The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-04-21
Talk on ,ChanUe

The conversation turned chiefly the foreign
Private letters conaicted to extent with the pub
hshed accounts respecting the markets for breadstus
Some spoke of better feeling; four however, the
Of the resumption of canal navigation, heavy, and
fell off about six cents per BARREL closing at "a 80 for
common State brands Corn and wheat experienced no
change-the former in good demand at full prices for
yellow. Cotton sold to the extent of 1000 bales and
closed heavy.
In relation to Coolie labor in Cuba in yesterdays
paper inadvertently stated that the wages ao xed
IS per month, when it only ST. thus they
bound for eight years at the rate of $4s per annam
from which would be deducted their clothing and medical
fees if any Under such circumstances, how it pos
ble that they would retain sufficient to leave the
island at the expiration of the contract2
1t was asked by a merchant whether the British par
lament had gathered and published any returns of
the Coole trade 2how many had been introduced and
bound to service in the West India islands, including
Cuba s-how many had died their voyages
before landing p and how many had ever re-
turned to the places from whence they had been
taken what their plan Of service in the
British islands, and what the wages paidS Light
wanted party stated, in conversation the sub
ject that Cooe labor the terms stated less than
African service at the South An adult Cooe cost $l6o
landing and s4s per year for hire. An adult African
at the outset costs from $500 to $500, and in
places more, and to maintain whom, at the owners
pense including meat, bread and clothing, with medical
attendance would cost about $50 per annumaking the
support of nvads aged and children into account the
cost would exceed this amount The Coolies lived chiefly
rice and other cheap food while the blacks required
ample supply of meat and bread with and better
clothing and better medical aid that the cost of
labor in favor Of Coolies but this dill not justify
their virtual reduction to slavery in any country. If
ever introduced into any portion of the United States
they should come in under proper legal regulations and
protection The British vessels engaged in their trans
portation said to be making money at the business
The determination OF the Secretary of the Trea ury to
change the mode OF making transfers OF the public money
approved Of TIE of the late Secretary, in
making PURCHASES of United States stocks through bro
kers, though perhaps not unusual without the ex
erce of bis best judgment yet it considered not
desirable mode because in improper hands might open
the door to unfair dealing. broker with large
at his command instead Of veting it at in United
States stocks might enter the market his own account
sell out to depress prices, and buy in again for RISE
then realise before proceeding to purchase the govern
ment stocks required at the inflated prices produced by
himself Not the slightest idea impressed that the
highly respectable parties hitherto employed were capa
BILE for mt o. doing anything of the kind The
pr int merely put possible for the future
which Secretary Guthrie would do right guard against
The alleged for the practice was, that the law
authorizing the purchase of government stock did not
allow brokerage to be paid for buying it hence in order
TO induce responsible broker to buy it, free of brokerage
was necessary that be might hold sums put into hi.
hands for the purpose free Of interest
Capt. Nye, Of the steamship Pacific, Change
yesterday, and in conversation with friends stated
that had the ship been supplied with her full complement
of good coal, he would, without the slightest difficulty
have reached this port on Saturday morning last
THE OrERA AT Nmlo'sDonnizetti's sparkling opera of
' Gazza Ladra, (ths thieving magpie producedin