True American. [volume] (New Orleans [La.]) 1835-18??, 1837-04-19

roots OF the canker-woFm will yield,to its power
full attacks. A steady and unhnching application
will cfeetunlly destroy the monster, CREDIT. an
the country will, in few short years, Phpnix lik G
rise 'rumphan'ly from the ashes of its present de
structon. The operation will be slow and painful
but is 1t not better that hundred Romans shout
perish than the whole nation? "
Let every citizen in every circte. of life bcuil
hencefur'h to capital for credit to dsceunte
nance the latter by a refusal to grant it and a de
termination never to ask i,-!et him begin now
and we shall pass through the present revolution
not without being scathed, we grant you; but a.
men relying upon our true resources and chcrp;es
-s--=s-------..- So
.Uned States Bank Shares closed at New Work
fuesdas, the 18th April, at I'D; Delaware an,
Hudson at 95; Morris Canal at 49, Illinois Bank
at SO; American Life and Trust at 81 l-2; Fu.tor
Bank at 10.
In the late of De Ros VS.. Cumming, som c
startling facts were elected relative to the state Of
gambling in the metropolis, among the high orders
OF society They show a moral depravity that beg
CARS descript The whole proceedings of the
Kings Bench upon the trial must be read to un.
derstand the subject in its real light. They are
:
18th of February, and are we'll worthy the a,ten.
'oh OF every citizen at this moment, when New
oF'ans Is threatened to he ovcrrun by the iiendsh
gentry The result OF this trial will be highly be-
nchclal Ia the morals of the higher classes in Lon
don. Already have the subscribers to Brook :
Withdrawn their -""iiies, and strong examples have
been set in certain high quarters, towards diseon-
tlnuing this worst Of vices, and rendering it
| fashionable. That the design will succeed, there
cannot be any DOUBT. when we recoeet how pow
erful are the influences Of rank upon social order
in Great Britain.
If our own citizens would prosecute the same
| design with untring zeal, they could render gam
Bling the most odious of all pursuits Nothing
operates so powerfully upon the vicious propensi-
ties of our nature, public opinion. Were public
opinion decidedly expressed In New Orleans a.
ganst gambling, the courts of justice would take
courage, and not dare to look with lcnient eve
upon the pursuers of this occupa ton. Let there
be public meetings called in all parts of the NUM-
cpnlity-let resolutions condemning the vice, be
p"ssed-let the Judges of courts be rebukt
for errng on the side of clemency towards the
protested gambler-let them be cxhorted to
sustain the ma esty OF the law-let them be told
TO do their duty iearessly, as the community will
protect them-let committees of vigilance be
formed in >caeh warl-let patrols be appointed
From among the young and robust OF our youth
let secret police be at once established to hunt
out these hell hounds, and drag them from their
l"stnessos--let the municipality employ the ablost
counsel to prosecute these pests of soccty-lct
cry citizen who loves his municipality, who has
the least interest Units welfare, who is friend to
social order, peace and the public safety, com
forward and lend his aid to the uttermost Let
the lukcwarm and those who refuse to assist be
numbered with the blackIess their abe,tors or
enemies Of the public interest. The circumstan-
ces of the times demand strong measures. Our
courts are utterly inadequate, under their present
organiz ,ton, to the punishment of crime. Let
the people of the municipality thHs act, and that
too promptly, and in two months not trace Of the
gamblers, loaiers ,scamps, vagran;s and incendin
res who threaten to make New Orleans
den of thieves, will be left. Again we urge on the
citizens TO call public meetings. The danger is
imminent and must be put down.
Reporters are admitted into all public bodies 10
give an account OF their proceedings, but !. IS
required Of them to state The facts as they occur
When they guilty oil perverting and fulsiiy-
ing them, when they report what does not take
place, they excluded from the privilege of
special seats. Every body, whether legislative or
judicial, owes this protection to itself.
The money market in New Y ork on the l1lh
inst. was still in a deplorable state. Some relief
is experienced from some of the southern and
western merchants arriving with money in Their
pockets pay their debts. This is a strong
proof of the necessity Of dealing on capital in
stead of credit The appearance of a few thou
sands operates as magnet upon market de-
pressed TO the amount Of millions! 1t is couso-
nant with the true principles of commerce.
One extraordinary fact has been developed in
New York. Last fall, many merchants supposing
that the impor.ations would be small this spring,
ordered GU! greater supply than usual Thus
were they caught in their own trap. Their eager
ness to make great gain has contributed much to
| the present crisis.
The post note system is deservedly growing
into dsrcpute in New York. 1t only puts off the
evil day Stocks are still falling. All articles of
produce have declined. The failures were on
that day, the llth, confined to small houses.
To night Norma,--uli tho world will he there.
! La Bayaderc had q crowded house last night.
81 c danced with more vigor than ever, aud went
through the trial scene with all the grace Of Terp-
siciorc herself
If Celeste will devote her attention to the opc-
ratio ballets wherein the passions are exhibited
she will far surpass Taglioni, She goes to Europe
where it will be easy for her to find masters tc
compose Expressly for her genius. We hope yet
to see her in the opera of Midsummer Nights
| Dream.
Nautical Intelligence.