The Tiffin tribune. [volume] (Tiffin, Ohio) 1848-1859, 1857-07-17
Nrw YoaK, july 2d, ISL.

NEw YoBR, July 2d, 1857.
Editor of Tribune;--A few facts may
not be uniutoresiing, to your readers, As
illustrating the magnitude Of this city.
There are $4,000 day or ss,i3o. 900 a
year paid in cash TO 900 cartmea, many
Of whom are independent livers aud up
on this business alone, not less than 5O,-
900 persons rely for daily bread. ON.
nibusses and cars 6ll the great streets, and
carry every day $4,000 persons who
pay so,5oo a day, OF s2,Gj0OeO year
Tor their "rides."
Wall Street is wonder. There ono
sees nothing but linen and money!" and
hears nothing but "falk" as to the value
Of stocks. and the rate Of dividends. Il
is mam'aon's open court, wherein Gold and
Silver are worshipped, with a supreme
devotion. The daily payments, by banks
connected with the Clearing House, average
500, 1000, 600. and by Bankers outside Of
that Institution, at least S1,O0O,0o
making total of $50, 900. 600 a day or
81 56o, 900, 100 year. Tho interest up
on bonds and stock dividends paid here
on the FIRST day Of this month amounted
10 S8,GOo,o0O. The average deposit
with forty-two banks Of issue is Si0s,-
600, 900, whilst banks and Insurance COM
panies hold about $50, 900, 900 Of depos-
its. Hero is sI4O,OOO,ooO of surplus
cash. Such is Wall street whoreon lots
are worth $4,000 front foot.
And there is the shipping. presenting
a forest Of masts, at least six miles in OK
tent. Here floats the flag Of every nation,
over $4,000 seamen,
"whoso homes are on the rolling deep"
Within the past year. six hundred and
forty ships. freighted with humanity,
have landed 5000 souls in New York.
These embrace only regular omigrant
ships, all Of whose passengers pass
through Castle Gardens. People sufIi-
cient 10 populate two states,
Among ship load, landed yesterday
were a number Of highly o~l'iv"sod Cor
mans, a few Of whom had 100000
each. Europe is not only giving up her
sons and daughters, but her treasures, to
aid in erecting here, a great populous en-
pire, the magnitude and splendor Of
which will eclipse all others. But di-
Igress.
A million of people now dwell here in
range of cannon shot, and that number
will be doubled in twenty years. This is
the portal to America. Here comes the
commerce of every sea. From here goes
forth whole navies, laden with our pro-
ducts, to traffic with all the nations,
Then look at the great inter-contiuenta
commerce, that centers here, and which
is so rapidly augmentingl Every Rail
road points TO New York. Every line is
presented, as aiording the best 4oUte here.
This inland commerce, is unlike that Of
the early ages, when caravans, like worms
crept through arid wastes, scattering the
culture and fabucs Of Greece, or bearing
the hardy adventurers Of Tyre and Car
thage, to the North and west of Europe,
1t is mighty power controlling the ele-
ments, aud employing the heated light
nings. 1t has sent its messengers to every
village, across rivers and through rock
ribbedmountains, to gatherin the products
Of a continent, to this great market OF
demand and supply, When to thirty -one
states, thirty-one moro shall be added
when to our population of 10000. 900
twice that number shall be added-whe1
: to our 10000 miles of railroads 10000
more shall be added, concentrating here
the commerce and financial wealth Of oul
extended territory; then and NOT unit
then, will New York approximate its ul
innate destiny in population and impor
tance Its "glOry has but dawned"
/ EEw YoRK July Sd, 1857.
Edilor of frr;huna. I r,y;ll ,,,,;to It,.