Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-12-03
--latest Intelligence from our Baltimore
Correspondent.

CORRESPONDENTS OF THE WHEELING tSrELLIoENeiTF'
,t,n. from Ausiyqlid- The f'iOe MilAen Loan
i5tie b. & b. Railroad BdltiraOre and Ch0'les-
t5S Line2Eitofs FOrest-T'he ItaidH OpergT-
GSoierr in Reio 0rleGas-T,Ae PresideIfs Mes
slgs-Mestiag Of COngresS--1"e hlOrS''S' &C.
fAIriMonE, Dec. Is P. NJ.
1 have lust received letters and papers from my
friend and correspondent in Melbourne Australia
per the ship Sultano, arrived at New York some
daysa ago. He gives true condition OF affairs there.
Business in reality was dull, but the mines YIELD
ing WE'LL. Political Affairs were mi CHI more nm
settIed than would seem from the outSdc' OF sur
face onpearance Of matters. The people are grad
uo1Iv becoming tiuctured with spirit of republI-
conism, and soue undoubtedly ips,rboFdina'e--
The still stringent, though somewhat mtlgated
! laws OF England, are considered oppressive anu
an updercurrent Is gradually at work towards a
revolution 1t is believed the time is not distant
when an effort will be made, with probable sue
cess, TO nut Australia among the independent ne
pubiics of the south. '.'hH-
NV friend is highly intelligent and influential
| merchant, and one whose observations anu oPl-
Mons are entitled TO credit. The condition oil So
cietv in Australia had much improved and the Peo-
| nle were beginning 10 act with al independence
heretofore unknown among the citizens Emlsra-
ton continued large and future prospects cheernE'
but there was good deal of present distress
AMONGST the labo!ing and poorer classes
Our city council is still discussing the five mil
lions loan to the Bait. & Ohio Railroad Company.
Members who should be well posted inform me-
that the bill will undoubtedly pass, though with
..,,, calculations and notifications
Ilearn that the steamer Tennessee, to be placed
with the Palmetto, on the Baltimore and Charles
ton line, is fast progressing towotds complexion
probably be finished some time i'll January.
The project of establishing q line OF steamer
10 Savannah is yet undecided. The man difhcui,
~ appears 10 exist in raising sufficient amount oil
money. Our merchants and business men, now
lever, still have the enterprise under advlSement
anu the strong probability is it WILL yet succeed
The natural course of business actually dems nd'
that something be done speedily:
Forrest is now playing at the Holiday stree
theatre TO crowded houses. Julien farewell con
cert last night was very full.
The De Vres Italian opera troupe commence
Front street on Monday next.
We have rather dscouraging accounts here
the cholera in New Orleans, which hope are rx
aggernted.
Ii is now feared that the President will not for
,Surd his m ssage in advance, by express, as wa
at first contemplated.
Large numbers OF Congressman are collecting
in Washington for the meeting OF Congress OF
Monday. There may possibly be some delay il
organizing. a r
.Breadstuas are steady. Flour 6.75. Grain pn
changed. -na.a
About 500 bales middling 10 mddling fair OF up
land, Georgia ana Charleston cotton sold durin
the week at lO4 cents, cash; 10 liz cents, at ST
months; stock 1000 bales. -
WHISKY 81 and IS cents.
rovisons dull. Mess Pork sl4al4,5O. Bacon
shoulders and sides 7a78. Lard 94al0 10 10! an
IL cents. % Ll .,a--.n az,..B j. W.
Proceedings of the City Council of Balti
more on the SIS, ooo, 900 Guarantee for thu
B. & o. Railroad.
On Tuesday night the following additional Pre-
ceedings were had: a-u
Mr. Sedenstricker offered a message from III
First Branch proposing to direct the finance Com
mittee to authorize the Register 10 issue stocks C
81 100000, 10 be sold at par; the money to be Pal
INTO the hands of the Baltimore and Ohio RaIlro'
Company, 10 bc Ised for the purposes OF construc
ton. '...- TO-
His object, he said, was to relieve the Rnilrun
Company. The vote by yeas and nays was lost a
Yeas-Messrs. President, Fnr!ow, Suter, Rcl,
nrtson and Gill.
Nays-NIesSrs. Falls, Webster, Vickers, Griffit
ard Stewart. .a.a. -
Mr.. Webster called up the ordinance TO guaraIi
lee the bonds OF the Baltimore and Ohio RaIIroa
for So, OOO, 900 in sums OF $1,000 payable in lS9
at per cent per annum. r.-f
4 MI Stewart wished 10 amend so that 81, 10000
shouid lie endorsed in 1854 and 81, 500 900 IN 1856
Mr.. Websterrose TO make an explanation. II
was glad to ind that Nh. Stewart was willing I
.enlofse the $4,000. 600 for the company but the
wanledmore than he proposes IN 1854. They wan
tied 10 fund the floating debt and then tEey wante
about $3.50 900 for construction. He would hav
no objection 10 make il three and half or fUu
millions in 1854. He could not therefore vote 70
thu: amendment, for lie supposed the compnn
world use discretion i'll the expenditure of the mo
uey, and lie wished them 10 have it 10 use at dis
cTeton. ,rs-. .f-Ha-'t 80
4 i9Mr Stewart had not understood that the none,
was 10 be used in lqudaling the present liabilities
Of the road hut he thought it was intended for con
Struclion. He thought the Sb,OOOOOO would raIS
their credit, and enable them 10 work along, Blu
he heard then, for the first time The real object
the proposed endorsement He, therefore, cOul'
not withdraw his amendment. va y
Mr.. Webster was layorableto all -the assistance
asked, Us it would thereby RAISE the value OF III
bonds of the road, AMI there would not be neces
sity 10 sell the bonds so much below par. He dit
not care what checks were thrown around tn
Company so that the bonds should be appliedtt
Legitimate purposes, but he wanIed theJ road Il
have the endorsement, as il would thereby be ena
bled to borrow sufficient money 10 finish The road
Il AIr.I Sedenstrlck er was glad that the membe
from the 9th nd Goth wards had taken The grounds
| he had. He discovered that the committee hat
provided two means to pay the bonds, and certain
lily there are two treasures from which they wert
TO be paid, it would doubtless make the bonds We
~ valuable. But the object of it was to borrow
other millions after the expenditure Of the $4,000
600, making in all nearly s9,0o0s00o. He was IN
favor Of granting S2,500.O00 and not heedlessly
running thefcty into responsibility. He believed
| ifthe report of the committee were true in its
statements the sum he proposed would be sqfti-