New-York daily tribune., 1858-12-01
TRON PHILADELPHIA.
-REPUDIhTION AT PIrT>BrEGii-i CLOUD OF
COAL-DUST-MONEy AND BUSINESS.


CoAL-DUsT-MONEy AND BUSINESS.
From Our Own Correspondent
.PHLADELPHIA, Nov. %, 1858.
Such political dislocatious as the last two years
have produced, have naturally extended to and en
braced the newspaper press that being, in our
tue ss much power in the State as the Admin
israiion Itself. The necessity for reconstruction
which brought about the recent combination at
Washington has become apparent here. The true
issues for 1860 are either 50 indefinite, or 80 pro-
foundly my.tlfed by the Sham De nocracy, that
they hud it necessary to begin anew. The battles
of the last campaign have covered the field with
brol en- wrecks of billed aud wounded, with some
missing: and the field on which oil future bat
ties are to be- fought remains the same, il must be
cleared Of the melancholy debris before the next
encounter comes. What @as once the Presidents
organ here, Tie PnuSyiranidn, is to he so no
longer. In fact, be has been disguscd with il for
u long time, and now repudates it entirely. II is
nOw for sale, and new organization, whose init.
atye is at Washington, is in treaty 10 buy 1t ont
End make il the oracle for ceen worse heresie-
than it has heretofore upheld. But the price asked
for it prevents purchase, and so a new Admins
traton organ is to be- established among u.s. whose
object will be to aid in compelling Congress to en-
net Slave Code for forcing the institution into the
Territories. This move will divert the rich Gov
crnuent patronage into a new channel and as that
alone added to the municipal patronage, has kept
the old concern alive, IL must rapidly die out. The
late oyerturning In the City Government has
stIiIped II of rich revenue, und when mat from
Washington shall have been withdrawn, the brains
" III be out aud the man must die; for 1t u n GU
rious fact that this city has never been able To sup
poIt Democratic newspaper without the rich sop
of Government patronage In some substantial form
In this new crusade Capt. Bob Tyler and Senator
Blqler are 10 be- prominent The former Is the
Presidents right hand man, and year ago dld up
most of the editorials Tor Inc PenhsyraataR.
As it il well known he is not a millionaire, the
presumption is shat while he contributes the brains,
the Precedent and Mr. Biger Will furnish the
money. the litter being known to have more money
than vii. Strangely enough this hopeless enter
prise thinks il can succeed because Colonel FOrney
has made so decided peeunlary Int III the same
line You thus discover new evidence that fresh
sectional agitation is to he set aioat by the slave
Power this Winter. Like all former agltatlons OF
the Slavery question, this also comes, mol from tne
North. but from the South. But at this writing we
have happily become veterans at resistance, and are
lot going to quit the field until we have become
yictors. The day for drawn battles has gone by. IL
NAV be amiable oVer the chess-board, but here 1t
would be Infamous
The Director of the Mint proposes TO establish
new paper currency based on the deposits IN that m
sttutiun; and has prepared bill tot that elect, "Dch
he intends To lay before Congress. Ii authorizes
the Mint to issue certificates on the deposit OF gold
bullion and Of similar certificates by the Mint; and
all The Sub TTrasurers, on deposits OF gold con-
Thes. certificates are 10 b. redeemed only at the
Offices which issued them, the theory ct the pro-
cess being that the gold deposited VIII always be
kent on hand to meet the certificates when pre-
scented for payment. The Director claims that IL
will greatly increase the security OF spece-o"ners
over that afforded by the banks that Il VIII chech
the practice of hoardmg; that The cerilhc4tes VIII
become currency as much as the gold ltsei; thdl
huge pile of coin thus stored away VIII serve "a
great balance. .heel Ia prevent commrrclll dis
,u Dances in times of panic or crlsl-; that the Us
of certificates will prevent the loss b! wear cAP-
Ming or sweating: that the retaining OF Govern
mrnt bullion fund at the Mint would no longer De-
necessary; that being based on deposits, no over
issue of certificates could be made, and that, IKE
bank notes they should be made payable 20 bearer
an demand. and circulate exactly as they do. Sen
ator Gwin is quite interested IN the enactment "i
such law But II seems almost ldentcal win the
Bullion Bsi K projected in New-iork, with the sin-
Gle exception that depoSitors pay hothhe LOT lHe
saic keeping OF their coin.
Aleghcn. County Bonds consnue to ad'ance III
price m the face of repudiation which all Pittsburgh
49,, ms to threaten One of the papers OF tha' clly
seen to intimate the basest motives 10 account Tor
the Supreme Court deciding in favor oi the oord-
holders The attempt 10 carry out the mandate oi
the law viii be resisted by force. and no Tax sha.i
be levied to pay either principal or interest NeI
here is a new Whisky InsurreceOn, ln'ohlhg per
haps the same means 10 crush lis INFAMOUS asPa'
tious. But the United States District Court ai'o
sitting a, Pittsburgh, has made decision inVoFiug
the same points as those which Allegheny rePu-
didates. One MCoy sued the County OF WASH
inoton for sixty coupons of $50 each, on as many
bonds issued by that County 10 the hcmPhed hali-
rosd COMPANY All sorts of twopenny qulooles
were SCI up by the yirtuOus debtor u escape thc
.orseouencrs of his own act. But Judge Grlrr
scattered them 70 the wind anc directed the jury
th,, if they believed the testimony offered uy
N'Coy he ought 70 have q verdict, ana the verdict
b.. co; for : go 20, which includes interest Now
there is no appeal from this a' no actioa LOT PES
sum than 81 600 can come before the nl'ed STAGES
Smnrrme Court. Here are two decisions over
vbrlningly adverse to the repudlaiors. argued ana
,nsdn in The very hotbcd of reputation, without
nroduciuc any symptom Of submission' ne ou'eF'
If ALLEGHENY Bonds will have good tne "al5ioS
for their interest, and the taxpayers oi 'He
| Corporations a good one in paying II.
There il decided mbrogiO between 'he puohc
and the retail coaldcalers. The public has lons
susprcted il was shaneiully cheated III the wrsN'
of coal delivered for tun. IL discomfort hsS Oeeh
! hoard in ,uutt.rrd rrumblings through the pres''