The New York Herald Newspaper, December 7, 1857, Page 2

2 NEW YORK HERALD, MONDAY, DECEMBER 7, 1857. IMPORTANT TOBACCO CONVENTION. Meeting of the Virginia and North Carol! Tobacco Manufacturers at Richmond. SPECIAL REPORT FOR THE HERALD. RicumonD, Va. Dee. 3, 1857. A Convention of the Virginia and North Carolina | tobacco manufacturers assembled in this city to-day, | in pursuance of a call made by the manufacturers of | Lynobburg, in the early part of last month. The in- | timate association of New York with Virginia in this branch of commerce, suggested to me the pro- priety of furnishing you with a full report of the Proceedings of this Convention, the main object of whose proceedings is to regulate the system of ore- ita which will govern their operations in the future. The Convention met at 11 o'clock, A. M., and or- ganized by appointing Col. Maurice Langhorne, of Lynehburg, temporary chairman. ‘The Colonel begged to be excused from serving, on the ground of impaired vision and a want of inti- mate acquaintance with parliamentary rules. After & request, however, from one or two members of the Convention, asking that he would serve pending the permanent organization of the body, he agreed to do 80. On motion of Mr. Ronert A. Mayo, of Richmond, a committee on permanent or- ganization, consisting of the following names, was appointed:—D. B. Tennant, of Petersburg; Micagah Davis, of Liberty; D. W. Benton, of Lynchburg; James A. Scott and C. P. Ward, of Richmond. The committee, after a brief recess, returned and reported the following officers of the Convention:— President.—Colouel Maurice Langhorne, of Lynchburg. Vice Presidents.—Edward H. Osborne, of Peters- burg; Geo. A. Smith, of North Carolina; James H. Egy of Richmond; and Wm. T. Sutherlin, of Dan- ville. Secretaries.—P. H. Butler, of Richmond; and John M. Reese, of Liberty. Jonn W. Arkinson, of Richmond, moved that a be appointed to prepare business for the Convention. The motion was agreed to. Before any action was taken under the foregoing resolution, Mr. Mayo, of of first ascertain hmond, suggested the propriety who were the delegates present, and what plac’ re represented. He deemed this preliminary necessary to enable the chairto act more understanding!y witli reference to the appointment of committees He then moved that the delegates present report their measures to the Secretaries. | may deal, ‘The motion was agreed to. While that duty was being discharged, | Mr. Avxinsos. of Richmond, said that in-view of the long delay resulting from the enrollment of the | names, he would move, in order to economise time, | that a committee of ten be appointed to prepare | business for the Convention, the same to be chosen as far as possible with due regurd to the peculiar im- portauce, in a manufacturing point of view, of the | places represented. The motion was agreed t mittee appointed: —J. W. Av | and A. ii omas, of Richmond; Wm. M. Davis and James F. Payne, of Linchburg; Wm. G. Sutherlin, of Danville; John A. Graves, of North Carolina; E. H. Osvorne, of Petersburg; M. Davis, of Liberty; George W. Palmore, of Cumberland. Ou motion of Mr. ATKINSON, the President of the | Convention was made chairman of the committee. On motion of MicaGan Davis, of Liberty, a com- mittee of ten was appointed to fix the basis of voting. The following are the names of that com- mittee:—R. A. uae Wm. J. Yarborough, T. C. 8. Fei ,R.H.K npebary, Alex. Jordan, W. White, leadeaville; D. W. Burton, P. H. Jackson, Joseph Zayiee, of Petersburg; and H. B. Dickinson, of Rich- mond. At this stage of the proceedings the Committee on Business returned, when Mr. George A. Smith, of North Cvrolina, took the chair. ‘The list of delegates having been completed, it was read out by one of the Secretaries, when it was as- certained that Lynchburg had thirteen delegates present; Liberty, five; Petersburg, eleven; Richmond, sixty-four; North Carolina, three; Cumberland, one; Meadesville, one; Danville, one; Farmville; one— making « total of one hundred. On motion of Mr. SoTHERLIN, it was ordered that when the Convention adjourn it adjourns to meet again at 4 P. M., when it was understood the Com- mittee on Business would be prepared to report. ©n motion of Mr. Barney, of Richmond, the Con- vention then adjourned. + EVENING SESSION The Convention reassembled at the appointed hour, when Mr. Mayo, of Richmond, from the com mittee appointed to fix a basis for voting, submitted the following report, which was agreed to: — Each manufacturing establishment of tobace> shall be entitled to one vote, us follows:—Rich- mond shal! be entitled to 60; Lynchburg, 40; Petersburg, 20; Farmsville, 4; Bedford county, 1 Granville, N. C. Clarksville, Danville an tt sylvania counties, 25; Milton, N. C., 5; Yanceyville, N.C., 3; Patrick county, Va. ; Franklin county, —; Roanoke county, 35 Ralifax,—. Any town or county which has been overlooked shall be entitled to the same basis of | representation. The blanks in the report were in- and the following com- jinsou, John S. Walker ‘and | but unworthy the confidence or tended to be filled by the delegates from the respec: tive counties named therein, who might have known | the number of manufacturing establishments in each county. Some of these, however, were not repre- sented. Col. Mavrice Laxonorsr, from the committee ap pointed to prepare business for the Coavention, then submitted the following report:— REPORT OF THE COMM: KE ON BUSINESS. We are el of each other as to various of manufactued to bacco, which is : ed as seriously militating devin Pp cs oY turers, and Ww may bo suggested hy an int rison of expenses of the manuf ennins Among the more prominent of thm which the tobaceo trade is subject amd one which, reformatory ow perhaps, calis more loudly for action than others, from the fact that most other their origin to its existence, ts the credit usually allowed to purchasers of manufactured tobacco in almost all Of the important markets of the country. As the subject has been g@ahoroughly discussed in the newspapers, and being aisoone which every member of this body is presum- €4 to be familiar with in all of its details and benrings, it is not deemed necessary now to enter into a full and formal rehearsal of the long array of facts and arguments which | might be adduced wo pr that usage is justly re- garded as a serious grievance, pot only to the manufac turers, but that it is equally disastrous in its effects upon the general commerce of the State; bat it may, however. be necessary, in presenting the views submitted below, to allude in general terms and by way of elucidation, to some of the more prominent, which we shall eadeavor to do as succintly as possible The agents for the sale of manufactured tobacco in the great and controlling market of New York, have recently and ip concert entered into a compart to litnit their fgtare sales to #ix months’ credit, which certainly isa greaf and won, we feel not the measure of relief man’, or one which will spon that footing of equality in the tey which is necessary to its pros important concession in the right di constrained to deciare that it \ perity, and whi humbly conceive its importance de- | mands a The value of tobacco manufactured in Virginia an’ the North Carolina contiguous to it is estimated at nicen millions ofdtollars annually, much to the cities of Bal and New Orleans jobbers and wholesale » the demands ef con portions of from fifteen to et or which deman a can discover an clement ft even six m many of them pa obtain more than a of four months at furtl tobacco i# almost invaria OF upon 4 credit never exces we can imagine no earth a and North Caro to pay dowr money f that enters into the the wholesale capital of fre from two to four expecially when it ne modity, hor is needed by b cost of it In the infancy of the tobacco t commercial intercourse and transpor tedious and expensive, there w for longer credits than exist difficulties are now overcome Of steam, the necessity began the introduction of the now rendered commercial trancit and Apecdy and cheap a to create @ nacessit revolution it almost all of the aucient us Many branches of the business of the country have ready adapted their operations to the new order of things and there is reason why the tobacco trate should not be pw pon a similar footing. The great primary cause for long eredité having beea removed, a eapon ding effect should unquestionably resait e long credta allowet npon the sale of the Products of unqnestional or greatest: mavufacturing wmiereets & one of the chief aot in trath the chief cause of the ever recurring outside pressure of exchanges againet the banking institutions of Virginia; for it must be apparent to every in anywise familiar with the | commerce of the States, that \ her maunfactared tobacoo | ‘was equitably sold in mnarket, or in other words, ff it were sold wpon the same average terms that her mer chants have to submit to in making their purchases, the net proceeds would at all tenes be amply tufflcient to pay for the entire amoum of imports cunsumed by her people There u one fact in this connection whioh has tot been noticed, we believe, in any of the publ cussions of | the subject, and which we think of itself den qooluaiyely thie wevgssity of We proposed red mt equalization of credits upon tobacco, It has for past been the custom with many dealers in the Northern and Southern cities, who are hard pressed for money, and sometimes even in fuiling circumatances, to avail themselves of the disparity in crodits allowed upon tobacco and other articles in which they to use the former as a financiering basis to enable them to raise means to meet immediate Ped pressing Labitiies, in preference, or from their ina- pility, to negotiate in ay. of tobacco are made at full prices upon the credits, which are forthwith again thrown upon the market, through interposition of brokers, sold either for cash Or upon a credit within a ne , at prices not ‘only greatly below cost, but often so much lower than the manufacturer can afford to make it for, as to itin the power ofa third ‘not only to undersell o manu- facturer, but ac’ better profit than he would do at as full prices. ‘This isa sorious, wide spread, fae a ey redoong once ry re othor manufactured ities of x Resolved, That all agents for ia sale of Virginia and be, and they are upon all sales of North Carolina manufactured tobacco, hereby, required to limit their credite ‘such tobacco, made on and after the first day of July next, to four months. ‘WRIGHTS. Among other objectionable usages which prevail in the selling of manufactured tobacco in many markets, and os- pee in the Northern markets, is that of making an al- jowance of from one to five pounds per in weigh- ing to the purchasers; and it not that an additional allowance of from one to two pounds per package is made in the tares, aud which is usually designated in the trade as “‘extratare.”” Either allowance ig not only ynjust and unnecessary in itself, -Dut is an- nually the source of immense loss to the manufac- turers. Resolved, That infuture, agents for je of manufac- tured tobacoo, on account of Virginia and Ni Carolina manufacturers, shall make no allowances for actual weights of the tobacco sold by them, or in excess of the actual tares of the package containing it. NAMES OF PURCHASERS. ‘The custom of stating the names of purchasers of manu- factured tobacco in accounts of sales rendered has long been discontinued by nearly all of the principal agents of the country, and’as such omission may, if in truth, it has not already been made the cover for the dishonest prac- tices of unprincipled agents, we deem it due to our safety , as it most unquestionably is our right, toJ insist upon the restoration of a custom which is not only a source of satis- faction to the manufacturer, but constitutes a safeguard to him against fraud and dishonest practices. Honest agents can have no reasonable ground of objection to its restora- tion, while it is obviously asalutary and indispensable check upon those who are not. Resolved, That all tobacco agents in future be required to state the names of their purchasers in their account sales rendered. AGENTS DEALING ON THKIR OWN ACCOUNT. The of speculating in tobacco on gelf account by agents, is one of growing magnitude, and is fraught with in, jury to the manufacturers. It cannot otherwise than be characterized as a fiagrant and wanton breach of faith on the part of the agent towards his prin- "and should always be severely reprehended and ountenanced by fair dealing merchants. The agent pe dis | should ever hold auch a position toward his principal as will constitute him a safe and reliable guardian of so much f his interest as may be entrusted to hiv keeping; but ver he becomes a dealer in the very commodity ch he professes to sell in a secondary capacity. he at assumes a position so directly antagoni-tic to his con or as constitutes him his most formidable aud ¢ ‘ompetitor in market, and is thereby ret ous only unfit to properly perform the function dit of his prin Resolved, That the practice of dealing in m: tobacco, on'their own account, by agents, is in U degree reprehensible and should be discow very reasonable way by the manu future he will consign no tobacco to be in the habit of dealing or speculating thercin on thew own account, FRAUDULENT BRANDS. ‘The course pursued by many of the Western manufac- turers, of branding the name of some Virgiuia or North Carolitia manufacturers, and not unfrequently the name of some ef the principal manufacturing towns, as well as the name of the State, upon their packages, is an evil of no inconsiderable magnitude. To arrest this evil, the tobac- co manufacturers of Virginia and North Carolina, and the agents also whom they employ in the sale of their tobac- 00, should feel themselves called upon by every consider- ation of justice and fair dealing, not to themselves, but equally so to the consumers of manufactured tobacco throughout the United States. By this dishonest device, the Western manufacturers have made the Teputa- tion and acknowledged superiority of Virginia tobacco one of the principal means of suj Virginia manufac- tures. Their sales have been diminished and the reputa- tion of their brands made to suffer by an inferior Wes- tern article being sold to their customers as Virginia tobacco, which would not have been purchased at all if its true characser had been known. Awrong is thus done to their customers as well aa themselves. We think that the Congress of the United States should render us that protection in the pro- mises which it alone has the power effectually to extend- therefore, Resolved, That our Senators and representativs# in Con grees be requested to use theirfefforts to have @ law pass- ed making it felony for the manufacturers and dealers of tobacco in any one State to use the name of any other manufacturer, or the name of any other State, or any other ‘own or district in another State, in their to- bacco. Resolved, That in consideration of the lessened time, and consequent diminished risk, we will allow a commis- s‘on and guarantee of 63¢c. on account to our agents on all manufactured tobacco consigned to and sold by them. Resolved, That all sales made by factors to manufac- turers shoud be rendered in account sales to the latter precisely upon the terms on which such sales were ef- fected. Resolved, That no manufactured tobacco shall be in sured to keep in sound order ‘or a longer time than ten days from date of sale, unless such insurance or guarantee is made by the factor at bis own risk i Resolved, That all sales guaranteed should be cashed by the guarantor, after deducting the interest from the dato of settlement to maturity of sale. Resolved, That we pledge ourselves, the one to the other, and one and all, upon our sacred honor, to abide by each And singular of the foregoing resolutions, and that | ship to no agent or factor who will not conform to him or them. CHARGES, Te. The charges to which sales of manufactured tobacco are usually subject also merit our seriogs consideration. When there was an apparent necessity for gtving eight, | ten, and not unfrequently twelve months credit upon sales of tobacco, it Was not unreasonable that a rate of guarantee and commission should have been charged proportioned to the lengthened risk. The rate then charged, which was a very liberal one for the jongest time named above, has remained un changed, notwithstanding the term of credit bas at diffe. boon reduced from twelve to six months, and that no change i# contemplated by the ageats ‘and commission charged upon sales of to bacco docs now, and has, we believe, always exceeded that charged upon any other commodity sold in the coun- try, while we feel safe in affirming that the risk to the to bacco agent is, and has always been, much less than that of any other class of agents. As before stated, his vest and largest customers are the wholesale grceers, who are generally anf jnstly regarded as the safest ani most sol- vent Class of merchants in the country. During the late financial revulsion, when house after house 4 in other branches of trade, and whose credit and solvency were hitherto deemed invulnerable to any assault that could be made upon them, were borne down by erushing force of the storm, the wholesale grocers with but rare exceptions, withstood each successive shock, and triomphantly outrode it. We are therefore clearly of opinion that the present rate of and commission is much too high, and should be ed not only as to the lessened risk as to time, but be no higher than is cuarged upon sales of other manufactured articles. While apon the subject of guaranty, we beg farther to remark that the theory of guarantee asp by to. bacco agents is not only wrong in principle, but amounts to a species of “ black mail’’ levied upon our 5 inasmuch as the charge made under that title is in a ma- jority of instances @ mere gratuity to the agent, for as far ‘as the manufacture is concerned |t constitutes scarcely any indemnity whatever to him et loss, as by far the greater proportion of losses have been visited upon manufacturers has reaulted, not so much from our tobacco not having been paid for by the pur- chaser, as from the eT and — unfaith- fulness of the agent; and if the proceeds of our sales had alwa as both in law and equity they ought to have been held sacred either to the payment of our drafte, of, in their absence, to our de- mand. instead of having beed squandered by the agent in Outside operations on bis own account, our losses in the: past would have been a mere bagatelle, for it is seldom indeed that a tobacco agent wo confines himself to the legitimate operations of bis own business, ever accumu. lates a sufficient amount of loss to cause his failure. We are clearly of — that it should be required in re, that when sales are guaranteed this trade, as in all ot they should either be cashed by the guarantor, or else the paper received therefor with the guarantor's endorse. ment thereon ehould at once be turned over to the con. aicror, or otherwise held sacred to bie use and benefit. This alone i* guarantee in its original intent and meaning and is sanctioned by equity and the usages of a well rega lated coum minor charges, such as advertising, re insurance, &c., which, to the ex ing generally made greatly in excess of the to the agent, onstrained to regard as ch should certainly never exceed the agent NRW YORK MRORRRS. It may not be out of place here to offer a fow suggestions erence to an appendage of the New York tobacco rket, known by the name of brokers—a body of float- agents, through whose intervention most t letter from a highly re: tual cost to t of the sales a spectabie city thas describes ther tno in the tobacco mar ket —“They have been employed by the grocers in keep: 1 prices down to the lowest practicable limits, forcing agente to bid against ench other for the sale of the grade of tobacco inquired for. The broker collects the samples with the prices affixed, submits them to the grocer, and the agent making the sale pays in cash one per ; ‘This is all wrong, and we each individually erage t # a “black mail” levied upon us yet the system has worked so much to the advantage of the grocers that many of them will only buy such tobacons a ar Submitted for their examination by the broker; or if th: call in person aud make a trade, they tell us, “you pay euch aone the brokerage.” This, certainly, is about fs cool @ pieoe of effrontery as could well obtain among sensible and intelligent men, and the wonder is how such Fagaciou® inen as the New York agents generally are, ever should have submitted to it in @ single instance. It may | possibly be regarded as a matter with which we have no | right to int fere,and that its adjustment should proper! ry agent and his castomers; But we feel we have the Aight at least to urge that if the agent were te Heved of this fagrantly unjust tax it would at once enable him to iessen to that etent the oaerous burtuen of charges pan our sales. Resolved, That agente be, and are horeby, requested to Lspouse with the miter vention of brokers ui waking the resolutions, 80 far as the same may be applicable to | future sales, believing as we do that the expense thereby incurred is ‘not only unnecessary, but that it is unjust, wrbolly on the side of the purchaser, are xa antagonian 0 wi the interests of both manufacturer ahd agent On motion of Mr. Mayo, of Richmond, the fore- going report was received. Mr. ATKINSON, its than were r by the resolution as reported. mark still more appreciation of the dispostion which they manifested in the way of reform, he would move to strike out the word “required” in the reso- Intion, and Insert therefor the word ‘‘request.” He thought they had no right to yequire anything of Mr. Arxrnson, of Richmond, said that when that resolution came up in committee he made the same ye that he waged in this instance. He (Mr. A.) should differ with him when he said that they could not “require” such terms as were indicated in the resolution; for he would remark that it is a right which every principal enjoys in reference to his agent. Meanwhile, as he had come there ina spirit of compromise, in common with many other members, if not all who composed that Convention, he would willingly agree to the gentleman’s amend- ment, and he trusted it would be the sense of that body so to do, and pass the resolution unanimously. r. Mayo contended that the amendment offered by Mr. Walker was out of order pending his motion to strike out and insert. Mr. Grtmore, of Richmond, suggested to Mr. Mayo the propriety of his agreeing to fix the Ist of March instead of January, as the period when the four month system of credit should be enforced. Mr. Mayo agreed to accept that amendment or suggestion. Mr. A. Tuomas, of Richmond, thought the Conven- tion had not sufficiently reflected. upon the matter under consideration. He was sure it would be con- ceded that trade was now much depressed, and uo doubt it is capable of still greater depression. There are a vast amount of acceptances still unpaid, and by the very plan now proposed—that is, a reduction of the time allowed in th: ‘olution—property would be sacrificed more than it has been. In addition to that consideration, it was necessary, in order to carry an infinence to the Northern market. that they should act in this market with unanimity They had evidence, from the Northern agents, of “a disposition to reform in their reduction of the time of credits 20 per cent—that is, from eight to six months—and it was not for them to embarrass them further. He was in favor of the resolution, as it was reported by the committee. e question was then put on striking out the Ist of July, and was lost The question then recurred on striking out the word “required,” according to the motion of Mr. Walker, and was decided in the negative. The preamble and resolution were then adopted as go ‘he report of the Committee on Weights, &c., was then taken up and agreed to. The next report in order—that in regard to furnish- ing the names of purchasers in account sales—was also agreed to, with the accompanying resolution. ‘The other reports and resolutions were ne save that proposing to bind the delegates on a pledge of honor to abide by the resolutions, which was withdrawn—many present Leak expressed their dissent from the obligation which it imposed. A brief debate ensued upon the necessity of some such binding influence as that resolution was sup- d to embody, and the mover of it in Committee, ir. Atkinson, was again induced to renew it. But upon his doing so, there was an evident disposition among many of the members to retire, and he was again induced to withdraw it. Many had openly avowed their unwilli to such an unqualified ingness approval of all that transpired as that resolution en- | advocated its adoption. | joined, while others ag Mr. Micacan Davis, o' Vibert: then offered the following pream! which were agreed to:— AGENTS, To moving for the proposed reforms in the tobacco trade, we feel it due, both to agents and ourselves, to de- clare that we are actuated by no desire or intention of forcing upon the former unreasonable or unnecessary exactions, and that our sole aim is to place our business upon a footing of equality in the market with the other manufactured commodities of the country, as to charges upon sales, and to relieve it of certain and in fluences which our past costly experience has clearly de- monstrated to be, either unjust, unnecessary and oppres- sive burthens upon, or in dangerous antagoniam to it. We further declare, that in exposing what we believe to be the greivances which beset the tol trade, nothing has been further from our purpose than to cast im- putations of dishonor upon agents, and that such of our strictures as may have a bearing in that | way are intended not ‘for them, but for their system of business, which truth compels us to state we believe to be radically wrong, aud justly liable to all the reforms we have proposed. Nor is it our intention | or desire either to increase or change our present agents. | Many of them we know to be men of the highest honor | and probity, and, we believe, need but to be convinced of error to cheerfully acquiesce in all the proposed c! which their judgments may decide to be in accordance | with justice ‘and right, We, therefore, most earnestly ask ai their hands acalm and careful examination of the changes we have proposed, not for a moment doubting that if convinced of their reasonableness and justice, that wey will at once accede to them and do all that lice within their power to make them effectual or ifjon the other hand, their judgments ¢ some or all of these changes, that they can give good and sufficient reasons therefor BResolved, That copies of the proceedings of thia Conven- tion be submitted to each of the agents for the sale of ma. nufactured tobacco in the United states, with the request that the agents in every city aud town would hold meet. ings to determine upon their acceptance of the various changes proposed, and if accepted, to make their ac- ce known to the manufacturers, and at the same time make it effectual and binding among themselves. One thousend copies of the proceedings were then — to be printed, for which a subscription was taken up. A resolution of thanks to John P. Ballard, Eaq., say apr of the Exchange Hotel and Ballard House, for his courtesy in giving the Convention free use of @ hall, was then passed, and the Convention adjourn- ed sine die at 8 c’clock P. M. Bedtord county ie aud resolution, Parisian Gossip. {Translated from the Courrier de Paris, Nov. 16, for the . New York Heratp. There is a great deal said about the forthcoming ar- rival of a rich American and his daughter, the beautiful Cecilia R—on. Mrs. Cecilia Ron is a splendid beauty; she is 28 years of age, and a widow. Her husband, one of the richest inhabitants of New York, was killed three = ago by a railway accident. Being rich on her mather’s side, as also by the inheritance of her husband Mrs. Cecilia is perhaps the best match in the Unit States. But she hates the Americans, teased by their courtships, and weary of dragging always bebind her a ro- nue of Yankees, she comes to live in Paris. She will open her house this winter, and give splendid entertainments Mrs. Cecilia is sumptoously faabionable, She spends at her toilet a budget exceeding that of the largest city of France, Paris excepted. Her expenses are computed by millions. She has already been three times in Paris, but only stopped here afew weeks to make purchases which she did not want to intrust to anybody. She boughteach time so many things,s0 many hats, so many dresses, so many ehawis, #0 many laces, so many gloves, so many shoes, that people could not believe that all those goo is wore for her own ase, in the Parisian stores, where she is well known. She has always been thought to be the owner of a large madeom de nowveautis of New York New York i the city of the world where the ladies go to the greatest expense for their toilet, yes, it is tn the republican city, par exrellence, that luxury has attained the extreme limit of ite expansion, Will you have an idea of that luzury by official statistics? Here are the figures: — During the fiscal year ending on the 20th of July, 1857, the value of imports in the United States amounted to $914,670,492, of which $43,024.558 was for articles of ladies’ toilet. More than one-third of that amount has been spent by the ladies of New York. Forty four millions of dotlars |—that ix to say, nearly the prodace of the California mines during a year! This amount of forty-four millions would have been more than sufft cient t# prevent the American crisis. Out of these forty four millions of dollars, $31,271,766 have been paid for silks; $6,376,853 for laces and embroideries: $2,529.77 for shawls; $1,934,550 for gloves: $867,731 for furs $844,600 for jewelry, $1,395,247 for silk and woollert staffs, $31,211,766 for silks, is, as you see, a reapeetabie amount. Thanks to the developement of the crinoline, the United States have spent two millions more for silks than for sngar. The usury of the Ameriaan ladies is unheard of (ine) Nothing is more common than to see an American lady travelling with baggage varying from twenty to fifty packages. Three or four ladies are enough to load a ship. In apy other part of the world there is not « prin cess, not & queen who travels with such a train (altirail) While the French and Kngilsh ladies have city twilete more simple and more modest when they are out walking, the American ladies would blush at that simplicity of good taste; they like to aweep the sidewalks with samptuous silk Greases, with dresses of moiré, damas brochés, or velvet, coating more than a thousand france, and whieh are only worn here in a parior or in a carriage. One can judge by that of the luxury of Mrs Cecilia R—<on's wilet. In New York she bears the reputation of being the most fasinionable lady of the United States, and of spending the most money for her toilet, Rarely does she wear a dress three t even be it of velvet embroidered with pearls. She never wore one four times. The luxary of Mrs. Cicilia R——on is each that an American poet, who has remained anony mous, but is believed to be Mr. Butler, of New York, has written «poem about her under thefitle of “ Nothing to Wear; An Episode of Fashionable Life.’ General Wool and Jefferson Davis. Tror, N. Y., Nov. 27, 1867. ‘To mx Eprrox oF Tux FLAG or THe Usi0n, JacKson, Sir—There appeared in the Jackson Missisnppian, some time ago, a publication from the Hon. Jefferson Davis, which seems to require an answer. This would have been forthcoming at a much earlier date had it appeared im any paper likely to come under my observation. Not itin of the Ni there ry hey Pte ong pte ty ested a a ia Miasiariogs to seed mp a Hence the da ‘sttending the appearance’ of tho ap- ended sneer, wah 5 OBA regnees zoe 40.44 mo the or oe his indiserction and disrogard of char- 1, in its true colors, uso’ may be distasteful 18 himself OF must be ascribed to the possession of Jefferson Davis, his pre- the Ist of May, 1855, to the 4th of March 1850, I remarked, “Why Secreiary Davia refused to send me the sword I have not been informed. The letter of the Adjutant General indicated no wish or intention on the part of the Secretary, &."” In reply to these remarks every word of which is true, in his letter to the editor the Mississipian, he says:—"T can ouly say he indited a palpable and pitiable. fasehood.”” senatorial and courteous assertion comes at this time with an ill grace frém one who I proved, in a lotter addressed to him Janu- ary 20, 1865, was unworthy of his position of Secretary of War, as in his correspondence with me he neither’ re- spected truth, honor or courtesy. The 4th of January, 1854, I was honored, by resolution, with the thanks of Congress, accompanied with another requesting the President ‘to ‘cause a sword, with suitable devices, to be presented to me’ for services rendored in tho war with Mexico. A sword was made and sent to the War Department the Ist of May, 1855. On the 17th of September following, President Pierce informed me, by letter, that the sword had “recently been completed? and I would “receive it at an early day through the War Department.” It would seem from the use of the words “recently completed” that the President could not have been informed of its completion until about the 17th of September, more than four mouths and a half after its reception at the War De completion in deceasor, from partment. The question is presented, why did Secretary Davis re- «word which the President said I early day throngh the War Depart- cea ous assigued by the Secretary will be ivute letter of Colonel §. Cooper to me, dated her, 1855, more than two months after | Although a private * and ending with and sincerely yours,” containing no espectiully wvever that it emanated from or was writtea: | or desire of the Secretary } required practice of the Adjutant General in his Communications when seeking in formation of superior officer for higher authority, yet, knowing by sad expe that the Secretary preferred to accomplish his ends by crooked and ennning devices, rather than follow an honest, direct and straightforward course, I had my suspicions that he had something to do with Colonel Cooper's letter. My suspicions have been confirmed; for the Secretary says in his letter to the editor of the Mississippian that ii (Colonel Cooper’s letter) con- tained that which the ‘Adjutant Genera! could only have written by authority of the Secretary of War.” “Whom the Gods intend to destroy they first make mad.”” In admitting that he was the author of the Colonel's letter, be bas not exbibited his usual cunning. Prompted by a vindictive spirit, he overlooked his position, and placed himself in no enviable light before the podlic, by dictating to Colonel wr that which could not be true. He says:—‘ Since the ident’s letter to you in September last, efforte have been made to transmit to your headquarters the sword voted to you by Congress. Nosuch unity, however, has yet presented itself.’’ Who will believe the assertion? No one; especially those who have been to California, or who know that steamers leave New York for San Francisco twice in every month carrying pasrengers, iucluding oflicers and soldiers of the army, and property, public apd private, of the freatest value. He says:—* Efforts bave been made.”’ ‘hat ¢* forts did he make? None—for none were necessary. Au order from himn to transmit the sword was the only effort | required, when the opportunity would have presented it- | self and the sword would have reached its place of desti- bation. If the Secretary did not intend to treat me as other off cers had been treated in like cases, or as I was treated by | the Hon. John B. Floyd, he had only to direct the Quarter. master General or any One of his officers, or any officer of | the army. to forward the sword and I would have re ceived it by the first steamer that left New York carrying | passengers for San Francisco. More than thirty ofticere of the army, by orders from the War Department, arrived from the Kast, and reported to me in the de- partment of the Pacific, between the 17th of Sep- tember and the receipt of Col. Cooper's letter dated November 26, any one of whom I oe doubt would bave readily taken charge of the sword. number of them assured me they would have done so with pleasure. Or, if he preferred it, as suggested in his dictated letter, the Secretary had only to direct it to be sent by one of the express lines, one or two of which, at the time, left Washington city twice im every month for California, carrying packages direct to the place where my headquarters were established. Mader these circumstances, that the Secretary of War, now United States Senator from the State of Mississippi, in order to justify his refusal to send me the sword as pro- mised by President Pierce, should say, more than two months after the promise was made, that no ‘opportuni. ty had presented itself” by which he could send it to m headquarters, when his order for ite transmission was that was required to create the opportunity, is indeed sur- prising. Itcan only be accounted for by a most deter. mined and revengeful feeling which so far obscured his vision and blunted his cunning, as to make him overlook his position of Secretary of War and to cause him to make an assertion which every intelligent person must know is a “palpable and pitiable falsehood.” ith the facts presented, it scarcely seems necessary to farthor notice the letter dictated by the Secretary to Col, Cooper, or those addressed to the Hon. John B. Floyd and the editor of the Misssippian, The untrathful be ginning of the first is all sufficient to judge of the truthful. nes# of the remainder But why should the Secretary have written to me in the way he didon the subject of sending the sword to my headquarters? I had nothing whatever to do with the sword gntil it was properly placed in my poseession. It belonged to the President to direct the way and macner of its presentation. The Congress of the United States had requested the Prosi dent to cause a sword to be presented to me. The Pre- ident informed me that a sword was com pleted and that [ would “receive it an early day through the War Department.” With the knowledge of the existence of this letter what was the duty of the Secretary of War? Simply to send me the sword. If, however, he desired my opinion in regard to any other disposition of the sword than that designated by the President, in consequence of my ex- jeer return, as intimated in his recent letters, why did ¢ not inform me officially of the fact in the usual way, as required by the regulations of the army, and inquire in «uch a case whether the sword should sent tome in California, or deposited elsewhere than in the War De. partment, until I returned to New York? The position in which we previously stood each other forbade ‘any other than official communications between us. But such a course would have been too direct and straightfor- ward for Secretary Davis. If he bad adopted it, however, he would have been saved from the ition in degraded posit which he placed himself by his private and silly letter of November 26, 1856, the like of which, I will venture to as. sert, was never before written or dictated by any of his pre deceasors to a general officer. But did he expect my return? I dount it, from the fact that he refused, the Lith of No- vember, 1866, to comply with the application of Lieutenant 1 have me reliew by Brigadier General dered to the command of the Department of the Fast. Finally, 1 would observe that the sword voted to me by Congress was completed and received at the War Depart ment, May 1, 1865. On the 17th of September the Presi informed mo that it had been but “recently complet ‘and that I would “receive it at an early day throagh the War Department. The “early day" never arrived uring the administration of the department by Secretary Imvis. On the 26th of November, 1855, he informed me, us he says, through Col, Cooper, that it could not be sent (as promiged Dy the President) for the want of an oppor tunity, at the same time suggesting that the safest course would be to send it by one of the express lines. To this private letter I replied by referring Col. Cooper to the re. solutions of Cony , with the remark, that with thoee before me | would consider it highly improper to dictate inany manner the way and mode in which the sword should be presented. After the receipt of my reply the sword was kopt in the possession of Secretary Davis more than another year, and until he left the departmout, with out any reasons being assigned for bis still refusing to send it to my headquarters In conclusion, it may not be inappropriate to add to these remarks, that the conduct of the Hon. Jefferson Da. vis, Inte Secretary of War. in relation to the sword voted to tne by Congress was only in keeping with the course which he previously pursued towards me, and, as appears in hie letters, ostensibly for no other reason than that [ obeyed in 1854 his and the President's mandates to en- force the neutrality laws against all who might be en- gaged in ‘unlawful expeditions against the the territories of foreign Powers,”’ and “eepecially against those fitting out against the territories of Mexico.’ In the perform ance of these dutics T caused a number of persons for violating the laws to be arraigned before the tribunals of justice; among others was his darling friead, the Mlibus- ter, President Walker, of Lower California. Having failed to satisfy Secretary Davis in my first efforts to sustain the honor and dignity of the country, I requested a Senator to ask the Senate to call for the correspondence relating to the subject whith passed be. tween the Secretary of War and myself. The call was made on the 6th, and responded to on the 26th of December, 1864, On the 13th of December, 1864, eight days after the call had been eubmitted to the President, Secretary Davis addressed to me an efficial letéer, filled with the gromest misrepresentations of mye ‘as Commander of the Dey tof the Pacific, Without waiting for a reply, and although it was not embraced in the call, he sent this letter, with the correspondence, to the Senate of the United Stat Before, however, the correspondence was printed and had been laid upon the tales of the Senators, the Se cretary’s letter was published, with severe commets on myself, m the New York Times. Amore disgraceful pro cedure to forestall public opinion inst an officer for merely doing bis duty could scarcely be conceived, ant this, too, by a high fupctionsry of the government Toy a Secretary of War should avail himself of his official posi. | tion, led for, to officially misrepresent aud vilify officer miles distant, to the Senate of the inited States, for no other reason than that he obeyed his special instructions and the President's proclaination, without allowing him an equal opportunity of defending himself, surpasses belief. However strange it may ap- pear, itistrue. My oe ad of January 29, 1865, he neither noticed por published. From all of which may be dis covered the cause of the extraordinary course pursued by the Secretary in relation to the sword which President Pierce aid, ‘I would receive at an early day through the War 2 JOHN C, WOOL, United States Army. ‘THR NEW YORK STOCKHOLDERS NOMINATE A TICKET— THE (D.FOR ONE MORE DIRECTOR ABANDONED 1 REQUEST OF THE BOARD OF DIKECTORS BY THE STOCKHOLDERS—WHO CARRY THR KOAD IN THEIR BREECHES POCKETS ?—MORE HINTS AT 1M- | PROPER MANAGEMENT—RRFUBAL TO PASS A VOTE OF THANKS TO THE PRESENT BOARD OF DIRECTORS— | of the GRAND FLARE UP EXPECTED AT THE COMING ELEO- | TION OF A BOARD OF DIRECTORS—WHAT REFORMS | ARB WANTED—OUGHT SUPPLIES FOR THE COMPANY BE PURCHASED OF DIRECTORS !—INTERESTING COR: | RESPONDBNCE WITH MR. CORNING. An adjourned meeting of the New York stockholders of the New York Central Railroad Company was held at the rooms of the Continental Insurance Company on Saturday, at 12M., to hear tho final report of the committee appointed in view of the coming election of a Board of Directors. G. 8. Trimble, Fsq., officiated as Chairman, and James Gallatin, Psq., as Secretary. Mr, Taroporx Denon, chairman of the committee, pro- ceeded, upon the organization of the meeting, to read the report oa committes, including the’ names of | directors to be yoted for at the ensuing election on the 9th | of December, as follows, stating that the views of the committee might possibly be qualified as to one or more names :—John H. Cheddell, Auburn; Erastus — Al- | bany; Joseph Field, Rochester; John P. Moore, New York; | ‘Alonzo C. Paige, Schenectady; John V. L. Pruyn, Albany; Richmond Dean, Buffalo; J. L: Schoolcraft, Albany; Rus: sol Sage, Troy; J. 8. Seymour, Utica; N. ‘Hager, Boston; Isaac Townsend, New York: Horace White, Syracuse. Upon inquiry the committee stated that the new names were those of Mr. J. S. Seymour, of Utica, an old director, and Mr. J. P. Moore, of Now York, in place of Mr. Faile, ‘They also recommended that a suitable person be chosen to take these recommendations to Albany on Tuesday, with the proxies of those who wore unable to go. The re: port was then upon motion accepted and adopted. WHAT RRFORMS ARE DEMANDED. Mr. Joseph Batella then submitted, the following as the further result of the committee's labors, and recommend. ed its adoption :— To mim PResipxyt AND Dinsctors or vax New Yore Cex ‘RAL RAILROAD COMPANY — At a meeting of the stockholders in the city of New York, it was concluded to inform you of their views in re lation to several points of interest to all the stockholders, vize— 1. That in any one year no debt exceading $250,000 be incurred or contracted without the kuowledge aud consent of stockholders publicly convened 2. That no si!seription, endorsement or other implica- ' an adjourned the New York Central Railroad Company, and regret .tremely that we are deprived of Bis services, by his clination of a re-election. Kevolved, That the thanks of the stockholders be spectfully Lendered to the Directors of the ental surapee Company for the use of their room, Resolved, That when we do adjourn, we adjourn to m in Albany, on Wednesday , the th inst., to attend the nual clection for directors, to be held at the office of Company, and that the stockholders who cannot are requested to send their proxies to Edward G. Faile, some ether person. ‘A PLEA FOR THK DIRKQFORS AGAIN. Mr. Newron said that Mr. Faile was but ono out of teen directors, and it might be considered invidious single him out. ir. J. P. Moore thought that question would be opp ropriate at the Albany meeting. } Tesolutions as given above were passed mously. There would be a large att ‘of the country st holders, The m r some desultory conv tion, adjourned, to meet in Albany at the annual meet ‘THR COMMITTRE WITH MR. The following is the report of the committee, submit at the last meeting containing the correspondence Mr. Corning, of which an abstract was given in tho in the report of the eneions The committees appoi bnder the following resol inio emmasieration tna gletetone monet into consideration the el a the New York Central Railroad ibaa na deer i, on Thursday he Btn of Bac ing on Thur: e 8d day em. ver, 4 20Jock, to be held at Continental Insurance Con: paiiy, No. 18 Wall street.”” Adopted by the New York stockholders of the N York Central Railroad Company, at their meeting on tl 28th November last—respectfully report:— ‘That on the 28th day of November, they addressed Hon. Erastus Corning, President, the following letter:— Hox. Exasrus Cormina, Paesipgyt New York Cxnrn. RAILROAD Company, ALBANY :— Drak Sin—We have been appointed a committee und the annexed resolution, dat an assemblage of number of New York stockholders in the New York Coa. tral Railroad Company, over which George T. Trimble, Fsq., presided, James Gallatin, Esq., being appoint Secretary. ‘As preliminary toa meeting of said committee, on Tues next, at 2 o'clock, we would respectfully inquire wheth a list is made out of the proposed new directors, to be yoted for on the $th day of December, and if so,'will you oblige us with the names? If a list be not propared ox agreed upon, We woul respectfully inquire when we map| expect to receive the same? Our wish is to consider these! names and submit them to an adjourned meeting of Now! York stockholders for their consideration. Very respoot- fully, your obedient servants, THEODORE DEHON, JOHN P. MOORE, M. DELANO, SCHUYLER LIVIN GEORGE T. TROIE ‘ JAMES GALLATIN Under date December Ist, they response:— inted to. _ Committea. received the following| Sr. Nicuoas Horst, New York, Dec. 1, Tear. f tion be made with, or on account of any other company or individual 3. ‘That all pu hases for the use of the company be made by eof directors, or by agents duly aud specially aul ad by them. 4. That free tickets be discontinued except to the direc (a ors of this road. 5. That aa auditing committee pass upon all bills and | certify to their correctness beiore being presented to the Treasurer for payment, and who shall not pay any bill without such previous certificate. 6. That a committee of tive stockholders (not direc- tors) shall annully, at least twenty days before an eloc- tion for directors, exuinine the accounts, and may employ at the expense of the company, to aid them in said ex- amination, two well queliied accountants, and the said committee shall report to a meeting of stockholders, to be held in the city of Albany at leastten days before the next exection, at which meeting the names of stockholders proposed to be voted for as directors shall be submitted nd approved by the said meeting. Mr dawmexcs ‘suggested that some of these provisions might be incorporated in the charter, and should be to make them of any legal benefit. It seemed to him that it would be practicable to make a division of the vast re- ceipts of these coupons oftener than twice a year. Here were more than $6,000,000 a year received—a very large amount, indeed, remaining in whose hands he could never understand. Probably they were deposited in some bank, nnder the supervision of some of the directors or of the company. It seemed to him that the division could be made of them, and be thought that quarterly or tri-yearly payments would be desirable. Mr. Dxnon thought it would be better to consult with the directors about that. AFRAID OF THE LRGISLATURE. A SrockioLpeR thought it would be bad policy to go to the Legislature, for if that body once got hold of this com- pany there would be no knowing where it would end (?) He was satisfied that it would be a serious injury to the | company. THE TRCE REMEDY Another SrockHoLMER also disfavored of going tw the Legislature. The could suggest to the directors — the enactments in such matters as to bring about the objects which they proposed by the resolutions. These were merely a suggestion, and the ¢irectors could act npon it if they chose, The only remedy the stoci had was to turn out the directors if they did not do then dui Ne. Scavrimr Livivegron sai! that controlling, as he did a large amount of stock, let them elect the ticket that had been presented and he would not ask to go to the Legisla- ture. The election of that ticket would be better than going to the Legwiature. A STOCKHOLDER supposed it was competent for the stock - holders to pass by turn for the government of the Board of Directors. Another StockH@LneR would ask whether the charter of the a made no provision for these alterations? He was opposed to going to the Legislature. Let them elect « Board of Directors in whom they could have confidence. If the Board would not do as they desired let them turn them out and elect others. He would like to see the meeting express confidence in the ement of the present Board if confidence could be expressed in it. The opinion had gone forth that there had been something not right tp the management of the road ; the impression was in the minds of the public, and it ought to be corrected by some expression of confidence. THR MEKTING DOES NOT EXPRESS CONFIDENCE IN THE PRESENT MANAGEMENT. Mr. Denon observed that this meeting was called with reference to an election, and general matters af this kind would more properly come up at Aloany. A Stock noLper suggested that one thing should be ob. served in the management of the company, and that was the moat rigid economy. He did not make this remark especially with reference to the salaries of the offlcers of the company. Another Stocknotpen said that in this State all that the stockholder could do was to simply express an opinion to the directors. They were entirely in the hands of the directore , who could do pretty mach as they pleased. The stockholder could simply recommend reform, and their only remedy, as he said before, was to appolat men in the idea stock holders Propriety of whom they had confidence. He thought it would be very proper to the resolutions as embodying the views of the stockholders. The directors couli go contrary to those views if they chose, but they would know that ihey were opposing opinions of a large majority of the stockholders. The resolutions would Fagen tha ne sidered by the meeting at Albany, which he understood was to be very well attended. re would be a great many amendments to offer, and reform would be the or- der of the day. As to the management of the oom iy, nothing that this could do could bind the di- rectors. The directors might do all manner of mischief, and all the stockholders could have would be the poor remedy of turning them out at the end of a year. Mr. Zabriskie's amondment was then put as follows: — Resolved, That it be submitted to the directors to con sider the propriety of ha the earnings of the road di- vided among the stock! by quarterly or tri yearly pay ments instead of the usual haif yearly dividends. PResipest inquired whether it was @ matter of much consequence when it was a matter of mach doubt whether oe could get a semi-annual divend? (laughter. } ir. Zammiskik called attention to an able article in the Railread Journal, he , shor how the Englisch railroads are managed by stockholders. A STOCKHOLDER suggested that the resolution waa real “triennially”’ payments instead of “tri-yearly.”” Mr. Triste thonght the former would suit the directors most, (Laughter.) A STOCKHOLDER asked whether the charter did not fix the time of payments—whether that was not esseutial to incorporation Mr. Denow thought if it was it would be a eon for the directors hot paying oftener tha: required. There was, however, a general the subject ex 4 ‘The resolutions addressed to the Board of Directors expressing the needed reforms, endorsed by the meeting, presented by Mr, Batolla, were then adopted onan) mously. NO CONFIDRNOR IN THE MANAGEMENT. Mr. Isaac Newton again suggested the propriety of ex pressing confidence in the Board of Directors The Caarnman remarked that there seemed to be a va riety of opinions about that. ] ir. Nuwrow said there bad been something said about | “revelations,”’ or “devel ta," which would damage the stock if unoontgedioted by an expressian of con. fidence. Mr. Danow said the design was to address this letter to the new Board of Directors to be elected on the %h of December. Mr. J. P. Moons suggested to Mr. Newton to wait a mo- | ment Mr. Newrow wanted to know how they expec a tri-yearly dividend, when in the months of f January and February it usually turned out, tho yvonne hardly paid expenses. How were they dividend for those months? The question on Mr. Zabriskie’ addition or amendment ‘was then taken and lost, the meeting evidently taking the safe course, in view of the general ignorance of the provisions of the charter. OUGHT DIRROTORS TO FURNISH SUPPLIES? Mr, Zanersmix then moved that “no purchases or suppties of any kind for the use of the company should be made of any director or official of the company.’ He had understood that for years it had been the tice of the directors of this copay and others to buy from some of the individuals eonflected with the company. Whether it was true or not he did not know, Gexrewxy:—Your letter of the 28th ult., which reach- | ed Albany yesterday shortly after 1 had left, has been (or warded tome. iu this you inquire whether a list hag | been nade out of the directors of the New York Central | Railroad Company, proposed to be voted for at the elec- | tion on the th ; With the view of considering the | pumes, and submitting them “to ap adjourned meeting of | New York stockholders for their consideration.” As you desire an answer for use at an adjourned meeting of your committee, to be held at 2P. M. to-day, 1 beg te | say, in the brief time allowed to me for the purpose, thas 1 am not aware that any such list has been prepared, nor has any such course been heretofore adopted. I certainly should not feel willing to assume the responsibility of pre- paring such a list, but, on the contrary, as the representa- tive of such of the stockholders as have chosen to send their proxies to me, | have always considered it desirable tokeep the matter under advisement until the annual meeting, and with the knowledge I may then have, an@ the opportunity then offered of consultation with stock- holders present to vote such ticket for directors as, 1 be- lieve, will promote the best interests of the company. The elections have generally been attended by a num- ber of stockholders; others, beside myself, have hel@ | large proxies; and, with unimportant exceptions, the elea- tions bave been conducted with almost entire unanimity. Tam, with great respect, yours, very tral; z ERASTUS CORNING. To Messrs. Denon, etc., Committee. To which they replied, under date of Dec. 1, 1857. New York, Dec. 2, 1857. Hon. Erastus Corsing, Prmsipent New York Cuxrkat Raitroap Company :— Dear Stx—Your letter of the Ist inst., in answer to our communication of the 28th November last, we have the jpn to acknowledge and at the same time respond to. fe were aware that in past years the stockholders of the New York Central Railroad pany here have been ig- norant of the names of directors proposed to be voted for until the eve of election. Indeed, we believe the ticket has not been made generally public until the morning upon which the vote was taken. We are quite aware that in the composition of such © ticket consideration is necessary and useful, but look: at the number and variety of the stockholders, their r dences separate from each other, the Ugo | sparse at- tendance in person at the election, and the magnivude of the ieperly with which the directors are entrusted, im our judgment et the least twenty days’ public notice | shonid be given in advance of the ticket proposed to be | voted for. It gives time for examination by stockholders of the names presented for their suffrage, and a fair op- portunity for judgment if, as a whole, the names proposed will best promote the interest of stockholders, in the care of their property. Under the present system of concentrating proxies im the hands of some few, stockholders blindly vote; indeed, the judgment of others is substituted for their own, in @ matter of much importance to the interest of each. We submit these views to your candid consideration, an@ shall be giad if they lead you to reconsider the Propriety of exchanging views with us upon the names suitable directors of the New York Central Railroad Company the ensuing year, so tbat they may be laid before the ad- Journed meeting of New York stockholders for Thursday next, at2P. M., at the Continental Insurance Company. Very respectfully. your obedient servant, DDORE DEHON, GEORGE T. TRIMBLE, JAMES GALLATIN, Siibiien, JOHN P. MOORE, MOREAU DELANO, SCHUYLER LIVINGSTON, The committee learned, after sending the above letter, that Mr. Corning had taken his departure fer Was ington in the morning. They, however, in view of the censiderations bearing upon the selection of 8 ticket for so important a trust, ask leave togive the subject further reflection, and will be prepared to report at an adjourned meeting of New York stockholders om Saturday, the 6th of December ensuing, at 12 o'clock M.y at the Continental Insurance Company. Your committee addressed to Mr. FE. G. Faile the following letter, and re- gretfully add that Mr. Faile declines the nomination as di- rector for 1858:— Naw York, Dec. 2, 1857. E.G. Far, Faq.: Dear Sir—At a meeting of many of the New York stockholders in the New York Central Rite road Com ‘& committee was appointed to take into consideration the coming election for directors, and in- formally such committee were requested to express te you, the desire of all present, that you should permut the use of your name for re-election to a directorship in the above ation, and to express in their hehalf, to you, the high appreciation in which your services have beom held. I am instructed by the commiftee to convey you the above, adding that they fully concur in these sent- ments, which will be more fully conveyed to you by Messrs. Jobn P. Moore, M. Delano, and myself during the day, who are thus del to confer with you by said committee. Very respectfully, your obedient servant. THEODORE DEHON Chairman. On bebalf of John P. Moure, M. Delano, Schuyler Liv= nome, ha T. Trimble, James Gallatin, Joseph Batel- ia, and ‘self. Your committee venture to suggest that, as a princi; they deem it desirable that the nomination fer Greet should be made by stockholders twenty days at least im advance of the election, from reasons given in their leger to Mr. Corning contained in this report. They also urge (though perhaps without the scope of the resolvtion under which they act) that a committee of stockholders should visit Albany and examine all accounts ani ‘These two subjects may perhaps be more fully at the adjourned meeting for Saturday next or on the present occasion THEODORE, . JAMES GALLATIN, M. DELANO, SCHUYLER LIVINGSTON, GORGE T. TRIMBLE, JOHN P. MOORE, Brooklyn City News. Kises Cousty Jrvenite Hover or Inpvsrry.—The dedica- tory services of this institution were held recently at the old penitentiary building at Flatbush, which has been set apart for the accommodation of juvenile delinquenta and tru- antchildren. The legisiature, some five years since, autho- rised the Common Council of the city of Brooklyn to ap- propriate the sum of $5,009, and such further sums ag hereafter be necessary for the establishment of am for truant and homeless children, which should have the eame object as the House of Refuge in New York, except that children sent there might not require a crimi- bal Warrant to so dispose of them ag is the case in the latter institution. In the latter part of last year the Board of Supervisors of the county of Kings. on the application of the Troant Committee of the Board of Aldermen, set apart the ol ry building for the above parposee, jedieatod yesterday with appropriate exercises were opened with reading of the the Wm, Farley. Singing and prayor then followed, after which an address was delivered, ox. Pplanatory of the objects of the institution, by A. B. Clarke, Kaq., Alderman of the Sixth ward, who 'S chairman of the Truant Committee. Remarks were made by the Rew. Wm. Farley, Hon, George Hall, and Mr. Ellis, of the Five Points Mission. A collation was served, after which the exercises coveluded with singing and prayer. The insti- tution is to be ander the charge of the Rev. Mr. Gerry, ag Principal, and Mr. Osborne as teacher, . Metiny Ierano County Jatn. + was AD ungisual excitement in our Village on ane casioned by the report that some of the scoundrels cone fined in the jail were in mutiny against the keeper and trying to escape They had somehow managed to got their irons off, and when this fact was discovered they but it appeared to him that it was maaifestly improper, and that the stockholders should express their opinion upon that point to the directors and rs of the com Mr Seuryren Liviwceron remarked that he know that supplies of come kinds could be purchased of the directors ‘on more advantageous terms than of other parties. It would not be right to run the risk of depriving the com pany of possible advantages e question was then taken and the resolution was lost Mr. } P. Moons then offered the followin Resolved, Tha’ the thanks of the New York stockhold ors be respectfully tendered to Mr. Rdward G. Faile for pit faithful and eificient services as @ director of proceeded to barricade the door, and flo {nd rote sticks of wood, with which they at eee themselves, declared no one should enter alive. Tht stooi thelr ground resolutely for an hour or two. 4 finally yielded to the persuasive reasoning of a revolver murzie, backed by the eloquence of a learned jndge, whe Was summoned to advise them of the enormity of thelr offence against the majesty of the law, and thers or. mitted themaelves to be ironed again,’ ‘The. wawies at to leading deaperadoes enpaged in this abortive rebellion are John Mimond, Sarah Obes and William Gates—all com fined under indictments for State prison offences. We hope they will he punished accor to their deserts. Ontario Terres, Deo 4