The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-01-27
Of News.

Il il estimated that the recent crisis has DESTROYED in
the United States. one thousand million dollars of spec
ulative values in other words that amount of supposed
property six months ago, has passed away--vanished
into thin air.
The mercantile features alone represent one thousand
millions of liabilities, sustained by only one quarter Of
that amount Of assets. TO this sum be added, and for
the depreciation Of railroad stocks and bonds, three
hundred millions.
The assets Of American bankrupts equal forty eight
cents on the dollar Of British bankrupts twenty cents,
and European bankrupts twenty cents, showing that
American insolvents, after all have not plunged in 80
rceklcssly or deeply. or dishonesty, as their brethren
on the other side Of the Atlantic.
The Central American Emigration Company has or
ganized in Washington. A New York capitalist has
been chosen President. They expect to send %emigrants
to Central America within the year, to found two sub
stantial seaporjs at either extremity Of the Nicaraguan
route, ond to put them into profitable relations with the
agricultural Interests Of the interior.
In relation to the surrender of Sol Anderson, who
had the command of the fllibusters after the capture OF
Gen. Walker, it is stated that Commodore Paulding
sent several armed boats up the river to Fort Castillo,
and commanded And rson to surrender. While nego-
tiations were in progress Anderson sunk one of the
Lake steamers i'll thirty five fathoms Of water, and be-
fore surrcndcring blew up the fort and destroyed all of
his ammunition.
Judge Goodloe, of Lexington, KY, delivered an i'm
portant decision lately, affecting the right of naturalized
citizens, the point Of which was, that all foreigners,
whose naturalization papers had not been issued by the
United States Courts, were not entitled to vote. The
case was carried to the Court Of Appeals.
Prof. Hedrick, who was driven from the North Caro-
lima University for his support of Col Fremont, has
received the appointment Of third clerk in Mayor Tier.
man S Office.
The Secretary Of War is understood to have been
very busy of late with the consummation Of preparations
to reinforce the army in Utah at the earliest possible
moment after the spring shall have opened.
Commodore Hiram Paulding comes honestly by his
skill IN arresting unlawful expeditions. His father was
that celebrated John Paulding, the Peekskill farmer,
who was one Of the three captors Of Major Andre
Hiram was born in Westchester county, and early in
life entered the Navy. where he has gradually worked
his way up through the grades Of Midshipman, Lieu
tenant, Commander and Captain.
In the neiglborhocl Of Geneveva, Freeborn County,
there have lately been a number Of cases Of small pox
ending fatally in TWO instances.
The present Shah Of Persia who is a great patron o.
Oriental c~aligraphy and water-colors, is engaged on the
execution of a work, unique in its kind. Iii a copy Of
the Arabian Nights Entertainments, written in the MOST
gorgeous style of Oriental caligraphy, to which are
added some tales, wanting in the original. A society
Of native painters have also been engaged on this work,
for the last seven years, at Teheran, the cost of which
amounts already to 300 900 francs.