The republic. [volume] (Washington [D.C.]) 1849-1853, 1851-01-08
CONSEQUENCES OF THE nrpuplIo.I
BALTIMORE, January

| are, perhaps, no institutions IN the country IN a
sounder and better condition. The entire capital
of all the banks in Baltimore is 81 l0l ,056; the
entire investments, 1854 .025 81 discounts do,
Sll,7s3 7S6 %; specie. S2,3lO,l74 81; circula-
ton, S2,2sl ,9ls 80; deposites 1852 900 80.
This condition of our banking institutions entities
them to the fullest confidence everywhere.
The progress of the Baltimore and Ohio Railroad
is rapidly onward. The route is nearly all under
| contract
The Baltimore Patriot establishment has recent
ly issued weekly paper II is large in size, hand.
some in execution, and we'll filled with interesting
matter, among which will be found an original ro-
nance by Mir. Thomas author of Clinton Bradshaw
&c. have no doubt this journal will find wide
circulation.
Our market is quiet Sales of Howard street and
City Mills flour at $4 So Red wheat, l02 cents.
White corn oil cents yellow 90 cents. Oats 40 a
"A cents
Stocks steady Baltimore 6's 1899; Maryland
6's l0l bid. Sales $50 Baltimore and Ohio Rail
road shares at 75a a752
The telegraph reports the New York market as
quiet. Flour and grain rather dull at previous
prices Grain unchanged Cotton frm-sales 600
bales. Stocks firm-prices without change.
New STATE.-The Henderson (Texas) Flag
Qf the Union goes for the formation of new State
out of Eastern Texas, to be composed of the terri
tory situated between the Sabine and Trinity
ers-bounded the northwest by line run
ming from the Trinity river 10 the point where the
23o north latitude intersects 1899 meridian west
longitude corner of the boundary of the Texan
cession to the United States; then pursuing said
meridian to 800 30 north latitude, said parallel Of
latitude, the Red river, &c, TO the Sabine.
ARRIVAL OF EMIGRANTs AT LITTLE RocK.-The
Little Rock Banner, of The 18th, announces the
rival Of nearly five hundred cmigrants from the
county of Wexford, Ireland, at that place. These
emigrants have at the instigation of Bishop
Byrne. who il about t. form settlements in Arkan-
The Banner says the emigrants are fine
fresh intelligent looking body, and bids them wei
come TO the State Bishop Byrne is on his way
home, ola New York, and is daily expected at Lit
tie Rock with number of the Sisters of Mercy un-
der his charge.
We regret to learn that Mr.. John Mccormick,
late editor of the Montgomery (Alabama) Flag and
Aduertiser, drowned, the evening of the
2Ith ultmo by the capsizing Of s<itf, while cross
ing the river opposite that city, in company with
Mr. John w. Hughes Mr. Mccormick for
several years connected with thepress of Alabama
The New ORLEANS BEE.--J. q. MAGNE, esq.,
being DESTROYS of devoting himself altogether to
the profession of the law, has retired from the New
Orleans Bee, and &. f WEIssr, esq, will hence
forth have sole control of the affairs of the New Or
leans Bee.
DEATH or A MISSISSIPPI EprroR General G NJ
Price, for ten years the editor of the NsaSSippian
died at Jackson on the Goth ultino.
A JUSTICE OF THE PEAcE.-The Texan papers
say that Wild Cat the Seminole Indian has been
a ed " ~ on nj n pf
the peace
The FIRsT IDEA OF THE ELECTRIC TELEGRAPH.--
Since the SUCCESS of the magnetic telegraph, (says
the Providence Jo,nnai,) various claimants have
forward to contest the honor OF the discovery
of the original idea BY paragraph in the Phiio
soplical Journal translated from a German work
by Schwenter, and published in 1885, it will appear
that the crude idea of the electric telegraph was en-
tertained previous to that date for Sch~enter him
self quotes from precious author:
''Hop t,co people might communicate toiM each
oihtr al distance by means Of magnetic needle
If Claudius were at Paris and Johannes at Rome,
and one wished to carry some information to the
other, each must be provided with a magnetic nee
die, 50 strongly touched with the magnet that ii
may be able TO move the other from Rome TO Paris.
Now, suppose that Johannes and Claudius have
each compass divided into an alphabet according
to the number OF the letters, and always communi-
Gated with each other at Elk O'Clock in the evening"
then, (after the needle had turned round 81 times
from the sign which Claudius had given TO Johan-
nes) If Claudus wiahed to say to Johannes come
to me, he might make his needle stand still, or
till it came to c, then to o, then TO m, and
forth If, now, the needle of Johannes compass
moved at the same time TO the same letters, he
could easily write down the words of Claudius and
understand his meaning. This is pretty inven-
ton; but do not believe that magnet Of such
power could be found in the world"
NICARAGUA AND COSTA RIcA.Tbe reported
between the States of Nicaragua and Costa Rica
consists III nothing more than the re occupation by
the former Of the Department of Nicoya, which of
right belongs to her, although pretensons are made
to it by the latter. 1t was originally the undisputed
possession OF Nicaragua, but was III the year 1926
by a lawless decree of the old Central American
Congress. against the will and consent of Nicara-
qua, declared to be annexed to Costa Rica. The
support given TO the Costa Rcan pretensions by
Chatfield and other British agents, and the terror
of their threats, have heretofore prevented Nicara-
qua from making any efforts for the recovery of
the department, which extends her southern from
tier 10 the river Salto pouring into the Gulf of Nj
coya and removes the Costa Ricans from the neigh
borhood Of the San Juan river, and consequently
from the line of the intended canal. The disclaimer
made by Mr. Bulwer TO Mr.. Clayton of all views
or intentions on the part OF his government of TAX
ing Costa Rica under British projections, has
moved the fears of the Nicaraguans; and they have
accordingly re- occupied the disputed territory
which it is most probable Costa Rica will make no
effort 10 resst.--Pnia. North american.
LATE FROM PERu.AWe learn, by advices from
Peru, that the approaching election of President
in that republic will probably be attended with
dangerous commotion Party excitement is de.
scribcd being violent, that civil war ia even
apprchended the result. Ii is feared that the
present administration, which supports of the
several candidates, is not POSSESSED of sufficient
power TO put down instruction, should one
arise. General Abando, the minister plenipoten
tary of New Grenada, after presenting his creden-
tails, was refused a reception in his official capa
city, on the ground, as the Peruvian government
alegc, that he has been implicated in the murder
of Field Marshal Suerc, the hberator of Peru
This example of political virtue the subject of
much applause, and the government OF New Gre
NADIA had received rebukc for sending
such IA representative.
The aspirants for the Presidency of the country
are Sr. Domingo Elias, wealthy civilian, and
Generals Vivauco and Echenique. The elections
are said to have so completely engrussed the atten
ton OF the government that the police of Lima is
totally abandoned, and the city left to the mercy of
the Ladrones. Philadelphia North american.
DESPERATE FieHT.--A very serious aud danger
Gus afiray took place recently at Chattanooga, on
the Tennessee river The difficulty was between