Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1845-10-25
ENGLAyDAN DRAuwAys Tho t.,.r

upon the sab,ect OF internal impro>em ,nts. i'm
this country a lew years ago, when the States
OF the union became involved in debt to
the amount vi 500 .000. OON. was a matter oi
very little surpris,, though very fatal ian its
consequences. Ii was Il n..Iid Tor SpeCula-
ton growing out of the peculiar state of things
that then existed, The check had BEEN taken
from tn thousand local banks OF the country.
by the refusal In charter the United States
Bank. and, like children Just let out of school
they became very unruly. One little town
had bank aud that bank had government de
poaitcs 10 bank on. That bank extended It's
circulation, IN order to fall up tn, vaCailcy oc-
casioncd by Withdrawal of the notes of the
Us Bank Money became plenty. another
and another bank, was forced by the madness
oi the specializing mania 10 cnlargc It's line of
discounts and increase the stock of currency
things II Ia not surprising that the mania for
speculation grew stronger by what it led on and
every mine, hollow or hill was sought to be
| rendered valuable by means of n canal or rail-
road individuals make up States, States the
union, individuals by petitions and argu-
mcnts urged their schemes upon legislators
who were like themselves, men and possessed
like them by the Specializing mania. Charters
were granted for every improvement and States
and individuals ruined themselves in stock
and land specula,ions.
The state of things brought about by the
folly OF our rulers formed some excuse for the
people but there is nothing of that kind TO ex-
cuse the mania IN England. 1t is fever that
seems to have been created in the minds of
the people wi,hou, any outward appliances.
Already are more than Gij0 millions invcs-
ted IN the stock of constructed and projected
railroads, and stock is taken al premiums that
would never be pal by men in their senses.
There il not corner of the kingdom where
railroad Us not proposed and the stock taken.
We look forward with soma interest To the
time when the fever will abatc and the crash
will come, when they will be placed in the
situation that our people were when our uto-
plan schemes burst up. They NAY then Learn
to have some feeling for people who have
are suffering under the consequences.
OBSTRUCTIVE FIRE IN NEW YORK.
We learn b. the New York papers received
last night, that's fire broke out on Monday
evening about Six o'clock at No. II Spruce
street, which threatened. for while To spr sad
destruction Tor SOM distance around. Ii
bazcd with great power ior IIearly an hour
when the root and upper walls fell in with a
plctcly burnt out, and had il not been for the
arduous eXcrtions of the iirrmen, the Tribune
Buildings and the whole block, would have
gone. The lower part Of the building was oc-
curicd by Thomas Bell, as an auction room:
above this was Ncsbit x Lewis book bindery;
above this Hewetts engraving rooms; aud
above this, Ncwcll's stereotype foundry. Ne
well WAS lnsured for $1,000, and HcwetC Tor
the same. The building belonged to G.. J.
pg,%G and was insured; No g. second story
Sabbath Recorder, True Wesleyan, Advocate
oil Moral Reform, etc, flooded by .,ater. but
most OF the type and other materials, saved in
damaged condition. The upper stories OF
same building were occupied by Percy & Reed
as printing offcc-hcrc similar damage by
water, togeihcrwith d 9usntity OF sheets ready
for binding.
The fire commenced in the basement. occu-
pied by Ben amin FcHn-r as a wine and spirit
vau't, The flames burst up the hatchways the
whole height OF the building. The main store
occupied by Thos. Bell as an auction store,
was soon destroyed. The second story, occu-
pied by Nesbitt * Lewis, book binders, and
by ttp publishers oi the Scientific American
next followed. The third story, occupied by
H. w. Hewctt, containing all tie stereotype
plates and all the wood engra wings for the
ILLUSTRATED Shakespeare" we've entirely des-
troycd. Mr.. Nat. Orr, who had charge OF the
establishment, underworld to save a few oi
the books, (Mr. II. being out of town. bat
was afterwards obliged to leap out OF third
story window IN the rear. TO save his life and
barely escaped with few cuts and bruises. -
} The fourth aud fifth stories were occupied by
McssTs. Newell * Co. as a stereotype facn-
dry and printing office. These two lofts were
stored with stereotype plates and printed work
Tor different publishcrs-R. Martin & Co
Messrs. llrpcrs, Protestant Episcopal D,pos-
h9ry, w IL. Graham, Paine and Bargess, and
Others. The plates antt copy OF Dolby " His
tory of Ireland" VcrPlanck's Noes TO the III
Illustrated Shakespeare and "ffcnch Prayer
I Book, just completed and waiting for delivery
were all destroyed. In fact, not a single arti.
che was saved except froia Mr.. Bell 5 Stores
: One OF Messrs Ncwclrs prcssnsn. Patric,
liagan, is among the missing and thcrc were
several miraculous escapes.
The New forS Morning News of Monday
says:
/ a Rost singular movement is apparent in
the late adSiccs from England. and indica1vc
oi the grpgess of events. II is tie conversion
/ % cdHtslo INTO railways. The Earl of powi.
heads tllc movement 0nd a meeting cf the pro
prietoFs Oi the Ellsmcrc and Chester Canal
who have formed a conicdcracy with the Biz
nlingham and Liverpool, and Shrewsbury ant
Montgomery shire, and other canal interests il
The north. Tor the conversion of their cana
possessions into railways. in conjunction will
the promoters Of the Worcester. Shrewsbury
aud Crcwc, aud Shrewsbury and Tpent Vale,
Union Lines, 80 as To furnish complete sys
ten oi railways 80 the districts west of ih,
ifand Junction, bctwcenC Chester on the noril
and Worcester ON tie south was held at Chps
ter, when the proprietoTs confirmed the ar
rangements made by the committee for carry
ing out the proposed conversions Of tue srycra