for distributing the water in the city, will make the total cost of supplying the city of New- York with water about 12,000,000 dollars* The water was introduced into the Distributing Reservoir on the 4th of July, 1842, and the event was hailed by the citizens of New-York with an interest scarcely less than that pervading the whole American people at the remembrance of the event, the anniversary of which, was on that day celebrated. At an hour when the firing of guns and the ringing of bells had aroused but few from their slumbers, and ere the rays of the morning sun had gilded the city domes, the waters of the Croton gushed up into the Reservoir and wandered about its bottom as if to examine the magnificent structure ; or to find a resting place in the temple towards which they had made a pilgrimage. The national flag floated out from each corner of the Reservoir, and during the day thousands of the citizens visited it giving demonstrations of joy and satisfaction at the accomplishment of this great work. The 14th of October following was set apart as a day for the celebration of the introduction of the water into the city : and it was an occasion of unrestrained enthusiasm and joy. Multitudes came in from the country around, and from sister cities : -- all business was laid aside for the pleasing ceremonies of the day, and the Croton water, with the beauty and grandeur of its fountains, met with a welcome which showed that its value was appreciated.