The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-11-20

much careful personal observation at the point of
settlement, and that it has been carefully matured.
Our present relations with China, which obtains
from the Malay and Papuan islands the greater
portion of the staples employed in her arts and
manufactures, render the establishment of a free
entrepot in the eastern portion of the Malay Archi
pelagO, under American auspices, and to become
in measure an American Singapore, event of
signal Importance to our Eastern and Pacific COM
merce.-Jornat of Commerce.
THE PROPOSED STEAMSHIP RoUrE.-The PROJECT
advanced by correspondent of the New York
Courier and Enquirer, of line of propellers of 1000
tons, and 400 horse power each, between New York
and Genoa touching at the Azores, CadiZ, Gibral-
tar, Malaga, Barcelona, and Marseilles has already
been noticed. The following statement of the plan
and its advantages is taken from the Boston Adusr-
tiser:
The advantages for travellers of the proposed line
over the circuitous route through the icebergs,
shoals, tOgs and gales of a passage to Liverpool,
and through England and France are manifest as
far as the pleasure of the thing is concerned. The
line offers smooth sea- picturesque views, scenes
OF historical interest and arrival at the port of
destination in eleven to sixteen days, without the
vexatious delays and exorbitant charges which are
encountered by the old route between the two ter
mini. Genoa is nearer to Bavaria, Wurtemburg
and Austria than any Atlantic port, and is only
few hours from Switzerland, Northern Italy, vi
emma, Berlin, Venice and other places visited by
| travellers. Passengers for South America would
shorten their voyage by one-haIf by embarking in
the steamers of this line for Cadiz, where
they will connect with the British mail steam
ers for Rio Janeiro and River La Plata. At
Gibraltar, passengers for China, India, Egypt,
and other parts OF Asia and Africa, would
connect with the Oriental Mail steamships, and at
Genoa this line will connect with the Russian Steam
Navigation Company, for Greece, Constantinople,
and ports on the Black Sea. But it is in reference
to the facilities afforded to the commerce of Italy,
Switzerland, Central and Southern Germany and
France, that this line presents peculiar advantages.
Freight would be furnished to the line at the ports
n Genoa .Ep md mt ard
freights would consist OF naval stores for SpezZa,
our naval station in the Mediterranean, and cotton,
-four &C., for all the above ports. The transporta-
tion of the mails would also furnish considerable
revenue. At Cadz, the steamers OF this line rro-
pose to connect with the English mail steamers for
Rio Janciro; at Gibraltar and Marsees they in
tercept the Oriental mail steamships for Egypt,
China India and Japan; and at Genoa they connect
with the Odessa Navigation Company steamers for
Greece, COnstantinoPIe, and ports the Black
Sea. This line IS, besides, the most direct postal
route to Spain Portugal, the Azores, Italy, Swift
zerland, and Southern Germany. Contracts could
doubtless be made with the United States Govern
mcnt for the transportation of the mails for all the
above places A subsidy Of S50,G00 per annum, it
Is expected, would be granted to the Company by
the King of Sardinia, who is fully alive to the i'm
portance of the undertaking, and is willing to grant
any reasonable request TO secure the Of the
project.
The plan proposed is the formation of company
with capital Of 100000, divided into 1000 shares
of $500 each. The two steam rs required are est-
mated to cost $40 0O0, leaving $6O.G00 as a work
ing capital with which TO start the line The month
ly expenses for each vessel estimated at S7,720
or S92, $40 per annum. Adding proper per cent
age for wear and tear, interest and insurance, the
total estimated annual expenditure for each steam
cr is Sl49,6i0. The estimated yearly receipts for
each steamer are from freight S4S, 900, and from
passengers Si66,SOO, total S2l4,S00 Deducting the
yearly expenditure, there remains S65 lGO, or 80
per cent on the capital, showing that the passenger
business alone would more than support the line
statement lp1Vns m n tbn fha
sengers and freight which could be carried between
the intermediate ports, and which would add to the
receipts, and also the sums which would be received
from the United States and Spanish governments for
postage Taking only two-thirds of the estimated
receipts, which have been placed below what could
naturally be expected there still remains a sun
sufficient to pay per cent. to the stockholders;
this too, without reckoning upon the subsidies to
be granted by the Sandman government, amount.
ing to l212 per cent on the capital.
The distance from New York to Cadiz, via
Azores, is 5000 miles; Cadiz to Gibraltar, 81
miles Gibraltar to Malaga, 62 miles; Malaga to
Barcelona, 4S0 miles; Barcelona to Marseilles, ISO
miles; Marseilles to Genoa, 200 miles, Total, 9,975
miles
This plan certainly deserves the consideration of
capitalists. 1t is not meet that America should
give up the business of steam transportation of our
own merchandise to other nations.
There are two Emperors of Japan-one the spir-
itual the other the working one. The former lives
Miaco and is the descendant of the old race who
were turned Oft the throne by the ancestors of the
reigning Emperor The spiritual Emperor has
nothing to do with governing the country, and is
partly looked up to as a heavenly being, condi-
ton of which is that everything he wears or uses is
destroyed each night, and new clothes supplied the
next morning. 1t is to prevent any one using the
sanctifed garments. The reigning Emperor is
elected by the Princes 1t appears a mere nominal
election, for the regularly succeeds the father
and has done so since his ancestor usurped the
throne.
The descent of the spiritual Emperor can be
traced, names and dates, with many of the branch
of his family, for $500 years. The country is
held by princes, who owe teuda duty to the reign
ing Emperor, who o6liges them to reside for six
months in the year at JeddO, with their families;
during the other six months he allows them to visit
their estates, but keeps their families hostages in
Jeddo. This restrains them, and the prac ice is in
tended to prevent the princes from obtaining too
much influence the people. 1t is difficult to
discover what the military system Of the empire is
but that it must have the power of bringing an i'm
mense number of men into the field is beyond
doubt, They have numerous and well-appointed
batteries.
The new hermaphrodite brig Nankin, of Boston,
252 tons, is the first iron seagoing vessel built in
that vicinity. Upon deck she has a new paddle
wheel steamer, Of twenty tons, named the Alpha
and intended for exploring the bays and creeks of
the Rio de la Plata. The steamer with all her
stores on board will draw only eighteen inches of
water.
The Newark IN. j. Daily JIsrcarv saws:
The President has appointed VIM. B. Rankin, Of
Philadelphia to the Registership of the Land Office
at Olympia Washington Territory. He is the
President of the Keystone Cuban association
somewhat similar to the Empire Club of Capt
Rynders- made up of bruisers and strikers and
b,hoys and besides being doubtful character
himself, he Is entirely destitute Of the quaifca-
tons requisite for the faithful discharge of the
official trust which has been committed to his
hands. Some of the Democratic papers speak OF
the selection as the most disgraceful that could
have been made.
A Dubuque paper says that ball was recently
given by the employees of hotel in that city, to
which a certain young girl was invited whom the
other girls of the house bedecked for the occasion;
that at this ball beau became cnamored Of her,
and danced with her during the entire evening"
that the ball breaking up at rather late hour, she
was invited to sleep with her working COMPANIONS
in the hotel she having been in the habit of return
ing home to her mother every evening after her la
bors ended; that she complied with the invita-
ton, and slept with two of the girls all night, and
that in the morning the Young Girl was found to be
boy! From subsequent inquiries, it was ascer-
tanned that the mother had suggested this costume
to her son for the purpose OF enabling MN TO get
employment, which he was unable 10 do when wear
ing the biiurcated costume
\ gentleman named Fanshaw, residing in Sara
t0ga county, New York offered to allow one SAN
derson to burn down his COW houselt Judge Parker
failed to ret 900 majority for Governor. Mr..
Sanderson won the privilege oil touching OIL the COW
house. and cow house was burnt to the ground. In
burpinr the COW house, Mr.. Sandersou also burnt
two cows, worth 800. Mr. Fanshaw admits that
his friend had perfect right to burn the house, but
not the cattle For doing this latter Fanshaw has
commenced suit against Sanderson.
negro boy belonging to Miss Sledge, near Hall
fax C. H., N c., cut his throat the other dav in
corn house. He made noise, and it was not dis
covered until half an hour afterward, when he was
found weltering in his blood which bad then nearly
ceased to flow. When questioned how he did it, be
said if he died then he should go to heaven but if
he lived to get grown he should not Some one
had, perhaps, told him this
A man named Whitney, jewelry pedlar, recently
gave sort of promenade concert entertainment at
Huntington Hall, Lowell, Mass. expending S40O in
preparation, and receiving only about So Not
discouraged he announced a still more extensive
concert, when his lofty ideas cut short by his
arrest an insane man. He was sent to the asylum
at Worcester.
On Friday, 18th inst, child was born on the
passenger train from Davenport, Iowa, to Iowa
city collection was taken up for the benefit of
the mother and Sl4 was cOllectad -