New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-08-10
FROM PHILADELPHIA.
COAL. IT'S TRIALS AND TRIUMPHs-A GREAT CAMP
urrTIsG-PoIITJcAL pRILL-REvTyAL IN SHIP
Observation-Disclosures REAL DaOUTH.

MFETING-POLIrICALD RIII-RE'Fhb IN Sb't
WHIpNG-vARIETIEs--A REAL DROUTH.
From Our Own Correspondent
PHILADELPHIA, Aug z, 1850
Perhaps no one of the great staples OF Pennsyi-
vapa has passed through greater viclssitudes OF
GOOD and bad luck than the coal interest. The In
tepsy of these vci, STUDIES has been proportioned
TO the magnitude of the staple. The larger the
capital Invested, the more completely has the heel
of hostile Government crushed it out. Iron men
have sufered fearfuly under this lerocous despot-
ism, but probably more millions have been LOST by
the coal men, The Lehigh Coal and Navigati
Company furnishes in IT'S history striking illustra
ton of these alterations of good and evil luck. Ii
was the pioneer enterprise of the whole region.
Its projectors penetrated into mountains where the
wild beasts of the forest abOunded and commenced
the tanning process on the most untambbe river In
| the State. The heroes vbO begun this wrestling
with the wilderness and the torrent, Hazard Fell,
aid others, lived to become cOnquerors, and then
| passed away. But the vast corporation they
| founded has many times gone through the furnace
Of affection, ,omeiimes scathed but ultimately the
victor. At one time demolished by the food, ut
| another knocked fiat by hostile writers, and always
shoIn of its just share of profit by the persistent
crusade of Government against labor, it has lnyar-
ably reganed its position at the top Of the ladder.
1t is in that position now, giving hopeful evidence
| of similar results to other companies impoverished
| by the crash Of 1857 Last year was one of the
| worst known among coal men, yet ITS profits were
| a iIihe less than 10 per cent on its capital OF
5000, goo, though less than half the stock has
| never been issued Its whole funded debt is
$500, GOO, and until this is paid off it is prohibited
| from dividing more than 6 per cent. But TO pay
| this funded debt due in 1870 the Company has
fn,.I nf nj ola
1900 of stock to dispose OF, with ten years in
| which to earn the small deficit of 1922, 600. This
years business alone will probably realize enough
tO wipe out the whole of this balance as it il
granted on all hands that coal companies are now
doing better than for years past Here, then, the
unusual spectacle is presented OF the heaviest coal
mining aud transportation company in Pennsylvania
being ready TO pay off its entire debt nearly ten
years before maturity. No greater testimony could
be furnished in favor Of the modified fOgyism which
has prevailed in the councils Of this Company, while
lis great success affords hope and encouragement TO
all OF the many recently Frustrated coal miners.
The Methodist Societies of the city and vicinity
left last week on their annual camp.meeting eXer-
cses in Kent County Delaware. They have
bought the land for 1900, aud will here hold
their meetings for all future time. The land lies
between Dover and Camden. The concourse of
people now assembled is so immense, that eighty
large stages required 10 transport passengers 10
the ground on the arrival ofevery train Of ears The
seventeen acres devoted to the meeting purposes
are beautifully timbered with old hickory aud oak
trees, casting a dense shade, while the soil has
been cleared of underwood and stumps, making the
spot every thing that could be desired. 4 stream of
clear water skirts the ground, while several large
springs bubble up, and near by is q mill-dam for
bathing. A hydraulic ram supplies every point in
the camp with water The camp itself is laid out
with the utmost regularity. The tents are of all
sizes; some for congregational meetings sixty by
thirty feet with many smaller ones, perhaps 200 to
SEQ in all. Some 600 persons are constantly on
the ground but Sunday the influx Of strangers
from the neighborhood is tremendous, no doubt
sw cling the number to $1,000. Provisions are
abundant board 81 per day, or 81 for the ten days
camp. The neighboring farm. rs have put nigh
tariff on all they have to sell and the musketoes
having started on collecting tour present bills to
sinners after the sharpest manner. Some ten
churches are Represented at this gathering.
The dog-days, though of more than average dry
ness and oppressiyeness, work no abatement in the
ardor of the Peoples party in this State. On the
contrary their spirit rises with the mercury. Per
haps at no former time has the opposition 10 DemOc-
racy been more thoroughly and extensively organ
ICED. In this city it is complete aud admirable
with notifications ofthe State Executive Committee
stretching away of into all the interior counties
The espionage and drill Is admirable reaching to
the remOtest election district. This Peoples State
Committee has its headquarters in Chestnut street
with every appliance for acampaign-a free reading
room, supplied with papers from all parts Of the
Union, campaign documents BY the wagon-load,
with men constantly dispatchug them to the interior
and is visited by crowds Ofsympatzing partisans to
consult together and report progress. Here arrange
ments are made for holding meetings, both great
and small, wherever they may be called for. Here
able speakers may be at all times engaged for the
rurGldlsIlcts, many of whom are constantly ravers
Ing the State, instructing the people by word OF
mouth, and scattering documents by thousands
The members Of this Committee are working AS hard
at this duty as any drayman at his They have
organized their machinery Systematically that no
Democratic drill of former times ever equaed It,
while that of all the other parties is no hing in
comparison with it. Events are daily adding to
the momentum which this movement for Lincoln
has already acquired. Public sympathy, combined
" it'll complete organization must make Pennsvl
yania perfectly sure for Governor, Legislature
Congress, and President
Syn toms Of revival in the shipping interest no.
ticed in the newspapers elsew here, are apparent
here. Our rOpe-walbs have received orders for
gang Of rigging for 800 tun ship now building
at Baltimore for New-YOrk, with gangs for two
other ships Of 1000 tuDs each, one building in BAL
timOre and the other in Richmond These two
yesseis intended for the new line of packets be-
tween Richmond and Europe, whose mission il will
be to iusugurate the good time so long a. coming,
when direct trade from the South shall permit the
grass 10 grow on your now dusty wharvts.
The stock brokers who suspended the other day
have settled to the satisfaction of creditors and have
been reinsiated at the Board. But the proportion
of operators away in the country il so large that,
though prices are well maintained, yet the business
il small.
Churcbmen are discussing the prayers 10 be of