The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-11-15

nised them as members of the Democrats r,a~.,,
on the faith of professions which those who t,o,.
thempronounce to be insincere Diffarence-Ge,
Scott was Whig, Gen. Pierce Democrat" The
Mail comments at some length upon this text
The Enquirer gives "a Leaf from the Past
wherein principles of the two old parties are re-
viewed, and identity sought to be established be
tween the Federal and Republican parties of the
present day. The Enquirer has also an article on
the 'Wisdom of Democratic Policy embodying
an extract from aspeech recently made by John
A. Dix, giving facts and figures to show that the
present accumulation Of public revenue is owing to
the salutary operation of the Treasury system
FINANCIAL OPERATIONS OF THE BoARp OF p,rp.
LIc WoRKs.-The Enquirer publishes synopsis Of
the financial operations of the Board of Public
Works with the State Treasury, during the fiscal
year ending Both September, 1853 transmitted by
the Second Auditor to the Governor, in conformity
with law. We extract therefrom the following:
The receipts of the Treasury, on account of III.
Internal Improvement Fund, amounted TO rs 0a7 .
425 81 and with the balance on hand. at the com.
mencement ofthe last fiscal year made an aggregate
of S. l024 475 o. There was disbursed. during the
same period, s. 0l0632 So leaving balance in the
Treasury, on the lst OF October 1853 of $9l S45 64
account
of dividends bonus, and interest on the productive
investments of the Fund, and premiums on Ioans
obtained. This amount is 3d. ,341 81 more than was
received from the same sources during the wear
ending 30th September, 1852.
There was received on account of registered and
coupon bonds, the sum of $,4050, ,486 g. Deduct
from said amount the sum of $235 an invest
ment made by the Board of the Literary Fund, and
$500 0returned-ithaving been improperly received
and the increase of the outstanding public debt
during the last fiscal year, amounts to $4 026 7a6 s7
The aggregate outstanding public debt of the
Commonwealth, on the 1st October last. after de-
ducting the amount redeemed, as per exhibit of
the Sinking Fund ascertained to be O4l 775 5O
1t is deemed proper here to state, though not
mentioned in the annexed statements that the
equated value of the productive investments held
by the Internal improvement Fund, and the Com
monwealih proper, to obtain which, the debt of the
Commonwealth was incurred, is estimated at "a !.
12l, 500 By equoted ua!ue is meant that amount
which, at SIX per cent, yields the revenue of these
stocks. Therefore the outstanding debt of Virgin
ia the 1st of October, 1853 less the above value
of investments, is S9, ,920,275 So
The disbursements on account of loans To Inter-
nal Improvement Companies to be redeemed in
thirty -four years, amounted to 81 700 900 The sum
of So l49, $50 Sc paid account of subscrip-
tions and appropriations for purposes of Internal
The Internal Improvement fund possesses pro-
ductive investments amounting to $5 636 226 80
which is an increase of 81. .993 212 Sc over the
amount held at the end of the fiscal year for 1859
The Commissioners of the Sinking Fund organ.
lied under the act passed March 26th, 1853 and in
conformity to the 29th section Of the 4th article of
the Constitution; upon principles which insure the
payment of the interest," and the gradual extinction
| of thepublic debt of the Commonwealth. The es-
tablishment of this fund should and must necessa-
| rily place the credit OF the Commonwealth upon
| tie highest ground. Of the public debt existing
on the lst day of January, 1852 there was autho-
| rized to be redeemed certain certificates amount
- 4 e. -
deemed sl14,566 81, and the residue the holders
thereof have not presented for redemption The
interest upon the amount thus authorized to be
deemed stepped on the LIST August last, the time
advertised for its redemption
The balance in the Treasury to the credit of the
sinking fund on the lst day OF October, 1853, is
Sl3,7 ,754 SO.
AFFAIRS IN CUBA-The N. o. Picayune has re-
ceived Havana papers of the 4th inst, by the
steamer United States. Our advices are to the sh
but the following intelligence; showing the condi-
ton of affairs the island will be perused with in
terest:
On the 29th of October, the fourth number of
La To- del Pueblo Cubano, Organo de la Indopen-
cia, was issued. A considerable number-some
thirty more-of suspected persons, belonging to
prominent families in the city, were taken into
custody between the date of the paper and that OF
the arrival of the United States he 4th) and efforts
were making to discover the printers OF the sheet
which consisted of two badly printed columns
The obnoxious paper contained but single
article, entitled La Situdci0n. II commences with
the declaration that lie Yoz del Pueblo, like the
| Phoenix has arisenfrom its ashes and goes on to
that the spirit the martyred patriots of Cuba
still animates the hearts of their survivors. The
idea terminated by them and watered by their
blood, it is averred, has abundantly fructifed and
| is destined yet to produce rich harvest
| The writer then proceeds TO take review of the
4 CfY- -
/ Government toward it, and the naughty and tyran
nical character OF the local ruler, whose will il
| law and whose orgies at the palace are comment
| ed on with bitter severely.
| After dwelling on the course taken by Spain il
| connection with England with reference to tht
suppression ofthe slave trade, the apprentice sys
tenn &C., and alluding TO the tone of the press O
the United States in relation to the subject the wr
ter declares that abolition and revolt oi the black
are the objects had in view by the English Govern
| ment, and warns the plople OF Cuba against tn
| coming storm. The only preventive-the on
remedy, he declares, is reyolution and for that b
maintains the time is now nearly come
SONORA An English brig, the Arrow, was seize
at San Francisco on the Both of September, on SUI
picion of being engaged for an unlawful exped
| ton to Sonora
The affair is creating some excitement, as ther
Isl controversy between the State and the Unite:
states aulnOrlties inVOiFea the iattef AdsiHS "
| rected the arrest Both parties remain on ooar'
the vessel, each claiming her possession. Ihe &C
of Congress OF April 20, 1918, invests the presi
dent with power to use both the military ana naya
forces of the United States to seize and detain am
vessel fitted out for the purposes OF any sgcn ekps
dition; and the orders under which Gen. hitencoci
is acting if he has received such orders are douot
less based upon this provision OF tne acI
THE cHrNcHA ISLANDS ArrAIR.-The Panama
Herald has the following to the late di'cul
ty at Chincha Islands:
Private letters inform us that the Defiance sailed
or the limited states on the l0th, the Captain hsy
inc sented 10 receive the ship under protest ths
Gevaru1,ent az having first paid $50 day demur,
ace The defiance Is a splendid new ship OF l7o1
sar. ON her first voyage. The Captain u one-tourtt
snap eon0 and most gentlemanly man. The whol'
s,s.;r has caused the Peruvian Government much
ananvanee. and they do not at all justify the fct
a. ,ss;r effcers It 10 to be hoped that the mattel
| viii be amicably arranged
r,.o ladsnamed Moore and Kline were acciden
tally smosheredto death a, Mount Carbon, Pa
They were employed as car greasers on the rail