The New York herald., 1844-10-04

sITo THE EpIroR-
Il My DEAR SIR R:-The Brltania has just left, with
sover fJty passengers, which, considering the sra-
son OF the year, speaks well for the prosperity Of
this line of steamers The letters, papers, &c, are,
as they always are, extremely numerous "OtU
viLage," as you sometimes facetousy term II, was
never in a more flourshlng condition, and there Is
no denying the fact, that considerable portion OF
1t is owing to the immediate communication be-
tween England and America. The facility with
which goods are obtained by the packets enables
our merchants 10 be first in the market, and conse-
queatIy attract purchasers from all parts OF the
Union How long this apparent state OF prosperi-
ty will continue, know not, but occasionally can
not help thinking there is too much OF the goa
head" principle III business operations, and look
upon the present state ot mercantile affairs but as
precursor to terrible explosion that viii shortly
take place The credit system Is TOO extensively
pracsed, and, IN 1885 and 1886, paper response
bnity priUute re econme ndation Is suihclent tor
the southern and iCesGn merchants 10 procure any
amount OF stock. Let the community ponder well
upon this.
One great mania here, is that of building. In
every direction blocks ol The most beauiliul houses
and stores are To be seen using as II rem Tho
wand OF the enchanter. To accomplish this, mo-
ney is freely advance d by the shrewd and wealthy
broker, who requires no other security Than lien
upon the bricks and mortal and IN lew years
the interest, 10 say noihlng oi the small principal,
not being Forthcoming, the latter series upon The
whole, leaving the pseuuo-proprietor 10 wake as
from dream, aud mourn over the creation OF his
vauung ambition.
The exhibition Of the Mechanics Institute has
closed. 1t did not come up 10 those OF former
wears. There were too many specimens OF the use
less arts such SAMPLERS daubs oi.anllngs coniec-
tonary, millinery, &c. The best section OF the
Hall was, wnere the agricultural implements and
other scientific ARTICLES were exhibited.
The weather Is beginning To call our people from
the counry, and accordingly the concert, play
golng and lecture season has commenced. Last
night attempt was made by Mr.. Rodney, from
Montreal to open IA Temporary theatre IN the Meio-
deon Tor the performances of Macready, because
Peby, oi the National, would not accede 10 the
demands OF the autocIat o the drama, but in the
afternoon a placard was posted throughout the CITY
posipoDiDg lne opening Til "Wednesday. l know
nOt 1t 1t be true, but near that one oil the princ-
pal Causes oi quarrel between The ctdepdnt English
manager and the Yankee one, Is The raising of the
prices OF admission, winch Peiby Will mol agree 10:
think he Ilght, and II wouiu be well II more OF
our managers would do tne like, and give The stock
performers the means ot eAste nee. only imagine
me great TRACE dian paylng before lew temporary
scenes. he VINO talks ABOUT the love oil his srt
| think II savors strongly OF a love u The iucre
Bail Hughes, the talented sculptor, has just COM
piced model oi the flsuTe oi the late Dr. Bow
dltcn, winch IL pronounced by competent JuGges,a
work ot great skill aud beauty IL Is 10 be cast In
bronze aud placed III Mount Auburn, that beauu-
iul city oi the dead" Politics The paramount
topic OF the uay-money Is plentiful, and all Stale
stocks are decidedly On the advance iou may
near from me In day or TWO again, VI convenient
Yours, always al command, BEN