The opening of the next year--1830--found the young city in a highly prosperous and thriving position. The security and permanence given to enterprise by the charter had its effect on all departments of business. Arrangements were made at the beginning of the season for the erection of not less than five hundred substantial brick houses, and, according to the report of a prominent resident of a sister city, there was not another place in the United States which was improving and increasing in population more rapidly than this. The number of inhabitants, as ascertained by census, had reached 10,336, and was still rapidly increasing. The friends of Louisville had every reason to congratulate themselves upon her position. The pecuniary troubles which soon after involved the place were not foreseen, and, with buoyant hopes and high expectations, the citizens looked forward to a continuance of their unexampled prosperity. How these hopes were wrecked and these expectations reduced, the history of the next decade will show. The first act to be noticed in connection with the city was an amendment to the charter, which prevented the Council from borrowing or appropriating money without the consent of a majority of their body. As the project of a bridge over the Ohio was then talked of, and as the Lexington and Ohio Railroad had been suggested, and the city in her corporate capacity had been warmly urged to make large subscriptions of stock to these enterprises, this provision was probably thought necessary to prevent too great lavishness in expenditure. The next event of the year was the organization of another Presbyterian church under the Rev. Mr. Sawtell. It was commenced in April with 12 members who seceded from the First Presbyterian church. A building for worship was erected on Third Street, between Green and Walnut, and the church rapidly increased in numbers. It is at present in charge of Rev. Dr. Humphrey.