Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-05-24

meeting, will, we suppose, be published When t ths
public Will have an opportunity to Judge Of their rela
The meeting was addressed bv the Chairman M
thompson, by Mr.. Penniman, r.. NJ Lee and others.
The meeting were assured in positive terms by the lat
ter speaker that the whole cause of all the embarrass
msnt and distress under which the community e. now
suffering IS to be attributed solely to excessive bank
ing capital and bank issues This sentiment was
warmly approved by portion Of the meeting
AL Twelve, precisely, the meeting adjourned The
good order and quieiness which we had occasion TO
applaud al the first meeting were fully sustained yes
lerday although the resolutions bear quite different
aspec', one or two OF them in partcnlar-U. y. Gds.
Governor Ritner Of Pennsylvania, has refused to
call the legislature together. He says :
have come to the conclusion that it is inexpedisnt
ior the present TO cenvoke the legislature:
because the evils under which the good people of
tnls commonwealth labor have not been produced by
the action OF the government of this state but main-
ly by the unnecessary and Unauthorized interference
OF the general government with the currency and
monied transactions of the country and therefore
me constituted authorities of Pennsylvania cannot
now, by any active measures, arrest, materially
mitigate the misfortune relief from which must come
from the same source with the injury:
Because all the measures which have been propo-
sed 10 be adopted by the state Legislature meet the
emergency, would, in my opinion, rather increase than
| diminish the real difficulties of our condition.
Authority TO the banks to Issue notes Of denomina-
tons less than fire doiisrs would be the infection of
great permanent evil, to alleviate temporary en-
barrassment and would only be the substitution Of
the lower denominations Of circulating medium for
the higher denominations of the same without with
drawing any of the latter from circulation, giving
to the one any stronger claims public confidence
than the other, thereby increasing the aggregate
| amount OF bank notes without increasing the
amount OF the specie or property represented and thus
inevitably deprecating the actual value of the existing
| representative currency.
The passage eta lao to sare the forfeiture cfhhe
| charters, TO which the banks will become subject, by
f1nY,n
| increase and render more lasting the mischief The
instant result would in all probability be vast and
rulnous increase Of the bank note crculaton-a cor
respondent dmnution of its real valuc-a dangerous
facility OF obtaining bank oans-a sudden rise in the
neminal value Of all kinds of property further in
crease Of the mad spirit ofspeculatonand finally the
mourning of real amount of debt which must AFTER
wards be paid in hard money dollar er dollar TO the
ruin of thousands
passage Of a lac for the stay Of erecution Il.
case debt besides aggravating the evils just named
obligations OF law and for punctuaty in their deal
ings, and would bcget a familiarity with the depend
ence of Indebtedness, wholly inconsistent with the
| character of Pennsylvania citizens.
For these reasons deem it nexpedent for the pre-
| sent to convene the legislature.
SPECIAL SEssIoSs-Before the Recorder, Alderman
Whitehead and Randall Im
John Erskin was convicted of stabbing Mr. Will
liam Silk in the thigh with Bowie knife. The
afiray took place at the tavern of the plaintiff Both
parties were at the time apparently well cut-Silk
with the knife, and Erskn with quour.' The court
considering that Six could never be ,rorsted SEN
fenced Erskin TO pay fine of six cents which he
did, and was discharged.
william Graham convicted of assaultinQ witch
man, was sentenced to six months imprisonment at
Blackwells Island.
John Myers convicted Of petty larceny was sem
fenced to one month imprisonment ~ tAs sAsHs
| place ~t
William Johnson and Daniel Jarvis, convicted Of
stealing meat from Caharine Market, sentenced
| TO six months imprisonment each the same place
Thomas Laury and james Miller convicted of
stealing pocket-book containing SIS received like
| sentence. +. 1H
John McGay, convicted of stealing coat was
| sentenced to three months imprisonment rs above.
| Jerry McCarty and james McCar,y, charged with
assault and battery, were acquitted.
Bill Thompson, convicted Of petit larceny, was
sentenced to three months imprisonment ut Black
Six prisoners were discharged BY proclamation, af.
| ter which the court adjourned.
POLICE, May 23rd.-An Ear .Sore.-Onc Thomas
Hanes was complained Of by Mr. James Shaw, No
446 Water at. for an assault and biting of piece Of
his ear Mr.. shaw produced the severed part of his
mutlated organ and the Magistrate issued a war
rant Tor the apprehension Of Hames, who, when he
| there" We should shy this was tnnamount to Ss.
| ricuiar confession.
The Counterfsiters.-- yesterday report of the
apprehension OF the counerfeiiers, we should have
by officer WEIGH who arrested Miss Thompson, and
which was followed up by Gilbert Hays who ar.
rested Thayer We are "a day after the fair" il.
making the services of these two vigIani officers
known, not by ouI own fault, but by their over eau
ton. We hope this will prove to them tina, although
their ~ wisdom in silence" there is also sometimes
much usefulness in speaking. The days Of divina
ton are done up; we make not the least pretensons
| toit
| Chegue rnafed.-A warrant was Yesterday Issued
from the Police Office against one Mr.. C. G. Brown
who formerly lived at the corner of Oliver and Wa.
ter SITS, where ne was burnt oat, being nell insured
He now resides at No. 439 Washington st., which
he is fitting up as tavern The complaint against
! MIN was made by Messrs. Humber x Lent elass
dealers, No. 226 Greenwich ST., or an alleged froud
upon them in VI ering cheque for sis AZ els drawn
by Brown IN Their favor on the Butchers and Dro.
vors Bank Of city, in payment Of bill for glass
tc that amount which upon presentation proved TO be
worthless, Mr.. &. G.. Brown never having had cop
per within the bnnk doors. This deposition was
made by Mr. William Gardner The clerk to Humbert
" Lent and also sworn 10 by Mr. Hcmbcrt himself
| Mr.. Gardner fu thermose stated that Brown when
he drew the cheque asked permission TO date il for
ward, having he said number OF carpenters to pay
1 the next tay. This pcrI SION was prant0d. I,ut