New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-16


Pis Mine state that sixty tuns Of Copper have been
,.Lsp orta larger yield than any other mine Lake
s,n,;o- in psoportion 20 the amount Of work done and
o., derb 70 which the shafts have been carried The ven
bicb il one Of the largest being 70 feet
vide continued to present the astonishing richness
Three shafts are being sunk and sdt connecting them
together II opening
Letters from Mr. Dickinson the Superintendent Of the
Bohemian Mine to May report the discovery the Pts
cssqua location belonging TO that Company of one OF the
largest and mo. promising veins the Optonagon On
running but few feet distance, enough mass Copper
has been exposed It is estimated BY good judges 70
pay all the expenses hitherto incurred in opening s works
The Illinois Canal Lands sold at 81 to $40 the
latter for timber lands This largely in advance Of the
estimate
The Bonds and Mortgages belonging to the Farmers
Bank OF Onondsgs sold at auction Thursday last
and brought sis,5o5 The Evening Journal says
"Tbe Bonds and Mortgages thus sacrificed were deposit
ed with the Superintendent for $50 3l7 which
represented by Of high character and good judgment
TO be but two hs Of the value Of the lands mogaged
"Al experience, far has shown the insecurity OF
Mortgages basis for Banking Such sacrifice. when
there money pressure and when Lands in Western
KewYOrk are worth from % 10 30 y cent than
sny former occasion, teaches lesson that oug to be
"The Bond and Mortgage Banking system is unsound
and dangerous On all such securities when Banks have
failed to redeem their circulating notes there has been
heavy losses And what in Of pressure 50 severe
blow up dozen Banks, would Bonds and Mortgages
be worth
The ease with which Bonds and Mortgages obtained
for they are made order when Bank cannot obtain
Stocks-is the Of Bank Expansions. They will,
sooner or later the Of Bank SuspensiOnsand
then the bill holders will find that they have leaned upon
broken reeds"
The South Bend Registr gives the following RESUME Of
The facts Of the late collision between the train Of the
Northern Indiana and Michigan Central Railroad Cos:
The determination on the part Of the Michigan Central
Railroad and its friends make appear that the Michigan
Soutbern Railroad b exclusively to blame for the loss OF
Me al the fatal collision induces us 20 bring together All
te the case from the first 10 the last that the pub
he may them in connected shape at one view
At the place where the accident occurred the track OF
Che Michigan Southern and Northern Indiana Railroad was
laid down long before the Centrals.
When the Central determined to their track, aud
20 have level crossing Mr. Jerv Objected most strongly
g. The Central still insisting the Directors OF the South
ern Road held meeting and declared that crossing on
bridge would be the only safe modethat they could not
agree sny other proposed that Joint Committee OF
both Roads should upon the mode and manner OF
crossing and stated further that if they could not agree
they were willing TO refer il to arbiters for adjustment &C
cordiDg "a the Centrafs own charter
Mr. Jervis further proered, on the part Of the South
ern Road 10 pay part Of the expense of the bridge crossing
Mr. VIM Jerys states that the gath Of April, 1852,
Mr. Mason, the Centrals Engineer, assured him that he
would not disturb the Southern track without giving time
" notice TO them
On the 18th Of May despite this pledge he cut the rails
Of the Southern Road put ia frog" for crossing and
afterwards notified them Of the fact.
Mr. j. H. Jervis, on the 10th of May wrote IN repyto
tbs er post fdcfo notification strongly cOndemng the Cen
hal for their high handed and unwarranabe courses pro
testing that level crossing such as had been put n would
render travelling extremely dangerous and place the lives
of passengers both roads in great jeopardy again re-
heratiDg that bridge was the only safe mode and again
offering TO leave II TO arbitration
This being declined, Mr. Jervis told Engineer Mason
that he would have the frog removed but Mr. Mason re-
piled that he should protect il by force and actually sta
ioned large party there who guarded il both by night
and day Rather than riot the southern gave way
and has the Central carried their point .,.e
The testimony all that, the night oil the "a
ts accident the Central bad no headlight out on their en-
CINE which Engineers and Supern'endens know should
BE On every night train The Centras Engineer knew 1t
for when his light would burn he tees that he asked
fhe officer in charge Of such thngsa Michigan Cyto have
fixed but II neglected IL It had been burning that
night accident would have occurred.
TO- The Souherns train fully equipped with lights
and was seen by the Cenrals is e'tfed mile and
half off, The Central would have been seen at an equal
distance by the SOutherns If had been equipped win
lights As it should have been And in that case, the acct
dent would not have occurred ,
II The very instant the Southern's Engineer the
sparks of the Centras locomotive he whisted down the
brakes and reversed the engine but was too near to avert
the collision.
euaee that he had reversed his engine after he saw the
Southerns light he could have stopped his train before he
the crossing but that he went on because ne sup
posed be was entitled TO the track as he would have been
he had had train that could have been seen lie also
testified that il he had not whed down the brakes he
would have been out Of the way but as was he was at
the snas pace for railroad Of four miles hour at the
erossng II he had not taken the halt way course that ne
did, he had either stopped entirely or not stopped at ALL
The light tenth as far he could other hains-the &C
cident would not have occurred.
10 Two nights afefward the Southes train as Il was
going toard Chicago when by the rule 1t was entitled to
the crossing heard the whistle of an approaching tram on
the Central Ii returned but the Central ratified on aud
the Southerns Engineer, by promptly whistling on the
brakes and reversing his engine stopped his train but aew
rods from the crossing and thus barely avoided coOn
when by the rule which the Cenr laws such stress the
Souhe m had the right to the track Mr. Moore then Is
sued his order commanding dead stop at all the crossings
which example MIR Brooks, we judge by the ABOVE artl
Gle in The Adrc ttstr, refuses 10 follow -
And vet In spe of these stubborn facts the friends OF the
Central Road attempt shoulder the whole responsibility
of the disastrous collision upon their rival The above Will
show what grounds they have for their attacks though
h the great contest for passengers from Chicago East the
southern line will lose by its oppaRes at these crossings
nearly half an hour which the Central will gain by its re-
fusal to stop, believe the travelling community VIII
award the praise Mr. Moore which he deserves for hold
ing their lives little precious than small saving
Of time in the running Of his trains
p S-Snce the above In type, we hnd IN The
Chicago Journal Of last Monday the following letter from
fhs Southern Road 10 the Central written three months
before the accident on which we are commenting ana
which intended to induce the latter road To run the
trains carefully At the crossings Ihe Chicgo J0ETNa
In pnblhpg IT, comedies that shows the Southern Road
10 have been comparatively more thoughtful for the safety
and welfare Of passengers - ,.... ppc
I'm, Forks. Prs.iScut II Ne Moagan Csniyai r. o.;
M 1 .hs a. .pe s e Be iS mile. hour
front train (mOvns At moderate speed ha. he
into train Under ANY % $ & ~SSd DC @
t evening at duss your directly ahead of
sns,r us hgh speed freight train aud they Ony
sed The track the crossing was on the
s,s,n lsst evening the above stated
SSus socS so viii yOa that such Of running vii
probably serious accidents BY collision on The ercs we
~ rep. that should notify you hold your Company
rsrene O dslnsse that may occur S' your oa 8p S
nsht and that We bod you responsible of A. sas 20