Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-25

$780, In coin. The circulation OF this institution CON-
pared with the specie hand is in the proportion OF
IL to |.
The heat in New Orleans continues to kill the Irish
men exposed toit.
At the French theatre during the representation OF
the Barber of Seville, where Figaro is going to
shave DIR. Bartalo wag in the PIT cried out" Hea-
vens what a shave!-why, surely that Is --s
razor" Every eye instantly directed towards
the box where the shaver or broker sat- lie tired to
join in the laugh but was obliged to make his escape
to avoid the disagreable Of his position.
The boat race at Augusta went off with great glee.
More than two thousand people were assembled on
the occasion. The Minerva won by scarcely length
time, % l-2 minutes-dstance not named. The
prize was gwen the victorious club at the the thea
tire by Mrs. Hart.
The Secretary of the Navy it is reported, will re-
sign shortly.
The President is resolved not TO permit the Penn
sylvana to be coppered at Philadelphia. What will
the city OF brotherly love do now?
From JAMAIcA.-By the schooner Walter E. Hyer
Capt. Smith, arrived yesterday from ST. Jage, we
have received file cf the Kingston Uam) Royal Ga
zete TO the 18th ult.
The intelligence Of our suspension of specie pay
mens reached Jamaica on the 10Th ult
letter from st. Thomas, received at Kingston,
dated May IL, says:
"The weather in this quarter still continues un
usually dry; there has not been moro than one days
ram probably during four five months past in this
Island there any indication of speedy change
of weather at present; the complaints are not heavy
regards the present CROP however but fears are en-
tertaned to the ensuing crops in Porto Rico and IN
other Colonies, where large crops generally reckon
ed upon. May 20th-American Flour $40 to Sll per
barrel. Rice IS per 100 lbs. Coffee $40 to Sl2."-
Charleston Mercury.
CRAZE rersus THE RosE.-"Why don't you put
piece of Grape round your hat" asked broker of me,
yesterday, in Wall street.
"Wky should z" replied /.
.'For the death ofpoor King William
"The death of poor King William why, am
glad he is dead"
"Glad! why you be gad?'
"Have they not got fine, fat, pretty young wo-
man for Queen2 Who would not be glad that an
old fellow had gone 10 heaven, and left lovely
young woman TO adore on EARTH Egad, I'll put
rose in my hat for JOY"
SURPRISES OF THE BURNED UP INSURANCE Con-
pANIEs-One Of the greatest calamtes caused by the
Great Fire of December, 1886, the total desruc-
ton of the little pittances, held by widows, orphans
and aged persons, in the stocks of these companies
That night and day destroyed 81, 100000 of property
and buried numerous families in permanent distress.
BeIon gng to these Companies there was an aggre-
gate surplus fund OF $500 900 more, which the orr
pnal stockholders conceived, Of right belonged 10
them. This, however, was denied, and an action was
begun in the Court Of Chancery TO decide the ques
ton 1t has been already about year in litigation,
and an interocutory decree has been passed by the
Chancellor, against the poor claimants, with the right
efappealing to the Court Of Errors.
We understand thata meeting will be held by the
claimants day this week. for the purpose Of pre-
pairing measures TO make such an appeal
The grounds of the suit are simple truths
The claimants contend that the capitals Of the
companies are admitted freely TO belong TO the in
sured TO whom it has all been paid over, but that the
SURPRISES remaining in the hands Of each of these
companies are Of right, the property of the stock
holders. These SURPRISES accruing from profits were
permitted remain there merely as place Of deposit
to the stockholders in the aggregate. But by strict
justice and equity they deny ,hatany portion of it be-
comes liable for the debts losses Of the companies.
On this ground the parties joined issue. The Chancel
or decided az inst tho claimants, but appeal is ia
ken 10 the Court Of Errors.
Whatever may be the fate of the suit in strict law,
there be no doubt Of its merits in strict equity.
The merchants who had insured have received all the
capitals Of the companies Their losses remedied
The poor stockholders, who lost their ALL only seek
the small pt,ance Of the surplus ltwould be charity
and justice to let them have it.
Ir We can readily excuse the "SHnday Morning
News for its ridiculous, insane ribadry about and
the Herald" The extraordinary increase of our
week., paper side by side with the decrease ofhs,
| is enough to take away the senses Of any man. But
more especially such the case when the poor fellow
has not much Of the article TO spare. We cannot af-
ford to write coterie Of psspers into fresh and
new breeches. They must eat the cold and wear the
old little while longer-then well exercise our cha
nty. The grease he get for nothing by holding a
cup under his chin.
II Perhaps there is nothing, in the whole process
Of fashionable irtation pretty and picturesque
than the act Of dropping very gracefully on one knee
beside piano forte stool
N. Il. To make il interesting, lady must be seated
upon it, playing and singing of Moorc's extaric
melodies, such as
"Come rest in thi. bosom, my stricken dear
| favorte of the Rev. John N. Maffit.
| Correspondence Of the Herald
GuAyAnA, p. r., July g. 1887.
JAMES @. BENNETT, Eso-Sr:-We sometimes
have the pleasure in this oufoffhe-icay-pisce,
of seeing and reading that little invaluable paper call
ed the Herald edited by your goodscf who consI-
der Of the first men Of the age as an editor Of a
daily journal dedicated 10 commerce. arts sciences,