New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-12-18


re l5h Inc. IN escb Of the three yesr. i. s.. annexed
i8is 1871 ~
L gree Goods. l59 X8z< 1887
D1lste Goods ............ iD2.9Ie 1919 * CO.
Totsl Mercnsadi.e go. q z28,l77 7l'o;8 N33il
- 's'T n,e ............. IS Q iseg ese
h~l be seen that the npor,s larger than d0rin.
.hs sane week of las, year o. tho impor,s. oot ~
psrcsn, were dry goods Tae Tsreao1.iog busioess
1ila.i week 10 dry goods Moderate.
TIE advices by ,he Nis-sra show ac5n'iruati1a
% improved State trade in 81 gland fore noticed
90 generally he ntelhsesce cort.defef i-rara.a
oar great staple hsd sgan Improved bat ~ To- ri0ss
= hs week .,,od very nearly whore ths date
ibe a.; advices. Breads,ufs i'm n.eqgrnce ~
,.-y large imports and improved accouuts from me
g.tst districts hsve again declined win small bust
,..s doing The trsdc IN the manufacturing trir's
o.. sclve snd The orders from America were large.
he activity IN the Cotton market mainly induced
.g ie lo9 prices. and risc strongly deprecated
ranols we're very firm. and the Lond1 Money market
.o1inued sbuDdaUty supplied "a; low rates The bank
. we're allowing only per cent inter ~ dcpo.tes
t American stocks there was good bushes doing
f,tls Continent and in state stocks there bad
zen 81 advance. Government -toc 8 hed not 3D.
,scsd 10 proportion 70 the improvement in ths mar
srt The quo;aons from Barring are--U nited ststes
. cent Bonds % bearer have been done At o. div,
ssi there are purchasers OF Ohio % - 9 New York
Stale 81 90 cry -; Pennsylvania o., and Maryland
% WITH very little stock for sale Massachusetts, 9ia
p Olher prices una,ered There are buyers OF Lou
asas Bond. of the Louisiana and Union Banks but Of
o. other sorts
We trust that before Congress passes any bii
.aas Government patronage 10 any schcrne for uniting
ts Atlantic and Pacific sides Of the Continent eitrer
by Railroad Canal thorough investigation will be-
.8s Of the whole subject and opportunity be given
fs a discussion of the merits Of the various projects
Dol, issi purpose. The Panama route is shorter than
g.. Nicaragua Tchuan,cpec routes but If 1t be- true,
,,s.c,ed that the advantage in distance more than
,onpnsated by the Disadvantages OF climate aud phys
ls difficulties then some other route should be adopt
q The imperative necessity OF such communica
ton between the two Oceans is universally admitted
hremsins to decide upon the favorable point
q, which this communication shall be made, and -
hat project only will be pushed through 10 which the
uaied states Government extends It's mail contracts
sad other patronage. Congress should exercise It's
s.ost judgment in extending such patronage. There
hsso been three projects urged by their fnendsbs'
Panama that OF Nicaragua and that Of fehuantepcc-
loo uniting the two Oceans, and surveys have been
made At all these points Mr. Garels engineer sp.
plotted by the French Government surveyed the lsh
nus 90 mama IA l5l5 and made full report The
opponents Of this route claim that by this survey
proved the imp0ssibity OF the project that Il estab
l.hes-lst That there IL a wan, Of su ficeut water 10
he'd the projected Canal. ID. on the Pacific eide,
shp tunnel of gigantic dimensions would have b. be
at through sold rock OF porphyry considerable
distance Sd The whole line, from the unhesthiness
the climate would prove charnel house, and is de-
SCENT Of population. 9TH. There 10 no hsrbOr on the
Pacific side Il ia admitted that objection exists 70
the Nicaragua route on the score of healihness of eli
nate fertility OF soil efficiency Of population but it
kureed tbs, the exploration made in 1898 by Mr.
bailey in the service of the State of Nicaragua proves
ma,iowsrd the south distance OF about II miles be
tween the Lake Nicaragua and the Pacific the territory
,oecupied by chain of mountains, and the boring
throughout more than three and quarter miles Of
mountains Of porphyry would be Indispensable 10 open
atunnel of sufficient dimensions admit the large
sss employed In transatlantic navlg cation and that
he Pacific side the Port Of ct John, which would be
reached not ade quste, from its small dimensions 10
the required object; and moreover, that with the pre-
ng north and north east winds ,s access Is not only
dcut but dangerous OF the project for piercing the
,hmus oil Tehusntepec we spoke At length few days
.so. Without pretending to give very decided opn.
lon upon point Of such immense importance without
farther light We confess prediction In favor OF
the latter route The first idea OF this originated
By fernando Cortez. In 1914 Canal was authorized
II this point In preference TO the other by the Spanish
Cortel after full survey of the three routes which
have been named
The troubles in Central America prevented the &C
eomplshment OF the project In lsi2. Don Joseph
Garsy obtained from the Mexican Government, the val
liable grant which We described in previous article
on this subject II comedies the right of establishing
a.. -. a tplia far Ngar
the proprietorshp Of the lands comprising breadth OF
ten leagues on either side of the line of communication
and authorizes with ample privileges, the settling OF
colonies within so leagues of both sides Of the line and
eoucedes the exclusive employment of steam locomo
power within the lsthmus for the period OF 90 years
etc Under this grant survey made by Don
Gacsno Moro eminent engineer, who reported that
Snip Canal of the dimensions the Celedonisn
Ia scotland can be easily constructed through the 18th
mus OF Tehuautepcc lha, the River Coatzacoalcosr
which empiies itself into the Gull of Mexico reduces
to- line OF wafer communication contemplated more
than one half that nearly the whole course OF the
Coszsooalcos Maenengo Is ~ present nsvgsbe for
inhnats, and can be made for vessels OF large
that about miles of the Coatzscoacos from Is
mouth be safely nsvigated by vessels OF the
ages, size that the Canal required on the table land
Taris from It's junction At the mouth OF the Mslcn
win the Noet<hcoscosf 10 NeeP iaN's '"i'
q, the Pacific Ocean would be 50 miles long making
e whole distance the ls,hmus from sea 10 sea
IL miles that from the table land Of IsritS through
Seeh the Canal is TO be opened 10 the Mslenengo or
junction with the CostEscoalcos the fall is 50 feet
ut from the rsrifs the Pacific the fall is 6d0 feet
For this Canal IN ~ $50 locks estimated % De-
/ Aosssry There would be sn ample supply Of water
hvn The streams Of the Tsrlis, bu, more particularly
II hon the Rivers Chicaps aud Ostuta On the Atsnuc
ss the CostEscoslos furnishing perfectly snd
aep hsrbor and the Atsntc he Lakes into which the
Csa, will issue offer excellent hArbor for tho largest
vessels. The only work required would he the clearing
Of ne Rocs Csrrs small sand bank produced by the
deos'e. Of the River Osiu,s The grant for this work
snow q the hands Of Americans and the project viii
'ea be- presented for the consideration OF Congress
TIE Erie Railroad is now finished 70 Bingham
to- The ss, rails were laid yesterday, and probably
Al engine ran over the whole rosd. Toe bridges over
ne Delaware ara com nlcted and the iron down The