THE BOO OA GUANO ISLANDS. Hilintl nfl tin CMC mt the American Settled Againc U?e G*reniBMit at Veneiiult, Bobtom, Itey 14, 18M. Boa. W. L. Ma?ct, Sicrvtart or Stats? ft?? tnsoinueh a* we remain entirety unacquainted in aanpoct to UJ decisive action having been Uk?n by ttte ?neentlre branch of the federal government of the Unite 1 Mai M toward! obtaining just and speedy reparation Imb the 8tate of Venezuela for the wrong and injuries received by ai from its authorities, we deem it not lm psoper to again solicit jour early attention, and through yon, the notice ef his Excellency President Pierce, to the fact* and principles of international law and ju->ti:e wpea which onr claim for full indemnity, and for effectu al measures, if need be, by force, to obtain that redsess, 4 a founded. The honor, and dignity, and right* of oar emurtry are not, we know, in oar keeping If it was our privilege, it war aot our duty, to make any sngffeation ?n sach topics t? the chief magistrate of the United States, or to yon, with whom is plaoed that high trust, except in so far as our individual and personal rights as eHtesns are directly involved. And, possessed of thit confidence the declarations of the President on assuming the responsibilities of his exalted station were so well calculated to inspire, as well aa the evidences since ex hibited, in more than one instance, of his Ann resolution, and that of yourself, to "submit to nothing that is wrong," we have no motive for thrusting oar opinion* en that snbject before you, either in the form of counsel ?r admonition. We desire to confine ourselves to the taking eare of "oar own affairs," and this is, in the Sr?t place, what we would respectfnUy urge upon our govern asent it shcu'd constrain the Venezuelan government to de Onr government will not, in accordance to this re quest, "ask anything that Is not elearly right," for such ie the duty of nations, as well as Individuals. And, in the second place, we desire that oar government should require of Venezuela fall and prompt reparation for the wrong and injuries dono to us, and of which we have heretofore complained. And bow, ?ir, we would respectfully ask you to re pernio the letter and remonstrance of the undersigned, addressed to you officially, dated Boston, Jan. 15, 1855, ?n the files of jour department. That letter, you will perceive, states the principal facts in relation to the dis *#,eTy, '? March, 1854, and the taking peaceable possss aton of, and the actual occupation in a few weeks sub ?eqneatiy, by our agents, In merchant vessels of the C*itsd States, bearing its flag, with a company of sea md and laborers, of the Islas Aves, or Bird Islands, these islands, aa they are callsd, are merely barren roaks, situated in the Carribean Sea, in about 15 deg. 30 min. north latitude, and 63 deg. 38 min. west longi tnie from Greenwich. The principal isle (Shelton's tale) is about a mile in circumference, and had not, in tUreb, 1864, any soil or land, or hou.es, or traes, or rbage of any kind upon it, and was never inhabited by ?saa before our agenta landed upon it. The others near it are still smaller. Our agents discovered a depositeof *Mao on the principal isle, before then unknown, and *? presence of which gives the chief if not the sole I*1"? t0. tt?e island On being informed of this we ^1? ; lh? Lnited Sut*?. for ^ express obiwt ?f procuring cargoes of that article i> swveral vessel* with extra crews and laborers, and at no ? W" "?nt?et. for the' supply of ^ pnMB7hlchvWOuld' if "'could hivVca? wi v otV n? * handsome profit. lhifh!, \?'PP* "aerials for houses and provisions Sments "d we ??>?"?* Wrels Tm ~me near to ,t. We Intended to establish thS4 a ^5? ^Who, weask, had any right to complain of this, much less to prohibit us from so doing, or after our arrival l^e tW.?fTmenC,'m*?t 0f 0P*r?tion? anl coctiuu **** thereof tor several months, to eject us by force hreia the island, seize our property carried thither, and hta i?irh? hrD Doubtless the existence or this deso ?? known for nearly two centuries, and fuh iu.f v,2 n * J on0t ^Pfobabie that French, Eoz ,aPanlih- Portuguese and Amsr.cin . / wid also men of war, likewise the noted visited 7 t, !e"ttrd tho'", Pirt"> have often St Sw I* ; 1 it not bell??d any govern ?aent or individuals ever thought or it as a possession and certainly none ever occupied it till last year when' w. planted ihe ?' stars and stripes" upon it7 Mew dis ^17*' u '?* followed by occupation, confers no Ag 7ern vent or upon an ^dividual, either to sn island or to a barren rock in the ocean, or to the ?toore of a continent, whether inhabited by idolatrous .lIX7^w[ly,UniDbab,tel- 1-he merely swing an '?land or other land, or a rock at sea, though before un itw ?*? landin* thereon, and laaviug it again? in ?? .wT i?111 P01*1 ' occupation, witioat the t confer any right Discovery ^?'t--e_,f?Uow*d bT occupation; and constructive pos ?eesion will not answer for a series of years, mich lest .?? a century and a half or two centuries after discovery. 4 *ctual and uninterruptedly con ?Cjup'itfon or possession A- facto, iron the time Sat JSLSETSS' neaessary; anl it is conceded t*a* reason a di? allowance may be male. We insist ?< th? Is' that P?*'tive possession, peii's JgSf?'?,r ' 10,041 occupation," must be had a-, some a"d 'b."r* ?nat ** aome sets of ownership ex ?rdse<!, or at least asseriod, or "continual claim" of ownership and jurisdiction made, er a general a' kn.wiedg.snt of right by other na'oS in ZXh 1 i,gbt ?f /oniiaian ovsr a JET Hr,? du?t u'"d "0?" the governniint of tofd TL it" ^ *?al we are told, show this to be the true principle. Our counsel has furnished us with the following references which rou can apprecute better tbsn we, for we are no law ** C" PerceiTe xhfJ ??? "ntirely consist **t with common sense: , Jur- B?l- aePae. I. a, chap. 4-PufTendorlT. ^ ?* K*?? L 4, c. 12, and also p 413. and Ins i ui o 'ii' ' jTc' ,L? lUt"1- Droit des gens., vol. ti'on R?tbiin?? Pi' ^ vC; t8' K#c 0x- Trans 1? J? ? Rntherford. Inst. Nat. Law, vol. 1, c. 8 , vol 2 ? 9, sec. 3, C ? Klieber, sec 126, Savigny Das Recht les' bH^I *?c '? '? *:c" D*"' PhiUomon inst. Law vol 1 d CI ?Vi S' ?ii? ? P , s- ^ ?05. Johnson vs. Mcintosh 5 Wheat?DFlm TntPT <'Ix>rd Sto?v*'l> p. 385: The Anna, to 337, ' ' ?* ' "e? ' ,nJ P 209' ,e,i Admitting Ppsin, tb? antecessor of Venezuela first discovered the existence of Shelton's isle-uersr h iving taken formal possession of it?never having exercise 1 cUte C||fulta' Tn'f?hip of,an.y kin'1,n relation to it. the claim of tjtle by \ eneruela is preposterous. The idea of Jih" S ,CT 0f ,ta b*i0K contiguous or ?ppnrtenfcnt to her shores is simply ridiculous. Whilst 4 is not neceseary up to the discove 2,?^ bef0re unknown 10 cmlttM vwl 1, In or T* 10 yy fr*1 JW'session, that all parts of ths newly dis ?overed region should be a-.tually occupied, and th-it ^ Prjn'lpal aad commanding controlling points wUl suffice as to adjacent, contfiru. naturally tributary to no reipec table autbori ty can be found to war ?s L lav!^eruf?l"nr,;#0r ?f ^ Ezssxnzrji*- at iPMt fiT? L,undr?<i Sim th^m Vhl ? r iOAtU- ,knd totally dissevered !X ^ 7' l,.mufb n*ar?r the island of l)om.n? m and Guadaloupe, and.in fact, Puerto Rico is bnt half as far from Isl* Ave* as i* the \ eneiuelan coast' How the an thoritios of Veneiuela came to put forth the c'aim chey ?*7? *nd ?n'orce it, aa they did ag:nMt us. can only bS ZZTllf& ZZ ?? supposition that they were delved *ad misled by third parties, seeking to make a specula tum for themselves, regardless H Jaw or right. It )? out of the question to admit that a State mar after discovery by her flag, or the Uag of her antsces' ?ors, abandon snch island, u-?lect to use it tor any pur *tt0P' hunting or wooiling? i*aT? it VaTSTl' Wr ,,QOe on . '"d 00 't) ? and thus, when othsr people with gnater enterprise seek to use it forb-nefi the SILT"?' ^ J'0" oblivion of centunee oormant claim of discovery. Such claim is not r nllX?UZrlLit d<^ when suchclsTm ?ajirgsd on the iimsy ground of constructive right rti?.y0tT^<?,!.8,'"*TA7c? ?r ArTHO*iriics.-ln these antho d.wrvs mUOtirFAZ* time r\ mwmv to eoni*titt>t? % ?/i ihV ?cc?palicM Island* formed by trmtiar* ?.!!? ? ?AWonU ?oq?i?ltioo. |#??try trom whii th? riijj lifti. iZ * r belon* fc0 th? > man's laad. 'Tlks uujdi dT/i.'S.'1 r n,t ^ b' called ? f sefBfint e<insisi?aov or i> .* ***' no' '?avia* soil ?hs purposes ef lif. aM . ?*?h?bul? 2 "J0 ?er p*rp?sesofihoo?in|i orftshiai "n'y "?sor?ed to ? ad tbs liks. If lsla,d. ?. bird', nests ?> ay be elaimed .p., ?he>Co,e 7fVL?i r_?T,t' "nerUiip see ats, er npoa the principle of neaUcaiw ,ner?' 'en ant and Reographicaily dep??dan( ??s ^ln" sponr tiaoed possession or ocnnoatli>B ot suoo H< con* -ary terire title. So tbe discovery con?, ?r settlement, or loa* and anlwSL..??!l?yS ??' )Biiatien t^tle, benansonf n at) oral abUlty, tend,n,-U *lve? al welfare ofmaAind. Heathen barhseian7 il . tlf P0,>", ?"d p,i?0?, " ^ l,w,nl ^ T. ? bri-trian conquerors. Alsxaader VI ia IM i,?! v 1 at lotted all tbe Americas to Spainind Port.Sl ^V'U1. " ]??? *?*'"<?. by pa tent, ^ave to falm V Jo?S*J2"2 cimotw, mbdne, ina oocapy and lioJg in Am. ?Ttob??&d iTft IrA of the ChriiiUfi d)*?0Ter?rs and oocupierf. Th? pom#? and exclVJu? H **?reif*d '? Personal action on the land 2r n oi? ???''? of "thers; a full and permanent oontrol ast s 'viiM afl th?? bHi'#11! u ?PPr?Priatioti to claun Sea O^SIhMu '?5n,t h< ?"'*ed to eonstitnte poaee. ?tk era at nulllji ffh'jioiirtrin, vlth power of Inclndinr not coastroctlve P ",C 2a manifeaUMi bv imietrV, seenpy and hold most rae ? " Mdby (V'immf n "W*n,| aets of a positive c-j?. dU?.vWedeoJ?WM7^d#^uVmVnt",c?o,,^U,##' "" '? an indispensable element o"?V^Au--C?ii'",,#n' U most be real- mast forW JV ?oast aot to nniwasoaablv delavai? wl actual n#s. It In* flags, flrtag sain tea, makin/ fand tag eressea aad tbn Ilka, are ' , *r 'root aeeompaniod by oontlnued oacneat^i 5u JSf11 ' f nn" veys, on the Voleatary de^^W ^ mw" sar ?rst discoverers ot lands, and especially of .atabaMted I. land rock in the Mah J^ the"-' ?"??a thereby derelict, or " ao man's land ? * a a?st diseeverer may oaeopy and hold it. Then?hii/> v-..i" Soaad. m dispute Inst saaVary between I.X V0?,,',lk' ?a a. example af this, and there are many oihwV P"n' Tbs terms empfeyed ta this aote are ast?aeterf fe?m ??.. Ml* tkf tast.Md u "be^S^ auToriU.. before ?|'?d-. <rn e.mv w? .hicb aojactnt vacant lands maj b. _rencb?l f? ? .hurt tun and bettled, and cul ivated Vid defended, ? i; corned" lb tbe p^babOity and facility of A. ?m?tt..?rioni another quarter" IU important consideration. The Buanan right to the pos^eaion at iu^ depute country north of Sitka, uncontested aad waceaMe for many years, it founded on thto prtocipU: H, .sland 'mnstbe a natural appendage of tha ooMt, "?eoaraDhicaUy appurtenant and tributary" to it, to of tha eoaat "reaching it," and making ??ch pomsasory title valid, withont "actual oc euratii n of swth toland.") We kirn that EvgUnl, as nfvtl it saeb cam, hw put in ber claim to this rock. That was to be expected; she >1 famous, and always wai, for finding thing*, and )? doubtless well sustained with all sort, of mnnimente of title, and proofs of title, made ex tcily to suit the case. As there ha* never been an Incian on the Iila Aves, oat of wbloh to manufacture a king for them; and as. in tact, nothing erer 11 v?d there until lbM except aquatic bWi, we are J she fouads her claims on ^the aseertioa ithat an officer of the British navy once made a survey of it Tto kind or litle might aa weU be preferred by the British to about half of our uninhabited Florida keys, and to th. ^Ata_ canes in the Qui: of Memo, for she has been aiu*?y ing in lhat region for a quarter of a century ' "r. ...,t ,g -ell claim several islands off the coast of California, and In ihe Cu!f of California. on the same mound. It would not be at all surprising if she th?t ifce red crass of St. Georgo was formally fflo?PWton?Hl.S "and loyal.y Suted by a sal*, ol csnnon ana small srms, drinking the health of its 'ovrrnea and singing ''Britannia rules the waves. A?., as act??f sovereignty. I he Dutch, we learn, have atoo put forth their claim, and have, since our ejection, drivenVenezuela oil by force; or the latter bM allowedand adrritied their right, which the J!??' tonctiled Venezuela possessed. Spain, doubtless, will dam also, and perhaps Portugal and Denmark, as conti guous to some place or other; and it is quite likely that France, if not alone, in partnership with England, will set up like pretensions, as their alliance it is .nidi ex tends over all creation, and to the guardian. hip of all crt- at ion, and tlie cultivation of "ideas" over all crea tion. We have one snower to all these ' People, "d that is, whoever discovered Isle Aves, or Shelton s Isle, 200 or 360 years ago, is of no consequenoe; for Inasmuch as no positive acts of ownership, no exer cise of sovereignty, no possession or OMnpstioB, actual or constructive, was ever had or attempted by anybody, Snenish or Dutch, Dannh, Poitugnes*, French, Vene 7 urban or English. or Yankees, till 1864; and when wo took possession, and occupied it, it was uninhabited and vacant, abandoned, and derelict. It is too late for any of these peoples to hunt up old P"P'? and the like, and to trace back to history to discover who first discovered it These things are out of dato, and do not deserve consideration in this practical ago? the sge that Napoleon 111. calls the age of ' ideas, and that we cal. the "age of progress." There is no land nor earth, nor, properly speaking, ?oil, on Snelton's Isle. It the trilling isles near it, are, as before saiJ, barren, desolate, naked, vacant | ro:ks, elevated but a few tat above the ocean The survey we had made of it in 1864, a copy of wUota.?re send vou. we will vouch Is superior to the allege! British "urvey manufactured, we doubt not dnce. LntU wo discovered guano there, no possible inducement or motive could exist for any individual to *C"W j*V !t '" most desirable that this country should possess this island on account of the great advantage to our agrtcuj" turUts of the Atlantic Slates given by that best of nil newiy discovered fertilisers, of which there is * deposit on it ? aid it is due to that branch of our Industry that some exertion should be made to prevent the odious monopolies exist irg on the other side of this ^ontinent in that article, and which it is sought to perpetuate there, and also here, at the expense ef far^rsjExoept upan the Alacianes.on the gulf coast of Yucat?n, Sliel^ ton's Ieks ie the (in* discover on the .astern ??? continent JUaviog socb depomt. It W not doubted Uiere are other barren and desolate and derelict roikf contain ing K (of asgnod. if not better, than the Pacific guano and that can be furnished to our agriculturists at one third the cost of the others) to be found in the Ameri can seas south of 26 deg. N. latitude. ? Bequiescence without remonstrance "d effective action in tne proceedings that have been had in this care may establish a precedent highly injurious to our ^ThWge^ro^Shelton's Id.) possibly, may be made, with some outlay, important to our commerce : passing near it, by erecting a lighthouse upon it, by oan structing a martello tower for delence ^ert bortng deep wells to obtain water, and br having, deposlU of coal there for our steamers in the merchant service and in th. navy; but in all this we are not directly and immediately interested, nor in the fact that it would constitute an admirable outpost or pi?>>etgu?dfor our interests, present and ultimate, in all that region, we look to the deposit of guano as the only present means of rendering the island valuable to us as individuals, by bi initio* to maiket for our farmers, at a small advance oncost, this rich fertiliser; and we are entirely willing to transfer all our rights to our government (reserving the guano) without charge or compensation, and if the government decides that said course is desirable, we will oo *o promptly. We have heard that some exceedingly ?queamlsh and strict constructionists say that the fede ral government has not the "facultv of acquisition of a foreign country, by the discovery and occupation of its citizens, under its lUg, because the ewe is not, in terms provided for in the federal constitution. And so, too, by purchase or a tree transfer, sueh as we propose; and particulars that the Executive cannot so act with out a law of Congress authorising it. or the concur recce or direction of Congress, otherwise given. So at tbe commencement of this century was it object* i that the executive and legislative benches together had no power to annex Louisiana, and yet the mo.timportant function of tbe lederal government, from that day to | this, husbeen to provide and regulate annexation by purchase, by conquest in opsn war, and otherwise, and the Executive has more than once arranged for naval d? pots and yards. &c.. at fort Mahon in Minorca, andSpes*.a in SardiDin, and e be where, at different times, and the concurrence of Congress has only been asked to furnish the necesssry funds. In this case, as no money to re quisite, no such concurrence is necessary. If the Lnited States hss no faculty of acquisition of newly diacoversd and primarily policed and cciupied isUnds.this at tribute and sovereignty must rsvert to the State of our allegisnce? Mafsnciiuselts, or to ourselves. Thi. sove uiBnty cannot be in abeyance, and it cannot die. It exuts fosoewbere, and if not delegited to the irovertment it is -'res'tved to the states and to th. i?op?."' (Art. Fed. Con ) Our first letter to you, dated 16th Jan , 135S. above mentioned, states to you the facts as to our discovery and taking possession, in the spring oi l?6l, of the chief isle, and of our quiet, peaceable and undisturbed possesion of it for several rnorths. snd until ths midcle of Desember, 1864, with cur workmen, snd that we had ssveral veesels there lcadinn gusno. On the 13th December, 18o4, a person stvling himself Don Deminio IMas. "Capeun de Navio SdJefe de la Esquedor, Ven-iuels," came there in a schooner of the Venezuelan navy, armed and "l^PP** and manned, and having also regular troops of that Mate on tosrd. and claimed tie toes as b*longiDg to V*nezcela, stating that he acted by the express autho rity and command of the government of Uiat power, ana notifying our reamen und laborers of his commission, and that the ve?s?l under his command was a govern ment venel He landed some troops, and hoisted and saluted the Venezuelan flag upon ths isle, and warned us that we could not stay any longer than he saw tit . Be tlun went to Ugayrato procure more troops, and on the 24th December another \enez.ueKn vessel snivel and lanced more troovs. and in a ifcort time *? were informed that we must leave the isle within twenty Tour hours, cr they would drive us away bythssol dierv During tbe time that h\d elspied from their" first arrival, our workmen bad_ been prevented from proereMiPg advantageously in the load'"!? of ! the cuano and now a prohibition was not only backed by the presence of an armed force, snltbrsaU " P*"0"1 violence to our me* therefrom, and demonstatlons actu ally made, but they were dispossessed of the materials, tools kc sent thitner, anl their houses by tbe soldiers by force. The said lHas on ?b. 13tb of had drawn up and sijned a paper in Spanish (on file in your lieD?rtnient), and which our ag.nt, Capt. Oibba, was constrained, under the cireumslanses, to take, and which Diss styled his "permit." In conformity with a per emptory order, doubtless intended when Was i>aper. our employes and our vessels left tbe Island and returned to the United States. Charges were sxactedby C?pt Diss of some of the American veiseto at ? the islss. Vou will perceive f?om dscuments 6n file at the Depart ment, that other Bo?ton merchants have preferred claims somewhat analsgous to ooM^ but in relation thereto it is not necesssry, and inleed it would not be proper for us in this comoiurilcition, to say cne word. Every man should attend to bis own business only, and not {?? terfere with thai of others. We invoked, in the letter above ment oned. the protection of the government or the Cnited Hates, and its interposition t. obtain just tedress for us. In addition tr> the Utter of the 16th of January, 18*5, on, the 29th of the same month we addressed you n;ain. That letter it on tile, and we respectfully solicit your re perusal of It. We refer In it to our Brut letter and re spectfully r? iterate the request* It make* for prote;tion and redress. We ftate the heavy loss** that we had sustained, by the illegal Interference In oar legitimate business, and the outrage en our right*, and we give to you the particular* of our losses. and we ask their pro secution by the government against Venezuela. We nail some reMon to Hope and expect that a vessel of war of the United State* would have been despatched with the demand for red rei*. On the 26th of February, 1W5, we wrote to you a third time, reitoratfng like request*. and communicated additional information to that beiore given to yon. We stated that Capt. Dia*, after hi* Ant ?flit to Shelton's Isle, and before hi* command to as to qait. had visited the Paniah island of 8t. Thomas, and had communications with the shore, aad that informa tion had been reeved from a Danish man of war that came from St. Thorn ae, that the Danish authorities anl the man of war !r question were nent to Venezuela with information that they (the said anthotltie*, ) would not interpose any objection to the government of Venezuela claiming the inland: thus showing that the Venezuelan authorities knew tbey had no right, and that their Inter ference wan instigated by parties wishing to speculate upon the government, or with it, in respect of the gua I no t<ome of these parties are Indicated in the last let ter. among them the Venezuelan Consul at St. Thorn**. Another, and an Important fact, indieatod in the last letter of the 2Cth February l?, that between Din*' first visit ?nd the last, ample time had elapaed for the Vene zu^ian government to have revoked a hasty or mistaken oider, and that, therefore, the order for expulsion, as to \ snezuela. was deliberate and well weighed. It mn not M^CT PRlu*ted on the ground of mistake, inad R'*ht or wron?. *?e?r course was adopted knowlngly, M?.l if procured to be done by sub .?\T h",?ht*D? ^e enormity of the i??U T ? * Personal application since friend*! "rV'm. act.on' * ,0" We reeret to be informed that no vessel of nr nf t?.? United Suite* has, as we hoped and expected been sent to Venezuela with in.tmctlon. to our able and MtrMUe Minister there to inaist npon justioe being done to us by promptly paying n* onr .just damages. We hope this will yet be don*, and as speedily as practicable It seem* to n* that it would not involve any great ex pense or trouble, to send one of the vessels somprisint the squadron of Commodore MaCauley, off Cuba, to Vene zuela for tho purpose Indie* ted. W? preenme that by tfcla Use the wnU P?J U scared from the *ju?<Uon t? C*W to i?UAa pretend*! right Mt up by the Spaniards to dteeaR whether a v**m1 rightly b?ri omr B*f or not, by firing toward* her, to bring bar to, and by Tinting her? and that It la quite aa important tb*t tt?e actual outrage on the American Has known to be rightly borne, in the caae of oar vex**!*, perpetrated five month* tine* should be atoned for. It haa been contended that we admitted the right of the Venezuelan government to Shelton lale, and the light of Capt. Dia* to drive ua off I la other word*, that we were trespassers, and thia too ia the paper given by Ciaa to Oapt. Gibbs ! Bow perfectly Idle, aad worse than idle, ia auch pretence. We might hare resisted Dia* and his soldier* with aome loes of human life on both *id?*. We ought p*rhapa to hav* done so; we be lieve we could have easily captured his whole force, veestla and eoliier* inclusive, if we had reaorted to arms and bloodshed. But we preferred relying on the protec tion of our eountry. We submitted to Diss' commands because be waa an offloer of a sister American republic, with whom our country waa at peace, and waa acting by ita authority with its public foree. We submit, sir, to you, and t?* President, that our forbearance was commendable; the orders and conductor Captain Dai were unnecessarily harsh; our tools and implements, materials and provision*, were aeised in part, by bis coldiers, and our houses taken from our work man The loas sustained thereby amounts to man; > houisnd dollars. We were prevented from loaling guano prepared to be put on board our ships; and oonatr*ined by military foree to abandon the isle with no cargoes for i ome ve?i els, and with part cargoes for other*. Our hsavy contracts for furnishing guano are by conse quence unfulfilled, and heavy damages incurred by us; he wages of our numerous workmen, who were ren < ered valueless to us by this illegal and unwarranted In terference. reach, in the aggregate a large sum. Our whole outlay for the business is a dead loeH. We have bad to pay for false freight and demurrages and dam ?. ,e?; besides all this, the consequences directly result Dg to OB from thia outrage, have been such aa can earilly be anticipated by any commercial man fney ? ie embarrassing, and well might ruin, unless redress is promptly afforded us. We lolirit your consideration of ail this, and irui>t it may Induce to immediate action in our behalf. Bow can Venezuela Justify her course In the face of he: acts, seeking the Danuh authorities of St. Thomas to interfere, thus admitting the bad no right? How can she have tbe face to do so, since her relinquishment of the isle to the Dutch ? Suppose the Dutch have a title, or the English, or tbe French, or Spanish or l'ortu. gue>e, can she, a lort/eator, set up any title in them in deft nee of her tortuous acts toward us ? And now, *ir, we trust vou will regard it as reasonable for u* to ask, tbat you will, besides sending an United SWWfHNMf wax to Venetula, send another to con vcy such vessels a* we may desire to despatch to Shel tcn's Isle for guano, and resume tbe lawful possessions from which we were forcibly ousted; protect us in our rights there; and we respectfully ask to be Informed if thia request can be accorded ? If it cannot be, w? then ask whether the federal government will allow us, at our own expense, to Qt out and arm vessels aad man them, with sufficient force of armed men to enable us to recover onr possession, and retain It against all who may contest it ? The peremptory demand for redrea* anu it* prompt enforcement, we oonceive, as Americin citizens, we are entitled te. If any additional proofs are wanting of the facta we have stated, we ask to be in formed thereof at an early period, that we may obtain them whilst the witness** are at hand. And if the Pre sident and yourself are of opinion that both convoy and Srctection, and also permission to fit out an armed expe ition of ourselves a* suggested, should be denied by our government, we respectfully ask that you will advise us thereof, as soon as practicable, as we have reason to be lieve that we can make a profitable transfer of our right to the Isle and guano to some English and French merchants, here and in New York and Philadelphia, wbo feel assured of the protection of their governments. We are particularly solicitous that if the government of the Uvited States has the alignteat desire to obtain a tr insfer from us, wltbeut cost (we reserving the guano) of Shelton's Isle, &c., it should be Indicated to u* aa early *s possible. The reasonableness of this request you can readily appreciate, as it regulates our decision upon tbe disposition to foreigners, to which we referred, and in re lation to which, we also particularly desiie answer from you Unless speedy action ia had, the guano depoaite on the Shelton Isle, worth, if property managed, hundreds of thousands or dollars, will be abstracted, and we shall demand pa; for every ton from the Venezuelan govern ment (that so illegally and wrongfully ejected us.) as well as those guilty of tbe exportation; and intend like wise to claim damages for the retention of the isle, till it is restored. We know w?ll that in such matters an "ounce of prevention Is worth a pound or cure." Neither tbe Venezuelan or Vutch government are celebrated as good paymasters The former perhaps has the excuss of Inability, but the latter has not, and the case of Mr. Seely, of New York, in the crown diamonds case ia by no mfans creditable to it. We trust tbat if justice is earnestly insisted upon by our government in our case, it will be yielded with less delay. We sre very respectfully, your fellow citizens and obt. servants, PHILO 8. t>HELTON. For self and others interested. Anniversary of the Young Men'a Christian Association. Ibe third anniversary of this aBsoeiation was cele brated on Monday evening in the Dutch Reformed CLurch, corner of Lafayette place and Fourth street. At an curly hour the church was crowded heyond its ca pacity by an audience of youag ladies nod gentlemen, t was particularly an audience of young folks. the President of the association, Mr. Ctohi, presided. At 1% o'clock the exercises were commenced by the choir, wto performed a voluntary in excellent style. After this lesions from the Scriptures were read, fol owed by an impressive praysr by the Rev. John tanvard. The choir then sang several pieces of select music in admirable style. When the singing was ended, the President. Mr. Howard Cross, ascended the pnlpit, and lead the President's address. From this address, which was a lengthy production, sud delivered in a plain, distinct voice, and listened to with much attention, we glean the following faets . The society, during the past year, in its lectures, has been unfortunate. Their various courses have not paid so well as they should, and one course was stopped be. lore it was finished. The receipts from lecturing were only $100 43, while the expenses were $289 83? being to the society something of an item the wrong way. The churches have taken up the cause of the associa tion during the part year, and seventeen different preachers have sanctioned it in fourteen different pul pits. In various churches collections have been taaen up for the benefit of the association, and the revenue to tbe society from this fource hss been $466 :6. Since September 1844, there have been added to the roll list of members 346 names, making the aggregate Mimtsr of members tf the aeso:iation about 2.U00 State the tame time, a little over 1.6C0 volumes have bf?n added to the library of the association. The read ing rooms of the library are furnished with all the lead log periodicals of the oay as well as the popular maga zixes Since September last there have been adde<i to the rooms 38 different newspapers and 10 magazine The library is well supplied with all kinds of rellgiou ? reading, such as is desirable for the minds of the youag and calculated to lead them in the way of Chris:. Since the last meeting of the association the aoriety has taken new rooms in the Mercantile library buiid'ng at a rent ol SI, COC per year. During the list year circulars have been adc ressed to all tbe evangelical clergymen of the city, and offering to each and all of them the privi leges of the library and reading roams gratis. In financial operatiens, during the last year, the ex penses have been $3.673 06: receipts, $:),677 7(1, defi ciency, $85 90. The report ended with An appeal to the young men to be zealous in their labors of love and Christianity, and do all in their power to farther the ends and objects of the association After the reading of the above r?port, the treasurer's report was lead, by the Treasurer of tbe association, Mr. Benjamin F. Manierre. but the segregates of the report were as given above in tbe President's retort We forgot to mentisn that the President, in his report, stated, that during the past year the association hail sent a delegate, Mr. Richard C. McCormick, to iuirops to visit the various Christian associations there. This gen tleman bad visited similar institutions in Kngtand, and France, and had extended bis travels as far as the seat of war in the Crimea. He had returned safely and in good health, sad bis visit had been a pleasant on*, and tbe I'tesident hoped it would prove to be a profitable ooe. The Keverend Tiikoeork L .Ccyucr was then intro duced to tbe audience, who spoke as follows: ? Ladles snd gentlemen ? I ought to give you an apology for troubling you so often with long speeches. But my apology is, that I never have spoken, excepting when I have been been called upoa, ana when agcod theme has demanded my services. Americans seom to hava a pas sion for public speakipg. as tbe (German likes h s beer, as tbe Frenchman bis wines, so the Amercan lnvse his public speaking, and actually gets high apon the stump. When thnt greatest of orators ? Henry Clay ? was, a great many years ago, riding through the backwoods country, lie stopped at an old log house for th? night. Next morning he was saluted by mine host, with: "Are yon Mr. Clayf" "Yes, sir." '? rhe Congress many" -'Yes, sir." "Well, sir, I have heard a great deal of you, and I wish you would make a shsrt speech, before you go, for myself and wife." (Load laughter.) I wish I had some of his master oratory for this occasion to night. Now, ladies aed gentlemen, I an here to-night because this dear association ought to be sustained, and ought not to be assailed as it hss been assailed in some quarters. 1 love this association, because I have worked lor It. 1 doa't work .or it because 1 lore it, but mean exactly what I say ? I love it because 1 have worked for it. So is it with the mother. For which is her lore the strongest: for the strong, rosy cheeked boy. that mires in the dirt, and bates the constraint of school, or ths weakly, sickly Infsnt in her arms, that she watches by ?ight with greater vigilance than the sailor watches the stars. She loves the latter witk a love that is not surpass ed by any other affection. I call upon the yonng men to ?itand by this association. Neglect will kill it Nsglest alone will kill it;sye, kill It as effectually as "cross John" Hughes was floored by th? battle axe of Senator Brooks. (Loud applause followed this piece of Christian aad brotherly forbearanoe.) This is not a mean associa tion. It exalt* the beat faculties, and stands like a breastwork sgslast sin aed ialquity. The preacher con tinued at some length to eulogise tlte beauties of this association and Its claims upon the merchants for sup port. and was loudly applauded when he sat dowa The Pmcmdot then announced that it was expected that ths Hon. George N. Briggs, ex Governor of Massa chusetts, would address the mseting, but he was sorry to say tlfts gentleman was absent. The collection was then taken up, after which one or two other addresses were delivered, extolling the virtues of ths young men who belonged to this association, and annonncing lha greet good it had done, and was going to do, for Christianity. After these addresses, the doxology was sung, and the benediction pronounced, and the meeting then dispersed. A bill to regulate the tevare of ahureh property, simi lsr to tbst passed in New York, has been introduced into tkt Legislates ft C*m??tl?ut, Wkalt Flattery ?Mf Hutwlut. [From the New Bedford standard, May 10.] Tba following facts in relation to the whaling business of Nantucket bare been commumoated to as by a gen tleman who hu collected them with greet care and dif ficulty : ? The wbaie fishery originated in Nantucket, in the year 1690, and was carried on by boata from the shore. In 1716, fix iloopa, of thirty-eight tone burthen obtained nbout 600 barrels of oil and 11.000 pounds of bona. In 1730, twenty-five sail, from thirty eight to fifty tons, took about 3,760 barrels. valued at ?7 per ton. In 1748. aixtyvail, from fifty to eoTenty-five tons, took 11,250 barrefl, valued at ?14 per ton. In 1768, seventy sail, of aeventv-Av* tons, obtained 10,500 barrels. This year tan sail were taksn by the French, and plundered. From 1772 to 1776, one hundred and fifty sail, from ninety to one hundred and eighty tons, took annually, upon the oo*st of Guinea, Brazil and the West Indies. 30, COO barreia, which sold in the London market at ?44 sterling. 2,200 seamen wore at this time employed in the Nantucket whale fishery, and 220 in the trade between that place and London. The war of the Revo lution nearly destroyed the business of the plaoe, as wiU be seen, for in 1783 nineteen -vessels only sailed from Nantucket, ana in 1786, seventeen. During the war, fifteen veeesls were lost at aea, and 134 were aaptured by the enemy. In twenty year* from this time we fiad the citizens of Nantucket importing 7,493 bbli. of sperm and 4,609 bbls. of whals oil The business increased until 1811, wten the imports amounted to 21,100 b->ls of sperm and 3 677 of wbale eil. The war of 1812 then inter vened, and more than one-half of the Nantocket whal lng fleet was captured. The citizens of Nantucket owned, at tbe commencement of the war, 43 ships, only IN of which were fitted for whaling in 1816. The fleet which sailed in 1817 returned with more whale oil hsn sperm 1 he imports in 1806, 1807 and 1808 show he seme result ; otherwise there has nlwtys been an txccssof (perm imported, for the last fifty years at east. We find that 44 sbipa have been lost or enndsmned in foreign ports, in the prosecution of the whaling busi ness Irrm Nantucket, since 1816. A l'st of the nnmber of shipB which sailed for the Pacific Ocean, sperm whaling, from 1815 to 1848 inclu sive, with tbe aggregate of their return cargoes, he , is annexed. The average tonnage in 1815 was 267 ; average length of veyage 22>? months ? from 1821 to 1826, 32 moniht. Tbetize of the ships employed had alse la created. In 1849 only 9 ships sailed for Pacific Ocean whaling, while 13 sailed for California; in 1850, 12 for tbe Pacific whaling and 3 for California; in 1861, 15 for Pacific whaling; m 1352, 10 for Pacific wh sling. l ord John Russell had a little household sourt lately in Vienna. Be waa accompanied by all his family, com Km <3 of Lady Russell and Bix children; and there were, sid?s, tbe Under Secretary of State, Mr. Bammond, Mines Lister Elliott, and Byng; his doctor, the tator and governesses of his children, and ten domestics, who occupied altogether thirty-two rooms in the Hotel Munseb, where it is known how to unito French eleganoo with English comfort. FINANCIAL AND COMMERCIAL. MONET MARKET. Tuesday, May 22?6 P. M. The stock market is pretty well sustained. The daily transactions Bam up a large figure, and holder* are ex. ceedingly firm in their ideas of prioes. Cumberland has been quite active during the past day or two, with a steady upward movement in market value. Since the bids for the loan were rejected, speculators have taken hold of the stock. It is a curious kind of a fancy, and moves up and down strangely. It strikes as that there is more speculation going on in the company' ? office than in any other part of Wall street. The stock appears to be now on the upward track, but there are no indications that it will continue long in that direc tion. The Harlem Railroad Company is still in want of aPnsident and Vice-President. It appears to be a very difficult matter to get hold of the right kind of men. Since it has been decided that Wall street brokers cannot get the control of the road again under the preeent direction, the market value of the stock hasi Us- . proved. Kew York Central, Erie, Beading, Panama, and all the leading Western railroad stocks, are steady at our quotations, aad in view of their future earnings, be. , it will be very difficult to depress them much. Notwlth ntsndlng the reputed large sales of stocks, Wall street is dull and inactive. There never was before so much mo ney with to little disposition to use it. No one is dis posed to enter into any new enterprise, and all seem to prefer waiting some definite developement. It is the ge neral opinion that the European war will be a protracted one, and that it will eontinne to exercise an unfavora ble influence on commercial matters throughout the world. 'There is very little doubt about the effect of protracted hostilities, and the only hope we have is in our next harvest, and the probability of a demand for consumption from Europe that will take away all our surplus. This will give activity to our internal trade, and probably turn the tide of specie this way. In the meantime we must quietly and patiently wait the pro gress of the season and of the war. A few weeks may make great changes in the position of all parties. We are at present only interested in our approaching har vests, as our prosperity depends entirely upon them There never was a time when the changes of the weather were watched with greater solicitude by the mercantile classes than at present. The agriculturist is not alone in his anxiety for bountiful crops. Every interest in the country is concerned, and we shall hail the a scaring of our grain crops, with an abundant yield, with great joy. Last year we experienced one series of disasters, from the opening to the close. This year we have been thus far exempt, and long may we remain so. Prices current at the first board to-day, compared with thoie ruling at the elose yesterday, show an ad vance in Louisiana 6's of % per cent; Illinois Central lends, ; Cumberland Coal, 1; New York Central Bail road, % ; Harlem, )?. Erie Ballroad went up %, but fell off and cloeed at a decline of X D*r cent. Indiana 5's declined per cent; Hudson River Ballroad, Illi nois Central bonds sold to the extent of $60,000 this morning, and Improved from the opening. Other rail road bonds were particularly dull. About the usual variety ?nd quantity of State stocks were offered and sold, without much change in prices. After the adjournment of the board the folio wing bcncs were cold by Simton Draper:? $20,000 N. York & Harlem R. R. 1st m't 7's and Int.. 87 X The following sales were also.made: ? $48,000 Sacramento County bonds 83 to 80 Adrian H. Muller will hold bis regular weekly sale of stocks and bonds to-morrow, (Wednesday,) at 12)? o'clock, at the Merchants' Exchange. At the second board the market opened and closed heavy. Cumberland Coal declined \ per cent; New York Central Railroad, Harlem, 1; Erie, ; Hudson River Bailrcad, 1. There were do lalea of Reading. This appears to be quite a reaction since morning. The sales this afternoon were principally on time. There is not much cash stock offering. Books for subscription to the capital stock of the New York County Bank will be opened ou Wednesday and Thursday, the28d and 24th lust.. from 10 to 3 o'clock, at the banking house corner of Fourteenth street and Eighth avenue. The capital is $200,000, in shares of $1(0 each. The following gentlemen oompMe the direc tion;? Chas. A. Macy, president; Ambrose C. Kingsland, Paul b'poflord. Kdw'd baight, Jno. Pettigrew, Ely Hop pock, Benj. F. Wheelwright, James Barnes, Tunia Van Brunt, Luke H. Holmes. The transacticns at the Assistant Treasurer's office to-day were as follows: ? Paid on Treasury account $91,31162 Received do. 69,448 21 Balance do. 2,363,251 62 Paid for Assay office 65,935 00 Paid on dUburing cheeks 50,754 84 The warrant* entered at the Treasury Department, Washington, on the 19th of May, were as follows: ? For the Treasury Department $285 00 For the redemption of stock 11,832 04 For the Interior Department 99,527 43 For the customs 129.225 88 For amount of warrants received and entered. 65,066 12 Fcr covering into the Treasury from miscella neous sources 25 06 For the Navy Department 1,364 17 For repaylrg in the Navy Department 18,448 00 The steamer Nautilus arrived at New Orleans from Brazos St. Jago, on the 14th inst., with $176,654 in Mex ican dollars ; and the schooner Mary Caroline, from Tam pico , same day, with $6,876. Thereeeptsof the Milwankle and Mississippi Railroad Company for the first ten working days of May, show a large increase over the corresponding days of last year, the figures being as fellows:? 1864. 1865. Passengers $3,960 46 $6,639 72 Freight 8,890 84 9,218 1? Tctal $12,851 30 $16,061 90 As the subject of cheap coal is again before the pub lie, and a* the agitation hitherto has rather increased than depressed the price, a view of the position of the trade will facilitate the object, and at least prevent the fluctuations to which the market is every year exposed. The production of ooal, with the exception of rent to the owner of the land, Is labor, and as each department ia controlled by a steady demand, it follows that a living profit can only be had by the united action of the dealer and producer. The season from which the supply is ob tained ranges from the middle of March to the 1st of De cember, aad as the labor and expense of transportation are the heaviest items in the production, it ia the policy of the transporting companies to provide only the ma chlnery that will average the demand. A surplus would Interfere with(thelr profits, or eould only be met by an in ?Kftied charge, JThes, ia reference to the peBey *( Uif producer, sum the rent, labor ud transportation are demanded m ?uk, M foMows tlut 1Mb or its equivalent mu,t control hla operations. Ha, therefore, arringes with the dealer in the beginning of the muh for the neceisa ry fundi, ud employe Um foroo adequate to bis engagement. But u the dealer Is dependant upon hla customers, or the every day demand, to sustain him, It ia obvious that a faUara to fulfil hia obligation to tha latter, will reach tha producer and of couree check the enpply. The season, however, rolla on, and being farm, liar with the ultimate demanda of the market, the par. tVea who are expo* ad to the oonttngeney ralee their price, which eventually cornea (rom the pocket of the con Burner. , ,, If aueh, then, ia the effect of tha "one ton ayatem, and If tt* consumers will reflect upon the condition of the market? upon the capital required to keep it in an active and healthy itate? and upon the eoet of tha sev eral ltema that make up the whole of the cost, it ia believed they will lay In their orders at the earliest period of the aeaaon, and patiently wait unUl capital and competition reduce or regulate tha prloe. At pre ient the coat of rent, mining, preparing and transporta km over the lateral road a to the Reding railroad or ehuylklll canal, la $2 60 for red aah, to $2 10 for white, without the profit of the contractor. Thla, added to 'he tranaportation and freight to Mow York, makes a sum to be met in cash of $5 10 to $5 60 per ton. And the consumption of the city ia estimated at a million and a half of tone, whleh at the cost of mining and iTaneportation, (now at the moat reduced rates,) Is over ight and a half mllllona of dollars. Last year, acoordlng to tne returns from the several i our tea of aupply, the entire coneumption of anthracite eoal exceeded 5,847,369 tons, being 852,318 tone over the prevloua year, or 11 per cent increaae. Thle amount added to last year's bualnesa will make the demand for 1866 not lees than 0,490,578 tone. Bat as the con sumption last year was cheeked by the effect of the Schuyler frauds, the war In Europe, and the exoessive importations of iron? new no longer acting against the coal market? we cannot estimate the business of 1866 at lesa than 0,800,000 tona. The abundance of capital, the scarcity of goods In all the country markets, and the preepeeta of an abundant crop, with the fact that ?ur manufactories must be kept in motion, warrant a more extended estimate. But as the country Is not exactly In a condition for suspending its operations, and as it la generally underatood the coal trade com menced the year with clean yards, we cannot auppoee 600,000 tona ever would be felt at the several places of eonauaaptlon. Up to the 17th of May the total receipts of anthracite eoal amounted to about fourteen hundred thousand tona, leaving the quantity to arrive during the remain der of the season, to meet the aggregate consumption, about five million five hundred thousand tons. This enormous amount of coal has all to bo transported to tidewater in the space of twenty- eight weeks. An ave rage arrival of two hundred tons per week for the rest of the year must be reeBied to meet the required wants of consumers. The weekly receipts thus far have been eontiderably below this average, and the works of trans portation must be much more actively employed to meet the demand. The price of coal from this time out de pends upon the ability and dir position of those engaged directly in getting out coal for market. They can re gulate the supply as prices justify, and they will not keep up full receipts in the lace of falling prloes. Time waits for no man? and as coal dealers are but men, they are affected by the progress of the season, as others are who have just so many weeks or months to lay In sto sks for future consumption. If the consumption and pro duction of eoal kept paee and moved together, it won be well enough; but as the consumption of ooal is great est when the production 1s the smallest, it follows that stocks must bo accumulated to meet the demand when supplies nearly oeaso. Any reduction in prloes now, caused by a limited demand, would be very likely to reduoe our weekly receipts, and every too taken off from our week ly receipts now, would help up prices at the dose or the season. The laws of supply and demand are so ar bitrary that any deviation In one is sure to be felt In the other . It Is pretty clearly established that the consump tion of anthracite coal during the year 1855, will range from 6,600,000 to 8,800,000 tons. If by any cause the supply should not amount to more than 6,200,000 tons, it follows that there will bo a deficiency of from 300,000 to 600,000 tons. Now, the effect of this deficiency on the market value of the quantity received, would be more double the entire value of the quantity short. It is the interest of the ooal dealer who has capital enough to lay In a full stock at the opening of the season, for small consumers to hold back and not make their pur ehasts until fall, for * limited consumption, or, rather, limited purchases throughout the summer are calculated to check receipts, and ultimately enhance prices. The annexed statement exhlbite the condition of the banks of Massachusetts on the 7th of May, 1865, accord ing to returns made to the Secretary of State? Baku of Mama CHTrsrrre? May, 1856. LiabUitiet. _ . , 87 City. 13 ICo^ry. IMaX Cumta! $32,710, Ci 00 26,566,620 L68,26?,620 ? S?S hind.'.".'. . 3,114,820 1,914,077 6,028,897 Total $66,866, 553 46,938,518 102,306,071 NT. bin.o,.xc,tf0.$62^To|?, 44,410 267 97,101.8^ Kesjestate...'.".... ? ? 663,866 532.644 1,186,610 ToUl 166,306,653 46.938,618 102,906,071 The following will exhibit the condition of the banks of that State on the 1st of January last:? Liabilities. 37 City. 132 Country. Tbvd. Capital $32,181,760 25,132,853 67,314,603 Net circulation 4,901,641 11,418,027 16,319,668 Peptsits 11,4M,870 ft, 106, 766 16,001,631 Frofita on hand 3,222,396 2,145.622 5,367,991 Total *61,800,630 43,803,267 95,603,793 Resources. N't's, billi of exc.fcc *48, 389,303 42,300,468 90,089,771 Specie 2,767,367 970,146 3,727,512 Real estate 663,866 532,644 1,186,610 Total *61,800.536 43,803,257 96,603,793 Tbe above statement txhibl to, upon comparison with the condition ef tbe bank* upon tbe 1st day of January last, an increase in tbe item of capital of *961,717, of net circulation, 11,129,617, of deposits *4,958,938, of loan *6,411,564, and of specie *289,724; and a decrease in the item of profits of *389, C94. Tbe Vermont and Canada Railroad Company recently instituted chancery proceedings to obtain possession of the Vermont Central Railroad. The application for pos session was basod upon a breach of condition in the leaie under which tbe ermont Central Company occu pies aid runs the Vermont and Canada road, the former company having failed to pay the semi-annual rent due on the 1st of December last . The hearing on the appli cation was had before Judge Poland, at 8t. Johnsbury, on the 15tb, when two of the trustees, Lee and KMreoge, filed their answer. Neither the Vermont Central Com pany nor trustee Smith appeared. The validity of the lease was not disputed. Tbe trustees resisted mainly on two grounds? one, that the Vermont and Canada Company was indebted to the Vermont Central Company for advances and expenditures made in the con struction of the road of the former, in the amount of *262,000, whieh, it was claimed, was a legiti mate set-oil to rent; the other, that the lease did not convey any of the personal property acquired sub sequent to its date, July 9, 1860. The Conrt overruled both ot these objections, holding that whatever might be the fact as to tbe alleged indebtedness of the Vermont and Canada Company to the Vermont Central Company, tbe trustees eould not derive any beneficial effects from it; that tbe Vermont Central Company only bad a legal claim upon it, and could collect it. In rsgard to personal property the Court held that tbe Vermont and Canada Company bad an equitable lien upon all in ezistense when the contingency, which gave them the right to enter upon and operate the Vermont Central occorrel. Judge Poland made his decision on the 17th. His de cree enjoins tbe trustees from resisting possession by the Vermont and Canada Company, who may, therefore, enter upon and run their own and Vermont Central road, at their will, npon the following conditions:? 1st. Assume and pay all liabilities and advances of tru?t?es growing out of tbe discbarge of their dutfos, giving bonds in *260,000 therefor. 2d. To operate the road prudently, snd to the beet advantage, giving bonds in *60,000 therefor. 8d. To appropriate the income to payment of existing trurtee debts and running expenses. 4th. To pay over to persons appointed by the Court anv surplus of earnings alter discharging the obligations referred to unc.er 3 6th. To bold the property subject to the order of the Court. This decision is not final, and the ease will probably go up to the Supreme Court upon various questions of law; meantime, It is presumed that the Vermont and Cauada company will take possession of the proparty. The April earnings of the Catawisaa Railroad Company, for the business transacted en its own road, amount to $21,219 66, of which *12,903 00 was derived from pas sengers, and tbe remainder from freight and express matter. These earnings were almoet entirely frem way t aliases, a?d mtj be oensideted large when we refer U> the fact of the road being a m? oh. The express train* recently M* on, by which >MHigm hire u opportu? ?1*7 twice ? day ef going by the Carawisaa rente to Aa Falls ef Niagara aad the extreme Weet, iuMt (all greatly 1* increase the business of thia eoiapaay. The receipts ef tke Montgomery aad Weet Paint (Ala bama) Railroad Company for the flaeal year adding; March let, were $210,028 00, and the operating expenses^ including interest paid on loans, $168,667 54; lea vine far net profit $80,077 14, equal to $ per cent an the ca pital stack. Stock Klchmage, Tcmdat, May 22, 1866. lOOshsN YCsa.bl6 92k" 100 to klO 02^ 100 to hOO 260 to sOO 260 to ? 60 to bM> 800 Erie Railreel. . . . $6,000 la Canal yr 6's 1,000 la State 6's.. 10,000 Virginia fi'a.. 2,CU0 do 4.060 Missouri O's ?3 10,000 <o.-....M 6,000 da 6.000 do., .b30 6,000 Lauisiana 6's. 1,000 Cal 7's, '70... 1,000 11 In Im stk '47 2,000 Erie Ms ef '76 6,000 11 Ce RRb.b60 21 83 * 07 06* 01* 01* 01* 91* 01 80 ?4? 87* 73)4 78* 78 * 7S* 74 74 88* 10,000 do ....beo 4,000 do 6,000 do s? 16,000 do M0 10,(00 da b3 1.0C0 N "? Cen RR b 6 sbs Del & H Ca Co 127 20 Shoe k Leath'rBk 09* 20 Corn Exch'ge Bk 101 10 Atlantio Bank ... 81 6 Ohio Life &Tr Co 88* 20Penn Ceal Co.. . . "" 200 Cuns Coal Co ... . 2* 32 40* 4?* 26 X* 40 3$ 48* da do. do da. da., . slO .slO . s60 do. da da. do. do., do.. .slO slO ?b3? .blO .>60 do 106 2i* 27* 27* 27* *7 * 27 * 27* 28 28 28* 28* 28* 28* 28 28* 28 02 SECOND $1,000 Missouri 6's. . 01* 2,000 Louisiana 6's. 00}? 600 N Y Can RR b 88* 600 111 Cen RR bds 73* 20 shs Bk NAmerica 104* 60 Bnd Rly RR. s60 80 100 do hSO 30* 100 Cum Ceal Co.sOO 27* 200 do b?0 27* 100 do b3 27* 100 do bfiO 27* 100 do 27* 100 to sflO 27 100 60 350 100 200 100 1.000 150 200 460 200 100 700 200 100 16 N Y Cen RR. 400 do. 200 to bl6 260 do b30 60 do bM 160 da 60 do klO 460 do 200 da b3$ 200 to 100 do s60 100 Harlem HR 28* 400 do 20 20 do 28* 100 do s60 28* 20$ da s3 28* 200 da M0 100 Nor t WorRR.. 36* 200 Reading RR $7* 304 do b30 87* 100 do s#0 187* 100 do e 87* 400 do $7* 41 Hud Riy RR. .... 40 81 Mich Cen RR.... 88* 10 Mictto&NIndCon Oft 50 Panama RK 08* 50 do b60 99 300 do s30 08 25 do MO 06* 200 do ?60 07* 75 III Cen RR 08* lfc5 Ualena k Chi RR. 96 26 CloT fcTolRRbdO 81* 270 do 81 65 Chi & Rk ltd RR. 86 BOARD. 100 shs Nie TrOe b30 16 26N TCen RR.... 01* 60 do M0 02 200 do s30 01* 560 Brie RR b80 48* 100 do si 5 48* 200 do itCO 48* #60 do s3 48* 100 do sit 48* 100 Bartons RR..b80 28* 100 do s3 28* 60 to 27* 20 Gal ft Chic RR.. 06 Bales of Real Eitatc. The following sales of real estate in this city, were made yesterday at the Merchants' Exchange. The bid ding wai Mt vary brisk, and on tha whole prices wara considerably ander the expectation of sellers, and acme of the property offered was withdrawn in eonseqneaes:? 1 gore lot aouth aide Eleventh a traet, weat of Eleventh avenue, 26 by 119 $100 Hot aonth aide Twenty- seventh street, west of Mth avenue, 23 by 99 2,100 4 lots adjoining, same site, each 2,200 1 lot adjoining, 26 by 100, with building 4,100 2 lots, with briak double bonse. south side Twenty fifth street, between Seventh aad Eighth ave nues, 60 by 117 14,000 1 lot on Tenth avenae, near Thirty-first street .... 300 1 lot north side Twenty -first atieet, west of first avanne 4,100 1 lot southeast corner Fifth avenue and Thirty eighth stteet, 29 by 100 9,460 1 lot adjoining, on Fifth avenue, 20 by 100 6,700 1 lot in the rear at above, on Thirty- eighth street, 26 by 106 6,200 HABLEM PBOP1RTT. 1 gore lot sonth side of 116th street, west of ave nue A 17? 1 gore adjoining 164 1 lot north side lltth street, between avenue Aand First avenue, 26 by 100 296 1 gore lot south side 118th street, west of First avenue 206 1 do. adjoining 156 1 do. adjo.ning 80 2 lots east side First avenue, next to corner 117th street, 26 by 1C0, each 346 2 lots east aide First avenue, between 117th and 118th streets, 26 by 11)0, each 340 1 lot north aide 117th atreet, between First avenue and avenue A, 26 by 100 300 1 lot adjoining 260 2 lots south side 117th atreet. between Firat ave nue and avenue A, 26 by 100, each 245 2 lots south side 118th street, between First ave nue and avenae A, 26 by 100, each 290 1 lot south aide 117th street, between First avenue and avenue A, 28 by 100 230 1 lot north side 116th street, between First avenae and avenue A, full lot 326 2 full lots north silo 118th street, between Firat and Heoena avenues, each 328 1 full lot sonth side 119th street, between First and Second avenues 308 3 full lots south side 120th street, between First and Second avennea. each 309 1 lot e sat slae Second avenue, 60 feet north from the corner of 121st atreet, 20 by 100 629 11 full lois aouth side 121st street, between First and Second avenue?, each 447 2 full lota north side 121st street, 126 feet west of Second avenne, eaeh 447 BROOKLYN PBOPBKTT. 1 lot on Stuyvesant street 9210 1 corner McDonough atreet and Broadway 260 1 adjoining 225 1 do 266 1 do. on Broadway, 26x46 162 1 do. do. 26x66 180 1 do. 25x67 190 1 do. 26x77 210 1 on McDonough street, in rear of above, 26x66.... 162 1 adjoining, 26x67 180 1 do. 26x77 190 1 do. 26x88 210 1 do. opposite, 26x100 17T 1 gore corner McDonough street and Division ave... 266 1 adjoining, 26x94 207 1 on Cbauncy atreet, near Hopkinson ave., 26x100.. 140 1 adjoining, en Dlviaion avenue 240 1 doT 26x94 236 1 <o. 2ix84 226 1 on Decatur street, in rear of above, 26x73 226 CIl? TRADE REPORT. Tuesday, Kay 22? 6 P. II. Bkebwax. ? 2,000 lbs. yellow sold at 26c. a 26^c. and 27 X cents. Bskadstcfts.? Flour? Common and good grades were 12c. a 18c. per barrel higher, with an active market; the aalea for the day tooted up about 8,000 a 9,030 bbls., In cluded m which were about 4,<iOJ bbls. common to good State, at $10 a $10 26 ; do Western, at $10 26 a $10 31 ; Canada, (3.000 bbls.,) at 12)fc advance, vis.: $10 l$a $10 87; Southern, (7u0 bbls ,) at $11 26 a $12 60? the latter for extra brands; the market closed firm. Wheat ? Bales 1.600 bushels bouthern and white Canadian war* made at $2 48 a $2 66, with small lota white Michigan and Canadian at $2 60 a $2 60. Corn ? Sales of 38,000 bush, were msde, including mixed and white, at $116a$l 16, and yellow at $1 16 a $1 17; 1,000 bush, yellow sold at $1 18; and 9.000 bushels Western mixed were sold, to arrive soon. Oats were quiet Kye ? 600 bushels sold at $1 75. Jsrsey meal was at $6 25. Rye flour was un changed. Casha.? 200 mats were sold at 40c. Cocoa. ? 86 bags Para acid in bend at 7%c. Corns ?The market araa steady, with moderate sales; 100 bsgs Msracaibo sold at 10){e. a llJic ; 100 do. Laguyare, at 10)*c. Coiton.? The market continued firm, with sales of about 3,500 bales. We quote Upland Texat and and Florida. Mobile. X. Orlcani . Ordinary 0 a 9J< nom. 10 Middling 10X?10X 10? 11 Good Middling lli?allX 11* MX Middling fail llHallX 12 12* Fair to good fair.... nom. nom. nom. Frights.? To Liverpool 600 a 800 bales eompreeaed cotton were engaged, chiefly to fill np, at 6-3Cd. To London 600 bbls rosin were taken at Is. 9d. To Glas Io w 1,000 bbls. tar were taken at 3a. To Bristol 1(4 bis. spirits turpentine were taken at 6s., and 500 bbls. at p t. To Bremen 100 bales of ootton were taken at Jic. Rates to Havre and to California were quiet and unchanged. Firrr ?Sales of 200 a S00 boxes bunch raisins wore made at $2 40; and 2.000 boxes were fold by Oreenough It Co. by auction, slightly damaged, at $1 66 a $2 37 for whole boxes, $1 C6 a $1 26 for halves, and quarters 27c. a 67c., cash. Eat quiet but firm at $1 12. Bxnr.? Atout 600 bales of Manila were sold at lO^c. a 10Xc. Iro*.? 160 tens Pceteh pig were sold at $24, cask. Molafssp.? The market was quiet. Ssull sales Cuba claytd were made at 24o. Naval Storr ? *!eles 700 bbls. spirits turpentine were msde at 44c. a 45c. ; tbe latter for a lot in disorder; 600 bbls. raw turpentine at $3 25; aad 100 do. fine roam at $3 per 310 lbs. Pkovwiohs.? Pork ?Transactions were large, ana ?sw mess closed firmer. Tbe sales amounted to about 6,900 bbls. , li eluding old mess at $16 62 a $16 76, aad aew mess at $17 76 a $17 81, and new prime at $14 60; 1QO bbls. pour mess sold at $16 12. Included in the above sales were 6,000 old mesa, deliverable In June, at $17, which was said to have been purchases to refill a French order for that lost at sea tone time back. Beef was firm, with sales of 360 bbls.. including country mess and prime at full prices, and 160 da. railroad beef aeld at $9 76 ; and a lot of 60 bbls. good Chicago at $16 26 a $16 37. Cut meats were steady, with salee of 300 packages at 71.. o a 7 ke. for shoulders, and at 9J^c. a flXe. for ham*, lard? Salee of 600 bbls. ware made at lojfe- a 10><e., and 1,(00 kegs were sold at p. t. Btcir.? About 200 catks were sold at 6Ve a 17fr of which was strictly prime, at 6)<o , sold for export SroARS.? IOO hbde. New Orleans were sold at 5)f a ?>? c., and 300 a 400 do. Cuba at 6*c. a 6* c. Tallow.? Sales of about 8,000 a 10,000 lb?. were re ported at about 11 >4 c. a 11 Jfc. Tobacco.? Kentucky is quiet but firm; in other grades a fair smount of business la doing. The sales were 66 bbda. Kentucky at 9 a 12^e-; 962 bales Havana at 26c. a 56c. ; 42 bales Cuba. p. t. ; 120 caaea seed leaf, 6c. a He ; 60 do. Florida, p. t W awmrr.?lhc Mils embraced 90$ bbls, Slate, at $$>fo