The New York Herald Newspaper, September 5, 1854, Page 2

tee THE CENTRAL AMERICAN QUESTION. Wne Policy of the Admioistration—Volce of the Org ion orgae,) Aug. 28 } [From the Boston Post, ( THE ORBNTRAL AMBRICAN QUBSTION. It is understooi that toe waole Central American question is under discussion between our Minister at London, Mr. Buchavan, smi the British Seore- tary, Lord Clarendon. We some what elaborately discussed this question not longago, We traced the process by which Great Britain set up claims in this quarter—1, To the territry about Batize, ia Yucatan; 2, To the Mosquito Snore territory, in- clading San Juan; 3, To the colony he Bay Islands. Tne three sve somewhat disthct as to details, bat arealke as to assumption aod impu- dence. All have their train of events illastrative of British avnexation; and we dem smstrated thea, from British admissions, érawa from origiaal anthoritien, that weaker pretensions qj "The sume of the matter is that under various pre- as occasion served-Great Britain set to nearly the who'e coast from Balize to Much of this claim is of recent 1. Asto Yacstan, all the British claimed, Teast to 1762, was toe priviege of cating in thie provisce and taking it away, an ‘was claimed only over » district two thousand miles square. By a treaty of 1786 this privilege was to about five tnoasand square miles. But — ‘atlas of 1540 it is laid dowa at fourteen Bhousand square miles, and in Martin's British Colonies It ia described as sixty two thousand square or @ surface larger toan all Yucatan. And by time it bad growa from a claim to cut wood to be one of compiete sovereignty. 2. The claim to the Mosquito coast is one of the most cofal fn the anoals of bistory. Nothing can be more disoreditable bare the “nga oped vee a with the Mosquito savages. It was actually ‘an by British buccaneers; is was kept up by British pmugglers; and when Great Britain resolved to take of the country, it huated up a line of le, spree, drunk~ whom Bri- fish anointed as veritable legitimate kings, and bid eee Cs hey eras British verument then alleze it was o! to pro Beot them in thelr claim. ‘Tois ie the Baa Mos. quite protectorate—the titie to San Juan. We Kancw pot where to look for such # chapter of an mi mever were ow wth. at exation. 8. The *Colonyof the Bay Islands” claim is more still These islands, six in number, ae along the coast of Honouras, were claimed as “ dependencies” of Brisa“ colores.” In the first place all the British rights Great B-itain claim- ed, down to 1786, as to Bal'ze, were to cut wood and ther fruit in limits prescribed by treaty; and in 1786 sere oN agreed to evacuate the whole country and ds, and agreed to establish no 80 much for Bulize asa colony. 2, The Mosgany dignities are of more recent in, We need not do more then state that their territory, down to 18l4, was rega ded as spperialaing ; and the latter power was treated with by Great Britain as to its sovereignty. On Honduras conquering her independence the sovereignty of the coast and the islanis went, with the rest of the country, to the repub.ic of Central America. The ia that Great Britain wanted these islands, and 1880 her agents from Balize seizedthem. On the remonstance of the Central American States they restored, but in 1841 they were again ; in 1848 Great Britain conquered them, and has held them ever since. was while Great Britain, under such titles, aimed the whole coast and islands from Balize New Granada, and occupied a large share of that the Clayton-Bulwer treaty of 1850 was In this treaty she agreed to withdraw her of sovereignty over this coast, with perhay understanding that she should retsin her old i Ee cee Hi H local pelice of the “Eternal City” goes on with its detestable work. The Yocesgeemeet the ques- tion 1¢, to our mind, in a The first article of the treaty must operate either to exclude Groat Britain from her occupancy in Central America, or to confirm ber in the possession of what she boaat herself not to occuvy, and be an agreement oa our part that she should remain in pos-essioa, That it was intended to sanction and contirm her occupan- cy, no one bat Lord Palmerston or Lord Clarendon ever could have the impudence to contend. Can it be possible that the United States have re.oguised the rights claimed by Great Britain in that region, | and excluded themselves? Yet that is what Great Britain is claiming today, even while the whig press are crying out that “ Bogiang only wishes to retire gracefully.” We are thankful that there is now an executive at the head of our goveroment who entertains ne Sere aud no sppreheusions when demanding from foreign government! 18 observ. ance nga oe and treaty stipulations, Englaad will be compelled, by this administration, to abaa- don her Mosquito protectorates. in case she does not speedily do it voluntasily.~ President Prerce is bound “to sweep away the network of ou » ag gression, and encroachment which, during the last four‘years of whig imbecility, misrule and corrup- tion, foreign nations have succeeded oly entwining about our young and prosperous ion. Ani it will be done, despite the clamor of w! tionists, and the cynical, peevish complaints of dia- appointed office seekers. e sins of Great Britain, however, in Central America are not alone sins of omirsian; there are ore of commission, and that, too, since the exol je of the convention of 1850, We hava seen that the British government insists that the opera- tion of the treaty was to be prospective, and not re trospective--that Great Britain was bound by it not to give up what she had claimed and protected and exercised dominion over, but that she was only hereafter to do none of these things in other paris of that region. But it so happens that her acts since the treaty was made do not sustain even that con- struction. Look at this new display of Enoglis) fait: om the American continent! A striking exem- plificagion it is of the desire of Great Britain ‘‘to re- tire gracefully!” ‘The treaty was exchanged on the 5th July, 1850. One of the provisions of the first article of it is as followa:— ‘ihe governments of Great Britain and the United States, neither the one nor the other, shall ever occupy, or fortify, or colonize, or assume or exercise any domin: ion over N Costa Rica, the Mosquito coast, or any part of Central America. In two years afterwards, the following proclama- tion was issued from the office of the Britush Colo- nial Secretary of the Balize:— PROCLAMATION, OFFICE OF THE COLONIAL SECRETARY, Batizg, July 17, 1852. This is to"give notice that her gracious Majesty the Queen has been pleased to constitute and make the islands of Ruatan, Bonaca, Utills, Barbaset, Helena and Morat, tobe a colony, to be known and designated as The ‘Colony of the Bay of Islands.’” By command of her Majesty’s superintendent, AUGUSIUS FREDERICK GORE, God save the Queen. Acting Colonial Secretary. ras. What have the whigs and their nominally de- mocratic allies to say to this direct, recent and offen. sive British violation of the treaty? We have seen the designs of the British govern- ment nowhere stated with so much force and truth, and in so strong a light, as in the following extra :t trom a letter written by Hon. George Bancroft, while our Minister to England, to the American Secretary of State, under date of March 9, 1849. Referring, in discussing this very subject of ag; ion in Central ; America, to the ambition of England, he says:— ‘The public mind in England is rapidly coming to the conclusion that this kingdom has too many colonies; that by their excessive number they are burdensome. The opinion is spreading that the Canadas must be irdepen- dent; and if they could exist separately from us, and as Jogwood pri in Balize; and she agreed “ not to oocupy, or fortify, or colonize, or agsume or exersise dominion over Nicaragua, Costa Rica, the Mosq coast, or any part of Central Ame- rica.” Such is the langusge of this treaty. How the Ameriéan negotiator—Mr. Clayton—understood it, may be from a sentence in an official letter of 1850: “She can neither occupy, fortify, or colonize, nor exervise dominion or control in any rt of the Mosquito coast or Central America. 'o attempt todo either of thess Leer fe after the exchange of ratifigations, would ivevitably produce a ry with tht United States. By the terms of me neither party can protect to occupy mor oocupy to protect.” This langaage, both of Papers ‘aud the negotiator of it, would seem to atrong enough. The following British document Yorms a curious | offical comment on this treaty:— PROCLAMATION. OYFICE OF THE DOLONIAL SECRETARY, ) Bau, July 17, 1862. " f This isto give notice that her most Gracious Majesty ovr Queen has been pleased t> constitute aud make the islands of Ruatan, Bonacca, Utilla, Barbarat, Helene Morsh, to be a colony, to te kuown ani designated “Ihe Colony of the Bay islands.” By command of Her Majesty's Superintendent, ‘AUGU-TUS FRED. GORE, Colonial Secretary. God save the Queen. As it is after such proceedings, ani on such claims as these, that Great Britain assumes to in- terfere in the Greytown matter, this whole questioa has assumed a egy importance it never before , and hence facta-in relation to events in hia quarter are of more than ordinary ioterest. In what gpirit. our minister at the Court of St. James will deal with this questicn, may b> ga. Raered from @ short sentence from his instruc- tions,* when he was Secretary of State in 1848, addressed to the American Charge d’ Affairs 20 Central America: ‘‘ Tha iadependence as well as the interests of the natioss on this coatinent require that fA ca maintain a system of policy en- tirely ot from that which prevails in Europe. ‘To suffer any interference on the part of European ernment with the domestic concerns of the rican people, or to permit them to establish Be ¥ coloniés ‘upon this continent, would be to jeo- perl pendence and ruin their interests.” ere is loproe doctrine, and its necessity, put ‘in traly fashion. How this matter will be an administration based on the pria- ciples of the ural may ke safely inferred from it did imthe case of Koszta. It stands pledged before the country to maintain this doctrine, length and breadth; and the Cabinet is composed of states- men who understand tocir whole duty, and know how to perform it. {From the New Hampshire Patriot, (‘The President's seni ‘own,’’} August 30.) VENTRAL AMERICAN QUESTIONS. It was the supposition of the American Senate, when they ratified the Clayton and Bulwer treaty, that they were thereby inaugarating by treaty the great continental doctrine, announced more than a uarter of a century ago by Mr. Monroe, that the ts were no longer open to Euro- ican pean colo! 5 ‘We do not p ro any opiaion as | now to Lal Faye to the wisdom or statesmanship which presiied negotiation of thistreaty. It is enough for that the genius, spirit and courage of did not hover over its councils. The inherits from its federal ancestry un- fiwefor the majesty of monarchy, and con- ‘of the prowess of England. Tt contem- aaa or of European avoided even at the hazard of national the intelligent masses of the republic yo the bows of this hen Shins ant, in our opinion, never wou! ws bees showed to pledge itself, under any clr- se ie a ian ih o merican territory. as ‘will be seen at a glance that the article of the above, required England to withdraw then existing possessions in Central the Mosquito coast and the city she has not done. To this day, America, inciud| Rion. or reoent cases of the alae ore Bary of Foreign Affairs to our government, have an air of firm tion &} over them, which ‘Jeaves no doubt of the fixed purpose of the Eoglish government rot to reti e from any of its possessions mend Protectocaics in the quarter to which we are alludigg, Ror b ees Scmpsle it. Itis a mistake to believe England, as Mr. Everett and other ~~ aigs announce, ‘ only wishes to retire faliy.” ‘Lord Clarendon is govern- different talk. Hi committing his t of fe is ins distarb existing “possessions, but that it was prospective jp its opera- tion, and Senge! new ions; that abe first , in the consideration of his ge vernmert, the fact that Great B:i- taio has and ‘have alliances with, and affords ‘ona may afford protection to, States and people in —— and oe oy two nati yor t oaly ution *orbidaees fiat Gres etal way pi people yore {naian tribes) America, even by force of arms if Z viola‘ing the treaty, provided only » bey in affording such tion, she raat ab. som occupying, foriifying and colonizing, fc; that Proton a aseinnce to8 fe f ~i ferent (] from eul ating anation. Now, British government ts io all this, then the stheir meaning acd it is . of “our mother "be restored. would bave us believe that ® British a upon the soil of Mosquito, and ® Griciah fleet in the harbor of Gre; , is nether © -oocapying” nor “ exercising domicion” over the WMoaquito coast, withia the language of the treaty. Buch a i@ an ingait tw common sense, Ove om ght aa well say that the federal goverament ec +r inane dominion in Wasticgton City, because t «lo ol police there go on with their local duties ; or that the Prenet govyertment of Louis Napoleon ca.colees 50 domiulua wo Rome, Degamae sicre the wers as a | , or colonize | to kind sisting that, tae = Balwer con: | our rival, the number of friends to their emancipation would increase. Yet, with all this tendency to new and more liberal measures, Great Britain often follows her old traditions of policy of aggrandizement. As in the Mediterranean, Gibraltar, Malta and the Icnian isles form her miuitary stations, eo she fianks us by a stro fortress at Halifi weeks to overawe us by another at Bermuda, and now, as we are gain’ greatness in the Pacific, under pretence of protecting the Mosquito tribe of Indians, she has seized the key to the passage of the Pacific by the lake of Nicaragua, and has changed the town. {Correspondence of the Journal of Commer Wasaineron, Any I notice that attempts are made to faux pas of the Greytown affair, by co tiog it with a pending dispute with England, the sub- ject of the Mosquito protectorate. The two taiags d no possible connection, and to make any appar- ent connection was «. after thought. It was found expedient to give the aspect of a national quarrel toa very mean and cowardly transaction, because the public mind of this country is more tolerant of rasbness and imprudence than fof meanness in the management of our foreign affai It is very true, however, that Mr. Buchanan has not been able to persuade the British government to acknowledge the “ Monroe doctrine,” as we under- stand it, and as General Cass expounds it, and to bandon British Honduras and the Bay Islands, ordingly. But, in regard to Greytown and the Mosquito kingdom, the British government has ceased to “ exersise any jurisdiction in virtue of its protectorate,” and they suffered an American com munity, with American interests, to grow up tlere; and if our government chooses to make war | upon that community for the gratification of Mr. Borlana’s caprices and malice, itis no farther the | business of the British government to notice it, thaa | itis of any other government upon whose citizens this unnecessary spolia*ion was committed. it The Cn of the gre preennets, Sal or juito , is nothing more, at present, than’ ‘to protect the Musquito Indians from the op- pressions of Nicaragua. Lord Palmerston refased to relinquish this claim, but offered to make Grey: town a rt, and to relinquish all jurisdiction | there, or in the Musquito kingdom—it being there- | by understood that Nicaragua shoald not extend her jurisdiction over the country. So the matter stood before the administration made Greytown an example of their efficiency for conducting a for war; and_the destruction of} the town does not the least alter the state of the question. Both governments may be d to settle all questions Telative to Central America; but Mr. Buchanan has certainly made no progress in that direction, and as he is coon to come home, at hia own request, it is not probable that he will do so. [Correspondence of the Courier and Enquirer ] T ascertain that an important correspoadence has occurred between Mr. Buchanan and the Brit- | ish Secretary of State for Foreign Affairs. Claren- | don re- asserts the British territorial c!aims on Cea- | tral America, founded on the Mosquito protectorate. Buchanan denies them in two elaborate notes, and demands an unconditional relinquishment of the protectorate. It is understood that our goverment has deter- mined to adopt decisive measures to obtain the | complete evacuation of Central America, as atipu- fated by the Clayton and Bulwer convention, United States Commissioner's Court: Before Geo. W. Morton, Esq. REVOLT IN THE HARROR—COMMITTAL OF THE MU- ‘TINEERS. | Ser. 4.—The United States vs. James McDonald, George Price, Joseph Clark, James Smith and Geo, | Smith—Wm. A. Sands, master of the American ship | John mer ae examined by Mr. James Ridgway, | Assistant District Attorney, deposed that the defend- | ants were part of his crew; shipped them here to ‘0 to Liverpool; the men’s names were called yester- iN (Sunday) snd bd said they would go in tae sbip. Price and Geo. Smith were very insolent, and mid they would rip my guts out; when the steamer came alongside, I ordered the windlass manned; Price said he would not man it, and that he would knock down the first man that attempt ed to raise the anchor; one man attempted to reise the anchor, and George Snith kaocked him down; all the defendants refased individually to raise the anchcror do anything towards getting the ship under a they were very abusive; some men manned the windlass, and with the assistance of the passengers I then went down the bay; the prisoners said, as we were grits dows, Oot the ship should not go to sea, and that they would not go in her; Price put his hand in his m and said he would biow my brains ont; they afterwards shoved me aside and rushed on board the steamboat; I then came to this city for assistance; when I returned we some of the men in irons; Price tried to wring cDonald’s knife out of my hand; and James Smith | swore he would kill me. " The Commameiones committed all the prisoners for trial. ALLEGED ASSAULTS ON BOARD THE SHIP YORK- Decision by (orton. The United States vs. Charis A. Marshall —The prisaner, who wat ic of by a Litas for eon ber ge from* Liver, to’ New-York, fecoharged with several doors under the laws of the United States, committed upon two men, Nicholas Cook and Tnomasa Cotton, being of the crew of said vessel. The offences under the statute which the evidence is offered to prove, are 1,) an aesault with a dangerous weapon and the infliction of cruel and unusual punishment, to wit: by pricking the face of Nicholas Cook with a pen- ru. obcasloas=fogeng witi-"s. rope kicking 101 wi a fim the face, and him to be struck with aa | iron bar—striking with an iron me op And | () striking Thomas Cotton over t ee with a | Joaded cane. Cook was no doubt inbumsnly treated | by some of the inferior officers, who thus far have escaped arrest: and the death of Cook, after the ar- rival of the vessel at New York was caused, as ap- | jae’ by the medical evidence at the Hospital, by Jaries to theekall (inflicted eet the mates), Qua pulmonary a is brutality does | tct gppesr to have been at all ehared ia of brougtt to the knowledge of Capt. Mar and abolt. | These islands are situated inthe Bay of Honda- | name of the town of San Juan de Nicaragua to Grey- | | Thomas Cotton, who, gate Liverpool, for | bundred different individual v] Ceara Upon | tion of cruel and unusual -Agaman by the name of Watson is only witness to tais; testifies to its having been committed some ten on board corroborates e doctor, on the cont }, swears tively that although daily at ma, ’, pricking on face. mt could cant aaa or Li es 8) that before ry a peop igen baie suffered @ mat the exten} cf destroying his entire left hand, which was ip a sling during home Sh ander- quent and active assaults, &c., taken by him under euch circumstances, is not readily to be received. Capteia is also charged with an essault with dangerous seaman by the irops, Captain Capt. Marshall came on |, witness, at the door of the wheelnouse, ex; to Marshall the cause of his being ironed, whereupon Mareball struck him several blows with the loaded end of a cane across the face, dislocating his nose, &c. A sailor by the name of Fulton, who had been turn- ed ashore for incompetency, saye he was, at the time, standing at the stem of the long-boat, at the cut-water, the house forward, and saw strike Cotton three times with a cane on the face. Cotton swears he struck him twice —ooce across the nose, and once on the back of his head. ‘The witness Falton was about 150 feet forward of the wheei-couse: the long boat was stowed amid- sbipe, and, sccording to the evidence for the de- fence, the witness could not have seen the place of the cccurrence aft, unless standing some seven or eight feet away from the stern of the boat, in consequence of intervening obstacles. Two witnesses for the defence, who were aft at the time, disprove any assault by Captain Marshall— identify an ordinary cane of the thickness of the little finger; and one of them describes the face of Cotton, after his affray with the mate, and before Captain Marshall came on » 88 preseating | @ pair of black eyes, and a bruise or cut on the | nose, which, if fractured or dislocated, has, at | this time, “ super visum,” ee its original straight, regular form and jared appearance. Upon the evidence, as now before me, wholly insufficient to commit the prisoner for the of- | fences of an assault with a dangerous weapon, or ma- | liciovsly inflicting cruel and unusual punishment, | either upon Nicholas Cook or Thomas Cotton. Cap- tain Maraball is held under heavy bonds to appear | at the September term, which will not be ted by this decision, and it remains entirely at the op- | ion of the District Attorney, if thinking diff-rently | ged to Capt Arrivals at Sarstogze. FROM NEW YORK. R. F. Ballantine, Mrs J.B. and Miss M. Samp- J. Gibbon, 8 C. eon, D. Crocbron, ne) te ere Simpson L. S. rquire, two . jurlbut asd sures, oe % 'W. W. Lelaad and wife, 3: olomew, g. Yoead and wife, i Mew in |. M. Cooper, J 7 sc . ey ae hs A. H Pemroy, |. Grafton, jr " W. B. Coope, Jr. Miss Grafton, ' Mrs. Jessy; John Towens, Mr. AH. Jeesnp, J. 8. Sullivan, B T. Wheelright and son, W. O'Brien, w.s by seen sk — ry Misa Wheetrig! . D. J. D. Oliver and lady, H Waldron. ¥ROM BROOKLYN. Miss S. 0. Blake, W. W. Stewart and lady. Charles E. Blake, Court of Sessions, Before Hon. Judge beebe. Serr. 4—A number of Grand Jurors, sufficient to constitute a quorum, were not in attendance to day, and the ict Attorney having no cases ready for trial, the court adjourned at am carly hour, FINANCIAL AND COMMERCIAL. MONEY MARKET. Monpay, September 4—6 P. M. ‘There was quite a buoyant market this morning. The advance in prices was general, and the transactions in all the leading fancies unusually large. At the first board Illinois Central bonds advanced 13¢ per cent; Erie bonds, 1871, 136; Erie Income 134; Nicaragua Trausit %; Canton Company %; Cumberland 4; N. Y. Central Railroad 3; Erie Railroad 12{; Harlem 2; Reading Railroad 134; Hud, son Railroad 2. There were more operations for cash than usual. The sudden change in the complexion of the market has undoubtedly astonished the bulls full as much as the bears, and it may lead to purchases which in the end may prove unprofitable. We cannot give any good reason for this improvement in priees, and do not believe it can be sustained. The movement in Nicaragua Transit is attracting some attention. So far it has been very quietly carried on, and no excitement has been creat- ed among holders. Certain parties connected with a rival route have been purchasing Transit stock, in small Jote, go as notto cause any remark until they were sup- plied, but holders are not disposed to sell much at pre- sent prices. The obj-ct of these purshases is clear enough, and they may accomplish it, but prices consi- derably above those now current will have to be paid be- fore much stock can be secured. The advance in Illinois Central bonds has been very rapid, and appears to be well sustained. The effect of the active European demand for this security must be permanent. . After the adjournment of the board, the following sales of stocks and bonds were made at auction by A. H. ard it | Nicolay:— $5,000 Ohio and Mississippi RR., 2d mort. int. added.56% 4 do. do. 54 5,000 Do, 0. ‘ 9,000 N, ¥. and Harlem RR. 1st mort. do. 82% 5.000 Do. do. do. do. 82 1,000 Toledo, Norwalk&Cleveland R. 1st mort.do. 81 5,000 New York and New Haven RR. go. 19% from the Commissioner, or if enabled to procure further evidence, to lay the case before the Grand Jury, which will assemble on Tuesday next. Tne | prisoner is now discharged. Before Richard E. Silwell, Esq. | Sepr. 4.—Jn the matter of John R. Barnard—The | accused was mate of the sbip Minna Scheffer, ‘and was paree with assault with a dangerous weapon. ‘The decision was reserved until this morning, when the Commissioner discharged the prisoner. Superior Court—Special Term. DECISION AS TO THE LIABILITY OF INSURANCE COMPANIES TO TAXATION. | The New York City Insurance Company vs. the Mayor, Aldermen, §¢., of New York.—Hor rman, Justice.—The plaintiffs compose a mutualinsurance | Lg habe A petition was presented to the Board of Supervisors for a remission of three-fifths of the tax, as so much improperly assessed, which was re- fused. The sum of $2,468 54 was paid to the Re- ceiver of Taxes, being two fitths of the amount as acesed, and upon the capital of $200,000. A warrant baving been issuc d for the collection of the res\dae, the present action is commenced to restrain the de fendents from recovering the same—that such tax be stiicken from the asseesment roll, and for geaeral relief. The portions of the ariicles of association, under which the claim of the plaintiffs is made, are as follows:—-By the 8th section ‘‘The capital stock shall be at least $300,000, consisting of premlam notes based u;on applications for insurance, and, in addition thereto, such sum as may be added un- der the provisions of article nine of the charter.” The 9th article provides that the Board of Directors may, according to the provisions of the act aforesaid, ‘act of 1849,) with a cash capital of not less than | 0,000, nor more $200,000, as an additional | security to the insured beyond the funds herein before mentioned, aud may pres:ribe the manner in which euch capital stock bo subscribed, and paid | in for the purpose aforeaid. They may also ia con- | formity to the act aforsaid, determine what interest skall be allowed on said capital, and to what extent the owners sball participate in the profits, and pres- cribe the liability of the owners thereof. This clause is framed under the 2ist section of the act of | April, 1849. Tue articles of association are verified be certificate of thiee persons appoiated by the | mptroller of the State, who state ‘that the com- | pany bas received, and isin the actual possession | of premium notes, based on the applications for in- surance to the full extent requ by the fifth section of the act entitled “An Act to provide for the incorporation of insurance companies,” passed | April 10, 1849, to wit: the amount of $300.00, and | which appli ations are signed by more than one | this the certicate of the Comptroller required by the | eleventh section was given, and the association be- | came only incorporated under that statute. Now the fitth section providing that ‘‘no company formed for the purpoee of doing business of marine, fire, or inland navigation insurance, shall commence busi- | ness, (if located in the city of New York, or in the county of Kings,) until gy have been en- tered Into for aero, ith at least one hundred | pipe the premiums on which, if it be marine, 1 amcunt to three hundred thousand dollars, or if it be fire or inland navigation, shall amount to Lindner hear regia and notes ee recejved in advance for on such 1 Rogatle at the end of, or within twelve months from~ jate hereof, which notes shall be considered a part of the capital stock, and shall be deemed valid, and shall ei oe and b coeaggard id the purpose paying any losses ic accrue, or otherwise. Comparing the ath and twenty-first section of the act, it is plain that the Legislature have defined the premium notes to be given as constituting the main capital, and the cash which may at discretion be raised un- der the 2lst secticn as additional capital merely. By the firet section of the act respecting taxes on corporations, all moneyed or stock corporations de- if 25 Do. Ohio Life Insurance and Trast Company 176% Simeon Draper’s regular auction sale of stocks and bonds will take place at the Merchants’ Exchange to. morrow, Tuesday, at half-past 12 o'clock. ‘The director of the Philadelphia Mint has furnished the annexed statement of the operations of that establish- ment during the month of August, and for the first months of 1854 :— ‘Unrrp States Murr, PHIL.ADRLPmia—ComsaGe AND Deposits. Coinage. First? mo’s | A compavy, incorporated in December, 1852, under | negust. eta, the aot of the 10th of April, 1849. "The nominal | ye Pas crag ital ig $500,000, of which only $200,000 has been | gles See «945,080 —«BY0'EOS paid in, ip cash. The remaining $300,000 consists | ; 156,745 1,005,440 of premium notes de; with the company by | 634 "— "347/634 , | partics applying for insurance, and held as pledges | 118,793 902,786 | against contingent loeses, as hereafter explained. anaes ‘Tbe company was taxed for the year 1853 the sum | $8,208,688 $16,860,575 of $6,171 35, upon @ capital of $500,000. ‘The as- i= 381 sessment roll was delivered to the Receiver of 300,000 Taxes, and the n steps taken to enforce ees, $360,000 8,251 Gold. silv., & copper 17,494,477 _ 8,061,680 Gold bars. 11,477,082 2,146,047 28,911,559 $5 808,836 $34,720,395 '35'879'027 3,975,524 39,854,652 Dooreace, 1854,..... $6,967,467 — $5,194,156 ee ED gma Increage...... coined in August, 1854, The whole number of pieces was 2,131,100,against 4,817,440 the corresponding month of 1653. Of the pieces coined this year 369,590 were gold, 1,440,000 silver, and 821,510 copper. The entire deposits of gold at the Mint fer the first eight months of this and the two past years has been as follows:— f for Eight Months. 1852. 1853. 1854. , $4,216,579 3,010,222 -3,648,5: 2,514,000 802,156 7,583,752 3,982,000 8,091,037 4/851,321 8,379,000 4.345.578 4,365; 8,506,000 6,689,474 4,545,179 4,000,000 193, 3,505,331 3,940,000 .671,563 4,612,000 2,940,000 .. $92,055,598 $87,823,841 $28,476,579 Compared with year there has been a decrease of $9,347,262, and compared with 1852, a decresse of $8,679,019. ‘The warrants entered at the Treasury Department at ‘Washington, on the 1st inst., wer For the redemption of stocks.. Forthe Lie of other Tr For the Customs,..........+ Covered into the Treasury from Customs For the War Department... 98,334 06 For the Interior Department «. «7,818 36 There is much discussion just now respecting the in- adequacy of the supply of coal for the winter. Up to this time the increase of anthracite has been about 600,000 tons; but when it is remembered that the mar- ket opened in the spring with yards absolutely bare, we capnot reasonably hope for a reduction of price in coal this season. Those most familiar with the subject of fuel are astonished. Its new uses and its vast distribution give to the owners of coal stocks and ooal property a confidence they never felt before. We quite concur in the opinion, for the reason that coal cannot be repro. duced—its creation has ceased. The increase in the use of bituminous, particularly Cumberland, goes on with great rapidity, Some time ago the fine estate of the Cumberland Coal Company was mismanaged; we belleve, now, that it is in good hands, and the’company possesses the finest deposit of sem!-bituminous coal on this contl- nent, which is daily increasing in value. Wo are asked to correct an unfounded statement going the rounds of the newspapers respesting the Chesapeake and Ohio $6,972 60 19,070 16 88,228 10 805,936 18 riving ap income or profit from their capital, or oth: erwise, shall be liable to taxation on their capital (LR.8., p. 14); and itis fully settled that com »anies of this description are moneyed corporations. (Ma- tual Ineurance Company ve. Sapervisots of Evie, 4 Comst., p. 45.) I must assume that the form of the notes which is set forth in the complaint, is in ac- cordance with the fifth section of the act, and was considered by the certifiers, although they are not mace payable at the end of, or within, twelve montis. Otherwise I must suppose that the notes, the form of which is given, does not represent the original notes received and certifiedto. At any rate, 1 am bouad to consider that notes answeria; the requisition of the section were received, ai were held when the assessment was made; and then the act Ps pend declares that they form a part of bi ogee J stock. But it is urged that these notes are payable absolutely, but only conditionally, if a loss occurs; and NO profit or income is de- rived from them. The answer is to be found in the definition, by Jastice Gardiner, of what the Legisla- ture means Ae ae in a similar statute, viz., the fund upon which the tion transacts its business, which would be liable to its creditors, and case of insolvency, pass toa receiver? (4 Com- The nineteenth section x 48. of, the statute, dec! avee that notes taken in absence of” Canal, andits beingdry. If there had been any truth in the report of the canal being dry, the boats of the Cum- berland Company are very extraordinary boats, as they have brought down on the canal daily an average of 400 tons for the last two months. Ata meeting held yesterday the following resolutions wire adopted :— Resolved, 1. That the stockholters of the Parker Vein Coal Company have foll confidence in the present dizec- tion, snd do hereby authorize them to make the best arrangement they cain in regard to the over-issue or over-draft of stock through the account of 0. P. Jewett. That the directors are hereby authorized to provide for the ext: ishment of the stock above the amouat re cogvised by the ciarter, eltter sellit sets retire the ‘k, or by application the Maryland for a reduction of the par value of or ip any way best calculated ‘0 ettain that end. 2 That the directors are hereby authorized to use the assets of the company to liquidate or arrange the float- ing debt of the company. $ ‘That the directors or trustees are recommended to open the transfer books of the company. 1d by the committee: — Z SEP SLANCHER, T KEICHAM, J. C. @ 5 JO EPH BRANDON, B. H. TALLMADGE, WM. SEYMOUR, Jr. ‘Theré were 70,027 votes polled-allin the affirmative on the first two resolutions, and 62,512 votes in the affir- m3 under the act, are not to be considered as debts of ining whether nestiona raised in the dismissed, with costa, RatLRoap Consonipation.—Acoording to pre vious notice, a meetiog of the jae =p of the Ctucinbatiand C andthe Cinctanati, oo = and Chicago road companics, was held at jewcastie, Indiana, on Thursday last, to consider the propriety of consolidating the two ard after a free and full discussion in regard to beats cenmeareae 9 i upon the question, and upw: rt fear hundred votes were cast in favor of consollda: “mative on the third: ‘The annexed statement exhibits the quantity and value of certain articles exported from this port during the week ending and including Friday, Sept. 1, 1864, distinguishing the destination ani extent of shipmonts to each place: ComMERCE OF THE Popt or New York—Wascry Exronra, Cotton, bales. 1,268 $60,880 cs. 6 $076 Letra Soriaas “Se'se8 Lectieoasheda 235 9378 Tallo' 3,798 Oars........4,788 2,066 8T2 woods,tons 5 260 as Cedar logs... 262 300 ss ondedisgnanatege give.rat @LI8,T BATES... sss sssevssseecesseeeesees cree 116,660 $4,980 OADIA. 1 (WTS sceveenseeeveeceeeenenreaseenses 6/000 1,406 LONDOS. 200 ‘an Pare Tae 1030 1,260 bbls... 83 am pesca te 1,908 Bersayrapibisis 588 $53,080 Rosin, bbls...1,190 1 2,300 Horn sps,lbs11,866 590 ss ts, cke 8 655 1,000 10,764 Sta 500 Cotton, bales1,709 Corn, Bush,,.'100 bbis.... 140 BRITIEH WEST Flour, bbis.. 647 $6,770 ‘bush... 778 "728 Cornmeal, bis. 54 268 Beef, bbis.&ts 7 155 Shoes, Pork, bbls... 187 1,754 90 "853 IRITISH NOBTH AMERICAN COLONIES. $4,609 Coffee, bbls... 630 5138 Piotas 330 ures, bxs. 150 6,625 Varni 70 Tea, 1,784 Staves, 4,610 ‘lobacco,Ibs 18,619 2,436 eaten Rosin, bbls...’ 260 Total..sese o0400927,707 CUBA. Jewelry, cs... 1 $2,462 Pack yarn, ro. 30 $253 Rice, tierces.. 25 647 Varnish, bbls. 10 745 Lard, Ibs,..82,025 8,410 170 Whale oil, gal. 480 327 189 Mach’ry, pes. 818 1,997 299 I. pipes, bdls. 75 — '656 170 13 54 248 35 88 , 1,519 210 8,761 Matches, ca... 5 "245 - '983 Shooks,hhd..7,121 10,853 , bbl 12. _ 170 Other articles — ‘552 Heops, bala.i,361 "1,179 — Corn mills 6 "160 Totel.......+++4430,922 Beef, bbls Tea, chest Wine, casks.. 145 Candles, bxs. 60 Rosin, Bbls... 200 easy, a bx 16 ir, ft.12,000 Prity 1,155 8,683 ca Lam Brandy, pipes. 13 $3,444 Bardwecs, bas: : 3 6 Potatoes, bbls. 56 146 Provisions, do. 41 264 Fish, cases.... 12 80 Lardoil. gals.. 504 1,298 Butter, Ibs. ..1,869 1223 Lard, iba... 8,186 870 Boxes, casei 186 800 Drugs: 495 Totals. sccescss seer sereeseeece seseerecerees $23,217 Butter, Ibs... 782 938 Crackers, bxs, 80 98 Oakum, bis... 25 H’dware, bxs. 30 Total.... 115 459 lit 8B 7 215 58 263 1,153 15281 310 = wesseusee~s $18,188 Flour, bbls... 660 $6,856 Tobacto, Ibs.1,180 $202 Corn meal... 260 1,110 I.R goods,bx’ 10 794 Crackers, bxs. 170 818 besseese 98 OB Corn, bush. .1,846 91 Tobacco, hhis 3 366 Pork, bbls ...'108 1,278 Copper still.. 1 347 ere | brs. 400 1,278 249 Carte&harn’s 6 246 70 Furnit’e, bdls 100 318 180 Soap, bx 259 529 Shot, ke 1 112 Oil meal, 620 1m Ookas:t bo 200 Lard gals. 62 2,086 Boards, ft...4,200 122 4368 ‘Tbstonesbx. 8 112 155 Other — 50 58 palblirned Comiaaranaamsavon cess anes: ea 200 $8,205 Cotton, bales. ,205 Saltp., bags.. 800 $3,216 me R.g’ds, bx x ie a tg a 160 Dog 3 BBO Stawee’.. «28,000 Rosin, Cotton, bales. 477 $20,783 Tea cloths... 80 4,500 Cotton, bales. 135 $5,928 Rosia, bbls .1,502 $3,114 Lard, Ivs,..30,000 2,258 Staves.......6,000 435 Logw’d, poa.8543 1,888 —- P.ashes, bbls. 48 1/246» Total..........-.814,320 Hayti... Danish Weat Indies. . Venezuela....... Brazil. 2 16,24 Total value of mdse. exported week Sept. Ist, 1854 Te do speci se eeee ee $1,668,177 of merchandise ex ported seems to decrease, while the shipments of specie increase. Last week only $618,795 worth of merchanilise was exported, sgainst an importation of foreign goodg valued at $5,008,864. Of the balance against us on our foreign trade in merchandise, $1,039,382 was wiped out by shipments of specie, leaving still a balance against us of more than three million of dollars in the foreign trade of one week. The annexed statement exhibits the average daily movement in the leading departments of the banks in this city, for the week ending Saturday morning, Sept. New Yorx Crry Barks. 2, 1864:— Loa Epes Circ'lat'n. Dyesion, 646 4,628 330 61: ns. Am. Exchange $4,781,876 Atlantic. 1 546 Banks, ‘ 307,597 21,067 100,488 ‘288,769 62! 100,: ‘111,245 4,181,235 108,718 158,148 90,582 808,551 210,277 1,938,106 468,024 2,866,207 95,688 "607.710 109,880 800,364 $96,276 8,182,741 iif ees Hit is 901,801,168 14,714,618 8,064,082 72,650,18T Cuxaniwa Hovam Tramsacrions. a week - 2B .....8 New Youu Crrr Bares. souiata $0,000,100 913 47a, 7,817,068 esas “i tenan 748,729 9,988,543 nae 60,885,363 pebaugeseneases SESSHESSSESIESEE paar BS 382 j3,834,568 1,457,015 78,731,379 91,391,188 72,856,727 There appears to have been some more important changes than usual in the sta‘cment for the week jast closed, compared with that fo: ihe week previous. The line of discoun’s shows a dec:ease of $65,887 ; deposits, $874,452 ; while the circulation shows an increase of $123,263 ; and specie on hand, $319,546. The increase in amount of specie ov hand is somewhat extraordinary in the face of the heavy weekly shipments. We shall havea couple of California steamers along before the banks make ano‘her weekly statement, with between one and two millions of gqld dust. The department of discounts shows a uniformity of movement, which, in these times, is calculated to strengthen the banks and actas a salutary check upon commercial matters. A serious contraction would be injudicious, if not dangerous, Stock Exohange. ep aye $4000 Ohio 6’s ’60.83 106 20shs NY CRR. 03 88: 14000 Erie 24 Mtg Bs 93 150 do......b30 88: 1000 do... 40 Mich South’p KR 90 84.N In iJ 5 108 28 108 20 “ 385 84 465 835% 100 8835 100 33 120 82 400 33, 33) 68 cc Bx 39 c 38 BECOND BOARD. 68 iy 82 32 82 if SS228 RRR KR DSTUFFS.—Flour was essentially unchanged. rales embraced 4,700 bls. —common to choice Stat $0.60. $10 12%; common to fancy Western, at #0 = ; and extra grades, at 0: $11 26; with 3; Dols, Southern at Saturday's quotations, 46 bole 8 a sey cornmeal brought $4 31, buyers. The transactions one 700 bushela Genesee belie Fa $2123¢; 8, Sout and 400 fouthern red, at $1 87. about the same. Corn was bi The operations amoun'ed to 128,000 bushels, 85 34c. for Western mixed, and 78¢. a 81; ote tata 6,000 bushels barley 960. ashe! Brxswax.—About 1,000 Ibs. yellow were sold at 200. CorrEn.—Sales of 1,000 bags were 10%. » 1136 , and 180 do. low of in this market is about 19,000 CorTon.—The market was unsettled by the news of annexed quotations, The Board Liters’ giving ofta annex 5 itnerto reports bas been dissolved. ¥ = Classi; 88IK not very ive mackerel, which were held at $18 for No. 1; $14.0 $14.68 for No. 2, and $8 fcr No. 3, per bbl. Ni curred in ing. Free rates to Havre, which were at 3c. for cotten, aad $6 a 06 for shes, ‘To California rates were dull at dc. w 406, T Australia Bian was absut full at 450. 0 50e. hdd see Hay.—About 600 bales were sold at 700, « 75e. Hors were nest, at 32e a good to ne, of last year's grout, per Ib, re nox —The market was steady at $30 e $41 per ton for Scotch pig. Lavan stkastern were more sought after, at $187 o $1 983;. Ling. —Rockland wan quoted quiet, at 90¢. for common, and $118 for lamp, per bbl. y Morasszs.—ihe sales embraced 84 hhds. Museovade for distilling, at 24e., and 30 do. Porto Rico at 28¢. Navat Srokss —Cales of 1,000 bbls rosin were made, 87. Spirits were dull at Sie. » 6: ~ Jona active for whale end rakd firm. Olive was purchased to the Fea coaiy ct see, ‘i 4 }) & 800, gallor. Lard was ms nf —Pork Uttle; the ates ‘700 bbls. a tnt for mens, and $11 25 2 $16 60 for per bbl. Cut meats ruled quiet, owing to thelr seareity and enbanced value. 460 bola. lard hands at 11%c. @11}go per lb. There were 166 Oe eee We can notice nothieg 5 alow soars do New Orleans sold at e., with 35. bhts, tot at 5 7 —The were 2 nett the : market was quiet, thongh prices 'OBA0CO.. hands. ace LT Pd noticed zales of 30 Kentucky leat Warsxey —Sales were reported of 400 bbls. Ohio and Tene S90. 4 8030, Onch, with 76 bhis, drudge, at per gallon,