The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-01-22
The annexed comparative table shows the amount Of
-four and grain In store al Chicago at the dates given

The people OF Maryland have caught the railroad
mania, and In nearly every section the idea has
suddenly arisen that the State could be vastly benefited
not only by the immediate construction Of local lines,
but by having extended routes TO the North and West
start from the national capital and pass through the
State. Among tho new projects the Metropolitan Rail
road which i sta from the borders Of The District Of
Goaunbasspn 10 the Ycnnsyivauia line, trusting 10
chance for cqonceSons. Another Ia road from wash
ngton TO Point Lockout The srandest idea however,
Frederick ana Lake EtS Railroad Company, which, with
the assistance Of Congress and tho Legislatures Of Pom
ingtOn city "a some point on Lake Erie. =
The Marietta and Cincinnati Railroad earned during
the second week 10 January Sls s12-a falling or as
compared with the receipts for the same time In lses Of
e3,lsT. '.-fds ~'t. s't s ~
Tho London Times OF the LIST inst has the following In
relation 10 the condition Of financial Affairs In England
As regards the probability Of large credits having been
granted to America II would be difficult In any other
wy 70 account for the cessation during the past two
months Of gold arrivals from that country Our expora-
tons thitbcr have been extraordinary SCALE and
return she hashad little produce 10 transmit the cot
ton shipments being still limited while 10 the graade
the high cost Of transportation and Of all nccessaries
OF life consequent upon excessive taxation combined with
o protective tariff have caused Russia, Germany and
France almost entirely to drive her from competition
During the whole Of this she has sent only o6I
cwt OF wheat and -four, against 9,573431 in 1854, and
10s12 625 In 1903. Even Of petroleum. her
OF wealth the quantity shipped hher this year has been
In 1853 Among the Continental countries at the same
time there has been Juror FOR purchasing United Statcs
~ s, Srs ra ssvo ,S
from Europe 10 be represented simply by these analo
gous securities SO long a. the causes thus described
continue so long must tho gradual rise In the rate Of
discount continue, and there Is at present every ndca
ton that they will greatly increase durns the year
The railway projects to be introduced into Parliament
are more vast than on any previous occasion within the
last twonty years and the arrangements the part OF
of hair frv baVa mad
but little OF their contemplated proportions. II
We are TO persist In employing a large por-
which withdraw them from the manufacture Of ex.
portable articles that would bring us back cash
santly increasing amounts Of cash to America
expect to have the ordinary supply ut home The of
interest must rsc 70 the point whatever i may be- that
will stay the rage both for pungng capital into bricks and
mortar and for shipping on TO the United States 10
large class the prospect s dsagrecablc and these per-
would like the Hank Charter Act 20 be modified
that the bank Instead Of being compelled TO put up Its
rate for money precise accordance with the demand
might supply II to New York the one hand and our
large contractors the other ut terms that would
pleasant until notes, being longer synonymous
with gold, might fra,crnse with America In mutual
long past when the real commercial public Of
England could 10 deluded by the follies OF these
innate tho extent Of The corrective that viii be
day required TO arrest the headong commitments OF
tho ulave Multitude During the past two or three
years these operators have become used OF dis
count the very approach OF which would previously have
sulccd 10 create general contraction Of commitments
aud having sccn that after clearing on few Of the
sound most ready for dissolution the movement
has led 10 reaction they have learned 10 look at the
warning merely a. that Of little pressure destined
TO pass away although extremely annoying for the mo
mcn,. Henc sforh, therefore, when a great crisis Is at
hand will not he concurrent with rate Of discount Of
only eight nine per cent Moro likely twelve fifteen
twenty per cent will have 10 be endured and although u
would b. idle TO conjecture whether the trial II to
this year, OF the next or the year following will be well
for all persons pedging themselves 10 future liabilities 10
frame their calculations the that the
may overtake them nj any instant
The following Is an abstract Of the gross produce Of the
Of Great Britain during the year 1858 compared