New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-07-11

from Our Own Correspondent.
PHILADELPHIA, Wednesday, July 10, 1861.
Iris year is in Of marves; and among the Chief Of
them Is TN unsbaken confidence in the public mutt
strm enough to maintain Re feet equilibrium
10 the money market, in tie face OF demanu
Tor & 80 00Jt 100 70 crush the rebellion. Not one
stock or bond has sunk in consequence, while
sone have actually stifened. Pauic must have run
as coarse. IRdeed this whole community reloses 10
end that the President sqnarey up 10 the emer
eeney counting and money nothing, but the in'
segrty of the Union everything. We had 'nisgivinss
confess but they are gone and the strongest Alno %
eopsdcnce has taken possession Of all minds wa.
Ing shor; of tiis could msintaio our SOCK is' AZ
present figures All the souDd diVidendPd!'"e Ou
rites fad ready buyers go< prlces whenever oIei
3D. Men wouid not thus invest their money uh'eso
thew lad eIrire confidence in the fnture, nor "ou'u
bOld7s be ., entirely satisfied 10 retain tbeir hVes
uents Wien the upward turn GENES, II ls manifest
tt ere must be an unprecedented excitement III the
ssock market. No funds will go fIom this city
for invess,eLt in rebel bonds stocks, but will be
ned hero in purchasing our own local securpeS'
southern bonds already held 10y some parties to
their rujn Ii we are now calm and quiet, 1t IL The
quetness of perfect confidence Tue Presidents Mes
rage was in the rght vein, and touched the nght
chord IL is comprehensive and mastery such rs the
oummonest mind can understand, while the best can
be enlightened by lis expeditions. We1Ie convinced
that Mr.. Lincoln is the man for the time.
The money wanted is ready, tie men called for
will come sor,h at the frst drum beat Our Philade
phia regiments of three months intend to open re-
cyuiting stations 1t home weeks before their
me is out, and Sc fall again into line for as long term
o. Government wants them. Some nj it already
A b.p Ivyilir m LIST
such as ought never to have gone and the service will
be better without them. The process will also RIO the
arr1y of numerous misera Captains and Colonies.
Even now the prt OF volunteers is really remen-
dOus; besides they have been privately drilling for
weeks expecting this CALL They forth from our
beet and wealthest families. They come from the
clearinghouse from the counter, the bar, and even
from the pupi. / had no hea this city was so thor
oughly imbued with the military spirit as it lie. The
next levy will be inoomparably in more efficient cIa.
diton to take the field than those sent three months
ego.
The last folly of Henry A. Wise is now being
enaeted. lie yet he always has been, the great
81 bundle Of eccentcties the country haze had, and TO
his former fuss be Low adds the feathers coming ont
full-blown traitor. Two years ago this creature was
itching TO be President. Whiting to DOunesly to this
end, be said:
"The South cannot adopt Mr.. Douglass platform
II l. shortcut O all q ends Of Black Republlcanism
He then will Ii up his heels. II he dUes o. DON'T
be can't lie uOminaied and The main argu nen against
his nomination is that be can't be elected II nominated
II lie runs al independent candidate ara Seward
runs aud am nominated al Charlie ton, can beat
theu, both. Or, if Sqnauer Sovereignty is INK Of
lhe platform CbaIestOn aud Douglas X nominated,
the South will independent candidate on pro-
teetop principles and tie election into The ouse.
Where, then, would Mr. Douglas be The lowest
candidate on the ist. II have the popular strength
YOU suppose it will itself fix the nomination. Get
that, and am confident OF sueeess
How strangely these echoes Of a foolish past fall
upon our ears But Wise was even more puerile t an
tbis When writing in July 1852 to the Boston Mer
GENTLE Association declining invitation TO lecture
there the ensuing Winter he went off in this absurd
RyIe:
:" cannot accept this call. have no time for Ire
rary or any other composition. / am q bad shot at the
best and not going to Boston ~ shoot ut game
tie wing. l would like to bag you. Ii l cOuEi-Oh
II coVid bag B0stoaii-the weole nation would be
safe then. Yesl always loved old Boz on-she was
the Slo of the Tea Party. And rome Of these days.
God wiling, will Try 10 see what is the matter with
Der that she dOn throw tea overheard like che used
todop
This trstorous wretch talk of bagging Boston |
The strong prospect is that be will himself be
bagged either dead or alive II Is this class Of mis
creanis the leading tends in this Internal Rebellion,
that the Cove needs 10 get hold Of aud then, if
allowedto e,cnpe unhanged it viii be because the
who compose it are either mean towards or totally un-
a. for their high duties.
The great uncompeted Sunbury and Erie Railroad is
having another hard difficulty to This road
has been the victim Of ALMOST every crisis for the last
Is YEAR,; just ready TO prosper, but never permitted to
do 40. II s now proposed lease it to the PenDsyva
mia Central for 80 Seas 10 insure ito completion Tie
latter company is loan its credit by indOrng bonds
of the other TO the amount of $35OO,OOO This will
finish and equip The road then for operating and main
taiung il in order the Pennsy lvaDia is TO receive 60
per OF the receipts but if the working ex.
Jenses exceed co per cent Of the gross receipts then
the see will 65 per Of the gross earnings
until 1872 by which time it is presumed the working
expenses will have sensibly dmiurled If this ar
rangement should be contaminated both roads will be
under one management and the trade Of both will con-
verge upon Philadelphia. Tue possession Of high sd
miuistriiiyc aud financial skill will be demonstrated il
THIS arrangement be carried successfully through ut
such time a. the present.
Our authorities begin entertain the idea Of having
large amount Of corporation work DONE in anticpa
ton Of The wants Of future years, in order to employ
the Idle laborers now the town. There NAV be
much suffering among this class but there is also much
exaggeulion and Imposition. This is proved b. those
who have charge of the funds to be disbuted to the
families Of abtent volunteers. One woman has been
found drawing pay for three husbands, another for
two, others for men not married, while others have
been allowed for ive six, AID seven children, when
they bad bat one, and in s.4nees THUS it
Is tat pecu4tion the public purse seems to rule,
from Floyd down to the eommonest loaier.
mi -.