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New York Daily Herald from New York, New York • 2

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New York, New York
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2
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MORNING HKllALD. TOIIDtT. tCSCIT II, More Trouble In our Party The Rev. Benjamin F. Butler, Attorney-Genera! of the United and member of the cabinet proper, gave audience yesterday to a large number of party men, cVe.

He is on his way to Washington, and will depart in the boat this morning. During the whole day he was here and there, consulttd by the faithful, and to every man he made the tame revelation. The gorernment intend to divorce itself from all banks." This policy Mr. Butler saya is positive and certain. Mr.

Cainbreleng and he were also in consultation and the fiat has gone forth to destroy the bnnks and all paper currency. The troubles in our parly" re coming to a crisis to a head, with a pretty bad ache in it. Yesterday the Tunes" came out with a long attack upon the doctrines and sentiments ofthe "Washington Globe." This attack wad made under the shape ef an extract from the "Onondago Standard," but in reality, it is the first of a series of articles usually called Public opinion," written here and iw Albany, and transmitted to tho west to be there first published. During the list month there has been long confident; cuiisMltatio-s among our leaders of this city and in Albany. The Seven Hundred" backed by Governor Marey, Bt-ardsley, Porter, Corning, intend to make a strong demonstration against the doctrine of tlie ex-President, and the interference of the Hermitage financier, with the currency.

We learn also that it is deemed most advisabl? by the "Seven Hundred'' not to have any more public meetings? not to trouble themselves with any further intrigues in committees. They have adopted a bolder and more resolute course, and they deserve credit for it. Their purpose is fight th petit guerre on the floor of Congress. The regency of Albany, and the under regency hvre and elsewhere, are determined not to submit any longer to the exclusive specie doctrines of the kitchen The art cle published in the "Times" from the Onondaga Standard," was written by, or at the solicitation of, Mr. Earl, one of the Canal Commissioners.

It is first of a series of similar articles which will appear in every Safety Fund paper throughout the State, previous to the meeting of congress. The journey of Governor Marcy west, has a similar purpose in view. Previous to his starting, a grand confutation was held Albany, at which several of the Seven imlied" from tins city were present. It was fully resolved no longer to submit to the insolence and rudeness of the Washington Globe" and kitchen cabinet." A knowledge of these things was communicated by C. C.

Cambrcleng to Kendall and Blnir at Washington. Blair immediately wrote to the Hermitage and ike recent letters of the "great financier" are intended to intimidate the credit'' parly in this Stute. Mr. Van in the midst ol this conflict is powerless and wo begone. He endtavors to dismiss his troubles by flirting with pretty widows, but doubts are entertained of the tfficacy of such pills.

The war goes on in privato to a terrible extent. The movements of the Seven Hundred," and the elevation of Senator Tallmadgc are to be put down by the late letters of Geu. Jackson? but in this hope the kitchen will find themselves mistaken. The Seven Hundred" are Spartans lo a man. They are determined to meet the enemy at Thermopylae, and to crush them there or die in the attempt.

The "Times" has therefore been directed to open its batteries upon the "Globe," and we shall hare sport by and by. The result of this quarrel will be the annihilation of the Safety Fund system the origin of all our troubles and all our woes. The Eloprxest last Autumn in the Cosmo to Bmistol. Etety body remembers the singular elopemeat that took last auumn, or a baautiful woman and wife, in the Cosmo, for Bristol. By the recent arrivals frona Liverpool, we have received some interesting intelligence of her movements.

1 1 seems that the beautiful and erring Mrs. B. has returnei to tins Ciiy under a new name with a fresh lover. After I be amiable young man wus taken away by liis father, during their residence in Lonlon, our fasr heroine was reduced to some difficulty. Like all philosophical travelh rs, she the place of her birth, a lovely village in one of the midland counties in KngluuJ.

It here she wa not sufficiently valued, so 'lie Imped her way to Liverpool, wnh an intention of revisiting that happy land where her affections bloomed in luxuriance, and her fine figure and great beauty were properly prized. She engaged a in one of our packet ships, under a new norn de guerre, which is unnecessary to mention. After the first few dnys, when she had got her sea leg in perfect order, she made her appearance, and attracted every eye. She alone. This solitude? for nobody knew her? gave a mysterious intercut to her beauty--her elegance? and her fine taste.

Some imagined her to be a others a dutchess incog and mnny thought at least she was a young English eeuntcss going out to America to see the world, and pick up some full sized Kentuckian for a husband, so as to improve the breed of the English nokUnte. Iu a short time, conversation began to unfold her real character and name. She talked of the United States. She knew many persons in different parts of the country? in Canada? in New York? in Mobile? in New Orltsns? all of which site had formerly lived in, and through with eclat. This conversation gradually cansed reflection.

It is very odd," said some the shrewdest passengers, that our beaut. ful Inconnue should be acquainted with so many young in different parts of the country." So it is," said a lady? if she were a countess or any thing at all, she would have known some ladies." She also dropped on one occasion, when talking of acroas the Atlantic?" when I went to Bristol in the Ac. One of the passengers who had read the Herald, in Tortom's, or under the Coleseum, immediately recollected the elopement in the Cosmo to Bristol. you mark that?" said he to a lady afterwards. "I did," asid the lady with a smile.

"Put all thsee thin together, and what do you make out?" "The very Inconnue who ran Cosmo." "To be And so it was. During the reat of passage she was watched, and every little circumstance betrayed her. On reaching New York she tr moved up town to a very elegant private residence which had bees prepaied for her by a philanthropic male friend, en- 1 gaged studying metsphysics. The ceuses of this friendship? its history? the events growing out of itthe negoc.ations yet pending? the electro- magnetic are toe long, numerous, cunning, interesting, droll, funny, Ainctftil, tor us to be able to dish up in one day. So sgsin.

It or and team J.1 iH ii aeleoce to be all made of fantany All made of pawion. and all made of All mJuration. ami All all imd AH pnritr, all trial, all AH, oh' all, ah' all! oh' oh oh All, air ah ati Shalbptmv. An 'Twas a beautiful day. The tun forth in unuaual brilliancy in all its splendor over the hills of Jeraey.

It was on the eighth day of August. Long will the memory of that day be engrafted on my mind? say a week or so. About seven o'clock in the morning a party, of which I had thu luck, to be one, might be seen wending their way towards the Battery. There were Anne O- Catharine Margaret myself, and a few others. Little thought Catharine Of affection ci witbiiu" The great gate of the Battery gained, we passed down Love Lane, through Engagement Place, and, arrived at the Castle steps, we ascended the club beat Celeste, of Hallett's Cove, manntd by four hearty tars, in waiting for us some time.

We were seated. All ready?" cried the boutman. replied the tars. Away wo went? theold castle left behind the Battery? Governor's Island? oh, on we go, our sail bend ing and sweeping the water as we passed along. Next to our view came New Brighton.

The grandeur of this place, though fallen, was duly appreciated I our crew. On one side the Passaic river and Communipaw on the other the grand and lofty residences of our retired and merchants. Next came to our view the Hospital, Quarantine, about twenty vessels, and the Pavilion on the hill. These passed, we were at aplesville, a very pretty retired place called after a merchant of this city. It has the name of being the democratic part of the island New Brighton, thel' Hospital des Invalids, atiatocratic.

On we go, the steamboat wave making our fragile bark rock that The boldest bin breath for a time." Fert Hamilton passed, we speed ahead. A Mil a a promised prize to hope, Her nation's how the telescope," which on nearing proved to be the schooner Teazer. We left her and still pursued our journey. At last we arrived at the gaol, Coney Island. We moored our Celeste in a little Cove between the rocks.

The ladies alighted. We then wended our way towards the White House," where a dinner was befpoke the day before. In truth it was a noble one." We sat down and enjoyed the luxury of our repast with voracious appetite. Next came the wine to it we went, and truly may it be taid, when the wine's in the wit's out." Toasts, songs and flutes were in motion. Amongst the toasts g.ven was the By Anne.

James G. Bennett, editor of four papers May lie soon ipfuc another called "The Wedding Card," edited by Mrs. J. G. Bennett.

We did not return that day. In my next I will give ymu the account of a dance we had on the beach. The ladies tripped it on the light fantastic toe" equal if not better than the Niagara belles. A. B.

Vj- i made a visit to the Post Office yesterday. There I found Col. Bodge of "th' olden time," Mr. Taylor ditto, Mr. Brown ditto, and a whole host of new faces that I never saw during the reign of the hero of New Orleans." How do you do Colonel Pretty well, I thank you; how are you?" Colonel Dodge is the same old comfortable sixpence bullion and specie to the back bone that he ever was.

Mr. Taylor looks well but Mr. Brown is the beauty. He is the youngest man in the office always there? and always merry. His soul is safe.

My love like the red, red row." After looking at the place where formerly sat Barney Bates, puffing and blowing like a bladder, I left the office, internally saying to "the post office under Mr. Coddington's regime is pretty well inaged. Here ar? no loafers. The last loafer seen withiil these precincts one Page of Philadelphia. Amen." BiAirrirvL Window Blinds.

For my pnvatc intellectual parlor, where I write all those articles on religion, woman, and philosophy? the Wall street reports are written in midst of a vulgar bustling world I am getting a stt of beautiful window blinds, ailed diof turnout," which are the most exquisite things looked upon. They are a species of illuminate pictures p.ctures of birds, of trees, and of paradise itself, illuminated by the light of day. The rays of the morning hun, coming through these blinds, are purged of all tluir vulgarity and insolence they bccoine mellow, soft, sweet, enchant ng, and resemble the light that flung its beauteous over the garden of Eden on the morning of the creation. Doyle, one of the who keeps an office at No. 3 Beekinan street, is the genius who brings forward these beautiful creations.

They are exquisite, and worth looking at. Laiiies go. Yon lipht not ilayliylii, 1 know it, I li in Mime meteor tiiat the To lijftit tliee on thy WSjr to os a new psincipls, Doyle, 3 Beck man street, is thengent for the new and improved (ilobe Stare, called the "Patent Radiator." The weather is now warm, but after summer comes winter? and with winter cornea the necessity of a good comfortable warm apartment. On our first page will be found an advertisement describing at length the utility of these stoves, supported by some of the most scientific names of the land. "In peace prepare for in summer prepare for winter.

the Houlharu Kipren. Wc have dates fivm New Orleans the instant. The weather was very hot, and the city was suffering under a severe draught. Money was exceedingly scarce. Another death had occurred of spoplsxy.

No signs of yellow fever in the city. They have proposed ts tar and feather Meunier the moment he arrives in town. The Sylph, a row boat, was launched 0.1 the 5th, and behaved well. Dr. Plough's City of the Dead is carrying all before it.

Will he get money enough to build it 7 The Ramoncito from Tampico arrived on the 7th with $35,000 in specie, and the Love from Vera Cruz with $8,578. The Citizens and Consol dated Banks havo Made exposes of their condition up to the 5th of August Of them tomorrow. A haul was made at Ship Island, on the gulph, on the 2d and 16th Pampanon, and 317 king fish caught What fine times the fashionables have at Belouxi. The government ticket for Governor and Delegatea if ahead in Alabama to far aa heard from. Hugh McVay, dent of the Senate of Alabama ia now Governor of that State by the resignation of Clay to take his seat ia Congress.

A man by the name of Bronson ahot dead a Mr. Brown at Camden, 8. C. on the 6th instant. Political quarrel.

J. Street, Esq. haa been chosen President of ths Charleston Insurance and Trust Company. Two of the government warehouses have been blown down at Jacksonville very lately, in a terrible hurricane that swept the coast near St. Auguatine.

Jesse Bynum, of duelling memory, has been reelected from North Carolina: Mr. Ritchie is in favor of the State Bank ayatem over the sub-treasury heme, bat will go for the latter in preference to a national. Poor old man Striking riOM Bvsnino or the Ben Sherrod. We have given directions to our Clerk to strike the Boston Mercantile Journal from eur Exchange List. The reason is that it has, like the Courier and Enquirer," printed fram our columns the Burning of the Ben Sherrod" without giving us the usual credit.

We shall exchange with no paper that does not do the thing henorably. The following is the article from the Mercantile, making the extract Burning or the Ben There is a thrilling description of the fatal accident which happened the Steamer Ben Sherrod on the on th? 9th of May last, published in some of the written by one of the unfortunate in that dreadful affair. One can hardly read it wiUioat having bitterest of indignation roused against the Captain of that boat, to whose carelessness, folly, and madness the event was owing. If would entertain to much regard fer their own saft ty or the safety of others, as to risk any inconvenience rather than put freight, or take passage ia a steamboat, where freely ui-ed, we should seldoui, indeed, hear of steamlmat on the western waters. The following is an extract from the narrative referred to Apropos.

When is the Courier, or is it ever, to acknowledge itself a pirate and a thief We ask for information. Giving Justice the go bv. As the caravan was proceeding to Bellevue with the prisoners from the sessions yesterday, three of them who were therein, succeeded in freeing themselves from their irons. They then broke out one of the panels, and escaped through the aperture. As yet they have not been retaken.

The names of the three prisoners who escaped are Kennedy, Evans and Medlar, nil sentenced to Sing Sing by the Recorder in the morning. Tady O'Flnnnagan D. P. V. H.

to Mister Bennett an' sure. Washington, August 11th, 1837. Mistkb I'm beginning to think yese a wizard or something worse, else how could yese have known that his excellency, my master, had wrote a letter and made proposials for the hand o' the young Queen, Miss Victoria, of ould England. When the death of his Majesty, King William the 4th, rached this city there was a terrible hubbub in the palauce. My master, his excellency the President, looked as smilin as if ho had jist set down to a mess of the finest praties in the houl land? strutted about the aste room as if he had found a maire's nest, with hishands in his breeches' pockets, and was althegathtr a changed man, Mister Bennet.

Och, it would have done yere hear good to have sane how he strutted, smiled and looked as he trampoosed the room. By my veracity, I thought him a little crazed, so I did, and de tar mind, as in duty biMind to watch closely. By the powers says I to myself, Mister Van Buren must be aither demented or in love, and I'll lay a wager he's goin to propose to some lady. Pen my conscience, I would be happy if he would take a rib unto himself; for then we should see more o' the swate faces of the ladies, which would be a great relaif, after bein obleeged to look at the ugly phiz o' that spalpeen of an editor, that comes daily, nay I may say hourly to the palace, like a buzzard in sarch o' carrion. But they say bis hour is come, and another editor will take his place of more respectability and daeency.

But be that aa it may, Mieler Penned, I must procade to tell ye all about the letter. The Cabinet was called together, and it was a surprisin dale of consultation they had. Mister Amos snaked about like a cat afthcr a mouse, and was as lively as a boilin pratee in the pot. Mister Forsyth, och, the devil's mother, he's an illigant man, is that same? looked the laste bit in the world out o' sorts, though he smiled as swately aa ever, so he did, and Mister drew up the legs o' his breeches at laste an inch, till yese could almost see the calves o' his legs, which I look upon as cxcading iudacent and ungentalc. OUsarvin all this I guessed that they were afther some grate project, and so I kept my eyes on them and aa it happened, afther the thing had been brought to a head, I found one day the letter that I now send you with my compliments.

Its a nate specimcnt of style, Mister Bennett, and will show you what my master is up to. It was to be sure so badly writ that I could make nather head nor tail of it for long time. His lionor, Master Van Buren, the private secretary of his excellency, copied it in fair round hand on the most beautiful, hot press, gilt edge paper he could get, perfumed it with the ottar of roses, tell it smelt like Judy's swate breath, and sent it off by Commodore Rodgcrs, who was to call himself the Admiral of the American Navy. Och, its just a jewel of a thing Mister Ben1 nett. At my I'iilace, II amington, July 1 18i7.

To her Majesty Victoria, Queen of England The reputation your Majesty's groat beauty, and the fame of your other surpassing merits and accomplishments nave reached nty ears, and inspired me with a love and respect fur your Majesty that I never felt before. 1 rejoice that you have sncccedcd to the throne of your aucestora, and that you arc now Queen of Great Britain, as you are Queen of ill hearts. I had the hiyh honor to be introduced to you when 1 was last in England, and was then charmed with your beauty. Since then 1 havo been elected President of the United States, and ruler of one of the greatest and most enlightened nations in the world. I have succeeded an your Majesty is apprised, one of "the greatest and beet men" the sun ever shone upon, by whose mantle I have been enabled to rise to my present rank, and whoso footsteps, though I have pledged myself to follow them, I shall be obliged to dtviate from for the good of my party.

I am, it is true, the leader of the great democratic party of this enlightened country; but your Majesty must not understand that democracy is any thing more here than a cant term which wi use for certain purposes, and that most of us are real and genuine aristocrats. Of this your Majesty may judge by the conduct and deportment of my Minister Plenipotentiary at your higness' court. My family are of very ancient and noble blood, being connected with your first Dutch ancestor, and thi van or head of all the Burens sincc lha flood. My principality, as they would call it in England, is Ktnderhook, where I hsd, in my youth, a most beautiful garden, and 1 amused myself in cultivating cabbages, and rolling them atxrat in a wheelbarrow, my enemies have said that I trundled them to market. No! your Majesty, this isa base calumny.

I never would stoop to disgrace my nable blood so far as to do an act which is only fit for serfs and hinds. My notions have always been highly and purely aristocratic, and hence my carriage and horses are English, my servants all white my furniture of the moat costly and aplendid kind, and on the daya when my predecessors used to have levees I now close my doors on the people, and will not allow the dirty canaille to toil my fine carpets or enter my palace. I mention this to show your Majesty that I am a genuine aristocrat, and not unworthy of your high consideration on account of any vile democratic propensities which your Majeatv might suppose me lobe tainted with. My War Admiral, who is the beater of this, will give your an idea of my intellectual powera, which are calculated, 1 humbly think, to aaaist you in the government of such a people as those you have been born to rule over. John Bull, like brother Jonathan, can be easily duped and humbugged, and I am up to all the trickery neceaaary to do both.

My present elevation is an evidence my talenta in this line. I never have made it a practice to commit myself on any occasion but once, and that was when I was silly enough to write a letter to one Rherrod Williams, which has haunted me ever since, awl which contains opinions I have been obliged to abends as foolish and weak. There is but one occaaieain which I would be willing openly to commit myself, and that is the present to lay my heart and baud at your majeaty'a feet, and to beg your ma-' Kto bestow upon me a favorable consideration, not old nor ugly, though I have raiaed a fine family ef strapping lads, some of whom are tipwarde of feet high, i send your majesty my miniature, which will give you eome notion of my personal beauty, and satisfy you that I atn not like the vile animal, the wicked caricaturists have attempted to I exhibit me. 1 beg to assure your majesty that though small ia person, like Alexander aad Napoleon, I was ru'e; though I like America, I would prefer to leign in England, in conjunction with one so amiable, lovely, and high-born aa your aacred majesty. Fondly hoping ibat your majesty will lend favorable ear to my humble supplication, and prevent a too tender and susceptible heart from bursting with disappointment and grief at a rejection.

I have the honor to remain your majesty's most obsequious and devoted slave, Martin Van Himbco President of the U. S. ofN. A. I mane to write to you, Mister Bennett, from time to time about the a Hairs at the palace, being his excellency's favorite domestic, and having a free range through the house.

I sign myself, which is the name of my cousin from Limerick, Tady O'Flahaoan. Lines to Alartln Van Humbug, Washington. 'TU said, you met a lady in the wood, Not a maiden, young and lair, But one in her widowhood. With grey locks Were and there; And though not yet a grandpapa, You're jaunting with a grandmama. Oli, lie, for thamr, how wrong it is, To ride so early in the The little birds have scarcely ru; Ere you brush the dew drop from the thorn; And tho' you're not a grandpapa, You preference give a grandmama.

How many girls would give their eyes, If you would tliem attention show And yet you heed not all their si ehs, How can you treat the dear onu'a so. And as you're not yet a grandpapa, Why your company give a grandmama i And what is more, she's Hinglt.ih too, And sounds the when she should not. Ob, Matty! Uiis wiil never do, Your interest should not be forgot. And sure you're not a grandpapa, Then, wherefore love this grandmama. And what is worse than all, 'tis said, (A Uiing that must not be forgot), Her Son-in-Law is Irish bred, For heaven's sake forget it not And, as you're not a grandpapa, She will not do.

this grandmama. Now, if it was the Nut Brown Maid," It would not cause so much surprise; Her beauty and her love, 'tis said, Would really he indeed a prize. For she is not1? grandmama, An you're not yet a grandpapa. And she is young as she is And tho' the idows you preftr; If she would to the wood repair, If I wereyou, ride with her; For is not a grandmnma. And you are not a grandpapa.

And she, 'tis said, is Dutch descent? Why sure this is the very thing? Upon the match all hearts are bent, And one, her praises sing; For she is not a grandmama, And you are not a grandpapa. But, Lord, I've lost my senses quite, A hint was all I wish' to give I did not intend, at first to write, More than a line, as I wish to live; And as you're not a grandpapa, Pray do not wed a grandmama. But now, adieu! forget not me, When you for pleasure early ride For, tho' you can no being see, The wood nymph's riding by your side; And laughs, tho' you're no grandpapa, see no one but grandmama. Diana. Court of Sessions, August 14th? Before the Recorder, Aldermen Greenfield and Smith.

The following prisoners were put to the bar, John McGrath, charged with assaulting A. M. C. Smith, police officer. Mr.

Smith deposed, that lie went with another officer to arrest the prisoner. McGrath made a desperate resistance, and kickcd the witness severely. For the defence, Miss Arabella Carroll deposed, that it was a soit of scrimmage between the three, during which they nil fell into a cellar, and it was by the fall that Smith got hurt. Anolhet indictment charged the prisoner with assaulting officer Stanton. The jury found him guilty 011 both Sentenced to a spell at pebble delving for four months.

Charles Williams pleaded guilty to the charge of obtaining money under false pretences. Sentenced to twelve months stone digging. John linker and Zephon Gerald, charged with a robbery at Patchogue, L. on the night of the 7th of Jul; last. Mr.

A. Roc deposed, thnt bis store was broken open on the night in question. He discovered a part of the goods stolen at the Upper Police i ffice, N. Y. Two witnesses, named Human, deposed to their having met the prisoner near to the neighborhood of the robbery.

Police officcr Tompkins deposed to his having arrested the risoner, to Ins having found a portion of the goods stolen at tkeir lodgings. There was another indictment against the prisoners, to which they pleaded guilty. The court then proceeded to pass sentence on the following prisoners, in the manner and for the crimes as under. James Medlar and John Kvans? burglary 3d degree. Sing Sing; the first for three, the second for two years.

Henry Cropsy grand larceny. Sing Sing for two years. John Kennedy? grand larceny. Sing Sing for five years. Alexander Smith? grand laiccny.

Sing Sing for four years. Patrick Fellan, Henry Bremmor and George C. Waldron grand larceny. Nmg Ning; the first five years, the second three years, and the third two years. John Baker and Zephon Gerald grand larceny.

Sing Sing; ihe first for four years, the second for five years. On a second indictment, to which the prisoners oleaded t'liltv, they were severally sentenced to Sing Nmg for the term of five years each. The court then adjourned. Polick, August 14. Kite This term may not be directly understood by all our readers; it means, in a commercial sense, that A.

givltB. his promissory note; B. ditto to A. The two theiroeifouate their paper, anJ the transaction ia termed kite Jiying. A kite with a long tail, (many is as an alderman once observed to us while defending the shin plaster avsiem "wefry valuable? jist as good as specie." With this short digression we will on to our tale.

Captain Henry Monroe, aliat alias Brown, who nas often endeavored to flv himself and failed, hia balloon only on one remarkable occasion ever rising sbove the chimney tops, lately undertook to "fly a kite" in Chatham street. For this purpose he entered the stoie of Mr. Howe, who keeps at No. 90 in that atreet, and requested to view some gold watches. He fixed upon one, value $147, which he wished to purchase, intending, as he informed the watchmaker, to make it a present to sn unele of his, who had by an act of unprecedented 1 made over to the captain landed property to the amount of iSOOO, as a wedding portion.

"I have not the caah," said the captain, ''but here is a note for 8150, endorsed by good men and true, which I suppose will anawer the purpoae just as well." The man of movements looked at the note, pronounced it "all right," delivered -the watch, chain, aeal, went to dinner, felt peckish, and drank an extra over his morning's anon our On presenting the note the where it was made payable, the note was pronounced a forgery. Our watchmaker nearly broke his main spring with vexation, but cooling down, prudently resolved to say nothing, but to procecd to the police and see What notice could (to belter case. Officer Bowyer took the affair in hand, and arreated our kiteflying captain at the Richmond Hill Theatre, where he was almost bursting his sides with laughing at the of Raising the Wind." On examination, Captain Henry Munroe had nothing to committed. Bowyer, who is bit of wae, says the captain will now really make an Mcent, go up? the river to Sing. Cr The BowaavTMBATM opened rich last night.

The house wm crammed from lop to bottom. Min Nelson? the beautiful and splendid Mise Nelson was received with great applause. Great pressare at the Bowery, but no panic. CoaoMEa's iNQUBkTs, Aug. 14th.

On the body of Nicholas MacGmnis who was drowned by falling to a cittern in the yard of tlie house corner of Perry and Factory streets. The guard of the cistern was only ten inches in height. Pitty the patter up of this cistern had not fallen in himself, for thus exposing the lives of others. Verdict, accidentally drowned Another on the body of an unknown man found in th river at the foot of Vesey street, supposed to be a beut 40 years of age. The deceased is a Swiss sr German, and wore the blue frock peculiar, to those people.

Verdict, accidentally drowned. A third on the body of an unknown man found at the foot of Walnut street. Verdict as above. MOSEY NAAK1T. Holiday, Augi 14, 6 P.

1 be confusion increases in the money market? in the exchanges? and in every operation of commerce Every thing again tending The fall Inch nUce in stocks. taring the first Board, continued at the second sitting, and is the street, during the whole day. Ple ls. a i that the disparity iween specie and paper money will gradually, if not rapidly, inert ase. impression has gathered torce and strength, Aram the revelation or the policy of the general i rr "ial policy will diminish the vaue ofall ock.

20 or 30 per cent further before December. By the 1st of October, the amount of suspended bonds, that will become due by the merchants, will have increased The ef the government will have such an effect upon trade and currency a. to destroy at least rwo-tntrds of that amount if not more. In the mean time the situation of the banhs-and particularly of the Safety Fund banns? becomes more and more criticalYesterday the Manhattan Company was In the market, asm purcha-er of specie, to a considerable amount. The Lank is preparing, if its courage does not fail It, to publish a general notice of resumption of specie payments before the meet in" of Congress.

The resumption will take place on their circulation only. To provide for the deposites, Mr. White, the cashier under the advice of the directors, and possibly two memliers of the cabinet? the Hon. Amos Kendall, (premier cuisine,) and the Hon. B.

F. Butler? has entered into negotiations with the depositors that they shall not make any drafts for specie, or give checks on the hank that may be used as such. It is calculated also that the Bank America will be able to resume on the same principles, and at the same time. This bank is perfectly able to do so. The Phenix Baiik has been purchasing small silver change in considerable quantities, which movement is believed io have originated in the same purpose, and istended for the same result.

The intention of the banks, by resuming, is, to show the government that an entire separation from incorporations is not called for by the present crisis in their pfl'airs. If these and other banks should resume, on such qualified principles, they may he able to form a nucleus on which to erect public confi dence, and entirely to prevent the necessity of resorting to the Oouge system" in managing the finances of government If there be any portion of the hanks of this city, capable of resuming specie payments, at any sacrifice, even by expending all their p-ofiu, it is their daty and their policy to step forward at once, and assume that dignified stand. The t'nited States' Bank, notwithstanding all the hopes formed of Its president, and his general character for high talent, has proved inadequate to meet the emergency. We are persuaded? and have been so from the commencement? that the banks of this city, in May last, were urged into the suicidal measure of suspension by their worst enemies, or their ignorant friends. We will explain.

The panic which caused the run in May, 1837, was not greater that which brought on the crisis in July 1825. Similar causes in 1824, and '35, caused a similar stale of the currency to that we have experienced in 1836, and '37. In and '24, the Bank of England had expanded the currency. This caused a general expansion of the foreign and domestic trade. The exchanges turned against England? the bank fouxd in eighteen months diminution of the specie from io A curtailment ensued in England-ami it reacted on this country.

Cotton fell? the exchanges run agalast KenYork? specie began to be partially exported. This caused a run on our banks. What was the consequence Instead of acting under a panic, and in a body, ns the banks did 1P37, they conducted their business, each on its own hook. The panic always causes people to run only particular banks. About a doien banks throughout tlte country were broke to pieces.

This satisfied tlie masses who were operated upon by panic. The good banks stood it The panic sulisided in a few days or weeks. The esport of specie ceased after sending out only $600, 000 and the bank credit was substituted for our foreijjn debt till when we exported $3,000,000 of specie without creating a single flurry in the market When the pnnic began in May last, our banks ught to have followed a similar policy. Each one ought to have stood itout A half doien of the weak hanks might, and ought to, have been shut upand cloned forever? but the very fact of closing a dozen or two nould have stayed tlie clamor, and inn few days the wliole panic would have ceased entirely. Instead ofsuch a bold and decided step, all the banks throughout tlie country, in a moment of terror, suspended in a body, thus throwing themselves nut of the pale of moral sentiment? of stern justice and of unchangeable equity.

The only remedy to restore confidence now is to resume as fast as possible such as can and will. If the good banks do not, the avowed policy of the government will destroy them eniirely. Yesterday throughout the day, several leading financiers were in consultation with the Hon. B. F.

Butler, who leaves town tomorrow iNornihg. The great inquiry was whether it was actually the intention of the government to separate flram tlie banking system aliogetlier Mr. Bui ler replied in substance?" It is. The po'icy of the government is fixed. The State banking system is a broken reed.

There is no reason to believe that individuals may not lie found safer depositories of the public funds than the banks." Tuese opiaions were known in Wnll street at an early haur, and It Is probable that they contributed to depress stocks, and add another pang to the despondency in tlie money market. Corm Monday, Aug. 14th, 6 o'clock, P. M. Tbe speculating gentry in Wirt New York are getting up awful ah nit a lute frost on tlie Mb instant, and if you believe them, famine will be the consequc nee.

Thii is all part of their infamous nciteme of monopolizing the bread Rut the public wide nMakrtn their and artiSros. It wont do to talk about a frott on the -Mb of AoguM destroying all the grain in New York. Bread mutt ami II lx- down If left to tliemaelves, but if interfered with by the western and bankers, the inny be loretoid. People hare enough to nnder from the imposed on them by political and bank monopolists. They pay a heavy tai now to support villainy in high plaees, bat while we bare a voice, they not be denied the of life to pamper a of unprincipled Mrkinf whom they may devonr.

OenOeroen, your cry the frost won't do. The frost of public opinion It destined to kill yen depead upon it. In every other direction nothing oar eye but of fiae crops, ami fiae have been made In Akron, Ohio, to deliver wheat, in large quantities, at tl per bushel. Indian Corn, on the Cooper river and vicinity South Carolina atremely well at last The same grain, In promises 10 be (manually fine. We liere a table of in the principal Ftanr, Wkrmt.

Indian Cent. Cincinnati, Aug. 10, Pittsburgh, 0, fi.39 Tallahsnce, July 24 $1 7Sr.hu. Aug. 4, 7.A0 Pred'ktbargn, 1.07 Winchester, 4, J.W Chicago, 1L Jnly 2W, ino Columbus O.

Aug. 9, 1.00 Galena. Aug. New ttrleans, Aug. 7, Anr.

10, 10.no New York, Aug. 1M LIO table we intend enlarging and keeping before the public eye. At tbe beg nning of each month we shall instate comparisons. attaa Market. August 14th, P.

M. The rue affect of tbe late on tbe manufacturing interests In England may be easily seen by em paring the amount of ret ton taken from the of Great Britain for the first sli months in lh? following lift I A2J.700 310, It might have been supposed that the decrease Would hava lieea greater, bnt we mast wcolleet that it as not till towards the of May the eibct of tbe of the Bank of England was felt In the inanafacturing The low of tbe raw material by tbe ratting off or onr credit aa-i tbe in this country operated as a sort of bounty apoa the They continued to largely by taking advantage of the necessities of the great iaiponer-. A decrea of only .1100 in the home consumption of Great Britain is.

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About New York Daily Herald Archive

Pages Available:
118,722
Years Available:
1836-1920