The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-23
Our Cincinnati correspondence.

mixture OF machinery and monuments, called by
the same name, would not harmonic.
NoRrnERNER.
Our Cincinnati Correspondence.
CIScINNArI, September 90, 1si9.
The Gro,cM and Prosperity of Chicago, Mnois-Ta.
Cities Of the Great Vest, &c.
Although at Chicago but for short time on my last
visit, and during the period in which the pestence
at the worst at st. Louis, and other I'M ortant
points with which Chicago is in the largest Business
sympathy the very percephble increase the number
OF buildings particularly in the outskirts In the South
Branch and the great improvement in the Streets both
in the extension and finish Of them, gave me a more
decided impression in favor Of the substantial prospects
Of the city than had had BEFORE felt that the
large increase Of population, so evident without q
census since the last year. and the general appearance
Of thrift everywhere giving such signs Of constant and
growing prosperity left the great future dessy Of the
place without doubt. ! have known judicious men
who but few years ago, had misgvings of Chicago
probably because her origin and history associated
with nuDberless failures Of other towns Of about the
age, whose prospects thought to have been
quite COED; but such could. entertain such
misgivngs The growth OF population from 470,
In Is4O to % 5OO-the census Of the present
this, too, without the aid OF dollar OF banking cap-
tai, until within the last eighteen months single
artificial form Of ation with the couu-
try tells story Of the inherent Importance OF ths
place as n business poiht which cannot but put to
flight all doubts which proper Jealousy Of tho
atiye spirit rife in country heretofore have
suggested about the future OF Chicago The illinois
ana Michigan Canal, already conpleted-connecting
the lake With The Mississippi through the river,
and establishing between the two a c0mme rcai inter-
course Of incslculabe extent Of which Chicago ast
be the great central paint OF distritution tins canal
| say, With the railroad to GAlena already completed
and used twenty miles land will be forty-aod In
agriculture and miners regions the world the main
part Of which, through the entire Northwest, must
seek its market at Chicago this canal and this rail-
road In connection with the lake navigation would Of
themselves, be sufficient to build up agreat city. But,
when consider In connection with these the great
Michigan Central Railroad, already finished ami
y,,d from Detroit to New Buffalo, its present terminus
Lake Mchigan-but soon to be carried - Michigan
City and In the course OF two three years to be
tinued round the head Of the lake TO Chicago; and
when you consider also the uudoubted connection be-
tween this point ana the Ohio riyer which must be
Termed in the OF the three years. by the
extertiou Of the Madison and indianapolis Railroad,
already in progress Of completion to Lafayette only
niroty.tix miles from tbs head Of the lake; aud
when consider, further the effect Of these rail-
road end canal connections TO make Chicago p)int
trade Of indefinite extent tor all and OF
the year instead a. fer only about five mOaths which
the suspension Of lake navigation b. Ice for Elk
seven mcBfhf, has heretofore made 1t when fay
you reflect upon these things ia all the fruitful
Citations Of them, you Will and IL difficult to FIX limit
70 the estimate q What chicago in the next ten or
twenty much more ia the next thirty forty years
is dsstned 20 be- among tbs ereGt cities Of this conti
nent
Judging frem the amount Of business lone through
The canal the present year, compared with
ponoing pefocs a the last ~ ascertained by the
receipts 81 TOLL which than dou-
tled may infer that food Ere aud pestilence have
bad but little effect In retarding the progress Of the
city Iheac in fact, can b. but temporary obitruc-
tns, Whom there certain amount OF business to bs
done nud somebody NUT do it Losses from such vi
~ lions se for the most part individual aud whers
b. ruined by them two Others stand ready to
tGhe his place that ally the community at large
Is but little affected by them, aud that emily for
meDt Hence thee Gala mites at Chicago during the
lass year. Weigh not f,nih-I with me my estimate
oi h. importance q The place. eith"~ . -
v,stmeIt o. l0'"'. expectation New York as com
uuuity never vasauit the ofer by her srpa, Gre NJ
dozen years ago nor albany by hers of year OF two
$50; will 1T Louis twelve months hence rsmcmbar
that che visited oy within the past wear exosot
a. ertuy improved appearance of thn city shall si-
hohmh nor VIA, some ho" OF other, there mas been Q
II srurIrsing 20 ne that Eastern capitalist, VII,
con plain that money Is drug at home do not take or
seld tr money TO great western poin where they
car either employ ~ themselves loan IL 90 Others ON
The best frcurty, most profitable interest on this
point Illinois was wise enough at the last session Of
htr Lcgislaturc 70 pass Law authorizing interest
81 ten per cent on all loans within her borders This
Law should operate largely in favor Of Chicago where
thee Is % much business 10 be done requiring ready
mcret ord such deficiency Of that article in comps
rtn 60 the amount wanted. In my judgment there IL
no point ia the nion where the high value money
and the low prices Of real estate consequent upon H.
pr'snt such strong Invitations to capitalists whether
Tor leaving htis money or investing In real estate with
the best and most permanent improvements OF It,
at Chicago ! do not think II extrayagant to say that
Investments there now. at judicous points would in
the neat ten years, yield ten, If net twenty fold.
REMAINS OF GES WORM Colonel Darling. of
New York, arrived here yesterday on the steam
ship h1lNcsUn, captain crane, from Texas, with
the r,Bains of the gallant Gen. Worth. We learn
that those n the late Colonel Duncan will be forth
with brought from Mobile, when the two lamented
oihccrs-to often partners IN victory, but at last
united IN desth-~ill be conveyed TO their final
resting place in New York, according to resolutions
passtd at meeting Of the city council. The Vic
tora (TCXas) AdrOac states that, out Of respect to
the memory Of General Worth, Colonel G A. Hair
per, j. l.. Hewitt, II. NJ. Lewis, and j. Evert,
Esqs. 81 san Antonio, and DR.. NJ. Johnson, of Lee
vaca, were appointed by meeting Of the citizens
OF san Antonio, TO accompany the corpse Of Gene
raj Worth as far as New Orleans. The bodies will
be taken 10 New York ria the nver.-N. q. Picay-
ure, oct. ".
STEAMBOAT ACcIpENT.-The steamer Pee Dee,
which left this port for Cherar, via Georgetown,
Monday morning last, returned yesterday forenoon,
leaking badly, having been ashore about twelve
heufs on Capers's Island. She got aground on the
beach while trying to round point between Ca
pers's and Dewees's Islands, where the channel is
very narrow, with strong breeze blowing from
northeast, and the flood tide making She has on
board n large and valuable cargo, belonging to
merchants in the interior Of this State and North
Carolina; half Of which Is probably damaged. We
learn that there Is little insurance on the cargo
in this city, but probably large amount in New
York offices. The freight money is insured in the
South Carolina, and the boat in the Charleston In
surance and Trust Company. Charleston Is. C.l
Mercury, OCT. IL.