The New York Herald Newspaper, April 9, 1850, Page 2

NEW YORK HERALD. JAMES GORDON BENNETT, PROPRIETOK AND EDITOR. OPFOR, M. W. CORNER OF FULTON AND NASSAU STS. RALD, 2 conte per ce ‘$7 per annum, DALY UPRARALD, coery Saturday, a: OM conte per ‘er annem, By 7 , rannum ; the Burepean edition $4 fotrelude the postage. LLB’ ‘Shy mait, for subscriptions, or with adver- omnia hall, oF the postage will be deducted from the money ri VOLUNTARY CORRESPONDENCE, containing important mews. lipo fore any quarter of the world; Yf used, will rales for. oO DTICE taken of ai Aer return rejected commemtas com . ISEMENTS renewed every morning. communications, We AMUSEMENTS THIS EVENING. BOWERY THEATRE, Bowory.—Thx Mencnant’s Stesp— Jarrie Devin. BROADWAY THEATRE, Broadvay.—Ronw ro Goon Lves—How 10 Pay tHe Revt—Biisp Man's Burr, BURTON'S THEATRE, Chambers Street.—Searous Fa- muv—Unrrorecren Fim acr—An ALARMING Sacatricr. NATIONAL THEATRE, Chatham Square,—Tur Sur- eon oF Panis—Wno Srxaks Finer?—Mornea anv Cusp Ang Douce Weir. THEATRE. Astor Place.—Mercnant oy Vexice—Psev- mam Pomrion. CHRISTY'S OPERA HOUSE.—Brnortan Mivernecsy. OLYMPIC.—Prmrce’s Mivere ris. Mmopron.—Wite’s Sknenanrns. WASHINGTON HALL. Gow Mines. AGERTE, Eighth Serest NOR AMA OF THE CALIFORNIA av Exvunrrion. New York, Tuesday, April 9, 1850. Progress and Destiny of California, Bewildered by the rapid growth of California, men and nations have not yet weighed the impor- tance of her wonderful progr or adequately an- ticipated her stupendous destiny. Let us look at the past, survey the present, and contemplate the future. Scarcely had General Taylor been trans- lated into the Presidential heaven of his hopes, when a large portion of the democracy, who had honored him with their admiration, li he ancient Greek colonists, directed their energies, enterprise, and enlarged views, to the new and golden soil of the Pacific, as the substratum on which to erect a massive empire, in which republican principles, joined to great commercial freedom, might be prac- tically carried out for the admiratioa of netiona, and the happiness of mavkind. The colonies of ancient Greece were more libe- ral and independent in themselves, than tho: any nation down to the present time. The C rochi were true Californians, and, in a small way, reproduced Athens wherever they settled upon eonquered lands. The Romans were a set of fools, and made their colonies mere military outposts and garricon cities, just as Greet Britain does now, cursing every body except the officials, who feed from the public pap strained from the people's blood. ‘The whole Roman system was rotten. ‘The English system, root and branch, is rotten; and it will never benefit the home government, or the colonists, till they study the an t Greek colonies, as practicelly illustreted by California and her people. ‘We have searcely turned our eyes to the Pacific, and yet we behold a new empire already svrung up, as ina single night. ‘Theadventerous pioneers, with a Grecian spirit, have rushed upon the soil, planted the standerd of their common country, marked ovt boundaries, picked ovt jhomesteads, erected houses, chosen their rulers, built their ehurches, opened the school houses before the children’s births, esteblished their local and su- perior courts, their municipal and legislative coun- cils, and heve thundered et the gates of Rome for admission into the confederacy. Never, in the history of nations, was there a result so grand, liberal—vofettered enterprise at once so starling, #0 satisfactory, eo stupendous: in its as- pect, and so momentous in its consequences.— Here we see practice doing more in a day than theory could effect in the lapse ofyears. Com- pare the establishinent of California with the pitifal attempts of France io give her people a good and wholesome government! All the philosophers, statesmen and ¢ rals of Franee, are mere theo- rizers and play-actors in the science of government. They mey telk eed plan till doomsday; but all their talk, their “‘ wise saws end modem instan- ces” amount to nething, when compared with that wonderful reality that, rising on the shores of the Pacific, is a brilliant beacon to every continent,and and asiarof hope for every people. More has been done for the prog:ess of republican principles, and, conseq' ly, for the happiness of mankind, by Californians, in the space of wo years, than has been effected by all the theorists of France since the days of Robespierre, or can be realized in fitty yearsto come. Telk must yield to ion. Peo- ple will work out politics and government. They have not time to talk, Goverament springs out of them—not the people out of the government. It is the curse of France that she has so many talking philosophers. She must turn her thinkers into Californians—downright, active doers and accom- plishers. She must put her armies into the field, not behind the cannon—for that produces nothing but misehief—but behind the plough. This is her only hope; and if she studies the rise and progress of California, the histories of all the authors, from Xenophon to Louis Blane, may be tossed into the sea of oblivion. The first chapter of California is as much as Franee can read and di next year. Let her do it; and eventually ehe will be able, pro- vided she imitates California, to work out a good government—that blessing which never yet was obtained by prayers or talk ‘The future of California will be the future of the whole.world, so intimately will her fortunes be as sociated with those of every nation. In the brief rooord of her history, we find that almost every people and every government has an interest—a deep interest, in her progress. The great bankers of Europe—the Kothsebilds—have their agents there. The Times, the leading newspaper of Europe, has ts correspondent there. Merchants of every clime Crams on THE Treasvey—Tne Gacrutn OLaim. —Mr. W. Cost Johnson, who was one of the original friends of General Taylor, has published a Jong letter in the Republic, at ington, in which he advocates the Galphin ¢laim, as it was settled by the cabinet, and whith is now the subject of investigation. It is all very right for Mr. Johnson to come out in this way and defend the propriety of admitting the claim and the interest upon it. He is the agent for numerous claims now before the government; and no doubt that there are other agents too—in Congress as well as out of it—who are in favor of the principle on which the Galphin claim was set- led. We hope, before any removal or change in the cabinet takes place, that all the remaining old claime will be presented. ‘There is now a fair chance for all that have been accumulating for half a century past, with interest to any amount, being allowed by the present men in Washington—and probably it was a presentiment of a dream like this which induced Mr. Meredith to predict that there would be a deficiency of from sixteen to twenty milliors in the treasury duriag the present year. This isa harvest time for claimants, and they should improve the ime. General Taylor knows nothing about these matters. He takes ne interest in them, and is engaged only in preserving the Union and taking his regular walks on Pennsyl- vania avenue. The cabinet, consequently, have their own way. Itis curious to observe, too, that the weakest and most doubtful claims are {rst \'- lowed and disposed of. There has been a claim against the government waiting for settlement for three quarters of a century, which ought to be among the first that are paid. We allude to the Salomon claim, for a large sum of money advanced to the government during the revolution, by Haym Solomon, in a time of great public necessity. One would think thet this would be the first claim at- tended to; but that remains unsettled, while doubt- ful and weak ones are allowed with interest in full. So we go. This isa great country, and General Taylor has a great cabinet. Stop at the spigot, it goes at the bunghole. very teat has its calf. First come, first served. Derences or Cuna.—The Count of Mirasol, a distinguished Spanish general, with a staff of aids and engineers, has left Spain for Cuba, to improve the fortitications of that island. The Spanish go- vernment appear to apprehend danger, when there is nothing but smoke. All the rumors, expeditions and conspiracies connected with Cuba, are the creations of busy braius and speculation, to reap a harvest out of a forced disturbance. The annexa- tion of Cuba, at present, isa mere dreaw. It is like a theory of socialism. Cuba cannot be an- nexed by such summary acts as have been wildly contemplated. Time and circumstances, at some period as yet distant, may prepare the way for a revlization of the hopes of men; but we must wait for a series of political changes to take place, be- fore we cen, with any reason, anticipate annexa- tion of such an island es Cu In this country, we cannot have revolutions. The people do not like them. Such performances are only fitted to the soil of Europe. Americans wait till they per- ceive thet time, nature and politics have been wholly tired out, and then they gather their har- vest, es in the case of ‘Texas, New Mexico and Celifornia. Let Europeans revolutionize—Yankees only annex. Revolutions are the peculiar spaxins of old countries—ennexations, the masterly mes- merism of new ones. Enrope divides and con- quers. We add, and are victorious. The defences of Count Mirasol will be good points for us to festen our grapples on, when we are ready for flock thither, and agents of every important govern- | ment are prying into the mysteries of this wonder- ful creation of enterprise and republican talent. Kings and prime ministers cannot solve the riddle, which, like ell riddles, is very eimple when it is told—enterprier, unrestricted by government—go- vernment an eflect, and not a cause. That is the whole secret, and the revelacion of it will not only Cuba; but we are busy at home just new. We can wait patieatly. in, keep quiet. Mancu or Mormonisw.—Recent accounts from St. Louis inform us of the arrival there of four hundred English Mormons, who are preparing to journey westward, into the country of the singular people whose peculiar religion and habits they have embraced. Some persons may wonder that the English supply recruits to the Mormon ranks; but when it is remembered that the northern and central parts of Great Britain, and portions of Wales, have always contributed largely to swell the numbers of converis to any mew religious en- thusiasm, and that the Mormon elders, from this country, ave continually visiting Eagland in search of proselytes, all surprise will abate. In fact, we shell begin to look about at such a curious process in colonizing, and to ask, where will Mormoniam end? What are to be the political results? How far do the tenets and habits of the sect square with the potitieal religion of our constitution? The people are inquisitive already; and it is quite time that Congress should interpret the whole matter, and give to the Mormons such a government as is consistent with the constitution and the ultimate welfare of the country. ‘The Mormons are wide awake, and Congress should be wide awake and stirring in this business. Mormonism is @ reality, Give us action. Arterrice To THe Wroeren Cosvicrion.— Some very curious circumstances follow upon the heels of the verdict of the prayerful jury of Boston. Prayers have scarcely been said, the amen is hard- ly out, and “guilty” ejaculated, before the Park- man family, deeply interested in the division of their relative’s property. give the first slice of three thousand dollars to Mr. Littlefield. The world will agree that this is liberal, generous and encour. aging; and, perhaps, no one will question that the money was well earned, amid many doabts, trem- blings and misgivings, by the Janus of the Medical College. One point, however, seems to have been overlooked in this appreciation of the merits of the chief witness against Professor Webster. The nu- merous prayers of the jury, who had not time to spare from their devotions, to sift and weigh the evidence, were of enormous value. They resulted in making the course of executors er adminiatra- tors perfectly plain and easy, wo that the whole body of the property might be cut up and ecattered about, to the amount of about half a million of dol- lare, to the satisfaction of all the heirs at Inw. The first share of it fell to Littlefield, andthe remain- der will be distributed, probably, witheut regard to the prayers of the jury, which ought to avail much. They were priceless. ‘Tam Canixet axn THe Free Sort, Mownarsts.— Tris very evident, from the position assumed by the cabinet on the territorial question, that they are in favor of the further agitation of the free soil spur on the trading people of the world to larger | movement in the North, and probably, too, of the views of commerce, such as even the Medici never dreamed of, but it will inapinit labor in every quar- ter of the globe. Mankind wall learn public econo- my not frorn books, but from the great practical lew sous of experience, developed with « euddengess, a force, and a epirit, which will topple down ai! the vagaries of historians and dreamers, and establish governments upon renows principles of juice, @uch as Greece in earliest days faintly felt, but which are now destined to electrify the age. Cali- fornia is no dream. Tre Chat BreteeDar Prernvat.—The festival to take place in this city neat Friday, in honor of the birth of Henry Clay, will be fall of meaning. Senator Mangum, of North Carolina, will eome on from Washington, to give tone and character to the occasion. No one is better fitted by liberality, gene <rosity and patriotiem, to efleet thie, He his seat in the Senate with grace, dignity, and power, com- mun Wing universal respect; and no one ¢ould more ably supply the wants which so splendid a festival will eneate, The numerous admirers of Mr. Clay will eR "ht in euch a man, while, without distine- tion of patty, they will make a demonstration in favor of the futher of the Senate, not merely for bis long life of valuable public services, but for his conciliatory ang! stateemanlike position in the pre sent crisis of patie affairs. ‘Throwing aside all po- Hition) litdenese, the true boys of New York will come forward at this festival, ina united, powerfal body, ready and prom! to do honor to him whose merit they appreciate, and whose talents they honam Boys, remember your daty. complete organization of a free soil party. No other explanation ean be given of their project to admit California separately, and wait for the other terri- tories to become pepulous enough to be admitted ar States, thus keeping the slavery qnestiow open for an indefinitely long period. Such a policy is different from any that has keen recommended by any previous admivistration, and the only infereace to be drawn from it is, that the cabinet wantsto or- granize a party on the free oil agitation in the free States, and make it their whole dependence here after. It will he curious to see General Taylor, @ Southern man, giving the whole influence of his name, popularity and power, towards the organiza- ton of a faction the North, thet can lead to nothing but trouble, diseenient, dmorganizauon, and no one knows what other evil. Utrnas in Tir Pxeare.—We cannot help eon- demning the ulirn sentiments atterad &y General Shields, of Mlinole, on the ove side, and the ex- nctly oppesite ones delivered by Mr. Mason, of Virginin, on the other. ‘The one is a Westero, and the other a Southern man, and each assumes a strong ultra ground hich i cheracteriaic of weak intellects, or the purposes of mere demagegues. By such Means they de<iroy their influence, amd place themselvee on a par with Seward and the free oilers. sachusette. it taken up a the whig and free seth TELEGRAPHIC INTELLIGENCE. The Ohio Elcetion. Corvmavs, Onto, April 8. 1850. We have the returns from 41 distriets, which show the election of 84 democrats, 28 whigs, and 6 free soil- ers, There is but little doubt but that the Convea- tion will be strongly demoeratie. Interview Between the Webster Family and Gov. Briggs—-The Colored School Question, Boston, April 8, 1850. Mrs, Webster and her three danghters visited Gov. Briggs yesterday, at the Adams House, The inter- view lasted for am hour, and it is supposed was for the purpore of pleading merey for the condemned. ‘The Supreme Court, to-day, gave a decision on the colored school question—that they have no jurisdic- tion in the matter, The authority to regulate schools vests in the committee, This decision sustains the city in the establishment of separate schools for oo- lored ehildren. The Wetherell Divorce Case, &. Tanaisuvno, April 8. 1850, The bill for the divorce of Dr. William Wetherell from his wife, was to-day defeated in the Penasylvania House of Representatives, by a vote of 48 to 32. The Governor will send in his veto of the apportion- ment bil} to-morrow, Steamboat Sunk. Lovisvine, Ky., April 6, 1850. The steamer Clipper, with a cargo of salt, sunk in Cumberland River, on Wednesday last. The boat and cargo are a total loss. Mr. Carroll, of Tennessee, was the owner of the boat. Items of News from the West. Sr, Lovis, April 7, 1850, THE CHOLERA—STEAMMOAT ACCIDENTS, ETE. The steamer Peytona arrived here this morning. On | her passage to Memphis, she had four deaths from cholera among the cabin passengers. The Peytona states that the Commodore Perry was hard aground at Island No. 8, and as the river was falling it was proba- ble she would have to stay there. The steamer Ohio arrived from New Orleans to-day. On her trip, she run against Lakeporthead Bend, and shipped two feet of water, damaging her cargo, but she was saved from sinking by the exertions of her officers, She brought the passengers ef the Commodore Perry, and the announcement that eight of them had died of the cholera since the Perry left. THE CUBAN EXPEDITION Some persons have left this cily, under promise of large emlaries, bound for Chagres, where, it is sald, they will join in the Cuba expedition THE ARKANSAS PENITERTIARY BURNT Accounts have been received here, of the burning of the State penitentiary of Arkansas uppored to have been ret on fire by one of the pr s. The convicts were all saved, THE FLORIDA INoIANS A party of one hundred Florida Indians bad passed through Little Rock, on their way to their new home. GEN, FOOTE AND A Bante Fe paper states that Senator Foote has written to Mr. Skinner, of that territory, advising the people to ask for a territorial government, being silent with reference to slavery, EXCHANGE ON THE FAST The banks are checking on the Best at one anda half per cent premium, and on New Orleans at one half per cent. KEW MEXICO. Interesting News from the Ploing TRADERS ATTACKED BY THE INDIANS—FIGHT BE- TWEEN THE SIOUX AND CROW TRIGES—PROMA- PILITY OF AN INDIAN WAR. Sr. Lovis, April 6, 1850. Mr. Varques and Lieut. Dauphin arrived here last evening, from Medicine Creek, a trading post of the Union Pur Company They left there on the 16th of March. There was no snow on the Plains, and the westher had been re- markably mild, On the 1th of Ne ber last, Mr. Dauphin, in eom- By with ten traders, returned from 4 gy be ition. They were attacked in camp. at the So White river. by « party of Pawnee Indians. Mr. Dan- hin was badly wounded in the In this condi- ion he was deserted by hi« com) The Indians th took *, and then left verpowered 4 good: U; ceeded In reaching Fort Lookout. y o yon the plains, and the Fionn had collected nd of fronrfifty to one hun- dred warriors, for the purpose of starting out on a | grand hunt In Jan . whil the forks of the Cheyenne, they were attacked by party of Crow Indions, Eight warriors were killed on eack side. The Crows took from thelr enemy from one bundred to one hundred and fifty horses. The Sioux were preparing to retaliate, | The Yanetons were also preparing for » war with the Pawnees, in consequence of depredations comiitted | by the latter, The war will probably continue through- out the whole reason, There is every reason to fear that parties of Califor. nia emigr folng by the north «ide of the Platte river. may fall in with war parties of the Intians, and be attacked. Major Hutton, the agent for the Slonx. is expected to arrive here about the last of this month. The Union Fur Rog yw dl bad been very snecossfal ir. Over four thousand packs of Huffalo robes a brought in. Court of Appeals. Avnany, Aprit 8 1850, No, 44 argued until adjournment, and concluded. | New Horet—Breaxixo Grousn.—Mr. Niblo has broken ground for his new hotel, which, when finished, will be one of the most splendid estab- lislunents of the kind in the United States. be erected in front of the theatre, and will have a | pacious ball room, and everything else to make it | complete. The situation is very central, and we | have no doubt that the enterprise will be success ful in every way. Herauru or Tue Crry.—Now is the time for the city authorities to take active measures to preserve the health of the city. Warm weather is approach- ing, and the cholera may again visit and desolate | our city. A rigid eyetem of quarantine ehould also be organized, so as to prevent the importation of contagious disease. Prevention is ever better than cure. oF tHe Amenican Daaarie ap Association —To-morrow evening this eplendid wffalr will take place, at the Astor House, ander the auspiers of thé President, D.C Colden. Req. and the powerful arrey of trustess and patrons of the inst tion. The association was incorporated last yea ie now in a position to assist. i'n some measure, those who have been disabled by age and essnaities from purening thetr profession, AM true lovers of the dra. ma should be present on this ceeasion, to become ae- qualoted more intimately with the purposes of the soelety, and to aid in ite advancement Marine Affairs. Cartons cv « Staven.—Capt. Gordon, ef the ship Memnon, which arrived thie morning from Canton, after « rapid pasage, ftates that on the 4th of Mareh, | off St. Helena, he spoke the bark Pauli der the | command of an officer and crew from the English | steamer Cormorant. having been taken by that steamer of Rio, under the euspicion of being « slever The Captain of the bark, and one of the erew, were on board, would be tried at At Helena. The officer fn command, stated that the bark was sald to have been fonmerly an American whaler. and the captais Awsivensony Dixwe In command, when taken. an Amerie: Borresee “Bvercious” Veet 4 late number of the 4m Shipping Gueriie contains the following parngrenh, which hae bean republished in an © peper in thie efty, under @he head of “A Siaver, Xo Dowia” »- Sr Mrewa the a Herwien, week oo. reporte * schooerr in about Lat. ‘s rtern appeared to be shortly after hailing. hed Awettean eolors, Melis, teak did not keep the proper course for that des- sereral menom deck wore #panish hate She lnted black below, with dark green bulwarks, and hed a gilt Hgure hesd. She hes been con by other voor! arrived here. The vielons looking sehooner wer the Luther Chit pt. Baker, of Dearte, whiel called from Malia, ou ber return to Boston om the 17th of Jemuary, aad ' wes orem discharging her earge about the middie of | | | picious looking 64. The name on her horas Child. of Rosten.” but & wil over it leet month on T wharf ot Boston. F comenre Corronpe — The steward of the steamship Cher kee, on ber et coger es mamee srestees from hee pacsengers @ mon + worth, ceps ef whieh pill be found fe encther eclemn, Ld Memwox —The ship Memnon, (leptain Gerdon. for San Francisco ard Canton, . of teas, lke, Be terday morning. with @ fail moabing the voyage jo 15 gnomthe ¥ of Sioux were hunting on | Hi It will | ™ Sreamemr Hermann —In our remarks of yoeterde on the arrival of this steamer, we were isd to base our arguments upon such fects as were furnished to us by what we believed good anthority; after hearing, how- ever, an explanation on the part of the Occan Steam Navigation Company, we deem it but an act of justioe to say, that those statements are generally founded upon error, The number of passengers by the Hor- mann is eighty-nine, which must certainly be con- sidered very fair at this season; and the Hamburg pro- pellers not having commenced operations as yet, it ean hardly be said that these were the cause of the “falling off of the passenger trafic.” The Hermann has now already engaged a great many passengers for her next voyage hence, on the 20th inst.. and the com- pany have every reason to expect that, throughout the year, there will be no lack of passengers for her and the Washington, travellers having begun now to appreciate the execllent qualities of these steamers, As regards the freight of the Hermann, we were en- tirely misinformed. If the long list of consignees is not # sufficient proof that she was as full as she could hold, we can state that several of the lower state-rooma had to be removed, to make room for freight, the greater part of which was received from France. The Cunard steamers always leave this port ona Wednesday; the Washington and Hermann are obliged, by their contract, to sail on the 20th of each month, This will now and then full upon a Wednes- day, and, consequently, two steamers will sail on the same day. The Ocean Steam Navigation Company's steamers did not run for several months, during the winter, on account of the dock at Bremerhaven not yet being finished. Their contract requires them to run to Bre- men, not to Southampton, Concerning the coal used on the last voyage of the Hermann, we learn that it was Cumberland coal, the same which is taken by the Cunard steamers, and which ie generally thought the most suitable kind for ocean steamers, We cheerfully publish the following resolutions, adopted at a meeting of the passengers on board the Hermann:— A meeting of the passengers of the United States steamer Hermann, was held in her large and elegant oon. on the evening of April the 6th, 1850, when h Weniman was appointed Chairman, and Charles McDowell, Secretary, The object of the meeting having been stated. it wax, on motion, Resolved, That a committee of thre persons be ap- pointed by the Chairman, to draft resolutions expres- sive of that ohject ; whereupon. G. B, Adrain, Hermann Hege, and Robert G. Hoffmann, were named as said committee, who, sfler retiring for a fow moments, reported the following, which were unanimously adopted : Resolved, That we return to Capt. Crabtree, and the other offleers of the steamer Hermann, our most grate- ful acknowledgments for their great kindness and an- remitted efforts to contribute to our wants, comfort, And safety, on the passage from Southainpton to New fork. Resolved, That we not only consider Capt. Crabtreo & well bred. intelligent, and gentlemanly man, but also a prudent and skilful commander, and eminently qualified for the duties of his station Resolved, That having on the passage passed through some very stormy and dangerous weather, we can, therefore, speak from personal observation of the su- perior qualities of the Hermann aa a sea vessel; and do most heartily recommend her to the travelling public, as one of the safeet and most comfortable atcamships that now sails on the broad Atlantic. Resolved. That a copy of the proceedings of this meeting. signed by the Chairman and Secretary, be presented to Capt. Crabtree, and each of the other officers of the Hermann, On motion, Resolved, that the proceedings of this meeting be published in the New York papers. The meeting then adjourned UZZIAH WENMAN, Chairman. 6. A. McDowett, Secretary Sporting Intelitgenec. Cextarviten Covnsr, L. L—Pacixa.—The attractions offered at this splendid trotting conrse, this afternoon, are of a nature calculated to draw a large attendance It is the first day of the sporting season. and er thing is in perfect order for fast racing. Cayuga Mai Lady Bevins, Lady Mac, and Dan Miller are announced to contend, at mile heats, best three im five, for a purse. We have ascertained that the pags are in fine order, and if they all come te the score ae well as they are re- presented to be, this race will be well worth seeing. art Calendar This Day. 'y: Brrenion Covnt—Nos, 52, 33, 58, 14, 26, 35, 39, 71, 139, 158, 146, 163, 168, 68, 68, 113, 17, 15. 64, 101, 134, 159, 182. 115. 68, 173, 175, 176, 177, 178, 180, 188 to 186, 108, 172, 36. 126. 7 Transferved Court—Nor, 59, 63, 64, 06, 67, 68, 71, 73, TA. 4. 0. 75 to 19. 27, . 70. Count oF Common Puras—Part 1.—Non. 885, 587 503, £95, 609, 601, 603, 605, 607, 609, 613, 615, 617, 619. Part 2— No. 528. 530, £92, 534, 838, 640, 642, 546, 548, 850, 862, 564, 856. 55S, S60. , ‘a Auctioneer—Farniture Sales. ‘oe ‘oewe will their personal and prompt at- Sentlontts: the salce et Parsivere "ef families breaking w jourekeeping, or will receive it for sale, at their new an: Sepacions Auction Recms, 57 and SIV roadway, eorner o G, Saunders’ Patent Metallic Tablet Razor Etror—the oldest and most approved Strop now in woo saving been before the public for the last thirty years, eam De had at the ealscriter’s, wholesale and ret AU M7 Broadway, eorner of Liberty treet, and 37 4 About Umbrellas.—No stock ts reo fre- re worth keeping. a valoale Aesertssent of sil faithfally made and theron weather proof, many them forpie! with eplendid carved handles, and mounted stron servicen'le. "Bit iteadway, opposite St. Paul's, Faultiess and Fashionable pring Hats for 18%), n Gal. Daguerreta ie really worth visiting, both aa to mot distinguished persons, end the finest Foaetnating, fre KNOX'S new The Plumbe Nation lery, No. 261 Prond the largest collec in any country. We feel jas- ‘ishing good piebares ean be or Portraits on Paper, of any ‘albotypes, to the sive of life, are dai yom in & very enperi Myte Eidul Reeadeny. ty “WENA CeRini National Colicetion of i eettnenis garee ta made in the steamers Paliforn! roves ines, 308 Broad ren dors above Nitiete. ve be. eavreets es regaeds th in that conatry. ty ‘one, and the views corrert, as have . Bayard Taylor and many ethers. # Pain -. the ‘The wale at avetion, by chants’ Frebange, Vote at R: ET four inte dally, ‘ata expense of $9) per ast oe ee a reo pleassas Site ote sul eave, is veldcen ore i Gieaed teenth and es : Seataning thei deserptien ‘and the information about the Tai oe Wabln TWiikiy "STE Rone ea Viose 23 Maiden New York. ‘Biel Be. ial ping. King. of the elty of New David i. tidoteas the moet wonderfal of all anti-mervows and enti- cite ie, without oe, the WeteR" la betule or O00 dooed. 100 Nacsa awese. Comb Faetory, 387 Broadway, between ene i. ption of Com), Hater Dyc—Batehelor's Genuine pT tyke Pa emcee fi Perseus weer, hal Teieeties Ser * a, oar bait hes Slog teem th the imitn > 4 by calling as above. Copy the address, dyes, oan ave it sonreet- Gourand’: Halian Mediested Soap, for enring all phin ditoures, diseolerstions aod Ly 9 Poo. are Subtile for eradicating euperfocns hair of he Nady. aly White fo the. somplexion. - etree:, fret etore From (: i and Bator & Jordan, 120'V ashington etreet, ‘The Clearness and Bea ot Broad best thing made for Sai acer naapiag 10 Riling 06, Be. Salta See ee ee EE a eee MONEY MARKET. Monday, April 8-6 P. M. ‘The rtock market opened quite buoyant this morn- ing partie for government and Btate stocks. Large orders for U. 8. 6°s came out by the packet, and pur- chasersentered the market in great force. Sixes of 1807 advanced 14 per cent, and Coupon sixes 1s; T- linois 6's. % ; Indiana 5a, 3s ; Penna. 5's, M4; Erie Bonds, ne Erie Railroad, }y. Long Island, 3; Farmers’ ; Reading Railroad, \. North Ameri- can Trust tell off 3g. There were large sales of Erie Bends, recond mortgage, at the first board. A few shares of Illinois State Bank were picked up at prices current on Saturday. Brokers having orders for this stock dare not bid very actively for it, fearing that they might not get it at their limits. The orders are principally from the West, and the advance does not tempt holders here to sell. At the second board, more than reventy thousand dollars of Erie second mortgage bonds were rold, part of which at an advance of 14 per cent. on time, Illinois Bonds improved 3 per cent; Eric Railroad, 4; Harlem, 34; Morris Canal, %. C: ton Co. fell off 34. Government stocks closed at prices ruling in the morning, ‘The receipts at the office of the Assistant Treasurer of this port. to-day, amounted to $72.453 86; pay- mente, $905,753 77 ; balance. $3,698,225 16. The large payments to-day were on account of the Mexican in- demnity; there are drafts for a little more than a mil- lion on the same account yet outstanding. They are floating about Wall street, and may be presented any day. The steamship Georgia, from Chagres, brings $300,000 in specie and gold dust. The total amount of specie exported from this port, this year, is $563,500, The Canal Commissioners of this State have modi- fied the tariff of toils for the present season. by erasing the words “in original packages,” as applied to sugar. molasses, coffee. crockery, and steel, eo that they will pay @ uniform rate of toll, in whatever form they are packed. The following is the act to prohibit corporations from interposing the defence of usury in any action, which has passed both branches of the Legislature of this State :— Brerion 1. No corporation shall hereafter Interpose the defence of usury in any action. 2. The term of corporation. as used in this act, shall be constructed to ¢nelude all associations and joint stock eompanics having any of the powers and privileges of corporations not possessed by individuals or partnerships. 43. This ct shall take effect immediately. The Boylston Fire and Marine Insurance Co, of Bos ton has declared a semi-annual dividend of 6 per cent. The Adams Bank. at North Adams, has made a remi- annual dividend of 345 per cent. and anjextra dividend from its surplus of 163g per cent, making in sll 20 per cent. The arrivals at Baltimore during the mouth of March were 179 —41 from foreign ports and 138 coast- wise. Of the above foreign entries 31 had cargoes sub- ject to duty. 4 had free eargoes, and the balance were in ballast. During the month of March there cleared at the Baltimore Custom House, for foreign ports, 39 The tonnage of these vessels amounted to 9,- 827 tons. The total value of Exports during the month of March was $852 656 22; of this amount, goods valued at $226,00265 were sent to various ports in Califor- nia. The Auditor of the State of Kentucky furnishes an estimate of the receipts and expenditures of the State Treasury, for the two years ending Oct. 10, 1851. Total amount of the probable expenses of the government, including unpaid appropriations for previous years, $724,143 24; probable amount of receipts, ineluding balance in trearury Oct. 10, 1849, $727,172 68; leaving a roppored balance in the treasury, Oct. 10, 1851, of $3.029 44. In this calculation, the Auditor has not included any payments out of the revenue department to the school fund, as it 1 presumed the sinking fand will be in a condition to pay all the interest en the rchool bonds. The Chicago and Galena Railroad Company have de- clared a dividend of ten percent. The net earnings for the year amounted to $25,000. The average run- ning distance during the year was leas than twenty miles, As the earnings of the first section of the road are pledged for the payment of loans which were made to complete it, the dividend declared will be paid in certificates, which certificates are convertible into full stock, when presented in amounts of one handred dollars, They are also assignable, and ean be used by Any person, whether a stockholder or not, This road has been economically built and well managed, and we have no doubt, when completed, it will be one of the most productive roads in the Western country. About four years since, the Canton Company made a dividend in land scrip, giving to each person holding ff- ty shares, or one hundred sharos, ten per cent, which was valued at $500 for fifty shares, and $1,000 for one hundred shares, the value of the lots being estimated (as they were considered the choice of the Company's land) at $500 each. The market value of this scrip ranged from three to four per cent, until the company, by order of the board, entered the land appropriated for the payment of this scrip, for sale. In November last the sale was made, and the company divided among the holders of the scrip about 1), per cent, equal to about $75 per lot. This was, at the time, con- sidered a fair test of the valae of the company's best lands. This is a fair sample of the yaluation placed "pon property held by all kinds of ineorporated com- panies, and the exposition of such things should serve fs a lesson to the public generally, When the upward movement firet commenced in Canton stock, itwas our opinion, and we reveral times expresred it, that ihe parties who had taken hold of it would undoubtedly carry it up several per cent. It has been purely pecuiative movement. |, as euch, must reach ite culminating point and explode. We have never had the least faith im the reports which have from time to time been put forth by the bull organs, but, om the con trary, have looked upen it as one of the bubbles of the Gay, that would burst when the proper time arrived. That time is now at hand. Those who hare worked the machinery are nearly ready for a reversal of the engine, and when the stock takes the back track, it will go onder a full head of steam. It appears to ue that {t must require a vart deal of confidence to carry any of these fancy stocks over night, and we have never been able to reconcile to our mind the fact, that many holders of these securitios are, tn most other things, cautious, calculating individuals, Take Canton Co. mock is an instance of the arbitrary, ertificlal value fixed to faney storks generally, and it seoms moat extraordinary that people can be found to earry them twenty-four hours. It is very often asked In Wall street. who holds all the finey stocks over night, or from Saturday to Monday’? and we have never hoard the question ratisfactorily answered. Gerived from the operations of the luring the year ending Deeom- tEngas iisaze | ! 2 2 z rem argc, F 3 3 aBiesbeies | 2 BE Exosed Haass 3 | Hi From past experionee, it is believed that the present tariff of tolls iv about at that. poimt which will yield the company the lnrgest revenue, while the eanal is in ite present condition, Allowing for the ordinary in- create of business. it in estimated that the receipts from tolle and other sources. during the ensuing year, will amount to about $110,000, and that the eurreut charger will not execed those of last year, It wae stated in the last annual report, that a further supplement to the charter of the company had been granted by the Legielature of New Jersey, authorizing the issue of a preferred stock, and couferring other im- portant privileges. That law provided that the act should take effect “when the rame shall have been accepted by the stock- holders of the raid company:” and on the 18th day of May last at a meeting held for that purpore, in a man- ner and form set forth in the sixth section of sald sup- plement. the stockholders did, with catire unanimity, accept the suid law. In accordance with the provisions of said supplo- ment. books of subscription to the preferred stock were opened on the 18th day of February last, and there has been subserihed, in all. 3060 shares, payable at suck times as will provide the means for prosecuting the improvement of the canal and its works, as fast as the same can be done economically. Arrangements have likewise been made to issue, of the preferred stock, in addition to the 3,060 shares above stated. an amount sufficient to pay all the float~ ing debt, and the interest on the bonded debt due, an@ to become due, April Ist, 1851. The interest ov the bonded debt will amount te about $00,000. and the floating debt will require about the same amonnt to pay it, so that the preferred stock to be issued will not vary much from 6,000 shares, or say $500,000. By this arrangement. the company will be entirely relieved from all claims growivg out of their present indebtedness, until October Ist, 1851, and their entire indebtedness will be reduced to the sam of $423.35 being the bonded debt due on the Ist day of April 1856. The improvements designed to be made daring the present year are the construction of new planes west of the Summit,on the plan of No.6 west; and the other repairs and improvements recommended in the annual report of 1848. by means of which the ascending navigation from west to east will be perfected, and a capacity given to the canal to carry at least 500,000 tons annually. At the last session of the New Jersey Legislature, » General Banking Law was passed, similar to that ex- isting im this State, It seems to be a well guarded: bill. and will furnish a sound currency. We give be- low an abstract of the principal provisions of the bill — hte 2 Rewulates the engraving, registering, te. of he net . Sec, 2, Such notes to be issued by the Treasurer, on deporits of the stocks of New Jersey, Massachusetts and the United States, equal to par for a six per cont stock. The amount issued under this act must not exceed in the aggregate three millions of dollars. See. 3. Associations authorized to issue aud loan notes as money making them payable on de~- mand, without interest. No motes to issued pay- able elsewhere than at the bank. Seo. 4, The interest on the securities deposited to be withheld by the Treasurer if they should beeome ta- sufficient security for the cireulating note See. 6 One-third of the security inay be in bonds and mortgages payable in one year, at 6 per eent in- terest—to be on unineumbered productive real entate: worth three times the amount. No mortgage to ex- coed $5000. See. 9. Further security to be required, if deemed necessary by the Treasurer, Governor and Attorney- General. See. 10, Three days after protest of any eireulating notes, the Treasurer shall give notice that all the notes of the protested bank will be paid by him ; aud ten days after, he may sell all the securities of such bank in his hauds and redeem the notes, or may post- pone the eale rix months. Bee. 12. Plates dies. &e.. of circulating notes to re~ main in posretsion of Treasurer. Expeuses of this act to be assessed on the banks, fee. 13. Provides for renewal of mutileted notes. See. 14. Misdemeanor in any bank to issue notes not countersigned by Register. See. 15. Associations to consist of not leas than reven citizens of New Jersey. A; eapital not lees than $50 000. nor more than 000. fee. 16 17. Provide for a certificate to be given of the name, capital location, &e. of the pro: bank. 18, Assoc! have power to chose ell bul a fs J See. 22. Stockholders to be individuall, ible for any default of the banks to the of Saal spective shares of stock. Kee. 23. 24. Provide how action to be brought against ttockbolders. Ree. 26. Stockholders to have claim against assorla~ tien for any amount paid under individaal Mability rection. See, 28. To hold real estate sufficient for the eonve- nient trancaction of business, and such as rhall be uortgaged to the association in good faith. See. 29 to S2. Provide for report of banks and their examination. ‘ = No dividends to be made unlese eapital an- impaired. . 34. Protested notes draw 12 per eeut interest. See. 36 to 38. Provide for winding up tanks by stock- holders. See, 39, The presidents, cashiers, directors, provisions, duties, liabilities, tax and pe- to all ti nalties are. The above act was approved February 27. The only objcetion made to its passage was that It was too strin- that no association would be formed under it. kee other of the banks, to be which the officers of the 3 iam a 1000) Morel canat vam) sea ES J =} a0 s 4 = : 2 i 3 5 & 5 s8fes ss : = . 235 Bs 7 ari « a Hit State Bik a Canal Co i i : F¢ ee Hi & 7 eer = bey vse7 ey Sah: pesdapalaiead SO 0 Farmers’ Trot is do do oe Morris ( we Beet Cone do “anal Ilend smeeth LT a, ae AY ar oN PATCEDAY, OTH INS. qORL M. B.—Tho ears will leave the ne at? wel 5 . SSot PMs earning RD HOSE PLpas ROUND—TROTTING — R Loge of Sah wit ra Ty ee aie Ig fore (ar torves tbat never stctiah for mig ae bate, k tata” paddies. Batriee wade we “