The Southern museum. (Macon, Ga.) 1848-1850, August 18, 1849, Image 2

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EDITED AND PUBLISHED WtF.tlT, BY W HI . B . II A It I£ I SO X . CITY PHI .V TE H . [for the southern museum.] EPIGRAM. “Knowledge is power,” an ituthor said, “Its reign is calm and strong— And monarch* never claim such wealth As doth to this belong.” Dot Locke and Bacon should have lived In Telegraphic times, Wfcerr people chat a thousand miles, And- make machines for rhymes ; For modern men have found the truth, Unknown for many a year, That money, ’stead of knowledge, doth The ruler’s signet wear ! POPE. From the Alabama Planter. Manufactures at the South. A somewhat animated discussion has been going on for some lime between sev eral of the Columbia (S. C ) newspapers, as to the expediency and practicability of the South entering upon a system of manu facturing. Whatever may be the merits of this controversy, one thing is certain, that public opinion iu the South has un dergone, within the past few years, a very considerable change on the subject of di. vetsifying pursuits. We see the fruits of it throughout the entire South, and no where, perhaps, more strikingly than in Scuih Carolina. All the pioneer cotton mills, so far as our knowledge extends, have yielded handsome dividends to the proprietors. The success, indeed, has been so satisfactory and the necessity of a change so apparent that we now see every where cotton factories springing up among uj. In view of the superior advantages possessed by the producing States over all other sections, there can he no doubt that with proper management, manufacturing as a settled system with us, will bring sa tisfactory results. With the raw material at our very doors, we not only can com pete with, but will soon be able to under sell our Northern neighbors in the mar kets of the world. In proof of this, one fact may he mentioned. Five or six years ago, this market was wholly supplied with cotton osnaburgs by the Lowell mills.— Now, scarcely a piece comes from that quarter. The Tuscaloosa, Scottsville and Prattville mills have furnished for some time nearly the entire wants of the Bection trading with this city, and latterly they have shipped large quantities of these goods to New Orleans. There, also, we have no doubt, the Alabama fabric will soon take the lead of the Northern article. Toe Tuscaloosa mill is preparing to man ufacture brown sheetings and other light goods, and when the supplies from that and other mills are of sufficient extent, we may look for similar results—and so in time, in regard to other fab. ics. But we are forgetting the main object we had in view. A correspondent of the Colnmbia Telegraph has arrayed a great many facts and figures to shew that the true policy of the South is to enter to some extent into manufacturing. This writer begins by saying : “If we trace the cause of the depression of the price of the Southern staple, we will find, that it is principally owing to an over production ; this over production origin ates from too much labor being thrown into one particular channel. Diversify labor, by manufacturing a portion of that surplus staple at home, and the benefit will be two fold—first, by rendering that portion of the labor thrown offfrom the old channel more productive, and next by be ing enabled to realize a better price for the remaining part which we have for ex portation. Experience has long proven that a crop of cotton of 1.5000.00 U bales, will bring, under ordinary circumstances, quite as much money to the planter, as a crop of 2,500,000 bales. '1 he reason of it is very apparent. If we raise but 1,800,000 bales, after taking out a half million bales, which is required at present tor domestic con sumption, we have but 1,300,000 bales for exportation. This amount is barely enough to supply the wants of the foreign manu facturer —the consequeuce is, that accord ing to the laws of supply and demand, he has to pay more for it than if the quanti'y were larger. But the crop of late years has averaged very near 2,500,000 bales, and we are compelled to throw 2,000,000 bales on the market of the world, which being more than the demand calls for, has the effect of causing the price of it almost entirely to be regulated by foreign manu facturers and speculators. But the culture of cotton has been push ed of late years to such an extent, that without a failure, 2,500 000 bales is likely to be an average crop for the future, and the question arises, how is the price to be raised, and the welfare of the South to be permanently effected ? The answer is at hand. Let the South manufacture a por tion of her cotton herself, and the object ■ n view will be accomplished. To explain this matter better, let us as sume,that the South would adopt this poll C y, and each of the cotton growing States, ten in number, would manufacture but K O,OOO bales yearly ; this would give us a hvnumption of 500,000 bales in the South add to this, the amount consumed by the Northern Stales, say 500,000 bales more, and it will give us a home consump tion of 1,000,000 bales. Now let us see the result of it. In the place of exporting now vviib a full crop, about 2,000,000 hales, we would then ex port hut 1,500,000 bales. The effect of thus diminishing our exports a half mill ion bales yearly would he, that we would no longer he compelled to cast ourselves at the mercy of foreigners to beg a pur chaser ; we could, in fact, regulate the price of it ourselves, and in the place of G to 7 cents, being now the extent we can obtain, 9to 10 cents would then be the average price. It must be admitted, that there is per haps no portion of the face of the earth which abounds so much with all the ele ments of greatness, and no people possess more means at their command to become wealthy and independent, than the people of the South : yet how little have they ta ken advantage of it/ It must be likewise admitted, that the cotton planter, under present circumstan ces, has to work harder and receives less remuneration for the amount ts capital which lie has invested, than any other class of men, and while the very staple which he produces enriches almost eveiy one, he himself is the least benefitted by it. The reason of this is very obvious.— Every hale of cotton he sells more than triples in value from the time it leaves him till he buys it hack again, if it he even eolton shirting. If lie receives $25 per bale, the manufacturer, with not half as great an outlay of capital as it takes to raise a bale of cotton, receives at least SSO to manufacture it into goods ; he creates therefore more than twice as much wealth, with not half as much capital, as the cot. ton planter. To fortify this position it is only neces sary to refer to # statistics whose authority is indispuiahle. McCulloch, in his Ency clopedia of Commerce, published in Lon don in 1847, estimates the amount of A merican cotton consumed by British Man ufacturers at about 500,000,000 pounds. The present average value of cotton in England, is about 9 cents per pound, and the aggregate cost, of this cotton to the British manufacturers, is therefore about $45,000,000. At this rate, the highest a mouut the American cotton planters can receive, would he, (after taking the ex pense off’,) say 7 cents per pound, the sum of $35,000,000. According to the estimate of tho same author, the value of British Cotton Manu factures in 1847, was about .£‘42,000,000, or nearly $186,000,000. It is estimated that the amount of the capital invested in the business is about the same as the value of the product per annum. As the Amer ican cotton constitutes about four-fifths of the entire cotton consumed by the manu facturers in England, the capital required to manufacture the same will be about $150,000,000, and tho product about the same. It will thus be seen, that through the combination of British capital and skill, $150,000,000 is produced out of the cot ton for which the American planter re ceives hut $35,000,000 ! and that after ta king off the raw material, the amount of wealth thus created by the British cotton mills, is the nett sum of $115,000,000. Now let us estimate the amount of cap ital the American cotton planter will have to invest to produce the same cotton. Allowing about 200 pounds to be the product of an acre, it would require about 2,500,000 acres to produce it, which we will estimate at an average cost of sls per acre, making about $37,500,000. To pro duce this, it will lake at the rate of 2,000 pounds per hand, about 250,000 slaves, at SSOO each, making the value of the slaves about $125,000,000. Thus the land and slaves together, with other necessary items such as farming utensils, mules, horses, cotton gins, buildings, &c. would exceed the sum of $170,000,000. In making a comparison m the matter, the case stands thus : The planter invests $170,000,000 to produce about $35,000,000 worth of cotton ; the British manufacturers employ a capital of $150,000,000, and produce a bout $115,000,000 worth of goods, after haviug paid for the raw material. So much for the productiveness of Bri tish capital in manufacturing American cotton, and American capital in producing it. Again. The British manufacturers em ploy about 540,000 operatives. To work up the American cotton, it will take about four-fifths of that number, say 432,000 hands, divide the above $115,000,000 a mong them and they will have $266 as the value of product per hand ; divide the net receipss of $35,000,000 among 250,000 hands, you will have $l4O per hand for producing it, less by $122 per annum sot each hand in the production of the article, than is realized by manufacturing it. If we come nearer home, we will find the case precisely to be the same. In five of the New England States, New Hamp shire, Massachusetts, Maine, Rhode Island and Connecticut, the capital employed in the business is estimated to be about $50,- 000,000, and the product about $45,000,- 000 per annum. Deduct 33s per cent,for the cost of tbe raw material, labor except ed, say $15,000,000, and you have as the nett product of industry $30,000,000, be ing the actual creation of wealth in these five States by the manufacturing of cot ton. The total cotton crop of the United States for 1848 is estimated at about 100,- 000,000 pounds. If it averages 6 cents per pound, it will bring $60,000,000. To produce this, it requires, according to the basis assumed, a capital of $340,000,000. In order that the Southern planter should create wealth as fast as the North ern manufacturer in proportion to the a mount of capital employed, the crop ts 1848 should have brought $200,000,000 in the place of $60,000,000. I have said at the outset, that the South ern Stales possess the capacity to manu facture at least 500,000 hales of the raw material. This would be consumed in the manufacture of coarse fabrics with tvhich the South could defy competition. I will now examine what effect this policy would have. I have already shown that a per manent advance in the price of cotton would be bound to follow, say from 2 to 3 cents, j to be very limited, let us say hut 2 cents per pound, it would give to the South on 2,000,000 bales, allowing 400 pounds to he the average weight per hale, at least an increase of $1G,000,000 yearly. The 500,000 hales which we would manufacture ourselves would he worth, at I $25 per bale, about $12,500,000. As the J raw material usually costs about one-third ! of the manufactured goods, the product of! it would he about $37,000,000, leaving twenty-five million dollars for the labor! and profit to the manufacturer, and if we add to this the sixteen millions, the South J would become forty one million of dollars richer every year.” The Pacific Railroad. At a meeting of the New York Cham ber of Commerce, held on the 7th inst., Mr. J. P. D. Ogden, in behalf of the com mittee, read the following Report on ihe construction of the Pacific Railroad, as projected by Mr. Whitney : The. Committee appointed “ To enquire in to the expediency of any action, on the part of the Chamber, in relation to the proposed Railroad of Mr. Whitney to the Pacific," respectfully submit the fol lowing Report: Tho acquisition of California, the dis covery of its mines of Gold, the probabil ity that it must soon become one of the States of the Union, with the prospects thus opening for an extended commerce, and new branches of trade with the East ern world, are considerations which give to the subject before us, a great and in creasing importance. It has become necessary, in the opin ion of your Commit'ee, to identify the in terests and the feelings of our people who now occupy the shores of the Pacific as well as the Atlantic ; and, accordingly, the opening and completion of a great public highway, to connect the two Oceans, becomes essential as a medium of international communication : it is de manded not only in aid of the purposes and pussuits of trade and commerce, but is required in order to unite by the bonds of mutual and common interest, the peo ple of all the States of the Union. The undertaking, however, is one of no ordinary magnitude, being no less llian the construction of a great National Road for a distance of more than two thousand miles, the greatest portion traversing a country uninhabited and almost unknown. But when we reflect upon the probable consequences to our Republic, of this distant acquisition —the diversified charac ter and extent of the interest at stake ; the increasing demand that must arise, as the necessity becomes more apparent, for the facilities and advantages to be afforded ; the swelling tide of emigration that would press onward in that direction ; and the incalculable benefit, in a national point of view, both for peace and war, that must at tend tbe progress and success of so useful and yet so magnificent a project, your Committee are irresistibly led to the con clusion that a pressing necessity mav be said already (o exist foi such a measure, and that, accordingly, the time has arri ved for Congress to act on the subject; be lieving, that with the energies and perse verance of our people, a work of this kind, planned with due precautions, and con ducted under proper regulations, might be accomplished wiiliin a reasonable time, and therefore should he undertaken with out delay. Several plans have been submitted for the accomplishment of this object. That of Mr. AV hitney is for a Railroad from Lake Michigan to St. Francisco,Oregon— the cost to he defrayed by the sale of the public lands along the route. The promi nent features of bis plan are as follows : The public lands for 30 miles wide on each side of the contemplated road—esti mated, for the whole extent, at about 80 millions of acres, are to be set aside and appropriated to him for this object—Mr. Whitney payixg therefor, at the rate of ten cents per acre, after the road shall be completed. In cases where the lands thus contigu ous to the road are already taken up, other public lands are to be selected in their stead. Mr. Whitney proposes to begin by making ten miles of road, estimated to cost $200,000. He is then to sell the lands for thirty miles wide, along one half the distance, or five miles, comprising 192,000 acres, to reimburse himself for the cost of the road ; and in this way he is to continue his progress, first construct ing ten miles of road, and then selling the lands along half the distance, so long as the proceeds of these 192,000 acres will pay for the ten miles of the road. The re maining 192,000 acres on each section of ten miles of road, comprising the lands along the other half of the road thus com pleted, are to remain in the hands of a Commissioner, and constitute a reserved fund, from the proceeds of which to con struct the road when it shall be found, as the work advances through lands less val uable, that the 192,000 acres sold by Mr. Whitney, together with the proceeds of the land along the other five miles, shall not be sufficient to pay for ten miles of road. Congress are to regulate and esta blish the rate of tolls, but the road, when completed, is to belong to Mr. Whitney and his associates. Incase the sale of the lands, thus set apart, shall reimburse the outlay for the cost of the road, and the sum to be paid to Government for the lands, then the tolls are only to be suffi cient to cover repairs and operations of the mad ; S4OOO per annum to be paid to Mr. Whitney, or his assigns, for superin tendence. Another pUn proposes to establish a post road or mail route, by means of a ; contract with Government, for the con veyance of the mail and passengers fr.im some point in the Valley of the Mississip pi to some point in California on the Paci fic. The se vice to commence in twelve months after the President of the United Slates shall have designated the points of commencement and termination of the route. A strip of 100 feet on each side of the centre of said road to be vested in the contractors, who are to receive a com pensation for performing their duty, and tobeenti led to the pre-emption right to iiot exceeding one section of land for each and every ten miles of said road, paying therefor at the rate of ten cents per acre. To be allowed to receive tolls at a fixed rate from all persons using or travelling over said road, and after a certain length of time the land of 100 feet wide, toge ther with t lie toad itself constructed there on, to revert to the United States. A third, originating at Boston, suggests a railroad from St. Louis to St. Francisco, to be constructed by a company, with res ponsible men as managers, having a capi tal of 100 millions, under a charter from Congress ; to be aided by a loan of 98 millions of U. S. stock, the remaining two millions, or 2,100 to be paid by the stock holders ; Government to take a mortgage on the road, if desired, in order to secure the loan of 98 millions, as well as the due performance of the contract: to appoint one-third of the directors, take one-third interest in the stock, and cede tp the com pany a strip of land 10 miles wide on the north side ol the road, and also sufficient land for the bed of the road, stations, &c. Objections are urged against the plan of Mr. \\ hitney, that it is too great an un dertaking for an individual, whether we consider the difficulties to be overcome, or the result to bo accomplished, and that such a road should belong to the people, or to the Government for their use, except such share as may or should be held by States, or Companies, or Associations, for tho purpose of practical management; doubts are euterlained, arising from past experience of some of the States, how far the sale of the public lands can be relied on to supply the means of construction, and it is feared by some that, after a short progress, this resource may fail. If, how ever, for a certain distance from the com mencement of the road, the 192,000 acres on each 10 mile section, should sell for more than the cost of construction, it is thought provision should be made, after allowing a reasonable cempensation for time and trouble, to pay over the surplus to the Commissioner, to be applied, if wanted, during the progress of the work, or if not required for that purpose, then to await the decision of Congress ; in order that on the one hand the road should not stop or be delayed for want of this fund, and on the other, if unexpected success should a'tend the sale of the lands, that the people might share the benefit. A further objection urged, is the unavoida ble delay that it is thought must attend the making of such a road from the sale of public lands, most of them, as yet, be yond the verge of civilization, and the va lue of which must be derived from the set tlements to accompany and follow the progress of the work. Fifteen or twenty years is the general estimate of time for its construction. It is sometimes thought that a quarter of a century might be re quired for its completion. As regards the post road or mail route, your Committee are of opinion that roads of that kind, although they have proved so useful and beneficial in their day, may now be considered, at least for the pres ent purpose, as behind the age ; for they would not be likely to meet the wishes and expectations of our people. If nothing else was in contemplation, or could be ac complished, such a road would, of course, deserve consideration, and while, as a pi oneer, it may find many advocates, yet even in that light, it would soon prove in efficient for the object in view, and might, and no doubt would, delay the commence ment of the only permanent aud efficient highway across the continent. The objections to the Boston plan, apart from the opposition that may probably be nelisied against an act of incorporation by Congress, of the kind proposed, exist in the emission of so large an amount of United States Stock, as well in the crea tion of the debt itself, as the distributing effect it might produce in the general mo ney market. Besides, this is considered in many respects too important a work to be accomplished by a corporation. Your Committee are also apprehensive that the expense of a work of this kind, construct ed with the proceeds of the stock, for an incorporated company, would be too great for the objects in view. The tolls, in such case, must be remunerative, and, there fore, high enough to pay interest and divi dends, besides repairs and the current ex penses of the road. It is accordingly feared that the rate of freight would be too high for the permanent interests of commerce to sustain This road, intend ed to be a short and direct route between Oceans and Continents, must, in order to answer its great ends, become a cheap mode of conveyance for the products of a great portion of the world. Having thus stated the principal plans that have been proposed, together with the prominent objections respectively ur ged or entertained against them, your committee respectfully submit, in their opinion, the sales of the public lands ap pear to present the only means likely to prove sufficiently unobjectionable, or that can be deemed both attainable and availa ble for constructing a Railroad to the Pa cific— for with respect to the delay that is apprehended from a reliance upon the resource, it seems evident that money a lone could not be relied on to compass the means to construct a Railroad of such extent through unsettled lands—popula tion must he induced to accompany its course, when by the aid and facilities it would afford, the settlement of the lands would necessarily follow their sale, and as a demand for labor was created, both labor and subsistence would be furnished at the same time, and the future progress of the national road would be accelerated according to the favor it might receive or deserve at the hands of the people and their representatives. And while it is considered that the practical views, detail ed information, and untiring zeal manifes ted by Mr. Whitney, give to his suggestions deserved weight and consideration, he is entitled to the credit of having presented to Congress—“the first matured plan for a Railroad to connect the Atlantic with the Pacific across the Continent.” The committee are also of opinion that the plan of Mr. Whitney, for commencing the road from Lake Michigan is the correct one— as well! on account of the quantity of un occupied land of good quality in that quar ter, lying for a long distance along its pro jected course, and which would he ren dered promptly available for the object, as for the valuable timber abounding in that region, so essential for the purpose of the road ; and still more perhaps for the great saving in the expense of transpor ting, to that starting point, the supplies i.f all kinds required for its construction. The precise course of the onward route could be decided on, after the proper sur veys had been made, and a lateral branch, whenever it should be found necessary, could be established with any point on the Mississippi, In addition to these im portant considerations, it is deemed of vi tal consequence—for all interests, that this international communication should be directly connected with the commerce of the vast inland seas of our Continent. Besides these advantages, and perhaps above all, the commencement of the road at that point, would furnish means for the shortest route across the Continent, be tween Asia and Europe, and thus encour age the reasonable expectation that we should thereby secure to our country both the travel and the traffic between the two great quarters of the globe. Your committee therefore, are in favor, generally, of the plan of Mr. Whitney, as contained in the bill submitted to the Sen ate —with two exceptions.— They think that the proceeds of the lands along the five miles of road which are allowed to be sold by Mr. Whitney, for his own use and benefit, should be accounted for; and the excess beyond the cost of construction for the ten miles, after allowing a liberal com pensation for time and trouble, should be paid over to United States Commissioners, to constitute a fund to be applied to the purpose of the road whenever required. They also think that the work itself should not belong to an individual or to any asso ciation of persons, hut should become the heritage of the people. With these modifications, your Commit tee are willing to recommend for adoption the plan of Mr. Whitney. Hoping, nay believing, that the sales of the public lands along the route, will furnish, to a great extent, the requisite means, in money, la bor, and materials, as emigration shall profit by its advantages, and settlements follow its train ; they think that if addition al resources are required, at any subse quent stage of its progress, as tbe benefits of the road should be developed, and the necessity for anearley comp'etion become more apparent, the expediency ofinterpo sing the National credit, to a limited ex tent, could be more properly entertained, and might be more successfully advocated ; and while they are of opinion that the en terprise, and the exertions—the practi cal knowledge and the public spirit of in dividuals or of associations, under the su pervision and control of a Board of United States Commissioners, will be found es sential alike to expedition and success,and should accordingly be encouraged and availed of, as well as liberally remunera ted. Your Committee, at the same lime, are fully convinced from every considera tion of duty and policy, that, when com pleted, this great public highway should belong to the Nation for the benefit of the Union. JAS. D. OGDEN, CHAS AUG. DAVIS, | CHARLES KING, L. BIERWIRTH, OLIVER STATE, JR., ) New York, 20th July, 1849. Mr. P. M. Wetmore was opposed to the recommendation of the Report which contemplated the withholding form Mr. Whitney the benefits that w’ould result from the completion of the road and vesting the property in the United States. He did not suppose any man could be found who could devote his life and means to forward an enterprise of which the future would ruin him, and the success—if successful—must accrue to the benefit of others. Besides, it was in expedient in his view that the Government should have any property or interest in the matter. Mr. Ogden vindicated the Report as just at once to Mr. Whitney and to the public. After arter debate, Mr. hfLee proposed the following resolutions as a substitute for the resolutions of ihe Com mittee, which were adopted : Whereas, ’lhe construction of a Railraod to connect the Atlantic with the Pacific in a direct line across the Continent, hai become of vital importance, and whereas the plan of Mr. A. Whitney, of New York for the construction of such a communica tion, in i ? s leading features, as well as the favor it has met with from a large ponion of the people, disembarrasses the underta king from sectional and constituttiocal ob jections which so often have impeded internal improvements. Therefore, Resolved, —That whe highly approve the great features of Asa Whitney’s plan for the construction of a Railroad from Lake Michigan to the Pacific, and that we earnestly recommend its immediate adoption to Congress. Resolved, That a copy of these resolu tions he transmitted to our U. S. Senators and members of Congress from this Dis trict. Mr. Lee then moved that so much of the Report of the Committee as conflicts with the above report, be stricken out. On this question the vote was a tie, and of course the motion failed. This lesdution was then introduced and passsed : Resolved, That the Report of the Select Commi'tee be accepted by the Chamber ; but that in lieu of the conclusion arrived at by the Committee, the above resolu tions be adopted as the sense of the Cham ber. The Chamber then adjourned. Commercial Decision in Alabama The Supreme Court of Alabama has de cided that sight drafts and bills are entitled to days of grace just as any other draft or negotiable paper. If not paid on presen tation, they must then be formally presen ted for acceptance at once, and if refused, are to be protested, and notice given to the parties to be charged. This decision is supported by authorities, but it is, as stated in tlie Mobile Herald, contrary to long established custom in that State. Itis therefore important that it should be gen erally known. 1 he Indians. —The despatch of Maj. Morris, commandant at Tampa, to the Adjutant General of the U. 3., giving an account of the outrage at Pease Creek, mentions the return of the men despatch ed to bury the persons killed, hut has not a syllable of the painted Indians afterwards seen, or of the hundred who raised the war-whoop. The Ocala Argus of the 2d states that Indian signal fires extend over the coun try from the Oclavvaha to the St. Johns, and thence appear to connect with signals on the Atlantic. A postcript says : “We have this moment authentic news from Benton co., and stop the press to announce it. The Ind ians have burnt one dwelling —the family escaped.—They are row \t\ small parties spreading over the country. No time for more to save the mail. Send us troops. i" nin i ■ huh nmn ii ■■■ini iiimiiiw M A CON, G A .' SATURDAY MORNING, AUGUST 18,1849. Fire. —The dwelling house of Mrs. F. Sims, was sot fire to on Thursday evening last, about 9o clock, which fortunately was discovered be fore much damage was done. A negro boy about 12 years old named David, belonging to JVf-- 1 _ E1...t .-!■ . - anu a main lenuw named L.EROY, * blacksmith, belonging to Mr Chas. Buchanan, of Walton county, were arrested by the Marshals about 1 o’clock, and taken to the guard house. As they will bo examined before a Court of Ma. gistrates this afternoon at 3 o’clock, we forbear expressing any thing in relation to the report* in circulation with regard to the commission of the crime. Asthma —The attention of the afflicted is directed to tho certificate of M r. C. L. Holmes, in relation to the successful treatment of this dis tressing disease by Dr. M. S. Thomson, who has for sale at bis establishment in this city, a large assortment of remedial agents suited to the Botanic practice, and is prepared to furnish great facilities to those who may wish to acquire a knowledge of his skill in the Botanic system. Macon and Madison Railroad. —As far as we have been able to learn only some five or six thousand dollars worth of the stock in this enter, prise has been taken in Bibb county, whilst an extract of a letter in the Augusta Republic states that $40,000 have been subscribed in Ea tonton, at which place an adjournod meeting of the friends of the Road will bo held on the 21st inst. The Lady's Book. —We have recommended this splendid Magazine to our readers time and again, and that too, not because it is customary for editors to notice monthly and other periodi cals. We believe the Book to be totally une qualled and unrivalled by any similar work in this country. There are doubtless, other mag azines of great merit, but in our opinion Mr. Godey has surpassed them all, both in the mat ter and manner of the Lady's Book. Those of our lady readers who do not receive it, and de sire to have 70 pages of valuable reading—nei ther of a sickly, mock-melancholy tone, nor dis gustingly humorous; but an agreeable, chaste, and pleasant miscellany—arc advised to sub scribe. Besides seven or eight beautiful engra vings, each number contains a steel-plate repre sentation of tho Paris Fashions Americanized- Tho September No. is received. Holden’s Dollar Magazine. —Tho August number is received. The present number has the usual variety. “The Autobiography of a Monomaniac” is alone worth a dollar—the prt** of the work