The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-05-14
EDITORS CORRESPONDENTS
From our regular correspondent

PHILADELPHIA, May l3, IS45.
Stock operations yesterday were decidedly better
than they have been for long time There was
more animation in sales, and more steadiness in
prices The intelligent money article of the Ledger
attributes this healthu change to the belief that
are to have no war with either Mexico or England.
But, whatever the cause, the effect is have de-
scribed it to be.
Professor Jno Frost of this city, the author of the
"Naval Biography, Pictorial United States, and
other popular books, has commenced the publica-
ton of new work, called "Frost's Pictorial His
tory of the World" Of which the three first num-
bcrs have appeared. The first numbers of this work
have already made capital impression upon the
public mind. The style is pleasing and fresh; and
the accuracy of the statements of the author is such
as might be expected from an experienced writer
like Professor Frost. The embellishments are
splenddly engraved, and number of them quite
original. The printing is exquisite, and the paper
of the first quality. This book is destined to have
very large SALE and to enjoy popularity at least
equal to its great merits.
The rumor now circulated by some of the papers
that the August interest will not be paid according
to the late act Of assembly Of this State untrue.
1t is be regretted that the interest cannot be paid
in full from the receipts into the treasury; but that
il will be met, provided by the legislature, there
can be no doubt. Only about 1000 will be paid
from the treasury; the balance, nearly s70O 200,
will be paid in checks redeemabe out of the first
was amused last evening at the motley crowd
which left in the late New York boat, for the great
race on long Island to-day. There might have
been three hundred persons. There were the
heightened aristocrat, the gentleman gambler,
and the low thimble-rigger, jostling each other,
pleasures, the others that they might fall
in with those who would enable them to make their
Journey profitable one. Since the enactment of
our legislature against races, all those who are fond
of that exciting amusement are compelled to 60 to
New York and New Jersey. Some years ago, the
State; but they buried in the same grave with
the lottery system, much to the chagrin of those
who exist upon such excitements.
Mr. Murdoch, the able and popular teacher of
elscution, intends re-appearng on the stage early in
the fall. He has now been absent more than three
years from the dramatic field; and in the course of
that time he has given the subjects Of Shakspeare's
plays as well as the works of most of the great
masters, the most severe and thorough study. He
returns therefore, to his profession, with great ad
vantages, and with character for ability that will
place him in the front rank of fayorte actors from
the start He will appear first at the Park, in New
York, and then at the Walnut, in this city.
Several days ago, accompanied by a friend, !
paid visit to the model farm of James Goven esq,
called "Mount Airy" a few miles from this city.
Mr.. Goyen is unquestionably the most successful
agnculturist in Pennsylvania; and this is saying
great deal. His farm is proof Of the successful
application of the principles Of science to the prac
ca purposes of agriculture, and shows conclusivey
how much depends upon the intelligence, Skill and
perseverance of the farmer. At Mount Airy, all
the latest discoveries in farming-all the new varic-
ties of wheat grass &c.--all the choice fruits and
ornamental trees, may be in their most attract
i've FORMS Mr.. Governs stock of Durham cattle is
alone worth days travel to see. These beautiful
animals have carried off Of the best agricultu-
raj prizes of the country. F. p. Blair, esq, who
designs cultivatng farm in the vicinity of WASH
ington, visited Mount Airy few days ago, and was
delighted, as well as edited, at all he saw. Heck
pressed desire to take advantage of some of the
experience of Mr. Goven, and L am assured he found
that gentleman anxious to communicate his most
valuable information.
A great number of persons are applying for places
at the hands of the new collector and postmaster.
The selection ofgood subordinates is perhaps one of
the most responsible duties of the public officer as
it is one of the most trying. have no doubt Mr.
Horn and DIR. Lehman will discharge this delicate
responsibility with due consideration not only to
the public interests, but 10 the great democratic
party; and while they select officers Of integrity and
capacity, at the same time promote the union and
harmony Of the republican family. It must be ex-
pected that numerous disappointments will be the
result Of SO many applications; but that full justice
will be done to all, have no doubt.
The Bank of England was founded in 1884, and
grew out of loan Of 81 200 900 00O) for the
public service--the government finding difficult
ty in borrowing money, because of the supposed m
stability Of the revolutionary establishment; ans u
issued notes under S20 $1,000 until the year iI5s,
and was the only incorporated bank in England.
Mr.. Robert Morris had conceived the idea ofes-
tnbshing bank at Philadelphia before the COM
of the revolutionary war; but ne did not
succeed in doing so. At the close OF the war, when
hostilities were nearly at an end, he renewed the
project in the shape Of The Bank of North America
which was intended to be a national bank, and
which, having been approved by Congress on the
26th Of May, ISL, was finally incorporated by that
body on the 3lst December, 1871, and went into
tai paid in by individuals not exceeding $40 900
Congress recommended to the legislature Of each
State TO pass such laws as they might Judge to be
necessary for giving their ordinance its full opera
ton. The State Of Pennsylvania did this by pass.
ing an act on the LIST Of April, 1882 incorporating
the subscribers TO the Bank Of North America,
which ACT was repealed bv another ACT ,f tho rama