f iVIOlKUS' DEPARTMENT Hyittrtes f m Jak f Cak Tor years no one supposed that a piece of soft coal dug from its mine or bed in the earth possessed any other property than being com bustible, or was valuable for any other purpose than ns a fuel. It was next found that it would ;ifford a gas which is also combustible. Chem ical analysis proved it to be made np of hydro gen. vl process of time mechanical and chem ical ingenuity devised a mode of manufacturing gas and applying it to the lighting of buildings and. cities on a large scale. In doing this other iro.lucts of distillation were developed, until step by step the following ingredients or mate nils are extracted from it; 1st. An excellent oil to supply light-houses, equal to the best sperm oil, and at a lower cost. 2. Benzoic. A light sort of etherinl fluid which evaporates easily, and combining1 wjth vanor or moist air is used for the purpose of j citable gas lamps, so called. :. Xci.ka. A heavier fluid, useful to dis seize Gatta Pcrcl.a, Indi i Rubber, etc. 4 An oil excellent for lubricating purposes. 5 Jspiallum, which is a black solid sub stance, useful in making Tarnishes, covering roofs and covering over vaults. f. Parrafine. This is a white chrystaline substance resembling white wax, and which can be made into beautiful wax candles. It melts at a temperature of 110 degrees, and af fords an excellent light. All of these substances we learn by the Plough Loom and Anvil, are now made from the soft coal found in Kentucky, and manufac tured by the Breckinridge coal company at Cloversport, in that State. They have twelve retorts in operation day and night, consuming eight or ten tons of coal every twenty-four hours. One can hardly realize ns he takes a lump ol heavy smutty coal in his hand, that he holds concentrated therein, all these different ingredients chaiued witbin, and which a little heat properly applied will liberate and present in their separate forms, ready for the several purposes to which they are adapted. DctcriornUou of tbe Wheat Crop One Cause, Your columns have been occupied occasion ally for several years, with direct statements of .the fact that seed wheat is materially injured when threshed by machine, or with indirect and incidental allusions tc this fact, in articles treating of matters connected with it. The in. jury thus done to seed wheat has been frcquent- ly set forth as a reason why the Quantity of seed formerly sown and deemed sufficient for an acre should now be increased considerably, as a large proportion of the kernels are usually broken or otherwise injured, as to make it im possible that they should germinate. The in jury thus done, has also been presented as a probable cause of young plants being feebler and slower of growth, and consequently more liable to attacks of insects, wevils, &c than if the produce of sounder and plumper seed Deeming the considerations above named, and the changes in ripening and threshing, wheat intended for seed, which would naturally follow from practicing according to these con siderations, of no little importance, I have been gratified to see the question in my caption dis cussed with ability and earnestness by a writer in one of the best, and one of the neatest ap pearing journals of the west, namely, the Wis consin Farmer. This writer, who says he is neither a farmer nor a man of science, lends the sanction of his authority that of a man of good judgment to the views which have been named, as often presented and inculcated in your pages. lie says that in Wisconsin the question is often asked, "Why cannot our state raise as good wheat as she used to do before about 1850?" In reply to this question, this writer, who uses the signature of J. C. L , Juneau, Wis., states that when the country was first settled the inhabitants threshed en tirely with the flail, and were accustomed also to save the ripest and best of the grain for seed. To secure the ripest and best they were in the habit, ttiav of them, of throwing down the basd.'es and beating the tops uutil that portion thai 77dr completely matrrcd, nnd most easily, therefore, freed from the hall, had been thresh ed out. "The bundles were then thrown back upon the mow and reserved for the mill." By this course thc very best of the crop was 6aved for seed, and secured whole and uninjured whereas it is generally allowed that the mach ines now used break the largest and best kern els, and injure a great many so as to put them beyond all possibility of germinating. I have been informed by those who have been at the pains to investigate this subject, and to examine wheat after threshing, that they have noticed many kernels in which the little germ towards one end seemed to be beat in or scooped out, and at all events injured so as to appear quite unlike its condition in a sound kernel. These suggestions will receive, I trust, the consideration to which they seem to be well en titled, some at least among your readers, and by the farmers of New-York and other states, as well as of Wisconsin. If anyf your readers have reserved a patch of wheat for seed, and threshed it by flail, of late years, or threshed out some of the ripest in the way above men tioned, we would be pleased to be informed of the results observed in a subsequent crop. OBSERVER, Good wheat soil contains twenty times more lime than old, exhausted fields. Xo better time than oovr for-turning under stnbblt ground. THE FEMXUAL CRISIS ISO THE CEHttlL rlMPBim 0F THE COCHTRT. Freqneut record is still made in the journals of New York, Philadelphia, and Boston of the suspension of banks, merchants, traders, . and manufacturers; but notwithstanding the wide spread losses and embarrassments which these suspensions have occasioned, they have as yet produced no visible effect on the aggregate prosperity of the whole country. Nature has been too lavish in her gifts, our conutrymen too prompt in availing themselves of those favors, and the financial policy of the democrrtic party has been too successful in confirming within comparatively safe limits the schemes of enter prise and the expansions of trade, to admit of general embarrassment and suffering from the folly, extravagance, mismanagement or ruin of any class or eiasses of business men, whether their transactions have been in a private or a corporate capacity. hue the financial cir cles of the three cities named are daily and feverishly moved by partial stoppages and down right bankruptcies by the depreciation of real estate and by the hitherto vain effort of the bulls" and "bears" of the stock market to find a "bottom" every section of our broad Union is gladdened with glorious assurance that "plenty crowns the year." To quote from the Albany Argus: "The corn crop is now generally beyond dan ger of damage from frost. On some low lands and in the hilly regions where the soil is not udapted to this crop, it would probably sustain some injury, but in the good corn-growing dis tricts it" is now safe. Thjs may well be a mat ter of congratulation not merely among farmers, but alro amo g all classes of people. It crowns the year with plenty. All the other crops were already most bundant, and now the usual an nual supply of this valuable ahd extensive cul tivated article of breadstuff and provender is added to the luxurious catalogue. We heard of no crop which can be said to be a failure this year, except the potato. There was a very abundant growth of that esculent, but the 'rot' has done great damage to it in many parts of this State. We cannot speak of the extent of this injury i.i other States -and think it proba bly that the West, which is said to have a large extent of acres in potatoes this year, has escaped this blight." In this connexion, another New York cotem porary also remarks: The crops of the country arc the largest ever known; almost every section of our land reports bounteous harvests, and there is every pros pect of a good foreign demand at fair prices for all thc grain and flour we can supply. Through the troubles in india, and the general increasing foreign demand, our pork and beef, which have become important articles of export, will com mand probable double their average value, and we shall have a greatly increased supply The prospects for a fully fair crop of cotton are promising and prices are nearly or quite dou ble those of average years. Throughout the length and breadth of the land there is an un usual prospect of late fall pasture, and roots for the sustenance of cattle, which is a matter of more importance than is generally consider ed. California is sending us regularly more than forty millions of gold per annum, a con siderable portion of which remains in circnlation in the interior of our couutry. Emigration to our shores of a more thrifty class of people is steadily onward, and through the money they j bring, together wita their industrious habits, our western states are reaping a rich harvest. The time has happily passed by wh?n the agricultural and manufacturing Interests of the country can be almost ruinously affected by the operations of State bankers and brokers, or the corrupting, overshadowing influences of a "great regulator" or of the national currency and the exchanges. That there has been a se rious financial crisis in several of our largest northern and western cities admits of no dispute but we suspect that thc losses complained of are, to a very considerable extent, more nominal than real. I he enormous decline which has taken place in the value particularly of rail road property is the natural scqnence of ex cessive speculation of stimulating unsafe and unknown stocks to the point of gambling prices. As far as we have observed, the crisis" has not forced any railroad stock to any serious ex tent below its real intrinsic value, or prevented any company from declaring an honestly-made dividend. The decline, we fancy, has been from tbe ruling, fictitious figures of the speculators to the trying standard of real capital and real investments. In other words, no considerable shares of the enormous losses of Wall and Third streets must be counted as the anticipa ted profits of the "bears" and the unsettled differences of the "bulls."- There is no occasion for alarm or distrust, but abundant and abiding cause for joy and gratitude. As long as we can draw upon the cotton-fields of the South and the factories of thc East, upon the teeming granaries of the middle and western States, upon the gold de posites of California, aud the iron and coal de positcs of Pennsylvania and Virginia, and as long as our industrial interests are blessed as they have'beeu, and continue to be, in a re markable degree, by a kind and beneficent Providence, it is cuite likely that the great mass of the people will not be seriously incon veueed by the money panics and money disas ters oi any city :n The Lmioi!. Lfct of Lost KtraTrdo'pr, Taking a retrospect, with a view to recount the various catastrophes which have befallen ocean steamships owned in or trading with the United States, we Gnd that the following have been entirely lost. uYivie. luitc. I'aluatimi. President, ' Xever heard of 350,000 Columbia, Ail hands saved 300,000 nuraboldt, All hands saved 500,000 City of Glasgow, Xever heard of 200,000 City of Phila. Ail hands saved 300,000 Franklin, All hands saved 480,000 San Francisco, A few saved 300,000 Aictic, A few saved 100,000 Pacific, Xever heard of 680,000 Tempest, Xever heard of 300,000 Central America A few saved 140,000 $4,250,000 E.clusive of about $1,600,000 in specie. All thc talk about "temporary suspen sion," "speedy resumption " etc.. by the Phila delphia Banks amounts to just nothing, in the face of the fact that they are urging upon the Governor of Pennsylvania to call an extra ses sion of tbe Legislature of that State, for the purpose of giving them pardon for the past and security from the future Tbey want the Leg islature to repeal the enactments by which the banks forfeit their charters and incur other penalties in case of suspension. They want, not only to escape tbe legal penalties of the existing suspension, but also free license to stay "suspended'' as long as tbey please. Xot much like "speedy resumption." Wil. Herald. hufiTH CAROLINIAN l fi.C Trial ofSrs Gardiner, Charged with Poisoning her Husband Her address to the Jury. The court room was crowded nlmostto suffo cation before the court came in. Before the Jujge's charge, Mrs Gardiner, with great emo tion, aud with tears and sobs, spoke as follows; "I have much to say, but I do not know how to say it; T am here, teeltle ana iow, uui i nave ow, but I done nothing which should pumieiu i.napiace; ' ' .... .-i . :!.: i I feel that I have been greatly injured -and si me; I Know mi i ' " "ce .vherl business to be here; but I am in a pl;ce w here Icanuot help myseit and 1 teei mat i nave no one to sav a word in my defence. ( tears enh, I fwi likft one all alone in the world with nobodv to help me at all; I am so faint and weak that I am hardly able to be here this morning; I. thought last night that I should be able to speak and to say considerable, but I am not. ."It is not because I am guilty that I can't say what I want to; I don't feel that I have done anything which would put me here; I jan declare before my Maker, aud before you yill, that I am innocent of thc charge which is mide against me; I tell you here I am innocent, s j have done everywhere; some one has done ,tbe deed, and lays it to me, and I alone hav to bear it; I feel like one dying by inches, and have felt so all the time (Renewed sobs., "As true as you are a judge in this cofirt, (looking him in the face,) remember, too. fftat you have a Judge in Heaven, who. judge yon for what you tier,- on the ' lfcstaay Deai mercifully with me, and spare me for the caI. ..r ..... ..V. : l.l ...... . 4 I ... . tA o on r jinn - nAfli ! to mens my own life; they hare been disgraced by what other have brought upon me; I do nt feel that I hnve done anything wrong my self; I know I have not done anything, there fore, I feel hat I have been injured by the ill feeling and prejudice of peojile against me, for which I am not to blame, sir, (great emotion.) "I would that God would reveal from Hea ven by His pure spirit, to your minds and hearts that I am innocent, and that you might know the s-wilty one." Tiic accused here took her seat, apparently prostrated by fcer leehngs, but soon rose again. She continued "I wocld ask that you judge me rightly, be careful that yon" do not condemn me, not knowing Trhat you do.'- Loafers ix a Fkinti.vg OFficE. -The com posing room of a printing office is not the place to tell long stories, or arue abstruse points in metaphysics. Head, ye loungers, and ue advised: A printing office is like a school; it can have no interlopers, uaigers on, or twauuiers, witn-! out a serious inconvenience, to say nothing of loss of time, which is inst as good as jjold to the printer, as though it metallically glistened in his hand. What would be thought of a man who would enter a school, and twaddle first with thc teacher, and then with the scholars interrupting the discipline of one, and the stnd ics of the other? Aud yet this is the precise effect of the loafer in the printing office.--IIe seriously interferes with the course of business, distracts the great attention which is necessary to the good printer. Xo gentleman will ever enter it and presumed to act loafer. He will feel above it, for no real man ever sacrificed the interests of interference with thc duties of others. The loafer does both. Let iiim think if he ever has, that the last place he should ever insinuate u worthless and unwelcome presence, is in the printing office. From the Philadelphia Press. From numerous poetical tributes to the memory of Captain Herndon, which crowd our table, we select the following, contributed by a Philadelphian. Its earnest truthfulness and simple pathos combine to make it most touch- lrr j IIERXDOX. Ay, shout and rave, thou cruel sea, In triumph o'er that fated deck, Grown holy by another grave Thou hast the captain of the urecJc. Xo prayer was said, no lesson read, O'er him, the soldier of the sea, And yet for him, through all the land. A thousand thoughts to-night shall, be And many an eye shall dim with tears, And many a cheek be flushed with pride, And men shall say here died a Man; And youth shall learn how well he died. Ay, weep for him, whose noble soul Is with the God who made it great, But weep not for so proud a death We could not spare so grand a fate. Nor could Humanity resign That hour, which bids her heart beat high, And blazon Duty's stainless shield, , Aud sets a star in Honor's sky. Oh dreary night! Oh grave of hope! Oh sea, and dark unpitying sky! Full many a wreck these waves shall claim Ere such anothcrs heart shall die. Alas, how can we help but mourn When hero bosoms yield their breath, A century itself may bear But once the flower of sueb'a deatfc.- So full of manliness so sweet : With utmost duty nobly done , ' . . So thronged with deeds, so filled with life, As though with death that life begun. It has begun, true gentlemen! ' No better life we ask for thee, Thy Viking soul and woman heart,' For ever shall a beacon be A Ftarry thought to veering souls. -To teach it is not best to live: To show thai life has nought to match Such knighthood as the grave can give. Thee "Bible Twaxg." Once upon a time an elderly Scotch woman gave her grandson the newspapsr to read, telling him to read aloud. The only reading aloud the boy had been much in the way of hearing was at the parish kirk, and he began to read in the exact tone in which he had so often heard the minister read. The good old lady was shocked at the boy's profanity, and giving him a box on the ear, exclaimed, "What! dost thou read thc news paper with the Bible twang?" Many a minister has a twang or a tone for the pulpit that he never uses in conversation. If a lawyer at the bar should address the jury in the preaching tone he would make them laugh when he wished to make them weep. Preach ing would be far more efficient in the ordinary tone, such as used between man and man; but many preachers pitch on a key so varient 'from their natural voice that they would not be re cognized unless they could be seen. Ncu York Observer. F AY E T T E V IL LE, M. C. The Launch of Che Great Eastern. The London News says: - As we have said, it is expected to take place in October, and will begin at 2 in the morning when the great Eastern will be moved down as the tide ebbs till ebe reaches Jow.-water mark exactly at low water. As the tide flows again she will, of conrse be floated off. moored in the centre of the riverand continue her fittinsrs. so I 31 Q t r Xxr. ....,1.. fV . V-- -t - ... - l USeif'- tbe histant thc shores w. knocked aw n , . h , - probably strand itself on the opposite side of the river. To prevent this catastrophe massive chains are fastened to the cradles, which are passed through double sheaves secured to clumps of piles driven 35 feet into the solid earth. The ends of these chains, after passing twice through the sheates, will be attached to windlasses, so that men working on them may slacken the speed of the ship, or even stop it al together, if required. While passing over the first 200 feet of the "ways" great care must, be used; but that dis tance once safely accomplished, the Great Eastern may be safely left to find her own way into that element on which for year's to come she will be regarded as a marvel and a wonder. The great extent which the launching "ways" cover diminishes the weight per square foot which they will be required to bear to little more than three-quarters of a ton. The ordi nary weight over launching "ways" is 2i tons the square foot, though launches are frequently matte in .London at three tons. A tell-talu in dicutor wrl be faxed to the two c'rarlls kv that. any difference that may occur in the rate of descent of each will be immediately rectified by the check tackle. In Austrian Tlew of England's military Spirit. The following is an extract from an article in the Oeslerrcidiische Zieiluni "The cry of vengeance which was raised in England as soon as the cruelties committed by the Indian mutineers became known was but natural. Women and ebildren can cry for ven geance, but men ean do more. It is a remark able fact that not one band of volunteers has yet offered to proceed to the seat of war. The universities, the public schools,- the factories the cottages of the peasants, have not sent forth one man with his gun or sword in his hand. In any other country thousands would have been carried away by their feelings, and offered their services at such a highly-critical moment. When the United States Were at war with Mexico ten times as many volunteers presented themselves as could be accepted, Tot oulv vouutr men belonsrinir to th first nnrl richest families, but even gray-headed fathers of families hurried to the scene of action ad served in the ranks. The taste for deeds of arms is almost extinct in the Luropean- brach of thc Anglo Saxon race. It is only for lucra tive applicants. The lower classes, when en listed and paid, do what they are bid; but when the times are prosperous and wages high, re cruits are not to be found. In fact, the English army has almost become a myth." JBgylt will no do-nbt be gratifying to the friends of Mr Jno. V. Dobbi, of Fayetteville late Purser in the Navy, to know that he ien dered the officers of the ill-fated steam-ship Centra! America important services, and did all that man could do, ere the waters of the ocean swept over the decks of that luckless ship and engulfed him, with hundred others,, in its waves forever. The testimony of the chief engineer of tbe ship is to this purport. Mr Dobbin was returning from the Pacific where he had been engaged as purser on board the United States sloop of war Portsmouth. He is known to have left the deck of the steam er a few minutes before she went down, and, it is supposed, was in his state-room at the time of the fatal catastrophe. Wil. Herald. V IEUXTEMP3 Comixg. The announcement that the greatest living master of the violin, Vieuxtemps, is about to give a concert here next Tuesday will be hailed with delight by those who appreciate the highest order of mu sical genius for Vieuxtemps belongs to that class. What wonderful compositions are his! What soul as well as science marks his works! Well may people wish to hear him recite them since no one but himself can do full justice to them. He has no rival as a performer, and we find that he is every where appreciated as poss essing a most remarkable musical individuality. Thai berg, the king of pianists, and Madame D'Angri, the famous eontralto sin-rer, Rocco. wmi oiiinrs, win be associated with the owned Vieuxtemps in the concert, which ren will oe a Dnuiant affair Wash. V imon. Attempt to Escape. 1 he J5r. brig Sigone, which cleared from this port for St., Domingo, came to anchor at bnnthville, and, one of the crew hearing a noise as of some person beinsr in the hold nf tl. sel, informed the Cantaiu of the fact, trim wont ashore and reported his suspicions to some per- ai.o mure, inat some one was concealed on board. A party immediately went to the 1 rib and made search, when they found a nero be longing to Mrs Piatt, of Smith ville, named Jno ljong, tine stevedore who stored the vessel ) ma wiiu, u uegro woman named Kose, be longing to Air J. L. Hewett, of Brunswick couniy. jonn liaa hxed a nice place for him- seii anu wile, and had laid in a rood snpply of piuviaivus ior me passage. Wil. IJerald. What a Newspaper Ought to Be. The Bos ion meager, in noticing a wordy warfare a- mougsc its cotemporaries in regard to what is termed a "leading" newspaper, says very troly: "A newspaper is not necessarily a bomb shell to blow everybody to pieces that happens l ut, wuen it goes through its morntnir ana evening explosions. It ought to place be- me ...ac, ii.gnest and most dignified pur poses, and to put forth all its exertion and en ergy to suceesstuliy work them out. Wrang ling ana snarling and personal quarrels the mass of the reader do not desire. They re- tuse to become parties to these practices. They want, opu auu rair comments on all transac tions ana events that can possibly interest mem; iney are ior tne earliest news from all quarters of the globe; they are fond of good temper and ganiality and common sense in the general make up of their favorite newspaper; and they very soon go to the right quarter to get these things. Raising the Central America. It is re ported that negotiations are going on between the Boston Sub-marine Armor Company and the underwriters of the Central America, to raise her hull, which is supposed to be iu about 28 fathoms water. The specie in her alone would furnish ample inducements for the ex periment, if her position can be aenrately fixed nrf that it can is Drobable, from the fact that Captain Herndon was reported to hare given. her position to the vessel wuicu rciutcu lums to his relief. THE NORTH G AROL.I Niil IV FAYETTEVlLLE, N. C, S;if m-M;fy, Oclober 3; t 85 . ' AV31. K. WISHT3IS. EDITOR. G. C. McCrcmmk; is our duly authorized agent Tor the collection of all claims dtfu this office. - TO ADVERTISEBSk Perfffns deirou? of the immediate insertion df their Kdvertlning faivtfru mut hand theirt in by THURSDAY AFTERKOOiN. tftltervfrise they will not ajtycitt iifit.il the succeeding week. Oiit ffie'rids tritl please hear this in mind as wc intcrtd tf make it a rule vsithvu exception. Frignteaed him Enujb.The last Spectator to'fnes to us freighted with nearly rt half dozen col umns of personal matter relating la ourself. "VVe will not again sacrifice cfhr self respect and forfeit that of all true gentlemen, by giving the slightest c'onfideration to anything emana ting from so profoundly contemptible a source- Our presence at Saluda Gap in spite of all his efforts to have ts arrested has already frightened hrn out of the few ;;wits originally possessed by him and we are willing to let the poof devil go with the "scare" we hare al ready given him. Rave On1,- my sprrnky liftle friend! yOuY size and age protects you! ABOLITIONISM IX IIOfc'TH CAtfOLIffl.- We have observed under the above and sim ilar headings a number of articles respecting a proposition1 lately submitted througn the col umns of the Askcbortt BidUtin atfd endorsed by the editor. What with our Rayners, Stanlys, Iledricks, Helpers and, Tast find Teast too, Asheboro Bulletins, the old North State must present a queer picture to the conservative men Of the Northern States. We at home do ho( consider them uanjrefous beca'iiR& that they are powerless, men witl'ibut .moral or political influence. They stand alone, a petty band of partizan fanatics wlrose whole' confes sion 6f potitical faith is conrpreh'end'ed iu the one sentiment, opposition to democracy. They exercise no influence; their opinions do not command respect,- and the public expression f their sentiments, no matter bow adverse to patriotism and good sense tlrey may be, is al lowed and riiichepked by any overt constraint' merely because of t'heir profound insignificance. But it is abroad that the pernicous influence of these irefY is felt. Weight and consideration is given them by those who do iiol know thi'm: Importance is attached fo their positions and professions of principles by those who man ufacture fanatic capftal out of the treachery, fol ly and. madness of sonthern notoriety hunters; tbey are held up as exponents of the public sentiment in thai; sectioW of country which itf cMshonoTed by their residence therein, and are declared to be the representatives of the man ly, independent, conscientious, intelligent por tions of their respective ccmmsiuties. It is thus that northern mxrn who aft inclined to dt us justice and whose' Conservative patriotism wonld otherwise overcome their m Or bid hostili ty to our institutions, are misfed and in thou sands of instances induced to join the fan&s of the Sontb's opponents. If we rebuke them for their fanaticism, they point us to these, our own fellow citizens, and tell us to convert our home iuGdels before we preach to the heathen a broad. A fools folly and a knave's knavery are never hurtful where they are known, appre ciated and guarded against but they are fre quently the agents of wrong at a distance, which wrong is ultimately reflected upon the interests and weitare ot those whom they can. not d'rectly injure at home, borne of these men are knaves, some fools and others both. If our cotemporary of the Southern Light, from whose paper we make the annexed extract, knew as well as we do in whicn category to rank the Asheboro Bulletin, he would not have complimented that sheet by noticing it even in such terms as the following. We have before us the North Carolina Bulle tin, of the 5th instant, which contains one of tbe most disgusting Abolition effusions that has yet disgraced the columns of a Southern journal. It openly and boldly proposes that tbe Federal Government shall tax the peoplp the slave holder as well as the Abolitionist, and turn slave trader with the capital thus raised, and purchase the negroes at two-thirds of their as sessed value, and colonize them in Africa. Jt does seem that the Federal Constitution has become absolutely obsolete, for no one who ever read that instrument, from which, the Fed eral Governnrent derives all its powers, could" come to the conclusion thfft stfch a power was conferred by that instrument on the- Federal Government. Stich unlearned traitors should be hung upon the nearest tree that would bear their weight. Argument and reason upon such would be tnro-wn avra.f.-Lynchburgh ( Va.) So. Light Heavy Rates or Interest. We have it from unquestionable authority, says the Fred ericksburgh Herald, that three per cent, .and three and a half per cent, per mouth, have been demanded and been paid in our streets within the last week! What pursuit, business, or engagement, will justify such rates as these? JSf-Presidcnt Buchanan declines visiting the St. Louis Agricultural Fair, on account of pub lie duties. jr-lt is said that the Roanoke, broke her back at Norfolk, new steam frigate on being launched Tbe expenses of tbe Cincinnati Fire De partment for the past six months, were 62,000. More Paper Makebs FjiiLiKo.Messieur A. C. & G. Curtis, paper manufacturers at Newton, Lower Falls, Mass., have f aapend ed operations, ; , . V n Vermont one person to every fifty-three is usable to read or write. That ia the black-repablican banner State, JKLITII Lifts - The jafrd Tor the organisation, euiptiiefit and other means of rendering effective he raiiitia in onr state, are either wilfully defective of cul pably neglected in tlieir enforcement. A mili tia parade is about as ridiculous a burlesque upon military science ns cbuld well be conceiv ed and if some improvement cannot be effected, it would be far better if the vh6le system wefe abolished. The arms employed on 6nch occa sions comprehend every species of gnn invented since the matchlock was superseded by the an cient flint and steel, from Jbe old revolutionary fusee, requiring a handful of pdwder and ft "pfrit df shot for charge; down through - every gradation of musket, riffle, single and double barrel to the little penny pop-gun with no lock; and a difa'jdduted stock. The tiiert are neith er furnished with nor rcqnired to Iiaye any ac coutrements, bayonet, be!t nOrtaftfidge box -rind when on rcgiraehtal parade the inspecting officer goes bis r6ufid, a brilliant report of the efficiency of the armament Le would make to' the commanding officer if he were a conscien tious, truth-abiding man, which is unfortunate ly seldom the case. A march of six or eight hours through the hot sun, or rain and mud as (he case may be; a few stupid evolutions which the men perform mechanically,- with no rooro idea of the word o'f co'mman3 than if it were spoken in high Dutch to the field bands on a Georgia cotton plantation; the discordant mnsic of a half dozen different old field bands, fevery soldier (?) marching to suit himself, and carrying his gun just as it may be most conven ient; a wearisome, straggling march through the dusty streets; a highfalniin speech from' the 'Gineral in Which he pays more nnderserv ed compliments ib' fiifT dirty battalions than a fashionable beau lavishes upon a ball-room belle, and tens more fi'bs than the "agonizing supplications Of a half dozen heaven-storming camp-meetrng cbuld gn'ih' forgiveness for; a far cial inspection cf arms; a blas't or two from a' trumpet or two; a' rattle cf the drnms, and the "muster" conclades the invariable after pieces being a general drunken frolic and a few dozeii roush and tumble iichtff. As t6 the nraetionl' benefit accruing from the present militia system as it is enforced in this state Ve would like to' see them ptjinted otrt. The manual of arms is not. and cannot be. practiced.- OWincr to the lack of suitable arms" a'n'3 accoutrements; the ordinary manoeuvres of a regimental' parade are not, and cannot be,- understood, because of the unfrequency of the occasions upon which they are practiced and', the fact is, the whole con cern is such a burlesque, such a mockery of tactics and military training that every mart' who can possibly afford it, and a great many who fegitimately cannot, will pay their fines rather tliari be subjected tolhe ridiculous or deal df a regimenfal parade. There ought to be, in ustiee to the. interest of the peojile, fbr which interest these militia laws were enacted1 (els' why their enactment or enforcement at all?) a remodelling of the entire system". The state should furnish niusKets and accoutrements to at least tftose portions of thd. militia forces within a reasonable" distance of any state arse nal. Commanding officers should bd compelled' to' fulfil the duties of their respective offices" to' the letter. Amid the multitudinous hosts of G'enerahf, Colonels' and Vnjors, to say nothing of thd myrmidons of inferior officers, with which the country" abounds, we venture the assertion that not more than one out of fifty" can put a copor'ats' gu.ffd' thr'Ough die -manual df arms, and that h a very liberal' Calculation of the rela tive amount of military capacity on the part of those upon whom devolve the dnty and' obliga tion of instructing the rank and file. If we are to be at all benefitted by the mili tia system, pray let us have one .whose opera tion will be productive of something more than1 trouble, inconvenience, annoyance and r dicu'e or else abrogate the whole concern, and save people the unnecessary tax now levied upon those whose time is consumed and whose con venience is sacrificed for a miserable pretext, a ridiculous, contemptible caricature upon mili tary science. A week or two hence there is to be a regimental muster here. Nous Verrons. The Monetary Crisis. Dye's Wall Street Broker, speaking of the bank panic says: "Dark financial clouds have frequently hung over Wall Street. But the oldest broker has no recollection of ever, seeipg the horizon 60 completely blaekas it seems this tuornitig. ot a single" bright spot yet appears, and tbe Fi nancial Storm continues to increase. Many had been gazing at the dark cloud which hung over the little state of Hhode Island, fof it is weJJ known that the banks of that state bold a very large share of our railroad bonds, and it would not create any 'very great surprise to hear of a general suspension of all the Rhode Island Batiks. But while the multitude were gazing to tbe Eastward, behold a darkef gath ering is seen hanging over the State of Penn sylvania some of the oldest buttUs having al ready failed, and a great run is feeing made ort nearly all the rest iu the City of Philadelphia, All this is going on, and yet there appears no abatement in the fury of the storm. Darker ness, thick financial darknesss, surrounds us, leaving not one single spot yet visible. Tho only hope left is in the old saying The more violent the storm, the sooner the calm. Con fidence has received a severe shock, and in fact,, no bank can exist or benefit the community without publie congdenee. This prop is now craekinfir. which indicates tbe crumbling of the whole superstructure. These are no idle words but what we firmly believe may be looked for, and that before long. It has now gone beyond the power of the Press to allay the excitement, and it is ouly child's play to attempt to deceive the masses, because, iu so doing those attempting it deceive themselves. The whole financial world is sick, and we may look for frequent spasms before it revives. It has within itself mil the power to heal, and, with wise counsel, will soon choose the best remedy; and the diseased power will soon a- gain be on its feet, purgtd, cleansed, purified and more powerful than before. Something or a Yjl. It is estimated that the decline in the market rallies of Railroad Stocks in the last three months amount to ao aggregate of $00,000,000.

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