The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-04-05
EDITORS CORRESPONDENCE.


The most attractive place in New York fo booksh men,
for the last TWO three days past has been Bangs, Pa
& Co.'S trade sales rooms their spring seni-annua sales
of books having commenced Saturday. the sales OF pa
pes of various descriptions having previously occupied
some days was in Saturday, and witnessed extern
and spirited bidding The attendance large and
the prices which the books go off considered good
The feature OF this seasons trade the consgnments oil
English books which these gentlemen now selling, be-
ing tar more extensive and valuable Than were ever before
the be thus disposed Of Al nrst was
ncaed compile list some the beautifully got
up and valuable editions of this stock but the field is SO
extensive and the whole lot superior anything oil the
kind ever before that abandoned the undertaking
not to be accomplished satisfaction that OF your
readers These works pay duties you know and they sell
for fully equivalent what would be the difference oil
cost in the same books usually up here and in Eng
land with the duty supeadded Ii seems from this fact that
though undersel England in cheap editions OF her
own writers, in publishing in expensive styles they
almost drive book houses of their ground 1t is
thought by the trade that the result Of this sale of English
books will cause the New York market be flooded
with English and German printed surplus-stock.
Unfortunately the legislature have failed pass the
charter for this city in have submitted the peo
pie for days before the election, which preveA IL
(under the law from being then adopted rejected The
press without distinction oil have forward to
endorse if perfect ainy great improvement
over the charter in force Doing away with annual
elections, makes the corporation iunctonares be
elected bennaly, and it takes from the individual mem
bers of the boards oil council their rights sham inspectors
and their collective rights grant contracts TO favories
under which all the corruption existing in the corporation
has its origin.
In previous letter remarked that the upon this
city for the fiscal year will rise above S3 900 900
and may add that, under the present charter much
OF the will find its into the pockets OF relatives
avoritcs Of less of the members of the present
councils This chicanery is of long standing that
persons interested in the honest and economical ad
ministraon of city affairs have ceased complain when
instances of business ickery, in connexisn with corpora
ton matters, which elsewhere would be stigmazed as
downright peculation, brought light. know not
whether will be legal to order vote the char
for year. but it is to be hoped that the OF reform
may be struck while hot present Though the pres
mayor wing, the federaists have for the past
controlled the corporation through their majority in the
councils They have made the administration known
the history OF New York municipal affairs. So manifest
is this that with sort OF union the democrats
the city government would be beyond peradventure
Bat friends in less of the wards, which
carry when united being led astray by designing
who place. There democratic tickets in
the fourth, the SIXTH and almost every other certain demo-
cratic ward AS deeply this is TO be regretted
help for it until OF high standing in the community
forward in greater numbers than present, take
active part in political affairs.
Just The Enchantress"-ihe operate spectacle
toned in my lasts the city rage off heavily for
the first three nights; but having prudenty been
shortened be represented in three and hall
instead of five hours, it nightly drawing thousands
TO the Boadway" The points of the opera the beau
uiul PIRATES chorus, song by the barytone Leach
Resveal of which full of harmony, puthos and rich
music. The Of the score including the whole Of the
role of the Prima Donna Mrs Seguin is Indifferent The
parts opera mentioned above are however, musical
gems, and without the magnifcence Of the scenery and
costumes, which superior anything of the kind
before attempted in this country, would doubtless
for the opera decided "run' l presume the
of presenting this piece be little short of 81 SOC
per week; yet great is the crowd hocking il,
that the theatre is1nakng money hand fist" The
ordinary expenses of this house quite double those
any other theatre in the Union, byheby except the Aston
Place opera house, of this city, and the French theatre
New Orleans.
You viii perceive that the Courier and Enquirer is in
full cry against the Independent treasury OF the
existing condition OF the money Market which, during the
latter part of last week, very tight for the Not.
withsanding this Wall by authority bill of ex
ceptions, find the merchants really blessing their
that the independent treasury law is operating
check the prevalent disposition speculate The
immense business being done in the city, the heavy drain
to supply the California trade-an entire business-and
the slack demand for American produce for European
SUMPTION owing the speck Of continental the hor
together with the heavy of capital locked
railroads finished and under construction, doubtless
the pressure 'ghtness recently experienced in the
money market As all mercantile men know that these
causes will operate but temporarily and each and all
eventually for the benefit of trade the pressure produces
alarm. On the contrary, who trading much
than their wits Gas remarked with reference
undoubed tendency of the independent treas
ury law appear gated that powerful are thus
conspirng speculation, which, owing the
and safety Of the spring business of the city, would
Otherwise soon be upon past all control New Yorks
legitimate business increases in ratio shown but mpe
facy in city Statistics scarcely any other port in the
world has increased in like will not even except
New Orleans with all its advantage of rapidly populang
back country, without other outlet for its produce The
business of Boston, too owing prudent invest
ments in railways radiatng from that city, has in
creased in Tremendous ratio for the last fifteen wears
But here has concentrated well nigh ali the foreign capital
coming this country within the last quarter OF century,
seeking nve snent in trade, rather than in agriculture.
The operation Of apita of Old World, backed by the
enterprise OF the New is the oil the concentra OF
the foreign OF the Union here: nothing else ;;
for New York. with its fine habor, has ramifed
connexion with the interior than has Philadelphia. this
respect advantages far inferior those of Boston
whose hsrbor is well nigh equal to that of this city
half Of our business men, presume, foreign
Some years since it customary plain be-
plant was that they would retire water after ha
ing accumulated fortunes from the commerce OF America
This prediction has failed OF phment On the
tray standing ready with money in hand they
have the development OF the great
interior wonderful extent and at the time their
personal knowledge of transatlantic markets has enabled
them ship with advantage, generally insuring them
much less time than that in which the application
the capital and talent in Europe would produce
like result The remgraon of successful foreign born
| New York merchant is extremely event Where
carrying hundred thousand dollars of the
country, fifty from the old countries, bringing equal
amount capital, reach Understanding unde,
the stmuu. of the of those who have preceded
them. So advantageous the commerce of New York
tributary country has this branch of its bushes
become that nothing gives business people here