EDITORS CORRESPONDENCE.

From our regular eOresPOndent.l


NEy YoRK. March 81. ls46
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NEw YoRK. March 81, 1886.
Packet day for the Hibs,iaj she goes Oui completely


filled i0ih passsrgsrs.-Siais tributes derived from


passengers and goods railroads, NOT Jair and 10


erGi, and probably unconstitutional Libsraiiy Of


Nsto York toioards railroad companies Of other


Siaies.-Ihs President and iohig journals "A netO


French democratic paper IN .Ns0 York.-Ihs .April


number Of the Democratic RsvisU, &c.


This has been busy day for the merchants, as it
is packet day for the steamer Hibernia which sails
tomorrow for Liverpool. | understand all her
berths were engaged before, or in a day aher she
landed at Boston. number of persons who de-
signed to go out in her have been disappointed As
they 90 out in splendid sailing packets Of
the LIST and 9th April, and almost quick, with the
enjoyment of every comfort and luxury necessary
TO make the passage agreeable the disappointment,
may, after all lead to their advantage. An over
crowded steamer under no circumstances, can prove
as comfortable the large and airy sate-rooms
and cabin saloons Of the splendid New York pack
cts. The paeket-ship Ashburton sails on the 9th of
April, and the Europe on the LIST, for Lverpoo and
the Baltimore, Captain johnson, for Havre on the
LIST. All these are splendid ships, have fine accom-
modations for passengers, and charge reasonable
rates for passage.


II seems that Governor Skunk, of Pennsylyania,
has signed bill giving the New York and Erie
Railroad liberty TO pass through small corner Of
Pennsylvania to get round point of a mountain on
per annum for the privilege! As there is somewhat


less practicable route surveyed within the State it
is likely the directors Of the road may conclude TO
adopt it, in preference to placing themselves, and the
public who may patronize their road, under such
heavy tribute TO an adjoining State.


Without wishing TO cast censure upon any State
parties, yet the policy Of compelling railroad COM
panes to pay heavy annual contributions TO the
treasury Of State through which it may happen TO
pass does not strike me as fair or liberal IL is said
the State Of New Jersey derives bonus OF $50 900
-
York to Philadelphia, across the State. To meet
this the directors compel all passengers TO pay tr
he four cents per mlle the price that was
charged by stage coaches after the revolution
airy war. IL may be doubted whether the States
possess the power TO tax persons and goods pass
ing through them. IL would to US, If they pos
sessed this power over transportation on railroads,
they could exercise the same power over rivers,
turnplkes, common roads, and all other channels OF
conveyance. / should like to see the constitution
aty OF the subjost tested. While New Jersey and
Pennsylvana have operated against their neg ghbors
by refusing channels Of communication to be open
ed without taxing them heavily when thus opened
New York, on the contrary, has shown the greatest
spirit Of liberaty, the connexion Of Albany TO
Boston by railway has shown. She has also grant
ed the privilege 10 Connecticut and other States 10
penetrate the State with railroads without heavy
tribute, taxation, any other burdens than those
imposed on her own citlzens Having led the way
in internal Improvements, she has shown no mar
row.minded and contracted policy towards others.


The ship Moselle arrived at Boston yesterday,
after passage of eighty days from Havre!


Friday, the 10th proximo, is fastday in Vermont.


There is no method Of satisfying the whg jour
nails the part of the President He either says
too little or too much In short, he will not speak
as they would dictate. He will not say what would
be most conducive to their plans and desires for
manufacturing political capital. "Tis true, and
pity It's Ills true" See the New York Commercial OF
to-day, &c.


A ne,o French papr.-"The Franco-Amercan" is
the title Of new French paper just commenced in
this city. have examined specimen number. 1t
is 10 appear regularly from the 9th Of April next.
1t is edited by M. Rene Massan. Ii is TO be demo-
cratic in its character. IL is intended to be more
strictly in unison with the feelings and views Of the
republicans Of France, and the same party in the
United States; to circulate sounder doctrines in ref
national institutions, and bring the lib
eral parties of each country more directly into con-
tact and into better acquaintance with each other


The sentiments put forth by the "Courrisr des
Etats Unis," has not at all times been calculated to
meet the approval Of the republican portion of our
French brethren resident in this country Its tone
has often made it appear as the advocate of mon
archy and legitimacy, in opposition to democratic
institutions.


The present number Of the "Franco- American il
neatly printed and its articles, both original and &c.
ected, give evidence of talent and taste. The
Franco American" has my best wishes for its sue.
CESS IL IL puDilsneu al oU NASSAU street; price OF
subscription, six dollars per annum.


The Democratic Review, with great punctuality
has just made its appearance, ready for tomorrow,
| the first of April have not time to notice it fur
ther at present than to state, that nconains many
ably written and interesting articles among which,
is an able piece on constitutional Reform" Mr.
Keuel, the new assistant editor, by his industry
and attention to its columns, has thrown net life
and vigor into the work. and henceforth it is des-
tined to assume still higher rank among the peri
odIcals of the day


.Ns'c York market, this day ~ p. m.-The stock
market again buoyant, and prices of some
kinds slightly advanced. Only 200 or 300 bales cot
ton sold; no change in price, market firm. 1900
barrels -four sold (Genesee) at IS 43, other small
sales made at IS so. 1000 bushels New Or
leans southern white corn sold at 81, weight 300
bushels rye sold at 80 cents. 1000 bushels wheat
sold at 81 %; Some superior lots of North Caro-


lima corn was held at 20 cents. Tobacco, quiet.
Western provisions still firm, and sales were freely
made of pork to-day at full prices per last quota
TONS Fuller market report tomorrow.


Exchange London firm at TO- On Paris, 25
a S 26t.


Freights to Liverpool, for -four, Is. Cd and for
cotton 3-16 are current. To Havre, cent for cot.
ton. In great haste, yours, truly,