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The state OF political parties in this country at this
tme is such ss to forbid all calculations to the u


mate u of the contest now so near at hand, and In
consequences Of this position OF the parties, operations in
securities likely to be affected by the result have been
rather limited 60 far State credit is concerned the
success the whg party may be advantageous to those
interested for the time; but the prospect at present Of
either Of the parties having the power to carry through
any OF their great Is sight, that in TACT
matters little, far the great interests Of the country


concerned which obtains the election Of its presiden
tisl candidate It will be nothing than the sscen
dency party unlcsss the two representative parts OF
the general government undergo change during the
presidential term This being the true state OF political
affairs, follows that any Improvement In State credit or
commercial affairs must grow out Of renewed confidence
rather than from any actual legislation revolution in
the present policy OF the government The distribution Of


the proceeds Of the public lands cannot take place. unless
we have greater change in political affairs than yet expe
riencsd Each part OF our government established
serves check upon the other The two houses Of Con
gress are divided aud the executive only have
jory in one house. This division prevents party egs


asion and the people receive the benefits Of being
let alone This Ia very desirable condition Of political
affairs and the longer Estate things continues the
better for every interest Of the country 50 far the


nanca affairs Of ndiv ua arelconcerned we have
very little change to notice What improvements may
take place from change Of party msjortes in the egs
latures Of the delinquent States cannot yet ima
gne but there IL very little hope left that any effective
efforts will be made to place their financial affairs in
favorable position than they at present occupy. Ad.
vceairom Maryland give very encouraging reports from
some sections of that State, in relation to the payment Of
taxes both those Of the present year and these in arrears


but we have evidence that the result will be
realized throughout the State. The people Of
Pennsylvania have, by a very large majority, given
their that the main line Of the public works may
be sod according TO the terms set forth in the Of the
last legislature The price set upon the line, which
cludes the Columbia and Philadelphia Railroad. East.
ern Division Of Canal Junata Division Of Canal, ALLIE.
shany Portage Railway and Western Division Of Canal


il s2o,ooo,ooo for wo ks that cost the State sla,.
ssl $40, noa wbch revenue amounting 10 s7,elas
pal has beea received, and expenditures amount