The New York Herald Newspaper, January 22, 1848, Page 1

ee — Whole Nee £058, ADVERTISEMENTS NBW BVERY MOBNING. ——eOOeeeeee a Tl 1D “Da Ment. | tro rT ay the above gra y ited Ge arcane Mamet ies it rvs. Boson eoander. fs ‘wath of t new Pantomime. E: one grend bill. was, Peas, aud, Lathrop reas Circle and uette, conta; Boxes, 25 cents: Gallery, 1236 Sante Private each. Children under 10 years of age, when sccom) eir parents or lians, to the dress cire! snd a formance every Saturday, Ro'elock Boa ciicred by tee aee eseal proce of tho ae fo RATTLE OF MEXICO, or the Capture of ie al of the lowtecumas, written and produced ander ion of Thomas Barry, stage manager of the Perk 4 wat Mg, ‘Brorens, Daring which will be fethfally or the New Yor dlunteers, SATUMDAY EVENING, January will be performed anew National Spectacle, ent attle. of Mexico, or the Gaptare of the ‘Halls. of th ‘Ametieane-General, Scott, (Commander eMarahells, Capt, Westwood, Burke throp, J. H. Hall; Signorita Isidore, 1 jon Francisco, in love with Winthr her nurse, Stickney; Inez, Tie’s . Previous to which, the dima of THE RENT DAY--Mar- tin Hovwood, WW. Mantullt Bullttog, Me Burkes Racharl Heywood, Mrs. Phillips. Boxes 25 cents; Pit andGel- Isty 1236 cents, OF ATH aM Toe pee S ENE PIT AND jens At Desrauce of WH Kemp.—Satarda ea, ‘formance will commence. with the MILLik ab is r EN—! LA PMerborten) fae laren ANI jerbert; « ie oa Ravine, mi A 5 Tory its © " rs. 7 7 , Atar ohich, the MODEL ARTISTS Swill ‘appear in Scape) admired Tableaux, Afver which, W. H-KEMP will is onlartainment of Gymnastic Beats, ‘To concinde with leof VALENLINE AND ORSON— "H. Princess Eglantine, Miss Hildreth. Boxes, 2 cents; rit, 1234 cents. Doors openat half-past 6, per- mance to commence at7 precisely. y ITCHELL’S OLYMPIC THEATHE,—SATURDAY Evening. January 22d, 1848, fo. a 6 yrith the NEW: FLANET e New Planet, juno, Miss Roberts: Venus, Miss s the WANDERING MINST! Herbert Carroll, Miss Phillips. After | [a led BEULAH 4FA— Hector Tom ine tly, Miss Mary . |. VICTIM—Mr. 3°, Mr, Fllland; Jaue Chatterly, Mrs. Timm. Doors open at helt past 6, and the curtain rises at 7 o’clock. Dress circle, 50 cents; hoxes, 25: Pit, tshilling BROADWAY THLATRE BENEFIT OF MRO FAR: ‘ren, and her last appearance.—Saturday evening, Jan. 22, ‘The perlormances. will commence with the play off the HUNCHBAC ter Wa Bir Tho- Ke d, Mr Fi T =8 A mcennes Barrett: Beauseant, Mr Fredericks; Pauline. Mrs Farren; rd Mada fh A Imotte, own Hammadi Mebane ute - Paral, 30 cons: Fama Mpg rte fag Cave s ‘ircles. 25 eents: - eb ap open at half- Aitusyiity, cunt hee - UA DWAK THE claw lesvill: waadarine jot Coamtuct and wpemesommenel Cola waked PNAS: aderthe joi te an ol. Alv. i Beton ite orginal founder aud proprieto {r. K, A. Marshall, of oof A SIN.L the Walnus Street Theatre, Philadel this effeet having been eutered into management of the Theatre, so far eat arra Tieare snd % uot doubted ° ze. of the American metropolis, Atrenwemonts ave been made to secure the it taleut of this country an Europe. A. MANN; E. A. MARSHALL i STOR PLACE OPKRA—MONDAY, JAN. © WILL be presened, the opera of LUCREZIA BORGIA—Lu- igrra Teresa Truffi; Duca Aifenso, 8'r Settimio Rossi; sede ratul, Sig ra Lietti Ri Gubetta, 8 Lorenzo Biond ; Runtichello, SN. Paroasl irs. Selina Boulard: Petracci vargnerte and heleony. 8 MECHANICS HALL, 472 Bio-dway, between Grand aad Broome streets —Crowded to overflowing with the beauty and fashion of New York. Open every night duri the week except. Monday Inabated success —Sixteent! week of the originel CHRISTY’S MINSTRELS. the tablished Band in the United States. E. P. Christy, v, K. Pierce, J.Raynor,C Abbott, T. V: crezia. i wunsxsboras Law rencebmigé iva ‘ IS LOLS 4, stadia ey) 8 contsipy: { q Haytoy aH p a) Weeks : Zitiesilte Rhilticothe of Sma ony Kiss Oa oA) 22, 1848. TAO == a i, inal aod inim table Concerts are nightly honored wi h crowded and highly respectabi: aully admitted to excel every amusem: ELECTRO-MAGNETIC TELEGRAPH, IN OPER: ATION, BEING CONSTRUCTED, -AND PROPOSED, eo ffcred in this city m 25 cents; t 7 oelock—Cone: Pb onrs. oO} CT agprcl atS On Saturday, Jan. 23, an Afternoon Concert ors open at 2, commence at 3 o’clock. ROADWAY OBKON—ENTRANCE T a Th teus’s Saloou—Under the ementat Mr ELLs — Vhs evertog, Jan 22—-DENEFIT OF SIG, G VAL- atu fo Sopearases coe jodel Artists. — totic sone, bs Nee’: Venirleay History of ¢he Electric Telegraph—Its Rise # y TABLEAUX viv ran or living Mi "4 or Progress in the United States. +4 ‘Triumph, oben! tin, the Hose Gi We this day present to the readers of the Herald, the results of another combination of the science and art of New York. The beautiful map of Morse’s telegraphic lines has been pre- pared and executed at much pains and eost, ex- preasly for the New York Herald. This map not only shows the rapid, unexampled progress of the lightning linesthroughout North America, but it also displays the genius of another of our in Calypso’s Island, the the Queen of Ki a0’ Dream. Scene Beene of Jestousy ‘soa, and of the gloriot Box 50 cents, Paquette 25 cents, Bor ance to commence at half past o’eloc! MEKICAN MUSEUM—P.T. Barno A’ Hircncock, Manazer—Every Dx png thie week, commencing on Monday, Jan. 17, 1848—Splendid exhi- Di ious and performances, in the afternoon at also in the evening at half past 7. MASTER AND MISS Orleans. Orchestra s 123g cents. Perform- WYEETE. sged 8 and 12 years, who perform the most diff aia scat On F ray aes aa ‘They appest every after. | citizens—of the inventer of cerography. The mes we Te My ng oad ae inventor of this new style of engraving is Sidney Inge Lawyer.” Madame Rockwell, the E. Moree, Esq., one of the editora of the New Teller Admission to, the whole, 2 conte) children under | York Observer, now in London, and it is destin Resrrved front sets, one shilling each extra. ed, undoubtedly, to produce a remarkable revo- (PROFESSOR OF THE F to announce to his frends, ANNU §L CONCERT will ING, January 224, at the a Which ocession he will be assisted by the t talent :—Voeal performers—Mra Edward Mayer. Instrumental » and Mr. Kerksieg, on lution in the arts of printing and engraving. But to the telegraphic map: Here is given ina compact form the present condition of the tele- graph enterprize in North America. The vari- ous lines that thread the country, and all the stations, are noted, so that our readers can see at aglance, with what places they can be in in- stantaneous'communication. Quebec can speak to Boston, to Detroit, to St. Louis, and to New Forte. Prosramme—Part I—1_D Piano, (for four hand.) and Vicsacello, Messrs H.iWollenhaupt, &. Kerksieg, and Hexelund, id. 2. Song—" II Iabro sincero,” M: each an answer in less than five minutes, so soon as a few miles more of wire are added, and which is in rapid progress of completion. ~ Sixteen years since, (in October, 1832,) Prof. Morse, on his return voyage from Europe, con- ceived, on board the packet ship Sully, the inven- tion which is now exciting so much attention throughout the civilized world. Having the curiosity to know how he was led to the concep- tion of so novel a thought, we asked Professor Morse, some weeks ago, to tellus. He inform- ed ua that it occurred in the following manner :— After the usual mid-day meal, he and several other passengers of the Sully were seated at the table in the cabin, conversing on scientific sub- jects;and in describing some recent phenomena ot jolt, lo—Violoneello (Souvenir Suiste) : 3: 4. avation—"* Herneni.” Ph. May Orleans, at the same moment, and receive from (Boehm Flote) th Ernst, J. W. iy — Mire, rd Loder Horsini; Brano Wollenhaupt. (his first ap] 2, song of the Lark—Mra. Exatcott, Rodwell; 3, —latrodue! riations, 'h. Erost, (by desire) Beh ett—Semirami e, Mis. & Lod qi aver, Rossi irs Concerti ‘oll mp aM K. Kerksieg, Freves ateight o’clock. ‘Lic! ets Fifty ef comme ‘ents, to be had at the masic stores, aud at the door on thy ening of the !perfor- mance.o at the residence of Mr. EMNST, 395 Broadway, near Walker street opxpay EV!.sING OQUNCERTS.—NIBLO’S AL- hamra Salon ie wudertigned, leader of the celebrated © Sarategn Musie ,” at the request of numer ents, Au turn will be made electro-magnetism, the experiment of Dr. Frank- lamingted, and I i the uylkill river, to test the velocit matin ted nd Uadice ond gentiermen can obtain felrcenment? | lin on the Schuylk: r y ‘Fo commence at half pst seven each Sunday evening. G. of electricity, was alluded to, The thought at a! TU ONE GRANUINST RUN once oceurred to Prof. Morse, that if electricity Lae Rome RA) ray travelled a distance of three miles instantaneous- ly, and could be made visible in any desired part of its course, a system of signs might be devised by which intelligence might be sent. This was the germ of the invention of the t wt. Gr eating to Hambnre, rture to meo ¢ Ginlietta,” Bel- Itz. Strxuss; 4, Pot Pourri, from the Ln rent, Donixetti. Part '2~5. Quediilleg, Stags: 6. Mounds from Home (by request), Gans 7. Finale of ut actot Don Joan Monit, Petd-8 a: lew Overiure (by particniar 2M. ¥. i - gneti f i Me Gece Wie bene The aMT petiasante | electro magnetic telegraph,.Ta the leisure Laide; 1. eg ba cane AT ape! I request). ‘Tickets 50 | of the voyage, the invention thus conceiv- exch, to be hat av nsw nat 634; perorm= ie fine ta commence at 1h oclock, Pasulay, poatively the | ed was nourished, and assumed, before the joneert, Second : or ‘ Le eit the Female ‘academy, Broking, wastumeatsl | close of the voyage, substantially the character pepo aE which marks ipat this day; for it is a cireum- stance’to be noticed in Morse’s invention, that it was conceived in allits essential characteristics, as he has personally informed us, in the first half hour after the thought had occurred. These charecteristics were the marking of dots, as sigas for numerals; the recording at a distance, upon paper, in a permanent manner, these signs; and by means of electro magnetism, or electrici- ty, anda single circuit of conductors. A spe- cies of type was at once devised, and in the first week after his arrival in New York he had made the mould and cast the type; but in consequence of very limited means, and the pressure of pro- fessional duties, he did not construct his instru- ment complete until several years after. This 2 ke ntreets, by Se. every Mons Tickets one Shil- MA OF THE canvass. being Povornma Batiding, in 4 NibI . Open every evening, ence i) Ad "30 cents, children half prices ‘Pausraan will eomimence moving at 7o*elock precisely, ‘oon exhibition’ od: Wednesdays ofd Saturdays, at 3 ANVAND'S M fl ppt Rive » A’Bee. et: Mra. BL ke, “Ame vruin Mie Movers ‘To con cinde withthe fuce of LOVE, 1A W AND PHYSIC—Fl+ 6 le, Sir. Wheatley; Andrew Mr Geo An sLuben Leg, A’Rackett: Mra Hilery, Mie Thaver: Lam Mig Rogers was done, however, in the latter part of the year Wey, wor ey va TON GOTHIC HALL | 1896, in the New York City University; and early me of world; sit most central tf in the year 1837, and frequently during the sum- go d wills f the above establishment, with eg mer and antumn of that year, its operation was ht mitable witnessed by thousands in our community, who are living witnesses to the fact. ducement for ¢, These undeniable facts prove incontestibly that ea fe eS Se ote Batals Don tate | the American telegraph holds. precedence, in time, to ull others. Of its superiority, every du is furnishing evidence, both at home'and rr ad. Let the daily work which it performs testify. While the telegraphing of the Queen’s epeech, of 700 words, in two and an half hours, after much rehearsing and laborious abbreviation, is bla- zoned throughout Britain as a most marvellous Qo'elock WAITS ARE WASIL efiectually eured by thew ¥.3 w ew vuse of the medicine produces aiterstion in the condition of the stomaci, so that liquor mes oflevsive to the sight, rmell ot taste. "The remedy i eassutand eaay to tke, or dog etorfere with eupation. 5 Boston’ a ‘vate hans, int Fulton seget, - feat, the skilful operators of the American tele- graph in the United es, are in the daily habit of transmitting four times the amount in the same time, as the columns the Herald daily show. The Governor’s message from Albany, consisting of 5000 words, was sent to this paper in two hoursand an half, making the difference as 5000 to 700 in favor of the Morse system. | One of the peculiarities ot the Morse system is his conventional alphabet for the telegraph, com- posed of the simplest cont ments of signs, to wit: a dot or poin' the simple prolongation of a point. It of hisin- vention which enables him to accomplish so much. We have not space to explain, the emi- nent advantages which are the result of this im- provement on the common alphabetic letter, fur- ther than to say, that the remarkable simplicity of the telegraphic machinery is one consequence, and another of great practical use is the faculty of speech—actuully speech—with which the in- animate machine is endowed. Morse’s telegra- phic instruments speak, as well as write, their messages. Nothing in the least analogous to this belongs to any system of electric tele- graphs, as yet de Itis the result of the mechanical impres: of the coe eenti ona al- phabet. Prof. Morse has often altuded to this magical effect in private conversation; but we have never seen itso well described us in the following extract from an article “on the Elec- tric Telegraph of Professor Morse, by C. T. Chester,” in the January number of Silliman’s Journal. “ Each office has its Vania d call t signal, to which, when the line is in order response is ex- a. Thus N expresses York. The sound is so familiar as instantly to arrest the operator's attention, though he should be ata distance from the r Thus the American my is ps to two senses. Long messages have been ed from attentive listening to the the instrument. There are systems of : too, many ordinary words and sentences by a ningle letter or numeral jy the and a quick ear, conversation may be carried on between ratora with wonderful celerity. To the skilful the little brass instrument becomes an articulate cres- ture; it not only conveys his written begs ged or) his emotions. He detects converses, and cen his own conversation, as producing pleasure, vexation, or indifference.” . The tariff of charges for transmitting messages differs slightly in their prices, on the various lines, for the ‘same distance. These prices are ly ascertained at any of the telegraph offices. The New York, Albany, and Buflalo line has the lowest rates. When the aume- rous lines which are now threading the country shall have been completed, and in full operation, a convention of the various companies will doubtless settle a uniform tariff of postage. If cheap postage in the mail systeni is most profit- able, there 18 ne reason to doubt that the same effect will hold good in the telegraph; and, there- fore, it is for the interest of the companies to Teduce the charges to as Jow a standard as pos- sible; but itis doubtful if mucn redaction can take place. However high the charges on any of the American telegraph tines may seem, they are trifling, indeed, when compared with the charges on the English telegraphs. ‘To make this plain we give a single example. The charge for sending twenty words trom New York to Poughkeepsie, a distance of about eighty miles, is 87) cents; while for tweuty words trom Lon- don to Dover, eighty-eight miles, the Euglish charg sare Iis. sterling, or $242. From the facts we have stated, it is evident that the Morse system of electric telegraphs is most likely to be universally adopted ; and that sooner or later, by fair means or foul, the sub- stantial characteristics of the American tele- graph must be adopted in Europe, Already there are indications in England which point to this result. Wheatstone’s and all the needle telegraphs in operation there, are so inefficient, and so expensive, compared with Morse’s, that the Electric Telegraph Company of London, who are monopolizing all the telegraphic inventions, are “bout to adopt a new invention of Bain, which is nothing more nor less than the dot and line alphabetic system of Morse; and from which they are aiready anticipating such results as shall throw into disuse all the former systems used im Britain. There is, in the history of the telegraph, if we have been rightly informed, a chapter of injustice ed towards Professor Morse in England, in 1838, which, when it sees the light, will not re- flect much credit on the acumen, the sense ot jusuice, or the impartiality of one of Engiand’s Attorney Generals. We give below the list of the places already connected, or soon to be connected, on all the lines of te fegraph, and refer our readers to the map for their position. ue i ‘The great uthern Atijantic line, from New York to New Orleans, 1s 1826 miles in length, and passes through the following places, at each of which there now is, or soon will be, a st STATIONS OF THE SOUTHERN ATLANTIC LINE. Naw Yorn, Branchville, New Brunswick, N, J. Athens, Ga. Princeton, « Hamburg, “ ‘Trenton, “ Avavsra, “« Paitavetrnia, Penn. Savannan, ie ‘Wilmington, Del. Sandersville, (branch to Havre de Grace, Md. Milledgeville.) Battimong, ‘ei Irwinton, a. Wasuincton, D.C, ae bg wn, be 20! le, -” Fredericksburg, Ve. “ Ricuatoxp, , Ale Petersburg, - Green College, Monrneviile, Rateion, N. Claiborne, Fayetteville, N. G@ Cheraw, Monire, Camden, 4 Conumnta, “ Penrlington, Orangeburg, in New Onceans. Cmanixston, =“ The North-western line, from New York to Buffalo and from Buffalo fo Montreal, in Canada, by the north shore of Lake Oatario, is about 020 whiles in length, and passes through the followi: 8, Where there are stations:— STATIONS OF THE NORTH WESTERN LINE. New York, Lockport, sieepal Gasomsteien, Canad eepsic, ueenstown, Canada, Frathone St. Catherine’s, Troy, Hamilton, Auman, Toronto, Schenectady, Oshawa, Little Falls, Port Hope, Urica, Coburg, Rome, Belleville, Kingston, Brockville, Prescot, a Cornwall, Roohester, Montneat. Burravo, From Montreal to Quebec. 180 Miles. Montara, ‘Three Rivers, Berthier, Que The Troy and Montreal Juncti Troy, N.Y, Vv 4 Bennington, Vt, Burlington, Manchester, St. Albans, Ratland, Philipsburg, Whitehall, St. Johns, ae Montara. Middleb: ed, Side Lines. Troy, Saratoga, 36 miles. Ithact oo Binghamp- Syracuse, Oswego, 38 “ ton. 46 miles. Auburn, Springport, ithaca, Hamilton, Dundas, Wood- Elmira, Tamivs. stook, London, 75 miles. Eastern Lines The New Yerk and Besten Line, 287 miles. S Hamrronp, Springfield, Mass. Worcester, ‘* Boston, r The Boston and Portland Line, 74 miles. Boston, PoRTLann. Salem, Lines in Progress. Norwich to Worcester, 86 miles Boston, |, 26 miles. WESTERN LINES FROM PHILADELPHIA. Philadelphia and Potteville Line, 106 Miles. Pritapeurnia, Reading. Pottaville "Philadelphia and St. Lowis Lines, 800 Miles. Paitapeneata, Zanesville, Lancaster, © Cotumsus, Hanargauns Dayton, Carlile, y,! \s Cincismatt, Chamb: Madison, Levert Oe, Vincennes, Sr. Louis. *Norg—This line, west to St. Louis. fom Philadelphia, is litigation between the contractor and the patentecs. Under Contract with Patentees, and in Pro= ress. THE SOUTH WESTERN LINR. From New Orleans to Baltimore, about 1250 Miles. New Onueans, Lexington, Ky., branobin to Louisville, Cincinnati, Maysville Tuscumbla, Alsbama, Wheeling, branching to Pittabui Nasnvitus, Tennessee, — Banrimo: TATCHED LINKS Kentuoky. and {into the Cave. Hopkinavill id Loalaville to Ci |, to Portlan: Bowling Green to Mammouth C Bowling Green to Ruseslly! Clarkeville, 10 Nashville. Nashville to Memphis. Nashville, or Florence, to Huntaville, Alabama. one Ohio, through Chilicothe to Portsmouth, Wilmington, Delaware, to Lewiston. {more to North Point itimore to York, Pennsylvania, to Harrisburg, and also from York to Columbia and Lancaster, | b { i MAP 2 | EXMIDITING THE LINES OF {i iB/eNTE) AI @a = Meritian of =O hiugton, % 4 {THE NORTH WESTERN LINE, * From Detroit to Milwaukie, ehout 30 miles Desnotr, South Bend, pailanti, Niles, Ann Arbor, Michigen City, Jackson, Cureago, 5 Southport, Battlecreek, Racine, Kalamazoo, Mitwaue: IN PROGRESS. FFALO TO DETROIT; 850 MILES Burrato, Sandunky, Erie, Toledo, CLEVELAND, Detroit. As every day changes the aspect of the tele- egraphic extension, it is impossible to do more | than approach the correctstatistics. The tollow- aes not far from the truth : he total number of stations or offices_on the telegraphic lines, amount already to 155, each office giving employment, on an average, to three rsons, at salaries varying from 300 to 1200 dol- are per annum. : The total number of miles of country tra- versed by the telegraphic wires, is about 6,880 miles. Of this extent, 3,240 miles are finished and in daily use, and the remainder is rapidly ad- bbs Py completion. _ s The lines already built are not sufficient for the transaction of the great press of business which seeks this channel of communication; and consequently some of the companies are already adding to their facilities for serving the public, by putting up a second wire. Nearly 4,000 miles ef wire are thus in process of extension, or have already been extended,which, if added to the wire already up, make an aggregate of 10,880 miles of telegraphic conductors. News From tHe West [Npres— Tur Farture or tag West INpia Banx.—By the arrival of the packet Ana D. Richardson, at this port, we have received full files of West Indian papers, to the 28th ult. The rumor that the West India Bank had fail- ed is confirmed; and in order to lay before our readers all the information possible on the sub- ject, we insert the following, which we have clipped from our files:— From the Barbados Mercury, Dec. 3 | Tae West Invia Bask has stopped payment of spe- cie in redemption of its notes; which, however, and de- posites of money. ere as worthy of acceptance, and as yalaable to all holding bank receipts, as om the firet day the institution was established. It has, during a period of seven years, realized the most sanguine expectations of the community, and the cessation of cash payments, to the usual extent, arises solely through the brief space of time allowed the manager here to communicate the want of ie to the several branch establishments in the neighboring colonies, where there is @ surpius of all desoription of coins, that will, forthwith, be forwarded to Barbados. Orders have been dispatched for this su perabundant supply; and the business of the bank will ‘be resumed, within @ short period. with the same pro- mises of advantoge; holding the same confidence of this enlightened public, to whose sound judgment we ap;eal im reasonable terms, and in sentiments which bear no sign of dissimuiation. We do not, however, rolicit the heldere of bank noter, or those whose mouey is invested in the bank, to be led to cenclusions through our obser- vations; but ws do anxious'y urge them, in justice and candor, to apply to creditors, merchante, and dealers in every kind of trade throughout the Ieland, and ascer- tain the value of West India Bank notes From such persons, who know the true condition of the bank's affairs, lacs learn that this paper is valuable, and oan be rendered available at all times, and to the great- est extent, in purchases and payments. These are the ties who are capable of testing the solvency of the nk. At the moment we write, we dare not conceal the truth, that the deepest concern ightly manifested at the scarcity of silver coin for the general uses of the people, But it cannot be denied, that this want will bo reli ell : jue course of time, and of businers. mber, at a numerous meeting of shareholders, held pursuant to public notice, the following resolutions were passed :-- Firet—That this meeting views with the most intense feelings of astonishment and regret, the suspension of business by the West India Bank. Second—That it isthe undoubted right and bounden duty of all parties interested, to adopt such measures of precaution as may seem best calculated for — the shareholders and og ge from farther inconvenience than may reasenably be expected uuder the present complexion of affairs. Third—That as @ preliminary measure, it is deemed expedient to appoint @ Provisional Committee, to asso- ciate wiih # number of the Directors, to examine (he state of the bank’s affeirs, aod report thereon for the information of the sharcholders and the public Fourth—That the committee be empowered to call to their assistance the officials and servants of the bank, as may be required. and to empioy counsel, or other aid that may be deemed ‘The following committee : The committee appointed under @ resolution of the of shareholders, beld on Wedoesday, the Sh instant, for inspecting th fairs of the Barbados Branch of the West india Bank, have deemed it expedient te cantary » . he report of the provisional call the said shareholders the pur- Pethe bagi oeters them eae report of the poakion bank, e documents and evidence whio! they have been furnished, authorise them to submit. * . ° . . * The committee rej ‘osedingly that dla Bank, whlch has bern a Slosshey tote Istana for the last seven years, should have been to suspend peels payme roll end pithough it {a not for , under extraordinery circu: to these payments, and although very chien tt this desoription is liable to casualities and losses, yetthe comamnittee apprehend | that had legitimate banking ope- been atriot ered to, - stance would not have tak ebeare 3 of their duties, have be bse rms int! examined the officers of the bank, touohii the causes whi luoed this occurrence, ‘The mane ie says—“In the first place, [ think it attributable to 9 failure of Prime, Ward & Co., New York, which caused an interruption to business with that agency — Secondly, an advance took place in exo in Ameri- a, which oocasioned a corresponding rise here; at the same time the commissariat was negetiating government In the arg here at a lower exchange than the ban! third place, I was acting in accordance with directions in a letter from the Secretary, Mr. Robertson, dated the 23d October, 1847, desiring caution in the negotiation of bills of exchange.’” The Secretary states—That when he discovered that there would be « defloienoy of specie, from the proceed- ings of the commissariat,, he issued circulars to the man- agers of the branch banks (this branch included) to pre- ) by remittance, to protect the credit of the institu- jon in London ; and thereby have the means on which, at all times, he could raise specie, by selling at St. Thomas or otherwise, where specie could be procured on the most advantageous terms. His instructions in Trinidad were,to a certain extent, not carried out, from necessity ; and in Barbados,no attention was paid to them, that he could ceive. The manager’s utter disregard of his instructions and reeommendations.and his negleeting to answer letters addressed to him by order of the directors, caused him at last to abstain from advising him, until he saw the crisis approaching, when he stated to the manager, that the Commissary-General had informed him that be was prepared to receive tenders for a very large amount; and advised that he—the manager—should look to the names of the parties having the means of drawing upon him, that he might prevent their tendering for bills, and thereby prevent disappointment to depositors. That at that time the manager was indisposed as to health, but his duties were still carried on. That at that time there were no funds in the banker’s hands that he could attempt to draw for, the capital and deposits of this Island having been absorbed in local advances.” " . The committee find that undue accommodation te an extravagant amount—principally of a looal nature—hss, from time, been afforded to some individuals, whose ac- counts show that they are atill heavily indebted to the bank; and although by official doouments before them, it is shown that the manager was repeatedly warned by the present, as well as by former boards of directors, he persisted in a course se replete with injury to the establishment ; and the committee cannot but regret that the directors, when they found their remonstrances disre; ed, had not procs 1 to carry into effect more stringent measures to remedy the evil. The committee find that cash oredits to avery ens amount have been <9 from time to time by the di- rectors; and which in many instances have not been operated upon beueficially to the bank. The manager has also incautiously suffered one of them to be drawn upon before the necesrary security bond was completed ; and imprudently allowed many—including some current or running accounts—to be overdrawn to a very con- siderable amount. In the list of those who are in this position, the com- mittee regret to see the names of: the secretary, mana- ger, and cashier of the bank ; who should have been cautious in setting an ae 0 frought with evil; and oor. are eeatited to ve ~~ pero peo that, the exam- ple was not followed by the other officers at present in the establishment. m ¥ The committee find, that the failure of the firm of Barton, Irlam, & Higginson, may operate injariously on his institution; bijis to the amount of £60,500 ateriing, drawn on them, passed through this branch, a portion of which was drawn by Higginson, Di ‘and Scott here, and consequently without indorsers; some loss may therefore be sustained, but to what extent, the commit- tee cannot ascertain; nor will it be known, until the di- vidends of these firms be declared. The remaining bills are mostly protected by indorsera here, and as the Protecting parties may be considered sufficiently good to meet thoae drafts, the lors it is presumed, if any, will not be af such importance as to paralise the exertions of the estsblishment. The committee have examined the accounts and do- cuments eubmitted to their inspection, to the 27th day of November last ; 8nd they think that after all engage- ments, are taken into consideration, und estimating @ very liberal allowance for losses, there will bes large surplus of the paid up capital remaining; and by col- | leoting the debte firmiy, but with discretion, coneide- | ably reducing the cash oredits by closing some of them altogether, and by lessening the amount of others; by the depositors granting a few montus defeacence under an allowance of full iuterest; by adopting a different eye- tem of management, and placing the establishment un- der anactive supervision by a commission, the com- mittee see no reason why the bank may not reaume ope- rations. But this being only a branch of the general establishment of the West India Bank, they can only speak with reference to their individ branch; and as @ general meeting of extraordinary directors, repre- senting all the shareholders, will take place here en the oth January next, they consider that mo decisive measures should be resolved on, until that meeting shall have taken place; when, it the reports from the diffe- rent branches be found favorable, it will beeome the | duty of those who are interested to pursue that course | whieh may be most advantageous to the interests of all | parties. The committees have ordered the branch balante | sheet to be placed upon the table for the information of the shareholders. They have not embodied it in their report, because they are unable to furnish a detailed balance sheet of the alfairs of the general ;, whieh detailed s'atemrut can only be furnished after the eon- templated meeting of extraordinary directors, appoint- ed to take place as before observed, on the 5th of January : * * ‘ * next. B. L TRIMINGHAM, Chairman. The king of the Musquito territory arrived at Jamaica recently, in H. M. ship Alarm. The Haytien government has passed an act granting ‘& premium of three gourds (or threo shillings sterling) per 100 Ibs. on all sugars manufactured within the re- public, wito the view of stimulating the reproduction of that valuable staple throughout the several districts. Tho universal substitute for sugar, at present, ise thin syrwp, need by all families in the island, and from which a vast quantity of « imiserable apology for rum, cniled “taffia,” is yearly made in the republic ‘The enormous quantity of 63,000 tons of sugar was anuually exported trom Hayti. As much is not now man- ufactured as would lond a #hip’s loug boat. Several of the cane growers, since the passing of the premivm act, have begun to make sugar—though of but & £0 #0 description as yet; however, they will improve. Bavrimore, Jaa. 21, 1848. Report of the City Register—Heavy Taxes Im- posed—A Fugitive—The Mechanics—Models. The City Register of Baltimore has has iesued his annual report, showing that the tax onthe $100 of assessed property in the city required the current year, for State and city purposes, will be about $150. This iv about one-third heavier thaa it was last year, and, [ anticipate, places the taxes of Baltimore higher than those of any other city of the Union. Officer Russell, of New Bedford, M chu - setts, left this city yesterday, having in his cus. tody a man named Joha Jones, a fugitive from justice from New Bedford, where he is charged with the larceny of a note of haad of $50, and the forgery of an endorsement on the sume. _ The mechanics of Baltimore have ut last formed a regular institute for fostering and encouraging tue arts and mechanics, and seem determined to carry out fully the design of its organization. They propose to establish a me- chanic’s paper, and to hold an annual fair, the first to take place during the session of the two national political conventions the coming spring The first Sunday paper is to be started in Bal- timore this week, by your enterprising agents, Messrs. Wm Taylor & Co., and is to be called “ The Enterprise” It is to he edited by J. H. Hewett, weil known in this city as a writer of considerable merit. Burton’s ** Naiad Queen” is drawing splendid houses, and is got up in magaificent style. The “Bath of Beauty” is as attractive as Collier's Tne models at the Holiday 8, and will models almost ¢ street theatre are doing a fine busine probably remain here a tew weeks longer. slow ing yee rom $5,000 co $5,000, per year. The best of reference yiven and requred. Address, with real name, bux 675 Fou (fice, New York NHK INDIA RUBBER ABDOMUNAL SUPPORTER ‘sud Truss, pronounced by the Medics! acuity to be su- perior ty all others now ia use, and eosting by halt the price, may U&@ found at the following places an ble Druggists io New York, and Br sale aud retail, at the Goodyear Rub + Hotel Figst eeauh oN Alb cr THe FUsbs OF VAR Bachelors Hebrew bevt vote (Lou Arsoeation. wril be ven at the Coliseum Rows, 190 broadway, on Mvaday Evening, 2st of be 8° ‘Tickets $5. to admit 4 Ge rs pledge themselves (o the one of the most ed number of tickets sto be hed of the Comutttre and vd Michoil 205 Broadwey, A. 1. evy. 79 Wiliam sweet; Selegman & Samuels. 2 ( edac stree.s JD) Waiver, 40 Beaver street: 8 Schiff r & nrothe x, 299 Broot street; John D. Phithps & Co. corner of Maiden Lane and Water street; Meyer Leon & Co., 11 Platt street; Vink Levy Brothers, (9 Viidea Le: ¢; Jonas B. Phillips. 194 Pisce street; M. A Mitchell, i49 Front streery LM. Mor- rison, 134 William street. 5 iomon & Hust, 243 Broadway; Ay Kastor, 391 Bros way & Co., 490 Pearl street. tion oF expense (0 Ten A .