mm ■ RICH AND ANOMALOUS CORPORATION. The British East ludia CompaDj, according to recent and authentic documents before U3, now rules, directly or indirectly, an empire of 1,500,000 square miles, with a population of more than one hundred aod sixty millions. This vast empire, no less remarkable for its healthfulness and the beauty of its scenery, than for its extent, embraces almost every variety of soil and climate, producing not only the cereals of the North and the tropical fruits of the South, but many valuable articles of commerce peculiar to the East. The nominal money capital of the Company is set down at j £16,000,000 sterling, or eighty millions of | dollars. Its annual revenues are estimated at i one hundred and thirty-live millions, :inl with the j development of country, and the eouseiiuent j enlarged trade of the^’oinpany, they are annually 1 increasing. { The East India Company, at date of last report, i consisted of 17o0 stockholders, privilcjjed to meet, in general eouiicil. The holder of t'>’)000 of stock ^ has one vote; of §15,000 two; of S30,000 three; I and of 850,X)0 four; provided always he has been in pos.session of the same twelve months. The whole number of votes at the present time is esti mated at about *2)00. These stockholders, thus | qualified, meet oiice in three months, in general j council They elect the court of directors and ' board of control, in whom is vested the actual government, we had almost said the sovereignty of India. The employees of the Company are divided into five distinct classes: civil, clerical, medical, mili tary, and naval; comprising nine or ten thousand ’ persons. The salaries of the principal officers are as follows: (jovernor General, S12n,000, perqui sites 8200,000 -?U-2r),000 Members of Governor’s Clouncil •4>i,0t)0 Bishops Sl-,000 to 25,0(>0 Law Judges, thirty in number 15,000 Collectors and Magistrates, 45, ?G,000 to 19,0(K) In striking contrast with these salaries is the pay of the native soldiers, (sepoys,) 5id per day, from which it would appear far bettei to be (lOv- ernor General of India than a sepoy. Territorial aggrandizement is an established principle of this anomalous corporation. The do main acquired the la.st few yearo, during" the ad ministration of the Marquis Dalhousie alone, com prises many thousands of square miles—whble empires rather—adding 4,*2!S0,000 pounds ster ling, f21,400,000, as follows: Punjaub £1,500,000 §7,500,000 Pegu -270,000 1,850,000 Nagpore 401,000 *2,050,000 Oude 1,400,000 7,000,000 Satarrah 150,000 750,000 Shousi 50,000 250,000 Hyderabad 500,000 2,500,000 Of the revenues of the East'^India Company, the land tax is most productive, the annual in come from that alone being §75,000,000. Next in importance are the revenues from the opium trade, of which the Company enjoys a monopoly. In 1846 the opium export duties at Bombay alone amounted to ?5,000,000, at Calcutta to §15,000,- 000. Since then, they have vastly increased. The sales of opium the last five years at this lat ter port were as follows: Sales of 1850, 35,888 jhests, 35,482,070 rupees “ 1851, 84,409 “ 82,250.88!* “ 1852, 38,561 “ 37,245,185 “ “ 1858. 39,468 “ 38,348,038 “ 1854, 48,319 “ 36,727,584 “ The price paid the producer is about 240 ru pees (S120) the chest. The profit was formerly so great that opium growing superseded almost every other business. It has of late been sub ject to constant fluctuation, though it is still the best business of India. The native population are engaged in its cultivation wherever it will grow. The East India Company reap the profits. But it is out of this, a trade condemned by na tive and foreign writers alike, that they have grown most of their difficulties in the Ea.st. Cap tain Elliott, of the British Navy, once remarked in one of his official despatches: •‘No man entertains a deeper detestation of the disgrace and sin of this forced traffic than the humble individual who signs this despatch. I see little to choose between it and piracy; and it is rapidly staining the British charactei with the deepest disgrace.” | The standing military force of this powerful company is about 800,000 men, European and natives, the former the flower of the British army. The department of topographical engi neers is remarkable for its skill and efficiency, and has done much for the material development of the country. Railroads, completed and in con struction, now span the whole extent of the F]m- pire, from the Carnatic to the Himalayas, open ing a brilliant prospect for the agriculturist at no distant future. There are also in operation at the present time more than four thousand miles of the magnetic telegraph, with which connection will soon be made, along the southern coast of Arabia, and through Egypt, submarining the lied Sea, with the Mediterranean lines, thus commu nicating directly with the whole Western World. LOCOMOTIVE EXPERIiiNCE. Riding ou the engine of an express train is ex citing business. We made intercession with the powers that be, the other day, and secured a pas sage for the distance of ten miles on “the ma chine.” It is interesting to watch the track ahead, and imagine yourself going down the banks from some obstruction. You look at the steam guage and wonder if a hundred and ten pounds of steam is a safe quantity. As the speed in creases, the sway of the engine attracts especial notice. Every little roughness of the track is ; felt, and the machine goes knocking about from side to side with force enough to tear the rails ! froni the tics. The flat ribbon of rail, extending so far before you, seems utterly insufficient to hold the vast, ponderous weight of iron upon it. I For relief from the terrors you have conjured up, you turn to the engineer and venture a remark. He does not look around, his hand is on the lever, i his eye steadily fixed on the track. Just theii the fireman rings the bell for a crossing. You | can see it swing, but in the crash and thunder of, your progress you hear no sound, and then you think that the engineer perhaps did not hear your voice. ! The fireman is constantly busy. lie piles up i the wood in easy distance and then “stokes.” As the dry sticks are cast in the furnace, the de vouring flame seizes them with a fierce avidity, eats into their substance, penetrates their pores, and tears them to pieces almost in a moment. It is an awful fire, unlike any you ever witnessed. You take another look at the track and gain a new sensation, for wherever the rail is a little set tled the engine sinks down upon it, and it seems as if the wheels and trucks were giving way, and the whole machine about to crush down in one fatal smash up. These are daylight observations, but the night is the time to enjoy a locomotive ride. The light from the engine lamp extends only for two or three rails forward—beyond that all is darkness and you go plunging on into the black unseen be fore you, without a possibility of a forewarning of any danger. You can see the switch lights, or that of another locomotive, but a log or a drunken man may be on the track, or a rail may be broken, and you none the wiser until with one tremendous (*rash you meet your doom upon it. From the N. Y. Commercial .Advertiser. NOTICES OF BOOKS. Abridhement of the Debates op Congress, FRQM 1789 TO 1856. Vol. II. New York—D. Appleton & Co. Mr. Benton is proceeding with his work ra pidly. Two of the fifteen or sixteen volumes which the Abridgement is to compose are already published—two stout octavos of about eight hun dred pages each. The first volume closed with the first se.ssion of the fourth Congress, June 1796; the .second volume begins with the second session of the same Congre.ss, December 1796, and end.s with the second session of the seventh Congress, March 1808. During the period eni- braced by this second volume. President Wash ington retired from office. Presidents Adams and Jefferson were elected, ruptures with France and with the Barbary powers occurred, and important debates were held in regard to the free naviga tion of the Mississippi, the alien and sedition laws, naturalization, the judiciary system, taxa tion, the naval establishment, &c. The debates are abridged by Mr. Benton with much care and excellent judgment, and his notes, some of which are elaborate, are very instructive and useful. Andrew Jackson, the after hero of New Orleans, first appears in the Congressional debates in De cember, 1796, when he spoke in the House of Representatives in defence of Geti. Sevier’s expe dition against the Cherokees. In a note on this debate, Mr Benton says:— “The true ground on which the United States becomes liable to a state for its expenses in sup pressing or repulsing Indian hostilities turns upon the idea of an actual invasion, or such imminent danger of it as not to admit of delay: then the contingency happens in which the state may en gage in war, and all the acts of Congress, and the Government orders give way before a constitu tional right. Tennessee, like other new countries in the United States, was settled without law, and against law. Its early settlers not only had no protection from the Federal Government, but were under legal disabilities to pursue the enemy. This urose from the policy of the Government to preserve peace on the frontiers bj restraining the advance of settlements, and curbing the disposi tion of the people to war. The history of all the new settlements, from the Atlantic to the Pacific, is the same; people go without law and against law; and when they can neither be stopped by the Government, nor driven back by the Indians, then the Government gives them protection.” In 1797, slaves were recognized as property by a vote of the House of Representatives (yeas 68, nays 28,) imposing a direct tax upon them. Most of the members from the slave states supported the tax. and the reason assigned for their doing so was that “the taxation of lands and slaves went toge ther in the slave states—the people were used to the association—and to omit slaves in the direct tax would be unjust and unpopular, as sparing the rich and making the tax fall heavier upon persons of less property.” In 1798, the House of Representatives was the scene of the first debate on the prohibition of slavery in a territory which took place under the Federal Constitution. Messrs. Rutledge, Otis, Gallatin, Harper, Varnum, and others :ook part in it, and it is remarkable that the constitutional power of Congress to make the prohibition was not questioned b}’ any speaker. In the same year, by a close vote, the Navy Department was created, and, as the proceedings show, by a party vote—the Republicans of that day being against a navy. Mr. Benton directs attention to the fact that in the earlier Congresses, the speakers were held to the point even when the House was in commit tee of the whole, and hence the debates were brief, forcible and instructive. The first instance of a President's Messaire be ing sent to the two Houses at the commencement of a session occurred in 1801, when Mr. Jefferson adopted that plan. In a note accompanying the Message he said:—“In doing this I have had principal regard to the convenience of the Logis- liiture, to the economy of their time, to their re lief from the embarrassment of immediate answers, on subjects not yet fully before them, and to the benefits thence resulting to the public affairs.” Mr. Benton says:— “It was one of Mr. Jefferson’s reforms—the former way of assembling the two Houses to hear an addre.ss in person from the President, return ing an answer to it, the two Hou.ses going in form to pre.sent their answer, and the intervention of repeated committees to arrage the details of these ceremonious meetings, being considered too close an imitation of the royal mode of opening a Bri- tish Parliament. Some of the Democratic friends of .Mr. Jefferson doubted whether thischacjje was a reform, in that part of it which dispensed with the answers to the President. Their view of it was, that the answer to the Speech, or .^Iessage, afforded a regular occasion for speaking to tha state of the Union, and to all the topics present ed; which speaking, losing its regular’vent, would afterwards break out irregularly on the discu.ssion oi particular measures, and to the interruption of the business on hand. Experience has developed that irregularity, and another—that of speaking to the Message on the motions to refer particular clauses of it to appropriate committees, thereby jelaying the reference; and, in one instance du ring Mr. Fillmore’s Administration, preventintr the reference during the entire session.” ° In 1802, Mr. Rutledge, of South Carolina, de clared in a speech in the House that Mr. Jeffer son’s opinion on slavery was an obstacle to his receiving the vote of that State for the Presidency. Mr. Benton’s note on our relations with France in 1799 is quite elaborate, and contains some cu rious and interesting extracts from the dispatches of the Ministers of that day, which we have not seen elsewhere. At the end of each presidency he briefly reviews the history of the Administra tion, and these notes are such neat and conve nient historical summaries that we quote them in full:— the presidency of george Washington. The close of the fourth Congress terminates the Pre.sidency of General W^ashington, and presents a proper point for a retrospective view of the working of the Government for the first eight years of its existence. Such a view is full of in struction, and deserves to be taken; and first of the finances. Moderate expenses and moderate taxes were the characteristics of this branch of the service. The support of the Government called the Civil List^ and comprehending every object of civil expenditure, was, for the vear 1796, (the last of Washington’s Administration,) 8530,392, and the duties on imports about five millions of dollars—or nearly ten times as much as the support of the Government required leaving nearly nine-tenths to go to the preserva tion of peace with the Indian tribes, defence of the frontiers, protection of commerce in the Me diterranean, and other extraordinary objects. This amount was produced by moderate duties the ad valorems, 10, 12§, 15 and 20 per centum ■ and mainly produced by the first two rates, the latter two chiefly applying to objects of luxury not used by the general mass. Thus: The amount of imports subject to the 10 and the 12 i rates was 828,267,000, while those subject to 15 were 87,850,000; and those subject to 20 per centum on.y the third of one million. The average of the whole was about 13 per centum. The specific duties were on the same moderate 'scale; and the cost of collecting the whole was 3.78 per cent. The intcre.st on the public debt was three mil lions and a quarter; the Military Department, $1,300,000; Naval Department, 8140,000; tri bute to the Barbary powers, veiled under the name of foreign intercourse expense, was 8800,- 000; while the regular diplomatic intercourse was only about 840,000. The whole expenditure of the Government was about 5§ millions: its whole revenue something more—the excise on distilled .spirits producing some 8400,000. Thus, order and economy were established in the finances. Abroad peace had been maintained. The pro- clama^on of neutrality, unanimously agreed upon in the Cabinet, saved the United States from the calamity of being involved in the wars of the French revolution. The commercial troaty with Great Britain stopped the depredations which the British had commenced upon American vessels carrying provisions to France, and obtained in- dojunity for depredations already committed. With Spain the serious question of the free navi gation of the Mississippi was settled; and in ail- dition to the right of navigation, a place of deposit for American produce and merchandise was ob tained at New Orleans—the right to be absolute for three years, and afterward until an equivalent place should be provided. (It was the subse- sequent violation of this right of deposit which led to the acquisition of all Louisiana.) Safety to the persons and property of American citizens in the Mediterranean Sea had been obtained, ac cording to the means usual at that time and upon terms to be endured until strong enough to do better. The formidable Indian war in the North west, and the troublesome hostilities in the South west, had been terminated, and peace given to the young commun’ties, on the Kentucky and Cumberland rivers, which commencing without authority, were laying the foundations of future great States. A domestic insurrection (that of Western Pennsylvania) had been quelled, and happily without bloodshed—the exhibition of a large force, with Washington at its head, being sufficient to forbid resistance, and a wise human ity sparing all punishment. The new Govern ment was solidly established, and amid difficul ties which might have been insufferable under any other President. Public credit, which had sunk so low under the Confederation, had risen to a high standard under the new Government, and a general commercial and agricultural pros perity pervaded tt>e land. THE PRESIDENCY OF JOHN ADAMS. The .\dmini.Htration of John Adams fell upon difficult times, and involved the nece.ssity of meas ures always unpopular themselves, and never more so than at that time. The actual aggressions of France upon our commerce, her threats of war, and insults to our Ministers, required preparations to be made for war; and these could not be made without loans and laxes. Fifteen millions was the required expenditure of the last year ofhisadmin- tration; a large sum in that time, but almost the whole of which went to three objects; the army the navy, and the public debt. The support of the Government remained at the moderate sum which it had previously pre.sented, to wit, S560,- 000. The duties still remained moderate— vdhrems, 10, 12i, 15 and 20 per centum; and the latter more nominal than real, as it only fell upon a few articles of luxury, of which the im portation was only to the value of 8.‘>0,000. The main levy fell upon the 10 and 12i per centum clas.ses of which to the value of2*)i millions were imported; of the 15 per centum class only 7§ mil- liona were imported, and the average of the whole was 18 per centum and a fraction. The specifics were increased, but not considerably; and the cost of collecting the whole was 4* per centum. Di rect taxes and loans made up the remainder. The whole amount collected from duties was about 10 millions; to the preci.se, 810,126,218; that is to say nearly twenty times as much as the support of the (lovernment comprehending every civil ob ject required. The administration of Mr. Adams, though condemned for extravagance, was strict ly economical in support of the tiovernment, ami in the collection of the revenue: the army and the navy, those cormorant objects of expenditure, brought the demands for money, which injured the Administration. This Abridgement of the Congressional debates combined with Mr. Benton’s notes will furnish almost a complete political history of the United States since the adoption of the federal constitu tion and will be an invaluable work of reference for legislators, politicians and historians. It is to be hopeil that nothing will occur to prevent its completion. Fafse Educntinn.—The early breaking down into invalidism of our American women is the sub ject of frequent remark. Our young maidens are, as a class, beautiful but delicate, and hardly do hosts of them get out of their teens before they become more or less the victims of disease. Seve ral of our contemporaries, we perceive, are calling attention to one cause of this evil, viz: the over working of girls at school. Where the blame of this is to be laid we are not prepared to .say. We doubt, however, whether it is all to be put at the doors of teachers, for we have heard many of them lament it, especially those having charge of public schools. The docility, love of approbation and emulation, quite characteristic of the sex, taken in conncction with the early age at which they are seated at the desk, and the early age at which they are called from their studies, may account for much of the error. Not only the acquisition of the common branches of education, but likewise the acqui.sition of accomplishment, is crowded into a few years; and this, too, with a premature en trance, oftentimes, into the excitements of society. Natural consequences of this are headaches, crook ed spines, disordered nerves, weak eyes, debility, chronic complaints, that occasion more mischief, moral as well as physical, than many may ima gine. W’^hat must follow where the wife and mother is the victim of ill health, can be easily fancied. And how many instances there are of this ill health traceable to the grievous mistakes of parental vanity or thoughtlessness, in subject ing mere children to the inevitable deleterious ef fects of overtasking the brain, keeping to seden tary pursuits, involving confinement, unnatural positions, unrelieved by vigorous open-air exer cise? This is not a subject on which it is our pro vince, were we competent, to speak in detail. But it is a subject which demands very serious con sideration. It concerns the prosperity and hap- pines.s of thousands. It concerns the comfort and joy of numberless homes. It concerQs the cause of humanity; inasmuch as the abuses alluded to, threaten to bring on, in some respects, an alarming degeneracy in posterity—and that posterity only a generation or two behind us. The hosts of phy sicians, the statistics of the death of infants, daily occurring facts within the observation of every one, are all indicative of a great wrong, which threatens to produce bitter fruits, to disappoint many of the hopes of a progressive and prosperous civilization.—Boston Courier. PIERCE’S PUNGENT PROVERBS.—.\PRIL FOOLS. Considering what a natural tendency man has to folly, it was a wise dispensation of popular custom to limit the privilege of making fools of our fellow crcatures to one day in the year. It might however, have sprung from its being the only day to spare, sincc men make fools of them selves every day. When the poet said, JaJcc rsf /Jeaiprre in torn, he possibly might have been made a fool, on some ancient first of April, by some little shaver of the Augu.stan era, as he crawled in tmja to liis Roman school! One day in a year to be made a j fool of, is certainly getting off very lightly, al-1 though a man may commit cnoujrh folly in a^ay ] to last him all his life, live ho as long as .Methu- i saleh. Nay, a man may do as much hanging, ' marrying or speculating in an hour as will ruin : him forever. We have thus always considered April Fool ! . . Da\’ an institution to be honored, as a debatcable ' created against its use; but when the researches ■ of Stephenson, Hodgkinson, and rairbairn, IRON AS A BUILDING MATERIAL. A resolution having been passed by the United States Senate during its last .session, instructing the Committee on Manufactures to inquire how far it would be practicable and expedient for the Government to employ iron as a building material in the construction of the various public edifices, a report has bcsen made highly favorable to its extensive use for those purposes. In the opinion of the committee few of the improvements and discoveries of the age promise more important re sults than the substitution of iron in the construc tion of buildiiig.s for the materials heretofore em ployed; and that “in beauty, durability, polish, and susceptibility of ornamentation, it is .su perior to every other material except marble.’' In the infancy of iron constructions, the report says, cast-iron w:is employed for beams and girders, and failed, from its natural unfitness for the purpose to which it was applied,* and a prejudice was thus the COMMUNICATIONS. FOR THE OBSERVER. space for the excrcise f>f wisdom, aggressive and •lefensive. Let us inquire what a genuine April fool really is. Our dismal man defines him to be one who be lieves what is toll! him on the day in question — such as, if your wife swears she loves you for your own virtues and not for the diamond rings and cashmere shawls, or that .Mr. Jones has just fallen down and broken his promise, or his leg, or any other little commodity. Our excellent friend Burkhardt was the victim of one of these inventions last Fool day, b}' a boy hardly bigger than the Doctor’s boots, crying, ! “Sir, you’ve dropt your tail!” Now it happened that the worthy editor had a tule in his coat pocket behind, which he had just finished for the New York Dispatch, and instinctively feeling be hind, to see if his package was safe, the boy natu* ' rally mistook the action, and nearly laughed his buttons off. A man, however, may be iuo wide awake—too incredulous on this celebrated day, as our friend Wild was, who got up one fir«t of April deter mined not to be made a fool of. lie was rou.sed from a witty article in the Daily News by the fair Kate telling him that a gentleman from Ohio was waiting to pay him some money at his store; giving a knowing wink, he sent his compli ments to the honest debtor, and begged him to keep it till he came for it! Next morning he found the Ohioian had taken him at his word, and left a letter full of grateful thanks! Not an hour after, our tall friend Shanghai, who had made a similar vow of wisdom for this one perilous day, was told that his coat tails were on fire. “Let them burn!” he replied, chuckling his fair Mrs. Applejax under the chin. In an other minute the boarders had to roll him in the rug to put him out, and the burnt remains of his coat tails bDrc sad testimony to his wisdom! Our excellent City Clerk, who is one of the neatest dapper little figures in the world, paraded the Jersey shores with a placard announcing, “These spacious premises to let,” and Garry him self walked about till dinner time with a bill on his hat, “This vacant lot for sale—apply within.” When a benevolent little boy went up to the (/ity Father to tell him to look behind his hat, he nearly got kickcd for his pains. There is a description of April jokes which we consider illegitimate. One of this kind was played upon the Doctor last year. Some very facetious fellows .sent him twelve tons of coal, in separate carts, all of which wero dumped down at his door, rendering the street impassable. When, however, Mace, the undertaker, went to measure him for a coffin, he considered the joke assuming far too grave an aspect; and he succeed- •1 in convincing Mace that he was far too lively a corpse for rosewood yet. We consider these as absurd hoaxes, not com ing within the scope of th« original intention. We also object to making bogus offers of marri age to inflammable widows, under cover of an April joke! We would rather play with a cam- phene lamp than a widow,—not that we mean they are both wicked things; but because we do not like to play with flames! The difficulty is to really discover what a fool is! Nothing is more common than to hear one man call another a fool; whicn means that he does not think or act as he considers wise. But what is ichr. in one is oth rwise in ar other! It is wise, no doubt, for Jones to take Mrs. Jones to the theatre, but it would be very unwise for Smith to do it! Brown called Robinson a fool for speculatino' in reference to the great tubular bridge over the Menai Straits, had fully developed the appro priate provinces of cast and wnmght-iron, and when the successful erection of that bridge, fol lowed by the crystal palaces in London and New York, had fully demonstrated the adaptibility and security of iron for building purpose.s, it only remained to remove a few mechanical difficulties in order to secure the general use of iron in all first-class structures. One of the most formidable difficulties encountered arose from the expensive and contractile nature of the metal, causing a displacement of materials with every change of temperature; but it appears that this has been wholly overcome. By a cheap, .simple, and convenient process lately invented, and by means of which the col umns, beams, &c. are embedded in clay, or .some other non-conductor of heat, they are com pletely isolated, and no longer liable to the ex pansion which rendered iron next to usele.ss as a building material. Taking advantage of this in vention, which, as above stated, is both simple and cheap, your committee are informed that the Secretary of the Treasury has lately contracted for the erection of the marine hospital at New Orleans wholly of iron. In the proposals issued by the Secretary for bids for the erection of this edifice iron was brought into competition with brick; and the result discloses the fact that an entire iron building, completely fire and lightning proof, with a beautiful and elegant external iron veneering, resembling in appearance the marble veneering or facing of the Capitol extension, may be erected in many localities cheaper than an edi fice of common brick. In the process here referred to clay-blocks or plsc are inserted between the outward and inward facings of the walls, by which the temperature within is rendered comparatively equable at all seasons. Referring to the rapid increase in the use of iron for building purpo.ses, (not less than 19,000,- 000 pounds having been used by the United States Treasury Department alone, according to a letter from Capt. A. II. Bowman, cngineer-in- chief,) the committee express satisfaction at the prospect that “an impulse will be given to the iron trade which will largely increase the produc tion, and at the .same time promote the prosperity of this important branch of American industry.” In a lecture delivered not long since by Mr. Hewitt, a distinguished ironmaster, the consump tion of iron was considered a.s the standard by which the progress of civilization is measured. In concluding their report the committee remark that “the application of iron, even for partial pur poses connected with the erection of our public edifices of various kinds, has been made with en tire success, so far as regards strength, economy, and durability, and is a most important step in developing this branch of our national industry and putting it on a permanent basis, provided its ^ture growth is not impeded by any partial leg islation to its disadvantatie.” Messrs. Editors:—Your remarks In the .M„ day’s Observer, respecting the Taxes assessed to be collected the present year to meet the inu rest upon the Town Bonds, brings to mind .soj observations made by you, through the sauu' dium, one year since, commending the actk.n *^f the then Board of Commissioners iu asscs.sinJ Tax sufficiently largo to meet the interest uf ^ became due, and also to lay the foundation foV^ sinking fund for the redemption of the hoLl when they came to maturity. Some of our • '' zens then thought tho tax unnecessarily larit^'^* the bonds were not disposed of; but the't—^ generally were freely paid, thinking that wk' was not wanted to meet the interest, would h vested in the sinking fund, and there left tf cumulate until it was wanted. My object noV'- to make some little inquiry respecting this in^ fund; and to know who arc the sinkiug fn i Commissioners? It is a matter of importance'^ our Town, and tax payers would be have some light upon the subject e i!i- RAILROAD PROGRESS. Some interesting facts in regard to this subject are gathered from the annual report of the rail- ,road commissioners of New York: “The first railroad constructed in the United States was the Quincy road, built in 1827. The first passenger railroad was the Baltimore and Ohio, which was opened with horse power for fifteen miles in 1830. The Mohawk and Hudson river road was opened for public travel with horse . ^1 I, * • 1 J • L If - , power in the summir of 1831. Locomotives were ^‘rg^dy tirst used in this country in 1831 on the Mohawk ,n,n tl.„ l..,rWr Th„ f,„., ,|,hough a nudsoD r»iIro.id, and in 188-2 upon the Bal- “A smile; who will refuse a smile The sorrowing breast to cheer? And turn to love the heart of guile, And check the falling tear? A pleasant smile for every face. Oh, ’tis a blessed thing!’ It will the lines of care erase, And spots of beauty bring.’* into the Parker vein! The fact man may now and then, in the very arrogance of wisdom say: “I was a fool to do so and so!” yet he never means it It is much safer to consider that every man’s definition of a fool is, “what everybody else is, but which he can never be himself!” In other words, every ?nan is his own Solomon! But we must not trench upon egotism, which is a distant relati(m of folly. From our own experience we should say that fools, whether April or the common year-day fools, were happier than the philosophers, who, after all, may be the prince of folly. To a sane eye, what a fool Adam was to eat apples! or Alexander the Great to cry for another world to devastate! Julius Cuj.sar wrote himself down an ass when he would sign Impcrator! Solomon, writing books, tells terribly against his wisdom, and the Queen of Sheba settled him! Oliver Cromwell had much better have stuck to the mashtub, instead of brewing storms of State. Horace Greeley had been happier had he reinain- timore and Ohio, and on the South Carolina rail road. In 1828 there were but three miles of rail road in the T.^nited States; now there are twenty- one thousand five hundred miles! On comparing the safety of railroad travelling on the roads of this State with those of Great Britain, it is found that for the last four years there were a greater number of passengers killed and a less number injured upon the roads of this State, in proportion to the number carried, than upon those of Great Britain. In this State one passenger was killed out of every 1,262,165 who travelled, one either injured or killed out of every 841,125. One passenger was killed for every 47,164,426 miles travelled, and one was either injured or killed for every 12,747,142 miles travelled. Excluding all the accidents growing out of the imprudence and fault of the passengers themselves, it appears that one was killed out of every 6,310,828 who travelled, and one was either injured or killed out of every 664,300. Power of the Human Eye.—George Pitt, after wards Lord Rivers, declared that he could tamo the most furious animal by looking at it steadily. Lord Spencer said. Well, there is a mastiff in the court-yard here which is the terror of the neigh borhood; will you try your power on him?" ed on exhibition at Barnum’* as the white niwer, T'L Eieluding the accidents caus- instead of getting up bleeding Kansas; ^ cd by their own carelessness or imprudence there - o 55 r o xvas but one passenger killed for every 230,822,- Dear reader, we cannot be too thankful, that 132 miles travelled, and but one either injured we are not, like the rest of our fellow creatures, or killed for every 24,823,S82 miles travelled. A liable to be made April fools of, at all events, for vast number more lives would have been lost if nearly another year. j}jg game number of passengers had been convey ed the same number of miles in one-horse wagons or in the old fashioned four-hor.ie coaches.” “7 ictVl yiv€ as much as Williams.”—And W'illi ams, who is thus chosen as the standard of contribution, is known to give as little as any , member of the congregation; so that this is an Pitt agreed to do so, and the company descended excellent mode of refusing to give for some cha- to the court-yard. A servant held the mastiff by ^ ritable object, and at the same time retaining the a chain. Pitt knelt down a short distance from ; credit of liberality. But who is Williams that the animal and stared him sternly in the face, j you adhere so closely to him? Christ says we They all shuddered. At a signal given the mas- i are to give from self-denying ability, and not ac- tiff was let loose, and rushed furiously towards { cording to the deeds of others. Besides, you do Pitt; then suddenly checked his pace, seemed ! not understand his accounts. He may really be confounded, and leaping over Pitt’s head, ran | unable to give half as much as you think he should, away, and was not seen for many hours after, j and he may have perfectly satisfactory reasons During one of my vi.?its to Italy, while I was ^ . > walking a little before my carriage, on the road near Vienna, I perceived two huge dogs bound ing towards me. I recollected what Pitt had done, and, trembling from>head to foot, I yet had resolution enough to stand quite still and eye them with a fixed look. They gradually re laxed their speed from a gallop to a trot, came up to me, stopped for a moment and went back again.—Rogers’s Table Talk. The Beaufort Journal says that on board the schr. Emily, which it will be remembered was abandoned on a voyage from Charleston to Beau fort, last winter, were two slaves owned in the latter place. They, with the rest of the crew, were taken to Liverpool, where they were at per fect liberty to remain free, but they did not hes itate in signifying their preference for home, and have now returned to their duties in Beaufort. for his conduct, which he does not think it neces sary to disclose. And supposing him to give far less than his ability; if you insist on reaching his standard of contribution, you must also expect to reach his standard of contractedness, and conse quently be exposed, as he is, to God’s displeasure. No, let W^illiams do as he plea.ses, do you act as responsible for yourself to God. As it is, when A breaks his arm, B looks around to see how much C will give, thus showing a more libe ral disposition with his neighbor's money than with his own; thus almost every purse is closed until C opens his, and consequently benevolent enterprises languish and sometimes die, because one stands looking at another. However, the time is soon coming when you must surrender every thing, and you would do well “to make to yourse^ friends of the unrighteous mammon, that when ye fail they may receive you into ever lasting habitations.’’ to pltMSeii In By reterence to a statement of tlie Town Treasurer, dan’v 1 ’57, I find there was on haml at'that dur 84,744 24. Interest on bonds sold, due that 81425. Is that balance invested, as it shnulj C] iu a sinking fund? Will our (Jity Fathers Cw? promised to do so much for the benefit dt ^ Town) enlighten us? Tax time will so.u be^at hand, and our citizens would be pleased to kuow how our cash account stands. Let us have the desired information before we are called upou ti.r more. We pause for a reply. ’ This is written by no opponent of the work ti of the tax; but by a warm friend of the former, itid cheerful payer of the latter. FOR THE OB.SERVER. AMERICAN MKETING IN .MOXTGomkkv Troy, April 8, Is.-,7 After a short notice, a large asseuihlatre of the citizens convened in the Court House Tii, Meeting was organized by the appoiiitm,nt oflif J. H. Montgomery, Chairman, and ,Juhu S Chambers, Secretary. The Meeting being organized, on motion a com mittee of three was appointed to draw up Ke.so lutions expressive of tljc object and will of the Meeting. The Committee consistins; of S H Christian, David Bruton and Alvis Jordan hav ing retired, the Meeting was ably entertained bv -M. Q Waddell, Esq. ot Chatham, until their re turn, when through their Chairman, they report ed the following Preamble and Resolutions which were unanimously adopted: Whereas, We the people of Montgomery oountv view with the deepest interest the importuDce of the next Congressional election, and much regret that our able representative the Hon. E Reade has on account of ill health decliaeJ u re- election. Therefore Resolved, That the Chairman ap- point twelve delegates to meet with other.-, up. pointed from the several counties iu this Oou gressional District, in a general Convention, anJ nominate a Candidate to represent us in the uex’ Congress. Resolved, That we recommend said Coiiveniinn to be held in Graham, Alamance county, on tht 20th of May next. The Chairmau then appointed the followitifr delegates: S. II. Christian, E. G. L. Barringer, I'i- lote Fry, D. S. Pemberton, John S. Chambers, Jeremiah Luther, A. McLendon, Jesse Spencer, C. J. Cochran, Zebedee Russell, E. J. Christian and J. T. Bruton. On motion, it was Resolved that copies of thwc proceedings be forwarded to the Argus, Observer and Register, with a request for their publicatiou. J. H. MONTGOMERY, Chm'n Jons S. Chambers, Sec’y. The Bird and the Bee.—It happened once, in a hot summer’s day, I was standing near a well, when a little bird flew down seeking water. There was, indeed, a large trough near the well, but it was empty, and I grieved for a moment to think that the little creature must go away thirsty; but it settled upon the edge of the trough, bent it.« little head forward, then raised it again, spread its wings, and soared away singing; its thirot wa> appeased. I walked up to the trough, and there, in the stone-work, I saw a little hole about the size of a wren’s egg. The water held there had been a source of revival and refreshment; it had found enough for the present and de,>*ired no more. This is contentment. Again, I stood by a lovely, sweet-smelling flower, and there came a bee, humming and sucking; and it chose the flower for its field of sweets. But the flower bad no honey. This I know for it had no nectary What then, thought I, will the bee do? It came buzzing out of the cap to take a further flight; but it spied the stamina full of golden fa rina, good for making wax, and it rolled its legs against them until they looked like yellow hose, as the bee-keepers says; and then, heavily laden, flew away home. Then said I: “Thou earnest seeking honey, and finding none hast been satis fied with wax, and hast stored it for thy house, that thy labor may not be in vain. This, like wise, shall be to me a lesson of contentment ” The night is far spent, the dark night of trouble, that sometimes threatened to close around us; but the day is at hand, and even in the night there are stars, and I have looked out on them and been comforted; for as one set I could always see another rise, and each was a lamp showing me somewhat of the depth of the riches of the wisdom and knowledge of God. The Retort Courteous.—Chesterfield was at a rout in France where Voltaire was one of the guests. Chesterfield seemed gazing about the bril liant circle of ladies. Voltaire accosted him: “My Lord, I know you are a judge: which are the most beautiful, the English or the French ladies.'' “Upon my word, replied Chesterfield, with his usual presence of mind, “I am no judge of paint ings.” Some time‘afterwards, Voltaire being in London, happened to be at a nobleman’s party with Chesterfield; a lady in the company, prodigiously rouged, directed her whole discourse to Voltaire, and engrossed his whole conversation. ChestertieU came up, tapped him on the shoulder and said- —“Sir, take care that you are not captivated. “My Lord,” replied the French wit, “1 scorn to be taken by any English craft under French colors.” Capt. John Alline, aged 78 years,—a hero of the last war with Great Britain, to whom the cit izens of Boston many years ago presented a val uable sword for services therein,—was married on the 19th of March in Harrington, Maine, to Miss Joanna Strout, aged 73 years. Capt. A re sides in Brookline, Maine. The N. O. Courier of the 4th inst., says, flowers are gladdening us in profu-se abundance, and strawberries are quite plentiful, with no lacK J other fruit—such as plums of home growth, and nanas, oranges, &c., from yet more Southerly climes. Vegetation generally, is rapidly assuming a summer luxuriance. A Superscription.—A day or two since the Treasurer of the United States received a letter on public business with the following superscrip tion, written evidently, in dead earnest. “You night E D Stats Treser.”