The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-13

in this market have been large This ID the result Of
the abundant supply of money, and the facility with
which loans obtained at reduced rate of interest
The prosperity attending every important interest OF
tbe country is exerting favorable influence upon the
finances Of each State adding largely to the
and of all The tide of emigration which is
setting strong towards shores must largely in
the amount of taxable property in the Western
States and give the treasury of each greater revenue
direct taxation The arrivals at this port, of emf
grants average about one thousand per day most of
whom Immediately up their line of travel for the
West where they at locate themselves, and bring
thousands upon thousands of acres of land under cul
tvation. In this way they not only add immensely to
the wealth of the Western States, but by increasing
the amount Of taxable property eQualize taxation,
and do away with the necessity which existed and
certain extent still exists for addition to the rate
levied by existing laws. We have always considered
this the great redeemer Of the credit of the indebted
States Of the West and at the of settlement
going on in thsse sections, it will not be many years
before the revenue of each State will DO sufficient to
meet any demand upon the treasury The revolutions
In Europe will hasten this desirable event. by giving
greater impetus to emigration than would other wise
have bsen realized and driving to shores thousands
who in the possession of wealth at home would in
more peaceful times, have quietly remained in their
fstherand There is room enough for all and want
them all The immense and fertile prairies Of the
West invite the toiling millions of the old world, and
guaranty them abundance Of the necessaries
of life 1t is an ill wind that blows one good
and as the governments of Europe crumble and tot
ter to the earth, ours gather strength and
greater solidity. In about one year. the census Of
the country will be taken by the general govern
ment, and the result will without doubt, astonish
even those who somewhat acquainted with the
growth Of the Western States The years which at
that time will have elapsed, have in some cases
doubled the populations Of the territories and largely
increased that of all the Western States This will
give better idea of the Of each than we
obtain in any other way and enable interest
ed in their Indebtedness to judge correctly of the
ultimate ability Of each to meet their liabilities at
maturity Illinois and Indiana the two most pro-
minent delinquent States Of the West, and nythng
tending to improve their finances is looked with
greatest anxiety About twenty five millions of dollars
of Indebtedness Of these States in the hands Of tho
capitalists Of this country and Europe; and this i'm.
mense amount creates great deal of solicitude among
many people, for the prosperity and progress of the
most important interests Of those States. Illinois and
Indiana are, probably filling up with population
rapidly any other section of the Western country
system of internal improvements is in operation in
each State under the auspices of private companies,
which will in time spread network of railroads
each equalize and materially advance the value Of
landed property and give greater impetus to the Gull
tiyation OF the soil In the most remote sections
The amount of tolls received on the New York State
canals during the first week in June and the arpre
gate for the to the close of the week in
June, in each Of the past two years. annexed
New York STATE CANALs-AMourr Tolls
Receipts LIST week in june lS49 ...... $SS792 SO
During same period in 1S4S. ......... 1O17l8 81
Decrease in 1s4s. ............... 1925 20