Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-28

we embarked Tor the Farms, which We snail de-
scribe tomorrow
BY the Southern Express.
The latest dates from New Orleans are TO the Goth
of July.
The Canal Bank offers to pay SIS so in specie for all
its five dollar netesont. Beautiful consistency when
on their twentes and fftes specie is refused!
Senior Don Francisco Martinez, Consul at New
Orleans, has been appointed Minister plenipoteniary
to the United States from Mexico.
Sgnor Fornasar, lately sang in New Orleans, a
celebrated "Mercadante." Poor Mercadanie! trans
formed into a song to come through the throat Of
bass singer! When will wonders cease?
The steamboat Leonidas left New Orleans for Gal
weston, to ply regularly from that port to Houston,
making the 4th on the line.
The Spaniard who killed Squiere got the long Of.
fered reward for his head, $780, together with SINH
lar amount made up by the people residing at the Ba
you ST. John.
There nine candidates in LOUISIANA for the Office
of Governor.
An organized band of ruffians and thieves was bro
ken up in the Third Municipality on the 10th.
Florida will apply next session for admission into
the Union.
II was rumored a, Mobile on the 2lst that Cuba
under the military occupation Of Great Britain.
Al the appearance of our fleet off Vera Cruz, the
whole town was thrown into alarm and uproar, and r
the apprehension that war was to be the order of
the day After a series of letters between Mr. Bur-
rough, our Consul, Senior de Castro and Commodore
Dallas, the frightened Mexicans came to then senses.
The Commodore, however gave them TO understand
what he would do, in case of future attacks on our
commerce. Hear him
Be persuaded, sir haif the Mexican fleet persist in
violating treaties by capturing some of e Aner-
can vessels engaged in commerce, while pursuing a
legitimate trade, my duty as commander OF the Anne
rlcan squadron and as charged with protecting the
commerce OF my nati0n will constraln me 10 resort
to more efficaclOus means TO take away the power
from the Mexican feet Of committing similar aggres-
slons.
Senior de Castro talked around this declaration.
The MoSEy MARKEr.-The weather since the lst
Of June has been most unusually oppressive yet the
city has remained remarkably healthy and more of
for many years. Business IS extremely dull but il
always is at this season of the year. Money does not
seem TO be very scarce IN the commercial communi-
ly--we hear few complain Of any unusual scarcity
The greatest sufferers we know of arc ourselves
Money with us is scarce indeed When money is at
all scarce, poor printers TO feel the press
more keenly than any one else. When II is remem-
bered how litile profit and how much labor belongs
TO VOCATION pay the printer should be the motto
Of all liberal MENU u. True American.
From occasional correspondent
New ORLEANS July 20, 1897
You ask about The banks here. My opinion is that
they will lose less than any other banks in the Union
The public will lose nothing They have about
5000 900 OF circulation $4,000 600 specie, and ST.
000o mortgage paper the first buildings and lots
in the city. They have 81 900 discounts, and not
man has run away from The city since the crisis
On the contrary, spirit is every where manifest
ing itself Of returning industry. Mos Of the mer-
chants have arranged with their creditors TO pay IN
twelve, fifteen, eighteen, tweniy-one, twenty-four
months assured that by that time they will be ableto
get in their debts due them, and so pay those they
owe 10 the banks who, in the mean time, are getting
the highest rate Of interest allowed by their charter
and nasmuch as they feel assured Of beng PAID they
are working well for the stockholders. As 10 specie
payments, were the president Of the Gas Bank
wsud resume. and think they could all resume. A
difference of opinion prevails amongst Them and
therefore they will not. The legislative action uron
Them M one can tell-but there will certainly be fine
cutting and slashng. think this-that she will de-
clare in her vengeance two or three banks forfeited
and order the rest to resume under the like fate in
case of refusal.
How the political economists OF England will write
about America First Of all they will swear the sus
pension was a concecIed measure discovering their
error they will hammer at the csuses-well and they
will hammer them ont too-and you will find, not
outstanding all the fine sayings and speculatons Of
the press in this country, that two words would have
done as well-lost confdencc--to find which they
flew 10 the specie humbug.