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StFO7tgef uSCtonf0tt0Hs-AHS . , riean of wedDe as to illustrate this pxOm ssys -" The United States Bank and it's branches are ha- biIuay spoken of tn certain quarteres seeking to apply the scTeVs iR order to epPrsss the cOmmWity- There have been many evidences before of the tase- hood Ofthis charge. We about to add new one. The Chemical Bank of this city, which keeps, per- haps, more small accounts than almost any other in the city, OfpersOSs engaged m retail business, and of mechanics, has, from aniOunded cause, been run upon for day or two: upon learning which, the Branch Bank, this mOraing, made them loan of $lOO.OOO; thus eviacing lher confidence at once in the Chemical Bank, and their desire aid in reiev- ing the communiIy.''

 Canal from the HsdsOw to the Honsat6nic.-A short ime since, Messrs. Winfield and Dewey, couple of civil engineers. were appointed ny the citizens Or Poughkeepsie examine the ronae for proposed ca- nal from ha. place to Slockbrdge Mass. by the way of Salisbury and Canaan. The engineers have now made their reporl-Grom which it appears iha, the route far the northwest section of this county concerned, is considered mpracteabe for high wa levei for canal purposes. They however propose another examination by competent engineers for the purpose of asceraiuing f another than the one contemplated cannot be pointed out. We make large extract from the report of the engineers:-

 We present the result of the examination made for the purpose of testing the pracicaity of conveying the waters Oi the Hnusatonic river, level O su cient height, to enable o pass, with canal, the Ore Hill at Salisbury, and thus reach the Ohloag Valley. Fncompliance with suggestioh tile ier,er of instructions advised, lbal preliminary level should he run froas Raldd's Pond near Spencers Coraer to the Falls al Canaan. The levels of the Housalonic River had been previously Rscerained, iR reference to another project, and was evident that by discoy- ee Of he 1rp phn could decide how far 1t would he necessary to ascend the riyer to attain inc requisite height. We srWcted not iO prosecute our examination if the falls were found to be l5O feet below iIe Ore Hill; since it would then become necessary strike the Hnusaom- ic at point where the water power of the river would be materially affected. Our examination has demon- feet below the Ore Hill, and l69 feet below Rulds pond thus, even snpPosDg the Ore Hill reduced by cutting to the level of Rudd's Pond, passing the limit indicated and rendering hopeless the project Of con- veying water on high levcL

 By former surveys, Canaan L,tle Falls were deter mined to be 606 feet above tide water. We find the Furnace Pond at Salisbury I'll feet, the Ore Hill 839 feet, Rudd's Pond 775 feel, above tide water. esers dam at Seockhridge has been previously found he 765 feet, and the dam at Lee Forge 790 feet. Thus rendering necessary to ascend the river as least lar as South Lee, before sufficient height can Be ob ianed. Consequently, this method of accomp pushing the object Is necessarily abandoMed.,

 It now becomes requisite revert to the plans, for overcoming the Obstruc,loHs at Salisbury, had iertaned the time first report was preaented- To reach the Furnace Pond, we had proposed avail ourselves of the ousao"ic waters and to attain the level oi the OhioHg Valley would either the waters of the Mountain Ponds, or resort io the em. ployment of an Inclined Plane.

 This first examinaon should he far from dispiriting us m should be considered as only bringing the sub. ject bei"re the public iU light that renders open for discussion. The failure of one project should pronp to the investigation of another, until he whole subject IS fully understood. Certainly the manifold benefits that would result village, from the

 leton of the canal, will induce all unite spiredly ln making an examination that will fuiy determine tc question; and this should be done speedily, since II the canal project cannot succeed, it would be well at once to concentrate our energies in procuring the erection" either oft railroad, or of substantial Nc Adamiz ed road.

 At ;he time the idea of tho high level was started, our rSinal plans were immediately lost sight Of We wil now take the lberty ofrecang them 10 your con- sideraon, and will advance few reasons for the con- as"ce %s W repossi" ss'eir c,say. E 'ss : ficlency of the supply afforded by the ponds on the Taghkanic mo1ninins; but were proper reflection be- slowed upon this subject, we believe the conclusion would be, that those ponds could be made 10 furnish superabundance ol 10 lock in LOb directions. Unless te trouble of calculation is taken, adequate conception can be formed of the immense additions 10

 the ordinary supply, afforded by the construction of proper dams, with self regulating slnces.

 Assuming the lowest estimate, is generally adm' ted that surface OG 2560 acres be raised eight feet above the present level. This operation alone would afford an extra supply of sixty millions of gal Ions every day during the summer season and khis without in the least impairing the ordinary flow dur ing the residue ofthe year, since the ponds would be filled during he great rains and thaws. The quantity thus secured would be sufficient pass $40 boats eve " twenty Jour hours, after making every reasonable allowance for leakage, absorption and evaporation and would be than ample to fill twice every day the entire canal from Salisbury tO POughkeepsie.- - Even assuming that but 1.-the Of this quantity could be obtained, "ond afford, together with the present. supply, far more than would ever be required These mountain ponds arc not sole reliance. Rud6 g Pond, many localities in ihe Obiong Valley tie Sis- sing, Thompson and Buitermk Ponds, could all be made large and eftecfual reservoirs.

 Ky abandoning the project of high level, nearthe iolsatonic Valley, we obtain far preferable ground for onr imprOvement--we procure ihe more ready operation of the inhabitants than if located on the nounians--ihc water p"w CT of ihc river is n way impaired aBd far extensive region of country is accommodated. Competent engineers, ,-ii,ose par tcularly well versed ip water works of every deacr

 iioD,sioUId examine inc eniire rO1te ascertaio fife area, the present flow. and 0f raising the vari Ous pOnds also what new selections may be made of localities suitable for reservoirs; and thus put the pui- pacity of the different to furnish adequate supply. However, admit for a moment that ai the summit near Salisbury enough cannot be procured iock both ways an inclined plane can then be easily and theapy constructed; aOd the boats thns transfer red from level to the other. IL is necessary cend bat GA feei and be rise may be gradaai that, even by a locomotive engine, Snay be easily over come. Inclined panes gre of bnt recent adoption iR cOuatry; and their on the Morris Canal, cOnmences quite iD our system oG internal improvements. and authorizes belief that in many instances they preferable to locks ia overcoming aseeDts. f5l5