The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-08-07
FROM OUR OWN cORREsPO NDENT.
NEW YonK, August 5th, 1855


All subjects of discussion, whether social, political
religious, have been completely dsregarded to-day since
the receipt OF Mr. Fields telegram from Trinity Bay
nouncng the arrival of the Niagara, and that the tele
graphic cable has been successfully laid" The
took the community completely by surprise and though
everybody seemed rejoced, and the sanguine
evnced their joy by shouting and clappng of hands,
the cautious wished that Mr. Field had been
explicit to the whereabouts of the Agamemnsn since
be must have known all about her, the electrical
signals constant and perfect All sorts of rnmors
circulated by the croakers "A dodge to run up
the stock and get out Of the mess " heatless hoax
&c. &c. expressions heard at every street corner
and whether we have to acknowledge ourselves sold
rejoice the greatest triumph which the genius of
man has ever achieved is question which time alone
decide Up to this hour, 8 p m, nothing further
has been heard 1t is sincerely to be hoped that the tel
egam true and that the cable has been successfully
laid {"
The victory in Missouri has caused quite panic in
the ranks of the republicans and know-nothngs The
first gun of the campaign has been well shottcd,
aimed and fred and has caused such havoc among the
enemy that they evidently remblc lest the rest OF
park of artillery may annihilate them utterly. The
Tribune the defeat of +. p Blair, jr., with
deep regret - attributes the disaster the fact that St
Louis is the ocus of the vast and lucrative army contracts
for the Utah and other army service in the Vest
that, doubtless the public money poured out like
water to defeat Blair and after close alithmetica
calculations to provo Bairs popularity although he is
defeated to show how he struck terror into the cotton
region, and made the national democracy shudder, 1t
pats the crest fallen emancipationist the back and
cheers him with the that he may have ''better
luck next time, and that his compulsory leisure will
give him clearer and deeper knowledge of the dark
power whose hostility he has provoked Cheer up, f. p
Blair jr The Tribune tells you that st Louis will yet
proudly claim you as her representative !"
The conviction of Stephen H. Branch of having utter
ed malicious bels against Mayor Wenann, Mr.. Draper
and Mr. Isaac Bell r and his sentence to the peniten
tary for year. and fine Of $3.50, have given general
satisfaction to the community. 1t is to be hoped that
eyemplary punishment this vile calumnatOr
have the wholesome effect of deteng his imators from
the further pursuit of his base course, and proving to
them that character position and domestic peace
not be assaed with mpunity by every slanderer who
may desire to levy black mall vent his malice crafty
revenge. understand that the convict Branch
moved to-day to the penitentiy and that, clothed in
the prison garb he Immediately put to hard labor
twelve months of which, it is to be hoped will make
him wiser and better man.
The Gcrrit Smith convention, though not remarkable
for the dignity unanmity Of the proceedings result
ed in the nomination of that gentleman the abolition
aud temperance candidate for governor The republ-
cans of the Seward and Greeley school, who did not like
the Gerrt Smith movement affect to ohpooh the pro-
cecdngs and assert that Mr. Smith will not accept the
nomination. But the wish is evidently father to the
thought There is good reason to believe that Mr.,
Smith has not many and enthusiastic supporters
that he will refuse to take the field at their suggestion
Why should he not
The money market is quite unchanged in its duness
The banks ready to pipe, but will dance and
81 per cent is not sufficiently low rate of in
tercst to tempt borrowers to take the vile dross .
The foreign exchange market has not yet opened and
rates nomnaly unchanged At the first board stocks
more active at lower prices Reading the lead
ing 90 fancy and 900 shares sold, closing at AZ
against 491 yesterday New York Central and Erie
heavy at decline of for the former and for the lat
| ter. Panama went down to liz.
At the second board there reaction and part oil
the morning decline recovered The market closed
buoyantly at the following prices;