BUFFALO, July l7th, 1887.
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BUFFALO, July 17th, 1887. ] The Hon. Daniel Webster, arrived in town | yesterday morning. To-day, the citizens l gave him a ride upon the Lake, all the steam- boats in port, in sailing order, turning out, and making very fine display. About half-past II o'clock, A. M., and on his landing from the boat, he was escorted by large number of 1 citizens to the Park, in front of the Court House. Gen. P. B. Porter, as Chairman of the Committee, and in behalf of the citizens, made short address to Mr. Webster, in his usual happy manner.

 MT: Webster's reply was listened to with great interest by thousands. It was an excel lent and well-timed speech, which does hon. or to the man, and should be the text of every American citizen. He was frequently inter- rupted by the applause of the assembled mul- titude; and when he finished, they gave him three hearty cheers. His speech will be long remembered, and Heaven grant that he may long live to inculcate the lesson which he gave us today. He leaves tomorrow.

 The weather continues fine, and every thlng in the grain way looks we'll. If we can nave some three or four weeks5f good dry warm weather, it will settle the question with the wheat monopolists-I hope to their total and lrretrieyable ruin, and the breaking of all banks which sustain them.

 Rathbun's trial as surmised, did not come on at the last Circuit. Three new indict- ments were found against him, which it is supposed his Counsel will be in no great hur- ry to traverse.

 Business continues dull, and no remedy seems to present itself yet. Nothing but a general bankrupt law will give us any great relief in this state. It may be hard remedy, but have no doubt it will be a saIutary one. Thousands of young and enterprising men have embarked in land speculations, and find themselves now loaded with debts which they can never pay, and of which the land will not pay one quarter. What is the conse- quence! These young men are precluded from accomplishing property-and they just live from day to day, without adding any thing to the general good. Such should not be the case. Make law, that when a man comes forward and surrenders up to his cred itors all his property, he shall go clear, and may begin anew in the world, and you con,- pei many miserly and hard listed old fel- low to give up his victim, and make a conl- promise. The vast debt which has been cre- ated by land operations, and which is now so much beyond the ability ofthc land or the owners to meet, can only be cleared off in that way. Clear away the land debt, and all our other debts will soon be paid.

 We are to have two new steamboats launched this week, both fthe first class.

 N Y. Express.