New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-11-23

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es, .s -.o 70 - .ssay ,ab. vhsA h.s, .s..
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5i -. NJ on ,..ssios h. ben s apes ne ~
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w sss a1H sss o. ss..sls a. sss s-ias Tsrs:
The present O the sszl sssgree b rs
IT, vr~~-us worth tx sa1zA prenai is....'
rr Nei-on's result es,s "a "a.
TIE Issssri ~orth q iee sun. s.-g-s - az 7sBs
.RsTr-Tsbls b. ooni.ns aet.isd comparison o. 49,
%i Is rsis q pr ees, haT. OO.sned the f''-ins
rElreL ca 10 a.
IE~ rr-s~ni rorih q the .Eas. P-esis.as 80
Th Iz;sT rrs- nearly St7p ss,isr is &c sosisy
s r. .ssse.l,s 81 ss.sr. woohoG.- nd S-ison Il
not he ns'h@rs'risr 20 ee.de seEe~s ne rs r.,
aa.i ofthen place he soety far shove al reAeons sPP
r. 49,. csrurris-ies-s have arrived 81 sayee
ooneg,iss bih -ahosi T. g-sas .; sss-,;y mas, y =
60 S.sassns II .snce. TIE ua8Euisee issis7a.ions
sFa., respectable Institution ana bonored 7sn AZ noee
GREETED 10, VII Eot eo1neni u!on ,seLa - - -,
ih nsrer srIor q ihi. rsF,Ii ~ ss s' 49, ne nee -
Corsssrert' eFsts o. ySgi Pop1 ~ "a q 49, 80
havr been ably and ,Eoroussy cse1se1 y ny Asoa
80. tss coassr.ion q ihs mob 10 Which ibe
have eses -h To reot q yosr sesssJ 90
Is sEsf propessa re5onrtica q yozr oa.ae
So, - r.. v-.s Tsls q yoas ssiii-- On
accou; 81 iAr assured there admitted % oe coie
TO- 1 non vslrsbi- becas- 4 I. sain.ec'iona
80 r. rip.. ii wear ccnputziior. soend Il = radi
80. inonsnf E;a ;he estin:s Of TIE mex value o. year
u. a /. zsen 81 Commissioner Pzes and Sli1h
ihsy have uuJzy EsePsed thronEHeut TIER sea a.
proper q TIE Phrase the real sad scta
value q ycur I1itcis-
there no FOR opinion n this matter; y ~
sps case sos the sppestion q c. zsihezsreai Paees
Inc Of value siop,ed oy ire on TIE th
PAGE IL ideal and kcgns and must yield 70 the actual ses -
hsy sre embodied IL the rePorts Of la-o. IN aioP
yosr Comnooers have sutisfe1 70 th~ oef o.
b ID tb-s sso3 the contradiction 81
~hich would involve them By the adrc INTRO
otoo Of IN additional fscy. Thy have assumed The present.
n n
n Il Sesr. and lave p, the whole burden Of ,a elPen-e
policies The mere stserleut % tns unHH
ned procedure should be Is cert ain condemnation
~. ioa Ct dollars. IN sS-on 20 TIE san REQUIRED 20
net robsoe lOsses and II addition 70 the paid Up capita
of9 h. acrtet -xpe-s q ccec.icg the annual pre-
us and usyn- the isrulas;es risks u scout nse NIL
efns in.urscet The COMMISSIONER c4not
Intend his strange Proportion. Il nnss BE- raor,en1x9 eA-e
would Fisdy u1derfate the Noc ca
u ,uc transaction foT oac-lorth Ok his Tea IS
tov-vr lees than the actually reserved By yoGr Society
pa tcu 4 1osrs reserved In accordance With tbs
oruior whsf there 70 b done VITA
IL r-s hreeccaf.cF q uonI u Z INTENDED 70 1est
uriUs ar the previous investments IL ot unsxPeeied
for.1 They covered by the guarantee capital ana " slch
loses are wth. the legitimate bounds Of pfo5aniiy
crd ro be wise IL TIE uiss;oners % suggest the
AZ va; ss except he fo- P-o6tf u this ee Why nos
-iJ4r 4 to be pot snf divide eccordinyf such
80 h the ode proceeding hh your Society nss seen NJ
10 sopt and fully Justn-d your decon ~ the a4
esc.i principles which th= Recognized ioaadst4oa o. ne
b.ziress q Life As-uTsnee-
remain gentlemen very respectfully.
IOur Sbetrnt servant.
BENJAMIN PIERCE,
Pu. Professor Of Astronomy add Mathematics in Harvard
Cambridge. Mass, NOV. 10, 1859