The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-22

The sales Of cotton yesterday were 500 bales at
steady prices. Owing in part TO the reported actual
opening Of navigation Of the Hudson, -four easier
and sales Of State brands made at so 81 Sc. Prov
sons dull. Pork merchants were inclined to hold
out against the downward tendency in prices. They
argued that although the supply much Target at the
West field for ito consumption had become greatly
extended There was vast increase in the number of
railroad aborers well in the number Of operatives,
in all kinds Of mining enterprises whether in the Allan.
tic States in California Australia, all of whom would
require supplies Of pork and beef
There was some conversation regarding the opening
Of the Amazon and La Plata rivers with their tributaries
by the government of Bolivia. The movement con-
sdsred Of great importance to American commerce, and
especially in prospective sense.
1t was believed however that further negotiations would
be required with Brazil and probably with other South
American Provinces before merchants could be induced
to embark in trade however vast inviting. 1t was
thought that any representatives sent to those
governments should be Of acknowledged ability and
profoundly versed in commercial affairs. Much would
depend upon having those vast rivers opened to Ameri
trade permanent basis secured by treaty.
Where revolutions frequent and governments
often changed mere paper decree of temporary ruler
congress is not sufficient to give confidence to
mercial pursuits Capital will only seek employment
through those channels where safety with favorable
turns, can be realized.
It suggested that at best, the Development of
trade along the vast rivers of South America would in
the present condition Of the world be of slow pro-
gress The vast and rich gold fields of California and
Australia to great extent monoposed American enter
prise So long clipper ships be built and made pay
for their first cost in two voyages hePacifc coast
China and back vessels be filled for Australia with
passengers and freight, at good round paying rates.
very little disposition will exist to make experiments in
South America The only thing, it was thought, which
could turn the tide to the South American interior woad
be the discovery Of rich gold mines in that quarter with
free to them. Extinct silver mines spoken Of by
Lieut. Gibbs something like extinct volcanoes the
life and strength in them probably having been exhausted
But Bolivia has offered reward of 500 TO the first
captain who shall reach her territories in steamboat
via the Amazon the La Plata and their tributaries it
is likely some American viii get the prize. This may
possibly be done by the captain Of the Fl Paraguay
small New York steamer.
highly respectable merchant, native Of this CITY,
and who speaks French fuenty stated pro contra to the
HERALD account Of yesterday, that investigation
was in progress, and approaching completion, which
would eoncusivey prove far facts to would
establish it, that the Rev. Mr.. Williams be nothing
less than the Dauphin
house yesterday received q private letter from Mel.
bourne via England which gave accounts Of exorbtant
prices Of real estate and almost everything else there
and that trade was brisk and gold plenty