The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-04-29

unwilling 10 lay themselves open Ia It's THIS
is especially the with the merchants and msnufctu
ers who in this country liable to be worried and badg
cred in thousand different ways by ONCE chicanery,
against which the laws afford protection, and which is
sometimes more harassing than absolute persecution 1t
there plenty of othcehoider in the First Cham
ber-old generals, Ministers OF State, &c--but the
grea, majority belong to the landed aristocracy,
whose wealth and station enable them TO
the bureaucracy at defiance, however susceptible they
may be the personal Influence Of the King Just now,
both Chambers have adjourned for the Easter holidays,
and during the not stone will be left un,urned to
bring the malconen, mobiles round to proper Of
their duty.
mentioned in my last that the proceeds OF the
imposed By government would be partly devoted to
the Prussan navy puny and scky plant which being
reared under great difficulties, and will take great deal
of nursing before comes 10 anything Previous the
revolution Of 1ss the whole naval force Of Prussia
sisted Of armed sloop called the Amazon, and couple
of gun boats and during the Schleswig Holsten
small Danish squadron suced TO blockade all the Prussan
ports and stop the navigation entirely. The loss suffered
eight million thaers and the national pride was deeply
mortified by state Of things which placed the
whole maritime trade OF Prussia at the mercy Of
even the most Insignificant foe. Unfortunately, such
enormous sums are swallowed up here by the army
that not much can be spared for other purposes and al
though decided that Prussia must have fleet coute
qui c0ts nothing done for several years except build
ing few steamers and purchasing some remnants Of the
embryo German navy which sold at auction aer the
breakdown Of "United Germany" II being considered
advantageous for the chief naval establishment 10 be
on The North Sea than the Baltic tract Of land
purchased 1853 Of the Duke Of 0denburg At the mouth
Of the river hide and the works necessary for construct
ing port and arsenal have been going on there ever since
with as much activity the slender means m the disposal
of government allow Of but IL is great question whether
the water deep enough to float toeraby large sized
ofwar and people acquainted with the locality OF opn
that all the money and labor expended on this under
taking thrown away. Another marine station is TO be
erected at edmund, on the island Of Rugen. AT the be-
ginning Of this year the naval force consisted of
gaes Of As and IS steam gate of IL guns and
400 horse power Uhe nanzg, whose unfortunate brush
with the kf pirates made much noise last summer)
ditto userviceabe soop Of Is guns brig Of
six three schooners thrysx gun boats and cutters,
the former of the latter of gun each This mighty
armada boasts two admiras three postcapains, five
manders, 80 heutenants Is ensigns 30 midshpmen Is
surgeons hospital assistants 70 engineers $40 seamen,
and 300 boys, not 10 mention the dockyard men and
marines. 1t is evident from the above list which Off
cia that the deficiency in men made for by super
abundance of officers, which accounts for the fact that
there than three four ships OF port
at the same time AT the present moment the only
changed against two russian gunboa and the schooner
Hela which cruise in the South Atlantic, and
last heard of from the river Plate
According TO the estimates voted by the Second Chamber
on Saturday the expenditure of the Naval Depart
ment VII! amount, in the ensuing year, to about
lers come under the Denomination of ..exraordnary
expenses being required for carrying the works just
alluded to. Two new screw corvetes-the Gazelle and
the Arcona-of % guns and 800 horse power each
now building and will be launched in the of this
summer. The nfant fleet the Prussians call il is
III
line, steam frigates sailing frigates L. schoon
&C. which would be amply sufficient not only TO pro-
tect the coast against the Danes but prevent them
from entering the Baltic but will be long time before
II aans such ambitious proportions If does The
ship building proceeds so slowly that half Of the vessels
will be rotten before the other half ready and if they
were, II would be difficult to man them. There lots
of officers doctors clerks pursers &C. but few sail
ors that Count Schwerin compared the navy man
with an large head and very slim egs-a smile
that gave great offence TO N. Manteufel, who. in
addition to his other Offices il also First Lord of
IN Innate arotad
and though Prussia will certainly be great naval
power she may at least have ships enough 10 protect her
trade and to defend her own shores.
The ushtness in the money market, which commenced
early last autumn continues undated and only
become chronic disease. Nearly ali kinds Of railway
shares AT discount and some Of them quite
saleabe There one line, the Ccsal 0derberg (Sesia)
whose shares were quoted about year SINCE at go
but which, in consequence Of msmanagemen pecuaton,
and losses Of all Sorts have fallen under So and
expected to down still lower Is there Is no prospect Of
dividend this year perhaps for several years
Other securities have experienced similar depreciation
Of the Joint stock banks have had to wind
up business and is to be feared that not many Of these
institutions will survive the general crash The conse
quences Of the speculative mania that began to
rage immediaiey after the peace, are becoming daily
more apparent, and the unfortunate dupes who were
led away. by the delusive promises Of gain held
themselves ruined. OF this state Of affairs
unfavorably the more legitimate branches OF trade;
only government securities remain unaffected many peo
pie prcferrng 10 invest their earnings in the funds which
paw q regular though not high rate OF interest, while
those VINO trust their money o the DubDe companies that
have lately sprung up have often 70 whistle for their
capital.
Under these circumstances il Is not to be wondered
that emigration. which had suffered check for the last
year two. IL again the increase Numerous families,
worthy farmers from the provinces Of Pomerania, Posn,
&c, passed through this city few days since, on their
way America party OF 700 individuals proceeded to
Hamburg where they are 10 embark for New York; a
second numbering abou, 200 persons took the Potsdan
Magdeburg railroad 10 Bremen Nearly all these fami
lies have got relatives settled in the United States who
have invited them follow their example, and join
them their homes. According the statements Of
these emgran many OF the inhabitants OF the provinces
lust mentioned preparing 70 the Atlantic this
season, and others are expected 10 follow them from
s3osn-
Railway Incidents I'm England md the United