New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-11-23
CANADA.
More Gold Discoveries Line Of Teie.
grnph-Imnisrnnt fo CANADA --tifand
Trunk Raisrcad-Dukc OF Wcilinstea-
Government Credits. &c.

Trunk hMfrcu0-DnHc Oh Wcsmstoa>
Government Credits, sc.
Correspondence Of The n. Y. Tribsns.
TsRoSro, Tuesday, Nov. i6. 1861.
The rumor of gold discoveries comes upon
US from new quarter II SCENE that the precious
metal is not confined to Lower Canada but Is to be
found also in Upper The locality OF the newly an.
nounced discoveries is the township OF Arseisia about
thirty tive miles south of Owen Sound. The atelu
genee which reaches through The Orsn Sound Cor
net lie rather vngue That paper Of the 9th, which has
been ten days it, travels to Torooto. says This
morning we all taken by surprise by report Just
from the dggngs that $50 at work In the gold
mines of Aremsia about IS miles from our good town.
The mes cnger who has brought specimen Of the ore
,sys thar most of the people the new ins are has
tening to the Of action Report also says that
they have had there already which has resulted
in one man being killed or nearly We hear that
good many from this town getting ready to seek
their fortunes. We shall doubtless be In possession
of fuller Information ON the subject In few days.
The process Of laying down the submarine
wire across the Bay Qunte for the trunk line Of tcc
graph now la Of construction between Quebec
and Detroit, asDe through last week. The sub
marine wire, which works admirably across the bay.
was manufactured in London, and seven miles length
of it were imported by Messrs Snow Dwight for
different portions OF the line There rlmor to-day.
that the company has sold out % the Old and mat
the process OF wiring will go no ufher but II IL prob
ielnatica. At Richmond, midway between Montreal
and Quebec the line ntcrsccts another new line run
ming 10 Portland and Boston.
The emiQrants 10 Canada this year are
39sD2 being under the numbers OF last year, which
reached al 40 The Australian geld nelds have doubt.
less attracted particular class OF egrants who would
otherw sc have TO Canada We may doubtless ex-
pect an increase next year. when ocean steam line
will be In operation when railways VIII be In
progress, and perchsnce gold gathering may be Perma
nently added TO sources OF Industrial occupation.
BY a return laid before Parliament IL appeara
that the income derived from seignorss posaessed BY
the Crown In Eastern Canada since 1874 IL t4cJb and
the amount Of droa de qint received by her hsestys
Government since that date Is f5A3y The Jesuits Is
tates which conhscsted at theconquost and w.n
the Catholics asked backed and were met By relIa.
In 1896 yield R4373 year in gross, the not fcyenae
deduciing expenses beng 1859 year.
The Crown Directors of the Grand trunk
Railway have been gazetted They are; Hons. hncns'
P r., James Morris NJ L. C.; Malcolm Cameron; "a
p p; John Ross l.. e.; George Y. Cstir, Esq N. 7.
r. George Crawford Esq, MP.P.i Tbos Ryan, tsfi a;
I Gelt Esq and H. Helton, Esq Theswo hitter name"
gentlemen were the principal nominal prophetors OF inc
stock under the charter which the Par anenf mas SUPER
seeded and ID remarkable that after ney carried them
opposition 10 the new Trunk Line bill 10 the eatet ex-
trenes they have turned round and consented 70 90
placed on the Directory to carry out scheme when
they had themselves denounced az corrupt But suca
this world, and such ere politicians
The occasion Of the Duke OF Weiiingtohs
funeral will generally be observed rs holiday IN Own
and cities here Some efforts are nfkng 20 raise san
scnptons to builde monument for me pukei ana De
leye the collection OF money has already eoInsneoa
We Canadian col0nists have not hitherto proven oui
seyes very jealous in the work Of building monuments
for the lllstrious dead. sOme fourteen year, hyg
passed since the destruction OF Brooks onanft1, anu
The work OF rebuilding has yet 10 be done. loro ha
eslfe was prop,sed monument by the partsans VINO
inhaled HIN in life but after death nothing was done
beyond few empty praises Of hn memory, ana 1he
promlses OF monument toward which not the hr.t dot
lar was ever raised II may possibly be inherent ia me
ease of Wellington for the feelings his memory inspires
ia the breasts Of Englisbrnen are dnfsrenti ot mo
chances this moment point quite az rnoen 70 alure
az snceess. -,
During the present session-tor we must still
regard the session holdings measure has been
passed which gives 10 the associative pnncpis new a.
rection II an asaociaion Of rsds under the direction
a he Government, consolidated municipal loan fund
IL created In this way Whenever municipality re-
auires 90 make loan for public Improvements, tina
Government approves the object iezues deoentures
10 the the municipality which debHs win
the sum- The debenree 70 express on the lace OF
them that the Government agrees 10 them at twenty
years and the interest per cent, yearly out Of the
Consolidated Municipal Fund, and from other source
whatever Tie borrowing municipality pays 10 the Gov
eminent per cent per annufn Of which eper cent 10
for interest and the remaining two goes 20 form sink
ing fund 10 pay of the debt The Government may pay
any demand cut Of tbs general fund that cones aaiest
H. and IL may borrow from the snling fund.- uers be
no other moneys available keeping correct accounf
with each municipality for hnsl settlement IL . ey
pected that this plan viii raise mAnePal cred sst kss
10 per cent on the average. o