Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-10-12

"Very true all ours are alike but there is a wide
difference between and others"
He then assured US that theirs were the only true
shnplasters, and all others spurious. But there
was no land in this concern-all specie--how much
Off, we cannot tell. We saw not copper in the con-
Germ. This is called the incorporated Exchange As
socation," and their notes run thus: =
oooo c0oo
Incorporated Exchange Association pro-
mise TO pay Gl.pP, Or bea W twenty five
D. ADAMS Pres. 0
5. GARDNER, Treas.
ocoo ooooo
Mr.. Adams, we fear, will make as melancholy an
exhibition as his roorous namesake, unless he winds
up soon and Mr.. Gardner had better become gar
dener and till the ground than attempt to palm off
his promises to pay" upon the people of this city.
We entered another of these Exchange estab-
shments-No. Nassau street-called we believe
the New York Exchange Association" Here we
saw but one man. and he very busy he said they had
ne small bills by them, although the cards on his
counter said Small bills constantly on hand."-
whether on hearing of Tozers arrest they had pack
ed them up or not, we neither know nor care.
We crossed Broadway to Greenwich, and entered
no 1877 This is called the North River Exchange
Company" and their bills are thus worded -
o North River Exchange Company will pay 0
emand, 10 Tom Jones, or bearer, TWEEN
ty-fve cents, in current bank bills
o T. Hunt, sec'y.
eeooo c 9 9 . c c
These signatures look like those Of common oafers,
and the miserable shanty where they keep their office
looks like the head quarters of loafer. We would
not give ten dollars Tor all we saw in the establish
ment. Represented of their bills, and asked if
they redeemed them; young person having the APP
pearance of one Of the rough scru that after
engines, and knock respectable people down on our
SIDE walks, upon the plea that they serving the
public, such looking fellow told that they char
ged sir per cent to re5cem thcm-their own issues
made payable there. We waited TO hear no more,
satisfied we previously of the corrupt nature
of the entire system. Mr.. Archy, or Arch is no
doubt arch enough to trick some into taking his
trash, but we expect that if we wanted TO find Mr. |
Hunt the treasurer, to redeem the same, we should
have to hunt long time before we found HIM, and TO
wait long time before he hunted up the specie for
the same.
We also met with another shnplaster issued by the
"American Exchange Company" whe keep their
Office at Al Wall street. Here is a copyofit.
oeeoee eeee eooeeeee
o Certificate of deposite.
There has been deposited with the Ame-
rioap E1ehangs onpany, fly cents which
will be returned in current bank bils Of the
slate OF New York, on surrender OF this GER
eaese o . c eeeeeoeS
This is on such wretched paper, and is SO torn that
the only portion Of he signatures we can decypher
IS the word "Nlck!" A most ominous signature
fnr we do verify believe that odd Nick" himself has
had hand in signing, as well issuing many, or
most of the miserable attempts TO make money.
We have also certificate Of deposit issued by John
c. Morrison, but as that is individual concern, we
leave him and his issues until we to treat of in
divdual issues Of shinplas,ers The above comprise
all the companies that enabled to inspect in
one mornings walk.
To the public generally, we repeat what We have
so often pressed upon their atention-take no shin
plasters no matter BY whom issued-there would be
plenty OF specie in circulation if shinpasters were all
put into the fire. Their circulation only benefits
few TO the injury Of the many. We do not know
solitary shinplaster association whom would trust
with the price of the Herald but we do know that
we have seen the notes Of each and every Of
them refused at many Of the most respectable places
Of trade in Town.
Do not be deceived because they seem to pass with
facility at present, in porter houses; the winding
up Of the wheels Of the whole system is at hand-the
day Of recko ning running rapidly round-twill come
on them and you "like thief in the night" and the
crash and CONSERVATION will exceed conception.
"Then the reckoning when the chea, is DER,
The dreadful reckoning, and men smile no more"
THE SoLvsSr LIST seems to annoy very much all
the Wall stree, prints. Major Noah, the other day,
had the following:
Nor BROKE" What am to dor said merchant" the
Herald has list ~ houses which solvent swell,
solvent" "very hut will people think
the contrary, seeing that list " They will thnk
thing about it. The Herald has OF is own to turn
honest penny"
"Tsrn an honest pennyP Pray, who turned the
honest penny, during the five years that associ
atsd with you, Maior-wriiing and laboring night
and day, on articles which you erected your liter
airy character Look at the Evening Star during the
last three years. Has il had any Of the point,
search, wit and fearessness which the Enquirer, or
the Courier & Enquirer, from 1927 up to 1892, once
had The editorial regulations Of both Webb and