New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-09


y,su Oar Own Correspondent
PHILADELPHIA, Feb. 5, 1861.
The city pauses over the impending crisis al
Washington. 1t breathes freer, now that 1t IS
assured the Capital is safe, but it feels omnous
misQiyings that somebody is going to cave H.
Suspicion begins TO rest on men in very hlgh
places. Alas they are to be found IN nign
places even in this State. 1t is known tnat sfey
have put out feelers long enough to reach even
10 the Capitol, Can it be that armed treason ID
IN he tbus conciliatedi If the sin come, woe Dc
70 him by whom it cometh These men are
over. nxious to make all things smooth for MI
Iincoln's incumbency, as if he were not fuIy
mile 70 erapple with the whole difficulty, others
beinp infinitely more anxious to escape IRON II than
he. Why not give him and his party the oppor-
tunity to do SO in his own way Our citizens are
too many of them signing petitions for the enact,
ment Of Crittenden's outrageous Prop0sltlon, hoS'
of them not knowing what it is while the great re
publican majority IN the Legislature seems 10 haSe
zone over bodily to the enemy. Principle seems CIV
ing way to expediency. -. II.
Sandsrs's water-gas has not hidden its light
under bushel although recently Obscured by legal
fogs arising from the hostile cutting on OF pipes ana
removal of meters all which have been dragged into
court. there to be STAYED OIL BY one party to the
serious prejudice of the other. In short. 1t does
seem as If those who are paid to give the people
cheap light are the very parties who are dong their
utmost to prevent the light from coming into use.
But am persuaded that the water-gas will be
public success, in spite of oil impediments have
It from the highest authority that II mas iulhiled
every expectation ut Aurora, Indiana. Mr. julius
SEVERN o citizen of that place, was here some
months ago, and examined the works and the light
AZ the Grard House. He was 80 strongly impressed
in favor of the Saunders process, that he returned
home and put up gas-wOrks at Aurora, at MS own
cost Now, Aurora is q small town OF some 8, UVo
inhabitants, IS miles from Cincinnati, on the ONO
and Mississippi railroad. He constructed them Tor
onethird less than coal gas-works would have COST
and now has 900 feet of pipe laid IN the streets
with about 500 burners in use TO begin win. Inc
whole work was built aud put IN operation Oy hr.
Lemue COven Of this city. 1t has been IN constant
operation five weeks and has been visited by hund-
reds of strangers. With only three sihah re'ofts,
il can produce 10000 cubic feet of gas every "a
hours. One man takes charge during the day, and
one at night. Coal gas-wOrks like these would re-
1uire six men. ROsn is used to combine with
the water.gas, the usual publication by lime being
dispensed with. Aurora now buns about !, coo feet
daily, but the cost diminishes as the quantity In
creases Yet il pays profit now. The consumers
pay SO per 900 and are quite enchanted with the
new light. When the consumption doubles, it can
profit. The cold weather does not cOndense the gas
in the street MAINS has been charged, nor is any
deposit left in them. Neither is 1t found to clog the
valves Of the meters render them in other respects
unreliable measurers of the quantity consumed Our
gas magnates ought to send commissioners to Aurora
to look into the merits of this pubc-sprited enter
prise and If cheap light really broken upon the
world they are bound TO give this city it's share of
it. Nor would New-York lose money by doing like
wise.
The scarcity of money and general want Of conf
dence felt in seasons of alarm and suspension OF
business like the present have had their usual infu-
ence on masses of the depOsitOrs in our various
savings institutions. The Oldest of these in this
city has 81 600 600 of deposits and pays per cent
interest Three others have nearly as much, and
pay per cent. The SixpenDy Saving. Fund, which,
as its name implies, receives deposits in sums as low
as dime, has 100000. The total deposits in our
numerous savings bSTiks amount to about $l3,OO6,-
000 There are several small ones, which have COM
menccd business within a few years, which have
had to 90 through two commercial shocks within
three years. the depOsitOrs on these two occasions
running them for their money. This run was en-
countered by all the others also but being older and
stronger they managed to realize enough cash on their
securities to meet the demand Two of the others,
very small affairs, have been compelled TO assign.
These runs show that confidence has been impaired.
and that unemployed operatives are compelled to
fall back on previous earnings TO get through the
Winter. So far, it has been merciully mild, and no
more suffering than formerly. But everybody now
saves his hali-dime who can This is seen In the
diminished travel ON the passenger railroads. They
have ceased to be crowded especially by the ladies.
Receipts have fallen off, and the stocks have de-
clined in price 1t is the same in other things.
Men eat and drink less than they did a year ago.
The world in fact is again discovering the value OF
economy. There is little business OF any kind doing,
except over the great railroads Their teIInini here
show signs Of great activity.
The bOOk-trad must be a very sound one, though
publishers hang back and decline bringing out many
new things. Last month the notes fell due which
yere given at the Messrs. ThOmass last trade sale
by booksellers in Louisiana, Alabama, Missouri,
Georgia, Virginia, Maryland, Indiana Ohio, New
York, aud two Eastern States, and all were paid at
maturity but one. Many of these notes were paid
at heavy loss of exchange. These facts show q
sounder condition Of the trade at the South than
had been expected, which 10 other branch Of bust
ness could exceed
1t Ia well ascertained kere that letters from South
ern Post Offices are tempered WITH most probably
at tho Offices where mailed. Some have been re-
ceyed here bearing unmistakRble evidence Of kay-
ing been opened. Talking of Southern letters, it
may be mentioned that the tone of all which come
from Tennessee Georgia, Kentucky, MARYLAND, and
Virginia is generally strong for the Union. MANY
debtors in these States and in South Carolina
say they have their own bank notes.on hand, which
they will remit if the creditor viii receive them
But the creditor can do nothing with them, and the
debtor has nothing else. Here is worse deadlock
in exchange than was ever known at the West.
Those heavily in the Southern trade are feeling this
state Of things very severely. In Florida they are
not 20 polite neither do they have even bank notes.
One Of our business concerns wrote to Florida
Postmaster asking information as to a party who
had incl nd said .ff