The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-10-22
EDITORS CORRESPONDENCE.
IFrom our regular correspondent

The Hibernia, as you Will perceive, Is IN, win
days later news. Beyond the slight fall IN cotton,
and the frmness maintained in the price Of bread
stuIs since the sailing of the Great Britain, the
news is not deemed very important. The price OF
iron had greatly advanced on the continent. A
financial crisis began to be feared IN England, on ac-
count OF the wild speculation IN railroad shares.
Immense sums will soon have to be drawn from
other channels, TO meet railroad engagements. A
financial "upLeapai in England, fails to make
its shocks felt in the United States that il is time
for us to be on the lookout.
Commercial earthquakes are dangerous things.
They would seem to have kind of periodical re-
currence. Ctpidify The desire 10 make haste 10 DC
rich is burning crater in the bosom of society, as
undying as that Of Etna or Vesuvius, and every
now and then results in desolating eruptions.
With your European correspondence and ex-
changes, il is not worth while to dwell upon the
news brought by the Hibernia.
The movements of the steamship Great Britain,
she approached our coast, have excited great
deal of conversation among commercial men in this
city. The memorandum, or log, published IN the
papers, Of her progress from Liverpool to New
York, without signature, is one of the most remark
able marine records we have ever seen. We have
waited with the hope of seeing some explanation
from the consgnees, or from Captain Hosken him
self, Of the singular manifesto below. Lieutenant
Hosken, 'ithe noble commander of a noble ship"
often said of him when he sailed in the Great
Western, and whom we have personally known for
years, and much esteemed-we cannot believe that
he lent himself to any unfair means Of flour spscia-
Hon Our acquaintance commenced on the deck Of
the Great Britain in Bristol, before her completion.
We felt grateful for his kind and gentemanly aten-
tons, not only to US, but to all Americans. We
therefore must exonerate Captain Hosken from
censure, till we know all the facts in the case The
log, or memorandum may have been kept or pub
iished by subordinate officer without Captain
HI IS supervisors; but even admitting this fact, we
expected to have seen some explanation from Capt
H. or the consignee. We still expect they will put
the subject before the public in its proper light The
following is the log to which we allude:
"Left Liverpool at 4 o'clock, D. M, on the 9Th
September The first ten days experienced wester-
ly winds, strong gales, and heavy sea, during which
the ship behaved admirably. For few hours OH
the ID of October, the wind was pS.H..., and IA
a heavy squat the forersdst was carried away.
miles TO the no,th,pard in The preceding t,rent,
four hours; and ON that night found, by so,ndings; the
shin again SET 10 the north,rard ihirtu miles from
noon Of he l2h 10 9 O'Clock, a. M, on the l3h
and among The shoals of Nantucket;-a thick drty
night, ,piM peru heapp RAIN at daylight made signal
tor nioi and ran into Yneuard Sound: stopped len and
ha hours at HOLINESS Hole len at haipast o'clock
a. M ofthe IAN and preached Sandy Hook at IL o'clock
n. M and remained outside for ,cant of ,paier.n
: The log from Liverpool, or from 9th September
or for the FIRST ten DAYS, down TO the 18th October
Is ali plain common-sense sort of record; but from
the 18th. the time the ship arrived the Amer
lean coast, to her reaching New York, (Which we
have itnlicsad ! is a tissue of inexplicable iargon
aOn the I2h saws the report, Sound The ship had
been set irtu miles 10 The nor,oard in the preceding
centr four hours" In what degrees of latitude or
ionpiiude did this occur; "Taat might found bu
so,tndings.n Found what by soundines2- the posi-
ton Of he ship, or black sand, or mudi The report
does not stop 10 tell u.s. but Immediately proceeds
to tell us that the shin was again ssset 10 he north
,card ihriy miles, For what purposel What was
a reckoning kept in the ship when this was done?
Was any reckoning kent either by observations,
sailing. or chronometer time If SO, the officers,
when thew first made soundngs, must have known
thew were east Of New York and off Boston Bv
setting the ship thirty miles norhward, therefore,
second time, 1t could only have been done with an
intention of communicating with the land before
reaching New York; and, sure enough, next morn
ing, at O'Clock a. M, on wet, Tor, as the report
expresses it, "dirty nightly on the morning of the
18th, having run the ship thirty miles north from
the preceding day at noon, the time of making the
observation, they found themselves among "fhe
shoals Of Nantcket" expressing no surprise thereat
not stating they reached the shoals through fogs,
or want of observations reach them, they had
veered sixty miles from their course to New York.
On the shoals they made signals for pilot at day
light, or for communication with the shore: Wheth-
er they received pilot, IS not stated Ihey then
ran into "ViMyard Sound, and stopped Ten and a
half hours at Holiness Hole" For what! For coalss
ne report uoeS Hot so' lAoW Hiuny WIS "ciC
taken in'
What the Great Britain get out of coal IN seven
teen days when it was announced TO the world she
could and would carry sufhclent coal for thirty
days. voyage!
Al Holiness Hole, however, etfectual commune
cation was had with the shore. Several passengers
did land-for SPECTATORS, likely, among the num-
Der. They flew to Boston. and flew OF, ny ex-
presses, east, west norh and south; and, IN order
that the mails of New York, leaving at 3 a. M on
Wednesday morning. might not carry of interfering
news, we hnd this most extraordinary record states
that the ship reached Sandy Hook at III o'clock P.
IN. on 'ne l4'h' ana Remained o"'ae Jo' '"e 'oa'"
'oale'
For the want Of water in the channel, or to drink
II was one OF the clearest and most beautiful moon
light nights we ever saw; not cloud obscured the
heavens, and pilot Tor probably the captain HIM
self could have seen the coast and could have just
as easily brought the ship in as If 1t had been broad
daylight yet the ship remains outside TIL next
morning for "want Of toafer," and does not reach
the city till oclock---oo late for the great south