem of only ten feet. This disparity, however, can be remedied by damming the river Huasacualco at the town of Laeruiz, in order to divert the river from the course which it takes in that direction, and oblige the water to go directly across the bar, which ere long would disappear under the influ- ence of the current, and give a depth of thirteen to fifteen feet. The estimated cost of construct- ing a canal according to these surveys is fifteen millions of dollars, which includes the expense of clearing out the river, and arranging the depots on the two oceans; of constructing a rail- road the whole length, : one hundred and wrty-two miles, and seventeen one hundredths of a mile, eighteen millions of dollars; and the eost of constructing a macadamized road one hundred and two miles long, will be five millions of dollars. The result of these surveys establishes the fact thata canal is the best, most judicious, and cheapest means of connecting the two oceans that can be adopted, and for two powerful rea- sons; the two navigable rivers and the constant supply of water to be obtained for it from the lake near its centre. The Rio del Passo and failed, was the plain and obvious remedy. A second election between the two highest would dispense both with a nominating convention, and a contingent resort to the House of Representatives. No matter how many wore candidates in the first election, if any one obtained ‘& majority of the whole, then the eleotive principle was satised—the majority to govern—and the election was finished; if no one obtained such a majority, then the first election to be held # nomination of the two highest by the people, aud the clection to be immediately beld over again between these two. This would bring the eleotion to ® speedy conclusion. and without a resort to intermediate bodis—a national convention. or a House of Representatives—each daily becoming less accepta- ble to the people. Butthe great point of his speech, the most im- portant part to the world, is the high estimation in which he and his children hold the State of Missouri. But let us have his own words :— Col. B. said that the State of Missouri, though a young State, hada name abroad, and a good ono. Freedom from large debt—compliance with her contracts, so fur aa she went in debt—exemption from the rage for bank- ing, and premature internal improvement—stendy nd- herence to her political character. and to her political men—candid and enlightened consideration of the con- duct of her public men—the very length of time which she bad retained, and sustained, a senator—all these things had given her character abroad.and he was proud to belong to her, His children also were proud of Mis- souri; and cf this he could give ahigh evidence, noted at the time by all the papers in Warhington city. A gene- ral illumination was had in that city. after the news from Cerro Gordo, in honor of the American victories in Mexico. ‘The children of the Missouri Senator illu- minated their father’s residence in C street. They put the Missouri victories, surmounted by the flag which Fremont and some Missourians had carried to the loftiest peak of the Rocky Mountains, in the centre. flanked on the right and left by Cerro Gordo and Buena Vist ‘This was their collocation of the honors of the war; his- | tory might make it a little different; but it was right in them. it came from the hvart, and showed that the heart was in the right place—in Missouri. The girls did it, the mother being sick. and the only son, and tho father, being in St. Louis. All had heard that he was a teacher to his children; this illumination would prove that he had taught them to honor the State which had honored their father. It is really too bad that the name and services of the gallant Fremont are made use of in this way, by this Senator. He glorifies himself by means of his son-in-law---he says one word for him and two for himself. Banxinc 1N Massacuvserts.—It will be seen, on reference to another column of this day’s pa- per, that the trial of Barker Burnell, the cashier of the Manufacturers’ and Mechanics’ Bank of Nantucket, and late Senator in the Legislature of Massachusetts, has commenced. It may be that some curious developements will be made. Serine tHE Evernant.---We have received a capital sketch of ‘‘seeing the elephant” in Mexi- co. Our thanks are due to the gentleman who sent it ; but for one reason we cannot use it n the Herald. New Wuear 1x tHE Marker.—The follow- ing paragraph will be read with considerable pleasure by the public: (From the Columbia (S. C.) Banner, June el A load of new wheat, raised on the plantation of D. H. Ruff, Esq. of this district, was sold to Mr. Jease Drafts, in this town, on Saturday last, at $1 1234 per bushel. It is said to be a very superior articl [From the South Carolinian ] ‘The crops have improved vastly since our last, and seasons have continued favorable, though we have had | rather too much rain. ‘The wheat harvest is falling | rapidly before the reapers, and we may soon expect new flour in our market. ‘Theatrical. Boweny Txxatee.—The national drama, “Ethan Allen,” the “ Tompkins Blue,” and the “ Bronse Horse,” will be performed here this evening. These three pieces comprise a bill that would fill any house in the world. Minerva Rooms.—Whoever will go to the Minerva Rooms this evening, will see the splendid evanescent Dioramic Views, which have been recently brought to this country by Mons. De Lapierre, From what we have heard of them, we are disposed to consider them as the most magnificent affairs of the kind that have | ever been exhibited here, There will be some excellent Huasacualco is navigable tor vessels drawing ten feet water as far up as Grand Village, and on the Pacific side the river Chimalapa is navigable for the same class of vessels as faras the town of St. Miguel de Chamaipa. Between those two places the two rivers must be connected by the contemplated canal—the distance being only twenty-nine miles anda half, at an expense, as we before mentioned, of fifteen millions of dol- Jars. Whether the government will insist upon the right of way across the Isthmus or not, in treat- ing for peace with Mexico, we do not know; but the increasing importance of our commerce and the progress of the race, point to the connection of these two great oceans, and to the United States to effect it, at no distant day. Anotucr Srexcn sy Geverat, Benton.— Colonel, or rather General Benton—Senator Ben- ton—made another speech on the 29th May last, in Jefferson City, Missouri. The extreme modesty for which he is distinguished, pervades it throughout. This last speech is condensed for the St. Louis Union , and would it be believed, that the synop- sis occupies four anda half columns of one of the largest papers in the Union? We have with some difficulty gone through this speech for the especial benefit of our readers, who would not have the courge to commence it if they saw ite length; or if they had courage to commence, would not have the patience to wade through so much self-praise and egotism with which it abounds. One whole column he occupies in returning thanks for having been thirty yearsin the Senate of the United States. His experience, he says, shows that republics are not ungrateful. In re- gurd to his being nominated for the Presidency, he returns another hat full of thanks, but he must decline the honor. If, on a recent occasion, he had been willing to leave the Senate, i offies, but for the risks and hardships, and res} ties of @ service in which.he hoped to do som: ful to bis own country, and to a sister 4 he wdbere only to the office of Senator, and duties. Always at his post, nothin, i vocal and instrumental music to enliven the scene. Henn A.exaxer.—This accomplished magician ap- pears in Albany this evening. : City Intelligence. Tux Weatner.—We had somo rain yesterday eve- ning, and the atmosphere was cool aud agreeaple during the day. The thermometer stood at 68 degrees about 634 o'clock. Fines.—A fire broke out yesterday maga Soa No, 32 Old Slip, in the eating house of P. Keegan. e fire was promptly extinguished by the Poties, Another fire broke out in the stables of Johu Filks, Essex street, yer- terday morning, which was promptly put out by the po- lice. Another fire occurred at eoruer of Montgomery and Monroe street, yesterday morning about 23¢ u'ciock. caused by the bursting of a gaslamp. The fire was put out by officer MeDivett. Mimitany.—The City Guard, Capt. Wm. M, Me- Ardie, leave in the steamer, from the foot of Bar- clay street, at 10 o'clock this morning. They pass the day at Bergen Point, and land at the Battery at six o clock, P. M.; proceed thence to their Armory, Con- stitution Hall, where they dine. General (i Col Bankhead, and the officers of the army and navy in the city, are expected to be present. Bloomfleld’s band, from Governor's Island, accompany the Guard. Commow Covncit.--The Board of Assistant Alder- men meet at their usual hour this evening. Surcipe.—In the case of Joseph D. Silcock, alluded to in yesterday's Herald, as having committed suicide. the Coroner heid an inquest yesterday, which resulted in the jury rendering a verdict that the deceased came to his death in consequence of taking laudanum while under temporary insanity, The deceased left a communica- tion upon the table in his room, to the effect that be was tired of living. and that he had made two previor tempts to take his own life. Fouxn Drowxev.—The body of an unknown boy, about 8 years old, was found floating in the slip at the foot ot Albany street, yesterday morning. H ete to have been in the water but a few days. The Coroner held an inquest in this case yesterday. Verdict, death by drowning. Death rrom 4 Fatt.—The Coroner held an inquest also upon the ey of Philip Riley, a native of Ireand, aged 46 years, who accidentally fell down a flight of stairs, an shortly afterwards. erdict accordingly. Soromon.---It is universally conceded that So- lomon, the ancient, wasa wise man. His sayings | have contributed not a little to increase the wisdom of | the world, and to enlighten mankind Our Solomon, in Church street, following the example of his illustrious eanor, dues more to enlighten the citizens and the commusity than any other man. You may call at any time and fupply yourself with newspapers of every de- soription, and the various periodicals of the day. You may teat yourself comfortably in his saloon. and read | them until you are hungry, and he ean patisly your ap- petite with divers good things, provided you pay for | them.—New Brunswick (N. a Union, June 2, Conut Montholon, who arrived hero in tho Hibernia, | yate, in the committed room or the c! ber, is the French consul at Richmond, i was thereby sovevereiy Injured thet be died | selves | to the benetitot Maestro Paccini, “ Saffo,” is to be performed this eve- ning by the Italian company of Havana. Tedesco, the no often demanded prima donna, is, at last, to in this play, with the Signora Marini, the the com who is said to possess an admirable voice. ‘The part of tenore is taken by Peroasl, one of oar ld acquaintances, ie eves one remembers him he was sit here with ese. We offer our readers the synoy of * Saffo,” which poem is said to be one of the best written for music and situations :—Sixty years before the epoch of the Emperor Augustus, in the 42d Olympiad, there was living in Groece a yo named Saffo, who, although not very han celebrated as well for her as for her adventures. She loved Faon, one of the noblemen of Mitilene, but was despised by him. She threw herself in the sea from top of the Lencade rock, to find in this way ® remedy for her unrequil . We must say before continuing our narrative, that the rock of cade was su; to have the power to cure such a ness. Itis that Venus, ing to her lo fer Narcissus, tried by the advice of Apollo the experi- ment, which, was successful ; then, the Greeks erected a temple dedicated to that god on the top of the rock, the sumunit of which was very high. The postess Saffo, the heroine of this play, hadfor her mother, Cleide, but the name of her futher was unknown. Saffo, according to the tradition, was @ woman of an ordinary size ; features were elegant. and her mind quite elevated, for the latin post Horatius speaks highly of her writings, which were, it appears, known in his time, Saffo was married to Cercole, & rich merchant of Mitilene, but having died, his widow conceived that un- fortunate love for Faon which caused her death. The author of the Italian libretto, Signor Cammarano, has arranged his drama as follows :—Alcandro, @ Priest of ‘Apollo, having been driven away from the Olympic cir- cus by the audience, after they had heard an admirable elegy compored by Saffo against the belief of Lencade swore to revenge himself upon her. ‘The poetess receiv the Olympic crown for her verses, Faon,excited by Al- candro, began to be angry when he knew the love shown by Saffo to Alceo; he was, in fact, the instrument of the priest’s hatred. Alcandro enticed Faon to marry Cli- mene, his daughter, and to forget the coquettish Saffo. They had an interview, in which Saffo made it her aim to dissuade him of his suspicions. It was in vain—Faou left her. calling Saffo a deceitful, an inconstant woman. ‘The nuptials of Faon with Climene were near atyhand when Sutfo, who was not aware of this, went to see Cli- nd asked herto implore Aleandro in order to offer presents; to Apollo, wishing thus to obtain her pardon for having despised ‘the worship of that god inher poetry. ‘The betrothed of Faon received Saffo with kindness, and told her that she would do every thing in her power to soften the anger of Aleandro.— Saffo was to celebrate the nuptials of Climene by the most admirable verses, But, as the ceremony was to take place instantly, Saffo made Climene observe that she needed a new dress to goto the temple. Climene guve orders to seme of her maids, and the best dresses of hor wardrobe were brought in, and Saffo was adorned by her rival, and seemed to look prettier than herself. — Both went to the temple of Apollo; but when Saffo re- cognised kaon as the intended’ husband of Cli- mone, her passion had wo bounds—she burst into reproaches—claimed Faon for herself, and then. seeing that nothing could break the union of Climene with Fon, she turned her anger onthe altar of the gods, and overthrew all the sacred vases of the sscrificators.— ‘Amazed by such @ sacrilege, the priests of the temple chased ber away,and coudemued her to the infernal di- vinities. Under such terrible circumstance, Saffo re- solved to try the “Jump of Leneade,” in order to know if she could’be cured of her unrequited love. ‘The ora- cl» of Apollo was consulted, and the wishes of Saffo grant- ed to her. ‘Then, the usual rite began, and, during that ceremony. it was acknowledged tha Saffo was not the name of the povtess, but thut she was Aspasia, » sister to Climene, Aleandro, then, was her father ; for Saffo-As- pasia bad a magic amulet’ around her neck, which had been given to her by Cleide as a means to be recognized by her relation. In vain Alcandro, whose heart was at last moved. wished to prevent his daughter trying the sa- cred experiment. ‘Tie other priests were opposed to him. ‘The terrible jump took place, and the unfortunate joeteas, precipitating herself from vhe rock of Lene found in the Kyean sea the only remedy to her lov death! We understand that the music of maestro Pac: cini, is one of the best purtitions of the Italian achool. ‘The character of Saffo is admirably written for the beau- tiful voice of Tedesco, and she has obtained at Boston a decided enthusiastic reception each night of that per- formance. We hope that she, with Signora Marini and Perozzi, will find the Now Yorkers as dilettanti as the Bostonians. Vauxuatt Ganven.—There is no more pleasant place inthe city to spend an evening than Vauxhall Gar- den. The more people go there, the better they like it, and we would not be surprised if the manager makes # fortune there this season. Campbell’s Ethiopian sere- naders will hold forth again this evening. Cuuisty’s Minstaets.—These delightful melodists. says the Albany Journal of Saturday, close there this evening. ‘They have charmed crowded and intelligent audiences for five successive nights. Police Intelligence. Pickpockets at Auction —A Mrs. Hill residing at No. 28 Cliff street, was robbed of her purse, containin, draft for $75 and $25 in money, while attending an auction store in Broadway, on Saturday morning last. No arrest. Arrest of an Escaped Convict.—Officer Roff, of the Sth ward, arrested, on Saturday night, an escaped con- vict from Blackwell's Irland, by tho’ namo of Walter Cook. Justice Drinker sent him back to his old quarters to finish out the balance of his term. Reviving an old T'rick.—A genteel, well dressed man, about 40 years of age, entered the dry goods store of J M. Mather, No. 294’ Second street, and selected two pieces of fine linen, which he requested Mr. Mather to send to his residence, No. 80 First street. A boy was accordingly sent, and was met on the stoop of the as- sumed residence, took the linen from the lad, and de- sired him to return back to the store and bring a piece of muslin, and likewise a yard measure that he might measure off as much as he wanted. The boy not sup- posing anything wrong, started back to the store, and upon his return to the house, discovered that he had been swindled out of the property, as the persons occu- pying the house knew nothing about the man whatever. Petit Larceny. Officer Walker, of the 17th ward, rented on Saturday a woman by the name of Ann Leden, on a charge of stealing a black lace veil, worth $16, be- longing to Mrs. Wilson, residing at No. 68 Beekman st Justice Ketoham locked her up for trial Stealing Clothing —Officer Miller, of the 2nd ward, arrested on Saturday night, a black fellow, called Jehn Andetson, on a charge of stealing from the bark Frede- rick, lying at the foot of Dover street, a coat, one pair of pantaioons, aad a pair of shoes, valued in all at $17, the property of Charles Berg, the captain of the vessel. | Justice Drinker committed the black rascal to prison for t al. Law Intelligence. Surenion Count—Before Judge Oakley—Charles Oak- ley 8. Howland and Aspinwall.—This cause was sum- med up on Saturday; after which Judge Oakley charged the jury; he prefaced his eharge by stating to the jury that counsel were much in’ the habit of introducing extraneous matter into their addresses to juries, parti- cularly when the cause was of grest magnitude and interest, for the purpose of exciting the sympathies and feelings of’ jurors in favor of their clients. To be sure it was the privilege of counsel to do so, but it was his duty as the presiding judge to caution them against being led away by the introduction of all topics foreign to the cause they were to try— they, the fury, had nothing to do with the si- tuation of ihe respective parties, with the poverty of the one or the riches and splendor of the other. Acourt of justice was, perhaps, the only place where the rich and the poor met upon equal terms. The law was made for the equal protection of both, and knows no distinc- tion between them. He would, therefore, beseech them to divest themselves of ail impressions made on their minds by the speeches of the counsel on either sido. It was their duty (and to the faithful performance of that duty they were sworn) to decide this cause ac- cording to the evidence and the law applicable to it, ag it would be laid down to them by the court. Gentlemen, I thought it right to make these remarks to you, in order to draw your attention from wil the extrinsic matter that has been mixed up with this cause; for after all, the only question you have te decide is, was Mr. Baker @ partner in the house of John Young & Co.? Gentlemen, the cause arose under these circumstances. John Young was a commission merchant in the island of Cuba; the plaintiff was a mer- chant in this city, and made certain consignments to Young; the only persons known at the time to be con- cerned in tne house in Trinidad, were Young and Ken- nedy. and out of these cousignments arose the ¢laim,the validity (f which you are now called upon to decide. It has appeared in evidence before you, that Young failo i, and that certain proceedings took place in the Court of Bunkruptey at Trinidad, acourt instituted by the Spanish laws which are in foree in the island of Cuba, the result of which was that he was declared » bavkrupt; he afterwards came to this eity, and plainti thought proper to counmence @ suit against both; but process was only served on Young; the plaintiff claimed a very large sum of money to be due to him, and reco- vered a judgment for the fuil amount he claimed; he at- terwards discovered that defendant owned proverty in this State, and issued an attachment against it; the bond now in suit was then given, to enable Baker to get back the property, and to put the whole matter in a truin to be litigated, by which, you will observe, that Howland & Aspinwall are but nominal defendants, while Buker is the real defendant in the cause; they, to be sure. repre- sent him, and will be respoasible to the plaintiff, if you shall render verdict in hia favor; but thut responsibil ty Festa on themrelves, and ought not to aifect your de- cision in this matter. As I have already said, it is con- ceded on all hands, that the =. at issue turns on one fact, wud that is this: was Baker, at the time of those mite, @jpartner in the house ot Young &o.? n, & party who rests his case on a partnership, ig bound to make it out to your full and entre entisfus: tion; there are two or three ways of making it out, or proving the existence of a partnership: First, ifa deed as been entered into apd executed between the parties, the production and prvof of such a deed will be evidence of the existence of a pattuership: or, it may be made out by showing that « man has sutfered ‘his reputation to go before the public. on the strength of which the public are led to deal with and give credit to the firm; it he does | that then he renders himgelt Hable to the creditors of | the frm. There is another kind of partnership, which might exist between individuals; there might be a secret agreement between them, hidden from all but them- Now, with respect to those secret partnerships, there are some facts which if they appear, are conclu: | sive. If itturns out that the party not known to be a partner, has recvived ® portion of the profits uf the general business of the firm, or of any part of the busi+ hess, and appropriates it te his own use, instead of ap- plying it to the funds that ought to goin payment of the creditors, it would be evidence of « secret partnership, and our Jaw would hold the party liable; and the same principle is applicable in Cuba to these secret partuer- oe where there is no deed, if it be discovered, the law wiil charge the purty in the same way as if the partner- ship had been entered into according to the laws of that pluce. ‘This being the state of the law, the question in the case is—was Baker secretly interested in the busi- ness with John Young? And a8 I have before told you, itisthe business of the plaintiff to make this fact to the: them to say whether Was ® secret partner of Young st the time of the cunsigaments. whiol gave tise to the com controversy. The jury will render a sealed ‘Trial of late Cashier of the yand. Nantucket. {From the Nantucket Hnguirer, June 11.) This important case came the Court of Com- mon Pleas, now in session in this town, last Wednesday morning. | We presume it is very generally known that the Manufacturers’ and Mec! Bank blew spehent the middle of b acipevn a that an o: ination of its affairs,w! was gone immediately after that Shout disclosed the astounding faot that uot only hed the entire capital stock of the institution disappeared, but that its assets were not sufficient, by many thou- sands of dollars, to pay the di jtors.ai ite circulation, So entirely unexpected was this deplorable exhibition of rottenness, that almost up to the day of the explosion,the stock of the bank commanded—as it had done, we believe, for nearly # year—a premium in the mar- ket. The return made by the proper offieers of the October preceding the failure, represented the bank as being in & Very prosperous condition, although at the time it was hepiomiy Teccivens. A few months before the failure— in October, we believe—Mr. Burnell had resigned the cashiership, in which office he was succeeded by Sir, An- drew J. Morton. ‘The excitement here in consequence of the failure of the bank, intense; and the affair contiuued for months to be a general subject of conversation and spec- ulation, the public interest in it being kept xlive by the mystery which surrounded the disappearance of the mo- ney. Suspicion naturally fell upon Mr. Burucll—with how much justice we trust this trial will be the means of showing—and som last summer he was complained of before 4 magistrate, arrested, and committed to pri- son; from which, however, he was soon liberated, having bonds satisfactory to one of our trates tor rance at the October term of the Court of Com- ae mon Pleas, At that term of the court, an indictment was found against him—charging him with embezzle- ment of the funds of the bank—but no trial was then had, the case being continued, at the request of his counsel, Messrs. Choate, and T. G. Coffin, to the present term of the court. Mr. Burnell has remained in prison ever since October, We should say here, that some time last summer, after his arrest, however, he effected with the receivers a settlement of the civil suit which had been commenced against him in bebalf of ths bank, by giving up to them property amounting, us we hear, to some $40, Mr. Burnell assignedas the reason why he asked a continuance last October, that he under- stood, at the time the arrangement was entered into with the receivers, that if he would give up, as he did, the bulk of his property to the bank, he should never hear any thing more of the criminal prosecution. ‘On Wednesday morning, the accused appeared before the court to take his trial. A new indictment in three counts had been found against him by the grand jury, two of which, however, were aries by the district at- torney, so that the defendant is mow being tried upon the following charge: Tbat on the 19th of February, 1844, he feloniously and unlawfully embezzled and con- verted to his own use, a check for $6,000, signed by him as cashier, and drawn on the City Bank of Bostun, in favor of Mesers. Sampson and Tappan, payable on the 4th March following. ‘As this was a new charge, which the prisoner’s counsel had had no opportunity to examine, the trial was, at their Rigs adjourned to yesterday morning, at 3) o'clock, the court coming together in afternoon at 4. for the purpose of empannelling a jury. Many had anti- cipated difficulty in selecting a Jury, but none was found. it is composed of the following gentlemen :— Kdward H. Barker, Foreman; George C. Allen, John Adlington, John P, Barnard,David Buker,George Brown, | Your entire satisfaction, but if thers should be any ht ‘sonable doubt on your minds that he was, he is enti doubt, and ought to have your ver- Obed Bunker, 2d, William Cobb, Elihu Coffia, Seth B. Coffin, Charles C. Goggeshall, Jobn B. Coffin, ‘The case was opened yesterday in behalf of the Com- monwealth by the district attorney, J. H. Clifford, Esq His address to the jury was more than an hour long. Touching the belief expressed by the prisoner, that, as a ny mn ype ree bape the money claimwhich the bank had against him the criminal prosecution was to be dropped. Mr. Clifford said that not the slightest thing had been done or said on the part of the Common- wealth to warrant the entertainment of any such belief. In the course of his remarks upon this point, Mr. Clifford seid that when application was made to the re- evivers, on the part of the prisoner, to the effect that the criminal prosecution should be dropped if the pecuniary demands of the bank were satisfied, their reply was that they could do nothing about it—that the complaint had been made—and there it must reat. So careful wore they not to be the means of exciting any unfounded expectations, that they referred the defendant to the dis- trict attorney before they would receive his mouey. One of our citizens went to New Bedford to seen him (Mr. Clif- ford,] and & fow days after, when he was in Boston, ho received an invitation to confer with the counsel of the en gga on the subject. But he declined even to meet them. ‘The indictment was founded on the 64th section of rr 36th chapter of tho Revised Statutes, which reads as tollows:— If any cashier or other officer or servant of any bank shall eibezzle, or fraudulently convert to his own use, or shall fraudulently take or secrete, witn intent to con- vert to his own use, any effects or property belonging to such _ or deposited therein, he shall be punished mos provided in the one hundred and twenty-sixth chapter. The District Attorney then gave a brief account of the real condition of the bank at three pariods of its existence. On the 8th of April, 1843, a thorough examination of its affairs was made by the Bank Commissioners. The: found its capital stock to be $93,000 or $84,000, thougl originally $100,000—$16,00U or $17,000 having been lost jo oma ad among its debtors. In ether respects, every ing was perfectly regular and in good order. The Commissioners having instructed the Directors to make no more dividends until the stock should be at par, none were made for twelve or eighteen months. He should prove this to have been a thorough and true ex- amination, It was signed and sworn to by B. Burnell, Cashier. One year after, March 30th, 1844, the bank was ex- amined by the Directors, and from that examination they were led to believe that the stock was at par within $9768 31—that is, they had made up in 12 months some $12,000 of the old deficiency. This was not the true state of the bank, which was deficient at that very time nearly $18,000. ‘he misrepresentation consisted main- ly in # false account of balances due from foreign banks. A few specimens were given. The Merchants’ Bank of New Bedford was represented as owing the Manufactur- ers’ and Mechanics’ Bank $19,484 08, while in truth the M. and M. Bank owed the Merchants’ Bank $770 10. ‘The balance due from the City Bank of Boston was put dowh at $62,123 77, the true balance, known by a rendi- tion made to the prisoner and approved by him, being only $22,836 22. The District Attorney thought that this great amount of money was absorbed from August, 1843, to March 30, 1844; that during the first six months of the year, the administration of the defendant was per- fectly correct and honest. In March, 1845, the directors were made to beliove the bank in first rate order. The deficiency was all «made up, and there was a surplus of $5,721 17. Yet, at that time the stock was all gone, and $17,000 more. In Dec., 1846, Burnell was sueceeded as cashier by Andrew J Morton, who received a statement representing the bankas in a very good condition. After he came in, an examination was had, which disclosed the true state of the case. ‘The government were bound to satisfy the jury, not only that the check was taken by the prisoner, but that he fraudulently converted it to his own use. {t might be id that he had taken it without guilt, unfortunately, but not criminally, carelessly, without design. The go- vernment were bound to shéw, beyond reasonable deubt. the criminal intent. To this end, he should lay before them the nature of Burnell’s official conduct while cashier of the bank; the books would be laid before them. false entries shown, and an amount of official miscon- duct proved, of the extent of which they had very little conception These matters would be introduced, not that the jury were to pass upon them directly, but to show that for long period of time the prisoner was in the habit of committing acts of grows misconduct, that be was utterly faithless to his trustas keeper of the funds of the bunk. After showing the mavner in which false representa- tions of several foreign accounts were made, alluding to seven or eight false entries, amounting in ali to about $80,000 and stating that the account of the prisover, when correctly written up, was found to be overdrawn $19,000 or $20,000, Mr. Clifford entered upon a stutcineut of the particular transaction upon which the present in- dietment was founded. He gave, in substance, the ful- lowing account of it : In August, 1943, the prisoner being In want of $6,000 or $6,000, and uot wishing to be known as @ borrower at thie institution of which he was cashier, wrote to Sampson & {'uppan.asking them to accept his draft on them,and off-r- ing to pay them 244 per eent commission on the amount. To this they very willingly agreed. He then wrote to the cashier of the Merchants’ bank in w Bedford, to sve if he could get # draft discounted t! within & few jays. it he desired to do so, Muving ascertained that he could, he sent « draft ou Sampson & Tappan, dated Au- gust Int, at seven months, for $6 000, and got the moucy tor it, On the 26th of February, be sent to Sampson & ‘Tappan, a check on the City bank, Boston, payable to their order, to tuke up the $6,000 acceptance, aud signed Barker Burnell, Cashier, He did not charge bimevif witb this on the books of the bank, nor did he give any credit for it to the City bank. It might be suid tbat he torgou to de so; but on the Ist of April, within a month, he re- evived his account from the City bank, with his $6,000 in it, which he piaced in his private drawer, making neither debit nor credit on the books of the bank, In conclusion, the District Attorney suid that if the jury had any reasonable doubt that the prisoner con- verted that check to his own use, fraudulently and with felonious intent, they would let bim go free, and noo ¢ would rejoice more sincerely at such a verdict than he. whose painful duty it was to appear before them in bebalt of the Commonwealth. If the prisoner was not guilty. he hoped it would be made apparent to themall. If te ever had & case where the paliry feeling of » desire for victory had any influence over his mind, he was sure that this was not one of them, Before the witnesses were called, the counsel for the defendant raised the objection that the effect of the law of 1846 was to repeal that upon which the indictment was founded. er considerable argument on both sides, the Judge ruled that it did not have this effect, Jonx E, Witte, Esq. Cashier of the City bank,was then called upon the stand. He was asked if he made an examination of the Manufacturers’ & Mechanics’ bank, in 1813. This question was objected to by the prisoner's counsel, but the objection was overruled after @ good deal of argument, pro and con, and Mr. Williams aaswered that he did make such an examination, He had the original minutes, which were called for and produced, Mr. WitLiaMe was again put upon the stand.—As Bank Commirsioner he examined M. & M. Bank in 1843,— Statement he held of the condition of the bank, was signed by B. Burnell, Cashier. (sir. Williams r the statement, showing the B.nk was in good condition at that time bank boo! Witness was proceeding to answer, by westious of District Attorney, when the ounsel objected; witnesses’ evidence being , while the bank books were primary evidi Di ttorney assumed that the books being in court, for in oat ation of defendant's counsel, Feodered, ett lence of witness perfectly proper. r a little er discussion, pro and con, the J (as we understood. Fuled the evidence proper, Mr. Willams was for the present, ond ‘aptain Davin Tarn took the stand.—Examined the remember that Burnell sald any- | [Defendant's counsel wished to know the object of lence, contending it had no ‘Bron the Shere aginst ie Tho Disriet Ate torney intended show false entries had beew ade in the books; that between April 8 and March 30, 70.000 haa been embezzled. Such. Feridence was stren- uously objected to. After considerable discussion, we understood the court to rule that it was competent for | the prorecution te introduce evidence showing (| | Mente. Many railroads and canals, which are aow considered Poor property, because they do not pay dividends, will in pares juctive invest ‘the country, and they ‘are so intimately connected with its progress and pros- perity, that both must move together. Our public |-works are yet in thelr infancy—they are as yet hardly out of their swaddling clothes, and those which pay fair dividends now on their costs, will, ina few years, be false entries had been made, either before or after weet in the receipt of enormous incomes, particular transaction. tending to mislead the director Davin Tuaix testifed—(Specitic statements irom Ledger, Journal, and Scratch book, mode of diserepan. cies in certain charges on these books, we omit.) First discovered abstraction of funds, Feb. 8. 1846. Burnell ceased to be cashier the previous November ; continued in the bank twoor three weeks thereafter. Witness went to Boston Feb, 11th, at the request of the directory Saw Burnell next day. Stated to Burnell that the bank ‘was in difficulty ; that the City Bank had refused to re- deem ir bills, their account was overdrawn ; wanted Burnell to return home ; if possible must first make provisions for redemption of bills ; wished Burnell, if ho the, he being better acquainted in State street, to go with him for that popose; Burnell said there’ was time, and he would do 60 at once. Whe: near North Bank, Burnell said he had three or four thousand dellars on deposit there; would get it and bring it to ‘the City Bank, (whither he desired wit- ness to go) and mal em . ‘Thain went to the City Bank and “waited an hour, A note was then brought in from Burnell te Wil- liams, ‘containing 3000, which was dirented to be placed to the credit of the M. and M. Bank, part in the name of B. Burnell, and part in the name of A R, Wingand B. Burvell, certificates therefor tobe handed ‘Thain; saw nothing of Burnell until dinner, being en- ged with » committee of the Senate; at tea time, he Bad a private talk with him, and urged him to return to Nantucket; Burnell was willing, but wanted witners to leave the city in the morning, and he would follow in the afternoon; asked Burneli whete the scratch book and the account current with the City aud other banks were; Burnell raid they were in the banking house; ask- od Burnell if he recollected the amount of bills deposited in Fulton, N. ¥., for collection; he did not recollect pre- elsely, but the amount was large; told Burnell, from the beat knowledge be could get, from the account of City Bank, the M. and M, funds were deficient to a large amount; Burnell said, ‘God knows { have not used « dollar of it;”” witness told him he would not accuse him, but the accounts were in great disorder, and tho dirce- tors wanted an examination; advised him for his own and the sake of his family, te return te Nantucket; wit- ness would help him out of his difficulty; he would work night und day for him for six months, Burnell auidit was his only course, and he would do 60; wanted witness to Jeaye in the morning: had no doubt he eould raise ten cr twelve thousand dollars in the course of the day, which he would deposit to the credit of the M. and M. Bank; would follow witness in the afternoon; witness told bin that if he did go, he thought they could got through with- out a public exposure; Thain went to New Bedford; Bur- fell did not come; about noon, next day, witnoss had o letter from Burnell. [Witn: ss here read-the letter. but wo did not obtain # copy of it.) Returned to Boston im- mediately; next saw Burnell when he came from Wash- 5 = ington. ‘The court adjourned to 8 o'clock next morning. Sprenpip Astronomical Insrrument.—-The great Refraction Circle, ordered for the Nution- al Observatory some two yexrs ago, from the Messrs. Ertel, of Munich, bas arrived. It camo in eight large ‘boxer, and is one of the most splendid instruments - not to be used as an equatorial—in the world. It has an ob- ject-glass of seven inches. with a focal distance of 108 It has two circles of four feet each, with twelve reading microscopes. It is so constructed that it is its own colli mator; and its eye-pieces, of the highest power. are colll- mating eye-pieces. {t has a collimator. also, through the axis of rotation. It has the advant of reversing readily between two plers; instead of at the side of them —a most important point’ Yet so perfect is the machi- nery for reversing the instrument, that the immense weight—more than two thousand pounds—can be raised with the little finger. In all its parts. it bears marks of the most exquisite workmaurbip. It was made, to the minutest parts, after plans ond drawinge furnished by Lieut. Maury, superintendent of the National Observa- tory, and is pronounced by the makers to be the best and most perfect instrument that has ever come from their hands. It is for the purpose, among other things, of in- vemesting some of the most interesting and delicate problems in practical astronomy, via; parellax of the fixed stars, atmospherical refractions, and the effect of the moon upon the plumb-line. We understand the du- ties upon it amounted to upwards of $2,600.—Washing- ton Union, June 11, Dressing Cases..To Tra’ who are about to leave the city for tt will prove a most pacts yeterery thi e useful, aud while their utility makes » they forma cheap and elegant addition to the toilette table G SAUNDERS & SON, 177 Broadway. Soaps, Perfumery, Brushts, and every «de- scription of toilette article, razors, and pocket knives, toilette cutlery, &c., of the most beautiful finish and manufac- ture, for sal G. SAUNDERS & F 177 Broadway, opposite the Howard Hotel. Gouraud’s Italian Medicated Soap is univer. sally allowed to possess prope: ular efficacy in reali= Bing delicate white neek, hauds and arms,and jmparting a beau tifal juvenile bloom to the complex ‘This remarkable it erndicates all cutane- mples, +pots, blots, redness, rough- the skin, &e. Sold only at the }, 67 Walker street, Ist door from ers, and those ummer, these articles they are. very com- sof sufficient ‘size to Do Broadway. Cc saaiy The Married Woman's Companion—By Dr, A, M.Mruricenu, Professor of Diseases of Women, Secoul editioa. "Price $1 Broadway, and by Dr A. M 9 an 129 Liberty street, New Y. Chesnut and Third a eets, Philadelphia; C. F. “a Rediield, Troy, Little & Co, AJbany On the receipt of $i, a copy will be transmitted by mul (tree of postage) to all parts af the United States. J12 dtexS: The “Richelieu” Diamond Pointed Gold Pens. ion—J. Y. Savage, 92 Fulton street, is now from 75 cents, $1, to $1 50, silver pencil.— ht out a magnificent article, which is styled "$2 only—it ig the best aud ches " ne to be had atno place but 94 Fulton e number. in the ¢ street. ‘hi ont mistake: Equal.—The improve- Alexander's Tricobaphe,which iastantsneously Haira natural black or brown, gives it the beau! ad neither to wash or robot? to the Hai hich ou the above terms at the those who apply it them- tlark, Mayor of the city of New York, do at Ihave seen a general certificate, and'am personally ac ted with many of the parties who have Sigued it, and know them to be men of the highest standing in the communtty. ‘AARON CLARK. New York, March, 1839, jell Gt Navigation of the Ohio River. Pla Time. State of River Whee! June 3 Cincinaati. Louisville, Pittsburg iY MONEY MARKET. Sanday, June 13-6 P.M. There has been quite an upward movement in stocks during the past week, and there appears to be moro dis- Position to speculate in the fancies, than we have ob- served within the past two years. Prices rule now about five per cent higher than they have any time for several months past, and the tendeuty at the close of the mar- ket yosterduy, was upward, Notwithstanding the ad- vance within the past week. quotations range many per cent below those current during the great speculative movement three yoars ago, with all the improvement which has been made in th» works represented by these stocks, aud the actual increase in the value fthe shares 4s# an investment. We do not mean to say that all have improved in value, but we mean to #ay that the value of some of them have. within the past three years, doubled im value, and are in fact worth double what they were then. We do not attrikute the present improvement in prices to any increased value of these investments, because that is the very last thing in the world that has any influence in Wall strovt; and then again the prejudice against most of those atocks catled fancies has for #0 many years been so strong that very few will believe for a anoment that wny real improvement can possibly take place in them; the recent improvement in prices has therefore been produced by other causes, the most important of which is the abundance of money 29 Se The annexed statement exhibits the quotations for stocks in this market for each day of the past week, and at the close of the week previous. It will be perceived that there has been considerable improvement in of the fancies. Quotations von T Friveirat, Stocs ix tHe New 4. Wed. The. Fri. 101% 102" os ing’ B* 46 1% $9. Ss 61 6? 30 ae a Ig = ot) 19 20 - 9 i 10% A comparison’ of prices current at the close of the market yesterday with those ruling at the close of the previous week, exhibits au improvement in Ohio Sixes of per cont; Pennsylvania Fives 434; litinois 6; Indiana 654; Reading Mortgage Bonds 4X; Reading Railroad 4%; Norwich and Worcester 14; Harlem 74; Long Island 2; Farmers’ Loan 13s; North American Trust 134; ands de- cline in Stonington of 1 per cent; Morria Canal %. The Plantors’ Bank of Savannah, Geo., has declared a dividend of five per cent, for the last six months, Tho Directors of the Paterson and Ramapo Railroad have advertised for contracts for the grading, bridging and masonry of their road. When completed, this rong will furnish a communication, in connection with the Paterson Railroad, from # point on the New York and Erie road, eighteen miles West of Piermont, and four- town and a half miles North of Paterson to Jersey City, & distance of thirty miles—so that passengers and freight from the great West for Jersey City, New York, &e., will have a direct and convenient land route. The value of merchandise imported into this district for the week ending the 11th inst. was an anuexed :— Commence ov tHe Port or New Yoru—Vave or Im- Week ending e It, Merchandize, fre +189 338 Merchandize, dunable...1.837,151 Total merchandi Specie. Dec. 300,099 Inc, 178.317 ‘The decrease in the amount of duties was very great, considering the moderate decline in the value of imports. The falling of in free goods imported, continues una- bated. The amount of coal shipped from the anthracite coal regions of Pennsylvania, for the past week and for the season, up to the 10th inst., was as annexed :— Penneytvanta Coat, Trap.—Rece: Week ending June 10, Reading Rajlrond,tons.c. sn. 31,680 05 ssoon' Schuy Ikill Canal, tons. + 5.935 03 49,617 15 high Canal, ton: Total this year.........+...5 The above receipts are for about six months, although they are not equal to one-half of the aggregate for the year, the receipts for the last six months being invaria- bly much larger than those for the first six months of the year. July, August and September, are usually the most active months in the coal business, so far as receipts are concerned. The resumption of business on the Schuylkill canal, and the increased transportation on the Reading railroad, the Lehigh, and other canals, connect- ed with the coal region, will give us an additional sup- Ply of coal, equal, wo hope, to the increased consump- tion, The consumption increases so rapidly that it re- quires a very rapid increase in facilities for transporta- tion to keep up the supply. Tho Nashua Manufacturing Company have declared a semi-annual dividend of six per cent, and the Jackson Company of Nashville have declared a semi-sunual divi- dend of five per cent. At a meeting of the stockholders of the Fall River railroad, heldat Fall River, on the 10th inst., it was voted to issue four thousand additional shares, at $80 per share, for the purpose of paying off the debt of the corporation. Holders of old stock to take-the new if they wish to, in proportion of two shares for every three. The increase in the tolls on the public works of this State, since the opening of navigation this season, ex- ceeds anything of the kind ever before known, In the first week of the present month, the receipts were $63,- 567 32 more than for the corresponding week Inst year, being an increase of seventy-five per cent. ‘The increase in the public works of Pennsylvania has this season been a larger per cent than in those of this State, although the increase in dollars and cents, in proportion to the period of navigation, has been larger in New York than in Pennsylvania. The tolls on the public works of Penn- sylvania will this year be, without much doubt, double those of last, and it is estimated that the net receipts from those works this year, will be more than double, on account of the reduced oxpenses. Stock $2000 Ky 5's, p’ble in NY 903 50 shs Canton Co diana Stg = 30 475g 50 do eh 8000 Indian: s10 39) $000 10 47 200 do 5000 Feansylvenia cy oe ery N ew. a ES 2000 lo 50 10000 dk 30 81 100 nee do hates % ‘o 102, 150 Harlem RR 62 #10 101% 550 do 62h to ee Ef Soon ltsediog Bowden 9 154 shs Mechanics’ Bk 108 100 do bis 18 Bank of Com, fall 95: 50 do blo 20 Farmers Trust 3) 0 50 do 6% 39; a i 30 10 do BH 900 Long fatand 29 0 Morris Canal 18: 100 % ‘b30 Fs " i a Am Trust 10! 100 4 bIS 293 > lo 10 100 135 U 8 Bank i aso 33 om — RR HY 100 4 b’5 29! o i We do bso as 200 do boo boa 100 do 830 GI, 50 Stonington 860 55 QHousRR,new — 104 25 East Boston 19, 190 Canton Co, opg 3% 75” do 18% Second Board. $3000 MMlinois Spl Bonds 48 1000 08 1000 Tr’y Notes, 6's d 50 shs Lovg Island 43 29% 50 0 do 50 do b3 30° 50 do % 4 "iy 3 oe lo 9% lo no do Ei 100° do 190 do 30 200 Harlem 30 do 83 30 200 jo wo = do bio 390 30 do 30 do 030 30h¢ 10 do ww «150 do = ¢ a a 3 pre: Losa lo lo 50 Nor & Wor 0 100 do do 40 100 Canton 0 do 330 50 lo 10 do 0% 300 Reali g 50 do. 810 50% 50N A Trust do 50% New Stock Exch: te $2000 Ohio 6s, 60 -h30 12 50 shy Wor eash 4934 2000 Hines Spl baw 49g 25 do b10 ay) she US Banl s 1% 50 do ba 49) 0 Harlem ewsh 62 50 Reading RR 860 G0 0 lo uw 62 50 Farmers’ Loan ba 34) 0 do cash 623g 50 do eash 35) oo do ow 6244 25 Canton bl0aftong 39) pw 62g 25 do 0 in do 25 Nor & Wor bio 493 seeeteeereeirintetenaete. CITY TRADE REPORT. New Vork, Satunoay Apteanoon, June 12 The market for the week, taken altogether, as far as the products of the soil. were concerned. elored to-day in a manner quite ratisfactory to holders and sellers gen erally While prices were net quite so high as they were at the close of last week, nevertheless, the feeling was good, and flour, generally, was in good demand, chiefly for shipment. Corn, too, whieh has become an article ofgrent value, elosed firmer to-day, with considerable and the reduced rate for interest. Holders of most of the fancy stocks, who have confi- denee enough in them to keep them out of the market for a yeur or two, will realize much better prices than those now ruling. The rapid increase in the general Prosperity of the country, the immense increase in the internal trafic of the country, growing out of the de- mand and high prices ruling for breadatuffs, and the ra- pidly inereasing population, give all the works of inter- nal improvement so much more business than has here- tofore offered. that their income is annually increasing a large per cent. Noone can doubt for moment tut that all our works of internal improvemest must ultimately pay handsome dividends upon their cost. however extra- vagant that may have been. With the presevt limited population of our cities and Stutes most of them already pay largely, and are annually ineredsing large per cent Our canals and ratiroads have as yet hardly com- menced developing them The originators of our moat extensive lines of public improvements, were con- sidered lunatics at the time, and tho works were looked sales, at higher rates than had prevailed for several days proviously. Owing to heavy receipts, Ohio and Illinois wheat was less active, while Genesee was in light sup- ply—the stock of New York growth having in a measure become exhausted, Rye closed rather hoavy, $1 30 was offered and $1 36 asked. The prices to-day ranged about as follow: ‘Michigan and Genosee flour at $87528 81%, including some lots of straight brands Genosee at (8 87%. A lot of Ohio flat hoop brought $9. Sales of Genesve were made to arrive in all June at $8 68%.~ Tho provision market was rather quiet, though prices were steady, Groceries continued inactive, with light sales, without change in prices being noted, Receipts via the Hudeon, June 11th.—Flour, 18879 barrels; Corn Meal, 100 do; Corn, 29) ; | Wheat 20,400 do. pn acer | Asnxs—About 200 barrels pots sold at $4 75, and 95 oF | 30 do. penria at $6 183% Brxswax was dull at 25 cents for northern yellow. Bueavsvurrs.—Flour—We report sales of 15 010,000 bbls Miebigun and Genesee at $4 75 a $8 814 ; 1,200 do Genesee and western New York brands sold at $9 8114 ; 1800 do straight brands Genesee, in store,sold at $8 87>, upon as being quite useless. A very few years bas suf- ficed to open the eyes of all unbelievers; and we find | round nnd 1,000 Genesee sold to arrive in all J) : 400 barrels of Obio sold at $8.75 a $8 Blig, ond 300 a5, hoop do. st $0. Wheat—7,000 bushels Ohio wold that the capacity of nearly every important line of cans, | #¢ $2, and 3,000 do, Iowa, afloat, on private terms,