New-York daily tribune., 1858-02-17

,o,ipg che Virginia Know No,h.ogs in tand aud
tbro,iibg tie Order outright. For a.
,he,e signal belps old Bucb shove ID
sie,s Of being as grateful as lie ought 10
be. and hence the Governor has Il very hard 70" to
hoe Notwithstanding IT, hardness, he continues
not only 90 hoe, but even to harrow old Buck, bnt
without convincing him. The facie old man is the
victim Vi a systematic demonstration made by
Hunter Toombs, Mason, JEFF. DAVIS, and men of
kindred objects, upon his creduhty. Ibey nave
d ade him believe that If Lecompt0n i defeated
they will dissolve the tnlOn my dissolve the
Union let this weak old man believes them. and
under the operation Of this childish fear sfuTne
the measure through in hOpe- of thus saSlnr the
I-pion. Gov. Wise on the other hand who fere
sees that LecomptOn whipped in will end IN cTil
war. ard that civil war, iOmented by the Back
Pr0papanda will end either IN dlsunlOn or IN the
utter overthrow of Slavery. IL be-eeching Mr..
Buchanan to bansh his fears and be just. But 80
far in ya for be is welded to the hre-eaters BODY
and soul. Meantime Mr. Wise denounces the Lee
cnIu,ton fraud without stint, and is scattering
printed copies of his denmcations by hundreds Of
fbousapds all over the South. In answer 10 this
courageous appesl he is overwhelmed with letters
from Southern men sympatblZng win nm in ms
ilnpetuous ard chlvslrc demand that justice shan
b. done to Kansas and yOwlDg to sustain him ID
his demand. Governor Wise is immOvable IN his
determination to do what be can 10 MAINTAIN the
Union. This mbroglio will yet break out into an
open quarrel either before or after the fate OF Le-
compton is decided. The great swindls will be the
death Of many Loco FocO drones who now ill seats
IN Congress, vote TO order aud pocket their pay
Mr. Florence Of this city, as dOgged tOad! 10
power o. ever lived, and az bitter Loc0-f0co, Is
doomed beyond all hope. This city henceiorth VII
spew him out. So with hs COLLEAGUES Dir. fhHHps
new member though be be, his fate also IS sealed
l'oIl olo Law of
doupb.fa on the shelf. The Democracy here is
waking up not only to the astOnshment, bat to the
oy Of the nation; and if cannot do as glOrOlsly
az in the days of Clay and Adams, we can at least
redeem our city from the dominion OF the corrupt
cabal under whose rule she has been shorn OF her
character and strength.
Our money market presents, as usual variety
of contradictions You cannot sell good mortgage
under 10 per cent discount, nor can you borrow
money readily with mortgages as collateral. Not
because these securities doubtful but because the
habits Of all who deal in money seem to have un-
dergone change. They prefera movable security,
a railroad or corporation bond, or bank stock
something that will circulate from hand to hand
more readily than mortgage, and less hampered
by legal iormaies. The city is so full of these as
to throw mortgages into the background. Then
the rates for money are various as the channels
in which different parties operate You may lend
money in some quarters where you cannot get over
per cent, while there are Others III which you may
lend any amount of frst-class securities at IL.
The railroads and coal companies which have float
ing debts, or unfinished works which must be COM
petcd are borrowing at the latter figure Pet money
is unQuestioDably abundant, especially at bank,
where more tirst-class paper would be discounted
if more of il were made. Some Of our country
banks, however, are already staggering under the
load cast upon them by the sudden resumption
here. Congress having made silver a legal tender
enfS - = l.Asa nj hp baDks
are taking advantage of this, and cloggng the re-
demptiOn Of their notes with an interpolation Of
their own. They contend that a demand for re-
ds mption is not legal unless made on each note
is. man with hundred five
dollar bills cannot assume that they represent
$500 and SO call for gold but that he must make
0 hundred separate demands for 50 each, where
upon the change is counted out in 6ddeVs' money,
thus consuming large amount of time 10 convert
a small amount Of notes This qubbine Is OF
course mere trick to tire out applicants aud drive
them of. But it is an evidence of weakness, ndl-
eating inability to pay. This is what l fore
shsdowed some weeks ago, and shall be disap-
pointcd if this inability is not shown more decdedy
AS soon as the Legislature repeals the obligation the
banks now rest under of taking each others notes
Our Senate has passed long bill infcting two
Years Imprisonment ON any bank officer who steals
one two or three millions of dollars, or in lieu oi
imprisonment, then u fine OF $l,oOO! Ih's IL
notable apportlon,ng Of punishment. Two years
for stealing a million, and beggaring hundred
Mmiicsl What a farce modern legislation has be-
come Mcagcr as il is, what pity that this law was
not in force before the Bank of Pcnnsy ylvanla was
rubbed. That uohlc old institution gocs into AS
sisnmcn, this week. to pay it's debts from IT'S assets
IL IL can aud II not then by the sale ot liza charter
for which the State received a bonus of So, o,0Oo
aud Il not IN that way then 10 he utterly cx,in.
pushcd lou eau hardly imagine moro complete
wreck than this, Nobody wants the stock, either
e. buy or 10 sell, and IL Will now drop cutlrly ont
ui sight like the lutcd States Bank.
4 novclt, Of tho times is observable in the cond
iou ot all the great railroads radaiiug irom this city
" h,c many reads in other sections Of the Union
show diminished receipts during the Winter, aud
indeed ever since the psnic, nearly all our roads
have fonnd their Incomes increasing. Take the
rcuus, kaua line hence 10 pittsburgh as an illustra
tou. The receipts Tor last month were Sai,, 'Si
hciug <Sl .hoS morc than IN January, 1857 This
unc Nrccted gain in The dead ot Winter has been
promoted by the cXtrmc mlldncss ot the season
which has also csscucd tho running cNpcnscs
Added a. this surplus aud saving, thcrc is another
very large item made up nom n general reduction
oi expenses. The same system Of cconom, has
been prsc,iccd On the North rcuns,ysus Road
which is flushed only to ITS intersection with the
lchieh Valley. On this r~d the receipts for Jan.
uar, are % pcr cent more than for January, ISL.
Other companies that nigh, be named have usigu.
rated = new system in relation "a expenses. The
Camden and Amho, Company hSs gone Into =
thnN,ush and Wholesale oycrhaulmg oi conductors.
agents and dead.hesis. IL is said that great lsti.
tndc wss njulgcd IN BY these thpc mportan,
classes onc ot tho results being that the dead head
class frurshcd and expanded to an extent unknown
on amy other VUtN The information cut "a an
arm, M ,hcm withou, ceremony. sud the rcsult is
sad "a he a saving OF $l0tO0 month. This com.
pauy has small aeStius debt contracted m furnish.
ing rhus sioCk Tor lie affiliated rasds and high
dividends must net he lcchc for until ih's debt is
-.