New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-10
CANADA.
Stale Of the Country - SteambOatisS - From
Toronto 10 New-YOrlk In Dayligst-burst-
iRg OF "a Lake-Thc Privilege Question.

Toronto 70 New DIRK In Dayilght-burst-
ms OF "a Lake-Thc Privilege Question.
conespoadenoe of The \. Y. Tribune
ToaoNTo, Wednesday. Nay s, leSs.
The state of the country has lately been
asomewhst fertile topic among the snfd aunss II is
everywhere eternal question, often presenting differ
ept aspects according the point of view in which is
regarded In the present there is financially and
politically no for alarm The Provincial Treasury
e fu,hough this ia subject which the Government
ID in the hsb, Of enlghtenng the subject people
and II commercial men have lately found business Ian.
ruid il is but natural result of past of trad
ing-a too great extent of importation. The evil
10 but adjusting itself The contraction in bank
ssues much complained Of is also but a natural re-
suit OF over expension-not expansion to which the
resources OF these institutions Inadequate or one
which exceeds the public requirement but only an ex.
panson that could long be sustained under that sys
TEN Of bank competition in which the business of each
moneyed institution is to check and curt the issuss Of
the other These two causes have created dullness
and langour in trade, which, rs 10 always tho ease,
have been somewhat exaggerated II get the Rail
road Loan, things will go swmminsly for while,
though new debts infallibly bring additional taxes
A collision took place on Friday night last between
the steamers Magnet and Maple Leaf on Lake Ontsro,
Presque Isle. The Magnet was struck In the Dew
and considerably injured, though of the passen-
gers were hurt Her bow from the wndlass to the
stem, is almost entirely gone She cut half through
end prevented from sinking only by tish. bulkhead
which separates the fsrecsse iron the part away
Somehow or another, are but mere tyros in
steambosing though do not alude 10 this accident
evidence OF the fact Our Lake Ontario boats
tary behind the North River and Lake Enc boats Ia
point OF beauty finish and accommodation. We do not
pretend to ssy what advance we have msdc IN steam
boats since Mr.. Mcuton, in 1871 pestoned tn. Legs
iatufe oil Lower Cansda 10 be allowed the excssive
right OF navigating, with steam, the waters be
tween Quebec and Montre Il, which petition
was almost unanimously grsnted but certain
II 10 we have vet much TO learn from our American
neighbors John Bull 10 selEwird and Will never copy
ailer the successful American yacht In the great
tsns ace which had the whole world for spectators
and IL does seem that we Inherit title st hs amiaole
and seltcomplseent humor IN this respect Formerly,
IL inv iioas observer pointed the North River
boats tor pattern specimens of naval architecture. ne
was az once sh-nccd by the answer o. ties.
not sea-going boats; they may do very well for
the HUDSON which Is calm duck.pon3; bat
they would be useless on Lakes" There is
an end 70 this stereo,yped remark, however, for the
Lake Erie boa,s have begun 10 vie in elegance
and convenience with those OF the Hudson. But Lake
Ontario boats remain long, long way in the distance
An IRON steamer building IN England, and expected to
arrive here month, is expected 10 make the dis
lance between this port and Lewiston in two hours
She VIII leave here at Eve O'Clock In the morning. place
her passengers on the train for Rochester, passing by
which, they will be Ia Albany ia time for the evening
train 10 New-lork where they will arrive abou, 9ls
ocock-oy which means passengers leaving this city At
5 in the morning viii be In Newlork a, ~ the same
EVENING"
A lake shou, two miles ard half long and located
eight mites from the village Of Brighton burst It's banks
the slst u and completely drained out wster on
the neiSheoring land. Toe bank through which the
waters broke about forty feet in hight The rush
OF water dug channel twenty fee, deep and s5owt
one hundred feet wide for a length Of two miles up-
roofing forest trees, carrying away mll-dsms, aud
drowning two men, Thus occurred the singular Pie
nomenon Of lake being dried in few hours
For fortnight, ell our newspapers have occupied
themselves with the grave and learned question Are
there any Members Of Psriis nent in Canals, or are
those ietrrned such, Members before they sworn
nf The occasion OF this Inquiry 10 the issuc OF writ
for new election for the County Of Huron, which, 70
be iezs required the Clerk of the Crown in Chsncey
% be notified OF vacancy by two Members Of Parls-
ment there being Speaker Of the Assembly 10 make
such notification All this argument takes place in spite
OF the decision Of the Court Of Queens Bench 10 De-
cember last that Member who was under arrest at
the time OF his election became entitled 10 the privileges
OF Parliament the moment he was "rsturned"-in
sequence Of which decision be released; and n
spite - Of the fact that blackstone, and all other
euhorres ON the subject, that the Members
enrned by the Returning Ocer duly elected arc the
senins Members ill the House Of Commons upon pet.
eaon shall a1udge such return to be Illegal And vet
argued for party purposes that there are now no two
Members Of Parliament In Canada of the eichytvo re.
burned "duly elected" who were capable of inti
mating to the CleEk Of the Crewn In Chapcery hat
'"~"sv sAsse"' &c