Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-06-09

degradation Of all morals-of want of all vrtss and
all selfrespsst this trial may probably make Fsvela
tons equal in infamy though different in kind to hose
with which the name Of Rosina Townsend IS con-
nected. Don't start gentle reader The morals
and manners of the fashionable bank swlndlers OF
1887 have an intimate relationship with those OF the
celebrated Rosina. They all appear TO have sprung
from the same polluted source-fo have been COM
panons and associates in the same nightly reve-to
have feeling ofconsangunity and congeniai'y-to be
equally Enthusiastically wicked-equally polluted
equally atrocious and equally deserving OF the
eternal execration of free and moral people. The
banking system Of Wall street is branch ofthe same
tree which fourshed in blood in beauty, in murder in
love in corruption, and in infamy in the splendid
halls and beautiful drawing of Thomas street
Hotel Though nominally the trial Of patry and
contemplate editor-Bennett by name we believe
for the publication of few reports to make his dirty
paper SELL they say is fact adisclosure the
crets of the prison houses in Wall street. full revela
ton of the Rosna- Townsend system OF banking
credit and currency. On the 10th of May, 1897 bank,
credit like poor Ellen Jewet after her honor was gone,
basey bdtchered by the hatchets of some secret
murderers, and this trial may probably reveal who
were the Robnsons and Rosna Townsends connect
ed with that fatal-that bloody-that horrible act
Let the whole country attend.
CHARACTER OF THE HERALD IN EURo7E.-If the
editors of New York vainly combine TO injure our
reputation and cry down our popularity we have rea
to be thankful that all the rest of the civilized
world is on the other side of the question. Among
our foreign extracts yesterday was the following
from London evening paper:
Mr. Bennett ofNew York, editor of the Herald, a
very witty paper, and, what ID somewhat singular in
alliance with such publication, also celebrated for the
vgor and accuracy of its Wall street and CONNER
cal reports" &c.-London Sun, May LIST.
Here is fact unprecedented in the history Of the
American newspaper press. No London paper be-
FORE ever degned to notice American paper in such
friendly terms or in any terms But this is not ALL
We have reason to believe that the New York Her.
aid has found its way into the celebrated bank par
lor" Of the Bank of England. For some time past
Mr.. M. L. DAVIS ofths city, has, under the patronage
and advisement of the u s. Bank been the cores
pondent of the London Times, under the name of
"A Genevese Traveller" This correspondence has
existed for two years or more. Through this channel
the Bank of the United States furnished the British
public with information on the politics and finances
of this country. In Londsn pers n of any nfor-
nation put credit in the party papers here. For
time therefore Mr.. Daviss letters and they are OK
ceent letters the only objection being that they are
all on side, the source of all financial and
political information to the London change.
Since the commencement Of the present revulsion,
in 1885, the Wall street and other reports Of the Her.
aid have attracted and astonshed the commercial
world, in New Orleans, Mobile, Charleston, and every
other city out of the malign inflsence Of New York.
for their accuracy, ulness and general independence
On the first news of crisis reaching England, the
anxiety to get accurate accounts pervaded all classes
but particularly the Bank of England Copies of the
New York Herald found their way to London, not
sent by us for take the trouble but forward
ed by others. One or more of these copies reached
the Bank of England and others the British cabinet;
| and we have reason also to know from private
source that comparing all the Information received
from this country up to the 10th of April he Bank
Directors actually gave the preference, point of
curacy and honesty, the Wall street reports Of the
Herald over all their private information from every
source.
But this is not all yet We know from Official
sources tina, files the NewY ork Herald are regularly
sent ont TO the French government to the Belgian
government, and to the Russian government, simply
to keep all their cabinets correctly advised Of the
events of a revulsion the like Of which never took
place in the civilized world.
We are greatly pleased-not surprised, to hear Of
these facts 1t is netting more than what industry
and honesty will always create The New York
Herald, from the high moral stand it has assumed
against the suspension of specie payments will still
further show the people and governments Of Europe,
that the great national principle of commercial inte-
gritty violated by that coup detat has yet some fear
less and living representatives that will never sue
cnmb-hat will give up the ship till the honor
Of the republic be restored by resumption. We may
expect to receive the jeers Of all Europe-to he called
nation of bankrupts-to be ncknamed the republic
of swindlers and chears-bu the day Of retrbuon is
coming upon all those who have hurried upon this
calamity.
GREAT LITERARY Observation-Disclosures TO BEs
rgTr's NEwspAPtR ESTABLISHMENT, II Ann street,
there are nearly ono hundred original literary charac
tiers, called by way Of convenience, the hterafi-
They consist Of editors, reporters, prize writer's, news
collectors clerks, printers, pennya liners pressmen,
Ay -boys, engineers carriers, and little ragged rascas
of newsboys. They form corps Of wit originality,
philosophy, influence, and popularity, snexampled in
| the history Of literature.
| We understand that this body Of original genius in.
tends to get up next 4h Of July, splendid Literary