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 This great meeting took place at Chsc.ro a,4.. an inmense tent h the pablic sqaare. On ,k. s,A q Jsly' His said thztsihsrs were nov than I'd eco persons present from all parts Of the uuc. v, IS States were represented tn the CoOyen,,oa There were II democratic and IA wAi, Ea;,... present. The PhiIadslphia Bsllssin says:

 We have received the psoceedIpg. of ,l. first day, for which we are indebted 10 ,hs N Y. Herald. The vast assemblags was calI.S to order by W. B. Ogden. Esq, who non;. nased, for the temporary oFgAnisasion of N. convention, James L.. Barton, or BufEsln ' chairman, and A. B. Chambers, of St Ion;. and Hanscrocker, Of Wisconsin, a. seerss.' ries- A pEayewas then oiEsred up bv ,h. keysd. Mir. Allen, Of Northampton. Mas. Speeches were then made by the Hon. Tho. mas Coi win, of Ohio, and Horace Greeley Esq, of New York. On rs-assemhling {, the afternoon, the convention vas duly o,. ganlzed by ths election of Edward N. Rate, Esq, as President, with some dozan V,., Presidents aud Secretaries. Les,e,s were -. ceived from Messrs. Benton, Wright, Gas. VAa Buren and Clay, which were to he snA mitted 10 the convention on the Sollow;o, day. Col. Benton. on the whole, nav 1s said to be in favor of federal sppropriaiious for the improvement of the western lale. 'harbors and rivers. Mr. Wrighs,s yiewa a,e in the main similar to those entertained kv the Missouri Senator. Gea. Cass writes s,. lines to the conventlon--sotsyh he cagaot n. tcnd--b0t gives no npinion on .he lake a,a harbor question. Mr. Van Buren, in a hrrf letter, wishes success @to all constitutional eforss'' for western improvements, Mr Ciay. in an equally brief letter, cordially concan 'sin what is announced to be the obiec, of the convention" General Taylor's view, on this vexed question have been asked. hu, it is not stated whether the convention h.s not received an answer from Gen. Taylor if old Rough and Ready favors the obiec,s of the Chicago convention, he will say SO, without circumlocution. Mhe will say so. without circumlocution. if not, he will be equally plain and explicit

 A letter to the Journal of Commere makes mention of report presented to the convention on the Commerce and Nayiea,iou of the Valley of the Mississipippi, drawn m by Thomas Allen, of s. Louis, and from which the following summary is made h l646 the receipts al New Orleans from the upper country amounted to 77 millions oi dollars; the steamboats engaged tn the trade of &. Louis were 25l; and the whole num- Der on the Western Rivers nearly 1900, vsl. ued al l6 millions of dollars, to which as to be added 4000 keel and flat boats. The annual cost of transportation is Al millions. The total value of the domestic products put afoat upon the waters of the valley is 26O millions; and the value Of the whole com. merce afioat is 430 millions, being double the amount of the whole foreign commerce of the United States The number of steam boats lost ia lS42 was 6S; in l846 the num- Der was 36. The annual loss of lives is l60

 Tine sRags, il Is we'll known, have caused many Of these disasters. But to this con- merce of 400 millions the government does not give even snag boat, nor "a farihiBs light to designate the place of dsugeFr Moth. ing is given for this commerce, while ihs foreign commercs Is protected al an expena of6 or 10 millions annually.