The New York Herald Newspaper, July 27, 1865, Page 2

2 ee FINANCIAL AND COMMERCIAL Weowegray, July 26—6 P. M. tock morxet was strong and active at the firs asympathetic rise in the entire list, Reading 24, New York Central 13, Michigan Souther 1, Rock Island %, Fort Wayne 134. Cumberland were unchanged. underwont afurther improvement, Coupon five-twen ties were 4 higher, ten-forties 34. Atthe open boar at one 0 k Evie continued strongly in the ascendant, up to 98%. Atthe second regular board there was a further ad. vance. E X, Ohio and Mississippi certificates 3 securities were firm. Ten-forties wore unchanged, At the open board, at half-past three, the upward movement continued. Erle rose to 9734, and Cleveland and Pittsburg to 72—an advance based in both instanc' on purely speculative and meretricious grounds. make the Erie stock worth more than it was this day week, when it sold at 81, but the bulls are run- ning it up on the bears, and how far they will succeed remains to be seen, The directors declared at their meeting to-day a dividend of four per cent on the common and three and a half per cent on the preferred stock, free of tax; but as the money with which the dividend has to be paid must be borrowed, the conclusion which the street drew from the result of the meeting was that it received its im- putse from speculative motives, and the subsequent ad- vance of the stock has justified tits conclusion. New York Central closed at 96, Hudson river 115, Reading 106%, Michigan Central 108, Michigan Southern 66, Cleveland and Pittsburg 72, Northwestern 28, Illinois Central 127, Rock Island 10874, Fort Wayne 9934, Prairie du Chien 39, Ohio and Mississippi certificates 255%, At- Jantic Steamship Company 168, Canton 40, Camberland 23, Quicksilver 577%. ‘Afterwards, on the street, the market continued steady, and Erie sold up to 973. * Gold has beon very firm all day, notwithstandmg the arrival of the Scotia, reporting five-twenties at 715 a % onthe 14th inst. in London. The opening price was 1433, after which it declined to 143, and then advanced to 143% a 4%, at which it stood at five P.M. The sup- ply of cash gold is abundant, and cash purchases have Deen made, in some instances, at 34 below the regular rate. The foremgn exchange market is unchanged. Bankers ask 109 for their sixty days Wills and 109% at short sight. Money is moderately active at six per cent, with ex- ceptional transactions at seven. The discount Hue is firm at 78 per cent for first class commercial paper. ‘The financial affairs of the government are still being actively inquired after in Wali street, and the future course of the Secretary of the Treasury is a matter of considerable speculation. The seven-thirty loan has been entirely absorbed by tho agents of Mr, Jay Cooke, and it is asserted by those cognizant of the condition of the Treasury that the Secretary will be under no necessity for calling upon the banks for a loan im- mediately, although the outstanding requisitions prob- ably amount to nearly three hundred millions. Itvis the intention of Mr. McCulloch, however, to rely mainly upon certificates of indebtedness, pending the meeting of Congress. On the Ist of the present month there were about a hundred and fifteen millions of the old issue of certificates of indebtedness afloat, and these will maturo at different periods between now and the 10th of December next. The new issue already amounts to nearly forty millions, and it is understood that it will be increased at an average rate of about eight hundred thousand dollars a day, until the aggregate oquals that of the old issuc now _ outstanding, The Secretary has the power to receive temporary deposits to the amount of a hundred and fifty millions, only ninety millions of which have yet been deposited. Thore is a resource of sixty millions, there. fore, under this head. The Treasury is paying all the obligations it can, apart from quartermasters’ certifi- cates, in currency. The latter it discharges by paying seventy-five per cent in certificates and the balauce in currency. The heavy withdrawals of specio from the Bank of Bngland which had been going forward for the week previons to the departure of the Scotia point to an in- crease of the rate of interest, The then prevailing rate of three per cent was unusually low, and an advancee of one-half per cent at least would not be a matter for sur- prise. The Comptroller of the Currency has addressed the fol- lowing letter to a Connecticut bank officer in relation to tho action of the Legislature of that State in taxing gov- ernment securities :— Orrick of CoMPTROLLER oF THE CoRnENcY, WasursGrox, July 22, 1565, cannot but express my surprise that the Legislature of the State of Connecticut should entertain a proposition 'y confiscate a portion of the government securities held by inhabitants of that State. ‘The law exempting from taxation government securi- ties is so specific and clear that it cannot be questioned. ‘The bonds were disposed of, and purchased with the pro- Vision of law, aa # part of the contract, that they were.to be exempt from taxation, and the country has received an equivaient for such exemption in the additional price received forthe bonds. * Can any one believe that the obligations of the govern- ment would bave sold for anything like the price re- alized, or at any prige at all commensurate with their value, if ithad heen supposed possible that they could bo taxed by State laws, directly or indirectly? If your Legislature can impose a tax of fifteen per centum on the income derived from government securities, it is just as competent for it to impose a tax of fifty or one undred per cent. It Is a source of regret that any Northern State should fora single moment countenance an attempt to repu- diate or nulify a constitutional act of Congress, and one, too, that was deemed necessary to preserve the integrity of the nation. In one sspect of the case, however, it may be regarded a3 a most fortunate occurrence, as it will serve to show the people that it will not be safe for the government to allow the Southern States to be 80 reconstructed as to permit their being repre- sented in Congress as a unit, as they would be, by mon who would be but too’ willing to unite with Northern men of the character of those favoring the moasure under consideration, to repudiate the national debt, if not by direct action, by an equally destructive , want of action in providing the it. I am glad to hear, aud the whole co: ment securitics in hands of the people of your Stat teen per cent, provided there was an assurance that no farther exaction would be impoved, but without such assurance would reduce the mar ag the next or any subsequent reductive has pasied The State of New Hatpshire a law imposing a tax of twenty-live per cent on the in- come derived from ational securitins. If this action was contined to the two States the re- sult would simply be to deprive the vow Hampsbire and Connecticut of the priy! ting or owning government securitioa, it is very clear that the, States would not get the tax, o» the owners would sell their securities to parties out of the States, or go out themacives with the securities, If, however, other Northern {tates should follow their oxample, and it should be conceded that they had the right to do so, the credit of the government and of the national currency would be practically destroyed. This, perhaps, is the object of the confoderacy in this suicidal «heme, I think I am justilied in saying that there is not the least danger of the proposed uct, if it would become a law, being sustained by the Supreme uurt of the Unites States, 1ys proper that I should say that the Scere. Treasury concurs in my views as to the right Les to tax United States securipies, but is not otherwise ignorant of the contents of tits letter, the proposed act to tax the stock owned by individ qi ks, Lam clearly of opinion that such capital invested in whole or in part in United states soourities, is lable to State taxation only on the atoon nd enclose herewith @ printed stip aining written by E G. Spaulding, of Now York, and one written by m: both concurrin; ws T have stated on the sub: Yours, very respectfully, AN CLARKE. Joun 1. Bowen, President Phe nix National Bank, Hart- ford, Conn. There was a sale by auction of two thoweand bales of New Orleane and North Carolina cotton to-day on government account, The foriner brought from Sle. to 800. per pound for good ordinary and 4c. for strict mid. rning, the “bull” movement in Erie causing The latter stock was 42; higher than at the second board yesterday, and Ilinois Central and Government securities and the rest of the list partially sympathized, Erie gold e closed 834 higher, New York Central 34, Hudson River 134, Reading 14, Michigan Southern 4, Cleveland and Pitsburg %, Rock Island 5, Fort Wayne Government Coupon five-twenties advanced 34. ‘There has been no alteration in the condition of its affairs to a ‘The dustness at the Sub-Treasury to-day was as fo! lows:— Receipts for customs ‘Total receipts. Payments, Balance Subscriptions to government loan. American securities were quoted in inst. as foilows 278,00 tion, Ist morgage, 1880, 7 per cent. Do., 2d morigage, 1831, 7 per cen! Do., Pennsylvania, Ist mortgage, Do,, Pennsylvania, 2d mortgage, 1882, Erie shares, $100 (all paid).. Ulinois Central, 6 per cent, 1875 Do., $100 shares (all paid). Marietta and Cincinnati per cent. Panama Rai % : Pennsylvania Railroad bonds, 24 mortgage 6 per cent, convertible. ...- 82 a 8 Do., $50 shares, 85 a 40 ‘The traffic receipts of railways in the United: Kingdom of Great Britain amounted for the week ending the 8th of July, on 12,075 miles, to £710,941, and for the corre- sponding weok of last year, on 11,674 miles, to £675,792, showing an increase of 401 m‘les and of £35,149, Tho returns of tie Bank of England for the week end- tng July 12 compare with the statement of the previous week as follows:— ++. OF a 69 ., 1872, 7 percent 163 a 105 dudy 32. Public deposits. 4,590,283 Other deposits. . 167229) 245 Government securities 398/909 Other securities. 21'161.005 Notes in circula 22'302/045 Specioand bullion, 15;534)466 Bank on the day following the above report, and it was thought that, should the drain of bullion continue, the rates of discount would be advanced to three and a half per cent. ‘The last returns of the Bank of France showed a reduc- tion in the stock of specie of over four and a half mil- lions of dollars. , Stock Exchange. Wapxuspay, July 26—10:80 A. M. $25000 US6s,5-20,cou 105% 400 shs Erie RR.2d0 92% 125000 do.....+.. 10534 600 9234 1000 do. . 1053 92 10000 US 6’s,5-20,c ni 1045¢ 90 2000 US 5's, '74, cou 96 91% 5000 US 6's, '81, cou 1073¢ O1% 18000 US 5's,10-40,co 97 88 62 61% 6236 6255 2000 Jersey City w1 95 10000 Say & Miss co 24% 212d ‘call 2534 1000 Erie 3d mort... 1003 1000 Ill Central bds. 117 100 shs Cum Coal pre 4134 100 dO........ 4136 100 QuicksilverMgCo 57 200 do ve, BTM 100 do...2d call 57% 200 Mariposa Mg Co.. 18 200 Brung City Lao 1134 150-Atlantic M SS Co 16534 100 Canton Company 3944 100 Abin isiess 3034 600 NY Central RR:. 94% 1000 do pie 200 do.....,b10 600 Tilinois Gon RR.. 128 1000 Clove &Pitts RIE 09 68 600 dos... ., 68% 100 Chio & NW REE; 27 do,..2d call 27 600 Chi &RIslandRR 107% 100 ~ +830 107 100 BOARD. Hanr-past Two o'Cuock P. M. 500shs Hud Riv RR., 113 $4000 US6's, °81, reg 10734 25000 U=5's,10-40, co 97 49000 US6's, 5-20 cou 105% 76000US6's,lyreniss 9734 50000 do. . 91% 10000 Tennessee 618. 72 20000 Missouri 6's... 72 500 do. «. 1087 10000 do......... 723 12 Mich Central RR 107 30000 Ohio & Wiss cor 2532 900 Mich So&N IRR. 6535 100 shs MariporaMCo 1344. 400 GO... sseee 5% 100 AtlanticMailS3Co 166%; 100 Il! Central RR... 12714 500 0... 16634 400 Clevo & Pitts RR 69 SOON Y Central RR, 96° 700 do..... 6014 47 Erie RR. 2 94 BOO doee.c.c.. 603% 1000 295 500 do. 005% 2500 2 953 1000 Chi & NW pref. 63 1000 : 9534 200 Cley & Tol RR.. 102 300 830 9234 100 Chi & Rock IsRR 108 100 60 91 100 do......... 107% 100 do.....,810 95 400Pitts,FLWA&ChIRR 9934 100 Erio RR pref... 88 CITY COMMERCIAL REPORT. Wepnrspay, July 26—6 P. M. Asuxs,—Roceipts, 32 packages, Tho market was dull and heavy, but prices were nominally the same. Brrapsturrs.—Recelpts, 19,614 bbls, flour, 689 do, corn meal, 28,295 bushels wheat, 108,468 do. corn, 30,680 do. oats. The flour market was less active, but prices advanced 10c. a 26c. per bbl., chiefly on the choice brands, closing buoyantly. The sales of State and West- ern were confined to about 12,000 bbls, Southern was firmer, with only a light demand. The sales were about 600 bbls. Canada flour was in moderate request at an advance of 10c. al5c. per bbl. The sales included 400 bbls, Rye flour was quiet; but very firm, with salos of 250 bbls. Corn meal was in poor supply, and with only a light demand prices were unchanged, but very firm. We quote:— Superfine State and Western flour. $5 85a 600 Extra Siate. asneey +67 a 65h Choice State..... +690 a 700 Common to inedium extra Western. +6800 725 Extra round hoop Ohio. .~THa 800 Western trade brands, +8108 900 Common Southern, +72 a 6 50 Fancy and extra di 8 60 a 12 00 6 50a 720 72a 890 5404 590 4000 475 ws -55a — Corn meal, Brandywine, pi 60a — —The wheat market was decidedly more active, and prices of spring advanced Sc. a bushel, while winter ad- vanced 10c, The sales comprised 120,000 bushel, at $1 70 $1.85 for winter red Western, $1 80 a $1 87 for white ‘estern (inforior aualy) $207 for white Michigan, $152 a $2 for amber Michigan, and $146 a $1 53 for Chicago spring. Rye was moderately active at full preces, The sales embraced 7, Western at 960, Corn was less ac Jc. better, The sales wi ¥ for shipment, at S5¢. a 86c. for unsound mixed We maiuly at 87c. Barley and malt were quiet and un- changed. Oats were in moderate demand at O2e. a 624, The market ruled rather more steady under the advices received froin Liverpool, bat prices were without decided change. The private sales amounted to 1,000 bales. The quotations are as followe:— Upland, Florida, Mobile. N.O.&T. Ordinary. 35 36 aT 38 Middhing. . 46 46 47 47 Good middling. 43 “oo 60 61 Corre® remained firm, with a more active inquiry. We note sales of 8,000 mats Java on private terma. Feeionts.—The market was more active, and rather more firm. The engagements were:—To Liverpool, 64,000 bushels corn, at 3d. a 34d. por sailing vessel, and 445d per st-amer; ion, per steamer, at 3d. To Bordeaux, a British ship, 900 tous capacity, ‘on private terms; to Antwerp, 150 hhds. tobacco, at 368.; and to Bremen, £00 cases’ tobacco, at 15s, The charters :—Two Italian brigs, to Glaagow, wheat, at ds. 6d. ; an Italian bark, $20 tons, and one, 290'tons, to Bristol Channel, wheat, 48. 3d, or it to a direct port, Gd. a 3s. Od. ; a brig, 300 tons, from Bangor to Cienfuegos, and back to New York, sugar, 60c., and mol on deck, $3 50; a bark, 336 tons, from St. Jago de Cuba to New York, sugar, 57c. ; a British brig, 269 tona, to Dema- rara, and & bark,’469 tons, to Now Orleans, on private terms. Favrt.—The market was but poorly supplied, and with a good inquiry for nearly all descriptions prices were somewhat better, We note sales of 460 boxes layer raisins at $7, 250 do, bunch at a basis of $6 26; 30 casks Turkish’ prunes, chiefly at 133¢¢., in gold; 60 bags Sicily almonds at 23¢., 60 do. Brazil nuta at 12c., 26,000 Cat Island pine apples at g18 for prime, 18,000 do., second cuttings, $10. We quote best Palermo lemons at #9, as they run, and do, oranges, sound, $11 a $12. Gerace was firm, with sales of 16,000 Ibe. at Ie. Hors, —The market was steady, with sales of 90 bales, fair to choice quality, at 5c. a 300, fancy at 960, Hay was in fatr demand ata slight dectine. We quote extra ‘ ‘We quote 756. w 86e., aocurding to quality. Moras was steady and pricee were without quotable change Nauta —The av were very firm; fa | Clinch, 66, « 63¢¢ y metal, 900 of cut nails was limited, and prices in small Jote at be, We quote:— forged hores, 80 for 8d. ; copper, 60¢. ; y and zine, 20¢,, cash Pnoviors. —RKeceipts, 162 bbls. pork, 55 do. beef, 46 packages cut meats and 66 do, lard. The pork market Yeas active, but were somewhat ling, and 3930. a 48e, per pound for the latter The New York exports, exclusive of specie, for the week ending July 24, compare us follows:— 1863. 1864. For the wook...... $3,046,300 Previously reported 101,602, 166 8,040,304 56 119,002,724 00,502,0 ‘The New York imports compare as follows:— Since January 1.. $105,554, 1868. 1804. Dey Peseeseess $1,845,589 1,486,001 8,500,869 Geo'l merchandise, 1,625,733 1,050,775 2,899,004 ‘Total for the wook $3,400,529 _ 9,446,866 _ 06,208,463 Previously reported. 96,465,780 196,801,007 86,004, 186 noe January 1,.$00,025,111 140,247,773 02,200, Prices better. The rales embraced 6,500 bois, at $31 a 2 for new ters, cloving buoyant at’ $82, cash | and regular; $27 75a $28 for old do., $23 60 a $26 for | prime, $26 a $25 60 for prime mors; also for August, seller's option, about 1,000 bbls, prime mess oat) = $2475. The becf market was steady, with sales of about 900 bble, at $8 60 0 $12 for plain mesa, and $10 a $14 for extra | mess, Also 100 bbia, Invi mess at $26. | Beef hams were in limited supply and prices were very firm. Bacon was dull and nomin ‘nt meats were in good demand nt full prices, The rales were about 650 pkgs. at 15c, alte, for shoulders, and 1940. a 230. for hame, Butter wae in light request at . & Qe. for Ohio, and 28¢, a 26c. for State, Cheese was quiet at 100. | #16%¢c. for common to choice, The lard market was city bale at $110 a $1 20, shipping at $1, new season at | NEW YORK HERALD; THURSDAY, JULY 27, 1865. ‘rude, 21140. a 323;0,; refined, im bond, 52c., and free fo., Te. a Fe. Tice was steady, and prices were withont change. Sugan.—The market was mederately active at full . The sales embraced 150 hhds. Cuba, including srocery and refining grades, at from 10%. a 133c., and 575 bhds. do. on private terms; elso 2,350 boxes Havana at from 133¢¢.t0 17c. ‘TALLOW Was more active and firm, with sales of 75,000 E 04<e. a 116. —The market was steady, with sales of about 150 bbls, Western at $2 11 a $2 12,’ closing firm at the latter price. COUNTERFEIT POSTAL CURRENCY. An Interesting Case of Detective Inge- nulty. UNITED *BTATES CIRCUIT CouRT. Before Judge Shipman, * Jory 26.—The United States vs, Michael Doyle.—This was an interesting case of uttering spurious postal cur- rency. W. J. Hartman testified that he was a member of Brad- ley’s detective police force of Chicago; knew the prisoner; was introduced to him in his saloon at Chicago ag a person who could furnish the witness with any quantity of counterfeit postal currency; Doylo said the “stuff” was to be had in New York from a man named Messner, and offered to give witness a lotter of introduc- tion, by means of which he could get all the counterfeit money he liked; witness said that he did not wish to have any doubt on the subject, and agreed to give the prisoner two hundred dollars and to pay his expenses if he would accompany him to New York; witness and Doyle came to New York and put up at the Merchants’ Hotel; they subsequently went to 30 Bowery to find Messner, but he was not there; they then searched in two or three other piaces for him, but could not find him; subsequently they found him at 80 Bowery; he shook hands with Doyle, and they talked together some time; Doyle then asked witness to wait a while, ashe had to go out with Mess- nor; Doyle and Messner went out together and returned in the course of half an hour; they then took a drink and parted company, Messner going one way and Doyle and witness another; upon leaving 30 Bowery Doylo told witness that he had got the stuff from Messner and a man named Little Hank; we then went to the Merchants’ Hotel; Doyle said he did not want to carry the bundle of counterfeit money about him, and asked witness where he should put it; witness suggested that he should put it under the carpet; witness asked Doyle what he paid for it, and he said thirty-five conta on the. dollar; I sald it was too much, and would not buy largely at such a price; Doyle said they were independent about it, and could sell as much of it at that price as they liked; witness then con- ferred with officer Adamson, who had come on from Chi- cago on the same business; Adamson gave witness thirty-five dollars more, and told him to ask Doyle to get some more currency; Boyle at first declined, saying tho amount was too small to bother with, and that he thought witness was going to buy extensively; but he finally agreed to see Messner again. During Duyle’s absence witness showed Adamson where the currency was con- cealed; subsequently Doyle arrived at the hotel with a friend, when Adamson arrested him and took him to Washington. Cross-examined—I have been five or six years in the detective business; I do not remember of ever being ac- cused of any crime except selling liquor without a license; I decline answering whether I have ever been accused of any other offence. Q. Did you not serve out aterm in the State Prison? A. I did not serve outa term. Q. Any time, then? A. Yes; I was sent to the Michigan State Prison, but was loned out the Governor; the Chiet of Police at cago knew of this when he employed me; there was no reward offered for the arrest and conviction of Doyle; I work for a salary, Mr. Clark, a money broker, testified to the currency being spurious. John Adamson, of Chicago, testified to the arrest of the prisoner and his incarceration at Washington. The cogstertelt money found in Doyle's room _was delivered to Mr. Wood, the keeper of the prison in Washington. William L, Wood deposed that he was the superin- tendent of the Old Capitol Prison at Washington; the pri- soner, Doyle, was brought there by officer Adamson, and a lot of postal currency was given to the witness by‘ the officer, which was marked and deposited at the Treasury office for safe keeping. Cross-examined.—Doyle was confined for about four or five months; knew a man named Croas who was attached to the odyrret Cross was sent into the same cell with Doyle for the purpose of eliciting what information he could concerning counterfeiters; never sent any whiskey into Doyle's cell. ‘The prorecution here rested. The counsel for the defence said he had no witnesses to offer, and would therefore proceed to sum up the case upon what testimony had been elicited. His was that the witness Hartman was trying to earn blood money. In other words, that there was a conspiracy on foot to send his client to the State Prison, in order that the parties engaged in the arreat might come into the possession of a large reward. Hoe laid great stress upon the fact of Hartman having been sent to State Prison once, and characterized his testimony as wholly un- worthy of belief. ‘ ‘Tho case was not concluded when the court adjourned for tho day, ‘The U1 States vs, George Berry.—The defendant in this case is indicted for tho murder of John Reilly, on board the ship Minerva. Ho plead not guilty, and agreed to be ready for trial on Tu next. The Fire Commissioners. EXPERIMENTAL TRIAL AND TEST OF THE NEW FIRB ENGINE THE METROPOLITAN. Yesterday the Firo Commissioners of New York city, and a numerous concourse of visitors, comprising some of the most influential citizens at present in town, who were specially invited to be present, assembled in the premises known as the Corporation yard, in East Twenty- fourth street, on the slip or dockway on the East river. Among the assemblage were the present Commission- ors, Messrs. C. C. Pinckney, President, P. W. Engs, J. W. Boothe and Martin Browne, and Messrs, Zophar Mills, Charles Miller and J, Gorman, of the old Fire Depart- ment, whose interest in the success of the new order of things bas not in the least abated, although they cease to be active participants, in the laudable labors of their successors in the arduous duties involved in the office of Fire Cornmissionera of New York city. Mr. Decker, En- gineer-in-Chief, and his assistants, Messrs. Miller, Salmon and Flanders, were also present. A few words ox- planatory or descriptive of the new engine, the Metfopoliten, may not be uninteresting, as it combines in design ond construction many things new which have not hitherto been applied in the erection of a steam engine, It is deemed the most powerful machirie ever in use in this city, and, considering the apparent scanty area of its motive power, it is in our view a mar, yel of beauty, symmetry and power. The boiler is only thirty-six inches in diameter and sixty-five inches in length, containing the almost incredible number of three hundred and thirteon copper tubes, twenty-four inches Jong and an inch and a quarter in diametor, thereby ex- pos:ng a surface to caloric operation capable of generating & pressure of steam for instant work in about nino minutes. The pumps are two in number, of double ac- tion, and tho steam cylinders, eight inches in diameter and twelve inches etroke, all working on the same piston rods, and ail the (ittings secured with the most durable mechanical skill, by whieh the harmouy of motion at full work is a8 true to time as the most accomplished com- poser in the ecience of music could render his creations captivating in the highest degree, The materials used in the construction of this model of beauty in the steam ongine are cach and all of the choicest articles in their respective kind,*such as the best boiler plate iron cased in wood and overlaid with Russian iron, hooped with bands of brass, a brass dome and fonnel’ casing, with India fubber valves and polished mountings of turned brass and copper where such things are used. The varioug and numerous range of apparatus, not actually in action with the machine itself when at work, are curious and pleasing in an eminent degree from their positive utility, such as the signal lantern, the wheels and brakes, the driver's eat and lamps, oileans for he ee self. supplied; #ig nal whistle, a jackserew et, ca pablo of ¢ ining as much fuel as would work the en- gine for two hours at the highest frossure; a complete set of nozzles, of every bore and dimension, to provide against accident in the event of the one at work becom. ing deranged or disabled, and a hore one thousand feet long, of the bost tanned bullock hide, rivetted in copper, and capable of throwing, with great foree, two, three or four jets of water at a time, a distance of upwards of two hundred and sixty feet from Xo nozzle, rf At the time appointed the operation gotting up steam for the experiments was proceeded with, and this act oceupied only a few minutes, when the first | test was applied, This was by throwing @ jet of water two lenghts, or fifty feet each of the hose, through | hozzles of one and bent Sl one and one-quarter and two and a half inches in diameter. The second test was by throwing two ote or streams of water through the | Same length of hose, afd nozzles of one and one-eighth and one inch diameter, which was eT to the distance of two hundred and sixty-four from the nozzle; and the great test was by projecting one jet or current of water through twenty lengths, or ono thou- cand feet of hose, and a nozzle of one and one-eighth and one and one-quarter inch diameter, which was equally eucccsstul, And other experiments having been | tried, with results fully as satiefactory as the preceeding tests, a trifling accident occurred, in the burating of a weak spot in the hose apart from the copper rivettin which only goes to prove the facility and the sper with which such an accident can be encoun- tered and adjusted, The spray ascending from the faulty and unperceived — lurkii in the 1} Toso to a considerable elevation, and fell in a heavy shower over the enclosure, causing the assembled spectators to run hither and thither in ever, direction to avoid the ment, and caused no small degree of merriment and playful good-natured railing at the expense of those who were most bountifully favored with the refreshing shower under.a scorching verticle sun. This contretemps having speedily evanished, the operation of farther teste was transferred from the inte. | ately active, and prices were a shade firmer. The Sales consisted of 1,050 bbls, at 180. a 240. , the outside price for choice ketile rendered in small lote. PeTuotaus was quiet aud unchanged. We quote rior gf the Food to the river’ , and this was effected to tést ao es) the projectile power of the engine under two different modes of supply. The first series of tests was tried by supplying the I al with water in the ordinary way—by throwing bucket aitor bucket into the : receiver for the pumps; the second test was by taking the supply from an inexhaustible Pom in the river, and this being accomplished on the hy rin ciple and from suction the results were most gratifying in every respect. It may now be averred with the utmost confidence, and without the remotest apprehension that anything rational can be' said to the cont: , that in this one production of scientific and mechanical skill the city of New York is in possession of the most powerful, the most complete, and for all the Parpoess for which it was designed and constructed in practical utilitarian and in- stant operation, a fire engine which stands as a model upon which all wi beside can fashion machines of kindred tendency; but the doubt can the combined skill of the whole world produce a better or suggest an improvement in the design and execution of the Metro- politan Fire Engine of New York clty. THE PETROLEUM CASE. KELLOGG AND HILLYER RECALLED. ADDITIONAL TESTIMON SLOW PROGRESS IN THE CASE, &e., &e,, &o. ‘The proceedings in this case were delayed half an hour yesterday morning beyond the time set down for com- moncing in consequence of the unavoidable absence of Justice Dodge. MR. KELLOGG RECALLED. e Redirect examination resumed—Exhibit H, now pre- sented, represents the action of the company to which I have roferred in prev.ous answers; it is a copy of resolu- tions passed by them. Envelope and contents of a letter dated Liverpool, Ohio, July 8, were identified by wit- ness; had received that letter by mail. (Mr. Field ‘ob- jected to any evidence involving Mr. Goodrich in connec- tion with the production of the letter.] Counsel admit- ed that the letter had been received by witness in due course of mail. Mr. Banks put in the letter as evidence. Mr. Field objected. Further rodirect examination was waived till the opsnion of Sustice Dodge could be obtained on the ques- tion. Re-cross-oxamination.—The telegram from Stebbins to which I have previously referred, stating that there was a flow of oil in the Brown well, was addressed to Mann. Q You do not believe that there is any ofl in that well? A. Not to speak of; understood from Mann that the Brown well was on our premises; Colonel Mann brought back a bottle of oil and said that he had got it from our well on the premises; was informed by Mann that they had struck oil on one of the company wells, and he (Mann) went out there to see how far they had developed oil, and when he came back he brought a bottle of lubri- cating oil with him, which he oxhibited and stated that it came from one of the company’s wells. Q. What became of that bottle of oll? A. Have not seon it since the Ist of June. Q Did the bottle disappear at the time of the commencement of these proceedings? Objected to. Q. When did you first notice its disappearance? A. I noticed its dleappearnnce from its accustomed place in Colonel Mann’s office about the Ist of June. MR. HILLYRR RECALLED. ‘Witness testified as follows;—I do not remember that Mr. Mann pald me various sums of money in bank bills; I am satisfled from my bank book that the following payments were made to me:—On August 29, $1,000; August 21, $300; September 15, $350; \- ber, $1,000—this, I think, was in payment of’ the note reviously given; there was a note of November 8, for 2,000, which was paid; bed also received a note of H. T. Fitch, for $1,000; there was a draft drawn by me on Sa- vannah, for $2,000, which Mr, Mann paid; thare were other sums, the whole footing up $11,330, including $1,500 for expenses incurred by me in the rgrvice of the Accoutrement Company, which was. did not pay me $500 on the 224 April; ary Colonel Mann, in the presenco of Peter Bixgin- and a witness, presented. an account of his receipts ¢ all the accoutrement contracts, by which it appeares one. sixth of the net profits thereon amounted to $6, a; the account was not discussed the time; ry assent to the account; did not t it as a settlement; the point of difference between us expense account of Colonel Mann; on the 27th of April thero was a full acoounting of all payments made to me by the Colonel, to which we both acreed; the Fitch note was then accounted for; Cpe Ly ae his <: pense account, as presented to Higgins, several thousan dollars ; me remember the items Mann struck out from his expense account, but they amounted to $5,000 or $6,000, leaving me some $1,500 more to receive lowed him to retain a $1,000 for ol! subscriptior his bill for $620, which would be paid before the actual maturity of the: draft of $6,000; in April Gaylord owed Mann $3,000 on his draft; Mann represented the Boston interest and witness’ own in the accoutrement contracts; told Mr. Mann that if he did not reduce his expense ac- count to what was fair and legitimate he would fight it, Q Did Colonel Mann state to you the expense of pur- Yale took chasing lots Nos. 7, 8, 9 and 10? A. Yes, he did; n stated to mo in May that lot No. 7 cost $5,000; that he had paid that amount for it; subsequently, about June, Mann dec! that No. 7 was a portion of a large tract of land which he had owned for a number of years; the time be said that No. 7 cost $6,000 was after the company had been organ- ized, and ho (witness) had b’come a member of time Mann stated that he paid $5,000 for No. 7 also that he paid $5,000 for No. 6; at tle time Mann sold No. 7 it was a portion of a largor lot belonging to him; ho eald that he had bought it for $3,000, and tho -reason that he had put it in at $5,000 was because that immedi- ately after leaving the house where he made ‘the pur- chase he was offered $5,000 for it, and that therefore he thought it right that he should charge the company the price that he could get for it; at a meeting of the Hoard in June Mann stated that he had contracted to purchase the land from Stratton; that Stratton had purchased it from Goodrich, and he from Stratton; Mann also stated that he paid '$9,000 for lot No.6; he did not at the meeting in June’ say thet he paid any particular price for these lots, but he stated that he paid $30,500 for all; he stated that No, 1 had cost him $10,000, and lots Nos, 2 and 3 $15,000; he also ata that he had paid no speciiie price but that the whole had cost 339,500; that he did not know what the value of No. 6 it was lugged in; Stratton was elected a trustee of the company in the place of Kellogg; had believed Mann's representations aont the prospects of the company ; first doubted them, when he (Mann) proposed to exchange the Goodrich farm for the lease of the half acre adjoining lots Nos. 1, 2 and 3. Re-direct by Mr, Banks—Q Did Mann make other representatious. to you in detail to which you have not testified? If so, state them now. ‘Objected to, Waived for the present. ‘Witness expjained in reference to his previous evidence in respect to bis profits on the accoutroment contract that he was represenied as saying that his profits were Laer dmb cents per set; his protits were not so high as HEXRY W. GOODRICH RECALLED. Croas-examined—Reside in Chelsea, Mass.; first met the accxsed, Stratton, on the cars from New York to the oil regions; made his acquaintance; was not introduced to him; it was in February, 1865; I went to Franklin, Venango county ; staid at the same inn with bim; it was Stratton’s suggestion that brought them together in the oil business; Stratton spoke of the Washington Company, afterwards the United Service Company; told him be would get him (witness) a superintendency; went to the oil regions on business partly and partly to speculate in oil ; had sufficient money to Pay his expet Stratton told him that as superintendent he would have $2,000 salary ; was at the time out of business; had been assistant freight agent on the Grand Trunk Railway at Boston; ‘was five or six months as such agent; before then was on the Great Western Despatch; had charge of the oifico, giving out bills of lading, &c.; am civil engineer professionally ; was engaged in that occupation in Massa- chusetts and Maine, &c. ; am somewhat familiar with the construction of steam engines; the next time he saw Stratton on the subject of the oil company, told him that I thought favorably of taking, the situation ax superin- tendent; Stratton then told him to go to New York, and that he would follow him. there; this conversation took lace in Greene’s Hotel, Venango county; Stratton said would follow to New York ina day or two; witness arrived in New York two or three days before Stratton; Stratton did not to me about subscribing my but he proposed that I oa aee self, should go to Boston and collect subscriptions from my friends; that was one of the stipu- lations for getting the superintendency, that I should iy subseribers; he said that he had $2,000 stock that wanted me to dispose of for him; went to Boston imme- diately, inly for the purpose of iting sub- scription got _ subscribers there; cannot pomtively state anythii particular was said about the company at this time; he camo to Boston after me, and as I wanted some information about the com- fan asked him some questions about it; that was the rat time we had a conversation about the y; did & know Mig Fd Keira doing ey) “A rey . jut Supposed he was engaged in buying and selli cannot say whether Stratton told im in ‘Boston the names of the subscribers to the company; had induced Pome to subscribe in Boston, among others, his sister-in- jaw, and @ friend of the name of Bellingham W. Lawford ; there was a person whose name he fc there wae Geo. A. Whitney, and Harriet Harris; (2) father and son; four thousand doilars was the aggre- gate sum of their subscriptions; I had authority to give my receipt for the company; cannot say that the names of ane geen non ‘Aypended to the subscription list. Beve juestions being put and to, were Court could be had waived till the ruling of the on them. Adjourned at a little after five P, M. to half-past eleven o’clock to-day, Froope at at tun West. —INi Iowa and Wieconsin have experienced a rain atorm of almost equal eq with that which produced the Noachian doluga, effects have not been quite so disastrous, yet in some to the doth of mveral fet, and oepetaly along lanp to the of several feet, lor river courses the damage has been heavy. At Scouter Wis., for instenoe, the water was five feet deep in the tesa stroeta. Tho greatest damage, however, has done in Iowa Tho rivers have risen to a great height, and pny ee have been carried and destroyed. Tn Washi county the loss has been heavy. The _— were Cy eye Dubuque apd Sioux ity to the extent of one hundred thousand dollars. On tho low lands grain has been Pp and many flelds of wheat bave been aban- (08 worthlegs. * CLOSING \BXEROISHS OF GRAMMAR SCHOOLS NOB. 7 ONB AND BIGHT. Vacation has commenced in the public schools. For several weeks the children will forget the spelling of polysyllables, the “cuts on the Fifth Book,” quadraties, the “mysteries and miseries of natural philosophy” and the drudgery of school discipline and exercises. There were closing exorcises at Grammar schools Nos. Land 8 . hey are both fine buildings—the one located in Vandewater street, and the otherin Grand street, Atboth the children wore their gayest, lightest ‘and brightest plumage, and the sternness of the teachers was suddenly transformed into the mildest affability. ‘Tho decorations of No. 1 were scanty, but bouquets wore plentiful, and the pretty teachers fluttered about with a most enchanting air, The exercises were announced by Mr, O'Donnell, the Principal—who isa man of businesa— and were as follows: Hymn. Aildross—Kate Brophy. Chorus—‘T Love to Sing.” Recitation—‘Eagle and Vulture."’ Wm. Coughitn. Duet—‘“I’m Lonely Since My Mother Dipd.”” Mary Kleinberger and Catharine Ward. Reading—“Three Grains of Corn.” Fanny Crowe. Solo-—* m by the River's Side.” Maria Ward. A Dialogne—SGhs 98 Gealns.)! Rose Brophy and Dora ea Sem{-chorus—‘Smiling Faces,” Recitation—‘Yorkshire Angling.” James Church. Reading—‘The Leper.” Lizzie Abbott. Semi-chorus-—“Prisoner’s Hope.” Reading—‘Barbara Freitchie,’” Jane Oppenheim. Solo—“Beautiful Isle of the Sea.”” Mary Hagerty. Recitation—The Polish John Nammack. Duet—‘“Music and Her Sister Song.”? Lizzie Murphy and Mary Hagerty. Piano duet—John and Mary Drew, Dialogue—“The Nonpareil Gazotte.” By nine girls. Chorus—"Light Tripping Measure.’’ Recitation—“sheridan’s Ride,’’ Master John O’Brien. Chorus—‘Victory at Last.” Composition. Lizzie Rossiter. £olo—‘-Fishes in the Sea,”’. Rose Brophy. Reading—‘Miss McBride.” Mary bes 8 ‘ar. eres Art so Near and Yet so Maria ‘ard, Reading—Touch Them Tenderly.’’ Fanny Crowe, Duet—"Come Where My Love Lfes Dreaming.” Parting song. Among those ment wero Commissioners Miller, West, Bogurt and Farr and Inspector Hosea B. Perkins. Several of these gentlemen made addresses to the chil- dren, and their parents and friends who were assembled to witness the exercises, and Mr. Kiddle, the attentive Assistant Superintendent of Schools, delivered a short congratulatory speech to the children and their teach- ers. Hosea B, Perkins made a few remarks on the ad- vantages of education, showing it to be the greatest bul- wark of safety against the machinations of petty poli- ticlans and domugogues. He concluded by roading, in his accustomed happy. style, Holmes’ “Flower of Liberty.” Some further speaking followed, and the exercises were brought to a close. At Grammar School No. 8 the exércises were much the same as those at the other school, and the following was, tho programme :— Reading the Scriptures, Anthem— Come unto Me, all yo that Labor.” Chorus—“ Peace, PSL cannyctone Sheridan’s Ride.” Master Willio Sar- h. * Solo—‘‘ The Whits Squall.” Willie Mackey. Composition—.*Comp. Microscope.’’? Andrew Merz, Chorus—“ Dotng Nothing.” Dialogue—“ April-fooling the Schoolmaster.”” Solo and Chorus— Tenting on the Old Camp Ground.” pene the Little Drummer.” Master Mark nley. Chores—“ The Drum Tap.” Drill, poi ah iy! Schmoker.”” mposition—* Islands.” F. Merz. Solo and Chorus—“The Prisoners’ Hope,’” W. Mackey. Recitation—“ Scott and the Veteran.” F. Lamb. Chorus—‘‘God for Our Native Land.” Dialogue—From “Handy Andy.” Chorus—‘ Summer ’s Going.” Soio— How can I Leave Thee?” Addresses, Doxology. ‘These were followed by addresses from several of the school officers of the ward, including Mr. Russel, the chairman of the local board, and others. The school room was dreased with national fingsy banners and the names of Grant, Sherman, Thomas, Sheridan, Meade, cate ed and other heroes of the victorious forces of the ion, ‘The lady teachers distributed the bouquets to their favorites among the gentlemen pres-nt when the exer- cises were over, and Miss Keane, the first assistant, showed both her quick perception and elegant taste by the selection of her favorite. The exercises were gone Mrough tn both schools with an ability on the part of the vils which is a high compliment to the teachers and whole school system. There are many differences of C) among the most experienced teachers as to the advasadges or dizadvantages of these public exhibitions, as the teachers have to employ considerable time in pre- paring the pupils for their respective pers, which might Otherwise be employed to more solid benefi * J. Kuehlke. The Clever Fellows’ at Tottenville, 8S. I. * To be clever is one thing, and to know it is another. The knowledge of the fact, where there is sufficient ground, seldom makes ono conceited; but then such things have been heard of as people’s imagination standing them in good stead for talent. A girl who is pretty and is ignoront of her charms is difficult to discover; and, we presume, on the same plan a ‘clever fellow” has @ perfect right to speak of himself as a clever fellow, to introduce himself to you as a genius, and, of course, to join the Society of Clever Fellows. The Clever Fellows’ Club have encamped. They hold their feast of tabernacles on Staten Island. About five minutes’ walk from Tottenville station, at a place called ‘Biddle’s” dock, though why Biddle’s and not Toodles’ dock, does not appear. Over fifty mem- bers of this club have held open house for their friends since the Ist Inst. It can be easily imagined that they have in the imterval between that time and the been astonished at the large number of friends they, wssess. Nothing, certainly, superinduces more to the nowledge of our admirers than the fact of it bein, Known that youthave some champagne of the first brand, with a proper accompaniment of substantials, which you are anxious to get ridof. Mr. White, whom you have not seen for years, together with Messrs, Brown, Jones and a host of ‘others, suddenly turn up, and ex- press their anxiety al your welfare ‘and that of your family, if you chance to have any. Smith will tll you it was but yesterday he was talking to his wife about you, and wondering why you never dropped in, when ‘at the same time you are eatisfled Smith never spoke to his spouse or wondered any such thing. All this is but natural. Man is decidedly a mercenary biped, and is not so much (o be blamed. However, even if hospitality were not the order of the day among the “clever {eliows,” the beautiful apr surrounding their retreat would attract a number of ad- mirers. Re! ocean dashes on pay ond afew ards, while a Jan:»cape possessed of all the components Jecessary to beauty spreads right ‘and left. It is a place whore Virgil might with delight apostrophise Tityru “reubans sub legmine, 77 We won't be positive about the “fvgi,”’ as our botanical knowledge is limited, and we could not tell a beech from a sour aiple tree, The build- ing, which is commodious—farnished with dining, sitting ‘and billiard rooms, 4c.—was formerly known’ as t Roxbury Hom and has been made to undergo tonsive allerabons since coming into’ the bands of the club, et Ma ‘The club obtained a ¢varter during the last seasion of the Legislature, and has ucquired since @ large accession to its numbers. The following are the names of their otticers:—Hon. W. C.+ Conner, President; Henry J. Edi Vice’ Presidents; A. Mill AL W. Lockwood, Treasurer, tors is composed of Hon. J. E. Ellery, Alderman Kelly, Frederick Anderson, William Gal- lagher, J. W. Lingard, J. A. Flack, A: B. Rollins, J. Jounson, Eeqrs., and the Hon. A. Williamson, ‘This is the second year they have encamped on Staten Island. As they can hardly secure a better position we may Peet to see them for summers to come. We understand it is the intention of the club to give a series of summer nights’ balls, which we are fied will be well attonded by their Indy friends ‘The encampment can be reached by taking the Staten Island ferry and proceeding then about eleven miles by rail, or by the steamer Magenta, which leaves the foot of Barclay street every day, At some future time we may enlarge more on the pleasures which those Clever Fellows enjoy at their delightful retreat, Obituary. REV. BR. 'T. COOK. When s good man anda practical Christian is taken from the circle of friends who knew him but to love, honor and praise, however limited that circle may have been, his loss is severely felt, even beyond the sphere of his labors—outside of the miniature world in which he \moved—and a void is left which only the lapse of time and tho flight of years can fill. On Monday last such a man was lost to the Wainwright Memorial church, fhe church edifice, at the corner of Hammond street and Waverley place, shall know its late pastor, E.R. 'T. Cook, no more forever, Last week the deconsed was a man, enjoying all his faculties to the fullest exten’ was attack with a fever of typhoid character. On Sunday Inst era §=were by his congregation for his , but on the en- suing day he di and funeral will take lace this afternoon. Memorial church, over which led, was jiged shortly the Wainwrtyh howe name it took ia posed of a portion o old parish (under St. Jude’s), and th the vices by Bishop Potter Tt will be dit it to supply his people. {sion om the Camden and Amboy Rall- Coll: on nena vy the Newark Journal, July 26.) Es On Saturday two trains on Camdon and Amboy Railroad came Ceo ent re on ington, coming fy ete qy cars, 4 em a roman pemed William Lewis, who ee the locomrtive into tho canal and was drowned. accident was occasioned by one bapa ak fi the track, in 8 place where ANOTHER GREAT RACE. CHALLENGE TO THE NAVY DEPARTMENT, Economy Versus Extravagance, 70 THK EDITOR OF THE HERALD. New York, July 25, 1868. Sm—The facts contained in the accompanying letter are such as to justify me in asking the co-operation of the public press in the effort Iam making to expose by an infallible demonstration the true condition of our naval engines, The letter states ui] the material facta, and needs no preface:— Hon. G, V. Fox, Assistant Secrotary of the Navy:— Sir—The engine of the double-ender Algonquin is now ready for service, and the circumstances under which 1 was built, and the facts that have occurred since it wad finished, would seem to require that some special attons tion should be paid to the trial which, by the contract, must be made of its qualities. ‘AS you remember, I endeavored to convince the Navy’ Department in 1862 that tho new style of machinery which was adopted for the new navy was defective in every particular—viz., in the boiler, the engine, and the condenser; but I was unable to command enough atten- tion to receive a re to my letiers, Afterward, Mr, Forbes, for whom I had made some en~ gines, which had proved themselves the best in the world, actuated by a desire to give the government thé benefit of those plans which he found so serviceable in his own great business, and by the use of which had been enabled to drive the English steamers out Chinese waters, proposed to you, with my approval, thag I should be permitted to alter tho plans of the engine one of the numerous ‘‘double-enders” then building, so as to make it similar to his engines in certain particul supposing that the same good results would follow as ta his own case; it being understood that I was to receive no compensation for my services. ‘You objected to thid Jan, but proposed to Mr. Forbes that you would give im @ contract for an entire engine at the current rate— eighty-two thousand dollars—which he at once ac without knowing or inquiring how much money was to be lost on tho contract, When the papers came tobe executed you it 4 extraordinary terms on Mr. Forbes—first, by withholding one-third of the money till after the final trial, whereas oll other contractd only withheld one-fifth; and, secondly, by requiring a stipulation “that if, on the completion of the ma chinery, and a careful trial thereof by such persons ag may be directed by the Secrotary of the Navy, it shall be found by them tbat its performance, either in amount of power developed or in the cost pro rata of that power im coal, is less than those of the machinery described (7. ¢, ‘of the other double ender), Mr. Forbes will remove tt, and replace it at his own cost with the mieshinery similag to the others.” By this clause you reserved the power to appoint any person you chose to decide the qu and bound Mr. Forbes to abide the decision, however un« just it might be; but Mr. Forbes consented, assurin, .@ ‘of his entire confidence that no injustice would be auu@ him by you. Immediately after this contract was signed, and before the plans of the engino were matured, Mr. Isherwood assured different persons, wlio reported it to me, that he “qneant to put the engine of the Algonquin into the scrap heap;?” and that declaration he has made constantly from time to time ever since. I reported this fact to Mr. Forbes; but he still expressed his faith that you would insure him a fair trial, notwithstanding the chief of the Bureau of Steam Engineering. When the engine was completed, the department ordered it to be run at the dock for ninety-six hi instead of the trial at sea required by the conty change assented to by Mr. Forbes, and proper to bent made, because all the othor vessels of this class had so tried, On her trial of ninety-six hours at the dock, the Algonquin exhibited her great superiority over the other double enders in every particular; as a comparisom of her log with the logs of the others will show. I have before me the log of the Pautuxet, which was built by the same builders, and tried at the same dock as the Algonquin, and which was considered by tho department as Ki as _~ of her -ciass—your engineer having - 4 ported that ‘there was no room for improvement.” refer you to it as a atandard of comparison in the follow- ing particulars :— Firs.—The boilers of the Algonquin worked over no water. Those of the Pautuxet worked over so much’thas the salt water donkey pump had to be run to Heil them frequently more minutes in one hour than th Algonquin required in ninoty-six hours—the Algonqu’% only using the salt feed less than thirty minutes in tie wholo trial, and that only to supply losses by three acel- dentad steam leaks, since close Second.—The engine of tho Algonquin performed whole trial without heating any part of it, and ran 80 that no man standing in the engine room could hear is move, as your engineer on duty can verify. Tho Pau- tuxet heated up all the journals, and had tostop frequent- ly ta key up and cool off, ‘and, a8 with all the others of _ her class, she “thumped” and pounded so as to jar the wd -The surf nd of the Algonquin sup- ird.—The surface condenser lied the boilers with fresh water without any material 80 that the saturation of the water was only increas+ od from one-eighth to fifteen-sixteenths in ninety-st® hours—and this was done by the leakages before men tioned, and not by any fault of the condenser; whereas the Pautuxet’s Boilers were salted just as if a jet condeu- ser had been as is the fact with all the “double enders” using Sewell’s cond which, as you know, havo returned from sea with hun dreds of their tubes flied with scale and burned out. The feed water, too, in the Algonquin was returned from condensers to the boilers #t one hundred and one degrees of heat, whereas on the Pautuxet it was low as seventy-four degrees, and averaged loss than one hundred dog Fourth.—The Algonquin turned her wheels sixteen bundred revolutions more than the Pautuxet in the same timp; and her wheels have wider buckets than the Pau- tuxet, and require more power to turn them. Fyth.—The Alzonquin used only nine hundred and pois! pounds of coal an hour, making more turns; where as the Pautuxet used fitteen hundred pounds an hi making less turns. The firemen of the Pautuxet aerenrr’ men, selected for their skill by Mr, hasan ing, and the coal was good. The men who fired the Algonquin were not practiced firemen at all, one exe cepted, and the coal was very dirty and bad, as ongincers reported on the log. So little fre was that the dampers were most of the time clased, and wae of the fires more than once died out entirely, and had be rekindled from the other furnaces. Still these re- markable differences occurred in the result, By the terms of the contract a final payment of ones sixth of the price, less thirty-three and one-third pee cent, was due when the work was completed and the certilied by the superintending engineer. Accor after the trial tho superintending engineer certified usual bill, and it was duly endorsed by Mr. Wood and the admiral in New York for payment. When presented ta Mr. Isherwood he refused to it, and the contractor is kept out of his money in plain vielation of the agree ment. In answer to the demand of Mr. Gardner, Mr. Isherwood declared that the “Algonquin was a dead failure’’—that her economy of coal was not bed wre ad that of the other boats—and therefore he had refused to pass the bill. If it had been true that the Algonquim ‘used more coal than the others to do the same work, it it would not justify this refusal to pay, because there ig no pretence that during the trial the engine failed in of the particulars which by the contract this was made to test. This was not test of econo~ my, and so the contract shows The require: ments of the contract for this preliminary ee thorough the satisfactory strength, reliability, practical efficiency and curate ‘of the entire machinery.” The Algonq.ia complied with all these conditions, and is the only on@ out of the whole twenty-eight which has done so e has heated or beom BE other one jour compelled 10 stop because it would be jerous te continue running at sdme time during tho trial, Suil, in the face of these facts, she is officially ronounced a “dead failure” by aman who never saw er run, and whose entire knowledge of her performance is derived from the official re; his officers, inform. ing him that in all these particulars she is perfect. she used much less coal than any other boat—not that some uscd—and made more revolutions than any have known. This conduct on the part 4 pated, and tt ts in accordance with aes sapeies deciaras tion that he “+ meant to put the engine of the Al into the scrap-heap ;”’ but it needs no argument to that it is an outrage upon Mr. Forbes, and a gross viola tion of the contract. In this state of the case 1t is apy it that the Algons quin’s engine is on the way to destruction @nless you interfere to have a trial made such as the contract for. be must equal one of her clase “ in the amount Fran atiar any rae in |," in order to comply wi e inet el which that question can be tried, and that is to bring her into com parison with one of her class under the same condid tions.” There are twenty-five of her class now im: existence, of which some are, like the Algon just completed. You have the choice of the w twenty-five, made by eighwen different builders on thé same plan, to select the one which is the most perfectly executed. Mr. Forbes has but one, on the plan of Algonquin, to meet the twenty-five. Select the best the lot, or take them all if you please, and woigh the Algonquin, and into each of them the same of the same coal at the same time; then let them together over a measured distance, say to and {ro over @ course of twenty miles, marked by two stake boats, am ehored in the North river above and below New ‘until one has ased up her cool; and then let tow the one that gives out first over the same track her coal is used up. That tost would be fair to the at least, Neither vessel could have an advantage im fuel, tide, weather or work to bigeye ‘The veseele being alike and loaded alike, would offer the same resists ance, and constitute a perfect dynamometer. The variou® committecs which bave endorsed engines might be invited, and it would save & great ex- mee now going on at the Novelty ind out whether steam will expand in a steam o} with advantage or not. Will you not order such @ t to be made? L trust that this lotter will¥not_be misunderstood. om not a cuppliant. for either favor or justice at the bands of the departm wore, what has happe [should deserve your contempt. have no The time, Jabor an I bave besto’ on the Algom quin ant tenho wore expended with aalue ie rears to do some service to the coum try. cause of science, my im) the ——— are far beyond Att ta which have ‘a doad failure. They will live on generationg which will never heard of the existence of their ree vilers. trial—not as noble patriot tine edt servants. it can has becg ‘eronounced (ral cas