Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1836-01-05

said that the loss Sustained BY French commerce is
immense-but Ne IL hss fallen entirely ppon rich
houses, their capital alone will spiler, Dot their
credit. We do not kaow of one which will not
s'e able TO sustain the misfortune without enter.
tanning any spprehcns,ons for the fuiurc."
The measures taken by our Corporation and
ctisoOs for tie relief of the sufferers snd the
maintenance Of the credit snd business Of the
CITY, have given general Satisfaction. A city
stock Of SIX millions Is TO be issued and q money
loaned to the Insurance Companies on their bonds
and mortgages. to enable them 10 pay their losses
without calling their debtors for so large an
amount. This, with the two millions advanced
by the United States Bank, and the relief conf
deu,ly anticipated from the General Government.
will restore confidence and life, and enable the
merchants to open their Spring business with their
usual vigor.
AS soon ss the news Of he calamity reached
Philadelphia, n meeting Of The Directors of the
Bank of the United States was held, and 1t was
resolved that the utmost possible assistance should
be rendered. The speedy expiration of i,s charter
did not permit that the amount of this aid should
be so considerable as 1t would otherwise have been.
President Bldde reached this city the next morn
ing, and immediately profcred to the Corporation
or TO the Banks loan for the relief of the suffer
ers. In reply TO this, it was suggested that some
Of the Banks had already extended thei. loans as
far as permitted by their. charters shat additional
capital was required rather than additional fdcili-
tlee--ond loan to the Insurance Companies
would be far beneficial TO the public. Mr.
Didde promptly responded by nstructng the Di-
rcc:ors Of the Branch Bank to loan the several
Insurance Companies the sum 81 900 900, receiv-
ing their bonds aud mortgages as security. Every
forbearance and accommodation on the part of the
Bank was further assured. The Committee in be-.
half of the City Banks have unanimously passed q
vote Of thanks TO Mr.. Biddle.
Grand Committee of one hundred an twenty.
five, appointed at a General meeting of citizens,
IN conjunction with many auxiliary and sub. commit.
tees, is still actively engaged in devisng md exc
cutting whatever measures may be thought advsa-
bic at this crisis. In fine, without going into the
details of proceedings, may safely assure our
distant friends that nothing has been neglected
which may have tendency TO mitigate the evil
that has suddenly befallen us.
The flames of the confagraton were seen at
the Highlands, so miles distant, and the ilumlna-
ton was distinctly visible at New Haven Conn.
"a miles distsnt. AT Hell gate, miles the light
su.!iccd to read without difficulty.
Many anecdotes no told of the sudden reverses
Of fortune occasoned by this catastrophe. -
The following we have not seen in print A veal
thy merchant Of this city, it is said was married
on "Wednesday evening; and WINS called away d..
rectly upon the conclusion Of the ceremony by the
intelligence that his store was in danger from the
fire. He went out, struggled with the destroyer
through the night, saw his property consumed,
and in the morning returned TO his wife bank
rupt.