The New York herald., 1844-07-11

company requiring large capital, to carry out an.
great work, unless the returns immediate. There Il
not that perseverng energy exhibited by the Of bu
sness here that notice elsewhere The result Of ths
is more extensive business in all kinds of bubble
stocks and every thing in which speculation is CARRIE
on to any extent We have had, sinceFebruary consi
derabe speculation in stocks cotton and real estate al
of which, at the time promised to be carried out yer,
extensively During the excitement attending all these
movements capitalists both public and private, rushei
into the business with perfect or and used the bubble
Immediately up. The imitation too rapid and the
explosion premature. These ups ani downs-these
great fluctuations suit the temperament of operators in
this latitude The banks must, before many years roll
by, experience the most powerful competition from pri
vate capitalists. They again WELD that tre
mendous power they hed-their influence has
departed and the power to make break the mer
camille classes has become paralized The CONNER.
cia classes have not forgotten that their distress amds
the revusion produced by the banks these institutions
ground them to the dus-havng them completely in their
power they crushed them in their weakness to the earth
The tables turned The boot on the other leg
The banks NOW begging the merchants to take then
money at the most reduced rates. They fairly in dis
tress for the want of employment for their overgrown
capitals and the commercial classes turn deaf ear TO
theie enreates All the money the merchants want they
loan on, with all their exravagan expenses on their
backs. We know of the renewal Of very large stock
loans, with the banks, at four and hall and Ave per
cent sixty and ninety days. and urged the par
ties borrowing at those rates We pleased notice
this state Of things II indicates better times to see how
useless the banks daily becoming Without the power
to do evil and having had the disposition to do
good they rapidly going out of existence and the
verdict Of the jury their DEATH will be
The from customs received the port OF Bos
ton for the first months OF s4 compared with the re
ceip for the period in s43 show full as great an
increase as at this port.
row 'oa the riR'T sla MOsTH' q, e. isas AND ls
From January March slst $3.50 l2 es
From April TO june 30, 6S4 COS 80 1879 90
81 2N,sls % 27sl,sss .,
This increase amounts to more than hundred per
cent being 2Os in the six months The total re
ceps for customs at this port and Boston for the first six
months Of ls43 and IA, stand az follows 81
REVENUE FROM CusroMs
s:;'i s:. York Il. months; .s months: as,;s IS
ss,sao7ss % Maos.la o
This is certainly wonderful increase, altogether un.
precedented An increase Of nearly three hundred per
cent for six months The greatest gross Of duties
merchandise imported into this country that ever &c.
crued in 1881, under the high tariff act OF
1928, and reached $36,596,llS. importation Of
$780, 400 OF dutable goods At the rate the revenue
from customs has accrued in only ports the past
six tmonths the total for S44 cannot fall far
short that Of 1881.
The movements Of produce, and the great increase in
the receipts of tolls the Erie Canal this season. com
pared with last must be very gratifying those interest
ed in the development of the internal resources Of the
State and the prodncveness our works of internal i'm
provement
Tolls THE ERIE CANAL.
ReceUsd on all the Canals Of the State.
To the lst July, 1884, (being the first "a days
To the July ls4s (beng the first Is days "
OF navigation) ............. 1850 90
Increase. ...$ $l5S, 500 90
Received on the Erie Canal at Tide Water.
Reed for toll up to and ncu & 9Th inst lS4 $l3s "a
do do DO do ls43, 96276 Is
Excess in favor of this year. S4l73O O6
Number of clearances issued up TO and including same
w .ime y. 90 az, g. ,o.. j. $500
Excess in favor Of 1874. 2O6
Increase of tolls received tide this season up TO
sh July, 1874, over amount received up to same time
OF which amount oi increase there e'''S" "
was received at Albany. 80. SAL, ,730 90
Received at Troy. .......... 1O747 on
$50 AIT
or the $l5s3O9 total increase in tolls to the LIST inst
the division stands as follows =
On merchandise from tide water
at Albany and Troy. :. 80. $52,477 90
On products from Western States
at Buffalo, Oswego, &c. ...... b7332 90
On products Of this State. ..... 4S5 90
=- $l6s,30o 90