New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-04-28
Money and Railroad Matfers-Statue of Webster
Savings Banks,

Correspondence of The n Y. Tribune.
The status quo is reestabshed in the Money Market
and it is decided that to have considerable
brood of banks with increase of about S9OOOOOO
the banking capital of the State. Perhaps this Is IN
some measure due to the growth of the people but 1t
seems pity that the who are, as lenders or bor
rOwers reap the greatest profit from it, and who
have taxed their ingenuity and influence to ger the BUS
through should be unwilling tn give the rest OF man
kind the best security against suffering by their oper
atiOns We are surely growing people. We have
OutgrOwn our omnbuses State House, and some OF
county houses. The Metropolitan Railroad, now
through the Legislative MILL is TO be partial cure
for the first evil The State House. the tomb in which
our archives have long lain Wondering is TO be en-
arged by building constructed on modern prln
cipes facing Mount VernOn-St. This very neces
saIy augmentation of room was planned In the
coalition times, and for that reason perhaps, was
ehOked off summariy by the party at present In power
But, second thought the Boston conservatives con-
sidered that fine enlargement would not only be proh
able 10 the city, but would tend To prevent the threaten
ed removal of the seat of Government TO Worcester
and the vote considered IL is now proposed
10 adorn the old DOrc Hall with statue OF Daniel ED
ster to cost $1,000 and to be executed by an American
artist Ifthis is to be done hope the merits OF Brack-
EFT the author of the Shipwreched Mother, Will not
be overlooked 1t is also proposed to cure the over
growth of our counties in the of Worcester, by
setting off the northern part along with lew towns oil
Mddesex in the County of Webster having tltchburg
for its shire town The radicaiSm of Worcester and
the name of the new county will, probably give the
scheme favor with many in the Legislature, who
usually oppose the multiplication of towns and counties
In the dearth of news-for what might say OF Ma
dame SOntag in Linda of Chang and Eng or OF the
bearded lady" or Of the live sea dog exhibition,
would not be much above zero in noyety-perhaps your
readers will ike TO hear something of the poor mans
money market or in other words, the Institutions for
Savings which exist among These Institutions IN
Massachusetts, possess aggregate capital which, az
the present moment cannot fall far short oil S2)ODOOOO
Ii is question of considerable interest whether the
owners OF this capital derive from it, and ITS aggregation,
all the advantages which they ought. The Directors,
Trustees or Managers who have the charge o
receive no emOument for their services and take CON
siderable credit to themselves for philanthropy which
have nOdoubt Justly therdue solar thelrmOtyes are
concerned hut think they might do still better for the
poor whom they belrirnd if they would more thoroughly
study the frtlzrg effect of money in its application TO
human nature in various phases. go
To place the subject fairly before your readers, VIII
olive tabular SYNOPSIS Of the principal Of our
wears distinguishing those which exist in this city from
those in the rest of the State 1t is proper to say that
these returns though remarkably full, are not always
precise In some instances the amount OF dividends
not given hut only the rate per cent and It Is lett I'M
certain to how large portion of the deposits the rate
per cent is TO be applied to find the amount In such
cases have applied the rate per cent to tho actual IN
vestment and thus produced amount OF dividend To
he added tothe aggregate which is little too large But
the error is too trng affect Sensby the ratio which
the average profits bear to the amount invested ANA
the error Whatever it u.s. is principally confined to the
country Institutions Negecng odd cents 10 save your
space the synopsis is as follows:
CoyPPlsoS II me stiuioHs Sdringi the y@ Boston pHh
n all other parts Of MdssGchVseth n.en.