NEw YOax, Aug. %, ls4s.

To the Editor of The Union
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4 I'VE" iohhb aug So iofo.


To the Editor Of The Union


The cloudy, rainy weather which has long been
Witnessed IN this quarter still continues.


| Col. Steyenson's regiment appears to give the
Commercial and other whg prints deal Of trouble.
IL will not believe that Bibles have been TO be-
distributed to il.


/ Some busybodies, influenced probably by per-
sonal feelings of ill-wil towards Col. Stevenson,
have called meeting OF citizens IN the Park, for this
evening, for the purpose of giving AN expression of
opinion on the subject. What have the citizens TO
do with the California regiment II there has been
misconduct on the part Of its commander court
martial is the legitimate tribunal before which he
should be arragned. The citizens know nothing Of
the merits of the case; and if they did, they could
not consttutonaly interfere, even admitting that
blame Justly exist. IL is probable the meeting is
called by parties who may have personal prejudces
TO gratfy-an affair in which they will not likely
ind many disinterested citizens Of sufficient leisure
| TO attend the call. The Courier des Etats Unis
repeats the sentiments Of the Sun about this regi.
ment, by declaring that il cannot reach California
tll next spring, by which period the war will have
terminated. Having shown the futility Of such OBJ
jeetons, have no more TO say.


vessel which recently arrived at Boston from
China reports having passed, in about lat. go N.
and long. l25 E., through fields Of floating lava,
which appeared as though recently elected from a
submarine volcano. Some OF the Jumps were ''as
large as a bucket"


/ A hard case.--It seems, according to the state
mens Of the editor Of the Albany Evening Journal,
that his whg friends will neither adopt his views or
''isms, nor lot him resign his post. This is very
strange, for II appears 10 me the present crop OF
wings might spare many Wssds-rank ones, too
| and be all the better for IL.


| The receipts of revenue on importations at the
custom-house, am told, continue TO be very large.
better prospect is opening up TO the farmers OF
| the country. All descriptions Of American produce
| with haiti
prices may be expected for the future. While the
/ farmers have cause TO congratulate themselves on
/ The prospect Of an improvement in prices what
they raise, they may also anticipate the pleasure
OF being able, hereafter to purchase goods for con-
sumption somewhat cheaper than they have for
sometime been able 10 do. Such are the results
which were predicted TO follow from the adoption
Of the commercial and financial policy Of the pres
ent administration. Should the crop prove at all de-
heient in England, she will require vast amount Of
our breadstutfs and provisions. Under any circum-
stances, with the great relsxstons Of restriction


trade, the export agricultural products must be very


large, tending TO sustain prices Farmers will realize
better prohts-and everybody knows when they
prosper, the whole country prospers-for on the
euluvators Of the soil mainly rest our national
strength and prosperity.


| The autumn business promises TO be much better
than was expected. Merchants are conducting their
business In such manner to be prepared for the
incoming operations of the Eew warehousing and
new revenue bills. Under the apprehension that
goods may be cheaper after the lst of December,
i considerable stocks of old importaons and of such
as are generally slow Of sale, will be worked off at
auction. The fall auction sales may be said already
&c have commenced. Several heavy sales have
been made, at which prices were better sustained
| than was looked for SO soon as the business of
| the country has had time to conform itself TO the
| new order Of things, the revenue BILL &c. will no
doubt become universally popular The shipping
interest is beginning to revive by anticipation.
| freights are firm, and more offering. A large
Der of eastern schooners heretofore idle or unprof-
| tably employed, are brushing up for new voyages.
| They are going off after salt coal, and various
other things new rigging, new sails, and new
painted huls, will appear manned by active
and enterprising sailors, ready to seek their
fortunes on the oceans wave. The ship yards
are also busy, and looking forward to still greater
activity after the new tariff comes into operation
Commerce and agriculture will experience a great
revival, while manufactures will not, il is hoped
and believed, have just serious cause of COM
plant. The only thing which mar to any ex-


tent this auspcious onward course Of things, may
result from fluctuations in the paper currency
Of the country. The banks having unduly ex.
panded during the last fall and winter, are now
to extent, by the Of things forced into
contraction in order TO secure greater safety. II
future expansions be controlled within healthy
bounds, trade will be free from the evil effects OF
sudden contractions.


| The stock-market was without material change
to-day. The sales we're to fair extent.


i Cotton.-The market was firm. The advance in


prices since the arrival of the CALEDONIA is put down
at from cent per h., at which 500 bales sod,
as follows