The New York Herald Newspaper, April 21, 1855, Page 2

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)

2 Our London Cerresponeence. 4 diligent Tin Bord Paimerston’s Administrati John s Popularity again in he Ascendant—Energetic Prepa” vations of the Ministry for Carrying on Hostititics— Wartike Sentiments of the Massesa—John Bull's Dander Up— All the World Buckling on its Armor for a Gene- ral Scrimmage—-The United States Expected to Tuk, Part in the Mele, de,, de. In one of my former letters I ventured to predict tha; notwithstanding the temporary disgrace into which Lord John Russell appeared to have fallen, by his con- duct towards some of the principal members of the Aber" @een administration, resulting in its absolute over ‘row, the time was not far distant when bis name would be again a household word in England. The man; im spite of mapy shortcomings which prevent him trom ever becoming really popular, is known to be possessed © a virtue as rare as, perhaps, unintelligible, namely, Benest, downright honest patriotism, wh ch in ever, ‘Bing he does or says, is, with him, above all and befor ‘all, In this particular, there is no man in either House ‘hat can compare with him, and the truth is known and achnowledged by the country. There is no indivi- @ual among the ranks of diplomacy whose presence at ‘the Conference at Vienna could have inspired the people of all parties with such confidence in his firmness, con- esiliation, and acuteness of judgment, as Lord Johan ; and. from no one else would they accept with equal equanimity the casting of the die of peace or war. ‘Lord Palmerston, if in some things he has disappoint: ed the hopes of his supporters, in this appointment showed himself worthy of his fame; and the consequence dp, that imdependent of the mature of the conference, and the overpowering results of its decision, ‘The clash of parties is staid til the foremost commoner of England can return and take his place in the metée. ‘Tho ultimate decision of peace or war must, of course, give its tone 10 every ministerial measure, and, chief of all, to the new Chancellor of the Exchequer’s budget; Dut the manner in which this decision has been brought about will have to be exactly detailed before Parlia- ment, and on that the ministry must stand or fall befors ‘he country, much more than upon any bill, fiscal or otherwise, emanating from them. Lord John, in fact, ‘Me hooted, despised ne’er-do- well of but a few weeks sinee, is becoming more and more the man of tue situa ‘tton—a circumstance which the melancholy details daily eKcited by thatCrimean inquiry, which be had not eourege to vote against, have not a little tended to ac- eompleb. Now, the country has all ‘al separated Lord Pal- merston, then Minister of the Homes Department, and Lerd Joho Russell, then Lord biscewncre trom the indi- ‘vidual, though not collective responsibility, of the late mismsnxgement; and altogether, therefore, the new ad- Fes i ee thought to be in a fairer position at. this moment than since its formation. The civil warfare of debate is, in common decency, ob! to hoist the white till the trumpet blows from Vienna; and Lord Pal- merston is exerting every nerve in his preparations for ed hostilities, to convince the pzople of England st it fighting is to be the order of the day, their honor fa confided to no unworthy hands, No one in his heart, I am afraid, expects any good to eome of the Vienna Conference, beyond all possible steps have been taken to o eee. ‘This conceded, a8 a sop to public morality, war policy will find a genial soi for its roots in the lowest depths of England. The acknowledged patriotism pep lit forse Deh do much toreconcile the peo- peace he negotiated ; but the military api- Hit in £0 rife, the blood of the Saxon'is go up at the odicus comparisons mace betwixt England and France, that, go ‘where you will, from the palace to the market-place, ev ” @xy man’s fingers are itching for a pinch of ‘ saltpetre. Our national love of sport, whether to stalk the to wide the fox, to beat the heather, or breast the stubble for grouse or partridge ; whether to back the racer, kill the salmon, or frolic onthe ocean deep, makes ev. ? knglish- man fee! that if be is not a soldier, it is simply for lack f education ; that nature has given him the raw mate. ial in a far greater degree than the French; and to hold him up to the world as the poor, dirty, reckless, die-away ‘thing, picking up the crumbs that fall from the Freach man’s crisis capuot fail to draw together in closer ranks many who might be growing doubtfu! of his ‘oceign policy, or whohad before little comprehended its nature. It can- becoming more and more world wide. A report prevails tbat M. de dourquenay, who had sue- ceeded with so much tact in detaching Austria from Rus- Towards that Power, influence, found bunself hard cilia “tone of Prince Gortachakoff whieh in fact went far to sap the foundation of mi ot Oe ogemrnls Be ay susareh ia era be ; ; the arrangement, for - gation of the Danube and the Danu litte to be great—that is, to climb up to the Tuderies merely sensual gratification—bis"reputation im ‘that of a mawvais sujet, The court did aot, in fast, condescend to receive him; the press, mow cannot find words sufficiently strong in his praise, at im as a fool ang a enob; andthe nobility of Grst were chary of admitting him to ther tables. What achange has success not effected! In England they were some what am of Jenn your atate of public boob ae hy in ale in 4 opacien poleon, strangely is held in a 8} of idols. ‘try, whetber from the fact of the great novelist of the —Bir Walter Scott—having beceme his biographer, nd touched him, as it were, with that Ithuriel apsar whieh flang « halo round everything it came in contact with, I do not know, hut itis certain that every col- lege and PP ntice boy, every maid and matron in Eng- land, w to general 4s as familie ge of Napoleon the Great, as they are with the story of the Vicar of Watefeld, or the adventures of Robinson Cra sce, In Napoleon the Third, the Prisoner of Ham, the nelf-confessed yu, the spouse of the beautifal ki genie, whose picture now adorns every cabin, they will fancy they see the exile of 5t. Helena resuscitated; for having watched his gradual arcent to his present culmi- nating herght, and seen the desperate courage with which, in spite of every dificuity, he bas removed all obstacles from his path, they will give nim credit for power to regain the lost dcmination of his ancestor, and ven though the thought may cross them that some- thing of this will be to their cost, they will not the less sound the loud trumpet, and sing, * See, the coi hero comes.’? Buta week or two hence we shall have opportunity of seeing the value of these anticipa- DB. Every day public attention is more concentrated on the work going on in and around that Palais d’Industcie, the inauguration of which the Empsror’s visit to Eag- land has, it is supposed, something to do with, in ee a cone beh ae and Prince Al- mt to present. plications are pouring in to all the various house pane taauisiog te price of spartments; and houses are taken evermous and almost fabulous rents. on speculation at The chief being dug up, duced, in order to ‘create an impromptu garden. the eclossal gallery, which is to dwar! by its g proportions every other thing of the same name, from the Louvre downwards, is now the scene of principal in PO! ‘s a’couvre of modern art, in painting and sculpture rable @iscussion arose as to the color of the walls best suited for s back ground in an edifice appropriated for euch purpose, and the architect, relinguiabirg any amore prebe nt have entertained, bas pted the sug- gestion cf a majority of artists, and decided that elive green shall be the tint. For the first time in its history will sculpture have a space suited to its importance. But tic table,as he has beon described of late, is to sting the mational pride to its very quick ; and I know I am right im teliing you that if Lord Joho is able to return with a ay account of his efforts, bis failure will only make jim the more welcome, and probably save the ministry of which he is nowa member. When one observes on ail sides the immense prepara- tions for war, it is impossible to believe that any ons of the governments indulges in any serious hope of peace. Look at Austris, placed in the very centre of the negotia- tions : what is she doing’ Why, every day despatching fwoops in the direction of Cracow, as if on that puint she was in expectation of an inevitable and approaching atroggie. Look at Prussia, while constantly protestin, Ber neutrality, taling every precaution against a genera war! Look at Russia! There the Emperor Alexander a eollecting under his standards all the population of Kach statue of marble, of bronse, or of plaster, may be viewed in ite various profiles, and by different lights and distances. ‘lhe differes spaces demanded ib are, 860 metres for Fngland, 800 for Belginm, $52"tor Prussia, 310 for the Netherlands, 130 for Norway and Sweden, 52 for the Grand Duchy of Hesse, 52for Wartem- The amount demanded of berg, snd for Hanover 1. Saxony, Bavaria and Munich, so prolifisin works of has not yet been ascertained. MM. Ingors, Ver- net and Bugene Delacroix, the three great artists of France, are to have one sidea!l to themselves, ors sends not lessthan forty pictures, among aod Le Veu de Louis XII, Le Martyr de Saint Sym- phonen, scarcely known 19 the present generation, »Apotheose d’ Homer, VApotheose de ‘Naptoon, taken down for this great occasion, the one from the ceiling of Bis vast empire, and proposes to sustain the shock of eealesced Europe with not one jot less pride and ambi- tien than his predecessor. Look at Sardinia! The pre- for the departure of her 15,000 men to the yuo with greater activity than ever, an? Ragland is getting ready ber loan of millions te help her. Every one knows, too, wrbat is golag on in, France ‘Three armies encam; in the interior—that of the Herth, the Kast, the South—are ready to enter into upon different points at a moment’s notice. ima in Kngland we are certainly anything but suspend: ing our preparations; for while we are straining every merve to reinforce our army in the Crimea, never was Mere such equipment and provisionine ‘-- fleet. A flying squadron pre- awe var Baltic WBia swim: mares" forthwith to kisinore Tare, And the coasts of Finland only wait the meltin? *7 the ice to be the theatre of such Sere as the world never heard. I don’t ask if Jooks like peace, becauee to secure that blessing i is only right to be prepared for the other contingency ‘wat does it look as if there was thre slightest hope of it? Dees it not rather look as if the members of the great ee, from time'to time communicated to their ey ped governments intelligence which had far more to do with arsenals than peacefil ploughshares? In the midst of thie bubbling of the European caul- don, eur eyes turn, not without anxiety, towards you. ‘The political sympathy manifested by America is favor of her relations with 8 —the future of ‘polliféfans. TF ‘De thought that the war Lie ‘okey without a partici- the of the United States, and it ma} ‘them ultimately will depend the result European contest. Should the alliance of =ranee and England be made to interfere with Amori- on jecta op Cuba—end there is no doubt that it war thus follew between the United Statesaad Eag’and, then will indeed come the true perils of the ques- tion. The very thi begins to jought of the misery which the arrival ef no cotten from America would induce in the manu- facturing districts, is something too awful to thiak of ; ands contest would ensue, far more terrible than Eng: Jand has bn Md had to wage since she became e mation ; a contest, which many men think ell parties would lore by, except one, namely, France, who, whoa Jonathan and whe bad succeeded im fairly embroiling John Bull, might back out and help herself to Spain, and a few other things, exceedingly disagreeable to the and taste and commercial prosperity of England, ‘whatever it might be to America. UNIVARSITY CLUB. Our Paris Correspondence. Pants, Marsh 29, 1855. Lowis Napoleon's Literary Tribute to the Memory of the date Crar—Russia Endeavoring to Win over Austria to har vide in the Vienna Conferences—The French Empe- ror’s Visit to Queen Victoria—The English Turning Hero Worshippers. Curious Revulsion of Feeling with regard t0 the First Napoleon—The Palace of Industry, dc., cc. he literary and political world of France was yes‘er- @ay atonee startled and gratified by a document that ‘wi probably long be remembered as a model of histori- ea}summary. The Monitcur presented its rea lers with @ page of large type, nominally on the death of the late Bmperor Nicholas, but which embraced in language ‘whose force, elegance and perfect lucidity are not lows admirable than its condensation, the history of Russia from its eounection with the House of Romanoff to the events ef the present day. The whole prodaction is marked by 8 taste ar classic as it 1s finished; throughout (here predomidates an impartiality which even Russia will pearcely fail to admit, and the improssion left on the weader’s mind, by this elegant sud logical synopsis, is, ‘that in the far casts colossal power, gradually assuming @ gigantic limit, has arisen, threatening the older an raore eivilized nations of the West, first to cut sbor ‘heir skirts, and lastly,to make pale their lesser Nights before a sun of overwhelming grandeur. Justice fis dene to the deceased Czar with no niggard hand, ani fhe fiattering mot of M. de la Feoronay, ambassador of Gharies the Tenth at St. Poters>urg, revised and en- @orsed—that Nicholas was Peter the Great civilized ! ‘The composition suffers greatly by translation, sad to sunibes 00:1 sou a eee ee etivwtne correspondent’s H wi Beecases the character the late Emperor may gorve, in some measure, as an illustration: — ‘This Prince, in effect, had in him all the robust quali his race. Nat blood, tradition, and educa- head, the and hard lines of his and pr which if tie i aqP ji hi Hid atl 8, ° Hy A i ; fe the Louvre, the other from that of the Hotel de Ville. Horace Vernet sends his Smala, and other episoces of grand military events. Eugene Delacroix sends his Triomphe de trajan, la Medéa slaying her children; La Bataille de Cassell, a Lion Hunt, and a pathetic agene frott the Foscari, &o. Fngland is represented by Gibson, Landseer, Mul- ready, Stanfield, Proc, rmole, and Belgium by Greets, ey Stevens, Wi ras, Leys, aa ‘and Prus- 8i a8, nus, and many of ie ar » Magnus, Muller, and many others, glanty jp ‘orrespondenta + E , " ~ ‘uldpéan journal are spe- cially avoir edt write daily criticisms acd relations orall that is to be seen or passing during the time of the Exposition; and whether or not such anticipations are to be verified, Paris for the year 1865 seems to have made up its mind to deliver itself over to the complete intoxication of the senses, both spiritual and gastrono- mic. The cooks are being summoned from all the great provincial towne, to exercise the wonders of ther art to refresh the inner man of the innumerable lionizers that will throng the capital. On oo the curtosition ae gent from Prague is a faite ellery, containing garnets, which vary in Sens Foem: the smallest size to such Jar; 0 ones as are no longer to be met with inthe trade. Added to the ‘the pen of Napoleon; and ita appearance at the present notbut add, also, to » reputation which is every day NEW YORK HERALD, SATURDAY, APRIL 21, 1855. a Fal < £ P E f Bt es & gis i78 FF ‘Theatres and Exhibitions, Buoapway TuxatRx.—The historical tragedy of the “Gladiator” is announced for this evening, when Mr. Forrest will appear as ous, hasarius, Bowsgry Tuxarre.—This cstadlishm management of Messrs. Waldron and J: » a business. Mr. BE. Eddy, favorite with the frequenters nd & ‘actor bis appearence, jurton, are such as connot fsil to draw medy of Errors” is the first ), in Li Fisher, Hall. Mre. Cook and new Wauiack’s TuyatRe.—The domestic drama of ‘‘Grand- father Whitchead”’ is announced for this eveniag, with that ini ble comedian, Mr. Blake, as Grandfather Whitehead, ‘will follow—Lester, Brougham. Mrs. t characters. The ‘eddy Murphy, con- ol ey and Mrs, Stevens in she princi Man,” with Brougham as Woon’s Minsrnxts.—A great variety of ay, together with the popular extravagansa of the ° @ Afrique,” is anuounced for to-night. v's SERENADERS.—This company is doing ® tair business. They announce fer to-night an entertainment of The burlesque opera of ‘Somnambula” is instrel- Hotel keteb of Enrine Hat..—" Smith's Panoras: be seen by the admirers of good paints Max, AvGusTA.—The admirers ai if Europe” should it mplimentary benelit and excellent danseuse w! here at Niblo’s Garden, on ti ing of the 10th of May. We Anow of no artist who deserves public patronage more than Mme. Augusta, and wo hope to see the theatre crowded in cvery department on that evening, Mn. §.Wri1s AnD S1cNoR BERNARDI will give a concert at Dodworth’s Academy, on the evening of the 8th of May. FINANCIAL AND COMMERCIAL. MONEY MARKED, Fauay, April 20—6 P. M. There was a reaction in the stock market this morning. All kinds of stocks advanced, and the leading railroad securities were quite active at the improvement, Virginia 6’s went up 3 per cent; Missouri 6’s, <; Erie bonds, 1875, 34; Canton Company, }¢; Nicaragua Tran- sit, % ; Oumberiand Coal, 4; N. Y¥. Central Railroad, 34; Cleveland and Toledo Railroad, %; Harlem, 5; Hud- ton Railroad, 3; Panama Railroad, 1. Michigan Central Xailroad fell off 1 per cent. The movement in N. Y. Cen- tral Railroad stock was somewbat usexpected. A large operator took 1,000 shares in a single lot at an advance of 3¢ per cent on the closing price of yesterday. After- wards the market was a little firmer. Reading Railread improved on the opening. Tne coal tonnage of this road for April will be more than 200,000 tons. For the first sixteen cays the aggregate was 108,322 tons, showing an excess in that time over last year of 18,532 tons, In April, 1854, the tonnage was 170,147 tons. Erie Rail. road appeared to be in favor with all the little jobbers of ‘the street, but we doubt their ability to carry it up much. There ie nothing in the internal affairs of the company of a character calculated to give an upwar* impetua to the stock. I Is very sensitive, and easily depressed, After the adjournment of the board the following 551s of bonds and stocks were made at auction by Si- meon Draper:— $4,6(0 Cleveland and Pittsburg R.R. 1st m. int. ad. 683¢ ‘A000 wuftalo, Corning ana N, ¥. 2B, do. d0.. 68 9,000 Obio and Mississippi R.R., 2d mort., do,. 60 At the second board there wasa slight improvement in prices. Erie, Canton and Cumberland were in demand, and closed firm atcur quotations. Reading Railroad was not in much demand, but was held at better prices. Panama Railroad adranced in the face of large contracts on time, sellers option. The inside party in Cumberland Ceal are buyers, which accounts for the rise to-day. The European steamers will not take ont a large amount of specie to-day. A large portion of the orders garnets are 6,000 other stones, and the workmanship is said to be as exquisite as unique. And the Graad Duchy of Posen is to furnish a carpet composed of 8,542 pieces of skin from animals found in the duchy. it is sixty- four feet square, and in the centre is splendid star of the ment Yarious hues, and on the sides, and comers ier coratellators Stornments. The border is aa ara- berque imitating fur. DgRTY Our Washington Correspondence. ‘Wasuineton, April 19, 1s 5. What They Think of George Law in Washington—. d- ministration Intrigues—Spanish Affairs. ‘The rumors respecting the attitude of the administra tion towards Cuba change like the kaleifoscope every day, leaving us ina great state of uncertainty, The utmost excitement amd feeling now exist, in relation to George Law, at the seat of government, and espesially among the departments and officials of government, who cannot comprehend the enigma of a President being taken from the ranks of the people instead of the politi- cians. At firet it was treated as a joke or malicious hoax of the Hrnatp; but as the character of George Law begins to be devoloped, his great administrative talents understood, ard his chances brightening with every defeat and discomfiture of the administration, the ex- citement increases with the increasing chance of hig ne future weal of this peariors Oe ron a teamed Franklin Pierce as President of the United States. The grosses; misrep: resertatious prevail through ignorance or malevolence inrelation to Mr. Law, his family, education and charac- ter. ted by some to be a foreigner. Now, respectable farmer in Washing- i st son, Joseph, jon, at Union Ool- th high honors, and was a law partner of the fon. Dudley Seldon, of your city. George had a good sound English education, and has improved his tral, great powers of mind since, by reading and study. fr» good historian, # logical reasoner, and looks with » practical eye into everything—mankind, boots and bu- siness, As to his character, he is eminently a man, strictly orthodox in amerivan views, feolinga rineiples, and would bring to the discharge of the exe- prince ienticn ‘8 mind vast and comprebensive, in its full Viger and expansion. 't does & man good from time to time to be in Wash- ington, even during the recess to see what schemes Pierce, Forvey and Jeff, Davis ate concocting for their mutual advancement. Would yon believe it, that after whipped clear out of his boots, disowned, eadgeled a sorely “ crashed out’’ by his own party, Pierce is fool enough still seriously to entertain the idea of a re. election? Forney puts him up to it, for from the time Pierce gets over his apree, (he is now drank with power,) his butler, bottle washer, and something else, will be without occupation. He must be fooled to the top of his bent that be may dispose of all the money and e he has to bestow, in favor of hia personal friends; let roe become politically honest and free from vice, and he will spurn such men as Forney and others who are now his boon companions, One of the contemptible means now resorted to by Pierce, Forney and Jeff. Davis, to keep (because it is feared his reply t0 the report of the Os- tend Conference might furnish him with political capi- tal for the mext tial campeign,) is to direct ublic attention to another quarter; hence the Tnion has kept up an incessant > and France, reaten! war an whole civilized world, when there is net ® man in Wash- ington, be hea gl me rad or a domestic Popes who does not know = Rae eee Mae i“ than fight. Pierce, who, sence OF ey, is over- wand fatters like e lite bird enshanted Dy 0 wi black snake, revenges himself on his stubborn pre- pe by ’Forney to abuse him in the goverament organ. is glad at the chance, because it helps Buchanan he seems to serve Pierce; and Pierce is glad to keep the balance of power between the premier takes himself the ibili* the orders, whatever may be, that Cay . He is probably ie jb eruisers be equivalent to xercise and practict erereh, which, 20 advocates of the freedo 2 of the pene, wre de concede to any Power, upon any The intaligence expected the from vie oy the exercise Dy ibe Spats ato of of, search, or rather vinitiog and detainlty & yeasels, The United States Consul bas, of course, had e with the has been countermanded, and the shipments will be comparatively limited. The total exportation by both steamers will not exceed three hundred thousand dollars, and the aggregate for the week will not vary much from one and a half million of dollars. ‘The traneactions at the Assistant Treasurer’s offize to-day, were as follows :— Paid on Tressary, account, + $274,348 83 lo. Received ‘. + 66,161 78 Balance do. + 2,607,963 23 Paid for Asiay office.. ,308 99 Paid on disbursing cbt 34,140 78 ‘The warrants entered at the Treasury Department, ‘Washington, on the 18th inst., were — Tee the redemption of stock. or Treasury ee For pate a into the Treasury from customs For coverin, into the Treasury from lands.. For the Wat Lvvartment, For repaying in. se War D: For repaying in the « For the Intericr Depa The earnings of the Harlem Railroad Company, for the month of March, 1865, amounted to. $85,162 27 For March, 1854... ....sesseeeeres + 16,970 86 99,191 41 Earnings for 6 months preceding Slst Mareh, seven scans Ane sts pittance $534,963 60 Be ee Re ee cteen 454,474 11 Tncrease in 6 months..... 190,801 49 ‘The amount reported for the six months ending March 81, 1856, exhibits the exact cash earnings after settie- ment with, and payment to all connecting roads; while, for ‘he same period in 1864, the sum represented is that of the gross receipts before such payment to connecting roads. Such was the mode then of making up the monthly statements, and which could not now be rectified without considerable time and Jabor. If it were done, it ‘would make the actual increase for six months more than $16,402 92 16,115 98 57,683 84 12,372 21 $100,000, The receipts of the Grand Trunk Railroad Company ef Canada, for the first quarter of 1865, were as follows:— First £AT,970 $179,080 Same 35,968 144,872 ‘Increase, equal to 25 per cent........... seees $35,208 The receipta of the year ending December 31, 1854, were $835,036, The earnings of the remainder of the year, judging from the weekly returns thus far, will swell the total year’s earnings to a million of dollars. Entimating the running expenses at 50 per cent, there is lett $500,000, or six per cent upon eight millions of )) oot dividend of thirty-three and « third per cent has deen declared by the Keceiver of the Knickerbocker Savings Bank, payable on demand. Upon the announcement of the second suspension of Mesars. Page & Bacon, of St. Louis, we gave a brief re- ‘view of the causes which led to that unhappy event, and supposed tbat, as the public mind would soon be absorbed by other excitements, eur remarks would close the mat- ter, and that it would soon be lost sight of. But such appears not to be the case, After s few days of pro found silence on the part of the organs of the only “American Banking House’’ in the country, we find a lengthy official statement of the affair, which we cannot let pass without notice. Although the financial organs of the banking house referred to have frem the first been pretty loud in thetr peals of praise we have not be- fore been favored with @ blast from an official seurce. ‘We bave not much space to devote to « refutation of the statements ma/e by the ‘‘American Banking House,” and therefore merely give @ brief and succinct history of the affair, Mesers. Duncan, Sherman & Co. have waited three months before they were prepared to give any ex. planation of their unaccountable course with their eor. respondents in January last, and now that both the par- ties on the one side are out of the city, they put forth this statement, distorted in all its features, incorrect im ‘all the essential particulars, and avoiding entirely the main question at issue, We are well assured that at no time scarcely were Duncan, Sherman & Qo, im actual — ins laa a. cash advance, the two accounts of : REPOR! and Page, Becon &Oo., together, ‘The firm, Pupar, Apri a8 P. M. raDy had large ash balances against which Dancan, RR. Canal. West, Fear, bls. were made, at $5 61 for pow, Sherman & Co. could only show acceptances, not ma- 867 1561 6778 again 12)¢c. = 260. turing for some time to come, and if a house of the re. 2,400 tag 5,786 ium and puted means of Duncan, Sherman & Co. felt the ‘‘severe oo = 1,066 'e money pressure’? in ‘those stringent and trying times,” | roiq)......1,008 2,637 4150 20,981 it must have been from other sources than from such ac- countess these, All that is said about want of security, &c, is futile. Mr Bacon is known to have responded promptly to every call of Duncan, Sherman & Co. for security, and om the 9th of January, when Mr. Statement of coal transported over the Cumberland Coal and Irom Company’s railroad during the week ending on Saturday, the 7th of Apri}; also the amount sent by each — for the year beginning the Ist of January, zi fr ty os Sherman expressed uneasiness, Mr. Bacom at once | (. wteriand Co. Baws. Pe Ae ecnveyed to him, ‘in trust,” private real estate | Percy & @0, yy eames +1 1708.16 for new valued at $500,000—upen doing which Mr. Sherman ex- | Everett & + 43.60 6.10 49.10 833,11 eins pressed himself perfectly satiafied—his house being, a: Sars. fae, Seen ‘eer, that time, be caked tive: Sl ee bee hala aad mode, nities, previously deemed ample for their entire safety, We can eamly imagine Mr. Bacon’s astonishment the very next day to find Mr. Sherman still more exacting and pressing than he had ever been before, complaining of wantof money, 4c. He was told to ‘‘sell the securities,’ which he did, (Missouri bonds, &c.,) at frightful rates. Aga'n Mr. Sherman became more exacting, and then Mr. Bacon became alarmed—net so much at his own po sition as at the equivocal course apparently adopted by Mr; Sherman. It was at this juncture that Mr. Bacon called on hus friend, Mr. Aspinwall, and explained his position and asked bis advice. An interview was had between all the parties, at which the final agresment was made ; and, to avoid any farther misunderstanding, ‘Mr. Aspinwall determined to commit it to writing, which he ¢id in the note of the 11th of January, which we annex":— Ohio Railroad from the Westeraport region, during the week ending on Saturday, the 7th of April; also the amount sent by each company for the year beginning the 1st of January, 1855 :-— iH Pi BE see Ending Hampshire C. and I. Company .1,245.03 Bloomingtov Compsny.... - ‘The London Times of March 30, says:— A further statement from Birmingham, regardi of the recent large failures in that ne! supeeecds far. nishes ar other corroboraticn of the fact that most of the age Sa Ile, and 20 do, Cape at 9c. New Yor, Jan. 11, 1855, ‘Warts SHERMAN, — |, and wi fuspension must have hap- s10N8.— Pork—Market unsettled, with less doing. jan are te aod all misunderstanding hereafter, 1 | pémed sooner or later, whatever might have been Sees at ie eee See al, inclading eld mess at $16 beg leave to recapitulate the result of our interview of | Course of politics orof the money market. It sp. ag this morning at Mr. Bacon’s reom :— pears that in the case mow alluded to altho f—400 bbls. were sold at $9 50 9 $12 Ist. That the overdrafts of ‘& Bacem, as advised | Stcppage took place some time back, and a of 8c. a in " up to inst evening, be cons ag 9 temporary loan, the creditors was held the day before , the an represent ir note on mand, wi ie they understanding that rf shali be held as a permanent loan | 4re not known to the person himself, were origin- for the period of rix montas, if Page & Bacon are thereby | Ally reported to be about £100,000, a oe ore By oe Denefitted so as to continue Dusiness without inter- | der the circumstances, will probably be found to have fe a ant Oe a 6c. teats an prvi, ao, a the sovant of Page | abe dr is ine poaed athe aged ahe'tea |, Sveun,~ the vale sumer 663 bees brown and tor not Nand that Page & inet, | low at 530. 0 6%c.; 400 600 bhds. poss 094 tage haing. overa 6) me overdraw: Bacon, of 8t Louis, do so: exceed ths one hundred thoa- sand dollars in their future overdrafte. 2, That you shall continue to pay the future drafts of Page & Bacen to the extent of one hundred thousead dol- lars, to be drawn in the ordinary course of their busi- ness, under Mr, Bacon’s assurance that the same shall be covered within ferty daye from this date by the ear- Hiest remittance from ’ about be. « 6%, and about 150 Cuba, part at 4%c. SPices.—260 mats were sold at p. Hy Tonacco,—Stocks continued small, and coming in the market are readily taken at We note the foliowin P ‘Tse. @12c. ; $24 bales Havanaat 24c. a4lc¢.; 8€ p £5 80 canon need leat at 6X. 0 Ibe, '—Liraeed is in good demand for whole parcels, with sales oi 8,060 10,060 gallons, at ° ts for advances made by Duncan, Sherman 88¢., mostly to Coren abere,Y wil bp responatiie. to theta fer one. arrive. Lots from afore sold at from 86e. « Ste. Whale of such 1», Rot execeding the principal of | the being extended and transferred and sperm were without change. ‘ ability on my part, of fifty dollars ctenes) pov yien ietly moreno nd on, they must traction Gabe ahaa” were sold at p. t.—supposed s ion en success! e, to be covered bp ety note, payabis on Of course, it is possitie that; o to some excep fal. | Wink. —200 cason claret were sold at $9 25. reasons, may not be to this charge, but, in the Wuiskey easier. 200 bois. State and Onto sold at 36c. tances from absence of explanation, it is irresistibly suggested, and | © 963c.; and 60 bhds drudge, at 36c.,|time and interest. the books of Duncan, Sherman & Co., or by Page & Bacon there can be no quetion that in the majority of failures | _ Wool —The market is loss active, and the sales are themselves, from the proceeds of the bonds in'the hands | Jately in London and Li , a8 well as the provinces | CoBsiderably less than last week. The tions have of F. Huth & Co , or otherwise. generally, the ropes wey in shel rsons without Bebeay ands eae site soos, oy from seen Iam, very respectfully, your obedient servant #tanding or ea) ve been shown to have been trust- , . stock Ws 'Y) Your Ma. H. ASPINWALL, | ¢4 reflects almost as unfavorably on the ereditors as on | Stst the debtors. The Legislature of New Jersey has passed the follow. ing act for the punishment of an over er fraudulent issue of the stock of any incorporated company :— Be it enacted by the Senate and General A: the State of New Jerse Targeted On this hinges the maim point at issue in the whole business. Mr. Sherman agreed solemnly to two things: —lst, to convert the demand loan of Page & Bacon into permanent loan of six months, if Page & Bacon are thereby benefited so as to continue their business without interruption; 2d, to continue to pay the future drafts of Page & Bacon to the extent of $100,000, to be drawn im the ordmary course cf their business, &c., the same ales, terms six months,—H; half cheats at 37c.; 52'do 86; 32 do 8534; 108 do 8436; 45 do 34; 9 do 80; 10 do 28; 46 do 26: to apply to drafts not then advised, this engagement 25. ‘son Skin—15 chests 253; halt being without any éther reservation or qualification ee ernest en tnauaee per tog GO cberte 18; 82 do 16; 16 do tie ‘do ‘and 32 heli whatever. On the next day $80,000 only om such drafts | Gr other evidence of the ownership or transfor of: any | Cheeta 0; 2b doand 12 halt chests 1234. ye against this $100,000 were presented, one of $50,000 in favor of the Bank of Missouri, and others to the amount of $30,000, all drawn ‘‘ in the ordinary course of thelr business” on the 12th of January. Mr. Sherman be- ho shall wilful, ealgued iy ie, omith intent or who an sign, ‘to issue, transfer, sell or pledge, poe 0 be issued, transferred, sold or pledged, any certificate or other evi- dence of the ownership of transfer of any share or ‘7_ do 18; & Scuchon a do 20, Oo! 164 do 28; 42 G0 27. Im 85; 67 do'8134; 47 do 81; 20 do 303; 28; 78 do 27; 70 do and 293 boxes ib chests shares in such corporat or any instrument purport- came again alarmed, and sent far Mr, Bacon, and begged | S010 bs 3 cartifioate or other evidenos of suely ovaer to be released from his written contract of the | gj ip or transfer, the signing, issuing, transferring, sell- day before. ta Bacon told him that the tning was ing i pledging of = "ee such goon vice presi- im} ridic 4 nt rec cashier, treasurer, secre’ or other ateply ne Ane Weak he Dek Aad eneagh cot | SS shall not. be autliorized by the charter such work; that there was the agreement, and it must be abided by; that he would take care of all beyond the contract. Mr. Aspinwall was semt for, and his ideas were the same as to the plain aad unequivocal duty and obligations of Duncan, Sherman & Co., and himself un- der the contract. Mr. Bacon left, fully assured in his own mind that there eould be but one course, amd that was the payments as agreed, and continued his pre- parations to leave for [St. Louis that afternoon, to ar- range for all future drafts, when, to his utter astonish- ment, at 20 minutes to 3 o’clock, he was informed by one of the émployés of the house that Mr. Sherman had determined to repudiate his contract and protest the paper he had obligated and pledged himself to protect. cases ant te chests 35; 284 do 84; 82 do 33; 40 do 32; 43 28%; 178 db 28; 262 do 27; 141 do 26; 79 do 25: 102 do 2434; 68 do 24; 167 do 28: 144 do 20%; 29'do 20; 59'do 1834; 50 Retail Prices of Farm Produce at Washing- ton Market. and by-laws of such corporation, or by some amendment mack ‘and every such pane ed view president, di- rector, cashier, treasurer, secretary, or ir officer or agent, who shall wilfully, demgnedly, and frauiulently issue, , sell or lodge any such ificate, or other evidence, or any such instrument as aforesaid, with intent to prejudice, injure, damage or detraud any qemon or peers, bade ic or corporate, shall be jeemed g ee high misdemeanor, and on conviction ‘dollars, thereof s1 fime not exceeding three thenene rg by ar ne con ta ree | We bave at length the pleasure ef ansouncing a de. apy term not exeseding ten years, or both. crease in the price of meat. Beef has receded one and set shail take effect immediately. > ‘wo cents per pound. Veal is alsomuch cheaper. There ‘The annexed statement exhibits the quantity and | is at present large quantities of meat in market. Poul- value of foreign ary goods entered at this port for con- | try and game is quite scarce, and consequently dear. sumption, for warehouse, and also the withdrawats | Fish is plenty and cheap. Good North river shad from warhouse, during the week ending and includivg | now be bought for from thirty to This was the first moment Mr. Bacon knew of this phase 7 uantities of spring vegetables are in market, of the affair, this breach of plighted faith and | "MOMMY SPN ISB ey areas yet quite dear. Nga, butter and shell Ath henor, which, among business men, is consider emain at prices quoted last week. The following lst has been carefully ed more sacred than all others, Messrs. Duncan ery Sherman & Co., failed to fulfil @ written oblige’ tion to pay a certain sum of money, and the consequence was that Page & Bacon’s paper was pro- tested, and the odium thrown upon parties where it did not belong. Whitewash it as they may, use Albany ethica and tactics as well, these are the facts, and all the special phading of the Regency cannot controvert them. It avails nothing to set up the paltry excuse that the sum was, in their after opinion, inadequate, &. ; that was not their business or im their contract. After events have shown that it was enough, for no more érafts came forward, and even at thé moment they put im this false plea, they received a telegraphic depatch from New Orleans stating that $40,000 was on the way to them for the account of Page & Bacon, and within a fow weeks of the time, Page, Bacon & Co, hada large surplus here, which more than made geed every pro- Total value put on the market... $608,161 A slight improvement is observable im the demand for seasonable articles in the dry goods line this week, but no particularly favorable change is discernable im prices. ‘The country dealers have been busier in procuring sup- plies, which they desire to get home with as early as facilities for doing so are more afforded, by the resumption of internal navigation; and losal job- bern have bought a little more liberally, in order to per- fect assortments that had been broken by the execution of orders from their customers, and in order to meet the * ISIIIIIIS8isi ails BIS SBSESAIESIS BSBSKSSSSersssakl s ‘The deposits of the precious metals for the correspond. pores vas ose ris “ ee sit « 6 38 ing three months of 1854 and 1865, were— $7000 Smoked salmon, per Ib. 14000 codfish, TS od ss 2 1 8sgg s —Showing a total decrease this year of $6,210,579 in the the precious metals, of which $6,071,170 was gold, and $1,189,40¢ silver. This decrease in the gold is exclusive of the February receipts from the New York Aseay office, amounting to $1,029,130, The annexed statement exhibite the penditures of the New Haven and New Company for the year just elosea:— Naw Haven anv New Lowpon Rarmnosp. ee © SIPSILISIEIRSIIISISS8 Rsssss LILIEIAILISel ry ry a a s a recurring wants of these. Hence the increased animation, a0 mise and representation on their part. which has been without any positive influence om prices, a0 The annexed statement exhibits the operations of the | Frown and bleached sheetings and shirtings have been a0 ‘United States Mint at Philadelphia fer March, and the im moderate request, at steady prices, Canton fisnnels isl gy tolel soe the Reet-quassen-et 100ber~ are quiet, but otherwise umehanged. Denims, drills ens and duck remain about the samo, There is s little 160 a3 more doing in ginghams and lawns, at, however, unim. 13 4 113% proved rates. Osnaburgs are sparingly purchased at 150 a1 larguid prices. Pnnting cloths and prints appear 10 al about the sanfe, Stripes and tieks are dull and heavy. hed ae 6 Woollen goods exhibit rather more activity, but no eee change in value. There is but little doing in blankets. — a Cassimeres are less getive, but steady. Cloths attract ’ & é oa 18,000 =~ 58, rather more attent/on, but are languid in price, Doesking | Wig ducts, per 062 2 0 £2,060 00 phen hd eee bs are celling in 9 small way at full rates. Flannels, jeans, | Grouse, Re pair 10 al 311,000 00 84,000 00 | and linseys are pretty freely offered, but in slack‘request, Englien nipe, per — s 62% —— ——_. —-—_| ani, if anything, favor buyers, Mouslin de laines dis- Shad, ji 90 8 tO Total silver.... $949,000 00 $41,000 00 $300,000.00 | S14) no improvement, fatinets and tweeds are cnsen- | arc’ “™P." 22) 58 Copper... 5,175 86 5,175 85 Gsans. : Bahbut? 39 8 0— a cece cms. |i } toad Total coinage ..$8,207,070 00 $880,200 86 $0,007,290 65 | Foreign productions are in moderate demand, at steady | Smelis, ie he In 1884... 799,286 88 4,406,622 17 12,265,857 65 | rates, where they suit the taste of buyers. Thisisrather | pickerel, « a pags ee ; consequence, the business is ra- “ 8 8 Tecrease, 1855. — $3,577,865 22 $3,168,620 70 pray lore ma Langa ppt haygpto phd Ean” “ 10 20 Increace, 1865. $408,784 62 = = |e ee eee ve ee A siameron: | Be “ on 1d deposited for the month of March was— Ray adr Flounders 6 8 Tne gold depo ture are sold without reserve to the highest bidder, who | Hounder Ss Frem California, a e course, rea y From other source 5,000 | is unfavorsble to fi but this had been anticipated, | Salt shad, { 4x6 ———— | and there is but little disappointment, We can notice arg a mackerel (i 38 Total gold deposits $128,000 | no change in other particulars. ee seh facie: a Bilver purchase 136, = nad jongties, Fe me Soused salmon, per cai 00 ® a a a a r ry s a a ry a a and ex. Railroad ecooceeoo * S8SSSeus4sesl sl e * Na z mi 3 - 5e3f ¢ ~ Ses3s8s im gx9s 38S lellibile i adopted ‘dest terme for sili crseatuce tee Goring kee Tratee that all the suite ean ean 3 3233333 it one ia treet ta fered Rati wie cesta pl a Mhrough route between Now Hia- ‘yen and Boston, which will greatly benefit the road. ‘The annexed statement exhibits the quantity of coal transported over the Oumberland and Pennsylvania Rail- youd during the week ending on Saturday, april 7; also & st 3 3283 SESEIE BBs: bane s3ss

Other pages from this issue: