The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-02-01
Our PhiIsd.ipD,. Correspondence.

FB,L.D.LpsiA, Jan. 81, 1850.
T,rss Ssenyifiss Tarirs hurst Money-Bshop Hughes
pssssg, u m, R,aaing Railroad Brn-Makefs, Re.
Ttose ohio know hoe IL 80 made, and By whom
tt., ar. made. will not b-.iat- to csrroborste the
truth q a. s,.'ion that money indusncc ercisesa
ktsstsr ntr. fsd'rsi aud state legislatures
sn w mstisrirss OF public opinion One would sup
pcss that The many bills already submtts1 to the VI
Mast. mssirg liberal appropriations for the ltqui-
dstlsn a The psst and ~ eat clsims OF Texas had
tfsr oiTiu "a sne-r ds,rT 20 render strict justice
10 Ia Prsssd pe'lis OF tbst oppse-sed state. No
such thug very large amount possibly reaching
several ninons 81 the fsgist notes and bonds Of
Texas By ssms hccus pocus nov In the possession
a. Nortberp poioisas capitalist. aud specuators At
sst alf million Is hsd Ia philadelphia aud so In
the boloers 10 that they would be viii
ling o. sacrifice the Nimot ptesiso OF aDy other
In order 10 s.enrs the pssssg. ~ MIR Foote's BILL
10 IL expected that The finance Committee OF our
State Senate will At early Gay report bal In favor
Of reptsiDg the Law authorizing the interest
Of the fSnd.d debt II the commonwealth This tax
csnnot he regarded 10 any other light than that Of Q
species Of petit reputation tor IL II forcing the bond
holders TO receive four aud three quarters per cent per
appum fer the nee 81 their money when the faith Of
the State IL pledged for the psym-nt OF nvs per cent.
The removal oi this TAX cannot fail TO enhance the
value OF our state securities, tor four aud three
quarter per cent stock IL sorth 90 the last quotations
OF State lives I've eeut stock u worth At least o.
Aside from this. there IL principle at issue, which
cannot b. too deeply ehrn-hsd, or too hrmly main
tslsd and is therefor. Z" be hoped that the L-gis
stur. will hesitate DO longer IN removing from the
statute book what cannot other else be regarded than
~ blsmish upon the fair name and fame Of Pennsyl-
vspia
Your old friend Bishop Hughes 10 to favor our eIti
with lecture, this evening, on The Church and
the World siLc- the Accession OF Pus TX to the chair
Of st Peter Jicksis. hfty -otr aud the proceeds
for the benefit q St Johns orphan Asylap, OF this
city.
The supplement the incorporating the Reading
Railrtad ON passed nnsi reading Ia our House
of Representatives tbis morning Nth sigkt am-nd-
ments which will be ssr.rato by the Senate ss mat
ter Of courr. The stood tss- 81 Nays, %.
The downward tbdsney IN the -four mars etsu esnnuss
Since Jetrdsy s, 81 SOD msnos Tor shipneht have Teen
Effected. At q, Low figure 81 49, corn neal s375 Nys
four f2t Wheat % hmitd request Il previous rates.
Rye stea'ee a6lo No ehaate 10 cora OF Gate Groceries
active The cgttn u4rset vsfy arm. Farther
fales Of Orleans upauds At lsc 90 70 tima.
The whole o. the February in,sre.t money the State
dett amounting 20 sb4ut 0re million ~ dep0dts
the Bsnt ~ fennsyvsna IN tIee funds TIE Treasurer
,sTsl ehanes in .oots t-dy snsssei srs the sales:
First lizard S2Ht este 5s tfys. ~ do. ~ 81
ss'gr.fsrna csssl ~. ksn,eey Sank 100 $50 Lshsh
&c, tasi 40 eutqushsnha canal b0Bds. 5',; DO.
BIN 800 Penn 6s 10 iOlt. - staes
| 81 Reading ksilr,sd. t', Sn schuytiu Nav lat a. y
Penn. Railroad, 4 ~ 90. So 10 Penn ssnh, lesS $50
City s's lc2 Seeosd Bo6rd-1 shares Phils BAnt ID.
81 coo sIrrg Garden o.; shares Peas. tank lDs 800
sfn'rrtsn Rsr % ts = \ $50 ',s,.ss - IS SHARES
Grpd hsnh, ~, ~ Union hsak ST. 5000 rcrAs Neg.
Notes 49, gttO susquehanne Cana Bends 5i loo DO DO,
81 ares susqn,hahna canal st"ek pa sto schuyikin
Nav ss, g.. spi.