The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-02-20
EDITORS CORRESPONDENCE.
FROM our ssw Yo.h Correspondent.

quences.- California giSiaine--Lestslatue Of New
York.--Cay Intelligence. COmptroitsr's Account
Gen Houston Failures Death Of Ed,oard Sirahan
Two steamers are in from Chagres-the FL Dorado and
the United States The passengers by the former have
made The quickest trip from California which has yet
been accomplished, having come through IN little over
twenty five days This be II remembered, is by the
Panama route, which still retains It's precedence. notwilh
standing all the wind and steam Commodore Vanderbilt
has expended in tying gain the pas for the Nicaragua
line.
The OF gold brought by these vessels is little
less than eleven hundred thousand doarsnol enough,
by long ways. supply the place OF that which was
sent of last week not much, in fact as has gone
forward every week since the commencement OF the
present year The tide is setting rapidly against us al
ready though this is the when if the abuld
ance OF bills ought 10 check the drain. AS sure as sum.
shall be drawn dry, and panic and revul
sion, such have not for fifteen years, will
follow, unless taken by Congress to
put stop to the expectation OF the precious metals.
We have ntemnable debates about the removal OF the
principal mint, and the establishment oil branchesopcs
of importance, doubtless. provided we are TO be allowed
the OF coin after II is mined But what matters II
whether gold and silver converted into double
eagles and dollars at Philadelphia. New YORK; or San
Francisco long every piece is boxed up hot from the
die, and England to be converted into soveIegns
and pieces, TO France 10 reappear Napoleon
doIs and francs? And We, that is the fate oil nearly all
the federal money issued at present, and will be OF the
whole of ii in another year, if the foreign bankers and
their agents in this country permitted much longer TO
control financial and commercial interests OF the
$40 1000 900 in doube-eages which the comptroller
ports have been struck the mint in Philadelphia last
year, it is said that not IS 900 in existence in the
shape and form and this may very well be true
for, OF $45 900 900 OF gold received in this port during
the period, $i4,ooo,ooO sent abroad. From
California we learn that the supply Of gold found upon
tba in Tho hcdS p is nishiny
though the discoveries OF auriferous quartz bid fair ul
matey only to make up the deficiency, but to yield
an amount exceeding the anucipatons OF the most san
gune The quartz veins, il must be borne in mind how
must all be worked BY machinery. and Of this there
is but very little of seryceabe and efficient construction
in the country as yet. Ii will be year before
what is needed be got there and put in operation;
and in the time we shall experience falling OF
just at the period Of our utmost need.
The leg slature of California not finding sufficient
commodatons at Vallejo, have temporarily removed TO
Sacramento city; previous TO which, however, it would
that they expressed their preference for the former
place the permanent of government. The action
of the commissioners to decide upon land titles looked
for with great interest and anxiety II is said they will
be called 10 adudicate upon the propetorshp of five
hundred million dollars worth OF real estate The de-
mocracy present quite number of candidates for the
cant senatorship among whom Col Weller, OF the
boundary commission, and David c. Broderc promi-
nent.
To return to the Atlantic side OF the continent: We
have nothing very strange 10 communicate from
this quarter Oar legislature by the last accounts,
discussing the important question whether the State
should pay the postage Of the members of the senate and
assembly or not. This subject has been up repeatedly,
and consumed time already; and the pay OF both
houses $500 per dem without accident they
will manage TO sink two or three times the amoun, they
dsputing about before they decide way or an.
other. And why should they nota Have they not the
example of Congress before them (which august body
expends It's four five thousand dollars day in the
process OF economzing half that number Of dimes out
OF the mileage OF member from the antpodes, or
the pension of broken down soldier or clerks
salary, or a printers bill How strange j, is that men
cannot attend 10 the business OF the public with the
prompude, decision, and despatch that they
exercise in The transaction Of their own Could The
time and money wasted by legislative bodies in The
discussion Of TRIES wholly unworthy of notice or con
slderaion be saved, might be the liberal and
munfcen and al the time, the economically
and efficiently governed people in the world
The city comptroller has Just made his report TO the
common council and interesting document il is to
tax payers Ii shows most concusvey that. if we are
increasing rapidly in wealth and population SO we arc
also in expenditures and yearly rates In the year
1851 the city expenses exceeded those OF the year be
fore by the moderate sum Of $4,000 ony but the tax
levied IN anticipation OF the present years expenditure
ovebaances that Of the last year by the very consJera
BILE amount of Sie3.27l-it being s3aG7,770 for 1852
against 50 ,92i d95 for 1851 In view of her revenues
and civil list, the city OF New York is certainly entitled
to very respectable rank among the prncpaes and
powers
Our municipal authorities have appointed a commttc
TO wait upon General Houston and offer him the use OF
the governors room, in which to receive the people
The General has a good many friends and admirers
among us, but not enough give him the vote OF the
city unless nominated by the Baltimore Convention and
not then Il he bestrdes the temperance hobby
The drain Of specie has already so far affected The
money market to the failure OF some heavy mer.
camille firms. The great elk house Of Carleton Co
suspended payment day two since but il is hoped
that they be enabled to again before long as
they show large surplus OF above their liabilities
which amount TO more than 500 900 broker by the
name OF White, one OF firm OF gold. dust buyers has
aosconded WITH II IS said from $780, 900 to 800 0oo which
had been inrusted to him for the purchase OF bullion
The sheriff OF this city has received from the governor
an unconditional pardon for the young Spaniar1 Lopez
who was convicted OF the murder of a policeman His
ekceency places this exercise of his prerogave
on The ground that the cu p the subjec, OF a sover.
eIgn who has manifested great cIemency towards mum.
bers OF our ellow-ctzens who bad by their own deln
quenoy placed her and Liberties at her mercy and
not upon the intrinsic merits OF the case for he avows
his own conviction that the sentence OF the court was
just lie also awards due consideration TO the iperces
SION OF the truly esiimablc Spanish Minister fortified as
is by the recommendation Of the Secretary OF State and
Attorney General Of the United States.
IL IL with deep regret that we announce the death of