The New York Herald Newspaper, August 29, 1854, Page 2

| INTERESTING FROM CUBA, | Fountain, I noticed paming two or three large launches, each filled with chests, all marked “ten We have received our files of papers from Havana | English muskets.” Those muskets, doubtless, came to the lst instenf The general news is unim: | fim Birmingham, and could not hare bees, experts! . goverrment. Has not this the appearance of & The Gaceta (extraordinary) of the 16th instant, | secret treaty between England and ? contains the following prociams(on :— The Gaceta of yesterday contains an order, of Lenamrawrs oF Ouss !—Alarming ramors, clr which the following is <vnaae te Weller aeieneatt, ae" Goank- anseast <F a os the always loyal isiand of Cubs, mm by the euemies of this long | oretary of Government— bas ong country, have agitated B Jour mlads and | Tiere having been apprehended by Don Manuel Cristo, Tarts of the good. Bat let your minds beat ease. | Snel ge bumived’ enc seventy four eases nogross If some ‘Bra usane wad in numbers) have | who have been clandestinely introduced into this island, in contravention of the commands of our lady, Her Majesty the Queen, whem God protect, the Captain Gen- ere] has been pleased to declare, in reference to Zayas, that he is entitled to the premiums mentioned in the frst article of the cireular of 28th of July last past, No. the iacredible scheme of effecting a revo in the classic country of monarchival loyalty, they themselves will fear to carry out their purpose. Thave the most undoubted proof that the throne of our Queen is now, as always, ay immovable rock, at 3@ base the waves of evolatioasy must be b’o and from hich there ever flows 4 benificent light for the social aud polit’ al regeneration of the State, “The constituted authority exists at this time im the name of Isabella Il.; tere you behold the lawful represen'ative of tathe acd, which is Spain, the land we all adore, and at whose call our united respond, and ever will respoud, vem call telly us “on these oixtant shores of the 49, inserted in the official gazette of the government ac- cording to the arrangement made as regards the classifi- WE cation made regarding borales, as 7¢ Hombres, at $10 ¢ach. 3 Male children, at 83 60) Women, at $6 each, 16 Yemale children, at Total... tee seed eeen serene cesses —Which amount has been paid by the Treasurer of the Board of Proiectors of Emsncipados to the order of the seseeseeee 81,208 religion and Jaws of our fat ers, of the preservation | aforementioned apprehender. of public and private {aterests, of union, of power, | ‘This is published by order of His Excellency the of peace, and, if need be, of bgp Darrmed upon all oar | Captain General, in the official gazette, for the We enemiés. This cail ought to our answer to | ledge of all. ey org) JOSE ESTAVAN. foreign agitaio s, to these birds of evil omen—these Havana, August 19, 1 3 shameless Aran of public places, who enjoy | If any thing will gmt se end to the African slave disoord, and only live to curse and to poison, trade, this system o! rewards for the appre- hension of bozales will effect it; but will the suc- cescor of the Marquis de la Peznels pursue the same excellent system? Nous verrons. Inbabitactes of Cuba! be tranquil. Your destiny | does not depend ou the agit ious that political | pessions may engender in our Spain. You enjoy ow this great benefit amoog other provinces of the mother country, tormented for so mavy years by the destroyers of written righ’s, that you are soarcely ever sure of that peace and tiat trae and per’eot jibe ty whch ch ald be yours under the paerfic shade of Castilian boner. Whatever steps the government of our Queen may odupt, its vonduct wul be identical with your POvGHKEEPSIE. ‘The Enlargement of the Western Section of the Erte Canal. TO THE EDITOR OF THE ROCHESTER DEMOCRAT. Rocuesrex, Aug. 26, 1854. Deak Sir—On wy return to this city, two days since, I was shown the communication of J. La- 1 be politi throp, in your paper, respecting the inaccuracy inthe | oat is the gots ae ered Racer Ss ie state oad bi of my letter to Mr. H. Ely, of August 14, many statesmen, acd not the caprice of a As Mir. Lathrop in his letter published in this morn- tle Cabinet. {t is the | 2's Demecrat does not state the depth of the canal single member of vo ve at Black Rock, I must rel: Mr. George Coleman, upon the statement of dent Engineer, made to pr re ne le iat, bes the Hopi the canal whe bave g tray, 8 you bave recently wit. | St Hiac guard tock, 94 the work is no¥ pro- sessed, solerance tempered fyi astice, Tentecnian to | posed for letting on the first dey of September, is good mer, and th» prosecution of the evil miata !, | Shout two feet belcw the mitre sill of said lock, or without unjust and odions distinctions, resistaace to | 0/4 canal boitom. Mr. Lathrop says (see the let ier all foreign interfereace loyalty in fulfilling our en. | 1 thieday’s paper) that the bottom of the canal {is gagements with foreign allies, and the defence, at | t be sixty feet wide, with slopes of 14 to 1. This every cost, of the Spanish nationality and the in- | Would give, at the lowest stage of water known at terests of this island, are, the grounds of this pro- | gramme. Pursue then with every satisfaction your rofitable and peaceful svocations, and, free from e causes which sre agitating the Peainsula, im- | plore Providence, who ever watches over the throne of Sau Fernandez, tha: He will guide our country sufely among t! ese political shoals to the barbor of salvation. JUAN DE LA Pazveia. Havana, August 15, 1854. ot expediency, of nevessity, he wieof those who wild sa- rdon and clemency towards those tional area of ovly 375 20 100 feet. The plan proposed by Mr. J. D. Fay (ses State Engineer's report of 1553) was 90 fect width ata point 4 feet above the said mitre sill, with a depth of 8 feet, being 4 feet below the mitre sill, or old canal bottom. This would give a sectional area | of 604 20-100 feet, being grester than that now pro- | posed by 229 feet, or 60 per cent. The plan adopted in 1851 (see State Engineer's | report of 1862),on which Mr. Latbrop, then Resi- OUR HAVANA CORRESPONDENCE, Havana, August 21, 1854, Influence of the Revolution in Spain upon Cuba and the Cubans—The Slave Trade—Emancipadoes— | 4 feet below the mitre sill. This would give a % sectional area of 680 20-100 feet, and greater than Landing of More Slaves—The New Consul | that now proposed by Mr. Lathrop by 305 feet, or Markets, §c. | Sl per cent. My last, by way of New Orleans, will probably | rhe plan of Mr. H. Hutchinson (see Ags. Doc. No. reach its destination in even time with this, by the | 2, 1886,) was to excavate the increased depth of | the enlargement below the old canal bottom, which steamer Gov. Dudley, of which we had no advice | pe ways a fixed with great care, from the depth aatil she sppearea in our port on the 19th inst.; and | of water in the lock, in 1820. He very emphati- ahe leaves this evening—a part ofa day in advance | cally enjoins it upon all future engineers who shall of the usual sailing day. The scintilations of ex | have charge of this work not to depart feom this bare line. He proposed that the width should be piring hope in the regions of the palace I gave you | ample to pass from the luke the required volume of with my last eaclosures, and the provlaiming minis- | water, which was to be 30,720 cubic feet per minute try, to our fears, or-vice royal fears, for the peace at Lockport. . Mr. A. Bassitt (see Sen. Doc. No. 54, 1839, and quiet of this community, under the as‘ounding | posed the sume Po\ below the old canal ah nig iatelligenoe of the unfaithfulness of Spain to herself | and 30,000 cubic feet ot water per minute at Lock- st home, has had the soothing effect anticipated. | pot. The people have remaiued, with the same appear. | _ "Davis Hurd, late Resident Engineer, (see his report to the Canal issi fil ance of calm submission to what may chance, since | iftice of the Division ene Sereaheatee ) ree the proclamation of the “rights divine’ of “ the | ie eed peda gl er ake eet throne of Ban Fernando,” as the door of salvation | y authority for the low stages of water observ “for the political wreck ot Spain,” as before. I at Buflulo and Black Rock, are Ass. Doc. No. 99, find ne evidence of change, but a quiet dealre to | Hw, before referred to, also frequent verbal state- abide the isane, and see what may be made favor. | ments of D, Hurd and Jacob Hinds, late Canal Com- able out of the present progress, Asin auch cases | missioner, a letter eB er pee De Hard, and ses | my own measuremen| aur there is a good deal of sprcniation,and un fercurrent | * heneyver the surface of the ‘water ,is four feet influences brought to bear upon executive action, above the Stead, hese ae ee visa f mi A will to force it into a given chanuel if possible, for the | te beqtion e4 if. Bay on advantage of this community, all which must de | pA ins eisai pa preoens snk gE Mee? Oe pend upon the constraction of the new governmen‘ | Av examination of the authorities herein refer. at Madiid, whether it has a crown for the brilliant | '€P to will, I doubt not, satiafy every one that five int: ‘ed, if's0, whether it i# to blaze from the experienced and very competent engineers have ead of isabella, will de the baeis upon which may | jchu,d oF recommended plars for this portion of nlarg A of [oor drigen tat gage pare eee ee aT | Water eastward from Lake Erie, than that naw i Ip the meantime We continue our “pro et con” | ¥° d by the Division Engineer. Dantet Mansi. and &xhibitions, policy in relation to slaves, apprentices, and | Theatres emarcipsdos, and make a show of integrity to) proxway TamarRe—The distinguished tragic actress, Miss Davenport, is to re] her great cl reach the knowledge of everybody. On the 28th of | July, the Captain General issued an order offerin; inducement by reward for the apprehension Africana introduced into Caba in violation of law, &. Under this edict has yet been brought ore Sha lad nk Tee pil’ See} Bn re ft ys > of the day, produced this pla; ren Oy ne eee incaltiy of oe hundred. | 2 London with the most brillisnt success, it having and seventy four of the negroes to the government, | D¢en adapted from the French for her by the author which Team os they were appre erhed, anda | % “Civil ization,” and we have every reason to sup- by scaly j thang re PPI : that it will meet with great approbation here. racter of Camille this evening, in the new play of that name, sup} by sars. Conway, Da vidge, Lefiingwell, Mies J. Gougenheim, and Mrs. France Rg Troe other principal a parts eee who is now generally acknow! nowt Inlshed artist of the few others, making, as I caine he eI oe < two hundred mr fifty. The a General has | paca! “Antony and Cleopatra” will close the e of the awards of his order to the in- | : gree a Dos mnel Cristobal de Zayas, for the ap- | _ Bowery Turarre—The benefit, and positively of seventy-six men, teen children | last appearance of the ac:omplished and very po} _' * sunounced to take and eighty women, amounting to $1,294, which has | lar actress, Miss Susan Denin, is | place this evening, when a very crowded assembi: on 4 — eens we may be expected; 80 those who desire comtortatie | | places should be eariy in attendance. The pieces Provided are ‘‘Dougias,” “Katherine and Petru- chio,” and “Pizarro,” in each of which the benefi- ciary is to appear in the leading character, any one of which is arduous enough for an evening’s iabor. The beneiit of Mr. Dumbolton will come off to-mor- A few negroes and their descendants, of the Por- toguese brig Maria ce la Gloria, of thirty years standing 08 emancipaice, have been placed in de | posit, (as required by the Captain-General,) by their . masters, re-detivered ne fee uader con- tract, aa ‘entices, 80 re scems no 4 . P for the poor negro, but interminable ser. !OW Di, ht. Several prominent actors have volua- vitude under the philanthropic manasement of teered for the occasion. Pesuela, in obedience to the dictates of British | Nivto’s GanpEn—The unrivalled comic actor, pdlioy. Fiven the children, free under the law, are Mr. Burton, whose dramatic personations have ren- not allowed to be provided for by their pareats, but deied so much enjoyment to the public for years, is are compelled to the servitude they are cultivated | to appear again this evening, ported by his ta- to hate, while the revenue, ostensib'y for their pro- ented com » The very popul 3 en itled tection, derived from their labor, will inevitably go ‘Poor Pillicordy” azd the “To " are to be into the royal parse, except tuat which rabsoff in played, in which Burton will sustain his inimitable tranait for tho tit of individual official enter. peraonations of Timothy and Pillicoddy. The R:- ee It as go gt ree it is A cbr vele and ae Yrea Mathias are advertieed for to cause there no one who canciaim morrcw night. his eee 9. Kaney ome Hed — Narioxat Tiearne.--The five act play of “Da- Sante ah poe ead skh Ranive ca J make pil. on and Pythias” is to be presented this evening, catch for the Delance of vee tint bed Mr. J. R. Scott #1 tthe character of Damon, while the lesse of their lives must still onetiane 1 Lee re tale wa A ge om pene ors Sa pond “of o ie tee at _ pert of Calantbe. The fairy spectacle barletta of hear Syne idee wht A th Qn extioeaet rp our |,’ Lad in the Wonderful Lamp” will also be given, 1 public officers, seoma to have escaped their | in which Mise Hsthaway ‘will Spyent ee Alsiis attention. The nuaiber ie stated to be nein and Fox as Kasrac. The theatre is looking up, hundred and fifty to eight huudre'; but no other jie wc NS very Will filled every night for tae Sst ti oy Boo a = American Mcsecm—The same bill of entertain bec: she Gray Eagle and Julia Mista; ani by ™°n* which wes given here yesterday afternoon camua:ty, throngh ome one not promptiy provided |’ | « vening, and which attracted large audiences, with trageportation home, the facts may coma to | * be repe: ated to-day. It comprises, in the after- tac ue wriedge throug’ the Ameri an Coasalate. noon, “Adele” acd “Lend me Five Shillings,” aad We ho,e that the appointmeat of Consul at | / ~ evening, “Perfection” and “The Maid aud Havana from Missise'ppi, may prove a good one~— ? Bag vie- for ang one that follows the lave acting incumbeat, | _Hirronnomr.—Ex iting scenes of the tarf, perils Col. Wm. R. Robertson, will have an example be- | of the chase, chariot racing, hardle ing and fore him of intelligence and indastry in the dis- | cavalcades, comprise the amueements for this after- coon and evening. ba ying advertise a been eye en- tertainment for this evening, features being “Box and Cox” and “Jim oe Bvckiky’s SeaawapeERs are to repeat the bar- charge of the daties, that it will be difficatt for a new begioner to reacti, however zealous and cspa- bie he may be, without experience or kaowledge of Pa lengnece. We presame that he will know the fag of the country to which he fs accredited, and be compelled to ask, with a late aopointment “ opera of “‘Somnambala” this evening, Swaine Siees ble Beaty ou errtyal af Havenn—" Wass fag le teekiy sustaining the character of Gumbo (El- the ‘business 10). active than Wee, cones hipoed Tnx Braxcn Baxp of Wood’s Minstrels have ‘id for farther advices from Europe, | provided 8 waz eltesctive entertainment for this Markets. White sold in small lots | evening, in which George will appear in the first Srrtean i ma trist he | ss Orsra Tours, 6 |AXDFORD'S composed none. Last sales at 3 rs. per keg; of many very talented a Aye pt juscovade maolassen 4 0 4) ra. keg. Lumber pertrpess, oes 0 geod for this even- ne waa the cargo of | ing. From the large attentance last cv we aaa eed ae presume this band will be completely Tahaan Bet hk ch, Propet fo ‘The Abingdon Democrat of @ull—not in nd. | the 16th inst. has the following:——We have been in- A a York, Boston | formed that Mount Jat i= in Harlan as county, = county, flourishing. Consisteney the Geatenwas the Usutre foe Ge eonsteaatet tone circles—of the strong. modo- | blooded murder on Seturday night, the 12th of Napa Mas, — A man named John Clay, adout Havana, August 21, 1954. bons ae day. Demo tagnees re ~~ Arrival and Departure of the Governor Dudley— | town in the evening, heard a noise in the basbes on English Diwslets in Havana—Order Granting | the outekirts of the village, and were gotng in the Rewerd toa Ne direction whence the sounds e whea a men @ Negro Catcher, $e. named Lewis rushed past them. the ‘The arrival of the steamer Governor Dudley, on | alarm, and when sedante Sun planeee posses the 19¢h Inst, and her departure again this evening | was rusde, one Os ve found, his head beaten va the mails for Charlemon, affords mo the | (it! 9 rock watt is braing were costing es ‘ane of writing you again thus early, which I the hat nceteuen bee Swany beeeet his * anticipate woen my last letter wa. written, + aed per the Creacent City, bound for New | ‘east, however, it will reach New York ( time to render its comtents available, 3, & Sow evenings since, at the Marine that locis (viz. 3 60-100 above the mitre sill) a sec , dext Engineer, doubtless prepared this same section | | for lettiug, was 100 feet in width ata point 4 feet | above the mitre sill, and a deoth of 8 feet, being | 1836, Sen. Doc. No. 54, 1839, and the report of D, ; New York and Erte Rafiread, (From the New York Herald, Dec. 25, 1846.) ‘The character of some of the managers of our pub- Hc works, part! is by no means cal- culated to giv ‘as stockholders much confide: success of the reveral com: panies. After ali the all the exposé of extra. vagence, or worse, it is astonishing that junds | partially completed. Scores of cases of this kind ave occurred; and New Yorx anv Fare Ratnoap—New [sce oF Amount negotiated at 15 per cent discount. Amount iqrued to contractors. | the system of railroad management The most recemt instance of gross * ond publi: works, is t! | of the New York peg Sh Nien Compasy. We | have pointed out some of the items in which au enor- | mous amount of money has been expended, for which there is nothing toshow. We have shown | that nearly ten millions of dollars have been ex- pended on one hundred and _ forty-six of road, and have also shown that the company was hopelessly insolvent ; that the next semi-annual in- terest on the indebtedness could not be paid out of the earnings of the road, and that there was eyery robability of the concern breaking down, as it did 1844, All taese things we bave shown concla- sively, and those who are still incredulous, will, be- fore the lapse of many months, be satisfied of the truth of our remarks. This is truly an unfortunate state of things. We have doze every thing in our wer to encoun the construction of this work. | When the books for subscription to the three mil- | Hons of stock were opened, we urged the public to | come forward and fill up the amount required, be- | Heving then, as we do now, that the completion of | the road would be of the most vital importance to | the people of th's city, and the southern tier 0 | © U.ties in the State ; and it was with the greates: [a pameryd terest for the year 1849 on of Toad. ; &e., will be ap- from Bing- @ 5 the extension of the rosi We the account for fat for it sat i The presideut of the company ays, in his address, that a very considerable item ot ex; is found in the settlement of the old indebtedoces of the concern; the amount of which was not acca- rately known when the new stock subscrip‘ions were obtained. This is something new to us, ard doubt- leas ig to the old bondholders, and those hol¢'ng old claims the company, These od bonus, and most of the o!d claims, are at this moment, uose‘tled. Tbe board of directors have recently adopted the re- te of a committee appointed to provide for these onds, &c., weerein it is stated that the resources of the concern having been exhausted, they cannot mile. ma distance ig 294 miles, which, say at $30,000 oy one-half the cost per mile of that this ide), make an aggiegate , to pay wi had, to commence the distance with, but millions of dollars, leaving a deficiency of seven willicns of dollars. In m this estimate, we eve put down the cost of the road per mile west of Firghamton at only $30,000 per mile, and nace ing . | be paid at maturity, and recommend that new satisfaction that we saw the books filling up ri . 1 -de uo calculation of the annual deficienc: in the idly. When the three milllons of dolla s were | bovds, having five years to run, be given in ex: | ». ints to meet the ;ayments of foterest, raonfn Shiained, ‘and work on the road commenced, it | Cbange. This does not look much like the exoendi. ees Dees, and mteke his will be at Teast ture of a la’ge amount of money in liquidation of these claims. Before going more into detuila re lative to the enormous cost of this road, in this ad- vanced age of railroad construction, we shall wait the promised report of the president, that we may have the Jast aud best data at our command. was the universal impression that in o few years the communication between the Hudson river and Lake Erie, through the southern part of the State, would be completed, and that this city would be in the enjoyment of all those advantages 80 long ap- $500,000 per annum. The conclusion we arrive at, in view of all these things, isa that had the company smple means, the road completed would cost at least twenty-four millions of dollars. The company, bowever, have not the meaus, tickcated fom such @ connection, The three , por can itr means, at any sacrifice, to com- millions were spent, d three mitlions were [From the Herald, June 16, 1849.) ete it. As soon as the sevond mortgege bonds taired by the sale of bonds, wiich have The earnings of the New York aad Erie Railroad Pont few of which are left) are used up, tac resour- Company for the first five mouths in each of the past four years, were a8 anne xed:— New ry gg AND Erik Rai,Roap. 846. also been ex; ended; and instead of the road haviay tesched. the shores of Lake Erie, it bas not beea completed half way. It may well be asked what the ces of the concern are exhacsted. It has, it is true, the privilege of hear stock, and promising ye pay ft excellence of their interest on it; but with a depreciation of per their industry. ‘ They sti ith cauee of this delay is; but it is a question exceed: | 1847. 1848. 1849. | cent, ard the payment of interest depending upon ingly difficulty ep ah, ‘The priccipal cause is the | 018 2 a eer mee) | the ability of the company to borrow money, the groas 1gnoracce of the managers, or the indifference | ‘A bebe 20'004 23°60 ——«BUL0TS prospect of finding @ market for any new issue is ut | exhibited on the part of the directors in fu'filling the | 4% 0'004 «251798 «6 21123 | tetly hopeless. Holders of the stock of this compiny trust placed in their banis, When it is considered i 19608 25,181 66,066 | 8re perfectly infatuated, as mach so.as were holders y that many of the managers of this road, under the | sunacerd ——- — —| of Reading Railroad stock previous to the grand | weresurrounded by kin! new organization of the concern, have been engaged | Total..,...... 67,448 91,090 116,458 261,107 | smash in that concern; and we wish here to record | gave them employment in all the speculative bubbles of the day and have | ho gggregate receipts in 1848 am7unted to | the prediction that the Erie will, before the lapse of made fortunes ont of all the exploded companies, | $310,912 75, from which deduct the carnings of the | many months, prove as great a babble as the which have been so numerous during t2e past ten | first ‘five months, and there is left the sum of | imgéver was. Two railroad companies in Maseacha- setts—the Old Colony and the Boston and Maine— have lately suspended the payment of dividends; and the Erie caunot raise the means to continue much longer. A suepevsion is the only thing that will save it from irretrievable bavkruptey. Hundreds have made immense fortures thus far out of this company, and the losses from the extravagance, ig- norance and folly of those who have man: the concern will ultimately fall upon thousands little able to hesr them. We bave discharged our duty in sounding the alarm, and we shall not be weary of we)! doing until we bave brought the management to a proper sense of their duty. or fifteen years, even including the celebrated Kidd | ¢)04 454 75, as the income of the last seven months company, of Dunderhead Mountain, it is not so | st ret et ane Mncreuhe in the receipts for the pmmegin that the resources of the Exie Railroad | 9,4¢ five months of 1849, compared with 1848, Company have been exhausted on oue hundred aad | amounts to $144,649—equai to one hundred and forty-six miles of road. The same financial talent twenty-five per cert. The same per cent increase | that reguiated the affairs of the sor a = ood for the remaining seven months would give an income | Banking Company, the North American Irnst and fy that time of $437,523 19—equal to about $60,000 Barking Company, the Kidd Diving Company, | pe, month, which, added to the recei pts already real- and several others of siwilar character, has | Poa'tortne ‘first five months, would give a total of been visible in the management of the Erie | 98 63019 for the year. It will at once be seen that Railroad Company; and unless something is doneto this gum will not be sufficient to enable the compa- bring more practical men into the direction, it will | 1. to mest its current engagements, euch as run- Boon meet with a fute similar to that realized by the | blag expenses, interest, &c. It is eat'mated that the other companies, While we attribute the baak.upt- | receipts for June amount to $70,000, and tha’ is cy and insoivency of the Erie Railroad Company to | in our opinion liberal, and there must be for the re- e extravagance and {gnorauce of those who have | maining six ‘months @ great increase on even that managed its affairs, we condemn the course pursued | sum, to give a gross revenue for the year large | by those directors who have quietly looked on and exough to make both ends meet. | made no effort to arrest the movements of their co! | The immense amount of indebtedness hanging leagues, who wee so rapidly ruining the credit of | (6, this company, upon which the interest is ac: | the concern. These individuals have pexmitced their names to be used for the purpose re giving cruing, requires a large income annually over aud character to the board and creating public conti- The Fire in Troy. | LIST OF SUPFERERS— AMOUNT INSURED—NAMES OF OFFICES. {From the Troy Bi Ang, 24.) The followin; roperey was deattbyed ‘on the east and weat side of Front Street, from Division street scuth to G. P. Ogden & Co.'s lumber yard onthe Pier, at which point the fire stopped:—Gibeon’s dusty and of poems ve pip How hes. the above the ort opera to meet it, and the pro- \ Fy babllity of realizing that revenue is at present ra- laning m‘ll, where the fire originated; Baswell & cance in the management, oo they ace therefore 6, dubious. So faras the most recent reports of Ron's fomber yard; Lyman R. ‘Avery's, Cottrel & equally amenable to the stockhoiders for the depre- . Y * | ciation in the value of thelr property. It is our the ccmpany evable us to judge, the amount of in- | Brainara’s, Whipple & T'bom] ‘a, Landon & Son's, | purpose to point out the most prominent items of d¢btedness is as annexed:— Bontecou’s, N. Taylor’s, E. B. Wheeler's, and Bacon & Baker’s lumber yards and offices; Charles B. | ¢xtravagance in the expenditures, and to show to , | the steckbolders that toe remesy ioatill ia their First Mortgage Bonds... ...; | Bishop's warehousés and contents’; Noyes & a aaa be | hands to save the concern from utter and complete | Second Mortgage Bonds, issued: Tillman's | hollow | ware manufactory, John happy, moral | prostration—a prostration that will require years to | Fiocating cebt.... Fury's John Lyneh’s, Mr. Welch kd Joba Boohow " day of their ib | Temove. The history of this road is only another | New stock issued. er’s, Henry axd William Campbe Pete) Houghta- have become a di | chapter in the great book cf baukraptcy grhich has ling’e, Charles Havey’s Kutoil’s d a @ curse to | be n nesily filled by which Wave failed John Dempsy’s, Wm. Fitzsimmon’s, Tuomas Hic! Li mag The mea area within the past filtcen years. \ by hegee tion River eae followin children sorofa {From the Herald, Jan 6, 1849 } | ‘The interest on the first mortgage bonds for three She west ree ig ‘here are On the authority of a public relative to the | }curs fiom the date of issue, has been deposited with Pp r wpeaty ee? destroyed—principally occupied i and wed named below :—-D vellings consist formation of a :a)Jroad iron manufacturing company | the Comptroller, so thet the interest on about sine Cowell 7 3 Pemnesieatla, and | the Spnoungemeat at tere | mill Bs of dollars this year, bas to be provided fe ed by ae Bik oan iw brs “ke hes ral directors of the E: ailroud Com 4 bee, cumpany. Six per cent inserest on tne . : J iJ 2 2 ; oa | ps ck, and oe per cert on the bonds issued and RO! C. W. Thompsoa’s lum- sted, good, Mr. Dean, bev yard, Waters W. Whipp e & Co., do; two frame dwellings occny by |i families, owned by Da- vid Ellis; dwell ea Stephen Coveil, G. R. Davia, N. Taylor, Jobn M. Peck, H. Coakey, James tlor- 1180p, C, Hayner, Mrs. Boswortn, and the freight depot of the Hadson Railroad Company. On the east side of River street, commencing at Liberty stree*:—Brainard & Co:treli’s lumber yard; Ayres, L. Egerton, come laigely imerested ia the concen as special } purtrere, and with the knowledge that a bear con- tract bad been made with the iron company by the railroad company, we availed ourselves of the 00- cosion to condemn the cc uree pursaed by these indi viduals while connected with tne ratlroad company as directors, havirg the power to make such con- tr-cts aa they please . It appea.s that the company agreed t> loan the general partners of this iron com- Leaps, HS make an aggregate of $562.000. To ey this amoon', the aggregate receipts mus: be at 28t $1,164,000, upon the favorable calculation tat but fifty per cent of the earnil are required for runcing experses and repairs. It is, however, oar impression that the ; unniug expenses and repairs of the Erie Raiiroad will amouat to fail sixty per cent of tle gross receipts; and if so, the income for 1849 the sum of ore huncred thousand d ilars, at | must reach the sim of $1,450,000. ‘Thisisan im- | dwellings of Moses I. Wirne, D, 5 The time the contract for the manufaotare of tem | mense anouvt, aud will no'doubt stertle and alarm LS Sines Ss Land's — yang Mice. thousand tons of iron was made; but ia consequence | thore whomhave depended upon & regaler payment pe EP pe Bg Nae Ps of come disagreement in tho board, it refosed, when | of the interest upon the ltabilities of the company; | ccrner of Washington sticet; dwelling of Waters the amount was made up by five or six of the direc- | but time, and not e very long time eltuer, will show | Sy jin Pie, 08 tie OPpos (os fed Rigg $ tors. For the Purpose of Pi before those in- | the tiuth and correctness of our calcul Is | telling of D Ye aan bears igs igo he, Sec, terested evers thing relating to this matter, we annex | will be recollected that several months since we | 5° ne ‘Mrs. h Henry May, G. hi A ae & statement from a party connected with the rail- | made statements somewhat similar to these, end the | 3 (fey, Mr Thompson's, board won: cad | Toad and the iron company. There are always two | time whieh has since elapsed has strengthened usin | 4 se Ocoee oh ween whi, ie Gite | sides to every story, and we are disposed to give all | the opinions then expressed. ‘The company have had | tine ie ewe 4 mined by oa). abating shai " 5 an opportunity to vindicate themselves, if poasinle: eect aan roreree dhl dew sre | and car house of the Hudson River Railroad, and New York anv Exim RattRroaD. we have as good data for our calculations asthe com- | *bout 2,000 cords of wood. | Soon after the Erie Railroat Company had put their In Liberty street, south side, from River to First ract hamton, pany, or any set of yi and we wish to v consider thio aebpoot at toe tae by te} place them side by side, for fatare reference and | *7eet, dwellings of Daniel Lucey, Mra, , Wilkinson, of the iron for, the track, and they | Miss Johnson, and Mr. Focte-—wll frame buildiags. | applied to ali manufactarers in country, and | comparison. Since our last statement relative to | 2,the agente and importers of foreign irva, and the Jow | the afhirs f this company, an oficial report has ‘glntin Cet, ct ond Withee tee, Ube ent offer they had from any party was cash, deli- | been made by the of Directors, extracts from . seer De , vered in New York. At that time the demand for the | which were given in our columns, without oomment, | J; O- Mattice, F. 8. Thayer, J. H. » We Continent. and for English and American railroads, waa | feelin, to afford the compsny the same | Ccatey, E. 8. Randall, E. Jones, E. W. , Ae 80 great that the impression became general that the | fecitties for giving. publicity to its smeeedia tes, | Brown, L. J. Rundell, Mrs. Granger, R. D. Bardwell, | pro-nerion of railroad iron vas not equal to the demand, | fclliote oe Gane a Public our pea ik | F-Birge, A. O. Daniels, Charles Brownell, Mr. Ste- | adivesies; end thee pont Be ed''Yy; many iorge | hias enabled thove interested to judge more correct. | YeD#, Samnel Whitney, J. C. Tandon, B. 8. Beal | J.B. Young, O. Brewster, G. Iy for themselves, and will also give them an op- | Sarg, Mr. Holmes, A, Moovey, C. B. Bishop, David frcir statements, "Those interested will no doubt | Mann, John Oliver, F. J. Parmenter, Mr. Ryan, M. | contracts for future delivery, for somenhat alarmed upon being informed rat | Nocho!#0m, Mr. Bernard, Dr. Bejan, and O. 0: Greea- be vices averagiog quite | there is rot the slightest probability of the semi-an- | ¥900- high as the New York and Erle Hailroad. | e or dae: wreen cond Seat te Ae, Zonet ue cemene beat | anal latent on tue inc doe on Coe tt af Jana | 2m Washington ret, betwen River and Second Fin ss cee sail te arg | HZ Behan Fa at Be rae ihe ad. ie hee wana, wl conl reachei at sever: ferent In Adams street, from River street, east, lor | points on, the road at about forty miles distant. These | dend will not be paid, as the credit of the company Main’s aud) Me Bisnaena'e weoceticey Me Tay) i any | stockholsers to make <a contracts, and it was under this impression that the [udson River Railroad Comps- | ny, Hartford and New Haven, the Utica and Schenectady, | Camden and Amboy, and other railrond companies, made tlemen, str to bat from Na pasted long | Mat cir peculiar poeta, they gould atora ts! dciter' a | facue bonds @ Yatarest willbe regularly paid, ther | tet’ machine shopsBlonca & Hitchoock's bel found. | they could tn New York, and’ the very soctuded and | ,i,t00,company oan fod parshasers at any ree: | S72 S00 Dees halt ‘Snlaseds “tio, ome sire sonable dis ,ount. ‘ement mey deem it | eight yo hinge between First and ae difficult situation of the road made the cost of the de- The manag: | livery from New York very eaty—in ‘some places $10 prudent, in consideration of t:.e immense cost of the oad thus far, and im the abeence of sufficient in. | cluding McIntoeh’sand the same number ia First | to $12 per ton. she company, therefore, considered street, below Adams, including the property of Job themselves fortunate in closing & contract for8,000 tons, | come from its earnings, to stop for a time paying | ETOH, : nd ke to be delivvred on the line of the rosd. After making | interest, and wait oxtel to some more im- | 8- Olin and others. makes | efforts with other companies, and ‘ihe then eost of iat | portant point on the line, We find it impossible to anything like » | Diese ea Pettation being fully $70, they recatved from Scranton | ‘The iaeue of the recon @ bonds is statement of the losses su by each of those | oo other & Platt proposition that if the New York and Ede | on , Cone anda half millions of the four pay ye ys n tty of ee nas Geatd, and tract $100,000, to be expended in enlarg ng their works, Fete Ag eget Goat whole oe sidents. A large number were owned tare the valzed at $100,C00, and nee auatasory Pemmost’ secu, | this company will to fifteen millions of dol- bot inrintor thing beer sherbet non sheer neglect. et a | lars, the in‘erest on which will amount annually to ir erection. | rity of gentlemen of known wealth in this city, —- The icsurance, it is believed, will not cover one ‘ould make and deliver ten thousand tons on th $947,000, to which the gross earnings must Of the road, at an average price of $6734. As thia would | reach the imaanes sa of 2,370,000. Tae dividend | arr of the loss, pn save the company in the ocst and’ transportation of | to be paid on theatook on tho let of July proxy The following is the estimated loss of the different tbe iron at least $734 per ton, it was @ atrong in iuce- » drawn almost entirely trom thi ith ¢ at | c mypavies:— Ha ment; but the Board declined the proposition ; but the oller being so much better than was received from any other quarter, being a saving of $60 to $70,000 to the company, several tlemen connected with the ; hei for the company to r the circ Stir ew a | esi ed esha ac "os | Mi interest thelr property, if, on ‘oxemstnation, ‘they reet on the stock. If that does not answer—if t! 7,000 Buch isa elected to do 90. ‘waa explained soon after in the | earnings do not pay one dividend of three per 5.000 | 1854, after foe om Pepers, in the apnouncement of the contract. and the | cent in the year—then drop the whole, aad let 2,500 | such are some of the ye egy 1s fk wig ah or alge Soe and the stock take care of iteelf. The bonds and float- 7,000 | impolitic and unwic bP mo, wes found Fees i aeenyin; | ing debs must be taken care of, ani the interest 5,000 | ple remained slaves, . " , $200,000, tastead of $100,000; and. these gentlemen ob Sumer Dae of See company west Ye declared 6,300 Seating i chi iy and tained from other parties ‘subscriptions for the amount. : ee has tear oaoen: = would have been far sent time, there has not been « ti that they woot at has been able, by increasing abilities, to meek 3,000 Soe of Ba al have readily exch: for the moneys plane orga woh dhe al ge 2.000 | salutary lesson for the advanced, and are still ready to do so. Under the con- | our at is to ahow that the or + 6,000 | serve to confirm the int abont 8,000 tons have been delivered, and as the | dividends on the stock cannot be paid longer 10/000 the ir ¥00 Hrecy, the contract Gow sonnk he Thon Conspany | Withoat adding lar to the Cost of construction, 2,000 | to rebels the tommy W have toade every effort to furnish the whole, ut, the a aay hed yi pg A 3,000 idee of arpa ; [phn aap nak Trig of getting up such worksin |W?! Unisagead, ony) "eo per 12,000 of ey ooh nig if have never stopped © day; cent per annom Legit weld yf dn phon 5,000 | fr the work as fast an they could. They have ware pa ae nee LU «dye 9 hr as as ‘ sf Regia relleoed iron. As’ it required about ¥e,000 tons to finish to the Com- pany have some tons for this work at» cee) of shen, but to it om the line of railroad some $10 more. the time of conn ie Soames. Rosanne, & Fistt, 2 che eae 8 | the political changes on the con‘inent; bat for the ge demand for rails ‘been t the price The contract was made. cholera the travelling We learn, from other sources, that the directors eventa, it attributed vo that cause in the railway company who are special partners,| ie not sufficient to account laborers, to work, at inthe iron company, ware aduaed to make the. ad-| great fuling off, the, come louse, Preference wil be given to Anett- vances 2 much on account » Tk doce 0 wu jRSae TIMANUS. pereantie aflaie might derive Ine fom ts cei eires ie seen Oia , fa tae 13008 of ee mace with the most Vertimates. It was the opinion of the | istendent of the new county buildings, the mansgerent, upon the opening of the road to Bing- now be seen :— hamton, the income to point, for the year i i l 2 . The an tnt ia tet cre igh ot, Bint ms “Gee ‘to for a cttuation in eaten ah oes Sane eet ay |Sae ea ee trorted wha the macngeenent ofthe ennces, chan mee rence sae are peed Gap, Hamiiion ,