The New York Herald Newspaper, May 19, 1851, Page 2

OFFICE N. W. CORNER OF FULTON AND NASSAU STS. ce y HERALD, 2 cents per copy—8T per | geet srt Sateen at Se AMUSEMENTS THIS EVENING. BOWERY THEATRE, Bowery—Warren Tranett— D ———--oa THEATRE, Broadway—Roven Diauonp— ee. |, Broadway—Graxpratuer Warre- FA) nour. BURTON'S THEATRE, Chambers strect—Lowpow As- | @wRance -CRImsON CRinES. NATIONAL THEATRE, Chatham street—Damco anp Parnio—TxaLana, BROUGHAM'S LYCEUM, Broadw: Fortune or War —Dow Giovanst in Lonpon. iui Rear MINSTRELS, Mech Mechanics’ Hall, 472 Broadway RELSY. FELLOWS seaming ad ‘Beoadway—Erniorias Mev AMERICAN NUSEU! @ Penronmances Ar- | WaRnoon axp EyEnine, New Yerk, Monday, May 19, 1851. | Telegraphic Intelligence. We gave yesterday, about three columns of | telegraphic reports of the progress of the President | and his cabinet, together with the speeches made at different points. This will account for the brief | report which we publish this morning. However, one fact is evident—that Mr. Webster, above all ethers, has had the hearts of the people during this excursion. We give his brief speech on his | arrival at Buffalo, on Saturday evening; and, as | he has been offered by the people of that city, a eomplimentary dinner, to take place to-day, we may be able to give a telegraphic report of it to- morrow. lt will, prebably, be one of his great efforts. The Cuban In jers—Important Charge of Judge Betis on the Neutrality Law: On Saturday last, Judge Betts, of the United States District Court, delivered a most important | eharge on the neutrality laws, to the Grand Jury, | who have just been assembled to investigate the ac- | eusations made against John L, O'Sullivan and two or three © , for attempting to get up a mili- tary or marauding expedition against the island of Cuba. The Judge examines the law in all its points and bearings, and, by implication, conveys a very severe censure upon the United States authori- | ties at New Orleans, for the gross mismanagement disployed in the recent s thero—through which, Lopez and his associates escaped the consequences ef their unlawful acts. Apropos of the New Orleans trials. We per eeive that the New Haven Cowrier and the Lowis- ville’ Journal take strong exceptions to the view | which we have recently given, of the inefficien- ey of the United States governmen’ in conduct- img the trials in New Orleans, against Lopez, and other violators of the neutrality law, af- greeting the tions of this country with the island of Cuba. It is intimated, by one of these | journals, that the United States government could | mot 0 easily purchase a verdict against Lopez, im New Orleans, in consequence of the condi- tien of public opinion there, as any person, with | any ridiculous speculation, might be able to pur- hase a puff in the columns of the New York Herald. | If our cot@nporary beyond the Alleghanies would try such an attempt on us, he would find, as many ether blockheads have done, that it would be very much easier to purchase a verdict anywhere, than to buy a puff for any ridiculous project, from the Naw York Herakt. But that is not the question. We have insisted, and do stili insist, that the Cuban trials in that city were most grossly mismanaged by the agents of the government there, from beginning to end, without reference to the condition of public opinion, of any kind. The principal offender against the neutrality laws, in that expedition, was Lopez, who had been indicted by a grand jury in New Orleans. There was ample and vafficient evidence, floating round the country, to convict him of a violation of our Jews; and yet, although he was the head and front of the expedition, the United States District Attorney at New Orleans passed over the principal criminal» and brought up for trial, in the first instance, one of those against whom the evidence was slight and ive in the highest degree. We allude to the of Gen. Henderson. He had little or Bo connection with the Cuban expedition, further then that of being the agent or broker for the sale and transfer of a steamer. It is probable that Gen. Henderson may bave sympathized with the expedition; but he bad committed no overt act, implicating him in the violation of the neut rality laws, and althengh there may have been sufficient evidence for an indictment, there was none for acon- vietion. It was the same in the case of (ieneral | for the United States. | urges us to be ready at the earliest moment to | the English government, particularly under Lord Arrarss at THe Saxpwren tst.axos—Tamear, Enxp Biockapk by rite Fxancu—Psorosgp Ax NEXATION TO THE Uni rep Srates.—The recent in- telligence from Calitomis has brought us some | highly important news from the Sandwich Islands, | the government of which has refused to aceede to the demand of France with respect to the restora- tion ofan alleged excess of duties imposed on wines | and spirituous liquors imported from France. It ap- | pears, also, that some other demands have been | made—namely, that French and American inis- j sionaries shall receive the money of the Ila. _ waiian government for their lubors—that the | French shall be represented in the eabinet of the King, as Englandand the United States are as- | sumed to have a representative in Mr. Wyllie and | Mr. Judd. ‘These claims are very remarkable ones, and though they are made with the threat of a block- ade, unlese complied with, we are well assured that they will not be regarded. In the first place, the duty of five dollars per gallon on wines and spirituous liquors imported from France is a very proper rega- lation, and the fact that the duties levied on ale, beer, and cider, of British manufacture, were re- funded, gives no reasonable ground for @ similar demand upon the part of France. With regard to the assumed representation of England and the United States in the King’s cabinet, the demand of France is still more preposterous. The kingdom is perfectly independent, and is not subject to the dic- tation of any power; and when France «makes such demands as we have cited, it makes itself as incon- sistent as it does in that most silly of all its de- mands, that the correspendence between itself and the cabinet of the King shall be carried on in the French language. There is, however, one point with respect to this business, which, independent of the interference of | the French government, has a very deep interest Since the government of Hawaii, or the Sandwich Islands, has been threat- ened by the French, there has been a disposition among the islanders to be annexed to, or in some way to become subject to the protection of, the United States. This is a feeling which cannot but | be regarded with the warmest encouragement and favor; and the fact that we have now a rapidly in- creasing part of our country on the Pacific shore, | secure some great points in the Pacific seas, for naval ports and other purposes, which may be ad- vantageous to our country, after the great commer- cial revolution produced by California has had its due influence upon the world. Polynesia furnishes us in the Sandwich Islands—provided by any ar- rangement with the government it can be brought about—a great desideratum. The United States | might derive vast advantages from the port of | Henolulu and the coast, in consideration of extend- ing a protection over the people, a large number of | whom have been citizens of the United States, and who have a great interest in securing the kingdom against the assaults of foreign powers. Without, however, indicating precisély the mode in which the Hawaiian kingdom should be virtually annexed to us, we may very properly desire that our govern- ment shall give an enlarged, comprehensive, and liberal investigation to this subject. It is very im- Portant to inquire whether or not there is a proba- bility that, in a few years, some point between China and California will not be absolutely es- sential to the proper protection of our commerce in the Pacific, and to the security of the Pacifie coast of the United States. The Sandwich Islands are, indeod, to California what the West India Islands are to the Southern States, and are destined to have a very important influence upon the course of commerce, whieh is to be very much extended throughout the islands of the Pacific, to Australia, China, and Japan. While | — Palmerston’s troublesome, trespassing, but yet sagacious policy, is fortifying its position in favor of British commerce, our country and our govern- ment are altogether too supine on questions of this character. Even the desires of foreign powers, who need our aid, aro not promptly considered. All the world, except our own government, perceive and acknowledge the grand position in which this country is about to be placed by the discovery and settlement of California and of Oregon; and could we only awake to a full sense of the necessity there is rapidly growing upon us of having formidable outposts to our great extent of coast on the Atlantic, the Gulf, and on the Pacific, some great national policy might be the result, which would be of vast benefit to our commerce, not for the present century oaly, but for the next one, and, perchance, for manya one after it. The world is about to see on the coast of Oregon and California as great changes brought about in the commerce of the world as have sprung up within the last half century on the Atlantic seaboard. In afew years the whole Pacific shore will be busy with an active population, engaged in a direct trade with China, Japan, and every other country and island of the Eastern hemisphere; and while France, England, and other powers are aiming to retard the inevitable tendency of our new settle- ments on the western shores of the coatinent, it be- comes us to be alive to the importance of the great future before us. There is, however, apart from the selfish eon- siderations which prompt us to give aid and sup- Quitman. We speak from what we know. ¢ ral Quitman also sympathized with those connect- ed with the expedition. Genera uth oes be 5 fore his death. After his death, General () ‘was the next in rotation, apon whom the in were to confer the leadership. Ho, alined the position, warmly in fav n opinion, andr inst them. e well kine ew Orlean efthe government at > Silso in Washington. T! Gest insisted upon, in against Loper. The result turned out the instigators of such a cov Bon could not be convicte United States Dist pet, but really sympathizing with L. @ a male pr equi on the whole batch, and thus allowed | him to esenpe. Here was the groat r of th government of the United from its ignorance or its echeme concocted by Mr the State Departinent, and a consequence of satility and want of firmness, throughout t! expedition. The f President Fillmore | has been in following. ignorantly or knowingly, ws | * «do not know which, the plane ¢ ted by Clayt —plans deliberately adopted for letting the Cuban | Anvaders escape. Probably the present adminis. | tration may have bad another motive. Quitmen | War on ultra State righte politician, and they wanted | to embLarra At all events, the soudact of | was weak and imbee ia him. mn triala at New Orleans. ether they will exhibit more firmnoss and determination in managing thoes about to take place in this city, time » Dur’ he present week: } the Grand p th t | ring here, and bt 1 ami the public pr t ‘i Metropolis will » Baws, with ae firm a de a evinced townrds the f York will give to r ‘ . eel Segal, and constiiutional frw , that : tmueh a contrast to the fect i ment of the New Orlenr lesson to the parallel imbec'! tion at Washington. Tee Wins avo Ween Qin The daily | ead Munday newrpapers are mostly out very ea ly against Webb, though they do not think Wil a caint. More developements are coming. | port to the kingdom of Hawaii, higher reasons, l« ry « by Spa ms grounded upon those lofty moral impulses which | ang ai ignify a eo and liberal government. be time has gone by when our poverty as a nation waa tiieted us to act merely on the defensive. We aie pow powerful and able to cope with the most potent nations of the earth; and where the ty, and of the peace and prosperity ions, demands the intervention of our le reckless invader of a country, wo should not eak, whoare Such being the and gre th strugs bariem to civilizet Ton. —Accor alent NONTRURNT hic di mu has « ‘ound, and gone to on ra tickets are selling there at from one to five ar preminm, under the management of Maret- tts that used to produc “here th ars each, do not yield eight thou- k; while e 5 # are things exploded, out of date unl gone—gone—gone. We could not get up an now, in New York, to hear any of the angels What does it all should try our utmost. , las the great Napoleon of showmen, Bar- ; packed away his influence and popularity in the trunks of his elephanta, or has he sold out to Maretzek, w new riding on the telegraphic | Wires from of the country to the other? | There great excitements in Boston are | new, and if Maretzok is going to take the 7 } a Central Literary Bureau, with fall powors to send for pertons and papers; and when any one of | him by telling what is really going on, to have one | of the experts at correspondence ready to givo a flat | ‘nontrad 1» in some out-of-the-way paper, pab- on the borders of New Brunswick, or in the wanotr ty Aut, Caratiox—The or General Hall and Senator to Dunkirk and BaTalo. + ‘sare a little better, but f the President himectf oN { correspondent calls nable conduct taking or attentionto certa ati place ocsasionslly at the pxbibition of the Art Union, stating that it begins to be disreputable for respectable ladies to be seen ther¢, We decline his strictures | tions in life. | edwith such a vast engine Tus AND Onnaow.—The news from California is highly _ favorable to our bopes of the ultimate prosperity | ofthat great State. The struggle for good leoal | and State governments is still going on; and thoagh in some districts the stern justice of Lynch law is still resorted to, for the protection of society, yet there are signs of a more becoming administration of law, which promise to come into force apex those who outrage the public mind by acts of robbery, violence, and bloodshed. ‘The newspaper press— the great lever of civilisation, when well directed — is having « vast influence upon the enterprise and industry of California, and the world has never seen such a spectacte as is presented by the nuim- bers of daily and weekly journals which are pub- lished in that new country. The power which such | a series of rapidly publuhed papers may have on the public mind, it is trae, may be for good or for evil. Much depends upon the commanity—bat it is gratifying to Gnd that generally the California pewspapers are devoted to law and order, and to the greatest prosperity of the people at large, as an intelligent and industrious community. ‘There are two facts in the news from Cuifornia and Oregon, which are quite important, as (hey are ominous of the future progress of our citizens on the Pacific. The enterprise of the people is fast urging them to seck for further territory upon which to exercise their skill and industry, and evi- denees are fas! springing up that the annexation of Lower California will be an event not very far dis tant. Even the mines of Mexico, of Durango and Sonora, seem to yield but scantily, wader the im pulses which work them, as communicated hy the Rothschilds, the Barings, and other foreign eapi- talists. Labor, directed by real, is the best capi- talict in mining operations; and the day mast come when the people of the United States will ascer- tain the real productiveness of the mines within the territory of Mexico. The Mexican gove ment, by imprisoning Americans, and by neglect- ing to enrich themselves by the resources of the soil, are creating a thirsty spirit among adveatar- ors, which must, sooner or later, end in the move- ment of a large portion of the American people towards that territory. With regard to the future commercial spirit of Oregon and California we have great bopes, on ace count of the recent discoveries of valuable coal de positson the Pacific coast. This fact will cause a great increase of the steam marine, and we shal) | soon have a line of steamships established between the Pacific coast and China. Already the govera- ment is in treaty forthe despatch of mails, by steamers, to the Sandwich Islands, and the pros- pect is that, in ashort time, Oregon and California will become as highly favored by commercial faci- lities as any of the States on the AUlantic seaboard. Svppen Breanine Ur oF Tae Rarmroap Presi pentiaL Toun—Srx Canpipates ex Rovre.— cording to our telegraphic accounts, the President and part of the cabinet leave Buffalo to-morrow | direct for Washington—Mr. Webster ix to make a speech to-day, on invitation, to the poople of the West. What is the meaning of this sudden change in the Presidential programme? Has Mr. Seward frightened Mr. Fillmore off his owa dunghill? Or has Mr. Webster received too much of the popular applause? Really, some of the machinery is out of joint. We perceive, too, that the Buffalo Express—an organ of Seward—came out with an enthusiastic sketch of General Seott, nominating him to the Presidency, on the very day of Mr. Fillmore’s arrival in Buffalo. Here is seen the finger of Seward and Thurlow Weed. The unreported speeches, sayings, talk, and inci- dents of the Presidential tour to Erie, would reveal adrama of the deepest interest to the benighted world around. One of the most impressive facts which struck us in reading the reports of that tour, was the presence of so many [’residential candi- dates in the trains. At one time there were no less than six. Three started with it from New York—namely, Fillmore, Crittenden, and Web- ster; and three jumped up behind, like naughty boys, on the way—namely, Douglas, Seward, and Marcy. We belive, also, there was a larger qlan- tity of candidates for the Vice Presidency—at least a dozen. Considering that this was a trial trip—that the machinery and road were new—that some of the en- iON AND Prosracrs or Cauiromua | NEWS BY TELEGRAPH, ‘The Reception of Mr. Webster at Baffalo. Burravo, May 17—P. M, ‘The reception of Mr. Webster was very enthusiastic from those who knew of his arrival, Abeut five hun- dred heard of his coming, aud they made the demon- stration, It was not known that he would arrive to-day, as the President did not receive any answer toa tele- graphic ditpatch sent to Mr. W. to ascertaia when he might be expected. Yet the news spread like wild-fire, particularly as the boat had some difficulty in getting to the wharf, About five handred persons marched after the carriage, which drove to Phelps's Hotel. ‘The people clamored for a «peech, and Mr, Webster addressed them from the beleony. He said :— Oitizens of Buffalo, I thank you for the interest you manifest in my present visit te your city. T eopgratu- late yon ware nite rapid and wide (improvement since 1 had ting it some eleven years ago. You Eo ey he you. Tam too fatigued to make a S——,; but Tam not going to leave your city mediately. You will all have an opportunity of calling come. Itisnight—Saturday night. We want repose for the night, in order that we may the better discharge the duties of to-morrow, Good night, gentlemen, and 1 hope to have the pleasure of seeing you on Monday. Mr. Webster then retired, ‘The people dispersed, after giving nine cheers to the Ckampion of the Jonstitution, ‘The President is at his futher’s, at Aurora, and the | cabinet went to the Falls to-day, Telegraph Convention at Dunkirk. Denim, May 17, 1851, Delegates from several telegraph companies embraced in the router from New York, Cincinnati, 8t. Louis, and the Lakes, are hoiding a convention to organise a more perfect union between the several companies, correct | wuch defects as have bef discovered in the system, and | adopt ruch improvement of the lines as their united ox- rienee has wuggested, The convention was orgaaized the eppointment of Col J. J. 3 Frevident: and 8. W, Hotebkiss, of Wace, of Columbus, secretaries. iiwaukie, aud J. 1, Virginia Convention. Ricusonn, Va., May 17, 1951, ‘The eemmittee, to-day, reported to the convention the compromise, as adopted yesterday, with modifeations. A motion made to rtrike out biennial sessions was re- ected. Mer Boeock offored an amendment, which was id om the table and ordered to be printed. On Mon- day the question will be taken on submitting to the pe ple the proposition to apportion representation according to the white population and ohe whole taxation of the State Severe Storm at Washington. Wasmuarow, May 18, 1851. A violent rain storm visited here this morning, about three o'clock, accompanied with terrific thunder and Vightolng. The bara and stables of W. J. Stone, near Columbian College, were struck by the lightning, and were totally consumed by fie, together with eight valu: able borses, carriages 4 ning struck several other houses here. and , but without doing verkius damage. Elopement. Bosroy, May 18, 1851 On Saturday afternoon, a gentloman, manufacturer of bronze goods im Broadway, New York, arrived in this ett a yem of bis wife and child. who had absconded with painter The missing trio were found ata Boarding he house in Third street, Bast Cambridge. and were taken into eustedy ona charge of adultery. They were committed to jail, The prigcipal object of the pureuit was to obtain possreiva of the child, an inte- resting gisl of five yeare old. Piiietsiyhte Items, Piwapeenna, May 18, 1851. Bihop Whittingham held a confirmation in three churches to-day The Coroner's jury, to-day, retarned a verdict that John Meinder died op Friday night, from « biow received on the )(h lostent, on board the schooner Patriek Meary, on the Votowar river. from Captain Powell, given ia selg | dete ue ed Ciry Intelligence. ANOTHER STAMBING CASK ON THE Between 1] and 12 o'elock, on Saturnta; between two men, reridents of the classic neigh- porhood calied ~ y.” loented om the Five Points, whore nam s are VE POINTS. Fine oy Gasewwien svenet—Nannow Becare ov seve tat Fieemes reom seme Serrocaran ty tHe Sone — Between the hours of 5 and 40 clock, after. | noon # fire was discovered im the third pa cleus elx story brick Vallding ow the North comme of Greenwich and Fulton streets, and before the fremen could reach the premises. they were enveloped in volumes of thiek ke that forth (row the windows om both streets. The aod ladder, en- gineers were inexperienced, and that the road was long, as well as the fact that the characters on board were weighty, and much of the intellect, if not the sense, of the precious freight, was exceed- ingly heavy, it was most fortunate ciroumstance that all arrived safely at Dunkirk. We expected anexplosion, an upset, a breaking down, a switeh out of place—where so many Presidential candi- dates are, a switch in place would be better—bat there was nothing of the kind. All moved on safely and securely over the long road. It is well for the first train of candidates that they got along so well The second train of a similar kind will not be so fortunate. It must break down, explode, crush the passengers, and only bring one home to the White House, in November, 1852. Ilowever fairly this second train may start, there will be a collision of locomotives, which will bring about all the disasters common to such occasions; and as many passengers are determired to try a passage in it, they mast | prepare for the terrible calamity. But one man will reach the White House. Who he is to be, no one ean tell. Morat Cnanacten or New York Joorwat- sx aNd Jownnanists— Were ano Wittis.—The controversy on moral character and fashionable po sition, which bas broken cut in so savage a form, be- tween Mr. Webb, the hero of Wal! street, and Mr. Willis, the knight of Washington equare, forme the principal subject of conve from Wall street to Murray Hill, among all the fashionable circles up town, a8 well as the unwashe4 eoteries down town. The moral character of New York journaliem is a very important question for thie latitude, as wel as for the rest of the world aroand vs. It has been the subject of very earnest inquiry among nowspepers and journals in Londen aed Paris; and, as the subject has been taken ap in this city, it is highly proper it should be examined to the bottom. In this great metropolis we m some two or three hundred writers for the press, both daily ant week The ebaiacter of this literary fraternity, both in thi city and throughout the world, has suffered very materially from the personal reputation and per tonal defects of abouta dozen of thore whe are better known by their noise and fuse, than for their genius, their industry, their good habits, or their correct moral characters, in al! the private rela The number of this class of society the population is in bo able to coun O18, reporters, and is inereasing every day; creasing; wealth is ineroas the republic is spreading its power and influence in cvery direction. ‘The newspaper press, both daily and weokly, are inerensing, pari passw, With the increase of all the other elements of wealth and production. With thieincrease in numbers, in power and influence, of the feet of the community, the individaals connect- uld also increase in their mofal and personal reputation, were it not for some singular want of fraternity or community of feeling among the clare to which we allade. It is probable that not a dozon editors for the news- paper press of this city, know each other personally, or have the slightest regard for mutual repatation For years past nothing but enry, malevolence, and jenlovey, hatred, and all the unholy passions, have been stimulated among cach other to such an ex- tent as to make them, asa the law stock of the rest of the community, and the av of ridiedig and contempt throughout the civilized ty world. Is there no (.0de for three, or four, or Sve handred educated and yslented men, eonnocted with the prees and lite ure of thi to moet together in union and harmony, andte concert Fome meaenres for the prevention of .e8e personal contentions | and abusive courses of ay{ion, which-they take | against each other t | ‘ z = a 2 a e & iit FF a 3 é L4 a _ = fi Za i 4 i. * Hy oF 4 4 Fi ? i i be Ee : =. Gesrew orn Parcomos —- two clock on Returning pm a the yy of the Bie- ¢ pear Spy Sage Forlted tm @ las chert on the corner of oe BLEU etreet No damage wus done further than the shattering of tbe tool chert inte fragment aed reuding ite comtents to » courtteralle @ivtanes la varices directions Thote te no butiding within forty fede, in any direction. of the piace where the expimiom tonk place Fhe pewter pwned by J O'Gaere, who hase company of ik. be — Seren som Randigh see and opr ning one belf of Thirty-minth street to Blew evenue 1 was aeed for Mesting rocks The eapiedes was caused by rote ev il-mladed person Juries reecited tm Malling f fwated im the by wer Ns BBS Pomel etroet Jeers fran the frets elicited be fe the Cor mare € father of the ehild @ae Lying on the bet aninep on day efiermorn. the fost of the bed being betel wih te dill of Lhe wind ow, the child, While play img on the bed crawled to the window wad rae eae ay the ame cept babe aren bel pe loh erat bewdiene bet fay wet Une etd tat bor te omt the [ow Peek ay lower bey in company © wo by 8 tenmien atety. We below ard for the tee het ified Ube Landy or by whet means the os fiver, Verdict, death by drow ming Tor Case ov Orasmver ance —The Consere’s tnerstige tion rerpeeting the charge of malptection pomting inst Dr linge and bis wife wherrly I bx abboqed that denth of Mere Aaetin wae eeeeed, her been prstpened until Tuesday of thie week The mate ~4 f the postponement was In ronneyecece of Br. Cesiton of the comgh migtur« epared fy De the desth of » 3 Ng eR Carsion fromm Jerory City aot Giow's Ietand the heat wan, by « weined. nod the whote party the water. ‘the whole of them ehwng &) the they — agntoet « rough ewetl They frome fiching pate, theme of whew! rusccedad to guiing team: tne Me Beown and Mr Tuers, were drowned. Me Baers was found about nine o'elock; bat we tetine of Mr. Brown had not been recovered. Bulk of drowned were men of fhuily. d, Jr. of Detrort, | Aifray took | the America and ‘The Yacht Race Pe TO THE EDITOR oF TUE HERALD. In the Courier end Enquirer of this morning, thers | isa report of t2% trial of speed between the mew yacht which you will be enabled to judge from the followiag statement. Fer its accuracy I may appeal to Me | Schuyler, cr any one of the gentlemen on board the | Americ: ‘The yachts Cornelia, America, and Maria, left the harbor on Tuesday afternoon, to meet at Sandy Mook. ‘The experienced pilot of the Cornelia, not liking the looks of the weather, came to at the Quarantine, and thereby escaped an ugly night in the open roadstead, and a squall that reduced the America to her jib and ‘1, and split the jib of the Maria from the luff to within ten feet of the leach. On Wednesday morning there waslittle or nowind. In the afternoon a stiff breeze sprung up from the north- | ward and westward,amd we started to beat two hours to i urn—the Cornelia haifa mile ahead, the America about two hundred yards ahead, and fifty or sixty yards to leeward of the Maria, We filled away | to the westward, and stood on for twe and a half or three miles, At this time the Maria had gradually gained on the America, so as to bring her abeam, or nearly s0, of the America, when, unluckily for us, our pilot ran us hard and fast aground. Before we could get her off and under way again, the America was so far ahead as to put nearly matehed, cut of the question, We, however, fol- lowed, and came to at the Quarantine, along distance behind her. Here we waited for the Cornelia (whose foresail was carried away the day before) to bend a new Doard, eight tons of additional ballast. On Thursday evening, we left the Quarantine, with a light breeze frcm the southward, to beat down to the Hock, When ebout half way between Fort Hamil- ton and the tail of (he West Bank, the America came up and passed the Maria to leeward, and luffed out from ua- dcr her bows seme thirty or forty yards ahead, and tenor | fifteen yards to windward of the Maria's wake. As no vessel had ever so served the Maria before, we looked round for the cause, It turned out that one of the gen- tlemen on board bad been making some experiments with the cen ter five feet. ¢ board, and had lessened her draft of wa- We restored the centre-board to its place, ut from under her lee, so as to weather her on k. At this time che wind had increased to We continued to gain upon her, n minutes—by Mr. Schuyler’s wateh— Lefore her at the anchorage at the Hock ~ Mr. Schuyler had given directions to both pilots (of which I was una- wart) to keep the Ship channel, and pass to the west- | ward of the buey of the Neither did so. | On Friday morning. we met outside the bar. to sail to miles at sea, At the request. 4 wegera er a position to windward, of Yards. abreast our weather beam. In sailing seventeen mninutes, by Mr. Schuyler’s time, we had brought her two points abaft our beam. ere she luffed | to, having sprung the head of her foremast. In return- ing, she carried away her main gaft. We followed the Cornelia some sixteen or eighteen miles to rea, and returned to the Hook tn the afternoon, No one ef the gentlemen interested in the success of the America would more sincerely rejoice at the proofs of her good sailing qualities, than’ myself But as I do not believe it will scrve the interests of the builder, or accord with the wishes of her owner, to sanction an account 80 wide cf the truth, I vend you this statement. I will only further remark, that the Maria was not in- tended or constructed to encounter a gale of wind at sex; with a Loom ninety-five feet leng, and seven and a half feet in circumference, she would be Sti to get into trouble, whieh I would rather avoid; and think it will turn out no joke even forthe America to keep the white ook sticks (firmly fixed as they are, by the very accurate reporter of the Courier Borges) in their proper pleees. Your obedient servant, Eavcnpay, May 17, 1551, JONUN C. STEVENS. f Distinguished . and daughters cots ml Z: Watts and lady, Stockbrid, A. St. John, Coun.; PI York; Charles I. Lard ivals, ou Saturday, Detroit: Gen. Tilghman, Md., R, A. Ware, Ga, J.C. Pieldand G. P. —— San Francisco; | Hon. MC. Story, Lake Brie; J. P. ‘Treadwell, California; Dr. Stiver, Boston: Joseph Ward, Montreal; H. Larmour, | Belfast; Capt. Robinson, U.S, A.) Hon, D. Yulee, Flo- England; Mr, it aos fein Lam bert. W. A. Forward, Bt. A rr Fla, were among the arrivals, on Saturday and td * J Suuedes Philadelphia; C. R. Rawards, New Ha pow den. ow ‘ven; ‘Thos. Miller, Baltimore; J, Compton, Dunkirk; J. Hough, Philadelphia; T. Obio, and J. Hamble' | &., a et a as “tad ory mpl pth 3 | ote | Ogle, Pa; 2. Bang Cincinnati; J. Henderson, sieve; Ht Ed. O'Brien, Toronto; | Seeds esee te Ses cs eens ¢ were vi Saturday, at the Astor Ho be gc se P. Miller Tenn.; Thomas Wil- 1; R. Ordway. Portland, . Morrow, Meme and M. ii et | Me. N wit Be Patir, Vt; ror ; RK. eine and indy. Springfield. Mra. Willis, Ca- ae Wor oieareenes:, on Saturday, et Howard ie Boreaion Cour 106, 167, 25, 94, 111 | 33a 338, 156 1h te ia i Ta Tat 1M. 185. 186 187, 188.1 390, 206, 266, 208, 5,'1, 23. inet oa a1, B01 453, tba hae! Common Pisas—A ona 882, 989, 905, 806, 400, 402, 405 to eooog hl sere te tlie. For « books coe large aad et ol ve gontiomens boys, of tly free from the ohi re now fo often sexes. Ite wine, Nhe a wrest) of unteveh ners of the material, and the ex- I. render thir the moat plynant, Attractive specimen of & Spring efartored In this count: style of the tl yet iteol!, breath. f it re is, reve hey have Hogant aa corte vf which a oper, Try Fellow Geld Pe y ony thing @ Vetion slevet meri 2 good goo “9 J opom the kigheot peiuct- Be yom wont a Handsome Dress or Frock Coee Te iis Wi Saas ready wade, end made to Coobing Stoves for Gummee and Wrates, i M L ‘CONT. bay MMetr can be fmetently Lymm af . or bevwe, cubes, wf Une we " America ond the Maria, of the truth and fairness of |; any attempt at a trial of speed between two vessels 60 , suit of sails, and fur the America to send for, and put on | ver published on the | printed im colors. [nt for Ladics.— | ¥ are sold exclusively | ‘Dr. James W Powell, Ocultet, Aurtet continues te dew 2 mitom 1. 'givek. ally, oven ore cam be had * emt Aloo, bie aud the Eyeand Fi bd 7 Courant’s 14s oll Hatr Dye testantly con sorte 204 oc.gpan bale te Mova se Modis Soa Re ied Lahore MONEY MARKET, Scxpay, May 15—6P) M, The stock market cl d heavy at the secoud boank yesterday, The daily transactions continue large, but. there is no excitement among operators, and prices fluc- tuate from day today a fraction, without showing any important variation from one week to another, It is im~ postible to tell what the complexion of the market will be, ever twenty-four hours hence, The reason is rapidly passing away, without the usual rise taking place; bos we have knéwn @ very setts apeeutetion ta fancy stocks in mid-eummer, a tine when outsiders are generally on pleasure excursions over the country. There is very | little probability of prices depreciating much, Money ie likely to be unusually abundsnt during the summer, and it is the prevailing impression that the rate of interest will rule very low, California is doing much better thar: | anticipated; and from this time out, the receipts will, without doubt, be equal to those for the corresponding period last year, In the early part of 1850, the shipments of gold from San Francisco were small, and it was not until May that they were of any magnitude, We look for ‘at Jeast five millions of dollars per month, from June to | January. With such receipts, we shall soon lose sight | of the exportations, which are likely to fall off as the seal! | son for shipment of our new crops npproaches. With the snoderate arrivals of gold from Califurnia, thus fur thi | year, and the lerge shipments to Europe, the supply in our banks has been steadily increasing. ‘The exportation during the past week has been less than one million ot dollars, as appears by the annexed statement:— | Ssiemests oF Srects Prom THE Pont or New Youx Brig N uke, Ponce, American gold. Trig Ocean Dird, Curacoa, sovereigns. Ship oo nid, Havre, American balf a do,’ American gold. to do. gold dust... ... do, do, German gold. do. do. five franes,.. ner Pacific, Liverpool, American a hr, Ariadna, lente : id Schr. Albert, Aux Cayes, 2. Schr. C. H. Male, Cape Hayti. do. Ship American Congress, London, Mex, d do. do. "Am. hf. do. Ship New Yoru ‘Tavre, American half dollars. do,” do, ‘American gold. a do. five franes Total from May 10 to May 17. Previously reported, Total for 1851. More than one-half of the exportation last week was of American gold. The Bank of England has adopted « resolution to purchase, for the future, American coinet gold, (eagles,) at a fixed price, the rate being £3 164, Bd. per ounce. It is calculated that under this arrangement: a remittance can be made from New York to London at a cost which would be equivalent to a bill of exchange at OX per cent premiam. ‘This will be likely to increase the shipments of gold from this country,as the last quotation of exchange was 101; percent premium. ‘The price of Eng- lish coined gold, at the mint, in London, is £3 17s. 10),4, which is equivalent to about eighteen dollars and sixty- eight cents. ‘The price of American gold, according to the new arrangement, is eighteen dollary and thirty cents, The capitalists of Great Britain are striving ty get hold of the largest portion of the gold products of California, and they will leave no effort untried to do so. Until within the past three years, the English govera- ment and British capitalists have controlled the move- ments of the precious metals. Up to the time California was acquired and populated by the people of this country, most of the gold and silver from the Pacific was shipped direct to England, and the English were thus enabled to control the money markets and financial operations of the world, The silver mines of Mexico have, for many years, been in possession of the Rothschilds and other British capitalists, and the products of these mines were all taken to London. The commerce of the Pacific was in the hands of the English, aud returns were made, in gold and silver, direct to England. In this way, the British have aceumulated an immense amount of bullion, avd have been the money lenders ot the world, The first check they reccivel—the first movement made to deprive them of this immense power in the financial world—was the acquisition of California by the government of the United States, the rapid emi- gration of our people to that country, and the competi- tion which has arisen in the Pacific, for the commerce and navigation of that section of the world. Three years ago, we owned but a few gold mines, of moderate extent; We now own more than those of every other nation com- bined. Three years ago, we had not a single steamship on the Pacific; we now have more than fifty, of the largest class, Three years ago, we had a few merchant ships trading from port to port; we now have several hundred first class ships in one port, and as many amore engaged in the transportation of the products of every country bordering om that ocean. Railroads, ship canals, dry docks, and naval depots, are in contemplation, where, a few years since, were a few scattered Indian huts, Ax ‘Wonderful and astonishing as all this may apyear,to the people of the old world, it is considered nothing extraor- dinary on this side of the Atlantic. We have become so accustomed to such things, that they excite no sur- prise, Our progress is still onward, at the same rapid rate, California will, in @ short time, be suflictently populated, when the same uncontrollable spirit. that carried the thousands and tens of thousamis ten thou- sand miles away from the place where they were born, | to lay the foundation of a new State, will require some outlet, some new country to explore, some new territory | to populate, some new mines to work, some other people with whom they can amalgamate and raise in the scale of | civilization, California bas already become too well known, | and its resources are too much developed, to attract the | attention of emigrants from the Atlantic Stetes, Oregon will receive a large accession to its population this year, overland from the valley of the Mississippi and Ohio rivers; but the thne is not far distant when the most valuable mineral regiour of Mexico will be visited, peace- ably or forcibly, and populated by our people. Th» mineral wealth of Mexico has not been lost sight of by the acquisition of California and the public mind has for some Lime past been turned to that subject. In our hand», the product of the silver mines would be increased te» fold; and it is absolutely necostary that some movement should be made to preserve, if possible, the existing pro- portion in the eupply of goid and silver, The enormous productions of gold in California, through the indomit- able energy and enterprive of our pecple, most, in a few years, bave a very material influence upon the value of that metal, compared with silver, unless something ie done to keep up the existing comparative value, There | is very lite danger of too much gold being prodased. The increase in population and property, ia the settle. | ment and cultivation of territory, in the commerce of the world, is so repid, the neoossity for developing the resources of the world is daily becoming so great, and | the construction of works of internal improvement eo much required, that the production of thee minerals, * | which all nations have made a legal reprosatative of every species of property, is not likely to be mrore rapid | than the wants of the world require; but there is danger | of the relative value of gold and silver becoming changed, unless the working of the silver mines of Moxieo and jouth America fs carried on more actively. ‘This can bo accomplished only by their coming into our possession, ond their operation upon a system similar to that prac tived so successfully in Califurnia, Perhaps such an event Is not so far distant as is generally anticipated. Dide fer tho Srst mortgege bonds of the Seaboard ant Roanoke Railroad Company, for three hundred avd finy thowrand dollars, will be received, as will be son by # police in another column, until Saturday the Sist tsi ‘There bonds are seeured by a first mortgace on the en Lire property of the ny—franchises, income, &o.— Bow acquited, oF hi er to be nequired. They bear interest at the rate of seven per cent per annum, and are redeemable at the Merchants’ Bank, in this elty, the Presdent of whieh holds the mortgage in trust for the bondholders, on the lst of August, 1860, This mort gnge covers the entire line of the road from Norfolk, Vir ginia, to South Gaston on the Roanoke river, im Northy Carolina, & distance of 90 miles, which will have cost, when completed, including the original outlay, ove: $1,100,000; end the tre is empowered, in cave of sixty deys defoult in the pey went of interest or principal of tlie bonds, to fake pomwesiom of, use and sell the whole or ony part of the fame, Including the franchises, incom: sod property of the company, of every deseription, now erqulred or hereafter to be acquired, The whole amount. f the bonds authorized to be iseued is foar bundred (hourand dollars, of which the amount now Offered for vale hae beon ixewed by the company, in payment prine- polly for the heavy T raile with which the company ia pow relaying their track. This heavy T rail, for the