New-York daily tribune., 1858-08-06
NEwyORK DAILY TRIBUNE FRIDAY, AUGUST 6, 1855

sti ruling, busiIess, Of course, Is depressed aud
s.sguated Tie fsrmers. ard they are the Con
trolling mass have too muoh land yet 10 pay Tor.
a-d necessarily spend as little az possible Tor any
thing else.
Debts are paid very slowly, aad new credits sre
give nvery spsrngly.
TIE semi annual statemsn. Of ou- Bank Coltro..
her has iust appeared. From this il appear, thst
the whole amount OF banking capital a. cur State
:. S7.l55,G1O Amount Of circulating notes,
"a 2S5, $50; specie On ha-d. 1888 6J1; stocks de-
positsd for security Of circulation, $3.50, 400:
roes and bonds of bankers filed tor security OF cir.
:. 'stion. s., OOO, 900.
Ut T,oro re 81 banks in the State, Of wEch Il
r.1e come ito ens tbs ys's T. Is. Iss whereabouts
mine Al the beginning OF iSe pressure. nst
Fail, cur bsuks entered into mutual as1eeu'u ~
receive each others bis This mas nau, Iae nVto
IS ersrv hank cnIrert But what Is to be tae his
tory,sf ,ome Of cur wild ca with from 5oVooo TO
$1,000 circulation, and the PIN oi .eue.GPa.oa -
be found only in the northern wilds, '"' 'e
mains to be seer.'
The work on our new Capitol h.s lately oeea re-
sumed. The ftrmer contractor refused to g. IN
after having laid the foundations ari carried H.
~alA Of ore wing some eight feet above ground. AT
tie same time strong effort was made to remore
the seat Of government to some other place. And
plan Of spectators would be successful. In this
emergency our citizens took the matter il hsad
bought off the old contractor, have relet tho con-
tract, and now the walls are going up rapidly
Yesterday was Commencement day at our state
Cniyersty For the first time respectfully lsrge
aud eDce was in attendance. To what extent this
was owirg to the fact that military company vas
conspicuous, forming the escort OF the lterati,
will not undertake to say. just now however. our
usually healthy city s the victim Of military fever.
II is quite pllor fever also, If reports Of the cost
are to be believed. But the disease is most viru-
lent, ard hardly any class are exempt from ito At
tack. Tie larger part Of the members of the Bar
have been seized BY it, and may be from day
TO day welding the musket instead Of the quill
HOres also are implicated as well as men. A call
wac lately made for the formation Of cavalry COM
pary. aud row we have regularly organized troop,
who contribute from time to time not little to the
anusement of the boys by their feats Of agility in
mounting and dismounting their fiery steeds of war;
This military fever is eminently contagious, 1t
makes all ages its victims and soldier is now
the word from the strpngs just out of their
mcthers arms to the men OF mature age aud highest
respectability. 1t is a little amusing 10 see grave
Police Justices, Judges of Probate, thrifty men of
business ard the solid men of the city leaving the
Ordinary business of life aud vieDg with each other
in the effort to carry certain weight of iron in the
shape Of musket or to keep step TO the brayng of
brazen instruments or the rattle of drum.
But let me turn from the military to mechanics.
One of our editorial fraternity has invented new
car. brake. 1t is operated by galyanie battery
attached to the engine of train. The battery is
connected by coils of insulated wire with double
helix placed above and near each truck. The ap-
proach Of one helix to another, which is instantly
effected by touch of the battery, causes the brakes
to grasp ever wheel upon the train. In the model
the invention works quite effectively. Whether on
the lsrge scale there will be found any insuperable
remains to be seen. OBSERVER.