The Sun.
London, England, 1837-06-13 00:00:00

THE NEW NOVEL.

This day was published, in 2 volt. post svo.,
AUNT DOROTHT'S TALE;
Or, GERALDINE MORTON.

" There is a freshness and talent about this production which has
exceedingly captivated our fancy. A fine vein of genuine feeling
pervades the whole work. The descriptions, too, are charmingly
natural."—Literary Gazette.
Richard Bentley, New Burlington-street.

MR. WASHINGTON IRVING'S NEW WORK.
This day was published, in 3 ♦ols. post Svo.,
ADVENTURES of CAPT. BONNEVILLE ;
Or, SCENES BEYOND
THE ROCKY MOUNTAINS OF THE FAR WEST.
By WASHINGTON IRVING, Esq.,
Author of " The Sketch Book," " The Alhambra," " Astoria," Sze.
" Full of romance ; it is extremely picturesque and exciting."—
Atlas.
" Unsurpassed in deep interest in the wildest creations of fancy.
A snore stirringly interesting work has not issued from the press
for many months."—Sun.
Richard Bentley, Now Burlington-street.

NEW WORK by the AUTHOR of "THE PILOT," &c.
This day was published, in 3 vols. post Bri.,
ENG L AN D; with SKETCHES of
SOCIETY in the METROPOLIS.
By J. FENIMORE COOPER, Esq.,
Author of " The Pilob," " The Spy," " Excursions in Switzer-
land," &e.
" These volumes are unquestionably the most searching and
thoughtful of any which have been published by an American on
England.. Mr. Cooper's time and opportunities were greater than
any previous writer's, whether we regard the length of his sojourn,
or the society in which he mixed, and the men of mark—as Ro-
gers, Scott, Sir James Mackintosh, Earl Grey, Lord Holland,
and others—with whom he associated."—Spectator.
Richard Bentley, New Burlington-street,
Publisher in Ordinary to his Majesty.

UNCLE PHILIP'S CONVERSATIONS, NEW EDITION.
In One Pocket Volume, uniform with Peter Parley's Works,
embellished with 100 Cuts, price 4s. 6d., fancy boards,
UNCLE PHILIP'S CONVERSATIONS with
CHILDREN ABOUT THE TOOLS AND TRADES
AMONG INFERIOR ANIMALS. The Third Edition, with
very great Additions and Improvements.
Also, the Third Edition of UNCLE PHILIP'S CONVER-
SATIONS with YOUNG PEOPLE about the WHALE
FISHERY and the POLAR REGIONS, embellished with
Seventy Engravings, price only 4s. 6(1., fancy boards.
London : Printed for Thomas Tegg and Son, 73, Cheapside ;
and may be procured, by order, of every Bookseller in the Kingdom.

Just publishd, theth Editi
NEW POPULAR WORK on DIS2OEASES of, the GENERA-
TIVE SYSTEM, with Additional Cases. Price 4s.
AN HISTORICAL and PRACTICAL
TREATISE on SYPHILIS, and other Diseases of the
Urethra and Generative System. These subjects are illustrated by
a variety of highly interesting cases. To which are added, Con-
cluding Observations on the Nature and Treatment of Nervous,
General, and Local Debility, for the Cure of which the Author
has adopted a plan of treatment which, during his experience of
upwards of thirty years' extensive practice, has invariably proved
successful.
By C. B. COURTENAY, M.D., 42, Great Marlborough-street.
Printed for the Author, and sold by Simpkin and Marshall, Sta-
tioners'-court ; Onwhyn, Catherine-street, Strand ;W. Marsh,
145, Oxford-street ;J. Chappell, 9EI, Royal Exchange ; M'Phun,
Trongatea,ndGblaysgalolwr3;ootleelslseris...
inSutothwesrlaanndd,coCuanittroyn.-street, Edin-
burgh;"
Amongst the numerous medical and surgical works of the day,
we consider that written by Dr. Courtenay on Syphilis and other
frequently fatal complaints, to be worthy of the highest encomiums,
and justly deserving the serious attention of all those persons who
may unfortunately happen to be allicted with the maladies which
form the subject of this very interesting publication. The lumi-
nous views taken of these diseases, together with the important
warnings against excesses, entitle this work to great praise; and
we may add, as a further recommendation, that it is written with
much delicacy and morality."--Inspector and Literary Review.

S HAKSPEARIANA-l'H.
LUMINOUS INCANTATION.

IST WITA H.—Now in the caldron items throw,
Combined, that shall effulgent grow;
2D WITCH.—Like light from ebon shade unfurl'd
To splendidly illume the w..rld ;
3D Wiron.—llrdecting, as a mirror true,
Whatever Irt or Nature drew.
4TH WITCH.--Now rising from the caldron, lo!
Of aerial forms a mighty flow!
CHORUS OF WITCHES.
Hail ! spirits, who with pow'rs sublime,
Appear to spread o'er ev'ry clime,
I'h • worth, superlatively grand,
Of Warren's Blacking, 30, Strand.

Last night an inquest was held in the Chapel of St.
Martin's workhouse, before Mr. Higgs and a respectable jury,
on view of the body of Mrs. Ann Davidson, aged 43, whose
death was occasioned by excessive drinking. Verdict—" Died
from the excessive use of ardent spirits."
Yesterday afternoon an inquest was held before Mr.
Higgs, on the body of Mr. Thomas Scott, aged 52, a watch-
maker, at his late residence, No. 20, Salisbury-street, Strand,
who died from apoplexy, brought on by excessive intem-
perance. Verdict—" Died from apoplexy, brought on by ex-
cessive drinking." .

We learn from good authority, that the health of
the patient on whom Professor Lizars operated for subclavian
aneurism, has never had an unfavouble symptom since the ope-
ration, and has as yet far exceeded the most sanguine expecta-
tions.—Scotsman.

Gold and silver are no more, or nearly so ; and bits of
paper of all possible amounts, from five cents. (twopence-
halfpenny English), up to several dollars each note, have
taken their place.
On Tuesday last a small institution in New York, called
the Dry Dock Bank, could not meet the demands made
upon it for specie, not in consequence of insolvency, but
discounting beyond their means. They applied to the other
banks to sustain them, which not being immediateiy done,
they closed their doors. The other Banks then immedi-
ately paid in specie all the Dry Dock notes that were out.
But the alarm had spread—panic became general—saute
qui pent was the word—and a general rush for specie was
made simultaneously upon all the banks in New York.
There was no standing against so overwhelming a torrent.
Great excitement prevailed, and the streets were crowded,
but no acts of riot or violence occurred.

Great distress being anticipated in this city, in conse-
quence of the work-people requiring money to go to market
with on Saturday night, the City Councils met on Friday
evening, and passed an ordinance, authorising the issue of
certificates or script, to the amount of 130,000 dollars, in
notes, from ten cents. (fivepence English) and upwards.
That amount will be a mere drop in a bucket : they will
probably extend it to a million, Accept a faithful copy—
(10 cents.) LOAN OF MAY 11, 1837. (10 cents.)
This is to certify that there is due to the bearer, from the
Mayor, Aldermen, and Citizens of Philadelphia, the sum of
ten cents., bearing interest at the rate of one per cent. per
annum, payable May 12, 183 S, and being part of a loan of
130,000 dollars, authorised by an ordinance passed May 11,
1837.

WM. STEVENSON, Assistant City Treasurer.

Redeemable May 12, 1838.
The above are taken with avidity by all but country
people, who like nothing but hard money. The Pennsyl-
vania and Jersey farmers, particularly in the Jersey mar-
ket, vow they will not receive paper upon any, terms—but
they will be obliged. to do so.
It is against the laws of Pennsylvania to issue bank
notes rvithout an express charter for the purpose. The
laws, however, are invaded by the incorporated companies,
who follow the example of the City Corporation, and issue
them in the form of script, certificates, or receipts.
The city is becoming inundated with such paper, and
the people receive it with confidence ; in fact, nothing can
be safer.

In many cases, butchers and others have is ;tied them,
payable in meat, &c., by way of changing the five dollar
notes of their customers.

Specie in this city is worth from five to ten per cent. more
than paper. At New York it is worth a still higher pre-
mium.

I cannot pronounce a single bank insolvent as regards
property, but only short as regards specie. They have most
of them immense surpluses. In New York this is the
case ; And in Philadelphia they have all their specie in their
vaults, and the banking institutions are among the richest
in the Union. Boston and Baltimore also stand high in
public estimation.
General Jackson's grand experiment of a specie currency
has been fairly tried, and the results are bankruptcy, ruin,
and commercial degradation. It began with the veto that
destroyed the United States Bank in 1834 ; and since the
national charter of that institution expired in 1836, there
has been more paper currency than ever. The specie cir-
cular, too, has diverted most of the floating gold and silver
from their regular channels into the government deposit
banks ; and thus, by a fatal error in finance, the commerce
of the country has been ruined. Remember Ido not
for a moment wish to conceal the greatest cause of all
in producing the panic, viz., overtrading ! And this the
American merchants have certainly carried on, with the ex-
ception of some few.old houses, to an unwarrantable extent.
The very system of exchanges that bas been introduced is
extortionate. By exchanges I mean that a maa taking a
note in one city cannot pass it in another, but must pay a
discount for current money to an exchange-broker.
This was not so when the United States Bank was in
existence its notes would pass everywhere.
I now come to a fact of especial interest to Great Britain.
It is the state of commerce and balance of trade between
the two countries. This has been variously stated in differ-
ent publications. Some say that the merchants of America
owe the merchants of Great Britain sixty millions of dol-
lars. Others believe that the debt does not exceed forty.
I take the mean, and suppose the amount to be fifty mil-
lions. Without beating about the bush, I will at once state
my conviction that the major part of that large sum will
be lost ! There is no mistake in this branch of the business.
You may as well calculate on the worst, for only those
transactions that have been carried on with old, prudent,
and substantial houses will ever be realised at maturity.
Such are safe.