New York Daily Herald from New York, New York on April 14, 1837 · 2
Get access to this page with a Free Trial

New York Daily Herald from New York, New York · 2

Publication:
Location:
New York, New York
Issue Date:
Friday, April 14, 1837
Page:
2
Start Free Trial
Cancel

THE HERALD. FRIDAY. APRIL 14, 1837. rn- THE UEEALD OFFICE wilt REMOVE on th* itf of May to No. 41 ANN STREET, on* door uul of Nm*u a:T6ci atd oppoaUe the Vftry Ro-jtnt < \f the Dutch R'/omud Church. The Election. ? The Whigs have carried the city most probably out and out. In the first three W nrds Cj-akk. the Whig candidate, has a majority of 2095 votes ? the other Wards not all counted. This is the beginning of the revolution. We add the official returns of the wards as far a? at present heard from. 1st ward, majority 693 for Clark 2d " " 653 " 3d ?? " 730 " " . . 4th " '? 227 entire whig ticket 5th " " 270 " 12th " 14 242 " Morgan 13th ? " HO "Clark " " 100 entire whig ticket I5th ?? '? 617 " Clark Thp UauktiiK System? Meeting at I lie City Hnll. Last evening at six o'clock, a second meeting of the Wail street bankers took place at the City Hall, for the purpose of taking into consideration the present condition of commercial affairs, and of devising a remedy for the terrible crisU now upon us. There was a great deel of talk? and conversation? and suggestion ? andabfurdity? mid ignorance? and amiability? an inanity? and some knowledge ? and more pretension. Propositions of various kinds were made hut propositions are easier made than executed. Meantime, while these gentlemen aie endeavoring to stay a torrent brought upon the country by their own conduct, let us give them a spiesd and perfumed homily on matters of which they appear to be most profoundly ignorant. The three greatest inventions of modern times are the invention of printing ? the discovery of steam power? and the whole phenomena of banking, exchanges and paper money. The effects of banking we see beiore us in the general progress of civilization, knowledge, philosophy and rational religion to which we may add the elevation of the character of woman. Steain power and paper money arc equally extraordinary elements of civilization ? the one in the civilization of inan, woman end things the other in the circulation of credits, values and property. The existing prejudices against banking and paper money? which, however, only appear n the higher regions of government, or the lower regions of the gin ?hop and watch house? arc the oHspring of ignorance and miasm an agement? ignorance of the people at large -and mismanagement of the banks in special. ? We never accuse steam power of blowing a dozen fellow beings into eternity? we visit the casualty upon the ignorant engineers and the inattentive managers. We do not blame the sublime art of printing for creating revolutions, wars, bloodshed, or general licentiousness of manners ? it is the mismanagement of that powerful weapon by public writers andcorrupt charlatans. So it is in the phenomena of banking, exchanges, and paper money. the great businesa of human life ? in the circulation ofproductt? in the exchange of commodities? and in the progress ?f civilization, the invention of banit* ing, with all us incidents and attributes, is one of the most original, scientific and philosophical movements that ever dawned upon the world. When managed by men of skill and talent, its influence on civilization w fully rqual to printing or steam power. The banking system of the United States has been one of the main causes of its vast industry ? its prodigious wealth ? its wonderful improvement ? its rapid advancement in all the arts of life and happiness. It has produced an pflecl equal to that citised by the invention of steam. The fulininationa wlii .h have been uttered of late by the ignorant loafers of the white palace at Washington ? or by tiieir associate loafers in the gn shops at the Five Points, have only sprung from gnorance, gross and brutal and beastly ignorance of one of the ureatest elements of civilization. The abuses of the system, onginat rig in the atrocious quackeries of the present managers of onr banks, have been seized upon and held up to the world as the character of the system itselr. Such abuses ought not to be. The present frrriblw revolution in commerce, now *wt*ping eve r the country, has been cu used, not by ihe sysuni of banking, but by its abuse ? by its corrupt nnd ignorant mismanagement? by the atrocious quac k of the presidents and directors of our hanks, who, by their position, possess theselc power ovtjr the sources of our currency, nnd can, at their pleasure, regulate its contractions and expansions. In New Orleans, and in Mobile, a free and intelligent press is nowengag<d in developing the criminal and corrupt mismanagement of their bunks, caused by the present ignorant rare of directors and managers. In the former :iy. one paper, the "True American," took an early ind a philosophical view of thepiesent state of bank rig, almost as early as we did, in this metropolis. Tho ternbU revulsion now upon us, has forced upon all a g? n? al nvesiigation of the subject, and while our talented eolcmporaries tit New Orleans and the aouth, are searching out the causes of the evils there, let us I a equally employed here in probing them to tbe quick. We a** rt, therefore, and dare a contradiction from any quarter, that the present terrible revol?ti< u in ? oinint rce, which will, before it shall ive run its ra<? of destruction, prostrate one-fourth of the r -ouniry fr>m the giddy heights of atlluenceand wia!?h. to th lowest state of dejection nnd poverty ? we aeeert? I. Tha* the Wall street bankers were the first men to |>ertnit the community to nm into speculation. t. That they hive, ignorsntly and corruptly, exit ruled ill-' <xin ? to 'arge houses without capital, inafteed of ewMaiiiing small dealers, who eonfined their lutein* s? to reasonable eompass. t That they originated the war among the banks, wti ? t, l .. can- <1 great disturbance in the monetary ?flairs of thr nat on, fc>r the last six years. 4 Tf ? ticomunct >n with the ignorant and fnol?efi Hans ? >oners o| thie state, they extended then d?*- oiifi ? t? 1 - lend 36, when the inflation of I '???? ? I ? ?1 tiern of the Hecessity of contra* t?on of credits - n?t expansion. 6 Tbot ihey MiMlatid it,,- rountry banks toissas Inrgr masses of pe?? r t? y?ini the wants of a legitimate rirrency, by tlmr refusal to take their bills at par. and ?? return them r? irdarly for redemption upon the e*tntfy hanks a That, by loan ng money en stocks, ami b.iselcss I'SfT, itiey have created Ihe vast flood of s|>eculatorn i lands, lota, village sites, and other bubbles in ibis a* igh Unbend, and out weal 7 Tnet, iii-ieed mi ke? p>ng a watchful eye upon the carreer y ?? prevent its Aik toaiiori*. they have caused th'*1 ??* ?' st a? m orilrrU) speculate on the nar aad fall el pneee * That in th- ,r mu r >f noranee and folly, is lo l?e sitiilMiU.i ih? pr. s. *if etotwleion, by * hieh the inno<?"1 ?iis kbaM*e ef the bank* they manage, will lose fWrfie* 'y^e# tae :kt mtUimm* of property, before the nsriR ?Hal) blow ovkf We l e*?by p?td*ly. en*r th* rye of heaven, and bcfcre ike face of the fair earth, present this bill of indictment against the manager* of the New York banks, and we shall proceed at our leisur* to o|>en our cause, and to prove the truth of our charges to the satisfaction of the present and future generations. ? Tht-ie is not a president or a manager of a bank in New York, that due* not dc*?rve to be turned otit neck and lieels, by ll?e ?!oekh*ld< r* of each and every of these poor, cheated, snd bubbled inatitu- | tions. Persons and particulars in our next. I in port* nt from the Noiitk?*He? olultou In | Mextco-?Pro||i-eka of the toiuineieln I Ilevulsiou. The Express mail yesterday brought account* of the highest importance from Mexico, .New Orleans, Mobile, Charleston and Kaltimnn ? "all later. In Mexico the revolution has almost broken out. Texas is now |>erfectljr safe. Read and |>oiidcr. The commercial revolution goes on. No more failures have taken place in New Oilcans, but a terrible feeling is generating against the past system of business. In Charleston, pressure is severe. Baltimore easy. Baltimore, April 12, 12 o'clock, M. ? Money of par value, although not so veiy difficult to obtain us ' some short tunc ago, is far from being plenty? there has been sonic extension of Bank discounts but the wants of the community wire loo many and too great in the aggregate, to Ik- wholly relieved by the rod which it was safe and practicable for the Hunks at once to give. The discount on notes ?f distant Hanks has lately greatly increased ; within a few days it was found iiiipracticable to dispose ot South Carolina Hank paper at a less premium than len per cent, and notes of Oeorgc Hanks could not be converted into bankable funds at any premium. The notes of a safe specie paving Hank in Wheeling are at a discount of two and a half per cent ? although the intercourse is so prompt and frequent between thai c;tyand Baltimore. Notwithstanding these difficulties the course ofbuainess in Baltimore is much nearer to what it was in good times than it is in uiiy other large commercial city in the United States. Confidence in eac h other in our mercantile community is but little, if at a!l diminished; and a general disposition prevails to aid and accommodate each other. It is very justly said in n morning paper that the failures in New York and Philadelphia are failures of our creditors not of our debtors and of course we sustain no loss by them? Only one failure has occurred in Baltimore of any importance and that resulted from acccpting largely in expectation of timely remittances from a house in New Orleans, which were prevented by the failure of the New Orleans house ? and but little-injury resulted to the friends of the merchant in this city. ChablestOn, April S.-Oub Banks and the Pressure. ? We understand that the Banks kave, with great unanimity and liberality, agreed jointly on the following terms, for the relief of our community. 1st. For the ensuing CO days, only ten per cent will be required on all renewals. 2nd. That during the same period, the Banks will not curtail their preseut discounts or lessen the acc nmnodation heretofore afforded the community, but will discount at cash, to the extent of their weekly receipts. 3rd. That approved Bills on the North, be taken at t he following rates : ? 30 day drafts 1 percent ? GO day drafs 1 3-4 percent ? 90 day drafts 2 1 2 per cent. We recognize with great satisfaction the above arrangement, because we believe that the temporary pressure under which this city has been laboring, has not been the result of an unsound slate of things among ourselves, but from the heavy curtailments which the Hanks have felt it necessary to make in their accommodations? a necessity brought upon them by large and incessant demands for Specie. ? At a period like this, when the financial storm is raging at the two extremities of our Union (New York and New Orleans) with little promiae of mitigation, the force of public opinion should i e brought to bear upon those, who for comparatively paltry profit*, arc (lie instruments of visiting the severest suffering on their follow citizens. Modile, April 5. ? The Sea Sebpent. ? ' The ship Havre, C'apt. McKowii, arrived from Havre yesterday, and wc hare copied the following description of the real " Monster" of thf deep, front her lug book, ih? tiuth cf which is testified to by the whole ship's company, 28 in numlx r. L,nt. 85,32 N. long. 26,05 W. saw something very singular, i.bout 100 feet from the ship, and, as it approached, discovered that it was a snake ; its head, which was shaped like that of a flying fish, and about the size of a barrel, lay within fifty let t of the ship's ?.<le, and the end ot its tail between four and five hundred feet in a perpendicular direction from the same ? cwlor of its body greyish, and about the size of it shin's mainmast. ? As this monster of the deep mown gradually from the ship ne.ir the sulfate of the witer, its motion appeared like that created by a ser: s of bar r Is rolling in water in direct line. The day was perfectly calm, and all on board had a fair view of his honor, the monster, for the space of halt' an hour, when he shook Ins tail in token of adieu and 1 It th'" ship. ? Com. lit raid. April 7. ? Races ? Club's 3d dav.? Seldom, if ever, has th* re be n witnessed on the Mobil* cour.-e, a more ' interesuag or better cont< *ted race than that ol yesterday. tie fort the time arrived for starting, Virginia Fairfield was decidedly the favorite. Indeed, hundreds of dollars were freely bet that she would win i very one of the heat a run for. Several beta were offend and !akcn on her against the fit id, and some bet two to one the same v ay. Scarlet, it was contended would be sccond In st, but as for American Citizen, he wa* to be d stanccd ? "and, no mistake." After due pr linunancs, the time arrived for starting, the word was given, and the nags were oH| Scarlet having the track and taking the lead ? American Citizen closely following, and Virginia Fairfield purposely bringing up the rear. The mare, however, quickly made play lor the horses, and on the ba< k stretch gained upon American Citizen, and, before reaching tnc third quarter, passed lum, and look her position m the mi Idle, keeping Scarlet up to his work in earnest to hold his own. This he did, however, with great go ?1 will, round the Course a second time, and a third, a'thoui h in the course of tke thud mile, and while running along the strait stretch, the mare so gained upon lum at one tune, as to cause the multitude to shout simultaneously that she had pa?se 1 him; but jast at that moment, she lost again, and had to content herself with letting Scarlet win the first heat. American Cinz< n came in third b< sf. Time, 5m. Us. The sec nd heat's starting was very fair. Scarlet had the inside, but Virginia (-airfield a trifle the lead. Scarlet soon pass d h r, however, and was immediately by her passed in return, while American Citizen was following them with renewed energy. Indeed, !? fore three-fourths of a mile was run he passed Sc.iri 1< t, and on making the turn to come home, pns?< <1 the mare also ? came in ahtadand thus passed on and held his position during the second mile, and the first <]tiarter of the third, when the mare lappud him for a moment? then again hegai.edon her, and his friends began to think he was about shaking ofl' his h thargy for good ; but just as confidence began to grow strong American Citizen began to grow weak again. The j mare overtook him again? passed hnn ? and came in 1 ahead, winning the In at, in just six minutes. The third heat was a fineoncalso. Virginia Fair! field had the inside of the course, but Scarlet got the start, and held the lead hand?omely for three-fourths of the fust mile, when the mare canted on him closely for ii few seconds, but soon fill back again into the middle. Scarl* t came in the first nule ahead, and ?tent oa all' ad, but the mare was close upon his heels, while American Citizen was far in the rear. ? The second mile Scarlet came in ahead, the same as the first, and pushed on to accomplish the third. ? The mare also pushed on i ? i hot pursuit after hun, wh.le American Citizen, being tired, InuUd i.p. fccnr ! let kept the precedence he had got and came in ahead 1 st the end of the heat. Time?Sin. 58s.? MercanI Hit A, It. New Oat e a MS, April S.?1 look a Di or Tax as. ? It appear* from a slip ?>n the Hulletin Hoard of the M< r hints Fxchaoge yesterday, that the Government of Mexico have declared the p?rts of Texos to be in a state of blockade. Mexico and Texas seem to be acting over the farce of Bonaparte and Grent Britain on the score ol blockades.? Commertial liullttin. Mexico, March R. By the last arrival of the Engl?fh ptrkfl, tht r rench Mirmtif receivrd inftnictiorm from hisbovernmenr, to demand immediate restitu uon from tkia Government, of the amount taken from tiie French cmxens, under tbe decree of the Force Loan, and an adjustment ofall ether matters in controverey be haa not yet received hia answer from this Government. The English Minister, I am informed, received similar instructions. On the night of the 4th inst. the Message of the President of tne United States, was receivwl by this Government by express from Vera Cruz, via New Orleans. It produced a greater sensation in this Capital, than any circumstance for a long time. Congress was convened the next day, in secret session. A? fur as 1 cun learn, their action was any thing but favorable to an amicable adjastment of the official between the two countries. I also hear, that the Chambers were discussing the propriety of issuing Privateer Licenses, and sending them up the Mediterranean, by nn agent, for sale. The Government und people seem lo treat the Messege with the utmost contempt. I am anxiously looking for information from Washington city. Our citizens with capital, consider their situation at this crisis, critical and dangerous. A commotion has bee* spoken of in tke city for these two or three nights, inconsequence of the depreciation of the copper currency, which is, I was told to-day, 50 per cent discount; and there was no doubt, of this circumstance alone, producing a convulsion in this distracted country, and our citizens fear a suquco, if not loss of life. ThePrics's, themselves distrust, of ull moral, or religious obligations from the Confession Box and Pulpit, daily excite the licentious and superstitious lepros, which compose nine-tenths of the population. Prejudice against foreigners, attributing all of their misiry to them, charge them w th abstracting the Plata y oro from the country. General Bustamante and bis secret deparlurefor the Northern Army, is indefinitely postponed ? Gen. Santa Anna still remains at his Hacieado, de Manga de Clavo, waiting the result events, and the movement of sub Amig M.?lbid M a in h 10.? I had the pleasure of addressing you on the Hth mst. via. Tampica. On the morning of the i'lh there was manifested distrust through the capital; about 10 o'clock the government published a Bando relative to the copper coin, reducing its nominal value to 5? per cent discount. About 11 o'clock, the whole city manifested strong symptoms of com motion, collecting near the palace ana market place, the dense mass of poor miserable lepros moving about tike the waves of a troubled sea? dri* en to desperation by the depreciation of the millions of valueless copper currency the Government have issued. In a few minutes after 11 there was a general rush through the streets, and all doors instantly closed and barricaded, expectiac a saqjeo. In the mean time the troops made their appearance, and cannon were drawn out in the plaza de Palacio, and about 12 o'clock, the military succeeded in restoring tranquility, and the Government issued threatening handbill? through the city against any person who should refuse copper at the fixed value, and the Governor of the city another, ordering all doors opened under a fine of FJ00 to those who did not. A regular patrol was established through the city, and kept up until this morning. All is quiet, but by no means settled down so. ? Ibid. March 15. ? We had another revolutionary movement. Foreigners houses were attacked by the populace and all tneir windows broken. In some houses in the nortals, they were not dispersed until some were killed by the soldiers. On Saturday many were shot and lanced. Though much excitement pervaded the whole c' pitol on Sunday, they were kept down by the troops. On Saturday, disaffection manifested itself among the latter, as the goverment were in arrears to them ; they succeeded in procuring funds from the merchants and paid them off. Otherwise they would in all probability have joined the myriads of robbers and murderers, which composed about three-fourths of the population, and the city would have fell a prey to a druadful and merciless saquco? there is ^not such a licentious population in the world as in this place and Puebla, and their prejudice and hatred against estrangerous is dnily encouraged by the Padres. On Monday night it was undestood that the troops were to proclaim Gen. Bustamente Dictator, and besides the regular patrol in all the streets, extra guards were at the corners of streets. No person is allowed to pass vithout being overhauled? at 11 at night the officers waitsd on the general for his assent, but he would not yeid to ineir views. They have demanded the resignation of Mr. Corro, the President ad interim, and I hoar that he ' sent it to Congrt ss y? sterday, but they could not form a quorum, and I have not heard whether Congress acted on it to-day or not. It is said they will notacccpt it, as his funntic principles suit the part who have a majority in Congress. fit n. Moran was spoken of as his successor, but he is too liberal, Alatnan also, but he wont suit the troops. The priests will not give up while they have any hopes, and 1 learn that the lower class are now beginning to speak about the confiscating of their immense property, yet the charm of superstition, broken with them, and their baneful accursed influence is forever gone in this city, and unti! it is, Mexico will never be redeemed from its fanatical, and miserable vassallage. Trxaa and United States, maturs are all swallowed up nnd France in the bargain in our domestic affairs winch are daily growing worse. t Private norH'tpundeoce. I Morn lb. 4 ill April, 1334. Dear Sib,? I have read with feelings of flowing interest your accounts of t be money market and trade in general in i lie "big city," and although one ol'wur editor*, the Mercantile Advertiser, has seen proper to censure you tor your "extravagant remarks,' and hn? styled you the " HuHoonof the .American Press '? [so do the blockheads generally call me ? Bennett.) It is the general opinion that your remarks are no less *tra> lift than trui? [My remarks nn the markets are only short of ihe truth ? liennttl.] 1 tv imIi we had you here about a w e< k to stir up the critters in vur mercantile menagerie. We liave n few lions and royal tigers, hut the rest of the show consists of all classes of the monkey tribe, from the baboon tt# themanaozette. .Apropos of inonkies. ? A monkey tnck has been played oft' to the disgrace of a bank director, who has obtained three advances on one lot of cotton from three different hous< s, say to the amount of *7(1,000. The gentleman walks at large, and yr?urday attended the races m crack style. He is raid to be part owner of Birmingham. For further particulars, I refer you to some ?f pour tailors who supply our drapers with rascally slop clothing ? thaj ore tht boys for news. Vou may wonder at my presumption in tending this letter to you by 14 cxprmu mail. ' The desire of promoting the interest of the Herald, and the hope that this expose of the way things are done here, will prompt your subscribers in other placts to give you th cform and )>re*?ure of the tunes as they exist among them? and finally the want of ihe wherewith to pay the extravagant pontage, and a knowledge that you are one cast in nature's mould, made up of virtue, love and chanty, has induced me to p< r pet rate this act of beldnes*. Friend Bennett, cease not, I pray you, in your efforts to inculcate truth. Cry aloud ami spare notthen shall America be " Bcnncltixed !" With all the gloom that prevails amoug us, there is still some encouragement to hope for a better state of things. It is thought by prudent men, and those are the best judges, that the situation ot Alabama is much better than any south or soathweaiern state. The spirit of speculation has been rile among us, but then it is placed upon a better basis than that of our neighbors. >Ve are a* yet in our infancy. Our planters are composed of men who have emigrated from Virginia, Carolina and Georgia, bringing with them their negroes and money, which they have laid out in land at a low price. They have devoted themselves entirely to the culture *f cotton, neglecting to raise stock or grain, finding from the enormous profits ?f the staple, that it was belter to pay a corresponding price for the necessaries of life tnau to raise them ? The manner of conducting business here will experience a change, and it will benefit Mobile exceedingly. Our State Hank is a complete political machine, and has indicted upon us a stt of men calling themselves merchants,? (loafers, rather? lirnnett,] who have been a greater pest to the community than would have been a seven years' itch. The direetors of the .State Bank are appointed by the legislature. The ! practice has l?een for those who have friends in the | legislature to visit th? seat of government, and elec1 tioneer with oysters and champagne, and p< rlorm log-rolling in all its branches. On (lit.? The Planters' and Merchants' P.snk was created in this manner. The "smart fellers" are made bonk directors, and tht n we hear ofTom, Dick and Harry as commission merchants in Mobile? they receive any quantity of cetton. The planters rally around them bccnusc the; arc the boys to favor their interests. Theae eie the men thai have taken the life blood out of the community, and sucked the bank like a horse leech. _ The last Legislature passed a law restricting all liabilities to the Bank i?f35,000, but they happened to be a little too late in thuir wisdom, H such bunglers at finance can be allowtd to possess even u moderate share of the article so ;atled. The facilities ef the Bank are in a state of uscd-uppery. A meeting of the Merchants and Citizens, was convened on Saturday last, to take into consideration the present state of affairs and endeavor to restore confidence between the city and country. The planters have taken alarm and are holding back their cotton. It will no doubt result in much good. It is said that two millions of dollars put in circulation would set all things right. This state has 8880,952 of the surplus revenue unappropriated. It was proposed to request the Governor to convcne the Legislature and for them to pass an act authorising the Bank to issue post notes. We have a heap of fun here accastsnally ? and always in summer, any quantity of fights. If you should like to tear from mc again and will pay the postage, just say the word and the wool shall fly. ? [Write me all your fun, and particularly, your business ? I'll pay the postage. But be accurate en the markets?take care of that ? Bennett.) RieiouM Fcjiidob. Cribbace.? Some liteiary rogue has stolen Ne. 5 of the " Free Translations," inserted by the author in the Herald on the 12th of March last, and hoax! ed the Editors of the Albany Microscope by palming ! it off upon them as an anonymous original. Will the Microscope please to make the amende honorable 1 Flower Auctiok. ? We have had plenty of furniture auctions lately, and shall have more. There have been sales of horses, of houses, and of fashionable furniture ? the latter only is worth attending at a Isunge ? as at such only do the ladit s condescend to enliven with their presence the dull details of business. An exhibition of a very attractive kind takes place at half past ten today, at No. 18 Courtlaad street. ? It is a sale of nearly one hundred beautiful Camellias and Dahlias, lately imported from London. We have ne doubt it will be attended by throngs of beings as fair and fragrant as the articles they go to buy. The catalogue presents quite a fascinating array of names. We have always objected to the truth nf that hackneyed phrase?" what's in a name1?" The rose by any other name would not smell as sweet. The association of ideas between the name and object is inseparable. What sentimental beauty of ' sweet sixteen' could resist the purple flower offered ts her as the " Rose d' Amour' ? This name we see among the Dahlias. There is also "Lady Hume's Blush,'' among the Camellias. What a pretty idea! what a delicate compliment! Also the "Metropolitan Blush'' ? very rare, we presume. What lovesick damsel could refuse a "Thisbe"? and what devoted wife a "Desdemona"? The "Lovely Ann" will be eagerly caught up by some secret admirer, whose goddess rejoices in that name; arid the "Painted Lady" find a ready purchaser in some sympathising dowager. This christening of these beautiful productions of nature is ingenious, and in most of the cases, elegant and appropriate. We have no doubt the sale will be well attended. Ladies ? sweet, beautiful fair onc6 ? do not forget to be at No. 18 Courtland street today at 10 o'clock, to see all these enchanting flowers ? yourselves the fairest flowers. Oh! that we could be a bird? u bee ? only a bee ? .'or one day ? for one hour! The m-avk case again. Yesterday as we notified (he case of Jacob, Kllia or Dixon, the reputed slave came on for another hearing before the Recorder. A number of witnesses were examined, among them Mi. John Williams, a colored minister of the inethodist persuasion, who testified to his having met with Ellin or Dixon, as he is now called, at several pruyer meetings, prior to 1632 the time he is said to have absconded from his owner. Chief Justice Uloodgood was examined, touching the occurrences of the rescue on Wednesday ; he produced a pair of loaded pistols, which were taken from a negro, to show the excitement and detei initiation that prevails among the colored population on this subject. Kichard Livingston was examined and deposed to his having employed Dixon as a white-wnsher ? considerably antecedent to his alleged absconding. The argument un both sides was long and prosy ? every debatable inch of ground bung fiercely contested. The Recorder, after listening to the belligerent counsel for a considerable tune, undertook to cut the s|>ceches short, which he did by adjourning the cause until Monday next. The excitement among the negroes seems to be in a great measure alleged. There were, compared with the crowd collected yesterday, but few assembled. It is but justice to F l!is, or Dixon, whatever his name be, to say that he had no share in the rescue of yesterday ; and that he was absolutely compelled into the measure by the blai ks who surrounded himself and the officers. MAKK1ICO. On Wednesday morning, ISIh w?t.. in tin* eity.hy 'hp Rev Or. Rii-i*, Ellas Oshorn, of Newatk, N. J., to !\li?* Elir.rt M.,tiaiitfl,t*r ?>: Kilward Me< k*. (in Huriday. nth last by the He*. J. Z. Niehels, AhiamQallicnne lu Minn Kfni.y S.iulh Wn Huniiay, 9thin?t , hy the Rev. J. Z. Nichols, (Jcorge Hint lair, to Mm Nancy Smith. Oil Monday, loth mat , by I h?* Her. J. Z. Nicbo!a, Charles E. Maityn, to Mi** Elrnlieih Van Ar?dalen. On W cdmtiluy. lath Hist. . by the Rev. J. Z Nichols. John Omlamy . to Aline Suruh Am Mall. DIED. On Thursday, l.ith irat.,of a linircriiiK il Iness. El r.abetli Hoidna, wile nf Greenfield I'wte, ii ir< <1 as jear* The friend* of the f.im ly are repeated to attend the fiiarm! tin* 11O1 miooii from her latoiemi.enee. 17; Chamla-r at On Wedner?tay, lath in?t., Mr*. Sarah 0. Kitching, in the '>3<l year ? f her unit. On V itlni-Niiay, l?tii intl., Ezra W. l>udgo. jeweller, in tlie 3*th yiarofln* ugu. (.in Wed i Miiy, I Stli ih?i. . Julia Maria, younged daughter ?f W. Willi*. ?wed I year and 3iii?imIi*. Oii Wedm *day. lilh mat , Jame* Hike nun, aged 53 year*. On Wedru*ilay, lath mat, Peter, infant *o? ol T. H. Dayton, aged IS inwnth*. On Wedneadai , 1 2th mat., John McGuire. on Tuesday. Illhinat , Mr* Mary R. Vandenheck, daughter at' thalatej R Stuart, a. ediM year*. litmnnHl ?>n Hatu day evening, Apnl Sth.at liaalteek's atave yard, (Caa1 Rivei I >t of i 'inton *lreet, an Irialiiunn .-,uiit?d Wil. Ii.nn llradley. H.iid Cradle) I* M>< at S teet R iiiHm>* hicli. taiiiiy bur; had on a pair of llnek aole hoot*. ?niifT colored eoat, velvet aollar. and a pair of *tout Mark rloth pantaloon* Wlmatrr ia? k? up?aid body, w ill p'easa give info mat ion t? Mose? Cooper. 33 (Suffolk ?lreei,and they *hali he rewarded tin their irtmh e, and receive the thank* nf th< family of the ile< eaaed. * WEBKLY REPORT or INTERMENT* The City Inai^,tirr ref*>r1? the death of I7t? pccons during ihe win k i nil in* on Na turdav. '!>? Mb of April, vig : #5 men, II women, 36 bnya; and lit girl? T i.liil, IT#. Of h hat 1 1 'here were, of the age'f I year and at der, 94; let woen tlie age* of I and 9 yean. 14; il and S, 17, 5 ami 10 T; 10 and *JU, 7; M and at. IS; ?i and 40, W, to and iu, 17; i v ami *0, 15; CO and 70, 7 7t and M, 5. ??i aa4 ?n I ?Total, 170. flllHIH. - Apupkxy > llh-edina frnni the l'irif? I ; ('<,n?li(ai Ikmi j. Ctm - ? i > i, i ?? n?r? I, (Jemakiniii m, i nmp <?r hive* |, Dei.ilI , Miiiii irein. ii- Miiilini I llri.|?> in the head I ' . Hy ?entary ' , Eevef I; <lo rennUent *, <k> |iner|? ral I . ilo. tearl- r 10; do ty|itM*d II; Eraeture I, Inllam nalHMi, I, Inflammation of the htam J do (aiweti 4; do ? Imi ? do. liver I , fin heart I ; do hinga tl do I r>?t IfiMintr I I ii I ? ih|? rai.re | !.?.?? nena I, MailiirmatHin I, M*aale? V. Old aire 4; Ha ?y I. Hmatl p<? 3; Min- ide I; Tutthini l| Unknown (, Who- pin* eou(h I; Worms I of th# ahf?e titter w?re(Vrtm the Aim* Hnaiie, 5; from Bel'evMe H'*tHal. It. f'om (.'ity Hoapiul. ?j Nlaekwell's laland, $? Colored [4>r?iaia * P/? ?*? iff t'mUal ^tatea. H4. Ireland, Tl. EafWM, I. H'-ntland, t; Geewiany. >. Hwwli'ii. t. t'akaown I. J. Wt;KBI.?. City Inaprrtor. Cilr Inatwetor'a OtKee. Ai nl s, Ht. DR ( VAL't, f.RANO ANNUAL EXHIHiri "N AND HI.NEFI T BALL Inf rvMiM<"i<afi nf Mvt*?ii ?? ???<i W nri? ?? (In ifcfr rrtiinf % to ? ) ??i l?rtt i?*w INIwl nf ')1verti**fneni , a Oraird Onentat Khaw. I?anee a * ? matiyothif Fnney Ii * i , ,g i | r?ard tk? nt'W'lh at tae ii i aaeiAN mil <l? aaoatiwa v, T?ie ronas to Iw dveor?t<d by a new a I o? ri|,|.i..,.rinte seeneries. |?aim Ml e,p ?.*lr Km Mm- ??. h? P Oram Jr Mr M.> (,rard Val. re*t?etfiill I tofra* t' e fiihnr. that the said Rail w || take p are a* m?-?i a* the ??ftn?ire nml neceaaar.i prep amt|?n< irr , ,mii|iI' ''"I ? h?" h ? '*'|ie? I,. I >ii n J ? e exix-rtal oaa of b,a fri, nd* 1 j the !W?t ? Iriel d di-|day of Taney Dari'-e* ever . vltibiud in a Ball Roo?n E .rther pai'a ulars maile known h*rearter l?ii?e of Ttskets, ?l.tt to admit ot?e Gentleman aad two Ladiet. alt ?t* Llifc*. II v I IM'M AH* RE* ARM will be paH to the liodet ofa Iti imon; Hr>a*l I'm. o l yeaierday, b? leavinf it Ri Nn 417. pmidw'jr It ia svitp, wd to hare been dropt*d in Mroadwty b* t wt? ? Brouwi^ Waeftly I'laee. a 14-31 MOJVKY MARKET. Friday, Aprtl 1*. The revolution is assuming a tranquil character. The flrat explosion, like a:l new thit.gs, created a great ?eolation. A failure ?h iben a wonder? and produced a great talk? not now.? Whole blocks now come U pieces, and people only inquire, " any ot) era )' The commsily are becoming reciuciled to their fate. People areenly astonished that they never taw the a'.orm cennnr> till it* ravage* were running lur and wide like a tire on the western prairies at the clone of a dry summer. Yesterday the etock market wa< inactive and de ressed? the United States, of tlie whole list, Lc-irie the only stock tliat stood the blast. The Phoenix, State, and Morris Canal stocks, are all sadly ?.fleeted. Thtsttrwe* fiem the late fai urea. A director ofthe State Bank was announced early ycilerday as liavitg luapended, an* ttiut event again concentrated public attention ou the doings of th.it bank. A'.othei fact has affected these particular bank *toek*. They were much engaged is) foreign exchange operation*, being u uh e to re i*t the temptations of doing a busiut>s* tquivu cut to 15 und lb per cent per annum. It i* generally sup* used that lanre quantities ot foreign cxchangt* will be returned, pretexted, and thus affect these institution* in a a ill higher degreeBy one ofthe late arrivals, abili ofthe Montreal Bank, lor j? 50, 000 ? was relumed fr^m London. It appears that it was taken up in London, by the Barings for the honor of the indo/sers, Prime it Co. of thi* city. Su.-h a circumstance haa not Uken place ia yean. The exchangeoperation* of England aad Canada hava generally been founded on a solid foundation? but the want of a*si.ts in London ha* been proiubly created by aome derangement of the trade of Canada with Liverpool, or a deficiency iu the u*ual imliortalion of emigrants to Canada, whose sum* in fpeeic are picked up by the Bank of Montreal and sent to England, thioughNew York, to form the bus.s of a part o." ibeir exchange operation*. * The p;e*fint criti* in this country ha , unquestionably, been precipitated by the determination of the Bank of England to put an end to the system ofcredits, or accommodation exchanges passing and re passing between the two countries. We call it kite flying here. In Pi.bruary last, the Baring* made an application to the bank of England, for advance* of live millio.is of dollar*. Before that date, the Bank, by itsowu separate action, h '.dstiuc a blow at Mancho> ter, in order to ehtek the . ledit systemi xi ended to the United States. But this being a *1 jw und *elf destructive process , they renewed the expre- sion of (Jieir purpose to the Bari>r*. and to the other American bank r*. A loan, or aa extension was to Lc made to austain th. in, provided tho-e house* would diiectly cut oif Se per cent ef tl.e.r Amencanaredita. Tbiy assented on these conditisn*. 'I hat negociatiun wa?, therefore, the cause of the recent movements aad circular* ef tie American bankers in England on the American trade. It appears t at the accommodation paper, bated en the American trade, in Enylaiiil, amounted to neaMy fify millions, embracing a period of six montls. Probkbty a thiid of the amount K.ny have bi en founded on sens, ble and legitimate transactions? but a Urge proportion <?f the naidue waa founded en the iece..t high prices of ootton and storks, which huve been the principal exports for some time i?*t. The depression ol the prices of cotton will be 25per cent on the whole crop? equivalent to *20,#?0,ec0 in a single year? the return of stocks also something. This is not equal to our English de?t. Again by tlie recent n int laws, god, aawill as silver, ia made a part oftHr legal currency in this country. Formally our legal tender and currency was principally silver. W ith England, therefore, where fold i? alone the basis ofthe paper circulation, we come into roiupeti ion fur a i*>r'ion of that precious metal. ?nr 677 banks and ?!3?,roo,<Kwj<?f paper issue* require a *?lid gold baais to support them . The vauous banks of England with a paper currency of UU,milliona? according to our somputat ion? also require a solid specie basis? hence tlie strug Je between th two countries lor the specie. Tlie great effort for the last few months has been who shall have this apecie lia-i* In the struggle, these terrible explosions, now en record, have taken place. It is a struggle whether the backing *>stem of England or that ofthe United states ahull fall to pieces. Thy specie in both coantiie* m just sufti tient, and not much more, to sustain theer dit and solvency of either the one or the otherthere is not enough tor troth. Aecordir g to the latest returns the aggregate circu'ation and apecic of the two countries, expressed in ?Jollars, stand thus :? dpccie. Ci culation Englaud, tt.iM.V'.o i?o,io*,*.,u I mtrd Mates, 40.eeo,000 ISO.MM.OM The temper and nature of these meutures csrritd on between the two countries ure not how many or how few iriercaoulo failures shall take place. I' i* the morn important qiestion wl.etlier the hanking system of ihe United States or that of Erig and shall be ! lown to atoms. Tlie inflation and expansion of liolh currencies have lieen caused Vy overt rud rig and the great pressure upon Ihe banks from w itht ut of con mercial credits issncd by the metchuiits: The Bank of England waa the first to seethe inequality and disturbance Our government, without knowinr why, but merely from narrow p litical motives, hiuuiii ied on the very aame measure, and the only one that is capable of *u* laming t ho general solvency of o*.r banking system. It drew the S|K>cie from Euiope, insUad of tt kiugit in the shupeof bill* of excha ge. At thi* moment tlie pet banks are, from t hi* ci culation, more solvent than the Bank of En.land? though the myr.adsofnur o'lier banks may be, end ?o doubt i re, rotten to the heart. *1 In Bank of Eugland saw at once its po?ition, an I waa deteirauied to save the credit ol* its issues at Uicexpensi of the whole Anient an trade, and even of its own manufacturing system. Huch we take to le the real imsition of thing*. Tlie havoc we ha?e already seen m ori'y the t<**gin:iing of the great gime. If *piciedees not goto England many Relieve theirb inking system will roceive a b'ow that years cuwal heal up. We owe I hem #5#,tuo.noo They call for thedeV ? if we refuse and break our merchants? ihen our blinking system will not l? sscrificed Thuaate two count rn-s. in am' qaenco ef <ivi rtrading and inattention to the trn* piii.rii ha ol I. anking science, fluced in the |K>aitirn of' we (aiuMers trying to ou-rriach and *h?at raeh ulh, r. We dreuU the futuie. central mark et ?<. The opetatm * yellcrday were oil ruther* mn.il r r order than on Wtdne*?!ny. The \?r?tWr i? drlif htt'ul, mid ii ha* ler-n *o ror the laat tkiM1 'lay*. I>H it tlx < not l<c!|> tli* kwiiNK of our city, aa wiuld l?e e*| ected. The (art l? . merchant* five up ell their tiino to raut- money to meet tliair i nyatctn-nft, and luvirjt no confidence to K?iy or m'1 food*, th?rcl'ott> we mutt expect tliat traiewill be da I. Dry tiood*? A *?.le of *l>ojt yo p.ickare* of fore ?u and domr?tir. dry good* tiw>k plac )?*ten'ay -it wktCudy atttixM, ; ml the aftieb* went ofl'at food (irtcM, Grain- Imported r*)Mnl?r,H,litban wheat andtftu bafirye. Piintt ralci take plarw ai. wh< at 145 a ISO; rye to a ift. Huinir* -TiaanactMm* ill the market rontinur ra'her hm:t?d on pnva'eaoeount. At auction yc?tcnNy *r nvtira tale* of?# brie brown tufa "tat I u 51 ; 3 do. do. r.rut w*l at B|; 3 d<* loavwn <l?. at T| ; IS do. win ccruthed do. at 111 a lv|; 71V lon*e? white do. at |.<i ii 14; ISSlirla loaf do. at III a IS. Flour- No ? air ? ofc?n*e<|uen'-e-tbe article it ??t y heavy and in dcclmini:. At auction yetterday. ? brl* inldiinf ui dtniwr were ?< j|?l at 5{ to T| raOi. I\I?la*?e?? Wr have no tale* to record on individual account, and only 91 hhdt I'.rto Bir.? at auction. at 95 a 9>i eath. fialt? Of food Liverpool we notireno >ale? Yetterday a tmsll lot dnmrumd. about iO?..rk<. went at tt so pnv it* tale. At aw tion 9M aaek* wore <ii-i*??ed if at I oa a 1 9* .id caah?IS* i* a*k<<f Tor prime; ofo) her dutcript ion we have no tr mM>'ti<>ne to temark. K tceipti >?/ ProilitCf, 4" reeeivwl dowa the .North Hirer. April 13, 94I barrel* flour, 4 b.*c? a*h a, Ii head ea'tie. 100 !>?*?? t aa dies. Price* ol .'lock* at the New York ^*chawr*. April 13. (I. S>. Bank, III, Mi. Ill, IS CnioS Int. C* 70 I'htni* Hank. Iu44 . tuf> Mutual In* Ca 7* Del. * Hud. 73, 7V| Am ln? Co, Il?, 10* Moni* Can Co. 77J, T. 6* .M.he?k K K . M ?i Kk Htaie of N. Y., W Har. It. K , ft* farmer* Trutt Co..*Ji, 34, ? B<>?. 4k Pro* K H. N. <4, U Am Lire A TTOat Co 77* A Woe. It. It . fT O. Life A Trim Co. iet| N. J. R. It * T tin., M Kentucky Bk. 77. :? Utira R. H., lin l? Vick?t>urf Bank. 71 Lon* Itland R. R . (3, at. .|, N. Y. Ira Co loo , , . Knee- of mnekt at Pinla?lelphia. Aiml 19 Htnte, Sper rent lfS4? Wf ?t?<rn Bank, S4f, Phil. Rnuk, l<i# Kr.-ueky Bj-k . 77 Fmm AMrrh lik ?1 v?,;k.Mr, Rank *7|. ? Mechanic Bink, ?4 Schuylkill Natl* Co IM| Kchuyiklll Bk. M W * Had *J. 4. 4? liirtus Hank, SS| Cnmifeii * Aintmj R R l? M. ? M. Bk Pwtahury. W 1 - ? - - NEW YORK KA('R<ii FIRST SPRINi. MEETING, IWT. WILL COMMKNtl TH? riR?T Tl'KM>AY IX MAY, 2(1. Fimt Day? 1 u<nd.iy Swtjpihlw, Mile H'-a'a. |i?r 1 year. old. KntraniM) tM)0, Forfeit itAO. Eighteen ti|Strril>ert scBBcmtr.iie. I R?iheitTi'lotaon, namn.ky llenrr, out ?f the d im of Med?c. 9. R. L. Stcvena " proauce of B?t.*ey Rauaoin, hf Henry. 3. do. " " ef Polly Hopkina.hr Fful? 1 1 tier. 4 AP.Hamhlm " " ef fiiniuot*. I>y Be i|?e. ? d? " " wfOtt.ich, hy Aadrew. ?. Johnt;. Htevena " " ol'Janette. hy Henry. T. do " " of Ro?ip. by H<-ory. ?. R. F. Btocklon " " ??<" Pewaneey. hy Sir Charlea 9. d? " " of Monntowth'i dam, h* DiaM'l. 10. Wm. Oib' on* " " of B nwlow, hy Kcltpa* L'tft.d. Hally filour*. 11. I. H. Sne<iecor " e. by Andrew, dam Vandeeeer'a Pacnlet nMre. 19 Wm.Jone* " a Lotrrll colt out of FJeanei. 13. T. Peartall " u e< It by FlyM* Uhiklera, dam Oaleare 14. A L Bolt* " a. f. by F.clipee. dam Philli*, full mater !? Oohanna I* J oo C. Craif " p'educe of B?>?ar An hcr, by Hit Cbarle*. It. Joo Draw " " Cornelia, by Andrew. dam Filbo n.are. 17. Samuel Laird " ?. f Betaey Andrew b> Andrew. dam Farm? i'a Dnuin I I*. R L. Steven* " produce of I.aJI* Bo k by H?aryHame Day-Pur*e t300-Two Mile iloaU. Secuii.l Day V> ednrtdny. Purte #S00 - Three mile heata Thiril War ? Thur,daj . Purae iltW-PoMr mil* hvaU ALEX't. L. BUTTS alt d 9M "AVID H B'lANCH IF lb* Carman, who remove'1 <>ooda iirul Turni'iin (r,,n, No to* t^herry *'reet. and the C< nr hmrn wNi carried the firmly from theahi.v* place, on the lath inat will call on Mr f Hl'ARKS, at tb. Po ice Office, they will be rewarded fur ibvir trouble. ?14 It*

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 20,000+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free