New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-07-26

Charles T. Bots........... -
Myron Norton was nominated for the long term, re-
oeivfne lss votes to 81 for x. p. sprague. The fol-
lowing IL an abstract Of the platform adopte by
the convention:
/. The Democratic party trusts in the people.
.. This trust distinguishes Democracy from Fede-
ralsm in al shapes.
g. The Democracy reasserts old Democratic princi-
pies. A. The Federal Constitution should be con-
srued strictly. 3. Congress has authority 10 make
internal improvements within a State. c. Nor TO
assume State debts D. And should not protect one
occupation more than another. f. And should prsc-
tce risid economy. f. And should keeppu1c money
away from banks. @. And should not restrict priv
eges of foreigners 20 become citizens or laldosners
H. And has no power to interfere with Slavery in the
States.
4. The California Democracy viii sustain the Fu-
giiiye Slave Law.
S. And will resist all agitation of tue Slavery ques-
ton under every shape
g. And il in favor Of Pacific Railroad and of aiding
il by " legislation"
miners and settlers in good faith on " lands in this
State
tons having for their object the prescription OF
any American either :" " a. contrary 10 The spirit of
our institutions and reasonable in effect il not
" in design.
9. And repudiates the prescription of any citizen
because Of birthplace and religion.
TO- And invites all Democrats who have joined the
Know SottiDgs TO come back and go In for the De-
cratic ticket.
H. Tie Convention viii require every nominee to
subscribe 10 the foregoing platform
Messrs. Bryan and Norton have received the noml-
nations for Supreme Judges.
CHARGIs OF FRAUD.-An interesting suit was com
mepced Yesterday in the Superior Court by Mr. John
Flint against Haight aud Wakeman, wei known
brokers who were arrested about fortnight ago on
charges of fraud and embezzlement. Tie case came
ND on motion 10 discharge te arrest, and the facts
were shown to be substantially as follows
In last January Mr.. John Flint had applied 10 the
defendants procure letter of credit on some house
in New York City for 81 600, and had Offered to pledge
q lot Of bonds, stocks and Controllers war
rants as collateral The defendants accepted
the collateral and gave Mr.. Flint letter
of credit for $1,000 drawn by Page, Bacon
& Co. on Duncan, Sherman x Co. OF sew York.
Flint proceeded to NewYork aud presented the letter
Of credit which, as he states, Duncan, sherman Co.
refused 10 accept for the that the business OF
PGge, Bacon & Co had passed out OF their hands lie
had also applied to Mr.: Hoadley VINO re re-
con & Co 10 meet the draft. This portion OF the
facts was however, contested 10 was alleged on me
other side that Duncan, Sherman q Co. had, on the
presentation of the letter OF cre1it, told thnt mat IL
was good but the money not drawn; and sub
seque1tly the failure of Pege, Bacon N Go. OF san
Francisco having been heard in New-YorS, Duncan,
Sherman & Co. refused TO cash the letter OF cred
Flint came back to San Francisco Ii further ap-
reared in evidence that the defendants, to procure
the letter of credit for Flint had pledged to Page,
Bacon q Co. the identical stocks and scrip which
50 GA 90 on ihom. When their note for this amount
becoue due, Mr.. Wakeman was adj ised by MIR; Heary
Haieht that the stocks and scrps would be sold unless
the note was paid, and MIR. Wakeman, VINO had AT
that time lust returned from New York pretended X.
porance Of the transaction and left II TO be inferred
that Page Bacon CO. might proceed to sell the stock
and scrip. They were accordingly sold, aud brought
81 GEO. which less than the advance made on them
10 Haight and Wakeman. On this state OF facts
motion was made TO discharge the defendants from
arrest. Mr. Calhoun Blnnding opposed. The Court
eventually reserved its decision. lsun, June 80
The AFFAIRS OF ADAMS & Co.-Last week the re-
port of the referee w. G.. Wood appointed to exam
Inc the accounts of Mr.. A. A. Cohen, who, upon the
closing of the firm of Adams & Co., was chosen Re-
ctiver was fled in the Fourth District Court, and was
confrTntd. Among the other items set forth by the
Receiver was the of $l24 sec % received IN cash
from the various offices of Adams Co: throughout
The State. Yesterday, on the motion OF Messrs II Al
leck Peach Billings, an order was entered against
Mr. Cohen, the Receiver, TO show cause way his ac-
counts should Lot be opened and he be held liable Oh
his ofiical bonds charge that the accounts were
Incorrect; that the il, ms for professional services,
amounting 10 So 600, should not be allowed; an thg
the $4,000 allowed for the compensation OF the he
ceiyer exorbiiant
BURNING OF THE STEAMSHIP AMERICA.
The Crescent CITY Herald of June q says:
"Ibis splendid steamer sailed into bay and came
10 anchor about twenty minutes past three O'Clock on
Sunday afternoon, June "a. The weather was iine,
the sea calm ard everything indicated bret visit
and etdN resumption OF Dtr lTlp 10 iuS'l
10 which POINT she steering with Company OF
United States Infantry, numbering 1872 men, under the
con mand of Major Prince. After the Mail ana Ex-
press matters had come ashore, an unusual qhthu'y
Of smoke ffued from the vessel, and CONJECTURE was
Iusy for a few minutes respecting the cause but con-
lecture was soon soidifed into certainty The vessel
was on fire, and of excitement, both on SHORE
and at sea, followed, which we have but feeble pow
ers of painting Lighters boats and canoes sur
rounded the aied vessel and dotted the bay we cod
see from the shore that those board were making
supeTbuman eIertions to master the threatened ca
lamity.
"AIl the soldiers who could be spared from the YES
sci were soon sent ashore and in about half an hour
after tie extra smoke st perceived, we could see
the paddle wheels beginning to move, and tins hne
ship was aground in the shallow water about one
huC red and fifty yards from shore Buckets, ladders,
| ropes and everything deemed useful were sent on
board with a rapdity and an energy truly surprising,
and to which praise can do justice. At times we
| believed that the fiery element must yield 10 such
mass of gigantic and united exeTtion: but no the
dense smoke gradually deepened and darkened, the
efforts board became fee bier account OF the in
possibility Of men maintaining their pOsi,lons and
sheet of clear flame that tore through the black smoke,
! proclaimed the triumph of the destroyer. Human
| POWER was vanquished. The vessel from stem to
| stern was soon mass of flame, whose brightness
painful 10 the eye. She was left TO her fate. The
| greedy flame fed eagerly, and on Monday morning
| charred smoulderng and hideous skeleton all
that remained of the so-atey compact swift and
WORTHY steamer America. Thus has ended the career
of yessel almost new and by far the ros efficient
! ship that has ever sailed the Northern Pacific. We
have just learned from Capt Wright the proprie or
Of the lost vessel that there was not dollar of IN
surance the yesS and that ne estimates his loss at
/ $4,000.
'On the destruction Of the America becoming
tain cur City Council convened, and appointed MOr
Wendell and 3 G.. Whpple of this place to wait upon
! the owner and commander, and TO tender 10 them,
their Officers, passengers and crew the hospitates OF
! the city.
IN. lives were los. 1t was singularly fortunate