p.2 The Late Gale - Some damage to the shipping on the lake was done during the late gale, as might be expected at this late season of the year. The steamer Highlander was nearly wrecked on Sunday last, in being towed down to Prescott by the Gildersleeve, which was much injured. The steamer Comet went on shore near Toronto on Sunday but is expected to be got off. The steamer Niagara touched at Kingston on her way down the river yesterday to be laid up; she was in great danger during the gale. The weather is still stormy; wind from the north, and some appearance of snow.
p.3 The steamer Niagara went down to Ogdensburgh last night, and will return and leave for Oswego this evening.
THE STEAMBOAT MONOPOLY.
We retain our old title on the Steam Boat subject. It has often been our duty to express deep regret at the existence of a practical monopoly held by certain individuals of the navigation of our fine Lake, which from the high fares, was injurious to the business of the province, while it imposed severe restrictions on family and friendly intercourse, and on the visits of strangers to our shores. The monopoly has for the present terminated from a cause which we sincerely regret - the failure of Donald Bethune, Esq., the chief steamboat proprietor. While we did our best to encourage opposition to the system pursued by that gentleman, of buying up through injurious though strictly legal operations, all opposition; whenever any demonstration was made to reduce the fares, we never for one moment suffered our opposition to take a personal shape. The monopoly has come to a close - not from opposition as many may suppose, but from the badness of the system itself. If moderate fares and a great increase of passengers had been aimed at, the result might have been different, but this cannot be fully pronounced on. The extreme of high prices, part of which is spent in buying up opposition - and that of an undue competition, which forces fares below a remunerating price, are both to be deprecated. We have no sympathy with an opposition which does not leave to those engaged in it, an ample remuneration. While we have disliked the system of Mr. Bethune, we have often admired the calm and persevering energy with which he carried on his business, and his manly course in encountering the difficulties by which he was surrounded. We would be glad to see him once more engaged in the Steamboat business, if he would but drop his system of monopoly, and no longer put a toll bar across our vast lake. Whatever pursuit he engages in, many will unite with us in wishing that it may have a more prosperous issue than that in which he has lately been engaged. [Toronto Globe]
Kingston Marine List.
Vessels Arriving In Port.
Dec. 1st - Schr. Sarah & Cornelia, Port Dover, 386 bbls. flour, J.H. Greer & Co.; 24 do. middlings, Macpherson & Crane; 510 bbls. flour, H. & S. Jones & Co.; 41 bbls. whiskey, H. & S. Jones & Co.
Str. Niagara, Sackett's Harbor, gen. cargo.
5th - Schr. Sinbad, Chicago, 9109 bush. wheat, Hooker & Henderson.
Schr. Susan, Oswego, gen. cargo.
CITY OF TORONTO,
Will leave for Toronto on Wednesday the 6th, or Thursday the 7th December, calling at Coburg, (weather permitting.)
A. O'CONNOR, Agent.
Kingston, Dec. 5th, 1848.