Daily National Democrat

The Lafayette (Ind.) Courier says that Mr. Joseph Danziger, of that State, who had expected to be one of the passengers to Europe with Mr. Lowe in the big balloon, has resolved to compensate himself for his disappointment in the failure of that expedition by making a balloon of his own of about 100,000 cubic feet in capacity, and of a new material, which Mr. D. says has been invented by himself, called "silk rubber," which is strong enough to dispense with netting, except around the basket, and is elastic enough to admit the expansion of gas in the upper air without discharging any of it, and thus prevent the loss which other balloons must submit to or "bust" when they "get high."