New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-12-16

free trade homies until every Bank in our country
is bankrupt, and Currency utterly aanihilated
!. Nothing but united, extended LEAGrE" viii
ssavc US. ~
'aazDFsDlASA.-Thc Legislature assembled on Mon
day week and the Message of Gov. Bigger was
delivered on the following day. He states that
the aggregate length Of all the lines OF Internal
improvement in the State is 1891 miles, and the
estimated cos; of the same sl9,914, 1914. Up to
this time only 28l miles have been completed, at
an aggregate cost Of $8,l64,52S. And yet the
State Is now Involved in debt to the amount OF
/ sl5,089, JAG The excess has been created by
borrowing to Pay interest and by selling the bonds
Of the State 10 those who have not paid for them.
or cntrustng them to unfaiihful agents. The
suspended debt thus due the State from the
Norris Canal Company Is $2,l16, 600; from ~tAeF
Companies 1894, OOO property taken from the
Cohens s3llOOO: in all $3,36l,OOO, which is
pretty neatly dead loss. The annual interest
which must be paid by the State amounts to
$4,000. This heavy liability tie Governor
says, the State is unable to meet at present. Her
revenue for the current year is estimated at
1853 881; and her ordinary expenditures for next
year at only So, 80. We arc confident she will
work out yet; but she ought to lay on the taxes at
once and pay her interest promptly
Arkansas is probably abou, to follow the lead
of her Loeo,Foco sister Mississippi and rePuda;e
portion of her Debt 1t seems that the State
loaned her bond, to large amount create and
sustain her Real Estate Bunk, like true Divorce
Of Bank and State Loce-Focos as most of her
People and Legislators mostly OF these
Bonds $500 600 were regularly and fully endorsed
! over TO the North American Banking and Trust
Company Of this City, to raise funds upon. The
n Am. Trus, Co. pledged them to Nfessrs Hal
ford & Co. London Brokers. Thus they stand;
the n. Am. Trust has gone out the Real Estate
Bank and the State of Arkansas refuse 70 pay
either principal or interest, alledging in bar the
frauds Of their agent, the n. Am. Trust OF
course, if this ground be tenablc, paper security
can ever be considered safe or negotiable His
Excellency Gov. A. Yell, in communicating the
determination Of the State TO the unfortunate hold
ers of her bonds, is Us abusive and insulting as
Scoundrel who believes he has the advantage of his
victim would be likely to show himself.
U BosroN on Monday elected Wing Charter
Officers. The aggregate vote for Mayor was as
follows:
For Jonathan Chapman, Irregular Wing -. 4,69l
~ ~
Scattering, (nonc Loco-Fooo) ----.. sS23
For Charles G. Greene, Loco. > 537. 5d9G
Wing vote over Loco, 1859. Chapman over
all, 300. SO Hon. JONATHAN CHAAMAN is re-
elected Mayor
The Wing Ticket for Aldermen is likewise
chosen entire; the Wing Ward Tickets in seven
and the Loco in three Wards; in two there is no
choice.
N" ALABAMA ERECT !" exclaims the Albany
Argus, over an announcement, that Alabama will
refuse to receive her share of the Public Land
Observation-Disclosures the Argus desire that Neo-
York shall be erect n like manner An answer
is desired.
LECTURE oS MUslc-The Lecture before the
New Ysr, Lyccum last evening, was delivered by
LOWELL MAsoS, ESQ, upon the subject of Music,
of which he is so eminent Professor. He con
sdercd the science under its three divisions OF
concert, sacred and devotional music-devclopng
the prominent characteristics OF each. He ear
ucstly urged that Music should be made branch
of education in early childhood, and pointed out
the many and serious obstacles which hinder it,
cultivation among US. The ordinary style of our
fashionable music was satrized with point and Ell
feet and the lecturer introduced many anecdotes
establishing or illustrating his positions. We should
have gladly presented sketch OF his remarks did
cur space permit. 1t was listened to by large
and attentive audience.
70 An article in paper of last Friday, on
the case of the United States Reesidc assumed
that The suit was commenced by Mr. Granger, as
such is no, the fact the suit having bsen COM
mcnced by Mr. Kendall. The correction strength
ems our inference of extravaganza and msmanase
meat Of the Loco-Foco administration Of the Post
Office.
70 The citizens of Franklin County lately held
a meeting at Malone and adopted memorial
praying the State to construct The ogdensburgh
and Lake Champlain Railroad. We regret thai
the pro spects Of this work are not as good as We
could wish While the Counties through which
the Road is 10 run give decided majority for 4
Senator pledged to oppose it, its chance mast De