Nashville daily patriot. [volume] (Nashville, Tenn.) 1855-1857, 1855-12-22
SATURDAY, DECEMBER %, 1855:
The News.

The News.
The St. Louis Republican of the 18th inst saw
The Legislature of Missouri adjourned on the 18th
inst snd that amoug the last acts was one to loan t.
the Pacific Railroad Company the sum ofS250 coo
FOR four months, 10 meet the immediate wants o
the Company. This loan comes from the satt
Treasury. rr ..HrE-aF
t The Reputiiean publishes the Railroad Law
-. Oh was passed notwithstanding the veto Of tb,
Governor, andtsays when it Is understood, conaec
tion With this law, that State Sinking Fund fol
the City aad County Of St Lous-all intended Il
protect the holders Of Bonds ia the regular rsceip
oftheir semi-snnubl interest, and the payment o
the principal when it may become due--are among
the measures OF the session, il must have the efec
OF approaching Missouri State securities whenever
they are thrown upon the market. These securi
ties, it should be Remembered only issued as tht
several works progress and it will be three or fou
years before they all wanted. In that time, a
less twelve hundred miles of railroad will De com
plcted AID 10 operation-the lands belonging to two
of the roads-some two million OF acres-will have
been sold at high prices the wealth OF the State
and the revenue paid into the Treasury, will be
doubled, and not dollar will the State ever have
topay account Of these roads,
Arrangements are in progress to have all the in
terest money due upon State, City or County
Bonds, due the LIST Of January, in New York OF
wherever the coupons are payable.
The latest intelligence from Washington, by mai.
and telegraph gives assurances OF the most perfect
good feeling among the menbers-but there is no
Speaker elected yet. The members, however, it is
said, are beginning TO feel financial crisis in their
breaches pockets They can get no money TIL the
organization is effected, and as many of them had
more spare cash than was necessary TO carry
them TO Washington City, they have since been
living on tick. Landla les and boarding house
keepers getting importunste for the first install
nens Of their board bills, but the members have
nothing to give them but promises to pay till they
receive their mileage. This latter circumstance
may probably bring the members to terms on the
Speakershp quicker thaH any conscientious scruples
about wasting much public time aud money.
The Legislature Of Missouri at the lasts session
dd not elect United States Senator, although the
election OF two was spoken Of This duty will de-
volve on the next Legislature.
bill has passed both Houses OF the Alabama
Legislature granting loan from the State Treasury
of $780, 900 to the Memphis and Charleston Railroad
Company. The Legislature OF Alabama have
adopted resolution to adjonrn SINE die on the It'll
Of January. ..-....
The New York Post says that the bulk of the
supplies Of cereals has now arrived, az the canals
of that State are closed to all shipments, and the
effect Of this is seen in the daily decline ia prices
both of grain and -four. The export demand is
large, but the want of ships prevents as much 60
ing forward wanted, and the rates OF freight have
consequently advanced considerably.
1t is estimated that the growth of tobacco in Cali
fornia the present season, win amount to fifty
thousand pounds One grower in Contra Costa
County, estimates that bis crop will amount to six
thousand pounds. Tobacco promises to become
an important agricultural staple of the State.
The Washington correspondent of the New York
Courier and Enquirer telegraphs that Senatorial
Caucus was held on the 18th, and that there was
great excitement over the question of printer, and
Mr. Tversons slavery resolution. Gen. Cass said that
the party organization required the nouinstion Of
Nicholson and Forney The resolution for nomins
ton passed. and several Senators intantly bolted,
including Messrs. Hunter, Mason and Bntler. The
Cass Subcommittee on Slavery Resolutions will
report on Monday. Mr. Hsmlin, Of Maine, has boil,
ted on that list, declaring it is wanton agitation
The Richmond Wing of the l4th states that the
receipts of wheat in Richmond during the past two
weeks have exceeded lac, 900 bushels
In the Philadelphia City Councils on Thursday
the City Controller made a report upon the amount
of taxation required for the expenses of 1856 The
amount OF money required for the expenses of the
various experimentation 1856, is $780, 800. The
amount OF receipts from the various departments is
estimated at 81 ,635, 3OS, which will leave the sum
Of 81 1853 496 to be provided by means of taxation.
Aloan of $500, 600 was authorised by the Common
Council TO be made TO pay the interest on the city
debt due on the Let of January next
Tho Department of the Interior has decided to
issue drafts in payment for work done under con
tract or for salaries to land officers themselves and
not TO make payment to assgnees the necsion to
take effect from the let Of April next The General
Land Office will oct in conformity 10 this decision,
and viii shortly address a circular to the different
Land Offices, setting forth the manner in which
their Offices will be affected by this rule
The Franklin Insurance Co, Of Louisville have
elected John Barbeo Esq, Mayor Of the City to
the Office of Secretary of that Co. RI
Mr. y will accept and resign his Nayoraty. Col.
8 WIN. Riddle lately deceased was the iormer Sec'y