New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-02-20
CITY ITEMS.


CHAMBER OF CoMMERCE.-New- York
M,nt.-AD extra meeting Of the NewYork CHAMBER
OF Commerce was held at the Manhattan Bank yes
terdsy afternoon, to receive the report OF the CON-
mittee on the subject OF establishing Mint IN this
City The memorial to Congress, which was then
presented By the Committee, was unanimously
adopted. II afforcs convincing evidence OF the me-
cessity of the measure recommended
In former memorial, the establishment OF Mint
in this City was argued on the following grounds
Tha. while $4,000 900 in specie wac imported du-
ring the year iS47, $2l 900 600 came to New-York
and Boston. and but $3.50, 900 to Philadelphia thai
one-thrd of the gold furnished by emigfants for re-
coinage, brought to this City and that the mer.
chants Of NewYork pay in coin t*o-thirds OF the
whole public revenue arising from duties
These reasons, it is considered, have become
4" armed with teI-fod greater power than before
II estimated in the former memorial that % O0O,
GEO to $4,000, 900 in gold arrived from California In
the year ls47. 1t is shown that during the year
1851 esq ,0O0 in gold coined in Philadelphia,
and $40, 600 600 at New Orleans, most Of which was
from California; and no doubt is entertained that Of
the amount coined at Philadelphia, $50 100000 ar
rived in NewYork. In view of these facts, the re-
moval of the principal Mint to NewYork is strongly
OF the ground that the maintenance Of two MINIS
ole at Philadelphia and one at New-York-would
be superfuous and uselessly expensive The belief
is expressed that the disadvantage of having the
Mint at so great distance from the point where so
large portion of the imported bullion first arrives
is so evident that objections to the obvious remedy
proposed cannot reasonably be interposed. is re-
sarced as in which all holders OF bullion are
interested, wherever they reside and the tax which
virtually levied BY keeping the Mint where 1t is,
bureen, Rot upon New-York alone, but upon the
country generaIly-a burden that is felt IN the in
tenor upon the board in California, wherever
bullion bought and sold, at every point from which
successful venture is sent to the land Of gold, or
to which fortunate miner returns"
In conclusion, the memorialists say they have no
reason TO change the opinion formerly expressed,
that the risk, expense and delay Of sending bullion
from New-York to the Mint is fully equivalent to
charge of one-quarter per cent. If so, assuming
that $50 100000 of the gold coin in Philadelphia
the year 1851 came from New York, it follows that
the owners of bullion suffered loss to the extent
Of at least $l25OOO 1t is thought that at least
equal loss will be experienced every year. until some
such me asuIe as they advocate is adopted.
1t was ordered that the memorial be forwarded to
both Houses of Congress, under the seal Of the
Chamber.
The Committee to which the pamphlet OF Lieut.
MauIy referred, asking the cooperation of the
Chamber In recommending system of Universal
Meteorological Observations, report
That this is a subject having direct and every
day practical bearing the life and property, the
latter OF that peculiar kind III which many noers
of TINS Chamber have great pecuniary interest.
The assistance asked of the Chamber is particu-
laiy within the power OF the members to give,
which s that shipmasters may be requested TO make
and record, at regular stated times, observations
With the Barome er and Thermometer, the direction
and force Of the wind, and forward those observa
tons to W ashngtOn.
This general contribution to practical knowledge
involves very little additional labor to the snlpmas
ter, as all ships are, or ought TO be, provided
with such means OF observing an indispensable
requisite OF safe navigation.
Much has been done by private individuals to de-
velope the law of storms applicable to navigation
Our cOuntryman Mr.. w. G. Redheld, was the hrsttO
promugate the present received opinion of rotary
soIms, and he has been ably supported by Lieut. Col
Red, Royal Engineers, and Mr.. PlddlnRt0n, OF Cal
cutta and the facts they have developed have already
done much TO increase the knowledge of the 9rie
currents, aid the saving of life and property.
Much more remains TO be done the general and
comprehensive system recommended by Lieut.
MauTy will effect 1t, and the hope may be INDUCED
that the time may come when the kno Wedge Of the
currents OF the may be accurate those of the
water, and that the skiul navlg atOr, avang himself
Il this kno Wedge, may like the pilot in the harbor,
cetermlDe which current he will use or avoid.
TIE Committee recommend that shlpmasers be re-
Quested to cooperate with Lieut. Maury in this useful
undertaking, by observing, keeping records OF their
va,ory AT Washington and it is also recommended
that these observations be kept In civil tine-Ne~
York. Feb. Is 1852.
GEORGE w. BLUNT, GEORGE CURTIS,
JOSHUA l.. PORE.
This Report was adopted.