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The Evening Post from New York, New York • Page 2

Publication:
The Evening Posti
Location:
New York, New York
Issue Date:
Page:
2
Extracted Article Text (OCR)

il THUKVEN1NG POST. evemnj, apiul 7. Our friends desired to lak notice, tint after the first of May, tlic oflire of the Kvcui Post will be removed to No. 27 Fine street, 'opposite the CuRtvui House. CpSucfi ot our subscribers as intend lo ehun'e Iheir location on tha first of will please leave noiiee at th office, to prevent r.iistaacs of carrier.

The distress which his visited this ity is aovr severely felt by the mechanics and laborers. The evils which or bad system of bankin; has brought upon the community, fall at lencrth upon those who bar? enjoyed none of its advantages. is bard that men, who are neither stockholders nor customers ff r. Biddle's bank. mr of the multitude of state' banks, who nevtr petitioned for a bank in their lives nor received a single share in the distribution of stock, who are as nweti shut out from the participation of the exclusive privileges conferred by special charters as if they lived in China; it is hard we say, it is ciutl, that these should pity the penalty of a folly in wlirli they had no share, exept, perhaps, thai uf suffering it to exist when theii votes might have ended it.

Yet such is the The great brood or incorporated banks, with Mr. Diddle', bank at their head, have done the mischief. Their bnundiess issues and innumerable loans have stimulated trade and enterprise to a degree never before known in this country. Thev have built up tl.p cdWice ol credit, a huije, overshadowing, cloud piercing edifice, on foundations so narrow, that a single breath of heaven's air has caused it to topple to the ground, burying in its ruin thousands of guiltless victim. They have drugged the intoxicating tup, and held it to our lips till we became drunken as never was nation before.

They have treated credit like a race horse, hung it with spurs and goads and set it galloping of! without a rider, till it is dashed to pieces among rocks and precipices. '1 be hour of reaction is now come, and the misfortune is that the innocent are made ihe sufl'erers. The fathers have eaten sour grapes and the children's teeth are set on edge." The merchant and the speculator have traded, by the help of the banks, on borrowed capital and anticipated prices, and their ruin hps thrown the mechanic and laborer out of employment. Thousands are at this moment without occupation, and are anxiously iuiui ring what is the prospect and what the menus ol relief. It is hard to sav to the miserably of any tlas that patience is the only remedy but the truth must be told.

All other expedient" are equivalent lo pay ing one man's debts with another man's money. We must wait, with as much cheerfulness as we can command, for belter times, which will er long arrive. It does not always thunder and lighten; the earthquake doe not convulse the ground perpetually; the pestilence does not waste forever. This commotion t.f the money market must pass away the world cannot standstill such a world as this new, fiesh, vigorous world of the west, certainly cannot; business must be resumed commetce mut revive enterprise, sober, rational enterprise must reawaken. Prices are now tailing, and will soon have fallen to iucli a point as to tempt the capitalist; money will be again invested money will again circulate, and confidence, not the mad confidence of the two last yr.ii juuiciuustuimwuiT, win ue i ia pl pciin.uieill Mdieofllie public mind.

The mechanic and labourer miy then look for ab indant employment. In the meantime, it is fortunate that of employ meat occurs nt the the warm it is fortu nate, too, that a vast and fertile country, in want h.imU to till the "found, lies around us. Num bers are already availing themselves this resource and leaving the city. In the mean time, we tnu recollect that the evils under which we now stiller, are a part of the tax which we pay for the support of a Scrip Nobil'ty, tbxl the riihl of hanking when enjoyed by a few, is like all other exclusive powers, liable to abused and perverted to a source or mischief, and that the only method of preventing a recurrence of the calamity is to throw open this abused and perverted power to the enjoyment ot all. The Beauties or Wkslet, is tie? ti'Ie of a woik lately pnbhshed by Howe ites, ofthis city.

It is a small scire tion from the works ofa very re.mrknble mm, who wrole with great neatness and precisio and sometimes with much eloquence. It is accompanied with a short biographical no lice, and will no doubt be aa acceptable publication to the admirers of Wesley. Table Book. The same pujbhshcis have issued a little book called the" HmblematicabTable Book," in which the weights an I astires in commm ue .1 1 nf j.nta anil are iiuistraieu aii'i i' rxplauations. The common geometrical figures are aUn delineated, and th definitions It bppears to us book worth adding to a child's library.

Thc North America Heview, ron ArniL, i i the Messrs. Carvill. It contains an article of some interest on the AmciK an Indians another ia which the book called the Great Metropolis is dished op in a very lively and Rree abl manner and a neat criticism on Tallourd's Tragedy. Bi.twoD'sMACA7.iNK, or Fkmu'im, republished by Foster, contains an article on ihe rnroring subject of the times a id the money market both in England and America. The Albany Argus mistaken is supposing that the Evening Post has changed" it ground on Ihe subject of a general bankinglaw.

When the 1'VjJ i Herald came forward with its scheme, we objected to it strongly, a the Arjius truly reminds us. When Mr. Robinson brought forward his schec.e, we objected to that also. We think it Attains ruany impolitic and mischievous provisions. S'ill ve do not see that it is liable, to tho objection of uneonslitu" tionalitv, and we firmly believe that ihe people desire a gen urol banking law.

We too mo, and havo always been in favor ofa "cnerd banking law, but not on the scheme of an vronjinn nl the satetv fund system, These remarks we trust oro sufficient reconcile our past with our present opinions There is a petition in circulation for the repeal of the law prohibiting small notes. That very law prevents a run upon tho bjnks, and keeps Xa dejiositors from withdrawing their depositcs. Its repeal would add another element i confusion to tlios which are now exuding. JtitoDK Island Klf.ction. The majority for the Democratic Ticket will be about 2,000.

The changes in the House will be as follows In Bristol xve lope one, Warwick one, Cranston one, (no eb ction); In Cumberland we gain two, and in Westerly two. Vr. Lawrence, tho Mayor, yesterday summoned before him, John Hopper, the young man who 'was il! fteated by a Savannah mob, and Kasb, ono of the Marshals of this city, who was guilty or stirring up ibe mob him, on pretence of his being nn abolitionist. They were both inlcr logatwl, and on thc admissions tnaiU by Nasb, ho was de j.rived of his arrant. This act does the Mayor horsor.

Evr ry one must np. plaud it. The only eTocliial justice is immediate Tho Albany Journal of last evening states that the Ontario Branch Bank of Vtiea refused on Monday to receive the notes of certain We.nern Banks on Deposits from the collector of thc Ulica and Schenectady Hail Road Company at Utica. Whereupon, Mr. Muuson, one of tho Directors cl the Rail Road Coinoiny give at the oHiee, to receive the iHlUoftlie p.ocri! banks, an immediately closed the mpnny's account with the Ulica ink.

Ommlrci' Bavb 0 i ixo. Th' bill ibi bank rt! ll.e Ij ar, Albany, U. t' lls, 1 15 I ui ji the Aibanj iitmk. Frlht Evening put. THE MEETING OF THE MERCHANTS.

Tho preambles and resolutions of this meeting are in per feet accordance with my anticipations. Without entering into tho rcul causes of their present d'ifli which none know so well as themsclves.tliey reiterate the slang of partjf newspapers, and while pretending to re present all parties, held the exclusive language of ona alone. It was demon stratcd ai late election in this city, that nllowing all the voles given for 'I'ortuies favoiite," to have been anti ad miniv.ration, hich was not the' ease, the people of New arc nenily iq ial'y divided, as regards the measure ot the. lata administration, anil that die majority is in its lavor. It may be asked then on what authority ths Courier and Enquirer pronounces tliis preambbi ar.d these resolutions to bo the "languao of three hundred thousand freemen," which number comprehends every man, woman and child, in tho city Win authorized these men, belonging exclusively to one single class, and one single parly, loexpress the sentiments ofthe entire community? I lis.

laim nil intension of being disrespectful to any one. I s.iy, for my part, I am an obscure citizen il is true, and have acquaintance with illustrious men but I must frankly confess, that with the exception of the worthy Chairman of tho wetting who iffortunehad done him justice, woulJhavebeennow in Congress speaking against time I know not one of these men who have undertaken to represent, or rather misrepresent, my sentiments and those ol my republican fellow citizens. Nor do I believe there is one in a hundred of those citizens that ever beard ol them before, or ever saw their names, except to an advertisement of Dry Goods, Groceries, and Ironmongery, Ponchcws, Rye, Whiskey and Tea Trays. This may be owing loour ignorance of "good society," and total ostracism from the brilliant circle ol brokers and other great constituents of aristocracy. But so it is.

however, do not mean to question their respectability I only disclaim them ns the organs of republican principles or opinions. By what riht do tlicsc" great unknown" assume to them selves the piivilcsc of speaking in the name ot these who never heard ol them before, I again ask We never chose I hem for our organs and in behalf of a majority of republicans, 1 denounce their preamble and resolutions, as exag gerated in their delineations of public duties as ridiculous in tiie causes they assign for it and still more ridiculous the remedy they recommend. We do not believe that tho present state of things is occasioned ly any other measure of government than the creation of a vast numbsrof Banks, wilhuut adequate capital without adequate restrictions to their circulation; and without tiny legitimate employment for that capital, which has in consequence been employed in fostering speculation, overtrading, and all their consequent evils. V'e do not believe that the specie circular has produced the depreciation in the price of cotton, as set forth in the se on. 1 resolution.

We are satisfied that it originate in the billowing causes Irt. The arliticial price given to it by the vast accession of bank issues, which produced a correspond deprccia lion in the value of money, which money is now fast recovering its original value, ii consequence of one of those contractions which inevitably follow great expansions. 4nd. By the consequences of the proceedings of great combinations of speculators, who, pampered by Bank accommo tious, rushed prematurely into the market to forestall this great national product, in the expectation that having a great portion of it in their own hands, they rould bold it at what price they pleased, so I0115 as these accommodations were continued. But unfortunately for them, that contraction which tver follows at the heels of over issues of Banks, was not anticipated, or not expected so suddenly, and the consequence has itecn, what it always will be, that the speculators arc caught with the articled! their hands, in a period of ureal depression.

3rd. The alarming stagnation of business in England and Franc. where almost all our cotton finds a market abroad, oiiinjiing in precisely the same cause that produced it here, by the imbecility of old ase, which renders recovery from disease a slow and doubtful success. I allude to the atiujild between the Bank of Engl ind and thc Joint Slock ink, the former to establish a supremacy, ond the latter to maintain their independence. This alone, without any other causes, would have produced utter confusion and oommarcinl and nionicd operations.

But mere are sun oincr causes. 1 he over issues of the Bank offinland, followed by a similar course by the Provincial Bunks the overtrading and speculation which are the inevitable consequences, and the ultimate necessity, which is i qvr.itly cncvitahlo, of sudden contractions. In addition, the Bank of F.nl.ind has "sworn" to force too specie from this I country, by "making money secure in England, and thus so depress the manufacturers, and consequently the price of cotton to such an extent, as to bring us still more in debt loan we are, and thus attain its object by coaxing us into submission. 1th. In addition to these causes ot the present depression in tUc price of our great staple, I may add that Ihe depreci ation arises in a very considerable degree the false no minal value given to it here, by the depreciation of money, oimiv fiom enormous issues ol paper.

It is now sharin the fate of our other products, suchns wheat, rye, flour, and every sort of provision, which have, in a great measure ceased to be exported, bvcausc they are dearer here than in any portion of the known world. And this dearness arises jc! from thc artificial price given them by the deprecia. lionot money, not from any scarcity. iit It. It may not be unw ise for our growers ol cotton, as well as our speculators in that article, to turn their attention to the increasing importations into England, ami, for aught I know, other countries of Europe, from Egypt and the Indies.

It is known to thc writcrof this article, that in both these fertile regions, where there is no paper money to en hance the price of land and labor, and where, in the former eopeeially, a dollar is fully equivalent to fifteen or twenty here, reat attention is now paid to thc cultivation of cotton for exportation. Under the auspices of the present Bashaw ot growth of cotton is increasing in a ratio beyond all cnlccil.it and it is within my knowledge that there is now in this country an ogent especially charged with procu ring machinery and plans of machinery well as every species of imorinntion necessary to the and sueccsful oiltivatioi of article. The great obstacle to a competition with Ilia "United States, is the distance f.om India to Kilrope, and the monopoly instituted by the Bashaw of Egypt, who purchases and sells at his own price. Against these great disadvinta ges, if place the notorious fact, tliat a cheap country can always undersell a dear one, the ultimate rivalry ofthcaetwo countries is not an improbable anticipation. Be this as it may, 1 have no doultt that the importations of colton from I Egyptand India, have already, in some degree, influenced its price, anu mar iney win conunue 10 increase so long as tin piofusion of paper money here shall maintain it at the standard of a few years past.

If thi specie circular lias done all that is charged upon it by gentlemen who are said to "speak thc language of tlirc? hundred thousand freemen," I maintain it is one ofthe most extraordinary productions that ever issued from the hand of man. Its influence is more universal, and at the same time more occult and incomprehensible than that of the moon. It affects all parts of thc known world jl has doubtless, by this time, bankrupted the man in the moon, to. gruier wi.n an ms gunjccis, wnu arc uiu 10 ue great sprcu lators; and hat is still more deplorable, it seems to have turned the brains o( the gentlemen who have undertaken to speak the sentiments of those who do not agree wilh them in an onu particular. As to the "nineteen twentieths of the freemen of the United States" who agree with them, lean not but wonder hy they don't go to the polls, and demon Mrab their opinions.

For my part, I earnestly hope that Mr. Van Bren will isten with all the conviction in his power, to the Remon strance" of these gentlemen, who have volunteered to speak lor me and my fellow Republicans. If he can restore thc price of cotton, I Impe he will do it forthwith; and if he can do anv thing for that exceedingly meritorious and useful class of stock jobbers, who sell hat they never had, and buy what baa no existence, it would be an act of sheer inhuman ilv not to interfere, even at the price of abandoning the good people ofthe United States, once more lo the dominion of Uu" money ond Ragliarons. AMERICANUS. P.

S. I have said nothing about thc grand specific ofa new Bank ol the United States, because 1 think the recipe is somewhat stale. Doctor Solomon's Balsam of Gilead" is no bmer infallible, and Dr. Brandrcth's pills have been found uuoily ttail in thc cure of empty purses. Dividehds.

The following Banks have declared dividendstor tho last six months, at tho rates men tiancd helow Fulton Bank 5 percent. Bank of New York 4 do City ink Union fale WesUln.sk 4 do 6 do 3 1 2 do (first iividti Ij do. nr. For lie Ectnitig PeiL One f.f ihe orators, at tho meeting of Whig merchants the night bafore last, alter indulging in a long tirade thb late andpresentadininistratioils, used the following language: He lid that it was a remark of Lord Bacon's that "know ledge is poiver j'but though it might have been applicable to his days, it was not the case now for, says this patriot, aunty Arc the voters of this city prepared to abide by this assertion I think not and if the wferg merchants loa't for favour and countenance from the peopVcjXhey must not insult them by such expreasions. Tiiat the gentleman spoXts ihsopinir.n of tlu wings, there can bono doubt; but Ibelevo it ig thc first time they have had the tfircntery boldly to avow it.

KOX. When do they intend abolishing ttio vote by ballot, as suggested the morning after the election by the Cour.er? For the Evening Hunt. There is no greater or more common fallacy than this, "that all money spent extravagantly is merely transferred bom pockets of one class to those of another, and consequently is no injury to the community, but a benefit to thc mechanic and labourer." It is a moderate estimate, that within the last five years $20,000,000 have been expended by merchants of this city for luxuries to pamper the appetite, and for finery for display, oflorcign growth and manufacture, which have been a pos itive injury both to their health and morals, and arc now of no value except as mementos of their folly, or beacens to point out to others thc shoals an which they have stranded Besides this sum, $23,000,000 more have been expended by the s.unc men among our own mechanics and manufactur ers, for ornamental work ol various kinds, which persons of reel wcap'j nloneare justified in buying, and we already kJTiii to sec tin? elTectof this unnatural stimulus, in thc pe tition presenied this week to the corporation by 233 journey men out of employment, and destitute of bread. There are also about 10,000 persons in this city, now deprived of the means of obtaining their daily bread, wives and children of mechanics recently engaged in the manufacture of ornamental mork Ur our fancied Nabobs. These men were en li ed by high wages, bestowed by that false liberality which genernlly accompanies wealth obtained without labour, to engage in this business, which now falls, with its frail supporters, and of course their occupation is gone.

There are also instances of mechanics having on hand large quantities of goods, made by order of some of these fancied nabobs, in an cxclu live style, which are now left on their hands unsaleable. Others, arid those not a lew, have paid the mechanics fer the furniture for their splendid houses in notes which arc now little better than as much waste paper and the unprecedented number of auction sales of furniture, in the catalogues of some of which is shamelessly protruded the extra agnnt cost, discourages many manufacturers of a less costly kind and thvy are consequently discharging their journey men. This is only part of ihe eficct on one branch ol industry. It would be difficult matter for any one, who would investigate other branches of industry affected by the present pressure, to trace most ot the evils that hang over them to the single source of thc extravagance ol men in living beyond their means. Until there is a less eager pursuit of objects, the possession of which is incapable of yielding any real satisfaction, we cannot expect any permanent relief.

T. For the Evening Post. Great as are our financial embarrassments, their irnme del operation is less to be regarded, than their ultimate con'equences. The whirlwind that sweeps over us will i i spend itself, and unless prolonged by vain attempts to bolt I its fury, it will be hushed into a calm, sad indeed from tha marks of devastation, but healthy and indispensable to the recovery of our exhausted energies. Happy shall we be, if bitter experience shall have taught us to foresee, and to prevent a recombination of those elements, the explosion ol hich has overwhelmed us with calamity The chief evil to be feared, is that the natio'i may be hurled into the adoption of ill advised measures, in the distress nd confusion of the moment, ere thc public mind has time lo selt'c down upon those just conclusions at which on all grsat occasions it sooner or later arrives.

Hence the importance ol keeping steadily in view the leading points of the controversy I say ofthe controversy; lor passing events tra ih imlions ur conflicting ponns, m.U ous credit and its offspring, thc unbridled spirit of adven tore on the one side, and on the other that la of our nature by which mankind are determined to cat their bread in the ot their brows. A law not less conducive lo our hup less when obeyed, than it istcrrible in its penalties. We have been forewarned that the slrui le with tha United States Bank, the representative of an unlimited paper system, is only begun. The battle seems likely to be prrcipiluted, sooner than most of us are aware. A prominent object ol General Jackson's administration, and one for which patriots and sages have sighed, was to resioro the Word money ofthe constitution a specie basis to our currency.

For end Ihe exclusion of small bank notes, the supply ot gol I and silver, the readjustment of their nominal values, and an increased coinage, have been sedulously promoted. On tha other hand these measures have been embarrassed by a vast accumulation of surplus revenue, by every artifice of a venal press, a corrupt opposition, and an overwhelming nionicd interest, and by an universal mania lor sudden wealth, unexampled, except in thc history ofthe celebrated t'outbSea and Mississippi schemes. Thus far, however, the experiment had proceeded, as favorably as was anticipated, and promises a successful issue. But a crisis, foic scen though inevitable, lias at length now come upon us, which seems auspicious to the resuscitation ofthe Old Bunk, and will certainly lie used for that purpose. It is Irue indeed that Ihe crisis itself is Jif a great measure owing to the allurements o1 that Syren but her incantations are secret, and can be only parlial'y traced in their effjets hile thc suffering of thc mercantile community is palpable, and extreme sad its ramifications will be lelt to the remotest bounds of Tie noublic.

And it is not lobe concealed, that this will furnish a dangerous lever to the opposition. The generality of men aic more easily moved by their lcclings than by what rea.io.i tells them is Irue and under a temporary excitement thev exposed to imposition l.iom Hie arts of demagogues. The people will cxpcrienc'c a transition from prosperity to distress. They will sec liiat it has followed an attempt to exchange paper for gold and they will be told that the one is thc consequence of the other; and that a national bank, o.id the abandonment of the specie policy can alone restore our fortunes. Will the country be deluded even for a me.

ment That the ultimate sentence of the civilized world will be advcise to thc bladdcr and bubblc credit system I have no doubt. But the conviction may cemo too lute profit us, if, in the vain hope lo escape the just retribution of our follies, we rush into thc arms of the power that tempted us lo err. The question is, shall ue be urrifed bv prodigies stop atthcthreshhold pf a great national reform, begun after mature deliberation, without giving it a full and fair trial, and return to a system, which we have been con vinccd is perilous to freedom and virtue This question is put wilh strong confidence in thc good sense and firmness ot the great body ofthe people and the reasons bearing up on 1: are worthy ot their profoundest thought. PLAIN TRUTH. mm For the Evening Post.

RECRC1TING SERVICE. I have read Mr. Edward S. Gould's letter to the valiant Colonel Webb, published in the Courier Enquirer of this morning, by which I understand he wants 10,000 able bodied whigs to perform a long march, and at the end there, of, to kill, slay, destroy, annih.late, shoot, stab, murder, ill treat, abuse, kick, cuff, and put lo certain and irrevocable death certain high dignitaries of this land. propose that he open 'recruiting rendezvous," at Dclmonico's, ond ofTer a basket of champaign as a bounty to each man enlistinc with rations to "match." 1 have no doubt he will he able to raise the corps" incontinently.

Considering the praiseworthy object, I woulJ enlist MYSELF. rorthe Etenins Post. Would it not be a wise measure for the fifty disinterested whig, who arc appointed a committee lo proceed to Washington, to ofa mm whom they are daily cursin as a tyrant, to resolve themselves into a committee of ten thousand, and appoint Mr. Edward S. Gould their leader, thereby giving bim an opportunity of discharging his duty to his country, (alias his prrty) as he proposes in tha Courier, of this morning 1 Really this man has a surplus of patriotism.

1 should advise him to try a dose of Brundreth's pills, and it mtly oil. A more harsh medicine might havo a bad effect. Surely if a few turbulent individuals for meditating thc destruction of flour arc deserving a portion of pow dcr and lead, this man for meditating the destruction of a l.uman being is certainly entided lo a dosj of pills. PEARL STREET. P.

S. Can you inform me if the firm of which the redoubt able Edward S. Uould is a partner have yet been obliged to sacrifice any thing tn uptow lots P. s. it IB eOURVMEIT EXPRESS.

By a slip from the office of the Savannah Georgian, we are put In possession of accounts from Florida. By them it will be seen the Indian war is yet a subject of uneasiness, owing to the sluggish movements of the hostilcs. From Mosquito we learn that a few Indians bad again made their appearance in the vicinity of the Camp. Captain Hanson had given chase to three and had captured a boat, and all their cooking utensils, which he destroyed. An' Indian on horse back was pursued, but he effected bis escape.

From the SUJlugttstine lp.il 18th. From Tampa we have mlormation to the 10th. We learn that on the twelve hundn rations were issued, and letters still continue to state that the Indians still continue to come in "slow ly but surely." An order ol General Jesup, dated on thc 5th has been received, which has caused much excitement. The following is a copy of General Jesup's order. Head duarters Army of the 1 Taura Bat, 5th April, 1337.

Order No. 7'J. 1ft. The Commanding General has reason to believe that the interference of unprincipled while men, wilh the negro property of the Seminole Indians, if not immediately checked, will prevent their emigration and lead to a renewal ofthe war. Responsible as he is for the peace and security of the country, he will not permit such interference under ony pretence whatsoever; and he therefore oiders, that no white man, not in the service of the United States, be allowed lo enter any part of the Territory, between the St.

Johns' river and the Gulf fo Msxico. Sd. The Inspector General will cause all merchant or vessels arriving in this harbor to be immediately examined, and the names of all individuals on board to be registered. No one will be allowed to come on shore except for the transaction el public business. Vessels from hence any individual shall be landed contrary to this order, or on board of which spirituous liquors may be found, will be immediately sent and shall not be employed in tbe publ si service.

4d. All negroes now at this place, the property ofcitizens of the United States, will be sent to St. Marks. The Inspector General will furnish Lieutenant Vinton a list of them with their owners' names. Lieutenant Vinton will give notice to their owners, to take charge of thrm immediately.

By order of Major General Jesup, (Signed) J. A. CHAMBERS, Lieut. A. D.

C. A. A. GeneraL J. E.

Johnson, Lt. A. A.S. A public meeting has been held at St. Augustine, and a very temperate remonstrance against this order has been adopted.

A letUr from the Postmaster at Jacksonville, mcntians thai the family ofa Mr. Clements, six in number, were murdered near the Mineral Springs by a party of Indians. Those who desire to make a perfectly safe and advantageous investment of money are reminded that subscriptions lo the City Loan ol $380,000 for the use ofthe Susquehanna Canal, may be made up to Saturday next inclusive, and also that proposals may be offered forany portion of the loan. It will bear an interest ot six per cent, payable quarterly, and is irredeemable for thirty years. Bolt, The news from New Orleans is of Ihe same old stamp.

The True American ofthe 19th instant, says We saw yesterday a bill of exchange, drawn by a mer cluint of Havana, with four endorsements upon it. The drawer and two of the endorsers have failed. This is an snomaly in the commercial world. We can have some idea ofthe immensity of tha credit system, when it is known that its operations have been extended to a Spanish town that a few years since would have laughed at the idea of paper negotiations. The failure of Yeatman, Woods Co.

will carry more immediate distress into the west, than any one of the suspensions that has yet taken place. Their house occupied a very high ground in Ihe confidence of millions of people. The result will be ruinous in Tennessee and Kentucky to the poor. Their notes make up almost one third of the circulation in Tennessee." There are no sales or demand for cotton. Of flour the sales were small, lots ol 500 barrels at $6 75, lor home use.

CoT, II 1 2 cents Rice, 3 4 cents Sugar, fair quality, cents. Sutes. Negroes that formerly cost $1200, have fallen to 150 and 300 dollars. A Natch Courier of a late date says It is supposed that upwards of 10,000 slaves were sold in the State of Mississippi, from 1st November, 1835, to the sama period in 1336, on a credit, that is to say, for the notes and acceptances of merchants and planters. The planters, then, created a debt, for slaves alone, to be paid eut of the uCisso, ou.i tu ton millions 01 uouars.

Specie. in gold and silver were transported recently from New Orleans to the Lafayette Bank in Cincinnati. Green Peas were produced from a garden in Mobile on the tiib inst. The following letter from one of the Committee of Fifty appointed the other evening at Masonic Hall, to proceed to Washington to remonstrate with Mr. Van Buren, appears in a morning paper.

It docs honor to the happy selection of individuals made by the meeting. It will be seen that the riter is very indignant with the man who brought a suit against bim, and that he isfor putting down the admimstra tion and repeal the specie circular by force of arms Cot. Webb Sir In your paper of yesterday mnrnine, I find my name aa one of a Committee who were appointed lo proceed It Washington to rrmoixtrate wi.h ihe Kxeeuuve against ihe continuance ot tho specie iiciidr, ttc. As 1 was n.t prent at the meeting th. Masonic Hall, and waj not previously aware ofthe inter lions uftbat mewing of couisc, had no oj.poiiunity to prevent I the Duplication of mv name il.

th mnnnvr rf.rf.t I evtr, the publication ha laken place, I conceive that is no it nu bl. he as i ed to he a no so AllETiei. MtHiAt RE.ERVATio.Thefollowing storr of an Insh woman adroitness in evading inquiry, which we find in an English paper, does not strike us as bem is droll: 16, wa an Irishwoman. What your husband, Shelah 7' What's gone ol bi.n your wois.i.p; faith, and he's gone 1A Die of, you? honor; he died ofa I don't mean whatdny ofthe week what complaint 'Oh! complaint, your honor; faith' and it's himself that did not get tunc to Oh oh! ay, died 'Rather that way, your Did he lull down in (No answer from Shelah.) lie fell down in a fit, A fit, your honoi's woiship; why no, not exactly that he he lell out ofa window, or a door, I don't know what they call it. tAYtJi snd he broke his No, not quite that, you What then There wes a bit of a or coid, or that like, and itthrolted poor 'And piyy (or wbat did be suff'rf' Suffer, your worship (weeping,) faith, only for embellishing (embezzling) a Iriflo that UH was his own, but his master said it was not, snd eo awuy 1119 precious me, anu that's an lor aucr innocent as ttie babe To avoid deafness.

A medical author gives the follow, counsels to those who wish to preserve Ihe sense 01' hear unimpaired. They are worth attending to. To hear v.ell and avoid deafness one must guard rgainst wet teet, shoes, cold currents and draughts of air, keeping on wet clothes, sleeping in damp rooms, and unaired beds, going into the niht air from heated apartments, living in marshy aid low situations, Shunning these things, those who would retain their hearing unirrpaired till old age should attend to their general health, breathe a pure air, take as much out door exercise as they can, live on plain but nutritious foad, keep thc mind calm and tranquil, and be especially careful to prevent constipation ot the bowels. ewlt invented Hat. In Paris a hat of a new des ption, with a moveable crown, is now much in fashion.

The rim is of ihe asual shape the crown is also attached lo run in the usual way; but it is capable of assuming tw.i forms. When pushtd out or expanded, it is precisely like the crown or an ordinary hat but when not in use, it can be contracted by a peculiar mechanism into a depth of one inch. This constitutes its peculiar ndvantage. In travelling it may be be put into a trunk, and will not occupy a greater ce than a shirt and at a theatre, concert, or assembly, the wearer may place it under his arm, or even stow it between his coot and waistcoat, and pass through the densest crowd without exposing it to the smallest injury. The crown is made very thin, and when pushed out or expanded exhibits no crumples, but is in all respects like thc crown of an ordi nary hat.

Its interior frame work consists of two steel rings, con lected by four slender steel rods, which are joined on one another like a St. Andrew's cross. One ring is attached to the rim, ar.d encompasses the wearer's head the other is at. tached to Ihe top ofthe crown, which it keeps distended like the end of a drum. When the hat is in its flat or compress state, a push ofthe fingers makes the jointed rods open the crown instantly assumes its full size, and the hat is ready receive the head.

This is done in one second, and occa. sions no trouble. The crown is again brought down with the same ease, by pulling a part of the lining. Expedient op a Needt Traveller. We have heard tbe story of an English half pay officer living at Flornce) much in debt, and desirous to get to England, but unable to procure bis passport, without which he could not be permitted to depart, on account of the interference of his creditors.

He one day, in a coffeehouse, fell lo abusing the Grand Duke in very outrageous terms, in consequence of which he was next day conducted to the Tuscan frontier by a police officer. The following expedient, related by a London paper, is much less obvious and more ingenious John Kilburn, a person well known on the turf, as list seller, was in a town in BeJtordshire, and as a turf phrase, is quite broken down." It was during harvest, and the week before Richmond races, (Yorkshire,) whither was travelling, and near which place he was born to arrive there in lime he hit upon thc following expedient He applied to an acquaintance of his, a blacksmith, to stamp on padlock the words Richmond gaol," with which, and a chain fixed to one of his legs, he composedly went into a cornfield lo sleep. As he expected, he was soon apprehended, and taken before a magistrate, who, after same deliberation, ordered two constables to guard him to Richmond time was to be lost, for Kilburn said he had not been tried, and hoped they would not let him lay till another assize. The constables, on their arrival at the gJ, cwtcd thc gaoler with Sir, do you know this man Yes very well it is Kilburn I have known him many years." We suppose he has broken out of your gaol, as he has a chain and padlock on with your mark is he not a prisoner 1 never beard any harm of him in my life." Nor says Kilburn, have these gentlemen, Sir they have been kind as to bring me out of Bedfordshire, and 1 will not put them to further inconvenience. I have got Ihe key ol ihe padlock, and I will not trouble them to unlock it I am oblia ged to them for their kind behaviour." He travelled this way about 170 miles." The Boston Advertiser ot yesterday, says In this CltV there is no Chancrain ll mnnon mortro s'though the rate of discount on primt bank facilities has ost notes and blue books of the best banks have been oone ior one and a hall per cent for six months." Snow fell in Providence on Monday last.

Philadelphia Real Estate. The property of Mr 01 Damucl omly, ol Philadelphia, was sold at auction Tuesday and brought the follow in" prices. 0 on B'sto, 3 Private residence in 9h below Walnut street, $3150. 4 Race gtieel, 45 feet front by 120 feet, WOO. I IQ.L r.

ue ween it toe ana Vine, 3oUU. 6 Dwelling, front neai Pine, SaOO. 7 Dwelling, 34 Peun street, SCOO. 8 and 9 Wharves. Stores, mot 600.

sold for 18 COO. 6 10 Dwelling, 52 North Seventh street, 3000. Private Itesidt nee, 19 Montgomery Square, 15 'OO. 12 Dwelling snd Stable, Schuylkill Eighth street.5200. IS Dwelling, street, 200.

14 Dwelling, Logan street, I6j(. 15 Kensingt property, not sold. 16 Do do 860. 17 DodoGOQ, 18 Farm in Maryland, SiO. 19 Do da WO.

SO Kenturky lands, 850. Ot tt A I4IQO. i iMiuiviiiea one nail oflli70 rr 13" MK. BRISTOW. Persons tlesiiousol wntim? a Food I advertisement in another column.

EDWARD H. LUDLOW tit CO. AUCTIONEERS, Sales Room, No. 11 Broad street. 5CP See head.

JOSEPH SAMPSON CO. AUCTIONEERS, Stoie No. 183 Pearl street. AARON LEVY, AUCTIONEER, Store No. 18 Courtlandt street.

Near Broadway, (upstairs.) COOLEY BANGS, BOOK AUCTIONEERS, Store No. 196 Broadway. J. S. FOUNTAIN, WHOLESALE AND RETAIL DEALER IS FRENCH, ENGLISH.

ITALIAN AND INDIA SILK uuuus, tie. No. 29 Maiden Lane, near Broadway. WILSON G. HUNT.

WHOLESALE and retail dealer in CLOTHS, CASSIMERES, VESTINGS ASJO SUMMER GOODS. 464 Pearl street, corner Chatham, New Yobe. W. H. SACKETT, WHOLESALE AND RETAIL DEALER IN FRENCH AND AMERICAN PAPER HANGINGS fc.

111... O. C. No. 103 William street, and 87 Division street.

SAMUEL COLMAN 114 Fcltoh st. PUBLISHER, AND WHOLESALE BOOKSELLER. DANIEL E. DELAVAN BROTHER, IMPORTERS and dealers in FINE SILVER. PLATED LAMPS, AND JAPPANNED WARE.

Furnishing Haidware generally, embracing the finer articles nous. Keepers. No. 489 Broadway. Corner Broome street.

CHEAP AND UNIFORM EDITION OF MARRYATT'S WORKS, B0UIID IN THE STILE OF THE FRENCH NOVELS, At S7J Cents per Volume. Each Volume containing one or more Works. Just published by GEORGE DEARBORN. .8 Gold street. PEARL STREET HOUSE 88 Pearl street is ready tor the rccepuon of coropanv.

iim rii.iii iva iv (if eiiiiuai 11 utility to niv Ian. declining to act in the premises, together wnh "my reason" fori corner of Chesnut and Schuylkill 4di In the firtt place, I am one of the msny who have stink under me caiamnii' 01 1110 iiinej; and, lor trie iwpitude of failure, the firm in which I am a partner, has been tvd in due course of law I forbear to comment on the conduct a man who, at nucha time as the present, will adopt comae so useless, so cruel, ao oppressive, so very far removed frnm all feeling of forkes.ra.ice or geneiosity. It is a matter of course, that a man who mil mt nrrx, would lake measure (0 wre'f ate ia a Jortign Matt hence, I am unnUt to proceed to Wa'hmston. In the second p'are. I am unwilling lo proceed Washington am one who will never consent, under any circums'an ei to remonsti ale" with Martin Van Bnren.

I will never myself in a situation to be denied a solicited favor by any 111 lividuil of Am creed in politics and patriotism Further. more, I am persuaded that a man who can unite (aj Nero fid dled) ovei ar.d miring the desolation ot his nativ" mm, is entitle! to no such comtduraiion and forbearance as to iccrivn remon strances." Whrn some oMer and mora sunima course is proposed, an the pursuing it pliced in the hands of a committee of ten thwnna, 1, ior one jno.a myseti ready to discharge my duty in mw rv Your Obedient Servant, EDWARD S. QOUI.D I.Ii'nUr Ur Sit.bi nu U.ll 1 iuc urn irovunnsMor me dis position of the income arising from the surplus deposits, is now befpre thc House of Assembly. The bill appropriates annually to Geneva college, the University ofthe city of New York, and Hamilton college, in equal eums of I $5000 each $24,000 annually for the establishment ol a I department for the instruction of common school teachers in one academy in each county $19,000 annually to the lite rature bind for Ihe use of the academies; to the comnion schools and the balance to be added to the capital of the cqnimpn school fund. A proposition is before tha House to appropriate the entire income to Common Schovl.

ErcctE Circular. It will be seen that Mr. Tallmadre, our Senator.has introduced into the Senate of this State, a eamble and resolution calling upon the President of the U. S. to repeal the Treasury Order.

They were referred to the Finance Committee. Boston and Worcester Railroad. The trains of pas senger cars on the Boston and Worcestar Railroad, have changed their hours of running for the season. They leave the depots in Boston and in Worcester, at 6 o'clock in the morning, and at 4 o'clock in the afternoon. Flosh Boat.

The steamboat Star makes two trips per diem to Flushing, in thc morning at half past nine in the afternoon at five. Suicide. The death of a Mr. Benjamin F. Palmer, of Leonardsvile, Madison Co.

is mentioned in the Coopers town Journal of the 24th inst. He was found suspended by neck in the upper story of his father's house. The deceased was the son of Gen. Noyes Palmer. He had friends ia the eastern and western states.

LrmcH Coal Trade. Despatched from Mauch Chunk for the week ending 4th montli 20lh S52S tons. Schctleill Coal Trade. Shipped from Potts villa dur ing last week, 19,185 tons Liltlc Schuylkill, 2,150 Total, 81,635 The Pi.crjctiiKO Match will take place at Williams burg lo morrow afternoon at two o'clock. Divorces.

At a late term of the Rhode Island Supreme Court, held at Providence, there were fourteen petitions for divorce granted, tea on the application of females and four by raab's. The prineipal cause for divorce shown by one of the Deti tioners was that her husband id put her head into a kettle of not raier. it is needless lo add that lhe husband was him self heated liv a rdvnt mink Tl, I rf rN gmutcu. i L. From the Many Ettning Journal.

LtXJISLATfJ RE OF NEW YORK. IN SENATE April 86. TREASURY ORDER. Mr. Tallmcdge offered the following preamble and resolutions tt W89.

from various causes tbe monetary affairs of tha United States ore in a condition of unexampled embarrass ment, threatening, if unrelieved, incalculable pecuniary loss to all classes of industry; And whereas a prominent cause ofthe existing distress is theopcration of the Treasury Order, requiring specie pbv ments for the public lands, thus producing undue, unnecessary and pernicious accumulation of specie in places remota bom the sea board: Therefore "Tri ui me reasurv i rruer. mi am. strong United reran I ted u. Ml i rE52TJi2yfc 1 reasury order above referred to. Resolved, Thai his excellency the Governor.be transmit without delay, a copj of tho pn and resolutions to the President of the United Shdes 10 Mr.

Young thought they ought to be disposed oT prompt. y'j l)rePared to g0 into the discussion immediately and he challenged Mr. Tallmsdge to show the evils that had been produced by thisoMer. lie thought he could show its results bad lcen beneficial. Mr.Tallmadgosaid he accepted the challenge and was rfud.y Hussion.

He was prepared to show that thisorder had been productive of great evils, and tSs. ne lhe CaU8C" lh0 Pt Pecaniarj d.s After considerable discussion the resolutions were referred to the finance committee. II COMMITTEE Or THE WHOLE. The Senate, in committee ofthe whole, rose and re ported, st the suggestion of Mr. thc bill author izmgpnvute banking associations.

Adjourned. IN ASSEMBLY. ILLS READ a THIRD TIME AND riSSED. To authoize the building of a Private Bridge over tha rtailein River. To incorporate tbe Croton Bridge Company.

To amend the charter ofthe City ol Brooklyn mJJZ "frtain officers of Government. Messrs. Townsend and C. Rogers were opposed lo an in tarX IZ' 8 Mr' Jon" called lor the a ves and noes, winch were ordered, ond thc bill pas scd as Inllows Ayes 51; Noes 33. Mr.

Andrew, pursuant to notice, brought in a bill in tela, uon to tbe duties of the Sccrerary of State, Adjourned. The following notice has just been received at tha Depart Globe Le Washington fTRaNSLATIOJf. THydrographic Bureau of the Imperial Department of the Marine hereby annouccs, lhat in order to point out to navigators ihe bar at the entrance of Ihe straits .1 Moen. (or Moensnnd,) near the Gulf of Riga, a tower of stone, with globe fixed on Ihe summit, has been erected on Ihe northeast point ol Palernosterisland. This lower is forty two feet in height above the ground, and fifty thrce feet above thc level of lhe sea it is painted bright red, and is situated in 58 521 north latitude, and 23 3P longitude ast of Green, wich.

Coroner's Inqoests. On Wednesday, upon the body ofAbram McDonald, who fell dead in thc store of Carman Shepherd 15 Peck slip, aged about 40. From Pipers lound upon the deceased, it was supposed that he belonged to Lansmgburgh, N. Y. He had on a blue dress coal, dark hgurcd silk vest, and striped pantaloons.

Ho had but two, ni.gers remoming upon bis left hand, and nothin" but bis thumb remained upon his right hand. Verdict, died from apoplexy. Also, at 46 Mulberry street, upon the body of Owen Murphy a native of Ireland, who died of delirium tremens Verdict accordingly. Languages. The Bible Society of London has lately presented the library of Antwerp with an almost complete col lecliQ.1 of all the bibles it has published.

Thc collection consists of 107 columes, part in quarto, part in octavo, written in ef different languages. JCP THE FEMALE' ASSISTANCE SOCIETY, acknowledges with gratitude ihe receipt of the following Douatioass From the New York Corporation 400 'hrouKh Mr. Van Bansrhoten, from Mr. CliarlesDorns Conrad W. Faber7M: fro Mr.

John N. Oicolt, 10 By MM. Scon, IVum m. W. 1 0 from a Lsdy, 1.

By Mrs. Oicolt, f.om Mr. S. sreond donation 9 By Mrs.Galatian, from Mrs. Oliver Hult, $10 Kv Mrs.

Morru.cn, from Mrs. A. B. Osirum. gl.

f.yn fr7Sr.ay.Vro 85 a G.ntleman gZ Ge.lenl. Umlera. 5 By Mrs. Murphy, collection in Mr. Cones Chnrch.SSO.

nl rom J' r'on H. BY Mr. llrniKnn Irnm Mn A mn By Mis. Cotl, from Mrs. Averill, glO.

Mrs. Ureen. Irom Mrs. W.ntluoo. a bimrfl.

eUiki Keeen Keeewed fiomthe Dorcas ciety. 800 tarmem. and SO fo. tables, By Mrs. Bunting Fines collected by the Grand Jury of by Jurors, J9.S0.

ft ill the SO1 Those who would acquire, in tbe shortest thn possible, a rapid style of Writing, and practical know, ledge of Booe beepino, are referred to FOSTER'S cstab lishment, 183 Broodway, (over the Druggist Store.) a 17 NFAV YOIIK KACES. FIRST SPRING MEETING 1S37 WILL COMMENCE THr. 1st "IHJEsDAV IN MAY Sd "2ST UAV TuesiUy. WAY' M' fsarsss: Entr so r. SUBSCRIBERS; Hen'J.

of the dam of 2. R. L. Stevens, names produce of Betse, Ransom.by Henry flJI. R.

L. Stevens, names, produce or Polly NuhZ i' a' nme' Produce of Empress, by Eclipse. a produce of Ostrich, by Andrew. 5' ii names, produce of Jaimtle, bv Henry. 7.

John C. Stevens, names, produce of Kemp, by Henry, S. il. Stockton, names, produce of Powancey, by Sir Produce Monmouth's dam, by Ecl.pse Lightfoot II. I.S.Snedecor.names.c.

by Andrew, dam Vandcveer's Pacolet mare. Love'l col' ut of Eleanor. is. I Fearaall, names, a colt bv Flvm Child ni are. 14.

A. L. Butts, names, s. f. bv Retina.

i iuu Sut ter lo Uuhanna. 'J Craie' Produce BeUT Archer, by Sir PiuSa bJ Andrew, d.m 18. Ko. L. Stevens, names, produce of Lalla Rooke, by Hen SAME DAY Purse glOOO i narsoay.

hour Mile Heir. 14 diMZ AI.F.XR. L. BUTTS DAVID 11. BRANCH.

Clerk's Office, City and County of New Votk ICP NOTICE i. '837 for the and County of New York 2 7t Cleik of the City and County of New Yorki ICT" Dr. BIGELOW make, h.s abode at 110 Broodw.v nearly opposite the C.t, Hotel he w.U execute in he rn, pcf fect manner eve opu.ation nece.rr tk i. tion beiU.y, andurabiln, of ill X. 'irJS Teeth supplied.

D.se.sed Tcelh and okfn decaJ Tn f. feet teeth aie annually lost for the want of an early snd judiooM opetalion. LadiM w.U be vuited at their dwellion if wifwSI Office hour, from A. to3 M. CaylSEr.

A tL lho" "'rough the Post Office must be VI HW a7 UUIIl nnri vot 7 01 nK:" na'' bten indicated by a SWel ori, in9 0f Congress of life ir S1110 ne; and which' measure of lr AEW TOR AS IG COMPANY. A annual dividend of Five ner cent iK i Stock of this COTpay su, Pebr. last, has been declared by the Board of Director, ni.nl I Office ofthe Company, on and af.er Tra" 'r0m tml E. E.WEED, Secretary. NEW YnHtc r.ia i wuni UUMPANT, 1 to supply.

buiiiij dred mousand to seven LrT hun" ior name 'Z W'th when for by the Dw takJrl odd shares, snd th. Mock not mfn 1 fractional share, lhat msy rs H5 rf "icorportM)n. 7 By order ofdie Board or Director. lIra K. E.WEED, Secretary.

A A A A. A 1 1. Cl Of D. I M. hi N) SI i 1 Pe Ph Pt i Pi Pr Pj 8' fc S', si F' 811 avl 10.1 15 if tr ei is St a.

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Pages Available:
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