New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1853-04-23

| EMNITIEs-NEw BANKING sYsrEM-BRTDGINo
THE sUsQUEHANNA-BANK BmL-COMMERCIAI
MATTERS, ETC
Correspondence Of the Crfsftnt.
BALTIMORE, April 49, 1858
The change in the direction great work. the Bal
timore and Ohio Railroad Company, has been happily
achieved without affecting the general confidence Mr.
VIM g. Harrison who succeeds Mr. Swami President,
is capable and enterprisng merchant, and well known
throughout the country the head Of the important
ton house Of Harrison Co; he is of high nteg-
rty and practical and thorough going Much fear
entertained Of the Of Mr. Joshua yanscent, in
whose hands the office would have been made mere pot
cal machine and the confidence ensured by the election
OF Mr. Harrison caused the stock to at advance 81
| cash dividend Of five per cent. declared the
Washington branch of the road and of three per r
stock) on the main stem.
observances of great solemnty progressing in
the archepiscopal Cathedral here and the Catholic com
muny absorbed in the observance of their religious
ceremonials grand mission is holding with the appro
val of the Archbishop by the Liguran Redempteres
Priests with the especial view of the conversion of tn,
Protestant world to the ancient faith. large number
of additional confessionas erected in the interior
the church. whilst large black draped with white
occupies conspicuous place and appears object
especial and devout alteration to the almost constantly
attending hrong Of worshppers Sermons preached
daily by Priests Walworth Hewitt, and Smith, all thre,
of whom converts from Professionalism the first
being of Chancellor Walworth, Of Network Til,
Rev. Mr.. Baker, who recently deserted the Epscopa
Church. is constant attendant of these meetings and
course an object Of attention.
The school bill excitement is subsding it having beer
ascertaned that the bill has chance of becoming law
bill has been reported in Legislature for the re-
organization Of the banking system Of the State 1t pro-
the establishment of the free banking system under
the most stringent provisions the basis paper cir
culaton being United States State and city Batimor,
securities to be deposited with the Comptroller of the
Treasury. Under the present constitution of the State
no bank charter be granted without "a CLAUSE
making stockholders individually liable to amount
double the stock they own. The system has many
friends but its introduction at the heel the session
will probably prevent its adoption now.
The bill authorizing the Baltimore and Philadelphia
Railroad Company to construct bridge the Sus
quehanna river at Havre de Grace has finally passed both
branches of the Legislature and the Governor under
the new Constitution has no veto power, is law
The construction of the bridge will great annoy
from the route between the two cities and enable
the train to make the trip in three and half hours The
proposed bridge will $500 000 and will be one of the
most costly and magnificent structures of the kind in this
country The river is mile at the point to be bridged
and from forty to sixty feet deep in the channel draw
is to be placed midway for the passage of vessels
Mr.. VIM. Ii. II, Turner has become associated in the
proprietorshp Of the Argus the organ Of the democracy
here This connection will furnish the sinews of war
for carrying the paper, but will bring no addition to
its talent or responsibility.
lady residing in the eastern part of the city yesterday
cowhided in the street graceles scamp who on two or
three occasions had followed and insuted her daughter
whilst returning from school, The casgation well
laid on. This Is one of the strong minded women y
which Baltimore produces. Happily, the breed is limited
The commercial business of the present week has been
on fair scale The value of the foreign exports been
about quarter Of million. Two vessels have cleared
coastwse for California with cargoes valued at sl2oo0
The breadsu export has comprised 1884 barrels -four
1876 barrels meal and 6694 bushels of corn The
imports with the exception Of two vessels returning from
trading voyages in the Pacific, with valuable cargoes
have been light or coffee, about 5000 bags import
ed The receipts Of cotton have been 1000 bales and
tobacco llS6 hogsheads. OBSERVER