Daily American organ. [volume] (Washington, D.C.) 1854-1856, 1855-01-04
new YORK Correspondence.

L. "a a. NEW YoRk, Jan 8, 1856.
The holidays being over for some ak months
let US hope that an Improvement in businss may
soon take place, although must confess, the pros
poets are anything but encouraging as yet Thai
the system Of short credits by our merchants VII
be adopted this year. as has been In Boston, there
i no doubt, and six months paper will be the ex'
IRENE limit, except in some particular cases. By
this means country merchants will purchase more
sparngy, and their rcmittances received at shorter
intervals, and much more safer business done, al
though not on 50 large scale. Another favorable
feature is, that we are receiving large sums from
California weekly while the shipments to Europe
amount to hardly anything, thus keeping the pre-
cious metal In our own country.
1t win be recollected that a few weeks since the
4 Empire City Bank, of this city, failed II is nov
ascertained that one Of the directors is defautel
to the bank of about 100000 The sudden dis
appearance Of the said director, Samuel Leggett
one Of our leading merchants) has caused quite M
excitement, and there is hardly doubt but tina,
| he has made way with himself, as he has not been
heard from for some days. A
The President of the New Haven Railroad Com
! pany has offered the hadsomo reward Of five thou
sand dollars to any who shall procure the arrest
and safe delivery Of the person Of Robert Schuyler
the great defaulter in tho city of New York. II
Is to be hoped that this will BIO the means Of dis
covering his hiding place. A full description Of
his person is given in the advertisement.
| DR.. Graham, lately convicted of the manslaught.
er Of Col. Loring, was yesterday taken to Sing
Sing State prison, TO out the term Of his SEN
tence, seven years. He viii no doubt be employed
as as assistant in the medical department Of the
prison.
| 1t is said that the number of applications for
nitatory papers for naturalization the present year
has exceeded all precedent Probably the Know
Nothing feeling, which is abroad, may DO the
ground for this movement on the part of foreign
es. During the past year the number Of persons
naturalized amounted to 1904.
Our stock market has fuctuated considerable
for the past few days A number of failures took
place yesterday, which had the effect Of causing
general reduction in all descriptions Of stocks. At
the stock board to-day prices generally fell off.
Virginia 6's brought 81 to 81 l-2; California ia,
80, ex div. Indiana SIS, IS to 80; Kentucky 6's,
81.
fire broIe out at about o'clock this morning
In the Wholesale grocery store Of Messrs. o. and A.
wetmore, Nos. II and 70 Water street, by which
property to the amount of about $40, 900 was lost
Fully insured
From the Republican Court the following cx-
tracts are taken. The celebrated Italian poet Al
feri, in 1883, addressed his tragedy Of the First
Brutus, to the most ilustrious and free citizen,
General Washington, as follows
The name Of the deliverer Of America alone
can stand on the title-page Of the tragedy of the
| deliverer of Rome. To YOU, excellent and most
rare Citizen therefore dedicate this, without first
limiting at part Of the 80 many praises due to
yourself, which now deem all comprchended in
the sole mention of your name. Nor can this my
slight alusion to you appear to you contaminated
| by adulation, since, not knowing you in person,
and living dsjoned from you by the immense ocean,
we have but too emphatically nothing between us
in common but the love Of glory. Happy are you,
who have been able to build your glory on the sub
lime and eternal basis of love to your country de-
monstrated by actions! !, though not born free,
yet having abandoned in time my lares, and for no
other reason than that might write lofily Of lib
erty, hope by this means at least to have proved
what might have been my love for my country II
] had indeed fortunately belonged to one that de-
served the title. In this single respect, do not
think myself wholly unworthy to mingle my name
with yours"
In the British Parliament, on the Slst Of Janu-
AIRY, 1894, Charles James Fox spoke as follows, in
relation to Washington
"Illustrious man deriving honor less from the
spendor of his situation than from the dignity OF
his mind before whom all borrowed greatness sinks
into insgnifcance cannot, indeed help admir-
ing the wisdom and fortune of this great man; by
the phrase fortune / mean not in the slightest
degree to derogate from his merit but notwith-
standing his extraordinary talents and exalted in
tegity, 1t must be considered sngulary fortunate
that he should have experienced lot which so sell
dom falls to the portion of humanity, and have
passed through such a variety Of scenes without
stain aud without reproach. II must indeed create
establishment that placed in circumstances so criti-
cal and filling for series Of years station 80 con-
spicuous his character should never once have been
called In question; that he should In no one in
stance have been accused either of improper inso-
ence or Of mean submission In bis transactions with
foreign nations. For him IL has been reserved TO
run the race Of glory without experiencing the
smallest interruption to the brillisncy Of his career
Lord Erskinc, in 1875, called Washington's at
tention to passage in work he had then jus,
written on the causes and consequences Of the
war with France in letter, in which he says:
| II have taken the liberty to introduce your au
gust and immortal name in short sentence which
viii be found in the book send you. i have
large acquaintance among the most valuable and ex
allied classes Of men: but you are the only human
being for whom ever felt an awful reverence
sincerely pray God to grant you long and serene
evening TO light so gloriously devoted to the uni
versal happiness Of the world"
| In concluding my extracts from the Republican
Court would mention that this work has hsd an
uncommonly rapid sale. The book was not read,
until the first week in December, and one Of III,
publishers told last Saturday that out Of an edi
ton Of over three thousand they he'd not dozen
copies left. 1t is most likely another edition vii
be put to press in the course Of the year, as III,
book Ia much inquired for. LIS.
by THIS MORNINGS MAILS.
WAsHrseroS, Jan. 3.---The Democratic member,
Of the House met tonight in caucus, In the Hall o.
Representatives, to consider the recommendation
Of the Secretary Of the Treasury TO revise the pres