The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1851-09-15
Our New York Corespondepce.
NEw YoRK, Sept. 6, 1851

= nc tNtt ttHuu tuuJ W ouiu ~ -" ~ Soih-
menced brisISly. kAnd, If the piles Of boxes,
in front Of e.dry good stores, the jamming
of laden carts, at the corners Of the streets,
the struggles Of the carmen 10 get first on to
the piers, the quick, but monOtonous, tramp
OF the steyelores horses, as they hoist up
box after box over the gangway, and the
hauling in and out Of yesselss deeply lpden
with the various products of the whole
world--if all this be any criterion, then, we.
may be certain that money is more plentiful
than bankers andnote shagers would wish
rs to believe. aud that credit is as readily
obtained as ever. And II the latter be the
more general mode Of doing business this
season, it shows that our Merchants deem
the pressure in the money market ID be but
[temporary; produced more by fear, apd the
croakiDg Of one or two journals, than by any
real scarcity Who would believe in the
scarcity Of money whilst he gazed upon The
throng4 Of carriages in Broadway, waiting
half an hour loran opportunity todart across
the street, at the risk Of his life If money
is scarce, credit is not and what is credit
based upon? 1t must have a basis, of some
sort, 10 rest upon. That, basis, depend up
on it, is The accumulated wealth Of our mer-
chants, made during the last few years, 1t
| is that which makes them snap their fingers
at the banks, and the stavers in the street.
The fact is our traders are both better Of,
and have more resources, than the banks
thought, In proof Of it, look at the splen-
did wholesale dry-goods stores in Broadway,
built upon the sites Of what were magnif,
cent hotels, three or four years ago, when
the present occupants thought location in
Pearl street was good enough for them. But
now, no situation is too good, nor any rent
too high. Rathbun's Hotel has just made
way for another dry-goods store; and, ex-
psct to see Barnum's Museum and the Astor
House turned into dry-goods warehouses be-
fore long. The hard-working store,keepers
ana mechanics are fast driving everything
else up town.
| took ride in an omnibus-I don't keep
a carriage yet-to the neighborhood of-that
aristocratic region, St. Marks place, the
other day; and found that the last OF the
| foundation walls of 81. Thomas church,
/ (corner Of Houston ST. and Broadway were
being carried away, to make room fol dry
goods stores !! "A train of reflections as TO
the fate Of all our downtown churches
with their congregations, driven up town.
passed rapidly through my mind and, whilst
| was turning" St. Pauls" into sugar man
nufaclory, and "Trinity" into a bonded
store, my thoughts were suddenly knocked
into cooked hat, by shock which sent me
flying into the arms If vis-a-ois. In a mo-
menl we were out. and found that our Jehu'
in trying to avoid Sylla,, had fallen into Cha
lrybdis, or, in plain English, that, in trying
to avoid pile of timber, he had smashed
lone Of the fore wheels against pile of brick
placed opposite newly erected building on
| The corner Of st. Marks place and Tompkins'
square. "+sG 81.
IL my surprise was great, al the conversion
a of ST. Thomas church into stores, it was in
creased tenfold all The sight of this immense
edifce, dropped, as it were, from the clouds,
amidst the magnificent residences of our
millionaires. Although an.elegant building
a colossal iron boiler, in an adjoining open
lot, told plainly, that it was being ereclel'
for manufacturing purposes. Here, again
was the busy mechanic carrying the sound o
! bis hammer and the. snorting of his steam.
! engine, into the salons of the .aristocracy.-
: Wondering who the daring men were who
had ventured into these sacred precincts,
questioned lively little gentleman, Zone o
the builders,) who had FASTENED out to prof
fer his assistance, and apologize for the care.
, lessness of his men, In leaving The timber
and bricks in the street. learned that il
was the firm of Rolf, Steans d Co. who had
erected it for the manulacture of Rich's Sal
amander Safes. He said that when he first
commenced the work, the greatest conster-
nation was exhibited by the owners of the
adjoining property. Threats Of actions with
out number were sent to the proprittors
= search was made among all the musty parch-
ments Of the Stuyvesant family, to find some
prohibitory clause put still the factory wen
up, story after story. Personal interviews
: were had, by the agent Of VIM. B. Astoi
and others, with Mr.. Rolf, 10 request him Il
> discontinue, and they would;purchase the
: ground at his own price. His reply wal
: worthy Of one Of the hard fisted republican
: of the new world. "That ground, , said he
! '' has been lying idle for six thousand years
! and il is time some use was made of it.--
! The situation is light and airy in the man
: ufacture of our Safes we cannot have to
c much light, and it is our bounden duty t,
get all the air we can for our men," Phi
quiet little speech put an end to all furthe
annoyances. SSsf i.,,, -a .fe
;, In answer to question, how the larg
II boiler was 10 be gos into the building, MI
= Coll said, that. at the suggestion of one Q
e the partners (Mr. Stearns,) an adjoining 10
Is was purchased at an expense of SO, 900, o
N which the boiler was to be fixed; so that, i
case OF an accident, the explosion woul
: take place IN the open air, and the lives
u their men be saved. Such men ought t
"a have their names engraved in letters Of golt
n Iwould commend the idea OF fplacing steam
y boilers on separate lots, to all manufactu
: rers Hundreds Of lives. and thousands c
. dollars worth of property, would be save
: by so doing. Who has forgotten the Hagu
( street catastrophe, caused by the bursting {
II a team-boiler, BY which scores Of indus
tious mechanics were sacrificed TO ascon
10 conlemptible spirit of parsimoniousness an
;. dozens Of families were bereft Of their gual
dians and supporters.
II Some Of our New York rogues are men
considerable literary attainments, and, lik
Yorick, "ofinfinite jest" A Cansdisn ger
n tlpman went to Barnum's Museum, fe'
= nights since and while there his pockt
=: was picked by one Of the numerous corps
= Ichspdticrs dindustrie that frequent that NJ
ted resort of country greenhorns. The G.
nadian Of course instituted a thoroup