Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-11-23
N q Y M a lt x n II.
Wednesday. Nov. Z2-6 P.N

Very little business was done today at the Stock Exchange,
nor any material variation experienced in the prices OF stocks.
After the transaction Of business, and before the Adjournment
OF the Board, a motion WIS made by a member for the APP
pointment ola committee, whose duty il should be to select a
colleague to pronouac. a short speech in celebration Of the
great whig victory. Five gentlemen were app inted, who, on
the pot selected one Of the most respectable meElbers then
present to pronounce il irstanter.
After the calling of the stock list was finished, a call was
made for the speech. The gentleman selected Immediately
rose from his sea; at the Board, and cast his eyes around,
glancia g from president to secretary, from the secretary to the
mcmbers round the green table. He then opened his mouth,
gradually and slowly, raising his right hand at the same time
10 an elevation forming an angle Of IS degrees with the table.
"Come, go on,"-" start your steam move along" spoke
several of the members with great 20 d hunior.
"Order,' cried the President. "Beausard you are fined a
Snooks a ~donar-Ki.g David a dolar-Prophet
Samuel a dollar New Jerusalem a dellar-Long Tom a dol
ar-Col Crack a dollar-Once-twice a dolar-in all SO, for
the widows and orphans. Orator, now 90 on"
The orator the began thus =" Tae dis 'inguished honor
you have done me, in the selection Just made 10 deliver a few
casual remarks on the event which this city aud 5 ate are
nov celebrating, will be remembered as long as stocks are
called. or dtferences paid, or cornering can be carried on. l
will do the best caa, and trust TO your magnsnimity to make
mp the deficiency. ! could have wished, in aeed, that my friend
Squire Oncetwice-thrice had been selected. He has had
more experience in pulpit eloqu ace than l have had, and can
WELD the malet of oratsry with great skill. Nimporte. This
is truly a great day. IL is snow eight years since ignorance and
presum ption began to NEEDLE with what they dill not under
stand. But ill this day, and ~thishour, we have not been blessed
with a ray Of light 10 irradiate the path Of gosd sense and
general industry -"
Here a loccfocs member whispered 10 his neighbour" Ne
light yet-very foggy cay"
"Who's that interru StiHg he orator you Slam Bang-I fine
you a doliar-Go on Mr.. Orator"
The speaker continued-"Yes gentlemen, the policy Of the
general government for several years past, has been most
distruct We the real interes ts If this sountry-and particularly
of This Board, Of any system Of measures thnt ever was attempt.
ed before in a free land. Instead Of nursing and strengthening
abe national weakness of a convertible currency, our rulers
have actually done every thing that could be calculated to
DESTROY ito subvert ito break 1, I'M. In other Countries
where liberty IS less a production Of nature, a Nonarch's head
woald atone for public distress and violent Illegal measures.
Here, we only dsrossess him Of his bed and Notwithstanding
one TO loaf- at The Hermitage, and the other to trusdle cabbages
again at Undertook. We ought, Indeed, have chartered a
vessel and sent both to the deserts Of Arabia-but there IS a
humanity pervadirg the hearts of the American people, Of
which our benevolence, gentlemen, as a board, last week, to the
public charities Of this CITY, isl signal and honorable example
In the distribution Of that charity, there was one thing omit.
ted. We ought to have appropriated $50 at least, for the pur.
chase of a substantial wheel barrow TO present Mr.. Van Buren,,
on his retirement from his present post Of difficulty TO enjoy
the otum cum aigntaie at Undertook. Gentlemen, you are
astonishsd at the sudden revolution which has taken place in
this state. ! am not astonshed at all. ] felt IL In my bones
about a year ago. In the fall OF 1886, a friend called uponme,
asking what will you advise me TO do Ibave $4,000 spare
money. | want to invest in a safe security-whatd do yen advise
me TO der l replied, Il will give you my advice but you
wont take it. Ne smiled and said, let me hear whatit is p
i REPLIED get a little keg-ni il with s~pecie-put your $40,
0oo away in that shape in a safe place. Don't move tack or
shetland next spriRg IL it don't yield a better profit than
any NOcks, then you may nave my he"u % hiaAt thicnch
broth of My friend laughed, shook his head and said
You are crazy!' mo ST. said |, Il only speak the words
of truth and soberness-asd you will see 1t realized before ven
are one year older Gentlemen, we have seen these views
realized. The war Of a foolish governmenton a good currency
broke il down-the destruction OF the currency reached mems
pocke,s-the way from the poke, to tie head is very ,h.r,-
and hence We can lra-e the causes Of the great and happy re-
volu,ion we now celebrate. Locefocoism is gone FOR ever-no
offence to Slam, Bang h Co. 1t has received lis death byit
own madness and folly. ! have had a little locofocoism in my
life, but never enough TO do me s'y harn. This revolution
has not been caused by newspspers-or politicians-or orators
or speeches-or Congresamen-or any Of that tribe o. non
producers. Mr.. Van Buren, Put his hands Illegally into the
pockets OF the people, ana the people have taken out his bands
and gives him a slap 10 the face, which has caused a black eye
that Ell carry 10 the grave. Times m,y be tight al present
snles ~ and far betwcen-but keer up good cheer, we'll have
old times again next spring. Every thing will get right, and
The latter days ofthis honorable Board OF Brokers will be far
more glorious than the former. ! have doSe-G bless
you all-and rsmsmber the poor"
With this the orator sat down. The speech had so enchant-
ed the whole Board, that a perfect slense ensued for a few Sc
combs after hi, voice had ceased. At last the thunder came. The
spplause was deafening. IL was much Louder than the grand
salute ERE I 10 the morning. The President cried "order,"
aorder,r "ordsr.- II was cf 70 use. They Numbered forth
iii they were perfectly tired. Afer this business the Board
broke up, and from IL till 5 o'clock, groups Of brokers were
seen in the street, talking over the speesh, ans wondering that
they never before had discovered sur h ingenuity and sloq ,ence
in their respected colleague. The proof Of the pudding i
always in The eating.
TemorroS active business will again he resumed, and we
dali continue as usual, our analyses of the money market, for
the affirmation OF this excellent community, and particularly
OF the magnificent Board Of Brokers.
Sales at the stock Il xchango.