The republic. [volume] (Washington [D.C.]) 1849-1853, 1851-11-12
Now york Correspondence.

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! Nets York-1hs Specie Expectation and Sioek,-
Failures Anothsr Priuais Banking h0uss-Na-
tiues of NeioJuTyp0rt Presiding Insurance
Companies The NetD York Corps Eiiitorial com
posed of Neio EagLaHdsrs - Mssrs. Hecker Of the
FIGURING Mills giUing festivals
NEW YoAK, November 10, 1851.
The Mississippi has arrived with the companions
of Kossuth, and the Mayor Of our city received
letter from the great Hungarian leader himself
by the Baltic, stating that he intended to leave
England for New York in the steamer OF Saturday,
and he now, it is presumed, is on his way HIS
reception here will be enthusiastic, in spite Of the
dissatisfaction caused by the letters recently pub
lished respecting his conduct on board the Missis-
sippi But no official announcement has yet been
made of the progra mme for the occasion.
New York is not in avery good condition Just
now for the reception of company, the streets not
having been swept since the election, and our
municipal affairs having been ''put TO rights''
since we passed through the hurly -burly Of that
popular demonstration. AS to the result Of the
election itself, although il is a whole week since il
transpired, not ''base Bezonian" anon us knows
under which king he is to after the first Of
next January. The Whigs have done better than
anticipated, and as all the parties involved in
the contest got something, all parties ought to be
satisfied, for elections have generally been all
one way. The election of Alexander w. Brad
ford, our present Surrogate, when all the other
Wing nominees on the county ticket were defeat
ed by large majorities, is an honorable testimonial
to the personal and political character of that gen.
tleman. His conduct, since his induction into the
responsible office which he fills has been such to
gain him the respect Of the entire bar OF this city,
and they generally gave him their votes, without
respect to party considerations
The export of two millions of specie last week to
England, and of half million to New Orleans, had
rather depressing effect upon the money narkets
but prices OF stoc ks not affected to the extent
that was anticipated. This morning there was am
improvement among the "fancies' at the stock
board, and sales made of Erie Railroad at an
advance of half per cent. on Saturdays prices.
This is regarded the barometer of the state
of the money market in Wall street, and other Sc
curities that come under the designation of "ian-
cy," go up or down with it.
There have been few failures during the week
one Of them large dry good jobbing house, and
another, commission paper merchant, who was
| supposed to be man of great wealth, but he was
speculator in real estate. The person in ques-
ton is Mr.. Edgar J Barlow, who built at his
own expense the church of the Holy Trinity in
Brooklyn. II is one of the grandest ecclesiastical
structures in the country, after Trinity church in
Broadway-if speculation of this kind can be
called ecclesias teal and considerably more
than S 100000.
AHolher private DaHhlnR company mas Oet o.
gained in Wall street, and will shortly go into
operation, the partners in which are Mr.. Curtis,
the present cashier of the Bank of Commerce, and
Messrs. Fearing and Beale. These gentlemen are
all New Englanders. And, apropos of New Eng
landers in New York, there at one time five
insurance companies in Wall street the presidents
of which were natives OF Newburyport, in Massa-
chusets. New England, in fact, has control
ling influence in this city, not only in monetary
and business affairs, but in the more important
matter of cond uctng our public journals, and
teaching in our public schools.
The last number of the american Repie,o con-
tans an essay on Journalism in New York, taking
for its text the titles Of the three latest attempts
journalism made in this city, viz the Times, the
National Democrat, and the Verdict. The Y1dest,
poor thing did not survive its third ISSUE and we
might say of it, once said of a pc or little
baby-'it was 80 soon done for, we wonder what it
was begun for" There was some talent engaged
upon il, but money. Madame dc Marguerite,
one of its editors, is highly accomplished lady,
and the wife of vertable baron her father is "a
celebrated physician in London-Dr Granville
we'll known in the literary world ms the author Of
the Spas Of Germany and the Spas Of England,
two exceedingly readable and well-informed
works. The National democrat is hardly heard
of; but the Times has already reached circulation
of fifteen thousand II has capital Of s l00, 900.
and is out Of sight the cheapest paper sold at
a cent. 1t will succeed, beyond question, but a
considerable hole will be made in its capital before
it can begin to pay. Its chief editor, let what will
be said of his political liasons is great tactican
In managing newspapers. All Yankees, in fact,
appear to have an intutive aptitude for getting
up and conducting newspapers. Nearly all the
public journals of all kinds in this city arc in the
hands of New Englanders, as the greater part
of the successful newspapers all over the Union.
Prentice, of the Louisville Journal is from Connec-
ticut; Kendall of the Picayune, is from New
Hampshire Joseph w. Chandler, who made the
United States Gazette, which was transformed
into the North American, from Massac husetts.
The principal editors in California are also New
Englanders.
In New York, the two Brooks's, Of the Express,
are from Maine, and MIR. ]. F. Otis, VIII has long
been of their cleverest assistants, is from Mas
sachusetts; Willis, of the Home Journal everybody
knows Is from Maine, and graduate of Yale; Bry-
ant, of the Eeening Post, is native of Massachu-
setts; and 80 is Fuller ofthe Mirror; Horace Greeley
is native of New Hampshire, and 30 is Charles A.
Dana, his chief assistant; while his literary editor
and also the editor of Harper's Magazine, is ma
tive of Massachusetts. The two Hudsons, one of
whom is the general editor of the Herald, and the
other it's commercial editor, are both from Boston.
Kettel the inventor of "Wall street articles" the
writer of the money articles in HUNTS Magazine,
is a Bostonan; and Hunt himself is q native of the
Old Colony. Hallock, the principal proprietor and
senior editor of the Journal of Commerce, is a New
Highlander; G. G. Foster, long while connected
with the Tribune, at present of the editors Of
the Day Book and the inventor of getty Items,''
IS Vcrmonter; and SO is w. ID. Porter sometimes
called 'the tsal OF York." who established and
still controls the Spirit Of the TYass DIR. Griswo6
the versatile editor of the International Magazine,
and who helps edit an unmentionable number of pa
pers and periodicals beside is also native of YER
mont Dr. Ingraham, editor of the National Demo-
Graf, is from Connecticut, while his chiesiossisant
j. D. Bangs, isl native of the Bay State. The three
Cotons-Georgs, Walter, and Calvin--werc ALEC
New Eng CHAMBERS. Mr. Hoppin, who has the editorial
charge of the Art- Union Bullefin-by no means an
unimportant field ofjournalism--s Rhode islander.
The Beaches owners and editors of the Sum- are
from Massachusetts. The owners and editors of