The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-27

increased veold The Vermont and Massachusetts, Rail-
road has lost utterly, twelve miles Of its track and
tanned ether damage, which have heard estimated by
competent Judges at quarter Of million Of dollars As
the OF this road has $40 this loss will be
almost death blow to it, In many parts OF the
damage has been sustained where the effects OF spring
storms have hitherto been slightly felt IL at all The
season will be long remembered, as which time
Of almost unprecedented misery. ALGOMA.
Our Canadian Correspondence.
QuRBEc, April 10, 1852.
.9rral Of Vssels from Sa-IHe St. Laurence sill bound
Scheme for Permanent Ice Bridge-Mon,real Board Of
Trade-Unry Laws-1ra1e Regulations With the United
Sta,-Cosnmercid Comren,ion-Di6 rential Ds.ies-Dis
in the 7o,cnshpsBfuscal Doings-Rumor respecting
Sir John Harrey's Successor, &c.
Spring has given earnest Of its approach in the
shape of the arrival Of four vessels from Tho good
ships Toronto and Albion made POnite Levi the
ing Of the 10TH being the earliest arrivals record They
have since been followed by the Cambria and Ottawa
Would that could add that these symptoms Of return
ing nnimation from without accompanied by
responding change Within that could with decent
gard for truth quote the hackneyed lines
Difugere nives redeuut jam gramina campis
Arboribusque conuo!
Alas still ice bound. Lake st. Peter is quite
solid; and caroles crossing in perfect security at
Sore and each tide drives fleets Of dminutve icebergs
past the wharves at Quebec is trAing matter de-
sroy the work Of five months steady frost The Toronto
and the other vessels which consigned to Montreal
have before them the delightful prospect lying several
days in this port, until fate orens the channel When
the Quebec and Montreal railroad is built 1t is pre-
snmed that fewer vessels will be consigned to the latter
city Quebec will be the seaport of Canada and VIC shall
then be less dependent the state the temperature
above for the commencement Of our commercial year
Next 70 me tardy approach OF spring on the Lake. the
greatest drawback from which Quebec suffers is the i'm
perfect and insecure Of communication between
the two shores OF the St Lawrence during winter
son Several schemes have been proposed to knit to-
gethor The Two shores at all events, enable
visit orr fionas the other side and the farmers to
bring their produce to market here without spending an
hour in caky arrccably diversified with an occa
sonal race sheets OF fclng ice. and running some
risk of being damned to death between the larger pcces
Captain Boxer r. N the harbor master has dreamed Of
suspension bridge. with span OF 200 feet but after
survey the PROJECT seems to have been abandoned
others seem TO think could be devised coayng
the ice into stationary position opposite the town.
70 form bridge every year. committee which APP
pointed 10 examine this scheme has reported that il
would he quite practicable provided f15OOO were laid
out in wharyes and piers each side and modcsy sug-
gests that the should be requested to con
struct these works fear that little notice will he taken
OF the report by rulers their hands full other
schemes and their pockets will he enptied an alarm
ing extent ty the railways steamers &C. which they
pledged to set on foot patry of el00o0 has lust
been laid out by them in the purchase of Spencer Wood
for the Governors redcncca piece of prodgaty which
will operate to the prejudice OF future applicants
In my last gave you brief outline Of the annual re.
Montreal Board has since come to hand and is entitled TO
ut least as much consideration II more practical than
That Of the Quebec board and places in bold relief many
OF Inc points on which the mercantile community
trea-n many respects tho real reormers province
are at lssue with their more conservative felow-coun
trymen o. French extraction II advocates example
The abolition at all events the notification of the
usury laws These felt to be bar to The progress
the country Money il VIGOROUSLY worth more than six
Per cent in Montreal and Quebec and the existing law
which fixes that the maximum rate only operates SO
a. 70 drive lenders to dishonest shifts contrvances
shfeWd operators always manage get than six
cent-cvon. IN many bond and mortgage /
need not point out the demorlizng tendency of such
state OF things. Merchants charge a commission from
~ 10 - per cent. and evade the law Lenders on
e9na ana mortgage advance 81 600 aud take bond for
SLIGO or purchase property below is value allowing
the original proprietor redeem j. at what il actually
worth These facts admitted all sides and vet
the French members Of the House " not aIter
the law AT the same time they do scrupc to per-
nit public companies by their charter to borrow money
a. c,n md eight per cent The act Of incorp Of
the linst and Loan Company. in Upper Canada anho-
rizcs to loan money at eight per and the building
societies rece; We much higher rate Of interest.
referring 10 the q trade between the states
and Canada the Montreal Board complain that Amari
can merchants enjoy advantages in markets which
are utned TO cur citizens. Thus. n Canadian who
buys cargo vi sugar in New York. to sell NJ Montreal
pays duty at the Canadian custcm house the price he
pad at New York, while tue New York merchant can en-,
Ter he same cargo into the province pay Of the
cost price in Cuba. Nay more the American merchant
can import hi goods By way Of the So Lawrence is
only compelled to pay duty Mt the American frontier
en- the sterling nvo while British FOODS exported by
Canadians TO The United States are for duty AT
the ruling price in this province.
Many other, subjects. such as the re enactment Of
bankrupt law the repeal of the which obce the
mercantile community to observe the holidays Of the
report But the most important clause il that which re-
ies TO The Congress Of the Boards Trade OF Ouebec
montreal, kingston and Toronto, which is to be held
after the opening Of the navigation Three subjects are
10 be laid before them:ls The removal of ali impcdi-
,nents TO emigration by which presume the emigrant
tax Is meant to he unerstood ID The establishment Of
semi monthly limo Of steamers which the govern
neDt as informed you sorac time ago have taken in
hand and 3dly such discrimination and revision of
the duties now chargabe goods imported from sea by
way Of the 81 Lawrence may coniuce the encou
Of that route in preference indirect or foreign
rours This last YOU will perceive is the main sub
ect which will be laid before the Congress The question
WIZ pe whether u Is advisable to put check mpor-
ations via New York and Boston by assessing them at
higher rates than those leyiab,e goods imported win
the St Lawrence. Taken the present moment when
the reciprocity scheme is still before Congress this threat
OF new tarh Is worthy Of attention hardly bring
myself to thn, that the Kingston and Toronto Boards
OF Trade would willingly concur in such a measure but
can readily foresce that the change would be welcomed
win delight by the merchants of Quebec and Montreal
shall keep informed of the proceedings of the con-
vention or Commercial Parliament" as some Of the
papers have styled it,
Petitions have been received bv the government from,
the Eastern townships wing relief from the distress in
which the settlers have been involved In
Of the early frost last fall which DESTROYED the crops
The scenes of suffering and famine are said to be heart
rehung ana are tho more to be deplod the victims
are chiehy new emgrans who little prepared under
any circumstances for the rigors of Canadian winter
accounts OF distress and want have been received
from the Saguenay.
Among the novelties which summer Is 10 bling us Is
ss Doetwick me american songstress, who has been
pronounced equal to Madame Cinti Damoreaux She is
expected In Montreal in few days and will probably
pay us visit If the steamers are running The Ger
manans too arc to give few concerts in Canada in the
month Of May.
II is rumored that Sir Edmund Head Governor of New
brunswick Ia to succeed the late Sir John Harvey in
nova SCOTIA STADAC0NA.
Our Albany Correspondence.
ALBANY, April IL, 1852.