The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-09-15

There has been material decline In some OF the
leading securities, which attribute to the slight
tsbtness N the money Market and the doubt and I'M
certainty still existing relative to foreign affairs of
political, financial, and commercial character. We
have received from time to tim. advises from the
seat Of calculated TO allay all those fears grow
ing out of the prospect Of proracted war, Bot the
confidence they created has generally been short lived
the accounts having been sufficiently definite to
give permanent hopes of peace. The progress Of
army not been arrested at any point and Gen Scott
has set himself down before the city of Mexico ready al
any moment, to take possession, We doubt however
the policy his doing in the event Of tho Me
refusing to negotiate treaty OF peace
His position outside the city is much tenabe he
control supplies much efsctuaIly In the passes
to the city than within its walls; he has the first chance
at everything intended for the consumption of the in
habitaots ct The city, and help himself these
some Of tho considerations which have doubt nflu-
enced the Commander in Chief of the army of occupa
ton to not The city Our accounts relative to the
armsLice and the disposition eyincei by the Mexicsns
to negotiate with peace Commissioner, not
cear those regarding the movements OF the army
We disposed to seize upoa every movement Civ
ing tho smallest hops Of peace but cannot
shut eyes to the fact, that the Mexicans have
city after city fall into hands without eyinc
ing any disposition to arrest the progress OF
army by negotiation; they have, after all their
srons holds had fallen into possession and their
capital mepaccd, refused to negotiatiate upon any
terms and hardly conceive II possible that such
great change could have them; that the
government could suddenly have its senses
Tho e is power in Mexico behind the government
superior TO IL in every respect and not easily reached
We mean the people; the So long we cannot
get their consent to any treaty may choose
ther. s no guaranty that any one mode with
MT null ar fnpr
such i, the precarious position OF any government
in that country, that set Of men would dare
do anything Numerically contrary TO the known
wishes of the people In consequence of this do
look for any Immediate CESSATION Of hostilites for
any immediate arrangement of the difficulties between
the two governments upon amicablo rms Further I'D
vices from the seat of anxousy looked for
the greatest doubt and uncertainty exist relative all
our affairs in that section Of the world.
The public all our States continue to be ex.
cecdngy productive 1t is estimated thlt the increase
Ia the gross incomes of the public works throughout
couRtry this year compared with viii average about
twenty five per cent should this DO realised It will be
a very gratifying and very extraordinary circum.
stance The increased tolls the canals of this state
thus far this year have been nearly 6y por cent
the public works Of Pennsylvania about forty per cent
PrBuc WORKS or Recommendations FROM TONS
Recruits for August, ls4r .SlsI73a II
o .
Increase August, ls47.. .......... =. .S554.5 Of
Total amount Of tolls rscsi ved from December
J. loiG to september, lal7. 81 oil 373 60
Same period previous year. SAT ,90i 90
Increase in 1871 ..... s38lI7I 81
The aggregate tolls this year will not fall much short
OF sixteen hundred thousand dollars and the increase
will not vary much from Ave hundred thousand dollars,
compared with the total Of last year. This addition to
tbs revenue Of the State OF Pennsylvania, viii place
the treasury in very prosperous condition, and put
tns psyment or the interest tho debt beyond contln
gency estimated that there will honds of
the State Treasurer the lst Of February lsis the
dny woea the next semi-annua interest becomes due
surplus over and above that payment Of full hsfa million
Of dollars
hl'nos and Indiana In very prosperous condi.
"on "nd The Arrangements recently made with their
orFu'is WIN be plomptly aud rcligously carried ont
Jhe'e STATES are reDidly filling up with hardy and in
dusrous population aud the census of 1850 will show ut
lest million of people In each The lands owned bv
th.sn sta'es are becoming rapidly settled and ara
source Of to tho treasury norton Of the
d'otot ooch Of theso states viii b. audatd nv the
sale Of thes lands The interest scrip will DO absorbed
ihis way long before 81 reaches maturity and Il nil,
therefore never become burden to either of the sates
These lands should be considered in the lixh OF sink
~ fund, as their proceeds will form nucleus around