The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-21

mttte th and third millions 70 be ubscrs bed
for In the cities Of and Dresden dsnizens Of the
country kiDsdom of s~xopy and 10 ldition, such par.
ss 70 not required BY govelo Of the mill 'ns re-
apart for the ssme three and third millions 10 bs
subscribed OF touetry To show the which
pevnis now Tor taking shares Ia need
only thar instead Of ths three ana third
which are placed At the disposal OF foreign capitalist BY
ths Lei psc bank above the nO0nt OF
no less Than 4a4 millions have bssn offered and
DAhk iaeiy established at MeipDger q rmsu town
Ssxony, ot 6s09 ihAhanis and tbs residence Of tas
iesnDg DUKE Of SAKE heining-s), vhi,h only issues
$1,000 shares At 100 shslers each, the cubs ripcns
amounted to 6S4 400 kAers that persons wis ang
10 subscribe IL $50 tbsies could only
one sn-te ot IVY tAaisrs, or e.s than one per Seat
On the ether hand, the two institutions
tablishsd IN Berlin, of which gave In
my lsst, been stiaed the brsA oy announce
ment In The Prussisn Honur of the 26Lh ut, stating
that after gste port OF the ministry respect
ug tie jects subnl ted ishlng extensive
situations Il pubic credit m Prussia, has h,jestv,
comic, nifty with the unsnnsous opinion OF his advisers
has DECIDED that no CHAR tsrs 10 be granted 10
them for the present" The official journal contains
isrR -winded explanation Of the motives waich have
led 80 ths resoluton short abstract Of which may in
terest your rsader. 1t bsgns with saying tha. thess
institutions we're TO be esta 0l he'd according
pie By other nations for he If an
kinds OF Industrial eu,erprises toe nproying Of he
means Of Communication; ths construction Of roads,
csnai raj ways &C.; and that the capital or funds re-
quired for establishments could only be ound by
associations OF noneysd raised by pa
lie subscription II is admited that there is dili-
Guilty In dsposng or bonds, other bearing int
ies issued BY public offices, muocipal pora
tHps, for improvements building purposes such
favorable sn eye as shares emitted by Assccaons known
to be under careful management and under direcoa
"Ai these points and Advss tsgsso says the ofnaaa
statement Shave been taken into conss alton they
the monopoilg Influence of such powerful institutions
the money market 1t IL natural to that
wound nskeu of their enormous for purposes
of their own and tnat while assisting those prBes
which appear 70 them advantageous and worthy OF sup
pert they might refuse their operAtoa to OTHERS
less deserving OF It, but which for 0tbe-
they thisk proper to discourage Ssverai instances
then given Of tue beautiful ELECTS Of great bAnio og
power. regnirg paramount the money market aod
xhose interest," always coincide with the pu
god, after which the report proceeds foliows srt
just present time are arising wloa
make it more than advisable to rsuse at least
the moment the consent or government to Applications
for carrying out such jacs The aspect Of the
market reuders it PROBABLE that those crises
aching which agilate fhe commercial world and
t.rrupt the regular of monetary tranaAcins-
country frsnce), leading I, unn,easured Bpit OF
slecuia!ion has found its way into Germany and
have been drawn into vortex whole classes OF
society have been seized by IT. formerly sbsained
period IN which reaction Of this nature may -
shortly appreb nded does not warrant the g.
Ablishnen of institutions whi,h, iu the present
tied ate of tie money Market would only contribute
accelerate the crisis, by foo1ipg it with immeoss
amount Of newly Issued s.ock and thus giving fre.h
impetus 70 that spirit OF 00ota9e which Is sleadJ hurry
It must be acknowledged that without the intsr-
ference Of those powerful monetary institutions now
much vogue the amount of capital devoted to pnr-
poses Of general utility and especially to grea To-
d sT,erpases .hs nss Desn cont nuay on tne n
Up 10 fe4O only nineteen mil ions of thaers had hseu
laid out in the construction of railways 10 1850
bad increased to f64 mlions and In 1852 TO 2lS mil
hons other railroads building, ~ the cost Of
fifty four mio,s apd the capital requisite those
immediate ntem on which is calculated at CITY,
millions. will be forthcomipGwithout any difficulty
Since 1Sle joint stock companies for other purposs
ed and got into operation. win o.p.al Of ssht1.
three millions, including those established for mining
operations Nine insurance companies have sprung up
forty Millions and SIX joint stock lions foT srec
ing sptr ming ills have been started with capital Of
ten and half millions. New facilities will be given to
the spirit OF enterprise when the Bank Of Prussia shall
have been extended according the actual requirements
ct t. times aud when the smaller private banks which
about berg opened shall have commenced operations
Under these cicums anses government Of Opinion
and be this view shared BY many persons oora-
petent to form esmse the circumstances o
the casethsk the material interests of the country Win
not suffer projects for the formation Of large credit In
stiiuhC are indefinitely postponed at least adjourn
ed to period whom the state Of the money market shall
oier fewer appIehensions and the effects produced b
them in other countries he better ascetancd and
acted upon with greater safety.
Our st. Petersburg Correspondence.
ST. PETERSBURG, March "a, 1856.
Appearance Of the Cay-Hs Palaos, Churches and Pro-
maades-HtahA Of the People-Aode Of Lining Of hs
Inhdtitdnts-Fashon in Dress-7ne Royal Family at
7heal-e-An American Beauty Present--Lore tor IA
Emperor.
You ask me about St. Petersburg and my impressioAs
of Russia. will endeavor to write them, and you
with little chit chat To give you idea Of this mag
nhcent city, by comparison with any other would b
quite impossble built low marshy land on islands
laying at the mouth of the river seems hardly solid
and makes you think Of fine feet ready sail down the
Baltic Is rich in palaces churches and fine buildings
which, however, lose much Of their beauty being
such low ground; there points of visw and yoa
of fholr c;-a
them The streets very large, and many gsrds.s
swell the city to enormous size; this rencers Il
for every one to drive, and course matter what
distance In the city is Is cents. lady seldom waka
except BY way Of fashion, the Quay ia front of ths
winter palace There canals through the c&y
the east great side of admirable construotieu.
You may well suppose this city unhealthy IT'S low,
damp position and spongy, marshy soil.
Peter the Great the founder had only commercial IA
city In his mind, and possessing iron consttuoa,
i'll insalubrty of position did not enter his breast
Typhoid and low fevers very prevalent Of the
causes Of this IL the exceedingly atmosphere OF the
rooms, 1t being summer heat In the houses and 20 des
Reaunur and in the open air. In the corner of each
room Is white porcelain stone, called pech pronounced
peach this almost reaches the ceiling nearly feet wide
and quite Ornamental, would suspect It's being Q
stove; this Is heated every morning and small door
left open until all the wood Is reduced COAL and he
gas exhausted then closed and this Of brick
tans and gives out slowly heat for twenty four hours
The rooms are so warm that flowers bloom all winter in
the windows which doubled in al the houses One
OF the things which strucA the most entering oar
gentemany Minister'S charming salon. was the larre Oh
entail plants almost pressing the high ceiling ,hs
chanting little arbois over the SONS, made by trelis
work OF cane and each end Of sofa large bot con-
tsinirg creeping vne This made . complete summer
arbor and you could fancy yourself In midsumner To
lit with az lovely . person Madame de - the
renowned beauty whom met there chatting under such
lovely vine seeing such taper rose tipped fingers play
ing with the green leaves would turn the head uoh
think happy lover must rst have invented these arboc
sofas The passages entries starways all being hsatsL
to over 60 deg Fahrenheit there s little chance Of re-
newai Or fresh air IN the rooms consequently this want
OF vitality briggs about state OF system open 10 sttack0
OF low fevers The second window In put ia With pastar
and never opened but in window of room there IN
pane left to open at pleasure but this Ia often d.e
Until one becomes accustomed to this heat there 10 -
sense OF slocation and dzzinegs-ais rhdbifde fesl
tout.
The Russians dress lightly but usherns into tn,