davidaulloa/AmericanStories huggingface dataset:
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

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winch ,siss:. vii : s$ssS isilS%.. %
0s'' ~" S''' ':$ '"':''"'''' ssss
s. Ludlow .s.s sassss sssm
wm Lswrepce pete, Rewen Jane IAN" m .,
e ysn m' as Ss,
John 9 ees,ar, Benz ksorer. John J. As,or,
nv ''a''A' WIN. BARD. President.
s. D. XTRISs Shs.ieisa to the compsny naa
THE NORTH A srEEn FIRE iNsuR.
il pr. = nj s 90
personal property a,their Office No y wahstrs~
Robert Aiashe, Thoaas bolton
David Codwse, Henry n, Bgiet
Daniel Jackson, Tfsmas saucant,
John ,f Iorm na' Graham. c asri HssSrsos.
Thomas Tsstc~, Henry "; Leeds,
Henry wyckoh Charles q. Hasdy,
samuel r Tis.lale. stephen storn,
N'l''" r hal'"' R6ss ss.f AIMS hiSsLrE, President.
JNo MeBRAIR. Secretary. d SIN
GERMAN SILVER. Fish and batter knives, sugar
~ torg spoons ieks and ladies q various patterns all Of
@eg r6e sseer originally IN, odusa the above ware and
has been asay ss this AID awarded
BY the Amer, can Institute q Their late fai.
PFC. Gs ss sSs'yss a one hours notice
N The prices of The Above articles about IS per cent
cheaper than the cal silver.
WIN CHANDLEss, Maaufacuret
my5ims Clarkson street between Vafick aud Hudson
RusuTON a. ASPINWALI.-sewf William street. st
~ fer fot sale
Juube Paste in 50 and 100 H. boves vcrysupcrior
Robinson Patent Barley Groats-sh and jus rcceived
Tariara Acid W SO " boxes. "
super Cabonate OF Soda. H. Jars and 1900 b. Kegs
Edes Oderiierous Compound, in lrpScs and bottles -
Also. swsns Panaeea. nj Manufacturers pr,ces nl'u
"A CARD.-JAs A. ~, LAMOUREtx& CO. having sle-
n ceedcd DR. LEWIS FEUCHrwANGER IN his store NO
37 broadway will furnish the public with the articles
ussay supplied by him and hope ~ their efforts to secure con-
Swedish Leecc. Diamond Cement Prusan Cemcu for filing
decayed teeth Chehory the Chemical eeparato Makne
Lozenges Coush Lorengcs &c constantly hand and
for sale the mcst reasonable wholesale and retail
a25tf
A PENNY SAVED Is PENNY EARNED The best
n quality Of Satin Beaver Hats price ofthree dollars
made on bes fur bodies equal durability and any
four ~ 6ve dollar hats. BROWN is5 Hudson street,
a07 dporsa ho Can
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

- WING The unqualified appreciation this Soap has received
from the who have used H. evidence ots
value all other shaving for quick firm
emolion laher which will not the face initiate
the skin in the sa pleasantly perumed and put IN
covered answering all the ola shaving box
HOPPERg PHARMACY,
ytolf az Rro,dsey. FrankIi n, II.
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

IJI ~ a. n, ca,egses ~ .haomy md The tn
and practice Of physc an surgery ~ .v - ~.
house No 81 Courtland street. common nv vncorr
delicate or ndclcae The mo- ~ ee,v ,ber 800 9
o wv " nins 80 late and nature. Attendance
NV, P'opo'uon'u - he" ma
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

DROP.-A sInglcbpttle of this nfalbe remedy i0f vens
disease ~hea used directed has been fund ~ every nh
to effect safe add speedy cure, having never fsi.d
knowedeed To- be The most certain, saieaDd easy cure isa
discovered Il does not require restriction IN dI
si-to he obnined ory at the office Division s'-e.
srpti. Ia an - " u
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

GARDENS ubscnber would inform ais and
N friends and the bc in general that he has WITHDRAW
the ness at his old stand No 377 Broadway
and NJ Courlandt street of Broadway
where keep hand large supply of his
mrnufacureda his extensive chemical laboratory Wiz
the American silver composition German snver which
coming ally in mdc geserau the principal part OF his Tune
and Ia sSete ories tho crude Hca pates ana
wire all varsity Of furnishing materials for private
public hoases, als very extensive variety OF useiu cs
be al his resent store Orders Tor anv ms chemical
articles which he has been In the habit Of
suppyng trade etb Of bis impor aon likewise his
silver Of whatever FORM be cit either
hessrs. J. A. LAmouseux IL Co., at his
store No Couxtlnnt stree. corner 81 Br0adway wbe onp
y executed by pr LEWIS fBUCHIWANGkh. a24 IVY
ITO FEE Les. Gardon's 81 ecifc Tor ieucon
i hn or w, rom Pans with directions ~ English, trans
late the Fene This safe, POSITIVE, and ehctual cure
the absye conppt Sold by VI. HIATT o Broadway
and Chamber ST.; Jsme Of Bowey and Walker st.
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15

ns- IN HEALTH PREPARE FOR SICKNESS would
be well for family themselves acquaine
with the virtues OF Or R WINS Vegetable Pills and Cough Pre-
m
The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-05-15
TO REAL ESTATE RRoKI

III REAL ESTATE BROk EHS.
MAPS.-The subscriber has made execute
lsi all orders the Mappiss line
cimens may DO al their Office.
LrrHoGRAPHY-Alsrdssin Lhegsaphy attended TO with
care AM despatch
of EngravBgs hand plain coloved
duced prices Dealers BROWNE & REDMOND,
Fu
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

dealer, edited by VIM. Leggett, comedies
very decidedly with US; we quite the fol.
loving extract from the Plaindealer.
The artificial banking system, shatter-
ed to fragments by the commercial reyulsion
which itself has caused, cannot be patched
up to sustain the shocks of such strong
and undermining tide.
The remedy, the easy, proper, only rem
edy, is the emancipation of trade from leg
isatiye coIsraint. 1t is a fact perfectly
notorious that there is, at this moment, a
larger amount of The precious metals in this
country, than we ever possessed at any
former period. What hinders them from
circulating freely from hand to hand, and
constituting the basis of as much credit as
is legitimately useful in transacting the real
business of the country? Nothing hnders
the much desired consummation, but the
arbitrary prohibitions which legislation has
imposed upon trade. If the restraining
laws were wholly abrogated to day, leaving
the transactions of men on their natural ba-
sis, not twenty four hours would elapse, be-
fore voluntary banking association would
be formed, capable, in every respect, OF af-
fording the community tine financial aid
which it so greatly needs. Fifty millions
of dollars, or hundred millions, the exi-
gencies of trade require so much, could cas-
lily and Immediately be aggregated, as the
capital of such an association. 1t would
command confidence by pledging so great
an amount of actual securities for the re-
demption of its obligations, as would rem
der the holder of them safe beyond all con-
tngency, short of those terrible natural con-
vulsions against which humanity can op-
pose no safeguard. 1t would be confined
to the proper field of bank operations by
the spirit of competition, which would i'm
build up rival associations.
would also insure the lowest
rates of interest. The notes of such
banking Co., issued from the commercial
centre of the nation, would be taken as E.
quivalent to gold and silver in every part
of the confederacy. 1t would also regulate
the currency, and it would regulate the ex-
changes not in virtue of any artificial con-
ditions imposed by legislative folly, but as
an affair of trade, opening to it legitimate
source of profit"
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31
From the Paptucket Chronicle.

FREE BANKING. Many persons appear
to be very much afraid of freedom in Bank
ing, as the chief source of evil and dis
ordered currency. They tell us that the
country would be flooded with the notes of
irresponsible men; that confidence would
be destroyed. A moments reflection will
soon show the fallacy of this sort of reason
ing. For instance, it is contended that
emancipation of Banking from the restraints
of law, would food the country with worth
less noies,-when mt the same time there
is not an Incorporated bank, in the nation,
that can redeem its bills in specie--whilc
the private banking establishment of the
Messrs Cohens of Baltimore, promptly
meets the claims of the public with specie (!
So much then for the sanctifying power of
Acts of incorporation, and the irresponsible
ity of private bankers
Again, it may be declared that the CO.
hens did not issue bank bills, and therefore
theirs is not parallel case. We are will
ling to admit 1t; but our readers will recol-
lect another statement of the bank party,
made when the Banks suspended specie
payments they vociferously assured the
public that " the banks stopped, not because
they wanted specie to redeem their bills, oh
no, they had specie enough for that, but
not enough TO satisfy the demands of their
deposi,ors." Put that aud that together.
and see if the case is made stronger. The
calls Of the depositors caused the Incorpor-
ated Banks to suspend, while the Cohens,
mere private bankers, Notwithstanding they
are obliged TO make immediate payment to
heavy depositors, continue to liquida,e their
debts in specie
There is no other way Of keeping men
strictly honest, than to let the interest of one
man act against another, with no restraint
but healthy competition, and no other
sanction than keen sense of honor. A
man, actuated by no other motive than
fear of the law, the dread Of public hatred
and contempt. is not a good citizen. He
may deal justly with men, but not from nny
inward sense Of righ, or attachment to his
neighbors.
We are not alone in our sentiments.
The ablest Journal in New York, the Plain
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

Commerce of lS36.-We are indebted to
the obliging attention Of one of our late
Representatives in Congress, for copy Of
the Report just printed of the Commerce
and Navigation of the United States for IS-
36. A few of the general results presented
by this report have been some time since
made public. The report itself, we believe
is just from the press.
The gross amount in value of imports,
within the year ending on the Both of Sep
tember last, is SIS9,9SO,035.
The amount of exports is sl2s ,663, ,O4O,
making an excess of imports over exports
of Sol 3 1896. This is an extravagant
and unexampled excess, which could have
taken place only under the very remarka-
ble circumstances, which combined to pro-
duce an unprecedented expansion of credit
and of the currency, and consequently such
an unnatural advance of prices, ns to rem
der this country, the preferable market for
almost every description of merchandise.
Best. 1dU.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

politics of the dav-have given my silent
vote at the polls without fear or favor for
such as ! thought best fitted for the Offices
to which they were called; i never had
dollar OF accommodation at any bank, and
never borrowed or hired dollar of any rich
man l have never entered into any spec
uiatlon--have been in business for five years
paio heavy rent, maintained a family and
N'eo wiehih my means, my business is now
ehureIy at stand, and from a candid ex-
animation OF the troubles with which we
are all at present afflicted, for one am
ready to lay this whole disastrous state of
'nings 10 our present banking system, to
.he'r means of creating panic, and maxi
'"s money easy or scarce as they pleased
i-anoroing accommodations to a parcel of
spectators, brokers and gamblers, who with
these bank facilities enter into eyery kind of
speculation and over-trading, and in the end
bring ruin and distress upon the whole
country. Andrew jackson told u. in 1874
that the banking system was rotten to the
core, and even the Wing Governor, Davis.
said they could not pay ten cents on the
dollar, AMI yet these very bank people
these specuators and oyer-traders who have
caused all this distress, are the first to charge
Tue government as being the sole cause
These very men are loudest in their con-
formations of the administration. Was il
government that sent these spectators into
the wilderness and quagmres of Maine, to
buy up more land and timber than will be
wanted for centuries to come? Did the
United States Government create the ia
nous India Rubber bubble, and thousand
other bubbles, MalleabIe Iron Company,
and all which have since burst, carrying in
their fall many who had invested in them
their all ! Was the Government the cause
of merchants spending all they were worth,
IN up town and other lots, instead of pay
ing their just debts to England Was the
the Government the cause of the great fire
at New York, throwing out of existence
fifteen million of dollars, and in one word,
was Government the cause ofthis unlimited
credit, which has made people run mad in
their haste to become rich-thinking no
amount of credit they could get 100 great
living without any prudence or economy,
as if all that was contained in their ware
houses was theirs, and they independently
rich = Mr.. Editor, no cool, prudent, fair
man can believe for a moment, that Govern
ment is the cause Of oil this trouble which
we are now experiencing.
These very men who are now ripe to
nullify the laws, were the first to cry out
against South Carolina, for doing what
they themselves are now so anxious to car
ry into execution. They are ready to do
any thing and every thing, if they can only
change the present Government. But they
will find to their sorrow that treason against
the Government is no small crime, and that
enough stand ready even in federal Boston
to see the Government protected and the
laws carried into execution. ID.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31
ANTYMASONIC CONVENTION

Pursuant to a resolution OF the Antima-
sonic State Convention, holden in Proyi-
dence, in January last; Convention will
be holden at the State House in Newport,
on "Wednesday Evening, June 2lst, at s
O'Clock, for the purpose Of nominating can
uldates for Representatives TO represent this
State, in the 25th Congress Of the United
States, and also, to appoint Delegates to
the National Antmasonic Convention, to
be holden in Philadelphia in September
next.
The Antmasons of the several towns, are
requested to elect Delegates to attend said
Convention, of double the number of
their representatives to the General Assem-
bly,.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

We must offer an apology to our readers
for the small quantity of entertaining mat
ter that we furnish them to-day. Uncle
Sans Tales have not much that is at,rac-
five or interesting in them, though there is
a great deal of music and poetry too, in the
termination of nearly all the verses we pub
lish to-day. We have the pleasure of stat
ing, however, that we have completed their
publication, and shall be able in future to
serve our readers with greater variety
than has lately been in our power.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31
ORDINATION.

The Ordination of the Rev. Mr.. Brooks,
Pastor Of the Unitarian Congregational
Church, will take place on "Wednesday the
18th proxi.ne.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

An adjourned term Of the Cour, of Com
mon Pleas for this County, will be holden
tn THE town next week.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

/ The people, therefore, had out Of the
banks in the plentiful year of 1885, s3l9,-
O9s more than they put iu. And in the
great panic of the previous year, 1884,
they had out of the banks s976,733 less
than they had put in; which made differ
ence of 81 ,295, ,S3I which sum would av-
erage sl3 each to every man woman and
child in the state Is this not enough to
account for the plenty Of the one-and the
barrcnness of the other period!
Takingthe four years together, the people
had in the banks, an average of over 100
thousand dollars more than they took out
on interest. 1t also appears that in the
years of prosperity, the banks let out little
more than thepeople had put in their hands !;
but in the years of distress, the banks let out
much less to the people, than the money
the people had put in their hands.
Since the year 1885, we believe no bank
returns have been published nor have we
the means of ascertaining the present state
of their loans: but from the best judgment
we can form, their curtailments must be
very greatNat this time, probably an average
of at least 10 per cent of the usual loans;
and if so, the people are now deprived of the
use of their own money to the amount of at
least one million Of dollars, by having COM
mitted ito the custody of banks. This sum,
withheld, is amply sufficient to account for
all the present enbarassments under which
the trade and industry of the people of this
state now labor.
We will now take brief glance at the
currency Of one year-say 1884.
Bills in circulation, $I,25I ,435
From which deduct the bills ofother
banks, held by the several banks
and of course not in the hands Of
the people 2Gl, ,lO9
Leaves this amount in the hands of
the people 1890, 1926
As we may fairly calculate that at
least one third of this amount is in
circulation out of the bounds of the
State over and above the bills of 9TH
eT States in circulation here, we deduct 800 l0S |
n the hands of the people of this State $500 2lS
The banks had in their vaults at that time
in specie, as per report 467,401
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31


Thus It appears, from the four examples
g'ven--and they were the only returns cx-
omined by us-,ba, in 1929, Ga distressed
period the people took out of the banks, on
interest, less money than they had put in,
by Sl7O,569. In 1888 they used more
than they put in by s67 .473. Ia 1884, the
great panic year, the people used less than
they put in by s976,733. In 1895, the
time Of great plenty and speculation, the
people used more than they put in by s3I9,
O9S.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31
NEWPORT.
WEDNESDAY. MAY 81, 1887
REPUBLICAN, CONTENTION

A Democratic Republican Convention
will be holden at the State House, in New
port, on Thursday evening, June ~, 1887,
at 8 o'clock, for the purpose of nominating
Candidates for Representatives to represent
this State in the 25th Congress of the Uni.
ted States.
90 The Republicans in the several
towns ore requested to choose Delegates to
attend said Convention.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31
Leaves this amount in the hands of
the people

piJIjOll
The people gained in circulation by all
the banks only 1881 dollars over the a.
mount of specie in their vaults; and when
we consider that every possible means is
taken by the banks TO force out rs large a
circulation as possible, we may fairly con-
clude that the whole necessary and natural
circulation mig Int be supplied by the S467, :
4O7 dollars of specie, in addition to the spe-
Gle then and before, already in the hands
Of the people. And when we recall again
to our recollection, that the people lose the
use, on an average, of over s 100, 900 of Their
own money by putting it IN bank stock and
deposItes, we may fairly conclude that the
public are not so much indebted to the
banking system for their business opera
tons, as has been generally supposed.
These remarks and calculations, recol-
lect, are on Rhode-Island banking and r.
Island currency; and will not answer for
other states, where banks keep bills in cir
culation TO a greater amount than their
capital stock. In such states the trading
capital is, doubtless, much increased in a
mount-bm they are nOw trying the e1pcr-
iment, as to its Udiuet
That the banks in r. Island have enough
bills in circulation, and a little too much, is
fully evidenced by their nc, being able to re-
deem them according to their legal obliga-
ton. We THE PEOPLE.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

am. Sir, an humble mechanic--ha,e
taken no active par, in The exeiiemen, aud
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

TREASURY CIRCULAR.-Mr. Secretary
Woodbury. has addressed circular to the
cashiers of the suspendng banks, asking
an explanation of the causes, &c. and no,i-
flying them that no further deposites of the
public money can be made with them, if
they lave actually suspended. The follow
ing queries are propounded for an early an
swer.
ist. Whether you expect to resume spe-
Gle payments soon, and what mode you
propose to take fully and seasonabe to in-
demnify, secure. and satisfy the govern
ment and the public creditors for any breach
of your agreement and bond
ID. Whether, if YOU do not expect to
resume specie payments soon, any partcu-
lar time for it hereafter has been yet de-
cided on, and what special efforts or ar
rangements you intend to make for that
very important object IN. Y Com. Adv.
Resumng Specie Payments.-The pa
pers in different parts of the country are
specializing as to the probable time when
the Banks will resume specie payments.
One says they can do it in three months,
another thinks j, will require six, while
third declares that it will require ms long
time TO prepare as did the Bank of England
after similar disaster, viz-22 years. Mai.
Noah of the n. Y. Star puts forth the fol-
lowing suggestion on the subject -
We incline to the belief that resuming
specie payments will be contingent on the
crop of the current year. Our credit abroad
is at low ebb at present, and when our
foreign debt is cancelled hy the proceeds of
the next crop, which canno, be earlier than
February next, we shall by prudoat meas
ures during the interregnum, and judioious
avs passed by Congress, find ourselves IN
A condition TO pay in gold and silver. The
suspension will he found in the sequel 10
nave worked well for operations hereafter"
The Wings were ready TO immediate
jackson, for violating The law, as
hey said. in taking the responsibility Of
.cmoving the derosiies. Now they are ius,
IS ready 10 rebel against the government
md mob President Van Buren,, becauss he
will not take The responsibility Of violating
,is oath of offic. and the express laws reg
stating the collection of the revsuuel
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-31

The democratic party have always advocated " the
greatest good Of the greatest number" Thoy have
invariably opposed all attempts promote the inter-
ests of the few at the expense of the many. They
have never coun,cnanced overbanking, overtrading,
luxury and extravagance; or encouraged the expe-
ents devised by the ayarcous or ambitious to attain
their own selfish ends They have ever acted as be-
came men, who knew that there was nothing in the
principles they professed in the spirit of the const
tu,on TO authorse any legislation granting and pro
tccting exclusive privileges Their motto is, and ev-
er has been, "equal rights and equal laws" The
policy Of the late Executive, the sentiments Of the
ublcsi men Of the party in the legislatures of the DIFF
ferent states and the tone of leading journals
supply abundant proof Of continued hostility to
monopoly in every shape, and to partial legislation.
We grant that interested, corrupt and plant men
have been found among u.s. to aid the wings in the
multiplication Of bank charters, and in measures no
wise republican. Such men have ever existed in all
parties. Such men were found in Pennsy lyania TO
promote the interests of the Biddle clan; and such
have elsewhere contributed to aid the speculatng,
iravagaui aud destructive spirit of the times. But
they were not of the true republican school. They
had allied themselves the party for ends exclusive
ly sordld and personal. They were traitors TO the
principles they proessed, and TO those with whom
they were associated.
Whenever democratic legislature has consented
10 multiply banks and extend nonopoics, has been
through the agency of few corrupted members Of
the dominant party acting in concert with all the
wings The democracy as body, have never con- c
,rbuted by any Of theirs to the banking, specula
ting mania which has prevailed to SO alarming de-
gree. Yet upon them is the burden attempted to be
laid, by those who endeavorng to throw off the $
guilty consciousness Of their pernicisus legsa-
ton, aud who would gladly make " confusion worse
tonoundod," fby additional panic and distress they
could accomplish their own political ascendency. !,