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; NEW YORK HERALD. PROPRIETOR AND BDITOR. QPPICE MN. W. CORNER OF FULTON AND NASSAU O78. Ay POUL HERALD, 2 cents per Per anowe WEEKLY HERALD, every poseines ecnta Pai tar camens the Rerepens $4 per an- | hg ph batt of Great Britain, ‘and $5 te any part af the TOLUNTARY CORRESPONDENCE, containing impor- fant used, ‘rom quarter of the world Daattnr, Our FormiGx ConnesronpEents LARLY REQUBSTED TO SEAL ALL LurreRs anonymous communications, We de not return those mee JOR PRINTING executed with neatness, cheapness. and VER TISEMENTS renewed every day. ALL LETTERS by mall, for Subschiptions, or with Adver= its, te be post paid, or the postage will be deducted from money rem: .Ne, 197. AMUSEMENTS THIS EVENING. WERY THEATRE, BO’ wery—Mippy Aswone—LUEB, wes Lavoner— Woovman’s Hur. BROADWAY THEATRE. Broadway—La Porsm pus Amovuns, Er—Aneais en Vovaor. NIBLO'S, Brondway—Manzix> Raxs—-Divanmisn- Marr BURTON'S THEATRE, Chamber street—-Donarni’s Bao OF TRAIW ED ANIMALS. NATIONAL THEATRE, Chatham street—WitLow Corsx—Pxipe er THE OCEAN, AMERICAN MUSEUM—Awm wuz AyTERBOON AND EVENt CHRISTY’S OPERA HOUSE, 472 Broadway—Nrwiorian Maneruessy bY CunieTy’s MineTk eis. WOOD'S MINSTRELS, Wood's Musical Hall, 444 Bread- way—Bruiorian MineTREss ixG PeRyORMANCES Im = Sa ee New Yerk, Saturday, July 17, 1852. Phe Weekly Herald. MAILS FOR EUROPE, BY THE WASHINGTON. The New Yonx Weekcy Henarv will be published at balf-past nine o’elock this morning, Its contents will ‘embrace the important news of the week. Single copies, in wrappers, ready for mailing for the interior, or by the steamship Washington, for Europe, can be obtained at the office The News. The United States Senate yesterday, after pass- ing thirty private bills, resolved to relax from their labors until Monday. The House of Representatives yesterday referred the bill for the better security of passengers on board of steamers, to the Committee on Commerce —teok a cursory glance at the Florida and Alabama right-of-way and land bill —passed a few enactments from the private calendar—and after a debate upon the Indian appropriations, took up the Deficiency bill. After some discussion, the Hwuse receded from the amendments to which the Senate had refused its assent, and disagreed, by a vote of 42 to 97, to the Senate’s appropriation of fifty thousand dollars for the per diem and mileage of Senators, Represen- tatives, &c., thus rendering it necessary for the bill te go back to the Senate. This bill contains appro. priations to the amount of five millions of dollars. Mr. Clay’s will was read and recorded on Monday last. He has bequeathed his property entire to the members of his family, his widow retaining for her sole use and benefit the Ashland homestead. In re- gard to his slaves, he has directed that all born after the first of January, 1850, shall be liberated and sent to Liberia—the males when they arrive at the age of twenty-eight years, and the females when twenty-five—previous to which,they are to be taught to read, write, &c.; and the proceeds of their labor for three years previous to starting, are to be appro- priated to defray their expenses to their new home. The older slaves are to remain for the benefit of the family. The telegraph announces the confirmation of the report, by a letter published in the New Orleans Picayune, that the late outrages on the Rio Grande were perpetrated under the order and sanction of the eommander of the Mexican forces on the frontier. If this be true, there is trouble in embryo. The American Consul intended to leave Matamoras immediately, for Washington, to lay the facts be- fore the government. A large whig ratification meeting convened in front of the Exchange, at Albany, lavt evening, of which John C. Spencer, who was Secretary of War under President Tyler, was chairman, and also the principal speaker. A concise but comprehensive report from our special correspondent, will be found under the telegraphic head. Judge Chambers, of Maryland, to whom President Fillmore tendered the vacant post of Secretary of the Navy, has not yet signified his intention of ac- cepting The District Attorney of Washington has aban- doned the indictment found against Jonas P. Levy, for furnishing information to the Mexican President, in violation of a law of Congress. An officer of the law, by the name of Shiles, was shot yesterday, at Fall River, while attempting to arrest a desperate burglar, who had broken into | feveral stores in that place. taken. No business of importance was transacted, either inthe Board of Aldermen or Board of Assistants, yesterday. The Board of Assistants stands ad- journed to the firat Monday in August. The rogue was finally Aw Important Newsrarer OnGax.— penny psper calls us ‘the Corporation organ, tuned regu- Jarly at a cost to the city of only $3,000 a year, which is cheap, considering the service rendered.” We believe this is pretty nearly correct. We ad- vertise for the Corporation at $3,000 a year; and from the amount already advertised, we think it too cheap, and have some intention of sending in a po- tition to increase the compensation to five or six thousand dollars a year, on the ground that the great city of New York can afford to pay for its advertisements as good a price as the honest and tidy Irish chambermaids. But we are not the Cor- poration organ alone—we are the organ of the Irish chambermaids, who pay much better than the Corporation—we are the organ of auctioneers—we are the organ of shipping merchante—we are tho organ of those who have to let houses—we are the organ of those who want to sell bonds and to buy bonds—we are the organ, also, of many of those young people who get warried; and we are the organ of many of those unfortunate beings who die and have to be buried. Now, all these different classes, to whom we are the organ, pay us much better than the Corporation of the great city of New York; therefore, what the penny paper says—that our services are cheap—is very true, and we have the irresistible impulse to demand five or six, or seven thousand dollars, for the services we give in publishing their notices among our three hundred thousand readers in this eommunity. Dante, Wenstm, ano Mr. Grivwein AND Mr Draren —The mysterious desertion of Mr. Webster by Mr. Simeon Draper and Mr. Moses H. Grinnell, st the Baltimore convention, when, probably they might have nominated the great statesman had they stuck to him—the mystery of their desertion and of their fraternal co-operation upon Gen. Scott, is just coming to light. Some of the Seward-Scott organs of “the rural districts,” with a good deal of puffing, have proposed Mr. Simeon Draper as the whig candidate for Governor. That fixes him. 1¢ Gen. Scott is elected, and Mr. Grinnell is appointed Reeretary of the Treasury or Minister to England, that will fix him; and the accounts on beth sides will be fairly squared and balanced. In such an event, the almanac makers will be at no loss in ac- counting for the conversion of Messrs. Draper and Grinnell from Webster to Scott. interesting science in these days, and old muskets are cheap A Noves Srecracte.—To see at this season of the year, when there is no election at hand, several detachments of men, in various parts of the city, actually engaged iv cleaning the streets. Polities are a very | Tus Warrninc PLaces—NewrortT—Tae Mane Liqvor Law.—The erowds and clouds of travelless | Tus Mowrara, Vine—Mrrrima or tne Pasncn.— arriving in this city every day, Northern fashionable watering places, are really surprising. For the last five or six days, especially, ‘the arrivals at several of our principal hotels have run up from twe hundred to two hun- dred and fifty per day. They generally remain here two or three days, shopping and sight-seeing, and arranging their book of travels for the summer campaign. A large proportion of them pass off to the White Mountains, the Switzerland of Yankee land ; but the democrats among them make Concord, in New Hampshire, one of the interesting points of their journey. The letter of our correspondent, published yesterday, shows that Concord is be- eoming quite a place of resort, especially for the politicians who have nothing better to do than to look after their own health and that of Franklin Pierce. Others of our summer visiters file off to Saratoga, Sharon, Lebanon Springs, Niagara, and thence down Lake Ontario, the rapids of the great St. Lawrence, to Montreal and Quebec ; and some even pass onward to that deep, and dark, and awful river, the wild, the wierd, and rock-bound Saguenay. | But, alas! for the puritanical Jesuits of the Maine Liquor law. The annual migrations to Newport, and Nahant, and other down East sea shore establishments, appear to be suspended. They have very few visiters at Newport ; but plenty of room—plenty of empty places. According to the last Newport newspapers, only a dozen had arrived that day at each of the principal hotels. Honest men and pretty women will not go to that dirty, cold water Rhode Island. The Maine | is just going into operation. Pri- | have supplied themselves against — the famine ; but the hotels, with nothing but water and lemonade as a legal tender, may well stand aghast. The patronage which they have, with some exceptions, is of the meanest milk and water type— bran bread philosophers, long-faced brethren in white cravats, and poor old maids, lean and lank, and sharp and angular, and sour as vinegar ; temperance lecturers, socialists, spiritual rappers, stray sheep, | and wolves in sheep’s clothing. The law-makers of Rhode Island are surely the wise men of the East, with a vengeance. Of courso, the travelling public will not put up with their ridiculous law. A place that is so righteous that it isa criminal offence to sell a glass of wine init, even to a stranger, may do for reformed drunkards ; but people who have nei- ther been the slaves of rum, nor converts to lemon- ade and root beer, will go elsewhere. A despotism is bad enough to submit to from necessity ; very few will seck its protection as a matter of enjoy- ment. The Maine Liquor law will prove a costly experiment to the Solons of Rhode Island. It is a law for the exclusion and expulsion of the travelling public from Newport ; and they will have enough of it before the expiration of the dog-days. Tue CounTRY AND THE CuRRENCY.—This coun- try, apparently, was never so flourishing as at this moment, and its currency was never expanding with greater rapidity. Bank paper, railroad stocks, bonds of all kinds, State stecks, city and village bonds—everything in the shape of credit, is increas- ingat arate much faster than even the imports of Californian gold can meet, were they two millions a week. The effects of these movements are to build up new structures, construct railroads everywhere, tear down good old buildings and put up new ones, to launch out into all sorts of expenses, and to import more foreign merchandise than ever the United States witnessed before. Last year our foreign im- ports were two hundred and twenty millions. This year they will be two hundred and forty mons; and next year they will probably amount to two hundred and sixty millions. Thus we go, expanding, building, spending, rush- ing, and crushing, until another great crisis, like that of 1817-1820, or 1837-1840, shall be over us. “Give me the control of the currency of a country,” eaid a British statesman, ‘* and I don’t care who is King. I will govern the country as I wish.”” Who controls the currency of the United States? Not the general government, not the State governments, not Wall street, not the banks. Who controls it, then? Tom, Dick and Harry—every fellow who chooses to organize a bank on the new patented free banking plan. In spite of all the gold coming from California, our imports are far outstripping the source of paying for the balances of trade; and the country, in a few years, must prepare to look out for a commercial revulsion, which will throw into the shade all preceding ones in the history of com- merce. | Tue New York Crystan Patace.—The mana- | gers of the New York Crystal Palace are going forward with their scheme in earnest. Read their en route to our | There is to be a meeting to-day, at Delmonieo's, of the Freneh and French Canadians in town, to take measures to relieve the sufferers by the late fire, We publish the all in another column. Prsraxations ror THE Oar 8. — Mi at Sin aro prio she i, ° solemnizi juies. The Young Guard, Henry the Unionists’ mn. met at Suppen DeatH—Sinouran Arrairn.—On Thursday even- ing, a Mr Bpencer Crandell was taken suddenly indis- as he was walking ni Broadway. and ped into: the Irving Reoms, corner of Walker street and Broadway, for leaf anes of getting some relief; when, ina few tea, could be procured he expired. The police of the Fifth ward were called to the spot. who permitted the body to ‘be removed to where it was alleged the deceased resided, at No. 25 West hteenth street, Coroner Ives was yesterday notified to hold ap inquest on the going to No, 25 West Kighteenth street. he was the deceased form: boarded there, and body of deceased had not brought home; nor was the Sense found by the Coroner up toa late hour yester- day afternoon. Scnoou Exueition 1s New Yorx.—An interesting sehool exhibition will take place in Metropolitan Hall, on the evening of Thussday, the 22d inst., when a general and solemn distribution of premiumns to the various schools of the Christian Brothers will take place. The schools are under the patronage of Archbishop Hughes, and we have no doubt the attendance at the ceremony— which commences at five o'clock, P, M.—will be mu- merous. Canniace Acctoent.—Mr, Charles Mansell, of Charles, near Bleecker street, was thrown from his carriage in the Seventh avenue. near Nineteenth street, on Thurday eve- ning, in conaequence of his horse taking fright and be- coming unmanageable. Mr. Mansell received soms very severe injuries on the head. Ixquest—Dratn ny Drownrnc.—The Coroner held an inquest yesterday, at the foot of Jay street, upon the ly of a colored man, name unknown, and apparently thirty years of age, which was taken from the water. It is supposed that the deceased had been attached tothe steamship Union, as a recommendation from her purser was found his pocket. Acciwentat Deatn.—Coroner Ives yesterday held an inquest at the City Hospital, on the hago 4 of Owen McGrath, aged 45 years, born in Ireland, who eame to his death by being accidentally run over by a loaded cart, causing a fracture of the pelvis, of which injury he died. Verdict accordingly. Tur Domestic Provision Markers have been well sup- plied during the week, at prices ranging pretty much the same as those of the previous one. There is an increas- ing supply of fresh fruit. Pears, apples, cherries, and blackberries, are coming in abundantly, and of good quality. We noticed some very fine new potatoes, and the beef and mutton is, as ustal, good. that the Marine Affairs. Tue Steamsnie Hermann, Captain Higgins, which ar- rived out at Cowes on the Ist instant, made the quickest ontward passage, of that line, since its establishment. She left this city om the 19th ultimo, at 4P.M., and arrived at Cowes at 6 P. M., on the Ist, thus accom- plishing the distance (real time) in eleven days and twenty-one hours, and furnishing three days’ later news from America. The passage is highly spoken passengers, ina card to the captain. she having rum one day 312 miles, and on t w< 8, 294 miles each In connection with th e distance to Cowes is some eight hours 1 Liverpool, the passage speaks well for the f the vessel, Streamnoar Race steamboats Alida and Francis Skiddy bad a trial l yesterday, which, according toa telegraphic des) .(ch. resulted in the arrival of the Alida at Albany fiftecn minutes ahead of her rival—both having made the same landings Board of Supervisors. 5 Jvty 16.—His honor the Recorder in the chair. The minutes of the last meeting were read and affirmed. REFERRED, The petitions of J.D. Evans, for remission of tax, and of Mrs Muller, for the remission of Surrogate’s fees. ADOPTED. Resolution—To appropriate $1,500 for printing the in- dices of the Register's office. CORNOER’S BILL. The report ot the committee, in tayor of paying the Lill of Coroner Ives, $2.935 25. for holding 460 inque «a, during the months of April, May, and June, wos adopted. CORONER'S REPORT A report wee reecived from the Coroner, statin he axount of property which had come into his hands =m deceased parties amongst which were a bank book found and the furniture and effects of J. Rhul, valued’at $1,500; the remainder consisted of clothing, &c., belonging to de- ceased emigrants, The Board adjourned to Monday next. at 4 o'clock. Brooklyn City Intelligence. Tue Fixances or tHe City.—The Finance Committee ofthe Common Council submitted a statement of the September Ist, 1852, of which the following are the totals:— For interest on city bonds, Washington Park bonds, sinking fund, appropriations to City Hospital, Fire De- partment fund, repairing streets, wells and pumps. and contingent.............0+ . $128,449 44 Salaries of various city officers. 2” 45.860 00 For Common School purposes + 70,500 00 Aggregate to be raised upon the whole city To be raired for cleaning and lighting street’, and police expenses ‘ For police expenses fi wards (not included in the general police $244,809 44 143,986 80 regulations 8,850 00 Grades of F s ; Big! Ninth wards. levied on said wards, $263 88 Maps of Second and Fifth wards... 1.100 00 Gas lamp posts. first five wards... ‘21500 00 Assessments due and unpaid...... : 749 35 | circular, which we publish to-day. They have | | architects. The site is a space of 450 feet square of mense building, though by no means equalling the crystal monster of Hyde Park. Charles Buschek, | | Austrian commissioner to the late London exhibi- | | tion, is designated as general foreign agent for this | | American experiment of a world’s fair; and as the experiment is to be made, it is to be hoped that all citizens of the United States interested in this crystal palace of the great metropolis of the New World, will unite in their exertions to make the affair respectable and creditable to American skill and enterprise, even in the estimation of the Old World. LoLA MONTES AND HER MIES.—From one of Kossuth’s penny organs—the flunky organ—we re- | publish elsewhere a very smart letter written by | Lola Montes, in reply to some of the slanders in the same newspaper against her character. It is written with all her ferte, and smacks much of her style and spirit. Kossuth’s flunkies must be hard driven for illus- | trations and poorly supplied with clearness of ideas, when it is necessary to rake up the scandal of the lowest journalism in Paris, against a defenceless artiste and friendless woman, in order to point its arguments, or elevate its style. If there is any- thing mean, venal, or more cowardly thana monkey in breeches, it is the exhibition of one pretending to be a man, assailing a woman, under any circum- stances, or under any provocation. Whatever Lola Montes may be, her male slanderers are utterly beneath contempt, and only deserve to be trotted through Broadway in the carts of the dirt collectors, and sold for dog’s meat out of town. Warring ror tHe Ecuo.—Our cotemporaries of this city are all dumb concerning the native Ame- rican platform of Gen. Scott, as extracted from the files of the Nationat Intelligencer, and published in the Heratp. They are waiting its reception at Washington. They are waiting for the echo. Let it come, for we, too, are waiting for the echo. Theatrical. Tur Frencn ann Sranisn Dancers at Ninio's—Sr- nonrta Soto's Benerit—Senorita Soto, the beautiful, brilliant, black-eyed Spanish danseuse, takes her benefit at Niblo’s this evening. Her naive and exquisite style of performing the graceful dances of her native land have won the admiration and awakened the wonder of all who have seen her in them; and Senorita Soto has already become the most popular artiste we have had for several years. She appears to-night in three Spanish dances— ‘La Manola,” “El Xaleo de Xeres,” and “El Bolero de Ca- diz,’ and it is not promising teo much to say thatin her execution of them she cannot fail to charm all bebolders, Madame Pougaud and the talented French troupe will lend their services to render the occasion worthy of the mort extensive patronage. Tne French Opera Comique Company. with Madame Fleury Jolly, Menehand, Grant, and other excellent ar- | tistes, are giving their « jbo r classic representations in Broadway | THe Tuathes.—The respective places of amusement | offer entertainments for this evening ofan attractive cha- racter, For particulars, we refer our readers to the a vertiring columns. | already secured subscriptions to the amount of | The committee recommend that $101 \ $200,000, ten per cent of which has been paid in. | | The plans of the edifice are now in the hands ef the | the Reservoir square, which will admit of an im- | The Commistioners o | «ge $405,800 47 39 be omitted in raising the tax. as they be- lieve that the revenue accruing from fees, Total....... markets. licenses, &c., will realize the amount The whole amount then to be raised will be seee $303,750 06 o f ihe Sinking Fund aiso submitted their report, from which it appears that, since January last. they have received interest on city bonds........++ eee eves + $13,022 42 On bonds and mortgages . 2,305 05 For exchange of bonds. 3 145 00 On bonds and mortgages cancelled 1,739 00 Balance on band, Jan, Ist. . 81,191 19 Total....csessesoee $48,462 66 They have paid for Brooklyn cit; t 166,5214 + 38,277 00 | Brooklyn ci 1.035 00 Kings county bonds, at 100 8,000 00 Deposited in the Atlantic Bi 1,150 66 Total $48,462 66 y Brooklyn city bonde, at 6 per cent. 235,540 42 Kings county do do dive 8,000 00 Bonds and mortgages placed in hands of commissioners by the city of Brooklyn... Paid for premium Cash on hand., 150 66— $8,910 26 Total fund ‘ $296,192 68 A Piotr Dro —On Thursday evening, the steam- boat Island City, running between New York and Flush- ing, made fast at the pier adjoining the Catharine ferry, for the purpose of landing the children of the Sunday school connected with Rey, J. C. Green's church, who had been to Flushing on a pienic excursion After and- ing the passengers, the officers of the boat hastened to east off, and make their New York landing, being some. what behind time; and in so deing. the pilot, Mr. Bena- jab Jarvis jumped upon the dock. and in attempting to regain the boat, which had receded four or five feet, struck against the guard. and fell overboard — He rose to the surface twice, but owing to the panic that prevailed, no successful effort was made to save him, Mr. Jarvis was about 28 years of age. and leavesa wife, who resides at Roslyn. L I. He was formerly employed as a pilot on the Fulton ferry. but lost his situation by the ‘strike in May last. He had been employed as pilot on the Island City since June, and was well skilled in the navi- gation of the Sound. About 1 o'clock yesterday after- noon, his body was recovered within a few feet of the spot where he fell From the appearance of the head, which is considerably bruised, he must have struck against the ground, which rendered him insensible, The Watering Places OUR NEWPORT CORRESPONDENCE. Ocrax House, Newront, July 16, 1852, The Season at Newport—The Maine Law. We have delightful weather here at present. The ther- mometer ranges from 70 degrees to 75 degrees, with a comfortable sea breeze. We are as yet in the enjoyment of sherry cobblers, and such like comforts—all free till the 19th inst. We shall then know our fate for the season— cobblers or lemonades. Some do not fear the result— others are melancholy. The cottagers here have made themselves comfortable by laying in a geod stock of wines, &c., for the season. Messrs, Newton & Brothers ‘ay there is as much liquor in Newport now as will sup- ply the demand for three ordinary seasons. They say that they have sold, lately, over five hundred gallons daily, and that they have large orders on hand yet. The hotels have concluded to keep their bars open at all bazarde—to violate the law; and if things come to tho worst, to mark each bottle. box. or basket of wine, bran- sy, &e., with the name of rome guests of the house, ere are but 47 Maine law advocates inthe town of Newport, and they have nominated two men as inform. ers, One of them isa hy, ang saint, and it is generally understood at the hotels that he is to be hurried off the premises if he intrudes. The Town Council have chosen as their nominee, Thomas Pratt. who is blind an smell, but is fond of a good glass of comforting be The Ocean House has been repainted and re throughout, the pasrages bave been recarpeted. look equally. We have aa yet only afew ever a at the Ocean House—still fewer at the ot hers—a sx | Of old belles and old fogies, 3, | f by the | OFFIOB OF THE ASSOCIATION FeR THE EXHIBITION OF THE INDUSTRY OF ALL NATIONS. New Yor«, July 12, 1862. ‘The Aseociation for the Exhibition of the Industry of all Natious, give notice that the exhibition will be opened in the city ef New York, on the 24 day of May, 1853. ‘The municipal authorities bave granted to them the use of Reservoir Square and they are proceeding to erect Clay (At thereon a building worthy of the purpose to which it is Festival Ansooiation met at the devoted. soaps serps. ‘The arrangements _ ‘The Arseciation desire to make the exhibition, in fact as wellas in name, a representation from other countries, as well as their own, of raw materials and produce, ma- nufuctures. machinery and fine arts. ‘Yo this end they have made arrangements with Charles Buschek, Esq., late Commissioner of the Austrian Kmpire at the Industrial Exhibition of London, whore skill, ex- perience and high character offer the most satisfactory se- curity to contributors from at road. Mr. Busehek is the authorized agent of this Associa- eae | tion, for all countries other than the eontinent of Ameri- a, and a8 such has received its instructions. addressed to him at ‘ The Office of the Exhibition of the Industry of all Nations in New York,” No, 6 Charing Cross, London, He will state to them the nature of the powers given and authority conferred, and will also explain the great inducements offered by this enterprise to Euro- pean exhibitors. ‘This Association will correspond with all persons in the United States, the Canadas and British Provinces, the West Indies, and this continent generally, who may desire to contribute to this exhibition. All such communications must be addressed to “ The Secretary of the Association for the Exhibition of the In- dustry of aH Nations, New York ” The Association is now ready to receive applications, and it is desired that they be sent-in immediately. Due notice will be given, hereafter, when the building will be ready for the reception of article. Applications for the admission of objects to the exhibi- tion must represent intelligibly their nature and purpose, and must also state distinctly the number of square feet, whether of wall, floor or counter, required. Machinery will be exhibited in motion, the motive pow- er to be furnished by the Association, and applications for he admission of machinery to be so exhibited, in addi. fon to the general description and the requisition for space, must set forth the amount of motive power re- quired. ‘The Association deem it proper to announce that paint- ings in frames will be exhibited. As, notwithstanding the magnitude of the proposed building, there must, necessarily, be a limitation of space, the Association reserves the right to modify or reject ap- plications, but, im so doing, will be governed by strict im- partiality, looking only to the general objects of the en- terprise, The Association also reserves the right of determining the length of time, not to exceed in any ease one season, | during which objects shall, severally, form part of the ex- hibition, Exhibitors are requested to designate an agent to whom. heir contributions shall be delivered when withdrawn | from the exhibition Prizes for excellence in the various departments of the exhibition will be awarded under the direction of capable and eminent persons. With this statement, the directors solicit the co-opera- tion of the productive intellect and industry of their own and other countries. THEODORE SEDGWICK, President. Wa. Wuerren, Secretary. DIRECTORS Mortimer Liy'ngston, Elbert J. Anderson, Alfred Pell, Philip Burrowes ‘August Belmont, Johnston Livingston, Alexander Hamilton, Jr.» Charles W, Foster George L. Schuyler, Theodore Sedgwick. ‘The office of the company is No. 53 Broadway, where copies of this clreular can be had. M. Petin’s Ascension at Bridgeport, RECEIVED BY SMITH & CORWIN’S L. I. EXPRESS. River Heap, Lone Istanp, Friday, July 16, 1852. James Gonvon Besnert:— Dear Sir—I send you the following item of news, which you can make use of, if deemed of sufficient interest: — M. Petin, with two assistants, ascended in his balloon on the body of Barbara Hester. with a balance of $100; | from Bridgeport. Conn., yesterday afternoon, about 3 o’clock, and descended or landed four miles north of this yillnge, about 5 o'clock. M. Petin says one of his men fell asleep when about midway across the Sound, and ho could not awake him. so they had to come down, when he recovered. M., P, takes the cars to-day for your city. His bal- loon is not injured in the least, The experiment, this time, was certainly very successful. OLD SUFFOLK amounts to be raised by tax for the year commencing Sub-marine Operations on Diamond Reef, In the Harbor of New York. The Hurlgate iron float Walter K. Jones was towed down from the gate by a steam tug. and. about 3 P M., the battery upon it commenced firing sub-marine charges of one hundred aud twenty. five pounds each on Diamond eef, situate between the Battery and Governor's Island, Nine charges were fired during slack tide this after- noon. Ou Monday. the 19th inst., (wind and weather per- mitting.) the firing will be resumed during slack tide, in the forenoon, and also late in the afternoon. The ope- rations are conducted by Messrs. Mailletert and Raas- loff, submarine engineers, under the arrangements made with Mons, Maillefert, in connection with the operations at Hurlgate. of firing sub-marine charges on this rock, and for that reason we are thus particular in giving this notice, Fuupay, P. M,, duly 16, 185 KB. MERTAM, Personal Intelligence. Among the guests who arrived at Old Point Comfort, on the 11th instant, were Mrs. Fillmore, Mise Fillmore, Mr, Fillmore, Jr, Hon W. ©. Dawson, Hon, B.C. Cabell and lady, and Mrs, General Ashley. Arrivals at the Irving—Hon, Thomas Bartlett, Geo. Roberts. W. IH Turner. Syracuse; Rev, E. Nevin, Cleve- land; R. Sewell, Baltimore; J Clawson. Cincinnati; Lb, Stockton, I hiladelphia; A Alexander, Miss ; Capt. [amil- ton. Geergia; Hon. Jobn Breckenridge, Kentucky, and 157 others. At the American—Colonel Fitzgerald, Washington; G. Godfrey Livingston; J. P. Reynolds, M. Welherbee, Bos- ton; W. Telley, Ala.; J Bernard, Boston; M. Thompson, 8t. John. N. B.; R. Pitcher. Va., and 60 others. At the Astor—J. Wileox. Augusta, Ga.; J. Lewis, Phi- lndelphi. . W, Fitzgerald. Washington; Hon. G. Baker, Pa.; J. MH. Laprley, Ala.; D. Wolfe. Texas; A. C, Hamil- ton. Mo.;. McDowell, Ky.; Hon. J. Ellis, N. C., and 159 others. Atthe Howard—V. 1. Richardson Ohio; J. Curtis, Charleston, Mass.; W. D. Davin, Cincinnati; W. W. Woodruff Griffin, Ga ; B. Bangs Baltimore; Col, B. I, Taylor and servant. J P. Blanks andservant,T, & Searls 110 ethers. Police Intelligence, Arrest of « Fortune Teller —Constable Joseph yesterday arrested C, W, Koback. @ noted fortune teller. residing at No. 6 White street, on acharge of defrauding Mr. Dan- forth Baldwin, furniture dealer. No, 195 Chatham street, out of $21, under the pretence oftelling Mr. B. the where- about of the thief who robbed Mr. B. of $490, Roback told Mr B. that it he gave him $40, he would have the money placed back in his drawer again. Mr. B. gave $20, and promised to hand him the balance when the money was returned. Mr. B. ed him to describe the person who stole the money. This he refased to do unless paid another dollar: The dollar was paid, and Roback went on to dereribe the person, but not at all like the real thief. as the rogues were subsequently caught. ‘The accused, when arrested, was conveyed be- fore Justice McGrath, who held him to bail in the sum of $500, to answer the charge. When the officer went to the fortune teller’s house, he found seated in the room some twenty persons, the majority of them women, awaiting to have their fortunes told. On the officer making known his business, the visiters became alarmed, and scampered off in all directions, In the Caseof the Alleged Forgery against George C. Hamil- ton.—In this matter, George C Hamilton stands charged by A, B, Corwine, U, 8, Consul at Panama, with forging and uttering certain letters of credit, purporting to be drawn by Spofford & Tileston, and onthe Ocean Bank, of this city, whereby Mr. Corwine says he has been de- frauded out of some $25.000, Justice Stuart yesterday rendered his decision as to his right to adjudicate in the matter, Counsel for the defence contend that no offence had been committed within the jurisdiction of this State, the pec ar gl having been uttered at Panama, N, G. and noevidence existed against Hamilton showing that he uttered the said papers within the jurisdiction of this State. The magistrate, however, decides that as the papers, upon their face, purport that they were written in this city, and the intention to defraud originated in this city, there! oi that the forged papers were executed before Hamilton left this State. he is, therefore, ported to our laws, and must be held to await an exam! ¥ A Sawage Father —A brute of a man, named William Lyons, was arrested, yesterday, by officer Collins, on a of beating his son, asmall boy of eleven yours of age. in abrutal manner. The back of the child was ex- hibited to the magistrate, and a shocking sight presented itself, The back of the poor child was lacerated in a dreadful manner from the effects of blows inflicted with a reps ‘The reason ass! for this severity on the part of the father, was to compel the child to the streets and beg for pennies, and if he did not bring home a certain amount of money the rope’s end was applied to hisback. Justice Bogart. before whom the father was brought, gave the umnatural parent a very severe ropri- manding, and required him to find bail in the eum of $200 to answer the bol og in default of which, he was com- mitted to the Tombs. Alieged False Pretence—Oficer Elder, yesterday, ar- rested a German, named Louis Schaffer. on a charge of having fraudulently obtained the Sears of Mrs. Sophia Walf to a paper, by which means she was cheated out of $200. The accused was conveyed before Justice Osborn, who detained him for examination, EEE Noles A Run=They Ran—The Victory 1s Ovre—Who run? Why, the gray hairs. They totally din. appear under the influence of DAVIS'S R which canses them to change el original ns nh wtroet, at Nos. 176 Fulton stro and rervant, California; Hon, G. W. Burton, Towa, and | All communications from contributors abroad must be Many persons are desirous of witnessing the operation | § and Intermediate E. HULSE will mal (Sunday) leaving Jay street er ueual trip to morrow, at 734 o'clock in the morning. Pavilion, New Brighton.—This Establiish- ment is now open for the er \d_ the proprietor will be happy to m: di 7 A more frequent eommunieatios @d as the reason advances. — F, BLANCHARD. Mr. fora, hen omnis engraved of Phi- ede) ph babe euperb erayon Dagustreobypes, fiaien only by RUOT, in this eity, 368 Broadway.) is por ction iueel 2” They are worth A visit fromull'who want pictures. ae so Brady’s National @alle: if mtuine abe lar " . Call and see. A friend of ours once observed, In refer- ence to the extensive system of advertising which he pur sued. that bis name was “posted on the great Chinese wall.” ‘We do not know that such is the case with THOMPSON, the Di but we do know that his pictures found t! rt of the civilized world, and th wherever they are seen they are universally admired. Rooms 315 Broadway. Twenty-five cent erreotypes.—-The cheapest Daguerrsotypes in the world are those teken by & CO, 280 , whoxe concern open yesterday, with a crowd al demanding the twenty-five cont works of art Who woul 50 cents for ® picture ‘When experienced operator# like REES & CO, take themin superior style for half the money. Count D’Orsay.— Meade Brothers have just added to their valuable coliection of European Pictures this celebrated leader of the bon ton, which may be with the other pictures, taken by them in Europe. Ameri- ean Galleries, 235 Broadway, next to the American Hotel. road wi Straw Goodsand Summer Hats, Redueed, 90 Fulton street near Gold. Panam: ; Drab Beaver, $2 60 to $3 50. "These prica ed to close out the stock; call before your purchase. PREEMAN, %'Pulton strevt, $10,000 worth of Spring re this day selling at twenty-live per below cost, at Feeny's, 524g Bowery, to make room for he fall style, which is in process of manufacturing. J EN Bowery. Clothing.—Gentlemen from the South and Wert requiring any articles of Cloubing made to ord em d_at moderate pric to call at G. B, CLA) 'S, 116 William stre in 1644,) where they will be dealt with on smh terms as ee insure their future custom, Citizens already knew im. Fulton street, Nos.150 and 156.—In buying Boots, Shoes, and Gaiters, it is very important to sceure good articles, for a great deal of money is thrown away upon oor shec-leather. ‘Mr. EA. BROOKS has been many years n Fulton street, and has achieved an enviable reputae tion for selling the best Boots and Sh at the lowest prices. His old store, No. 150, was found to be insuffi- cient to accommodate the immense run. of custom he has secured, by reason of hie fair dealing; and he has accordingly leased and stocked the store No. 156, which is little nearer Broadway. Those in purauit of the best articles, at the lowest prices, can be accommodated at either store, The Wholesale business of Union Hall Clothing is eo comprehensive, and tho system. of purchasing oods, established by the proprieto ROGERS, gives him such a command of the markets abroad, that ever; article of clothing sold in that immense edifice eau be af- forded from thirty to forty per cent under ordinary prices aid, butthe word When GREEN, No ‘# Sewing Machine.—These invalu- ing Machines continue to attract a great de rom the amateur as well as the pro teamster, Principal office, 205 Broadway, where they a fold at the very low price of ere the public are $15, and w invited to eall and examine them in operation. Elegant Shoes and Gaiters.— Watkins’, 114 Fulton street, is the place par excellence to get really food handsome, and durable shocs, WATKINS offers none nt the best articles, all of his own manufacture, and ti surprising, considering the quality of lowness of his prices his goods, Uncle Tom’s Cabin and Unele Sam’s Invi- tation to the World.—MILLE’ i etrument dealer, b d the above excelle singe, that bid fair t jopular ever printed. Millet has also for sale all the new Music and am large as- sortment of Musical Instruments tor bands, seminaries, amateur prof and the public goneral de supplied, Millet’s ‘Music Saloon, 329 Broadway. Agent for Watt's Ni rvous ‘Watches and Diamonds—A fine assort- mont of good Watches for ladies and gentlemen at importers’ vod lepines as low . Diamon: pack- suit customers, ri Hisipond pinge: pins, kecv at manufacturer's pri mond rings, pins, &e., at manufacturer's prices. PPAVID RATT. B61 Broadway, up stairs, tment of fine Canton Tea Comp: Teas.—The best as: Will be found at the store of th 25 Chat! street (between Pearl and Roosev: oldest tea establishment in the city. We asaure our rei that they can do better here than elsewhere, eithe: eale or retai have now no branch stores. Delicious Viands.—There 1s not in the whole city a finer stock of choice Wines, Brandies, and Se ars, than {s to be found the store of Messrs. M. B. PETERS & UO., No. 800 Broadway. Those gentlemon are agents for the cclebrated Grape Leaf Champagne, for which there has recently been suck an extraordinary demand from all quarters. To the Amert Peop Without Pre- amblo.—I will take consumptive patients upon the follow- ing I will take no pay if they die while taking the Nervous Antidote—no matter how long—but they shall pay me two dollars a week, when they are well, for all the thine under three months, and if they doubt then of being roughly cured, they may specify any time they choose, they must pay one dollar a week for A Ife expiration of the given period, bt mothing if they do not snrviv TALBOT WATTS Electro Magnetic Nervist, Greenwich street. Dr. Powell wishes to Inform his patients that he has removed to 502 Broadwa i) attend ae hor ¢, to mil diseases of the Sn from 9 tod vclook daily, Dr. Powell's “Treatise on the Ryo" can be procured at his office, Also, Artiticial Eyes. just imported, Which will move and look like the natural eye. The Eye.—Dr Wheeler, Oculist, receives tients at his residence, No. 25 Barclay street, from 8 A. M. 0 Diseases of the eye. no matter w long stand- ing, or however obstinate they may be in their nature. ean be effectually eradicated and a permanent cure effected. Portable Dressing Cases.—The advertisers have devoted their unceasing attention to the perfecting of these useful articles, and have on hand a large assortment, of construction suitable to the wants of the travelling com- munity, For sale at SAUNDERS’, No.7 Astor House, and 87 Broadway. Comb Factory.—A rich assortment of Tor- toise Shell Dress Combs, the newest French patterns. The variety embraces every style of imported and home manu. factnre. Combs made to order and rep A. & J, SAUNDE red. RS, 387 Broadway. Saunders’ Metallic Tabict Strop for keep- ing Razors in perfect order—This article has been long and fay, own to ublio, the inventor having received nd diplomas innumerable at che World's Fair, It was exhibited amongat several hundred specimens © and was then pronounced by the juiges to have no cqual in producing the keenest possible edge to a razor. Certificates of ite wonderful powers from Dr. Soha Grescom,'Dr. Valentine Mott Ge President ofthe American Institut the royal navy, and ‘ous others. ean by depot, No, 7 Astor H nd 387 Broadway. Mair Dye.—Batchelor’s celevrated Liquid Hair Dye is the best yet discovered for coloring the hair or whiskers the moment it js applied, The wonderful ease gertainty with whieh this favorite and old established Hair Dye performs is ishing. It is for sale, or splied, at BAN FY HELOR'S W! etory, No 4 Wall stroet. Copy the The writer of this saw last week a man whose hair had been turned of six colors—ove a bright pur- ernicious Hair Dye. Cristadoro’s Liquid ‘Hair @ contrary, always imparts a natural black or improves the condition of the fibres. Applied CRISTADORO’S, No. 6 Astor House, Private i ooms for applying the Dye. we ¢id not recognise him; but when he pey,.t4 Semall Bill, we discovered it to d been using BOGLE'S Bleotric Finid on his hair and w be an old friend, w' Hair Dye and Hyperi im Those who wish to change uld recommend to purchase th articls Sol le and retail, by A B.& D, Sands, 100 Fulton street; Rushton Clark & Co., 27%, and Rice & Smith, 727 Broadway; Wm. H. Cary & Co,, 245 Pearl street, and by the draggists and perfumers throughout the world. Gouraud’s 1 orativ, ie Ba te wel! as Lyou’s Larrea bess for the growth and embollieh: , to prevent its falling off and in ‘on, being free from offensive ran- ad oil, mopertios, loaves the hair clean, rich, soft, ani old. by ty di in Now York, Brookly hroughout the world "HOMAS LYON, 161 Broadway, N. ¥. Wigs and Toupees.—Batchelor’s new style of Wigs are pronou: initation of nature yet invented, Tho ry wupacicr artiole should sall at BATCHELOR’ rated Wig Puctory, Ni 0. street, where can be fo: largest and best assortmont Inthe city. Copy the addr Dr. Keliinger’s Success is m matter of wonder and surprise to thousands, who knew him somo ten ears since, When he put before the publio his truly won. Jertai remedies, he had bot one dollar to call his own, En. tering the market against excellent remodi rs, w and enterpris f whom huge made thelr forkunes and re- sired, le a Alone in his glory, Frinnds and money are Ma from overs quarter While many ate e watering places, distributing tho: + Te Keremaing at hisextensive and beautifal m LOWEY MARKET, Faipay, July 166 P.M. ‘The stock market opened heavy this morning, and eon- tinued se to the close. There was no great variation in prices, and holders do not appear disposed to foree stocks upon the market. At the first board, Delaware and Hud- son deelined 44 per cent; Pennsylvania Coal, %; Ni- earagua. 1; Edgeworth, };; Montgomery, 14; Harlem, 34; Erie Railroad, 34; Michigan Southern Railroad, 3, Florence and Keyport advanced \{ per cent; Reading Ruilroad, 34; Norwich and Worcester, %. At the seeond board, North American Trust went up % per cent; Har. lem, 4. Pennsylvania Coal Company declined %4 per cent; Canton (ompany, }; Morris Canal, 34; Erie Rail- Foud, 4; Reading Railroad, 3;. There were no sales of Long Island at either board, The receipts of the eom_ pany for the first two days in July, this year, amounted: to $7,952 34, aguinet $7.015 98 for the same time last year. Increase in ten days, this year, $936 36, averaging. nearly one hundred dollars per day. ‘The Albany and Schenectany Railroad Company have declared a semi-annual dividend of four per cent; the New Jersey Railroad Company. five per cent. It appears from the steady improvement going on in prices for public secusities in this country and in Burope, as though capitalists generally did not participate in those apprehensions which some financial writers have anticipated relative to the rapid increase in the supply of gold. Consols have advanced to a premium of one percent. United States Sixes sell readily at = premium of twenty per cent; and, in fact. stocks of all kinds are moving up rapidly, and perhops permanently. This, however, depends u on so mavy contingencies, that in- less than twelve months the entire complexion of things may change, and we may find ourselves upon the eve of one of those revulsions, or convulsions, that will far ex- ceed in magnitude anything of the kind ever before ex- perienced It is the impression of muny that the great Panacea for all evils that may from time to time afflict the financial or commercial.ciusses. is a plentiful supply of gold and fllver. ‘This is very true, and very well, 80 far as it goes; hutit probably will not go fur enough, At all events, that is the greatest danger we have to guard against, If public and private credit—if financial and commercial operations of all kinds—would keep within proper limits, and increase no faster than the addition to our supply of precious metals would justify, the basia would continue sound. and our progress would be healthy and permanent; but we fear that such will not be the case, and that the result will be far different than the existing state of affairs would warrant us in predicting. In times past we have not been able to check the expansion of credits in season to pre- vent disastrous reactions, and the impetus has al- ready become so great that we have little hopes of doing so now. Itis characteristic of our people to go far be- yond their depths, in all speculations and~ mercantile transactions, and we have no idea that the present period will be an exception to the general rule. Up to this time, we have kept in advance of (he means of payment, and it is only the prospect of large supplies of gold that sus- tains public confidence. Destroy that belief. and the foundations of credit would at once disappear, Up t: this time, the expansion of credit has been to a great ex- tent artificial. The banks, with very little more specie on band than they had three years since, have extended? their credits more than ove hundred millions of dollars; incorporated companies of all kinds, have largely in- creased their indebtedness; States. cities, counties, towns, villages, have put bonds upon the market to an enormous amount; individuals have easily obtained credit to an unlimited extent, and every facility for carrying on any speculation, or avy legitimate enterprise, has been put into active requisition, The movement is daily gain- ing strength; and every week will add to it, Fora time there may not be a greater differenee between the sause and the effect than exists at this moment; but when it commences widening—when it becomes necessary to resort to means of a more artificial chorscler to sustain the huge structure built upon a paper foundation—we may look for results similar in charactor to those which have marked similar movements, but ten-fold more intense and disastrous. ‘The receipts at the office of the Assistant Treasurer of this port today, amounted to $100,544 83, payments $87,405 54—balance, $4,154 889 ( The amount of tolls collected « Hlinois and Michi- gan Canal. from the openining of navigation to the 7th of July, 1852, was $73,012 33, ‘The Edgeworth Land Company, of Massachusetts, have at last made a report. The vectors make out a more favorable story than that pubi by the investigating: committee; but it would be vy iMieult for those inte- rested to tell which was the most correct. The annexed statement exhibits the balence sheet of the company's bocks, on the let of July, 18 Eperwortn Laxp Co Valuation of assets, hy Director Linbilities, adding $5,000 for cout 301,101 38 31.579 37 Surplus evsets....... ‘The capital is represente Shares, which are worth. accor nearly eleven dollars per shar by twenty-five thousand © the above estimate, The difference between. the investigating committce’s estimate of surplus, and the directors’, is $114,108 41 in favor of the directors. This variation is prinefpally caused by u diferent valuation of the land—the direetors ad sales,and the committee es inquiry. The difference in land y By « new survey it has been dis ting the average price of imating by comparison and uation is $68,874 92 vered that the land comprises fourteen acres more thou had been previously reported. which are estimated to rth twenty thou- sand dollars, leaving a balance of 49. This balance ix mostly made up of a differen vaiuation of Saugus Branch Railroad stock which the directors put dowe at par. and several items which were not furnished. the investigating committee, The annexed statement exbibits che quantity and value of fi n dry goods entered at Chis port for consumption, for warchousing and the withdre#s!s from warehouse during the second week in July in cach of the past. two years — Movestenta ix Fone Dav Goons. 2a week in Jw an Pkes, Value. Manuf of wool... 1,939 $537.410 «cotton 979” 210,764 “gill goo 682.619 aan eee 418 138.466 Miscellaneous... 163 83,148 Total....... iT $2 4528 1,052,402 Withdrawn from Warehouse Manuf, of wool... 165” $55 0 $42,932 cotton. ¢ 158 «sik. 42,186 “me. Mircellaneous . 07 2 Total $104 685 $ sz1 10 bo “ us “ flax “ Micellaneous bo Wolals. (23545056 rrr) Total value put vpon the market 24 week in uly. 1851. + $2,474,852 Total’ value j kin Z July, 1862 veveve AsTOT O67 Decrease 24 week in July, 1852... Increase Ist. or 85 ; *Ta0etd Increase first two weeks in July 1861..... $21,760 The dry goods business is markedly on the increase, Staple goods are active, and there is more doing in dress goods. ‘The aggregate of business bids fair to be large this full, and at good average prices. as stocks are not, relatively to the demand, very heavy Prices of woollen, cotton and silk goods are ali upward in thelr tendency. Linen goods are being imported at «lower rate. Heavy brown sheetings are in continued good request. at 7x0. a T3sc. Shirtings sell steadily—the supply is limited. Bleached goods, with a moderate «took and good demand, are very regular and firm in price, Brown drills are active for shipping. at7 ya Toc—the same as brown sheetings leached drills are from 7% to 8¢., and blues 9e, Ornaburgs are in very moderate supply, and. firm. Deming are inaetive; prices range from 7g to Bo. Low priced staples are dull the better qualities are moro in dem: at full prices. Printing cleths are higher by Jee.; the range is now ade. The demand is regular, but moderate. Prints are not very active, but a mode- Tate enquiry exists for the early fuil trade. Ginghame are quiet, but steady, Delaines are apy ing in good assortment and large supply on the market, but the de- mand bas hardly commeneed. The most active trade is in colored cloths, which are in puor supply, the qualities fold not being replaced; prices keep stre 9 Cassimeres are active. mostly fancies, at full asking rates, Satinets continue firm. but not plentiful. There is an increasing oie! for sheeps grays. and prices are moy- ing upwards, Tweeds are heavy in price, with a large supply. Jeans are quiet ‘Fiannels are in. fair request, at full rates; blankets, moderately #0, There is an increased inquiry this week, for goods, with re and dress goods, and at the enhanced rates asked. French and German cloths sell well, and British heavy woollens, also, Plain and figured French rilks are in better supply, and sell move briskly, bel much wanted. Velvetings are scarce and in demand, and all fancy vestings command a ready sale, Ribbons are still down, but the supply is now complete, and the de- mand will soon open, French and British delaines are selling moderately, but the supply is very limited, being nearly driven out by domestic styles, The Ly grades imported, alone, are wanted at fuil rates imports continue light, and the first demand for the fall season The later importations will proba- alone is provided for, bly be at a higher rate. as foreign manufacturers are onl: working to order, and not yet for the chance of a market, Itis when orders flow in slowly on the other side that manufacturers are induced to produce on speculation, and this happens, most usually, later im the season, ‘The steady advance in raw matorials inducing cautious pur- Yonkers, makes from $5 000 to $10,000 a season Hero ine uf the erent leading features ‘of his susvess: chages by manufacturers, lest prices should advance still arther, will keep the sort of speculation alluded to, in