The southern press. [volume] (Washington [D.C.]) 1850-1852, 1851-06-07

The anticipation that the Great Exhibited
would prove = light that would extingHish
everything else il being realized every day with
increased intensity. Ordinary affairs are 80
completely suspended, that the ides Of nation
making holiday is row perfect, and consequent
ly, unless, as is often the case when least ex-
pected new conditions Of things should come
up in some part Of Europe 10 take every ono
by surprise, you may feel sure that during the
whole OF the approaching summer not a word
will reach you from this side on any other sub
ject than the Exhibition.
At present the great topic ofspe ulation IL the
pressure that may be looked for on Monday next,
when the building will be thrown open " the
masses at the reduced charge OF a shilling. Up
to the present time the receipts ut five shillings
which have now continued nearly three weeks,
have increased day by day, until yesterday t'ey
were very little short af $4,000.
The total receipts in this way and for seus0n
tickets have reached EIO3,O00, which, with up
ward of 100000 originally subscribed. makes
the existing total about fl8O,O0O, being an ex-
cess of 100000 over the entire purchase money
required for the permanent retention Of the
structure. This surplus, Of course, will not be
sufficient to cover the incidental expenses iu-
cured, but no doubt is now entertained that
in the course of u few weeks there will COM
mence an absolute and large accumulation over
every liability Some calculators have already
been sancuine enough TO estimate the aggregate
that will be raised from first to last vt ESQ.,
OOO Oilers, whose figures upon paper are
really moderate, judging from our experience
thus far, put it nj f6o0000:
As far US the effect Of the Exhibition on other
public establishment 10 concerned, it has thus
far been directly opposite to what the majority
had anticipated. The railways, theatres and
places Of public amusement generally were all
to reap harvest such az had never before
been known; but instead Of this some of them
are absolutely complaining of their receipts being
unprecedentedly low. The best supporters Of
the railways are the inhabitants of the metropo-
lis and the fact u.s. that, owing to the attraction
of the Exhibition keeping them from the country
excursions, which are their usual mode of re-
creation, diminution Of this traffic is occasioned
which has scarcely been compensated by the OPP
posite movements Of the country people 10 Lon
don. As regards also, the theatres, &c, the abb
sorption of all the spare time of the Londoners
at the one sublime point of RENDEZVOUS leaves no
chance for minor displays, the best of which, in
contrast, appear painfully small, ill-regulated
and shabby, and about as reasonable in the shape
of an after attraction as if man, who had spent
a long day at Niagara, were to be invited to
wind up by walking mile or two to see some
models Of the fountains of New York.
No effects upon the currency have yet been
observed, but these as well as all the general
and lsrger bearings Of the period, will be best
tested when the great body of the population is
fairly set in motion. The prospects Of railways,
theatres, and all, may then assume different ap-
pearance, since the more wealthy people will DO
set free to seek other amusements Except on
Saturdays which are still to be set apart for IS.
visitors) while the number Of persons who only
come to London occasionally, and who may
take this opportunity, will make point of See
ing everything as matter of duty. One line
alone, the London and North Western, calcu-
lates upon bringing up not less than 100000
people. An enormous cunt OF coin will then
be in active circulation but provision has proba-
bly, already been n ade for it to some extent, and
the sums brought by foreigners may contribute
largely to the remainder. At present there is
more confidence in the money market than has
prevailed for some time, and the likelihood that
any immediate rise will take place in the rate Of
discount is now quite at an end.
After hong period, during which diminu-
ton has been taking place in the bullion of the
bank of England, symptoms of an opposite
movement have set in, the returns Of last week
having shown slight increase, while those Of
this evening present still more favorable ap-
pearance. During the last few days We have
received 100000 from your side, and 100000
from Russia, with prospect of further and con-
tinuous arrivals; while on the other hand the
shipments we have been making to India and
elsewhere appear likely soon to cease altogether.
The recent storm at Liverpool has contributed
to put business on sounder footing, and SIM
liar effect has also been produced in London by
further break up of a renewed fit Of specula-
ton in the railway share market. On the whole,
there never was time when business of all
kinds was upon safer or more satisfactory basis.
One of those incontrovertible proofs Of the
growing prosperity of the country, which now
appear 30 frequently in odd contrast to the wall
ings of the protectionists, has been published to-
day in the shape of poor law return for the
half year ending on the 25th of March last
From this it appears that even AS compared with
the prosperous half year ending in March, 1850,
there has been decline during the period of
more then seven per cent in the total cost of
pauper relief.
The proceedings in Parliament during the
week have been merely nominal. A most i'm
portant discussion on the subject of transpOrta-
ton TO Van Deman's land brought to a close
through an insufficient attendance of members,
az" ""V'"Si "" WIG ouoJcCS vi Ho1iohoi OOuS"S'VA
merely served to show the useessness Of en-
deavoring to agitate such questions now.
The corporation Of London agreed unanimous
ly, yesterday, to n resolution for an address to
Lord Palmerston, entreatng him promptly and
theoretically to use his influence with Turkey
for the liberation Of Kossuth. and his compan-
ions.
Stree the last packet the funds have been very
firm, and consols have advanced half per cent,
closing to day at 979.
The grain market has been steady, without
alterations. Cotton, on the contrary, has been
much depressed. SPECTATOR.
A CALIFORNIA EXPEDITION AGAINST MExrco
The crime referred to in the following extract
from letter of San Jose correspondent Of the
Alta California is stated by the California papers
to be projected expedition to revolutionize one