Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-08-10
[Fom our Correspondent


0kAR DkNNnTr.-l now perform my promise Al
present cannot tell you much Wait until am
little settled. Az far American affairs 60 in this
country, oil is lost The States have received bitter
blow IN credit and character through the means
OF parcel of vile speculators-men whom neither
honor nor honesty could restraints whose grasp
ing minds have dared to the utmost for the object of
gain-who talk of justice, and good will to their neigh
bours al church; out of it, all their doings but tend
PROSTATE their kindred-to heap misery and wretch
edness on whole families-to crush the industrious
middle man by attempting vast and daring specula-
tons, unheard of even in modern times, and 80 far
beyond their means TO assume the shape and effect
of plumber of less respectable kind than the bandt
of Spain or Italy!
Wall street people and such little clique may plaster
II up as they please, TO suit their honest views and
habits, but such it is regarded in Europe by all
spectacle merchants and traders, and, there cannot
be question, by such persons in America also.
What is the effect Of their evil conduct? Why, that
our country is Marked and that the really respecta-
BILE small merchant who has had nothing to do in
causing this splendid ruin get credit in
Europe for few thousand dollars SO PROSTATE is the
credit OF America at this moment. What think We Of
this We Wall street cliques?
Ye WIS, WIS., W.'s-ys great B.'s and lesser B. 8 ]!
here's pretty tarnation pass you've brought US TO
The great United States of America the great Re-
public without debt! without war! without pest-
ence! without famine! In the midst Of prosperity,
brought TO the verge of ruin! and by whom A par
eel Of gambling merchandise half: sighted military
President.
IT'S said, women make their sons men at SIXTEEN
and boys all the rest of their lives so we want to
make country old at sixty, and keep young ever
after! learn to know yourselves
You'll see the drift Of this, dear Bennett in the
silly spectators of Wall street, calculating that be-
cause America has been fooled into paper circula
ton It must follow in England. Fools! for that very
reason IL would be unnecessary in England Just the
contrary position ought America TO have been in.
With common prudence, with common caution, with
every blessing under heaven to make a country hap
py, is our fine country brought to ruin ]!
Pride vanity, riches all the Titles OF life, have crept
into America-the shadows have taken the place Of
substance.
"Lor pa, how Jemima plays on the piano." Yes,
and Jemima had better mend stockings, and make
pie it may prevent her pa and her brother cheating
in Wall street.
Bennett, we must humble ourscves-a new era
must be commemorative motto "know yourself"
How csolly the cheats work to rub of ten per
cent of their debts by paying in paper is much laugh
ed at here. What moral people! poor Jemima does
not see all this-'tis not part of her gamut.
He who cheats the poor shall --. What a
trick first to create debts-gambhng debts-then
find they cannot be paid-then call upon the peo
pie who have been cheated by high prices SO long, to
take the gamblers paper, in all the concerns of life
and go to church, and call thi. honest
Why this paper, if continued will fall to ninety per
cent discount! The rogues may well brawl for this
they then pay-what they call paying-pay bit of
paper in New York, Of Thousand dollars and if
taken to Boston worth little or nothing.
Il sold you horse, We rascal, for one hundred
dollars, and you pay me bit Of paper worth only
fifty -"
Sir, debts contracted in silver, must be paid in
slverreduce foreign trade to one tenth of what it
now is-who wants more2
Cultivate the so-lve by labor-be frugal-study
Frankn-have him in your hearts, not merely on your
lips. You teach them all this, Bennett, but they
heed ye not Your papers are sought after here
they contain good moral truths such as put the Wall
street and W crews to shame
tell We what, Bennett, we in the States know but
little of Engand-the wheels are mana ged here with
consummae skill. With all her debts, taxes, mobiles
how well she moves on. As to gold, silver, and the
like, here's plenty-only think of the bank loaning
Brown, of Liverpool, two million dollars at once ! !
and will again next month, much, some say three
millions-if security be found If the chest of
poor old Brown of Baltimore could rise and see what
pretty mess thags are brough, to!
Well, Bennett, stick you to the specie payments.
All good luck to you. Down with the paper machines
paper banks-paper merchants.
Jackson, indeed, was right in keeping down large
evcrgrown institutions he had neither the talent
or the practical knowledge to work his ends May
Congress in its wisdom deal out to the guilty shame
and bring them down TO their proper station of mid
die men-help the weak hearted and honest indus
Iious, by breaking up all the mere paper banks-go-
those left with rod Of iron Let them know tits
for the public benefit they are brought into highland
for the public chiefly must they act. Let no bank
deal in foreign exchanges, for private merchant
can't compete with them-One head bank-no pets.
Very truly, dear Bennett, yours, &c.
JERSEY CITy.-We know not which most to ad-
mire in Jersey City, Durans Cabinet of Curiosities,
the pyrotechnic displays that CLEAN the mighty
Hudson, the delectable mint slsps that are con-
ccc,cd by Mrs. Barbon, in Washington street. We
do not care so much for the julsps-but the pretty
tl,aros k~~- l. -