New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-02-23
VOL. III. NO. 27l.
Politics An Pittsburg-Trade-Rev Of
Business-Orego n Fever.
Correspondence Of The Tribune.
PITTSBURGH, Feb. 1s, 1913.

Among other political on dsts at present aiioat
is this, that Hon. HARMAR Denny will be prom-
nent candidate for the Wing nomination for Gov
ernor Of Pennsylvania. If high character and
sound Wing principles are any recommendation,
he has them; and being the fast friend of Tariff
for Protection, as we'll as for Revenue, Re would,
without doubt, be highly popular in this scction;-
but whether he would concentrate the strength of
the Wing party Of the State is beyond my ken.
An Anti Masonic Convention has been called to
reorganize that party 1t is certain that in this
region that party has considerable influence, and
its Reorganization will have an influence on the
Wings for veal or wo, as it may be used. The
Anti-Slavery sentiments held by many of that party
will doubtless enter into its creed
Trade is very dull, even for the season. 1t is
conceded by the eldest merchants in the city that
money never was SO scarce in the hand, Of the
people. Yet fsnds were never more abundant for
first-rate men. Paper with second or third rate
eadorsers is very hard to get discounted. The
President of one of our Banks estimates the
amount of capital now lying idle in the moneyed
institutions of the city at 5000 000 but, for want
Of confidence, it cannot be employed. This sum
is sufficient, if thrown into circulation, TO revive
the manufactures of the Iron City to their former
prosperity. Manufacturers and dealers in the city
cannot credit the countryside country cannot raise
cash to purchase supplies even for economical con-
sumption, and thus ruinous distrust pervades every
| department. For want of demand, manufacturers
| anguish; orr pushed with energy, have to be
forced on the market at inevitable depreciation
Thus iron and nails, heretofore considered cash
| l., Il. a.,
diminished as it is, overrunning the demand; and
though nsminally held al former rates. for cash are
at considerable discount. 1t cannot be said that
the consumption Of our manufacturers need be
less than when speculation was at its hight. The
same number of artisans and laborers are in the
countryside same capacity for production-th"
same energies to be employed and tho came bound
less for the display OF those energies lhcse
considerations make the paralysis OF every species
of labor, consequent upon enormous lmpertatIons,
the suicidal doctrines of Free Trade, and the sPc
cious of an exclusive Specie Currency, stand
out in bold relief, especially in their influence upon
manufacturing interests. A revival of business is
by some confidently looked fer; but it is evident
these expectations can be realized only to a certain
extent The distrust among men inlerposes an
cfectua barrier to any extraordinary operations In
tGada. 1t is true the country-amost the whole
VESTS bare of goods, and it is this dearth OF
supplies which creates market. The people, for
two years, have been wearing their old clothes
but the old clothes cannot last for ever, and of
thousand other things. New must be had. How
can this be effected? The country has not the
cash to buy, and the city will not credit: what is to
be done? Thanks to good Providence, the hard
times have not fallen on the soil. Though the
country merchant cannot raise cash, he can get
produce, aad this can be forwarded to market
without any advance charges; that will be done
by the carrier and consi gnee. When sold even at
thu present reduced rates. enous will be realized.
with such cash he can take, to- lay IN stock OF
goods and pay charges home. Thus the thing is
done, and in this way alone, imagine, 80 long as
the present want of confidence remains, can re-
vival of business take place. Those who have
the best knowledge of the amount of cash and pro-
duce in the country, and the demand fer it in the
spring at home abroad, csa on tho whole,
form the nearest estimate asato what extent bust
ness will revive.
The Oregon fever RACES here. Since the visit
of an agent from Missouri on his way to Wash
inston City, sundry meetings have been held and
projects formed for emigration TO that newly found
FL Dorado; but whether any OF our citizens Will
be 80 foolish as to leave q comfortable home for
wilderness, remains to be seen. The Writ In
sti,u,e is endeavoring to secure Prof. Si!hman
during part of April and May to deliver course
of lectures on Geology. Among other novelties
of the day is a new phase in the Social Commu-
nifty system, of which will give outline in my
next. A call appears in one Of the morning pa
pcrs in behalf of the lone star Republic, but 1t is
too late in the day. Texas may be annhated
for all the aid Western Pennsylvania will afford.
Tho Westinghouse are making preparations for
the celebration of the 22d, and the dedication OF
I fle
current of few leading articles sought for ship
ment TO the East:
Flour 81 50 Sc choice brands 62!: ~ ~,
GrainSWheal 50 cents; Oats l2 IA; Corn 20 p Rye
ST cents per bushes: :, 60 rr,mo,bv du,, a, 81.
Seeds-Cover Seed quick al ~ Aifio'iS '"'i AZ 60
Erni,Npred Peaches and Apples-Peaches 81 l2i per
Ops"e pan Il GEMS Cheese Western Reserve
A s. dull; Bacon hog round city cured, cents Coun'
=, codee. the stocks are heavy following rates; ST.
Domingo 81 % Rio 10 III Lagura iGs ~ oooss
Freishts 10 Louisville and Cine ipnai--ro "ee'S so'e
10 u III for light 25 cents per lVo IDS
The navigation is open, and = feet of water
in the channel.
Considerable shipments of Flour and Bacon
NAV be expected when navigation opens on the
canal. Sleishing in abundance, Of quality to
charm an E,quimaux. ANON.
SOUTHERN CoAsr.-The senior editor oi this
paper returned from an expedition down the south
crn coast of Florida, on Sunday last, after an ao-
scnce OF over FIVE weeks, during which period the
gentlemen who composed our party Messfs'
Humphreys, Wharton, Zyistra, aud Russell, } have
greatly improved in health, although they had
much hardship and fatigue TO undergo The coun-
try abounas with fish, oysters, and game OF every
descriptions to such an that it is beyond de-
seription-with little or no troubie attendant upon
procuring them. The climate of this section OF