The New York Herald Newspaper, January 11, 1858, Page 5

officer that the river Congo is, and bas been for some , the haunt of these vessels, and be imme- thither in the hope of capturing some of or frustrating the intentions of any which may be in the slave contrary to the I have not heard of departure from ka say be oes as in view. , WAL your arrtyal in these sens ‘were gratification. It augats fa- Success of the eorts which our “e United States. wements since : but T sincerely tr spenaful {a the ¢yebich ber COamifh T bog to assure you. me a mattsr 4f a> Woratly for the u2®nate te. overnment of the United £ eee jared tia ab: Ceoting a traffic which it hax ce lowg ay °° 420 ‘ab- errence of, I most earnestly hope test Pad now be enabled to take such measures as will preva.” - ‘honored fag from any longer sneltering the operatives of the slave dealers on this const. remains for me to assure’ YOU of tho great satisfaction which it will at all times affvrd n0 to ‘act in cordial concert with you in whutever may have for ita object the furtherance of the enlightened and human’ ‘views of our respective governments. F have the honor 40 be with high consideration and respect, sir, unoet Obedient, humble servant, EDM. TEL. Commodore Coxoven,, Commander in-Cutef of the United ofétates Naval Forces, &c., &c., &c., WestCoast of Africa. In conclusion, it oni; Tt Ce ‘uncinnati : W. , Jan 3, 1857, the 1) No of New York 4 reas “ates—Comlination few via rcised Bankers. ‘The Secretary of the Treasury is much ¢: at combination » While the notes were inthe hands of tho engraver, "he @uthorized cortidcates to be issued to parties «epost gold with the Sub-Treasurer, which were to be substi- tated with new notes when prepared, bearing intores froxp the date of the deposit. This cot not worked ‘according to his expectation, and if any gold been brought forward for the rere. Before the some of the banks signified their readiness to notes at any rate of interest which migh: be ; and informal large already by the brokers, for which ‘the new notes will be joyfully received. The engravers do not expect to complete their work for ten days or a fe t, and they express confident hope that the tests to which they have sphjected experiments, will effectu- ally guard against counterfeiting. , (Correspondence 7} ‘Wasurncton, Jan. 6, 1858. Affair of Laxorence Stone & Co—Kighty five Thousand Dol- 3 Used (o Secure the Passage of the Tarif! Act of 1857. During an investigation which took place last session, at the order of the House of Representatives, and before a golect committee, into alleged corruption among its mem- ‘ders, no extraneous influences wore, as was supposed, Drought to bear upon legislation in that body. ‘The financial revulsion has since led to disclosures, re- suiting from examinations of the books of the firm of S. Lawrence, Stone & Co., which are very surprising, if true. ‘The commissioners appointed to examine into the af- fairs of the irm have stated, in their report, that Law- rence, Stove & Co. paid $85,000 to wecuro the’ passage of the Tariff bill of March 2, 1857; but no satisfactory expla- nation, it is said, has yet been afforded as to its applica- tuon. Tho first rumor concerning this matter was that a receipt of the late Speaker, for $10,000, had been found = the papers of the firm. But that was subsequently o@enied. Bat the report above mentioned is from a committee of Btockhokiers in the Middlesex Mills, whose fun ts had been uod by the firm of Lawrence, Stone & Co., and these men undertook the examination, not with political, but purely financial objects. If one corporation, says a New York a per, paid $85,000 to secure the passage of the Turiff bill, w much did others pay? If one legislative act cost so much, how much did all the legislation of the —— fourth Congress cost’ There is no rule for an acc + calculagon But there is another mode, haps, of accounting for tho statement in this case. ¢ firm above named had failed, and it was found that they had misay half @ million of the funds of the Middlesex company. ‘The sum of $65,000 1s accounted for by the genera! state ‘ment, that it was used to secure the passage of the Tariff Dill. ‘If the deficit had been double in amgunt, the whole have been set down to the debit of the Tariff act. years ago, in « chancery suit in New York, an ao- fount was renderod of the use of certain proiits of the concern, in which the sum of a bundred aad fifty thou- and dollars was charged for expenses of the koe vy J in ‘Washington. But the complainant did not admit the fact. ‘On other cecasions companies or individuals have stated extravagant amounts as having been used by them to effect legislative or executive action at Washington; but tt turned out that they either had motives for the amount, or that their credulity had been shamefully alrused Dy persons who had pretended to use funds for these purposes. hapa none of the Boston tariff funds ever got out of Boston. The following remarks from an experienced aud sbrewd writer in a Southern paper, are to the point:— Tt is not of course to be supposed that all of this corruption fund went into the ee members of Congress, We ‘would be very gid to beliewe that the whole of it was ex ‘before reaching any such destination. Thore i al ways a clavs of loboymen and agents, and attorneys of corpo and other interested parties, who turn thetr services 46 good account in procuring the passage of laws calculated to wiheir employers. Poubliess some of these gentle men had a sharp eye tpon the fund contributed by the manu facturera of New agiand and other sections of ihe country of which we have been speaking. If they pock sted the whole, ddeem ita fortunate circumstance compared with to the direct purchase of votes for the bill. ten med, as is believed, that tne agents Charged with tha disbursement of funds, for obtaining Tegiviative objects, play the game of sink-pocket, while members of Congress are left subject to the imputation of baving received this money. Parties having legislative objects are more likely to damage than promote them by a recourse to sach means. Jarge sums have no doubt been expended by credulous parties for the purchase of influence, which was uever exerted, even if it bad any real existence. The jegislation of the last C has, however, served to dispe! the delusion that legisiation can be pur. ~chased. It is members even from of improper influence. If the act be rigidly there can be no possibility of corruption, either of the majority -or of individuals. : rh Pu sink “Tho present .) gays a New Yor! ir, Seannot betior signalize its eunriae ‘upon oficial business than by setting its face aguimat all attempts at purchasing Iegistaiion, The country woald baye reason to rejoice should evidence be furnBhed that such @ determination ex.rts among al! the memvems whose duties call them this ‘Winter to the national ital”? Persons at a distance froin Washington who may have business objects here ought to be aware of the fact thut they will be exposed to the peuaities of the law by aiding In any attempt to tamper with legislation; and, ‘urthor, tmay be assured that whatever ropresentaiion may of jecting objects me be made to them of the feasibil; bis way, they will be entirely and unfounded. agents who get thoir movey will pocket it themeelyes. If they bave done so heretofore there is the greator reason for their doing it now, when they cannot, with impunity. approach a member with a bribe, {Oorrespondence of the Albany Atlas.) Wasnvetos, Jan. 7, 1858. Mr. Stephens, of Senator D —Cost of the Pubdic Printing the Black icans—The Minne cota Delegatvon—Mr. Pugh's Kansas Plan, ée. The impromptu speech of Alexander H. Stephens, of Georgia, on the late events in Nicaragua took most people somewhat by surprise. It was known that he was hostile 40 the action of Paulding, but {t was not generally Known that he frit and would speak so strongly on the subject. Mr. Stephens j¢ & man of very noiceabie #p- oan is small in stature, and feeble in health, but eyes gieam out from beneath an expansive forehead fike melted metal, and testify that the fires of geuius are contained within. His voice ie shrill and thin, but distinct, ‘and he ts often compared with Jona Randolph. both on account of bis persoval and bis mental characteristics. He is ed ag one of tho vory ablest men on the floor of the se-ip generaliy cautious and conserrativs in the expression of opin. ome, and uae a powerful influence over the Southern mind. The utmost interest was displayed to fear him when he arow to make a few briei remarks ‘only, and the members on the right espeeially— the democratic members—left their seats to hear dis- | Minctly ali that he esait or himted at. Hoe said that the | neutrality laws so called were not neutrality laws at all, | neither intended nor named as such. They were enacted to offences the United States, and they gave the rnment no power to go beyond the jurisdiction of Shey hove as pov to — rd offences, that is to sa) We HO power to go for that purpose, beyond a Tine league from shore. The capture of Wolker and his ‘associates on Nicaraguan soil, therefore, he pronounced @ gross violation of law, an outrage, which ought not to be defended on any consideration, even if Walker were the at beget Ry A ing Warmed up with sul his usually sedate manner was exchanged for Guuted gotticuloton, and bis shrill voice sounded sbriller and more determined as he continued to denounce Pauld- ‘ing and his acts, whether committed without or with in- structions. He'declared in energetic lorina that Walker and his men ve nh na back in a national yerse!, ant placed on precisely the same spot from which they were taken—that restitution of property should be made, and every! im short restored to the satus quo anie tellum amake in advance of the declarauions he «aid he was prepared ty Prosident’s reference to the policy it might indicate. Jesaage, and without Tt is said by intimate friends of Senator Douglas that th» ‘Diack republicans never dared to make such a proposition to him as 1 intimated in my last letter that they had. ‘They ingly discredit it. I have, at any rate, toler. able good authority (6r saying that with reference 4o Contral American questions, Mr. Douglas stands, and ‘will continue to stand, upon the same ground he ha It fe said that he is prepare’ to re ‘Peat, without alteration or omission, the frrr cook ‘which he dekvered in the Senate of the Uni: wee in _ Feply to Mr. Clayton, when the Clayton-Bulwer treaty was “Winder consideration some yours ago. Tt was stated in the iouse today , AR Tenn., in opposing a proposition to print 100,000 copies 0 ‘the Patent office agriculturel report, that we owe now “over & million of dollars. for printing of the two last Con are, however, receiving bushels of from their constitnents, asking for the report, and the new members especially are unable to supply the i think Mr. Cava ihe Hone, tnoagh ins House Is largely » House is I ot and able members. Here are Henry on Py ie 4, ma Horace Maynard, of Tenn as » of Ohio, and whowe hames you #e@ continually if the ail men whom the ladicn would not call mewspapers. Pasee evou Ut they wore all backelops. Mr. Gayapaugh ts NEW YORK HERALD, MONDAY, JANUARY UH, Ce ar : national democrat, sacased of ge abilities combia. “rey and character. it has been urns of Mincesota would not ors elected, and that one T uncerstand, is a mis- f Maseachussetis ma 8, UNG 5 end I know hit to be pe ed with extraordinary em that the census re entitle her to the three mem, would be thug thrown out. Thte, with them (a0 con- take, The delegation brought slum, — “ongreas before this Blitution, auc {* mss-be presented to &, letter reaches @ Mr. h’s bill for the pacification of jed that instant attention which woul?» “as hos not likely prs nine to mark a meaeure calculated to barmonize conflictia o, fons. As a compromise, it does not appear to answer Che end which it was ntended to aubserve. fither come new $ plan will be presented, or it is doubt(ul if Kansas will be admitted into the Union this seasiou,”especiaily, if as some by og the South American members su; the views of Mr. Douglas. There may be enough of these to unite lermpoeesite with the black republicans to defeat the ad mission of under the constitution which she pre- sents. 1 notice, however, it some quarters, a disposition to defer the admission of Minnssota until this Kansas busi- ness is decided, but a ition of that kind would pro- bably be neutralized by the consiteration that Minnesota comes up with a thorough democrat delegwtion. Average Dally Circulation of the New York Hera)a for Each Month in the Years 1855, 1856 and 1857, with the Highest Day's Ieouc in Each Month. 1855. Average Daity. January........49,721 February......48,540 January 1... ...60,000 February 9. ... 58,780 March 20.......59,760 ber. November. ... . .57,664 December. .... .52,560 October 18. . November 5. December 6.... 79,680 55,200 Yearly averqge per day............56,358 1857. January. February March... April. Yearly average per day... ooo 262,495 1856. 1866. 1867. Yearly average... .53,628 66,358 62,495 Increase of 1856 over 1855 - 1857 over 1856 « 1857 over 1855.. The above is exclusive of the Sunday Herald, California Herald, Weekly Herald, and European Herald, Family Herald. THE FAMILY HERALD. Execution of Speech by the Condemned--Interesting Revotu- tlonary Reminiscences-Affairs In Ewrope— Earthquake at Naples--The War in India— variety of other matters, contain— ‘A full report of the Fxecution of Donnelly (convicted of the murder of Albert S. Moses, in August last), in Mon- mouth county, N. J., with bis extraordinary speech on the occasion. Interesting Revolutionary Reminiscences of Fort Wasb- ington, with an illustration. Interesting Intelligence from Japan—Letter from Com- mander Foote to Commodore Armstrong. Intelligence from China—Progress of the interesting events transpiring in that Empire. ‘The News from Europe—The great Harthquake at Na- ples—The War in India, &e., &o. A valuable chrovolegical record of events that have oc- curred during the year 1857 in countries other than the United States. Doings at Washington—The Proceedings of Congress. Doings at Albany—The Proceedings of our State Legie- lature. Murders in New York—Virit to the Condemned and Ac cused on the Charge of Murder. FAitorials on the leading questions of the day. Local News of interest to the general reader in this and the adjoining cities. The Latest Intelligence received by telegraph or other wise. With Obituary Notices of noted persons—Police Reports —Notices of Theatrical Matters—Money and Commercial Market Repotte—Report of the Cattle Market—Marriages and Deaths for the week, forming a mass of useful, mis- collaneous and interesting reading. Terme—Only $2 a year, four cents a single copy. To |, be obtained at the effice and of all the news agente. 165, 240, 243, 263, 276, 21' 282, 284, 286, 295, 297. 902, 828, 925 10 320, 162 to 174, 149, 26 to 814, 316, 318, 320, (20, SBS, 384, SBS, S88 Common Pieas—] 1.—Nos. 116, 33, 137, 12, 35, 357, 186 to 159, 1036, 161, 162, 1086, 164. "Part 2—Nos 96, 142 to 148, 162, 62, 168 to 170, 19. 7,500 People Visited Kimball's Last Week Sor ambeot e likenesses. Portraits taken for 20 cents and centa. Defiance Salamander Safes—With Patent fa Fat “Bepctiee Yea Also, fire and burglar ee. 2 re street. ” ROBERT M. PATRICK. | Ladies or Gentlemen may Receive Private | lessons in ponmanship of OLIVaR B. GOLDSMITH, $62 | Broadway. Ye Tricopherous ts the Best and Cheap- est article forgiresaing, beauty ing, cleansing.curiing, preset | ving and restoring the hair. Ladies try it, Seid by ali drggists. | Batcheior's Hair Dye, Wigs and Toupees— The bert in the world. surpassing all made. Sold and applied at the manutactory, 283 Krosaw: vent in the wortd, applied at No ‘ay. Wigs, and eal: Toupees— | A retail and the dye he very ol | FINANCIAL AND COMMERCIAL. } MONEY MARKET. | | Sexpay, Jan. 10-6 P.M. | } | | ‘The stock market closed yesterday pretty firm at our quotations. There was more activity among sellers, and the bull clique, operating for a ruc, were forced to become large purchasers. This was the | cause of the activity. We do mot see where an ab- sorption ef fancy railroad stocks is to come from to | relieve the speculative holders of the Stock bix- change. Most of the operations at the board | yesterday were in small lots, and among the fancy | | } speculative railroad stocks principally on time. The market bad an upward tendency from the opening, and closed pretty steady. The most important move ment at the Board was in State stocks and railroad | bonds, and we look npon the improvement in these | clases of securities as but the beginning. In State stocke and first class railroad bonds large amounts of capital must find permanent investment at much high er prices. The abundance and cheapness of money will create a demand for first class, undoubted secu- rities, and we do not see why a very important im- provement should not take place in the market value of the most desirable investments of the day. In State stocks and well secured railroad bonds at pre- sent prices money will give better rates of interest than in any other way, perhaps, for years. No one outside of the Btock Exchange has any desire for epocolation, and fancy railroad stocks will probably be the last to recover from the present prostration. Many of them now will without doubt come up again, while most of those which are now geting along under a heavy load of debt, will, at no distant day, be atterly crushed oat. Tt will, we trast, be a long time before speculation kecomes pgria rampant ja anything, aad -merely represented. last of al! in worthless railroad stocks. By Liquida- | tion, contraction, econdbmy, industry, energy, &c we shall rapidly recover from the present depres- sion, aud imaugurate a more healthy state of things in commercial afbirs. A relapse is cle more to be feared than and the only wure way t gyoid ur’, -, | embarrasiments, sizailar $0 those of the Michier Southern Railroad, the s many others. ** 4 suey ought to take counsel by which it was proven that vitality ceased, from the i a} my rt certainty is to attempt ho mioveee?* not inth oment appliances were attempted, to produce rege- toately and direelly ounected with a gradual and “Ady restoration of public credit and confidence. jaan, ttion in taney natroad stocks has been the first Haat tse of our firm, *cial revulsion. Hardly ymmunity has escaped am Sp aman of ay means in the loases by such! operations. The . het value, a4 500% a the public’ the worthlessness and rottenness' ‘epreciation in mai dreds of millions of dollars, mous amount were annihilated as effectually arta, fire had swept away so much property. It haw been stated that the great fire of 1835, where near twenty million of property was destroyed, was tis first great cause of the financial and commercial re vulsion of 1837. The twenty million of property, in the shape of houses and merchandise destroyed by that fire in one night, was not more effectually re- moved from the owner’s possession than the hun- dreds of millions of property in the shape of railroad = stockth ~were annihilated = by the depreciation in market value in 1857. The immense inflation in prices for these securities was entirely of a fictitious character, and the value was It existed im the minds of holders, byt it was loeked to and depended upon te provide the means to meet direct payments, and was considered as available as 80 much bank paper or 80 much gold. So long as this artificial value was sus- tained, these securities anawered the purposes of so much currency, and were used as such in the liqui- dation of more direct individual indebtedness. The destruction of this value amounted to no more or Jess than the destruction of so much paper currency. ‘The total bank circulation of the country in 1857, previous to the revulsion, was about two hundred and fifty millions of dollars—a sum much smaller than the depreciation in a few weeks of railroad securi- ties. We can easily imagine the effect of the with- drawal in a short time of the entire bank circulation, upon financial affairs, and can hardly doubt that a very severe revulsion would soon be the result. The depreciation in the market value of railroad securities to the extent of hundreds of millions of dollars would naturally be even worse than a sudden withdrawal of so much bank cur- reucy, for the banks would hardly expect to get their notes without a quid pro quo, but in the railroad securities it has been a complete wiping out of so much value. Holders of railroad stocks have nothing to show for the difference in value; they have no claim upon any responslble parties, and the losses are therefore absolute , and can only be made up by | future earnings and by strict economy. We have in | this simple fact the whole cause of the present pros- tration, and the cause of the hundreds and thousands of failures. The remedy is equally simple. in the first place, every one~ must get out of debt in some | way, and then settle down as far as possible upon a cash basis in their future operations. This, with economy in all expenditures, and a determination to do no more business than can be done safely and upon legitimate principles, will do much not only towards removing all vestiges of the present revul- sion, but in restoring and sustaining a sound and healthy tone to the credit system. ‘The steamship Africa, at this port from Liverpool, brings us three days later news. Financial and commercial advices cover only one day's operations. The Africa sailed on Saturday, the 26th ot December, and the only full day’s business from the previous steamer was the 24th. Friday and Saturday were holidays. The financial accounts are favorable. ‘The Bank of England has reduced the rate of in- terest from ten to eight percent. The Bank of Prussia has reduced the rate to 64 per cent. Consols show a very slight improvement. Bullion in the Bank of England was rapidly increasing, and the | demand for money was much reduced. In American securities no change is reported. No uew failures of importance in England had occurred. Quotations for cotton show an advance, and an active business is reported. Breadstuffs were dull, without change in prices. The Emperor of France bad given his assent to a bill, which had passed the Legislature prohibiting gambling on the Bourse. ‘The annexed statement exhibits the amount of specie exported from this port last week: ‘SHIPMENT OF SPECTR FROM THe T'oRT oF N Schr Crystal Palace, Jaeme!, specie. Bark Tiva, St. Thomas, Am. gold coin Stcamer Persia, Liverpool do. EN ila cineca ce U.S. Mint “bars, California’ gold’ coin, and British gold and silver AA Gold bars and coin, American silver. Total... Another Cahfornia remittance is nearly due, which will go @r towards making up the foreign drain. The bank ret om Tuesday may show a smpall re- duction in the specie reserve. It is to be hoped they will. The following are the quotations for coin and bul- lion: English silver, £..4.76a4.80 American gold. par “ Colm with the motto “E Plu ribas Unum " over the eagie.1.06 sat Per cont. Am. half dolls galt Am, quar. dolls... 1 Coined previous to 186%. Span.&Mex. (pertt.) Ze. “ (imperfect).1 20 pr.or. Shi'ngs Asixpn’s.1 20 pr.oz. Sovereigns Mexican dolls....10834a106 (uineas, 00 Peruy. and other Napoin's (20 fr's).3.8803.84 8. A. dollars... 1.03 Ten thaler pieces. 7.84a7.86 Span. pillar dolls.1 Prus. do. 4.00 Prus. thalers,.... 70 ete, ‘Ten gilder pieces..3.08 Five frane ploces. 7 Dueats. ... 2.20 German crowns. 1.08 Patriot doubin’s..16.60 French Crowns. . 1.10 Span, do ,16.25016.50 $50 Pieces United States aneay.....\{ per cent dis. a par. edo. do % do. $10 «dodo NG do. The interest due on the Ist of February on the | stocks of this city will be paid on that day at the | office of A. V. Stout, Exq., City Chamberlain, at the Shoe and Leather Bank. The transfer books will be closed at 3 o'clock on the afternoon of the 12th inst. The committee appointed by the banks of Rhode Ivland have reported that a resumption of specie payments by the Providence bapks should take place on the 13th inst. ‘The vaine of merchandise imported into this port during the past week, in cach of the past three years, was as follows: Conmence oF tit Pont ov New YORK—VAuC® oF hapa For the week. 866 18 y Dry goodie... ++ece $501,430 General mercbatidise 1047 }842 Total for the wock $5,646,070 3,404,707 $1,549,281 The following table will compare the exports of the seven principal staple articles for the first week of 1857 and 1858 + ek ending Dee. 3 Wheat, bru Corn, bushels Beef, bole. and tres Pork, bbls. and tre Total... . - $ — 92 Decrease of compared with that of 1867 $456,524 As compared with the corresponding week of 1856, this shows ® decrease of $1,784,480 in the amount thrown ou the market this year. The export of United States prodyce from this port for the week was as follows 043 To Cuba 0.0... $41,486 11 = Dutch W. Indies. 2,736 Danish =“ 16,064 British, - 3480 Br. N.A.Colon’s 19,714 British Guiana. £3,642 Chile... ccee 47,906 came satisfied of * these stocks, ‘ 44 upon hun- wiped out, almost at one sweep, handi. Bo’ far aw ie holders of these securities were concerned, valaceto . pees ‘en : # = 2 8 AM Benet BD Dak EE ns PPE: BE RR RR EE ad A nel ttatin tec eich Stele ot eciec neration through the ordinary means of common business transactions, Tn such cases there is a pecu- liar species of scheming necessary to be carried out, such as the initiated only are able to put into opera- tion—such, for instance, as unscrupulously rating as good, paper every description and kind, whether protested or not, in order, with this show of solvency, to justify the making of dividends. That railroad companies should be compellea to resort to all kinds of financiering can create no surprise; the very na- ture of these institutions presupposes a state of high pressure, and we therefore feel no astonish- ment when we see announced projects for rais- ing money, which do not tally with the strict rules of fiscal honesty and discretion. This, however, affords no excuse for the conduct of bank varlors, where the decisions are made on simple “tters of fact, admitting of no necessity for eqpi- ‘ion, and where if any species of chicanery be practta, 7°, the directors know and feel that they have liea Vanilty of a legal as well as a moral fraud. t is vtte, ly impossible to imagine that the losses of the banks should not be very. large, through the hundreds of m‘lliows of dolurs of conmmercial fail r- \ yom roads, held by them to\ 9” enormons amount, ought not to be placed to the : \ebit of the account of profit and loss. Toestimate’su.th paper and such securi- ties a8 of par value—to kc ep up the appearanee of still possessing the capit:/ entire—is but post- pening the evil day of seckoning, as was the cax with the Phenix, the Union and the Mechanics’ Banks, in-1837, each of which, through the operation of disingenuous estimates, continued to divide up their capital in payi g dividends, until they were compelled to reduce the nominal araount of their shares, or have the deficiemey filled up by contributions from the deceived stockholders, who held:on to their investments in iguoranee of the con- duct of the knowing managers. We do not see that we heve any prospect of imme- diate improvement in our financial affairs. On the contrary, we heave cause to look forward for still greater embarrassments. The banks must, in the end, realize their losses; many of the bills receivable will prove worthless, and most of their railroad inter- ests pass off as the mere shades of the wildest fan- cy’s sketch; and, therefore, looking to the future through this medium, there can be no hope for im- mediate improvement. There las not yet ap- peared the first evidence of a more favorable cbange im the prospects of interna! improvements. To the well informed, those who venture to examine with care, keeping a record of their position, the fu- ture presents nothing but the most melancholy gloom, and forebodes, with the saddest certainty, that every dollar advanced towards their resuscitation will prove an additional loss; it will be throwing good money away for bad. The fate of most of our railroads is doomed, and all the efforts now being | made are but prolonging the misery and throwing back the time when we ought to look forward toa | return to the sober rules and expectations of honest | bustness transactions. If, for instance, the Erie Railroad Company should go to the wall-and | that it must there can -be no doubt—those | who will suffer will be, for the most part, the | speculative resuscitators, who, in point of fact, | have very little other object in their present | efforts than the hope of creating a markei to throw off the heavy burthen they carry, most involuntarily. i The Harlem and the Hadson still continue tocreep along with debts coming to maturity, and in the case of the former a loan for a million has already become necessary. The New York Central, one of the most corrmpt concerns in the country, but lives on its ability to impose on the public credulity. In this instance | covering a capital and debt of not less than forty- one millions, we have to witness a system of schem- ing, utterly and entirely at variance with every prin- ciple of fair dealing. In their elections for directors, the chief managers have « control, little short of ab- solute interdiction to any opportunity to investigate the truthful condition of its affairs, such, for in- stance, as to ascertain by whom and through whose influence, stocks have been jobbed on the company as valuable assets, whose real value is naught. In the face of a heavy and constant decrease in their daily receipts, which on the first of February will not present a less aggregate than $750,000, and may be $1,000,000, a wasteful dividend may be declared and its payment made by the sale of the odds and ends of # bankrupt estate. ‘The Westera railroads are in an equally forlorn condition, covered with debt, embarrassed through entanglements with each other, and through every section of their lines there has been exhibited a per- fect recklessness of the most improvident competi- tion, with a seeming determination that the end of this absurd rivalry is never to cease, In the case of the Michigan Southern the controversy has been so sharp that an unfortunate necessity has existed, wherebys this company has assumed not only the cost of completing five hundred and thirty-six miles of road, bat has entered into a guarantee to pay large dividends to the original projectors of a large portion of the dis- tances. In some instances, speculations in produce have been made, in the hope of keeping up the ap- parent amount of tolls, but which, instead of protit, have terminated in serious losses. tn referring to these reverse changes in the boasted bril- liant prospects of our railroad enterprises, we entertain the hope that our readers will give them that dne appreciation which belongs to that conser- vative necessity of ceasing to look into the imme- diate future, for relief and prosperity. It is a warn- ing worthy the highest consideration, and cannot be neglected or posbed aside with impunity; especially when it is borne in mind that our banks are full to overflowing with these insolvent concerns, obteined by purchase, by direct loans, and by deposit, to se- cure debts of insolvent debtors. One of the raling banks in Wal! street, located opposite the Merchants’ Exchange, holds stock certificates of insolvent rail- road companies such as the Sciota and Hocking Val- ley, on which it has loaned to @ single concern over $200,000, the original owner and hypothecator har- ing been victimized to the extent of his entire capital and credit, by placing a credulous confidence in railroad reports, and in the intelligence of bank ad- ministrations. The twenty-third annoal report of the Boston and Maine Railroad to the Legislature states the amount of capital paid in, being for 41,557 shares, at $4,076,- 974 562. The fanded debt of the road is $50,000, and there is no floating debt. The funded debt of last year was $150,000, but $100,000 of it has been paid the past year from the earnings of the road. Costof road and equipment, $4,229,231 47. The amount of assetw or property held by the corperation in addition to the cost of the road (after deducting the dividend | payable Jannary 1, 1858, of $124,071, and amount due other roads, &e., $46,789 72) is set down as LE | the year, 3 total expense of working the road for the year was | $492,085 45. The income from the passengers was | $352,915 80 on main road, and $150,970 41 to and | from other roads—together, $503,596 21. For freight | on twin roed, $225,697 45; to and from connecting roads, $91,915 68 together, $517,559 13; United | States mails, $8,506 29; rents, $9,583 88; interest | $16,230 98. Total in eo of the year, $849,560 49, | Net carnings, $367,477 04. The dividends of the year, two of thige per cont each, amounted to $249, — 342; surplus, not dividend, carned this year, $106,- | 161 04, Total surplus, $406.44 08. Nine persons | have been killed on the road daring the year, two of | “whom were brakemen, one a freight conductor, and | the other six persons walking on the road. ‘The principal items in the reports of the Battimore banks, made during the first week tn January, for When corporate qomppanies fall into extreme | New York and Brie, and iz ace of the old United States Rank, throw aeveral years past, wory a follgws:— ‘ 38. | Savy “4808.17 /802,0m0 banks of the State:— Ji is absotu te aould be g ong systera, sistent with the necessities of the times Ab independen: existence, under the and tho constant scrutiny ot offte: other departasenta of the business And thority. iasue, Stock Exchange. i Savona, Jaa. 9, 1838 $1600 N V¥6'8,'58..., 994 100 mle SY Cou Re 779 3000 M4... 200° 100 u.- ie ao 26 MS & ¥ Ind a. 7000 Tit 3 2 be ET) di peat Po 32. .| gon, at three o'clock, from’ hig Inte resideace, No: 266 2060 do.. 35 Greonwica street, The remains will be takea to Curmat 6000 La Cr&M 35. for interment. 1000 di 904% Hasntox.—On Stturda7, Jam. 9, AckLaND Braweratag: Jo” | fxr, infant son cf Ackiasd Brown and Arsbeta Blewer~ Jory | basset? Hamilton, aged 1 year, 7 months anit 11 days. ke 10 Sheek eather Bk 9945 10° DelwHed Canal 2) Pena Coal Co., 25 Cumb Oval Co, 630 de. 32 14600 N Y 6's, '7: 500 Brook’n@ity 2000 TerH&Altzd 600 Il Cen RR beds. 1000 La C& 200 Cum Coai Co, 40%f 40 84 125 MichSo KN DBR 10sbs Penn Goal Co. 72 100 do... BIO 6 Pacitic MailssCo. 75 60 = dopreta'k 3 20 dOiseesseee 12H 90: 16 Canton Co, 20% 8 do... 100 Ttimom Cen ER. CITY COMMERCIAL REPORT. . Sarerpay, Jan. 9—6 P.M. Asixs.—Tho market was quiet, with small sales of pearls and pots at 6 yc. Baxapetc res —Flouz—The market was buoyaat, and prices inclined to- droop, while sales ‘© confined to about 5,000 a 6,000 bbis., closing dull at about the follow- ing quotations — Superfine State. 04 20.0 94 38 Western aad Oh: Extra Ohio and Western... Canadian superfine and ¢: Baltimore, Alexandria and Southern fancy and contra. Choice extra Rye flour. Canadian was quiet, and sales coniined to about 300 bbis., closing dull at quotations, Southern brands were inactive, and sales embraced about 500 a 600 bbl. within the range of the above quotations. Rye flour and corn meal were quiet, and prices unchanged. was iu- active, and sales confined to about 3,000 bushels Chicago spring at about 960., with small sales of common white Southern at $1 20, and of Kentucky white at $1 25. Corn was held above the views of buyers, which restricted sales; for white and yellow, in good shipping order, 68c. a 0c. was asked, while no sales of moment were reported. Parley was steady, with sales of about ‘000 bushels re- er Oats werd in fair demand at 42c. & dc, Covvee.—The market was quiet, and sales confined to smal! lots of Rio within the range of 10c. a Lic., witha snail lot of Java at 16c., and 440 bags Sumatra at p. t. Corron.—The previous advance was fully maintained. ‘The sales embraced 600 bales Texas and 100 bales Uplands at full prices. Fxgacnrs.—Engagements were moderate. To Liverpool 200 tierces and barrels of pork were engaged at Be. Od, for the former and at 5s. for the latter; 4,000 bushels grain, in shippers’ bags, atid, and 300 600 bales of cotton at 3-16d. To London 700 bbls. flour were engaged at 2s. 6d.; 1,000 bbis. crude turpentine at 2s. Od. here was none, to other porte. The ship Gibraltar,was sold at anction for $19,000 cash. Frvrt.—Raisins were selling im a moderate way at $205 kg B.'s, and at $2 25 a $2 40 for layers. AY! 00 70 600 & 800 bales at U6c, a Tbe. Hivws.—The market was unchanged, while rales have been large for the week, and prices unchanged. Mr. Hall, in bie anauai report, gives the total unport» into J States for the year ending the lat January at of which 1,706,763 were brought into New York. tand as follow $e total exports of hides from th for the year 1857, amounted to about 397 leon. —Seotch pig Was selling in a mod for cash, and $27, sx months. Txatitk.—The trade during all the early part of the yeas was slack aml irregular, and was much distarbed by tbe panic in October. In Noveruber a better demand grew np, mostly for cash, and in December the sales in ‘so far aa to overtako receipts. Tho heaviest stoek was in tho second week of November, when it @mounted to about 425,000 sides of Iremlock, api 42.200 sides of oak. The stock since then has been reduced, and at present consists of about 316,000 bomlock and 4,20 oak Morasem.—Sates of 20 bhts. Porto ico were made at 20e., and 500 bbls. New Urioans at S26. « Silo. a se. Kavat Sroum.—<pirits turpentine was active goed demand, with «ales of about #00 a 700 UI 4 We., cash. Common rosin was rlady, w e wayper 310 Ibe. , delivered. Crude turpentine was up changed and sales liraited. Ons. —Linsend was steady, with amall sales at d4c: a S60, Crude sperm wae at $1 15, with mortorate transactions. Crade whale was quiet aud prices aominal Proviniows.—Pork—The market was contined to about 200 a 200 b dis. now mew and oid do, at $1485 85150. Beef was contined to small lots country prime prices, Prime mess was nominal at diane extra do. was hald at $20. Bacon Was nom: Tike. & H.; Cut moats wore heavy; sales of 100 pac were reported at 6c. & 6346. for shoulders, and at Se. a Sige, for hams was quiet, with sales of about 200 bbls. at 4c. a 9';e., with seme small parsels strictly prime at 0", in about Le. Cheese woe quiet ab Ge. a Se. Bum AR. =the transactions were moderate. The salor embraced about 2008400 hhds. Cuba muscovado ant New Orleans at Bige. @ 6c. for the former, aud at bo. « To, for the latter, and 900 boxes at 6,0. a 5% a Te. TAtLow.—Sales of 9,000 Ibs. were made at !0c, 4 10). c. Waranny.—Sales of about 200 bbis. wes made at 21! a Tle. aged for Ohio, and at 12c, a 23e. for Siate. 10,000 be “ROVER BAMBES: Velebrated tr@miy Sewing machine». No. 495 Broadway LLSOPP'S BAST INDIA TONIC ALBIN Tous. Tenis, Regs nod beiiles. Rampion on draught in tke Roem possible condition, For sale by 0. 1. MENDUM, No ty LADY WHO HAS BEEN OURRD OF GREAT NER oa debility, afer mang veare of miséry, devras te to ail tellow sugexare ibe sure means of sian 10 urn postage Mra. Seton, Staaa., ‘aad the prevort will be cont bes by nex! post. ‘ OAL, COAL COAL, COAL White ash, sereemed aad & Yard 34 and 3} Washingtors stree\ COAL—RED ANS FTROPOLIPAN HOTRE.—$i00 REWARD, & Switeeriand 1 stolen from the a! ave Bote), # scrap book balonging © | Sngian 16 United Statev p the subsertbers, conta ming all the newspaper artici~, Lol | Germany “i ae 73 ‘complimentary and alyusive, that have been pubkebed 7 | ¥ ‘2 oe... a few years im reiatiyn to our hotel, banking, mining . 61 West Indi 4 ~t aerioaliural affairs, “The abave rewsini Will be paid 9 ap i — one returning said , and Ro Gnestions asked. we 00K, And RO ARRHON LELANT & CO, | ygrin a pint = lem For sale by G. K. MANDUM, Ne 18 aj) street. Baha Aranda) — Ginene’ ShWING MACHINES.—CLERGYNEN OF © every denomination can now procure one of Singer sewing f achines, for thelr own tse or for a charitable socle ty connected with their re: dented’ y favorable terms. cular 1 M. SINGER & CO, N Broad tJ" NERVOUS “SUFFERERS eTIRED CLERGY man, realored (o health in @ fow dayw aller many rears oF ective churches, upon uaprece: ay, Governor “igon, in bis lave Oy ms be ; oe ture of Maryland, thus spealey wpomve.” “UNiegt of the ly ndispersable to x healthy fimantla, cont~ dition tbat the specie basis of al! banka of issue witha me | iy eniar, Ang ia accepting this first proposition ibeeanas'e caked reduna Weill cus: | fer the propriety of revision and reconstruction of our nr Kk T think it wil! be found entirely con- the’ expert epee of the peopic, that banks of issue should have wtrigid segtelntion, bank!ng should be condneted under general laws conferrmg uo privileges of | in balf-past three o'clock, without sy York street, Brooklyn. The remmins wilh be talann te Greenwood Cemetery tor interment. do. | Dxxsis —On Sunday, Jan. 10 Jamas Dex, oldeat sam ‘288° 12% Of James and Sarab Dennis, aged 4 years, 2 montlis aa? 16 { 10@T! Cou RR..,..b¢ 90 aye son looltud luv RR, 880 20 The friends end of the famtiz, atso the 0" 99 20 | ~Members of Hoge Lodge No, 269, F. A. M., and Motropedl- 8032 19% | tan Chapter No. 40, R.A. M., are respectfully inv oc te 664; 19X | Attend tSe fnernA, from the residence of his parsats, Me, oe om 164 Wert Vilteontty atreat, ve morrew (Tuesday) afterasen, poy 0% ‘one o'clock. y~ . 9 Gakpeek. —On Sunday, Jan 10, after a short but severe 10 Thin AV UE«++ 9 | vinesa, Wat Ganpwnes, m the Mth year of fis ago 32% | imehed to attend the fomeral, tomorrow (Teenday) after rey] ‘The friewe's of the fami 72 ter 14 City Bank....... 107% 1 Tierty-tourth street, tomorrow (Tuesday) aftertoon, at : 1s Cora Each Bank. Hd Tx | woo clock, without further inv‘ . 100 Canton Company, 20%, m1 Hxrnvrn.—in Brookdyn, on Sunday, Jaa. 10, Cramcorm, Tm 31y% ns The relatives and frieads of the family are requested te 3172 | Sttend the fureral, from her tate residence, No. 63 74am af | avenue, to-morrow (fusaiag) mowing, at half past aise o'clock, ‘The remains will be takemto Milford, Couns, fae S295 Be a ‘The relatives nnd friends of the (rmi!y ace reapecttaligy 166 a 33 invite? to attend the funera), to-morrow (Tucsday) after- 255 N ¥ Contral RR. 3g2¢ | Boon, at halt past two o'clock, from bis late réowence, Ne- 1 wpe “7 | 200 Sackett street, South Broktyn, w'thout farther Law d — ‘avomm —At bis residence, the Codors, New: Bri lost —. is 3 ence, , ‘a! Sone) & Moshe Nypenen see Tr | Staten Jeland, om Qsaduy insening, wes 10, saxcaa, Te Cac k RRR. 72 | RM ts ‘ ose. a 6 retatives and friends of tine fami'y are ri 2 Invited t attend the funeral, on We The market continued steady, with sales of about | Butter was selling modorately at | ARKLING BDINBURGH ALE IN ‘oF nll partionlars write tor a elt. erent nervous suilering, danxiona to make kan @n ibe means of eure. ea CLeR the Prescription used. Direet (ae Rev. JON M. BAG ALS. 186 Fajiga siege’, Breogiga, 5 by ay Ibert, former ‘si00—Fraser.--Un Sunday, Jan 10, by Re W 4 Frost, rector of the Church of’ the Redeemer, Wrtas | Hl, Waicat to Mant, eldest daughter of Willian Fraser, Kaq,, of this city. Ba oe Barron Discounts. Spee Grane. Page, MARRIAGES AND DEATHS. * e61.. 7 830,17, 21,9) a nnn a corres | 200) $i tote: pp = Faerie Sreveet Sager Married, ‘Tory 8, 1868 HE ROL.221 2,9eR 91) B828,000 aes * On Sunday, Nov. 1, at the rasidonon ie | Jey 3 ipods. 44900213 2848708 6,054,592 aut | 0s — Bsa Maher Balzy, Me. Tamme Leo eee ore) 2 ' fe i dors Jan's T. 1860, 16 ou, a | : “Se 4/961 2,908; ~. Columbia county, M. | soe 8 1887 Bp, * 3) eo'sit | haw" P. Atwell, Groeam Died. Apam—in Brookiyz, on Ba wrday, Jan. 9, Hera Apam, im the Oth year of his age. ‘The relmives And friends of ,the family, also Hobemiia- den Lodge No. 56, F. A. M., amd te fraternity in generat, are requested to attend the funerm', this Gioia) eta noon, at twe o'clock, from his Inte # esidence, No. Mor sbal! street, Brooklyn. The remains will be intorrod @ Greenwood Cemetery. Apams.—QOn Sunday, Jan. 10, Anmum*, wife of Hoemam C. Adams. - Her friends and the friends of the farthy aro invited te attend the fanerai, from her late resitiesa'®, No 42 Wast ! Pwenty second street, to-morrow (Tuesawy\' Afternoon, a ik ie mvitm "iO. ‘Bartxntixe.—-On Bunday, dav. 10, after » a \ort illness, Avam BALLEATINE, aged 66 years, a native Of county ‘Tyrone, Ireland. The friends and acquaintances of the fanily aw respect fully invited to the funera), this (Mondey,) after- Boon, at three o'clock, from his iaic residence, NO. 138 ‘Phe reiativer and frends of the ‘family ere respevtfidliy 4 Haxstx.—On Semuriay Jan. 9, of congestion of the: * | lungs, Grace, wife of Hos Hansite, aged 08 yerrs. respectfully invited te as- nd the Panerat, from her Inte residence, No. 116 Weaty widow of they late Thos. G! ilepbawm. interment. - Jos.—In Pevoklyn, o2 Suntay. Jad. 10, Gxonow G. Jovxs, formerty of Cincinnati, eged -® years at halt post nine o'clovt, at Christ chure! oa, without further invitar:ca. The steamboat leaves Winte™ hali for New Brighton 0 balf-pass eight o oleek. Kiamns.—On Sunds%, Jan, 19, of inflammation of thie bowels, Groxex, son oP’ Jobn and Amands A. Kimmona, aged 1 year and § monte, ‘The relatives and friends of the family ere respectfally imyited to atéend the funeral, fromr'the reddeuce of lia parents, No. 4% Monroe attees, to- marrow (Tuesday) after- oom, at twoo'elock. Mekeay.--On Sunday, Jon, 10, Caxias Momtay, late o€ tie parish of Mullagh, county Gavan, ireland ‘The friends of the family ace respactiully -avited to at- tend the funcrat, to morrow’ (Puer¢ay) afternoes, at batf- past one o'clock 'from’ his Into residence, No 125 Twenige fourth street, wihout further netice. WoMay.—On Saturday, Jom. 9, Sowma, wife of Potor Me'ay, of Aberdeen, Scouland. ‘The friends aad acjuaintarees are respectfully invited to attend tho fwmoral, this (Moméay) afterncse: a6 Laat. pustone o’ciock, from ‘ber lee neaidénee, No. 607 Four stroct. ALerdven papers please copy. Rowe.—On Friday, Jap, 9; afer a shor’ ané severe ilinesn, Mania Lora tor of George W. aad Mary Roome, aged 2 years and 6 dryns ‘Ths funeral will take place tis (Monday) worming, af ten o’olock, from the residence of pareci#,; No. 190 Perry stoeet. The friends of tae family are SO anes 4 ipvitedto attend, without furtherinytation. | @romaing Will bo-axen to Tarrytown for sterwpent. papers please copy. Sacra—in Brooklyn, on Sheday; Jan. 10, sire Mame Suri, wif of Philip #mth, ‘The friends of the family, an! those of her som, Otaries Smith, and of her brother-in Mw, Peter Fitzpatrick, and also of her nephew Charles Quis fare Tespoct!cily inyted to attend the funeral, to-morrow (Tuesday), fro--her late residence, Hopkins street, betweer Belmonico piace and Throop avenue Van Poancom.—On Sunday, Jamy 10, at 2); o'elook, of convulsions, Hanan VAN BLARCEMy alas Jasne! vier, aged 40 years, a native of Paterson, N. J.; was lately a seamam oard the United States steamer Neagara. His friends and sbipmates wih please ailendt efuseral, from his late residence, No. 346 Water street, this (Moa- day) afternoon, at one o'clock. Faterscn papers pleaxe copy. Voor im—Un Sanday, Jan 19, Ouseum Envane, only son of Wm. D. and Fliza B. D, Toerties, aged + monshe and 12 days. ‘The relatives and friends of tho family are nvited to attend the faneral, to morrow (Tuesday) afternoon, at wo o'clock, from No. 452 Broad street, Nowark, N. Youse.—At Mamhattan, near Joliet, Ulimow, om Sebur- day, Jan. 9, suddenly, Carona ‘Tresmrson, w fe of Jobim Young, formerly of this city, in the Gath year of -how age. Weekly ofMeaths In the ety andcounty of New Turk, frem the 2¢ day of Jeaeary tothe Sth day of Jaauary, 1853.- Men, 68; wornen, $3, boys, 127; girs, 109—Toval,.087. Adults, 1017 clildren, 236; m 196; females, 192; od perso@® Hl. Abscers...... 4 ‘Albuminar'a, and Bright 1 diseano of kidneyn,.:. . ‘4 Apoplexy..... 4 1 | Apoplexy, der vous 1 ” ding. 1 4 Bleeding from luage 1 a from Somach 1 2 ! J 2 sot t 7 1 t ation 0 2 a c aton of 1 Inflammation ¢ ney Cancer of ko womb 1 inflammation of | Cannalty.........4. 1. Inflammation o: laags Carualty, by injury to the Inflammation ¢ #omach. Amno.., . «oe 2 Todammation of darvat. Chickenpe 3 Inftuens: maaets Cirrhowis of the liver. .... J Compression of the brain. 3 Concussion of the brain.. 2 Congestion of the brain... Conge-tian of the liver. insanity ......+. ee ed Congestionof the lungs... 3. Killed or mu Congestion of the womb. 1 Lockjaw... Consumption ....6..... 36 Maraemus, odeit . Convuls ous, adalt «1 Maraemas, inteatle, 3 Convulsons, mfantile... 25 Measier.... ...... » cece eel Old age -* 4 Paley seve ey } yacalt. . e+ 2 Promatare: Sth... ....106 Debilit7, infantile........ 1 Rheamati as = | Deliric:ey teemens 5 Scrofirla ° e | s+ 2 Smallpox eeeeers 6 Sprue......... & 19 Stiliborr ay 3 1 | Drowned. 1 Peet 2 | Dysentory .. 4 . ’ | Enlecqement oF 1 Unk pan (not stated)... t | Eprepey 1 Vario joxt 1 | Fragtic re — | Total... escoaders ° AT ‘The number of deaths, comps red with correnzeading weeks of 1866 dad 1857, amd Of past Wook, was aa Cob lowe — | Wees ending Jan. 12, 1856. . “ Tome 10, 1868 : 46 “Jen. 2, 1868. wu « Jame 9, 1898, ast Necrease (his week... ro PRGAPTTULAT.ON——! 4 Stillborn and preceaters Me? PMs iciscseseeese | Generative ongans 4 Stomach, bow Heart and diood vowels. 18, — othor digestive o Langs, throat, &o.......104 Uncertain seat amd Old age... 6.6.6 tal fevers... kin, &c., and eruptive Unknown (pos favor... Urinary organs Cnder 1 year. 0 to 40 yours .* Lte 2yecars 40 to 50 yours .” 210 5 years. § to 00 years «% Sto 10 yours. @ Wo 70) ears .B W to 15 yoars, 70 to 80 yoars...... 4. & WM to 20 years... 6 80 W years . « 20 to 25'years..., > Vuknot +. t 6 10.80 Years... ba — sORER W Ay Knap yeror,s Deparigugul, New Work, yas vy tied