The New York Herald Newspaper, March 12, 1855, Page 3

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

” gults bave followed from these attempts to reclaim a Law—Town and County Electionsn—New Hampehire— A New History of Massachusetta—Statistics of Insanity ~ and Idiocy— The School for Idiote—Tne Gardner Slan- er—Rise of Railroad Fares—Death of Rev. Mr. Gray—New Block—Chapman’s Illness—Births and Death in Massachusetts—Mediation Courts—The Milt- tia—The Weather, dc., dc, An attempt was made in the Senate the other day, ‘to take a step that should indicate the intention of the Legislature to rid us of its presence some time toward ‘the close of May, or early in June; but the proposition was ‘tabled,’”’ and probably will continue so. From present appearances, I should say that the session is likely to exten4 to July, though by rushing work during rthe last days, alittle time may be saved by a largo @acrifice of clearness of action and of languege. As ‘the wages of members bave been raised to $3 per day, and as there are about 430 members—including couacil- Jors—the weekly salaries amount to about $9,000, ant the other expenses must run ‘he whole bill up to almost 10,000. If the “ Americans’? don’t look out, they will have an aggregate sum against them that will make even their legislation look costly. The new anti-rum law, which passed the Senate sub-silentio, was taken up in the House on the 8th, and created not a little of that animation whish genergly flows from the introduction of rum into “mixed companies. Mr. Huntisgton, of North- smpton, one of the two able lawyers who hold venta in the House, and who is Chairman of the Judiciary Committee, proposed almost two score of amendments, a!) calculated to make the bill work, which is more than many think it will do, if it shall pass as at came from the Senate, The debate was principally confined to original nativ: lerce, Vi and others of that class—men of large expectations and small pros- ects. Mr. Vose was so irreverent as to call the fev. dwin Thompson ‘the little curly-neaded jox-r,”’ the said * little joker” being # remarkably busy mem ver of the lobby in behalf of ail anti-liquor laws, “The retat merits of sweet cider and , a8 Bauce for prnaces, were discussed ina very gnostis manner, Mr. Slonroe poke very sensibly ax to the best way of sunpressing ropeeries Mr. Pierce’s oratory showed that the 3t sto t no! by his having been cur out of the govern- py fiz. Gardner, through the moy of Barlin: ‘The debate was not resumed yesterday. All ideas of the bill not Passiog are now abandoned, and even the word ‘ veto”’ is hardly ever mentioned in cn nection with the subject. The county aod town elections, held this week. were not altogether #0 favorable to the American party as ‘they might have been. In several Beoes they were ‘beaten on test questions, even where they carried their officers. This was the case in Fitchburg, where they elected their candidates for most offices, but were ‘“ dou- bled up” in the most impressive manner when th undertook to accomplish certain other things could not muster even 200 votes So it waa in se other towns. They have become altogether too proscrip- tive, and seem bent upon carry! party politica into matters that even the whiga and the cemocrats never dreamed of connecting with them. In Miadlesex county the contest for treasurer bids fair to be close between Mr. Buttrick, the citizens’ candidate, and Mr. Stoae, the Know Nothing nominee. Most of the towns voted on Monday last, and, so far as I have been able to get at the returns, there isa small jority in favor of the former, Lowell, Cambritge, Charlestown, Concord, and ne or two other — containing more than two- fifths of the population of the county, have yet to vote. accounts from New Hampshire show that the war ing there in the mont intense fashion, and that if ly shall not be badly beaten onthe 13th, it will not be forthe want of hard words and harder blows. Mr. Burke yredicts, in the most emphatic lanzu ge, that the administration party will be beaten both in the elec- tion for senators and councillors; that they will not elect more than one hundred members of the House, and that the popular majority against them will not be less than 6,000, and may reach to 15,000. This is the opin- icn of & man who knows New Hampshire as well ‘one can know it. I have heard the opinion expressed that the loss of New Hamprhire would kill the Presi- Gent; that as he is now politically dead as Mr. Tyler, such an occurrence would ‘kill him dead” as Gonert m. But I think he is made of tougher stutf than to a ot Cage returns, lev. Barry, basin press a history of Colonial Massachusetts, and in engazed on another work illus- trative of our annals, e two works, in fact, ara one, though not forms!ly connected. He {a sald to have had many new materials from which to write his work. A vali book is expected, and one thatiis very much The report of the Commissioners on the Insane in this State was made to the Legislature on the 7th inst. It is fall of facts, melancholy enough, showing a great in- crease of idiocy and insanity here since the census of 1860 was taken. The whole numer of lunatics is 2,632, The is somel of whom S63. are natives, and 626 foreigners, Of theas lunatics, 1522 are paupers, and 1,110 have means of Buy Of the é, 820 are maintained by the pport pers, towns, and 693 by the state, The idiots all but 44 being natives, and 417 pau; 1,848 persons in the insane hospitals, 780. being natives ond 508 foreigners. A third is recom nended by the commissioners, who also urge the rebuilding of the hospital at Worcester on a site, and the sale of the sent building ana the Inud attecked tn it of 1560 shoved that there were then 1,680 lu: d 791 idiots in Massachusetts. The increase ia ‘The report of the trustees of the Maseachusetts school for idiots shows that the usefulness of that institution is lessened tn consequence of a lack of funds. This school was established in 1848, since which time 114 pu- ils have been admitted, 41 of whom still remain in it. 4 the accommodations been more ample, more would have been admitted, as applications were made that could not be allowed. The State allows $5,000 for the maintenance of thirty pupils, but this is not sufficient, now that prices are so much higher tkan they were seven years ae. Last year the total in- come of the school was $6, and the total expenditures were $7,133. Dr. Howe offors bis valuable services gratuitously. In most cases very striking re- ber 1,087 — ‘There ar+ elass which, until within » rer, recent period, have been looked upon as being without the pale of hope. In some few instances all teaching has been useless, ae LA te to open & xample has followed by New York and Pennsylvania, and she has been outdone by them. The murder rated at Gardner, Worcester county, on the night of the Oth, is ene of those shocking trage- per tn which we have had so many in this State, not- withstanding the liberal exertions of ‘ the dog doctor’ with the issue cord—the and the gallows rope—in'eadeavoring to remove the peccant humors of society. Murders in Massachusetts, of late years, either come in couples, or are attended with circumstances that render of marked account, from their effect on fe opinion. ‘The Natick murder, by Carey, was of a his wife. The Sherborn murder was of Mr. Cozens ; and Mrs. Cozzena escaped only by # miracle, as it seems. The parties in the Parkman tragedy, and its incidents, made it of vast interest. Now we have another act of assassination, compound in its character. ‘The murderer is supposed to have been actuated by a desire for plunder; but, as the old ladies were poor— even paupera—he got nothing for his crime. Iam told that a forrigner, who had been arrested on suspicion, bas been discharged, there being no evidence that he was the murderer. The murdered women were sisters of the late Abner Kneeland. ‘There is » good deal of feeling manifested in some of the adjoining towns against the direstors of those rail- road companies which bave raised the price of season tickets; and in one or two places br. Swift, the Presi- dent of the Fitchburg Company, was erred as Mr Dougias was last winter—burned in effigy. I do not ink that will be convinced that he was in error by any such light aa that. 1 am of opinion that the raising of fares was not a wise movement, but it is Laan 4 wo hear the directors cenouncd by men who screw their tenants out of the last dollar they have in the world, and who think that they themselves never should pay for anything more than is convenient, There is muc! ‘talk aboct constracting a horse railroad from Waltham to Boston, but I inclined to the opinion that the horses destined to draw the carson that road have not qet been begotten. People threaten a great deal when Ref are bee 4 but they settle down quietly enough at ‘The le railroad system has ‘misma: in this State, and pew directors have to suifer from errors of their predecesrors. Whether they have adopted the wisest means to get over the troubles that ji ae im their paths, it will take a year or two to jecide. Rev. Frederick T. Gray died yesterday morning at the of fifty one, of a disease of the stomach, so severe thet for about a month he had been able to take no food ice-cream. He y except a little ice and for thirteen years was connected #treet church. He ona religions mission. He was a strong friend of Sab- schools, a very successful worker he Lord's @ man SE practical benevolence. n verely feit. A new biock of buildings, four stories high, ia to be erected on the site of Niles’ stables, on Se! atreet. Three stories will be used as lawyer's ollices, ani the building will be called Barrister’s Hall. It is to be of Branite, with mastic fronts. Parker's new hotel is going rapidly a head. = Apman, young man who is charged with havi: committed the mardes of Mr, Cozzens, at Sherborn, ‘S Middlerex county, and who was once tried on that charge without the) ury being atle to agree on a ver dict, wil probably never be tried ae beis sick unto death, of consumption, and m soon be summoned to appesr before the Ligbest of ll tribunals, Cha is a mere boy, and he is fortunate in able to es- ‘cape by a lees odious form of death, as but tertained of his conviction on a second trial. On is trial at Cambridge the jury stood eleven to one, and ‘that ove had conscientious scruples against hanging peo- ple on any account. ber of deaths in Massachusetts in 1853 was 201: males, 9,942; females, 10,210; sex not stated, . This was an increase he previous year of 1,819. ‘The number of births was 30 920: males, 15,798; females, 14,965; mr not stated, fe oe oe Dirths, 16,046 ‘were of native ; foreign parentage; of mixed parentage 1,404; unknown, 1,008" creaae in one year was 1,118; in two years, 2,239; The excess of over deaths was 10,319—a handsome balance to the side of life. Mr. Choate is quite ill, at Dedham, where he went to SS ee he was one of the ou! A bill bas been reported to our ture to estab. Ush Courts of Mediation, whieh ha of sever! causes of action, such as slander, breach of vo A i 4 e lew. convicts in our State ur Prison, being the mame of John Nevill has been arrested i i k A Ht to—is still before fearing ad pte ngeteet the proposed changes. The 8 apecc! able one. ih was a very , The weather is I the wind is high and ble snow on the grouad in ge. There is the country that fell last night. ALGOMA. Tr 4 cold FINANCIAL AND COMMER CI. MONEY MARKET. Bunpay, March 11—¢ P.M. Nothing of importarce bas travapired in tho | stock market during the past week. Money con- tinues exceedingly abundant, and we do not per ceive apy increase in the demand. steadily but gradually extending their line of dis counts, and in the street five per cent is the highsst rate paid for loans on call, Any amount can be ob tained at that rate, and the brokers are daily | besieged with offersto lend. Fancy etocks, with one or two exceptions, have not improved much in mar ket value. The easy money market has notoperated 80 favorably upon speculation as anticipated, a> ithe brokers have not been able to attract the wtteution | of @ new olasa of buyers. Wall street, and have not forgotten tue way they were squeezed last fall. In view of the position and prospects of the numerous railroad fancies, they a high enough. Reading is, perhaps, an exception; and events have recently occurred in the affairs of that company which place its stock ina position very different from that {t has heretofore occupied, Some weeks since we anticipated the rise which has since been realized; and a8 old prejudices | egainst the stock as a fluctuating fancy wear off, it will be sought after for investment by those who have abused it the most. We have not beard much during the past day or two about the Cumberland dividend, but believe it has not been abandoned. It is the impression that the vext bank retarns will show a reduction in the specie department. The shipments cf precious metals last week were large, 88 arpears by the annexed atatement:— SHIPMENTS OF Spxctx FROM THK PoRT O¥ New York. Brig Elmier, Rio Janeiro Speci $1,562 53 Steamship Baltic, Liverppool, Am. gold... 279,600 00 Do, do. Phil gola 733,389 48 Do. do. Cal. 00. 72,374 00 Do. do. 48,150 00 Do. do. 2,648 10 Do. do. 2A8 46 Meson Louis, Havre, 837,470 00 . do, 12,000 00 Total for the week. 1,488,490 56 Previously....,. 2)290,539 14 steno teeter reese. 3,779,029 70 The bills to re-charter the Mount Holly and Cam- berland banks, and to charter the Farmers’ and Mechanica’ Bark at Camden, have been defeated in the House of Representatives of New Jersey, by a very decided majerity. The charter of the Mount Holly Bank will expire in a few weeks. The Auditor of the State of Kentucky gives notice that he will redeem the five, ten and twenty dollar bills on the Newport Safety Fund Bank as far as the meara in his hands willenabls him todo so. Before Sny notes were countersigned by him, bonds of the State of Kentuzky tothe amount of $25,000, and mortgages on real estate in Crawford county, were placed in his hands to secure them. Tae money for which these mortgages were given is not yet due. Books for subscription to the capital stock of the New York and Virginia Coa! and Iron Company are Bow open at the office, No. 7 Jauncey Court. Tae company own ten thousand acres of anthracite coal lands in Augusta cunty, Virginia, and for mining coal and manufacturing iron the locality is said to be unsurpassed. The coal veins, as well as the iron, are water-free, from three to ten feet thick and are exposed on the land for miles. The Ma- nassas railroad at present terminates within fifteen miles of the coal field, and the Virginia Central road terminetes at a distance of eighteen miles. It thus appears that, with an extension of these works, an outlet will be formed for this coal and iron to all the eastern markets. The consumption of coal in the immediate vicinity of the company’s property is very large and rapidly increasing. It is pro- nounced by practical geologists to be one of the beat ccal and iron flelds in the United Sta‘es. all this ie so suscept!ble of proof that the wisest course for capitalista to pursue, before subscribing to this stock, is to send a suitable person to the company’s property, and govern themseives by his report. The expense of doing so would be trifling, and the result satisfactory under any circumstances. It his report should be favorable, they wou'd take hold understandingly and confidently ; if not, they would lore nothing but the trifling travelling expenses. If capitalists would take such a course before in- volving themselves in speculations, we should not hesr so much about loszes and disappointments, Bubscriptions to this stock tothe amount of two hundred and fifty thousand dollars only will be re- ceived. The following is the bill relative to the taxes of non-residenta, which bas passed the Legislature of this State:— An act amendatory of the acts for the’assessment and collection of taxes. The people of the State of New York, represented in Serate and Assembly, do enact as follows: — See 1. All ‘and associations doing business in iew York, as merchants, bancers or other- rs, whether # cial aid business, the same as if they were residents of this State, and said taxes shall be coliected from the pro- perty of the firms, persons or associations to which they severally belong. fec, 2, This act shall take effect immediately. It is expected that the dividend of the Philadel- phia, Wilmington and Baltimore Railroad Company wili be ten per cent, payable in stock of the com- pany, which would probably be worth $3 to $3 50 per share, in cash. The annexed statement exhibits the quantity and veloe of all the foreign goods imported into the port of Boston, for the week ending Saturday, March 10 :-- Commence OF THE Port or Tho Value. $443 1,548 54897 Need 2199 10,827 Bostos —Weexiy Inrowrs. ‘kgs. Value. 445 3,748 104 1,086 and picts, 13,008 Molasses, has, tres kbbls.1,002 Cuts, bags... "250 potash, cks. 2 Feathers, bgs, 635 Fish— Bake, tierces. 50 00 Alewiven, bbls 280 924 Potatoes, bs 1,810 Mackerel bbs2,104° 16,278 Plaster, tons. 160 Salmon, bbls. "128 2/125 Pimento, bgs. 118 Herring, bbls. 479 1,681 Haltp’tr, bgs. 1,200 Gunny "cloth Shellac, cases. 152 and bags... — 27,686 Skina,tnd,bls. 10 Ginger, bags. 100 "673 Spitita— Guano, tons. 690 776 Whiskey, cks. 3 392 Giaes, abee' Sugar— yol'd, boxes 12 923. “White, boxes, 12 205 Grapes, kega, 4 82 Brown, boxes 215 3,141 Hides & skins, Pape P. Hemp yn win, 06 Ravens dk.bls 40 Cordage, cls. 2,656 Iron ond rteel, and man- ufactures of — Tron, tons.... 68 5,710 Btesl, ewt.... 19 a aps. Other articles Wi iovdiescdiscvevbecceses freee ‘The summary manner in wich the tariff was dis Foeed of at tee clone of tbe recent soasion M Con: , tective party was tp power, which, with the cutsids 9644437 are shy of | | both parties went to work tinkering it,to re Tho banks are | | Imports, Exrorts ax» Bank Crecu.ation ov rax Unirep | little to do with the imports. | course bad nothing to do with it. The governmen: NEW YORK HERALD, MONDAY, MARCH 12, 1855. Our Boston Correspondence. . oe exceeding $100. It u to bo 8 court greas, bas “ot dampensd in the least the friends and advocates of “ree trade, and they do not despair of ultimately accotpplishing the object they have so long bad in view. The bill, as it passed the House of Representatives, had many imperfections, and ‘was not, on tbe whole, such a. measure as the coun- try at large desires. It retained all tho defects or the present system, and mado es general redaction in the rate of duty by lowering the scale. The pro- | babllity is, that upon the meo‘ing of the next Con- grees, the tariff will be taken up,and such aliera- | tions adopted as may at that tims be deemed most proper. During the past fifty years, thie has been the subject of a vast deal of legislation, ard we ap- pear to be about as far from the trne system as ever. We have had half a dozen tariffs—about one-half revenue and the other half protective. Whenevar | any revulsion in the commercial effsirs of the coun: | try occurred, it was all attributed t» the tariff pad | existing evils. Atone time it was thought a high | tariff was pecesssry, and at another time thata | rovenue tariff was necessary to remove all difficulties, ond bring back prosperity to every laterest at ouce. In 1816 @ protective tar'ff was adopted, for th 1a pese of continuing to the maunfactnrers a protection equal to that enjoyed duiing the wer. Tho opera tions of this system waa not at all calcalstod t> io sw @ permanency iu our internal commercial affairs ‘Lhe second yeer after the opening of our forsiga trade, after the embargo avd war of 1812, we nad en importatior of $99,250,000, against an ex sortation of $87,671,569. In 1818 the imports vere valaed at $121 760,000, agaicet an exportation of $50 976,838. ‘This greet expavsion if our foreiga trade brought about a revulsion, aad in 1819 we liad pretty blas times. This depieasion lasted for several years, and after two or three revivals, finally settied down into complete prostration. During that time the | mabnulacturing interest was contlunall applying to | Congress for more protection. In 1824 Congress could no longer resist the ontside pressure, aad a new tariff bill was passed, still more protestive in its | provisiors than that of 1816, and for a time the im- | portations were considerably redued. From 1816 | to 1819 there was a great expansion in the paper | currency of the country, and speculation was carried | on actively forthe time. The annexed statemens | of imports, exporta aod bank cirou'ation during that time will show how they moved together:— Stara | Imports. Exports. Bank Circula’tn, | : - _- 28,100,000 = ae 45,500,000 | = ~_ 63,000,000 | 99,260,000 87,671,569 pasty 21,750,000 93,281,133 -| 87,126,000 70,142'621 al 74}450,000 69,601,069 44,303,344 It will be seen by this that daring the embargo and the war the paper currency of the country was rapidly expanding, ao that in 1816 it had become largely in- flated. This, with peace, gave a great impetus to epeculaticn, and in 1819 a collapse suddenly oc- curred in commercial affairs. A contraction in the currency created cozsiderable depression in trade, end for several years the pressure was severe, with occasional revivals. The manufactarera suffered seriously, with every other interest, and, as we have | before remarked, they turned their attention to a higher tariff, as a sovereign remedy for all their losses, and as a guaranty of future pros, perity. The tariff of 1824 must therefore be put down as the manufacturers’ tariff. Simal- tenecus with the adoption cf the new tariff, the banks extended their operations, and the imports. | tions increased, notwithstanding the increased rates | of duty. The manufacturers at thattime did notun- | derstand much about the operations of ths currency uyon the foreign trade, and they must have been | much astonished to have sesn an additional impor. tation under a higher tariff. The first year of the rew tariff—1825—sbowed an increase in imports from $80,549,007 to $96,340,075. The enlarged bank- ing movement did not last long, and the contraction cemmeneed in 1827, wien the impor's fell off again to $79,484,068. In the mids; of the depression, the terift was again agitated, and it then, tor the firs: time, entered into the political creeds of the day. 1 became a party question, and the prote:tive party in Congress being the strongest, the tariff of 152 contained stronger protective features than eith: of ita predecessors. This we cal! the politicisa tariff; and this questicn has since entered mors o leas into the political movements of the two parties. In 1832 it was a very important element in the con- test, and threatened at one time the dis>lation of the Union. The excitement at that time was so great, aud the two parties so equa'ly di- vided, that @ compromise was agreed upon, and a tariff, having ten years to run, with en annual reduction in the rate of duty, was adopt ed, That tariff having a fixed time for ‘its con‘ tinuance, or rather being so fixed that at the end of ten years the rate of duty should in no instancs be above twenty per cent, quiet was restored upon this point, and for a time it was separated from the other political elements of the day. The sliding scale, spread over such @ period, was very gra dual, and ail interests became reconciled and gra- duated to it. In 1830 another expansion of the paper currency of the country commenced; with it commenced rapid expaosion of our foreign trade, as will be | seen by the annexed statement:— Iuront, Exronts axp Baxxixg Movawmyt oF tus | NITED STATE, ._ Imports. 1898, 70,876,920 1831, 108,191,124 1832, 101,020,266 | 1883; 108}118) 311 } 1834, 21,3 1836 149,895,742 | 159/980, 036 Tt 1s well known what followed this enormous ia- | fiation. The great increase in importations was in | the erly part of the compromise act, when the average rate of duty was but « little less than under | the highest protective tariff we ever had. In 1436 the compromise act bad been in operation bat four years, leaving six years to run before it reached the lowest points, #0 that the duties mast have ranged pretty high. In 1837 the revulsion came, and every | interest was suddenly prostrated. The bank re turns for 1838 show that the contraction in credita bad commenced, and continaed from that time un. 1] the expiration of the compromise act :— Barking Movemmet axp Formos Taapa ov tux Usiran | State. Imports. Expos, | 117,419,976 118,717,404 — 108,486 616 162,002)192 121,028,416 107,141,619 132,046,046 127,946,177 121,861,803 | 100,102,087 = 104,691,094 | Under a contraction in the bank movement, while the rate rate of duty on imports was sonually de creasing, the imports were falliog off. This shows pretty clearly that the rate of duty has actually very Under high rates, | with sn expanding currency, the importations show @ rapid increase, while under low rates, with a cot tracting currency, the importations siow a rapid reduction. Evidence more conclusive of the eflect — and influence of the baeking movement of the } | country upon the foreign trade, caanot be required. | In 1842, after five years of depression in prices | apd inactivity in trade, we had another change in | the tariff. More protection was demanded by the | | manufacturers. In their blind stupidity they attr ibated all their losses and disasters to the tariff. ‘Their individual ignorance and extravagance of bad, in their opinion, been the whole cause of their roin, andto government they looked for redress and protection, by the adoption of « high tariff. Had they petitioned Congress to regulate the cur: | tency, to put some checks acd restrictions upon | the movererta of wales | \ ‘ every section of the country, they would have strack the evi: at the root. They left the banks free to ox pend oF contrast st pleasure, while they tarned thelr attention wholly to the modification of ths tariff, The times were sadly out of jximt. The pro | 11000 Pan bde 2a is 1” o 11000 Cen BR Bonds 1” Go ...,.060 1000 do., .b30 16 do oT 4000 40 Reading KR 2000 80 @ 2000 110 ao 4000 N York Cen 1's 200 - pressure, was strong eX2ugh to pass the tariff act of 1842. With the commencement of that tariff oom: meaced apother bank ¢x)snsion aod expansion of imports, as will be seen by th» annexed table, afford- ing additional evidence of the fallacy of the doc- trine that bigh duties reduce im portations:— BaycinG Movewent any Forman TadOm oF Tus Usrtap ‘State, Loans and Discounts, Imports. Exports. $264,544,037 $64,753,790 94,346,480 436,05 211,200,046 ‘ 114,646,606 21,691,797 —-1.15,686,516 Tp 1846 we had another and the last cliaoge in the tariff, and this change illustrates anothe’ fea: ture in the system. In 1846, revenue tariff gas | edopted, ani the protective tariff of 1842 repealed. In accordance qith tho theory of protectionists, there shonid have been a great incresse in importa- tions, but we find that in 1849, the value of imports wag but about one and @ quarter million of dollars greater than in 1847. Tae canse of this moderate inciease will be tound in the moderate increase in beak credit. In 1850, the great ioflution in bank credite commenced. The returns for 1851 show an increase In bark loans of about ditty millions of dol- lars, and on fucrease in imports to about the same omount, This expansim progressed rapidly autil the ciese of 1854, whem it was suddenly arrested, aid the active importation of foreign manufactares | ceased st the same tine. upisormity has marked the movements of theee two departments of fluance and commeree, for auch @ lengthy period. From the close of the last war with Great Britain up to the close of the last tucal year, we see the same inflaence at work upoa our foreign trade, and the principle is as fixed a the eternal bills that the currency is move of & regu letor of our import trade than the tariff or any It is extraord. nary what | other element in our financialor commercial aystem. | It is the impression of many politicians that the exportation of specie from this to foreign countries is governed a great deal by the tariff; that under bigh tariffs we retain apecte at home, and that un der low tariffs we send it abroad. It is full tine for this erroneous impression to give way to a more sersible, reasonable belief. Tho tariff has no more | todo with the movements of the precious metals than it bas with their value. For the purpose of showing the movements of specie under the diffe- rent tariff’, we have prepared the annexed atate- ment, exbibiting the amount of coin and bullionim- ported and exported annually, from 1821 to 1854, both inc!usive, and also the amount of importation | over exportation, and of exportation over importa tion, during the same years: — Movements ov Erucry in THe Untrep Statea. Excess of Hzcess of importation exportation over espor- over impor - Imported Exported. tation. _ tation. $8,064,890 $10,478,050 — 02,413,160 726,532 ~etenopp Sonuepe "645 188,841,000 This table we have divided in the following order :— Moyemants on ®yucte Unoem Han Tanurva. ‘1891 to 1826, 1842 to 1847 TORBM.0 0 ever ecesors Movants ov Specs ¢ $16,792,283 sDeR Low Tamura, Imported. Exported. oo, 92,512,688 $4,514, 004 8 $50,196,749 960,194 According to this table, the amount of specie importa over exports under high tariffs, since 1820, bas been $6,518,883, while the spesle imports over exports under low tariffs, since 1820, amouat to $57,226,605. 8,860,846 10,816,180 7,440,334 5,097,896 | 6,372'087 1,275,091 570 ¥ 1,366, 2 — | 765 8 ~= 8,781,269 6'880,066 4,704'683 2,176,438 pa 8,151,130 8,014,480 '136, 260 a 7,480,741 8, — 763,735 7,403,612 4, 2,479,692 - 8,155,064 2, 6,977,191 _ 5,806,045 9, — 1,708,986 7,907,804 6, 942,164 vse 7/070,968 2) = 4.640, 155 - , 14,239,079 _ ¢ — 3,181,587 4 605,799 as 10,03 — 5,045,690 If Congress had dirested ove-balf of the tims | and talent to t'e regulation of the paper currensy and banking movemeots generally of the different Btates that it bas to the regulation of duties on imports, we should not have been subject to the enormous expacsions and contractions in financial | #fMsirs, or to the commercial revulsions, which have so frequently ewept over the country, devastating | every section and prostrating every interest. We | should have been free from the losses which have | been suffered by the failure of banks and depreciat ed paper issues. We should have been free from those periodical excitementas end agitations, and the prosperity of all classes would not bave been at all | times in danger of o collapse, It is one of the principal points in the constitution that Congress shall reguiate the currency of the Union; and it in more important than any other duty required by the constitution; notwithstanding which, we flod Con- prees doing everything elee but this. Whee our | legislatcrs at Washington learn, not only the true interests of the country, but what policy it ts ne ‘es wary to pursue to protect and preserve them, we shall then hear less about the tariff and more about tre currency. any perman’s-y io any system, either of a financial or commercial character. Stock Exchange. Sarenvat, March 10, 1866. $5000 Ind State fi 86 = 150 sha NieTr Co..03 16% 12000 do 100 do...,.060 16 18000 do, 200 Cum Coal Co,..¢ 4g £000 do. 260 60 ......08 1000 Louisiana 100 do » 8 5000 160 do 00 200 do. 50 do...b30 G1 400 do 4000 Missouri 6's 00 1000 North Caro 6's 12000 Virginia 6's... 1000 Kentuek y 6° £000 Michigan 1000 Califor 7'* ‘70 £000 Im 254 per o.. 1000 Albany bx Orla 10006 Erie bd: 6006 Brie bas ‘76. 63 4 26000 é . 100 do + 9000 a £0 do... 810 600 Hod Ri mt bes 409 Harlem RK e bo 20 Cy 000 Ew & Cr RR Bde 100 she Mech Dank 20 Merch's Exch ith 6h of oP 100 100 Commerce. ¢ an North Am. 118 Am Faeb Beux, 25 Naren Hawk 6 Ft Nicholas Be 50 Wedeon RK Panam Kt 102 Mere 6UB Tre JU) Comten! KR 20 Menb'ten Gas Oo A 260 Canten Co = 4 4) Cleve & 200 do we 4 6 Thir 700 Mie’gua Tr Co at 106 Chev & wo do.,....000 iw do : BOARD. 17000 ind State b's 2 109 2000 Virginia 1006 Miss! 10000 Louse’ Es | \ | | | Until then we shall have no hops of | €12.000- $6,000 + | Ps Wuttenn etreet, wear Fulton, up CITY TRADE REPorr. Barumpay, March 10—6 P. Mw. Aswm.—The sales were imal, Genet caer al Busavercrvs.—Flour.—The market continued firm, with demand for common descriptions. Tre sales footed up about 6,000 bbis common to choice, at $9 a 80; common to good blo, » Indien and $9 4; and favorite to extra brands do., at 11 50; extra Genres gold at 811.0812 60, ‘Toe eaiss of southera branis reached reported at 81f, steady, with sales of about 800 « 1,000 bbi at $9.37 a $10 60, Bales of 5,200 bushels good white Peanaylvat and $2 39; aad $600 do good white Canadian, a % and a lot of 2,500 do. Southern white, at $236 Corn— ‘The sales of corn were confiaed to 5,000 a 6,000 bush- els, inclocing mixed southern, at 9e., and 070, for western mixed, in store and « lotef good southern yoilow wan wold at 94c, Kye—Nales of 3000 bushels at $1 5798140. Meal aut rye four were 5 war without alteration. igh preteual of holiers checked transactions, a Sales of about 500 ba, faar grades ie. higher. Rio were 10%e. w Me, Corvon.— the sales reached about 1,000 bales, at ptoaly prices, Fxriore.—To Liverpsct, about 250 boxes bacon were engaged at 1én a lds, bd.; 4004 400 bbls, and tleroes lard, said to be at about Ide. 6d. a 17s, small tote of fquare compressed cotton were engaged at od, amd round beles at \yd., with awmall lotaquare do. at 6-2 and about 20,000 bus! of corn, at 4d in bulk London, about 40 9 60 To Bremen, 40 bide 80 canoe do. at 174, 1d 600 bbla. rosin at 2s To y To Califernia, 6. a 40c, measurement Fuvit,—The wales embraced about 750 boxes dry rai- wing, at $240 a $2 46. HAy.—The market was some firmer, with wales of 400 800 Dales, athe a 876. 2ON.—Salos of about 7) tons Scotch pig were made at 8 $36 60. Leap was firm, and sales unimportant, Moassaa,—About 500 4 600 barrels New Orleans wore wold at 260m 270 Naval Stonus,—Sales of 250 bbla. rates spirits turpeatine were made on private terms; and bbls, com mon rosin were reported at $1 02, pa ba, Ou. continued tirm for English linseed, at 8Uc, a 82e., without much doing changed. PRovesrons,—The market waa buoyant, but leas active. J about 1,060 & 1,200 bola., inoluded pois. old mens, at 14 Sperm and whale were un 76.00 pryme morn, Western, at 616, bbls, beef hams were made at 814. Country mer prime were unchanged, Cut meats wore ateady Lard~ of 100 9 20 b casks, at be. a b\xe. for good to prime quality, vices. —A bout 20 balew clover were nold at 14%. Sv@axs —The sales embraced about 600 a 800 hhds, Now Orleans, at sie. @ be. ‘TaLvow.—Bales of about 15,000 Ibs. were made at 120 Weekly Mopect of Deaths Ta the city and county of New York, from the ‘id day of Hareb to the 1cth day of Maroh, 1855, 142—Total, 491. fomnales, 233; col- Men, 98; women, 1; boys, 100 Adults, 180; children, 202; mal cored persons, 13, DIARA! Albuminaria, and Bright's 9 disease of kidue, 2 Aneurinm 1 1 Anourirm 2 6 4 1 1 6 1 Inflammation of brain... 8 1 Inflammation of heart .. 2 7 Intlammation of jotmta.. 1 2 Inflammation of liver. 1 Inflammation of lungs...92 1 Inflammation of spinal 2 marrow. 2 Inflammation of a! 1 1 Inflammation of ton: 1 7 Jnundice..... 2 9 Killed or’ ‘mu Constipation of bo 1 shooting in the heart., 1 Consumption 68 Liver, disease of, ....... 9 Convulsions 2 Lues 'veneres... 1 Convulsiot 60 Marasmus, adult 1 Croup . . © Marasmaua, infantile. Debility, . 1 Measles .... Debuility, infant 6 Mortification. 2 Delirium tremen’ 1 Mortification oflunga.... 1 Di 6 ieecas h 2 1 1 5 a1 3 2 1 ue 2 ban 4 3 tof the heart 1 1 4 2 1 3 2 2 2 2 a 1 2 Suicide ‘Teeti: Stomach, bowels, other digenti Tas “1 suns W to AO years... 49 49 to 50 years a1 20 6 yen 60 to 60 years........., 22 6 to 10 years 18 60 to 70 years... uM 10 to 5 70 to 80 years... pass 80 to 90 years es | 9 to 100 yours ye | > = British America 1 Untsowa oe 6 PURLIC INwrrroTioN® » & Hamal’s lel Nure. Hoey’! 2 «#8 Bt. Vincent’ tal 2 « 2 Ward's tal'd 2 Workhouse, iik’s Lela 1 Colored th Lunatic Asyium I Fen’ry hospital, lx’ ; OS THOMAS K. DOWNING, City In Olty Inspector's Offices, New York, Mar ADVERTISEMENTS RENEWED EVBRY DAY. ~~ WENANCIAL. $155,000 S..ca' watehes reban lies or bow y Dougal one sold. Me ; DIAMOND omens pe jwnis aed mort yon band at FORGE | 00, Jona and commisaion brokers emouns osaet, an '} ONRY as 4 Ta an empress eat of re ~ at — — } Cores ANY AMOUNT, OR PURCHASED diamouts, watenes, rich jewelry, and able personal property geoersliy. K WOOL 69 sscond Sov, (toms tours, from 9 4. MW. M “ SAVINGS INMTTTUTION, 96 WARREN #TRKSR, RIS one door from Greeawich.—Open dally from 10 A. Me toll Mand étoT P.M Leterert at the rate of atx per cont allowed om al! sume from 6110840) The fame of this Institation are secursiy investe! in bonds and mortgages tm the city of York, wor Goubie tar aaAs thie ety CALER 4 WOOTMOL., Chenidont, } V ae Presidents A rare Cred street, core ond fowr B WOOLLEY on 8, Ben These came 19 lod ores) oetele im tie | ht lenned om Brook 13 Wall street te ‘ Ree th ye prop 1 an waetel improved ant hie aity, worth dowdie th 2 CO, 15 Nesens etrert CASH LIBERALLY ADVANCED Venes, jewelry fernivers "the sawmey oa coe ON DIA MONDS, WaTcne® sEW et at the bichawet s ret ew red Om Dt ANTED—T0 OWTAIN TWO LOANS. end thee other for 92.05), for one bw: tT fer cant intereet, payeten somesmncelly. ts Uke ity, worth over dombis the amowet ineured lot bbe abe vs attente and the poiveine ose, TT EE OO ee slips, for the term ot five 2 a peg! be wold af “pubiemustion, ne < all, ‘ednesday, t oreloed P.M, vias et OFF ie & 1. Weat aide of No. 12, and bulkhead adjoining, foot of Old alip. emits East aide of No. 16, bulkhead Joining: fuck of etlon cag en a bat wide of pier No. 19, inol half of a, and halt of bull f Pictish khead between Nos, is nnd 10; foot 4 Fast aide of pier No. 90, f half at Maes the bulkhead Wetwece Nest ae nod ths festa a P 5 Weat side of pier No. 21, and half of bulkhead tween Nos. 21 and 20 toot of Burling sig” a “et inches, om Enat sido of pier No yr] Hook man street. #. Fast wide of pier No. 24, and wost aide of N balkhead between we 44 and 26. foot of fa alp 9, Kast side of pier No, 20, with whole end of 3 foot of Reseersltaineat i 10, Wort aide of pler No, 30, and bulkhead to forey; foot of Roonavelt atreot, 11, Kana portion reserved te the mping manure, ke , between James and 14. Vier No. 31 and half of bulkhead between Nos, st and J2; foot of Jumes slip 1 ida of per and half of bulkhead betweee 31; foot of James alip. 14, East aide of pier No. 35 and half of bulkhead be- tween Now 83 and d4; foot of Olivor atroot, 16. Pier No. $4 and half uf bulkhoad between Nos, 34 and 33; betwoen Oliver and Catharine streets 16, Went side of pier No, $5, foot of Catherine atest. No. 37, and haif of the bulkhead between Nes. a and 44 foe 6 inches of the bulkhead om east wide, between Noa, 37 anc 36) foot of Market alip linif of bulkhead between Mos. 88 ; foot of Market el Vier No 40 and and 41, foot of Pike ol 20. Vier No. 41 aud Lalf of bulkhead betwoem Nes. 4h and 40, foot of Pike slip, 21. Pier No. 43 and halfof bulkuead between Nes. 48 and 44, foot of Rutger’s alip No. 44 and of bulkhead between Now, 44 an foot ot Rutgers slip. No. 46, foot of Jefforson atrest. No. 6% and balf of bulkhead ad- . de of tween Now 67 and , foot of Jackson street, Witd 100 feet on east side and end of aad 27. Half of both piers at the foot of and bulkhead between 24 Bulkhead foot of and along the north side of Rt vington aireet, and to within 60 feet of pier between 7 atroet Stanton and Ri mn streets, 29. Bulkhead foot of Stanton street, extending fre Stanton street to within 74 feet of the pier between Stanton eres fas streets. 30, South aide of pier between Stanton and Rivingtes | streets, the north aide reserved for dumping manure, he. =o 31. North aide of pier foot of Btantom street, 32. Bulkhead fort of Third street. . Pier foot of Filth street. |. Pier foot of Twenty fifth streat Pier foot of Thirty eighth atrees, . Pier foot of Fifty third street, Vier and bulkhead foot of Hixty fret street « Per foot of 104th atreet, poRTu KivER. 20. North half of pler No. 12 and balf of bulkhead be. tween Nos 12 and 13, foot of Albany street. 40. West half and outer end of No. 13, mow ee- cupied by Me pry Pteamship Co , foot of Cedar strest. 41. Kast half of pier No. 13 and balf of bulkheed be- tween Now. 12 and 13 and 13 and 14, foot of Cedar street. 42. Bouth half of pier No, 14 and half of bulkhead be- tween Nos. Léand 15, foot of Cetar atreat, 43, South half aad westerly end of plor No. 20, ema bulkhead adjoining, foot of Dey atevet 44. North half = pie No 20, andt *f bulkhead be tween Nos. 20 and 21; foot of Dey ate 46. Bulkhead between piers Nos, 4 ut Vesey and Fulton streets 46. South half of pier No, 23, foot « reets at 474 North half and end of pier No. street, now oecupied by United Stat Company 48. Pouth half of pier No, 29, foot wow occupied by Powell & Ramedell. 49, Swath bat of pler No 31, and b tween Nos 80 aod 81, foot of Duane 60, North balt of pier No. 31, foot 61, Boath halt of No. ab end half of bulk foot of Chariton street No. 46, and half of bulkhe and 46, foot of Chariton street 63. Fier No. 47, foot of Hameraly street. 64. Pier No. 48) foot of Clarkson street 66, Pier No. 60, foot of Morton street. 66, Pier No. 61, and bulkhead south to the half of bulkhead between Now 61 and 52, foot of street. Pier No. 62, and half of bulkhesd between Nes. 52 aod 61, and half of Bulkseed betwoen Nos, 68 and 62, foot of Amos street, ‘08. Vier No. 03, and balf of Wulbhead between Nes 66 and 62, foot of Charles areet 69. Pier No. 64, foot of Perry atreet 70 Return bulkhead, formerly pier No. 66, feet of Hammond street. 11. Pier No. $f, and one hundred and tweety feet of bulkhead, foot of Bank street, (no allowance te be made for filling {n,) foot of Hammon’ sureet Balkheas foot of Bethune street Retura bulkhead foot of Troy atreet. Bulkhead foot of Jane strext. North half of pier fovt of Thirteenth street. Kew pier foot of Seventeenth street Fier foot of Kighteenth streste, Pier foot of Twentieth street Bulkhead, ent part of south aide of pier, foot of Twooty first street 60. Pier foot of Twenty aerond atreet 4) Pier, (all not used for dumping manure, he.,) foot of Twenty #lath etroet 42. Vier, foot of Thirtlath atree N foot of Thirty; 72. 3 mm ci) 6. 74. 9. the continuance of theu lease, pay wharfege the lows of the Plate and the ordinances of the Common Counell aad the lessees are to be bound by those inwe, es they may be altered fromm time to thine. Do wharfage is to be charged to HellGeve or Seuné States or foreign nations, oF to the Yards or garrisons, or bo vessels om. ployed im the transportation of street manure or cont ashes from the city. The woryoration reserve to themselves the right te 7 sof 61! in betund the some, build new piers, aod rebuild and extend those bellt; & bull heats sod cleense such wharves, plore and slips as bd think proper, without claim of pretence of fom damages, or detuction of reat whatever, om the part of the leases Ul be allowed for No cednetion whater by may ‘eo owt the oa the reason of any sickness oF epidemic that continuance of the the city, of any omiasion to dred part of the corporation, during f ‘The leases wil) eootain the usual covenants and coats take an or whart, of portion ston eee, on allowing to the lesese «just and equi le com pewaation or tedurtion The lesseoe will be soguived to piers in good euntition, ant . , Ciading especiaily the string pisces wl veperedat we at thelr own expense, cod ras Sok ae reat, . pirobier payment of rent quarter yearly sud the fulfilment om thelr pert of the covenants of the lease ‘Ten per cent on the yeanty reat Wd for each and the auctionser’s fess (05), to be paid to Hi lector of the City Revenue, at the time amd ant « written etipulation te te furnished from ene oF mane reepounibie persona, vo be or they will quaraates the payment of Ube fret Fay of May emt thal satiefactory wu be given whea the lense se¢ bond ore eoyted, The eo cont, whee pelt, will fret quarter's rept or forfeited uw tive eatisiactory surety ao4 execute as soon as they have notion from the Onaw ant the Commissioners of the Pink suthoriont, st their _ plere bid off by thove failing to comply as above, and the party wo failing to for any deficiency that may reeult from No pereom will be receive! as lnaten oF ocoent on any former wane from the i it FF. it if 3 E i ii is $F * é H H i HH ig ji i 3 « s —e (ree tof Ammonites ( ~ tere r ANDO WOOD, Mayor C FLAG, Comptret Saver M AMITH. Je, Keser ter a ~ie

Other pages from this issue: